XML 46 R35.htm IDEA: XBRL DOCUMENT
v3.21.1

Loans (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2021
Loans and Leases Receivable Disclosure [Line Items] |
Composition Of Loan Portfolio By Class Of Loan | The composition of the loan portfolio, by class of loan, at March 31, 2021 and December 31, 2020 was as follows:
| March 31, 2021 |  |  | December 31, 2020
(In thousands) | Amortized Cost |  |  | Amortized Cost | Accrued Interest Receivable | Recorded Investment
Commercial, financial and agricultural: (1) |  |  |  | $ | 1,588,989 |  | $ | 6,528 |  | $ | 1,595,517 |
Commercial, financial and agricultural (1) | $ | 1,198,615 |  |  |  | (2) | (2) | (2)
PPP loans | 386,990 |  |  |  | (2) | (2) | (2)
Overdrafts | 2,373 |  |  |  | (2) | (2) | (2)
Commercial real estate (1) | 1,756,921 |  |  |  | 1,748,189 |  | 6,017 |  | 1,754,206 |
Construction real estate: |  |  |  |  |  |
Commercial | 223,318 |  |  |  | 226,991 |  | 572 |  | 227,563 |
Retail | 114,110 |  |  |  | 116,430 |  | 235 |  | 116,665 |
Residential real estate: |  |  |  |  |  |
Commercial | 541,968 |  |  |  | 526,222 |  | 1,161 |  | 527,383 |
Mortgage | 1,077,696 |  |  |  | 1,096,358 |  | 947 |  | 1,097,305 |
HELOC | 171,388 |  |  |  | 182,028 |  | 647 |  | 182,675 |
Installment | 7,601 |  |  |  | 8,436 |  | 22 |  | 8,458 |
Consumer: |  |  |  | 1,659,704 |  | 4,510 |  | 1,664,214 |
Consumer | 1,657,874 |  |  |  | (2) | (2) | (2)
Guardian ("GFSC") | 5,225 |  |  |  | (2) | (2) | (2)
Check loans | 2,109 |  |  |  | (2) | (2) | (2)
Leases | 22,557 |  |  |  | 24,438 |  | 14 |  | 24,452 |
Total | $ | 7,168,745 |  |  |  | $ | 7,177,785 |  | $ | 20,653 |  | $ | 7,198,438 |
Allowance for credit losses | (86,886) |  |  |  | (85,675) |  |  |
Net loans | $ | 7,081,859 |  |  |  | $ | 7,092,110 |  |  |
(1) Included within each of commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that were not broken out by class. (2) Results for reporting periods beginning after January 1, 2021 are presented under ASC 326, while prior period amounts continue to be reported in accordance with previously applicable U.S. GAAP. Category was not broken out as a separate class at December 31, 2020.
Recorded Investment In Nonaccrual Restructured And Loans Past Due 90 Days Or More And Accruing | The following table presents the amortized cost of nonaccrual loans, accruing TDRs, and loans past due 90 days or more and still accruing, by class of loan, at March 31, 2021:
|  | March 31, 2021
(In thousands) |  | Nonaccrual Loans |  | Accruing TDRs |  | Loans Past Due 90 Days or More and Accruing |  | Total Nonperforming Loans
Commercial, financial and agricultural: |  |  |  |  |  |  |  |
Commercial, financial and agricultural |  | $ | 21,121 |  |  | $ | 590 |  |  | $ | — |  |  | $ | 21,711 |
PPP loans |  | — |  |  | — |  |  | 18 |  |  | 18 |
Overdrafts |  | — |  |  | — |  |  | — |  |  | — |
Commercial real estate |  | 66,353 |  |  | 2,545 |  |  | 24 |  |  | 68,922 |
Construction real estate: |  |  |  |  |  |  |  |
Commercial |  | 2,962 |  |  | — |  |  | — |  |  | 2,962 |
Retail |  | 13 |  |  | 28 |  |  | — |  |  | 41 |
Residential real estate: |  |  |  |  |  |  |  |
Commercial |  | 5,119 |  |  | 284 |  |  | — |  |  | 5,403 |
Mortgage |  | 14,090 |  |  | 7,806 |  |  | 491 |  |  | 22,387 |
HELOC |  | 1,438 |  |  | 825 |  |  | — |  |  | 2,263 |
Installment |  | 185 |  |  | 1,772 |  |  | — |  |  | 1,957 |
Consumer: |  |  |  |  |  |  |  |
Consumer |  | 1,754 |  |  | 949 |  |  | 239 |  |  | 2,942 |
GFSC |  | 198 |  |  | 18 |  |  | 30 |  |  | 246 |
Check loans |  | — |  |  | — |  |  | — |  |  | — |
Leases |  | 1,475 |  |  | — |  |  | — |  |  | 1,475 |
Total loans |  | $ | 114,708 |  |  | $ | 14,817 |  |  | $ | 802 |  |  | $ | 130,327 |
