Regulatory Matters (Tables)

12 Months Ended

Dec. 31, 2021

Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]

Quantitative Measures Established by Regulation to Ensure Capital Adequacy Minimum Amounts and Ratios

The Company and Bank's regulatory capital as of December 31, 2021 and 2020, is presented in the following table.

As of December 31, 2021	Actual			For Capital Adequacy Purpose*
Company	Amount		Ratio	Amount		Ratio
	(Dollars in thousands except ratios)
Total risk-based capital	$	290,965	22.57%	$	103,151	8.00%
Tier 1 risk-based capital	245,519		19.04%	77,363		6.00%
Tier 1 leverage	245,519		11.49%	85,494		4.00%
Tier 1 common equity	231,671		17.97%	58,023		4.50%
Parke Bank
Community Bank Leverage Ratio	273,884		12.82%	181,640		8.50%

As of December 31, 2020	Actual			For Capital Adequacy Purpose
Company	Amount		Ratio	Amount		Ratio
	(Dollars in thousands except ratios)
Total risk-based capital	$	261,143	20.61%	$	101,365	8.00%
Tier 1 risk-based capital	215,134		16.98%	76,024		6.00%
Tier 1 leverage	215,134		10.90%	157,968		4.00%
Tier 1 common equity	200,003		15.78%	57,018		4.50%
Parke Bank
Community Bank Leverage Ratio	243,899		12.35%	157,936		4.00%

* Combination of both community bank leverage approach and the regular rule of capital adequacy.