---
schema_version: "secwatch.filing_event.v1"
accession: "0001315399-25-000039"
form_type: "8-K"
ticker: "PKBK"
cik: "0001315399"
company_name: "PARKE BANCORP, INC."
filed_at: "2025-04-17T23:59:59+00:00"
generated_at: "2026-05-23T11:36:41.536628+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001315399-25-000039
- form_type: 8-K
- ticker: PKBK
- cik: 0001315399
- company_name: PARKE BANCORP, INC.
- filed_at: 2025-04-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1315399/000131539925000039/0001315399-25-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1315399/000131539925000039/pkbk-20250417.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001315399-25-000039
- JSON: https://secwatch.observer/filing/0001315399-25-000039.json
- Plain text: https://secwatch.observer/filing/0001315399-25-000039.txt

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