The following table presents the recorded investment in nonaccrual loans, accruing TDRs, and loans past due 90 days or more and still accruing, by class of loan, at December 31, 2020:
|  | December 31, 2020
(In thousands) |  | Nonaccrual Loans |  | Accruing TDRs |  | Loans Past Due 90 Days or More and Accruing |  | Total Nonperforming Loans
Commercial, financial and agricultural |  | $ | 23,261 |  |  | $ | 5,619 |  |  | $ | — |  |  | $ | 28,880 |
Commercial real estate |  | 67,426 |  |  | 2,931 |  |  | 377 |  |  | 70,734 |
Construction real estate: |  |  |  |  |  |  |  |
Commercial |  | 3,110 |  |  | — |  |  | — |  |  | 3,110 |
Mortgage |  | 14 |  |  | 31 |  |  | — |  |  | 45 |
Residential real estate: |  |  |  |  |  |  |  |
Commercial |  | 4,304 |  |  | 253 |  |  | — |  |  | 4,557 |
Mortgage |  | 14,016 |  |  | 8,400 |  |  | 416 |  |  | 22,832 |
HELOC |  | 1,286 |  |  | 909 |  |  | 77 |  |  | 2,272 |
Installment |  | 184 |  |  | 1,728 |  |  | — |  |  | 1,912 |
Consumer |  | 2,172 |  |  | 1,017 |  |  | 724 |  |  | 3,913 |
Leases |  | 1,595 |  |  | — |  |  | — |  |  | 1,595 |
Total loans |  | $ | 117,368 |  |  | $ | 20,888 |  |  | $ | 1,594 |  |  | $ | 139,850 |
Financing Receivable, Nonaccrual | The following table provides additional detail on nonaccrual loans and the related ACL, by class of loan, at March 31, 2021:
|  | March 31, 2021
(In thousands) |  | Nonaccrual Loans With No ACL |  | Nonaccrual Loans With an ACL |  | Related ACL
Commercial, financial and agricultural: |  |  |  |  |  |
Commercial, financial and agricultural |  | $ | 15,166 |  |  | $ | 5,955 |  |  | $ | 4,276 |
PPP loans |  | — |  |  | — |  |  | — |
Overdrafts |  | — |  |  | — |  |  | — |
Commercial real estate |  | 59,563 |  |  | 6,790 |  |  | 384 |
Construction real estate: |  |  |  |  |  |
Commercial |  | 2,962 |  |  | — |  |  | — |
Retail |  | — |  |  | 13 |  |  | — |
Residential real estate: |  |  |  |  |  |
Commercial |  | 4,815 |  |  | 304 |  |  | 22 |
Mortgage |  | — |  |  | 14,090 |  |  | 136 |
HELOC |  | — |  |  | 1,438 |  |  | 194 |
Installment |  | — |  |  | 185 |  |  | 39 |
Consumer |  |  |  |  |  |
Consumer |  | — |  |  | 1,754 |  |  | 570 |
GFSC |  | — |  |  | 198 |  |  | 23 |
Check loans |  | — |  |  | — |  |  | — |
Leases |  | 558 |  |  | 917 |  |  | 232 |
Total loans |  | $ | 83,064 |  |  | $ | 31,644 |  |  | $ | 5,876 |
Schedule of impaired financing receivables additional info | The following table presents loans individually evaluated for impairment by class of loan as of December 31, 2020:
|  | 12/31/2020
(In thousands) |  | Unpaid Principal Balance |  | Recorded Investment |  | ACL Allocated
With no related allowance recorded |  |  |  |
Commercial, financial and agricultural |  | $ | 23,316 |  |  | $ | 22,970 |  |  | $ | — |
Commercial real estate |  | 63,639 |  |  | 63,467 |  |  | — |
Construction real estate: |  |  |  |  |  |
Commercial |  | 3,110 |  |  | 3,110 |  |  | — |
Residential real estate: |  |  |  |  |  |
Commercial |  | 4,522 |  |  | 4,448 |  |  | — |
Leases |  | 568 |  |  | 568 |  |  | — |
With an allowance recorded |  |  |  |  |  |
Commercial, financial and agricultural |  | 5,881 |  |  | 5,866 |  |  | 3,758 |
Commercial real estate |  | 6,890 |  |  | 6,890 |  |  | 1,316 |
Construction real estate: |  |  |  |  |  |
Commercial |  | — |  |  | — |  |  | — |
Residential real estate: |  |  |  |  |  |
Commercial |  | 109 |  |  | 109 |  |  | 16 |
Leases |  | 1,027 |  |  | 1,027 |  |  | 344 |
Total |  | $ | 109,062 |  |  | $ | 108,455 |  |  | $ | 5,434 |
The following table provides the amortized cost basis of collateral-dependent loans by class of loan, as of March 31, 2021:
|  | March 31, 2021
(In thousands) |  | Real Estate |  | Business Assets |  | Other | Total
Commercial, financial and agricultural |  |  |  |  |  |  |
Commercial, financial and agricultural |  | $ | 8,482 |  |  | $ | 12,288 |  |  | $ | 1,204 |  | $ | 21,974 |
Commercial real estate |  | 67,253 |  |  | 8,482 |  |  | 60 |  | 75,795 |
Construction real estate: |  |  |  |  |  |  |
Commercial |  | 3,946 |  |  | — |  |  | — |  | 3,946 |
Residential real estate: |  |  |  |  |  |  |
Commercial |  | 6,880 |  |  | — |  |  | — |  | 6,880 |
Mortgage |  | 383 |  |  | — |  |  | — |  | 383 |
HELOC |  | 136 |  |  | — |  |  | — |  | 136 |
Leases |  | — |  |  | 1,577 |  |  | — |  | 1,577 |
Total loans |  | $ | 87,080 |  |  | $ | 22,347 |  |  | $ | 1,264 |  | $ | 110,691 |
Interest income on nonaccrual loans individually evaluated for impairment is recognized on a cash basis only when Park expects to receive the entire recorded investment in the loans. Interest income on accruing TDRs individually evaluated for impairment continues to be recorded on an accrual basis. The following table presents interest income recognized on nonaccrual loans for the three-month period ended March 31, 2021:
(In thousands) |  | Interest Income Recognized
Commercial, financial and agricultural: |  |
Commercial, financial and agricultural |  | $ | 57 |
PPP loans |  | — |
Overdrafts |  | — |
Commercial real estate |  | 515 |
Construction real estate: |  |
Commercial |  | 33 |
Retail |  | 1 |
Residential real estate: |  |
Commercial |  | 46 |
Mortgage |  | 79 |
HELOC |  | 4 |
Installment |  | 1 |
Consumer: |  |
Consumer |  | 23 |
GFSC |  | 5 |
Check loans |  | — |
Leases |  | 20 |
Total loans |  | $ | 784 |
The following table presents the average recorded investment and interest income recognized subsequent to impairment on loans individually evaluated for impairment as of and for the three months ended March 31, 2020:
|  |  |  | Three months ended March 31, 2020
(In thousands) |  | Recorded Investment as of March 31, 2020 |  | Average Recorded Investment |  | Interest Income Recognized
Commercial, financial and agricultural |  | $ | 29,542 |  |  | $ | 31,657 |  |  | $ | 204 |
Commercial real estate |  | 50,147 |  |  | 44,457 |  |  | 481 |
Construction real estate: |  |  |  |  |  |
Commercial |  | 452 |  |  | 424 |  |  | 4 |
Residential real estate: |  |  |  |  |  |
Commercial |  | 5,581 |  |  | 2,925 |  |  | 23 |
Leases |  | 129 |  |  | 132 |  |  | — |
Total |  | $ | 85,851 |  |  | $ | 79,595 |  |  | $ | 712 |
Financing Receivable, Past Due | The following table presents the aging of the amortized cost in past due loans at March 31, 2021 by class of loan:
| March 31, 2021
(In thousands) | Accruing Loans Past Due 30-89 Days |  | Past Due Nonaccrual Loans and Loans Past Due 90 Days or More and Accruing (1) |  | Total Past Due |  | Total Current (2) |  | Total Amortized Cost
Commercial, financial and agricultural: |  |  |  |  |  |  |  |  |
Commercial, financial and agricultural | $ | 4,197 |  |  | $ | 11,328 |  |  | $ | 15,525 |  |  | $ | 1,183,090 |  |  | $ | 1,198,615 |
PPP loans | — |  |  | 18 |  |  | 18 |  |  | 386,972 |  |  | 386,990 |
Overdrafts | — |  |  | — |  |  | — |  |  | 2,373 |  |  | 2,373 |
Commercial real estate | 2,099 |  |  | 795 |  |  | 2,894 |  |  | 1,754,027 |  |  | 1,756,921 |
Construction real estate: |  |  |  |  |  |  |  |  |
Commercial | — |  |  | 25 |  |  | 25 |  |  | 223,293 |  |  | 223,318 |
Retail | — |  |  | — |  |  | — |  |  | 114,110 |  |  | 114,110 |
Residential real estate: |  |  |  |  |  |  |  |  |
Commercial | 16 |  |  | 395 |  |  | 411 |  |  | 541,557 |  |  | 541,968 |
Mortgage | 4,491 |  |  | 6,902 |  |  | 11,393 |  |  | 1,066,303 |  |  | 1,077,696 |
HELOC | 57 |  |  | 663 |  |  | 720 |  |  | 170,668 |  |  | 171,388 |
Installment | 71 |  |  | 68 |  |  | 139 |  |  | 7,462 |  |  | 7,601 |
Consumer: |  |  |  |  |  |  |  |  |
Consumer | 1,854 |  |  | 543 |  |  | 2,397 |  |  | 1,655,477 |  |  | 1,657,874 |
GFSC | 241 |  |  | 160 |  |  | 401 |  |  | 4,824 |  |  | 5,225 |
Check loans | 6 |  |  | — |  |  | 6 |  |  | 2,103 |  |  | 2,109 |
Leases | 133 |  |  | 41 |  |  | 174 |  |  | 22,383 |  |  | 22,557 |
Total loans | $ | 13,165 |  |  | $ | 20,938 |  |  | $ | 34,103 |  |  | $ | 7,134,642 |  |  | $ | 7,168,745 |
(1) Includes an aggregate of $0.8 million of loans past due 90 days or more and accruing. The remaining loans were past due nonaccrual loans. (2) Includes an aggregate of $94.6 million of nonaccrual loans which were current in regards to contractual principal and interest payments. The following table presents the aging of the recorded investment in past due loans at December 31, 2020 by class of loan:
| December 31, 2020
(in thousands) | Accruing Loans Past Due 30-89 Days |  | Past Due Nonaccrual Loans and Loans Past Due 90 Days or More and Accruing (1) |  | Total Past Due |  | Total Current (2) |  | Total Recorded Investment
Commercial, financial and agricultural | $ | 7,372 |  |  | $ | 13,968 |  |  | $ | 21,340 |  |  | $ | 1,574,177 |  |  | $ | 1,595,517 |
Commercial real estate | 82 |  |  | 972 |  |  | 1,054 |  |  | 1,753,152 |  |  | 1,754,206 |
Construction real estate: |  |  |  |  |  |  |  |  |
Commercial | — |  |  | 39 |  |  | 39 |  |  | 227,524 |  |  | 227,563 |
Mortgage | 77 |  |  | — |  |  | 77 |  |  | 115,647 |  |  | 115,724 |
Installment | 12 |  |  | — |  |  | 12 |  |  | 929 |  |  | 941 |
Residential real estate: |  |  |  |  |  |  |  |  |
Commercial | 17 |  |  | 493 |  |  | 510 |  |  | 526,873 |  |  | 527,383 |
Mortgage | 9,538 |  |  | 7,814 |  |  | 17,352 |  |  | 1,079,953 |  |  | 1,097,305 |
HELOC | 805 |  |  | 810 |  |  | 1,615 |  |  | 181,060 |  |  | 182,675 |
Installment | 67 |  |  | 71 |  |  | 138 |  |  | 8,320 |  |  | 8,458 |
Consumer | 5,496 |  |  | 1,213 |  |  | 6,709 |  |  | 1,657,505 |  |  | 1,664,214 |
Leases | 186 |  |  | 984 |  |  | 1,170 |  |  | 23,282 |  |  | 24,452 |
Total loans | $ | 23,652 |  |  | $ | 26,364 |  |  | $ | 50,016 |  |  | $ | 7,148,422 |  |  | $ | 7,198,438 |
(1) Includes an aggregate of $1.6 million of loans past due 90 days or more and accruing. The remaining loans were past due nonaccrual loans. (2) Includes an aggregate of $92.6 million of nonaccrual loans which were current in regards to contractual principal and interest payments.
Financing Receivable Credit Quality Indicators | Based on the most recent analysis performed, the risk category of loans by class of loans as of March 31, 2021 follows:
March 31, 2021 | Term Loans Amortized Cost Basis by Origination Year |  |
(In thousands) | 2021 | 2020 | 2019 | 2018 | 2017 | Prior | Revolving Loans Amortized Cost Basis | Total
Commercial, financial and agricultural: Commercial, financial and agricultural (1) |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |
Pass | $ | 64,238 |  | $ | 274,617 |  | $ | 152,264 |  | $ | 81,010 |  | $ | 57,500 |  | $ | 101,673 |  | $ | 431,548 |  | $ | 1,162,850 |
Special Mention | — |  | 2,650 |  | 906 |  | 485 |  | 675 |  | 48 |  | 9,612 |  | 14,376 |
Substandard | 671 |  | 983 |  | 2,110 |  | 2,665 |  | 735 |  | 7,750 |  | 797 |  | 15,711 |
Doubtful | 1,490 |  | 34 |  | — |  | 240 |  | 2,028 |  | 1,386 |  | 500 |  | 5,678 |
Total | $ | 66,399 |  | $ | 278,284 |  | $ | 155,280 |  | $ | 84,400 |  | $ | 60,938 |  | $ | 110,857 |  | $ | 442,457 |  | $ | 1,198,615 |
Commercial, financial and agricultural: PPP |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |
Pass | $ | 198,993 |  | $ | 187,997 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 386,990 |
Special Mention | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Substandard | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Doubtful | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Total | $ | 198,993 |  | $ | 187,997 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 386,990 |
Commercial real estate (1) |  |  |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |
Pass | $ | 78,310 |  | $ | 461,291 |  | $ | 284,715 |  | $ | 203,496 |  | $ | 132,084 |  | $ | 419,891 |  | $ | 14,667 |  | $ | 1,594,454 |
Special Mention | 272 |  | 8,999 |  | 36,259 |  | 9,666 |  | 8,265 |  | 24,458 |  | 3,589 |  | 91,508 |
Substandard | — |  | 5,656 |  | 15,227 |  | 4,900 |  | 15,347 |  | 17,835 |  | 536 |  | 59,501 |
Doubtful | — |  | — |  | — |  | 6,258 |  | — |  | 5,200 |  | — |  | 11,458 |
Total | $ | 78,582 |  | $ | 475,946 |  | $ | 336,201 |  | $ | 224,320 |  | $ | 155,696 |  | $ | 467,384 |  | $ | 18,792 |  | $ | 1,756,921 |
March 31, 2021 | Term Loans Amortized Cost Basis by Origination Year |  |
(In thousands) | 2021 | 2020 | 2019 | 2018 | 2017 | Prior | Revolving Loans Amortized Cost Basis | Total
Construction real estate: Commercial |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |
Pass | $ | 14,483 |  | $ | 113,857 |  | $ | 50,274 |  | $ | 11,832 |  | $ | 2,679 |  | $ | 7,100 |  | $ | 16,012 |  | $ | 216,237 |
Special Mention | — |  | 2,971 |  | — |  | 163 |  | — |  | — |  | — |  | 3,134 |
Substandard | — |  | 96 |  | 8 |  | 1,010 |  | — |  | — |  | 256 |  | 1,370 |
Doubtful | — |  | — |  | — |  | 2,577 |  | — |  | — |  | — |  | 2,577 |
Total | $ | 14,483 |  | $ | 116,924 |  | $ | 50,282 |  | $ | 15,582 |  | $ | 2,679 |  | $ | 7,100 |  | $ | 16,268 |  | $ | 223,318 |
Residential Real Estate: Commercial |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |
Pass | $ | 40,074 |  | $ | 194,242 |  | $ | 77,477 |  | $ | 60,448 |  | $ | 35,732 |  | $ | 108,139 |  | $ | 16,402 |  | $ | 532,514 |
Special Mention | — |  | 150 |  | — |  | — |  | 2,131 |  | 336 |  | 281 |  | 2,898 |
Substandard | — |  | — |  | 1,140 |  | 3,522 |  | 320 |  | 1,054 |  | — |  | 6,036 |
Doubtful | — |  | — |  | — |  | 43 |  | 216 |  | 30 |  | 231 |  | 520 |
Total | $ | 40,074 |  | $ | 194,392 |  | $ | 78,617 |  | $ | 64,013 |  | $ | 38,399 |  | $ | 109,559 |  | $ | 16,914 |  | $ | 541,968 |
Leases |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |
Pass | $ | 1,263 |  | $ | 7,397 |  | $ | 5,391 |  | $ | 3,665 |  | $ | 1,378 |  | $ | 1,576 |  | $ | — |  | $ | 20,670 |
Special Mention | — |  | 245 |  | 66 |  | — |  | 42 |  | — |  | — |  | 353 |
Substandard | — |  | 477 |  | — |  | 60 |  | 26 |  | 54 |  | — |  | 617 |
Doubtful | — |  | 519 |  | 213 |  | 45 |  | 64 |  | 76 |  | — |  | 917 |
Total | $ | 1,263 |  | $ | 8,638 |  | $ | 5,670 |  | $ | 3,770 |  | $ | 1,510 |  | $ | 1,706 |  | $ | — |  | $ | 22,557 |
Total Commercial Loans |  |  |  |  |  |
Risk rating |  |  |  |  |  |  |  |
Pass | $ | 397,361 |  | $ | 1,239,401 |  | $ | 570,121 |  | $ | 360,451 |  | $ | 229,373 |  | $ | 638,379 |  | $ | 478,629 |  | $ | 3,913,715 |
Special Mention | 272 |  | 15,015 |  | 37,231 |  | 10,314 |  | 11,113 |  | 24,842 |  | 13,482 |  | 112,269 |
Substandard | 671 |  | 7,212 |  | 18,485 |  | 12,157 |  | 16,428 |  | 26,693 |  | 1,589 |  | 83,235 |
Doubtful | 1,490 |  | 553 |  | 213 |  | 9,163 |  | 2,308 |  | 6,692 |  | 731 |  | 21,150 |
Total | $ | 399,794 |  | $ | 1,262,181 |  | $ | 626,050 |  | $ | 392,085 |  | $ | 259,222 |  | $ | 696,606 |  | $ | 494,431 |  | $ | 4,130,369 |
(1) Included within each of commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that are not broken out by class. Park considers the performance of the loan portfolio and its impact on the allowance for credit losses. For residential and consumer loan classes, Park also evaluates credit quality based on the aging status of the loan, which was previously presented, and by performing status. The following tables present the amortized cost in residential and consumer loans based on performing status. Park defines a loan as nonperforming if it is on nonaccrual status, designated as an accruing TDR, or is greater than 90 days past due and accruing.
