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Capital Ratios | 12 Months Ended
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Dec. 31, 2015
Capital [Abstract] |
Capital Ratios | Capital Ratios Financial institution regulators have established guidelines for minimum capital ratios for banks, thrifts and bank holding companies. During the first quarter of 2015, Park adopted the new Basel III regulatory capital framework as approved by the federal banking agencies. The adoption of this new framework modified the calculation of the various capital ratios, added a new ratio, common equity tier 1, and revised the adequately and well capitalized thresholds. Additionally, under the new rule, in order to avoid limitations on capital distributions, including dividend payments, Park must hold a capital conservation buffer above the adequately capitalized risk-based capital ratios. The capital conservation buffer is being phased in from 0.0% for 2015 to 2.50% by 2019. The amounts shown below as the adequately capitalized ratio plus capital conservation buffer includes the fully phased-in 2.50% buffer. PNB met each of the well capitalized ratio guidelines at December 31, 2015. The following table indicates the capital ratios for PNB and Park at December 31, 2015 and 2014.
| As of December 31, 2015
| Leverage |  | Tier 1 Risk-Based |  | Common Equity Tier 1 |  | Total Risk-Based
The Park National Bank | 7.06 | % |  | 9.83 | % |  | 9.83 | % |  | 11.37 | %
Park National Corporation | 9.22 | % |  | 12.82 | % |  | 12.54 | % |  | 14.49 | %
Adequately capitalized ratio | 4.00 | % |  | 6.00 | % |  | 4.50 | % |  | 8.00 | %
Adequately capitalized ratio plus capital conservation buffer | 4.00 | % |  | 8.50 | % |  | 7.00 | % |  | 10.50 | %
Well capitalized ratio (PNB only) | 5.00 | % |  | 8.00 | % |  | 6.50 | % |  | 10.00 | %
| As of December 31, 2014
| Leverage |  | Tier 1 Risk-Based |  | Common Equity Tier 1 |  | Total Risk-Based
The Park National Bank | 6.96 | % |  | 10.13 | % |  | N/A |  | 11.74 | %
Park National Corporation | 9.25 | % |  | 13.39 | % |  | N/A |  | 15.14 | %
Adequately capitalized ratio | 4.00 | % |  | 4.00 | % |  | N/A |  | 8.00 | %
Well capitalized ratio (PNB only) | 5.00 | % |  | 6.00 | % |  | N/A |  | 10.00 | %
Failure to meet the minimum requirements above could cause the FRB to take action. PNB is also subject to the capital requirements of its primary regulator, the OCC. As of December 31, 2015 and 2014, Park and PNB 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 PNB:
|  |  |  |  |  | To Be Adequately Capitalized |  | To Be Well Capitalized
(In thousands) |  | Actual Amount |  | Ratio |  | Amount |  | Ratio |  | Amount |  | Ratio
At December 31, 2015 |  |  |  |  |  |  |  |  |  |  |  |
Total Risk-Based Capital (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 588,467 |  |  | 11.37 | % |  | $ | 414,079 |  |  | 8.00 | % |  | $ | 517,599 |  |  | 10.00 | %
Park |  | 758,988 |  |  | 14.49 | % |  | 419,080 |  |  | 8.00 | % |  | N/A |  |  | N/A |
Tier 1 Risk-Based Capital (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 508,763 |  |  | 9.83 | % |  | $ | 310,560 |  |  | 6.00 | % |  | $ | 414,079 |  |  | 8.00 | %
Park |  | 671,664 |  |  | 12.82 | % |  | 314,310 |  |  | 6.00 | % |  | N/A |  |  | N/A |
Leverage Ratio (to average total assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 508,763 |  |  | 7.06 | % |  | $ | 288,147 |  |  | 4.00 | % |  | $ | 360,183 |  |  | 5.00 | %
Park |  | 671,664 |  |  | 9.22 | % |  | 291,449 |  |  | 4.00 | % |  | N/A |  |  | N/A |
Common Equity Tier 1 (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 508,763 |  |  | 9.83 | % |  | $ | 232,920 |  |  | 4.50 | % |  | $ | 336,439 |  |  | 6.50 | %
Park |  | 656,664 |  |  | 12.54 | % |  | 235,732 |  |  | 4.50 | % |  | N/A |  |  | N/A |
At December 31, 2014 |  |  |  |  |  |  |  |  |  |  |  |
Total Risk-Based Capital (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 563,188 |  |  | 11.74 | % |  | $ | 383,634 |  |  | 8.00 | % |  | $ | 479,542 |  |  | 10.00 | %
Park |  | 739,517 |  |  | 15.14 | % |  | 390,822 |  |  | 8.00 | % |  | N/A |  |  | N/A |
Tier 1 Risk-Based Capital (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 485,943 |  |  | 10.13 | % |  | $ | 191,817 |  |  | 4.00 | % |  | $ | 287,725 |  |  | 6.00 | %
Park |  | 654,339 |  |  | 13.39 | % |  | 195,411 |  |  | 4.00 | % |  | N/A |  |  | N/A |
Leverage Ratio (to average total assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 485,943 |  |  | 6.96 | % |  | $ | 279,210 |  |  | 4.00 | % |  | $ | 349,013 |  |  | 5.00 | %
Park |  | 654,339 |  |  | 9.25 | % |  | 282,992 |  |  | 4.00 | % |  | N/A |  |  | N/A |
Common Equity Tier 1 (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | N/A |  |  | N/A |  |  | N/A |  |  | N/A |  |  | N/A |  |  | N/A |
Park |  | N/A |  |  | N/A |  |  | N/A |  |  | N/A |  |  | N/A |  |  | N/A |

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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 1G -URI http://asc.fasb.org/extlink&oid=35709795&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 1C -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958572-112826 Reference 3: 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=35709795&loc=SL5958574-112826 Reference 4: 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=35709795&loc=d3e65071-112826 Reference 5: 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=35709795&loc=SL5958569-112826 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=35709795&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 1F -URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958575-112826 Reference 8: 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=35709795&loc=SL5958568-112826 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=35709795&loc=SL5958573-112826 + Details
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