PARKE BANCORP, INC. — Director's Dealing 2018

Feb 14, 2018

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: PARKE BANCORP, INC. (PKBK)
CIK: 0001315399
Period of Report: 2016-10-28

Reporting Person: EJF Capital LLC (FORMER 10% OWNER)
Reporting Person: FRIEDMAN EMANUEL J (FORMER 10% OWNER)
Reporting Person: EJF Financial Services Fund, LP (FORMER 10% OWNER)
Reporting Person: EJF Financial Services GP, LLC (FORMER 10% OWNER)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock, par value $0.10 per share ("Common Stock")	150000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Preferred Stock	$		Common Stock (619757)		Indirect

Footnotes

F1: This statement is being filed by EJF Capital LLC, Emanuel J. Friedman, EJF Financial Services Fund, LP and EJF Financial Services GP, LLC (the "Reporting Persons"). As a result of the acquisition of shares of common stock, par value $0.10 per share ("Common Stock") by EJF Financial Services Fund, LP on October 28, 2016, it became the record owner of 150,000 shares of Common Stock. On such date it was also the record owner of 5,997 shares of 6.00% noncumulative perpetual convertible preferred stock, Series B ("Preferred Stock") that were convertible, at any time at its election, into 619,757 shares of Common Stock. Emanuel J. Friedman is the controlling member of EJF Capital LLC, which is the sole member of EJF Financial Services GP, LLC, which is the general partner of EJF Financial Services Fund, LP and an investment manager of certain affiliates thereof.

F2: The Reporting Persons disclaim beneficial ownership of all shares of Common Stock except to the extent of their pecuniary interest in such shares, if any, and this report shall not be deemed an admission that any such person or entity is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

F3: At the time of the acquisition prompting this filing, a share of Preferred Stock reported in Table II was convertible, at any time at the holder's election, into the number of shares of Common Stock shown in column 3 based on a conversion ratio of 103.3446 shares of Common Stock for each share of Preferred Stock. The shares are convertible at any time into shares of Common Stock and have no expiration date.