Parke Bancorp, Inc. filings document the public disclosures of a New Jersey bank holding company and its Parke Bank subsidiary. Recent 8-K reports furnish quarterly and annual earnings releases, including results of operations, financial condition, net interest income, loan and deposit balances, interest expense, credit-loss provisions, and related banking performance measures.
The company’s SEC records also cover dividend announcements, Regulation FD disclosures, exhibits to press releases, and annual meeting matters. Proxy materials and meeting-result filings document director elections, auditor ratification, advisory executive-compensation votes, compensation disclosures, and other governance items for the company’s common stock.
Parke Bancorp, Inc. (PKBK) reported third-quarter 2026 net income of $12.2 million, up 14.5% from Q3 2025, and revenue of $39.6 million, up 6.1%. Interest income increased $2.2 million during the quarter, primarily as interest and fees on loans rose $2.1 million, or 6.1%, to $37.0 million. Interest expense decreased $0.7 million, or 4.3%, to $15.6 million. Non-interest expense decreased $0.4 million, or 5.4%, to $6.8 million, chiefly as professional-services expense decreased $1.0 million.
For the nine months ended September 30, 2026, net income increased 35.9% to $36.2 million; basic and diluted earnings per common share were $3.09 and $3.04. Net interest margin was 4.15%, versus 3.49% for the same 2025 period, and the efficiency ratio was 29.50%, versus 35.68%. The loan portfolio increased approximately $61 million since year-end 2025, and total assets were $2.33 billion as of September 30, 2026, up 3.7% from December 31, 2025. The quarterly provision for credit losses was $1.0 million, compared with $0.4 million in Q3 2025.
Parke Bancorp, Inc. (PKBK) appointed Michael L. Regina to its Board of Directors on September 22, 2026, to serve until the next annual meeting of stockholders. He was also appointed to Parke Bank’s board, and his committee assignments will be determined later. Regina is founder and co-owner of Big Sky Enterprises and Global Post Auditing Solutions, and has more than two decades of business leadership, entrepreneurship, and commercial real estate development experience.
The board approved amendments to the bylaws to remove the director residency requirement of living within 50 miles of Parke Bank’s office and the minimum ownership requirement of 25,000 shares of common stock.
Parke Bancorp, Inc. (PKBK) announced that its Board of Directors declared a $0.20 per share cash dividend, payable on October 16, 2026 to shareholders of record as of the close of business on October 2, 2026. The Board also stated that it anticipates paying cash dividends on a quarterly basis, subject to future determinations that consider the financial condition of Parke Bancorp and Parke Bank and any applicable legal and regulatory restrictions, and noted that future dividends, if paid, may be reduced or eliminated.
PARKE BANCORP, INC. (PKBK) director Elizabeth A. Milavsky reported insider activity involving common stock and equity awards. On 2026-08-24, 632 shares of common stock were disposed of to the issuer from a 401(k) account at $33.97 per share as a Required Minimum Distribution, leaving 15,912 indirectly held shares in that account. She also reports 35,278 common shares held directly, outstanding stock options over 29,150 shares at exercise prices between $12.29 and $21.66, and a prior grant of 2,500 restricted stock units that vest 20% per year over five years.
PARKE BANCORP, INC. Chief Financial Officer Jonathan D. Hill exercised 2,000 stock options on Common Stock at an exercise price of $19.03 per share and acquired 2,000 shares of Common Stock. On the same date, he sold 2,000 shares of Common Stock at $34.96 per share. Following the option exercise, he held 6,000 stock options directly, 3,300 underlying shares tied to Restricted Stock Units, and 879 shares of Common Stock held indirectly through a 401(k) plan.
Fourthstone LLC and affiliated funds report passive beneficial ownership of Parke Bankcorp, Inc. common stock on behalf of advisory clients. Fourthstone directly holds 100 shares of common stock, which represents 0.00% of the class, based on 11,730,950 shares outstanding as of May 4, 2026. The group states the securities were acquired in the ordinary course of business as a registered investment adviser and not for the purpose of changing or influencing control, and confirms beneficial ownership is 5 percent or less of the outstanding common stock.
Parke Bancorp, Inc. (PKBK) reported strong Q2 2026 results. Net income available to common shareholders was $12.2 million, up from $8.3 million a year earlier, with diluted EPS of $1.03 versus $0.69. For the first half, net income to common rose to $24.1 million and diluted EPS to $2.02.
Net interest income increased to $23.0 million for the quarter and $45.1 million year to date, as higher loan yields and lower deposit and borrowing costs offset reduced interest on bank deposits. The credit-loss provision declined to $0.7 million for the quarter and $0.9 million year to date, while nonperforming loans fell to $5.4 million from $10.8 million at year-end 2025, even as one distressed office loan moved into $6.8 million of other real estate owned.
At June 30, 2026, total assets were $2.30 billion, loans were $2.03 billion, deposits were $1.76 billion, FHLB borrowings were $164.0 million, and shareholders’ equity was $346.1 million. Cannabis-related customers provided $61.1 million of deposits (3.5% of total) and $50.9 million of loans, a business that depends on continued federal tolerance of state-legal cannabis banking.
Parke Bancorp, Inc. President & CEO Vito S. Pantilione purchased 1,300 shares of common stock on July 29, 2026 at $33.68 per share in an open-market transaction. He also reported a bona fide gift of 800 shares associated with an ITF indirect account on July 30, 2026, with 19,642 shares indirectly held in that account after the transfer.
Reported equity interests include stock options covering 13,200 shares at an exercise price of $20.14 expiring August 22, 2028, options for 22,500 shares at $12.29 expiring April 24, 2030, and 2,500 restricted stock units that convert 1:1 into common stock, vesting 20% per year for five years.
Parke Bancorp, Inc. reported solid results for the quarter and six months ended June 30, 2026. For Q2 2026, net income was $12.2 million with diluted EPS of $1.03, on revenue of $39.3 million, up 4.1% from Q1 2026. Net interest income rose to $23.0 million as higher interest and fees on loans offset lower interest on deposits with banks. Net interest margin was 4.17% for both the quarter and year-to-date.
For the six months ended June 30, 2026, net income increased to $24.1 million, a 50% rise from $16.1 million a year earlier, with diluted EPS of $2.02. Profitability ratios improved: return on average assets reached 2.18% and return on average common equity 14.40%. The efficiency ratio improved to 30.16% from 36.60%, reflecting expense discipline despite modest growth in compensation and other operating costs.
Total assets were $2.30 billion at June 30, 2026, up from $2.25 billion at December 31, 2025, with net loans around $2.0 billion and higher cash and cash equivalents. Asset quality indicators included an allowance for credit losses equal to 1.70% of total loans, non-accrual loans declining to $5.4 million, and other real estate owned increasing to $6.8 million.
Parke Bancorp director Arret F. Dobson reported an open-market sale of common stock. He sold 2,500 shares of PARKE BANCORP, INC. at $31.73 per share and now directly holds 105,643 common shares.
Dobson also holds equity incentives. He has restricted stock units covering 2,500 underlying common shares that vest 20% per year for five years, each unit converting into one share upon vesting. In addition, he holds stock options to buy 5,000 shares at $21.66 per share expiring on June 13, 2032, and options to buy 12,375 shares at $20.14 per share expiring on August 22, 2028.