XML 17 R37.htm IDEA: XBRL DOCUMENT
v3.20.1

Allowance For Loan Losses (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2020
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 periods ended March 31, 2020 and March 31, 2019 is summarized in the following tables.
| Three Months Ended March 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |
(In thousands) | Commercial, financial and agricultural |  | Commercial real estate |  | Construction real estate |  | Residential real estate |  | Consumer |  | Leases |  | Total
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance | $ | 20,203 |  |  | $ | 10,229 |  |  | $ | 5,311 |  |  | $ | 8,610 |  |  | $ | 12,211 |  |  | $ | 115 |  |  | $ | 56,679 |
Charge-offs | 523 |  |  | — |  |  | 6 |  |  | 71 |  |  | 2,085 |  |  | — |  |  | 2,685 |
Recoveries | 700 |  |  | 300 |  |  | 230 |  |  | 96 |  |  | 1,030 |  |  | — |  |  | 2,356 |
Net (recoveries)/charge-offs | (177) |  |  | (300) |  |  | (224) |  |  | (25) |  |  | 1,055 |  |  | — |  |  | 329 |
Provision/(recovery) | 1,164 |  |  | 1,062 |  |  | (42) |  |  | 382 |  |  | 2,572 |  |  | 15 |  |  | 5,153 |
Ending balance | $ | 21,544 |  |  | $ | 11,591 |  |  | $ | 5,493 |  |  | $ | 9,017 |  |  | $ | 13,728 |  |  | $ | 130 |  |  | $ | 61,503 |
| Three Months Ended March 31, 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 | 198 |  |  | 54 |  |  | — |  |  | 29 |  |  | 2,706 |  |  | — |  |  | 2,987 |
Recoveries | 416 |  |  | 59 |  |  | 88 |  |  | 382 |  |  | 1,400 |  |  | — |  |  | 2,345 |
Net (recoveries)/charge-offs | (218) |  |  | (5) |  |  | (88) |  |  | (353) |  |  | 1,306 |  |  | — |  |  | 642 |
Provision | 342 |  |  | 420 |  |  | 13 |  |  | 86 |  |  | 1,637 |  |  | — |  |  | 2,498 |
Ending balance | $ | 17,337 |  |  | $ | 10,193 |  |  | $ | 4,564 |  |  | $ | 9,170 |  |  | $ | 12,104 |  |  | $ | — |  |  | $ | 53,368 |
Composition Of The Allowance For Loan Losses | The composition of the allowance for loan losses at March 31, 2020 and December 31, 2019 was as follows:
| March 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |
(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 | $ | 5,365 |  |  | $ | 96 |  |  | $ | — |  |  | $ | 25 |  |  | $ | — |  |  | $ | 45 |  |  | $ | 5,531 |
Collectively evaluated for impairment | 16,138 |  |  | 11,487 |  |  | 5,493 |  |  | 8,922 |  |  | 13,728 |  |  | 85 |  |  | 55,853 |
Acquired with deteriorated credit quality | 41 |  |  | 8 |  |  | — |  |  | 70 |  |  | — |  |  | — |  |  | 119 |
Total ending allowance balance | $ | 21,544 |  |  | $ | 11,591 |  |  | $ | 5,493 |  |  | $ | 9,017 |  |  | $ | 13,728 |  |  | $ | 130 |  |  | $ | 61,503 |
Loan balance: |  |  |  |  |  |  |  |  |  |  |  |  |
Loans individually evaluated for impairment | $ | 29,500 |  |  | $ | 49,984 |  |  | $ | 452 |  |  | $ | 5,581 |  |  | $ | — |  |  | $ | 129 |  |  | $ | 85,646 |
Loans collectively evaluated for impairment | 1,172,741 |  |  | 1,568,199 |  |  | 333,500 |  |  | 1,868,949 |  |  | 1,451,296 |  |  | 28,423 |  |  | 6,423,108 |
Loans acquired with deteriorated credit quality | 616 |  |  | 9,243 |  |  | 1,126 |  |  | 2,439 |  |  | 1 |  |  | 340 |  |  | 13,765 |
Total ending loan balance | $ | 1,202,857 |  |  | $ | 1,627,426 |  |  | $ | 335,078 |  |  | $ | 1,876,969 |  |  | $ | 1,451,297 |  |  | $ | 28,892 |  |  | $ | 6,522,519 |
Allowance for loan losses as a percentage of loan balance: |  |  |  |  |  |  |  |  |  |  |  |  |
Loans individually evaluated for impairment | 18.19 | % |  | 0.19 | % |  | — | % |  | 0.45 | % |  | — | % |  | 34.88 | % |  | 6.46 | %
Loans collectively evaluated for impairment | 1.38 | % |  | 0.73 | % |  | 1.65 | % |  | 0.48 | % |  | 0.95 | % |  | 0.30 | % |  | 0.87 | %
Loans acquired with deteriorated credit quality | 6.66 | % |  | 0.09 | % |  | — | % |  | 2.87 | % |  | — | % |  | — | % |  | — | %
Total | 1.79 | % |  | 0.71 | % |  | 1.64 | % |  | 0.48 | % |  | 0.95 | % |  | 0.45 | % |  | 0.94 | %
Recorded investment: |  |  |  |  |  |  |  |  |  |  |  |  |
Loans individually evaluated for impairment | $ | 29,542 |  |  | $ | 50,147 |  |  | $ | 452 |  |  | $ | 5,581 |  |  | $ | — |  |  | $ | 129 |  |  | $ | 85,851 |
Loans collectively evaluated for impairment | 1,177,272 |  |  | 1,573,559 |  |  | 334,467 |  |  | 1,872,578 |  |  | 1,455,502 |  |  | 28,440 |  |  | 6,441,818 |
Loans acquired with deteriorated credit quality | 620 |  |  | 9,337 |  |  | 1,129 |  |  | 2,452 |  |  | 1 |  |  | 340 |  |  | 13,879 |
Total ending recorded investment | $ | 1,207,434 |  |  | $ | 1,633,043 |  |  | $ | 336,048 |  |  | $ | 1,880,611 |  |  | $ | 1,455,503 |  |  | $ | 28,909 |  |  | $ | 6,541,548 |
|  | December 31, 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 |  | $ | 5,104 |  |  | $ | 35 |  |  | $ | — |  |  | $ | 42 |  |  | $ | — |  |  | $ | 49 |  |  | $ | 5,230 |
Collectively evaluated for impairment |  | 14,948 |  |  | 10,187 |  |  | 5,311 |  |  | 8,458 |  |  | 12,211 |  |  | 66 |  |  | 51,181 |
Acquired with deteriorated credit quality |  | 151 |  |  | 7 |  |  | — |  |  | 110 |  |  | — |  |  | — |  |  | 268 |
Total ending allowance balance |  | $ | 20,203 |  |  | $ | 10,229 |  |  | $ | 5,311 |  |  | $ | 8,610 |  |  | $ | 12,211 |  |  | $ | 115 |  |  | $ | 56,679 |
Loan balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans individually evaluated for impairment |  | $ | 33,077 |  |  | $ | 41,770 |  |  | $ | 453 |  |  | $ | 2,025 |  |  | $ | — |  |  | $ | 134 |  |  | $ | 77,459 |
Loans collectively evaluated for impairment |  | 1,151,073 |  |  | 1,558,550 |  |  | 330,106 |  |  | 1,888,088 |  |  | 1,452,373 |  |  | 29,424 |  |  | 6,409,614 |
Loans acquired with deteriorated credit quality (1) |  | 960 |  |  | 9,093 |  |  | 1,140 |  |  | 2,613 |  |  | 2 |  |  | 523 |  |  | 14,331 |
Total ending loan balance |  | $ | 1,185,110 |  |  | $ | 1,609,413 |  |  | $ | 331,699 |  |  | $ | 1,892,726 |  |  | $ | 1,452,375 |  |  | $ | 30,081 |  |  | $ | 6,501,404 |
Allowance for loan losses as a percentage of loan balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans individually evaluated for impairment |  | 15.43 | % |  | 0.08 | % |  | — | % |  | 2.07 | % |  | — | % |  | 36.57 | % |  | 6.75 | %
Loans collectively evaluated for impairment |  | 1.30 | % |  | 0.65 | % |  | 1.61 | % |  | 0.45 | % |  | 0.84 | % |  | 0.22 | % |  | 0.80 | %
Loans acquired with deteriorated credit quality |  | 15.73 | % |  | 0.08 | % |  | — | % |  | 4.21 | % |  | — | % |  | — | % |  | 1.87 | %
Total |  | 1.70 | % |  | 0.64 | % |  | 1.60 | % |  | 0.45 | % |  | 0.84 | % |  | 0.38 | % |  | 0.87 | %
Recorded investment: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans individually evaluated for impairment |  | $ | 33,088 |  |  | $ | 41,791 |  |  | $ | 453 |  |  | $ | 2,025 |  |  | $ | — |  |  | $ | 134 |  |  | $ | 77,491 |
Loans collectively evaluated for impairment |  | 1,155,449 |  |  | 1,564,011 |  |  | 331,161 |  |  | 1,891,941 |  |  | 1,456,687 |  |  | 29,444 |  |  | 6,428,693 |
Loans acquired with deteriorated credit quality (1) |  | 966 |  |  | 9,182 |  |  | 1,143 |  |  | 2,625 |  |  | 2 |  |  | 523 |  |  | 14,441 |
Total ending recorded investment |  | $ | 1,189,503 |  |  | $ | 1,614,984 |  |  | $ | 332,757 |  |  | $ | 1,896,591 |  |  | $ | 1,456,689 |  |  | $ | 30,101 |  |  | $ | 6,520,625 |
(1) Excludes loans acquired with deteriorated credit quality which are individually evaluated for impairment due to additional credit deterioration or modification post acquisition. These loans had a balance of $5,000, a recorded investment of $6,000, and no allowance as of December 31, 2019.

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=121611835&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=121599337&loc=SL82919249-210447 + Details
Name: | us-gaap_ScheduleOfCreditLossesForFinancingReceivablesCurrentTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration