Parke Bancorp Inc. announced earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported interest and dividend income was $9,130,000 compared to $10,399,000 for the same period a year ago. Net interest income was $7,426,000 compared to $8,199,000 for the same period a year ago. Net interest income after provision for loan losses was $5,926,000 compared to $4,599,000 for the same period a year ago. Income before income taxes was $3,618,000 compared to $2,268,000 for the same period a year ago. Net income attributable to company was $1,955,000 compared to $1,266,000 for the same period a year ago. Net income available to common shareholders was $1,701,000 or $0.29 per basic and diluted share compared to $1,015,000 or $0.17 per basic and diluted share for the same period a year ago. Return on average assets was 1.01% compared to 0.65% for the same period a year ago. Return on average common equity was 10.11% compared to 6.53% for the same period a year ago.

For the full year, the company reported interest and dividend income was $37,746,000 compared to $41,309,000 for the same period a year ago. Net interest income was $30,322,000 compared to $32,078,000 for the same period a year ago. Net interest income after provision for loan losses was $23,022,000 compared to $21,628,000 for the same period a year ago. Income before income taxes was $12,311,000 compared to $13,728,000 for the same period a year ago. Net income attributable to company was $7,313,000 compared to $7,272,000 for the same period a year ago. Net income available to common shareholders was $6,301,000 or $1.17 per basic and diluted share compared to $6,272,000 or $1.15 per diluted share for the same period a year ago. Return on average assets was 0.94% compared to 0.97% for the same period a year ago. Return on average common equity was 9.70% compared to 10.51% for the same period a year ago.