Parke Bancorp Q2 net income jumps 47.8% to $12.2M on higher net interest income

Filed August 5, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 6, 2025 · ~1 min read

Key Changes

• high

  Net income rose 47.8% to $12.2M, with diluted EPS up 49.3% to $1.03, driven by a 28.8% increase in net interest income to $23.0M.

  MD&A: Results of Operations verify on EDGAR →
• high

  Cannabis-related deposits fell from $221.0M (13.1% of total) to $61.1M (3.5%), and top-two customer concentration dropped from 70.5% to 27.1%, reducing regulatory and reputational risk.

  Notes: Deposits verify on EDGAR →
• high

  Nonperforming loans fell 52% to $5.4M, and residential loans in foreclosure dropped from 27 to 13, signaling improved asset quality.

  Notes: Credit Quality verify on EDGAR →