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Sunday, November 29, 2009, 7:08AM ET - U.S. Markets Closed. Dow Down 1.48% Nasdaq Down 1.73%
Parke Bancorp Inc. (PKBK)On Nov 25: 8.205   0.00 (0.00%)  
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Parke Bancorp Inc.
601 Delsea Drive
Sewell, NJ 08080
United States - Map
Phone: 856-256-2500
Fax: 856-256-2590
Web Site: http://www.parkebank.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Northeast Banks
Full Time Employees:42

BUSINESS SUMMARY 
Parke Bancorp, Inc. operates as the holding company for Parke Bank that provides commercial banking services in New Jersey. The company offers various deposit products, including checking, savings, money market, and individual retirement accounts, as well as certificates of deposit. Its commercial loan portfolio comprises residential and commercial real estate construction loans; working capital loans and lines of credit; demand, term, and time loans; and equipment, inventory, and accounts receivable financing. The company also involves in the provision of residential mortgage loans, home equity lines of credit, fixed rate second mortgages, new and used auto loans, and overdraft protection. In addition, it offers contemporary products and services, such as debit cards, Internet banking, and online bill payment. Further, the company provides overnight depository, automated clearing house, wire transfer, and merchant capture electronic check processing services to commercial customers. Parke Bancorp operates through its offices in Northfield and Washington Township, New Jersey; and Philadelphia, Pennsylvania, as well as through a loan production office in Havertown Pennsylvania. The company was founded in 1999 and is based in Washington Township, New Jersey.
Key Statistics

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    CORPORATE GOVERNANCE 
    Parke Bancorp Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 57.8% of CGQ Universe companies and 43.6% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Vito S. Pantilione , 57
    Chief Exec. Officer, Pres, Director, Chief Exec. Officer of Parke Bank, Pres of Parke Bank of Parke Bank
    N/A N/A
    Mr. David O. Middlebrook , 50
    Sr. VP, Sec., Sr. VP of Parke Bank, Corp. Sec. of Parke Bank and Sr. Loan Officer of Parke Bank
    N/A N/A
    Mr. Paul E. Palmieri , 49
    Sr. VP of Philadelphia Region - Parke Bank
    N/A N/A
    Ms. Elizabeth A. Milavsky , 57
    Exec. VP of Parke Bank
    N/A N/A
    Mr. John F. Hawkins ,
    Sr. VP, Controller and Controller of Parke Bank
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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