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REGULATORY MATTERS (Tables)
9 Months Ended
Sep. 30, 2016
Banking and Thrift [Abstract]  
Quantitative Measures Established by Regulation to Ensure Capital Adequacy Minimum Amounts and Ratios
Quantitative measures established by regulation to ensure capital adequacy require the Company and the Bank to maintain minimum amounts and ratios (set forth in the following table) of total and Tier 1 capital (as defined in the regulations) to risk-weighted assets (as defined), and of Tier 1 capital (as defined) to average assets (as defined).

Parke Bancorp, Inc.
Actual
 
For Capital Adequacy
Purposes
 
To be Well- Capitalized
Under Prompt Corrective
Action Provisions
As of September 30, 2016
Amount
 
Ratio
 
Amount
 
Ratio
 
Amount
 
Ratio
(amounts in thousands except ratios)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Risk Based Capital
(to Risk Weighted Assets)
$
151,208

 
18.43
%
 
$
65,652

 
8.0
%
 
N/A
 
N/A
 
 
 
 
 
 
 
 
 
 
 
 
Tier 1 Capital
(to Risk Weighted Assets)
$
140,893

 
17.17
%
 
$
49,239

 
6.0
%
 
N/A
 
N/A
 
 
 
 
 
 
 
 
 
 
 
 
Tier 1 Capital Common Equity
(to Risk Weighted Assets)
$
107,893

 
13.15
%
 
$
36,929

 
4.5
%
 
N/A
 
N/A
 
 
 
 
 
 
 
 
 
 
 
 
Tier 1 Capital
(to Average Assets)
$
140,893

 
15.38
%
 
$
36,654

 
4.0
%
 
N/A
 
N/A

Parke Bancorp, Inc.
Actual
 
For Capital Adequacy
Purposes
 
To be Well- Capitalized
Under Prompt Corrective
Action Provisions
As of December 31, 2015
Amount
 
Ratio
 
Amount
 
Ratio
 
Amount
 
Ratio
(amounts in thousands except ratios)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Risk Based Capital
(to Risk Weighted Assets)
$
135,258

 
17.24
%
 
$
62,777

 
8.0
%
 
N/A
 
N/A
 
 
 
 
 
 
 
 
 
 
 
 
Tier 1 Capital
(to Risk Weighted Assets)
$
125,371

 
15.98
%
 
$
47,083

 
6.0
%
 
N/A
 
N/A
 
 
 
 
 
 
 
 
 
 
 
 
Tier 1 Capital Common Equity
(to Risk Weighted Assets)
$
92,371

 
11.77
%
 
$
35,312

 
4.5
%
 
N/A
 
N/A
 
 
 
 
 
 
 
 
 
 
 
 
Tier 1 Capital
(to Average Assets)
$
125,371

 
14.69
%
 
$
34,133

 
4.0
%
 
N/A
 
N/A

Parke Bank
Actual
 
For Capital Adequacy
Purposes
 
To be Well- Capitalized
Under Prompt Corrective
Action Provisions
As of September 30, 2016
Amount
 
Ratio
 
Amount
 
Ratio
 
Amount
 
Ratio
(amounts in thousands except ratios)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Risk Based Capital
(to Risk Weighted Assets)
$
147,779

 
18.01
%
 
$
65,652

 
8.0
%
 
$
82,065

 
10.0
%
 
 
 
 
 
 
 
 
 
 
 
 
Tier 1 Capital
(to Risk Weighted Assets)
$
137,464

 
16.75
%
 
$
49,239

 
6.0
%
 
$
65,652

 
8.0
%
 
 
 
 
 
 
 
 
 
 
 
 
Tier 1 Capital Common Equity
(to Risk Weighted Assets)
$
137,464

 
16.75
%
 
$
36,929

 
4.5
%
 
$
53,342

 
6.5
%
 
 
 
 
 
 
 
 
 
 
 
 
Tier 1 Capital
(to Average Assets)
$
137,464

 
15.00
%
 
$
36,654

 
4.0
%
 
$
45,818

 
5.0
%

Parke Bank
Actual
 
For Capital Adequacy
Purposes
 
To be Well- Capitalized
Under Prompt Corrective
Action Provisions
As of December 31, 2015
Amount
 
Ratio
 
Amount
 
Ratio
 
Amount
 
Ratio
(amounts in thousands except ratios)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Risk Based Capital
(to Risk Weighted Assets)
$
134,415

 
17.13
%
 
$
62,777

 
8.0
%
 
$
78,471

 
10.0
%
 
 
 
 
 
 
 
 
 
 
 
 
Tier 1 Capital
(to Risk Weighted Assets)
$
124,528

 
15.87
%
 
$
47,082

 
6.0
%
 
$
62,777

 
8.0
%
 
 
 
 
 
 
 
 
 
 
 
 
Tier 1 Capital Common Equity
(to Risk Weighted Assets)
$
124,528

 
15.87
%
 
$
35,312

 
4.5
%
 
51,006

 
6.5
%
 
 
 
 
 
 
 
 
 
 
 
 
Tier 1 Capital
(to Average Assets)
$
124,528

 
14.59
%
 
$
34,133

 
4.0
%
 
$
42,666

 
5.0
%