XML 35 R16.htm IDEA: XBRL DOCUMENT
v3.22.4

Mortgage Loans Held for Sale | 12 Months Ended
--- | ---
Dec. 31, 2021
Loans Held for Sale [Abstract] |
Loans Held For Sale Disclosure [Text Block] | . Loans Held for Sale Mortgage loans held for sale are carried at their fair value. Mortgage loans held for sale were $2.1 million and $9.4 million at December 31, 2022 and 2021, respectively. These amounts are included in "Loans" on the Consolidated Balance Sheets and in the residential real estate loan segments in Note 5 - Loans and Note 6 - Allowance for Credit Losses. The contractual balance was $2.1 million and $9.2 million at December 31, 2022 and 2021, respectively. The gain expected upon sale was $41,000 and $166,000 at December 31, 2022 and 2021, respectively. None of these loans were 90 days or more past due or on nonaccrual status at December 31, 2022 or 2021. During 2022, Park transferred certain commercial loans held for investment, previously nonperforming, with an amortized cost of $6.3 million, to the loans held for sale portfolio. The transferred loans were recorded at the lower of cost or fair value, recording a charge-off in each instance where the fair value of an individual loan was deemed to be below the carrying cost at the time the loans were moved to the held for sale portfolio. The sale of $3.9 million in loans held for sale was subsequently completed and Park recognized a gain on sale of $495,000 which is recorded within "Miscellaneous income" on the Consolidated Statements of Income. The remaining $2.4 million in loans held for sale were transferred back to loans held for investment at the lower of cost or fair value. During 2020, Park transferred a non-performing loan held for investment, with a book balance of $4.4 million, to the loans held for sale portfolio, and subsequently completed the sale of this non-performing loan held for sale, recognizing no gain or loss on sale. No non-performing loans were held for sale or sold during 2021.

X
- Definition Loans Held For Sale Disclosure [Text Block] [Text Block] + References No definition available. + Details
Name: | prk_LoansHeldForSaleDisclosureTextBlockTextBlock
Namespace Prefix: | prk_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Loans Held for Sale [Abstract] + References No definition available. + Details
Name: | prk_LoansHeldforSaleAbstract
Namespace Prefix: | prk_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration