XML 46 R28.htm IDEA: XBRL DOCUMENT ﻿
v2.3.0.11

Loans (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2011
Loans |
Recorded Investment In Nonaccrual Restructured And Loans Past Due 90 Days Or More And Accruing |
|  | June 30, 2011 |
(In thousands) |  | Nonaccrual loans |  |  | Restructured loans |  |  | Loans past due 90 days or more and accruing |  |  | Total nonperforming loans |
Commercial, financial and agricultural |  | $ | 24,008 |  |  | $ | - |  |  | $ | 25 |  |  | $ | 24,033 |
Commercial real estate |  |  | 47,243 |  |  |  | - |  |  |  | - |  |  |  | 47,243 |
Construction real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Vision commercial land and development |  |  | 47,761 |  |  |  | - |  |  |  | - |  |  |  | 47,761 |
Remaining commercial |  |  | 33,685 |  |  |  | - |  |  |  | - |  |  |  | 33,685 |
Mortgage |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Installment |  |  | 427 |  |  |  | - |  |  |  | - |  |  |  | 427 |
Residential real estate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  |  | 48,594 |  |  |  | - |  |  |  | 861 |  |  |  | 49,455 |
Mortgage |  |  | 32,459 |  |  |  | 34 |  |  |  | 1,676 |  |  |  | 34,169 |
HELOC |  |  | 1,418 |  |  |  | - |  |  |  | - |  |  |  | 1,418 |
Installment |  |  | 1,169 |  |  |  | - |  |  |  | 1 |  |  |  | 1,170 |
Consumer |  |  | 1,926 |  |  |  | - |  |  |  | 629 |  |  |  | 2,555 |
Leases |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total loans |  | $ | 238,690 |  |  | $ | 34 |  |  | $ | 3,192 |  |  | $ | 241,916 |
|  | December 31, 2010 |
(In thousands) |  | Nonaccrual loans |  |  | Restructured loans |  |  | Loans past due 90 days or more and accruing |  |  | Total nonperforming loans |
Commercial, financial and agricultural |  | $ | 19,276 |  |  | $ | - |  |  | $ | - |  |  | $ | 19,276 |
Commercial real estate |  |  | 57,941 |  |  |  | - |  |  |  | 20 |  |  |  | 57,961 |
Construction real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Vision commercial land and development |  |  | 87,424 |  |  |  | - |  |  |  | - |  |  |  | 87,424 |
Remaining commercial |  |  | 27,080 |  |  |  | - |  |  |  | - |  |  |  | 27,080 |
Mortgage |  |  | 354 |  |  |  | - |  |  |  | - |  |  |  | 354 |
Installment |  |  | 417 |  |  |  | - |  |  |  | 13 |  |  |  | 430 |
Residential real estate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  |  | 60,227 |  |  |  | - |  |  |  | - |  |  |  | 60,227 |
Mortgage |  |  | 32,479 |  |  |  | - |  |  |  | 2,175 |  |  |  | 34,654 |
HELOC |  |  | 964 |  |  |  | - |  |  |  | 149 |  |  |  | 1,113 |
Installment |  |  | 1,195 |  |  |  | - |  |  |  | 277 |  |  |  | 1,472 |
Consumer |  |  | 1,911 |  |  |  | - |  |  |  | 1,059 |  |  |  | 2,970 |
Leases |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total loans |  | $ | 289,268 |  |  | $ | - |  |  | $ | 3,693 |  |  | $ | 292,961 |
Nonaccrual Loans Individually And Collectively Evaluated For Impairment |
|  | June 30, 2011 |  |  | December 31, 2010 |
(In thousands) |  | Nonaccrual loans |  |  | Loans individually evaluated for impairment |  |  | Loans collectively evaluated for impairment |  |  | Nonaccrual loans |  |  | Loans individually evaluated for impairment |  |  | Loans collectively evaluated for impairment |
Commercial, financial and agricultural |  | $ | 24,008 |  |  | $ | 24,008 |  |  | $ | - |  |  | $ | 19,276 |  |  | $ | 19,205 |  |  | $ | 71 |
Commercial real estate |  |  | 47,243 |  |  |  | 47,243 |  |  |  | - |  |  |  | 57,941 |  |  |  | 57,930 |  |  |  | 11 |
Construction real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Vision commercial land and development |  |  | 47,761 |  |  |  | 46,847 |  |  |  | 914 |  |  |  | 87,424 |  |  |  | 86,491 |  |  |  | 933 |
Remaining commercial |  |  | 33,685 |  |  |  | 33,685 |  |  |  | - |  |  |  | 27,080 |  |  |  | 27,080 |  |  |  | - |
Mortgage |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 354 |  |  |  | - |  |  |  | 354 |
Installment |  |  | 427 |  |  |  | - |  |  |  | 427 |  |  |  | 417 |  |  |  | - |  |  |  | 417 |
Residential real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  |  | 48,594 |  |  |  | 48,594 |  |  |  | - |  |  |  | 60,227 |  |  |  | 60,227 |  |  |  | - |
Mortgage |  |  | 32,459 |  |  |  | - |  |  |  | 32,459 |  |  |  | 32,479 |  |  |  | - |  |  |  | 32,479 |
HELOC |  |  | 1,418 |  |  |  | - |  |  |  | 1,418 |  |  |  | 964 |  |  |  | - |  |  |  | 964 |
Installment |  |  | 1,169 |  |  |  | - |  |  |  | 1,169 |  |  |  | 1,195 |  |  |  | - |  |  |  | 1,195 |
Consumer |  |  | 1,926 |  |  |  | 23 |  |  |  | 1,903 |  |  |  | 1,911 |  |  |  | - |  |  |  | 1,911 |
Leases |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total loans |  | $ | 238,690 |  |  | $ | 200,400 |  |  | $ | 38,290 |  |  | $ | 289,268 |  |  | $ | 250,933 |  |  | $ | 38,335 |
Loans Individually Evaluated For Impairment By Class Of Loans |
|  | June 30, 2011 |  |  | December 31, 2010 |
|  | Unpaid principal balance |  |  | Recorded investment |  |  | Allowance for loan losses allocated |  |  | Unpaid principal balance |  |  | Recorded investment |  |  | Allowance for loan losses allocated |
(in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
With no related allowance recorded |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial, financial and agricultural |  | $ | 15,463 |  |  | $ | 12,271 |  |  | $ | - |  |  | $ | 9,347 |  |  | $ | 8,891 |  |  | $ | - |
Commercial real estate |  |  | 44,827 |  |  |  | 31,624 |  |  |  | - |  |  |  | 24,052 |  |  |  | 19,697 |  |  |  | - |
Construction real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Vision commercial land and development |  |  | 32,843 |  |  |  | 12,229 |  |  |  | - |  |  |  | 23,021 |  |  |  | 20,162 |  |  |  | - |
Remaining commercial |  |  | 24,403 |  |  |  | 20,963 |  |  |  | - |  |  |  | 15,192 |  |  |  | 14,630 |  |  |  | - |
Residential real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  |  | 40,176 |  |  |  | 36,225 |  |  |  | - |  |  |  | 51,261 |  |  |  | 47,009 |  |  |  | - |
Consumer |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
With an allowance recorded |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial, financial and agricultural |  |  | 14,619 |  |  |  | 11,737 |  |  |  | 3,265 |  |  |  | 11,801 |  |  |  | 10,314 |  |  |  | 3,028 |
Commercial real estate |  |  | 16,232 |  |  |  | 15,619 |  |  |  | 9,213 |  |  |  | 42,263 |  |  |  | 38,233 |  |  |  | 10,001 |
Construction real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Vision commercial land and development |  |  | 63,696 |  |  |  | 34,618 |  |  |  | 11,763 |  |  |  | 92,122 |  |  |  | 66,329 |  |  |  | 23,585 |
Remaining commercial |  |  | 21,918 |  |  |  | 12,722 |  |  |  | 3,586 |  |  |  | 20,676 |  |  |  | 12,450 |  |  |  | 2,802 |
Residential real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  |  | 14,890 |  |  |  | 12,369 |  |  |  | 4,960 |  |  |  | 14,799 |  |  |  | 13,218 |  |  |  | 4,043 |
Consumer |  |  | 23 |  |  |  | 23 |  |  |  | 23 |  |  |  | - |  |  |  | - |  |  |  | - |
Total |  | $ | 289,090 |  |  | $ | 200,400 |  |  | $ | 32,810 |  |  | $ | 304,534 |  |  | $ | 250,933 |  |  | $ | 43,459 |
Average Recorded Investment And Interest Income Recognized On Loans Individually Evaluated For Impairment |
|  |  |  |  | Three months ended June 30, 2011 |  |  | Six months ended June 30, 2011 |
|  | Recorded investment as of June 30, 2011 |  |  | Average recorded investment |  |  | Interest income recognized |  |  | Average recorded investment |  |  | Interest income recognized |
(in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial, financial and agricultural |  | $ | 24,008 |  |  | $ | 20,688 |  |  | $ | 41 |  |  | $ | 20,203 |  |  | $ | 106 |
Commercial real estate |  |  | 47,243 |  |  |  | 51,359 |  |  |  | 54 |  |  |  | 53,619 |  |  |  | 124 |
Construction real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Vision commercial land and development |  |  | 46,847 |  |  |  | 71,682 |  |  |  | - |  |  |  | 77,711 |  |  |  | - |
Remaining commercial |  |  | 33,685 |  |  |  | 27,998 |  |  |  | 136 |  |  |  | 27,616 |  |  |  | 214 |
Residential real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  |  | 48,594 |  |  |  | 55,096 |  |  |  | 14 |  |  |  | 57,269 |  |  |  | 153 |
Consumer |  |  | 23 |  |  |  | 5 |  |  |  | 1 |  |  |  | 12 |  |  |  | 1 |
Total |  | $ | 200,400 |  |  | $ | 226,828 |  |  | $ | 246 |  |  | $ | 236,430 |  |  | $ | 598 |
Aging Of Recorded Investment In Past Due Loans |
|  | June 30, 2011 |
|  | Accruing loans past due 30-89 days |  |  | Past due nonaccrual loans and loans past due 90 days or more and accruing* |  |  | Total past due |  |  | Total current |  |  | Total recorded investment |
(In thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial, financial and agricultural |  | $ | 6,007 |  |  | $ | 21,096 |  |  | $ | 27,103 |  |  | $ | 731,316 |  |  | $ | 758,419 |
Commercial real estate |  |  | 3,106 |  |  |  | 36,369 |  |  |  | 39,475 |  |  |  | 1,222,592 |  |  |  | 1,262,067 |
Construction real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Vision commercial land and development |  |  | 309 |  |  |  | 41,860 |  |  |  | 42,169 |  |  |  | 69,120 |  |  |  | 111,289 |
Remaining commercial |  |  | 99 |  |  |  | 13,757 |  |  |  | 13,856 |  |  |  | 168,019 |  |  |  | 181,875 |
Mortgage |  |  | 402 |  |  |  | - |  |  |  | 402 |  |  |  | 21,034 |  |  |  | 21,436 |
Installment |  |  | 393 |  |  |  | 386 |  |  |  | 779 |  |  |  | 15,784 |  |  |  | 16,563 |
Residential real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  |  | 3,014 |  |  |  | 18,461 |  |  |  | 21,475 |  |  |  | 434,742 |  |  |  | 456,217 |
Mortgage |  |  | 17,041 |  |  |  | 22,893 |  |  |  | 39,934 |  |  |  | 912,619 |  |  |  | 952,553 |
HELOC |  |  | 770 |  |  |  | 664 |  |  |  | 1,434 |  |  |  | 254,393 |  |  |  | 255,827 |
Installment |  |  | 1,120 |  |  |  | 781 |  |  |  | 1,901 |  |  |  | 51,380 |  |  |  | 53,281 |
Consumer |  |  | 9,313 |  |  |  | 1,994 |  |  |  | 11,307 |  |  |  | 642,881 |  |  |  | 654,188 |
Leases |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 2,312 |  |  |  | 2,312 |
Total loans |  | $ | 41,574 |  |  | $ | 158,261 |  |  | $ | 199,835 |  |  | $ | 4,526,192 |  |  | $ | 4,726,027 |
* Includes $3.2 million of loans past due 90 days or more and accruing.
|  | December 31, 2010 |
|  | Accruing loans past due 30-89 days |  |  | Past due nonaccrual loans and loans past due 90 days or more and accruing* |  |  | Total past due |  |  | Total current |  |  | Total recorded investment |
(In thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial, financial and agricultural |  | $ | 2,247 |  |  | $ | 15,622 |  |  | $ | 17,869 |  |  | $ | 722,919 |  |  | $ | 740,788 |
Commercial real estate |  |  | 9,521 |  |  |  | 53,269 |  |  |  | 62,790 |  |  |  | 1,168,630 |  |  |  | 1,231,420 |
Construction real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Vision commercial land and development |  |  | 2,406 |  |  |  | 65,130 |  |  |  | 67,536 |  |  |  | 104,080 |  |  |  | 171,616 |
Remaining commercial |  |  | 141 |  |  |  | 19,687 |  |  |  | 19,828 |  |  |  | 176,487 |  |  |  | 196,315 |
Mortgage |  |  | 479 |  |  |  | 148 |  |  |  | 627 |  |  |  | 25,794 |  |  |  | 26,421 |
Installment |  |  | 235 |  |  |  | 399 |  |  |  | 634 |  |  |  | 12,547 |  |  |  | 13,181 |
Residential real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  |  | 3,281 |  |  |  | 26,845 |  |  |  | 30,126 |  |  |  | 436,180 |  |  |  | 466,306 |
Mortgage |  |  | 17,460 |  |  |  | 24,422 |  |  |  | 41,882 |  |  |  | 867,555 |  |  |  | 909,437 |
HELOC |  |  | 1,396 |  |  |  | 667 |  |  |  | 2,063 |  |  |  | 259,414 |  |  |  | 261,477 |
Installment |  |  | 1,018 |  |  |  | 892 |  |  |  | 1,910 |  |  |  | 58,540 |  |  |  | 60,450 |
Consumer |  |  | 11,204 |  |  |  | 2,465 |  |  |  | 13,669 |  |  |  | 656,447 |  |  |  | 670,116 |
Leases |  |  | 5 |  |  |  | - |  |  |  | 5 |  |  |  | 2,658 |  |  |  | 2,663 |
Total loans |  | $ | 49,393 |  |  | $ | 209,546 |  |  | $ | 258,939 |  |  | $ | 4,491,251 |  |  | $ | 4,750,190 |
* Includes $3.6 million of loans past due 90 days or more and accruing. Management's policy is to initially place all renegotiated loans (troubled debt restructurings) on nonaccrual status. At June 30, 2011 and December 31, 2010, there were $72.6 million and $80.7 million, respectively, of troubled debt restructurings included in nonaccrual loan totals. Many of these troubled debt restructurings are performing under the renegotiated terms. At June 30, 2011 and December 31, 2010, $47.9 million and $50.3 million of the total troubled debt restructurings were included within current loans above. Management will continue to review the renegotiated loans and may determine it appropriate to move certain of the loans back to accrual status in the future. At June 30, 2011 and December 31, 2010, Park had commitments to lend $502,000 and $434,000, respectively, of additional funds to borrowers whose terms had been modified in a troubled debt restructuring.
Recorded Investment By Loan Grade |
|  | June 30, 2011 |
(in thousands) |  | 5 Rated |  |  | 6 Rated |  |  | Nonaccrual |  |  | Pass Rated |  |  | Recorded Investment |
Commercial, financial and agricultural |  | $ | 18,067 |  |  | $ | 12,540 |  |  | $ | 24,008 |  |  | $ | 703,804 |  |  | $ | 758,419 |
Commercial real estate |  |  | 57,223 |  |  |  | 26,431 |  |  |  | 47,243 |  |  |  | 1,131,170 |  |  |  | 1,262,067 |
Construction real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Vision commercial land and development |  |  | 9,943 |  |  |  | 4,803 |  |  |  | 47,761 |  |  |  | 48,782 |  |  |  | 111,289 |
Remaining commercial |  |  | 8,495 |  |  |  | 22,340 |  |  |  | 33,685 |  |  |  | 117,355 |  |  |  | 181,875 |
Residential real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  |  | 22,779 |  |  |  | 17,398 |  |  |  | 48,594 |  |  |  | 367,446 |  |  |  | 456,217 |
Leases |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 2,312 |  |  |  | 2,312 |
Total Commercial Loans |  | $ | 116,507 |  |  | $ | 83,512 |  |  | $ | 201,291 |  |  | $ | 2,370,869 |  |  | $ | 2,772,179 |
|  | December 31, 2010 |
(in thousands) |  | 5 Rated |  |  | 6 Rated |  |  | Nonaccrual |  |  | Pass Rated |  |  | Recorded Investment |
Commercial, financial and agricultural |  | $ | 26,322 |  |  | $ | 11,447 |  |  | $ | 19,276 |  |  | $ | 683,743 |  |  | $ | 740,788 |
Commercial real estate |  |  | 57,394 |  |  |  | 26,992 |  |  |  | 57,941 |  |  |  | 1,089,093 |  |  |  | 1,231,420 |
Construction real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Vision commercial land and development |  |  | 10,220 |  |  |  | 7,941 |  |  |  | 87,424 |  |  |  | 66,031 |  |  |  | 171,616 |
Remaining commercial |  |  | 14,021 |  |  |  | 39,062 |  |  |  | 27,080 |  |  |  | 116,152 |  |  |  | 196,315 |
Residential real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  |  | 29,206 |  |  |  | 18,117 |  |  |  | 60,227 |  |  |  | 358,756 |  |  |  | 466,306 |
Leases |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 2,663 |  |  |  | 2,663 |
Total Commercial Loans |  | $ | 137,163 |  |  | $ | 103,559 |  |  | $ | 251,948 |  |  | $ | 2,316,438 |  |  | $ | 2,809,108 |

X
- Definition Schedule of Aging of the Recorded Investment in Past Due Loans [Table Text Block] + Details
Name: | prk_ScheduleOfAgingOfRecordedInvestmentInPastDueLoansTableTextBlock
Namespace Prefix: | prk
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Average Recorded Investment and Interest Income Recognized On Loans Individually Evaluated For Impairment [Table Text Block] + Details
Name: | prk_ScheduleOfAverageRecordedInvestmentAndInterestIncomeRecognizedOnLoansIndividuallyEvaluatedForImpairmentTableTextBlock
Namespace Prefix: | prk
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Loans Individually Evaluated For Impairment By Class Of Loans [Table Text Block] + Details
Name: | prk_ScheduleOfLoansIndividuallyEvaluatedForImpairmentByClassOfLoansTableTextBlock
Namespace Prefix: | prk
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Nonaccrual Loans That Are Individually Evaluated For Impairment and Those Collectively Evaluated For Impairment [Table Text Block] + Details
Name: | prk_ScheduleOfNonaccrualLoansThatAreIndividuallyEvaluatedForImpairmentAndThoseCollectivelyEvaluatedForImpairmentTableTextBlock
Namespace Prefix: | prk
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Recorded Investment By Loan Grade [Table Text Block] + Details
Name: | prk_ScheduleOfRecordedInvestmentByLoanGradeTableTextBlock
Namespace Prefix: | prk
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Recorded Investment In Nonaccrual Restructured And Loans Past Due 90 Days Or More And Accruing [Table Text Block] + Details
Name: | prk_ScheduleOfRecordedInvestmentInNonaccrualRestructuredAndLoansPastDue90DaysOrMoreAndAccruingTableTextBlock
Namespace Prefix: | prk
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_LoansAndLeasesReceivableDisclosureAbstract
Namespace Prefix: | us-gaap
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration