Parke Bancorp Q3 net income rises 14.5% to $12.2 million
Parke Bancorp reported third-quarter 2026 net income available to common shareholders of $12.2 million, or $1.02 per diluted share, up from $10.6 million, or $0.89 per diluted share, a year earlier. Revenue was $39.6 million, up 6.1%, and net interest income rose 14.2% to $23.0 million, while the credit loss provision increased to $1.0 million from $0.4 million.
Key points
- Q3 2026 net income available to common shareholders was $12.2 million, up 14.5% from $10.6 million in Q3 2025.
- Nine-month net income available to common shareholders was $36.2 million, up 35.9% from $26.7 million.
- Net interest margin was 4.15% for the nine months ended September 30, 2026, compared with 3.49% a year earlier.
- Total assets were $2.33 billion at September 30, 2026, up 3.7% from December 31, 2025.
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 21, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.