Parke Bancorp Q1 net income $7.8M, EPS $0.66, up 26.5% YoY

PARKE BANCORP, INC.

2025-Q1 EPS reported $0.65

Net income $7.8M ($0.66 basic EPS) vs $6.1M ($0.51) in Q1 2024; net interest income rose 18.2% to $16.6M.
Total loans grew 0.8% to $1.88B; deposits up 2.2% to $1.67B; borrowings reduced $40M.
Nonperforming loans fell to $11.1M (0.59% of loans); allowance to NPL ratio improved to 297.5%.
Efficiency ratio improved to 37.1% from 43.2% a year ago; total assets flat at $2.14B.

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