Parke Bancorp, Inc. filed its quarterly report on Form 10-Q with the SEC on November 4, 2026, covering the three and nine months ended September 30, 2026, disclosing increased net income and growth in total assets compared to the prior year period.

Key Highlights

  • Q3 net income: Net income attributable to the company was $12,169 thousand for the three months ended September 30, 2026, compared to $10,630 thousand for the same period in 2025.
  • Nine-month net income: Net income attributable to the company for the nine months ended September 30, 2026 was $36,253 thousand, compared to $26,691 thousand for the same period in 2025.
  • Diluted EPS: Diluted earnings per common share were $1.02 for Q3 2026 and $3.04 for the nine months ended September 30, 2026.
  • Total assets: Total assets were $2,332,598 thousand as of September 30, 2026, up from $2,249,436 thousand at December 31, 2025.
  • Net loans: Net loans totaled $2,060,644 thousand at September 30, 2026, compared to $2,000,578 thousand at December 31, 2025.
  • Shares outstanding: As of November 2, 2026, there were 11,778,311 shares of common stock outstanding.
  • Common stock dividend: A dividend of $0.20 per common share was declared during Q3 2026, according to the equity statement.

Parke Bancorp Reports Higher Net Interest Income and Asset Growth for Q3 2026

According to the filing, Parke Bancorp (NASDAQ:PKBK) reported net interest income of $23,027 thousand for the three months ended September 30, 2026, compared to $20,164 thousand in the same quarter of 2025. For the nine-month period, net interest income was $68,168 thousand versus $54,642 thousand a year earlier. The company reported total interest income of $38,669 thousand in Q3 2026, with interest and fees on loans accounting for $37,036 thousand of that total.

Total non-interest expense was $6,774 thousand for the three months ended September 30, 2026, down from $7,164 thousand in Q3 2025. The company disclosed that professional services expense was $(86) thousand for the quarter, compared to $890 thousand in the prior year period. OREO expense was $419 thousand in Q3 2026 versus $92 thousand a year prior. Total non-interest income was $971 thousand for the quarter, up from $850 thousand in Q3 2025.

On the balance sheet, total deposits were $1,776,795 thousand as of September 30, 2026, compared to $1,758,669 thousand at December 31, 2025. FHLBNY borrowings increased to $165,000 thousand from $130,000 thousand over the same period. Total shareholders' equity rose to $356,137 thousand from $324,518 thousand at year-end 2025. The allowance for credit losses on loans was $35,438 thousand at September 30, 2026, against $34,649 thousand at December 31, 2025. Other real estate owned stood at $7,242 thousand, up from $2,862 thousand at December 31, 2025.

What Was Disclosed

Parke Bancorp's Form 10-Q for the quarter ended September 30, 2026 disclosed consolidated financial statements showing higher net income, net interest income, total assets, and net loans relative to the prior year, along with balance sheet and equity detail as of the reporting date.