PKBK

#3070
Parke Bancorp, Inc. - Common Stock
33.4 4 USD
-0.01%
Market Price
Sektor: Finanzen
Basis: USD
Gewinnwährung: USD
Tagesspanne
33.44
33.44
Jahresspanne
19.71
35.70
Tagesänderung
-0.92%
Monatliche Änderung
-3.27%
6 month change
+20.03%
Jahresänderung
+51.04%
Vorheriger Schlusskurs
33.7 5
Open
33.4 4
Tief
33.4 4
Hoch
33.4 4
Volumen
11
Vollständige Grafik anzeigen

Financials

Übersicht Finanzbericht Statistik Dividenden Documents

2026

Current report, Q3 FY2026
PARKE BANCORP, INC. current report, Q3 FY2026
8-K
Quarterly report, Q2 FY2026
PARKE BANCORP, INC. quarterly report, Q2 FY2026
10-Q
Current report, Q2 FY2026
PARKE BANCORP, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
PARKE BANCORP, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
PARKE BANCORP, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
PARKE BANCORP, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
PARKE BANCORP, INC. current report, Q2 FY2026
8-K
Quarterly report, Q1 FY2026
PARKE BANCORP, INC. quarterly report, Q1 FY2026
10-Q
Current report, Q1 FY2026
PARKE BANCORP, INC. current report, Q1 FY2026
8-K
Current report, Q1 FY2026
PARKE BANCORP, INC. current report, Q1 FY2026
8-K

PARKE BANCORP, INC. current report, 27 November 2007

Full document

Business Context and Reporting Period

Company: PARKE BANCORP, INC.
Filing Type: Form 8-K (Current Report)
Date of Report: November 27, 2007
Reporting Period: Event date November 27, 2007

Key Financial Metrics

This filing does not contain financial performance data. The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity.

Material Changes

The filing reports material changes regarding executive compensation and employment agreements:

  • CEO Employment Agreement: The Registrant approved an amendment and restatement of the Employment Agreement for Mr. Vito S. Pantilione, President and CEO.
    • New term: Three years ending December 31, 2010.
    • Severance Limitation: Change in control severance payments are limited to amounts deductible under Section 280G of the Internal Revenue Code.
    • Compliance: Provisions added to conform with Section 409A of the Code.
    • Guarantee: The Registrant guarantees the Bank's payment obligations under the agreement.
  • Executive Severance Agreements: Management Change in Control Severance Agreements were approved for four named executive officers:
    • Elizabeth Milavsky (Senior Vice President)
    • Robert Kuehl (Senior Vice President)
    • Paul Palmieri (Senior Vice President)
    • David Middlebrook (Senior Vice President)

Guidance, Outlook, and Risks

The filing does not provide financial guidance, outlook, or general risk factors. The primary contingency noted is the specific tax compliance requirements (Sections 280G and 409A) governing the new executive compensation structures.

Investor Verification Checklist

  • Review the full text of the amended Employment Agreement (Exhibit 10.1) to understand specific compensation terms for the CEO.
  • Examine the Management Change in Control Severance Agreements (Exhibit 10.2) to assess potential liabilities in the event of a change in control.
  • Verify the impact of the Section 280G "golden parachute" limitations on potential severance payouts.
  • Confirm the Registrant's guarantee of the Bank's payment obligations under the CEO agreement.

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