WASHINGTON TOWNSHIP, N.J. (AP) _ Parke Bancorp Inc. (PKBK) on Wednesday reported net income of $10.1 million in its fourth quarter.

The Washington Township, New Jersey-based bank said it had earnings of 83 cents per share.

The holding company for Parke Bank posted revenue of $21.8 million in the period. Its revenue net of interest expense was $19 million, which beat Street forecasts.

For the year, the company reported profit of $40.8 million, or $3.36 per share. Revenue was reported as $77.9 million.

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