XML 69 R29.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Capital Ratios | 12 Months Ended
--- | ---
Dec. 31, 2011
Capital Ratios [Abstract] |
Capital Ratios | 22. Capital Ratios At December 31, 2011 and 2010, the Corporation and each of its two separately chartered banks had Tier 1, total risk-based capital and leverage ratios which were well above both the required minimum levels of 4.00%, 8.00% and 4.00%, respectively, and the well-capitalized levels of 6.00%, 10.00% and 5.00%, respectively. The following table indicates the capital ratios for Park and each subsidiary at December 31, 2011 and December 31, 2010.
|  | 2011 |  |  | 2010 |
|  | Tier 1 Risk-Based |  |  | Total Risk-Based |  |  | Leverage |  |  | Tier 1 Risk-Based |  |  | Total Risk-Based |  |  | Leverage |
Park National Bank |  |  | 9.52 | % |  |  | 11.46 | % |  |  | 6.58 | % |  |  | 9.43 | % |  |  | 11.38 | % |  |  | 6.68 | %
Vision Bank |  |  | 23.42 | % |  |  | 24.72 | % |  |  | 15.89 | % |  |  | 11.75 | % |  |  | 13.12 | % |  |  | 9.12 | %
Park |  |  | 14.15 | % |  |  | 16.65 | % |  |  | 9.81 | % |  |  | 13.24 | % |  |  | 15.71 | % |  |  | 9.54 | %
Failure to meet the minimum requirements above could cause the Federal Reserve Board to take action. Park's bank subsidiaries are also subject to these capital requirements by their primary regulators. As of December 31, 2011 and 2010, Park and its banking subsidiaries were well-capitalized and met all capital requirements to which each was subject. There are no conditions or events since the most recent regulatory report filings, by PNB or Vision Bank ("VB") that management believes have changed the risk categories for either of the two banks. The following table reflects various measures of capital for Park and each of PNB and VB
|  | To Be Adequately Capitalized |  |  | To Be Well Capitalized |
(In thousands) |  | Actual Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |
At December 31, 2011 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Risk-Based Capital (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 498,367 |  |  |  | 11.46 | % |  | $ | 347,972 |  |  |  | 8.00 | % |  | $ | 434,965 |  |  |  | 10.00 | %
VB (1) |  |  | 115,637 |  |  |  | 24.72 | % |  |  | 37,427 |  |  |  | 8.00 | % |  |  | 46,784 |  |  |  | 10.00 | %
Park |  |  | 812,286 |  |  |  | 16.65 | % |  |  | 390,270 |  |  |  | 8.00 | % |  |  | 487,837 |  |  |  | 10.00 | %
Tier 1 Risk-Based Capital (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 413,870 |  |  |  | 9.52 | % |  | $ | 173,986 |  |  |  | 4.00 | % |  | $ | 260,979 |  |  |  | 6.00 | %
VB |  |  | 109,566 |  |  |  | 23.42 | % |  |  | 18,714 |  |  |  | 4.00 | % |  |  | 28,071 |  |  |  | 6.00 | %
Park |  |  | 690,419 |  |  |  | 14.15 | % |  |  | 195,135 |  |  |  | 4.00 | % |  |  | 292,702 |  |  |  | 6.00 | %
Leverage Ratio (to average total assets) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 413,870 |  |  |  | 6.58 | % |  | $ | 251,691 |  |  |  | 4.00 | % |  | $ | 314,614 |  |  |  | 5.00 | %
VB (1) |  |  | 109,566 |  |  |  | 15.89 | % |  |  | 27,588 |  |  |  | 4.00 | % |  |  | 34,485 |  |  |  | 5.00 | %
Park |  |  | 690,419 |  |  |  | 9.81 | % |  |  | 281,506 |  |  |  | 4.00 | % |  |  | 351,882 |  |  |  | 5.00 | %
At December 31, 2010 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Risk-Based Capital (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 495,668 |  |  |  | 11.38 | % |  | $ | 348,452 |  |  |  | 8.00 | % |  | $ | 435,565 |  |  |  | 10.00 | %
VB (Restated) (1)(2) |  |  | 80,305 |  |  |  | 13.12 | % |  |  | 48,966 |  |  |  | 8.00 | % |  |  | 61,208 |  |  |  | 10.00 | %
Park (Restated) |  |  | 786,214 |  |  |  | 15.71 | % |  |  | 400,307 |  |  |  | 8.00 | % |  |  | 500,384 |  |  |  | 10.00 | %
Tier 1 Risk-Based Capital (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 410,879 |  |  |  | 9.43 | % |  | $ | 174,226 |  |  |  | 4.00 | % |  | $ | 261,339 |  |  |  | 6.00 | %
VB (Restated) |  |  | 71,897 |  |  |  | 11.75 | % |  |  | 24,483 |  |  |  | 4.00 | % |  |  | 36,725 |  |  |  | 6.00 | %
Park (Restated) |  |  | 662,390 |  |  |  | 13.24 | % |  |  | 200,154 |  |  |  | 4.00 | % |  |  | 300,230 |  |  |  | 6.00 | %
Leverage Ratio (to average total assets) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 410,879 |  |  |  | 6.68 | % |  | $ | 246,084 |  |  |  | 4.00 | % |  | $ | 307,605 |  |  |  | 5.00 | %
VB (Restated) (1)(2) |  |  | 71,897 |  |  |  | 9.12 | % |  |  | 31,520 |  |  |  | 4.00 | % |  |  | 39,400 |  |  |  | 5.00 | %
Park (Restated) |  |  | 662,390 |  |  |  | 9.54 | % |  |  | 277,817 |  |  |  | 4.00 | % |  |  | 347,271 |  |  |  | 5.00 | %
| (1) | Park management had agreed to maintain Vision Bank's total risk-based capital at 16.00% and the leverage ratio at 12.00%.
| (2) | As a result of the financial statement restatement for the year ended December 31, 2010, Vision Bank's December 31, 2010 total risk-based capital ratio declined from 19.55% to 13.12% and its leverage ratio declined from 14.05% to 9.12%.

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

X
- Definition The entire disclosure for banks, savings institutions, and credit unions, for regulatory capital requirements imposed by the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), the Office of Thrift Supervision (OTS) or for any state imposed capital requirements, as applicable. The disclosure may include (1) a description of regulatory capital requirements (a) for capital adequacy purposes and (b) established by the prompt corrective action provisions of Section 38 of the Federal Depository Insurance Act; (2) the actual or possible material effects of noncompliance with such requirements; (3) whether the entity is in compliance with the regulatory capital requirements including (a) required and actual ratios and amounts of Tier 1 leverage, Tier 1 risk-based, and total risk-based capital, tangible capital (for savings institutions), and Tier 3 capital for market risk (for certain banks and bank holding companies), (b) factors that may significantly affect capital adequacy; (4) the prompt corrective action category in which the entity was classified as of its most recent notification; (5) whether management believes any conditions or events since notification have changed the entity's category. Also may include additional information that might be disclosed in situations where substantial doubt about the entity's ability to continue as a going concern for a reasonable period of time. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1G -URI http://asc.fasb.org/extlink&oid=6918689&loc=SL5958577-112826 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=6918689&loc=SL5958570-112826 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6918689&loc=SL5958568-112826 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1E -URI http://asc.fasb.org/extlink&oid=6918689&loc=SL5958574-112826 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1H -URI http://asc.fasb.org/extlink&oid=6918689&loc=d3e65071-112826 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Audit and Accounting Guide (AAG) -Number AAG-DEP -Chapter 17 -Paragraph 15, 16, 17 -IssueDate 2006-05-01 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1C -URI http://asc.fasb.org/extlink&oid=6918689&loc=SL5958572-112826 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1F -URI http://asc.fasb.org/extlink&oid=6918689&loc=SL5958575-112826 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1D -URI http://asc.fasb.org/extlink&oid=6918689&loc=SL5958573-112826 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=6918689&loc=SL5958569-112826 + Details
Name: | us-gaap_RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration