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Parke Bancorp Inc 10-Q Filings

PKBK NASDAQ

Every 10-Q that Parke Bancorp Inc (PKBK) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow PKBK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PKBK filings page.

Rhea-AI Summary

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.

Rhea-AI Summary

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.

Rhea-AI Summary

Parke Bancorp (PKBK) reported stronger Q3 2025 results. Net income rose to $10.6M from $7.5M a year ago, and diluted EPS increased to $0.89 from $0.62. Net interest income reached $20.2M as higher loan yields outpaced funding costs, while the provision for credit losses was $0.36M.

Total assets were $2.17B as of September 30, 2025. Loans grew to $1.96B, and deposits increased to $1.75B, with interest‑bearing balances driving most of the rise. The allowance for credit losses was $33.9M. Nonaccrual and past‑due loans totaled $12.5M, largely in commercial real estate and residential categories.

Capital and liquidity improved. Shareholders’ equity rose to $314.8M on retained earnings, despite treasury share repurchases of 300,000 shares for $6.48M and common dividends of $0.18 per share in the quarter. Borrowings shifted lower: FHLB advances were $70.0M and subordinated debentures decreased to $13.4M from $43.3M at year‑end, reflecting repayment activity.