XML 26 R15.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Earnings Per Common Share | 6 Months Ended
--- | ---
Jun. 30, 2016
Earnings Per Share [Abstract] |
Earnings Per Common Share | Earnings Per Common Share The following table sets forth the computation of basic and diluted earnings per common share for the three and six months ended June 30, 2016 and 2015.
|  | Three Months Ended June 30, | Six Months Ended June 30,
(In thousands, except share and per common share data) |  | 2016 |  | 2015 | 2016 |  | 2015
Numerator: |  |  |  |  |  |  |  |  |  |  |
Net income available to common shareholders |  | $ | 19,998 |  |  | $ | 21,039 |  | $ | 38,684 |  |  | $ | 40,083 |
Denominator: |  |  |  |  |  |  |  |  |
Weighted-average common shares outstanding |  | 15,330,802 |  |  | 15,370,882 |  | 15,330,808 |  |  | 15,375,026 |
Effect of dilutive performance-based restricted stock units |  | 68,481 |  |  | 36,999 |  | 72,088 |  |  | 36,894 |
Weighted-average common shares outstanding adjusted for the effect of dilutive performance-based restricted stock units |  | 15,399,283 |  |  | 15,407,881 |  | 15,402,896 |  |  | 15,411,920 |
Earnings per common share: |  |  |  |  |  |  |  |  |  |  |
Basic earnings per common share |  | $ | 1.30 |  |  | $ | 1.37 |  | $ | 2.52 |  |  | $ | 2.61 |
Diluted earnings per common share |  | $ | 1.30 |  |  | $ | 1.37 |  | $ | 2.51 |  |  | $ | 2.60 |
Park awarded 41,550 and 23,025 performance-based restricted stock units ("PBRSUs") to certain employees during the six months ended June 30, 2016 and 2015, respectively. No PBRSUs were awarded during the three months ended June 30, 2016 and 2015. As of June 30, 2016, 85,425 PBRSUs were outstanding. The PBRSUs vest based on service and performance conditions. The dilutive effect of the outstanding PBRSUs was the addition of 68,481 and 36,999 common shares for the three months ended June 30, 2016 and 2015, respectively, and 72,088 and 36,894 common shares for the six months ended June 30, 2016 and 2015, respectively. Park repurchased no common shares during the three and six months ended June 30, 2016. Park repurchased 21,500 common shares during the six months ended June 30, 2015, and no common shares during the three months ended June 30, 2015 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=64863997&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=64863997&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=65016374&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=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration