Parke Bancorp Balance Sheet Health
Financial Health criteria checks 6/6
Parke Bancorp has total assets of $2.1B and total equity of $296.5M. Total deposits are $1.6B, and total loans are $1.8B. It earns a Net Interest Margin of 3.3%. It has sufficient allowance for bad loans, which are currently at 0.7% of total loans. Cash and short-term investments are $172.4M.
Key information
7x
Asset to equity ratio
3.3%
Net interest margin
| Total deposits | US$1.56b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.7% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$172.45m |
Recent financial health updates
No updates
Recent updates
Parke Bancorp (NASDAQ:PKBK) Is Due To Pay A Dividend Of $0.18
Jun 23
Parke Bancorp (NASDAQ:PKBK) Is Paying Out A Dividend Of $0.18
Mar 24Hold Parke Bancorp: This Small Bank Is Expected To Market Perform
Jan 24Parke Bancorp GAAP EPS of $0.87, revenue of $24.4M
Oct 19Parke Bancorp raises dividend 12.5% to $0.18
Aug 30Parke Bancorp: Offering A 3% Dividend Yield With A 20% Payout Ratio
Jun 28Parke Bancorp (NASDAQ:PKBK) Is Due To Pay A Dividend Of US$0.16
Jun 28Parke Bancorp: Under The Radar Gem
Dec 07Parke Bancorp (NASDAQ:PKBK) Has Announced A Dividend Of US$0.16
Sep 28Parke Bancorp: One Of The Most Efficient Banks You Will Find
Sep 04Parke Bancorp (NASDAQ:PKBK) Is Due To Pay A Dividend Of US$0.16
Jun 28Parke Bancorp, Not Deterred By Pandemic
Apr 27We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Parke Bancorp, Inc.'s (NASDAQ:PKBK) CEO For Now
Apr 27How Much Are Parke Bancorp, Inc. (NASDAQ:PKBK) Insiders Taking Off The Table?
Mar 17Why Parke Bancorp, Inc. (NASDAQ:PKBK) Is A Top Dividend Stock
Feb 19
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: PKBK's Assets to Equity ratio (7x) is low.
Allowance for Bad Loans: PKBK has a sufficient allowance for bad loans (259%).
Low Risk Liabilities: 88% of PKBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: PKBK has an appropriate level of Loans to Assets ratio (88%).
Low Risk Deposits: PKBK's Loans to Deposits ratio (116%) is appropriate.
Level of Bad Loans: PKBK has an appropriate level of bad loans (0.7%).