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. (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.
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.