Parke Bancorp reports Q2 net income up 47.8% to $12.2M on net interest income growth

Filed July 22, 2026 · Period ending July 22, 2026 · ~1 min read

Key Changes

• high

  Q2 2026 net income rose 47.8% to $12.2M ($1.03/diluted share) from $8.3M in Q2 2025, driven by $5.1M increase in net interest income and lower credit-loss provision.

  Exhibit 99.1 view on EDGAR →
• high

  Net interest income grew 28.8% to $23.0M from $17.9M, with net interest margin stable at 4.17%. Higher loan yields and lower deposit/borrowing costs drove the gain.

  Exhibit 99.1 view on EDGAR →
• high

  Nonperforming loans fell 49.8% to $5.4M (0.27% of total loans) from $10.8M at year-end 2025. Allowance coverage of NPLs improved to 639.4% from 321.0%.

  Exhibit 99.1 view on EDGAR →