Group 1 - Crude Value Insights provides an investment service and community focused on the oil and natural gas sectors, emphasizing cash flow and companies that generate it [1] - The service offers subscribers access to a model account with over 50 stocks, detailed cash flow analyses of exploration and production (E&P) firms, and live chat discussions about the sector [1] Group 2 - A two-week free trial is available for new subscribers, promoting engagement with the oil and gas market [2]

Core Insights - Crude Value Insights provides an investment service and community focused on the oil and natural gas sector, emphasizing cash flow and the companies that generate it, which leads to value and growth prospects with real potential [1] - Subscribers benefit from a model account featuring over 50 stocks, in-depth cash flow analyses of exploration and production (E&P) firms, and live chat discussions about the sector [1] Subscription Offer - A two-week free trial is available for new subscribers, allowing them to explore the oil and gas investment opportunities [2]

Financial Performance - Net income for the three months ended September 30, 2025, increased by $3.1 million, or 41.6%, to $10.6 million compared to $7.5 million for the same period in 2024[96]. - For the nine months ended September 30, 2025, net income available to common shareholders increased by $6.6 million, or 32.7%, to $26.7 million compared to $20.1 million for the same period in 2024[102]. - Net interest income for the third quarter of 2025 was $20.2 million, an increase of $5.4 million, or 37.0%, from $14.7 million in the third quarter of 2024[97]. - Net interest income for the nine months ended September 30, 2025, was $105.4 million, compared to $91.8 million for the same period in 2024, reflecting a significant increase[112]. - The net interest margin improved to 3.49% for the nine months ended September 30, 2025, compared to 2.99% for the same period in 2024[112]. Assets and Liabilities - As of September 30, 2025, the company reported total assets of $2.17 billion and total equity of $314.8 million[94]. - Total assets increased by $29.9 million, or 1.40%, to $2.17 billion as of September 30, 2025, primarily due to a $90.7 million increase in net loans[115]. - Total liabilities rose by $15.1 million, or 0.8%, to $1.86 billion, mainly due to a $121.5 million increase in total deposits[116]. - Total equity increased by $14.8 million, or 4.9%, to $314.8 million, attributed to retained earnings despite cash dividends and stock repurchases[117]. Loans and Deposits - Net loans increased by $90.7 million, or 4.9%, driven by growth in construction and commercial non-owner occupied loan portfolios[115]. - Total deposits increased by $121.5 million, or 7.5%, to $1.75 billion, with significant growth in money market balances[116]. - Loans receivable increased to $1.96 billion at September 30, 2025, from $1.87 billion at December 31, 2024, an increase of $92.0 million, or 4.9%[126]. - Money market deposits increased by $273.3 million, primarily due to a $218.3 million increase in the premier money market account balance[127]. Expenses and Provisions - The provision for credit losses for the three months ended September 30, 2025, was $0.4 million, compared to a recovery of $0.1 million for the same period in 2024, marking an increase of $0.5 million[98]. - The provision for credit losses for the nine months ended September 30, 2025, was $1.9 million, an increase of $1.4 million compared to $0.5 million for the same period in 2024[104]. - Non-interest expense increased by $0.8 million, or 12.6%, to $7.2 million for the three months ended September 30, 2025, compared to the same period in 2024[100]. - Non-interest expense for the nine months ended September 30, 2025, increased by $1.2 million, or 6.5%, to $20.4 million compared to the same period in 2024[106]. Cash Flow and Investments - Cash provided by operating activities was $25.1 million during the nine months ended September 30, 2025, compared to $26.6 million for the same period in the prior year[136]. - Cash used in investing activities was $91.6 million during the nine months ended September 30, 2025, compared to $52.3 million in the same period last year[137]. Legal Matters - The Company is involved in a legal matter where unit owners claim damages totaling approximately $1.7 million related to the Absecon Gardens Condominium project[150]. - The Company has a loan default case involving Voorhees Diner Corporation, with the original loan amount of $1.0 million increased to $1.4 million[151]. - The Company believes that no material losses are anticipated from various contingent liabilities and legal actions outstanding in the normal course of business[152]. Capitalization - The Company and the Bank were both considered "well capitalized" as of September 30, 2025[141]. - Estimated uninsured deposits increased to $881.8 million at September 30, 2025, from $642.7 million at December 31, 2024, an increase of $239.1 million, or 37.2%[128].

