Parke Bancorp, Inc.

Parke Bancorp reported strong financial performance for FY 2025, with net income available to common shareholders increasing 37.3% to $37.8 million from $27.5 million in FY 2024. This growth was primarily driven by a 30.2% increase in net interest income to $76.5 million, resulting from higher interest and fees on loans ($135.2M, up 14.7%) and a slight decrease in interest expense ($66.2M, down 0.3%). Total assets grew 5.0% to $2.25 billion, with loans increasing 8.9% to $2.04 billion and deposits rising 7.8% to $1.76 billion. The company maintained strong capital ratios, with a Tier 1 risk-based capital ratio of 20.51% and a Community Bank Leverage Ratio of 15.61%, both exceeding regulatory requirements. The bank continued to face regulatory oversight from 2020 consent orders related to BSA/AML compliance but remained well-capitalized.

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