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Segment Reporting | 9 Months Ended
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Sep. 30, 2025
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 of the Notes to Consolidated Financial Statements included in Park’s 2024 Form 10-K. 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
|  | Three Months Ended and At September 30,
(in thousands) |  | 2025 | 2024
Interest Income |  | $ | 138,952 |  | $ | 133,808 |
Reconciliation of Revenue |  |  |
Other revenues |  | $ | 30,574 |  | $ | 36,530 |
Total consolidated revenues |  | $ | 169,526 |  | $ | 170,338 |
Less: |  |  |
Interest expense |  | $ | 27,935 |  | $ | 32,694 |
Segment net interest income and noninterest income |  | $ | 141,591 |  | $ | 137,644 |
Less: |  |  |
Provision for credit losses |  | 4,030 | 5,315
Salaries |  | 38,644 | 38,370
Employee benefits |  | 9,892 | 10,162
Occupancy expense |  | 3,242 | 3,731
Furniture and equipment expense |  | 2,219 | 2,571
Data processing fees |  | 11,531 | 11,764
Professional fees and services |  | 7,475 | 7,842
Marketing |  | 1,507 | 1,464
Insurance |  | 1,468 | 1,640
Communication |  | 1,239 | 955
State tax expense |  | 1,182 | 1,116
Amortization of intangible assets |  | 248 | 287
Foundation contributions |  | — | 2,000
Miscellaneous |  | 816 | 3,779
Income taxes |  | 10,940 | 8,431
Segment net income/consolidated net income |  | $ | 47,158 |  | $ | 38,217 |
Other segment disclosures |  |  |
Interest income |  | 138,952 | 133,808
Interest expense |  | 27,935 | 32,694
Depreciation |  | 2,825 | 2,976
Amortization |  | 248 | 287
Other significant noncash items: |  |  |
Provision for credit losses |  | 4,030 | 5,315
Segment assets |  | 9,862,068 | 9,903,049
Reconciliation of assets |  |  |
Total assets for reportable segments |  | $ | 9,862,068 |  | 9,903,049
Other assets |  | — | —
Total consolidated assets |  | $ | 9,862,068 |  | $ | 9,903,049 |
|  | Banking Segment
|  | Nine Months Ended September 30,
(in thousands) |  | 2025 | 2024
Interest Income |  | $ | 407,648 |  | $ | 389,352 |
Reconciliation of Revenue |  |  |
Other revenues |  | $ | 88,506 |  | $ | 91,524 |
Total consolidated revenues |  | $ | 496,154 |  | $ | 480,876 |
Less: |  |  |
Interest expense |  | $ | 83,263 |  | $ | 94,778 |
Segment net interest income and noninterest income |  | $ | 412,891 |  | $ | 386,098 |
Less: |  |  |
Provision for credit losses |  | 7,639 | 10,608
Salaries |  | 113,420 | 110,057
Employee benefits |  | 29,516 | 31,595
Occupancy expense |  | 10,030 | 9,887
Furniture and equipment expense |  | 6,754 | 7,608
Data processing fees |  | 33,081 | 30,114
Professional fees and services |  | 22,177 | 20,681
Marketing |  | 4,330 | 4,369
Insurance |  | 4,821 | 5,135
Communication |  | 3,382 | 2,993
State tax expense |  | 3,718 | 3,355
Amortization of intangible assets |  | 795 | 927
Foundation contributions |  | — |  | 2,000
Miscellaneous |  | 4,580 | 9,377
Income taxes |  | 31,214 | 24,602
Segment net income/consolidated net income |  | $ | 137,434 |  | $ | 112,790 |
Other segment disclosures |  |  |
Interest income |  | 407,648 | 389,352
Interest expense |  | 83,263 | 94,778
Depreciation |  | 8,566 | 9,114
Amortization |  | 795 | 927
Other significant noncash items: |  |  |
Provision for credit losses |  | 7,639 | 10,608

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- Definition The entire disclosure for reporting segments including data and tables. 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