Parke Bancorp: Q3 Earnings Snapshot

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WASHINGTON TOWNSHIP, N.J. (AP) — WASHINGTON TOWNSHIP, N.J. (AP) — Parke Bancorp Inc. (PKBK) on Wednesday reported net income of $1 million in its third quarter.

The Washington Township, New Jersey-based bank said it had earnings of 8 cents per share. Earnings, adjusted for one-time gains and costs, were 68 cents per share.

The holding company for Parke Bank posted revenue of $30.9 million in the period. Its revenue net of interest expense was $17.5 million, topping Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PKBK at https://www.zacks.com/ap/PKBK

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