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Capital Ratios | 12 Months Ended
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Dec. 31, 2019
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 Basel III regulatory capital framework as approved by the federal banking agencies. The adoption of this framework modified the calculation of the various capital ratios, added an additional ratio, common equity tier 1, and revised the adequately and well-capitalized thresholds under the prompt corrective action regulations applicable to PNB. Additionally, under this framework, in order to avoid limitations on capital distributions, including dividend payments and stock repurchases, Park must hold a capital conservation buffer above the adequately capitalized risk-based capital ratios. The capital conservation buffer began to phase in starting on January 1, 2016 at 0.625% and effective January 1, 2019, was fully phased in at 2.50%. The capital conservation buffer was phased in from 0.0% for 2015 to being fully phased in at 2.50% at January 1, 2019. The amounts shown below as the adequately capitalized ratio plus capital conservation buffer includes the fully phased-in 2.50% buffer. The Federal Reserve Board also adopted requirements Park must maintain to be deemed "well-capitalized" and to remain a financial holding company. Each of PNB and Park met each of the well-capitalized ratio guidelines applicable to it at December 31, 2019. The following table indicates the capital ratios for PNB and Park at December 31, 2019 and 2018.
| As of December 31, 2019 |  |  |  |  |  |
| Leverage |  | Tier 1 Risk-Based |  | Common Equity Tier 1 |  | Total Risk-Based
PNB | 8.62 | % |  | 11.05 | % |  | 11.05 | % |  | 12.25 | %
Park | 9.64 | % |  | 12.33 | % |  | 12.11 | % |  | 13.19 | %
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 | 5.00 | % |  | 8.00 | % |  | 6.50 | % |  | 10.00 | %
Well-capitalized ratio - Park | N/A |  |  | 6.00 | % |  | N/A |  |  | 10.00 | %
| As of December 31, 2018 |  |  |  |  |  |
| Leverage |  | Tier 1 Risk-Based |  | Common Equity Tier 1 |  | Total Risk-Based
PNB | 8.29 | % |  | 11.01 | % |  | 11.01 | % |  | 12.30 | %
Park | 10.04 | % |  | 13.30 | % |  | 13.04 | % |  | 14.19 | %
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 | 5.00 | % |  | 8.00 | % |  | 6.50 | % |  | 10.00 | %
Well-capitalized ratio - Park | N/A |  |  | 6.00 | % |  | N/A |  |  | 10.00 | %
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, 2019 |  |  |  |  |  |  |  |  |  |  |  |
Total Risk-Based Capital (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 810,880 |  |  | 12.25 | % |  | $ | 529,480 |  |  | 8.00 | % |  | $ | 661,850 |  |  | 10.00 | %
Park |  | 877,108 |  |  | 13.19 | % |  | 532,169 |  |  | 8.00 | % |  | 665,211 |  |  | 10.00 | %
Tier 1 Risk-Based Capital (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 731,071 |  |  | 11.05 | % |  | $ | 397,110 |  |  | 6.00 | % |  | $ | 529,480 |  |  | 8.00 | %
Park |  | 820,312 |  |  | 12.33 | % |  | 399,127 |  |  | 6.00 | % |  | 399,127 |  |  | 6.00 | %
Leverage Ratio (to average total assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 731,071 |  |  | 8.62 | % |  | $ | 339,092 |  |  | 4.00 | % |  | $ | 423,866 |  |  | 5.00 | %
Park |  | 820,312 |  |  | 9.64 | % |  | 340,412 |  |  | 4.00 | % |  | N/A |  |  | N/A |
Common Equity Tier 1 (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 731,071 |  |  | 11.05 | % |  | $ | 297,832 |  |  | 4.50 | % |  | $ | 430,202 |  |  | 6.50 | %
Park |  | 805,312 |  |  | 12.11 | % |  | 299,345 |  |  | 4.50 | % |  | N/A |  |  | N/A |
At December 31, 2018 |  |  |  |  |  |  |  |  |  |  |  |
Total Risk-Based Capital (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 709,101 |  |  | 12.30 | % |  | $ | 461,293 |  |  | 8.00 | % |  | $ | 576,617 |  |  | 10.00 | %
Park |  | 826,006 |  |  | 14.19 | % |  | 465,732 |  |  | 8.00 | % |  | 582,166 |  |  | 10.00 | %
Tier 1 Risk-Based Capital (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 634,909 |  |  | 11.01 | % |  | $ | 345,970 |  |  | 6.00 | % |  | $ | 461,293 |  |  | 8.00 | %
Park |  | 774,369 |  |  | 13.30 | % |  | 349,299 |  |  | 6.00 | % |  | 349,299 |  |  | 6.00 | %
Leverage Ratio (to average total assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 634,909 |  |  | 8.29 | % |  | $ | 306,485 |  |  | 4.00 | % |  | $ | 383,106 |  |  | 5.00 | %
Park |  | 774,369 |  |  | 10.04 | % |  | 308,397 |  |  | 4.00 | % |  | N/A |  |  | N/A |
Common Equity Tier 1 (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | 634,909 |  |  | 11.01 | % |  | 259,478 |  |  | 4.50 | % |  | 374,801 |  |  | 6.50 | %
Park |  | 759,369 |  |  | 13.04 | % |  | 261,975 |  |  | 4.50 | % |  | N/A |  |  | N/A |

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- Definition The entire disclosure for regulatory capital requirement for depository and lending institutions. Institutions include, but not are not limited to, finance company, insured depository institution, bank holding company, savings and loan association holding company, bank and savings institution not federally insured, mortgage company, foreign financial institution and credit union. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1C -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958572-112826 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1D -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958573-112826 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958570-112826 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958569-112826 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1G -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958577-112826 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1F -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958575-112826 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1E -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958574-112826 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1H -URI http://asc.fasb.org/extlink&oid=117337116&loc=d3e65071-112826 + Details
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