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Segment Information | 6 Months Ended
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Jun. 30, 2023
Segment Reporting [Abstract] |
Segment Information | Segment Information The Corporation is a financial holding company headquartered in Newark, Ohio. The reportable segment for the Corporation is its chartered national bank subsidiary, PNB (headquartered in Newark, Ohio). "All Other", which primarily consists of Park as the "Parent Company", GFSC and SEPH, is shown to reconcile the segment totals to the Consolidated Condensed Statements of Income. Management is required to disclose information about the different types of business activities in which a company engages and also information on the different economic environments in which a company operates, so that the users of the financial statements can better understand the company’s performance, better understand the potential for future cash flows, and make more informed judgments about the company as a whole. Park has one reportable segment, as: (i) discrete financial information is available for this reportable segment and (ii) the segment is aligned with internal reporting to Park’s Chief Executive Officer, who is the chief operating decision-maker.
|  | Operating Results for the three months ended June 30, 2023
(In thousands) |  | PNB |  | All Other |  | Total
Net interest income (expense) |  | $ | 93,549 |  |  | $ | (1,977) |  |  | $ | 91,572 |
Provision for (recovery of) credit losses |  | 2,524 |  |  | (32) |  |  | 2,492 |
Other income (loss) |  | 25,091 |  |  | (76) |  |  | 25,015 |
Other expense |  | 73,121 |  |  | 2,764 |  |  | 75,885 |
Income (loss) before income taxes |  | $ | 42,995 |  |  | $ | (4,785) |  |  | $ | 38,210 |
Income tax expense (benefit) |  | 7,510 |  |  | (884) |  |  | 6,626 |
Net income (loss) |  | $ | 35,485 |  |  | $ | (3,901) |  |  | $ | 31,584 |
Assets (at June 30, 2023) |  | $ | 9,857,452 |  |  | $ | 42,099 |  |  | $ | 9,899,551 |
|  | Operating Results for the three months ended June 30, 2022
(In thousands) |  | PNB |  | All Other |  | Total
Net interest income |  | $ | 83,411 |  |  | $ | 528 |  |  | $ | 83,939 |
Provision for (recovery of) credit losses |  | 3,357 |  |  | (366) |  |  | 2,991 |
Other income |  | 29,255 |  |  | 1,938 |  |  | 31,193 |
Other expense |  | 66,214 |  |  | 3,834 |  |  | 70,048 |
Income (loss) before income taxes |  | $ | 43,095 |  |  | $ | (1,002) |  |  | $ | 42,093 |
Income tax expense (benefit) |  | 8,155 |  |  | (386) |  |  | 7,769 |
Net income (loss) |  | $ | 34,940 |  |  | $ | (616) |  |  | $ | 34,324 |
Assets (at June 30, 2022) |  | $ | 9,794,711 |  |  | $ | 31,959 |  |  | $ | 9,826,670 |
|  | Operating Results for the six months ended June 30, 2023
(In thousands) |  | PNB |  | All Other |  | Total
Net interest income (expense) |  | $ | 187,138 |  |  | $ | (3,368) |  |  | $ | 183,770 |
Provision for (recovery of) credit losses |  | 3,439 |  |  | (764) |  |  | 2,675 |
Other income |  | 49,353 |  |  | 49 |  |  | 49,402 |
Other expense |  | 146,118 |  |  | 6,270 |  |  | 152,388 |
Income (loss) before income taxes |  | $ | 86,934 |  |  | $ | (8,825) |  |  | $ | 78,109 |
Income tax expense (benefit) |  | 15,180 |  |  | (2,388) |  |  | 12,792 |
Net income (loss) |  | $ | 71,754 |  |  | $ | (6,437) |  |  | $ | 65,317 |
|  | Operating Results for the six months ended June 30, 2022
(In thousands) |  | PNB |  | All Other |  | Total
Net interest income (expense) |  | $ | 162,783 |  |  | $ | (1,158) |  |  | $ | 161,625 |
Recovery of credit losses |  | (1,190) |  |  | (424) |  |  | (1,614) |
Other income |  | 60,502 |  |  | 2,347 |  |  | 62,849 |
Other expense |  | 130,430 |  |  | 6,991 |  |  | 137,421 |
Income (loss) before income taxes |  | $ | 94,045 |  |  | $ | (5,378) |  |  | $ | 88,667 |
Income tax expense (benefit) |  | 17,637 |  |  | (2,169) |  |  | 15,468 |
Net income (loss) |  | $ | 76,408 |  |  | $ | (3,209) |  |  | $ | 73,199 |
The operating results in the “All Other” column are used to reconcile the segment totals to the Consolidated Condensed Statements of Income for the three-month and the six-month period s ended June 30, 2023 and 2022. The reconciling amounts for consolidated total assets for the periods ended June 30, 2023 and 2022 consisted of the elimination of intersegment borrowings and the assets of the Parent Company, GFSC and SEPH which were not eliminated.

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