f8k_011215-0343.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported)
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January 12, 2015
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PARKE BANCORP, INC.
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(Exact name of registrant as specified in its charter)
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New Jersey
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0-51338
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65-1241959
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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601 Delsea Drive, Washington Township, New Jersey
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08080
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number, including area code: (856) 256-2500
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Not Applicable
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(Former name or former address, if changed since last report)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
[ ] Pre-commencement to communications pursuant to Rule 13e-4(c) under the Exchange Act
PARKE BANCORP, INC.
INFORMATION TO BE INCLUDED IN THE REPORT
Section 8 – Other Events
Item 8.01. Other Events.
On January 12, 2015, the Registrant announced that the Board of Directors had adopted a stock repurchase program pursuant to which up to 500,000 shares of common stock may be repurchased during the next twelve months. The program will expire January 31, 2016, unless completed sooner or otherwise extended. Stock repurchases under this program may be made through open market and privately negotiated transactions at such times and in such amounts as management deems appropriate in accordance with applicable Securities and Exchange Commission regulations. The timing and actual number of shares repurchased will depend on a variety of factors including price, corporate and regulatory requirements and other market conditions.
A copy of the press release dated January 12, 2015 announcing the stock repurchase program is filed as Exhibit 99 hereto and is incorporated by reference herein.
Section 9 – Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits:
Exhibit 99 – Press Release, dated January 12, 2015
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.
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PARKE BANCORP, INC.
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Date: January 12, 2015
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By:
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/s/ John F. Hawkins |
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John F. Hawkins
Senior Vice President and
Chief Financial Officer
(Duly Authorized Representative)
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