Revenue: As of FY2025, the actual value is USD 146.08 M.EPS: As of FY2025, the actual value is USD 3.16.EBIT: As of FY2025, the actual value is USD -27.05 M.<h4>Operational Metrics</h4><ul><li>Net Income: Net income available to common shareholders for 2025 was $37.8 million, an increase of $10.3 million or 37.3% compared to $27.5 million for 2024.</li><li>Net Interest Income: Net interest income increased by $17.8 million, or 30.2%, to $76.5 million in 2025 from $58.7 million in 2024.<ul><li>Interest income for 2025 increased to $142.7 million, a rise of $17.6 million, or 14.0%, from $125.1 million for 2024.</li><li>Interest and fees on loans increased by $17.4 million, or 14.7%, in 2025, primarily due to higher average outstanding loan balances and higher market interest rates.</li><li>Interest expense decreased to $66.2 million for 2025 from $66.4 million for 2024, a decrease of $0.2 million, or 0.3%.</li><li>The interest rate spread was 2.70% in 2025, up from 1.94% in 2024.</li><li>The net interest margin was 3.64% in 2025, up from 3.00% in 2024.</li></ul></li><li>Provision for Credit Losses: The provision for credit losses was $2.5 million in 2025, compared to $0.7 million in 2024, an increase of $1.8 million.<ul><li>As a percentage of interest income, it was 1.74% in 2025 and 0.58% in 2024.</li></ul></li><li>Non-Interest Income: Total non-interest income decreased by $0.9 million, or -20.8%, to $3.4 million in 2025 from $4.3 million in 2024.<ul><li>Service fees on deposit accounts decreased by -$0.2 million or -11.2% to $1.2 million in 2025.</li><li>Other Loan fees decreased by -$0.2 million or -20.4% to $0.7 million in 2025.</li><li>Bank owned life insurance income increased by $0.1 million or 13.0% to $0.7 million in 2025.</li><li>Other non-interest income decreased by -$0.7 million or -46.2% to $0.8 million in 2025.</li></ul></li><li>Non-Interest Expense: Total non-interest expense increased by $2.0 million, or 7.7%, to $28.0 million in 2025 from $26.0 million in 2024.<ul><li>Compensation and benefits increased by $0.5 million or 4.3% to $13.3 million in 2025.</li><li>Professional services increased by $0.7 million or 25.6% to $3.4 million in 2025, primarily due to a $0.6 million increase in legal fees.</li><li>Occupancy and equipment increased by $0.2 million or 6.2% to $2.8 million in 2025.</li><li>Data processing increased by $0.2 million or 13.0% to $1.5 million in 2025.</li><li>FDIC insurance and other assessments increased by $0.1 million or 10.9% to $1.4 million in 2025.</li><li>OREO expense decreased by -$0.2 million or -22.3% to $0.6 million in 2025.</li><li>Other operating expense increased by $0.4 million or 10.2% to $4.8 million in 2025.</li></ul></li><li>Income Tax: Income tax expense increased by $2.8 million to $11.6 million in 2025, from $8.8 million in 2024.<ul><li>The effective income tax rates were 23.5% in 2025 and 24.2% in 2024.</li></ul></li></ul><h4>Balance Sheet Metrics</h4><ul><li>Total Assets: Total assets were $2.25 billion at December 31, 2025, an increase of $107.2 million or 5.0% from $2.14 billion at December 31, 2024.</li><li>Loans, Net of Unearned Income: Loans receivable increased to $2.04 billion at December 31, 2025, from $1.87 billion at December 31, 2024.<ul><li>This increase was driven by Commercial Real Estate (CRE) non-owner occupied loans ($107.0 million increase) and Construction portfolio loans ($63.0 million increase), partially offset by a -$29.9 million decrease in residential 1-4 family investment portfolio.</li></ul></li><li>Non-Performing Loans: Total non-performing loans were $10.8 million at December 31, 2025, compared to $12.2 million at December 31, 2024.<ul><li>Non-accrual loans as a percentage of period end loans was 0.53% in 2025 and 0.63% in 2024.</li></ul></li><li>Other Real Estate Owned (OREO): Real estate owned was $2.9 million at December 31, 2025, compared to $1.6 million at December 31, 2024.</li><li>Allowance for Credit Losses: Allowance for credit losses increased by $2.1 million, or 6.4%, to $34.6 million at December 31, 2025, from $32.6 million at December 31, 2024.<ul><li>Allowance as a percentage of period end loans was 1.70% in 2025 and 1.74% in 2024.</li><li>Allowance as a percentage of non-performing loans was 321.03% in 2025 and 276.68% in 2024.</li></ul></li><li>Investment Securities: Total investment securities decreased to $13.5 million at December 31, 2025, from $14.8 million at December 31, 2024, a decrease of -$1.2 million or -8.4%.</li><li>Cash and Cash Equivalents: Cash and cash equivalents decreased by -$64.7 million, or -29.2%, to $156.9 million at December 31, 2025, from $221.5 million at December 31, 2024.</li><li>Total Liabilities: Total liabilities were $1.92 billion at December 31, 2025, representing an $82.8 million, or 4.5%, increase from $1.84 billion at December 31, 2024.</li><li>Deposits: Total deposits increased by $127.6 million, or 7.8%, to $1.76 billion at December 31, 2025, from $1.63 billion at December 31, 2024.<ul><li>This increase was primarily attributed to money market deposits ($130.5 million increase) and interest checking deposits ($49.4 million increase), partially offset by decreases in brokered time deposits (-$41.9 million) and time deposits (-$11.4 million).</li></ul></li><li>Brokered Deposits: Brokered deposits were $215.3 million at December 31, 2025, and $215.7 million at December 31, 2024.<ul><li>CDARS™ and ICS™ deposits within brokered deposits amounted to $56.6 million at December 31, 2025, and $13.5 million at December 31, 2024.</li></ul></li><li>Cannabis Customer Deposits and Loans: Deposit balances from cannabis customers were approximately $61.9 million at December 31, 2025, and $151.9 million at December 31, 2024.<ul><li>Parke Bancorp, Inc. had cannabis-related loans of $47.0 million at December 31, 2025, and $43.4 million at December 31, 2024.</li><li>Fee income from cannabis industry commercial deposit accounts totaled $0.9 million for 2025 and $1.0 million for 2024.</li></ul></li><li>Borrowings: Total borrowings decreased by -$44.9 million to $143.4 million at December 31, 2025, from $188.3 million at December 31, 2024, primarily due to repayment of subordinated debt and a decrease in FHLB advances.</li><li>Total Equity: Total shareholders’ equity increased by $24.4 million, or 8.1%, to $324.5 million at December 31, 2025, from $300.1 million at December 31, 2024.<ul><li>This increase was primarily due to retained earnings, partially offset by -$8.5 million in cash dividends and -$6.5 million in common stock repurchases during 2025.</li></ul></li><li>Capital Adequacy: Parke Bancorp, Inc.’s risk-based Tier 1 capital ratio was 20.5% at December 31, 2025, and the company exceeded all regulatory capital requirements, qualifying as “well capitalized”.</li><li>Unused Loan Commitments: Unused loan commitments amounted to $158.3 million at December 31, 2025, compared to $122.5 million at December 31, 2024.</li><li>Dividends and Stock Repurchases: Parke Bancorp, Inc. paid $8.4 million in common stock cash dividends and repurchased 300,000 common stock shares for $6.5 million during 2025.</li></ul><h4>Outlook / Guidance</h4>Parke Bancorp, Inc. expects net interest income and net interest margin to fluctuate with changes in interest rates and the composition of its assets and liabilities. The company will assess the impact of modernized Community Reinvestment Act (CRA) regulations, though the effect is currently unpredictable. Management intends to comply with Consent Orders promptly, anticipating continued additional BSA compliance expenses.

Parke Bancorp | 10-K: FY2025 Revenue: USD 146.08 M