Parke Bancorp Inc. has announced its operating results for the second quarter of 2025, reporting a net income of $8.3 million, a 28.3% increase from $6.5 million in the same period of 2024. Earnings per share for the three months ended June 30, 2025, were $0.70 per basic common share and $0.69 per diluted common share, up from $0.54 and $0.53 respectively in the previous year. The increase in net income was primarily driven by a $3.6 million rise in net interest income. Revenue for the quarter reached $35.8 million, marking a 3.4% increase over the first quarter of 2025. Total assets grew by 1.3% to $2.17 billion, while total loans increased by 3.6% to $1.93 billion compared to December 31, 2024. Total deposits saw a 3.8% rise, reaching $1.69 billion. The company also reported a decrease in total borrowings by $44.9 million during the first half of the year, attributed to the repayment of $45.0 million in FHLBNY term borrowings. Total equity rose by 4.0% to $312.2 million, primarily due to earnings retention, partially offset by $4.2 million in cash dividends. CEO Vito S. Pantilione noted the ongoing market volatility amid geopolitical unrest and tariff negotiations. Despite these challenges, Parke Bank continues to experience strong financial performance, supported by increased interest income from loan portfolio growth and efficient expense management. The bank's efficiency ratio improved to 36.60% as of June 30, 2025, compared to 41.69% a year earlier.