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Long-Term Debt | 12 Months Ended
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Dec. 31, 2010
Long-Term Debt [Abstract] |
Long-Term Debt | 10. LONG-TERM DEBT Long-term debt is listed below:
December 31 |  | 2010 |  |  | 2009 |
|  | Outstanding |  |  | Average |  |  | Outstanding |  |  | Average |
(In thousands) |  | Balance |  |  | Rate |  |  | Balance |  |  | Rate |
Total Federal Home Loan Bank advances by year of maturity: |  |  |  |  |  |  |  |  |  |  |  |
2010 |  | $ | — |  |  |  | — |  |  | $ | 17,560 |  |  |  | 5.68 | %
2011 |  |  | 16,460 |  |  |  | 1.99 | % |  |  | 16,460 |  |  |  | 1.99 | %
2012 |  |  | 15,500 |  |  |  | 2.09 | % |  |  | 15,500 |  |  |  | 2.09 | %
2013 |  |  | 500 |  |  |  | 4.03 | % |  |  | 500 |  |  |  | 4.03 | %
2014 |  |  | 500 |  |  |  | 4.23 | % |  |  | 500 |  |  |  | 4.23 | %
2015 |  |  | — |  |  |  | 0.00 | % |  |  | — |  |  |  | — |
Thereafter |  |  | 302,342 |  |  |  | 3.02 | % |  |  | 302,371 |  |  |  | 3.02 | %
Total |  | $ | 335,302 |  |  |  | 2.93 | % |  | $ | 352,891 |  |  |  | 3.05 | %
Total broker repurchase agreements by year of maturity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
After 2015 |  | $ | 300,000 |  |  |  | 4.04 | % |  | $ | 300,000 |  |  |  | 4.04 | %
Total |  | $ | 300,000 |  |  |  | 4.04 | % |  | $ | 300,000 |  |  |  | 4.04 | %
Other borrowings by year of maturity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2010 |  | $ | — |  |  |  | — |  |  | $ | 59 |  |  |  | 7.97 | %
2011 |  |  | 63 |  |  |  | 7.97 | % |  |  | 63 |  |  |  | 7.97 | %
2012 |  |  | 69 |  |  |  | 7.97 | % |  |  | 69 |  |  |  | 7.97 | %
2013 |  |  | 74 |  |  |  | 7.97 | % |  |  | 74 |  |  |  | 7.97 | %
2014 |  |  | 81 |  |  |  | 7.97 | % |  |  | 81 |  |  |  | 7.97 | %
2015 |  |  | 87 |  |  |  | 7.97 | % |  |  | 87 |  |  |  | 7.97 | %
Thereafter |  |  | 1,057 |  |  |  | 7.97 | % |  |  | 1,057 |  |  |  | 7.97 | %
Total |  | $ | 1,431 |  |  |  | 7.97 | % |  | $ | 1,490 |  |  |  | 7.97 | %
Total combined long-term debt by year of maturity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2010 |  | $ | — |  |  |  | — |  |  | $ | 17,619 |  |  |  | 5.69 | %
2011 |  |  | 16,523 |  |  |  | 2.01 | % |  |  | 16,523 |  |  |  | 2.01 | %
2012 |  |  | 15,569 |  |  |  | 2.12 | % |  |  | 15,569 |  |  |  | 2.12 | %
2013 |  |  | 574 |  |  |  | 4.54 | % |  |  | 574 |  |  |  | 4.54 | %
2014 |  |  | 581 |  |  |  | 4.75 | % |  |  | 581 |  |  |  | 4.75 | %
2015 |  |  | 87 |  |  |  | 7.97 | % |  |  | 87 |  |  |  | 7.97 | %
Thereafter |  |  | 603,399 |  |  |  | 3.54 | % |  |  | 603,428 |  |  |  | 3.54 | %
Total |  | $ | 636,733 |  |  |  | 3.46 | % |  | $ | 654,381 |  |  |  | 3.52 | %
Other borrowings consist of a capital lease obligation of $1.4 million, pertaining to an arrangement that was part of the acquisition of Vision on March 9, 2007 and its associated minimum lease payments. Park had approximately $603.4 million of long-term debt at December 31, 2010 with a contractual maturity longer than five years. However, approximately $600 million of this debt is callable by the issuer in 2011. At December 31, 2010 and 2009, Federal Home Loan Bank (FHLB) advances were collateralized by investment securities owned by the Corporation's subsidiary banks and by various loans pledged under a blanket agreement by the Corporation's subsidiary banks. See Note 4 of these Notes to Consolidated Financial Statements for the amount of investment securities that are pledged. See Note 9 of these Notes to Consolidated Financial Statements for the amount of commercial real estate and residential mortgage loans that are pledged to the FHLB.

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- Definition This element may be used as a single block of text to encapsulate the entire disclosure for long-term borrowings including data and tables. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 + Details
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