Parke Bancorp, Inc. (PKBK) is the holding company for Parke Bank, which operates from its corporate headquarters in Washington Township, New Jersey and 7 branch offices in Washington Township, New Jersey, Northfield, New Jersey, Galloway Township, New Jersey, Collingswood, New Jersey, Center City Philadelphia, and Chinatown in Philadelphia. Parke Bank opened in 1999 but restructured in 2005 to become the subsidiary of Parke Bancorp.
On February 13 of last year, I published an article recommending PKBK in spite of the fact it was substantially overpriced based on Book Value. I generally like to