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Parke Bancorp PKBK Interest Expense
Discontinued — last reported Q1 '25
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Where this comes from
Reported directly by Parke Bancorp in its filing.
Tagged under the XBRL concept us-gaap:InterestExpenseOperating.
The source filing: Parke Bancorp’s 10-Q, filed May 7, 2025.
- Filed
- May 7, 2025
- Fiscal quarter
- Q1 FY2025
- Calendar quarter
- Q1 2025
- Accession
- 0001315399-25-000046
| Line item | For the Three Months Ended March 31, 2025 | For the Three Months Ended March 31, 2024 |
|---|---|---|
| Interest expense: | ||
| Interest on deposits | 15,169 | 13,457 |
| Interest on borrowings | 2,070 | 1,966 |
| Total interest expense | 17,239 | 15,423 |
| Net interest income | 16,607 | 14,054 |
| Provision for credit losses | 590 | 204 |
| Net interest income after provision for credit losses | 16,017 | 13,850 |
| Non-interest income |
Item 1. Financial Statements
FAQ
- What is Parke Bancorp's interest expense?
- Parke Bancorp (PKBK) reported interest expense of $17.24M in Q1 2025.
- How has Parke Bancorp's interest expense changed year-over-year?
- Parke Bancorp's interest expense increased by 11.8% year-over-year, from $15.42M to $17.24M.
- What is the long-term trend for Parke Bancorp's interest expense?
- Over 3 years (2021 to 2024), Parke Bancorp's interest expense has grown at a 72.4% compound annual growth rate (CAGR), from $12.96M to $66.41M.
- What does interest expense mean?
- Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.
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