{"schema_version":"secwatch.filing_event.v1","accession":"0001315399-25-000003","form_type":"8-K","ticker":"PKBK","cik":"0001315399","company_name":"PARKE BANCORP, INC.","filed_at":"2025-01-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.268710+00:00","generated_at":"2026-05-27T10:34:45.794485+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Parke Bancorp Q4 net income $7.4M ($0.62/share), down 9.5% YoY; FY net income $27.5M down 3.3%","bullets":["Q4 net income $7.4M ($0.62 basic EPS), down 9.5% from Q4 2023; FY net income $27.5M ($2.30 basic EPS), down 3.3% from FY 2023.","Net interest income FY 2024 $58.7M, down 8.6% YoY; non-interest income down 35.7% to $4.3M, partly due to lower cannabis-related deposit fees.","Nonperforming loans rose to $11.8M (0.63% of loans) at Dec 31, 2024 from $7.3M a year earlier; ACL ratio to NPLs fell to 276.5% from 442.5%.","Total assets $2.14B (+5.9% YoY); deposits $1.63B (+5.0%); cannabis-related deposits nearly doubled to $151.9M.","CEO cites higher interest expense from delayed rate cuts; tight cost control with efficiency ratio near 41%."],"urls":{"canonical":"https://secwatch.observer/filing/0001315399-25-000003","json":"https://secwatch.observer/filing/0001315399-25-000003.json","markdown":"https://secwatch.observer/filing/0001315399-25-000003.md","text":"https://secwatch.observer/filing/0001315399-25-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1315399/000131539925000003/0001315399-25-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1315399/000131539925000003/pkbk-20250124.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T10:34:45.794485+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}