Financial Performance - Net income for Q3 2025 was $10.6 million, a 28.3% increase from Q2 2025[1] - Revenue for Q3 2025 reached $37.4 million, up 4.2% from Q2 2025[1] - Net interest income for Q3 2025 was $20.2 million, a 37.0% increase compared to Q3 2024[2] - Parke Bank's net income for Q3 2025 increased by 41.6% to $10.6 million, compared to $7.5 million in Q3 2024, representing a growth of $3.1 million[12] - The return on average assets improved to 1.99% for Q3 2025, compared to 1.49% for Q3 2024[20] Asset and Loan Growth - Total assets increased to $2.17 billion, a 1.4% rise since December 31, 2024[1] - Total loans grew to $1.93 billion, reflecting a 4.9% increase since December 31, 2024[1] - The outstanding loan balance increased by $92.0 million to $1.96 billion as of September 30, 2025, with new loan generation of $144 million during the nine months ended September 30, 2025[12] Deposit and Equity Changes - Total deposits rose to $1.75 billion, marking a 7.5% increase since December 31, 2024[1] - Total deposits rose to $1.75 billion as of September 30, 2025, an increase of $121.5 million or 7.5% from $1.63 billion at December 31, 2024[13] - Total equity increased to $314.8 million at September 30, 2025, a rise of $14.8 million or 4.9% from $300.1 million at December 31, 2024[13] Credit Losses and Non-Performing Loans - Provision for credit losses for Q3 2025 was $0.4 million, compared to a recovery of $0.1 million in Q3 2024[2] - Non-performing loans increased to $12.4 million as of September 30, 2025, up from $11.8 million as of December 31, 2024[12] - The allowance for credit losses was $33.9 million at September 30, 2025, with a ratio of 1.73% to total loans[11] - The allowance for credit losses on loans was $33.9 million, representing 1.73% of total loans as of September 30, 2025[21] Expenses and Efficiency - Non-interest income decreased to $0.85 million for Q3 2025, down 5.6% from Q3 2024[2] - Non-interest expense increased to $7.2 million for Q3 2025, a 12.6% rise compared to Q3 2024[2] - The efficiency ratio improved to 35.68% as of September 30, 2025, down from 41.37% a year earlier, indicating better cost management[12] Interest Income - Interest income for the nine months ended September 30, 2025, was $105.4 million, up from $91.8 million for the same period in 2024[19] Debt Management - Parke Bank repaid $30.0 million in subordinated debt, strengthening its balance sheet and reducing interest expenses[12]

Core Viewpoint - Parke Bancorp, Inc. (NASDAQ: PKBK) is currently trading at a discounted valuation compared to other regional banks and offers an above-average dividend yield, making it an attractive investment opportunity within the U.S. regional banking sector [1] Company Summary - Parke Bancorp, Inc. is identified as a regional bank with a valuation that is lower than its peers in the same sector [1] - The company provides a dividend yield that is above the average, which may appeal to income-focused investors [1]

Financial Performance - For the three months ended June 30, 2025, net income available to common shareholders increased by $1.8 million, or 28.3%, to $8.3 million compared to $6.5 million for the same period in 2024[97]. - For the six months ended June 30, 2025, net income available to common shareholders increased by $3.5 million, or 27.4%, to $16.1 million compared to $12.6 million for the same period in 2024[104]. Net Interest Income - Net interest income for the second quarter of 2025 was $17.9 million, an increase of $3.6 million, or 24.9%, from $14.3 million in the second quarter of 2024[98]. - Net interest income for the six months ended June 30, 2025, was $34.5 million, an increase of $6.1 million, or 21.6%, from $28.4 million in the same period of 2024[105]. - The interest rate spread improved to 2.46% for the three months ended June 30, 2025, compared to 1.95% for the same period in 2024[115]. Interest and Fees on Loans - Interest income increased by $4.8 million, or 16.0%, during the three months ended June 30, 2025, primarily due to a $4.0 million increase in interest and fees on loans[98]. Provision for Credit Losses - Provision for credit losses for the three months ended June 30, 2025, was $1.0 million, compared to $0.5 million for the same period in 2024, reflecting an increase of $0.5 million[99]. - Provision for credit losses for the six months ended June 30, 2025, was $1.6 million, compared to $0.7 million for the same period in 2024, reflecting an increase of $0.9 million[106]. Non-Interest Income and Expense - Non-interest income decreased by $0.4 million, to $0.8 million for the three months ended June 30, 2025, compared to $1.2 million for the same period in 2024[100]. - Non-interest income for the six months ended June 30, 2025, was $1.6 million, a decrease of $0.6 million compared to $2.3 million for the same period in 2024[107]. - Non-interest expense increased by $0.4 million, or 3.5%, to $13.2 million for the six months ended June 30, 2025, compared to the same period in 2024[108]. Assets and Liabilities - Total assets increased by $28.1 million, or 1.30%, to $2.17 billion as of June 30, 2025, compared to December 31, 2024[118]. - Total liabilities rose by $16.0 million, or 0.9%, to $1.86 billion, driven by a $62.4 million increase in total deposits, or 3.8%[119]. - Total equity increased by $12.1 million, or 4.0%, to $312.2 million, mainly due to retained earnings[120]. Loans and Deposits - Net loans increased by $66.6 million, or 3.6%, primarily due to growth in the commercial non-owner occupied and construction loan portfolios[118]. - Total deposits increased to $1.69 billion at June 30, 2025, from $1.63 billion at December 31, 2024, an increase of $62.4 million, or 3.8%[129]. - Loans receivable increased to $1.93 billion at June 30, 2025, from $1.87 billion at December 31, 2024, an increase of $66.6 million, or 3.6%[128]. Cash Flow - Cash provided by operating activities was $13.8 million during the six months ended June 30, 2025, compared to $17.2 million for the same period in the prior year[137]. - Cash used in investing activities was $64.2 million during the six months ended June 30, 2025, compared to $19.3 million in the same period last year[138]. - Cash provided by financing activities was $13.2 million during the six months ended June 30, 2025, compared to cash used in financing activities of $10.6 million in the same period last year[139]. Legal Matters - Management believes no material losses are anticipated from various contingent liabilities and legal actions[153]. - There are no material pending legal proceedings other than routine litigation incidental to the business[154].

Financial Performance - Net income for Q2 2025 was $8.3 million, a 6.5% increase from Q1 2025, and a 28.3% increase from Q2 2024[2] - Revenue for Q2 2025 reached $35.8 million, up 3.4% from Q1 2025[1] - The company reported a net income of $16.061 million for the six months ended June 30, 2025, compared to $12.606 million for the same period in 2024, representing a year-over-year increase of 27.5%[19] Asset and Loan Growth - Total assets increased to $2.17 billion, a 1.3% rise from December 31, 2024[10] - Total loans grew to $1.93 billion, reflecting a 3.6% increase since December 31, 2024[10] - Total deposits increased to $1.69 billion as of June 30, 2025, up $62.4 million or 3.8% from $1.63 billion at December 31, 2024, driven by a $199.6 million rise in money market deposits[13] Income and Efficiency Ratios - Net interest income for Q2 2025 was $17.9 million, a 24.9% increase compared to Q2 2024[2] - The efficiency ratio improved to 36.60% as of June 30, 2025, compared to 41.69% a year earlier[12] - The efficiency ratio decreased to 36.60% for the six months ended June 30, 2025, down from 41.69% for the same period in 2024, indicating improved operational efficiency[20] Credit Quality - Provision for credit losses was $1.0 million for Q2 2025, compared to $0.5 million for the same period in 2024[6] - Non-performing loans decreased to $11.2 million, representing 0.58% of total loans, down from $11.8 million at December 31, 2024[11] - The allowance for credit losses was $33.8 million, with a ratio of 1.75% to total loans as of June 30, 2025[11] - Non-accrual loans decreased to $11.202 million as of June 30, 2025, down from $11.782 million at December 31, 2024, indicating improved asset quality[21] Interest Income Management - Net interest income for the six months ended June 30, 2025, was $34.478 million, up from $28.366 million for the same period in 2024, reflecting a significant increase in interest income[19] - The company experienced a net interest margin of 3.32% for the six months ended June 30, 2025, compared to 3.00% for the same period in 2024, reflecting better interest income management[20] Borrowings - Total borrowings decreased to $143.4 million at June 30, 2025, down from $188.3 million at December 31, 2024, primarily due to the repayment of $45.0 million of FHLBNY term borrowings[13]

