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Parke Bancorp PKBK Provision for Credit Losses

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Segments

By segment

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Single Reportable$676K-31.3%

Other financials

Income statement

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Revenue$17.4M+15.3%
Net income$12.2M+47.8%
EPS (diluted)$0.65+27.5%

Balance sheet

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Cash & equivalents$9.0M+23.5%
Total debt$2.4M+7.9%
Total equity$346.1M+10.9%
Total assets$2.3B+6.1%

Cash flow

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Operating cash flow$6.1M-10.4%
CapEx$188.0K+208%
Free cash flow$5.9M-12.4%

Valuation

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Market cap$402.95M+60.6%
P/E8.8×+0.7×

Profitability

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Net margin44.6%+9.6pp
FCF margin51%

Returns & leverage

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Return on equity13.9%+3.7pp
Debt / equity0.0×

Where this comes from

Reported directly by Parke Bancorp in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.

The source filing: Parke Bancorp’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 1:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001437749-26-025857
Line itemFor the Three Months Ended / June 30, 2026For the Three Months Ended / June 30, 2025For the Six Months Ended / June 30, 2026For the Six Months Ended / June 30, 2025
Interest on borrowings1,7052,0093,0854,080
Total interest expense15,44117,15330,24934,392
Net interest income23,00917,87145,14134,478
Provision for credit losses6769848781,574
Net interest income after provision for credit losses22,33316,88744,26332,904
Non-interest income
Service fees on deposit accounts278312566620
Other loan fees168145329322

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FAQ

What is Parke Bancorp's provision for credit losses?
Parke Bancorp (PKBK) reported provision for credit losses of $676K in Q2 2026.
How has Parke Bancorp's provision for credit losses changed year-over-year?
Parke Bancorp's provision for credit losses decreased by 31.3% year-over-year, from $984K to $676K.
What is the long-term trend for Parke Bancorp's provision for credit losses?
Over 4 years (2021 to 2025), Parke Bancorp's provision for credit losses has grown at a 49.3% compound annual growth rate (CAGR), from $500K to $2.48M.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.

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