WASHINGTON TOWNSHIP, N.J. (AP) _ Parke Bancorp Inc. (PKBK) on Thursday reported fourth-quarter earnings of $8.1 million.

The bank, based in Washington Township, New Jersey, said it had earnings of 68 cents per share.

The holding company for Parke Bank posted revenue of $23.2 million in the period. Its revenue net of interest expense was $18.6 million, beating Street forecasts.

For the year, the company reported profit of $28.4 million, or $2.37 per share. Revenue was reported as $66.8 million.

Parke Bancorp shares have climbed 14% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $17.76, a fall of 20% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PKBK at https://www.zacks.com/ap/PKBK

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News