v3.26.1
Segment Reporting
 6 Months Ended
Jun. 30, 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
June 30,
(in thousands)20262025
Interest Income$172,327 $136,496 
Reconciliation of Revenue
Other revenues$39,540 $32,186 
Total consolidated revenues$211,867 $168,682 
Less:
Interest expense$33,470 $27,505 
Segment net interest income and noninterest income$178,397 $141,177 
Less:
Provision for credit losses4,5752,853
Salaries46,02338,560
Employee benefits11,9189,108
Occupancy expense4,0273,269
Furniture and equipment expense3,0142,234
Data processing fees15,11311,021
Professional fees and services8,7317,395
Marketing1,5501,295
Insurance1,9861,667
Communication1,400941
State tax expense1,5291,350
Amortization of intangible assets2,072273
Miscellaneous3,5971,864
Income taxes14,11011,228
Segment net income/consolidated net income$58,752 $48,119 
Other segment disclosures
Interest income172,327136,496
Interest expense33,47027,505
Depreciation2,9562,828
Amortization2,072273
Other significant noncash items:
Provision for credit losses4,5752,853
Reconciliation of assets
Total assets for reportable segments$12,677,010 $9,949,578 
Other assets——
Total consolidated assets$12,677,010 $9,949,578 
Banking Segment
Six Months Ended
June 30,
(in thousands)20262025
Interest Income$327,104 $268,696 
Reconciliation of Revenue
Other revenues$73,268 $57,932 
Total consolidated revenues$400,372 $326,628 
Less:
Interest expense$62,467 $55,328 
Segment net interest income and noninterest income$337,905 $271,300 
Less:
Provision for credit losses7,2473,609
Salaries91,60074,776
Employee benefits23,61019,624
Occupancy expense8,5996,788
Furniture and equipment expense5,5314,535
Data processing fees28,25421,550
Professional fees and services25,55914,702
Marketing3,1062,823
Insurance4,0603,353
Communication2,8252,143
State tax expense2,8962,536
Amortization of intangible assets3,351547
Miscellaneous6,7283,764
Income taxes24,10020,274
Segment net income/consolidated net income$100,439 $90,276 
Other segment disclosures
Interest income327,104268,696
Interest expense62,46755,328
Depreciation5,8075,741
Amortization3,351547
Other significant noncash items:
Provision for credit losses7,2473,609