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Segment Reporting
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Segment Reporting Disclosure Segment Information
Park's chief operating decision maker is Park's Chairman and Chief Executive Officer. While the chief decision maker monitors the operating results of its lines of business, operations are managed and financial performance is evaluated on a consolidated basis. Accordingly, all of the financial service operations are considered by management to be aggregated in one reportable operating segment.

The segment is determined by the level of information provided to the chief operating decision maker, who uses such information to review performance of various components of the business, which are then aggregated if operating performance, products, and services are similar. The chief operating decision maker will evaluate the financial performance of Park's business components such as by evaluating interest income, interest expense, other revenue streams, significant expenses, and budget to actual results in assessing Park's segment and in the determination of allocation resources. The chief operating
decision maker uses consolidated net income to benchmark Park against its peers. The benchmarking analysis coupled with monitoring of budget to actual results are used in assessment of performance and in establishing compensation. Loans, investments, deposits, and fiduciary income provide the revenues in the banking operation. Interest expense, provisions for credit losses, and payroll/benefits provide the significant expenses in the banking operation. All operations are domestic.

Accounting policies for Park's reportable segment are the same as described in Note 1 - Summary of Significant Accounting Policies. Segment performance is evaluated using consolidated net income. Information reported internally for performance assessment by the chief operating decision maker follows, inclusive of reconciliations of significant segment totals to the financial statements.

Banking Segment
(in thousands)202420232022
Interest Income$522,965 $471,670 $378,247 
Reconciliation of Revenue
Other revenues$122,588 $92,634 $135,935 
Total consolidated revenues$645,553 $564,304 $514,182 
Less:
Interest expense$124,946 $98,557 $31,188 
Segment net interest income and noninterest income$520,607 $465,747 $482,994 
Less:
Provision for credit losses14,5432,9044,557
Salaries147,311139,237133,299
Employee benefits41,72442,26440,490
Occupancy expense12,81613,11413,866
Furniture and equipment expense9,98312,23311,901
Data processing fees40,56437,63732,627
Professional fees and services31,14629,17330,837
Marketing6,3185,4715,335
Insurance6,7357,6405,413
Communication4,0974,2103,891
State tax expense4,5004,6574,585
Amortization of intangible assets1,2151,3231,487
Foundation contributions2,0001,0004,000
Miscellaneous12,93011,28010,247
Income taxes33,30526,87032,108
Segment net income/consolidated net income$151,420 $126,734 $148,351 
(in thousands)202420232022
Other segment disclosures
Interest income522,965471,670378,247
Interest expense124,94698,55731,188
Depreciation12,19214,01513,819
Amortization1,2151,3231,487
Other significant noncash items:
Provision for credit losses14,5432,9044,557
Segment assets9,805,3509,836,4539,854,993
Reconciliation of assets
Total assets for reportable segments$9,805,350 9,836,4539,854,993
Other assets
Total consolidated assets$9,805,350 9,836,4539,854,993