{"schema_version":"secwatch.filing_event.v1","accession":"0001315399-23-000059","form_type":"8-K","ticker":"PKBK","cik":"0001315399","company_name":"PARKE BANCORP, INC.","filed_at":"2023-07-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.542823+00:00","generated_at":"2026-06-13T02:14:55.466985+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Parke Bancorp Q2 net income falls 24% YoY to $8.1M; EPS $0.68 vs $0.90","bullets":["Net income $8.1M ($0.68 basic EPS), down 24.3% from $10.7M ($0.90 EPS) in Q2 2022.","Net interest income $15.9M, down 11.7% YoY; provision for credit losses $500K vs $350K.","Non-interest income down 36.5% to $1.6M; non-interest expense up 11.5% to $6.4M.","Total deposits fell 8.2% to $1.45B since year-end; NPLs rose to $19.5M (1.09% of loans).","CEO cites inflation, deposit competition, and cautious lending; tangible book value $23.33."],"urls":{"canonical":"https://secwatch.observer/filing/0001315399-23-000059","json":"https://secwatch.observer/filing/0001315399-23-000059.json","markdown":"https://secwatch.observer/filing/0001315399-23-000059.md","text":"https://secwatch.observer/filing/0001315399-23-000059.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1315399/000131539923000059/0001315399-23-000059-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1315399/000131539923000059/pkbk-20230726.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T02:14:55.466985+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3cca6fca8052a26d8a0ef9be3ad4f4e7ebcfa2e0","claim":"PARKE BANCORP, INC. reported three and six months ended June 30, 2023 results: revenue $28.9 million, net income $8.1 million, EPS $0.68 per basic common share and $0.67 per diluted common share.","evidence_excerpt":"and CEO John S. Kaufman, Senior Vice President and CFO (856) 256-2500 PARKE BANCORP, INC. ANNOUNCES SECOND QUARTER 2023 EARNINGS Highlights: Net Income: $8.1 million Revenue: $28.9 million for Q2 2023 Total Assets: $1.98 billion, decreased 0.1% over December 31, 2022 Total Loans: $1.79 billion, increased 2.0% over December 31, 2022 Total Deposits: $1.45 billion,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1315399/000131539923000059/0001315399-23-000059-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three and six months ended June 30, 2023"},{"label":"Revenue","value":"$28.9 million"},{"label":"Net income","value":"$8.1 million"},{"label":"EPS","value":"$0.68 per basic common share and $0.67 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}