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Stock Option Plan
 3 Months Ended
Mar. 31, 2011
Stock Option Plan [Abstract]  
Stock Option Plan
Note 8 – Stock Option Plan

Park did not grant any stock options during the three month periods ended March 31, 2011 and 2010. Additionally, no stock options vested during the first three months of 2011 or 2010.

The following table summarizes stock option activity during the first three months of 2011.

   
Stock Options
    
Weighted 
Average Exercise
Price Per Share
  
Outstanding at December 31, 2010
     78,075     $ 74.96  
Granted
     -       -  
Exercised
     -       -  
Forfeited/Expired
     2,180     $ 74.96  
Outstanding at March 31, 2011
     75,895     $ 74.96  

All of the stock options outstanding at March 31, 2011 were exercisable. The aggregate intrinsic value of the outstanding stock options at March 31, 2011 was $0.  No stock options were exercised during the first three months of 2011 or 2010. The weighted average contractual remaining term was 1.7 years for the stock options outstanding at March 31, 2011.

All of the common shares delivered upon exercise of incentive stock options granted under the 2005 Plan are to be treasury shares. At March 31, 2011, incentive stock options granted under the 2005 Plan covering 75,895 common shares were outstanding. At March 31, 2011, Park held 452,769 treasury shares that are available for the 2005 Plan.