Company Quick10K Filing
Park National
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 17 $1,629
10-Q 2019-11-04 Quarter: 2019-09-30
10-Q 2019-08-02 Quarter: 2019-06-30
10-Q 2019-05-02 Quarter: 2019-03-31
10-K 2019-02-26 Annual: 2018-12-31
10-Q 2018-11-02 Quarter: 2018-09-30
10-Q 2018-07-27 Quarter: 2018-06-30
10-Q 2018-05-02 Quarter: 2018-03-31
10-K 2018-02-27 Annual: 2017-12-31
10-Q 2017-10-31 Quarter: 2017-09-30
10-Q 2017-07-27 Quarter: 2017-06-30
10-Q 2017-04-27 Quarter: 2017-03-31
10-K 2017-02-21 Annual: 2016-12-31
10-Q 2016-10-28 Quarter: 2016-09-30
10-Q 2016-07-28 Quarter: 2016-06-30
10-Q 2016-04-27 Quarter: 2016-03-31
10-K 2016-02-18 Annual: 2015-12-31
10-Q 2015-10-27 Quarter: 2015-09-30
10-Q 2015-07-28 Quarter: 2015-06-30
10-Q 2015-04-27 Quarter: 2015-03-31
10-K 2015-02-24 Annual: 2014-12-31
10-Q 2014-10-28 Quarter: 2014-09-30
10-Q 2014-08-01 Quarter: 2014-06-30
10-Q 2014-05-02 Quarter: 2014-03-31
10-K 2014-02-25 Annual: 2013-12-31
10-Q 2013-11-01 Quarter: 2013-09-30
10-Q 2013-08-02 Quarter: 2013-06-30
10-Q 2013-05-02 Quarter: 2013-03-31
10-K 2013-02-26 Annual: 2012-12-31
10-Q 2012-11-07 Quarter: 2012-09-30
10-Q 2012-08-03 Quarter: 2012-06-30
10-Q 2012-05-04 Quarter: 2012-03-31
10-K 2012-02-29 Annual: 2011-12-31
10-Q 2011-11-09 Quarter: 2011-09-30
10-Q 2011-08-15 Quarter: 2011-06-30
10-Q 2011-05-04 Quarter: 2011-03-31
10-K 2011-02-28 Annual: 2010-12-31
10-Q 2010-11-02 Quarter: 2010-09-30
10-Q 2010-08-03 Quarter: 2010-06-30
10-Q 2010-04-30 Quarter: 2010-03-31
10-K 2010-02-24 Annual: 2009-12-31
8-K 2019-12-03 Officers, Exhibits
8-K 2019-11-13 Regulation FD, Exhibits
8-K 2019-10-28 Earnings, Regulation FD, Other Events, Exhibits
8-K 2019-07-22 Earnings, Regulation FD, Other Events, Exhibits
8-K 2019-06-20 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-04-22 Officers, Shareholder Vote, Exhibits
8-K 2019-04-22 Regulation FD, Exhibits
8-K 2019-04-19 Earnings, Regulation FD, Other Events, Exhibits
8-K 2019-04-01 Other Events, Exhibits
8-K 2019-02-13 Regulation FD, Exhibits
8-K 2019-01-28 Earnings, Officers, Regulation FD, Other Events, Exhibits
8-K 2019-01-14 Other Events
8-K 2018-12-17 Other Events
8-K 2018-12-04 Officers, Exhibits
8-K 2018-11-19 Officers, Exhibits
8-K 2018-11-06 Regulation FD, Exhibits
8-K 2018-10-22 Earnings, Regulation FD, Other Events, Exhibits
8-K 2018-09-13 Other Events, Exhibits
8-K 2018-09-12 Enter Agreement, Exhibits
8-K 2018-07-23 Earnings, Regulation FD, Other Events, Exhibits
8-K 2018-07-09 Other Events, Exhibits
8-K 2018-07-01 Other Events, Exhibits
8-K 2018-06-22 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-06-14 Other Events, Exhibits
8-K 2018-05-17 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-04-23 Regulation FD, Other Events, Exhibits
8-K 2018-04-23 Shareholder Vote
8-K 2018-04-20 Earnings, Regulation FD, Other Events, Exhibits
8-K 2018-02-07 Regulation FD, Exhibits
8-K 2018-01-23 Other Events, Exhibits
8-K 2018-01-22 Enter Agreement, Exhibits
8-K 2018-01-22 Earnings, Regulation FD, Other Events, Exhibits
PRK 2019-09-30
Note 1 - Basis of Presentation
Note 2 - Adoption of New Accounting Pronouncements and Issued But Not Yet Effective Accounting Standards
Note 3 - Business Combinations
Note 4 - Investment Securities
Note 5 - Other Investment Securities
Note 6 - Loans
Note 7 - Allowance for Loan Losses
Note 8 - Loans Held for Sale
Note 9 - Goodwill and Other Intangible Assets
Note 10 - Investment in Qualified Affordable Housing
Note 11 - Foreclosed and Repossessed Assets
Note 12 - Loan Servicing
Note 13 - Leases
Note 14 - Repurchase Agreement Borrowings
Note 15 - Derivatives
Note 16 - Accumulated Other Comprehensive Loss
Note 17 - Earnings per Common Share
Note 18 - Segment Information
Note 19 - Share-Based Compensation
Note 20 - Benefit Plans
Note 21 - Fair Value
Note 22 - Revenue From Contracts with Customers
Item 2 - Management's Discussion and Analysis of Financial
Item 3 - Quantitative and Qualitative Disclosures About Market Risk
Item 4 - Controls and Procedures
Part II - Other Information
Item 1. Legal Proceedings
Item 1A. Risk Factors
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Item 3. Defaults Upon Senior Securities
Item 4. Mine Safety Disclosures
Item 5. Other Information
Item 6. Exhibits
EX-31.1 prk-ex311x20190930x10q.htm
EX-31.2 prk-ex312x20190930x10q.htm
EX-32.1 prk-ex321x20190930x10q.htm
EX-32.2 prk-ex322x20190930x10q.htm

Park National Earnings 2019-09-30

PRK 10Q Quarterly Report

Balance SheetIncome StatementCash Flow

Comparables ($MM TTM)
Ticker M Cap Assets Liab Rev G Profit Net Inc EBITDA EV G Margin EV/EBITDA ROA
SFBS 1,830 8,740 7,961 0 0 141 275 944 3.4 2%
FRME 1,798 10,738 9,236 0 0 163 295 1,670 5.7 2%
NWBI 1,796 10,505 9,172 0 0 0 79 1,689 21.4 0%
EGBN 1,754 8,388 7,240 0 0 156 315 1,850 5.9 2%
HOPE 1,713 15,339 13,344 0 0 176 455 1,300 2.9 1%
WABC 1,651 5,523 4,830 0 0 75 100 1,651 16.5 1%
PRK 1,629 8,657 7,723 0 0 99 170 1,777 10.4 1%
NBTB 1,609 9,636 8,561 63 0 118 195 1,420 0% 7.3 1%
HTLF 1,560 12,160 10,639 77 0 143 281 918 0% 3.3 1%
BUSE 1,444 9,613 8,409 0 0 102 213 1,024 4.8 1%

Document
false--12-31Q3201900008056760.9000.9010.1081.0750.1050.4000.0500.0420.0950.0000.1050.0000.2610.1100.1060.3110.1050.1320.7240.9310.1060.8960.5350.0010.6000.1060.0000.0000.3850.7240.1060.2810.1380.941.210.961.211.011.010020000000200000001658616517623208000000130001480005380003900088000005076000507600013640008217000138500048640000.4500.1300.6840.5460.0000.1300.0090.3040.2170.1300.3470.4250.1300.6840.5460.1000.0090.0190.1280.3110.3460200000200000000043545701037205018800002771900887987129025705000008665025000084603 0000805676 2019-01-01 2019-09-30 0000805676 2019-11-01 0000805676 2018-12-31 0000805676 2019-09-30 0000805676 2018-07-01 2018-09-30 0000805676 2018-01-01 2018-09-30 0000805676 2019-07-01 2019-09-30 0000805676 us-gaap:DepositAccountMember 2019-01-01 2019-09-30 0000805676 us-gaap:FiduciaryAndTrustMember 2018-07-01 2018-09-30 0000805676 us-gaap:DepositAccountMember 2019-07-01 2019-09-30 0000805676 us-gaap:BankServicingMember 2019-01-01 2019-09-30 0000805676 us-gaap:DepositAccountMember 2018-01-01 2018-09-30 0000805676 us-gaap:FiduciaryAndTrustMember 2019-01-01 2019-09-30 0000805676 us-gaap:DepositAccountMember 2018-07-01 2018-09-30 0000805676 us-gaap:BankServicingMember 2018-01-01 2018-09-30 0000805676 us-gaap:FiduciaryAndTrustMember 2019-07-01 2019-09-30 0000805676 us-gaap:BankServicingMember 2018-07-01 2018-09-30 0000805676 us-gaap:FiduciaryAndTrustMember 2018-01-01 2018-09-30 0000805676 us-gaap:BankServicingMember 2019-07-01 2019-09-30 0000805676 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-04-01 2018-06-30 0000805676 us-gaap:PreferredStockMember 2018-06-30 0000805676 us-gaap:PreferredStockMember 2018-03-31 0000805676 us-gaap:RetainedEarningsMember 2018-04-01 2018-06-30 0000805676 us-gaap:RetainedEarningsMember 2018-01-01 2018-03-31 0000805676 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-01-01 2018-03-31 0000805676 us-gaap:CommonStockMember 2018-07-01 2018-09-30 0000805676 us-gaap:RetainedEarningsMember 2018-09-30 0000805676 us-gaap:CommonStockMember 2018-01-01 2018-03-31 0000805676 us-gaap:TreasuryStockMember 2017-12-31 0000805676 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-03-31 0000805676 us-gaap:CommonStockMember 2018-09-30 0000805676 us-gaap:RetainedEarningsMember 2018-03-31 0000805676 us-gaap:CommonStockMember 2018-06-30 0000805676 us-gaap:AccountingStandardsUpdate201601Member us-gaap:RetainedEarningsMember 2017-12-31 0000805676 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-06-30 0000805676 us-gaap:CommonStockMember 2017-12-31 0000805676 us-gaap:TreasuryStockMember 2018-01-01 2018-03-31 0000805676 us-gaap:RetainedEarningsMember 2018-06-30 0000805676 us-gaap:CommonStockMember 2018-03-31 0000805676 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-09-30 0000805676 us-gaap:AccountingStandardsUpdate201601Member us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-12-31 0000805676 us-gaap:RetainedEarningsMember 2017-12-31 0000805676 us-gaap:CommonStockMember 2018-04-01 2018-06-30 0000805676 us-gaap:TreasuryStockMember 2018-04-01 2018-06-30 0000805676 us-gaap:NewAccountingPronouncementMember us-gaap:RetainedEarningsMember 2017-12-31 0000805676 us-gaap:RetainedEarningsMember 2018-07-01 2018-09-30 0000805676 us-gaap:TreasuryStockMember 2018-03-31 0000805676 us-gaap:AccountingStandardsUpdate201601Member us-gaap:PreferredStockMember 2017-12-31 0000805676 us-gaap:TreasuryStockMember 2018-09-30 0000805676 us-gaap:NewAccountingPronouncementMember us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-12-31 0000805676 us-gaap:PreferredStockMember 2018-09-30 0000805676 us-gaap:AccountingStandardsUpdate201601Member us-gaap:TreasuryStockMember 2017-12-31 0000805676 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-07-01 2018-09-30 0000805676 us-gaap:AccountingStandardsUpdate201601Member us-gaap:CommonStockMember 2017-12-31 0000805676 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-12-31 0000805676 us-gaap:TreasuryStockMember 2018-06-30 0000805676 us-gaap:PreferredStockMember 2017-12-31 0000805676 us-gaap:CommonStockMember 2018-12-31 0000805676 us-gaap:RetainedEarningsMember 2019-01-01 2019-03-31 0000805676 us-gaap:PreferredStockMember 2018-12-31 0000805676 us-gaap:CommonStockMember 2019-07-01 2019-09-30 0000805676 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-12-31 0000805676 us-gaap:CommonStockMember 2019-04-01 2019-06-30 0000805676 us-gaap:RetainedEarningsMember 2019-07-01 2019-09-30 0000805676 us-gaap:TreasuryStockMember 2019-09-30 0000805676 us-gaap:CommonStockMember 2019-01-01 2019-03-31 0000805676 us-gaap:TreasuryStockMember 2018-12-31 0000805676 us-gaap:RetainedEarningsMember 2019-04-01 2019-06-30 0000805676 us-gaap:RetainedEarningsMember 2018-12-31 0000805676 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-07-01 2019-09-30 0000805676 us-gaap:TreasuryStockMember 2019-06-30 0000805676 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-03-31 0000805676 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-09-30 0000805676 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-04-01 2019-06-30 0000805676 us-gaap:NewAccountingPronouncementMember us-gaap:RetainedEarningsMember 2018-12-31 0000805676 us-gaap:RetainedEarningsMember 2019-09-30 0000805676 us-gaap:TreasuryStockMember 2019-07-01 2019-09-30 0000805676 us-gaap:TreasuryStockMember 2019-01-01 2019-03-31 0000805676 us-gaap:TreasuryStockMember 2019-03-31 0000805676 us-gaap:PreferredStockMember 2019-09-30 0000805676 us-gaap:RetainedEarningsMember 2019-06-30 0000805676 us-gaap:PreferredStockMember 2019-03-31 0000805676 us-gaap:PreferredStockMember 2019-06-30 0000805676 us-gaap:TreasuryStockMember 2019-04-01 2019-06-30 0000805676 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-01-01 2019-03-31 0000805676 us-gaap:CommonStockMember 2019-09-30 0000805676 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-06-30 0000805676 us-gaap:RetainedEarningsMember 2019-03-31 0000805676 us-gaap:CommonStockMember 2019-03-31 0000805676 us-gaap:CommonStockMember 2019-06-30 0000805676 2018-04-01 2018-06-30 0000805676 2019-01-01 2019-03-31 0000805676 2019-04-01 2019-06-30 0000805676 2018-01-01 2018-03-31 0000805676 2018-09-30 0000805676 us-gaap:ConsumerPortfolioSegmentMember 2018-01-01 2018-09-30 0000805676 us-gaap:MortgagesMember 2019-01-01 2019-09-30 0000805676 2017-12-31 0000805676 us-gaap:MortgagesMember 2018-01-01 2018-09-30 0000805676 us-gaap:ConsumerPortfolioSegmentMember 2019-01-01 2019-09-30 0000805676 us-gaap:AccountingStandardsUpdate201602Member us-gaap:RetainedEarningsMember 2018-12-31 0000805676 us-gaap:OtherAssetsMember 2019-01-01 2019-09-30 0000805676 us-gaap:OtherLiabilitiesMember 2019-01-01 2019-09-30 0000805676 2019-04-01 0000805676 prk:ConstructionRealEstateMortgageMember 2019-04-01 0000805676 us-gaap:FinanceLeasesPortfolioSegmentMember 2019-04-01 0000805676 prk:ResidentialRealEstateHomeEquityLineOfCreditMember 2019-04-01 0000805676 us-gaap:CommercialRealEstateMember 2019-04-01 0000805676 prk:CommercialFinancialAgriculturalMember 2019-04-01 0000805676 prk:ConstructionRealEstateCommercialDomain 2019-04-01 0000805676 prk:ResidentialRealEstateCommercialMember 2019-04-01 0000805676 prk:ResidentialRealEstateMortgageMember 2019-04-01 0000805676 us-gaap:ConsumerLoanMember 2019-04-01 0000805676 prk:PurchasedcreditimpairedMember 2019-04-01 0000805676 2018-07-01 0000805676 2018-01-01 2018-12-31 0000805676 prk:CarolinaAllianceMember 2019-01-01 2019-09-30 0000805676 prk:NewDominionMember 2018-07-01 2018-09-30 0000805676 us-gaap:CommonStockMember 2018-07-01 0000805676 us-gaap:PerformingFinancingReceivableMember 2018-07-01 0000805676 prk:CarolinaAllianceMember 2019-07-01 2019-09-30 0000805676 us-gaap:CommonStockMember 2019-04-01 0000805676 prk:CarolinaAllianceMember 2018-01-01 2018-09-30 0000805676 us-gaap:PerformingFinancingReceivableMember 2019-04-01 0000805676 prk:NewDominionMember 2019-01-01 2019-09-30 0000805676 prk:NewDominionMember 2019-07-01 2019-09-30 0000805676 prk:NewDominionMember 2018-01-01 2018-09-30 0000805676 prk:ResidentialRealEstateHomeEquityLineOfCreditMember 2018-07-01 0000805676 prk:ConstructionRealEstateMortgageMember 2018-07-01 0000805676 prk:ResidentialRealEstateMortgageMember 2018-07-01 0000805676 us-gaap:CommercialRealEstateMember 2018-07-01 0000805676 prk:ConstructionRealEstateCommercialDomain 2018-07-01 0000805676 prk:PurchasedcreditimpairedMember 2018-07-01 0000805676 us-gaap:ConsumerLoanMember 2018-07-01 0000805676 prk:ResidentialRealEstateCommercialMember 2018-07-01 0000805676 prk:CommercialFinancialAgriculturalMember 2018-07-01 0000805676 us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember 2019-09-30 0000805676 us-gaap:USStatesAndPoliticalSubdivisionsMember 2019-09-30 0000805676 us-gaap:USStatesAndPoliticalSubdivisionsMember 2018-12-31 0000805676 us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember 2018-12-31 0000805676 prk:QTDSoldMember prk:SecuritiessoldatagainMember 2019-09-30 0000805676 prk:QTDSoldMember prk:SecuritiessoldatalossMember 2019-09-30 0000805676 us-gaap:CollateralPledgedMember 2019-09-30 0000805676 prk:SecuritiessoldatagainMember 2018-01-01 2018-09-30 0000805676 us-gaap:CollateralPledgedMember 2018-12-31 0000805676 prk:SecuritiessoldatagainMember 2018-09-30 0000805676 prk:SecuritiessoldatagainMember 2019-07-01 2019-09-30 0000805676 prk:SecuritiessoldatalossMember 2018-01-01 2018-09-30 0000805676 prk:SecuritiessoldatagainMember 2019-09-30 0000805676 prk:SecuritiessoldatalossMember 2018-09-30 0000805676 prk:SecuritiessoldatalossMember 2019-01-01 2019-09-30 0000805676 prk:SecuritiessoldatagainMember 2019-01-01 2019-09-30 0000805676 prk:SecuritiessoldatalossMember 2019-07-01 2019-09-30 0000805676 prk:SecuritiessoldatalossMember 2019-09-30 0000805676 us-gaap:InvestmentsMember 2018-01-01 2018-09-30 0000805676 us-gaap:EquitySecuritiesMember 2019-07-01 2019-09-30 0000805676 us-gaap:InvestmentsMember 2019-01-01 2019-09-30 0000805676 us-gaap:EquitySecuritiesMember 2018-07-01 2018-09-30 0000805676 prk:SecuritiespurchasedMember 2019-09-30 0000805676 prk:ResidentialRealEstateHomeEquityLineOfCreditMember 2018-12-31 0000805676 prk:ConstructionRealEstateMortgageMember 2018-12-31 0000805676 prk:ConstructionRealEstateCommercialDomain 2018-12-31 0000805676 prk:ResidentialRealEstateInstallmentMember 2018-12-31 0000805676 us-gaap:CommercialRealEstatePortfolioSegmentMember 2018-12-31 0000805676 prk:ResidentialRealEstateMortgageMember 2018-12-31 0000805676 us-gaap:FinanceLeasesPortfolioSegmentMember 2018-12-31 0000805676 prk:ResidentialRealEstateCommercialMember 2018-12-31 0000805676 prk:ConstructionRealEstateInstallmentMember 2018-12-31 0000805676 prk:CommercialFinancialAndAgriculturalMember 2018-12-31 0000805676 us-gaap:ConsumerPortfolioSegmentMember 2018-12-31 0000805676 prk:CommercialFinancialAndAgriculturalMember 2018-12-31 0000805676 prk:FinancingReceivableWithRelatedAllowanceRecordedMember us-gaap:CommercialRealEstatePortfolioSegmentMember 2018-12-31 0000805676 prk:CommercialFinancialAndAgriculturalMember prk:FinancingReceivableWithNoRelatedAllowanceRecordedMember 2018-12-31 0000805676 prk:FinancingReceivableWithRelatedAllowanceRecordedMember us-gaap:CommercialRealEstatePortfolioSegmentMember 2019-09-30 0000805676 prk:ResidentialRealEstateCommercialMember prk:FinancingReceivableWithNoRelatedAllowanceRecordedMember 2019-09-30 0000805676 prk:ResidentialRealEstateCommercialMember prk:FinancingReceivableWithRelatedAllowanceRecordedMember 2019-09-30 0000805676 prk:ConstructionRealEstateCommercialDomain prk:FinancingReceivableWithNoRelatedAllowanceRecordedMember 2018-12-31 0000805676 prk:FinancingReceivableWithNoRelatedAllowanceRecordedMember us-gaap:CommercialRealEstatePortfolioSegmentMember 2018-12-31 0000805676 prk:CommercialFinancialAndAgriculturalMember prk:FinancingReceivableWithRelatedAllowanceRecordedMember 2018-12-31 0000805676 prk:ConstructionRealEstateCommercialDomain prk:FinancingReceivableWithNoRelatedAllowanceRecordedMember 2019-09-30 0000805676 prk:CommercialFinancialAndAgriculturalMember prk:FinancingReceivableWithNoRelatedAllowanceRecordedMember 2019-09-30 0000805676 prk:FinancingReceivableWithRelatedAllowanceRecordedMember us-gaap:FinanceLeasesPortfolioSegmentMember 2019-09-30 0000805676 prk:CommercialFinancialAndAgriculturalMember prk:FinancingReceivableWithRelatedAllowanceRecordedMember 2019-09-30 0000805676 prk:ResidentialRealEstateCommercialMember prk:FinancingReceivableWithRelatedAllowanceRecordedMember 2018-12-31 0000805676 prk:ResidentialRealEstateCommercialMember prk:FinancingReceivableWithNoRelatedAllowanceRecordedMember 2018-12-31 0000805676 prk:FinancingReceivableWithNoRelatedAllowanceRecordedMember us-gaap:FinanceLeasesPortfolioSegmentMember 2019-09-30 0000805676 prk:FinancingReceivableWithNoRelatedAllowanceRecordedMember us-gaap:FinanceLeasesPortfolioSegmentMember 2018-12-31 0000805676 prk:FinancingReceivableWithNoRelatedAllowanceRecordedMember us-gaap:CommercialRealEstatePortfolioSegmentMember 2019-09-30 0000805676 prk:ConstructionRealEstateCommercialDomain prk:PurchasedcreditimpairedMember 2019-09-30 0000805676 us-gaap:CommercialRealEstatePortfolioSegmentMember prk:RecordedInvestmentMember 2019-09-30 0000805676 us-gaap:FinanceLeasesPortfolioSegmentMember prk:SixRatedMember 2019-09-30 0000805676 prk:SixRatedMember 2019-09-30 0000805676 prk:ConstructionRealEstateCommercialDomain us-gaap:PassMember 2019-09-30 0000805676 prk:CommercialFinancialAgriculturalMember us-gaap:PassMember 2019-09-30 0000805676 prk:ResidentialRealEstateCommercialMember prk:ImpairedMember 2019-09-30 0000805676 prk:ConstructionRealEstateCommercialDomain prk:RecordedInvestmentMember 2019-09-30 0000805676 us-gaap:CommercialRealEstatePortfolioSegmentMember prk:FiveRatedMember 2019-09-30 0000805676 prk:CommercialFinancialAgriculturalMember prk:RecordedInvestmentMember 2019-09-30 0000805676 us-gaap:PassMember 2019-09-30 0000805676 prk:ResidentialRealEstateCommercialMember prk:SixRatedMember 2019-09-30 0000805676 prk:ConstructionRealEstateCommercialDomain prk:FiveRatedMember 2019-09-30 0000805676 us-gaap:CommercialRealEstatePortfolioSegmentMember prk:PurchasedcreditimpairedMember 2019-09-30 0000805676 us-gaap:CommercialRealEstatePortfolioSegmentMember prk:SixRatedMember 2019-09-30 0000805676 prk:ImpairedMember 2019-09-30 0000805676 us-gaap:CommercialRealEstatePortfolioSegmentMember prk:ImpairedMember 2019-09-30 0000805676 us-gaap:FinanceLeasesPortfolioSegmentMember prk:ImpairedMember 2019-09-30 0000805676 prk:CommercialFinancialAgriculturalMember prk:SixRatedMember 2019-09-30 0000805676 prk:ConstructionRealEstateCommercialDomain prk:ImpairedMember 2019-09-30 0000805676 prk:ResidentialRealEstateCommercialMember us-gaap:PassMember 2019-09-30 0000805676 us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:PassMember 2019-09-30 0000805676 prk:ResidentialRealEstateCommercialMember prk:RecordedInvestmentMember 2019-09-30 0000805676 prk:CommercialFinancialAgriculturalMember prk:FiveRatedMember 2019-09-30 0000805676 us-gaap:FinanceLeasesPortfolioSegmentMember prk:FiveRatedMember 2019-09-30 0000805676 prk:FiveRatedMember 2019-09-30 0000805676 prk:CommercialFinancialAgriculturalMember prk:ImpairedMember 2019-09-30 0000805676 us-gaap:FinanceLeasesPortfolioSegmentMember us-gaap:PassMember 2019-09-30 0000805676 prk:ResidentialRealEstateCommercialMember prk:FiveRatedMember 2019-09-30 0000805676 prk:RecordedInvestmentMember 2019-09-30 0000805676 prk:ResidentialRealEstateCommercialMember prk:PurchasedcreditimpairedMember 2019-09-30 0000805676 prk:CommercialFinancialAgriculturalMember prk:PurchasedcreditimpairedMember 2019-09-30 0000805676 prk:PurchasedcreditimpairedMember 2019-09-30 0000805676 us-gaap:FinanceLeasesPortfolioSegmentMember prk:RecordedInvestmentMember 2019-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:CommercialFinancialAndAgriculturalMember 2019-01-01 2019-09-30 0000805676 us-gaap:ConsumerPortfolioSegmentMember 2019-01-01 2019-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember us-gaap:CommercialRealEstatePortfolioSegmentMember 2019-01-01 2019-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember 2019-01-01 2019-09-30 0000805676 prk:ResidentialRealEstateCommercialMember 2019-01-01 2019-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateHomeEquityLineOfCreditMember 2019-01-01 2019-09-30 0000805676 prk:ConstructionRealEstateCommercialDomain 2019-01-01 2019-09-30 0000805676 us-gaap:CommercialRealEstatePortfolioSegmentMember 2019-01-01 2019-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ConstructionRealEstateMortgageMember 2019-01-01 2019-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateInstallmentMember 2019-01-01 2019-09-30 0000805676 prk:ResidentialRealEstateInstallmentMember 2019-01-01 2019-09-30 0000805676 prk:ResidentialRealEstateInstallmentMember 2019-01-01 2019-09-30 0000805676 prk:CommercialFinancialAndAgriculturalMember 2019-01-01 2019-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember prk:ConstructionRealEstateMortgageMember 2019-01-01 2019-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateInstallmentMember 2019-01-01 2019-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateCommercialMember 2019-01-01 2019-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateHomeEquityLineOfCreditMember 2019-01-01 2019-09-30 0000805676 prk:ResidentialRealEstateHomeEquityLineOfCreditMember 2019-01-01 2019-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember 2019-01-01 2019-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember us-gaap:ConsumerPortfolioSegmentMember 2019-01-01 2019-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember prk:ConstructionRealEstateInstallmentMember 2019-01-01 2019-09-30 0000805676 prk:ConstructionRealEstateInstallmentMember 2019-01-01 2019-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateMortgageMember 2019-01-01 2019-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember us-gaap:CommercialRealEstatePortfolioSegmentMember 2019-01-01 2019-09-30 0000805676 prk:ResidentialRealEstateMortgageMember 2019-01-01 2019-09-30 0000805676 prk:ConstructionRealEstateMortgageMember 2019-01-01 2019-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember us-gaap:ConsumerPortfolioSegmentMember 2019-01-01 2019-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateCommercialMember 2019-01-01 2019-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember prk:ConstructionRealEstateCommercialDomain 2019-01-01 2019-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember prk:CommercialFinancialAndAgriculturalMember 2019-01-01 2019-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ConstructionRealEstateCommercialDomain 2019-01-01 2019-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateMortgageMember 2019-01-01 2019-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ConstructionRealEstateInstallmentMember 2019-01-01 2019-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:CommercialFinancialAndAgriculturalMember 2018-07-01 2018-09-30 0000805676 prk:ResidentialRealEstateMortgageMember 2018-07-01 2018-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember us-gaap:CommercialRealEstatePortfolioSegmentMember 2018-07-01 2018-09-30 0000805676 prk:CommercialFinancialAndAgriculturalMember 2018-07-01 2018-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateHomeEquityLineOfCreditMember 2018-07-01 2018-09-30 0000805676 us-gaap:CommercialRealEstatePortfolioSegmentMember 2018-07-01 2018-09-30 0000805676 us-gaap:ConsumerPortfolioSegmentMember 2018-07-01 2018-09-30 0000805676 prk:ResidentialRealEstateInstallmentMember 2018-07-01 2018-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember 2018-07-01 2018-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateMortgageMember 2018-07-01 2018-09-30 0000805676 prk:ConstructionRealEstateInstallmentMember 2018-07-01 2018-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember prk:CommercialFinancialAndAgriculturalMember 2018-07-01 2018-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ConstructionRealEstateMortgageMember 2018-07-01 2018-09-30 0000805676 prk:ConstructionRealEstateMortgageMember 2018-07-01 2018-09-30 0000805676 prk:ResidentialRealEstateHomeEquityLineOfCreditMember 2018-07-01 2018-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember 2018-07-01 2018-09-30 0000805676 prk:ResidentialRealEstateCommercialMember 2018-07-01 2018-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateCommercialMember 2018-07-01 2018-09-30 0000805676 prk:ConstructionRealEstateCommercialDomain 2018-07-01 2018-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateMortgageMember 2018-07-01 2018-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateHomeEquityLineOfCreditMember 2018-07-01 2018-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember us-gaap:ConsumerPortfolioSegmentMember 2018-07-01 2018-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateInstallmentMember 2018-07-01 2018-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ConstructionRealEstateInstallmentMember 2018-07-01 2018-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember us-gaap:ConsumerPortfolioSegmentMember 2018-07-01 2018-09-30 0000805676 prk:ResidentialRealEstateInstallmentMember 2018-07-01 2018-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateCommercialMember 2018-07-01 2018-09-30 0000805676 us-gaap:FinanceLeasesPortfolioSegmentMember prk:ImpairedMember 2018-12-31 0000805676 prk:ResidentialRealEstateCommercialMember prk:RecordedInvestmentMember 2018-12-31 0000805676 us-gaap:FinanceLeasesPortfolioSegmentMember prk:PurchasedcreditimpairedMember 2018-12-31 0000805676 prk:ResidentialRealEstateCommercialMember us-gaap:PassMember 2018-12-31 0000805676 prk:CommercialFinancialAgriculturalMember prk:RecordedInvestmentMember 2018-12-31 0000805676 us-gaap:FinanceLeasesPortfolioSegmentMember prk:RecordedInvestmentMember 2018-12-31 0000805676 prk:ConstructionRealEstateCommercialDomain prk:PurchasedcreditimpairedMember 2018-12-31 0000805676 prk:SixRatedMember 2018-12-31 0000805676 prk:CommercialFinancialAgriculturalMember us-gaap:PassMember 2018-12-31 0000805676 prk:CommercialFinancialAgriculturalMember prk:SixRatedMember 2018-12-31 0000805676 prk:ResidentialRealEstateCommercialMember prk:SixRatedMember 2018-12-31 0000805676 prk:ConstructionRealEstateCommercialDomain us-gaap:PassMember 2018-12-31 0000805676 prk:RecordedInvestmentMember 2018-12-31 0000805676 us-gaap:CommercialRealEstatePortfolioSegmentMember prk:FiveRatedMember 2018-12-31 0000805676 us-gaap:FinanceLeasesPortfolioSegmentMember us-gaap:PassMember 2018-12-31 0000805676 prk:ConstructionRealEstateCommercialDomain prk:RecordedInvestmentMember 2018-12-31 0000805676 us-gaap:CommercialRealEstatePortfolioSegmentMember prk:PurchasedcreditimpairedMember 2018-12-31 0000805676 prk:CommercialFinancialAgriculturalMember prk:ImpairedMember 2018-12-31 0000805676 prk:ImpairedMember 2018-12-31 0000805676 prk:ResidentialRealEstateCommercialMember prk:FiveRatedMember 2018-12-31 0000805676 prk:CommercialFinancialAgriculturalMember prk:FiveRatedMember 2018-12-31 0000805676 prk:ConstructionRealEstateCommercialDomain prk:ImpairedMember 2018-12-31 0000805676 us-gaap:CommercialRealEstatePortfolioSegmentMember prk:RecordedInvestmentMember 2018-12-31 0000805676 prk:ResidentialRealEstateCommercialMember prk:PurchasedcreditimpairedMember 2018-12-31 0000805676 prk:ResidentialRealEstateCommercialMember prk:ImpairedMember 2018-12-31 0000805676 us-gaap:FinanceLeasesPortfolioSegmentMember prk:FiveRatedMember 2018-12-31 0000805676 prk:FiveRatedMember 2018-12-31 0000805676 prk:PurchasedcreditimpairedMember 2018-12-31 0000805676 us-gaap:FinanceLeasesPortfolioSegmentMember prk:SixRatedMember 2018-12-31 0000805676 us-gaap:CommercialRealEstatePortfolioSegmentMember prk:ImpairedMember 2018-12-31 0000805676 prk:ConstructionRealEstateCommercialDomain prk:FiveRatedMember 2018-12-31 0000805676 prk:CommercialFinancialAgriculturalMember prk:PurchasedcreditimpairedMember 2018-12-31 0000805676 prk:ConstructionRealEstateCommercialDomain prk:SixRatedMember 2018-12-31 0000805676 us-gaap:PassMember 2018-12-31 0000805676 us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:PassMember 2018-12-31 0000805676 prk:ResidentialRealEstateHomeEquityLineOfCreditMember 2019-09-30 0000805676 prk:ConstructionRealEstateInstallmentMember 2019-09-30 0000805676 us-gaap:ConsumerPortfolioSegmentMember 2019-09-30 0000805676 prk:ResidentialRealEstateInstallmentMember 2019-09-30 0000805676 prk:ResidentialRealEstateMortgageMember 2019-09-30 0000805676 prk:CommercialFinancialAndAgriculturalMember 2019-09-30 0000805676 prk:ConstructionRealEstateMortgageMember 2019-09-30 0000805676 us-gaap:FinanceLeasesPortfolioSegmentMember 2019-09-30 0000805676 prk:ConstructionRealEstateCommercialDomain 2019-09-30 0000805676 prk:ResidentialRealEstateCommercialMember 2019-09-30 0000805676 us-gaap:CommercialRealEstatePortfolioSegmentMember 2019-09-30 0000805676 prk:CommercialFinancialAndAgriculturalMember 2019-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateCommercialMember 2019-07-01 2019-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember us-gaap:CommercialRealEstatePortfolioSegmentMember 2019-07-01 2019-09-30 0000805676 prk:ResidentialRealEstateCommercialMember 2019-07-01 2019-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateInstallmentMember 2019-07-01 2019-09-30 0000805676 prk:ResidentialRealEstateHomeEquityLineOfCreditMember 2019-07-01 2019-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember us-gaap:ConsumerPortfolioSegmentMember 2019-07-01 2019-09-30 0000805676 us-gaap:ConsumerPortfolioSegmentMember 2019-07-01 2019-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateHomeEquityLineOfCreditMember 2019-07-01 2019-09-30 0000805676 prk:ResidentialRealEstateInstallmentMember 2019-07-01 2019-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ConstructionRealEstateCommercialDomain 2019-07-01 2019-09-30 0000805676 prk:ResidentialRealEstateMortgageMember 2019-07-01 2019-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember 2019-07-01 2019-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateMortgageMember 2019-07-01 2019-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember us-gaap:ConsumerPortfolioSegmentMember 2019-07-01 2019-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember 2019-07-01 2019-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember prk:CommercialFinancialAndAgriculturalMember 2019-07-01 2019-09-30 0000805676 prk:ConstructionRealEstateMortgageMember 2019-07-01 2019-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ConstructionRealEstateMortgageMember 2019-07-01 2019-09-30 0000805676 prk:ConstructionRealEstateCommercialDomain 2019-07-01 2019-09-30 0000805676 prk:ResidentialRealEstateInstallmentMember 2019-07-01 2019-09-30 0000805676 us-gaap:CommercialRealEstatePortfolioSegmentMember 2019-07-01 2019-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:CommercialFinancialAndAgriculturalMember 2019-07-01 2019-09-30 0000805676 prk:CommercialFinancialAndAgriculturalMember 2019-07-01 2019-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateMortgageMember 2019-07-01 2019-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ConstructionRealEstateInstallmentMember 2019-07-01 2019-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateHomeEquityLineOfCreditMember 2019-07-01 2019-09-30 0000805676 prk:ConstructionRealEstateInstallmentMember 2019-07-01 2019-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateInstallmentMember 2019-07-01 2019-09-30 0000805676 us-gaap:LoansReceivableMember 2019-09-30 0000805676 us-gaap:LoansReceivableMember 2018-12-31 0000805676 us-gaap:FinanceLeasesPortfolioSegmentMember 2019-07-01 2019-09-30 0000805676 us-gaap:ConsumerLoanMember 2019-07-01 2019-09-30 0000805676 prk:ConstructionRealEstateInstallmentMember 2019-07-01 2019-09-30 0000805676 prk:ConstructionRealEstateMortgageMember 2018-07-01 2018-09-30 0000805676 us-gaap:ConsumerLoanMember 2018-07-01 2018-09-30 0000805676 prk:ConstructionRealEstateMortgageMember 2019-07-01 2019-09-30 0000805676 prk:ConstructionRealEstateInstallmentMember 2018-07-01 2018-09-30 0000805676 us-gaap:FinanceLeasesPortfolioSegmentMember 2018-07-01 2018-09-30 0000805676 prk:ResidentialRealEstateCommercialMember 2018-09-30 0000805676 prk:ConstructionRealEstateCommercialDomain 2018-09-30 0000805676 prk:ResidentialRealEstateCommercialMember us-gaap:FinanceLeasesPortfolioSegmentMember 2019-01-01 2019-09-30 0000805676 prk:CommercialFinancialAndAgriculturalMember 2018-09-30 0000805676 us-gaap:CommercialRealEstatePortfolioSegmentMember 2018-09-30 0000805676 prk:ResidentialRealEstateCommercialMember 2018-01-01 2018-09-30 0000805676 prk:ConstructionRealEstateCommercialDomain 2018-01-01 2018-09-30 0000805676 us-gaap:CommercialRealEstatePortfolioSegmentMember 2018-01-01 2018-09-30 0000805676 prk:CommercialFinancialAndAgriculturalMember 2018-01-01 2018-09-30 0000805676 prk:ResidentialRealEstateCommercialMember us-gaap:FinanceLeasesPortfolioSegmentMember 2019-09-30 0000805676 prk:ResidentialRealEstateCommercialMember us-gaap:FinanceLeasesPortfolioSegmentMember 2019-07-01 2019-09-30 0000805676 prk:ResidentialRealEstateHomeEquityLineOfCreditMember 2018-01-01 2018-09-30 0000805676 prk:ConstructionRealEstateInstallmentMember 2019-01-01 2019-09-30 0000805676 prk:ConstructionRealEstateMortgageMember 2018-01-01 2018-09-30 0000805676 us-gaap:FinanceLeasesPortfolioSegmentMember 2019-01-01 2019-09-30 0000805676 prk:ConstructionRealEstateMortgageMember 2019-01-01 2019-09-30 0000805676 us-gaap:ConsumerLoanMember 2019-01-01 2019-09-30 0000805676 prk:ResidentialRealEstateInstallmentMember 2018-01-01 2018-09-30 0000805676 us-gaap:ConsumerLoanMember 2018-01-01 2018-09-30 0000805676 us-gaap:FinanceLeasesPortfolioSegmentMember 2018-01-01 2018-09-30 0000805676 prk:ResidentialRealEstateMortgageMember 2018-01-01 2018-09-30 0000805676 prk:ConstructionRealEstateInstallmentMember 2018-01-01 2018-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember prk:ConstructionRealEstateCommercialDomain 2018-01-01 2018-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateInstallmentMember 2018-01-01 2018-09-30 0000805676 us-gaap:ConsumerPortfolioSegmentMember 2018-01-01 2018-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateInstallmentMember 2018-01-01 2018-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateHomeEquityLineOfCreditMember 2018-01-01 2018-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember prk:ConstructionRealEstateInstallmentMember 2018-01-01 2018-09-30 0000805676 prk:ConstructionRealEstateMortgageMember 2018-01-01 2018-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateCommercialMember 2018-01-01 2018-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember us-gaap:ConsumerPortfolioSegmentMember 2018-01-01 2018-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ConstructionRealEstateInstallmentMember 2018-01-01 2018-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:CommercialFinancialAndAgriculturalMember 2018-01-01 2018-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember us-gaap:CommercialRealEstatePortfolioSegmentMember 2018-01-01 2018-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateMortgageMember 2018-01-01 2018-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember prk:CommercialFinancialAndAgriculturalMember 2018-01-01 2018-09-30 0000805676 prk:ResidentialRealEstateInstallmentMember 2018-01-01 2018-09-30 0000805676 prk:ConstructionRealEstateInstallmentMember 2018-01-01 2018-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember us-gaap:ConsumerPortfolioSegmentMember 2018-01-01 2018-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember us-gaap:CommercialRealEstatePortfolioSegmentMember 2018-01-01 2018-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember 2018-01-01 2018-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateCommercialMember 2018-01-01 2018-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember 2018-01-01 