James B. Meadows
On November 1, 2024, James B. Meadows filled the vacated role and was formally approved by the Compensation Committee as Senior Vice President and Chief Credit Officer on January 21, 2025.
Highest-materiality recent filing
Parke Bancorp Q2 net income $12.2M, up 48% YoY; diluted EPS $1.03; NIM stable at 4.17%
Net income $12.2M for Q2 2026, up 47.8% YoY from $8.3M; diluted EPS $1.03 vs $0.69.
Parke Bancorp Q1 net income $11.8M, up 52% YoY; EPS $0.99
Net income $11.8M ($0.99 diluted EPS) vs $7.8M ($0.65) Q1 2025, a 52.3% increase.
Parke Bancorp Q4 net income $11.1M, up 49.9%; FY EPS $3.16, up 37.3%
Q4 net income $11.1M ($0.93 diluted), up 49.9% from $7.4M ($0.61 diluted) YoY.
Parke Bancorp Q3 net income up 41.6% to $10.6M; EPS $0.89
Net income available to common shareholders $10.6M ($0.89 diluted EPS) vs $7.5M in Q3 2024, up 41.6%.
Parke Bancorp Q2 2025 net income $8.3M, up 28% YoY; EPS $0.70, net interest income +24.9%
Net income available to common $8.3M ($0.70 basic) vs $6.5M ($0.54) in Q2 2024, up 28.3%.
Parke Bancorp Q1 net income $7.8M, EPS $0.66, up 26.5% YoY
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.
Parke Bancorp Q3 net income $7.5M, up 16% QoQ; NPLs rise to $12.2M
Net income $7.5M ($0.63 EPS) in Q3 2024, up 16% QoQ; YoY comp inflated by $9.5M 2023 loss contingency.
Parke Bancorp authorizes repurchase of up to 5% of common stock over 12 months
Board approved repurchase of up to 5% of common stock over twelve months, effective August 2, 2024.
Parke Bancorp Q2 2024 net income $6.5M, down 20.6% YoY; EPS $0.54 vs $0.68
Net income available to common shareholders $6.5M ($0.54 basic EPS), down $1.7M or 20.6% from Q2 2023.
Parke Bancorp Q1 net income falls 44.8% to $6.1M on lower NII and credit provision
Net income $6.1M ($0.51 diluted) vs $11.1M ($0.92) in Q1 2023, a 44.8% decline.
Parke Bancorp Q4 net income down 22%; full-year earnings hit by $9.5M contingent loss
Q4 net income $8.2M ($0.68 basic EPS) vs $10.4M ($0.88) in Q4 2022; net interest income fell 18% to $15.5M.
Parke Bancorp Q3 net income sinks 90% to $1.0M on $9.5M armored car theft loss
Net income available to common shareholders fell 90.3% to $1.0M ($0.08 diluted EPS) vs $10.5M ($0.87) a year ago.
Parke Bancorp Q2 net income falls 24% YoY to $8.1M; EPS $0.68 vs $0.90
Net income $8.1M ($0.68 basic EPS), down 24.3% from $10.7M ($0.90 EPS) in Q2 2022.
Parke Bancorp Q1 net income up 10% to $11.1M; deposits down 7%, borrowings up 65%
Net income available to common shareholders $11.1M ($0.93 basic EPS) vs $10.1M in Q1 2022, up 10.3%.
Parke Bancorp reports record 2022 earnings; $9.5M stolen cash under investigation
Q4 2022 net income $10.4M ($0.86 diluted EPS), up 3.8% YoY; full-year net income $41.8M ($3.44 diluted EPS).
Parke Bancorp Q3 net income $10.5M ($0.88/share), flat YoY; NPLs spike to $16.9M from $4.3M
Net income $10.53M, $0.88 per basic share; revenue $24.4M, both essentially flat YoY.
Parke Bancorp Q2 net income $10.7M ($0.88 diluted), down 0.2% YoY; deposits fall 9.2%
Net income available to common shareholders $10.7M ($0.88 diluted) vs $10.8M ($0.89) in Q2 2021, down 0.2%.
On November 1, 2024, James B. Meadows filled the vacated role and was formally approved by the Compensation Committee as Senior Vice President and Chief Credit Officer on January 21, 2025.
On October 31, 2024, Paul E. Palmieri, Senior Vice President and Chief Credit Officer of the Company, retired from the Company.
On November 29, 2023, the Board of Directors of Parke Bancorp, Inc. (the “Company”) appointed Jonathan D. Hill, age 44, as Senior Vice President and Chief Financial Officer of the Company.
On October 26, 2023, John S. Kaufman, Senior Vice President and Chief Financial Officer of the Company, resigned his position with the Company, to take effect four weeks from such date, in order to pursue other employment opportunities.
Effective January 17, 2023, Celestino R. Pennoni, Chairman of the Board, retired from the Board of Directors
and Director Arret F. Dobson as Vice Chairman of the Board
the Board elected Director Daniel J. Dalton as Chairman of the Board
Max materiality 0.80 · Median 0.50 · Most common event dividend