secwatch.observer — SEC 8-K summary
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Issuer:     PARKE BANCORP, INC. (PKBK)
CIK:        0001315399
Form:       8-K
Filed at:   2026-07-22T12:33:46+00:00
Accession:  0001437749-26-024045
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Parke Bancorp Q2 net income $12.2M, up 48% YoY; diluted EPS $1.03; NIM stable at 4.17%
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- Net income $12.2M for Q2 2026, up 47.8% YoY from $8.3M; diluted EPS $1.03 vs $0.69.
- Net interest income $23.0M, up 28.8% YoY; NIM 4.17% flat vs Q1 2026 but up from 3.32% in H1 2025.
- Nonperforming loans fell to $5.4M (0.27% of loans) from $10.8M at Dec 2025, a 49.8% decrease.
- Provision for credit losses $0.7M vs $1.0M in Q2 2025; allowance for credit losses stable at $34.6M (1.70% of loans).
- CEO cites strong performance despite economic headwinds; ROAA improved to 2.18% from 1.52%, efficiency ratio 30.16%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1315399/000143774926024045/0001437749-26-024045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1315399/000143774926024045/pkbk20260601_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-024045

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