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Capital Ratios | 12 Months Ended
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Dec. 31, 2024
Banking Regulation, Total Capital [Abstract] |
Capital Ratios | Capital Ratios Financial institution regulators have established guidelines for minimum capital ratios for banks, thrifts and bank holding companies. Park has elected not to include the net unrealized gain or loss on debt securities AFS in computing regulatory capital. Park has adopted the Basel III regulatory capital framework as approved by the federal banking agencies. Under the Basel III regulatory capital framework, in order to avoid limitations on capital distributions, including dividend payments and stock repurchases, and certain discretionary bonus payments to executive officers, Park must hold a capital conservation buffer of 2.50% above the adequately capitalized risk-based capital ratios. The amounts shown below as the adequately capitalized ratio plus capital conservation buffer include the 2.50% buffer. The Federal Reserve Board has also adopted requirements Park must maintain to be deemed "well-capitalized" and to remain a financial holding company. Each of PNB and Park met all of the well-capitalized ratio guidelines applicable to it at December 31, 2024. The following table indicates the capital ratios for PNB and Park at December 31, 2024 and 2023.
| As of December 31, 2024
| Leverage |  | Tier 1 Risk-Based |  | Common Equity Tier 1 |  | Total Risk-Based
PNB | 9.80 | % |  | 11.44 | % |  | 11.44 | % |  | 12.85 | %
Park | 11.51 | % |  | 13.46 | % |  | 13.28 | % |  | 16.63 | %
Adequately capitalized ratio | 4.00 | % |  | 6.00 | % |  | 4.50 | % |  | 8.00 | %
Adequately capitalized ratio plus capital conservation buffer | 4.00 | % |  | 8.50 | % |  | 7.00 | % |  | 10.50 | %
Well-capitalized ratio - PNB | 5.00 | % |  | 8.00 | % |  | 6.50 | % |  | 10.00 | %
Well-capitalized ratio - Park | N/A |  | 6.00 | % |  | N/A |  | 10.00 | %
| As of December 31, 2023
| Leverage |  | Tier 1 Risk-Based |  | Common Equity Tier 1 |  | Total Risk-Based
PNB | 9.11 | % |  | 10.95 | % |  | 10.95 | % |  | 12.35 | %
Park | 10.74 | % |  | 12.97 | % |  | 12.79 | % |  | 16.19 | %
Adequately capitalized ratio | 4.00 | % |  | 6.00 | % |  | 4.50 | % |  | 8.00 | %
Adequately capitalized ratio plus capital conservation buffer | 4.00 | % |  | 8.50 | % |  | 7.00 | % |  | 10.50 | %
Well-capitalized ratio - PNB | 5.00 | % |  | 8.00 | % |  | 6.50 | % |  | 10.00 | %
Well-capitalized ratio - Park | N/A |  | 6.00 | % |  | N/A |  | 10.00 | %
The following table reflects various measures of capital for Park and PNB:
|  |  |  |  |  | To Be Adequately Capitalized |  | To Be Well-Capitalized
(In thousands) |  | Actual Amount |  | Ratio |  | Amount |  | Ratio |  | Amount |  | Ratio
At December 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |
Total Risk-Based Capital (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 1,081,979 |  |  | 12.85 | % |  | $ | 673,671 |  |  | 8.00 | % |  | $ | 842,089 |  |  | 10.00 | %
Park |  | 1,408,999 |  |  | 16.63 | % |  | 677,966 |  |  | 8.00 | % |  | 847,458 |  |  | 10.00 | %
Tier 1 Risk-Based Capital (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 963,148 |  |  | 11.44 | % |  | $ | 505,253 |  |  | 6.00 | % |  | $ | 673,671 |  |  | 8.00 | %
Park |  | 1,140,517 |  |  | 13.46 | % |  | 508,475 |  |  | 6.00 | % |  | 508,475 |  |  | 6.00 | %
Leverage Ratio (to average total assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 963,148 |  |  | 9.80 | % |  | $ | 393,256 |  |  | 4.00 | % |  | $ | 491,570 |  |  | 5.00 | %
Park |  | 1,140,517 |  |  | 11.51 | % |  | 396,519 |  |  | 4.00 | % |  | N/A |  | N/A
Common Equity Tier 1 (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 963,148 |  |  | 11.44 | % |  | $ | 378,940 |  |  | 4.50 | % |  | $ | 547,358 |  |  | 6.50 | %
Park |  | 1,125,517 |  |  | 13.28 | % |  | 381,356 |  |  | 4.50 | % |  | N/A |  | N/A
At December 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |
Total Risk-Based Capital (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 1,005,211 |  |  | 12.35 | % |  | $ | 651,130 |  |  | 8.00 | % |  | $ | 813,913 |  |  | 10.00 | %
Park |  | 1,323,588 |  |  | 16.19 | % |  | 654,197 |  |  | 8.00 | % |  | 817,747 |  |  | 10.00 | %
Tier 1 Risk-Based Capital (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 891,363 |  |  | 10.95 | % |  | $ | 488,348 |  |  | 6.00 | % |  | $ | 651,130 |  |  | 8.00 | %
Park |  | 1,060,593 |  |  | 12.97 | % |  | 490,648 |  |  | 6.00 | % |  | 490,648 |  |  | 6.00 | %
Leverage Ratio (to average total assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | $ | 891,363 |  |  | 9.11 | % |  | $ | 391,376 |  |  | 4.00 | % |  | $ | 489,220 |  |  | 5.00 | %
Park |  | 1,060,593 |  |  | 10.74 | % |  | 395,131 |  |  | 4.00 | % |  | N/A |  | N/A
Common Equity Tier 1 (to risk-weighted assets) |  |  |  |  |  |  |  |  |  |  |  |
PNB |  | 891,363 |  |  | 10.95 | % |  | 366,261 |  |  | 4.50 | % |  | 529,043 |  |  | 6.50 | %
Park |  | 1,045,593 |  |  | 12.79 | % |  | 367,986 |  |  | 4.50 | % |  | N/A |  | N/A

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- Definition The entire disclosure for regulatory capital requirement for depository and lending institutions. Institutions include, but not are not limited to, finance company, insured depository institution, bank holding company, savings and loan association holding company, bank and savings institution not federally insured, mortgage company, foreign financial institution and credit union. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477270/942-505-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477270/942-505-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477270/942-505-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477270/942-505-50-1 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477270/942-505-50-1 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 1D -Publisher FASB -URI https://asc.fasb.org/1943274/2147477270/942-505-50-1D Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 1A -Publisher FASB -URI https://asc.fasb.org/1943274/2147477270/942-505-50-1A Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 1F -Publisher FASB -URI https://asc.fasb.org/1943274/2147477270/942-505-50-1F + Details
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