secwatch.observer — SEC 8-K summary
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Issuer:     PARKE BANCORP, INC. (PKBK)
CIK:        0001315399
Form:       8-K
Filed at:   2025-10-22T23:59:59+00:00
Accession:  0001437749-25-031527
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Parke Bancorp Q3 net income up 41.6% to $10.6M; EPS $0.89
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- Net income available to common shareholders $10.6M ($0.89 diluted EPS) vs $7.5M in Q3 2024, up 41.6%.
- Net interest income rose 37% to $20.2M; total assets $2.17B, loans $1.96B (+4.9% from Dec 2024).
- Deposits grew 7.5% to $1.75B; repaid $30M subordinated debt and $75M FHLB borrowings in 2025.
- CEO notes interest rate reduction and government shutdown; efficiency ratio improved to 35.68% from 41.37%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1315399/000143774925031527/0001437749-25-031527-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1315399/000143774925031527/pkbk20250821_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-031527

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