Name | Value |
---|---|
Revenues | 31.2M |
Cost of Revenue | 0.0M |
Gross Profit | 31.2M |
Operating Expense | 2.3M |
Operating I/L | 9.4M |
Other Income/Expense | 0.0M |
Interest Income | 30.2M |
Pretax | 8.8M |
Income Tax Expense | 2.3M |
Net Income/Loss | 6.5M |
Parke Bancorp, Inc. operates as a bank holding company for Parke Bank, offering personal and business financial services. The company provides various deposit products, including checking, savings, time, money market, and individual retirement accounts, as well as certificates of deposit. Its loan portfolio includes commercial and industrial, construction, commercial and residential real estate mortgage, and consumer loans. Additionally, the company offers debit cards, internet banking, and online bill payment services. With 7 branch offices in New Jersey and Pennsylvania, Parke Bancorp, Inc. focuses on generating revenue through interest income from loans and fees from financial services.