LOS ANGELES, Nov. 9, 2015 /PRNewswire/ -- Pacific Mercantile Bank ("the Bank"), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), announced today that its partner project, animated family feature NORM OF THE NORTH, is scheduled for theatrical release in the USA and Europe in January 2016. Pacific Mercantile's project financing package facilitated completion and distribution of the film.
"It was great to work again with Pacific Mercantile Bank. They provided custom financing for NORM OF THE NORTH which was ideally tailored for the film's development," said Steve Rosen, CFO & COO for Splash Entertainment and producer on NORM OF THE NORTH.
"We were proud to partner once again with our long-time client Splash Entertainment to produce this animated family feature film. NORM OF THE NORTH is reflective of Splash Entertainment's commitment to top-quality children's entertainment," said Adrian Ward, Senior Vice President, Entertainment Industries Division, Pacific Mercantile Bank.
NORM OF THE NORTH follows the exploits of Norm, a fun-loving polar bear, and his three ragtag lemming pals in their bid to save their Arctic home. Traveling to New York City they take on the big apple, big business, and a big identity crisis in an effort to save the day from a maniacal land developer.
The film features an all-star cast including Rob Schneider as the lovable, dancing polar bear "Norm", Heather Graham as the honorable "Vera", Ken Jeong as the maniacal "Mr. Green", Loretta Devine as the congenial "Tamecia" and Bill Nighy as the all-knowing "Socrates". NORM OF THE NORTH is being directed by Trevor Wall from a script by Jack Donaldson and Derek Elliott. Nicolas Atlan and Mike Young, co-CEO's of Splash Entertainment, as well as Splash's Liz Young and Steve Rosen, are producing alongside Lionsgate's Ken Katsumoto. Lionsgate is distributing the film in the U.S.
Pacific Mercantile Bank is one of the premier lenders to independent film and television producers, distributors and other entertainment-related companies. Since 2009, Pacific Mercantile's EID has extended more than $225 million in financing to independent film and television production companies. Collectively, the EID team has more than 75 years of exclusive entertainment-related experience and has financed more than 750 film and television productions with budgets ranging from $2 million to $65 million.
About Splash Entertainment
Specializing in children's entertainment, Splash Entertainment is an innovator, developer, and producer of original animated television series, properties and brands that are implemented across all digital platforms of the media. The company's library (over 540 half hours) contains content airing in more than 160 territories worldwide.
About Pacific Mercantile Bank
Pacific Mercantile Bank opened for business March 1, 1999. The Bank, which is FDIC insured and a member of the Federal Reserve System, provides a wide range of commercial banking services to businesses, business owners and business professionals through its combination of traditional banking financial centers and comprehensive, sophisticated electronic banking services.
Firefly Media / Penny Guyon Email 323-874-0776
PACIFIC MERCANTILE BANK CONTACT
Adrian Ward Email 310-860-3011
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SOURCE Pacific Mercantile Bank