March 31, 2021 | Term Loans Amortized Cost Basis by Origination Year |  |
(In thousands) | 2021 | 2020 | 2019 | 2018 | 2017 | Prior | Revolving Loans Amortized Cost Basis | Total
Commercial, financial and agricultural: Overdrafts |  |  |  |  |  |
Performing | $ | 2,373 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 2,373 |
Nonperforming | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Total | $ | 2,373 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 2,373 |
Construction Real Estate: Retail |  |  |  |  |  |
Performing | $ | 7,246 |  | $ | 85,363 |  | $ | 12,652 |  | $ | 3,888 |  | $ | 2,061 |  | $ | 2,783 |  | $ | 76 |  | $ | 114,069 |
Nonperforming | — |  | — |  | — |  | — |  | 17 |  | 24 |  | — |  | 41 |
Total | $ | 7,246 |  | $ | 85,363 |  | $ | 12,652 |  | $ | 3,888 |  | $ | 2,078 |  | $ | 2,807 |  | $ | 76 |  | $ | 114,110 |
Residential Real Estate: Mortgage |  |  |  |  |  |
Performing | $ | 83,060 |  | $ | 220,655 |  | $ | 154,818 |  | $ | 96,678 |  | $ | 78,671 |  | $ | 421,427 |  | $ | — |  | $ | 1,055,309 |
Nonperforming | — |  | — |  | 640 |  | 724 |  | 990 |  | 20,033 |  | — |  | 22,387 |
Total | $ | 83,060 |  | $ | 220,655 |  | $ | 155,458 |  | $ | 97,402 |  | $ | 79,661 |  | $ | 441,460 |  | $ | — |  | $ | 1,077,696 |
Residential Real Estate: HELOC |  |  |  |  |  |
Performing | $ | — |  | $ | — |  | $ | 151 |  | $ | 23 |  | $ | 231 |  | $ | 3,502 |  | $ | 165,218 |  | $ | 169,125 |
Nonperforming | — |  | — |  | — |  | — |  | 83 |  | 1,419 |  | 761 |  | 2,263 |
Total | $ | — |  | $ | — |  | $ | 151 |  | $ | 23 |  | $ | 314 |  | $ | 4,921 |  | $ | 165,979 |  | $ | 171,388 |
Residential Real Estate: Installment |  |  |  |  |  |
Performing | $ | — |  | $ | 100 |  | $ | 713 |  | $ | 180 |  | $ | 1,453 |  | $ | 3,198 |  | $ | — |  | $ | 5,644 |
Nonperforming | — |  | 16 |  | 2 |  | 49 |  | 97 |  | 1,793 |  | — |  | 1,957 |
Total | $ | — |  | $ | 116 |  | $ | 715 |  | $ | 229 |  | $ | 1,550 |  | $ | 4,991 |  | $ | — |  | $ | 7,601 |
Consumer: Consumer |  |  |  |  |  |  |  |
Performing | $ | 162,761 |  | $ | 684,477 |  | $ | 377,476 |  | $ | 186,795 |  | $ | 112,054 |  | $ | 107,435 |  | $ | 23,934 |  | $ | 1,654,932 |
Nonperforming | 27 |  | 327 |  | 796 |  | 576 |  | 374 |  | 842 |  | — |  | 2,942 |
Total | $ | 162,788 |  | $ | 684,804 |  | $ | 378,272 |  | $ | 187,371 |  | $ | 112,428 |  | $ | 108,277 |  | $ | 23,934 |  | $ | 1,657,874 |
Consumer: GFSC |  |  |  |  |  |  |  |
Performing | $ | — |  | $ | 535 |  | $ | 3,008 |  | $ | 1,061 |  | $ | 293 |  | $ | (99) |  | $ | 181 |  | $ | 4,979 |
Nonperforming | — |  | 4 |  | 130 |  | 71 |  | 34 |  | 7 |  | — |  | 246 |
Total | $ | — |  | $ | 539 |  | $ | 3,138 |  | $ | 1,132 |  | $ | 327 |  | $ | (92) |  | $ | 181 |  | $ | 5,225 |
Consumer: Check loans |  |  |  |  |  |  |  |
Performing | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 2,109 |  | $ | 2,109 |
Nonperforming | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Total | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 2,109 |  | $ | 2,109 |
Total Consumer Loans |  |  |  |  |  |  |  |
Performing | $ | 255,440 |  | $ | 991,130 |  | $ | 548,818 |  | $ | 288,625 |  | $ | 194,763 |  | $ | 538,246 |  | $ | 191,518 |  | $ | 3,008,540 |
Nonperforming | 27 |  | 347 |  | 1,568 |  | 1,420 |  | 1,595 |  | 24,118 |  | — |  | 29,075 |
Total | $ | 255,467 |  | $ | 991,477 |  | $ | 550,386 |  | $ | 290,045 |  | $ | 196,358 |  | $ | 562,364 |  | $ | 191,518 |  | $ | 3,037,615 |
Recorded Investment By Loan Grade | The table below presents the recorded investment by loan grade at December 31, 2020 for all commercial loans:
|  | 12/31/2020
(In thousands) |  | 5 Rated |  | 6 Rated |  | Nonaccrual and Accruing TDRs |  | Purchased Credit Impaired |  | Pass-Rated |  | Recorded Investment
