Parke Bancorp, INC 8-K filings

Parke Bancorp, Inc. has established a severance agreement with its CFO, Jonathan D. Hill, providing benefits upon involuntary termination or resignation following a change in control.

Parke Bancorp, Inc. has declared a cash dividend of $0.18 per share, payable on April 19, 2024, to shareholders of record as of April 5, 2024.

Parke Bancorp's net income decreased in both the fourth quarter and full year of 2023, primarily due to lower net interest income and increased expenses, despite growth in total assets and loans.