secwatch.observer — SEC 8-K summary
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Issuer:     PARKE BANCORP, INC. (PKBK)
CIK:        0001315399
Form:       8-K
Filed at:   2026-04-17T23:59:59+00:00
Accession:  0001437749-26-012624
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Parke Bancorp Q1 net income $11.8M, up 52% YoY; EPS $0.99
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- Net income $11.8M ($0.99 diluted EPS) vs $7.8M ($0.65) Q1 2025, a 52.3% increase.
- Net interest income $22.1M, up 33.3% YoY; NIM improved 29.9% to 4.17%.
- Nonperforming loans fell to $9.2M (0.45% of loans) from $10.8M; ACL/NPL ratio 380.4%.
- ROAA 2.19%, ROAE 14.47%, efficiency ratio 31.39%.
- Total assets $2.21B; deposits down 3.4% to $1.70B; borrowings up $10M to $153.4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1315399/000143774926012624/0001437749-26-012624-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1315399/000143774926012624/pkbk20260316_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-012624

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