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Capital Ratios | 12 Months Ended
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Dec. 31, 2012
Capital [Abstract] |
Capital Ratios | Capital Ratios Prior to February 16, 2012, the Corporation operated two chartered bank subsidiaries, PNB and Vision. On February 16, 2012, Vision sold certain assets and liabilities to Centennial Bank. Following the sale, Vision surrendered its Florida banking charter to the Florida Office of Financial Regulation (See Note 3 of these Notes to Consolidated Financial Statements). At December 31, 2012 and 2011, the Corporation and each of its then 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, 2012 and December 31, 2011.
|  | 2012 |  | 2011
|  | Tier 1 Risk-Based |  | Total Risk-Based |  | Leverage |  | Tier 1 Risk-Based |  | Total Risk-Based |  | Leverage
Park National Bank |  | 9.28 | % |  | 11.17 | % |  | 6.43 | % |  | 9.52 | % |  | 11.46 | % |  | 6.58 | %
Vision Bank |  | N/A |  |  | N/A |  |  | N/A |  |  | 23.42 | % |  | 24.72 | % |  | 15.89 | %
Park |  | 13.12 | % |  | 15.77 | % |  | 9.17 | % |  | 14.15 | % |  | 16.65 | % |  | 9.81 | %
Failure to meet the minimum requirements above could cause the Federal Reserve Board to take action. Each of Park’s bank subsidiaries is also subject to the capital requirements of their primary regulators. As of December 31, 2012 and 2011, Park and its then banking subsidiaries were well-capitalized and met all capital requirements to which each was then subject. There are no conditions or events since PNB's most recent regulatory report filings, that management believes have changed the risk categories for PNB. The following table reflects various measures of capital for Park and each of PNB and VB (during the period it was a Park banking subsidiary):
|  |  |  |  |  | To Be Adequately Capitalized |  | To Be Well Capitalized
(In thousands) |  | Actual Amount |  | Ratio |  | Amount |  | Ratio |  | Amount |  | Ratio
At December 31, 2012 |  |  |  |  |  |  |  |  |  |  |  |
Total Risk-Based Capital (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 502,680 |  |  | 11.17 | % |  | $ | 359,971 |  |  | 8.00 | % |  | $ | 449,964 |  |  | 10.00 | %
Park |  | 732,413 |  |  | 15.77 | % |  | 371,477 |  |  | 8.00 | % |  | N/A |  |  | N/A |
Tier 1 Risk-Based Capital (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 417,690 |  |  | 9.28 | % |  | $ | 179,986 |  |  | 4.00 | % |  | $ | 269,978 |  |  | 6.00 | %
Park |  | 609,411 |  |  | 13.12 | % |  | 185,739 |  |  | 4.00 | % |  | N/A |  |  | N/A |
Leverage Ratio (to average total assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 417,690 |  |  | 6.43 | % |  | $ | 259,769 |  |  | 4.00 | % |  | $ | 324,711 |  |  | 5.00 | %
Park |  | 609,411 |  |  | 9.17 | % |  | 265,719 |  |  | 4.00 | % |  | N/A |  |  | N/A |
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 | % |  | N/A |  |  | N/A |
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 | % |  | N/A |  |  | N/A |
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 | % |  | N/A |  |  | N/A |
(1) | Park management had agreed to maintain Vision Bank’s total risk-based capital at 16.00% and the leverage ratio at 12.00%.

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- 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 1C -URI http://asc.fasb.org/extlink&oid=7881181&loc=SL5958572-112826 Reference 2: 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=7881181&loc=SL5958573-112826 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Audit and Accounting Guide (AAG) -Number AAG-DEP -Paragraph 15, 16, 17 -IssueDate 2006-05-01 -Chapter 17 -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 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=7881181&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 1 -URI http://asc.fasb.org/extlink&oid=7881181&loc=SL5958568-112826 Reference 6: 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=7881181&loc=SL5958570-112826 Reference 7: 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=7881181&loc=d3e65071-112826 Reference 8: 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=7881181&loc=SL5958569-112826 Reference 9: 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=7881181&loc=SL5958575-112826 Reference 10: 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=7881181&loc=SL5958577-112826 + Details
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