Call reports 2023
PARKE BANK — 2023
What PARKE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,963,842,000 | 1,982,063,000 | 1,983,269,000 | 2,023,097,000 |
| Total loans | 1,762,696,000 | 1,786,046,000 | 1,800,023,000 | 1,787,340,000 |
| Allowance for loan losses | 31,507,000 | 32,015,000 | 32,319,000 | 32,131,000 |
| Securities available for sale | 8,977,000 | 8,422,000 | 7,271,000 | 7,095,000 |
| Securities held to maturity | 9,359,000 | 9,336,000 | 9,319,000 | 9,292,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,466,913,000 | 1,450,496,000 | 1,536,117,000 | 1,556,938,000 |
| Interest-bearing deposits | 1,186,666,000 | 1,175,393,000 | 1,301,865,000 | 1,320,638,000 |
| Noninterest-bearing deposits | 280,247,000 | 275,103,000 | 234,252,000 | 236,300,000 |
| Equity capital | 315,198,000 | 320,776,000 | 320,156,000 | 326,061,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 26,024,000 | 53,291,000 | 82,406,000 | 112,704,000 |
| Interest expense | 8,135,000 | 18,786,000 | 31,442,000 | 45,442,000 |
| Net interest income | 17,889,000 | 34,505,000 | 50,964,000 | 67,262,000 |
| Noninterest income | 1,782,000 | 3,378,000 | 5,213,000 | 6,692,000 |
| Noninterest expense | 6,691,000 | 12,993,000 | 28,772,000 | 34,989,000 |
| Provision for loan losses | -2,200,000 | -1,700,000 | -1,400,000 | -1,590,000 |
| Pretax income | 15,380,000 | 26,790,000 | 29,005,000 | 41,016,000 |
| Income tax | 3,441,000 | 5,902,000 | 6,242,000 | 9,228,000 |
| Net income | 11,939,000 | 20,888,000 | 22,763,000 | 31,788,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 315,662,000 | 321,286,000 | 320,799,000 | 326,465,000 |