Parke Bank

Parke Bank


Overview / Commentary
856-256-2500
601 Delsea Drive
Sewell, NJ 08080

Parke Bank is headquartered in SEWELL and is the 17th largest bank in the state of New Jersey. It is also the 563rd largest bank in the nation. It was established in 1999 and as of December of 2024, it had grown to 104 employees at 8 locations. Parke Bank has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #34888
Year Established1999
Employees104
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.5%
Return on Equity - YTD9.23%
Annual Interest Income$125.1MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$2.14B$2.02B
LoansQ4 2024vs Q4 2023$1.84B$1.76B
DepositsQ4 2024vs Q4 2023$1.64B$1.56B
Equity CapitalQ4 2024vs Q4 2023$341.9MM$326.1MM
Loan Loss AllowanceQ4 2024vs Q4 2023$32.6MM$32.1MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$12.2MM$7.2MM
Real Estate OwnedQ4 2024vs Q4 2023$1.6MM$1.6MM
Rates

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Locations


Parke Bank Locations
Spruce Street Branch1610 Spruce StreetPhiladelphia, PA 19103
Northfield Office Branch501 Tilton RoadNorthfield, NJ 08225
Washington Township Branch567 Egg Harbor Road At Hurffville Cross Keys RoadSewell, NJ 08080
Parke Bank601 Delsea DrSewell, NJ 08080
Galloway Branch67 E Jimmie Leeds RdGalloway, NJ 08205
Collingswood Branch1150 Haddon AvenueCollingswood, NJ 08108
Arch Street Branch1032 Arch StreetPhiladelphia, PA 19107

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