2018-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ConstructionRealEstateCommercialDomain 2018-01-01 2018-09-30 0000805676 prk:AccruingFinancingReceivableModificationsMember prk:ConstructionRealEstateMortgageMember 2018-01-01 2018-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateMortgageMember 2018-01-01 2018-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember prk:ConstructionRealEstateMortgageMember 2018-01-01 2018-09-30 0000805676 prk:NonaccruingFinancingReceivableModificationsMember prk:ResidentialRealEstateHomeEquityLineOfCreditMember 2018-01-01 2018-09-30 0000805676 prk:FinancingReceivableWithNoRelatedAllowanceRecordedMember 2018-01-01 2018-12-31 0000805676 us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMember us-gaap:NonperformingFinancingReceivableMember us-gaap:CommercialPortfolioSegmentMember prk:PurchasedcreditimpairedMember 2019-09-30 0000805676 prk:CarolinaAllianceMember us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMember 2019-09-30 0000805676 us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMember 2018-07-01 0000805676 prk:FinancingReceivableWithRelatedAllowanceRecordedMember 2018-01-01 2018-12-31 0000805676 us-gaap:CommercialPortfolioSegmentMember 2018-01-01 2018-09-30 0000805676 us-gaap:ConsumerPortfolioSegmentMember 2019-07-01 2019-09-30 0000805676 us-gaap:ConsumerPortfolioSegmentMember 2018-01-01 2018-09-30 0000805676 us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMember 2019-09-30 0000805676 us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMember 2019-04-01 0000805676 us-gaap:CommercialPortfolioSegmentMember 2019-07-01 2019-09-30 0000805676 prk:CarolinaAllianceMember us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMember 2019-01-01 2019-09-30 0000805676 prk:NewDominionMember us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMember 2019-01-01 2019-09-30 0000805676 us-gaap:ConsumerPortfolioSegmentMember 2019-01-01 2019-09-30 0000805676 us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMember 2018-12-31 0000805676 us-gaap:CommercialPortfolioSegmentMember 2019-01-01 2019-09-30 0000805676 prk:FinancingReceivableWithNoRelatedAllowanceRecordedMember 2019-01-01 2019-09-30 0000805676 us-gaap:FinancialAssetAcquiredWithCreditDeteriorationMember us-gaap:NonperformingFinancingReceivableMember us-gaap:CommercialPortfolioSegmentMember prk:PurchasedcreditimpairedMember 2018-12-31 0000805676 us-gaap:CommercialPortfolioSegmentMember 2018-07-01 2018-09-30 0000805676 us-gaap:ConsumerPortfolioSegmentMember 2018-07-01 2018-09-30 0000805676 prk:FinancingReceivableWithRelatedAllowanceRecordedMember 2019-01-01 2019-09-30 0000805676 prk:ConstructionRealEstateMember 2017-12-31 0000805676 us-gaap:ResidentialPortfolioSegmentMember 2017-12-31 0000805676 us-gaap:ResidentialPortfolioSegmentMember 2018-01-01 2018-09-30 0000805676 us-gaap:FinanceLeasesPortfolioSegmentMember 2018-09-30 0000805676 prk:ConstructionRealEstateMember 2018-01-01 2018-09-30 0000805676 prk:CommercialFinancialAndAgriculturalMember 2018-09-30 0000805676 prk:CommercialFinancialAndAgriculturalMember 2018-01-01 2018-09-30 0000805676 us-gaap:ConsumerPortfolioSegmentMember 2018-09-30 0000805676 us-gaap:FinanceLeasesPortfolioSegmentMember 2017-12-31 0000805676 us-gaap:ResidentialPortfolioSegmentMember 2018-09-30 0000805676 prk:CommercialFinancialAndAgriculturalMember 2017-12-31 0000805676 us-gaap:ConsumerPortfolioSegmentMember 2017-12-31 0000805676 us-gaap:CommercialRealEstatePortfolioSegmentMember 2017-12-31 0000805676 prk:ConstructionRealEstateMember 2018-09-30 0000805676 2019-06-30 0000805676 us-gaap:FinanceLeasesPortfolioSegmentMember 2019-06-30 0000805676 prk:ConstructionRealEstateMember 2019-07-01 2019-09-30 0000805676 us-gaap:ResidentialPortfolioSegmentMember 2019-07-01 2019-09-30 0000805676 prk:CommercialFinancialAndAgriculturalMember 2019-07-01 2019-09-30 0000805676 us-gaap:ConsumerPortfolioSegmentMember 2019-06-30 0000805676 us-gaap:CommercialRealEstatePortfolioSegmentMember 2019-06-30 0000805676 prk:ConstructionRealEstateMember 2019-09-30 0000805676 us-gaap:ResidentialPortfolioSegmentMember 2019-06-30 0000805676 prk:CommercialFinancialAndAgriculturalMember 2019-06-30 0000805676 prk:ConstructionRealEstateMember 2019-06-30 0000805676 us-gaap:ResidentialPortfolioSegmentMember 2019-09-30 0000805676 prk:ConstructionRealEstateMember 2019-01-01 2019-09-30 0000805676 us-gaap:ResidentialPortfolioSegmentMember 2019-01-01 2019-09-30 0000805676 prk:CommercialFinancialAndAgriculturalMember 2019-01-01 2019-09-30 0000805676 prk:ConstructionRealEstateMember 2018-12-31 0000805676 us-gaap:ResidentialPortfolioSegmentMember 2018-12-31 0000805676 2017-01-01 2017-12-31 0000805676 us-gaap:ResidentialPortfolioSegmentMember 2018-07-01 2018-09-30 0000805676 prk:CommercialFinancialAndAgriculturalMember 2018-06-30 0000805676 prk:ConstructionRealEstateMember 2018-07-01 2018-09-30 0000805676 2018-06-30 0000805676 prk:CommercialFinancialAndAgriculturalMember 2018-07-01 2018-09-30 0000805676 us-gaap:CommercialRealEstatePortfolioSegmentMember 2018-06-30 0000805676 us-gaap:FinanceLeasesPortfolioSegmentMember 2018-06-30 0000805676 prk:ConstructionRealEstateMember 2018-06-30 0000805676 us-gaap:ConsumerPortfolioSegmentMember 2018-06-30 0000805676 us-gaap:ResidentialPortfolioSegmentMember 2018-06-30 0000805676 us-gaap:RealEstateLoanMember 2018-12-31 0000805676 us-gaap:RealEstateLoanMember 2019-09-30 0000805676 us-gaap:CoreDepositsMember 2019-09-30 0000805676 us-gaap:TradeNamesMember 2019-09-30 0000805676 us-gaap:CoreDepositsMember 2018-12-31 0000805676 us-gaap:TradeNamesMember 2018-12-31 0000805676 us-gaap:CommercialRealEstateMember 2018-12-31 0000805676 us-gaap:ResidentialRealEstateMember 2019-09-30 0000805676 us-gaap:ResidentialRealEstateMember 2018-12-31 0000805676 us-gaap:CommercialRealEstateMember 2019-09-30 0000805676 us-gaap:OtherLiabilitiesMember 2019-09-30 0000805676 us-gaap:OtherAssetsMember 2018-12-31 0000805676 us-gaap:OtherLiabilitiesMember 2018-12-31 0000805676 us-gaap:OtherAssetsMember 2019-09-30 0000805676 us-gaap:MaturityUpTo30DaysMember 2018-12-31 0000805676 us-gaap:MaturityOver90DaysMember 2018-12-31 0000805676 us-gaap:Maturity30To90DaysMember 2018-12-31 0000805676 us-gaap:Maturity30To90DaysMember 2019-09-30 0000805676 us-gaap:MaturityOvernightMember 2019-09-30 0000805676 us-gaap:MaturityOvernightMember 2018-12-31 0000805676 us-gaap:MaturityUpTo30DaysMember 2019-09-30 0000805676 us-gaap:MaturityOver90DaysMember 2019-09-30 0000805676 us-gaap:OtherAssetsMember prk:LoanDerivativeMember 2019-01-01 2019-09-30 0000805676 us-gaap:OtherAssetsMember prk:BorrowingDerivativeMember 2019-09-30 0000805676 us-gaap:OtherAssetsMember prk:BorrowingDerivativeMember 2019-01-01 2019-09-30 0000805676 us-gaap:OtherLiabilitiesMember prk:LoanDerivativeMember 2019-01-01 2019-09-30 0000805676 us-gaap:IndividuallyImmaterialCounterpartiesMember us-gaap:OtherLiabilitiesMember prk:LoanDerivativeMember 2019-01-01 2019-09-30 0000805676 us-gaap:OtherLiabilitiesMember prk:BorrowingDerivativeMember 2019-09-30 0000805676 us-gaap:OtherAssetsMember us-gaap:InterestRateSwapMember 2019-09-30 0000805676 us-gaap:IndividuallyImmaterialCounterpartiesMember us-gaap:OtherAssetsMember prk:LoanDerivativeMember 2019-01-01 2019-09-30 0000805676 us-gaap:OtherLiabilitiesMember us-gaap:InterestRateSwapMember 2019-01-01 2019-09-30 0000805676 us-gaap:IndividuallyImmaterialCounterpartiesMember us-gaap:OtherLiabilitiesMember prk:LoanDerivativeMember 2019-09-30 0000805676 us-gaap:OtherAssetsMember us-gaap:InterestRateSwapMember 2019-01-01 2019-09-30 0000805676 us-gaap:OtherAssetsMember prk:LoanDerivativeMember 2019-09-30 0000805676 us-gaap:OtherLiabilitiesMember us-gaap:InterestRateSwapMember 2019-09-30 0000805676 us-gaap:OtherLiabilitiesMember prk:BorrowingDerivativeMember 2019-01-01 2019-09-30 0000805676 us-gaap:IndividuallyImmaterialCounterpartiesMember us-gaap:OtherAssetsMember prk:LoanDerivativeMember 2019-09-30 0000805676 us-gaap:OtherLiabilitiesMember prk:LoanDerivativeMember 2019-09-30 0000805676 prk:LoanDerivativeMember 2019-09-30 0000805676 us-gaap:SwapMember 2019-09-30 0000805676 prk:BorrowingDerivativeMember 2019-09-30 0000805676 prk:BorrowingDerivativeMember 2018-12-31 0000805676 prk:LoanDerivativeMember 2018-12-31 0000805676 prk:InterestRateLockCommitmentMember 2019-09-30 0000805676 prk:InterestRateLockCommitmentMember 2018-12-31 0000805676 prk:BorrowingDerivativeMember 2019-01-01 2019-09-30 0000805676 prk:LoanDerivativeMember 2019-01-01 2019-09-30 0000805676 us-gaap:NewAccountingPronouncementMember 2017-12-31 0000805676 us-gaap:DebtSecuritiesMember us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-12-31 0000805676 us-gaap:PensionPlansDefinedBenefitMember us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-12-31 0000805676 us-gaap:PerformanceSharesMember us-gaap:CommonStockMember 2019-07-01 2019-09-30 0000805676 us-gaap:CommonStockMember 2019-01-01 2019-09-30 0000805676 us-gaap:PerformanceSharesMember us-gaap:CommonStockMember 2018-01-01 2018-09-30 0000805676 us-gaap:PerformanceSharesMember us-gaap:CommonStockMember 2019-01-01 2019-09-30 0000805676 us-gaap:CommonStockMember 2018-01-01 2018-09-30 0000805676 us-gaap:RestrictedStockUnitsRSUMember 2019-01-01 2019-09-30 0000805676 prk:GuardianSegmentMember 2018-01-01 2018-09-30 0000805676 prk:PnbSegmentMember 2018-01-01 2018-09-30 0000805676 us-gaap:AllOtherSegmentsMember 2018-01-01 2018-09-30 0000805676 prk:PnbSegmentMember 2019-07-01 2019-09-30 0000805676 prk:GuardianSegmentMember 2019-07-01 2019-09-30 0000805676 us-gaap:AllOtherSegmentsMember 2019-07-01 2019-09-30 0000805676 prk:PnbSegmentMember 2019-09-30 0000805676 prk:GuardianSegmentMember 2019-09-30 0000805676 us-gaap:AllOtherSegmentsMember 2019-09-30 0000805676 prk:GuardianSegmentMember 2018-07-01 2018-09-30 0000805676 prk:PnbSegmentMember 2018-07-01 2018-09-30 0000805676 us-gaap:AllOtherSegmentsMember 2018-07-01 2018-09-30 0000805676 prk:GuardianSegmentMember 2018-09-30 0000805676 prk:PnbSegmentMember 2018-09-30 0000805676 us-gaap:AllOtherSegmentsMember 2018-09-30 0000805676 us-gaap:AllOtherSegmentsMember 2019-01-01 2019-09-30 0000805676 prk:GuardianSegmentMember 2019-01-01 2019-09-30 0000805676 prk:PnbSegmentMember 2019-01-01 2019-09-30 0000805676 us-gaap:PerformanceSharesMember prk:A2017EmployeesLongTermIncentivePlanMember 2019-01-01 2019-09-30 0000805676 us-gaap:RestrictedStockUnitsRSUMember prk:A2017EmployeesLongTermIncentivePlanMember 2019-01-01 2019-09-30 0000805676 prk:A2017NonEmployeeDirectorsLTIPMember 2019-09-30 0000805676 prk:A2017EmployeesLongTermIncentivePlanMember 2019-09-30 0000805676 us-gaap:RestrictedStockUnitsRSUMember prk:A2017EmployeesLongTermIncentivePlanMember 2018-01-01 