secwatch.observer — SEC 8-K summary
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Issuer:     PARKE BANCORP, INC. (PKBK)
CIK:        0001315399
Form:       8-K
Filed at:   2025-07-16T23:59:59+00:00
Accession:  0001437749-25-022769
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Parke Bancorp Q2 2025 net income $8.3M, up 28% YoY; EPS $0.70, net interest income +24.9%
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- Net income available to common $8.3M ($0.70 basic) vs $6.5M ($0.54) in Q2 2024, up 28.3%.
- Net interest income $17.9M, up 24.9% YoY; provision for credit losses doubled to $1.0M.
- Gross loans grew 3.6% to $1.93B from Dec 2024; deposits up 3.8% to $1.69B.
- Nonperforming loans fell 4.9% to $11.2M (0.58% of loans); past due 30–89 days $16.9M (one $11.7M substandard loan).
- Efficiency ratio improved to 36.60% from 41.69% a year ago; total equity $312.2M (+4.0% YTD).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1315399/000143774925022769/0001437749-25-022769-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1315399/000143774925022769/pkbk20250610_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-022769

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer