Parke Bancorp, Inc. (PKBK)

Parke Bancorp Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	112.57	106.06	82.9	80.64	82.34	75.17
Interest Income on Investments	6.51	6.64	4.58	1.43	2.2	4.37
Total Interest Income	119.08	112.7	87.48	82.07	84.54	79.54
Interest Paid on Deposits	51.74	41.26	11.07	9.75	17.71	18.69
Interest Paid on Borrowings	7.78	7.23	3.09	3.2	4.18	3.97
Total Interest Expense	59.51	48.49	14.16	12.96	21.89	22.66
Net Interest Income	59.57	64.21	73.33	69.12	62.65	56.89
Net Interest Income Growth (YoY)	-16.42%	-12.43%	6.09%	10.33%	10.13%	18.26%
Other Non-Interest Income	3.05	2.78	3.03	2.86	2.03	2.05
Total Non-Interest Income	5.58	6.69	8.38	8.8	4.18	3.84
Non-Interest Income Growth (YoY)	-22.22%	-20.16%	-4.74%	110.35%	8.96%	12.68%
Revenues Before Loan Losses	65.14	70.91	81.71	77.92	66.83	60.72
Provision for Loan Losses	0.54	-2.05	1.8	0.5	7.65	2.7
Revenue	64.61	72.96	79.91	77.42	59.18	58.02
Revenue Growth (YoY)	-18.10%	-8.70%	3.22%	30.81%	2.00%	16.73%
Salaries and Employee Benefits	11.65	11.94	10.49	9.5	10.35	9.01
Federal Deposit Insurance	1.37	1.29	1.05	1.1	0.81	0.06
Selling, General & Administrative	3.98	4.11	3.89	5.26	3.54	3.17
Other Non-Interest Expense	14.22	14.48	5.39	3.97	3.3	3.51
Total Non-Interest Expense	34.91	35.27	23.83	22.5	20.3	17.95
EBT Excluding Unusual Items	29.7	37.69	56.08	54.91	38.89	40.07
Pretax Income	29.7	37.69	56.08	54.91	38.89	40.07
Income Tax Expense	7.89	9.23	14.25	13.94	10.01	9.79
Earnings From Continuing Operations	21.81	28.46	41.82	40.98	28.88	30.29
Minority Interest	-	-	-	-0.22	-0.45	-0.45
Net Income to Common	21.79	28.44	41.8	40.73	28.4	29.82
Basic Shares Outstanding	12	12	12	12	12	12
Diluted Shares Outstanding	12	12	12	12	12	12
Shares Change (YoY)	-0.20%	-0.32%	0.45%	1.09%	-0.18%	0.07%
EPS (Basic)	1.82	2.38	3.51	3.43	2.40	2.52
EPS (Diluted)	1.79	2.35	3.44	3.36	2.37	2.48
EPS Growth	-45.81%	-31.73%	2.15%	41.83%	-4.56%	20.12%
Effective Tax Rate	26.57%	24.48%	25.42%	25.38%	25.74%	24.42%
Dividend Per Share	0.720	0.720	0.680	0.640	0.640	0.564
Dividend Growth	0%	5.88%	6.25%	0%	13.56%	17.17%

Source: S&P Capital IQ. Banks template.