XML 50 R39.htm IDEA: XBRL DOCUMENT
v3.25.2

Allowance For Credit Losses (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery [Abstract] |
Activity In The Allowance For Loan Losses | The activity in the ACL for the three-month and six-month periods ended June 30, 2025 and June 30, 2024 is summarized in the following tables:
| Three Months Ended June 30, 2025
(In thousands) | Commercial, financial and agricultural |  | Commercial real estate |  | Construction real estate |  | Residential real estate |  | Consumer |  | Leases |  | Total
ACL: |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance | $ | 11,408 |  |  | $ | 19,838 |  |  | $ | 8,139 |  |  | $ | 22,749 |  |  | $ | 25,815 |  |  | $ | 181 |  |  | $ | 88,130 |
Charge-offs | 272 |  |  | 68 |  |  | — |  |  | 100 |  |  | 3,519 |  |  | — |  |  | 3,959 |
Recoveries | 187 |  |  | 784 |  |  | 7 |  |  | 55 |  |  | 1,728 |  |  | — |  |  | 2,761 |
Net charge-offs/(recoveries) | $ | 85 |  |  | $ | (716) |  |  | $ | (7) |  |  | $ | 45 |  |  | $ | 1,791 |  |  | $ | — |  |  | $ | 1,198 |
(Recovery of) provision for credit losses | (220) |  |  | (55) |  |  | (381) |  |  | 1,806 |  |  | 1,692 |  |  | 11 |  |  | 2,853 |
Ending balance | $ | 11,103 |  |  | $ | 20,499 |  |  | $ | 7,765 |  |  | $ | 24,510 |  |  | $ | 25,716 |  |  | $ | 192 |  |  | $ | 89,785 |
| Three Months Ended June 30, 2024
(In thousands) | Commercial, financial and agricultural |  | Commercial real estate |  | Construction real estate |  | Residential real estate |  | Consumer |  | Leases |  | Total
ACL: |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance | $ | 14,971 |  |  | $ | 17,181 |  |  | $ | 5,742 |  |  | $ | 19,633 |  |  | $ | 27,394 |  |  | $ | 163 |  |  | $ | 85,084 |
Charge-offs | 286 |  |  | — |  |  | — |  |  | 30 |  |  | 2,781 |  |  | — |  |  | 3,097 |
Recoveries | 90 |  |  | 5 |  |  | 119 |  |  | 185 |  |  | 1,076 |  |  | — |  |  | 1,475 |
Net charge-offs/(recoveries) | $ | 196 |  |  | $ | (5) |  |  | $ | (119) |  |  | $ | (155) |  |  | $ | 1,705 |  |  | $ | — |  |  | $ | 1,622 |
Provision for (recovery of) credit losses | 1,888 |  |  | (331) |  |  | 6 |  |  | (338) |  |  | 1,890 |  |  | (2) |  |  | 3,113 |
Ending balance | $ | 16,663 |  |  | $ | 16,855 |  |  | $ | 5,867 |  |  | $ | 19,450 |  |  | $ | 27,579 |  |  | $ | 161 |  |  | $ | 86,575 |
| Six Months Ended June 30, 2025
(In thousands) | Commercial, financial and agricultural |  | Commercial real estate |  | Construction real estate |  | Residential real estate |  | Consumer |  | Leases |  | Total
ACL: |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance | $ | 12,683 |  |  | $ | 19,571 |  |  | $ | 7,125 |  |  | $ | 22,355 |  |  | $ | 26,081 |  |  | $ | 151 |  |  | $ | 87,966 |
Charge-offs | 573 |  |  | 68 |  |  | — |  |  | 125 |  |  | 6,798 |  |  | — |  |  | $ | 7,564 |
Recoveries | 524 |  |  | 798 |  |  | 1,111 |  |  | 100 |  |  | 3,241 |  |  | — |  |  | $ | 5,774 |
Net charge-offs/(recoveries) | $ | 49 |  |  | $ | (730) |  |  | $ | (1,111) |  |  | $ | 25 |  |  | $ | 3,557 |  |  | $ | — |  |  | $ | 1,790 |
(Recovery of) provision for credit losses | (1,531) |  |  | 198 |  |  | (471) |  |  | 2,180 |  |  | 3,192 |  |  | 41 |  |  | $ | 3,609 |
Ending balance | $ | 11,103 |  |  | $ | 20,499 |  |  | $ | 7,765 |  |  | $ | 24,510 |  |  | $ | 25,716 |  |  | $ | 192 |  |  | $ | 89,785 |
| Six Months Ended June 30, 2024
(In thousands) | Commercial, financial and agricultural |  | Commercial real estate |  | Construction real estate |  | Residential real estate |  | Consumer |  | Leases |  | Total
ACL: |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance | $ | 15,496 |  |  | $ | 16,374 |  |  | $ | 5,227 |  |  | $ | 18,818 |  |  | $ | 27,713 |  |  | $ | 117 |  |  | $ | 83,745 |
Charge-offs | 506 |  |  | — |  |  | — |  |  | 31 |  |  | 5,800 |  |  | — |  |  | 6,337 |
Recoveries | 261 |  |  | 27 |  |  | 1,033 |  |  | 267 |  |  | 2,286 |  |  | — |  |  | 3,874 |
Net charge-offs/(recoveries) | $ | 245 |  |  | $ | (27) |  |  | $ | (1,033) |  |  | $ | (236) |  |  | $ | 3,514 |  |  | $ | — |  |  | $ | 2,463 |
Provision for (recovery of) credit losses | 1,412 |  |  | 454 |  |  | (393) |  |  | 396 |  |  | 3,380 |  |  | 44 |  |  | 5,293 |
Ending balance | $ | 16,663 |  |  | $ | 16,855 |  |  | $ | 5,867 |  |  | $ | 19,450 |  |  | $ | 27,579 |  |  | $ | 161 |  |  | $ | 86,575 |
Composition Of The Allowance For Loan Losses | The composition of the ACL at June 30, 2025 and at December 31, 2024 was as follows:
| June 30, 2025
(In thousands) | Commercial, financial and agricultural |  | Commercial real estate |  | Construction real estate |  | Residential real estate |  | Consumer |  | Leases |  | Total
ACL: |  |  |  |  |  |  |  |  |  |  |  |  |
Ending allowance balance attributed to loans: |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment - nonaccrual | $ | 692 |  | $ | 82 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 774
Individually evaluated for impairment - accrual | — |  | — |  | — |  | — |  | — |  | — |  | —
Collectively evaluated for impairment | 10,411 |  | 20,417 |  | 7,765 |  | 24,510 |  | 25,716 |  | 192 |  | 89,011
Accruing loans acquired with deteriorated credit quality | — |  | — |  | — |  | — |  | — |  | — |  | —
Total ending allowance balance | $ | 11,103 |  | $ | 20,499 |  | $ | 7,765 |  | $ | 24,510 |  | $ | 25,716 |  | $ | 192 |  | $ | 89,785
Loan balance: |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment - nonaccrual | $ | 22,528 |  | $ | 22,534 |  | $ | 119 |  | $ | 1,363 |  | $ | — |  | $ | 3 |  | $ | 46,547
Individually evaluated for impairment - accrual | 14,019 |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 14,019
Loans collectively evaluated for impairment | 1,177,683 |  | 2,082,834 |  | 429,914 |  | 2,310,437 |  | 1,870,856 |  | 28,927 |  | 7,900,651
Accruing loans acquired with deteriorated credit quality | — |  | 1,319 |  | 557 |  | 128 |  | — |  | — |  | 2,004
Total ending loan balance | $ | 1,214,230 |  | $ | 2,106,687 |  | $ | 430,590 |  | $ | 2,311,928 |  | $ | 1,870,856 |  | $ | 28,930 |  | $ | 7,963,221
ACL as a percentage of loan balance: |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment - nonaccrual | 3.07 | % |  | 0.36 | % |  | — | % |  | — | % |  | — | % |  | — | % |  | 1.66 | %
Individually evaluated for impairment - accrual | — | % |  | — | % |  | — | % |  | — | % |  | — | % |  | — | % |  | — | %
Loans collectively evaluated for impairment | 0.88 | % |  | 0.98 | % |  | 1.81 | % |  | 1.06 | % |  | 1.37 | % |  | 0.66 | % |  | 1.13 | %
Accruing loans acquired with deteriorated credit quality | — | % |  | — | % |  | — | % |  | — | % |  | — | % |  | — | % |  | — | %
Total | 0.91 | % |  | 0.97 | % |  | 1.80 | % |  | 1.06 | % |  | 1.37 | % |  | 0.66 | % |  | 1.13 | %
|  | December 31, 2024
(In thousands) |  | Commercial, financial and agricultural |  | Commercial real estate |  | Construction real estate |  | Residential real estate |  | Consumer |  | Leases |  | Total
ACL: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending allowance balance attributed to loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment - nonaccrual |  | $ | 1,259 |  | $ | — |  | $ | — |  | $ | 40 |  | $ | — |  | $ | — |  | $ | 1,299
Individually evaluated for impairment - accrual |  | — |  | — |  | — |  | — |  | — |  | — |  | —
Collectively evaluated for impairment |  | 11,424 |  | 19,571 |  | 7,125 |  | 22,315 |  | 26,081 |  | 151 |  | 86,667
Accruing loans acquired with deteriorated credit quality |  | — |  | — |  | — |  | — |  | — |  | — |  | —
Total ending allowance balance |  | $ | 12,683 |  | $ | 19,571 |  | $ | 7,125 |  | $ | 22,355 |  | $ | 26,081 |  | $ | 151 |  | $ | 87,966
Loan balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment - nonaccrual |  | $ | 24,194 |  | $ | 23,230 |  | $ | 8 |  | $ | 5,700 |  | $ | — |  | $ | 17 |  | $ | 53,149
Individually evaluated for impairment - accrual |  | 15,290 |  | — |  | — |  | — |  | — |  | — |  | 15,290
Loans collectively evaluated for impairment |  | 1,230,101 |  | 1,969,785 |  | 411,988 |  | 2,194,457 |  | 1,910,372 |  | 29,812 |  | 7,746,515
Accruing loans acquired with deteriorated credit quality |  | — |  | 1,317 |  | 581 |  | 276 |  | — |  | — |  | 2,174
Total ending loan balance |  | $ | 1,269,585 |  | $ | 1,994,332 |  | $ | 412,577 |  | $ | 2,200,433 |  | $ | 1,910,372 |  | $ | 29,829 |  | $ | 7,817,128
ACL as a percentage of loan balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment - nonaccrual |  | 5.20 | % |  | — | % |  | — | % |  | 0.70 | % |  | — | % |  | — | % |  | 2.44 | %
Individually evaluated for impairment - accrual |  | — | % |  | — | % |  | — | % |  | — | % |  | — | % |  | — | % |  | — | %
Loans collectively evaluated for impairment |  | 0.93 | % |  | 0.99 | % |  | 1.73 | % |  | 1.02 | % |  | 1.37 | % |  | 0.51 | % |  | 1.12 | %
Accruing loans acquired with deteriorated credit quality |  | — | % |  | — | % |  | — | % |  | — | % |  | — | % |  | — | % |  | — | %
Total |  | 1.00 | % |  | 0.98 | % |  | 1.73 | % |  | 1.02 | % |  | 1.37 | % |  | 0.51 | % |  | 1.13 | %

X
- Definition Schedule Of Allowance For Loan Losses [Text Block] + References No definition available. + Details
Name: | prk_ScheduleOfAllowanceForLoanLossesTextBlock
Namespace Prefix: | prk_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_AllowanceForLoanAndLeaseLossesWriteoffsNetAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allowance for credit loss of financing receivable, classified as current. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_ScheduleOfCreditLossesForFinancingReceivablesCurrentTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration