Parke Bancorp Management
Management criteria checks 4/4
Parke Bancorp's CEO is Vito Pantilione, appointed in Jan 2005, has a tenure of 19.92 years. total yearly compensation is $1.55M, comprised of 71.3% salary and 28.7% bonuses, including company stock and options. directly owns 2.48% of the company’s shares, worth $6.25M. The average tenure of the management team and the board of directors is 4.9 years and 17.7 years respectively.
Key information
Vito Pantilione
Chief executive officer
US$1.5m
Total compensation
| CEO salary percentage | 71.3% |
| CEO tenure | 19.9yrs |
| CEO ownership | 2.5% |
| Management average tenure | 4.9yrs |
| Board average tenure | 17.7yrs |
Recent management 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 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$28m |
| Jun 30 2024 | n/a | n/a | US$22m |
| Mar 31 2024 | n/a | n/a | US$23m |
| Dec 31 2023 | US$2m | US$1m | US$28m |
| Sep 30 2023 | n/a | n/a | US$31m |
| Jun 30 2023 | n/a | n/a | US$40m |
| Mar 31 2023 | n/a | n/a | US$43m |
| Dec 31 2022 | US$2m | US$1m | US$42m |
| Sep 30 2022 | n/a | n/a | US$41m |
| Jun 30 2022 | n/a | n/a | US$41m |
| Mar 31 2022 | n/a | n/a | US$41m |
| Dec 31 2021 | US$1m | US$949k | US$41m |
| Sep 30 2021 | n/a | n/a | US$39m |
| Jun 30 2021 | n/a | n/a | US$35m |
| Mar 31 2021 | n/a | n/a | US$31m |
| Dec 31 2020 | US$2m | US$955k | US$28m |
| Sep 30 2020 | n/a | n/a | US$28m |
| Jun 30 2020 | n/a | n/a | US$29m |
| Mar 31 2020 | n/a | n/a | US$30m |
| Dec 31 2019 | US$2m | US$812k | US$30m |
| Sep 30 2019 | n/a | n/a | US$29m |
| Jun 30 2019 | n/a | n/a | US$27m |
| Mar 31 2019 | n/a | n/a | US$26m |
| Dec 31 2018 | US$1m | US$739k | US$24m |
| Sep 30 2018 | n/a | n/a | US$18m |
| Jun 30 2018 | n/a | n/a | US$16m |
| Mar 31 2018 | n/a | n/a | US$13m |
| Dec 31 2017 | US$2m | US$660k | US$11m |
Compensation vs Market: Vito's total compensation ($USD1.55M) is about average for companies of similar size in the US market ($USD1.41M).
Compensation vs Earnings: Vito's compensation has been consistent with company performance over the past year.
CEO
Vito Pantilione (72 yo)
19.9yrs
Tenure
US$1,545,341
Compensation
Mr. Vito S. Pantilione has served as the Parke Bancorp, Inc.'s President and Chief Executive Officer and a Director since its formation in 2005. From the time of the Parke Bank’s formation in 1998, he has...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 19.9yrs | US$1.55m | 2.48% $ 6.3m | |
| Executive VP & COO | 4.9yrs | US$363.95k | 0.0034% $ 8.6k | |
| Senior VP & Chief Credit Officer | 20.9yrs | US$328.54k | 0.65% $ 1.6m | |
| Senior VP & CFO | less than a year | no data | 0.00025% $ 629.6 | |
| SVP & Chief Risk Officer | 1.9yrs | no data | 0.00047% $ 1.2k | |
| Corporate Secretary | no data | no data | no data | |
| Senior VP & Chief Lending Officer | no data | no data | 0.032% $ 79.6k |
4.9yrs
Average Tenure
66yo
Average Age
Experienced Management: PKBK's management team is considered experienced (4.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 17.7yrs | US$1.55m | 2.48% $ 6.3m | |
| Independent Director | 19.9yrs | US$147.50k | 0% $ 0 | |
| Independent Director | 17.7yrs | US$129.51k | 1.39% $ 3.5m | |
| Chairman Emeritus | 1.9yrs | US$311.55k | no data | |
| Independent Director | 17.7yrs | US$126.17k | 2.05% $ 5.2m | |
| Independent Director | 17.7yrs | US$99.15k | 1.62% $ 4.1m | |
| Independent Vice Chairman of the Board | 17.7yrs | US$153.00k | 1.48% $ 3.7m | |
| Independent Chairman of the Board | 19.9yrs | US$290.10k | 1.09% $ 2.7m | |
| Director | 4.9yrs | US$120.00k | 0.44% $ 1.1m |
17.7yrs
Average Tenure
72yo
Average Age
Experienced Board: PKBK's board of directors are seasoned and experienced ( 17.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:13 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Analyst Sources
Parke Bancorp, Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anthony Polini | Raymond James & Associates |