Commercial, financial and agricultural (1) |  | $ | 14,638 |  |  | $ | — |  |  | $ | 28,880 |  |  | $ | 337 |  |  | $ | 1,551,662 |  |  | $ | 1,595,517 |
Commercial real estate (1) |  | 87,439 |  |  | 117 |  |  | 70,357 |  |  | 7,461 |  |  | 1,588,832 |  |  | 1,754,206 |
Construction real estate: |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  | 164 |  |  | — |  |  | 3,110 |  |  | 1,002 |  |  | 223,287 |  |  | 227,563 |
Residential real estate: |  |  |  |  |  |  |  |  |  |  |  |
Commercial |  | 798 |  |  | 22 |  |  | 4,557 |  |  | 1,510 |  |  | 520,496 |  |  | 527,383 |
Leases |  | 331 |  |  | — |  |  | 1,595 |  |  | 112 |  |  | 22,414 |  |  | 24,452 |
Total Commercial Loans |  | $ | 103,370 |  |  | $ | 139 |  |  | $ | 108,499 |  |  | $ | 10,422 |  |  | $ | 3,906,691 |  |  | $ | 4,129,121 |
(1) Included within each of commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that were not broken out by class.
TDR Number Of Contracts Modified And Recorded Investment | The following tables detail the number of contracts modified as TDRs during the three-month periods ended March 31, 2021 and 2020, as well as the amortized cost/recorded investment of these contracts at March 31, 2021 and 2020. The amortized cost/recorded investment pre- and post-modification is generally the same due to the fact that Park does not typically forgive principal.
| Three Months Ended March 31, 2021
(In thousands) | Number of Contracts |  | Accruing |  | Nonaccrual |  | Total Amortized Cost
Commercial, financial and agricultural |  |  |  |  |  |  |
Commercial, financial and agricultural | 1 |  |  | $ | — |  |  | $ | 200 |  |  | $ | 200 |
PPP loans | — |  |  | — |  |  | — |  |  | — |
Overdrafts | — |  |  | — |  |  | — |  |  | — |
Commercial real estate | 5 |  |  | 272 |  |  | 1,353 |  |  | 1,625 |
Construction real estate: |  |  |  |  |  |  |
Commercial | — |  |  | — |  |  | — |  |  | — |
Retail | — |  |  | — |  |  | — |  |  | — |
Residential real estate: |  |  |  |  |  |  |
Commercial | — |  |  | — |  |  | — |  |  | — |
Mortgage | 6 |  |  | 137 |  |  | 139 |  |  | 276 |
HELOC | — |  |  | — |  |  | — |  |  | — |
Installment | 5 |  |  | 118 |  |  | 28 |  |  | 146 |
Consumer: |  |  |  |  |  |  |
Consumer | 34 |  |  | 72 |  |  | 287 |  |  | 359 |
GFSC | — |  |  | — |  |  | — |  |  | — |
Check loans | — |  |  | — |  |  | — |  |  | — |
Leases | — |  |  | — |  |  | — |  |  | — |
Total loans | 51 |  |  | $ | 599 |  |  | $ | 2,007 |  |  | $ | 2,606 |
| Three Months Ended March 31, 2020
(In thousands) | Number of Contracts |  | Accruing |  | Nonaccrual |  | Total Recorded Investment
Commercial, financial and agricultural | 4 |  |  | $ | — |  |  | $ | 1,094 |  |  | $ | 1,094 |
Commercial real estate | 2 |  |  | 1,136 |  |  | 60 |  |  | 1,196 |
Construction real estate: |  |  |  |  |  |  |
Commercial | — |  |  | — |  |  | — |  |  | — |
Mortgage | 1 |  |  | 11 |  |  | — |  |  | 11 |
Installment | 1 |  |  | 15 |  |  | — |  |  | 15 |
Residential real estate: |  |  |  |  |  |  |
Commercial | — |  |  | — |  |  | — |  |  | — |
Mortgage | 6 |  |  | 111 |  |  | 280 |  |  | 391 |
HELOC | 3 |  |  | 101 |  |  | 9 |  |  | 110 |
Installment | 8 |  |  | 110 |  |  | 17 |  |  | 127 |
Consumer | 57 |  |  | 112 |  |  | 352 |  |  | 464 |
Total loans | 82 |  |  | $ | 1,596 |  |  | $ | 1,812 |  |  | $ | 3,408 |
Of those loans which were modified and determined to be a TDR during the three-month period ended March 31, 2021, $1.7 million were on nonaccrual status at December 31, 2020. Of those loans which were modified and determined to be a TDR during the three-month period ended March 31, 2020, $0.3 million were on nonaccrual status at December 31, 2019.