2018-12-31 0000805676 prk:A2013LongTermIncentivePlanMember 2019-09-30 0000805676 us-gaap:PerformanceSharesMember prk:A2013LongTermIncentivePlanMember 2018-01-01 2018-09-30 0000805676 us-gaap:PerformanceSharesMember prk:A2017EmployeesLongTermIncentivePlanMember 2019-07-01 2019-09-30 0000805676 prk:ExpensetobepaidYearTwoDomain 2019-09-30 0000805676 prk:ExpensetobepaidYearThreeDomain 2019-09-30 0000805676 prk:ExpensetobepaidYearFiveDomain 2019-09-30 0000805676 prk:ExpensetobepaidYearFourDomain 2019-09-30 0000805676 prk:ExpensetobepaidnexttwelvemonthsDomain 2019-09-30 0000805676 prk:A2017EmployeesLongTermIncentivePlanMember 2019-01-01 2019-09-30 0000805676 us-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMember 2019-01-01 2019-09-30 0000805676 us-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMember 2018-01-01 2018-09-30 0000805676 us-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMember 2018-07-01 2018-09-30 0000805676 us-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMember 2019-07-01 2019-09-30 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsNonrecurringMember 2019-09-30 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsNonrecurringMember 2018-12-31 0000805676 us-gaap:FairValueMeasuredAtNetAssetValuePerShareMember 2019-09-30 0000805676 us-gaap:FairValueMeasuredAtNetAssetValuePerShareMember 2018-12-31 0000805676 us-gaap:FairValueMeasurementsNonrecurringMember prk:ConstructionRealEstateMember 2018-12-31 0000805676 us-gaap:FairValueMeasurementsNonrecurringMember 2018-12-31 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsNonrecurringMember prk:ConstructionRealEstateMember 2018-12-31 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:ResidentialRealEstateMember 2018-12-31 0000805676 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:CommercialRealEstatePortfolioSegmentMember 2018-12-31 0000805676 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:CommercialRealEstateMember 2018-12-31 0000805676 prk:ConstructionRealEstateRemainingCommercialMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsNonrecurringMember 2018-12-31 0000805676 us-gaap:ResidentialRealEstateMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsNonrecurringMember 2018-12-31 0000805676 us-gaap:ResidentialRealEstateMember us-gaap:FairValueMeasurementsNonrecurringMember 2018-12-31 0000805676 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsNonrecurringMember 2018-12-31 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:CommercialRealEstateMember 2018-12-31 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:CommercialRealEstatePortfolioSegmentMember 2018-12-31 0000805676 prk:ConstructionRealEstateRemainingCommercialMember us-gaap:FairValueMeasurementsNonrecurringMember 2018-12-31 0000805676 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:ResidentialRealEstateMember 2018-12-31 0000805676 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:EquitySecuritiesMember 2018-12-31 0000805676 us-gaap:FairValueMeasurementsRecurringMember us-gaap:EquitySecuritiesMember 2018-12-31 0000805676 us-gaap:FairValueMeasurementsRecurringMember prk:USGovernmentSponsoredEntitiesAssetBackedSecuritiesMember 2018-12-31 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:SwapMember 2018-12-31 0000805676 us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0000805676 us-gaap:FairValueMeasurementsRecurringMember us-gaap:SwapMember 2018-12-31 0000805676 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:EquitySecuritiesMember 2018-12-31 0000805676 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember prk:USGovernmentSponsoredEntitiesAssetBackedSecuritiesMember 2018-12-31 0000805676 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:CommercialRealEstatePortfolioSegmentMember 2019-09-30 0000805676 us-gaap:ResidentialRealEstateMember us-gaap:FairValueMeasurementsNonrecurringMember 2019-09-30 0000805676 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:ResidentialRealEstateMember 2019-09-30 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:CommercialRealEstateMember 2019-09-30 0000805676 us-gaap:FairValueMeasurementsNonrecurringMember 2019-09-30 0000805676 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:CommercialRealEstateMember 2019-09-30 0000805676 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsNonrecurringMember 2019-09-30 0000805676 prk:ConstructionRealEstateRemainingCommercialMember us-gaap:FairValueMeasurementsNonrecurringMember 2019-09-30 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:ResidentialRealEstateMember 2019-09-30 0000805676 prk:ConstructionRealEstateRemainingCommercialMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsNonrecurringMember 2019-09-30 0000805676 us-gaap:ResidentialRealEstateMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsNonrecurringMember 2019-09-30 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:CommercialRealEstatePortfolioSegmentMember 2019-09-30 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:SwapMember 2017-12-31 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:SwapMember 2019-01-01 2019-09-30 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:EquitySecuritiesMember 2017-12-31 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:EquitySecuritiesMember 2018-09-30 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:SwapMember 2018-01-01 2018-09-30 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:EquitySecuritiesMember 2018-01-01 2018-09-30 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:EquitySecuritiesMember 2019-01-01 2019-09-30 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:SwapMember 2018-09-30 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:EquitySecuritiesMember 2019-09-30 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:SwapMember 2019-09-30 0000805676 prk:ConstructionRealEstateRemainingCommercialMember us-gaap:FairValueInputsLevel3Member us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:FairValueMeasurementsNonrecurringMember prk:ConstructionRealEstateMember 2019-09-30 0000805676 us-gaap:RealEstateMember us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:CommercialRealEstatePortfolioSegmentMember 2019-09-30 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:CommercialRealEstatePortfolioSegmentMember 2019-09-30 0000805676 us-gaap:RealEstateMember us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:ResidentialRealEstateMember 2019-09-30 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:ResidentialRealEstateMember 2019-09-30 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:SwapMember 2018-06-30 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:SwapMember 2019-06-30 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:EquitySecuritiesMember 2018-06-30 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:SwapMember 2018-07-01 2018-09-30 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:EquitySecuritiesMember 2019-06-30 0000805676 us-gaap:CarryingReportedAmountFairValueDisclosureMember us-gaap:EquitySecuritiesMember 2018-12-31 0000805676 us-gaap:FairValueInputsLevel2Member 2018-12-31 0000805676 us-gaap:FairValueInputsLevel1Member 2018-12-31 0000805676 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2018-12-31 0000805676 us-gaap:FairValueInputsLevel3Member 2018-12-31 0000805676 us-gaap:SwapMember 2018-12-31 0000805676 us-gaap:EstimateOfFairValueFairValueDisclosureMember 2018-12-31 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:SwapMember 2018-12-31 0000805676 us-gaap:EquitySecuritiesMember 2018-12-31 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:EquitySecuritiesMember 2018-12-31 0000805676 us-gaap:CarryingReportedAmountFairValueDisclosureMember us-gaap:SwapMember 2018-12-31 0000805676 us-gaap:FairValueInputsLevel1Member us-gaap:EquitySecuritiesMember 2018-12-31 0000805676 prk:CommercialReceivablesExcludingCommercialFinancialAndAgriculturalDomain 2019-09-30 0000805676 prk:FinancingReceivableNotCollateralDependentDomain 2019-09-30 0000805676 prk:CommercialReceivablesExcludingCommercialFinancialAndAgriculturalDomain 2018-12-31 0000805676 prk:FinancingReceivableNotCollateralDependentDomain 2018-12-31 0000805676 us-gaap:LoansReceivableMember us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:ResidentialRealEstateMember 2018-12-31 0000805676 us-gaap:LoansReceivableMember us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:CommercialRealEstatePortfolioSegmentMember 2018-12-31 0000805676 us-gaap:RealEstateMember us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:CommercialRealEstatePortfolioSegmentMember 2018-12-31 0000805676 us-gaap:RealEstateMember us-gaap:FairValueMeasurementsNonrecurringMember prk:ConstructionRealEstateMember 2018-12-31 0000805676 us-gaap:RealEstateMember us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:ResidentialRealEstateMember 2018-12-31 0000805676 us-gaap:LoansReceivableMember us-gaap:FairValueMeasurementsNonrecurringMember prk:ConstructionRealEstateRemainingCommercialMember 2018-12-31 0000805676 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2019-09-30 0000805676 us-gaap:FairValueInputsLevel3Member 2019-09-30 0000805676 us-gaap:FairValueInputsLevel1Member 2019-09-30 0000805676 us-gaap:CarryingReportedAmountFairValueDisclosureMember us-gaap:SwapMember 2019-09-30 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:SwapMember 2019-09-30 0000805676 us-gaap:LoansReceivableMember 2019-09-30 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:LoansReceivableMember 2019-09-30 0000805676 us-gaap:FairValueInputsLevel2Member us-gaap:SwapMember 2019-01-01 2019-09-30 0000805676 us-gaap:FairValueInputsLevel2Member us-gaap:LoansReceivableMember 2019-09-30 0000805676 us-gaap:FairValueInputsLevel2Member 2019-09-30 0000805676 us-gaap:EstimateOfFairValueFairValueDisclosureMember 2019-09-30 0000805676 us-gaap:CarryingReportedAmountFairValueDisclosureMember us-gaap:LoansReceivableMember 2019-09-30 0000805676 us-gaap:EstimateOfFairValueFairValueDisclosureMember us-gaap:LoansReceivableMember 2019-09-30 0000805676 us-gaap:FairValueInputsLevel1Member us-gaap:EquitySecuritiesMember 2019-09-30 0000805676 us-gaap:CarryingReportedAmountFairValueDisclosureMember us-gaap:EquitySecuritiesMember 2019-09-30 0000805676 us-gaap:EquitySecuritiesMember 2019-09-30 0000805676 us-gaap:FairValueInputsLevel3Member us-gaap:EquitySecuritiesMember 2019-09-30 0000805676 us-gaap:FairValueInputsLevel1Member us-gaap:LoansReceivableMember 2019-09-30 0000805676 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2019-09-30 0000805676 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:USStatesAndPoliticalSubdivisionsMember 2019-09-30 0000805676 us-gaap:FairValueMeasurementsRecurringMember 2019-09-30 0000805676 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember prk:USGovernmentSponsoredEntitiesAssetBackedSecuritiesMember 2019-09-30 0000805676 us-gaap:FairValueMeasurementsRecurringMember us-gaap:LoansReceivableMember 2019-09-30 0000805676 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:LoansReceivableMember 2019-09-30 0000805676 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:EquitySecuritiesMember 2019-09-30 0000805676 us-gaap:FairValueMeasurementsRecurringMember us-gaap:USStatesAndPoliticalSubdivisionsMember 2019-09-30 0000805676 us-gaap:FairValueMeasurementsRecurringMember us-gaap:SwapMember 2019-09-30 0000805676 us-gaap:FairValueMeasurementsRecurringMember us-gaap:EquitySecuritiesMember 2019-09-30 0000805676 us-gaap:FairValueMeasurementsRecurringMember prk:USGovernmentSponsoredEntitiesAssetBackedSecuritiesMember 2019-09-30 0000805676 srt:MinimumMember us-gaap:RealEstateMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:MeasurementInputCapRateMember us-gaap:IncomeApproachValuationTechniqueMember 2018-12-31 0000805676 srt:MinimumMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:ResidentialRealEstateMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2018-12-31 0000805676 srt:WeightedAverageMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:ResidentialRealEstateMember us-gaap:MeasurementInputCapRateMember us-gaap:IncomeApproachValuationTechniqueMember 2018-12-31 0000805676 srt:MinimumMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:ResidentialRealEstateMember us-gaap:MeasurementInputCapRateMember us-gaap:IncomeApproachValuationTechniqueMember 2018-12-31 0000805676 srt:MaximumMember us-gaap:RealEstateMember us-gaap:FairValueInputsLevel3Member prk:ConstructionRealEstateMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2018-12-31 0000805676 srt:MinimumMember us-gaap:RealEstateMember us-gaap:FairValueInputsLevel3Member prk:ConstructionRealEstateMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2018-12-31 0000805676 srt:MaximumMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:MeasurementInputCapRateMember us-gaap:IncomeApproachValuationTechniqueMember 2018-12-31 0000805676 srt:MinimumMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember prk:MeasurementinputreplacementcostMember us-gaap:CostApproachValuationTechniqueMember 2018-12-31 0000805676 srt:MaximumMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:ResidentialRealEstateMember us-gaap:MeasurementInputCapRateMember us-gaap:IncomeApproachValuationTechniqueMember 2018-12-31 0000805676 srt:MaximumMember us-gaap:RealEstateMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:MeasurementInputCapRateMember us-gaap:IncomeApproachValuationTechniqueMember 2018-12-31 0000805676 srt:MaximumMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member prk:ConstructionRealEstateMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2018-12-31 0000805676 srt:MinimumMember us-gaap:RealEstateMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2018-12-31 0000805676 srt:WeightedAverageMember us-gaap:RealEstateMember us-gaap:FairValueInputsLevel3Member prk:ConstructionRealEstateMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2018-12-31 0000805676 srt:MinimumMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member prk:ConstructionRealEstateMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2018-12-31 0000805676 srt:WeightedAverageMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:ResidentialRealEstateMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2018-12-31 0000805676 srt:MinimumMember us-gaap:RealEstateMember us-gaap:FairValueInputsLevel3Member us-gaap:ResidentialRealEstateMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2018-12-31 0000805676 srt:MaximumMember us-gaap:RealEstateMember us-gaap:FairValueInputsLevel3Member us-gaap:ResidentialRealEstateMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2018-12-31 0000805676 srt:MinimumMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2018-12-31 0000805676 srt:WeightedAverageMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember prk:MeasurementinputreplacementcostMember us-gaap:CostApproachValuationTechniqueMember 2018-12-31 0000805676 srt:WeightedAverageMember us-gaap:RealEstateMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:MeasurementInputCapRateMember us-gaap:IncomeApproachValuationTechniqueMember 2018-12-31 0000805676 srt:MaximumMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:ResidentialRealEstateMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2018-12-31 0000805676 srt:MinimumMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:MeasurementInputCapRateMember us-gaap:IncomeApproachValuationTechniqueMember 2018-12-31 0000805676 srt:MaximumMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember prk:MeasurementinputreplacementcostMember us-gaap:CostApproachValuationTechniqueMember 2018-12-31 0000805676 srt:WeightedAverageMember us-gaap:RealEstateMember us-gaap:FairValueInputsLevel3Member us-gaap:ResidentialRealEstateMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2018-12-31 0000805676 srt:WeightedAverageMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2018-12-31 0000805676 srt:MaximumMember us-gaap:RealEstateMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2018-12-31 0000805676 srt:MaximumMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2018-12-31 0000805676 srt:WeightedAverageMember us-gaap:RealEstateMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2018-12-31 0000805676 srt:WeightedAverageMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member prk:ConstructionRealEstateMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2018-12-31 0000805676 srt:WeightedAverageMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:MeasurementInputCapRateMember us-gaap:IncomeApproachValuationTechniqueMember 2018-12-31 0000805676 srt:MinimumMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member prk:ConstructionRealEstateMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2019-09-30 0000805676 srt:WeightedAverageMember us-gaap:RealEstateMember us-gaap:FairValueInputsLevel3Member us-gaap:ResidentialRealEstateMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2019-09-30 0000805676 srt:MinimumMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:MeasurementInputCapRateMember us-gaap:IncomeApproachValuationTechniqueMember 2019-09-30 0000805676 srt:WeightedAverageMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2019-09-30 0000805676 srt:MaximumMember us-gaap:RealEstateMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:MeasurementInputCapRateMember us-gaap:IncomeApproachValuationTechniqueMember 2019-09-30 0000805676 srt:MinimumMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2019-09-30 0000805676 srt:MinimumMember us-gaap:RealEstateMember us-gaap:FairValueInputsLevel3Member us-gaap:ResidentialRealEstateMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2019-09-30 0000805676 srt:MaximumMember us-gaap:RealEstateMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2019-09-30 0000805676 srt:MaximumMember us-gaap:RealEstateMember us-gaap:FairValueInputsLevel3Member us-gaap:ResidentialRealEstateMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2019-09-30 0000805676 srt:MaximumMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember prk:MeasurementinputreplacementcostMember us-gaap:CostApproachValuationTechniqueMember 2019-09-30 0000805676 srt:WeightedAverageMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member prk:ConstructionRealEstateMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2019-09-30 0000805676 srt:MinimumMember us-gaap:RealEstateMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2019-09-30 0000805676 srt:MinimumMember us-gaap:RealEstateMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:MeasurementInputCapRateMember us-gaap:IncomeApproachValuationTechniqueMember 2019-09-30 0000805676 srt:MaximumMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member prk:ConstructionRealEstateMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2019-09-30 0000805676 srt:MaximumMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:MeasurementInputCapRateMember us-gaap:IncomeApproachValuationTechniqueMember 2019-09-30 0000805676 srt:WeightedAverageMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:MeasurementInputCapRateMember us-gaap:IncomeApproachValuationTechniqueMember 2019-09-30 0000805676 srt:MinimumMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember prk:MeasurementinputreplacementcostMember us-gaap:CostApproachValuationTechniqueMember 2019-09-30 0000805676 srt:WeightedAverageMember us-gaap:RealEstateMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:MeasurementInputCapRateMember us-gaap:IncomeApproachValuationTechniqueMember 2019-09-30 0000805676 srt:WeightedAverageMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember prk:MeasurementinputreplacementcostMember us-gaap:CostApproachValuationTechniqueMember 2019-09-30 0000805676 srt:WeightedAverageMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:ResidentialRealEstateMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2019-09-30 0000805676 srt:MaximumMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:ResidentialRealEstateMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2019-09-30 0000805676 srt:MaximumMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2019-09-30 0000805676 srt:MinimumMember us-gaap:LoansReceivableMember us-gaap:FairValueInputsLevel3Member us-gaap:ResidentialRealEstateMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2019-09-30 0000805676 srt:WeightedAverageMember us-gaap:RealEstateMember us-gaap:FairValueInputsLevel3Member us-gaap:CommercialRealEstatePortfolioSegmentMember us-gaap:MeasurementInputComparabilityAdjustmentMember us-gaap:MarketApproachValuationTechniqueMember 2019-09-30 0000805676 prk:OutofScopeDomain 2019-07-01 2019-09-30 0000805676 prk:WithinScopeDomain 2019-01-01 2019-09-30 0000805676 prk:WithinScopeDomain 2019-07-01 2019-09-30 0000805676 prk:OutofScopeDomain 2018-01-01 2018-09-30 0000805676 prk:WithinScopeDomain 2018-07-01 2018-09-30 0000805676 prk:OutofScopeDomain 2019-01-01 2019-09-30 0000805676 prk:OutofScopeDomain 2018-07-01 2018-09-30 0000805676 prk:WithinScopeDomain 2018-01-01 2018-09-30 0000805676 prk:GfscMember 2019-07-01 2019-09-30 0000805676 prk:GfscMember 2018-01-01 2018-09-30 0000805676 prk:GfscMember 2018-07-01 2018-09-30 0000805676 prk:GfscMember 2019-01-01 2019-09-30 xbrli:shares xbrli:pure iso4217:USD xbrli:shares iso4217:USD prk:contracts prk:segments
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
FORM 10-Q
 
(Mark One)
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended September 30, 2019
OR

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from ______________________ to __________________________

  
Commission File Number
1-13006
 
PARK NATIONAL CORPORATION
(Exact name of registrant as specified in its charter)
 
Ohio
 
31-1179518
(State or other jurisdiction of
incorporation or organization)
 
(I.R.S. Employer Identification No.)
50 North Third Street,
P.O. Box 3500
Newark,
Ohio
43058-3500
(Address of principal executive offices) (Zip Code)
(740)
 349-8451
(Registrant’s telephone number, including area code)

N/A
(Former name, former address and former fiscal year, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common shares, without par value
PRK
NYSE American


Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

 Yes      No   

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

Yes     No  

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting company” and "emerging growth company" in Rule 12b-2 of the Exchange Act.
Large accelerated filer

Accelerated filer
Non-accelerated filer
Smaller reporting company    
 
Emerging growth company
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

 Yes      No   

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date: 16,346,446 Common Shares, no par value per share, outstanding at November 1, 2019.




PARK NATIONAL CORPORATION
 
CONTENTS
 
Page
PART I.   FINANCIAL INFORMATION
 
 
 
Item 1.  Financial Statements
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
94 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

2


Glossary of Abbreviations and Acronyms

Park has identified the following list of abbreviations and acronyms that are used in the Notes to Unaudited Consolidated Condensed Financial Statements and Management's Discussion and Analysis of Financial Condition and Results of Operations.

AFS
Available-for-sale
 
NAV
Net asset value
ALLL
Allowance for loan losses
 
OCI
Other comprehensive income
Allowance
Allowance for loan losses
 
OREO
Other real estate owned
AOCI
Accumulated other comprehensive income
 
Park
Park National Corporation and its subsidiaries
ASU
Accounting standards update
 
PBRSUs
Performance-based restricted stock units
CABF
CAB Financial Corporation and its subsidiaries
 
PCI
Purchase credit impaired
Carolina Alliance
CAB Financial Corporation and its subsidiaries
 
PNB
The Park National Bank
CECL
Current expected credit loss
 
ROU
Right-of-use
FASB
Financial Accounting Standards Board
 
SARs
Stock appreciation rights
FHLB
Federal Home Loan Bank
 
SEPH
SE Property Holdings, LLC
FRB
Federal Reserve Bank
 
TBRSUs
Time-based restricted stock units
GFSC
Guardian Financial Services Company
 
TDRs
Troubled debt restructurings
HTM
Held-to-maturity
 
U.S. GAAP
United States Generally Accepted Accounting Principles
IRLC
Interest rate lock commitment
 
U.S.
United States
MSRs
Mortgage servicing rights
 
 
 


3

Table of Contents

PARK NATIONAL CORPORATION AND SUBSIDARIES
Consolidated Condensed Balance Sheets (Unaudited)
(in thousands, except share and per share data)                    
 
September 30,
2019
 
December 31, 2018
Assets:
 

 
 

Cash and due from banks
$
190,353

 
$
141,890

Money market instruments
182,373

 
25,324

Cash and cash equivalents
372,726

 
167,214

Investment securities:
 

 
 

Debt securities available-for-sale, at fair value (amortized cost of $1,237,990 and $1,028,883 at September 30, 2019 and December 31, 2018, respectively)
1,260,286

 
1,003,421

Debt securities held-to-maturity, at amortized cost (fair value of $351,422 at December 31, 2018)

 
351,808

Other investment securities
68,644

 
72,916

Total investment securities
1,328,930

 
1,428,145

 
 
 
 
Loans
6,403,647

 
5,692,132

Allowance for loan losses
(55,853
)
 
(51,512
)
Net loans
6,347,794

 
5,640,620

Bank owned life insurance
208,594

 
188,417

Prepaid assets
99,939

 
94,079

Goodwill
157,999

 
112,739

Other intangible assets
15,490

 
6,971

Premises and equipment, net
72,779

 
59,771

Affordable housing tax credit investments
54,909

 
50,347

Other real estate owned
3,779

 
4,303

Accrued interest receivable
24,721

 
22,974

Operating lease right-of-use asset
14,412

 

Mortgage loan servicing rights
9,960

 
10,178

Other
11,578

 
18,550

Total assets
$
8,723,610

 
$
7,804,308


4

Table of Contents

PARK NATIONAL CORPORATION AND SUBSIDARIES
Consolidated Condensed Balance Sheets (Unaudited) (Continued)
(in thousands, except share and per share data)
 
September 30,
2019
 
December 31, 2018
Liabilities and Shareholders' Equity:
 

 
 

Deposits:
 

 
 

Noninterest bearing
$
1,941,694

 
$
1,804,881

Interest bearing
5,226,565

 
4,455,979

Total deposits
7,168,259

 
6,260,860

Short-term borrowings
185,838

 
221,966

Long-term debt
297,500

 
400,000

Subordinated notes
15,000

 
15,000

Unfunded commitments in affordable housing tax credit investments
28,439

 
22,282

Operating lease liability
15,191

 

Accrued interest payable
3,254

 
2,625

Other
53,989

 
49,069

Total liabilities
$
7,767,470

 
$
6,971,802

 
 
 
 
Shareholders' equity:
 

 
 

Preferred shares (200,000 shares authorized; 0 shares issued)
$

 
$

Common shares (No par value; 20,000,000 shares authorized; 17,623,208 shares issued at September 30, 2019 and 16,586,165 shares issued at December 31, 2018)
458,142

 
358,598

Retained earnings
639,594

 
614,069

Treasury shares (1,290,257 shares at September 30, 2019 and 887,987 shares at December 31, 2018)
(128,982
)
 
(90,373
)
Accumulated other comprehensive loss, net of taxes
(12,614
)
 
(49,788
)
Total shareholders' equity
956,140

 
832,506

Total liabilities and shareholders’ equity
$
8,723,610

 
$
7,804,308


SEE ACCOMPANYING NOTES TO UNAUDITED CONSOLIDATED CONDENSED FINANCIAL STATEMENTS

5

Table of Contents

PARK NATIONAL CORPORATION AND SUBSIDIARIES
Consolidated Condensed Statements of Income (Unaudited)
(in thousands, except share and per share data)
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2019
 
2018
 
2019
 
2018
Interest and dividend income:
 

 
 

 
 
 
 
 
 
 
 
 
 
 
 
Interest and fees on loans
$
84,213

 
$
69,905

 
$
238,687

 
$
198,803

 
 
 
 
 
 
 
 
Interest and dividends on:
 

 
 

 
 
 
 
Obligations of U.S. Government, its agencies and other securities - taxable
6,326

 
7,691

 
20,240

 
22,204

Obligations of states and political subdivisions - tax-exempt
2,225

 
2,205

 
6,750

 
6,557

Other interest income
1,825

 
428

 
2,994

 
1,070

Total interest and dividend income
94,589

 
80,229

 
268,671

 
228,634

 
 
 
 
 
 
 
 
Interest expense:
 

 
 

 
 
 
 
 
 
 
 
 
 
 
 
Interest on deposits:
 

 
 

 
 
 
 
Demand and savings deposits
9,649

 
6,412

 
25,553

 
13,809

Time deposits
4,694

 
3,328

 
12,828

 
8,765

 
 
 
 
 
 
 
 
Interest on borrowings:
 

 
 

 
 
 
 
Short-term borrowings
478

 
288

 
1,977

 
1,283

Long-term debt
2,667

 
2,525

 
7,585

 
7,509

 
 
 
 
 
 
 
 
Total interest expense
17,488

 
12,553

 
47,943

 
31,366

 
 
 
 
 
 
 
 
Net interest income
77,101

 
67,676

 
220,728

 
197,268

 
 
 
 
 
 
 
 
Provision for loan losses
1,967

 
2,940

 
6,384

 
4,586

Net interest income after provision for loan losses
75,134

 
64,736

 
214,344

 
192,682

 
 
 
 
 
 
 
 
Other income:
 

 
 

 
 
 
 
Income from fiduciary activities
6,842

 
6,418

 
20,500

 
19,479

Service charges on deposit accounts
2,864

 
2,861

 
8,078

 
8,609

Other service income
4,260

 
3,246

 
11,118

 
10,890

Debit card fee income
5,313

 
4,352

 
14,909

 
12,736

Bank owned life insurance income
1,107

 
2,585

 
3,399

 
4,625

ATM fees
482

 
500

 
1,382

 
1,534

OREO valuation adjustments
(41
)
 
(77
)
 
(123
)
 
(398
)
(Loss) gain on sale of OREO, net
(53
)
 
(81
)
 
(224
)
 
4,093

Net gain (loss) on the sale of investment securities
186

 

 
(421
)
 
(2,271
)
Gain on equity securities, net
3,335

 
89

 
5,309

 
4,633

Other components of net periodic pension benefit income
1,183

 
1,705

 
3,549

 
5,115

Miscellaneous
2,658

 
2,466

 
5,493

 
5,164

Total other income
28,136

 
24,064

 
72,969

 
74,209

 
 
 
 
 
 
 
 
 


6

Table of Contents

PARK NATIONAL CORPORATION AND SUBSIDIARIES
Consolidated Condensed Statements of Income (Unaudited) (Continued)
(in thousands, except share and per share data)
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2019
 
2018
 
2019
 
2018
Other expense:
 

 
 

 
 
 
 
Salaries
$
30,713

 
$
27,229

 
$
88,611

 
$
76,652

Employee benefits
10,389

 
7,653

 
27,833

 
22,312

Occupancy expense
3,226

 
2,976

 
9,460

 
8,482

Furniture and equipment expense
4,177

 
3,807

 
12,713

 
11,969

Data processing fees
2,935

 
2,580

 
7,973

 
6,255