PARKE BANCORP, INC.
Close on Oct 19, 2026
- Market cap
- $385.69M
- P/E (TTM)
- 8.4
- Dividend yield
- 2.23%
About Parke Bancorp
State Commercial Banks, SIC 6022
Parke Bancorp, Inc. operates as a bank holding company primarily through its wholly owned commercial bank subsidiary, Parke Bank. The institution delivers personal and commercial financial services, catering to individual consumers, small to medium-sized enterprises, builders, residential developers, and state-licensed cannabis businesses. Its core lending operations encompass commercial real estate, residential mortgages, construction financing, commercial and industrial credit, and consumer loans. Lending is predominantly funded by customer deposits, including checking, savings, money market, and time deposit accounts, supplemented by debit cards and digital banking capabilities.
The company conducts business through branch offices across Atlantic, Camden, and Gloucester counties in New Jersey, as well as the Philadelphia metropolitan area in Pennsylvania. Beyond its primary markets in Southern New Jersey, southeastern Pennsylvania, and New York City, it maintains lending activities in South Carolina. The holding company maintains its corporate headquarters in Washington Township, New Jersey.
Summary of the business section of Parke Bancorp's latest annual report, written by StockData.
Company profile
Company
- Legal name
- PARKE BANCORP, INC.
- Founded
- 2005
- Headquarters
- Washington Township, NJ
- Address
- 601 Delsea Drive 08080
- Phone
- (856) 256-2500
- Website
- parkebank.com
- Employees
- 111, Dec 31, 2025
- Industry
- State Commercial Banks
- Incorporated in
- New Jersey
- Fiscal year ends
- December 31
- Auditor
- S.R. Snodgrass, P.C., Cranberry Township, Pennsylvania
Stock & identifiers
- Ticker
- PKBK
- Exchange
- Nasdaq
- IPO date
- Jun 23, 2003
- Shares outstanding
- 12M, Aug 3, 2026
- Public float
- $213.10M, Jun 30, 2025
- Filer category
- Accelerated filer<br>Smaller reporting company
- Stock splits
- 11-for-10, Feb 14, 2020; 11-for-10, May 3, 2017; 11-for-10, May 3, 2013; 11-for-10, May 4, 2012; 11-for-10, May 7, 2010; 11-for-10, Apr 10, 2007; 12-for-10, Apr 7, 2006; 120-for-100, Dec 10, 2004; 11-for-10, Nov 28, 2003
- SEC CIK
- 1315399
- CUSIP
- 700885106
- ISIN
- US7008851062
- LEI
- 5493000JF1TWXVD0CR78
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Vito S. Pantilione | President & CEO, Director | 318,594 |
| Jonathan D. Hill | Chief Financial Officer | 909 |
| Nicholas J. Pantilione | Chief Lending Officer | 5,822 |
| Ralph Martin Gallo | Chief Operating Officer | 817 |
| Elizabeth A. Milavsky | Director | 51,190 |
| Arret F. Dobson | Director | 176,118 |
| Edward Infantolino | Director | 197,657 |
| Fred G. Choate | Director | 3,998 |
| Daniel J. Dalton | Director | 139,415 |
| Jack C. Sheppard Jr | Director | 23,022 |
| Jeffrey H. Kripitz | Director | 218,716 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Vito S. Pantilione | $1.82M | $1.77M | $494.25K | $126 | – |
| FY2024 Vito S. Pantilione | $1.71M | $1.71M | $389.32K | $106 | – |
| FY2023 Vito S. Pantilione | $1.58M | $1.60M | $346.25K | $100 | – |
| FY2022 Mr. Pantilione | $1.96M | $1.99M | $456.23K | $103 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“At December 31, 2025, the Bank had 103 full-time and 8 part-time employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| May 26, 2022 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Apr 22, 2021 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jan 31, 2005 | Merger | Registration of securities for a merger or exchange offer (S-4) |