Welcome to our dedicated page for Parke Bancorp SEC filings (Ticker: PKBK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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. 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.
Parke Bancorp, Inc. has declared a cash dividend of $0.20 per share. The dividend is payable on July 17, 2026 to shareholders of record as of the close of business on July 3, 2026. The Board of Directors states that it anticipates paying cash dividends on a quarterly basis, but any future dividends will depend on factors such as the financial condition of the Company and Parke Bank and applicable legal and regulatory constraints, and may be reduced or eliminated in later periods.
PARKE BANCORP, INC. director Arret F. Dobson reported an option exercise and related share sale. Dobson exercised stock options covering 13,500 shares of common stock at $12.29 per share through an in-the-money derivative exercise, then sold 11,000 shares of common stock at $31.61 per share.
Following these transactions, Dobson holds 108,143 shares of common stock directly. He also retains equity incentives, including restricted stock units tied to 2,500 underlying shares that vest 20% per year over five years, and stock options covering 5,000 and 12,375 underlying shares at exercise prices of $21.66 and $20.14, respectively.
Parke Bancorp, Inc. announced that its Board of Directors has approved a stock repurchase program allowing the company to buy back up to 5% of its common stock over the next twelve months, unless completed sooner or extended. Repurchases are expected to be made in open-market transactions under Rule 10b-18 of the Securities Exchange Act of 1934. The company notes that the timing and actual number of shares repurchased will depend on factors such as share price, corporate and regulatory requirements, and overall market conditions.
Parke Bancorp, Inc. reported sharply higher profitability for the quarter ended March 31, 2026, as net income available to common shareholders rose to $11.8 million from $7.8 million a year earlier. Basic EPS increased to $1.01 from $0.66, driven mainly by stronger net interest income and a lower provision for credit losses.
Net interest income rose to $22.1 million, with net interest margin expanding to 4.17% from 3.21%, helped by higher loan yields and lower funding costs. Loans grew modestly to $2.04 billion, while deposits declined 3.4% to $1.70 billion, contributing to a $46.0 million decrease in cash and cash equivalents.
Total assets were $2.21 billion and equity reached $335.6 million, reflecting retained earnings after paying $2.1 million of dividends. Credit quality metrics remained controlled, with an allowance for credit losses of $34.9 million and a reduced provision versus the prior year.
PARKE BANCORP, INC. President & CEO Vito S. Pantilione reported several updates to his holdings in the company’s common stock and equity awards as of April 28, 2026.
He completed an open‑market purchase of 1,300 shares of Common Stock at $30.3738 per share, bringing his directly held common stock to 236,529 shares. He also made two bona fide gifts of 900 shares each, one from an indirect "ITF" account and one from his direct holdings, totaling 1,800 shares gifted without sale proceeds.
In addition to common stock, he continues to hold indirect positions of 15,640 shares in a 401K, 2,225 shares held by his spouse, and 43,958 shares in an IRA. His equity awards include 2,500 restricted stock units that convert into common stock, vesting 20% per year for 5 years, plus stock options covering 22,500 shares at an exercise price of $12.2900 expiring in 2030 and options on 13,200 shares at $20.1400 expiring in 2028.
Parke Bancorp, Inc. held its annual meeting of shareholders on April 21, 2026. Shareholders elected directors Vito S. Pantilione, Dr. Edward Infantolino and Elizabeth A. Milavsky, with Pantilione receiving 6,879,495 votes for and 76,162 withheld, Infantolino 4,962,672 for and 1,992,985 withheld, and Milavsky 6,888,346 for and 67,310 withheld, plus 1,861,507 broker non-votes for each nominee.
Shareholders also voted on two additional proposals, which received 8,775,913 and 6,335,958 votes for, respectively, with relatively few votes against or abstaining. In a separate vote on alternatives labeled one, two or three years, the "one year" option received 3,953,415 votes, or 56.90% of votes cast.
Parke Bancorp, Inc. announced that its Board of Directors approved a two-cent increase in the cash dividend for the second fiscal quarter of 2026, bringing the dividend to $0.20 per share.
The company highlights its community banking footprint across New Jersey and Philadelphia, offering full-service commercial banking to individuals and small businesses, with deposits insured by the FDIC and common stock traded on the Nasdaq Capital Market under the symbol PKBK.
Parke Bancorp, Inc. reported significantly stronger results for the first quarter of 2026. Net income available to common shareholders rose to $11.8 million, with diluted EPS of $0.99, up from $0.65 a year earlier. Net income for the quarter increased 52.3% compared to the first quarter of 2025.
Profitability improved across key ratios, with return on average assets at 2.19% and return on average common equity at 14.47%. Net interest margin expanded to 4.17%, supported by higher interest and fees on loans and lower interest expense. The efficiency ratio improved to 31.39%, indicating tight expense control.