REGULATORY MATTERS (Tables)

3 Months Ended

Mar. 31, 2022

Banking and Thrift, Other Disclosures [Abstract]

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

The leverage ratios of the Company and the Bank at March 31, 2022 are as follows:

Regulatory Capital Compliance
As of March 31, 2022	Actual				For Capital Adequacy Purposes
(Dollars in thousands except ratios)	Amount		Ratio		Amount		Ratio
Company:
Tier 1 leverage	$	253,870	12.21	%	$	187,147	9.00	%
Parke Bank:
Community Bank Leverage Ratio	$	282,651	13.60	%	$	187,111	9.00	%

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

As of December 31, 2021	Actual				For Capital Adequacy Purposes*
(Dollars in thousands except ratios)	Amount		Ratio		Amount		Ratio
Company:
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:
Tier 1 leverage	273,884		12.82	%	181,640		8.50	%

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