Financial Performance - For the first quarter of 2025, net income available to common shareholders increased by $1.6 million, or 26.5%, to $7.8 million compared to $6.1 million in the same period last year[90]. - Net interest income for the first quarter of 2025 was $16.6 million, an increase of $2.5 million, or 18.2%, from $14.1 million in the first quarter of 2024[91]. - Non-interest income decreased by $0.2 million to $0.8 million for the first quarter of 2025, primarily due to a decline in service fees on deposit accounts[93]. - Non-interest expense remained unchanged at $6.5 million for the first quarter of 2025 compared to the same period in 2024[94]. - The effective tax rate for the first quarter of 2025 was 24.5%, compared to 26.6% in the same period of 2024[94]. - Cash provided by operating activities was $7.0 million for the three months ended March 31, 2025, down from $8.4 million in the prior year[118]. Asset and Liability Management - Total assets as of March 31, 2025, were $2.14 billion, with total equity of $305.9 million[89]. - Total assets decreased by $0.4 million, or 0.02%, to $2.14 billion as of March 31, 2025, primarily due to a $12.5 million decrease in cash and cash equivalents[99]. - Total liabilities decreased by $6.3 million, or 0.3%, to $1.84 billion, mainly due to a $40.0 million reduction in FHLBNY borrowings[100]. - Total equity increased by $5.9 million, or 2.0%, to $305.9 million, primarily due to retained earnings, despite $2.1 million in cash dividends paid[101]. - Total deposits rose by $35.6 million, or 2.2%, to $1.67 billion, with significant increases in money market deposits[110]. - Cash and cash equivalents decreased by $12.5 million, or 5.6%, to $209.0 million, attributed to increased loans and decreased borrowings[102]. - Total borrowings decreased to $148.3 million, down from $188.3 million, primarily due to a $40.0 million reduction in FHLBNY advances[112]. Loan and Credit Quality - Interest income increased by $4.4 million, or 14.8%, primarily due to a $3.4 million increase in interest and fees on loans, attributed to higher loan balances and market interest rates[91]. - The provision for credit losses for the first quarter of 2025 was $0.6 million, up from $0.2 million in the same period of 2024, reflecting an increase in the commercial loan portfolio[92]. - The average yield on loans increased to 6.80% in the first quarter of 2025 from 6.30% in the same period of 2024[97]. - The net interest margin improved to 3.21% for the first quarter of 2025, up from 2.97% in the same period of 2024[97]. - Loans receivable increased by $15.0 million, or 0.8%, to $1.88 billion, driven by growth in commercial owner-occupied and non-owner-occupied portfolios[109]. - The allowance for credit losses is based on evaluations of loan and lease portfolios, with significant reliance on historical data and qualitative factors[127]. - The determination of the allowance for credit losses requires significant judgment and may lead to future earnings adjustments if actual outcomes differ from estimates[128]. Capital Adequacy - The Company and Parke Bank reported Tier 1 leverage ratios of 14.99% and 16.36%, respectively, as of March 31, 2025, indicating strong capital adequacy[124]. - The Company has maintained its status as "well capitalized" under federal banking regulations as of March 31, 2025[124]. - Total equity increased by $5.9 million to $319.3 million as of March 31, 2025, driven by net income of $7.8 million after dividends of $2.1 million[122]. Legal and Regulatory Matters - The Company is currently involved in a legal matter with Absecon Gardens Condominium Association, with claimed damages totaling approximately $1.7 million[131]. - Management believes that no material losses are anticipated from various contingent liabilities and legal actions outstanding[133]. - The Company has not experienced any changes in internal control over financial reporting that materially affect its operations during the last fiscal quarter[130]. - The Company’s accounting policies require management to make estimates and assumptions that could significantly impact reported financial results[125]. - The Company actively reviews its capital strategies to align with business risks and growth opportunities[121].

Core Viewpoint - Parke Bancorp, Inc. (NASDAQ: PKBK) has shown resilience in its stock performance, quickly recovering from losses associated with the announcement of "reciprocal" tariffs earlier this month, with a minimal decline of only 0.6% from the market close on April 2 [1] Group 1 - The stock of Parke Bancorp, Inc. has reversed most of its losses following the tariff announcement [1] - As of the latest market close, the stock was down just 0.6% compared to its previous close [1]

Financial Performance - Net income for Q1 2025 was $7.8 million, a 5.12% increase from Q4 2024 and a 26.5% increase from Q1 2024[1][2][13]. - Revenue for Q1 2025 reached $34.7 million, up 0.6% compared to Q4 2024[1]. - Net income attributable to the company for Q1 2025 was $7,778,000, representing a 26.4% increase compared to $6,151,000 in Q1 2024[21]. - Earnings per common share increased to $0.66 in Q1 2025 from $0.51 in Q1 2024, reflecting a growth of 29.4%[21]. - Return on average assets improved to 1.48% in Q1 2025 from 1.27% in Q1 2024[22]. - Return on average common equity rose to 10.36% in Q1 2025, up from 8.60% in Q1 2024[22]. Income and Expenses - Net interest income increased by $2.6 million, or 18.2%, to $16.6 million for Q1 2025 compared to Q1 2024[2][4]. - Total interest income for Q1 2025 was $33,846,000, an increase of 14.4% from $29,477,000 in Q1 2024[21]. - Non-interest income decreased by $0.2 million, or 22.7%, to $0.8 million for Q1 2025 compared to Q1 2024[2][7]. - Total non-interest income for Q1 2025 was $821,000, a decrease from $1,062,000 in Q1 2024[21]. - Net interest income after provision for credit losses was $16,017,000 in Q1 2025, compared to $13,850,000 in Q1 2024, marking a 15.7% increase[21]. Asset and Loan Management - Total assets remained flat at $2.14 billion as of March 31, 2025, compared to December 31, 2024[1][10]. - Total loans increased by $15.0 million, or 0.8%, to $1.88 billion from December 31, 2024[1][10]. - Total deposits rose to $1.67 billion, an increase of $35.6 million or 2.2% from December 31, 2024[1][15]. - The allowance for credit losses was $33.1 million, representing 1.76% of total loans as of March 31, 2025[11][12]. - The allowance for credit losses on loans increased to $33,091,000 as of March 31, 2025, compared to $32,573,000 at December 31, 2024[23]. - Non-accrual loans decreased to $11,122,000 as of March 31, 2025, down from $11,782,000 at December 31, 2024[23]. Efficiency and Management - The efficiency ratio improved to 37.1% in Q1 2025 from 43.2% in Q1 2024[13]. - The efficiency ratio improved to 37.51% in Q1 2025, down from 43.23% in Q1 2024, indicating better cost management[22]. - The provision for credit losses was $0.6 million for Q1 2025, up from $0.2 million in Q1 2024[2][6].