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Segment Information | 6 Months Ended
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Jun. 30, 2018
Segment Reporting [Abstract] |
Segment Information | 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, The Park National Bank (headquartered in Newark, Ohio) (“PNB”), SE Property Holdings, LLC (“SEPH”), and Guardian Financial Services Company (“GFSC”). Management is required 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 the company’s performance, better understand the potential for future cash flows, and make more informed judgments about the company as a whole. Park has three operating segments, 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 three months ended June 30, 2018
(In thousands) |  | PNB |  | GFSC |  | SEPH |  | All Other |  | Total
Net interest income |  | $ | 62,683 |  |  | $ | 1,261 |  |  | $ | 616 |  |  | $ | 182 |  |  | $ | 64,742 |
Provision for (recovery of) loan losses |  | 1,623 |  |  | 87 |  |  | (324 | ) |  | — |  |  | 1,386 |
Other income |  | 22,070 |  |  | 42 |  |  | 71 |  |  | 1,059 |  |  | 23,242 |
Other expense |  | 48,169 |  |  | 842 |  |  | 857 |  |  | 2,666 |  |  | 52,534 |
Income (loss) before income taxes |  | $ | 34,961 |  |  | $ | 374 |  |  | $ | 154 |  |  | $ | (1,425 | ) |  | $ | 34,064 |
Federal income tax expense (benefit) |  | 6,164 |  |  | 79 |  |  | 32 |  |  | (452 | ) |  | 5,823 |
Net income (loss) |  | $ | 28,797 |  |  | $ | 295 |  |  | $ | 122 |  |  | $ | (973 | ) |  | $ | 28,241 |
Assets (as of June 30, 2018) |  | $ | 7,404,498 |  |  | $ | 29,232 |  |  | $ | 7,786 |  |  | $ | 20,640 |  |  | $ | 7,462,156 |
|  | Operating Results for the three months ended June 30, 2017
(In thousands) |  | PNB |  | GFSC |  | SEPH |  | All Other |  | Total
Net interest income |  | $ | 57,822 |  |  | $ | 1,491 |  |  | $ | 282 |  |  | $ | 183 |  |  | $ | 59,778 |
Provision for (recovery of) loan losses |  | 4,574 |  |  | 373 |  |  | (366 | ) |  | — |  |  | 4,581 |
Other income |  | 20,582 |  |  | 8 |  |  | 8 |  |  | 101 |  |  | 20,699 |
Other expense |  | 45,280 |  |  | 841 |  |  | 1,267 |  |  | 2,166 |  |  | 49,554 |
Income (loss) before income taxes |  | $ | 28,550 |  |  | $ | 285 |  |  | $ | (611 | ) |  | $ | (1,882 | ) |  | $ | 26,342 |
Federal income tax expense (benefit) |  | 8,387 |  |  | 99 |  |  | (213 | ) |  | (963 | ) |  | 7,310 |
Net income (loss) |  | $ | 20,163 |  |  | $ | 186 |  |  | $ | (398 | ) |  | $ | (919 | ) |  | $ | 19,032 |
Assets (as of June 30, 2017) |  | $ | 7,754,898 |  |  | $ | 33,860 |  |  | $ | 24,595 |  |  | $ | 18,739 |  |  | $ | 7,832,092 |
|  | Operating Results for the six months ended June 30, 2018
(In thousands) |  | PNB |  | GFSC |  | SEPH |  | All Other |  | Total
Net interest income |  | $ | 124,124 |  |  | $ | 2,566 |  |  | $ | 2,493 |  |  | $ | 409 |  |  | $ | 129,592 |
Provision for (recovery of) loan losses |  | 1,556 |  |  | 590 |  |  | (500 | ) |  | — |  |  | 1,646 |
Other income |  | 41,985 |  |  | 72 |  |  | 3,658 |  |  | 4,430 |  |  | 50,145 |
Other expense |  | 97,170 |  |  | 1,602 |  |  | 2,882 |  |  | 5,188 |  |  | 106,842 |
Income (loss) before income taxes |  | $ | 67,383 |  |  | $ | 446 |  |  | $ | 3,769 |  |  | $ | (349 | ) |  | $ | 71,249 |
Federal income tax expense (benefit) |  | 11,841 |  |  | 94 |  |  | 791 |  |  | (841 | ) |  | 11,885 |
Net income |  | $ | 55,542 |  |  | $ | 352 |  |  | $ | 2,978 |  |  | $ | 492 |  |  | $ | 59,364 |
|  | Operating Results for the six months ended June 30, 2017
(In thousands) |  | PNB |  | GFSC |  | SEPH |  | All Other |  | Total
Net interest income |  | $ | 115,302 |  |  | $ | 2,969 |  |  | $ | 483 |  |  | $ | (24 | ) |  | $ | 118,730 |
Provision for (recovery of) loan losses |  | 5,294 |  |  | 810 |  |  | (647 | ) |  | — |  |  | 5,457 |
Other income (loss) |  | 39,696 |  |  | 24 |  |  | 37 |  |  | (103 | ) |  | 39,654 |
Other expense |  | 90,486 |  |  | 1,593 |  |  | 2,072 |  |  | 4,313 |  |  | 98,464 |
Income (loss) before income taxes |  | $ | 59,218 |  |  | $ | 590 |  |  | $ | (905 | ) |  | $ | (4,440 | ) |  | $ | 54,463 |
Federal income tax expense (benefit) |  | 17,569 |  |  | 206 |  |  | (316 | ) |  | (2,295 | ) |  | 15,164 |
Net income (loss) |  | $ | 41,649 |  |  | $ | 384 |  |  | $ | (589 | ) |  | $ | (2,145 | ) |  | $ | 39,299 |
The operating results of the Parent Company in the “All Other” column are used to reconcile the segment totals to the consolidated condensed statements of income for the three-month and six-month periods ended June 30, 2018 and 2017. The reconciling amounts for consolidated total assets for the periods ended June 30, 2018 and 2017 consisted of the elimination of intersegment borrowings and the assets of the Parent Company which were not eliminated.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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