XML 47 R36.htm IDEA: XBRL DOCUMENT
v3.19.2

Allowance For Loan Losses (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2019
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery [Abstract] |
Activity In The Allowance For Loan Losses | The activity in the allowance for loan losses for the three-month and six-month periods ended June 30, 2019 and June 30, 2018 is summarized in the following tables.
| Three Months Ended June 30, 2019
(In thousands) | Commercial, financial and agricultural |  | Commercial real estate |  | Construction real estate |  | Residential real estate |  | Consumer |  | Leases |  | Total
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance | $ | 17,337 |  |  | $ | 10,193 |  |  | $ | 4,564 |  |  | $ | 9,170 |  |  | $ | 12,104 |  |  | $ | — |  |  | $ | 53,368 |
Charge-offs | 715 |  |  | 339 |  |  | — |  |  | 62 |  |  | 1,812 |  |  | — |  |  | 2,928 |
Recoveries | 164 |  |  | 55 |  |  | 23 |  |  | 160 |  |  | 1,241 |  |  | 1 |  |  | 1,644 |
Net charge-offs/(recoveries) | 551 |  |  | 284 |  |  | (23 | ) |  | (98 | ) |  | 571 |  |  | (1 | ) |  | 1,284 |
Provision/(recovery) | 584 |  |  | 468 |  |  | 478 |  |  | (399 | ) |  | 732 |  |  | 56 |  |  | 1,919 |
Ending balance | $ | 17,370 |  |  | $ | 10,377 |  |  | $ | 5,065 |  |  | $ | 8,869 |  |  | $ | 12,265 |  |  | $ | 57 |  |  | $ | 54,003 |
| Three Months Ended June 30, 2018
(In thousands) | Commercial, financial and agricultural |  | Commercial real estate |  | Construction real estate |  | Residential real estate |  | Consumer |  | Leases |  | Total
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance | $ | 14,077 |  |  | $ | 9,488 |  |  | $ | 4,463 |  |  | $ | 9,415 |  |  | $ | 11,526 |  |  | $ | — |  |  | $ | 48,969 |
Charge-offs | 287 |  |  | 182 |  |  | 31 |  |  | 102 |  |  | 2,114 |  |  | — |  |  | 2,716 |
Recoveries | 206 |  |  | 89 |  |  | 220 |  |  | 244 |  |  | 1,054 |  |  | — |  |  | 1,813 |
Net charge-offs/(recoveries) | 81 |  |  | 93 |  |  | (189 | ) |  | (142 | ) |  | 1,060 |  |  | — |  |  | 903 |
Provision/(recovery) | 482 |  |  | 11 |  |  | — |  |  | (312 | ) |  | 1,205 |  |  | — |  |  | 1,386 |
Ending balance | $ | 14,478 |  |  | $ | 9,406 |  |  | $ | 4,652 |  |  | $ | 9,245 |  |  | $ | 11,671 |  |  | $ | — |  |  | $ | 49,452 |
| Six Months Ended June 30, 2019
(In thousands) | Commercial, financial and agricultural |  | Commercial real estate |  | Construction real estate |  | Residential real estate |  | Consumer |  | Leases |  | Total
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance | $ | 16,777 |  |  | $ | 9,768 |  |  | $ | 4,463 |  |  | $ | 8,731 |  |  | $ | 11,773 |  |  | $ | — |  |  | $ | 51,512 |
Charge-offs | 913 |  |  | 393 |  |  | — |  |  | 91 |  |  | 4,518 |  |  | — |  |  | 5,915 |
Recoveries | 580 |  |  | 114 |  |  | 111 |  |  | 542 |  |  | 2,641 |  |  | 1 |  |  | 3,989 |
Net charge-offs/(recoveries) | 333 |  |  | 279 |  |  | (111 | ) |  | (451 | ) |  | 1,877 |  |  | (1 | ) |  | 1,926 |
Provision/(recovery) | 926 |  |  | 888 |  |  | 491 |  |  | (313 | ) |  | 2,369 |  |  | 56 |  |  | 4,417 |
Ending balance | $ | 17,370 |  |  | $ | 10,377 |  |  | $ | 5,065 |  |  | $ | 8,869 |  |  | $ | 12,265 |  |  | $ | 57 |  |  | $ | 54,003 |
| Six Months Ended June 30, 2018
(In thousands) | Commercial, financial and agricultural |  | Commercial real estate |  | Construction real estate |  | Residential real estate |  | Consumer |  | Leases |  | Total
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance | $ | 15,022 |  |  | $ | 9,601 |  |  | $ | 4,430 |  |  | $ | 9,321 |  |  | $ | 11,614 |  |  | $ | — |  |  | $ | 49,988 |
Charge-offs | 936 |  |  | 229 |  |  | 31 |  |  | 218 |  |  | 4,752 |  |  | — |  |  | 6,166 |
Recoveries | 858 |  |  | 176 |  |  | 279 |  |  | 604 |  |  | 2,067 |  |  | — |  |  | 3,984 |
Net charge-offs/(recoveries) | 78 |  |  | 53 |  |  | (248 | ) |  | (386 | ) |  | 2,685 |  |  | — |  |  | 2,182 |
(Recovery)/provision | (466 | ) |  | (142 | ) |  | (26 | ) |  | (462 | ) |  | 2,742 |  |  | — |  |  | 1,646 |
Ending balance | $ | 14,478 |  |  | $ | 9,406 |  |  | $ | 4,652 |  |  | $ | 9,245 |  |  | $ | 11,671 |  |  | $ | — |  |  | $ | 49,452 |
Composition Of The Allowance For Loan Losses | The composition of the allowance for loan losses at June 30, 2019 and December 31, 2018 was as follows:
| June 30, 2019
(In thousands) | Commercial, financial and agricultural |  | Commercial real estate |  | Construction real estate |  | Residential real estate |  | Consumer |  | Leases |  | Total
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending allowance balance attributed to loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment | $ | 2,279 |  |  | $ | 48 |  |  | $ | 3 |  |  | $ | 21 |  |  | $ | — |  |  | $ | 28 |  |  | $ | 2,379 |
Collectively evaluated for impairment | 15,091 |  |  | 10,329 |  |  | 5,062 |  |  | 8,848 |  |  | 12,265 |  |  | 29 |  |  | 51,624 |
Acquired with deteriorated credit quality (1) | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total ending allowance balance | $ | 17,370 |  |  | $ | 10,377 |  |  | $ | 5,065 |  |  | $ | 8,869 |  |  | $ | 12,265 |  |  | $ | 57 |  |  | $ | 54,003 |
Loan balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans individually evaluated for impairment | $ | 19,586 |  |  | $ | 26,432 |  |  | $ | 2,243 |  |  | $ | 1,873 |  |  | $ | — |  |  | $ | 91 |  |  | $ | 50,225 |
Loans collectively evaluated for impairment | 1,135,656 |  |  | 1,571,913 |  |  | 310,321 |  |  | 1,892,083 |  |  | 1,363,183 |  |  | 30,329 |  |  | 6,303,485 |
Loans acquired with deteriorated credit quality (1) | 3,814 |  |  | 13,946 |  |  | 1,383 |  |  | 3,247 |  |  | 3 |  |  | 634 |  |  | 23,027 |
Total ending loan balance | $ | 1,159,056 |  |  | $ | 1,612,291 |  |  | $ | 313,947 |  |  | $ | 1,897,203 |  |  | $ | 1,363,186 |  |  | $ | 31,054 |  |  | $ | 6,376,737 |
Allowance for loan losses as a percentage of loan balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans individually evaluated for impairment | 11.64 | % |  | 0.18 | % |  | 0.13 | % |  | 1.12 | % |  | — | % |  | 30.77 | % |  | 4.74 | %
Loans collectively evaluated for impairment | 1.33 | % |  | 0.66 | % |  | 1.63 | % |  | 0.47 | % |  | 0.90 | % |  | 0.10 | % |  | 0.82 | %
Loans acquired with deteriorated credit quality | — | % |  | — | % |  | — | % |  | — | % |  | — | % |  | — | % |  | — | %
Total | 1.50 | % |  | 0.64 | % |  | 1.61 | % |  | 0.47 | % |  | 0.90 | % |  | 0.18 | % |  | 0.85 | %
Recorded investment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans individually evaluated for impairment | $ | 19,586 |  |  | $ | 26,461 |  |  | $ | 2,243 |  |  | $ | 1,874 |  |  | $ | — |  |  | $ | 91 |  |  | $ | 50,255 |
Loans collectively evaluated for impairment | 1,141,030 |  |  | 1,577,436 |  |  | 311,425 |  |  | 1,896,671 |  |  | 1,367,321 |  |  | 30,347 |  |  | 6,324,230 |
Loans acquired with deteriorated credit quality (1) | 3,836 |  |  | 14,055 |  |  | 1,405 |  |  | 3,265 |  |  | 3 |  |  | 634 |  |  | 23,198 |
Total ending recorded investment | $ | 1,164,452 |  |  | $ | 1,617,952 |  |  | $ | 315,073 |  |  | $ | 1,901,810 |  |  | $ | 1,367,324 |  |  | $ | 31,072 |  |  | $ | 6,397,683 |
(1) Excludes loans acquired with deteriorated credit quality which are individually evaluated for impairment due to additional credit deterioration post-acquisition. These loans had a balance of $888,000, a recorded investment of $890,000, and a $3,000 allowance as of June 30, 2019.
|  | December 31, 2018
(In thousands) |  | Commercial, financial and agricultural |  | Commercial real estate |  | Construction real estate |  | Residential real estate |  | Consumer |  | Leases |  | Total
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending allowance balance attributed to loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | 2,169 |  |  | $ | 86 |  |  | $ | — |  |  | $ | 18 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,273 |
Collectively evaluated for impairment |  | 14,608 |  |  | 9,682 |  |  | 4,463 |  |  | 8,713 |  |  | 11,773 |  |  | — |  |  | 49,239 |
Acquired with deteriorated credit quality |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total ending allowance balance |  | $ | 16,777 |  |  | $ | 9,768 |  |  | $ | 4,463 |  |  | $ | 8,731 |  |  | $ | 11,773 |  |  | $ | — |  |  | $ | 51,512 |
Loan balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans individually evaluated for impairment |  | $ | 15,119 |  |  | $ | 28,418 |  |  | $ | 1,866 |  |  | $ | 2,732 |  |  | $ | — |  |  | $ | — |  |  | $ | 48,135 |
Loans collectively evaluated for impairment |  | 1,057,520 |  |  | 1,251,579 |  |  | 245,909 |  |  | 1,790,637 |  |  | 1,292,136 |  |  | 2,273 |  |  | 5,640,054 |
Loans acquired with deteriorated credit quality (1) |  | 147 |  |  | 3,048 |  |  | 499 |  |  | 249 |  |  | — |  |  | — |  |  | 3,943 |
Total ending loan balance |  | $ | 1,072,786 |  |  | $ | 1,283,045 |  |  | $ | 248,274 |  |  | $ | 1,793,618 |  |  | $ | 1,292,136 |  |  | $ | 2,273 |  |  | $ | 5,692,132 |
Allowance for loan losses as a percentage of loan balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans individually evaluated for impairment |  | 14.35 | % |  | 0.30 | % |  | — | % |  | 0.66 | % |  | — | % |  | — | % |  | 4.72 | %
Loans collectively evaluated for impairment |  | 1.38 | % |  | 0.77 | % |  | 1.81 | % |  | 0.49 | % |  | 0.91 | % |  | — | % |  | 0.87 | %
Loans acquired with deteriorated credit quality |  | — | % |  | — | % |  | — | % |  | — | % |  | — | % |  | — | % |  | — | %
Total |  | 1.56 | % |  | 0.76 | % |  | 1.80 | % |  | 0.49 | % |  | 0.91 | % |  | — | % |  | 0.90 | %
Recorded investment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans individually evaluated for impairment |  | $ | 15,120 |  |  | $ | 28,426 |  |  | $ | 1,866 |  |  | $ | 2,732 |  |  | $ | — |  |  | $ | — |  |  | $ | 48,144 |
Loans collectively evaluated for impairment |  | 1,062,121 |  |  | 1,256,310 |  |  | 246,864 |  |  | 1,794,207 |  |  | 1,295,892 |  |  | 2,299 |  |  | 5,657,693 |
Loans acquired with deteriorated credit quality (1) |  | 148 |  |  | 3,059 |  |  | 503 |  |  | 251 |  |  | — |  |  | — |  |  | 3,961 |
Total ending recorded investment |  | $ | 1,077,389 |  |  | $ | 1,287,795 |  |  | $ | 249,233 |  |  | $ | 1,797,190 |  |  | $ | 1,295,892 |  |  | $ | 2,299 |  |  | $ | 5,709,798 |
(1) Excludes loans acquired with deteriorated credit quality which are individually evaluated for impairment due to additional credit deterioration post acquisition. These loans had a balance of $475,000, a recorded investment of $475,000, and no allowance as of December 31, 2018.

X
- Definition Schedule Of Allowance For Loan Losses [Text Block] + References No definition available. + Details
Name: | prk_ScheduleOfAllowanceForLoanLossesTextBlock
Namespace Prefix: | prk_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of allowance for credit loss of financing receivable, classified as current. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953423-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=119407570&loc=SL82919249-210447 + Details
Name: | us-gaap_ScheduleOfCreditLossesForFinancingReceivablesCurrentTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration