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Other Real Estate Owned (Tables)

9 Months Ended

Sep. 30, 2024

Other Real Estate Owned [Abstract]

Schedule of Assets Repossessed or Foreclosed, or loans in process of foreclosure [Table Text Block] [Text Block]

Park typically transfers a loan to OREO at the time that Park takes deed/title to the real estate property asset. The carrying amounts of foreclosed real estate properties held at September 30, 2024 and December 31, 2023 are listed below, as well as the recorded investment of loans secured by residential real estate properties for which formal foreclosure proceedings were in process at those dates.

(in thousands)						September 30, 2024						December 31, 2023
OREO:
Commercial real estate						$	938					$	983
Construction real estate						181						—
Total OREO						$	1,119					$	983
Loans in process of foreclosure:
Residential real estate						$	2,263					$	1,957

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Other Real Estate Owned [Abstract]

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- Definition

Schedule of Assets Repossessed or Foreclosed, or loans in process of foreclosure [Text Block]

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