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Earnings Per Share
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Earnings Per Common Share Earnings Per Common Share
U.S. GAAP requires the reporting of basic and diluted earnings per common share. Basic earnings per common share excludes any dilutive effects of PBRSUs and TBRSUs.
 
The following table sets forth the computation of basic and diluted earnings per common share:

Year ended December 31
(In thousands, except share data)		202420232022
Numerator:
Net income$151,420 $126,734 $148,351 
Denominator:
Weighted-average common shares outstanding
16,143,708 16,163,500 16,246,009 
Effect of dilutive PBRSUs and TBRSUs
101,089 86,519 119,300 
Weighted-average common shares outstanding adjusted for the effect of dilutive PBRSUs and TBRSUs
16,244,797 16,250,019 16,365,309 
Earnings per common share:
Basic earnings per common share$9.38 $7.84 $9.13 
Diluted earnings per common share$9.32 $7.80 $9.06 
 
Park awarded 59,165, 54,698 and 52,335 PBRSUs to certain employees during the years ended December 31, 2024, 2023 and 2022, respectively.
During the year ended December 31, 2023, Park repurchased 199,000 common shares, to fund the PBRSUs, TBRSUs and common shares awarded to directors of Park and to directors of PNB (and its divisions) as well as pursuant to Park's previously announced stock repurchase authorizations. There were no common shares repurchased during the years ended December 31, 2024 or December 31, 2022.