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Long-Term Debt | 12 Months Ended
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Dec. 31, 2011
Long-Term Debt [Abstract] |
Long-Term Debt | 10. Long-Term Debt Long-term debt is listed below:
December 31, |  | 2011 |  |  | 2010 |
(In thousands) |  | Outstanding Balance |  |  | Average Rate |  |  | Outstanding Balance |  |  | Average Rate |
Total Federal Home Loan Bank advances by year of maturity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2011 |  | $ | - |  |  |  | - |  |  | $ | 16,460 |  |  |  | 1.99 | %
2012 |  |  | 15,500 |  |  |  | 2.09 | % |  |  | 15,500 |  |  |  | 2.09 | %
2013 |  |  | 75,500 |  |  |  | 1.11 | % |  |  | 500 |  |  |  | 4.03 | %
2014 |  |  | 75,500 |  |  |  | 1.61 | % |  |  | 500 |  |  |  | 4.23 | %
2015 |  |  | 51,000 |  |  |  | 2.00 | % |  |  | - |  |  |  | - |
2016 |  |  | 1,000 |  |  |  | 2.05 | % |  |  | - |  |  |  | - |
Thereafter |  |  | 303,314 |  |  |  | 3.02 | % |  |  | 302,342 |  |  |  | 3.02 | %
Total |  | $ | 521,814 |  |  |  | 2.41 | % |  | $ | 335,302 |  |  |  | 2.93 | %
Total broker repurchase agreements by year of maturity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2016 |  | $ | 75,000 |  |  |  | 4.05 | % |  | $ | 75,000 |  |  |  | 4.05 | %
Thereafter |  |  | 225,000 |  |  |  | 4.03 | % |  |  | 225,000 |  |  |  | 4.03 | %
Total |  | $ | 300,000 |  |  |  | 4.04 | % |  | $ | 300,000 |  |  |  | 4.04 | %
Other borrowings by year of maturity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2011 |  | $ | - |  |  |  | - |  |  | $ | 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 | %
2016 |  |  | 94 |  |  |  | 7.97 | % |  |  | 94 |  |  |  | 7.97 | %
Thereafter |  |  | 963 |  |  |  | 7.97 | % |  |  | 963 |  |  |  | 7.97 | %
Total |  | $ | 1,368 |  |  |  | 7.97 | % |  | $ | 1,431 |  |  |  | 7.97 | %
Total combined long-term debt by year of maturity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2011 |  | $ | - |  |  |  | - |  |  | $ | 16,523 |  |  |  | 2.01 | %
2012 |  |  | 15,569 |  |  |  | 2.12 | % |  |  | 15,569 |  |  |  | 2.12 | %
2013 |  |  | 75,574 |  |  |  | 1.11 | % |  |  | 574 |  |  |  | 4.54 | %
2014 |  |  | 75,581 |  |  |  | 1.62 | % |  |  | 581 |  |  |  | 4.75 | %
2015 |  |  | 51,087 |  |  |  | 2.01 | % |  |  | 87 |  |  |  | 7.97 | %
2016 |  |  | 76,094 |  |  |  | 4.03 | % |  |  | 75,094 |  |  |  | 4.05 | %
Thereafter |  |  | 529,277 |  |  |  | 3.46 | % |  |  | 528,305 |  |  |  | 3.46 | %
Total |  | $ | 823,182 |  |  |  | 3.01 | % |  | $ | 636,733 |  |  |  | 3.46 | %
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. This capital lease is scheduled to be assumed by Centennial Bank, in connection with their acquisition of Vision's branches, in the first quarter of 2012. Park had approximately $529.3 million of long-term debt at December 31, 2011 with a contractual maturity longer than five years. However, approximately $525 million of this debt is callable by the issuer in 2012. At December 31, 2011 and 2010, 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 The entire disclosure for long-term debt. + 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 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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