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. 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 237,429 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.
Parke Bancorp Inc reports a 5.1% passive stake held by Dimensional Fund Advisors totaling 599,209 shares as of 03/31/2026. The filing states Dimensional provides advisory services to registered funds that own the shares and disclaims beneficial ownership; voting and dispositive powers are reported by the adviser.
PARKE BANCORP, INC. President & CEO Vito S. Pantilione reported two bona fide gifts of common stock, each for 100 shares, on Common Stock dated March 23, 2026. One 100-share gift reduced his direct holdings to 236,129 shares, and a second 100-share gift from an "ITF" indirect account reduced that balance to 18,042 shares. These are non-market transfers with no sale price. He continues to hold additional indirect common stock through an IRA, spouse, and 401(k) accounts, along with stock options covering 13,200 and 22,500 underlying shares and 2,500 restricted stock units that convert into common stock as they vest 20% per year for five years.
Parke Bancorp, Inc. declared a cash dividend of $0.18 per share, payable on April 17, 2026 to shareholders of record as of April 3, 2026. The company’s board states it anticipates paying cash dividends on a quarterly basis, but any future dividends will depend on financial condition, regulatory limits and other factors and may be reduced or eliminated.