Parke Bancorp (PKBK) – a highly efficient, growing New Jersey & Pennsylvania bank trading below book value

Parke Bancorp is a bank holding company holding Parke Bank: a New Jersey & Pennsylvania small bank. It’s HQ in New Jersey is pictured below.

Business description

Parke Bank provides banking services (checking/current accounts, savings, loans, credit cards, and mortgages) to individual and small to medium businesses in New Jersey and Pennsylvania. It was f…