Recorded Investment In Financing Receivable Modified As TDR Within 12 Months | The following tables present the amortized cost/recorded investment in loans which were modified as TDRs within the previous 12 months and for which there was a payment default during the three-month periods ended March 31, 2021 and 2020, respectively. For these tables, a loan is considered to be in default when it becomes 30 days contractually past due under the modified terms. The additional ACL resulting from the defaults on TDR loans was immaterial.
| Three Months Ended March 31, 2021 |  |  | Three Months Ended March 31, 2020
(In thousands) | Number of Contracts |  | Amortized Cost |  |  | Number of Contracts |  | Recorded Investment
Commercial, financial and agricultural: |  |  |  |  |  | 2 |  |  | $ | 4,068 |
Commercial, financial and agricultural | — |  |  | $ | — |  |  |  | (1) |  | (1)
PPP loans | — |  |  | — |  |  |  | (1) |  | (1)
Overdrafts | — |  |  | — |  |  |  | (1) |  | (1)
Commercial real estate | — |  |  | — |  |  |  | — |  |  | — |
Construction real estate: |  |  |  |  |  |  |  |
Commercial | — |  |  | — |  |  |  | — |  |  | — |
Mortgage | — |  |  | — |  |  |  | 2 |  |  | 92 |
Residential real estate: |  |  |  |  |  |  |  |
Commercial | — |  |  | — |  |  |  | — |  |  | — |
Mortgage | 10 |  |  | 763 |  |  |  | 4 |  |  | 443 |
HELOC | — |  |  | — |  |  |  | 4 |  |  | 71 |
Installment | 2 |  |  | 36 |  |  |  | 1 |  |  | 17 |
Consumer |  |  |  |  |  | 36 |  |  | 369 |
Consumer | 19 |  |  | 210 |  |  |  | (1) |  | (1)
GFSC | 5 |  |  | 25 |  |  |  | (1) |  | (1)
Check loans | — |  |  | — |  |  |  | (1) |  | (1)
Leases | — |  |  | — |  |  |  | — |  |  | — |
Total loans | 36 |  |  | $ | 1,034 |  |  |  | 49 |  |  | $ | 5,060 |
(1) Results for reporting periods beginning after January 1, 2021 are presented under ASC 326, while prior period amounts continue to be reported in accordance with previously applicable U.S. GAAP. Category was not broken out as a separate class at December 31, 2020. Of the $1.0 million in modified TDRs which defaulted during the three-month period ended March 31, 2021, $0.3 million were accruing loans and $0.7 million were nonaccrual loans. Of the $5.1 million in modified TDRs which defaulted during the three-month period ended March 31, 2020, $4.5 million were accruing loans and $0.5 million were nonaccrual loans.

X
- Definition Composition of Loan Portfolio By Class of Loan [Table Text Block] + References No definition available. + Details
Name: | prk_CompositionOfLoanPortfolioByClassOfLoanTableTextBlock
Namespace Prefix: | prk_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of financing receivable, loans modified as TDR within previous twelve months that subsequently defaulted [Table Text Block]. + References No definition available. + Details
Name: | prk_ScheduleOfFinancingReceivableLoansModifiedAsTDRWithinPreviousTwelveMonthsThatSubsequentlyDefaultedTableTextBlock
Namespace Prefix: | prk_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Recorded Investment By Loan Grade [Table Text Block] + References No definition available. + Details
Name: | prk_ScheduleOfRecordedInvestmentByLoanGradeTableTextBlock
Namespace Prefix: | prk_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Recorded Investment In Nonaccrual Restructured And Loans Past Due 90 Days Or More And Accruing [Table Text Block] + References No definition available. + Details
Name: | prk_ScheduleOfRecordedInvestmentInNonaccrualRestructuredAndLoansPastDue90DaysOrMoreAndAccruingTableTextBlock
Namespace Prefix: | prk_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919230-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953659-111524 + Details
Name: | us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of impaired financing receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123577603&loc=d3e5212-111524 + Details
Name: | us-gaap_ImpairedFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_LoansAndLeasesReceivableDisclosureLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of aging analysis for financing receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919253-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7A -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953401-111524 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 80 -URI http://asc.fasb.org/extlink&oid=124267575&loc=SL82922355-210448 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=123577603&loc=d3e5111-111524 + Details
Name: | us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivable on nonaccrual status. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=123577603&loc=d3e5111-111524 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919258-210447 + Details
Name: | us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivable modified as troubled debt restructuring. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953676-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953682-111524 + Details
Name: | us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration