Detail akcie Parke Bancorp online

Business Summary: Parke Bancorp, Inc. is a bank holding company for Parke Bank (the Bank). The Company, through its wholly owned subsidiary, provides personal and business financial services to individuals and small to mid-sized businesses. It offers a range of loan products, deposits services and other financial products through its retail branches and other channels to its customers. Its lending businesses consist of commercial real estate lending, residential real estate lending and construction lending. It also offers a range of commercial and industry loan, and consumer loan products to its customers. It funds its lending business primarily with deposits generated through retail deposits and commercial relationships. Its deposit products include checking, savings, money market deposits, time deposits and other traditional deposit services. In addition to traditional products and services, it offers contemporary products and services, such as debit cards, Internet banking, and online bill payment.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Parke Bancorp, Inc. interest income increased 29% to $112.7M. Net interest income after loan loss provision decreased 7% to $66.3M. Net income applicable to common stockholders decreased 32% to $28.4M. Net interest income after loan loss provision reflects Net Interest Margin, Total - % decrease of 11% to 3.34%, Net Interest Spread, Total - % decrease of 29% to 2.42%.