---
schema_version: "secwatch.filing_event.v1"
accession: "0001315399-22-000122"
form_type: "8-K"
ticker: "PKBK"
cik: "0001315399"
company_name: "PARKE BANCORP, INC."
filed_at: "2022-10-19T23:59:59+00:00"
generated_at: "2026-06-23T02:35:59.928672+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Parke Bancorp Q3 net income $10.5M ($0.88/share), flat YoY; NPLs spike to $16.9M from $4.3M

## Summary
- Net income $10.53M, $0.88 per basic share; revenue $24.4M, both essentially flat YoY.
- Loans grew 13.1% to $1.68B; deposits fell 13.2% to $1.54B vs Dec 2021.
- Nonperforming loans surged to $16.9M (1.01% of loans) from $4.3M, driven by two CRE loans.
- Provision for loan losses $600K vs $0 in Q3 2021; non-interest expense up 15.9% to $6.3M.
- Total assets down 10% to $1.92B; equity up 10.7% to $257.3M on retained earnings.

## SEC filing metadata
- accession: 0001315399-22-000122
- form_type: 8-K
- ticker: PKBK
- cik: 0001315399
- company_name: PARKE BANCORP, INC.
- filed_at: 2022-10-19T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1315399/000131539922000122/0001315399-22-000122-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1315399/000131539922000122/pkbk-20221019.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001315399-22-000122
- JSON: https://secwatch.observer/filing/0001315399-22-000122.json
- Plain text: https://secwatch.observer/filing/0001315399-22-000122.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.