XML 80 R60.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Segment Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Segment Reporting [Abstract] |
Schedule of operating results by Segment | Segment Information The Corporation is a financial holding company headquartered in Newark, Ohio. The operating segments for the Corporation are its chartered national bank subsidiary, PNB (headquartered in Newark, Ohio), SEPH and GFSC. GAAP requires management to disclose information about the different types of business activities in which a company engages and also information on the different economic environments in which a company operates, so that the users of the financial statements can better understand a company’s performance, better understand the potential for future cash flows, and make more informed judgments about the company as a whole. Park’s current operating segments are in line with GAAP as: (i) discrete financial information is available for each operating segment and (ii) the segments are aligned with internal reporting to Park’s Chief Executive Officer and President, who is the chief operating decision-maker.
Operating results for the year ended December 31, 2016 (In thousands)
|  | PNB |  |  | GFSC |  | SEPH |  | All Other |  | Total
Net interest income (loss) |  | $ | 227,576 |  |  |  | $ | 5,874 |  |  | $ | 4,774 |  |  | $ | (138 | ) |  | $ | 238,086 |
Provision for (recovery of) loan losses |  | 2,611 |  |  |  | 1,887 |  |  | (9,599 | ) |  | — |  |  | (5,101 | )
Other income (loss) |  | 74,803 |  |  |  | (1 | ) |  | 2,974 |  |  | 955 |  |  | 78,731 |
Other expense |  | 177,562 |  |  |  | 4,457 |  |  | 7,273 |  |  | 9,731 |  |  | 199,023 |
Income (loss) before taxes |  | 122,206 |  |  |  | (471 | ) |  | 10,074 |  |  | (8,914 | ) |  | 122,895 |
Income taxes (benefit) |  | 37,755 |  |  |  | (164 | ) |  | 3,526 |  |  | (4,357 | ) |  | 36,760 |
Net income (loss) |  | $ | 84,451 |  |  |  | $ | (307 | ) |  | $ | 6,548 |  |  | $ | (4,557 | ) |  | $ | 86,135 |
Balances at December 31, 2016
Assets |  | $ | 7,389,538 |  |  |  | $ | 32,268 |  |  | $ | 25,342 |  |  | $ | 20,438 |  |  | $ | 7,467,586 |
Loans |  | 5,234,828 |  |  |  | 32,661 |  |  | 12,354 |  |  | (7,986 | ) |  | 5,271,857 |
Deposits |  | 5,630,199 |  |  |  | 3,809 |  |  | — |  |  | (112,052 | ) |  | 5,521,956 |
Operating results for the year ended December 31, 2015 (In thousands)
|  | PNB |  |  | GFSC |  | SEPH |  | All Other |  | Total
Net interest income (loss) |  | $ | 220,879 |  |  |  | $ | 6,588 |  |  | $ | (74 | ) |  | $ | 239 |  |  | $ | 227,632 |
Provision for (recovery of) loan losses |  | 7,665 |  |  |  | 1,415 |  |  | (4,090 | ) |  | — |  |  | 4,990 |
Other income |  | 75,188 |  |  |  | 2 |  |  | 1,848 |  |  | 513 |  |  | 77,551 |
Other expense |  | 167,476 |  |  |  | 2,984 |  |  | 6,182 |  |  | 9,972 |  |  | 186,614 |
Income (loss) before taxes |  | 120,926 |  |  |  | 2,191 |  |  | (318 | ) |  | (9,220 | ) |  | 113,579 |
Income taxes (benefit) |  | 36,581 |  |  |  | 768 |  |  | (111 | ) |  | (4,671 | ) |  | 32,567 |
Net income (loss) |  | $ | 84,345 |  |  |  | $ | 1,423 |  |  | $ | (207 | ) |  | $ | (4,549 | ) |  | $ | 81,012 |
Balances at December 31, 2015
Assets |  | $ | 7,229,764 |  |  |  | $ | 35,793 |  |  | $ | 33,541 |  |  | $ | 12,256 |  |  | $ | 7,311,354 |
Loans |  | 5,029,072 |  |  |  | 35,469 |  |  | 15,153 |  |  | (11,609 | ) |  | 5,068,085 |
Deposits |  | 5,447,293 |  |  |  | 4,627 |  |  | — |  |  | (104,278 | ) |  | 5,347,642 |
Operating results for the year ended December 31, 2014 (In thousands)
|  | PNB |  |  | GFSC |  | SEPH |  | All Other |  | Total
Net interest income (loss) |  | $ | 218,641 |  |  |  | $ | 7,457 |  |  | $ | 958 |  |  | $ | (2,012 | ) |  | $ | 225,044 |
Provision for (recovery of) loan losses |  | 3,517 |  |  |  | 1,544 |  |  | (12,394 | ) |  | — |  |  | (7,333 | )
Other income (loss) |  | 69,384 |  |  |  | (1 | ) |  | 5,991 |  |  | 175 |  |  | 75,549 |
Other expense |  | 163,641 |  |  |  | 4,103 |  |  | 11,766 |  |  | 8,000 |  |  | 187,510 |
Income (loss) before taxes |  | 120,867 |  |  |  | 1,809 |  |  | 7,577 |  |  | (9,837 | ) |  | 120,416 |
Income taxes (benefit) |  | 37,960 |  |  |  | 634 |  |  | 2,652 |  |  | (4,787 | ) |  | 36,459 |
Net income (loss) |  | $ | 82,907 |  |  |  | $ | 1,175 |  |  | $ | 4,925 |  |  | $ | (5,050 | ) |  | $ | 83,957 |
Balances at December 31, 2014 |  |  |  |  |  |  |  |  |  |  |
Assets |  | $ | 6,910,386 |  |  |  | $ | 40,308 |  |  | $ | 43,762 |  |  | $ | 6,743 |  |  | $ | 7,001,199 |
Loans |  | 4,781,761 |  |  |  | 40,645 |  |  | 23,956 |  |  | (16,680 | ) |  | 4,829,682 |
Deposits |  | 5,222,766 |  |  |  | 5,883 |  |  | — |  |  | (100,649 | ) |  | 5,128,000 |
Schedule of reconciliation of financial information for the reportable segments to the Corporation’s consolidated totals | The following is a reconciliation of financial information for the reportable segments to the Corporation’s consolidated totals:
|  | 2016
(In thousands) |  | Net Interest Income |  | Depreciation Expense |  | Other Expense |  | Income Taxes |  | Assets |  | Deposits
Totals for reportable segments |  | $ | 238,224 |  |  | $ | 8,396 |  |  | $ | 180,896 |  |  | $ | 41,117 |  |  | $ | 7,447,148 |  |  | $ | 5,634,008 |
Elimination of intersegment items |  | 2,164 |  |  | — |  |  | — |  |  | — |  |  | (9,204 | ) |  | (112,052 | )
Parent Co. totals - not eliminated |  | (2,302 | ) |  | — |  |  | 9,731 |  |  | (4,357 | ) |  | 29,642 |  |  | — |
Totals |  | $ | 238,086 |  |  | $ | 8,396 |  |  | $ | 190,627 |  |  | $ | 36,760 |  |  | $ | 7,467,586 |  |  | $ | 5,521,956 |
|  | 2015
(In thousands) |  | Net Interest Income |  | Depreciation Expense |  | Other Expense |  | Income Taxes |  | Assets |  | Deposits
Totals for reportable segments |  | $ | 227,393 |  |  | $ | 7,347 |  |  | $ | 169,295 |  |  | $ | 37,238 |  |  | $ | 7,299,098 |  |  | $ | 5,451,920 |
Elimination of intersegment items |  | 2,561 |  |  | — |  |  | — |  |  | — |  |  | (13,557 | ) |  | (104,278 | )
Parent Co. totals - not eliminated |  | (2,322 | ) |  | — |  |  | 9,972 |  |  | (4,671 | ) |  | 25,813 |  |  | — |
Totals |  | $ | 227,632 |  |  | $ | 7,347 |  |  | $ | 179,267 |  |  | $ | 32,567 |  |  | $ | 7,311,354 |  |  | $ | 5,347,642 |
|  | 2014
(In thousands) |  | Net Interest Income |  | Depreciation Expense |  | Other Expense |  | Income Taxes |  | Assets |  | Deposits
Totals for reportable segments |  | $ | 227,056 |  |  | $ | 7,243 |  |  | $ | 172,267 |  |  | $ | 41,246 |  |  | $ | 6,994,456 |  |  | $ | 5,228,649 |
Elimination of intersegment items |  | 3,708 |  |  | — |  |  | — |  |  | — |  |  | (18,556 | ) |  | (100,649 | )
Parent Co. totals - not eliminated |  | (5,720 | ) |  | — |  |  | 8,000 |  |  | (4,787 | ) |  | 25,299 |  |  | — |
Totals |  | $ | 225,044 |  |  | $ | 7,243 |  |  | $ | 180,267 |  |  | $ | 36,459 |  |  | $ | 7,001,199 |  |  | $ | 5,128,000 |

X
- Definition Schedule of reconciliation of financial information [Table Text Block]. + References No definition available. + Details
Name: | prk_ScheduleOfReconciliationOfFinancialInformationTableTextBlock
Namespace Prefix: | prk_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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