Parke Bancorp, Inc. (PKBK)

Parke Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	117.83	117.83	106.06	82.9	80.64	82.34
Interest Income on Investments	7.28	7.28	6.64	4.58	1.43	2.2
Total Interest Income	125.11	125.11	112.7	87.48	82.07	84.54
Interest Paid on Deposits	57.31	57.31	41.26	11.07	9.75	17.71
Interest Paid on Borrowings	9.09	9.09	7.23	3.09	3.2	4.18
Total Interest Expense	66.41	66.41	48.49	14.16	12.96	21.89
Net Interest Income	58.71	58.71	64.21	73.33	69.12	62.65
Net Interest Income Growth (YoY)	-8.57%	-8.57%	-12.43%	6.09%	10.33%	10.13%
Other Non-Interest Income	2.89	2.89	2.78	3.03	2.86	2.03
Total Non-Interest Income	4.3	4.3	6.69	8.38	8.8	4.18
Non-Interest Income Growth (YoY)	-35.73%	-35.73%	-20.16%	-4.74%	110.35%	8.96%
Revenues Before Loan Losses	63.01	63.01	70.91	81.71	77.92	66.83
Provision for Loan Losses	0.73	0.73	-2.05	1.8	0.5	7.65
Revenue	62.28	62.28	72.96	79.91	77.42	59.18
Revenue Growth (YoY)	-14.63%	-14.63%	-8.70%	3.22%	30.81%	2.00%
Salaries and Employee Benefits	12.77	12.77	11.94	10.49	9.5	10.35
Occupancy Expenses	2.6	2.6	2.6	2.52	2.38	2.03
Federal Deposit Insurance	1.31	1.31	1.29	1.05	1.1	0.81
Selling, General & Administrative	4.1	4.1	4.11	3.89	5.26	3.54
Other Non-Interest Expense	4.38	4.38	14.48	5.39	3.97	3.3
Total Non-Interest Expense	25.98	25.98	35.27	23.83	22.5	20.3
EBT Excluding Unusual Items	36.3	36.3	37.69	56.08	54.91	38.89
Pretax Income	36.3	36.3	37.69	56.08	54.91	38.89
Income Tax Expense	8.79	8.79	9.23	14.25	13.94	10.01
Earnings From Continuing Operations	27.51	27.51	28.46	41.82	40.98	28.88
Minority Interest in Earnings	-	-	-	-	-0.22	-0.45
Net Income	27.51	27.51	28.46	41.82	40.76	28.43
Preferred Dividends & Other Adjustments	0.02	0.02	0.03	0.03	0.03	0.03
Net Income to Common	27.49	27.49	28.44	41.8	40.73	28.4
Net Income Growth	-3.34%	-3.34%	-31.95%	2.61%	43.38%	-4.74%
Basic Shares Outstanding	12	12	12	12	12	12
Diluted Shares Outstanding	12	12	12	12	12	12
Shares Change (YoY)	0.02%	0.02%	-0.32%	0.45%	1.09%	-0.18%
EPS (Basic)	2.30	2.30	2.38	3.51	3.43	2.40
EPS (Diluted)	2.27	2.27	2.35	3.44	3.36	2.37
EPS Growth	-3.20%	-3.20%	-31.73%	2.15%	41.83%	-4.56%
Dividend Per Share	0.720	0.720	0.720	0.680	0.640	0.640
Dividend Growth	0%	0%	5.88%	6.25%	0%	13.56%
Effective Tax Rate	24.20%	24.20%	24.48%	25.42%	25.38%	25.74%

Source: S&P Capital IQ. Banks template. Financial Sources.