v3.26.1
Segment Reporting
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment Reporting Segment Information
Park's chief operating decision maker is Park's Chief Executive Officer and President. 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 2025 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
March 31,
(in thousands)20262025
Interest Income$154,777 $132,200 
Reconciliation of Revenue
Other revenues$33,728 $25,746 
Total consolidated revenues$188,505 $157,946 
Less:
Interest expense$28,997 $27,823 
Segment net interest income and noninterest income$159,508 $130,123 
Less:
Provision for credit losses2,672756
Salaries45,57736,216
Employee benefits11,69210,516
Occupancy expense4,5723,519
Furniture and equipment expense2,5172,301
Data processing fees13,14110,529
Professional fees and services16,8287,307
Marketing1,5561,528
Insurance2,0741,686
Communication1,4251,202
State tax expense1,3671,186
Amortization of intangible assets1,279274
Miscellaneous3,1311,900
Income taxes9,9909,046
Segment net income/consolidated net income$41,687 $42,157 
Other segment disclosures
Interest income154,777132,200
Interest expense28,99727,823
Depreciation2,8512,913
Amortization1,279274
Other significant noncash items:
Provision for credit losses2,672756
Reconciliation of assets
Total assets for reportable segments$12,983,967 $9,886,612 
Other assets——
Total consolidated assets$12,983,967 $9,886,612