XML 51 R30.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Earnings Per Common Share | 12 Months Ended
--- | ---
Dec. 31, 2015
Earnings Per Share [Abstract] |
Earnings Per Common Share | Earnings Per Common Share GAAP requires the reporting of basic and diluted earnings per common share. Basic earnings per common share excludes any dilutive effects of restricted stock units. The following table sets forth the computation of basic and diluted earnings per common share:
Year ended December 31 (In thousands, except share data) |  | 2015 |  | 2014 |  | 2013
Numerator: |  |  |  |  |  |
Net income available to common shareholders |  | $ | 81,012 |  |  | $ | 83,957 |  |  | $ | 76,869 |
Denominator: |  |  |  |  |  |
Basic earnings per common share: |  |  |  |  |  |
Weighted-average common shares outstanding |  | 15,364,281 |  |  | 15,394,971 |  |  | 15,412,365 |
Effect of dilutive securities – performance based restricted stock units |  | 40,459 |  |  | 18,861 |  |  | — |
Diluted earnings per common share: |  |  |  |  |  |
Adjusted weighted-average shares and assumed vesting |  | 15,404,740 |  |  | 15,413,832 |  |  | 15,412,365 |
Earnings per common share: |  |  |  |  |  |
Basic earnings per common share |  | $ | 5.27 |  |  | $ | 5.45 |  |  | $ | 4.99 |
Diluted earnings per common share |  | $ | 5.26 |  |  | $ | 5.45 |  |  | $ | 4.99 |
Park awarded 23,025 and 21,975 PBRSUs to certain employees during the years ended December 31, 2015 and 2014, respectively. The PBRSUs vest based on service and performance conditions. The dilutive effect of the PBRSUs was the addition of 40,459 and 18,861 common shares for the years ended December 31, 2015 and 2014, respectively. During the years ended December 31, 2015 and 2014, Park repurchased 71,700 and 29,700 common shares, respectively, to fund the PBRSUs and common shares awarded to directors of Park and to directors of Park's subsidiary PNB (and its divisions).

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration