10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

(Mark One)

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2022

OR

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ______________________ to __________________________

  

Commission File Number 1-13006

 

PARK NATIONAL CORPORATION

(Exact name of registrant as specified in its charter)

 

Ohio	31-1179518
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

50 North Third Street,	P.O. Box 3500	Newark,	Ohio	43058-3500
(Address of principal executive offices) (Zip Code)

(740)	349-8451
(Registrant’s telephone number, including area code)

N/A

(Former name, former address and former fiscal year, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common shares, without par value	PRK	NYSE American

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

 Yes   ☒   No   ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

Yes  ☒   No  ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer”, “accelerated filer”,

“smaller reporting company”, and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer	☒	Accelerated filer	☐
Non-accelerated filer	☐	Smaller reporting company	☐
		Emerging growth company	☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

 Yes   ☐   No   ☒

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date: 16,263,583 Common Shares, no par value per share, outstanding at November 7, 2022.

PARK NATIONAL CORPORATION

CONTENTS

	Page
PART I.   FINANCIAL INFORMATION
Item 1.  Financial Statements
Consolidated Condensed Balance Sheets at September 30, 2022 and December 31, 2021 (unaudited)	5
Consolidated Condensed Statements of Income for the three months and the nine months ended September 30, 2022 and 2021 (unaudited)	7
Consolidated Condensed Statements of Comprehensive (Loss) Income for the three months and the nine months ended September 30, 2022 and 2021 (unaudited)	9
Consolidated Condensed Statements of Changes in Shareholders’ Equity for the three months and the nine months ended September 30, 2022 and 2021 (unaudited)	10
Consolidated Condensed Statements of Cash Flows for the nine months ended September 30, 2022 and 2021 (unaudited)	12
Notes to Unaudited Consolidated Condensed Financial Statements	14
Item 2.  Management’s Discussion and Analysis of Financial Condition and Results of Operations	71
Item 3.  Quantitative and Qualitative Disclosures About Market Risk	105
Item 4.  Controls and Procedures	105
PART II.  OTHER INFORMATION	107
Item 1.  Legal Proceedings	107
Item 1A. Risk Factors	107
Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds	107
Item 3.  Defaults Upon Senior Securities	108
Item 4.  Mine Safety Disclosures	108
Item 5.  Other Information	108
Item 6.  Exhibits	108
SIGNATURES	111

3

Glossary of Abbreviations and Acronyms

Park has identified the following list of abbreviations and acronyms that are used in the Unaudited Consolidated Condensed Financial Statements, Notes to Unaudited Consolidated Condensed Financial Statements, and Management's Discussion and Analysis of Financial Condition and Results of Operations.

AFS	Available-for-sale	LIBOR	London Inter-Bank Offered Rate
ACL	Allowance for credit losses	MSRs	Mortgage servicing rights
Allowance	Allowance for credit losses	NAV	Net asset value
AOCI	Accumulated other comprehensive (loss) income	NewDominion	NewDominion Bank
ASC	Accounting Standards Codification	OCI	Other comprehensive (loss) income
ASU	Accounting Standards Update	OREO	Other real estate owned
AUCL	Allowance for unfunded credit losses	OWS	One-way sell
CARES Act	Coronavirus Aid, Relief, and Economic Security Act	Park	Park National Corporation and its subsidiaries
Carolina Alliance	CAB Financial Corporation and its subsidiaries	PBRSUs	Performance-based restricted stock units
CECL	Current expected credit loss	PCD	Purchased credit deteriorated
COVID-19	Novel coronavirus	PD	Probability of default
DCF	Discounted cash flow	PNB	The Park National Bank
FASB	Financial Accounting Standards Board	PPP	CARES Act Paycheck Protection Program
FHLB	Federal Home Loan Bank	ROU	Right-of-use
FRB	Federal Reserve Bank	SARs	Stock appreciation rights
GDP	Gross domestic product	SBA	Small Business Administration
GFSC	Guardian Financial Services Company	SEC	U.S. Securities and Exchange Commission
HPI	Home price index	SEPH	SE Property Holdings, LLC
HTM	Held-to-maturity	TBRSUs	Time-based restricted stock units
IRLC	Interest rate lock commitment	TDRs	Troubled debt restructurings
KSOP	Park's qualified retirement plan that combines an employee stock ownership plan (ESOP) with a 401(k) plan	U.S. GAAP	United States Generally Accepted Accounting Principles
LDA	Loss driver analysis	U.S.	United States
LGD	Loss given default

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PARK NATIONAL CORPORATION AND SUBSIDIARIES

Consolidated Condensed Balance Sheets (Unaudited)

(in thousands, except share and per share data)    

                

	September 30, 2022		December 31, 2021
Assets:
Cash and due from banks	$	149,136	$	144,507
Money market instruments	58,297		74,673
Cash and cash equivalents	207,433		219,180
Investment securities:
Debt securities available-for-sale, at fair value (amortized cost of $1,893,453 and $1,727,363 at September 30, 2022 and December 31, 2021, respectively, and no allowance for credit losses at September 30, 2022 and December 31, 2021)	1,742,123		1,754,140
Other investment securities	85,945		61,268
Total investment securities	1,828,068		1,815,408
Loans	7,103,246		6,871,122
Allowance for credit losses	(83,961)		(83,197)
Net loans	7,019,285		6,787,925
Bank owned life insurance	219,909		215,792
Prepaid assets	158,301		144,124
Goodwill	159,595		159,595
Other intangible assets	6,316		7,462
Premises and equipment, net	84,669		89,008
Affordable housing tax credit investments	62,771		58,711
OREO	1,354		775
Accrued interest receivable	29,144		23,413
Operating lease right-of-use asset	15,536		13,446
Mortgage loan servicing rights	16,191		15,264
Other	46,475		10,151
Total assets	$	9,855,047	$	9,560,254

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PARK NATIONAL CORPORATION AND SUBSIDIARIES

Consolidated Condensed Balance Sheets (Unaudited) (Continued)

(in thousands, except share and per share data)

	September 30, 2022		December 31, 2021
Liabilities and Shareholders' Equity:
Deposits:
Non-interest bearing	$	3,138,417	$	3,066,419
Interest bearing	5,171,510		4,838,109
Total deposits	8,309,927		7,904,528
Short-term borrowings	189,493		238,786
Subordinated notes	188,551		188,210
Unfunded commitments in affordable housing tax credit investments	28,480		28,484
Operating lease liability	16,414		14,339
Allowance for credit losses on off-balance sheet commitments	4,451		4,282
Accrued interest payable	1,295		3,116
Other	80,264		67,750
Total liabilities	$	8,818,875	$	8,449,495
Shareholders' equity:
Preferred shares (200,000 shares authorized; No shares issued)	$	—	$	—
Common shares (No par value; 20,000,000 shares authorized; 17,623,104 shares issued at September 30, 2022 and 17,623,118 shares issued at December 31, 2021)	461,321		461,800
Retained earnings	839,207		776,294
Treasury shares (1,369,310 shares at September 30, 2022 and 1,403,555 shares at December 31, 2021)	(139,013)		(142,490)
Accumulated other comprehensive (loss) income, net of taxes	(125,343)		15,155
Total shareholders' equity	1,036,172		1,110,759
Total liabilities and shareholders’ equity	$	9,855,047	$	9,560,254

SEE ACCOMPANYING NOTES TO UNAUDITED CONSOLIDATED CONDENSED FINANCIAL STATEMENTS

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PARK NATIONAL CORPORATION AND SUBSIDIARIES

Consolidated Condensed Statements of Income (Unaudited)

(in thousands, except share and per share data)

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Interest and dividend income:
Interest and fees on loans	$	83,522	$	78,127	$	233,725	$	238,040
Interest and dividends on:
Debt securities - taxable	10,319		4,904		24,073		13,760
Debt securities - tax-exempt	2,923		2,029		8,046		6,098
Other interest income	3,180		360		3,593		689
Total interest and dividend income	99,944		85,420		269,437		258,587
Interest expense:
Interest on deposits:
Demand and savings deposits	5,757		435		7,441		1,222
Time deposits	825		1,011		2,253		3,880
Interest on borrowings:
Short-term borrowings	306		187		740		552
Long-term debt	2,228		2,185		6,550		6,746
Total interest expense	9,116		3,818		16,984		12,400
Net interest income	90,828		81,602		252,453		246,187
Provision for (recovery of) credit losses	3,190		1,972		1,576		(6,923)
Net interest income after provision for (recovery of) credit losses	$	87,638	$	79,630	250,877		253,110
Other income:
Income from fiduciary activities	$	8,216	$	8,820	25,872		25,562
Service charges on deposit accounts	2,859		2,389		7,496		6,475
Other service income	2,956		6,668		12,715		23,444
Debit card fee income	6,514		6,453		19,371		19,297
Bank owned life insurance income	1,185		1,462		4,734		3,776
ATM fees	610		622		1,725		1,807
Gain (loss) on sale of OREO, net	5,607		3		5,611		(26)
OREO valuation markup	12,009		—		12,039		13
Gain on equity securities, net	58		609		3,120		2,886
Other components of net periodic pension benefit income	3,027		2,038		9,081		6,114
Miscellaneous	3,653		3,347		7,779		8,390
Total other income	$	46,694	$	32,411	$	109,543	$	97,738

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PARK NATIONAL CORPORATION AND SUBSIDIARIES

Consolidated Condensed Statements of Income (Unaudited) (Continued)

(in thousands, except share and per share data)

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Other expense:
Salaries	$	37,889	$	29,433	$	99,462	$	89,632
Employee benefits	9,897		10,640		30,595		30,897
Occupancy expense	3,455		3,211		9,709		9,878
Furniture and equipment expense	2,912		2,797		8,783		8,163
Data processing fees	8,170		7,817		24,090		22,679
Professional fees and services	8,359		6,973		20,992		19,610
Marketing	1,595		1,574		3,931		4,355
Insurance	1,237		1,403		3,887		4,370
Communication	1,098		796		2,923		2,688
State tax expense	1,186		1,113		3,545		3,324
Amortization of intangible assets	341		420		1,146		1,378
Foundation contribution	4,000		—		4,000		4,000
Miscellaneous	2,764		2,312		7,261		6,780
Total other expense	$	82,903	$	68,489	$	220,324	$	207,754
Income before income taxes	$	51,429	$	43,552	$	140,096	$	143,094
Income taxes	9,361		8,118		24,829		25,697
Net income	$	42,068	$	35,434	$	115,267	$	117,397
Earnings per common share:
Basic	$	2.59	$	2.17	$	7.10	$	7.20
Diluted	$	2.57	$	2.16	$	7.05	$	7.14
Weighted average common shares outstanding:
Basic	16,253,704		16,292,312		16,240,966		16,315,996
Diluted	16,374,982		16,423,912		16,355,790		16,445,568
Regular cash dividends declared per common share	$	1.04	$	1.03	$	3.12	$	3.09
Special cash dividends declared per common share	$	—	$	—	—		$	0.20

SEE ACCOMPANYING NOTES TO UNAUDITED CONSOLIDATED CONDENSED FINANCIAL STATEMENTS

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PARK NATIONAL CORPORATION AND SUBSIDIARIES

Consolidated Condensed Statements of Comprehensive (Loss) Income (Unaudited)

(in thousands)

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Net income	$	42,068	$	35,434	$	115,267	$	117,397
Other comprehensive (loss) income, net of tax:
Unrealized net holding loss on debt securities available-for-sale, net of income tax effect of $(10,617) and $(1,328) for the three months ended September 30, 2022 and 2021, respectively, and $(37,403) and $(3,650) for the nine months ended September 30, 2022 and 2021, respectively.	(39,939)		(4,997)		(140,704)		(13,736)
Reclassification adjustment for losses included in net income on cash flow hedging derivatives, net of income tax effect of $14 for the nine months ended September 30, 2022.	—		—		52		—
Unrealized gain on cash flow hedging derivatives, net of income tax effect of $31 for the three months ended September 30, 2021, and $41 and $94 for the nine months ended September 30, 2022 and 2021, respectively.	—		117		154		355
Other comprehensive loss	$	(39,939)	$	(4,880)	$	(140,498)	$	(13,381)
Comprehensive income (loss)	$	2,129	$	30,554	$	(25,231)	$	104,016

SEE ACCOMPANYING NOTES TO UNAUDITED CONSOLIDATED CONDENSED FINANCIAL STATEMENTS

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PARK NATIONAL CORPORATION AND SUBSIDIARIES

Consolidated Condensed Statements of Changes in Shareholders' Equity (Unaudited)

(in thousands, except share and per share data)

  

	Preferred Shares		Common Shares		Retained Earnings		Treasury Shares		Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2021	$	—	$	461,800	$	776,294	$	(142,490)	$	15,155
Net income					38,875
Other comprehensive loss, net of tax									(55,624)
Dividends on common shares at $1.04 per share					(17,172)
Cash payment for fractional common shares in dividend reinvestment plan			(2)
Issuance of 29,757 common shares under share-based compensation awards, net of 18,658 common shares withheld to pay employee income taxes			(4,508)		(964)		3,021
Share-based compensation expense			1,981
Balance at March 31, 2022	$	—	$	459,271	$	797,033	$	(139,469)	$	(40,469)
Net income					34,324
Other comprehensive loss, net of tax									(44,935)
Dividends on common shares at $1.04 per share					(17,116)
Share-based compensation expense			1,374
Balance at June 30, 2022	$	—	$	460,645	$	814,241	$	(139,469)	$	(85,404)
Net income					42,068
Other comprehensive loss, net of tax									(39,939)
Dividends on common shares at $1.04 per share					(17,101)
Issuance of 4,490 common shares under share-based compensation awards, net of 2,559 common shares withheld to pay employee income taxes			(765)		(1)		$	456
Share-based compensation expense			1,441
Balance at September 30, 2022	$	—	$	461,321	$	839,207	$	(139,013)	$	(125,343)

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PARK NATIONAL CORPORATION AND SUBSIDIARIES

Consolidated Condensed Statements of Changes in Shareholders' Equity (Unaudited) (Continued)

(in thousands, except share and per share data)

	Preferred Shares		Common Shares		Retained Earnings		Treasury Shares		Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2020	$	—	$	460,687	$	704,764	$	(130,766)	$	5,571
Cumulative change in accounting principle					(7,956)
Balance at January 1, 2021	$	—	$	460,687	$	696,808	$	(130,766)	$	5,571
Net income					42,831
Other comprehensive loss, net of tax									(13,472)
Dividends on common shares at $1.23 per share					(20,365)
Cash payment for fractional common shares in dividend reinvestment plan			(1)
Issuance of 21,764 common shares under share-based compensation awards, net of 14,108 common shares withheld to pay employee income taxes			(3,988)		(44)		2,174
Share-based compensation expense			1,836
Balance at March 31, 2021	$	—	$	458,534	$	719,230	$	(128,592)	$	(7,901)
Net income					39,132
Other comprehensive income, net of tax									4,971
Dividends on common shares at $1.03 per share					(17,081)
Cash payment for fractional common shares in dividend reinvestment plan			(2)
Issuance of 4,834 common shares under share-based compensation awards, net of 2,973 common shares withheld to pay employee income taxes			(743)		(126)		483
Share-based compensation expense			1,487
Balance at June 30, 2021	$	—	$	459,276	$	741,155	$	(128,109)	$	(2,930)
Net income					35,434
Other comprehensive loss, net of tax									(4,880)
Dividends on common shares at $1.03 per share					(16,999)
Cash payment for fractional common shares in dividend reinvestment plan			(1)
Issuance of 3,079 common shares under share-based compensation awards, net of 1,348 common shares withheld to pay employee income taxes			(495)		29		307
Repurchase of 137,659 common shares to be held as treasury shares							(16,048)
Share-based compensation expense			1,173
Balance at September 30, 2021	$	—	$	459,953	$	759,619	$	(143,850)	$	(7,810)

SEE ACCOMPANYING NOTES TO UNAUDITED CONSOLIDATED CONDENSED FINANCIAL STATEMENTS

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PARK NATIONAL CORPORATION AND SUBSIDIARIES

Consolidated Condensed Statements of Cash Flows (Unaudited)

(in thousands)

	Nine Months Ended September 30,
	2022		2021
Operating activities:
Net income	$	115,267	$	117,397
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for (recovery of) credit losses	1,576		(6,923)
Accretion of loan fees and costs, net	(9,869)		(20,601)
Depreciation of premises and equipment	10,341		9,951
Amortization of investment securities, net	2,596		1,442
Net accretion of purchase accounting adjustments	(402)		(1,375)
Gain on equity securities, net	(3,120)		(2,886)
Loan originations to be sold in secondary market	(157,868)		(465,278)
Proceeds from sale of loans in secondary market	169,212		503,032
Gain on sale of loans in secondary market	(3,885)		(15,032)
Share-based compensation expense	4,796		4,496
(Gain) loss on sale of OREO, net	(5,611)		26
OREO valuation markup	(12,039)		(13)
Gain on sale of non-mortgage loans	(495)		—
Bank owned life insurance income	(4,734)		(3,776)
Investment in qualified affordable housing tax credits amortization	5,940		5,567
Changes in assets and liabilities:
Increase in prepaid dealer premiums	(10,827)		(3,370)
Increase in other assets	(2,302)		(11,021)
(Decrease) increase in other liabilities	(8,963)		986
Net cash provided by operating activities	$	89,613	$	112,622
Investing activities:
Proceeds from the redemption/repurchase of Federal Home Loan Bank stock	$	2,216	$	8,677
Proceeds from sales of investment securities	—		934
Proceeds from calls and maturities of:
Debt securities AFS	148,192		176,926
Purchases of:
Debt securities AFS	(316,878)		(637,123)
Equity securities	(9,165)		—
Net decrease in other investments	392		2,655
Net loan (originations) paydowns, portfolio loans	(234,239)		269,366
Proceeds from the sale of non-mortgage loans	4,345		3,688
Investment in qualified affordable housing tax credits	(10,004)		(6,182)
Proceeds from the sale of OREO	17,684		659
Life insurance death benefits	8,380		4,862
Purchases of bank owned life insurance	(7,500)		—
Purchases of premises and equipment	(6,576)		(10,670)
Net cash used in investing activities	$	(403,153)	$	(186,208)

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PARK NATIONAL CORPORATION AND SUBSIDIARIES Consolidated Condensed Statements of Cash Flows (Unaudited) (Continued) (in thousands)
	Nine Months Ended September 30,
	2022		2021
Financing activities:
Net increase in deposits	$	188,536	$	900,305
Net decrease (increase) in off-balance sheet deposits	216,869		(108,239)
Net decrease in short-term borrowings	(49,293)		(106,251)
Repayment of long-term debt	—		(32,500)
Value of common shares withheld to pay employee income taxes	(2,761)		(2,403)
Repurchase of common shares to be held as treasury shares	—		(16,048)
Cash dividends paid	(51,558)		(54,357)
Net cash provided by financing activities	$	301,793	$	580,507
(Decrease) increase in cash and cash equivalents	(11,747)		506,921
Cash and cash equivalents at beginning of year	219,180		370,474
Cash and cash equivalents at end of period	$	207,433	$	877,395
Supplemental disclosures of cash flow information:
Cash paid for:
Interest	$	18,805	$	14,930
Federal income tax	16,070		16,430
Non-cash items:
Loans transferred to OREO	$	13,418	$	78
Right-of-use assets obtained in exchange for lease obligations	4,270		547
New commitments in affordable housing tax credits	10,000		10,000
AFS debt securities purchase commitment	—		52,508
New commitments in other investment securities	15,000		—

SEE ACCOMPANYING NOTES TO UNAUDITED CONSOLIDATED CONDENSED FINANCIAL STATEMENTS

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PARK NATIONAL CORPORATION

NOTES TO UNAUDITED CONSOLIDATED CONDENSED FINANCIAL STATEMENTS

Note 1 – Basis of Presentation

The accompanying unaudited consolidated condensed financial statements included in this report have been prepared for Park National Corporation (sometimes also referred to as the “Registrant”) and its subsidiaries. Unless the context otherwise requires, references to "Park", the "Corporation" or the "Company" and similar terms mean Park National Corporation and its subsidiaries. In the opinion of management, all adjustments (consisting of normal recurring accruals) necessary for a fair presentation of the results of operations for the interim periods included herein have been made. The results of operations for the three-month and the nine-month periods ended September 30, 2022 are not necessarily indicative of the operating results to be anticipated for the year ending December 31, 2022.

The accompanying unaudited consolidated condensed financial statements have been prepared in accordance with the instructions for Quarterly Reports on Form 10-Q and, therefore, do not include all information and footnotes necessary for a fair presentation of the consolidated condensed balance sheets, consolidated condensed statements of income, consolidated condensed statements of comprehensive (loss) income, consolidated condensed statements of changes in shareholders’ equity and consolidated condensed statements of cash flows in conformity with U.S. GAAP. These financial statements should be read in conjunction with the consolidated financial statements included in Item 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA in the Annual Report on Form 10-K of Park National Corporation for the fiscal year ended December 31, 2021 ("Park's 2021 Form 10-K"). Certain prior period amounts have been reclassified to conform to the current period presentation.

Park’s significant accounting policies are described in Note 1. Summary of Significant Accounting Policies of the Notes to Consolidated Financial Statements included in Park’s 2021 Form 10-K. For interim reporting purposes, Park follows the same basic accounting policies, as updated by the information contained in this report, and considers each interim period an integral part of an annual period.

The COVID-19 pandemic has caused significant, unprecedented disruption around the world that has affected daily living and negatively impacted the global economy. Additionally, geopolitical conflict (including the conflict in Ukraine) and inflationary pressures have added uncertainty to the overall economic environment. The effects of the COVID-19 pandemic, geopolitical conflict, and inflationary pressures may meaningfully impact significant estimates such as the allowance for credit losses, goodwill, mortgage servicing rights, and pension plan obligations and related expenses. Additionally, the COVID-19 pandemic has particularly impacted certain loan concentrations in the hotels and accommodations, restaurants and food service, and strip shopping centers industries.

Note 2 - Adoption of New Accounting Pronouncements and Issued But Not Yet Effective Accounting Standards

The following is a summary of new accounting pronouncements impacting Park's consolidated financial statements:

Adoption of New Accounting Pronouncements

Staff Accounting Bulletin ("SAB") No. 121 - In March 2022, the SEC issued SAB No. 121. This SAB adds interpretive guidance for entities to consider when they have obligations to safeguard crypto-assets held for their platform users. Specifically, this SAB provides interpretive guidance on the accounting and disclosure of obligations to safeguard crypto-assets held for platform users. This guidance was applicable no later than the financial statement covering the first interim or annual period ending after June 15, 2022. Management reviewed its business activities as of the date of adoption, June 30, 2022, and determined that SAB 121 is not materially impactful to the financial statements. Management has continued to monitor on a quarterly basis and has determined that SAB 121 is not materially impactful to the financial statements as of September 30, 2022.

Issued But Not Yet Effective Accounting Standards

ASU 2022-02 - Financial Instruments - Credit Losses (Topic 326) Troubled Debt Restructurings and Vintage Disclosures: In March 2022, FASB issued ASU 2022-02 - Financial Instruments - Credit Losses (Topic 326) Troubled Debt Restructuring and Vintage Disclosures. ASU 2022-02 eliminates the accounting guidance for TDRs by creditors in Subtopic 310-40, Receivables - Troubled Debt Restructurings by Creditors, while enhancing disclosure requirements for certain loan refinancing and restructurings by creditors when a borrower is experiencing financial difficulty. Additionally, the amendments

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in this ASU require that public business entities disclose current-period gross write-offs by year of origination for financing receivables and net investments in leases within the scope of Subtopic 326-20, Financial Instruments - Credit Losses - Measured at Amortized Cost.

For entities, like Park, that have adopted the amendments in ASU 2016-13, the amendments in ASU 2022-02 are effective for fiscal years beginning after December 15, 2022, including interim periods within those years. Early adoption is permitted, including adoption in an interim period. An entity may elect to adopt the loan modification guidance and related disclosure enhancements separately from the amendments related to vintage disclosures. The amendments in ASU 2022-02 should be applied prospectively, except for the amendments related to the recognition and measurement of TDRs which may be applied prospectively, or using a modified retrospective transition method. Management intends to adopt ASU 2022-02 effective January 1, 2023. The adoption of ASU 2022-02 is not expected to have a material impact on the financial statements but will impact disclosure requirements and reduce individually evaluated loan totals.

Note 3 – Investment Securities

Investment securities at September 30, 2022 and December 31, 2021, were as follows:

Debt securities AFS (In thousands)	Amortized Cost		Gross Unrealized Holding  Gains		Gross Unrealized Holding  Losses		Fair Value
September 30, 2022:
Obligations of U.S. Treasury and other U.S. Government sponsored entities	$	39,000	$	—	$	878	$	38,122
Obligations of states and political subdivisions	424,193		100		30,375		393,918
U.S. Government sponsored entities' asset-backed securities	877,435		—		92,572		784,863
Collateralized loan obligations	535,575		—		26,517		509,058
Corporate debt securities	17,250		—		1,088		16,162
Total	$	1,893,453	$	100	$	151,430	$	1,742,123

 

Debt securities AFS (In thousands)	Amortized Cost		Gross Unrealized Holding  Gains		Gross Unrealized Holding  Losses		Fair Value
December 31, 2021:
Obligations of states and political subdivisions	$	366,933	$	22,682	$	24	$	389,591
U.S. Government sponsored entities' asset-backed securities	849,114		13,437		8,088		854,463
Collateralized loan obligations	500,066		3		1,395		498,674
Corporate debt securities	11,250		169		7		11,412
Total	$	1,727,363	$	36,291	$	9,514	$	1,754,140

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Investment securities in an unrealized loss position at September 30, 2022, were as follows:

	Unrealized loss position for less than 12 months				Unrealized loss position for 12 months or longer				Total
(In thousands)	Fair value		Unrealized losses		Fair value		Unrealized losses		Fair value		Unrealized losses
Debt securities AFS:
Obligations of U.S. Treasury and other U.S. Government sponsored entities	$	38,122	$	878	$	—	$	—	$	38,122	$	878
Obligations of states and political subdivisions	369,881		30,375		—		—		369,881		30,375
U.S. Government sponsored entities' asset-backed securities	548,839		46,623		236,024		45,949		784,863		92,572
Collateralized loan obligations	361,935		19,046		147,123		7,471		509,058		26,517
Corporate debt securities	9,162		1,088		—		—		9,162		1,088
Total	$	1,327,939	$	98,010	$	383,147	$	53,420	$	1,711,086	$	151,430

 Investment securities in an unrealized loss position at December 31, 2021, were as follows:

 

	Unrealized loss position for less than 12 months				Unrealized loss position for 12 months or longer				Total
(In thousands)	Fair value		Unrealized losses		Fair value		Unrealized losses		Fair value		Unrealized losses
Debt securities AFS:
Obligations of states and political subdivisions	$	1,834	$	24	$	—	$	—	$	1,834	$	24
U.S. Government sponsored entities' asset-backed securities	333,653		4,996		73,431		3,092		407,084		8,088
Collateralized loan obligations	429,671		1,395		—		—		429,671		1,395
Corporate debt securities	2,243		7		—		—		2,243		7
Total	$	767,401	$	6,422	$	73,431	$	3,092	$	840,832	$	9,514

At September 30, 2022, Park’s debt securities portfolio consisted of $1.74 billion of securities, $1.71 billion of which were in an unrealized loss position with unrealized losses of $151.4 million. Of the $1.71 billion of securities in an unrealized loss position, $383.1 million were in an unrealized loss position for 12 months or longer. Of the $151.4 million in unrealized losses, an aggregate of $93.5 million were related to Park's "Obligations of U.S. Treasury and other U.S. Government sponsored entities" portfolio and Park's "U.S. Government sponsored entities' asset-backed securities" portfolio. For non-agency debt securities, Park verified that the current credit ratings remain above investment grade. Unrealized losses have not been recognized into earnings as they represent negative adjustments to fair value relative to the rate of interest paid on the securities and not losses related to the creditworthiness of the respective issuers. Management does not intend to sell, and it is not more likely than not that management would be required to sell, the securities prior to their anticipated recovery in respect of the unrealized losses. Management believes the value will recover as the securities approach maturity or market conditions change.

There was no allowance for credit losses recorded for debt securities AFS at either September 30, 2022 or December 31, 2021. Additionally, for the three months and the nine months ended September 30, 2022 and 2021, there were no credit-related investment impairment losses recognized.

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The amortized cost and estimated fair value of investments in debt securities AFS at September 30, 2022, are shown in the following table by contractual maturity, except for asset-backed securities and collateral loan obligations, which are shown as a single total, due to the unpredictability of the timing of principal repayments. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties.

(In thousands)	Amortized cost		Fair value		Tax equivalent yield (1)
Debt Securities AFS
Obligations of U.S. Treasury and other U.S. Government sponsored entities
Due one through five years	$	39,000	$	38,122	2.37	%
Obligations of state and political subdivisions:
Due five through ten years	$	257,514	$	251,544	3.67	%
Due over ten years	166,679		142,374		3.20	%
Total (1)	$	424,193	$	393,918	3.49	%
U.S. Government sponsored entities' asset-backed securities	$	877,435	$	784,863	1.92	%
Collateralized loan obligations	$	535,575	$	509,058	4.54	%
Corporate debt securities
Due five through ten years	$	15,250	$	14,393	3.88	%
Due over ten years	$	2,000	$	1,769	3.13	%
Total	$	17,250	$	16,162	3.79	%

(1) The tax equivalent yield for certain obligations of state and political subdivisions includes the effect of a taxable equivalent adjustment using a 21% federal corporate income tax rate.

There were no sales of debt securities AFS during the three-month or the nine-month periods ended September 30, 2022 or 2021.

Investment securities having an amortized cost of $764.0 million and $733.7 million at September 30, 2022 and December 31, 2021, respectively, were pledged to collateralize government and trust department deposits in accordance with federal and state requirements, to secure repurchase agreements sold and as collateral for FHLB advance borrowings.

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Note 4 – Other Investment Securities

Other investment securities consist of restricted stock investments in the FHLB, the FRB, and equity securities. The restricted FHLB and FRB stock investments are carried at their redemption value. Equity securities with a readily determinable fair value are carried at fair value. Equity securities without a readily determinable fair value are recorded at cost, minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions ("modified cost"). Park's portfolio of equity investments in limited partnerships which provide mezzanine funding ("Partnership Investments") are valued using the NAV practical expedient in accordance with ASC 820.

The carrying amounts of other investment securities at September 30, 2022 and December 31, 2021 were as follows:

 

(In thousands)	September 30, 2022		December 31, 2021
FHLB stock	$	11,197	$	13,413
FRB stock	14,653		14,653
Equity investments carried at fair value	1,746		2,129
Equity investments carried at modified cost (1)	14,726		4,689
Equity investments carried at NAV	43,623		26,384
Total other investment securities	$	85,945	$	61,268

(1) There have been no impairments or downward adjustments made to equity investments carried at modified cost. An upward adjustment of $871,000 was recorded in the nine months ended September 30, 2022 as a result of observable price changes.

During the three months and the nine months ended September 30, 2022, the FHLB repurchased 22,160 shares of FHLB stock with a book value of $2.2 million. During the three months ended September 30, 2021, the FHLB repurchased 21,286 shares of FHLB stock with a book value of $2.1 million. During the nine months ended September 30, 2021, the FHLB repurchased 86,770 shares of FHLB stock with a book value of $8.7 million. No shares of FRB stock were purchased or sold during the three months or the nine months ended September 30, 2022 or 2021.

During the three months ended September 30, 2022 and 2021, $(39,000) and $97,000, respectively, of (losses) gains on equity investments carried at fair value or modified cost were recorded within "Gain on equity securities, net" on the Consolidated Condensed Statements of Income. During the nine months ended September 30, 2022 and 2021, $488,000 and $492,000, respectively, of gains on equity investments carried at fair value or modified cost were recorded within "Gain on equity securities, net" on the Consolidated Condensed Statements of Income.

During the three months ended September 30, 2022 and 2021, $97,000 and $512,000, respectively, of gains on equity investments carried at NAV were recorded within “Gain on equity securities, net” on the Consolidated Condensed Statements of Income. During the nine months ended September 30, 2022 and 2021, $2.6 million and $2.4 million, respectively, of gains on equity investments carried at NAV were recorded within “Gain on equity securities, net” on the Consolidated Condensed Statements of Income.

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Note 5 – Loans

The composition of the loan portfolio at September 30, 2022 and December 31, 2021 was as follows:

 

	September 30, 2022		December 31, 2021
(In thousands)	Amortized Cost		Amortized Cost
Commercial, financial and agricultural: (1)
Commercial, financial and agricultural (1)	$	1,270,321	$	1,223,079
PPP loans	5,715		74,420
Overdrafts	1,957		1,127
Commercial real estate (1)	1,790,801		1,801,792
Construction real estate:
Commercial	200,580		214,561
Retail	111,127		107,225
Residential real estate:
Commercial	532,921		533,802
Mortgage	1,057,204		1,033,658
HELOC	166,989		165,605
Installment	4,251		5,642
Consumer:
Consumer	1,938,913		1,685,793
GFSC	452		1,793
Check loans	2,144		2,093
Leases	19,871		20,532
Total	$	7,103,246	$	6,871,122
Allowance for credit losses	(83,961)		(83,197)
Net loans	$	7,019,285	$	6,787,925

(1) Included within each of commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that were not broken out by class.

In order to support customers, Park participated in the CARES Act Paycheck Protection Program ("PPP"). For its assistance in originating the first round of PPP loans during 2020, Park received an aggregate of $20.2 million in fees from the SBA, and for its assistance in originating additional PPP loans during 2021, Park received an aggregate of $12.9 million in fees from the SBA. During the three months ended September 30, 2022 and September 30, 2021, $361,000 and $4.3 million, respectively, of PPP fee income was recognized within loan interest income. During the nine months ended September 30, 2022 and September 30, 2021, $2.9 million and $14.0 million, respectively, of PPP fee income was recognized within loan interest income.

Loans are shown net of deferred origination fees, costs and unearned income of $18.2 million at September 30, 2022, and of $19.5 million at December 31, 2021, which represented a net deferred income position in both years. At September 30, 2022 and December 31, 2021, included in the net deferred origination fees, costs and unearned income were $133,000 and $2.8 million, respectively, in net origination fees related to PPP loans. At September 30, 2022 and December 31, 2021, loans included purchase accounting adjustments of $2.7 million and $4.2 million, respectively, which represented a net deferred income position at each date. This fair market value purchase accounting adjustment is expected to be recognized into interest income on a level yield basis over the remaining expected life of the loans.

Overdrawn deposit accounts of $2.0 million and $1.1 million were reclassified to loans at September 30, 2022 and December 31, 2021, respectively.

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Credit Quality

The following tables present the amortized cost of nonaccrual loans, accruing TDRs, and loans past due 90 days or more and still accruing, by class of loan, at September 30, 2022 and December 31, 2021:

 

	September 30, 2022
(In thousands)	Nonaccrual Loans		Accruing TDRs		Loans Past Due 90 Days  or More and Accruing		Total Nonperforming Loans
Commercial, financial and agricultural:
Commercial, financial and agricultural	$	10,736	$	1,478	$	30	$	12,244
PPP loans	—		—		8		8
Overdrafts	—		—		—		—
Commercial real estate	18,866		9,068		—		27,934
Construction real estate:
Commercial	439		—		—		439
Retail	10		4		—		14
Residential real estate:
Commercial	1,725		430		—		2,155
Mortgage	9,579		7,084		407		17,070
HELOC	1,172		197		—		1,369
Installment	67		1,009		4		1,080
Consumer:
Consumer	969		561		335		1,865
GFSC	14		—		6		20
Check loans	—		—		—		—
Leases	1,035		—		—		1,035
Total loans	$	44,612	$	19,831	$	790	$	65,233

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	December 31, 2021
(In thousands)	Nonaccrual Loans		Accruing TDRs		Loans Past Due 90 Days or More and Accruing		Total Nonperforming Loans
Commercial, financial and agricultural
Commercial, financial and agricultural	$	13,271	$	9,396	$	—	$	22,667
PPP loans	—		—		793		793
Overdrafts	—		—		—		—
Commercial real estate	40,142		7,713		—		47,855
Construction real estate:
Commercial	52		169		—		221
Retail	716		9		—		725
Residential real estate:
Commercial	2,366		240		—		2,606
Mortgage	11,718		7,779		372		19,869
HELOC	1,590		803		—		2,393
Installment	82		1,508		—		1,590
Consumer
Consumer	1,518		700		431		2,649
GFSC	79		6		11		96
Check loans	—		—		—		—
Leases	1,188		—		—		1,188
Total loans	$	72,722	$	28,323	$	1,607	$	102,652

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The following tables provide additional detail on nonaccrual loans and the related ACL, by class of loan, at September 30, 2022 and December 31, 2021:

	September 30, 2022
(In thousands)	Nonaccrual Loans With No ACL		Nonaccrual Loans With an ACL		Related ACL
Commercial, financial and agricultural:
Commercial, financial and agricultural	$	9,982	$	754	$	507
PPP loans	—		—		—
Overdrafts	—		—		—
Commercial real estate	15,288		3,578		1,152
Construction real estate:
Commercial	439		—		—
Retail	—		10		1
Residential real estate:
Commercial	1,725		—		—
Mortgage	—		9,579		78
HELOC	125		1,047		88
Installment	—		67		17
Consumer
Consumer	—		969		409
GFSC	—		14		1
Check loans	—		—		—
Leases	943		92		18
Total loans	$	28,502	$	16,110	$	2,271

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	December 31, 2021
(In thousands)	Nonaccrual Loans With No ACL		Nonaccrual Loans With an ACL		Related ACL
Commercial, financial and agricultural:
Commercial, financial and agricultural	$	11,494	$	1,777	$	1,343
PPP loans	—		—		—
Overdrafts	—		—		—
Commercial real estate	39,151		991		188
Construction real estate:
Commercial	52		—		—
Retail	—		716		67
Residential real estate:
Commercial	2,366		—		—
Mortgage	—		11,718		73
HELOC	—		1,590		99
Installment	—		82		24
Consumer
Consumer	—		1,518		393
GFSC	—		79		10
Check loans	—		—		—
Leases	914		274		43
Total	$	53,977	$	18,745	$	2,240

Nonaccrual commercial loans are evaluated on an individual basis and are excluded from the collective evaluation. Management’s general practice is to proactively charge down loans individually evaluated to the fair value of the underlying collateral. Nonaccrual consumer loans are collectively evaluated based on similar risk characteristics.

The following tables provide the amortized cost basis of collateral-dependent loans by class of loan, as of September 30, 2022 and December 31, 2021:

	September 30, 2022
(In thousands)	Real Estate		Business Assets		Other		Total
Commercial, financial and agricultural
Commercial, financial and agricultural	$	8,716	$	3,318	$	225	$	12,259
Commercial real estate	31,436		30		—		31,466
Construction real estate:
Commercial	1,107		—		—		1,107
Residential real estate:
Commercial	2,452		—		—		2,452
Mortgage	94		—		—		94
HELOC	124		—		—		124
Leases	—		1,035		—		1,035
Total loans	$	43,929	$	4,383	$	225	$	48,537

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	December 31, 2021
(In thousands)	Real Estate		Business Assets		Other		Total
Commercial, financial and agricultural
Commercial, financial and agricultural	$	9,321	$	13,366	$	156	$	22,843
Commercial real estate	52,901		37		—		52,938
Construction real estate:
Commercial	1,178		—		—		1,178
Residential real estate:
Commercial	2,906		—		57		2,963
Mortgage	370		—		—		370
HELOC	148		—		—		148
Leases	—		1,211		—		1,211
Total loans	$	66,824	$	14,614	$	213	$	81,651

Interest income on nonaccrual loans individually evaluated for impairment is recognized on a cash basis only when Park expects to receive the entire recorded investment in the loans. The following table presents interest income recognized on nonaccrual loans for the three-month and the nine-month periods ended September 30, 2022 and 2021:

	Interest Income Recognized
(In thousands)	Three Months Ended September 30, 2022		Three Months Ended September 30, 2021		Nine Months Ended September 30, 2022		Nine Months Ended September 30, 2021
Commercial, financial and agricultural:
Commercial, financial and agricultural	$	15	$	40	$	45	$	147
PPP loans	—		—		—		—
Overdrafts	—		—		—		—
Commercial real estate	237		458		751		1,480
Construction real estate:
Commercial	6		1		10		38
Retail	—		—		4		1
Residential real estate:
Commercial	24		60		64		180
Mortgage	43		90		112		233
HELOC	5		2		11		12
Installment	1		—		3		2
Consumer:
Consumer	14		23		42		71
GFSC	1		3		4		11
Check loans	—		—		—		—
Leases	9		17		33		61
Total loans	$	355	$	694	$	1,079	$	2,236

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The following tables present the aging of the amortized cost in past due loans at September 30, 2022 and December 31, 2021 by class of loan:

	September 30, 2022
(In thousands)	Accruing  Loans Past Due  30-89 Days		Past Due  Nonaccrual Loans and Loans Past Due 90 Days or More and  Accruing (1)		Total Past  Due		Total Current (2)		Total  Amortized Cost
Commercial, financial and agricultural:
Commercial, financial and agricultural	$	1,356	$	9,303	$	10,659	$	1,259,662	$	1,270,321
PPP loans	780		8		788		4,927		5,715
Overdrafts	—		—		—		1,957		1,957
Commercial real estate	574		516		1,090		1,789,711		1,790,801
Construction real estate:
Commercial	158		—		158		200,422		200,580
Retail	—		—		—		111,127		111,127
Residential real estate:
Commercial	9		362		371		532,550		532,921
Mortgage	6,986		5,450		12,436		1,044,768		1,057,204
HELOC	282		631		913		166,076		166,989
Installment	46		7		53		4,198		4,251
Consumer:
Consumer	4,498		477		4,975		1,933,938		1,938,913
GFSC	46		10		56		396		452
Check loans	5		—		5		2,139		2,144
Leases	38		166		204		19,667		19,871
Total loans	$	14,778	$	16,930	$	31,708	$	7,071,538	$	7,103,246

(1) Includes an aggregate of $790,000 of loans past due 90 days or more and accruing. The remaining loans were past due nonaccrual loans.

(2) Includes an aggregate of $28.5 million of nonaccrual loans which were current in regards to contractual principal and interest payments.

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	December 31, 2021
(in thousands)	Accruing  Loans Past Due  30-89 Days		Past Due  Nonaccrual Loans and Loans Past Due 90 Days or More and  Accruing (1)		Total Past  Due		Total Current (2)		Total  Amortized Cost
Commercial, financial and agricultural
Commercial, financial and agricultural	$	2,908	$	9,547	$	12,455	$	1,210,624	$	1,223,079
PPP loans	242		793		1,035		73,385		74,420
Overdrafts	—		—		—		1,127		1,127
Commercial real estate	65		1,461		1,526		1,800,266		1,801,792
Construction real estate:
Commercial	—		—		—		214,561		214,561
Retail	346		660		1,006		106,219		107,225
Residential real estate:
Commercial	283		438		721		533,081		533,802
Mortgage	6,170		5,933		12,103		1,021,555		1,033,658
HELOC	565		1,011		1,576		164,029		165,605
Installment	49		31		80		5,562		5,642
Consumer
Consumer	2,614		618		3,232		1,682,561		1,685,793
GFSC	153		52		205		1,588		1,793
Check loans	10		—		10		2,083		2,093
Leases	60		526		586		19,946		20,532
Total loans	$	13,465	$	21,070	$	34,535	$	6,836,587	$	6,871,122

(1) Includes an aggregate of $1.6 million of loans past due 90 days or more and accruing. The remaining loans were past due nonaccrual loans.

(2) Includes an aggregate of $53.3 million of nonaccrual loans which were current in regards to contractual principal and interest payments.

Credit Quality Indicators

Management utilizes past due information as a credit quality indicator across the loan portfolio. Past due information at September 30, 2022 and December 31, 2021 is included in the previous tables. The past due information is the primary credit quality indicator within the following classes of loans: (1) overdrafts in the commercial, financial and agricultural portfolio segment; (2) retail loans in the construction real estate portfolio segment; (3) mortgage loans, HELOC and installment loans in the residential real estate portfolio segment; and (4) consumer loans, GFSC loans, and check loans in the consumer portfolio segment. The primary credit indicator for commercial loans is based on an internal grading system that grades all commercial loans on a scale from 1 to 8. Credit grades are continuously monitored by the responsible loan officer and adjustments are made when appropriate. A grade of 1 indicates little or no credit risk and a grade of 8 is considered a loss. Commercial loans that are pass-rated (graded a 1 through a 4) are considered to be of acceptable credit risk. Commercial loans graded a 5 (special mention) are considered to be watch list credits and a higher PD is applied to these loans. Loans classified as special mention have potential weaknesses that require management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of Park’s credit position at some future date. Commercial loans graded a 6 (substandard), also considered watch list credits, are considered to represent higher credit risk and, as a result, a higher PD is applied to these loans. Loans classified as substandard are inadequately protected by the current sound worth and paying capacity of the obligor or the value of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that Park will sustain some loss if the deficiencies are not corrected. Commercial loans graded a 7 (doubtful) are shown as nonaccrual and Park generally charges these loans down to their fair value by taking a partial charge-off or recording a specific reserve. Loans classified as doubtful have all the weaknesses inherent in those classified as substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. Certain 6-rated loans and all 7-rated loans are placed on nonaccrual status and included within the individually evaluated category. A commercial loan is deemed nonaccrual, and is individually evaluated, when management

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determines the borrower's ability to perform in accordance with the contractual loan agreement is in doubt. Any commercial loan graded an 8 (loss) is completely charged off.

Based on the most recent analysis performed, the risk category of loans by class of loans as of September 30, 2022 and December 31, 2021 were as follows:

September 30, 2022	Term Loans Amortized Cost Basis by Origination Year
(In thousands)	2022		2021		2020		2019		2018		Prior		Revolving Loans Amortized Cost Basis		Total
Commercial, financial and agricultural: Commercial, financial and agricultural (1)
Risk rating
Pass	$	146,540	$	221,469	$	166,613	$	68,641	$	36,924	$	62,427	$	523,166	$	1,225,780
Special Mention	622		1,554		1,076		613		38		92		27,378		31,373
Substandard	277		20		2,189		108		1,384		7,838		669		12,485
Doubtful	—		—		7		99		99		273		205		683
Total	$	147,439	$	223,043	$	169,885	$	69,461	$	38,445	$	70,630	$	551,418	$	1,270,321

Commercial, financial and agricultural: PPP
Risk rating
Pass	$	—	$	3,162	$	2,553	$	—	$	—	$	—	$	—	$	5,715
Special Mention	—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—
Total	$	—	$	3,162	$	2,553	$	—	$	—	$	—	$	—	$	5,715

Commercial real estate (1)
Risk rating
Pass	$	271,557	$	379,993	$	389,071	$	228,751	$	112,182	$	327,854	$	14,433	$	1,723,841
Special Mention	397		757		3,934		6,821		13,830		22,311		—		48,050
Substandard	413		1,292		1,043		1,549		4,293		6,596		150		15,336
Doubtful	—		—		—		—		2,966		608		—		3,574
Total	$	272,367	$	382,042	$	394,048	$	237,121	$	133,271	$	357,369	$	14,583	$	1,790,801

Construction real estate: Commercial
Risk rating
Pass	$	69,238	$	55,895	$	30,411	$	3,019	$	3,194	$	3,400	$	34,080	$	199,237
Special Mention	—		—		236		—		—		—		—		236
Substandard	—		132		307		—		668		—		—		1,107
Doubtful	—		—		—		—		—		—		—		—
Total	$	69,238	$	56,027	$	30,954	$	3,019	$	3,862	$	3,400	$	34,080	$	200,580

Residential Real Estate: Commercial
Risk rating
Pass	$	77,551	$	125,411	$	144,603	$	58,862	$	35,700	$	69,669	$	15,341	$	527,137
Special Mention	—		93		1,491		698		—		1,356		146		3,784
Substandard	195		464		321		32		309		679		—		2,000
Doubtful	—		—		—		—		—		—		—		—
Total	$	77,746	$	125,968	$	146,415	$	59,592	$	36,009	$	71,704	$	15,487	$	532,921

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September 30, 2022	Term Loans Amortized Cost Basis by Origination Year
(In thousands)	2022		2021		2020		2019		2018		Prior		Revolving Loans Amortized Cost Basis		Total
Leases
Risk rating
Pass	$	6,869	$	4,275	$	3,996	$	1,529	$	1,209	$	853	$	—	$	18,731
Special Mention	105		—		—		—		—		—		—		105
Substandard	34		—		533		122		13		33		—		735
Doubtful	74		91		26		108		—		1		—		300
Total	$	7,082	$	4,366	$	4,555	$	1,759	$	1,222	$	887	$	—	$	19,871

Total Commercial Loans
Risk rating
Pass	$	571,755	$	790,205	$	737,247	$	360,802	$	189,209	$	464,203	$	587,020	$	3,700,441
Special Mention	1,124		2,404		6,737		8,132		13,868		23,759		27,524		83,548
Substandard	919		1,908		4,393		1,811		6,667		15,146		819		31,663
Doubtful	74		91		33		207		3,065		882		205		4,557
Total	$	573,872	$	794,608	$	748,410	$	370,952	$	212,809	$	503,990	$	615,568	$	3,820,209

(1) Included within each of commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that are not broken out by class.

December 31, 2021	Term Loans Amortized Cost Basis by Origination Year
(In thousands)	2021		2020		2019		2018		2017		Prior		Revolving Loans Amortized Cost Basis		Total
Commercial, financial and agricultural: Commercial, financial and agricultural (1)
Risk rating
Pass	$	267,016	$	208,078	$	100,736	$	52,705	$	36,528	$	59,909	$	468,749	$	1,193,721
Special Mention	1,608		1,592		429		59		277		—		11,986		15,951
Substandard	106		906		401		1,345		549		7,818		484		11,609
Doubtful	—		30		465		227		463		125		488		1,798
Total	$	268,730	$	210,606	$	102,031	$	54,336	$	37,817	$	67,852	$	481,707	$	1,223,079

Commercial, financial and agricultural: PPP
Risk rating
Pass	$	69,588	$	4,832	$	—	$	—	$	—	$	—	$	—	$	74,420
Special Mention	—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—
Total	$	69,588	$	4,832	$	—	$	—	$	—	$	—	$	—	$	74,420

Commercial real estate (1)
Risk rating
Pass	$	376,468	$	445,780	$	263,786	$	154,637	$	115,571	$	317,371	$	14,890	$	1,688,503
Special Mention	786		6,206		32,965		9,354		4,297		17,829		996		72,433
Substandard	3,897		2,578		1,385		11,373		5,967		14,541		450		40,191
Doubtful	—		—		—		—		47		618		—		665
Total	$	381,151	$	454,564	$	298,136	$	175,364	$	125,882	$	350,359	$	16,336	$	1,801,792

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December 31, 2021	Term Loans Amortized Cost Basis by Origination Year
(In thousands)	2021		2020		2019		2018		2017		Prior		Revolving Loans Amortized Cost Basis		Total
Construction real estate: Commercial
Risk rating
Pass	$	96,929	$	76,867	$	7,003	$	4,841	$	1,856	$	3,412	$	22,444	$	213,352
Special Mention	202		—		—		691		—		—		—		893
Substandard	—		52		—		264		—		—		—		316
Doubtful	—		—		—		—		—		—		—		—
Total	$	97,131	$	76,919	$	7,003	$	5,796	$	1,856	$	3,412	$	22,444	$	214,561

Residential Real Estate: Commercial
Risk rating
Pass	$	138,801	$	165,202	$	67,921	$	44,896	$	26,583	$	70,434	$	15,507	$	529,344
Special Mention	95		884		106		79		—		497		135		1,796
Substandard	735		22		691		41		95		993		29		2,606
Doubtful	56		—		—		—		—		—		—		56
Total	$	139,687	$	166,108	$	68,718	$	45,016	$	26,678	$	71,924	$	15,671	$	533,802

Leases
Risk rating
Pass	$	6,705	$	5,729	$	2,628	$	2,151	$	705	$	845	$	—	$	18,763
Special Mention	198		111		184		67		21		—		—		581
Substandard	—		698		—		23		19		78		—		818
Doubtful	—		—		332		16		22		—		—		370
Total	$	6,903	$	6,538	$	3,144	$	2,257	$	767	$	923	$	—	$	20,532

Total Commercial Loans
Risk rating
Pass	$	955,507	$	906,488	$	442,074	$	259,230	$	181,243	$	451,971	$	521,590	$	3,718,103
Special Mention	2,889		8,793		33,684		10,250		4,595		18,326		13,117		91,654
Substandard	4,738		4,256		2,477		13,046		6,630		23,430		963		55,540
Doubtful	56		30		797		243		532		743		488		2,889
Total	$	963,190	$	919,567	$	479,032	$	282,769	$	193,000	$	494,470	$	536,158	$	3,868,186

(1) Included within each of commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that are not broken out by class.

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Park considers the performance of the loan portfolio and its impact on the allowance for credit losses. For residential and consumer loan classes, Park also evaluates credit quality based on the aging status of the loan, which was previously presented, and by performing status. The following tables present the amortized cost in residential and consumer loans based on performing status. Park defines a loan as nonperforming if it is on nonaccrual status, designated as an accruing TDR, or is greater than 90 days past due and accruing.

September 30, 2022	Term Loans Amortized Cost Basis by Origination Year
(In thousands)	2022		2021		2020		2019		2018		Prior		Revolving Loans Amortized Cost Basis		Total
Commercial, financial and agricultural: Overdrafts
Performing	$	1,957	$	—	$	—	$	—	$	—	$	—	$	—	$	1,957
Nonperforming	—		—		—		—		—		—		—		—
Total	$	1,957	$	—	$	—	$	—	$	—	$	—	$	—	$	1,957

Construction Real Estate: Retail
Performing	$	49,821	$	43,035	$	9,093	$	4,751	$	1,746	$	2,591	$	76	$	111,113
Nonperforming	—		—		—		—		—		14		—		14
Total	$	49,821	$	43,035	$	9,093	$	4,751	$	1,746	$	2,605	$	76	$	111,127

Residential Real Estate: Mortgage
Performing	$	168,168	$	217,090	$	197,891	$	93,470	$	57,037	$	306,478	$	—	$	1,040,134
Nonperforming	—		—		357		564		578		15,571		—		17,070
Total	$	168,168	$	217,090	$	198,248	$	94,034	$	57,615	$	322,049	$	—	$	1,057,204

Residential Real Estate: HELOC
Performing	$	—	$	312	$	24	$	112	$	117	$	2,118	$	162,937	$	165,620
Nonperforming	—		—		45		—		—		1,156		168		1,369
Total	$	—	$	312	$	69	$	112	$	117	$	3,274	$	163,105	$	166,989

Residential Real Estate: Installment
Performing	$	78	$	—	$	2	$	271	$	68	$	2,752	$	—	$	3,171
Nonperforming	—		—		8		3		19		1,050		—		1,080
Total	$	78	$	—	$	10	$	274	$	87	$	3,802	$	—	$	4,251

Consumer: Consumer
Performing	$	731,330	$	501,209	$	366,792	$	171,775	$	71,891	$	77,727	$	16,324	$	1,937,048
Nonperforming	109		318		349		336		200		553		—		1,865
Total	$	731,439	$	501,527	$	367,141	$	172,111	$	72,091	$	78,280	$	16,324	$	1,938,913

Consumer: GFSC
Performing	$	—	$	—	$	81	$	213	$	70	$	7	$	61	$	432
Nonperforming	—		—		—		17		—		3		—		20
Total	$	—	$	—	$	81	$	230	$	70	$	10	$	61	$	452

Consumer: Check loans
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	2,144	$	2,144
Nonperforming	—		—		—		—		—		—		—		—
Total	$	—	$	—	$	—	$	—	$	—	$	—	$	2,144	$	2,144

Total Consumer Loans
Performing	$	951,354	$	761,646	$	573,883	$	270,592	$	130,929	$	391,673	$	181,542	$	3,261,619
Nonperforming	109		318		759		920		797		18,347		168		21,418
Total	$	951,463	$	761,964	$	574,642	$	271,512	$	131,726	$	410,020	$	181,710	$	3,283,037

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December 31, 2021	Term Loans Amortized Cost Basis by Origination Year
(In thousands)	2021		2020		2019		2018		2017		Prior		Revolving Loans Amortized Cost Basis		Total
Commercial, financial and agricultural: Overdrafts
Performing	$	1,127	$	—	$	—	$	—	$	—	$	—	$	—	$	1,127
Nonperforming	—		—		—		—		—		—		—		—
Total	1,127		$	—	$	—	$	—	$	—	$	—	$	—	$	1,127

Construction Real Estate: Retail
Performing	$	68,374	$	26,247	$	5,710	$	2,743	$	1,505	$	1,842	$	79	$	106,500
Nonperforming	—		647		57		—		—		21		—		725
Total	$	68,374	$	26,894	$	5,767	$	2,743	$	1,505	$	1,863	$	79	$	107,225

Residential Real Estate: Mortgage
Performing	$	230,299	$	217,022	$	114,077	$	68,774	$	59,939	$	323,678	$	—	$	1,013,789
Nonperforming	—		626		785		824		574		17,060		—		19,869
Total	$	230,299	$	217,648	$	114,862	$	69,598	$	60,513	$	340,738	$	—	$	1,033,658

Residential Real Estate: HELOC
Performing	$	400	$	—	$	121	$	58	$	41	$	2,640	$	159,952	$	163,212
Nonperforming	89		40		—		37		90		1,811		326		2,393
Total	$	489	$	40	$	121	$	95	$	131	$	4,451	$	160,278	$	165,605

Residential Real Estate: Installment
Performing	$	—	$	3	$	418	$	111	$	1,049	$	2,471	$	—	$	4,052
Nonperforming	—		12		5		26		78		1,469		—		1,590
Total	$	—	$	15	$	423	$	137	$	1,127	$	3,940	$	—	$	5,642

Consumer: Consumer
Performing	$	649,638	$	505,555	$	259,230	$	119,222	$	64,699	$	62,136	$	22,664	$	1,683,144
Nonperforming	241		506		755		399		155		593		—		2,649
Total	$	649,879	$	506,061	$	259,985	$	119,621	$	64,854	$	62,729	$	22,664	$	1,685,793

Consumer: GFSC
Performing	$	—	$	243	$	986	$	292	$	63	$	5	$	108	$	1,697
Nonperforming	—		9		73		5		9		—		—		96
Total	$	—	$	252	$	1,059	$	297	$	72	$	5	$	108	$	1,793

Consumer: Check loans
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	2,093	$	2,093
Nonperforming	—		—		—		—		—		—		—		—
Total	$	—	$	—	$	—	$	—	$	—	$	—	$	2,093	$	2,093

Total Consumer Loans
Performing	$	949,838	$	749,070	$	380,542	$	191,200	$	127,296	$	392,772	$	184,896	$	2,975,614
Nonperforming	330		1,840		1,675		1,291		906		20,954		326		27,322
Total	$	950,168	$	750,910	$	382,217	$	192,491	$	128,202	$	413,726	$	185,222	$	3,002,936

Loans and Leases Acquired with Deteriorated Credit Quality

In conjunction with the NewDominion acquisition, Park acquired loans with a book value of $277.9 million as of the July 1, 2018 acquisition date. These loans were recorded at the initial fair value of $272.8 million. Loans acquired with deteriorated credit quality (ASC 310-30) with a book value of $5.1 million were recorded at the initial fair value of $4.9 million. In conjunction with the Carolina Alliance acquisition, Park acquired loans and leases with a book value of $589.7 million as of the April 1, 2019 acquisition date. These loans and leases were recorded at the initial fair value of $578.6 million. Loans and leases

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acquired with deteriorated credit quality (ASC 310-30) with a book value of $19.9 million were recorded at the initial fair value of $18.4 million.

Upon adoption of CECL on January 1, 2021, $52,000 of the credit discount on PCD loans was reclassified to the allowance for credit losses. PCD loans are individually evaluated on a quarterly basis to determine if a specific reserve is necessary. At September 30, 2022 and December 31, 2021, there was no allowance for credit losses on PCD loans. The carrying amount of loans acquired with deteriorated credit quality at September 30, 2022 and December 31, 2021 was $4.9 million and $7.1 million, respectively.

Troubled Debt Restructurings

Management typically classifies loans as TDRs when a borrower is experiencing financial difficulties and Park has granted a concession to the borrower as part of a modification or in the loan renewal process. In order to determine whether a borrower is experiencing financial difficulty, an evaluation is performed of the probability that the borrower will be in payment default on any of the borrower's debt in the foreseeable future without the modification. This evaluation is performed in accordance with the Company’s internal underwriting policy. Management’s policy is to modify loans by extending the term or by granting a temporary or permanent contractual interest rate below the market rate, not by forgiving debt. A court's discharge of a borrower's debt in a Chapter 7 bankruptcy is considered a concession when the borrower does not reaffirm the discharged debt.

In response to the COVID-19 pandemic, Park has worked with borrowers and provided modifications in the form of either interest only deferral or principal and interest deferral, in each case, for initial periods of up to 90 days. As necessary, Park made available a second 90-day interest only deferral or principal and interest deferral bringing the total potential deferral period to six months. Modifications were structured in a manner to best address each individual customer's then current situation. A majority of these modifications were excluded from the TDR classification under Section 4013 of the CARES Act or under applicable interagency guidance of the federal banking regulators. The modified loans were considered current and continued to accrue interest during the deferral period. Section 4013 of the CARES Act expired on December 31, 2021; therefore, modifications occurring after that date are subject to previous TDR classification guidance.

Certain other loans which were modified during the three-month and the nine-month periods ended September 30, 2022 and 2021 did not meet the definition of a TDR as the modification was a delay in a payment that was considered to be insignificant. Management considers a forbearance period of up to three months or a delay in payment of up to 30 days to be insignificant. TDRs may be classified as accruing if the borrower has been current for a period of at least six months with respect to loan payments and management expects that the borrower will be able to continue to make payments in accordance with the terms of the restructured note. Management reviews all accruing TDRs quarterly to ensure payments continue to be made in accordance with the modified terms.

At September 30, 2022 and December 31, 2021, there were $14.0 million and $20.9 million, respectively, of TDRs included in the nonaccrual loan totals. At September 30, 2022 and December 31, 2021, $4.3 million and $10.5 million, respectively, of these nonaccrual TDRs were performing in accordance with the terms of the restructured notes. At September 30, 2022 and December 31, 2021, loans totaling $19.8 million and $28.3 million, respectively, were included in accruing TDR loan totals. Management will continue to review the restructured loans and may determine it is appropriate to move certain nonaccrual TDRs to accrual status in the future.

At September 30, 2022 and December 31, 2021, Park had commitments to lend $2.1 million and $3.0 million, respectively, of additional funds to borrowers whose outstanding loan terms had been modified in a TDR.

At September 30, 2022 and December 31, 2021, there were $0.2 million and $0.3 million, respectively, of specific reserves related to TDRs. Modifications made in 2022 and 2021 were largely the result of renewals and extending the maturity date of the loans at terms consistent with the original notes. These modifications were deemed to be TDRs primarily due to Park’s conclusion that the respective borrowers would likely not have qualified for similar terms through another lender. Many of the modifications deemed to be TDRs were previously identified as loans individually evaluated for impairment. There were $87,000 of additional specific reserves recorded during both the three-month and the nine-month periods ended September 30, 2022 as a result of TDRs identified in the respective periods. There were $156,000 and $174,000 of additional specific reserves recorded during the three-month and the nine-month periods ended September 30, 2021, respectively, as a result of TDRs identified in the respective periods.

Quarterly, management reviews renewals/modifications of loans previously identified as TDRs to consider if it is appropriate to remove the TDR classification. If the borrower is no longer experiencing financial difficulty and the renewal/modification did not contain a concessionary interest rate or other concessionary terms and the terms of the renewal/modification are considered

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to be market terms based on the current risk characteristics of the borrower, management considers the potential removal of the TDR classification. If deemed appropriate, the TDR classification is removed if the borrower has complied with the terms of the loan at the date of the renewal/modification and there was a reasonable expectation that the borrower will continue to comply with the terms of the loan subsequent to the date of the renewal/modification. The majority of these TDRs were originally considered restructurings in a prior year as a result of a renewal/modification with an interest rate that was not commensurate with the risk of the underlying loan at the time of the renewal/modification. There were no TDR reclassifications removed during the three-month period ended September 30, 2022. There were $1.0 million of TDR classifications removed during the nine-month period ended September 30, 2022. The TDR classification was removed on $58,000 and $4.0 million of loans during the three-month and the nine-month periods ended September 30, 2021, respectively.

The terms of certain other loans were modified during the three-month and the nine-month periods ended September 30, 2022 and 2021 that did not meet the definition of a TDR. There were no substandard commercial loans modified during either of the three-month or the nine-month periods ended September 30, 2022, which did not meet the definition of a TDR. Excluding COVID-19 related modifications, there were no substandard commercial loans modified during either of the three-month or the nine-month periods ended September 30, 2021, which did not meet the definition of a TDR. Consumer loans modified during the three-month and the nine-month periods ended September 30, 2022, which did not meet the definition of a TDR, had a total amortized cost of $13.5 million and $29.5 million, respectively. Excluding COVID-19 related modifications, consumer loans modified during the three-month and the nine-month periods ended September 30, 2021, which did not meet the definition of a TDR, had a total amortized cost of $2.0 million and $4.8 million, respectively. Many of these loans were to borrowers who were not experiencing financial difficulties but who were looking to reduce their cost of funds.

The following tables detail the number of contracts modified as TDRs during the three-month periods ended September 30, 2022 and 2021, as well as the amortized cost of these contracts at September 30, 2022 and 2021. The amortized cost pre-and post-modification is generally the same due to the fact that Park does not typically forgive principal.

	Three Months Ended September 30, 2022
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Amortized Cost
Commercial, financial and agricultural
Commercial, financial and agricultural	4	$	227	$	511	$	738
PPP loans	—	—		—		—
Overdrafts	—	—		—		—
Commercial real estate	1	31		—		31
Construction real estate:
Commercial	—	—		—		—
Retail	—	—		—		—
Residential real estate:
Commercial	1	146		—		146
Mortgage	3	545		120		665
HELOC	1	—		10		10
Installment	2	—		29		29
Consumer:
Consumer	21	3		169		172
GFSC	—	—		—		—
Check loans	—	—		—		—
Leases	10	—		115		115
Total loans	43	$	952	$	954	$	1,906

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	Three Months Ended September 30, 2021
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Amortized Cost
Commercial, financial and agricultural
Commercial, financial and agricultural	5	$	383	$	868	$	1,251
PPP loans	—	—		—		—
Overdrafts	—	—		—		—
Commercial real estate	5	—		5,053		5,053
Construction real estate:
Commercial	—	—		—		—
Retail	—	—		—		—
Residential real estate:
Commercial	2	96		125		221
Mortgage	3	—		102		102
HELOC	1	33		—		33
Installment	1	55		—		55
Consumer:
Consumer	28	15		250		265
GFSC	—	—		—		—
Check loans	—	—		—		—
Leases	—	—		—		—
Total loans	45	$	582	$	6,398	$	6,980

Of those loans which were modified and determined to be a TDR during the three-month period ended September 30, 2022, $0.2 million were on nonaccrual status at December 31, 2021. Of those loans which were modified and determined to be a TDR during the three-month period ended September 30, 2021, $4.5 million were on nonaccrual status at December 31, 2020.

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The following tables detail the number of contracts modified as TDRs during the nine-month periods ended September 30, 2022 and 2021, as well as the amortized cost of these contracts at September 30, 2022 and 2021. The amortized cost pre-and post-modification is generally the same due to the fact that Park does not typically forgive principal.

	Nine Months Ended September 30, 2022
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Amortized Cost
Commercial, financial and agricultural
Commercial, financial and agricultural	6	$	227	$	511	$	738
PPP loans	—	—		—		—
Overdrafts	—	—		—		—
Commercial real estate	6	1,090		150		1,240
Construction real estate:
Commercial	—	—		—		—
Retail	—	—		—		—
Residential real estate:
Commercial	2	146		104		250
Mortgage	11	870		222		1,092
HELOC	3	—		29		29
Installment	9	48		38		86
Consumer:
Consumer	62	13		315		328
GFSC	—	—		—		—
Check loans	—	—		—		—
Leases	10	—		115		115
Total loans	109	$	2,394	$	1,484	$	3,878

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	Nine Months Ended September 30, 2021
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Amortized Cost
Commercial, financial and agricultural
Commercial, financial and agricultural	9	$	383	$	899	$	1,282
PPP loans	—	—		—		—
Overdrafts	—	—		—		—
Commercial real estate	13	1,571		6,137		7,708
Construction real estate:
Commercial	1	98		—		98
Retail	—	—		—		—
Residential real estate:
Commercial	5	96		528		624
Mortgage	13	148		377		525
HELOC	5	80		106		186
Installment	7	93		27		120
Consumer:
Consumer	104	137		379		516
GFSC	—	—		—		—
Check loans	—	—		—		—
Leases	1	—		351		351
Total loans	158	$	2,606	$	8,804	$	11,410

Of those loans which were modified and determined to be a TDR during the nine-month period ended September 30, 2022, $0.7 million were on nonaccrual status at December 31, 2021. Of those loans which were modified and determined to be a TDR during the nine-month period ended September 30, 2021, $6.1 million were on nonaccrual status at December 31, 2020.

The following table presents the amortized cost in loans which were modified as TDRs within the previous 12 months and for which there was a payment default during the three-month periods ended September 30, 2022 and 2021, respectively. For this

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table, a loan is considered to be in default when it becomes 30 days contractually past due under the modified terms. The additional ACL resulting from the defaults on TDR loans was immaterial.

 

	Three Months Ended September 30, 2022			Three Months Ended September 30, 2021
(In thousands)	Number of Contracts	Amortized Cost		Number of Contracts	Amortized Cost
Commercial, financial and agricultural:
Commercial, financial and agricultural	1	$	3	—	$	—
PPP loans	—	—		—	—
Overdrafts	—	—		—	—
Commercial real estate	—	—		—	—
Construction real estate:
Commercial	—	—		—	—
Retail	—	—		—	—
Residential real estate:
Commercial	1	103		—	—
Mortgage	2	110		4	330
HELOC	2	9		1	95
Installment	—	—		1	4
Consumer
Consumer	12	103		15	122
GFSC	—	—		—	—
Check loans	—	—		—	—
Leases	—	—		—	—
Total loans	18	$	328	21	$	551

Of the $0.3 million in modified TDRs which defaulted during the three-month period ended September 30, 2022, $6,000 were accruing loans and $0.3 million were nonaccrual loans. Of the $0.6 million in modified TDRs which defaulted during the three-month period ended September 30, 2021, $29,000 were accruing loans and $0.5 million were nonaccrual loans.

The following table presents the amortized cost in loans which were modified as TDRs within the previous 12 months and for which there was a payment default during the nine-month periods ended September 30, 2022 and 2021, respectively. For this

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table, a loan is considered to be in default when it becomes 30 days contractually past due under the modified terms. The additional ACL resulting from the defaults on TDR loans was immaterial.

 

	Nine Months Ended September 30, 2022			Nine Months Ended September 30, 2021
(In thousands)	Number of Contracts	Amortized Cost		Number of Contracts	Amortized Cost
Commercial, financial and agricultural:
Commercial, financial and agricultural	2	$	57	—	$	—
PPP loans	—	—		—	—
Overdrafts	—	—		—	—
Commercial real estate	—	—		—	—
Construction real estate:
Commercial	—	—		—	—
Retail	—	—		—	—
Residential real estate:
Commercial	1	103		—	—
Mortgage	2	110		6	396
HELOC	4	64		1	95
Installment	—	—		2	32
Consumer
Consumer	18	144		16	128
GFSC	—	—		—	—
Check loans	—	—		—	—
Leases	—	—		1	351
Total loans	27	$	478	26	$	1,002

Of the $0.5 million in modified TDRs which defaulted during the nine-month period ended September 30, 2022, $10,000 were accruing loans and $0.5 million were nonaccrual loans. Of the $1.0 million in modified TDRs which defaulted during the nine-month period ended September 30, 2021, $29,000 were accruing loans and $1.0 million were nonaccrual loans.

Note 6 – Allowance for Credit Losses

The ACL is an estimate of the expected credit losses on financial assets measured at amortized cost, which is measured using relevant information about past events, including historical credit loss experience on financial assets with similar risk characteristics, current conditions, and reasonable and supportable forecasts that affect the collectability of the remaining cash flows over the contractual term of the financial assets. A provision for credit losses is charged to operations based on management’s periodic evaluation of these and other pertinent factors.

During the first quarter of 2021, Park adopted ASU 2016-13, including the CECL methodology for estimating the ACL. This standard was adopted prospectively on January 1, 2021, resulting in a $6.1 million increase to the ACL and a $3.9 million increase to the allowance for unfunded credit losses. A cumulative effect adjustment resulting in an $8.0 million decrease to retained earnings and a $2.1 million increase to deferred tax assets was also recorded as of the adoption of ASU 2016-13.

Quantitative Considerations

The ACL is primarily calculated utilizing a DCF model. Key inputs and assumptions used in this model are discussed below:

•Forecast model - For each portfolio segment, a LDA was performed in order to identify appropriate loss drivers and create a regression model for use in forecasting cash flows. The LDA analysis utilized Park's own FFIEC Call Report data for the commercial, financial and agricultural and residential real estate portfolio segments. Peer data was incorporated into the analysis for the commercial real estate, construction real estate, and consumer portfolio segments. Park plans to update the LDA annually; however, due to the impact of COVID-19, the LDA analysis was last updated in the fourth quarter of 2019.

•Probability of default – PD is the probability that an asset will be in default within a given time frame. Park has defined default to be when a charge-off has occurred, a loan is nonaccrual, or a loan is greater than 90 days past due.

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Whenever possible, Park utilizes its own loan-level PDs for the reasonable and supportable forecast period. When loan-level data is not available reflecting the forecasted economic conditions, a forecast model is utilized to estimate PDs.

•Loss given default – LGD is the percentage of the asset not expected to be collected due to default. Whenever possible, Park utilizes its own loan-level LGDs for the reasonable and supportable forecast period. When it is not possible to use Park's own LGDs, the LGD is derived using a method referred to as Frye Jacobs.

•Prepayments and curtailments – Prepayments and curtailments are calculated based on Park’s own data utilizing a three-year average. This analysis is updated annually in the fourth quarter and was last updated in the fourth quarter of 2021.

•Forecast and reversion – Park has established a one-year reasonable and supportable forecast period with a one-year straight line reversion to the long-term historical average.

•Economic forecast - Park utilizes a third party to provide economic forecasts under various scenarios, which are weighted in order to reflect model risk in the current economic environment. The scenario weighting is evaluated by management on a quarterly basis.

◦As of December 31, 2021, the "most likely" scenario forecasted Ohio unemployment between 3.32% and 3.97% during the next four quarters. In determining the appropriate weighting of scenarios at December 31, 2021, management considered the range of forecasted unemployment as well as a number of economic indicators. While some economic indications continued to be optimistic, the Omicron variant, rising inflation, volatility in consumer confidence, employment, supply chain and workforce challenges continued to cause uncertainty in the overall economic environment. Considering these factors, management determined it was appropriate to weigh the "most likely" scenario 50% and the "moderate recession" scenario 50% at December 31, 2021.

◦As of March 31, 2022, the "most likely" scenario forecasted Ohio unemployment between 3.36% and 3.75% during the next four quarters. In determining the appropriate weighting of scenarios at March 31, 2022, management considered the range of forecasted unemployment as well as a number of economic indicators. While some economic indications were optimistic, the surging inflation, volatility in consumer confidence, workforce challenges, and geopolitical conflict (including the conflict between Russia and Ukraine) continued to cause uncertainty in the overall economic environment. Considering these factors, management determined it was appropriate to maintain the previous quarter's weighting, and weigh the "most likely" scenario 50% and the "moderate recession" scenario 50% at March 31, 2022. Improved forecasts, largely in the "moderate recession" scenario, resulted in a 4 basis point decline in the weighted quantitative allowance.

◦As of June 30, 2022, the "most likely" scenario forecasted Ohio unemployment between 3.36% and 3.57% during the next four quarters. In determining the appropriate weighting of scenarios at June 30, 2022, management considered the range of forecasted unemployment as well as a number of economic indicators. While some economic indications were optimistic, the surging inflation, declining consumer confidence, rising interest rates, geopolitical conflict (including the conflict between Russia and Ukraine), and workforce and supply chain challenges continued to cause uncertainty to the overall economic environment. Considering these factors, management determined it was appropriate to maintain the previous quarter's weighting, and weigh the "most likely" scenario 50% and the "moderate recession" scenario 50% at June 30, 2022. Deteriorating forecasts, largely in the "moderate recession" scenario, resulted in a 4 basis point increase in the weighted quantitative allowance.

◦As of September 30, 2022, the "most likely" scenario forecasted Ohio unemployment between 3.86% and 4.05% during the next four quarters. In determining the appropriate weighting of scenarios at September 30, 2022, management considered the range of forecasted unemployment as well as a number of economic indicators. The continued high inflation, low consumer confidence, rising interest rates, geopolitical conflict (including the conflict between Russia and Ukraine), and workforce and supply chain challenges continued to cause uncertainty to the overall economic environment. Considering these factors, management determined it was appropriate to maintain the previous quarter's weighting, and weigh the "most likely" scenario 50% and the "moderate recession" scenario 50% at September 30, 2022. Deteriorating forecasts, largely in the "moderate recession" scenario, resulted in a 4 basis point increase in the weighted quantitative allowance.

Qualitative Considerations

Park reviews various internal and external factors to consider the need for any qualitative adjustments to the quantitative model. Factors considered include the following:

•The nature and volume of Park’s financial assets; the existence, growth, and effect of any concentrations of credit and the volume and severity of past due financial assets, the volume of nonaccrual assets, and the volume and severity of adversely classified or graded assets. Specifically, management considers:

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◦Trends (e.g., growth, reduction) in specific categories of the loan portfolio, as well as adjustments to the types of loans offered by Park.

◦Level of and trend in loan delinquencies, troubled loans, commercial watch list loans and nonperforming loans.

◦Level of and trend in new nonaccrual loans.

◦Level of and trend in loan charge-offs and recoveries.

•Park's lending policies and procedures, including changes in lending strategies, underwriting standards and practices for collections, write-offs and recoveries.

•The quality of Park’s credit review function.

•The experience, ability, and depth of Park’s lending, investment, collection, and other relevant management and staff.

•The effect of other external factors such as the regulatory, legal and technological environments; competition; geopolitical conflict; and events such as natural disasters or pandemics.

•Actual and expected changes in international, national, regional and local economic and business conditions and developments in the markets in which Park operates that affect the collectibility of financial assets.

•Where the U.S. economy is within a given credit cycle.

•The extent that there is government assistance (stimulus).

During 2020, Park added an additional reserve for three industries at particularly high risk due to the COVID-19 pandemic: hotels and accommodations; restaurants and food service; and strip shopping centers. These industries have experienced high levels of deferrals and have been particularly impacted by shut downs of non-essential businesses, increased health department regulations, and changes in consumer behavior. Management expects that a relatively higher percentage of the 4-rated credits in these portfolios will eventually migrate to special mention, substandard, or doubtful. In adopting CECL, management determined it was appropriate to retain this qualitative adjustment as this adjustment takes into account the additional risk in these portfolios, which is not captured in the quantitative calculation. Even though COVID-19 case numbers have declined since December 31, 2021, these industries are still recovering from the pandemic effects. As of September 30, 2022, additional reserves totaling $1.4 million were added for these portfolios on top of the quantitative reserve already calculated. This was a decrease from $5.2 million as of December 31, 2021 and reflected improvement in COVID-19 cases, eased COVID-19 health department precautions and improving affected industry performance. Management believes there is still residual risk in these portfolios related to pandemic effects and uncertainty in future COVID-19 strains and related impacts.

A breakout of the 4-rated balances within these portfolios and the additional reserve related to these portfolios is detailed in the following table:

	September 30, 2022				December 31, 2021
(in thousands)	4-Rated Balance		Additional Reserve		4-Rated Balance		Additional Reserve
Hotels and accommodations	$	182,806	$	687	$	148,018	$	2,226
Restaurants and food service	49,500		279		40,648		917
Strip shopping centers	168,144		464		184,171		2,033
Total	$	400,450	$	1,430	$	372,837	$	5,176

Additionally, at September 30, 2022, management applied a 0.50% reserve to all hotels and accommodations loans in the collectively evaluated population to account for increased valuation risk. This 0.50% reserve was reduced from 0.75% at June 30, 2022 and 1.00% at December 31, 2021. At September 30, 2022, Park's collectively evaluated hotels and accommodation loans had a balance of $218.0 million with an additional reserve related to valuation risks of $1.1 million. At December 31, 2021, Park's collectively evaluated hotels and accommodation loans had a balance of $203.9 million with an additional reserve related to valuation risks of $2.0 million.

As of September 30, 2022, Park had $5.7 million of PPP loans which were included in the commercial, financial and agricultural portfolio segment. These loans are guaranteed by the SBA and thus have not been reserved for using the same methodology as the rest of Park’s loan portfolio. A 10 basis point reserve was calculated for these loans to reflect minimal credit risk.

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ACL Activity

The activity in the ACL for the three-month and the nine-month periods ended September 30, 2022 and September 30, 2021 is summarized in the following tables:

	Three Months Ended September 30, 2022
(In thousands)	Commercial, financial and agricultural		Commercial real estate		Construction real estate		Residential real estate		Consumer		Leases		Total
ACL:
Beginning balance	$	12,747	$	22,339	$	4,391	$	13,619	$	28,149	$	203	$	81,448
Charge-offs	543		—		—		—		1,169		36		1,748
Recoveries	110		36		20		20		884		1		1,071
Net charge-offs/(recoveries)	$	433	$	(36)	$	(20)	$	(20)	$	285	$	35	$	677
Provision for (recovery of) credit losses	563		(1,653)		87		1,464		2,699		30		3,190
Ending balance	$	12,877	$	20,722	$	4,498	$	15,103	$	30,563	$	198	$	83,961

 

	Three Months Ended September 30, 2021
(In thousands)	Commercial, financial and agricultural		Commercial real estate		Construction real estate		Residential real estate		Consumer		Leases		Total
ACL:
Beginning balance	$	15,222	$	22,749	$	5,670	$	13,113	$	26,261	$	562	$	83,577
Charge-offs	221		—		—		—		781		—		1,002
Recoveries	132		428		1,597		729		696		—		3,582
Net charge-offs/(recoveries)	$	89	$	(428)	$	(1,597)	$	(729)	$	85	$	—	$	(2,580)
Provision for (recovery of) credit losses	843		2,991		(1,003)		(2,080)		1,483		(262)		1,972
Ending balance	$	15,976	$	26,168	$	6,264	$	11,762	$	27,659	$	300	$	88,129

	Nine Months Ended September 30, 2022
(In thousands)	Commercial, financial and agricultural		Commercial real estate		Construction real estate		Residential real estate		Consumer		Leases		Total
ACL:
Beginning balance	$	14,025	$	25,466	$	5,758	$	11,424	$	26,286	$	238	$	83,197
Charge-offs	1,456		598		33		81		3,287		42		5,497
Recoveries	544		624		550		106		2,859		2		4,685
Net charge-offs/(recoveries)	$	912	$	(26)	$	(517)	$	(25)	$	428	$	40	$	812
(Recovery of) provision for credit losses	(236)		(4,770)		(1,777)		3,654		4,705		—		1,576
Ending balance	$	12,877	$	20,722	$	4,498	$	15,103	$	30,563	$	198	$	83,961

	Nine Months Ended September 30, 2021
(In thousands)	Commercial, financial and agricultural		Commercial real estate		Construction real estate		Residential real estate		Consumer		Leases		Total
ACL:
Beginning balance, prior to adoption of ASC 326	$	25,608	$	23,480	$	7,288	$	11,363	$	17,418	$	518	$	85,675
Impact of adopting ASC 326	(8,257)		2,119		(1,898)		3,121		10,925		80		6,090
Charge-offs	675		—		—		37		3,061		—		3,773
Recoveries	487		724		2,078		859		2,912		—		7,060
Net charge-offs/(recoveries)	$	188	$	(724)	$	(2,078)	$	(822)	$	149	$	—	$	(3,287)
Recovery of credit losses	(1,187)		(155)		(1,204)		(3,544)		(535)		(298)		(6,923)
Ending balance	$	15,976	$	26,168	$	6,264	$	11,762	$	27,659	$	300	$	88,129

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ACL Summary

Loans collectively evaluated for impairment in the following tables include all performing loans at September 30, 2022 and December 31, 2021, as well as nonperforming loans internally classified as consumer loans. Nonperforming consumer loans are not typically individually evaluated for impairment, but receive a portion of the statistical allocation of the ACL. Loans individually evaluated for impairment include all internally classified commercial nonaccrual loans and TDRs at September 30, 2022 and December 31, 2021, which are individually evaluated for impairment in accordance with U.S. GAAP (see Note 1 - Summary of Significant Accounting Policies of the Notes to Consolidated Financial Statements included in Park’s 2021 Form 10-K).

The composition of the ACL at September 30, 2022 and December 31, 2021 was as follows:

 

	September 30, 2022
(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	$	579		$	1,153		$	—		$	—		$	—		$	18		$	1,750
Collectively evaluated for impairment	12,298			19,569			4,498			15,103			30,563			180			82,211
Acquired with deteriorated credit quality	—			—			—			—			—			—			—
Total ending allowance balance	$	12,877		$	20,722		$	4,498		$	15,103		$	30,563		$	198		$	83,961
Loan balance:
Loans individually evaluated for impairment	$	12,138		$	27,904		$	439		$	2,154		$	—		$	1,035		$	43,670
Loans collectively evaluated for impairment	1,265,734			1,759,335			310,600			1,758,695			1,941,509			18,836			7,054,709
Loans acquired with deteriorated credit quality	121			3,562			668			516			—			—			4,867
Total ending loan balance	$	1,277,993		$	1,790,801		$	311,707		$	1,761,365		$	1,941,509		$	19,871		$	7,103,246
ACL as a percentage of loan balance:
Loans individually evaluated for impairment	4.77		%	4.13		%	—		%	—		%	—		%	1.74		%	4.01		%
Loans collectively evaluated for impairment	0.97		%	1.11		%	1.45		%	0.86		%	1.57		%	0.96		%	1.17		%
Loans acquired with deteriorated credit quality	—		%	—		%	—		%	—		%	—		%	—		%	—		%
Total	1.01		%	1.16		%	1.44		%	0.86		%	1.57		%	1.00		%	1.18		%

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	December 31, 2021
(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	$	1,385		$	188		$	—		$	—		$	—		$	43		$	1,616
Collectively evaluated for impairment	12,640			25,278			5,758			11,424			26,286			195			81,581
Acquired with deteriorated credit quality	—			—			—			—			—			—			—
Total ending allowance balance	$	14,025		$	25,466		$	5,758		$	11,424		$	26,286		$	238		$	83,197
Loan balance:
Loans individually evaluated for impairment	$	22,666		$	47,820		$	222		$	2,606		$	—		$	1,188		$	74,502
Loans collectively evaluated for impairment	1,275,783			1,748,854			320,608			1,735,226			1,689,679			19,321			6,789,471
Loans acquired with deteriorated credit quality	177			5,118			956			875			—			23			7,149
Total ending loan balance	$	1,298,626		$	1,801,792		$	321,786		$	1,738,707		$	1,689,679		$	20,532		$	6,871,122
ACL as a percentage of loan balance:
Loans individually evaluated for impairment	6.11		%	0.39		%	—		%	—		%	—		%	3.62		%	2.17		%
Loans collectively evaluated for impairment	0.99		%	1.45		%	1.80		%	0.66		%	1.56		%	1.01		%	1.20		%
Loans acquired with deteriorated credit quality	—		%	—		%	—		%	—		%	—		%	—		%	—		%
Total	1.08		%	1.41		%	1.79		%	0.66		%	1.56		%	1.16		%	1.21		%

Note 7 – Loans Held For Sale

Mortgage loans held for sale are carried at their fair value. At September 30, 2022 and December 31, 2021, respectively, Park had $1.9 million and $9.4 million in mortgage loans held for sale. These amounts are included in loans on the Consolidated Condensed Balance Sheets and in the residential real estate loan portfolio segment in Note 5 - Loans, and Note 6 - Allowance for Credit Losses. The contractual balance was $1.9 million and $9.2 million at September 30, 2022 and December 31, 2021, respectively. The gain expected upon sale was $26,000 and $166,000 at September 30, 2022 and December 31, 2021, respectively. None of these loans were 90 days or more past due or on nonaccrual status at September 30, 2022 or December 31, 2021.

During the three months ended June 30, 2022, Park transferred certain commercial loans held for investment, previously nonperforming, with an amortized cost of $6.3 million, to the loans held for sale portfolio. The transferred loans were recorded at the lower of cost or fair value, recording a charge-off in each instance where the fair value of an individual loan was deemed to be below the carrying cost at the time the loans were moved to the held for sale portfolio. The sale of $3.9 million in loans held for sale was subsequently completed during the three months ended September 30, 2022, and Park recognized a gain on sale of $495,000 which is recorded within "Miscellaneous income" on the Consolidated Condensed Statements of Income. The remaining $2.4 million in loans held for sale were transferred back to loans held for investment at the lower of cost or fair value. No non-performing loans were held for sale or sold during the three months or the nine months ended September 30, 2021.

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Note 8 – Goodwill and Other Intangible Assets

The following tables show the activity in goodwill and other intangible assets for the three-month and the nine-month periods ended September 30, 2022 and 2021.

(in thousands)	Goodwill		Other intangible assets		Total
July 1, 2021	$	159,595	$	8,302	$	167,897
Amortization	—		420		420
September 30, 2021	$	159,595	$	7,882	$	167,477
July 1, 2022	$	159,595	$	6,657	$	166,252
Amortization	—		341		341
September 30, 2022	$	159,595	$	6,316	$	165,911

(in thousands)	Goodwill		Other intangible assets		Total
December 31, 2020	$	159,595	$	9,260	$	168,855
Amortization	—		1,378		1,378
September 30, 2021	$	159,595	$	7,882	$	167,477
December 31, 2021	$	159,595	$	7,462	$	167,057
Amortization	—		1,146		1,146
September 30, 2022	$	159,595	$	6,316	$	165,911

Park evaluates goodwill for impairment during the second quarter of each year, with financial data as of March 31. Based on the qualitative analysis performed as of April 1, 2022, the Company determined that goodwill for Park's reporting unit, PNB, was not impaired.

Acquired Intangible Assets

The following table shows the balance of acquired intangible assets as of September 30, 2022 and December 31, 2021.

	September 30, 2022				December 31, 2021
(in thousands)	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Other intangible assets:
Core deposit intangible assets	$	14,456	$	8,140	$	14,456	$	6,994
Trade name intangible assets	1,300		1,300		1,300		1,300
Total	$	15,756	$	9,440	$	15,756	$	8,294

Core deposit intangible assets are being amortized, on an accelerated basis, over a period of ten years. Aggregate amortization expense was $341,000 and $420,000 for the three months ended September 30, 2022 and 2021, respectively, and was $1.1 million and $1.4 million for the nine months ended September 30, 2022 and 2021, respectively.

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Estimated amortization expense related to core deposit intangible assets for each of the next five years follows:

(in thousands)	Total
Three months ending December 31, 2022	$	341
2023	1,323
2024	1,215
2025	1,042
2026	887

Note 9 – Investment in Qualified Affordable Housing

Park makes certain equity investments in various limited partnerships that sponsor affordable housing projects. The purposes of these investments are to achieve a satisfactory return on capital, help create affordable housing opportunities, and assist the Company to achieve its goals associated with the Community Reinvestment Act.

The table below details the balances of Park’s affordable housing tax credit investments and related unfunded commitments at September 30, 2022 and December 31, 2021.

(in thousands)	September 30, 2022		December 31, 2021
Affordable housing tax credit investments	$	62,771	$	58,711
Unfunded commitments	28,480		28,484

Commitments are funded when capital calls are made by the general partner. Park expects that the current commitments will be funded between the remainder of 2022 and 2032.

Park recognized amortization expense of $2.0 million and $1.9 million, respectively, for the three months ended September 30, 2022 and 2021, and $5.9 million and $5.6 million, respectively, for the nine months ended September 30, 2022 and 2021, which were included within the provision for income taxes. Additionally, during the three months ended September 30, 2022 and 2021, Park recognized tax credits and other benefits from its affordable housing tax credit investments of $2.5 million and $1.9 million, respectively, and during the nine months ended September 30, 2022 and 2021, recognized $7.4 million and $7.2 million, respectively, which were included within the provision for income taxes.

Note 10 – Foreclosed and Repossessed Assets

Park typically transfers a loan to OREO at the time that Park takes deed/title to the real estate property asset. The carrying amounts of foreclosed real estate properties held at September 30, 2022 and December 31, 2021 are listed below, as well as the recorded investment of loans secured by residential real estate properties for which formal foreclosure proceedings were in process at those dates.

(in thousands)	September 30, 2022		December 31, 2021
OREO:
Commercial real estate	$	1,354	$	—
Residential real estate	—		775
Total OREO	$	1,354	$	775
Loans in process of foreclosure:
Residential real estate	$	1,567	$	1,148

Assets acquired through or in lieu of loan foreclosure are initially recorded at fair value less costs to sell when acquired. During the three months and the nine months ended September 30, 2022, Park recognized a $12.0 million OREO valuation markup related to the foreclosure and subsequent sale of a property collateralizing a former Vision Bank relationship. This income is included in "OREO valuation markup" on the Consolidated Condensed Statements of Income. There was no OREO valuation

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markup related to former Vision Bank relationships during the three-month or the nine-month periods ended September 30, 2021.

During the three months and the nine months ended September 30, 2022, Park recognized a $5.6 million gain on the sale of OREO related to former Vision Bank relationships. This income is included in "Gain (loss) on sale of OREO, net" on the Consolidated Condensed Statements of Income. There was no gain or loss on sale of OREO related to former Vision Bank relationships during the three-month or the nine-month periods ended September 30, 2021.

In addition to real estate, Park may also repossess different types of collateral. At September 30, 2022 and December 31, 2021, Park had $352,000 and $3.3 million, respectively, in other repossessed assets which are included in "Other assets" on the Consolidated Condensed Balance Sheets. At December 31, 2021, the other repossessed assets largely consisted of an aircraft acquired as part of a loan workout.

Note 11 – Loan Servicing

Park serviced sold mortgage loans of $2.09 billion at September 30, 2022, $2.13 billion at December 31, 2021 and $2.12 billion at September 30, 2021. At September 30, 2022, $3.3 million of the sold mortgage loans were sold with recourse, compared to $3.3 million at December 31, 2021 and $3.5 million at September 30, 2021. Management closely monitors the delinquency rates on the mortgage loans sold with recourse. At September 30, 2022 and December 31, 2021, management had established reserves of $61,000 and $57,000, respectively, to account for expected losses on loan repurchases.

When Park sells mortgage loans with servicing rights retained, these servicing rights are initially recorded at fair value. Park has selected the “amortization method” as permissible within U.S. GAAP, whereby the servicing rights capitalized are amortized in proportion to and over the period of estimated future servicing income with respect to the underlying loan. At the end of each reporting period, the carrying value of MSRs is assessed for impairment with a comparison to fair value. MSRs are carried at the lower of their amortized cost or fair value. The amortization of MSRs is included within "Other service income" in the Consolidated Condensed Statements of Income.

Activity for MSRs and the related valuation allowance follows:

 

	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands)	2022		2021		2022		2021
Mortgage servicing rights:
Carrying amount, net, beginning of period	$	16,470	$	14,316	$	15,264	$	12,210
Additions	254		1,114		1,336		4,061
Amortization	(592)		(835)		(1,804)		(2,753)
Change in valuation allowance	59		(39)		1,395		1,038
Carrying amount, net, end of period	$	16,191	$	14,556	$	16,191	$	14,556
Valuation allowance:
Beginning of period	$	232	$	2,112	$	1,568	$	3,189
Change in valuation allowance	(59)		39		(1,395)		(1,038)
End of period	$	173	$	2,151	$	173	$	2,151

Servicing fees included in "Other service income" were $1.4 million for each of the three months ended September 30, 2022 and 2021, respectively, and were $4.1 million and $4.0 million for the nine months ended September 30, 2022 and 2021, respectively.

Note 12 - Leases

Park is a lessee in several noncancellable operating lease arrangements, primarily for retail branches, administrative and warehouse buildings, ATMs, and certain office equipment within its Ohio, North Carolina, South Carolina, and Kentucky markets. Certain of these leases contain renewal options for periods ranging from one to five years. Park’s leases generally do not include termination options for either party to the lease or restrictive financial or other covenants. Payments due under the

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lease contracts include fixed payments plus, for many of Park’s real estate leases, variable payments such as Park's proportionate share of property taxes, insurance and common area maintenance.

Park elected the practical expedient, by class of underlying asset, to not separate non-lease components from the associated lease components. Additionally, Park has elected not to recognize ROU assets and lease liabilities for short-term leases that have a lease term of 12 months or less. Park recognizes the lease payments associated with its short-term leases as an expense on a cash basis.

Management determines if an arrangement is or contains a lease at contract inception. If an arrangement is determined to be or contain a lease, Park recognizes a ROU asset and a lease liability at the lease commencement date. Leases are classified as operating or finance leases at the lease commencement date. At September 30, 2022 and December 31, 2021, all of Park's leases were classified as operating leases.

Park’s lease liability is initially and subsequently measured as the present value of the unpaid lease payments at the lease commencement date. Key estimates and judgments related to the lease liability include how management determines (1) the discount rate it uses to discount the unpaid lease payments to present value, (2) the lease term, and (3) lease payments.

•ASC 842 requires a lessee to discount its unpaid lease payments using the interest rate implicit in the lease or, if that rate cannot be readily determined, its incremental borrowing rate. Generally, Park's management cannot determine the interest rate implicit in a lease because it does not have access to the lessor’s estimated residual value or the amount of the lessor’s deferred initial direct costs. Therefore, Park utilizes its incremental borrowing rate as the discount rate for leases. Park’s incremental borrowing rate for a lease is the rate of interest Park would have to pay on a collateralized basis to borrow an amount equal to the lease payments under similar terms. To manage its capital and liquidity needs, Park periodically obtains wholesale funding from the FHLB on an over-collateralized basis. The impact of utilizing an interest rate on an over-collateralized borrowing versus a fully collateralized borrowing is not material. Therefore, the FHLB yield curve was selected by Park's management as a baseline to determine Park’s discount rates for leases.

•The lease term for all of Park's leases includes the noncancellable period of the lease plus any additional periods covered by either Park's option to extend (or not to terminate) the lease that Park is reasonably certain to exercise, or an option to extend (or not to terminate) the lease controlled by the lessor. If a lease contract contains multiple renewal options, Park's management generally models lease cash flows through the first renewal option period unless the contract contains economic incentives or other conditions that increase or decrease the likelihood that additional renewals are reasonably certain to be exercised.

•Lease payments included in the measurement of the lease liability are comprised of the following:

–Fixed payments, including in-substance fixed payments, owed over the lease term;

–For certain of Park's gross real estate leases, non-lease components such as real estate taxes, insurance, and common area maintenance; and

–Variable lease payments that depend on an index or rate, initially measured using the index or rate at the lease commencement date.

The ROU asset is initially measured at cost, which comprises the initial amount of the lease liability adjusted for lease payments made at or before the lease commencement date, plus any initial direct costs incurred less any lease incentives received. For operating leases, the ROU asset is subsequently measured throughout the lease term at the carrying amount of the lease liability, plus initial direct costs, plus (minus) any prepaid (accrued) lease payments, less the unamortized balance of lease incentives received. Lease expense for lease payments is recognized on a straight-line basis over the lease term.

Park's operating lease ROU asset and lease liability are presented in “Operating lease right-of-use asset" and "Operating lease liability," respectively, on Park's Consolidated Condensed Balance Sheets. The carrying amounts of Park's ROU asset and lease liability at September 30, 2022 were $15.5 million and $16.4 million, respectively. At December 31, 2021, the carrying amounts of Park's ROU asset and lease liability were $13.4 million and $14.3 million, respectively. Park's operating lease expense is recorded in "Occupancy expense" on the Company's Consolidated Condensed Statements of Income.

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Other information related to operating leases for the three-month and the nine-month periods ended September 30, 2022 and 2021 follows:

	Three Months Ended				Nine Months Ended
(in thousands)	September 30, 2022		September 30, 2021		September 30, 2022		September 30, 2021
Lease cost
Operating lease cost	$	811	$	705	$	2,286	$	2,124
Sublease income	(63)		(63)		(189)		(189)
Total lease cost	$	748	$	642	$	2,097	$	1,935
Other information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	766	$	777	$	2,307	$	2,329
ROU assets obtained in exchange for new operating lease liabilities	$	88	$	367	$	4,270	$	547
Reductions to ROU assets resulting from reductions to lease obligations	$	(697)	$	(695)	$	(2,090)	$	(2,074)

At September 30, 2022 and December 31, 2021, Park's operating leases had a weighted average remaining term of 8.7 years and 6.8 years, respectively. The weighted average discount rate of Park's operating leases was 2.7% and 2.3% at September 30, 2022 and December 31, 2021, respectively.

Undiscounted cash flows included in lease liabilities have expected contractual payments as follows:

(in thousands)	September 30, 2022
Three months ending December 31, 2022	$	763
2023	3,306
2024	2,179
2025	1,860
2026	1,806
Thereafter	8,885
Total undiscounted minimum lease payments	$	18,799
Present value adjustment	(2,385)
Total lease liabilities	$	16,414

In September 2021, the Company entered into a noncancellable operating lease for an additional retail office for an initial term of 12 years, with two five-year renewal options. This lease is expected to commence during the fourth quarter of 2022, and therefore, was not recognized as of December 31, 2021 or September 30, 2022. The fixed payments due on an undiscounted basis over the noncancellable 12-year period of the lease are $3.5 million. The Company will assess the lease term as of the lease commencement date, but does not presently expect that either of the five-year renewal periods will be exercised.

Note 13 – Repurchase Agreement Borrowings

Securities sold under agreements to repurchase ("repurchase agreements") with customers represent funds deposited by customers, generally on an overnight basis, that are collateralized by investment securities owned by Park. Repurchase agreements with customers are included in "Short-term borrowings" on the Consolidated Condensed Balance Sheets.

All repurchase agreements are subject to terms and conditions of repurchase/security agreements between Park and the client and are accounted for as secured borrowings. Park's repurchase agreements consist of customer accounts and securities which are pledged on an individual security basis.

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At September 30, 2022 and December 31, 2021, Park's repurchase agreement borrowings totaled $189.5 million and $213.8 million, respectively. These borrowings were collateralized with U.S. government sponsored entities' asset-backed securities with a fair value of $236.8 million and $334.9 million at September 30, 2022 and December 31, 2021, respectively. Declines in the value of the collateral would require Park to pledge additional securities. As of September 30, 2022 and December 31, 2021, Park had $1,164 million and $1,225 million, respectively, of available unpledged securities.

The table below shows the remaining contractual maturity of repurchase agreements by collateral pledged at September 30, 2022 and December 31, 2021:

	September 30, 2022
(in thousands)	Remaining Contractual Maturity of the Agreements
	Overnight and Continuous		Up to 30 days		30 - 90 days		Greater than 90 days		Total
U.S. government and agency securities	$	189,493	$	—	$	—	$	—	$	189,493
	December 31, 2021
(in thousands)	Remaining Contractual Maturity of the Agreements
	Overnight and Continuous		Up to 30 days		30 - 90 days		Greater than 90 days		Total
U.S. government and agency securities	$	213,786	$	—	$	—	$	—	$	213,786

Note 14 - Derivatives

Park uses certain derivative financial instruments (or "derivatives") to meet the needs of its clients while managing the interest rate risk associated with certain transactions. Park does not use derivatives for speculative purposes. A summary of derivative financial instruments utilized by Park follows.

Interest Rate Swaps

Park utilizes interest rate swap agreements as part of its asset-liability management strategy to help manage its interest rate risk position and as a means to meet the financing, interest rate and other risk management needs of qualifying commercial banking customers. The notional amount of the interest rate swaps does not represent the amount exchanged by the parties. The amount exchanged is determined by reference to the notional amount and the other terms of the individual interest rate swap agreements.

Borrowing Derivatives: At September 30, 2022, Park had no borrowing derivatives. Interest rate swaps with notional amounts totaling $25.0 million at December 31, 2021 were designated as cash flow hedges of certain FHLB advances.

Loan Derivatives: In conjunction with the Carolina Alliance acquisition, Park acquired interest rate swaps related to certain commercial loans. Simultaneously with borrowers entering into interest rate swaps, Carolina Alliance entered into offsetting interest rate swaps executed with a third party, such that Carolina Alliance minimized its net interest rate risk exposure resulting from such transactions. These interest rate swaps had a notional amount totaling $22.8 million and $29.7 million at September 30, 2022 and December 31, 2021, respectively.

All of the Company's interest rate swaps were determined to be fully effective during each of the three-month and the nine-month periods ended September 30, 2022 and September 30, 2021. As such, no amount of ineffectiveness has been included in net income. Therefore, the aggregate fair value of the swaps is recorded in "Other assets" and "Other liabilities" with changes in fair value recorded in "Other comprehensive (loss) income". The amount included in "Accumulated other comprehensive (loss) income, net of tax" would be reclassified to current earnings should the hedges no longer be considered effective. During the nine-month period ended September 30, 2022, Park recognized expense of $66,000 as the result of the early termination of a borrowing interest rate swap. No expense related to early termination was recognized during the three months ended September 30, 2022 or the three months or the nine months ended September 30, 2021. Park expects the outstanding hedges to remain fully effective during the remaining respective terms of the swaps.

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Summary information about Park's interest rate swaps as of September 30, 2022 and December 31, 2021 follows:

	September 30, 2022						December 31, 2021
(In thousands, except weighted average data)	Borrowing Derivatives			Loan Derivatives			Borrowing Derivatives			Loan Derivatives
Notional amounts	$	—		$	22,831		$	25,000		$	29,651
Weighted average pay rates	—		%	4.555		%	2.595		%	4.668		%
Weighted average receive rates	—		%	4.555		%	0.124		%	4.668		%
Weighted average maturity (years)	0.0			8.1			0.5			8.2
Unrealized losses	$	—		$	—		$	262		$	—

There was no interest expense recorded on swap transactions for the three months ended September 30, 2022. Interest expense recorded on swap transactions was $157,000 for the three-month period ended September 30, 2021, and was $171,000 and $457,000 for the nine-month periods ended September 30, 2022 and 2021, respectively.

Interest Rate Swaps

The following table presents the net gains, net of income taxes, recorded in OCI and the Consolidated Condensed Statements of Income related to interest rate swaps for the three-month and the nine-month periods ended September 30, 2022 and 2021:

	Three Months Ended September 30, 2022
(In thousands)	Amount of Net Gain Recognized in OCI (Effective Portion)		Amount of Gain (Loss) Reclassified from OCI to Interest Income		Amount of Expense Recognized in Miscellaneous Expense
Interest rate swaps	$	—	$	—	$	—

	Three Months Ended September 30, 2021
(In thousands)	Amount of Net Gain Recognized in OCI (Effective Portion)		Amount of Gain (Loss) Reclassified from OCI to Interest Income		Amount of Expense Recognized in Miscellaneous Expense
Interest rate swaps	$	117	$	—	$	—

	Nine Months Ended September 30, 2022
(In thousands)	Amount of Net Gain Recognized in OCI (Effective Portion)		Amount of Gain (Loss) Reclassified from OCI to Interest Income		Amount of Expense Recognized in Miscellaneous Expense
Interest rate swaps	$	154	$	—	$	52

	Nine Months Ended September 30, 2021
(In thousands)	Amount of Net Gain Recognized in OCI (Effective Portion)		Amount of Gain (Loss) Reclassified from OCI to Interest Income		Amount of Expense Recognized in Miscellaneous Expense
Interest rate swaps	$	355	$	—	$	—

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The following tables reflect the interest rate swaps included in the Consolidated Condensed Balance Sheets as of September 30, 2022 and December 31, 2021.

(In thousands)	September 30, 2022				December 31, 2021
	Notional Amount		Fair Value		Notional Amount		Fair Value
Included in "Other assets":
Borrowing derivatives - interest rate swaps related to FHLB advances	$	—	$	—	$	—	$	—
Loan derivatives - instruments associated with loans
Matched interest rate swaps with borrower	—		—		29,651		1,952
Matched interest rate swaps with counterparty	22,831		1,622		—		—
Total included in "Other assets"	$	22,831	$	1,622	$	29,651	$	1,952
Included in "Other liabilities":
Borrowing derivatives - interest rate swaps related to FHLB advances	$	—	$	—	$	25,000	$	(262)
Loan derivatives - instruments associated with loans
Matched interest rate swaps with borrower	22,831		(1,622)		—		—
Matched interest rate swaps with counterparty	—		—		29,651		(1,952)
Total included in "Other liabilities"	$	22,831	$	(1,622)	$	54,651	$	(2,214)

Mortgage Banking Derivatives

Commitments to fund mortgage loans (interest rate locks) to be sold into the secondary market and forward commitments for the future delivery of these mortgage loans are accounted for as free standing derivatives. In order to hedge the change in interest rates resulting from its commitments to fund the loans, the Company enters into forward commitments for the future delivery of mortgage loans when interest rate locks are entered into. These mortgage banking derivatives are not designated as hedge relationships. The fair value of an interest rate lock is recorded at the time the commitment to fund the mortgage loan is executed and is adjusted for the expected exercise of the commitment before the loan is funded. Fair values of these mortgage banking derivatives are estimated based on changes in mortgage interest rates from the date the interest on the loan is locked. Changes in the fair values of these derivatives are included in "Other service income" in the Condensed Consolidated Statements of Income.

At September 30, 2022 and December 31, 2021, Park had $5.4 million and $13.3 million, respectively, of interest rate lock commitments. The fair value of these mortgage banking derivatives was reflected by a derivative asset of $0.1 million and $0.3 million at September 30, 2022 and December 31, 2021, respectively.

Other Derivatives

In connection with the sale of Park’s Class B Visa shares during 2009, Park entered into a swap agreement with the purchaser of the shares. The swap agreement adjusts for dilution in the conversion ratio of Class B Visa shares resulting from certain Visa litigation. At September 30, 2022 and December 31, 2021, the fair value of the swap liability of $243,000 and $226,000, respectively, represented an estimate of the exposure based upon probability-weighted potential Visa litigation losses.

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Note 15 – Accumulated Other Comprehensive (Loss) Income

Other comprehensive (loss) income components, net of tax, are shown in the following table for the three-month and the nine-month periods ended September 30, 2022 and 2021:

(in thousands)		Changes in pension plan assets and benefit obligations		Unrealized net holding (loss) gain on cash flow hedge		Unrealized (losses) gains on debt securities AFS		Total
Beginning balance at July 1, 2022		$	(5,792)	$	—	$	(79,612)	$	(85,404)
	Other comprehensive loss before reclassifications	—		—		(39,939)		(39,939)
Net current period other comprehensive loss		—		—		(39,939)		(39,939)
Ending balance at September 30, 2022		$	(5,792)	$	—	$	(119,551)	$	(125,343)
Beginning balance at July 1, 2021		$	(34,421)	$	(460)	$	31,951	$	(2,930)
	Other comprehensive income (loss) before reclassifications	—		117		(4,997)		(4,880)
Net current period other comprehensive income (loss)		—		117		(4,997)		(4,880)
Ending balance at September 30, 2021		$	(34,421)	$	(343)	$	26,954	$	(7,810)

(in thousands)		Changes in pension plan assets and benefit obligations		Unrealized net holding (loss) gain on cash flow hedge		Unrealized gains (losses) on debt securities AFS		Total
Beginning balance at January 1, 2022		$	(5,792)	$	(206)	$	21,153	$	15,155
	Other comprehensive income (loss) before reclassifications	—		154		(140,704)		(140,550)
	Amounts reclassified from other comprehensive loss	—		52		—		52
Net current period other comprehensive income (loss)		—		206		(140,704)		(140,498)
Ending balance at September 30, 2022		$	(5,792)	$	—	$	(119,551)	$	(125,343)
Beginning balance at January 1, 2021		$	(34,421)	$	(698)	$	40,690	$	5,571
	Other comprehensive income (loss) before reclassifications	—		355		(13,736)		(13,381)
Net current period other comprehensive income (loss)		—		355		(13,736)		(13,381)
Ending balance at September 30, 2021		$	(34,421)	$	(343)	$	26,954	$	(7,810)

During the nine-month period ended September 30, 2022, there was $66,000 ($52,000 net of tax) reclassified out of accumulated other comprehensive loss due to a net loss on the early termination of a borrowing interest rate swap. This loss was recorded within "Miscellaneous" other expense on the Consolidated Condensed Statements of Income. During the three-month period ended September 30, 2022, there were no reclassifications out of accumulated other comprehensive (loss) income. During the three-month and the nine-month periods ended September 30, 2021, there were no reclassifications out of accumulated other comprehensive (loss) income.

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Note 16 – Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per common share for the three month and nine months ended September 30, 2022 and 2021.

 

	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands, except share and per common share data)	2022		2021		2022		2021
Numerator:
Net income	$	42,068	$	35,434	$	115,267	$	117,397
Denominator:
Weighted-average common shares outstanding	16,253,704		16,292,312		16,240,966		16,315,996
Effect of dilutive PBRSUs and TBRSUs	121,278		131,600		114,824		129,572
Weighted-average common shares outstanding adjusted for the effect of dilutive PBRSUs and TBRSUs	16,374,982		16,423,912		16,355,790		16,445,568
Earnings per common share:
Basic earnings per common share	$	2.59	$	2.17	$	7.10	$	7.20
Diluted earnings per common share	$	2.57	$	2.16	$	7.05	$	7.14

Park awarded 52,335 PBRSUs and 61,890 PBRSUs to certain employees during the nine months ended September 30, 2022 and 2021, respectively. No PBRSUs were awarded during either of the three months ended September 30, 2022 or 2021.

Park repurchased an aggregate of 137,659 common shares during each of the three months and nine months ended September 30, 2021, to fund the PBRSUs, the TBRSUs and the common shares to be awarded to directors of Park and to directors of Park's subsidiary PNB (and its divisions) and pursuant to Park's previously announced stock repurchase authorizations. No common shares were repurchased during the three months or the nine months ended September 30, 2022.

Note 17 – Segment Information

The Corporation is a financial holding company headquartered in Newark, Ohio. The reportable segment for the Corporation is its chartered national bank subsidiary, PNB (headquartered in Newark, Ohio). "All Other", which primarily consists of Park as the "Parent Company", GFSC and SEPH, is shown to reconcile the segment totals to the Consolidated Condensed Statements of Income.

Management is required to disclose information about the different types of business activities in which a company engages and also information on the different economic environments in which a company operates, so that the users of the financial statements can better understand the company’s performance, better understand the potential for future cash flows, and make

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more informed judgments about the company as a whole. Park has one reportable segment, as: (i) discrete financial information is available for this reportable segment and (ii) the segment is aligned with internal reporting to Park’s Chief Executive Officer.

	Operating Results for the three months ended September 30, 2022
(In thousands)	PNB		All Other		Total
Net interest income (expense)	$	92,035	$	(1,207)	$	90,828
Provision for (recovery of) credit losses	3,235		(45)		3,190
Other income	28,918		17,776		46,694
Other expense	79,070		3,833		82,903
Income before income taxes	$	38,648	$	12,781	$	51,429
Income tax expense	7,133		2,228		9,361
Net income	$	31,515	$	10,553	$	42,068
Assets (at September 30, 2022)	$	9,816,644	$	38,403	$	9,855,047

 

	Operating Results for the three months ended September 30, 2021
(In thousands)	PNB		All Other		Total
Net interest income (expense)	$	82,835	$	(1,233)	$	81,602
Provision for (recovery of) credit losses	4,276		(2,304)		1,972
Other income	31,332		1,079		32,411
Other expense	64,663		3,826		68,489
Income (loss) before income taxes	$	45,228	$	(1,676)	$	43,552
Income tax expense (benefit)	8,777		(659)		8,118
Net income (loss)	$	36,451	$	(1,017)	$	35,434
Assets (at September 30, 2021)	$	10,012,868	$	21,150	$	10,034,018

	Operating Results for the nine months ended September 30, 2022
(In thousands)	PNB		All Other		Total
Net interest income (expense)	$	254,818	$	(2,365)	$	252,453
Provision for (recovery of) credit losses	2,045		(469)		1,576
Other income	89,420		20,123		109,543
Other expense	209,500		10,824		220,324
Income before income taxes	$	132,693	$	7,403	$	140,096
Income tax expense	24,770		59		24,829
Net income	$	107,923	$	7,344	$	115,267

	Operating Results for the nine months ended September 30, 2021
(In thousands)	PNB		All Other		Total
Net interest income (expense)	$	247,596	$	(1,409)	$	246,187
Recovery of credit losses	(3,670)		(3,253)		(6,923)
Other income	95,258		2,480		97,738
Other expense	195,361		12,393		207,754
Income (loss) before income taxes	$	151,163	$	(8,069)	$	143,094
Income tax expense (benefit)	28,694		(2,997)		25,697
Net income (loss)	$	122,469	$	(5,072)	$	117,397

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The operating results in the “All Other” column are used to reconcile the segment totals to the Consolidated Condensed Statements of Income for the three-month and the nine-month periods ended September 30, 2022 and 2021. The reconciling amounts for consolidated total assets for the periods ended September 30, 2022 and 2021 consisted of the elimination of intersegment borrowings and the assets of the Parent Company, GFSC and SEPH which were not eliminated.

Note 18 - Share-Based Compensation

The Park National Corporation 2017 Long-Term Incentive Plan for Employees (the "2017 Employees LTIP") was adopted by the Board of Directors of Park on January 23, 2017 and was approved by Park's shareholders at the Annual Meeting of Shareholders on April 24, 2017. The 2017 Employees LTIP makes equity-based awards and cash-based awards available for grant to employee participants in the form of incentive stock options, nonqualified stock options, stock appreciation rights ("SARs"), restricted stock, restricted stock units, other stock-based awards and cash-based awards. Under the 2017 Employees LTIP, 750,000 common shares are authorized to be delivered in connection with grants under the 2017 Employees LTIP. The common shares to be delivered under the 2017 Employees LTIP are to consist of either common shares currently held or common shares subsequently acquired by Park as treasury shares, including common shares purchased in the open market or in private transactions. At September 30, 2022, 397,665 common shares were available for future grants under the 2017 Employees LTIP.

The Park National Corporation 2017 Long-Term Incentive Plan for Non-Employee Directors (the "2017 Non-Employee Directors LTIP") was adopted by the Board of Directors of Park on January 23, 2017 and was approved by Park's shareholders at the Annual Meeting of Shareholders on April 24, 2017. The 2017 Non-Employee Directors LTIP makes equity-based awards and cash-based awards available for grant to non-employee director participants in the form of nonqualified stock options, SARs, restricted stock, restricted stock units, other stock-based awards, and cash-based awards. Under the 2017 Non-Employee Directors LTIP, 150,000 common shares are authorized to be delivered in connection with grants under the 2017 Non-Employee Directors LTIP. The common shares to be delivered under the 2017 Non-Employee Directors LTIP are to consist of either common shares currently held or common shares subsequently acquired by Park as treasury shares, including common shares purchased in the open market or in private transactions. At September 30, 2022, 86,850 common shares were available for future grants under the 2017 Non-Employee Directors LTIP.

During the nine months ended September 30, 2022 and 2021, the Compensation Committee of the Board of Directors of Park granted awards of PBRSUs, under the 2017 Employees LTIP, covering an aggregate of 52,335 common shares and 61,890 common shares, respectively, to certain employees of Park and its subsidiaries. No awards were granted during either of the three months ended September 30, 2022 and 2021.

As of September 30, 2022, Park has nonvested PBRSUs as well as TBRSUs. The number of PBRSUs earned or settled will depend on the level of achievement with respect to certain performance criteria over a three-year period and are also subject to subsequent service-based vesting. The number of TBRSUs earned or settled are subject to service-based vesting.

A summary of changes in the common shares subject to nonvested PBRSUs and TBRSUs for the nine months ended September 30, 2022 follows:

	Common shares subject to PBRSUs and TBRSUs
Nonvested at January 1, 2022	211,819
Granted	52,335
Vested	(55,464)
Forfeited	(3,165)
Adjustment for performance conditions of PBRSUs (1)	(634)
Nonvested at September 30, 2022 (2)	204,891

(1) The number of PBRSUs earned depends on the level of achievement with respect to certain performance criteria. Adjustment herein represents the difference between the maximum number of common shares which could be earned and the actual number earned for those PBRSUs as to which the performance period was completed.

(2) Nonvested amount herein represents the maximum number of nonvested PBRSUs and TBRSUs. As of September 30, 2022, an aggregate of 203,578 PBRSUs and TBRSUs are expected to vest.

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A summary of awards vested during the three months and the nine months ended September 30, 2022 and 2021 follows:

	Three Months Ended September 30,		Nine Months Ended September 30,
	2022	2021	2022	2021
PBRSUs and TBRSUs vested	7,049	4,427	55,464	48,106
Common shares withheld to satisfy employee income tax withholding obligations	2,559	1,348	21,217	18,429
Net common shares issued	4,490	3,079	34,247	29,677

Share-based compensation expense of $1.4 million and $1.2 million was recognized for the three-month periods ended September 30, 2022 and 2021, respectively, and share-based compensation expense of $4.8 million and $4.5 million was recognized for the nine-month periods ended September 30, 2022 and 2021, respectively.

The following table details expected additional share-based compensation expense related to PBRSUs and TBRSUs outstanding at September 30, 2022:

(In thousands)
Three months ending December 31, 2022	$	1,392
2023	4,487
2024	2,939
2025	1,228
2026	197
Total	$	10,243

Note 19 – Benefit Plans

Park has a noncontributory defined benefit pension plan (the "Pension Plan") covering substantially all of its employees. The Pension Plan provides benefits based on an employee’s years of service and compensation.

There were no Pension Plan contributions for any of the three-month or the nine-month periods ended September 30, 2022 and 2021. Additionally, no contributions are expected to be made during the remainder of 2022.

The following table shows the components of net periodic pension benefit (income) expense:

	Three Months Ended September 30,				Nine Months Ended September 30,				Affected Line Item in the Consolidated Condensed Statements of Income
(In thousands)	2022		2021		2022		2021
Service cost	$	2,437	$	2,479	$	7,311	$	7,437	Employee benefits
Interest cost	1,426		1,340		4,278		4,020		Other components of net periodic pension benefit income
Expected return on plan assets	(4,449)		(3,933)		(13,347)		(11,799)		Other components of net periodic pension benefit income
Recognized net actuarial (gain) loss and prior service costs	(4)		555		(12)		1,665		Other components of net periodic pension benefit income
Net periodic pension benefit (income) expense	$	(590)	$	441	$	(1,770)	$	1,323

Park has entered into Supplemental Executive Retirement Plan Agreements (the “SERP Agreements”) with certain key officers of Park and its subsidiaries which provide defined pension benefits in excess of limits imposed by federal tax law. The expense

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for the Corporation related to the SERP Agreements for the three months and the nine months ended September 30, 2022 and 2021 was as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,				Affected Line Item in the Consolidated Condensed Statements of Income
(In thousands)	2022		2021		2022		2021
Service cost	$	212	$	203	637		$	611	Employee benefits
Interest cost	183		150		549		448		Miscellaneous expense
Total SERP expense	$	395	$	353	$	1,186	$	1,059

Note 20 – Fair Value

The fair value hierarchy requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The three levels of inputs that Park uses to measure fair value are as follows:

•Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that Park has the ability to access as of the measurement date.

•Level 2: Level 1 inputs for assets or liabilities that are not actively traded. Also consists of an observable market price for a similar asset or liability. This includes the use of “matrix pricing” to value debt securities absent the exclusive use of quoted prices.

•Level 3: Consists of unobservable inputs that are used to measure fair value when observable market inputs are not available. This could include the use of internally developed models, financial forecasting and similar inputs.

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the balance sheet date. When possible, the Company looks to active and observable markets to price identical assets or liabilities. When identical assets and liabilities are not traded in active markets, the Company looks to observable market data for similar assets and liabilities. However, certain assets and liabilities are not traded in observable markets and Park must use other valuation methods to develop a fair value. The fair value of individually evaluated collateral dependent loans is typically based on the fair value of the underlying collateral, which is estimated through third-party appraisals in accordance with Park's valuation requirements under its commercial and real estate loan policies.

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Assets and Liabilities Measured at Fair Value on a Recurring Basis:

The following table presents assets and liabilities measured at fair value on a recurring basis:

 

Fair Value Measurements at September 30, 2022 using:
(In thousands)	Level 1		Level 2		Level 3		Balance at September 30, 2022
Assets
Investment securities:
Obligations of U.S. Treasury and other U.S. Government sponsored entities	$	—	$	38,122	$	—	$	38,122
Obligations of states and political subdivisions	—		393,918		—		393,918
U.S. Government sponsored entities’ asset-backed securities	—		784,863		—		784,863
Collateralized loan obligations	—		509,058		—		509,058
Corporate debt securities	—		16,162		—		16,162
Equity securities	1,277		—		469		1,746
Mortgage loans held for sale	—		1,928		—		1,928
Mortgage IRLCs	—		102		—		102
Loan interest rate swaps	—		1,622		—		1,622
Liabilities
Fair value swap	$	—	$	—	$	243	$	243
Borrowing interest rate swap	—		—		—		—
Loan interest rate swaps	—		1,622		—		1,622

 

Fair Value Measurements at December 31, 2021 using:
(In thousands)	Level 1		Level 2		Level 3		Balance at December 31, 2021
Assets
Investment securities:
Obligations of states and political subdivisions	$	—	$	389,591	$	—	$	389,591
U.S. Government sponsored entities’ asset-backed securities	—		854,463		—		854,463
Collateralized loan obligations	—		498,674		—		498,674
Corporate debt securities	—		11,412		—		11,412
Equity securities	1,630		—		499		2,129
Mortgage loans held for sale	—		9,387		—		9,387
Mortgage IRLCs	—		333		—		333
Loan interest rate swaps	—		1,952		—		1,952
Liabilities
Fair value swap	$	—	$	—	$	226	$	226
Borrowing interest rate swap	—		262		—		262
Loan interest rate swaps	—		1,952		—		1,952

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The following methods and assumptions were used by the Company in determining the fair value of the financial assets and liabilities discussed above:

Interest rate swaps:  The fair values of interest rate swaps are based on valuation models using observable market data as of the measurement date (Level 2).

Investment securities: Fair values for investment securities are based on quoted market prices, where available (Level 1). If quoted market prices are not available, fair values are based on quoted market prices of comparable instruments (Level 2). For securities where quoted prices or market prices of similar securities are not available, fair values are calculated using discounted cash flows (Level 3).

Fair value swap: The fair value of the swap agreement entered into with the purchaser of the Visa Class B shares represents an internally developed estimate of the exposure based upon probability-weighted potential Visa litigation losses and is classified as Level 3.

Mortgage Interest Rate Lock Commitments: Mortgage IRLCs are based on current secondary market pricing and are classified as Level 2.

Mortgage loans held for sale: Mortgage loans held for sale are carried at their fair value. Mortgage loans held for sale are estimated using market prices for similar product types and, therefore, are classified in Level 2.

The following tables present a reconciliation of the beginning and ending balances of the Level 3 inputs for the three-month and nine-month periods ended September 30, 2022 and 2021, for financial instruments measured on a recurring basis and classified as Level 3:

Level 3 Fair Value Measurements
Three months ended September 30, 2022 and 2021
(In thousands)	Equity securities		Fair value swap
Balance at July 1, 2022	$	491	$	(447)
Total losses
Included in other income / expense	(22)		—
Purchases, sales, issuances and settlements, other, net	—		204
Balance at September 30, 2022	$	469	$	(243)
Balance at July 1, 2021	$	490	$	(226)
Total gains
Included in other income	1		—
Balance at September 30, 2021	$	491	$	(226)

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Level 3 Fair Value Measurements
Nine months ended September 30, 2022 and 2021
(In thousands)	Equity securities			Fair value swap
Balance at January 1, 2022	$	499		$	(226)
Total losses
Included in other income / expense	(30)			(221)
Purchases, sales, issuances and settlements, other, net	—			204
Balance at September 30, 2022	$	469		$	(243)
Balance at January 1, 2021	$	485		$	(226)
Total gains
Included in other income	6			—
Balance at September 30, 2021	$	491	491	$	(226)

Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis:

The following methods and assumptions were used by the Company in determining the fair value of assets and liabilities measured at fair value on a nonrecurring basis as described below:

Individually evaluated collateral dependent loans: When a loan is individually evaluated, it is valued at the lower of cost or fair value. Collateral dependent loans which are individually evaluated and carried at fair value have been partially charged off or receive specific allocations of the allowance for credit losses. For collateral dependent loans, fair value is generally based on real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches including the comparable sales approach and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments result in a Level 3 classification of the inputs for determining fair value. Collateral is then adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the client and the client’s business, resulting in a Level 3 fair value classification. Individually evaluated loans are evaluated on a quarterly basis for additional impairment and adjusted accordingly. Additionally, updated independent valuations are obtained annually for all collateral dependent loans in accordance with Company policy.

OREO: Assets acquired through or in lieu of loan foreclosure are initially recorded at fair value less costs to sell when acquired. The carrying value of OREO is not re-measured to fair value on a recurring basis, but is subject to fair value adjustments when the carrying value exceeds the fair value, less estimated selling costs. Fair value is based on recent real estate appraisals and is updated at least annually. These appraisals may utilize a single valuation approach or a combination of approaches including the comparable sales approach and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments result in a Level 3 classification of the inputs for determining fair value.

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Appraisals for both individually evaluated collateral dependent loans and OREO are performed by licensed appraisers. Appraisals are generally obtained to support the fair value of collateral. In general, there are three types of appraisals received by the Company: real estate appraisals, income approach appraisals, and lot development loan appraisals. These are discussed below:

•Real estate appraisals typically incorporate measures such as recent sales prices for comparable properties. Appraisers may make adjustments to the sales prices of the comparable properties as deemed appropriate based on the age, condition or general characteristics of the subject property. Management generally applies a 15% discount to real estate appraised values which management expects will cover all disposition costs (including selling costs). This 15% discount is based on historical discounts to appraised values on sold OREO properties.

•Income approach appraisals typically incorporate the annual net operating income of the business divided by an appropriate capitalization rate, as determined by the appraiser. Management generally applies a 15% discount to income approach appraised values which management expects will cover all disposition costs (including selling costs).

•Lot development loan appraisals are typically performed using a discounted cash flow analysis. Appraisers determine an anticipated absorption period and a discount rate that takes into account an investor’s required rate of return based on recent comparable sales. Management generally applies a 6% discount to lot development appraised values, which is an additional discount above the net present value calculation included in the appraisal, to account for selling costs.

Other repossessed assets: Other repossessed assets are initially recorded at fair value less costs to sell when acquired. The carrying value of other repossessed assets is not re-measured to fair value on a recurring basis, but is subject to fair value adjustments when the carrying value exceeds the fair value, less estimated selling costs. At December 31, 2021, other repossessed assets primarily consisted of aircraft acquired as part of a loan workout. Fair value is based on Aircraft Bluebook and VREF Aircraft Value Reference values based on the model of aircraft and adjustments for flight hours, features and other variables. Such adjustments result in a Level 3 classification of the inputs for determining fair value. There were no repossessed assets carried at fair value at September 30, 2022.

MSRs: MSRs are carried at the lower of cost or fair value. MSRs do not trade in active, open markets with readily observable prices. For example, sales of MSRs do occur, but precise terms and conditions typically are not readily available. As such, management, with the assistance of a third-party specialist, determines fair value based on the discounted value of the future cash flows estimated to be received. Significant inputs include the discount rate and assumed prepayment speeds. The calculated fair value is then compared to market values where possible to ascertain the reasonableness of the valuation in relation to current market expectations for similar products. Accordingly, MSRs are classified as Level 2.

The following tables present assets and liabilities measured at fair value on a nonrecurring basis. Individually evaluated collateral dependent loans secured by real estate are carried at fair value if they have been charged down to fair value or if a specific valuation allowance has been established. As of September 30, 2022 and December 31, 2021, there were no PCD loans

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carried at fair value. A new cost basis is established at the time a property is initially recorded in OREO. OREO properties are carried at fair value if a devaluation has been taken with respect to the property's value subsequent to the initial measurement.

Fair Value Measurements at September 30, 2022 using:
(In thousands)	Level 1		Level 2		Level 3		Balance at September 30, 2022
Individually evaluated collateral dependent loans recorded at fair value:
Commercial real estate	$	—	$	—	$	4,685	$	4,685
Residential real estate	—		—		204		204
Total individually evaluated collateral dependent loans recorded at fair value	$	—	$	—	$	4,889	$	4,889
MSRs	$	—	$	1,673	$	—	$	1,673
OREO recorded at fair value:
Residential real estate	—		—		—		—
Total OREO recorded at fair value	$	—	$	—	$	—	$	—
Other repossessed assets	$	—	$	—	$	—	$	—

 

Fair Value Measurements at December 31, 2021 using:
(In thousands)	Level 1		Level 2		Level 3		Balance at December 31, 2021
Individually evaluated collateral dependent loans recorded at fair value:
Commercial real estate	$	—	$	—	$	831	$	831
Residential real estate	—		—		272		272
Total individually evaluated collateral dependent loans recorded at fair value	$	—	$	—	$	1,103	$	1,103
MSRs	$	—	$	13,482	$	—	$	13,482
OREO recorded at fair value:
Residential real estate	—		—		775		775
Total OREO recorded at fair value	$	—	$	—	$	775	$	775
Other repossessed assets	$	—	$	—	$	2,750	$	2,750

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The table below provides additional detail on those individually evaluated loans which are recorded at fair value as well as the remaining individually evaluated loan portfolio not included above. The remaining individually evaluated loans consist of 1) loans which are not collateral dependent, 2) loans which are not secured by real estate, and 3) loans carried at cost as the fair value of the underlying collateral or the present value of expected future cash flows on each of the loans exceeded the book value for each respective credit.

	September 30, 2022
(In thousands)	Loan Balance		Prior Charge-Offs		Specific Valuation Allowance		Carrying Balance
Total individually evaluated collateral dependent loans recorded at fair value	$	6,042	$	543	$	1,153	$	4,889
Remaining individually evaluated loans	37,628		252		597		37,031
Total individually evaluated loans	$	43,670	$	795	$	1,750	$	41,920

	December 31, 2021
(In thousands)	Loan Balance		Prior Charge-Offs		Specific Valuation Allowance		Carrying Balance
Total individually evaluated collateral dependent loans recorded at fair value	$	1,291	$	240	$	188	$	1,103
Remaining individually evaluated loans	73,211		384		1,428		71,783
Total individually evaluated loans	$	74,502	$	624	$	1,616	$	72,886

The income (expense) from credit adjustments related to individually evaluated loans carried at fair value was $7,000 and $(83,000) for the three-month periods ended September 30, 2022 and 2021, respectively, and was $(1.0) million and $462,000 for the nine-month periods ended September 30, 2022 and 2021, respectively.

MSRs totaled $16.2 million at September 30, 2022. Of this $16.2 million MSR carrying balance, $1.7 million were recorded at fair value and included a valuation allowance of $0.2 million. The remaining $14.5 million were recorded at cost, as the fair value exceeded cost at September 30, 2022. At December 31, 2021, MSRs totaled $15.3 million. Of this $15.3 million MSR carrying balance, $13.5 million were recorded at fair value and included a valuation allowance of $1.6 million. The remaining $1.8 million were recorded at cost, as the fair value exceeded cost at December 31, 2021. The income (expense) related to MSRs carried at fair value during the three-month periods ended September 30, 2022 and 2021 was $59,000 and $(39,000), respectively, and was $1.4 million and $1.0 million for the nine-month periods ended September 30, 2022 and 2021, respectively.

Total OREO held by Park at September 30, 2022 and December 31, 2021 was $1.4 million and $775,000 respectively. At September 30, 2022, there was no OREO held by Park that was carried at fair value due to fair value adjustments made subsequent to the initial OREO measurement. At December 31, 2021, all of Park's OREO was carried at fair value. There was $12.0 million and $11.3 million of income related to OREO fair value adjustments for the three-month and the nine-month periods ended September 30, 2022, respectively. There was no income or expense related to OREO fair value adjustments for the three-month period ended September 30, 2021. There was $13,000 of income related to OREO fair value adjustments for the nine-month period ended September 30, 2021.

Other repossessed assets totaled $0.4 million at September 30, 2022, of which there were no repossessed assets recorded at fair value. Other repossessed assets totaled $3.3 million at December 31, 2021, of which $2.8 million were recorded at fair value. There was no expense related to fair value adjustments on other repossessed assets during any of the three-month periods or the nine-month periods ended September 30, 2022 and 2021.

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The following tables present qualitative information about Level 3 fair value measurements for financial instruments measured at fair value on a nonrecurring basis at September 30, 2022 and December 31, 2021:

September 30, 2022
(In thousands)	Fair Value		Valuation Technique	Unobservable Input(s)	Range (Weighted Average)
Individually evaluated collateral dependent loans:
Commercial real estate	$	4,685	Sales comparison approach	Adj to comparables	0.0% - 85.7% (11.9%)
			Income approach	Capitalization rate	7.5% - 8.3% (8.1%)
			Cost approach	Accumulated depreciation	26.0% (26.0%)
Residential real estate	$	204	Sales comparison approach	Adj to comparables	1.9% - 119.8% (17.4%)

December 31, 2021
(In thousands)	Fair Value		Valuation Technique	Unobservable Input(s)	Range (Weighted Average)
Individually evaluated collateral dependent loans:
Commercial real estate	$	831	Sales comparison approach	Adj to comparables	0.0% - 232.0% (28.3%)
Residential real estate	$	272	Sales comparison approach	Adj to comparables	0.5% - 78.6% (11.6%)
			Cost approach	Accumulated depreciation	8.3% (8.3%)
Other real estate owned:
Residential real estate	$	775	Sales comparison approach	Adj to comparables	5.0% - 32.5% (19.1%)

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Assets Measured at Net Asset Value:

Park's portfolio of Partnership Investments are valued using the NAV practical expedient in accordance with ASC 820.

At September 30, 2022 and December 31, 2021, Park had Partnership Investments with a NAV of $23.6 million and $18.0 million, respectively. At September 30, 2022 and December 31, 2021, Park had $20.0 million and $8.4 million, respectively, in unfunded commitments related to these Partnership Investments. For the three-month periods ended September 30, 2022 and 2021, Park recognized income of $97,000 and $512,000, respectively, and for the nine-month periods ended September 30, 2022 and 2021, Park recognized income of $2.6 million and $2.4 million, respectively, related to these Partnership Investments.

The fair value of certain financial instruments at September 30, 2022 and December 31, 2021, was as follows:

	September 30, 2022
			Fair Value Measurements
(In thousands)	Carrying value		Level 1		Level 2		Level 3		Total fair value
Financial assets:
Cash and money market instruments	$	207,433	$	207,433	$	—	$	—	$	207,433
Investment securities (1)	1,742,123		—		1,742,123		—		1,742,123
Other investment securities (2)	1,746		1,277		—		469		1,746
Mortgage IRLCs	102		—		102		—		102
Mortgage loans held for sale	1,928		—		1,928		—		1,928
Individually evaluated loans carried at fair value	4,889		—		—		4,889		4,889
Other loans, net	7,012,366		—		—		6,910,287		6,910,287
Loans receivable, net	$	7,019,285	$	—	$	2,030	$	6,915,176	$	6,917,206
Financial liabilities:
Time deposits	$	613,222	$	—	$	615,544	$	—	$	615,544
Other	5,280		5,280		—		—		5,280
Deposits (excluding demand deposits)	$	618,502	$	5,280	$	615,544	$	—	$	620,824
Short-term borrowings	$	189,493	$	—	$	189,493	$	—	$	189,493
Subordinated notes	188,551		—		178,812		—		178,812
Derivative financial instruments - assets:
Loan interest rate swaps	$	1,622	$	—	$	1,622	$	—	$	1,622
Derivative financial instruments - liabilities:
Fair value swap	$	243	$	—	$	—	$	243	$	243
Borrowing interest rate swap	—		—		—		—		—
Loan interest rate swaps	1,622		—		1,622		—		1,622

(1) Includes debt securities AFS.

(2) Excludes FHLB stock and FRB stock which are carried at their respective redemption values, investment securities accounted for at modified cost as these investments do not have a readily determinable fair value, and Partnership Investments valued using the NAV practical expedient.

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	December 31, 2021
			Fair Value Measurements
(In thousands)	Carrying value		Level 1		Level 2		Level 3		Total fair value
Financial assets:
Cash and money market instruments	$	219,180	$	219,180	$	—	$	—	$	219,180
Investment securities (1)	1,754,140		—		1,754,140		—		1,754,140
Other investment securities (2)	2,129		1,630		—		499		2,129
Mortgage loans held for sale	9,387		—		9,387		—		9,387
Mortgage IRLCs	333		—		333		—		333
Individually evaluated loans carried at fair value	1,103		—		—		1,103		1,103
Other loans, net	6,777,102		—		—		6,783,848		6,783,848
Loans receivable, net	$	6,787,925	$	—	$	9,720	$	6,784,951	$	6,794,671
Financial liabilities:
Time deposits	$	711,660	$	—	$	714,307	—		$	714,307
Other	1,465		1,465		—		—		1,465
Deposits (excluding demand deposits)	$	713,125	$	1,465	$	714,307	$	—	$	715,772
Short-term borrowings	$	238,786	$	—	$	238,786	$	—	$	238,786
Subordinated notes	188,210		—		207,912		—		207,912
Derivative financial instruments - assets:
Loan interest rate swaps	$	1,952	$	—	$	1,952	$	—	$	1,952
Derivative financial instruments - liabilities:
Fair value swap	$	226	$	—	$	—	$	226	$	226
Borrowing interest rate swap	262		—		262		—		262
Loan interest rate swaps	1,952		—		1,952		—		1,952

(1) Includes debt securities AFS.

(2) Excludes FHLB stock and FRB stock which are carried at their respective redemption values, investment securities accounted for at modified cost as these investments do not have a readily determinable fair value, and Partnership Investments valued using the NAV practical expedient.

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Note 21 - Revenue from Contracts with Customers

All of Park's revenue from contracts with customers within the scope of ASC 606 is recognized within "Other income" in the Consolidated Condensed Statements of Income. The following table presents the Corporation's sources of other income by revenue stream and operating segment for the three-month and the nine-month periods ended September 30, 2022 and September 30, 2021.

	Three Months Ended September 30, 2022
Revenue by Operating Segment (in thousands)	PNB		All Other		Total
Income from fiduciary activities
Personal trust and agency accounts	$	2,411	$	—	$	2,411
Employee benefit and retirement-related accounts	2,353		—		2,353
Investment management and investment advisory agency accounts	3,000		—		3,000
Other	452		—		452
Service charges on deposit accounts
Non-sufficient funds (NSF) fees	1,722		—		1,722
Demand deposit account (DDA) charges	996		—		996
Other	141		—		141
Other service income (1)
Credit card	734		—		734
HELOC	103		—		103
Installment	40		—		40
Real estate	1,692		—		1,692
Commercial	384		3		387
Debit card fee income	6,514		—		6,514
Bank owned life insurance income (2)	1,133		52		1,185
ATM fees	610		—		610
Gain on sale of OREO, net	—		5,607		5,607
OREO valuation markup	—		12,009		12,009
Gain on equity securities, net (2)	25		33		58
Other components of net periodic pension benefit income (2)	2,955		72		3,027
Miscellaneous (3)	3,653		—		3,653
Total other income	$	28,918	$	17,776	$	46,694

(1) Of the $3.0 million of aggregate revenue included within "Other service income", approximately $1.4 million is within the scope of ASC 606, with the remaining $1.6 million consisting primarily of certain residential real estate loan fees which are out of scope.

(2) Not within the scope of ASC 606.

(3) "Miscellaneous" income includes brokerage income, safe deposit box rentals, and miscellaneous bank fees totaling $3.7 million, all of which are within scope of ASC 606.

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	Three Months Ended September 30, 2021
Revenue by Operating Segment (in thousands)	PNB		All Other		Total
Income from fiduciary activities
Personal trust and agency accounts	$	2,637	$	—	$	2,637
Employee benefit and retirement-related accounts	2,506		—		2,506
Investment management and investment advisory agency accounts	3,220		—		3,220
Other	457		—		457
Service charges on deposit accounts
Non-sufficient funds (NSF) fees	1,498		—		1,498
Demand deposit account (DDA) charges	762		—		762
Other	129		—		129
Other service income (1)
Credit card	690		2		692
HELOC	100		—		100
Installment	34		—		34
Real estate	5,418		—		5,418
Commercial	281		143		424
Debit card fee income	6,453		—		6,453
Bank owned life insurance income (2)	1,022		440		1,462
ATM fees	622		—		622
Gain on sale of OREO, net	3		—		3
OREO valuation markup	—		—		—
Gain on equity securities, net (2)	429		180		609
Other components of net periodic pension benefit income (2)	1,987		51		2,038
Miscellaneous (3)	3,084		263		3,347
Total other income	$	31,332	$	1,079	$	32,411

(1) Of the $6.7 million of aggregate revenue included within "Other service income", approximately $1.3 million is within the scope of ASC 606, with the remaining $5.4 million consisting primarily of certain residential real estate loan fees which are out of scope.

(2) Not within the scope of ASC 606.

(3) "Miscellaneous" income includes brokerage income, safe deposit box rentals, and miscellaneous bank fees totaling $3.3 million, all of which are within scope of ASC 606.

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	Nine Months Ended September 30, 2022
Revenue by Operating Segment (in thousands)	PNB		All Other		Total
Income from fiduciary activities
Personal trust and agency accounts	$	7,681	$	—	$	7,681
Employee benefit and retirement-related accounts	7,384		—		7,384
Investment management and investment advisory agency accounts	9,403		—		9,403
Other	1,404		—		1,404
Service charges on deposit accounts
Non-sufficient funds (NSF) fees	4,658		—		4,658
Demand deposit account (DDA) charges	2,425		—		2,425
Other	413		—		413
Other service income (1)
Credit card	2,091		—		2,091
HELOC	297		—		297
Installment	128		—		128
Real estate	8,685		—		8,685
Commercial	1,039		475		1,514
Debit card fee income	19,371		—		19,371
Bank owned life insurance income (2)	3,356		1,378		4,734
ATM fees	1,725		—		1,725
Gain on sale of OREO, net	4		5,607		5,611
OREO valuation markup	30		12,009		12,039
Gain on equity securities, net (2)	2,285		835		3,120
Other components of net periodic pension benefit income (2)	8,864		217		9,081
Miscellaneous (3)	8,177		(398)		7,779
Total other income	$	89,420	$	20,123	$	109,543

(1) Of the $12.7 million of aggregate revenue included within "Other service income", approximately $4.3 million is within the scope of ASC 606, with the remaining $8.4 million consisting primarily of certain residential real estate loan fees which are out of scope.

(2) Not within the scope of ASC 606.

(3) "Miscellaneous" income includes brokerage income, safe deposit box rentals, and miscellaneous bank fees totaling $7.8 million, all of which are within scope of ASC 606.

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	Nine Months Ended September 30, 2021
Revenue by Operating Segment (in thousands)	PNB		All Other		Total
Income from fiduciary activities
Personal trust and agency accounts	$	7,650	$	—	$	7,650
Employee benefit and retirement-related accounts	7,170		—		7,170
Investment management and investment advisory agency accounts	9,345		—		9,345
Other	1,397		—		1,397
Service charges on deposit accounts
Non-sufficient funds (NSF) fees	3,776		—		3,776
Demand deposit account (DDA) charges	2,325		—		2,325
Other	374		—		374
Other service income (1)
Credit card	1,906		2		1,908
HELOC	288		—		288
Installment	114		—		114
Real estate	19,867		—		19,867
Commercial	1,063		204		1,267
Debit card fee income	19,297		—		19,297
Bank owned life insurance income (2)	3,169		607		3,776
ATM fees	1,807		—		1,807
Loss on sale of OREO, net	(26)		—		(26)
OREO valuation markup	13		—		13
Gain on equity securities, net (2)	1,758		1,128		2,886
Other components of net periodic pension benefit income (2)	5,960		154		6,114
Miscellaneous (3)	8,005		385		8,390
Total other income	$	95,258	$	2,480	$	97,738

(1) Of the $23.4 million of aggregate revenue included within "Other service income", approximately $3.8 million is within the scope of ASC 606, with the remaining $19.6 million consisting primarily of certain residential real estate loan fees which are out of scope.

(2) Not within the scope of ASC 606.

(3) "Miscellaneous" income includes brokerage income, safe deposit box rentals, and miscellaneous bank fees totaling $8.4 million, all of which are within scope of ASC 606.

A description of Park's material revenue streams accounted for under ASC 606 follows:

Income from fiduciary activities (gross): Park earns fiduciary fee income and investment brokerage fees from its contracts with trust customers for various fiduciary and investment-related services. These fees are earned over time as the Company provides the contracted monthly and quarterly services and are generally assessed based on the market value of the trust assets.

Service charges on deposit accounts and ATM fees: The Corporation earns fees from the Corporation's deposit customers for transaction-based, account maintenance, and overdraft services. Transaction-based fees, which include services such as ATM use fees, stop payment charges, statement rendering fees, and ACH fees, are recognized at the time the transaction is executed as that is the point in time the Corporation fulfills the customer's request. Account maintenance fees, which relate primarily to monthly maintenance, are generally recognized at the end of the month, representing the period over which the Corporation satisfies the performance obligation. Overdraft fees are recognized at the point in time that the overdraft occurs. Service charges on deposits are withdrawn from the customer's account balance.

Other service income: Other service income includes income from (1) the sale and servicing of loans sold to the secondary market, (2) incentive income from third-party credit card issuers, and (3) loan customers for various loan-related activities and services. Income related to the sale and servicing of loans sold to the secondary market is included within "Other service income", but is not within the scope of ASC 606. Services that fall within the scope of ASC 606 are recognized as revenue when the Company satisfies the Company's performance obligation to the customer.

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Debit card fee income: Park earns interchange fees from debit cardholder transactions conducted primarily through the Visa payment network. Interchange fees from cardholder transactions represent a percentage of the underlying transaction value and are recognized daily, net of card network fees, concurrently with the transaction processing services provided to the cardholder.

Gain or loss on sale of OREO, net: The Corporation records a gain or loss from the sale of OREO when control of the property transfers to the buyer, which generally occurs at the time of delivery of an executed deed. When Park finances the sale of OREO to the buyer, the Corporation assesses whether the buyer is committed to perform the buyer's obligation under the contract and whether collectability of the transaction price is probable. Once these criteria are met, the OREO asset is derecognized and the gain or loss on sale is recorded upon the transfer of control of the property to the buyer. In determining the gain or loss on the sale, the Corporation adjusts the transaction price and related gain (loss) on sale if a significant financing component is present.

OREO valuation markup: The Corporation records an OREO valuation markup immediately prior to the transfer of a loan to OREO when the fair market value of the property less costs to sell exceeds the principal balance of the loan.

ITEM 2 – MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL

CONDITION AND RESULTS OF OPERATIONS

Management’s discussion and analysis contains forward-looking statements that are provided to assist in the understanding of anticipated future financial performance. Forward-looking statements provide current expectations or forecasts of future events and are not guarantees of future performance. The forward-looking statements are based on management’s expectations and are subject to a number of risks and uncertainties. Although management believes that the expectations reflected in such forward-looking statements are reasonable, actual results may differ materially from those expressed or implied in such statements.

Risks and uncertainties that could cause actual results to differ materially include, without limitation:

•the ever-changing effects of the global novel coronavirus (COVID-19) pandemic - - the duration, extent and severity of which are impossible to predict, including the possibility of further resurgence in the spread of COVID-19 or variants or mutations thereof - - on economies (local, national and international), supply chains and financial markets, on the labor market, including the potential for a sustained reduction in labor force participation, and on our customers (including potential changes in their banking preferences and behaviors), counterparties, employees and third-party service providers, as well as the effects of various responses of governmental and nongovernmental authorities to the COVID-19 pandemic;

•Park's ability to execute our business plan successfully and within the expected timeframe as well as our ability to manage strategic initiatives;

•current and future economic and financial market conditions, either nationally or in the states in which Park and our subsidiaries do business, including the effects of higher unemployment rates, an acceleration in the pace of inflation, U.S. fiscal debt, budget and tax matters, geopolitical matters (including the impact of the Russia-Ukraine conflict and associated sanctions), and any slowdown in global economic growth, in addition to the continuing impact of the COVID-19 pandemic and recovery therefrom on our customers’ operations and financial condition, any of which may result in adverse impacts on the demand for loan, deposit and other financial services, delinquencies, defaults and counterparties' inability to meet credit and other obligations and the possible impairment of collectability of loans;

•factors that can impact the performance of our loan portfolio, including changes in real estate values and liquidity in our primary market areas, the financial health of our commercial borrowers and the success of construction projects that we finance, including any loans acquired in acquisition transactions;

•the effect of monetary and other fiscal policies (including the impact of money supply, market interest rate policies and policies impacting inflation, of the Federal Reserve Board, the U.S. Treasury and other governmental agencies) as well as disruption in the liquidity and functioning of U.S. financial markets, may adversely impact prepayment penalty income, mortgage banking income, income from fiduciary activities, the value of securities, deposits and other financial instruments, in addition to the loan demand and the performance of our loan portfolio, and the interest rate sensitivity of our consolidated balance sheet as well as reduce interest margins;

•changes in the federal, state, or local tax laws may adversely affect the fair values of net deferred tax assets and obligations of state and political subdivisions held in Park's investment securities portfolio and otherwise negatively impact our financial performance;

•the impact of changes in federal, state and local governmental policy, including the regulatory landscape, capital markets, elevated government debt, potential changes in tax legislation that may increase tax rates, infrastructure spending and social programs;

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•changes in laws or requirements imposed by Park's regulators impacting Park's capital actions, including dividend payments and stock repurchases;

•changes in consumer spending, borrowing and saving habits, whether due to changes in retail distribution strategies, consumer preferences and behaviors, changes in business and economic conditions, legislative and regulatory initiatives, or other factors may be different than anticipated;

•changes in customers', suppliers', and other counterparties' performance and creditworthiness, and Park's expectations regarding future credit losses and our allowance for credit losses, may be different than anticipated due to the continuing impact of and the various responses to inflationary pressures;

•Park may have more credit risk and higher credit losses to the extent there are loan concentrations by location or industry of borrowers or collateral;

•the volatility from quarter to quarter of mortgage banking income, whether due to interest rates, demand, the fair value of mortgage loans, or other factors;

•the adequacy of our internal controls and risk management program in the event of changes in the market, economic, operational (including those which may result from our associates working remotely), asset/liability repricing, legal, compliance, strategic, cybersecurity, liquidity, credit and interest rate risks associated with Park's business;

•competitive pressures among financial services organizations could increase significantly, including product and pricing pressures (which could in turn impact our credit spreads), changes to third-party relationships and revenues, changes in the manner of providing services, customer acquisition and retention pressures, and Park's ability to attract, develop and retain qualified banking professionals;

•uncertainty regarding the nature, timing, cost and effect of changes in banking regulations or other regulatory or legislative requirements affecting the respective businesses of Park and our subsidiaries, including major reform of the regulatory oversight structure of the financial services industry and changes in laws and regulations concerning taxes, FDIC insurance premium levels, pensions, bankruptcy, consumer protection, rent regulation and housing, financial accounting and reporting, environmental protection, insurance, bank products and services, bank and bank holding company capital and liquidity standards, fiduciary standards, securities and other aspects of the financial services industry, specifically the reforms provided for in the Coronavirus Aid, Relief and Economic Security (CARES) Act and the follow-up legislation in the Consolidated Appropriations Act, 2021, the American Rescue Plan Act of 2021, the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the “Dodd-Frank Act”) and the Basel III regulatory capital reforms, as well as regulations already adopted and which may be adopted in the future by the relevant regulatory agencies, including the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the Federal Reserve Board, to implement the provisions of the CARES Act and the follow-up legislation in the Consolidated Appropriations Act, 2021, the provisions of the American Rescue Plan Act of 2021, the provisions of the Dodd-Frank Act, and the Basel III regulatory capital reforms;

•the effect of changes in accounting policies and practices, as may be adopted by the Financial Accounting Standards Board (the "FASB"), the SEC, the Public Company Accounting Oversight Board and other regulatory agencies, may adversely affect Park's reported financial condition or results of operations;

•Park's assumptions and estimates used in applying critical accounting policies and modeling, including under the CECL model, which may prove unreliable, inaccurate or not predictive of actual results;

•the possibility that future credit losses may be higher than currently expected due to changes in economic assumptions;

•the impact of Park's ability to anticipate and respond to technological changes on Park's ability to respond to customer needs and meet competitive demands;

•operational issues stemming from and/or capital spending necessitated by the potential need to adapt to industry changes in information technology systems on which Park and our subsidiaries are highly dependent;

•the ability to secure confidential information and deliver products and services through the use of computer systems and telecommunications networks, including those of Park's third-party vendors and other service providers, which may prove inadequate, and could adversely affect customer confidence in Park and/or result in Park incurring a financial loss;

•a failure in or breach of Park's operational or security systems or infrastructure, or those of our third-party vendors and other service providers, resulting in failures or disruptions in customer account management, general ledger, deposit, loan, or other systems, including as a result of cyber attacks;

•the impact on Park's business and operating results of any costs associated with obtaining rights in intellectual property claimed by others and of adequacy of Park's intellectual property protection in general;

•the existence or exacerbation of general geopolitical instability and uncertainty as well as the effect of trade policies (including the impact of potential or imposed tariffs, a U.S. withdrawal from or significant renegotiation of trade agreements, trade wars and other changes in trade regulations, closing of border crossings and changes in the relationship of the U.S. and its global trading partners);

•the impact on financial markets and the economy of any changes in the credit ratings of the U.S. Treasury obligations and other U.S. government-backed debt, as well as issues surrounding the levels of U.S., European and Asian government debt and concerns regarding the growth rates and financial stability of certain sovereign governments,

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supranationals and financial institutions in Europe and Asia and the risk they may face difficulties servicing their sovereign debt;

•the effect of a fall in stock market prices on Park's asset and wealth management businesses;

•our litigation and regulatory compliance exposure, including the costs and effects of any adverse developments in legal proceedings or other claims and the costs and effects of unfavorable resolution of regulatory and other governmental examinations or other inquiries;

•continued availability of earnings and excess capital sufficient for the lawful and prudent declaration of dividends;

•the impact on Park's business, personnel, facilities or systems of losses related to acts of fraud, scams and schemes of third parties;

•the impact of widespread natural and other disasters, pandemics (including the COVID-19 pandemic), dislocations, regional or national protests and civil unrest (including any resulting branch closures or damages), military or terrorist activities or international hostilities (especially in light of the Russia-Ukraine conflict) on the economy and financial markets generally and on us or our counterparties specifically;

•a worsening of the U.S. economy due to financial, political, or other shocks;

•the effect of healthcare laws in the U.S. and potential changes for such laws, especially in light of the COVID-19 pandemic, which may increase our healthcare and other costs and negatively impact our operations and financial results;

•risk and uncertainties associated with Park's entry into new geographic markets with our most recent acquisitions, including expected revenue synergies and cost savings from recent acquisitions not being fully realized or realized within the expected time frame;

•uncertainty surrounding the transition from the London Inter-Bank Offered Rate (LIBOR) to an alternate reference rate;

•and other risk factors relating to the banking industry as detailed from time to time in Park's reports filed with the SEC including those described in "Item 1A. Risk Factors" of Part I of Park's Annual Report on Form 10-K for the fiscal year ended December 31, 2021.

Park does not undertake, and specifically disclaims any obligation, to publicly release the results of any revisions that may be made to update any forward-looking statement to reflect the events or circumstances after the date on which the forward-looking statement was made, or reflect the occurrence of unanticipated events, except to the extent required by applicable law.

Non-GAAP Financial Measures

This Management's Discussion and Analysis (or "MD&A") contains non-U.S. GAAP financial measures where management believes it to be helpful in understanding Park’s results of operations or financial position. Where non-U.S. GAAP financial measures are used, the comparable U.S. GAAP financial measure, as well as the reconciliation to the comparable U.S. GAAP financial measure, can be found herein.

Items Impacting Comparability of Period Results

From time to time, revenue, expenses and/or taxes are impacted by items judged by management of Park to be outside of ordinary banking activities and/or by items that, while they may be associated with ordinary banking activities, are so unusually large that their outsized impact is believed by management of Park at that time to be infrequent or short-term in nature. Most often, these items impacting comparability of period results are due to merger and acquisition activities and revenue and expenses related to former Vision Bank loan relationships. In other cases, they may result from management's decisions associated with significant corporate actions outside of the ordinary course of business.

Even though certain revenue and expense items are naturally subject to more volatility than others due to changes in market and economic environment conditions, as a general rule volatility alone does not result in the inclusion of an item as one impacting comparability of period results. For example, changes in the provision for / (recovery of) credit losses (aside from those related to former Vision Bank loan relationships), gains (losses) on equity securities, net, and asset valuation adjustments, reflect ordinary banking activities and are, therefore, typically excluded from consideration as items impacting comparability of period results.

Management believes the disclosure of items impacting comparability of period results provides a better understanding of Park's performance and trends and allows management to ascertain which of such items, if any, to include or exclude from an analysis of Park's performance; i.e., within the context of determining how that performance differed from expectations, as well as how, if at all, to adjust estimates of future performance taking such items into account.

Items impacting comparability of the results of particular periods are not intended to be a complete list of items that may materially impact current or future period performance.

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Non-GAAP Financial Measures

Park's management uses certain non-GAAP financial measures to evaluate Park's performance. Specifically, management reviews the return on average tangible equity, the return on average tangible assets, the tangible equity to tangible assets ratio, tangible book value per share and pre-tax, pre-provision net income.

Management has included in the tables included within the "Items Impacting Comparability" section of this MD&A information relating to the annualized return on average tangible equity, the annualized return on average tangible assets, the tangible equity to tangible assets ratio, tangible book value per share and pre-tax, pre-provision net income for the three months and the nine months ended and at September 30, 2022 and September 30, 2021. For the purpose of calculating the annualized return on average tangible equity, a non-GAAP financial measure, net income for each period is divided by average tangible equity during the period. Average tangible equity equals average shareholders' equity during the applicable period less average goodwill and other intangible assets during the applicable period. For the purpose of calculating the annualized return on average tangible assets, a non-GAAP financial measure, net income for each period is divided by average tangible assets during the period. Average tangible assets equals average assets during the applicable period less average goodwill and other intangible assets during the applicable period. For the purpose of calculating the tangible equity to tangible assets ratio, a non-GAAP financial measure, tangible equity is divided by tangible assets. Tangible equity equals total shareholders' equity less goodwill and other intangible assets, in each case at period end. Tangible assets equal total assets less goodwill and other intangible assets, in each case at period end. For the purpose of calculating tangible book value per share, a non-GAAP financial measure, tangible equity is divided by the number of common shares outstanding, in each case at period end. For the purpose of calculating pre-tax, pre-provision net income, a non-GAAP financial measure, income taxes and the provision for (recovery of) credit losses are added back to net income, in each case during the applicable period.

Management believes that the disclosure of the annualized return on average tangible equity, the annualized return on average tangible assets, the tangible equity to tangible assets ratio, tangible book value per share and pre-tax, pre-provision net income presents additional information to the reader of the consolidated financial statements, which, when read in conjunction with the consolidated financial statements prepared in accordance with U.S. GAAP, assists in analyzing Park's operating performance, ensures comparability of operating performance from period to period, and facilitates comparisons with the performance of Park's peer financial holding companies and bank holding companies, while eliminating certain non-operational effects of acquisitions. In the tables included within the "Items Impacting Comparability" section of this MD&A, Park has provided a reconciliation of average tangible equity to average shareholders' equity, average tangible assets to average assets, tangible equity to total shareholders' equity, tangible assets to total assets, and pre-tax, pre-provision net income to net income solely for the purpose of complying with SEC Regulation G and not as an indication that the annualized return on average tangible equity, the annualized return on average tangible assets, the tangible equity to tangible assets ratio, tangible book value per share and pre-tax, pre-provision net income are substitutes for the annualized return on average equity, the annualized return on average assets, the total shareholders' equity to total assets ratio, book value per share and net income, respectively, as determined in accordance with U.S. GAAP.

FTE (fully taxable equivalent) Financial Measures

Interest income, yields, and ratios on a FTE basis are considered non-GAAP financial measures. Management believes net interest income on a FTE basis provides an insightful picture of the interest margin for comparison purposes. The FTE basis also allows management to assess the comparability of revenue arising from both taxable and tax-exempt sources. The FTE basis assumes a corporate federal statutory tax rate of 21 percent. In the tables included within the "Items Impacting Comparability" section of this MD&A, Park has provided a reconciliation of FTE interest income solely for the purpose of complying with SEC Regulation G and not as an indication that FTE interest income, yields and ratios are substitutes for interest income, yields and ratios, as determined in accordance with U.S. GAAP.

Paycheck Protection Program ("PPP") Loans

Park originated $764.7 million in loans as part of the PPP. These loans are not typical of Park's loan portfolio in that they are part of a specific government program to support businesses during the COVID-19 pandemic and are 100% guaranteed by the SBA. As such, management considers growth in the loan portfolio excluding PPP loans, the total allowance for credit losses to total loans ratio (excluding PPP loans), and general reserve on collectively evaluated loans as a percentage of total collectively evaluated loans (excluding PPP loans) in addition to the related U.S. GAAP metrics which are not adjusted for PPP loans.

Critical Accounting Policies

Note 1 of the Notes to Consolidated Financial Statements included in Park’s 2021 Form 10-K lists significant accounting policies used in the development and presentation of Park’s consolidated financial statements. The accounting and reporting policies of Park conform with U.S. GAAP and general practices within the financial services industry. The preparation of

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financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and the accompanying notes. Actual results could differ from those estimates.

The COVID-19 pandemic has caused significant, unprecedented disruption around the world that has affected daily living and negatively impacted the global economy. Additionally, geopolitical conflict (including the conflict in Ukraine) and inflationary pressures have added uncertainty to the overall economic environment. The effects of the COVID-19 pandemic, geopolitical conflict, and inflation may meaningfully impact significant estimates such as the allowance for credit losses, goodwill, and pension plan obligations and related expenses.

Allowance for Credit Losses: Park believes the determination of the allowance for credit losses involves a higher degree of judgment and complexity than its other significant accounting policies. The allowance for credit losses is calculated with the objective of maintaining a reserve level believed by management to be sufficient to absorb estimated credit losses over the life of an asset or an off-balance sheet credit exposure. Management’s determination of the adequacy of the allowance for credit losses is based on periodic evaluations of past events, including historical credit loss experience on financial assets with similar risk characteristics, current conditions, and reasonable and supportable forecasts that affect the collectability of the remaining cash flows over the contractual term of the financial assets. However, this evaluation has subjective components requiring material estimates, including expected default probabilities, the expected loss given default, the amounts and timing of expected future cash flows on individually evaluated loans, and estimated losses based on historical loss experience and forecasted economic conditions. All of these factors may be susceptible to significant change. To the extent that actual results differ from management estimates, additional provisions for credit losses may be required that would adversely impact earnings in future periods.

One of the most significant judgments impacting the ACL estimate is the economic forecast for Ohio unemployment, Ohio GDP, and Ohio HPI. Changes in the economic forecast could significantly affect the estimated credit losses which could potentially lead to materially different allowance levels from one reporting period to the next.

In calculating the ACL, management weighs several different scenarios, including a baseline (most likely) scenario and an adverse scenario. To create hypothetical sensitivity analyses, management calculated a quantitative allowance using a 100% weighting applied to a baseline scenario and a quantitative allowance using a 100% weighting applied to an adverse scenario. The adverse scenario considers among other things that: (1) the military conflict between Russia and Ukraine worsens significantly and persists longer than anticipated resulting in a disruption in oil supply and increased inflation; (2) supply chain issues erode, with increased shortages of many goods, also boosting inflation; (3) inflation remains elevated, which leads to a recession and increased unemployment; (4) the Federal Reserve Board continues to increase interest rates, at a higher degree than the baseline scenario, to combat high inflation affecting consumer spending as well as causing businesses to have higher costs associated with obtaining capital, therefore slowing down growth; and (5) new cases, hospitalizations and deaths from COVID-19 start to rise significantly again, slowing growth in spending on air travel, retail and hotels. The adverse scenario forecasts Ohio unemployment for the next twelve months to range from 6.3% to 8.3%. Excluding consideration of general reserve adjustments, this sensitivity analysis would result in a hypothetical increase in Park's ACL of $23.5 million as of September 30, 2022 if only the adverse scenario was used. Excluding consideration of general reserve adjustments, a corresponding $23.5 million decrease in Park's ACL would occur in a hypothetical scenario if only the baseline (most likely) scenario was used.

Refer to the "Credit Metrics and Provision for (Recovery of) Credit Losses" section of this MD&A for additional discussion.

Goodwill: Management believes that the accounting for goodwill also involves a higher degree of judgment than most other significant accounting policies. U.S. GAAP establishes standards for the impairment assessment of goodwill. Goodwill arising from business combinations represents the value attributable to unidentifiable intangible assets in each business acquired. Park’s goodwill, as of September 30, 2022, relates to the value inherent in the banking industry and that value is dependent upon the ability of Park’s national bank subsidiary, PNB, to provide quality, cost-effective banking services in a competitive marketplace. The goodwill value is supported by revenue that is in part driven by the volume of business transacted. A decrease in earnings resulting from a decline in the customer base, the inability to deliver cost-effective services over sustained periods or significant credit problems could lead to impairment of goodwill that could, in turn, adversely impact earnings in future periods.

U.S. GAAP requires an annual evaluation of goodwill for impairment, or more frequently if events or changes in circumstances indicate that the asset might be impaired. Park evaluates goodwill for impairment during the second quarter of each year, with financial data as of March 31. Based on the qualitative analysis performed as of April 1, 2022, the Company determined that goodwill for Park's reporting unit, PNB, was not impaired. The fair value of the goodwill, which resides on the books of PNB,

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is evaluated for potential impairment by reviewing the past and projected operating results for PNB, deposit and loan totals for PNB and banking industry comparable information.

Pension Plan: The determination of pension plan obligations and related expenses requires the use of assumptions to estimate the amount of benefits that employees will earn while working, as well as the present value of those benefits. Annual pension expense is principally based on four components: (1) the value of benefits earned by employees for working during the year (service cost), (2) the increase in the liability due to the passage of time (interest cost), and (3) other gains and losses, reduced by (4) the expected return on plan assets for our pension plan.

Significant assumptions used to measure our annual pension expense include:

•the interest rate used to determine the present value of liabilities (discount rate);

•certain employee-related factors, such as turnover, retirement age and mortality;

•the expected return on assets in our funded pension plan; and

•the rate of salary increases where benefits are based on earnings.

Our assumptions reflect our historical experience and management’s best judgment regarding future expectations. Due to the significant management judgment involved, our assumptions could have a material impact on the measurement of our pension plan expense and obligation.

Comparison of Results of Operations

For the Three Months and the Nine Months Ended September 30, 2022 and 2021

Summary Discussion of Results

Net income for the three months ended September 30, 2022 was $42.1 million, compared to $35.4 million for the third quarter of 2021. Diluted earnings per common share were $2.57 for the third quarter of 2022, compared to $2.16 for the third quarter of 2021. Weighted average diluted common shares outstanding were 16,374,982 for the third quarter of 2022, compared to 16,423,912 weighted average diluted common shares outstanding for the third quarter of 2021.

Net income for the nine months ended September 30, 2022 was $115.3 million, compared to $117.4 million for the first nine months of 2021. Diluted earnings per common share were $7.05 for the first nine months of 2022, compared to $7.14 for the first nine months of 2021. Weighted average diluted common shares outstanding were 16,355,790 for the first nine months of 2022, compared to 16,445,568 weighted average diluted common shares outstanding for the first nine months of 2021.

COVID-19 Considerations

During 2022 and 2021, Park provided calamity pay and special bonuses to certain associates related to the COVID-19 pandemic. The cost of the calamity pay and special bonuses was $747,000 and $1.5 million for the nine months ended September 30, 2022 and 2021, respectively, and is included within salaries expense. There were no calamity pay and special bonuses paid during either of the three months ended September 30, 2022 and 2021.

Paycheck Protection Program: During 2020 and 2021, Park approved and funded 7,701 loans totaling $764.7 million as part of the PPP. For its assistance in making and retaining these loans, Park received an aggregate of $33.1 million in fees from the SBA, of which $2.9 million and $14.0 million were recognized within loan interest income during the nine months ended September 30, 2022 and 2021, respectively. At September 30, 2022, the remaining balance of PPP loans was $5.7 million.

Loan Modifications: During the COVID-19 pandemic, Park has worked with borrowers and provided modifications in the form of either interest only deferral or principal and interest deferral, in each case, for initial periods of up to 90 days. As necessary, Park made available a second 90-day interest only deferral or principal and interest deferral bringing the total potential deferral period to six months. Modifications were structured in a manner to best address each individual customer's then current situation. A majority of these modifications were excluded from the troubled debt restructuring ("TDR") classification under Section 4013 of the CARES Act or under applicable interagency guidance of the federal banking regulators. The modified loans were considered current and continued to accrue interest during the deferral period.

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Financial Results by Segment

The table below reflects the net income (loss) by segment for the first, second and third quarters of 2022, for the first nine months of each of 2022 and 2021 (the nine months ended September 30) and for the years ended December 31, 2021 and 2020. Park's segments include The Park National Bank ("PNB") and "All Other" which primarily consists of Park as the "Parent Company", Guardian Financial Services Company ("GFSC") and SE Property Holdings, LLC ("SEPH").

(In thousands)	Q3 2022		Q2 2022		Q1 2022		Nine months YTD 2022		Nine months YTD 2021		2021		2020
PNB	$	31,515	$	34,940	$	41,468	$	107,923	$	122,469	$	159,461	$	123,730
All Other	10,553		(616)		(2,593)		7,344		(5,072)		(5,516)		4,193
Total Park	$	42,068	$	34,324	$	38,875	$	115,267	$	117,397	$	153,945	$	127,923

Highlights from the three-month and the nine-month periods ended September 30, 2022 and 2021 include:

•Net income for the nine months ended September 30, 2022 of $115.3 million represented a $2.1 million, or 1.8%, decrease compared to $117.4 million for the nine months ended September 30, 2021.

•Pre-tax, pre-provision net income for the nine months ended September 30, 2022 of $141.7 million represented a $5.5 million, or 4.0%, increase compared to $136.2 million for the nine months ended September 30, 2021.

•During the three months and the nine months ended September 20, 2022, Park recorded interest income of $361,000 and $3.0 million, respectively, related to PPP loans, compared to $4.6 million and $15.5 million for the three months and the nine months ended September 30, 2021, respectively.

•Park recognized a $5.6 million gain on the sale of OREO, net, during the three months and the nine months ended September 30, 2022 related to former Vision Bank relationships. There was no gain on the sale of OREO, net, related to former Vision Bank relationships during the three months and the nine months ended September 30, 2021.

•Park recognized a $12.0 million OREO valuation markup during the three months and the nine months ended September 30, 2022 related to the foreclosure and subsequent sale of a property collateralizing a former Vision Bank relationship. There was no OREO valuation markup related to former Vision Bank relationships during the three months and the nine months ended September 30, 2021.

•During the three months and the nine months ended September 30, 2022, Park recorded income of $1.2 million as a result of an annual Visa incentive, compared to $1.1 million during the three months and the nine months ended September 30, 2021.

•During the three months and the nine months ended September 30, 2022, Park paid $1.8 million in one-time bonuses and accrued an additional $1.5 million for future one-time bonuses for additional associates. There were no similar one-time bonuses paid or accrued during the three months or the nine months ended September 30, 2021.

•During the three months and the nine months ended September 30, 2022, Park incurred expenses of $1.3 million and $1.7 million, respectively, in direct expenses related to the collection of payments on former Vision Bank loan relationships, compared to $254,000 and $661,000 for the three months and the nine months ended September 30, 2021, respectively.

•During the three months and the nine months ended September 30, 2022, Park contributed $4.0 million to its charitable foundation. There was no contribution made by Park to its charitable foundation during the three months ended September 20, 2021 and a $4.0 million contribution made by Park to its charitable foundation during the nine months ended September 30, 2021.

•PNB loan growth (excluding PPP loans) of 2.20% and 4.45% for the three months and the nine months ended September 30, 2022, respectively, compared to declines (excluding PPP loans) of (0.13)% and (0.89%) for the three months and the nine months ended September 30, 2021, respectively.

•Park experienced continued good credit quality with annualized net charge-offs as a percentage of average loans of 0.04% and 0.02% for the three months and the nine months ended September 30, 2022, respectively, compared to annualized net recoveries as a percentage of average loans of 0.15% and 0.06% for the three months and the nine months ended September 30, 2021, respectively.

Net income for each of the nine months ended September 30, 2022 and 2021 included several items of income and expense that impacted comparability of period results. These items are detailed in the "Items Impacting Comparability" section within this MD&A.

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The following discussion provides additional information regarding the PNB segment, followed by additional information regarding All Other.

The Park National Bank (PNB)

The table below reflects PNB's net income for the first, second and third quarters of 2022, for the first nine months of each of 2022 and 2021 (the nine months ended September 30) and for the years ended December 31, 2021 and 2020.

(In thousands)	Q3 2022		Q2 2022		Q1 2022		Nine months YTD 2022		Nine months YTD 2021		2021		2020
Net interest income	$	92,035	$	83,411	$	79,372	$	254,818	$	247,596	$	328,398	$	326,375
Provision for (recovery of) credit losses (1)	3,235		3,357		(4,547)		2,045		(3,670)		(8,554)		30,813
Other income	28,918		29,255		31,247		89,420		95,258		126,802		124,231
Other expense	79,070		66,214		64,216		209,500		195,361		266,678		268,938
Income before income taxes	$	38,648	$	43,095	$	50,950	$	132,693	$	151,163	$	197,076	$	150,855
Income tax expense	7,133		8,155		9,482		24,770		28,694		37,615		27,125
Net income	$	31,515	$	34,940	$	41,468	$	107,923	$	122,469	$	159,461	$	123,730

(1) Park adopted ASU 2016-13 effective January 1, 2021. The allowance for credit losses and the related provision for (recovery of) credit losses for all periods subsequent to the date of adoption were calculated utilizing this new guidance.

Net interest income of $254.8 million for the nine months ended September 30, 2022 represented a $7.2 million, or 2.9%, increase compared to $247.6 million for the nine months ended September 30, 2021. The increase was a result of a $12.0 million increase in interest income, partially offset by a $4.8 million increase in interest expense.

The $12.0 million increase in interest income was primarily due to a $15.2 million increase in investment income, partially offset by a $3.1 million decrease in interest income on loans. The $15.2 million increase in investment income was primarily the result of a $251.2 million increase in average investments, including money market investments, from $1.97 billion for the nine months ended September 30, 2021 to $2.22 billion for the nine months ended September 30, 2022. The increase was also the result of an increase in the yield on investments, which increased 78 basis points to 2.28% for the nine months ended September 30, 2022, compared to 1.50% for the nine months ended September 30, 2021. The decrease in interest income on loans was primarily the result of a $12.5 million decrease in interest income on PPP loans, which was partially offset by a $9.4 million increase in interest income on all other loans. Excluding PPP loans, there was a $123.2 million increase in average loans from $6.75 billion for the nine months ended September 30, 2021 to $6.87 billion for the nine months ended September 30, 2022. Additionally, there was a 11 basis point increase in the yield excluding PPP loans from 4.33% for the nine months ended September 30, 2021 to 4.44% for the nine months ended September 30, 2022.

The $4.8 million increase in interest expense was primarily due to a $4.6 million increase in interest expense on deposits, as well as a $189,000 increase in interest expense on borrowings. The increase in interest expense on deposits was the result of a $8.5 million increase in average on-balance sheet interest bearing deposits from $5.28 billion for the nine months ended September 30, 2021, to $5.29 billion for nine months ended September 30, 2022 as well as the result of an increase in the cost of deposits of 11 basis points, from 0.13% for the nine months ended September 30, 2021 to 0.24% for the nine months ended September 30, 2022. The increase in on-balance sheet interest bearing deposits was due to increases in transaction accounts, which were partially offset by decreases in both savings and time deposits. During the nine months ended September 30, 2022 and 2021, Park made the decision to continue its participation in a program to transfer deposits off balance sheet in order to manage growth of the balance sheet.

The provision for credit losses of $2.0 million for the nine months ended September 30, 2022 represented a difference of $5.7 million, compared to a recovery of credit losses of $3.7 million for the nine months ended September 30, 2021. Refer to the “Credit Metrics and Provision for (Recovery of) Credit Losses” section for additional details regarding the level of the provision for (recovery of) credit losses recognized in each period presented above.

Other income of $89.4 million for the nine months ended September 30, 2022 represented a decrease of $5.8 million, or 6.1%, compared to $95.3 million for the nine months ended September 30, 2021. The $5.8 million decrease was primarily related to a $11.0 million decrease in other service income, which was primarily due to declines in fee income from mortgage loan originations and mortgage servicing rights, partially offset by an increase in investor rate locks and mortgage loans held for

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sale. This decrease in other service income was partially offset by increases of (i) $2.9 million in other components of net periodic benefit income; (ii) $1.0 million in income from service charges on deposit accounts; (iii) $527,000 in gain on equity securities, net; (iv) $495,000 in gain on sale of loans recorded in miscellaneous income; and (v) $310,000 in income from fiduciary activities.

A summary of mortgage loan originations for each quarter of 2021, the year ended December 31, 2021 and the first three quarters of 2022 follows.

(In thousands)	Q1 2021			Q2 2021			Q3 2021			Q4 2021			2021			Q1 2022			Q2 2022			Q3 2022
Mortgage Loan Origination Volume
Sold	$	191,116		$	142,398		$	123,757		$	98,007		$	555,278		$	69,053		$	50,013		$	27,025
Portfolio	82,613			74,670			66,718			60,685			284,686			53,498			63,104			90,551
Construction	28,987			37,266			28,486			24,816			119,555			32,928			34,044			34,026
Service released	1,266			2,204			4,537			5,795			13,802			4,660			4,580			2,537
Total mortgage loan originations	$	303,982		$	256,538		$	223,498		$	189,303		$	973,321		$	160,139		$	151,741		$	154,139
Refinances as a % of Total Mortgage Loan Originations	71.1		%	50.0		%	44.8		%	44.2		%	54.2		%	41.7		%	25.9		%	24.0		%

Total mortgage loan originations decreased $318.0 million, or 40.6%, to $466.0 million for the nine months ended September 30, 2022 compared to $784.0 million for the nine months ended September 30, 2021.

The table below reflects PNB's other expense for the nine months ended September 30, 2022 and 2021.

(Dollars in thousands)	2022		2021		change		% change
Other expense:
Salaries	$	96,340	$	86,194	$	10,146	11.8	%
Employee benefits	30,221		30,451		(230)		(0.8)	%
Occupancy expense	9,699		9,440		259		2.7	%
Furniture and equipment expense	8,782		8,157		625		7.7	%
Data processing fees	23,844		22,426		1,418		6.3	%
Professional fees and services	16,020		14,332		1,688		11.8	%
Marketing	3,922		4,354		(432)		(9.9)	%
Insurance	3,875		4,080		(205)		(5.0)	%
Communication	2,894		2,650		244		9.2	%
State tax expense	3,332		2,986		346		11.6	%
Amortization of intangible assets	1,146		1,378		(232)		(16.8)	%
Foundation contributions	4,000		4,000		—		N.M.
Miscellaneous	5,425		4,913		512		10.4	%
Total other expense	$	209,500	$	195,361	$	14,139	7.2	%

Total other expense of $209.5 million for the nine months ended September 30, 2022 represented an increase of $14.1 million, or 7.2%, compared to $195.4 million for the nine months ended September 30, 2021. The increase in salaries expense was primarily related to increases in base salary expense, additional compensation expense and officer incentive compensation expense. The increase in furniture and equipment expense was primarily related to an increase in depreciation expense. The increase in data processing fees was primarily related to an increase in software data processing expense, partially offset by a decrease in debit card processing expense. The increase in professional fees and services expense was primarily due to increases in legal expense, recruiting fees and directors fees, which were partially offset by decreases in other credit related costs. The decrease in marketing expense was due to a decrease in advertising expenses. The increase in miscellaneous expense was due to increased supplies expense, training and travel related expenses and increases in non-loan related losses.

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The table below provides certain balance sheet information and financial ratios for PNB as of or for the nine months ended September 30, 2022 and 2021 and the year ended December 31, 2021.

(Dollars in thousands)	September 30, 2022		December 31, 2021		September 30, 2021		% change from 12/31/21		% change from 09/30/21
Loans	7,102,503		6,868,935		6,905,245		3.40	%	2.86	%
Loans less PPP loans (1)	7,096,788		6,794,515		6,773,762		4.45	%	4.77	%
Allowance for credit losses	83,947		83,111		87,992		1.01	%	(4.60)	%
Net loans	7,018,556		6,785,824		6,817,253		3.43	%	2.95	%
Investment securities	1,805,163		1,807,392		1,601,376		(0.12)	%	12.73	%
Total assets	9,816,644		9,538,217		10,012,868		2.92	%	(1.96)	%
Total deposits	8,606,272		8,157,720		8,603,171		5.50	%	0.04	%
Average assets (2)	9,934,726		9,814,766		9,819,220		1.22	%	1.18	%
Efficiency ratio (3)	60.40	%	58.21	%	56.63	%	3.76	%	6.66	%
Return on average assets (4)	1.45	%	1.62	%	1.67	%	(10.49)	%	(13.17)	%

(1) Excludes $5.7 million, $74.4 million and $131.5 million of PPP loans at September 30, 2022, December 31, 2021 and September 30, 2021.

(2) Average assets for the nine months ended September 30, 2022 and 2021 and for the year ended December 31, 2021.

(3) Efficiency ratio is calculated by dividing total other expense by the sum of fully taxable equivalent net interest income and other income. Fully taxable equivalent net interest income includes the effects of taxable equivalent adjustments using a 21% federal corporate income tax rate. The taxable equivalent adjustments were $2.6 million for the nine months ended September 30, 2022, $2.1 million for the nine months ended September 30, 2021 and $2.9 million for the year ended December 31, 2021.

(4) Annualized for the nine months ended September 30, 2022 and 2021.

Loans outstanding at September 30, 2022 were $7.10 billion, compared to $6.87 billion at December 31, 2021, an increase of $233.6 million. Loans outstanding at September 30, 2022 were $7.10 billion, compared to $6.91 billion at September 30, 2021, an increase of $197.3 million. Excluding $5.7 million and $74.4 million of PPP loans at September 30, 2022 and December 31, 2021, respectively, loans outstanding were $7.10 billion at September 30, 2022, compared to $6.79 billion at December 31, 2021, an increase of $302.3 million. Excluding $5.7 million and $131.5 million of PPP loans at September 30, 2022 and 2021, respectively, loans outstanding were $7.10 billion at September 30, 2022, compared to $6.77 billion at September 30, 2021, an increase of $323.0 million. The table below breaks out the change in loans outstanding, by loan type.

(Dollars in thousands)	September 30, 2022		December 31, 2021		September 30, 2021		change from 12/31/21		% change from 12/31/21		change from 09/30/21		% change from 09/30/21
Home equity	$	167,072	$	165,691	$	166,557	$	1,381	0.83	%	$	515	0.31	%
Installment	1,948,819		1,685,687		1,711,781		263,132		15.61	%	237,038		13.85	%
Real estate	1,171,079		1,142,991		1,165,045		28,088		2.46	%	6,034		0.52	%
Commercial (excluding PPP loans) (1)	3,807,976		3,797,673		3,725,362		10,303		0.27	%	82,614		2.22	%
PPP loans	5,715		74,420		131,483		(68,705)		(92.32)	%	(125,768)		(95.65)	%
Other	1,842		2,473		5,017		(631)		(25.52)	%	(3,175)		(63.28)	%
Total loans	$	7,102,503	$	6,868,935	$	6,905,245	$	233,568	3.40	%	$	197,258	2.86	%
Total loans (excluding PPP loans)	$	7,096,788	$	6,794,515	$	6,773,762	$	302,273	4.45	%	$	323,026	4.77	%

(1) Excludes $5.7 million of PPP loans at September 30, 2022, $74.4 million of PPP loans at December 31, 2021 and $131.5 million of PPP loans at September 30, 2021.

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Loans outstanding at September 30, 2022 were $7.10 billion, compared to $6.96 billion at June 30, 2022, an increase of $144.9 million. Excluding $5.7 million and $13.4 million of PPP loans at September 30, 2022 and June 30, 2022, respectively, loans outstanding were $7.10 billion at September 30, 2022, compared to $6.94 billion at June 30, 2022, an increase of $152.6 million.

(Dollars in thousands)	September 30, 2022		June 30, 2022		change from 06/30/22		% change from 06/30/22
Home equity	$	167,072	$	162,616	$	4,456	2.74	%
Installment	1,948,819		1,820,500		128,319		7.05	%
Real estate	1,171,079		1,134,763		36,316		3.20	%
Commercial (excluding PPP loans) (1)	3,807,976		3,821,686		(13,710)		(0.36)	%
PPP loans	5,715		13,428		(7,713)		(57.44)	%
Other	1,842		4,618		(2,776)		(60.11)	%
Total loans	$	7,102,503	$	6,957,611	$	144,892	2.08	%
Total loans (excluding PPP loans)	$	7,096,788	$	6,944,183	$	152,605	2.20	%

(1) Excludes $5.7 million of PPP loans at September 30, 2022 and $13.4 million of PPP loans at June 30, 2022.

PNB's allowance for credit losses increased by $836,000, or 1.0%, to $83.9 million at September 30, 2022, compared to $83.1 million at December 31, 2021. Net charge-offs were $1.2 million, or 0.02% of total average loans, for the nine months ended September 30, 2022 and were $640,000, or 0.01% of total average loans, for the year ended December 31, 2021. Refer to the “Credit Metrics and Provision for (Recovery of) Credit Losses” section for additional information regarding PNB's loan portfolio and the level of provision for (recovery of) credit losses recognized in each period presented.

Total deposits at September 30, 2022 were $8.61 billion, compared to $8.16 billion at December 31, 2021, an increase of $448.6 million, or 5.5%. Total deposits at September 30, 2022 were $8.61 billion, compared to $8.60 million at September 30, 2021, an increase of $3.1 million, or 0.04%. During the nine months ended September 30, 2022 and 2021 and the year ended December 31, 2021, Park made the decision to continue participation in two programs to transfer deposits off balance sheet in order to manage growth of the balance sheet, as deposits increased significantly throughout the COVID-19 pandemic. At September 30, 2022, December 31, 2021 and September 30, 2021, Park had $766.2 million, $983.1 million and $818.3 million, respectively, in deposits which were off-balance sheet. Total deposits would have increased $231.7 million, or 2.5%, compared to December 31, 2021 had the $766.2 million and $983.1 million in deposits remained on the balance sheet at the respective dates. Total deposits would have decreased $49.1 million, or 0.5%, compared to September 30, 2021 had the $766.2 million and $818.3 million in deposits remained on the balance sheet at the respective dates. The table below breaks out the change in deposit balances, by deposit type.

(Dollars in thousands)	September 30, 2022		December 31, 2021		September 30, 2021		change from 12/31/21		% change from 12/31/21		change from 09/30/21		% change from 09/30/21
Non-interest bearing deposits	$	3,435,307	$	3,320,413	$	3,221,859	$	114,894	3.5	%	$	213,448	6.6	%
Transaction accounts	1,989,340		1,502,876		1,620,375		486,464		32.4	%	368,965		22.8	%
Savings	2,568,404		2,622,771		3,035,734		(54,367)		(2.1)	%	(467,330)		(15.4)	%
Certificates of deposit	613,222		711,660		725,203		(98,438)		(13.8)	%	(111,981)		(15.4)	%
Total deposits	$	8,606,273	$	8,157,720	$	8,603,171	$	448,553	5.5	%	$	3,102	—	%
Off balance sheet deposits	766,184		983,053		818,340		(216,869)		(22.1)	%	(52,156)		(6.4)	%
Total deposits including off balance sheet deposits	$	9,372,457	$	9,140,773	$	9,421,511	$	231,684	2.5	%	$	(49,054)	(0.5)	%

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All Other

The table below reflects All Other net income (loss) for the first, second and third quarters of 2022, for the first nine months of each of 2022 and 2021 (the nine months ended September 30) and for the years ended December 31, 2021 and 2020.

(In thousands)	Q3 2022		Q2 2022		Q1 2022		Nine months YTD 2022		Nine months YTD 2021		2021		2020
Net interest (expense) income	$	(1,207)	$	528	$	(1,686)	$	(2,365)	$	(1,409)	$	1,495	$	1,255
Recovery of credit losses (1)	(45)		(366)		(58)		(469)		(3,253)		(3,362)		(18,759)
Other income	17,776		1,938		409		20,123		2,480		3,142		1,433
Other expense	3,833		3,834		3,157		10,824		12,393		16,840		17,657
Net income (loss) before income tax benefit	$	12,781	$	(1,002)	$	(4,376)	$	7,403	$	(8,069)	$	(8,841)	$	3,790
Income tax expense (benefit)	2,228		(386)		(1,783)		59		(2,997)		(3,325)		(403)
Net income (loss)	$	10,553	$	(616)	$	(2,593)	$	7,344	$	(5,072)	$	(5,516)	$	4,193

(1) Park adopted ASU 2016-13 effective January 1, 2021. The allowance for credit losses and the related recovery of credit losses for all periods subsequent to the date of adoption were calculated utilizing this new guidance.

The net interest (expense) income for All Other included, for all periods presented, interest income on subordinated debt investments in PNB, which were eliminated in the consolidated Park National Corporation totals, as well as interest income on GFSC loans and SEPH impaired loan relationships. The net interest (expense) income for All Other included interest expense on $175.0 million aggregate principal amount of 4.50% Fixed-to-Floating Rate Subordinated Notes due 2030 issued by Park in August 2020 (the "Park Subordinated Notes").

Net interest (expense) income reflected net interest expense of $2.4 million for the nine months ended September 30, 2022, compared to $1.4 million for the nine months ended September 30, 2021. The change was largely the result of a decrease of $371,000 in loan interest income related to payment collections at SEPH, and a decrease of $791,000 in net interest income from GFSC, partially offset by a decrease in interest expense on borrowings of $196,000 mainly related to the Park Subordinated Notes.

Refer to the “Credit Metrics and Provision for (Recovery of) Credit Losses” section for additional information regarding the All Other loan portfolio and the level of recovery of credit losses recognized in each period presented.

All Other had other income of $20.1 million for the nine months ended September 30, 2022, compared to $2.5 million for the nine months ended September 30, 2021. The change was largely due to a $12.0 million increase in income from an OREO valuation markup, a $5.6 million increase in gain on the sale of OREO, net, a $771,000 increase in income from bank owned life insurance, mainly related to a death benefit payout, and a $222,000 increase in gain (loss) on equity securities, net, which went from a $361,000 gain for the nine months ended September 30, 2021 to a $584,000 gain for the nine months ended September 30, 2022. The forgoing increases were partially offset by $594,000 decrease in income due to an OREO devaluation and a $516,000 decrease in income related to Partnership Investments, which went from a $767,000 gain for the nine months ended September 30, 2021 to a $251,000 gain for the nine months ended September 30, 2022.

All Other had other expense of $10.8 million for the nine months ended September 30, 2022, compared to $12.4 million for the nine months ended September 30, 2021. The decrease was largely due to a $428,000 decrease in occupancy expense, a $316,000 decrease in salaries expense, a $305,000 decrease in professional fees and services, and a $278,000 decrease in other insurance expense.

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The table below provides certain balance sheet information for All Other as of or for the nine months ended September 30, 2022 and 2021 and the year ended December 31, 2021.

(Dollars in thousands)	September 30, 2022		December 31, 2021		September 30, 2021		% change from 12/31/21		% change from 9/30/21
Loans	$	743	$	2,187	$	3,172	(66.03)	%	(76.58)	%
Allowance for credit losses	14		86		137		(83.72)	%	(89.78)	%
Net loans	729		2,101		3,035		(65.30)	%	(75.98)	%
Total assets	38,403		22,037		21,150		74.27	%	81.57	%
Average assets (1)	30,137		32,692		34,237		(7.82)	%	(11.98)	%

(1) Average assets for the nine months ended September 30, 2022 and 2021, and the year ended December 31, 2021.

Park National Corporation

The table below reflects Park's consolidated net income for the first, second and third quarters of 2022, for the first nine months of each of 2022 and 2021 (the nine months ended September 30) and for the years ended December 31, 2021 and 2020.

(In thousands)	Q3 2022		Q2 2022		Q1 2022		Nine months YTD 2022		Nine months YTD 2021		2021		2020
Net interest income	$	90,828	$	83,939	$	77,686	$	252,453	$	246,187	$	329,893	$	327,630
Provision for (recovery of) credit losses (1)	3,190		2,991		(4,605)		1,576		(6,923)		(11,916)		12,054
Other income	46,694		31,193		31,656		109,543		97,738		129,944		125,664
Other expense	82,903		70,048		67,373		220,324		207,754		283,518		286,595
Income before income taxes	$	51,429	$	42,093	$	46,574	$	140,096	$	143,094	$	188,235	$	154,645
Income tax expense	9,361		7,769		7,699		24,829		25,697		34,290		26,722
Net income	$	42,068	$	34,324	$	38,875	$	115,267	$	117,397	$	153,945	$	127,923

(1) Park adopted ASU 2016-13 effective January 1, 2021. The allowance for credit losses and the related provision for (recovery of) credit losses for all periods subsequent to the date of adoption were calculated utilizing this new guidance.

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Net Interest Income

Park’s principal source of earnings is net interest income, the difference between total interest income and total interest expense. Net interest income results from average balances outstanding for interest earning assets and interest bearing liabilities in conjunction with the average rates earned and paid on them.

Comparison for the Third Quarters of 2022 and 2021

Net interest income increased by $9.2 million, or 11.3%, to $90.8 million for the third quarter of 2022, compared to $81.6 million for the third quarter of 2021. See the discussion under the table below.

 

	Three months ended  September 30, 2022						Three months ended  September 30, 2021
(Dollars in thousands)	Average balance		Interest		Tax equivalent  yield/cost		Average balance		Interest		Tax equivalent  yield/cost
Loans (1)	$	7,039,040	$	83,677	4.72	%	$	6,956,064	$	78,304	4.47	%
Taxable investments	1,528,169		10,319		2.68	%	1,121,281		4,904		1.74	%
Tax-exempt investments (2)	424,643		3,700		3.46	%	277,810		2,569		3.67	%
Money market instruments	573,858		3,180		2.20	%	895,784		360		0.16	%
Interest earning assets	$	9,565,710	$	100,876	4.18	%	$	9,250,939	$	86,137	3.69	%
Interest bearing deposits	$	5,679,989	6,582		0.46	%	$	5,459,400	1,446		0.11	%
Short-term borrowings	196,816		306		0.62	%	273,538		187		0.27	%
Long-term debt	188,494		2,228		4.69	%	197,610		2,185		4.39	%
Interest bearing liabilities	$	6,065,299	$	9,116	0.60	%	$	5,930,548	$	3,818	0.26	%
Excess interest earning assets	$	3,500,411					$	3,320,391
Tax equivalent net interest income			$	91,760					$	82,319
Net interest spread					3.58	%					3.43	%
Net interest margin					3.81	%					3.53	%

(1) Loan interest income includes the effects of taxable equivalent adjustments using a 21% federal corporate income tax rate. The taxable equivalent adjustment was $155,000 for the three months ended September 30, 2022 and $177,000 for the same period of 2021.

(2) Interest income on tax-exempt investment securities includes the effects of taxable equivalent adjustments using a 21% federal corporate income tax rate. The taxable equivalent adjustment was $777,000 for the three months ended September 30, 2022 and $540,000 for the same period of 2021.

Average interest earning assets for the third quarter of 2022 increased by $314.8 million, or 3.4%, to $9,566 million for the third quarter of 2022, compared to $9,251 million for the third quarter of 2021. The average yield on interest earning assets increased by 49 basis points to 4.18% for the third quarter of 2022, compared to 3.69% for the third quarter of 2021.

Interest income for the three months ended September 30, 2022 and 2021 included purchase accounting accretion of $494,000 and $799,000, respectively, related to the acquisitions of NewDominion and Carolina Alliance, as well as $649,000 and $414,000, respectively, of interest income related to payments received on certain SEPH nonaccrual loan relationships, some of which are participated with PNB. Interest income for the three months ended September 30, 2022 and 2021 also included $361,000 and $4.6 million, respectively, of income related to PPP loans. Excluding the impact of the purchase accounting accretion, SEPH income, and PPP income, the yield on loans was 4.64% and 4.25% for the three months ended September 30, 2022 and 2021, respectively, and the yield on earning assets was 4.13% and 3.52% for the three months ended September 30, 2022 and 2021, respectively.

Average interest bearing liabilities for the third quarter of 2022 increased by $134.8 million, or 2.3%, to $6,065 million, compared to $5,931 million for the third quarter of 2021. The average cost of interest bearing liabilities increased by 34 basis points to 0.60% for the third quarter of 2022, compared to 0.26% for the third quarter of 2021. During the year ended December 31, 2020, Park made the decision to participate in a OWS program in order to manage growth of the balance sheet. At September 30, 2022 and 2021, Park had $766.2 million and $818.3 million, respectively, in OWS insured cash sweep deposits which were off-balance sheet. Management from time to time has elected to move these funds both on and off the balance sheet throughout the quarter due to favorable interest rate conditions and other factors. When on the balance sheet, these deposits are included in the average interest bearing liabilities and related interest expense.

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Removing the impacts of the accretion of purchase accounting adjustments related to the acquisitions of NewDominion and Carolina Alliance, the interest income related to payments on certain SEPH nonaccrual loan relationships and the interest income related to PPP loans, the net interest margin was 3.75% and 3.35% for the three months ended September 30, 2022 and 2021, respectively.

Yield on Loans: Average loan balances increased $83.0 million, or 1.2%, to $7,039 million for the third quarter of 2022, compared to $6,956 million for the third quarter of 2021. The average yield on the loan portfolio increased by 25 basis points to 4.72% for the third quarter of 2022, compared to 4.47% for the third quarter of 2021. Average loans for the third quarters of 2022 and 2021 included $9.7 million and $194.8 million, respectively, of PPP loans.

The table below shows the average balance and tax equivalent yield by type of loan for the three months ended September 30, 2022 and 2021.

	Three months ended  September 30, 2022				Three months ended  September 30, 2021
(Dollars in thousands)	Average balance		Tax equivalent  yield		Average balance		Tax equivalent  yield
Home equity loans	$	164,766	5.45	%	$	166,796	3.67	%
Installment loans	1,912,912		4.74	%	1,711,240		4.76	%
Real estate loans	1,147,402		3.85	%	1,173,116		3.69	%
Commercial loans (1)	3,808,863		4.93	%	3,901,243		4.60	%
Other	5,097		6.85	%	3,669		9.15	%
Total loans before allowance	$	7,039,040	4.72	%	$	6,956,064	4.47	%

(1) Commercial loan interest income includes the effects of taxable equivalent adjustments using a 21% federal corporate income tax rate. The taxable equivalent adjustment was $155,000 for the three months ended September 30, 2022 and $177,000 for the same period of 2021.

Loan interest income for the three months ended September 30, 2022 and 2021 included the accretion of purchase accounting adjustments related to the acquisitions of NewDominion and Carolina Alliance, interest income related to payments on certain SEPH nonaccrual loan relationships and interest income related to PPP loans. Excluding the impact of the purchase accounting accretion, SEPH income, and PPP income, (a) the yield on home equity loans was 5.40%, the yield on installment loans was unchanged at 4.74%, the yield on real estate loans was 3.82%, the yield on commercial loans was 4.80% and the yield on total loans and leases before allowance was 4.64% for the three months ended September 30, 2022; and (b) the yield on home equity loans was 3.38%, the yield on installment loans was unchanged at 4.76%, the yield on real estate loans was 3.65%, the yield on commercial loans was 4.24% and the yield on total loans and leases before allowance was 4.25% for the three months ended September 30, 2021.

Cost of Deposits: Average interest bearing deposit balances increased $220.6 million, or 4.0%, to $5,680 million for the third quarter of 2022, compared to $5,459 million for the third quarter of 2021. The average cost of funds on deposit balances increased by 35 basis points to 0.46% for the third quarter of 2022, compared to 0.11% for the third quarter of 2021.

The table below shows for the three months ended September 30, 2022 and 2021, the average balance and cost of funds by type of deposit.

	Three months ended  September 30, 2022				Three months ended  September 30, 2021
(Dollars in thousands)	Average balance		Cost of funds		Average balance		Cost of funds
Transaction accounts	$	2,197,169	0.38	%	$	1,643,234	0.02	%
Savings deposits and clubs	2,837,613		0.51	%	3,071,014		0.04	%
Time deposits	645,207		0.51	%	745,152		0.54	%
Total interest bearing deposits	$	5,679,989	0.46	%	$	5,459,400	0.11	%

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Comparison for the First Nine Months of 2022 and 2021

Net interest income increased by $6.3 million, or 2.5%, to $252.5 million for the first nine months of 2022, compared to $246.2 million for the first nine months of 2021. See the discussion under the table below.

 

	Nine months ended  September 30, 2022						Nine months ended  September 30, 2021
(Dollars in thousands)	Average balance		Interest		Tax equivalent  yield/cost		Average balance		Interest		Tax equivalent  yield/cost
Loans (1)	$	6,904,019	$	234,209	4.54	%	$	7,062,336	$	238,568	4.52	%
Taxable investments	1,469,586		24,073		2.19	%	969,628		13,760		1.90	%
Tax-exempt investments (2)	398,405		10,185		3.42	%	278,379		7,719		3.71	%
Money market instruments	357,514		3,593		1.34	%	724,561		689		0.13	%
Interest earning assets	$	9,129,524	$	272,060	3.98	%	$	9,034,904	$	260,736	3.86	%
Interest bearing deposits	$	5,292,194	9,694		0.24	%	$	5,284,664	5,102		0.13	%
Short-term borrowings	203,888		740		0.49	%	296,132		552		0.25	%
Long-term debt	188,381		6,550		4.65	%	211,857		6,746		4.26	%
Interest bearing liabilities	$	5,684,463	$	16,984	0.40	%	$	5,792,653	$	12,400	0.29	%
Excess interest earning assets	$	3,445,061					$	3,242,251
Tax equivalent net interest income			$	255,076					$	248,336
Net interest spread					3.58	%					3.57	%
Net interest margin					3.74	%					3.67	%

(1) Loan interest income includes the effects of taxable equivalent adjustments using a 21% federal corporate income tax rate. The taxable equivalent adjustment was $484,000 for the nine months ended September 30, 2022 and $528,000 for the same period of 2021.

(2) Interest income on tax-exempt investment securities includes the effects of taxable equivalent adjustments using a 21% federal corporate income tax rate. The taxable equivalent adjustment was $2.1 million for the nine months ended September 30, 2022 and $1.6 million for the same period of 2021.

Average interest earning assets for the first nine months of 2022 increased by $94.6 million, or 1.0%, to $9,130 million for the first nine months of 2022, compared to $9,035 million for the first nine months of 2021. The average yield on interest earning assets increased by 12 basis points to 3.98% for the first nine months of 2022, compared to 3.86% for the first nine months of 2021.

Interest income for the nine months ended September 30, 2022 and 2021 included purchase accounting accretion of $1.5 million and $2.7 million, respectively, related to the acquisitions of NewDominion and Carolina Alliance, as well as $3.0 million and $3.4 million, respectively, of interest income related to payments received on certain SEPH nonaccrual loan relationships, some of which are participated with PNB. Interest income for the nine months ended September 30, 2022 and 2021 also included $3.0 million and $15.5 million, respectively, of income related to PPP loans. Excluding the impact of the purchase accounting accretion, SEPH income, and PPP income, the yield on loans was 4.41% and 4.29% for the nine months ended September 30, 2022 and 2021, respectively, and the yield on earning assets was 3.89% and 3.66% for the nine months ended September 30, 2022 and 2021, respectively.

Average interest bearing liabilities for the first nine months of 2022 decreased by $108.2 million, or 1.9%, to $5,684 million, compared to $5,793 million for the first nine months of 2021. The average cost of interest bearing liabilities increased by 11 basis points to 0.40% for the first nine months of 2022, compared to 0.29% for the first nine months of 2021. During the year ended December 31, 2020, Park made the decision to participate in a OWS program in order to manage growth of the balance sheet. At September 30, 2022 and 2021, Park had $766.2 million and $818.3 million, respectively, in OWS insured cash sweep deposits which were off-balance sheet. Management from time to time has elected to move these funds both on and off the balance sheet throughout the quarter due to favorable interest rate conditions and other factors. When on the balance sheet, these deposits are included in the average interest bearing liabilities and related interest expense.

Removing the impacts of the accretion of purchase accounting adjustments related to the acquisitions of NewDominion and Carolina Alliance, the interest income related to payments on certain SEPH nonaccrual loan relationships and the interest income related to PPP loans, the net interest margin was 3.64% and 3.47% for the nine months ended September 30, 2022 and 2021, respectively.

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Yield on Loans: Average loan balances decreased $158.3 million, or 2.2%, to $6,904 million for the first nine of 2022, compared to $7,062 million for the first nine months of 2021. The average yield on the loan portfolio increased by 2 basis points to 4.54% for the first nine months of 2022, compared to 4.52% for the first nine months of 2021. Average loans for the first nine months of 2022 and 2021 included $32.3 million and $309.0 million, respectively, of PPP loans.

The table below shows the average balance and tax equivalent yield by type of loan for the nine months ended September 30, 2022 and 2021.

	Nine months ended  September 30, 2022				Nine months ended  September 30, 2021
(Dollars in thousands)	Average balance		Tax equivalent  yield		Average balance		Tax equivalent  yield
Home equity loans	$	162,371	4.38	%	$	169,892	3.79	%
Installment loans	1,778,231		4.69	%	1,684,026		4.83	%
Real estate loans	1,133,199		3.76	%	1,185,141		3.79	%
Commercial loans (1)	3,826,017		4.70	%	4,020,498		4.63	%
Other	4,201		8.01	%	2,779		12.21	%
Total loans before allowance	$	6,904,019	4.54	%	$	7,062,336	4.52	%

(1) Commercial loan interest income includes the effects of taxable equivalent adjustments using a 21% federal corporate income tax rate. The taxable equivalent adjustment was $484,000 for the nine months ended September 30, 2022 and $528,000 for the same period of 2021.

Loan interest income for the nine months ended September 30, 2022 and 2021 included the accretion of purchase accounting adjustments related to the acquisitions of NewDominion and Carolina Alliance, interest income related to payments on certain SEPH nonaccrual loan relationships and interest income related to PPP loans. Excluding the impact of the purchase accounting accretion, SEPH income, and PPP income, (a) the yield on home equity loans was 4.28%, the yield on installment loans was unchanged at 4.69%, the yield on real estate loans was 3.74%, the yield on commercial loans was 4.49% and the yield on total loans and leases before allowance was 4.41% for the nine months ended September 30, 2022; and (b) the yield on home equity loans was 3.43%, the yield on installment loans was unchanged at 4.83%, the yield on real estate loans was 3.76%, the yield on commercial loans was 4.25% and the yield on total loans and leases before allowance was 4.29% for the nine months ended September 30, 2021.

Cost of Deposits: Average interest bearing deposit balances increased $7.5 million, or 0.1%, to $5,292 million for the first nine months of 2022, compared to $5,285 for the first nine months of 2021. The average cost of funds on deposit balances increased by 11 basis points to 0.24% for the first nine months of 2022, compared to 0.13% for the first nine months of 2021.

The table below shows for the nine months ended September 30, 2022 and 2021, the average balance and cost of funds by type of deposit.

	Nine months ended  September 30, 2022				Nine months ended  September 30, 2021
(Dollars in thousands)	Average balance		Cost of funds		Average balance		Cost of funds
Transaction accounts	$	1,848,771	0.19	%	$	1,543,451	0.02	%
Savings deposits and clubs	2,766,837		0.23	%	2,947,088		0.04	%
Time deposits	676,586		0.45	%	794,125		0.65	%
Total interest bearing deposits	$	5,292,194	0.24	%	$	5,284,664	0.13	%

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Yield on Average Interest Earning Assets: The following table shows the tax equivalent yield on average interest earning assets for the nine months ended September 30, 2022 and for the years ended December 31, 2021, 2020 and 2019.

	Loans (1) (3)		Investments (2)		Money Market Instruments		Total(3)
2019 - year	5.19	%	2.76	%	2.33	%	4.70	%
2020 - year	4.71	%	2.66	%	0.26	%	4.28	%
2021 - year	4.53	%	2.22	%	0.13	%	3.86	%
2022 - first nine months	4.54	%	2.45	%	1.34	%	3.98	%

(1) Loan interest income includes the effects of taxable equivalent adjustments using a 21% federal corporate income tax rate. The taxable equivalent adjustment was $484,000 for the nine months ended September 30, 2022, and $704,000, $623,000, and $576,000 for the years ended December 31, 2021, 2020 and 2019, respectively.

(2) Interest income on tax-exempt investment securities includes the effects of taxable equivalent adjustments using a 21% federal corporate income tax rate. The taxable equivalent adjustment was $2.1 million for the nine months ended September 30, 2022, and $2.2 million, $2.2 million and $2.4 million for the years ended December 31, 2021, 2020 and 2019, respectively.

(3) Interest income for the nine months ended September 30, 2022 and for the years ended December 31, 2021, 2020 and 2019 included $3.0 million, $8.0 million, $453,000, and $256,000, respectively, related to payments received on certain SEPH nonaccrual loan relationships, some of which are participated with PNB, as well as $1.5 million, $3.3 million, $4.4 million, and $5.2 million, respectively, of the accretion of purchase accounting adjustments related to the acquisitions of NewDominion and Carolina Alliance. Interest income for the nine months ended September 30, 2022 and for the years ended December 31, 2021 and December 31, 2020 included $3.0 million, $18.0 million and $16.7 million, respectively, of income related to PPP loans. Excluding all of these sources of income described in the preceding sentences of this footnote, the yield on loans was 4.41%, 4.27%, 4.63%, and 5.09%, for the nine months ended September 30, 2022, and for the years ended December 31, 2021, 2020 and 2019, respectively, and the yield on earning assets was 3.89%, 3.64%, 4.20%, and 4.62%, for the nine months ended September 30, 2022 and for the years ended December 31, 2021, 2020 and 2019, respectively.

Cost of Average Interest Bearing Liabilities: The following table shows the cost of funds on average interest bearing liabilities for the nine months ended September 30, 2022 and for the years ended December 31, 2021, 2020 and 2019.

	Interest bearing deposits (1)		Short-term borrowings		Long-term debt		Total (1)
2019 - year	1.01	%	1.15	%	2.77	%	1.12	%
2020 - year	0.41	%	0.40	%	3.55	%	0.52	%
2021 - year	0.12	%	0.27	%	4.32	%	0.28	%
2022 - first nine months	0.24	%	0.49	%	4.65	%	0.40	%

(1) Interest expense for the nine months ended September 30, 2022 and the years ended December 31, 2021, 2020 and 2019 included $6,000, $46,000, $226,000, and $593,000, respectively, of the accretion of purchase accounting adjustments related to the acquisitions of NewDominion and Carolina Alliance. Excluding this income, for the nine months ended September 30, 2022 and the years ended December 31, 2021, 2020 and 2019, the cost of funds on interest bearing deposits was 0.25%, 0.12%, 0.41%, and 1.02%, respectively, and the cost of interest bearing liabilities was 0.40%, 0.28%, 0.53%, and 1.13%, respectively.

Credit Metrics and Provision for (Recovery of) Credit Losses

The provision for (recovery of) credit losses is the amount added to/subtracted from the allowance for credit losses to ensure the allowance is sufficient to absorb estimated credit losses over the life of a loan. The amount of the provision for (recovery of) credit losses is determined by management based on relevant information about past events, including historical credit loss experience on financial assets with similar risk characteristics, current conditions, and reasonable and supportable forecasts that affect the collectability of the remaining cash flows over the contractual term of the financial assets.

The adoption of ASU 2016-13 on January 1, 2021 resulted in a $6.1 million increase to the allowance for credit losses and a $3.9 million increase to the allowance for unfunded credit losses. A cumulative effect adjustment resulting in an $8.0 million decrease to retained earnings and a $2.1 million increase to deferred tax assets was also recorded.

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The table below provides additional information on the recovery of credit losses for the three-month and the nine-month periods ended September 30, 2022 and 2021.

	Three Months Ended September 30,						Nine Months Ended September 30,
(Dollars in thousands)	2022			2021			2022			2021
Allowance for credit losses:
Beginning balance	$	81,448		$	83,577		$	83,197		$	85,675
Cumulative change in accounting principle; adoption of ASU 2016-13	—			—			—			6,090
Charge-offs (1)	1,748			1,002			5,497			3,773
Recoveries	1,071			3,582			4,685			7,060
Net charge-offs (recoveries)	677			(2,580)			812			(3,287)
Provision for (recovery of) credit losses	3,190			1,972			1,576			(6,923)
Ending balance	$	83,961		$	88,129		$	83,961		88,129
Net charge-offs (recoveries) as a % of average loans (annualized)	0.04		%	(0.15)		%	0.02		%	(0.06)		%

(1) Charge-offs for the nine-month period ended September 30, 2022 included $1.2 million in charge-offs prior to the transfer of certain commercial loans to held for sale.

The following table provides additional information related to the allowance for credit losses for Park including information related to specific reserves and general reserves, at September 30, 2022, June 30, 2022, March 31, 2022, December 31, 2021 and September 30, 2021.

Park - Allowance for Credit Losses
(Dollars in thousands)	9/30/2022			6/30/2022			3/31/2022			12/31/2021			9/30/2021
Total allowance for credit losses	$	83,961		$	81,448		$	78,861		$	83,197		$	88,129
Allowance on PCD loans	—			—			—			—			—
Specific reserves on individually evaluated loans	1,750			1,874			1,513			1,616			3,466
General reserves on collectively evaluated loans	$	82,211		$	79,574		$	77,348		$	81,581		$	84,663
Total loans	$	7,103,246		$	6,958,685		$	6,821,606		$	6,871,122		$	6,908,417
PCD loans	4,867			5,934			6,987			7,149			8,705
Individually evaluated loans	43,670			42,523			63,209			74,502			79,264
Collectively evaluated loans	$	7,054,709		$	6,910,228		$	6,751,410		$	6,789,471		$	6,820,448
Allowance for credit losses as a % of period end loans	1.18		%	1.17		%	1.16		%	1.21		%	1.28		%
Allowance for credit losses as a % of period end loans (excluding PPP loans) (1)	1.18		%	1.15		%	1.22		%	1.22		%	1.30		%
General reserve as a % of collectively evaluated loans	1.17		%	1.15		%	1.15		%	1.20		%	1.24		%
General reserve as a % of collectively evaluated loans (excluding PPP loans) (1)	1.17		%	1.15		%	1.21		%	1.21		%	1.27		%

(1) Excluded $5.7 million of PPP loans and $6,000 in related allowance at September 30, 2022; $13.4 million of PPP loans and $14,000 in related allowance at June 30, 2022; $37.4 million of PPP loans and $39,000 in related allowance at March 31, 2022; $74.4 million of PPP loans and $77,000 in related allowance at December 31, 2021; and $131.5 million of PPP loans and $136,000 related allowance at September 30, 2021.

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The allowance for credit losses of $84.0 million at September 30, 2022 represented a $2.5 million, or 3.1%, increase compared to $81.4 million at June 30, 2022. The increase was largely due to a $2.6 million increase in general reserves, taking into consideration deterioration in economic forecasts, inflationary pressures, rising interest rates, and geopolitical conflict (including the conflict between Russia and Ukraine), while balancing a decrease in risks associated with the COVID-19 pandemic, particularly in high risk loan portfolios such as hotels and accommodations, restaurants and food service and strip shopping centers.

The allowance for credit losses of $81.4 million at June 30, 2022 represented a $2.6 million, or 3.3%, increase compared to $78.9 million at March 31, 2022. The increase was largely due to a $2.2 million increase in general reserves, taking into consideration deterioration in economic forecasts, inflationary pressures, rising interest rates, and geopolitical conflict (including the conflict between Russia and Ukraine), while balancing a decrease in risks associated with the COVID-19 pandemic, particularly in high risk loan portfolios such as hotels and accommodations, restaurants and food service and strip shopping centers.

The allowance for credit losses of $78.9 million at March 31, 2022 represented a $4.3 million, or 5.2%, decrease compared to $83.2 million at December 31, 2021. The decline was largely due to a $4.2 million decrease in general reserves, taking into consideration improvement in economic forecasts and a decrease in risks associated with the COVID-19 pandemic, particularly in high risk loan portfolios such as hotels and accommodations, restaurants and food service and strip shopping centers while balancing risks associated with inflationary pressures and geopolitical conflict (including the conflict between Russia and Ukraine).

Generally, management obtains updated valuations for all nonperforming loans at least annually. As new valuation information is received, management performs an evaluation and applies a discount for anticipated disposition costs to determine the net realizable value of the collateral, which is compared against the outstanding principal balance to determine if additional write-downs are necessary.

Nonperforming Assets: Nonperforming assets include: (1) loans whose interest is accounted for on a nonaccrual basis; (2) TDRs on accrual status; (3) loans which are contractually past due 90 days or more as to principal or interest payments but whose interest continues to accrue; (4) OREO which results from taking possession of property that served as collateral for a defaulted loan; and (5) other nonperforming assets. At December 31, 2021 and September 30, 2021, other nonperforming assets consisted of aircraft acquired as part of a loan workout. There were no other nonperforming assets at September 30, 2022.

The following table compares Park’s nonperforming assets at September 30, 2022, December 31, 2021 and September 30, 2021.

(In thousands)	September 30, 2022			December 31, 2021			September 30, 2021
Nonaccrual loans	$	44,612		$	72,722		$	87,791
Accruing TDRs	19,831			28,323			18,797
Loans past due 90 days or more	790			1,607			284
Total nonperforming loans	$	65,233		$	102,652		$	106,872
OREO	1,354			775			813
Other nonperforming assets	—			2,750			3,164
Total nonperforming assets	$	66,587		$	106,177		$	110,849
Percentage of nonaccrual loans to total loans	0.63		%	1.06		%	1.27		%
Percentage of nonperforming loans to total loans	0.92		%	1.49		%	1.55		%
Percentage of nonperforming assets to total loans	0.94		%	1.55		%	1.60		%
Percentage of nonperforming assets to total assets	0.68		%	1.11		%	1.10		%

Included in the OREO totals above were $1.4 million of SEPH OREO at September 30, 2022, and $594,000 of SEPH OREO at both December 31, 2021 and September 30, 2021.

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Park classifies loans as nonaccrual when a loan (1) is maintained on a cash basis because of deterioration in the financial condition of the borrower, (2) payment in full of principal or interest is not expected, or (3) principal or interest has been in default for a period of 90 days for commercial loans and 120 days for all other loans. As a result, loans may be classified as nonaccrual despite being current with their contractual terms. The following table details the delinquency status of nonaccrual loans at September 30, 2022, December 31, 2021 and September, 2021. Loans are classified as current if they are less than 30 days past due.

	September 30, 2022				December 31, 2021				September 30, 2021
(In thousands)	Balance		Percent of Total Loans		Balance		Percent of Total Loans		Balance		Percent of Total Loans
Nonaccrual loans - current	$	28,472	0.40	%	$	53,259	0.78	%	$	67,722	0.98	%
Nonaccrual loans - past due	16,140		0.23	%	19,463		0.28	%	20,069		0.29	%
Total nonaccrual loans	$	44,612	0.63	%	$	72,722	1.06	%	$	87,791	1.27	%

Credit Quality Indicators: When determining the quarterly credit loss provision, Park reviews the grades of commercial loans. These loans are graded from 1 to 8. A grade of 1 indicates little or no credit risk and a grade of 8 is considered a loss. Commercial loans that are pass-rated (graded an 1 through a 4) are considered to be of acceptable credit risk. Commercial loans graded a 5 (special mention) are considered to be watch list credits and a higher PD is applied to these loans. Commercial loans graded a 6 (substandard), also considered to be watch list credits, represent higher credit risk than those rated special mention and, as a result, a higher PD is applied to these loans. Commercial loans that are graded a 7 (doubtful) are shown as nonperforming and Park charges these loans down to their fair value by taking a partial charge-off or recording a specific reserve. Certain 6-rated loans and all 7-rated loans are placed on nonaccrual status and included within the individually evaluated category. Any commercial loan graded an 8 (loss) is completely charged-off.

The following table highlights the credit trends within the commercial loan portfolio.

Commercial loans * (In thousands)	September 30, 2022		December 31, 2021		September 30, 2021
Pass-rated	$	3,694,468	$	3,712,784	$	3,676,310
Special mention	77,156		75,397		92,659
Substandard	2,224		—		39
Individually evaluated for impairment	43,670		74,502		79,264
Accruing PCD	4,648		6,630		8,187
Total	$	3,822,166	$	3,869,313	$	3,856,459

* Commercial loans include (1) Commercial, financial and agricultural loans, (2) Commercial real estate loans, (3) Commercial related loans in the construction real estate portfolio, (4) Commercial related loans in the residential real estate portfolio and (5) Leases.

Park had $77.2 million of collectively evaluated commercial loans included on the watch list at September 30, 2022, compared to $75.4 million at December 31, 2021, and $92.7 million at September 30, 2021. The existing conditions of these loans do not warrant classification as nonaccrual. However, these loans have shown some weakness and management performs additional analysis regarding each borrower's ability to comply with payment terms.

The $77.2 million of collectively evaluated commercial watch list loans as of September 30, 2022 was elevated compared to pre-pandemic levels, an increase of $50.4 million compared to $26.8 million at March 31, 2020. This $50.4 million increase was largely due to $34.0 million of hotels and accommodations loans that were downgraded to special mention as a result of the impact of COVID-19 and a $22.7 million downgrade to a special mention credit related to a loan to a non-bank consumer finance company, partially offset by problem loan resolutions. Park continues to closely monitor the impact of COVID-19 and related economic recovery on its borrowers' ability to repay their loans in accordance with contractual terms. As additional information becomes available, management will continue to evaluate loans to ensure appropriate risk classification.

Individually Evaluated Loans: Loans that do not share risk characteristics are evaluated on an individual basis. Park has determined that any commercial loans which have been placed on nonaccrual status or classified as TDRs will be individually evaluated. Individual analysis will establish a specific reserve for loans in scope.  Specific reserves on individually evaluated commercial loans are typically based on management’s best estimate of the fair value of collateral securing these loans. The amount ultimately charged off for these loans may be different from the specific reserve as the ultimate liquidation of the collateral may be for an amount different from management’s estimate.

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Individually evaluated commercial loans were $43.7 million at September 30, 2022, a decrease of $30.8 million, compared to $74.5 million at December 31, 2021 and a decrease of $35.6 million, compared to $79.3 million at September 30, 2021. The $43.7 million of individually evaluated commercial loans at September 30, 2022 included $10.9 million of loans modified in a TDR which are currently on accrual status and performing in accordance with the restructured terms, down from $17.5 million at December 31, 2021.

At September 30, 2022, Park had taken partial charge-offs of $795,000 related to the $43.7 million of individually evaluated commercial loans, compared to partial charge-offs of $624,000 related to the $74.5 million of individually evaluated commercial loans at December 31, 2021.

Loans Acquired with Deteriorated Credit Quality: In conjunction with the NewDominion acquisition, Park acquired loans with a book value of $277.9 million as of the July 1, 2018 acquisition date. These loans were recorded at the initial fair value of $272.8 million. Loans acquired with deteriorated credit quality (ASC 310-30) with a book value of $5.1 million were recorded at the initial fair value of $4.9 million. In conjunction with the Carolina Alliance acquisition, Park acquired loans and leases with a book value of $589.7 million as of the April 1, 2019 acquisition date. These loans and leases were recorded at the initial fair value of $578.6 million. Loans and leases acquired with deteriorated credit quality (ASC 310-30) with a book value of $19.9 million were recorded at the initial fair value of $18.4 million

Upon adoption of CECL on January 1, 2021, $52,000 of the credit discount on PCD loans were reclassified to the allowance for credit losses. PCD loans are individually evaluated on a quarterly basis to determine if a specific reserve is necessary. At both September 30, 2022 and December 31, 2021, there was no allowance for credit losses on PCD loans. The carrying amount of loans acquired with deteriorated credit quality at September 30, 2022 and December 31, 2021 was $4.9 million and $7.1 million, respectively.

Allowance for Credit Losses: The allowance for credit losses is calculated on a quarterly basis. The methodology for calculating the ACL and assumptions made as of September 30, 2022 are detailed below.

Quantitative Considerations

The ACL is primarily calculated utilizing a DCF model. Key inputs and assumption used in this model are discussed below:

•Forecast model - For each portfolio segment, a LDA was performed in order to identify appropriate loss drivers and create a regression model for use in forecasting cash flows. The LDA analysis utilized Park's own FFIEC Call Report data for the commercial, financial and agricultural and residential real estate portfolio segments. Peer data was incorporated into the analysis for the commercial real estate, construction real estate, and consumer portfolio segments. Park plans to update the LDA annually; however, due to the impact of COVID-19, the LDA analysis was last updated in the fourth quarter of 2019.

•Probability of default – PD is the probability that an asset will be in default within a given time frame. Park has defined default to be when a charge-off has occurred, a loan is nonaccrual, or a loan is greater than 90 days past due. Whenever possible, Park utilizes its own loan-level PDs for the reasonable and supportable forecast period. When loan level-data is not available reflecting the forecasted economic conditions, a forecast model is utilized to estimate PDs.

•Loss given default – LGD is the percentage of the asset not expected to be collected due to default. Whenever possible, Park utilizes its own loan-level LGDs for the reasonable and supportable forecast period. When it is not possible to use Park's own LGDs, the LGD is derived using a method referred to as Frye Jacobs.

•Prepayments and curtailments – Prepayments and curtailments are calculated based on Park’s own data utilizing a three-year average. This analysis is updated annually in the fourth quarter and was last updated in the fourth quarter of 2021.

•Forecast and reversion – Park has established a one-year reasonable and supportable forecast period with a one-year straight line reversion to the long-term historical average.

•Economic forecast - Park utilizes a third party to provide economic forecasts under various scenarios, which are weighted in order to reflect model risk in the current economic environment. The scenario weighting is evaluated by management on a quarterly basis.

◦As of December 31, 2021, the "most likely" scenario forecasted Ohio unemployment between 3.32% and 3.97% during the next four quarters. In determining the appropriate weighting of scenarios at December 31, 2021, management considered the range of forecasted unemployment as well as a number of economic indicators. While some economic indications continued to be optimistic, the Omicron variant, rising inflation, volatility in consumer confidence, employment, supply chain and workforce challenges continued to cause uncertainty in the overall economic environment. Considering these factors, management determined it was

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appropriate to weigh the "most likely" scenario 50% and the "moderate recession" scenario 50% at December 31, 2021.

◦As of March 31, 2022, the "most likely" scenario forecasted Ohio unemployment between 3.36% and 3.75% during the next four quarters. In determining the appropriate weighting of scenarios at March 31, 2022, management considered the range of forecasted unemployment as well as a number of economic indicators. While some economic indications were optimistic, the surging inflation, volatility in consumer confidence, workforce challenges, and geopolitical conflict (including the conflict between Russia and Ukraine) continued to cause uncertainty in the overall economic environment. Considering these factors, management determined it was appropriate to maintain the previous quarter's weighting, and weigh the "most likely" scenario 50% and the "moderate recession" scenario 50% at March 31, 2022. Improved forecasts, largely in the "moderate recession" scenario, resulted in a 4 basis point decline in the weighted quantitative allowance.

◦As of June 30, 2022, the "most likely" scenario forecasted Ohio unemployment between 3.36% and 3.57% during the next four quarters. In determining the appropriate weighting of scenarios at June 30, 2022, management considered the range of forecasted unemployment as well as a number of economic indicators. While some economic indications were optimistic, the surging inflation, declining consumer confidence, rising interest rates, geopolitical conflict (including the conflict between Russia and Ukraine), and workforce and supply chain challenges continued to cause uncertainty to the overall economic environment. Considering these factors, management determined it was appropriate to maintain the previous quarter's weighting, and weigh the "most likely" scenario 50% and the "moderate recession" scenario 50% at June 30, 2022. Deteriorating forecasts, largely in the "moderate recession" scenario, resulted in a 4 basis point increase in the weighted quantitative allowance.

◦As of September 30, 2022, the "most likely" scenario forecasted Ohio unemployment between 3.86% and 4.05% during the next four quarters. In determining the appropriate weighting of scenarios at September 30, 2022, management considered the range of forecasted unemployment as well as a number of economic indicators. The continued high inflation, low consumer confidence, rising interest rates, geopolitical conflict (including the conflict between Russia and Ukraine), and workforce and supply chain challenges continued to cause uncertainty to the overall economic environment. Considering these factors, management determined it was appropriate to maintain the previous quarter's weighting, and weigh the "most likely" scenario 50% and the "moderate recession" scenario 50% at September 30, 2022. Deteriorating forecasts, largely in the "moderate recession" scenario, resulted in a 4 basis point increase in the weighted quantitative allowance.

Qualitative Considerations

Park reviews various internal and external factors to consider the need for any qualitative adjustments to the quantitative model. Factors considered include the following:

•The nature and volume of Park’s financial assets; the existence, growth, and effect of any concentrations of credit and the volume and severity of past due financial assets, the volume of nonaccrual assets, and the volume and severity of adversely classified or graded assets. Specifically, management considers:

◦Trends (e.g., growth, reduction) in specific categories of the loan portfolio, as well as adjustments to the types of loans offered by Park.

◦Level of and trend in loan delinquencies, troubled loans, commercial watch list loans and nonperforming loans.

◦Level of and trend in new nonaccrual loans.

◦Level of and trend in loan charge-offs and recoveries.

•Park's lending policies and procedures, including changes in lending strategies, underwriting standards and practices for collections, write-offs and recoveries.

•The quality of Park’s credit review function.

•The experience, ability, and depth of Park’s lending, investment, collection, and other relevant management and staff.

•The effect of other external factors such as the regulatory, legal and technological environments; competition; geopolitical conflict; and events such as natural disasters or pandemics.

•Actual and expected changes in international, national, regional and local economic and business conditions and developments in the markets in which Park operates that affect the collectibility of financial assets.

•Where the U.S. economy is within a given credit cycle.

•The extent that there is government assistance (stimulus).

During 2020, Park added an additional reserve for three industries at particularly high risk due to the COVID-19 pandemic: hotels and accommodations; restaurants and food service; and strip shopping centers. These industries have experienced high levels of deferrals and have been particularly impacted by shut downs of non-essential businesses, increased health department regulations, and changes in consumer behavior. Management expects that a relatively higher percentage of the 4-rated credits in these portfolios will eventually migrate to special mention, substandard, or doubtful. In adopting CECL, management

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determined it was appropriate to retain this qualitative adjustment as this adjustment takes into account the additional risk in these portfolios, which is not captured in the quantitative calculation. Even though COVID-19 case numbers have declined since December 31, 2021, these industries are still recovering from the pandemic effects. As of September 30, 2022, additional reserves totaling $1.4 million were added for these portfolios on top of the quantitative reserve already calculated. This was a decrease from $5.2 million as of December 31, 2021 and reflected improvement in COVID-19 cases, eased COVID-19 health department precautions and improving affected industry performance. Management believes there is still residual risk in these portfolios related to pandemic effects and uncertainty in future COVID-19 strains and related impacts.

A breakout of the 4-rated balances within these portfolios and the additional reserve related to these portfolios is detailed in the following table.

	September 30, 2022				December 31, 2021
(in thousands)	4-Rated Balance		Additional Reserve		Pass Rated Balance		Additional Reserve
Hotels and accommodations	$	182,806	$	687	$	148,018	$	2,226
Restaurants and food service	49,500		279		40,648		917
Strip shopping centers	168,144		464		184,171		2,033
Total	$	400,450	$	1,430	$	372,837	$	5,176

Additionally, at September 30, 2022, management applied a 0.50% reserve to all hotels and accommodations loans in the collectively evaluated population to account for increased valuation risk. This 0.50% reserve was reduced from 0.75% at June 30, 2022 and 1.00% at December 31, 2021. At September 30, 2022, Park's collectively evaluated hotels and accommodation loans had a balance of $218.0 million with an additional reserve related to valuation risks of $1.1 million. At December 31, 2021, Park's collectively evaluated hotels and accommodation loans had a balance of $203.9 million with an additional reserve related to valuation risks of $2.0 million.

As of September 30, 2022, Park had $5.7 million of PPP loans which were included in the commercial, financial and agricultural portfolio segment. These loans are guaranteed by the SBA and thus have not been reserved for using the same methodology as the rest of Park’s loan portfolio. A 10 basis point reserve was calculated for these loans to reflect minimal credit risk.

Other Income

Other income increased by $14.3 million to $46.7 million for the quarter ended September 30, 2022, compared to $32.4 million for the third quarter of 2021 and increased $11.8 million to $109.5 million for the first nine months of 2022, compared to $97.7 million for the first nine months of 2021.

The increase for the three months ended September 30, 2022 compared to the three months ended September 30, 2021 was primarily due to increases in service charges on deposit accounts, gain on sale of OREO, net, income from an OREO valuation markup, and other components of net periodic pension benefit income, partially offset by decreases in income from fiduciary activities, other service income, and gain on equity securities, net.

The increase for the nine months ended September 30, 2022 compared to the nine months ended September 30, 2021 was primarily due to increases in service charges on deposit accounts, bank owned life insurance income, gain on sale of OREO, net, income from an OREO valuation markup, and other components of net periodic pension benefit income, partially offset by a decrease in other service income and miscellaneous income.

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The following table is a summary of the changes in the components of other income:

 

	Three months ended September 30,						Nine months ended September 30,
(In thousands)	2022		2021		Change		2022		2021		Change
Income from fiduciary activities	$	8,216	$	8,820	$	(604)	$	25,872	$	25,562	$	310
Service charges on deposit accounts	2,859		2,389		470		7,496		6,475		1,021
Other service income	2,956		6,668		(3,712)		12,715		23,444		(10,729)
Debit card fee income	6,514		6,453		61		19,371		19,297		74
Bank owned life insurance income	1,185		1,462		(277)		4,734		3,776		958
ATM fees	610		622		(12)		1,725		1,807		(82)
Gain (loss) on sale of OREO, net	5,607		3		5,604		5,611		(26)		5,637
OREO valuation markup	12,009		—		12,009		12,039		13		12,026
Gain on equity securities, net	58		609		(551)		3,120		2,886		234
Other components of net periodic pension benefit income	3,027		2,038		989		9,081		6,114		2,967
Miscellaneous	3,653		3,347		306		7,779		8,390		(611)
Total other income	$	46,694	$	32,411	$	14,283	$	109,543	$	97,738	$	11,805

Income from fiduciary activities decreased by $604,000, or 6.8%, to $8.2 million for the three months ended September 30, 2022, compared to $8.8 million for the same period of 2021 and increased $310,000, or 1.2%, to $25.9 million for the nine months ended September 30, 2022 compared to $25.6 million for the same period in 2021. The majority of fiduciary fees are calculated on a lag, based on the market value of the assets under management. The average market value of assets under management for the three months ended September 30, 2022 was $7,062 million compared to $7,557 million for the same period in 2021. The average market value of assets under management for the first nine months of 2022 was $7,216 million compared to $7,358 million for the same period in 2021.

Service charges on deposit accounts increased by $470,000, or 19.7%, to $2.9 million for the three months ended September 30, 2022, compared to $2.4 million for the same period of 2021 and increased $1.0 million, or 15.8%, to $7.5 million for the nine months ended September 30, 2022, compared to $6.5 million for the same period of 2021. The increases for both the three-month and the nine-month periods ended September 30, 2022 compared to September 30, 2021 were primarily due to an increase in NSF income and monthly maintenance fees on business accounts.

Other service income decreased by $3.7 million, or 55.7%, to $3.0 million for the three months ended September 30, 2022, compared to $6.7 million for the same period of 2021. The primary reason for the decrease for the three months ended September 30, 2022 compared to the same period of 2021 was a decrease in fee income related to mortgage loan originations to be sold in the secondary market of $3.4 million and a decrease in mortgage servicing rights income of $526,000, which were partially offset by an increase in investor rate locks and mortgage loans held for sale income of $187,000. Mortgage origination volume decreased by $69.4 million, or 31.0%, to $154.1 million for the three months ended September 30, 2022 from $223.5 million for the three months ended September 30, 2021.

Other service income decreased by $10.7 million, or 45.8%, to $12.7 million for the nine months ended September 30, 2022, compared to $23.4 million for the same period of 2021. The primary reasons for the decrease for the nine months ended September 30, 2022 compared to the same period of 2021 were a decrease in fee income related to mortgage loan originations to be sold in the secondary market of $11.1 million and a decrease in mortgage servicing rights income of $1.5 million, which were partially offset by an increase in investor rate locks and mortgage loans held for sale income of $1.3 million and a $247,000 increase in commercial loan fee income. Mortgage origination volume decreased by $318.0 million, or 40.6%, to $466.0 million for the nine months ended September 30, 2022 from $784.0 million for the nine months ended September 30, 2021.

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Bank owned life insurance income decreased by $277,000, or 18.9%, to $1.2 million for the three months ended September 30, 2022, compared to $1.5 million for the same period of 2021 and increased $958,000, or 25.4%, to $4.7 million for the nine months ended September 30, 2022, compared to $3.8 million for the same period of 2021. The decrease for the three months ended September 30, 2022 compared to the same period in 2021 was due to a decrease in death benefit income of $335,000. The increase for the nine-month period ended September 30, 2022 compared to September 30, 2021 was due to an increase in death benefit income of $850,000.

Gain (loss) on sale of OREO, net increased by $5.6 million to a net gain on sale of OREO of $5.6 million for the three months ended September 30, 2022 compared to a net gain on sale of OREO of $3,000 for the three months ended September 30, 2021 and increased $5.6 million to a net gain on sale of OREO of $5.6 million for the nine months ended September 30, 2022 compared to a net loss on the sale of OREO of $26,000 for the same period in 2021. A $5.6 million gain on the sale of OREO, net, was recognized during the three months and the nine months ended September 30, 2022 related to former Vision Bank relationships. There was no gain on the sale of OREO, net, related to former Vision Bank relationships during the three months and the nine months ended September 30, 2021.

OREO valuation markup income increased by $12.0 million to $12.0 million for both the three months and the nine months ended September 30, 2022 compared to $13,000 for the nine months ended September 30, 2021. There was no OREO valuation market income recognized in the three months ended September 30, 2021. The $12.0 million OREO valuation markup during the three months and the nine months ended September 30, 2022 related to the foreclosure and subsequent sale of a property collateralizing a former Vision Bank relationship. There was no OREO valuation markup related to former Vision Bank relationships during the three months and the nine months ended September 30, 2021.

Gain on equity securities, net, decreased $551,000, to a net gain of $58,000 for the three months ended September 30, 2022, compared to a net gain of $609,000 for the same period in 2021 and increased $234,000 to a net gain of $3.1 million for the nine months ended September 30, 2022 compared to a net gain of $2.9 million for the same period in 2021. The $551,000 decrease for the three months ended September 30, 2022 was related to a $136,000 decrease in gain (loss) on other equity securities which went from a $97,000 gain for the three months ended September 30, 2021 to a $39,000 loss for the three months ended September 30, 2022 and a $415,000 decrease in the gain on equity securities held at NAV, declining from a $512,000 gain for the three months ended September 30, 2021 to a $97,000 gain for the three months ended September 30, 2022. The $234,000 increase for the nine months ended September 30, 2022 was related to a $4,000 decrease in gain (loss) on other equity securities which went from a $492,000 gain for the nine months ended September 30, 2021 to a $488,000 gain for the nine months ended September 30, 2022, and a $238,000 increase in the gain on equity securities held at NAV, which went from a $2.4 million gain for the nine months ended September 30, 2021 to a $2.6 million gain for the nine months ended September 30, 2022.

Other components of net periodic pension benefit income increased $1.0 million to $3.0 million for the three months ended September 30, 2022 compared to $2.0 million for the same period in 2021, and increased $3.0 million, to $9.1 million for the nine months ended September 30, 2022 compared to $6.1 million for the nine months ended September 30, 2021. The increases for both the three-month and the nine-month periods were largely due to an increase in the expected return on plan assets as a result of the increased value of plan assets as well as a decrease in the amortization of unrecognized net actuarial losses.

Miscellaneous income increased $306,000, or 9.1%, to $3.7 million for the three months ended September 30, 2022, compared to $3.3 million for the same period of 2021 and decreased $611,000, or 7.3%, to $7.8 million for the nine months ended September 30, 2022 compared to $8.4 million for the same period of 2021. The increase for the three-month period ended September 30, 2022 compared to the same period of 2021 was primarily a result of an increase in annual Visa incentive earned, an increase in fees earned on off-balance sheet deposit accounts, and a gain on sale of loans, partially offset by decreases in brokerage income, printed check sales income, operating lease rent and wire transfer fees. The decrease for the nine months ended September 30, 2022 compared to the same period of 2021 was primarily the result of decreases in brokerage income, printed check sales income, operating lease rent, wire transfer fees, and an increase in OREO devaluations, partially offset by gains on sale of loans and assets, an increase in annual Visa incentive earned, and an increase in fees earned on off-balance sheet deposit accounts.

Other Expense

Other expense increased by $14.4 million to $82.9 million for the three months ended September 30, 2022 compared to $68.5 million for the same period of 2021 and increased $12.5 million to $220.3 million for the nine months ended September 30, 2022, compared to $207.8 million for the nine months ended September 30, 2021.

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The following table is a summary of the changes in the components of other expense:

	Three months ended September 30,						Nine months ended September 30,
(In thousands)	2022		2021		Change		2022		2021		Change
Salaries	$	37,889	$	29,433	$	8,456	$	99,462	$	89,632	$	9,830
Employee benefits	9,897		10,640		(743)		30,595		30,897		(302)
Occupancy expense	3,455		3,211		244		9,709		9,878		(169)
Furniture and equipment expense	2,912		2,797		115		8,783		8,163		620
Data processing fees	8,170		7,817		353		24,090		22,679		1,411
Professional fees and services	8,359		6,973		1,386		20,992		19,610		1,382
Marketing	1,595		1,574		21		3,931		4,355		(424)
Insurance	1,237		1,403		(166)		3,887		4,370		(483)
Communication	1,098		796		302		2,923		2,688		235
State tax expense	1,186		1,113		73		3,545		3,324		221
Amortization of intangible assets	341		420		(79)		1,146		1,378		(232)
Foundation contribution	4,000		—		4,000		4,000		4,000		—
Miscellaneous	2,764		2,312		452		7,261		6,780		481
Total other expense	$	82,903	$	68,489	$	14,414	$	220,324	$	207,754	$	12,570

Salaries increased by $8.5 million, or 28.7%, to $37.9 million for the three months ended September 30, 2022, compared to $29.4 million for the same period in 2021. The increase for the three months ended September 30, 2022 compared to the same period of 2021 was due to an increase of $2.2 million in base salary expense, an increase in additional compensation expense of $3.6 million, which primarily related to payment of $1.8 million in one-time bonuses and an accrual of $1.5 million for future one-time bonuses for additional associates, and an increase in officer incentive compensation of $2.5 million, compared to the three months ended September 30, 2021.

Salaries increased by $9.9 million, or 11.0%, to $99.5 million for the nine months ended September 30, 2022, compared to $89.6 million for the same period in 2021. The increase for the nine months ended September 30, 2022, was due to an increase of $4.9 million in base salary expense, an increase in additional compensation expense of $2.6 million, which primarily related to payment of $1.8 million in one-time bonuses and an accrual of $1.5 million for future one-time bonuses for additional associates, and an increase in officer incentive compensation of $1.5 million, compared to the nine months ended September 30, 2021.

Employee benefits decreased $743,000, or 7.0%, to $9.9 million for the three months ended September 30, 2022, compared to $10.6 million for the same period in 2021, and decreased $302,000, or 1.0%, to $30.6 million for the nine months ended September 30, 2022 compared to $30.9 million for nine months ended September 30, 2021. The $743,000 decrease for the three months ended September 30, 2022 compared to the same period in 2021 was primarily due to a reduction in group insurance costs of $1.6 million partially offset by increased payroll tax expense of $529,000 and a $257,000 increase in Park's KSOP match. The $302,000 decrease for the nine months ended September 30, 2022 compared to the same period in 2021 was primarily due to a reduction in group insurance costs of $1.7 million, partially offset by increased payroll tax expense of $808,000 and a $414,000 increase in Park's KSOP match.

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Furniture and equipment expense increased $115,000, or 4.1%, to $2.9 million for the three months ended September 30, 2022 compared to $2.8 million for the same period in 2021, and increased $620,000, or 7.6%, to $8.8 million for the nine months ended September 30, 2022 compared to $8.2 million for the nine months ended September 30, 2021. The increase for the three months ended September 30, 2022 compared to the three months ended September 30, 2021 was primarily related to an increase in maintenance expense and equipment purchases. The increase for the nine months ended September 30, 2022 compared to the nine months ended September 30, 2021 was primarily related to an increase in depreciation expense, maintenance expense and equipment purchases.

Data processing expense increased $353,000, or 4.5%, to $8.2 million for the three months ended September 30, 2022 compared to $7.8 million for the same period in 2021, and increased $1.4 million, or 6.2%, to $24.1 million for the nine months ended September 30, 2022 compared to $22.7 million for the nine months ended September 30, 2021. The increase for the three-month period ended September 30, 2022 compared to the same period in 2021 related to an increase in software expenses and an increase in debit card processing costs. The increase for the nine-month period ended September 30, 2022 compared to the same period in 2021 related to an increase in software expenses, partially offset by reduced debit card processing costs.

Professional fees and services expense increased $1.4 million, or 19.9%, to $8.4 million for the three months ended September 30, 2022 compared to $7.0 million for the same period in 2021, and increased $1.4 million, or 7.0%, to $21.0 million for the nine months ended September 30, 2022 compared to $19.6 million for the nine months ended September 30, 2021. The increases for both the three-month and nine-months periods ended September 30, 2022 compared to the periods ended September 30, 2021 related to an increase in management consulting fees, mostly related to direct expenses related to the collection of payments on former Vision Bank loan relationships, as well as increases in director fees and recruiting fees.

Insurance expense decreased $166,000, or 11.8%, to $1.2 million for the three months ended September 30, 2022 compared to $1.4 million for the same period in 2021, and decreased $483,000, or 11.1%, to $3.9 million for the nine months ended September 30, 2022 compared to $4.4 million for the nine months ended September 30, 2021. The decreases for both the three-month and the nine-month periods ended September 30, 2022 compared to the periods ended September 30, 2021 related to a decrease in FDIC assessments.

The Foundation contribution increase for the three months ended September 30, 2022, compared to the same period of 2021, was due to a $4.0 million contribution being made to Park's charitable foundation during the three months ended September 30, 2022. The Foundation contribution for the nine months ended September 30, 2021 was made in second quarter of 2021.

The subcategory "miscellaneous" other expense includes expenses for supplies, travel and other miscellaneous expense. The subcategory miscellaneous other expense increased $452,000, or 19.6%, to $2.8 million for the three-month period ended September 30, 2022, compared to the same period in 2021, and increased $481,000, or 7.1%, to $7.3 million for the nine months ended September 30, 2022, compared to the nine months ended September 30, 2021. The $452,000 increase in expense for the three months ended September 30, 2022 compared to the same period ended September 30, 2021 was primarily related to an increase in travel expense of $249,000, an increase of $245,000 in non-loan related losses, $126,000 in expenses related to the commercial loan sale, and an increase of $80,000 in the provision for the allowance for unfunded credit losses, partially offset by a decrease of $105,000 in supplies expense and a $147,000 decrease in operating lease depreciation. The $481,000 increase in expense for the nine months ended September 30, 2022 compared to the same period ended September 30, 2021 was primarily related to a $222,000 expense related to a derivative liability, $126,000 in expenses related to the commercial loan sale, increased travel expense of $545,000, an increase of $166,000 in supplies expense, and an increase of $142,000 in non-loan related losses, partially offset by a decrease of $491,000 in the provision for the allowance for unfunded credit losses and a decrease of $285,000 in operating lease depreciation.

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Items Impacting Comparability

From time to time, revenue, expenses, and/or taxes are impacted by items judged by management of Park to be outside of ordinary banking activities and/or by items that, while they may be associated with ordinary banking activities, are so unusually large that their outsized impact is believed by management of Park at that time to be infrequent or short-term in nature. Most often, these items impacting comparability of period results relate to merger and acquisition activities and revenue and expenses related to former Vision Bank loan relationships. In other cases, they may result from management's decisions associated with significant corporate actions outside of the ordinary course of business.

The following table details those items which management believes impact the comparability of current and prior period amounts.

	THREE MONTHS ENDED				NINE MONTHS ENDED
(in thousands)	September 30, 2022		September 30, 2021		September 30, 2022		September 30, 2021		Affected Line Item
Net interest income	$	90,828	$	81,602	$	252,453	$	246,187
less purchase accounting accretion related to NewDominion and Carolina Alliance acquisitions	494		799		1,516		2,704		Interest and fees on loans
less purchase accounting accretion related to NewDominion and Carolina Alliance acquisitions	1		8		6		40		Interest on deposits
less interest income on former Vision Bank relationships	649		414		2,996		3,357		Interest and fees on loans
Net interest income - adjusted	$	89,684	$	80,381	$	247,935	$	240,086
Provision for (recovery of) credit losses	$	3,190	$	1,972	$	1,576	$	(6,923)
less recoveries on former Vision Bank relationships	(20)		(2,231)		(527)		(2,640)		Provision for (recovery of) credit losses
Provision for (recovery of) credit losses - adjusted	$	3,210	$	4,203	$	2,103	$	(4,283)
Total other income	$	46,694	$	32,411	$	109,543	$	97,738
less other service income related to former Vision Bank relationships	3		143		503		204		Other service income
less gain on the sale of OREO, net	5,607		—		5,607		—		Gain (loss) on sale of OREO, net
less Vision related OREO valuation markup	12,009		—		12,009		—		OREO valuation markup
Total other income - adjusted	$	29,075	$	32,268	$	91,424	$	97,534
Total other expense	$	82,903	$	68,489	$	220,324	$	207,754
less direct expenses related to collection of payments on former Vision Bank loan relationships	1,295		254		1,661		661		Professional fees and services
less core deposit intangible amortization related to NewDominion and Carolina Alliance acquisitions	341		420		1,146		1,378		Amortization of intangible assets
less Foundation contribution	4,000		—		4,000		4,000		Foundation contribution
Total other expense - adjusted	$	77,267	$	67,815	$	213,517	$	201,715
Tax effect of adjustments to net income identified above (7)	$	(2,761)	$	(613)	$	(3,435)	$	(610)
Net income - reported	$	42,068	$	35,434	$	115,267	$	117,397
Net income - adjusted (6)	$	31,682	$	33,126	$	102,345	$	115,101

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	THREE MONTHS ENDED						NINE MONTHS ENDED
(in thousands, except share and per share data)	September 30, 2022			September 30, 2021			September 30, 2022			September 30, 2021
Diluted EPS	$	2.57		$	2.16		$	7.05		$	7.14
Diluted EPS, adjusted (6)	$	1.93		$	2.02		$	6.26		$	7.00
Annualized return on average assets (1)(2)	1.61		%	1.40		%	1.55		%	1.59		%
Annualized return on average assets, adjusted (1)(2)(6)	1.21		%	1.31		%	1.37		%	1.60		%
Annualized return on average tangible assets (1)(2)(4)	1.63		%	1.42		%	1.57		%	1.62		%
Annualized return on average tangible assets, adjusted (1)(2)(4)(6)	1.23		%	1.33		%	1.40		%	1.59		%
Annualized return on average shareholders' equity (1)(2)	15.50		%	13.04		%	14.22		%	14.79		%
Annualized return on average shareholders' equity, adjusted (1)(2)(6)	11.68		%	12.19		%	12.62		%	14.50		%
Annualized return on average tangible equity (1)(2)(3)	18.33		%	15.44		%	16.80		%	17.58		%
Annualized return on average tangible equity, adjusted (1)(2)(3)(6)	13.81		%	14.43		%	14.91		%	17.24		%
Efficiency ratio (5)	59.88		%	59.70		%	60.43		%	60.03		%
Efficiency ratio, adjusted (5)(6)	64.56		%	59.82		%	62.44		%	59.37		%
Annualized net interest margin (5)	3.81		%	3.53		%	3.74		%	3.67		%
Annualized net interest margin, adjusted (5)(6)	3.76		%	3.48		%	3.67		%	3.58		%

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Financial Reconciliations
(1) Reported measure uses net income
(2) Averages are for the three months and nine months ended September 30, 2022 and September 30, 2021.
(3) Net income for each period divided by average tangible equity during the period. Average tangible equity equals average shareholders' equity during the applicable period less average goodwill and other intangible assets during the applicable period.
RECONCILIATION OF AVERAGE SHAREHOLDERS' EQUITY TO AVERAGE TANGIBLE EQUITY:
	THREE MONTHS ENDED				NINE MONTHS ENDED
	September 30, 2022		September 30, 2021		September 30, 2022		September 30, 2021
AVERAGE SHAREHOLDERS' EQUITY	$	1,076,526	$	1,078,465	$	1,084,080	$	1,061,066
Less: Average goodwill and other intangible assets	166,136		167,754		166,521		168,215
AVERAGE TANGIBLE EQUITY	$	910,390	$	910,711	$	917,559	$	892,851
(4) Net income for each period divided by average tangible assets during the period. Average tangible assets equals average assets less average goodwill and other intangible assets, in each case during the applicable period.
RECONCILIATION OF AVERAGE ASSETS TO AVERAGE TANGIBLE ASSETS
	THREE MONTHS ENDED				NINE MONTHS ENDED
	September 30, 2022		September 30, 2021		September 30, 2022		September 30, 2021
AVERAGE ASSETS	$	10,384,049	$	10,070,716	$	9,964,863	$	9,583,457
Less: Average goodwill and other intangible assets	166,136		167,754		166,521		168,215
AVERAGE TANGIBLE ASSETS	$	10,217,913	$	9,902,962	$	9,798,342	$	9,415,242
(5) Efficiency ratio is calculated by dividing total other expense by the sum of fully taxable equivalent net interest income and other income. Fully taxable equivalent net interest income reconciliation is shown assuming a 21% federal corporate income tax rate. Additionally, net interest margin is calculated on a fully taxable equivalent basis by dividing fully taxable equivalent net interest income by average interest earning assets, in each case during the applicable period.
RECONCILIATION OF FULLY TAXABLE EQUIVALENT NET INTEREST INCOME TO NET INTEREST INCOME
	THREE MONTHS ENDED				NINE MONTHS ENDED
	September 30, 2022		September 30, 2021		September 30, 2022		September 30, 2021
Interest income	$	99,944	$	85,420	$	269,437	$	258,587
FTE adjustment	932		717		2,623		2,149
FTE interest income	$	100,876	$	86,137	$	272,060	$	260,736
Interest expense	9,116		3,818		16,984		12,400
FTE net interest income	$	91,760	$	82,319	$	255,076	$	248,336
(6) Adjustments to net income for each period presented are detailed in the non-GAAP reconciliations of net interest income, provision for (recovery of) credit losses, total other income and total other expense.
(7) The tax effect of adjustments to net income was calculated assuming a 21% federal corporate income tax rate.
(8) Pre-tax, pre-provision ("PTPP") net income is calculated as net income, plus income taxes, plus the provision for (recovery of) credit losses, in each case during the applicable period. PTPP net income is a common industry metric utilized in capital analysis and review. PTPP is used to assess the operating performance of Park while excluding the impact of the provision for (recovery of) credit losses.
RECONCILIATION OF PRE-TAX, PRE-PROVISION NET INCOME
	THREE MONTHS ENDED				NINE MONTHS ENDED
	September 30, 2022		September 30, 2021		September 30, 2022		September 30, 2021
Net income	$	42,068	$	35,434	$	115,267	$	117,397
Plus: Income Taxes	9,361		8,118		24,829		25,697
Plus: Provision for (recovery of) credit losses	3,190		1,972		1,576		(6,923)
Pre-tax, pre-provision net income	$	54,619	$	45,524	$	141,672	$	136,171

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Income Tax

Income tax expense was $9.4 million for the third quarter of 2022 and consisted of federal income tax expense of $9.0 million and state income tax expense of $341,000. This compares to income tax expense of $8.1 million for the third quarter of 2021 which consisted of federal income tax expense of $7.9 million and state income tax expense of $264,000. The effective income tax rate for the third quarter of 2022 was 18.2%, compared to 18.6% for the same period in 2021. Income tax expense was $24.8 million for the nine months ended September 30, 2022 and consisted of federal income tax expense of $23.8 million and state income tax expense of $987,000. This compares to income tax expense of $25.7 million for the nine months ended September 30, 2021 which consisted of federal income tax expense of $24.9 million and state income tax expense of $793,000. The effective income tax rate for the nine months ended September 30, 2022 was 17.7%, compared to 18.0% for the same period in 2021.

The difference between the statutory federal corporate income tax rate of 21% and Park's effective income tax rate reflects permanent tax differences, primarily consisting of tax-exempt interest income from municipal investments and loans, qualified affordable housing and historical tax credits, bank owned life insurance income, and dividends paid on the common shares held within Park's salary deferral plan offset by the impact of state income taxes. Park expects permanent federal income tax differences for the 2022 year will be approximately $7.0 million.

Comparison of Financial Condition

At September 30, 2022 and December 31, 2021

Changes in Financial Condition

Total assets increased by $294.8 million, or 3.1%, during the first nine months of 2022 to $9,855 million at September 30, 2022, compared to $9,560 million at December 31, 2021. This increase was primarily due to the following:

•Total investment securities increased $12.7 million, or 0.7%, to $1,828 million at September 30, 2022, compared to $1,815 million at December 31, 2021.

•Loans increased by $232.1 million, or 3.4%, to $7,103 million at September 30, 2022, compared to $6,871 million at December 31, 2021. PPP loans were $5.7 million at September 30, 2022, compared to $74.4 million at December 31, 2021.

•Prepaid assets increased by $14.2 million, or 9.8%, to $158.3 million at September 30, 2022, compared to $144.1 million at December 31, 2021.

•Other assets increased by $36.3 million, or 357.8%, to $46.5 million at September 30, 2022, compared to $10.2 million at December 31, 2021. This was primarily related to an increase in deferred tax assets.

Total liabilities increased by $369.4 million, or 4.4%, during the first nine months of 2022 to $8,819 million at September 30, 2022, compared to $8,449 million at December 31, 2021. This increase was primarily due to the following:

•Total deposits increased by $405.4 million, or 5.1%, to $8,310 million at September 30, 2022, compared to $7,905 million at December 31, 2021. During 2020, Park made the decision to participate in an OWS program in order to manage the balance sheet. At September 30, 2022 and December 31, 2021, Park had $766.2 million and $983.1 million, respectively, in off-balance sheet deposits.

•Short-term borrowings decreased by $49.3 million, or 20.6%, to $189.5 million at September 30, 2022, compared to $238.8 million at December 31, 2021.

•Other liabilities increased by $12.5 million, or 18.5%, to $80.3 million at September 30, 2022, compared to $67.8 million at December 31, 2021. This was primarily related to an increase in liabilities related to Partnership Investments.

Total shareholders’ equity decreased by $74.6 million, or 6.7%, to $1,036 million at September 30, 2022, from $1,111 million at December 31, 2021. This decrease was primarily due to the following:

•Accumulated other comprehensive (loss) income, net of taxes changed by $140.5 million, from a positive $15.2 million at December 31, 2021, to a negative $125.3 million at September 30, 2022, largely as a result of unrealized net holding losses on debt securities AFS, net of taxes, of $140.7 million.

•Retained earnings increased by $62.9 million during the period primarily as a result of net income of $115.3 million, partially offset by cash dividends on common shares of $51.4 million.

•Treasury shares decreased by $3.5 million during the period as a result of the issuance of treasury shares under share-based compensation awards (net of common shares withheld to pay employee income taxes).

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Increases or decreases in the investment securities portfolio, short-term borrowings and long-term debt are greatly dependent upon the growth in loans and deposits. The primary objective of management is to grow loan and deposit totals. To the extent that management is unable to grow loan totals at a desired growth rate, additional investment securities may be acquired. Likewise, both short-term borrowings and long-term debt are utilized to fund the growth in earning assets if the growth in deposits and cash flow from operations are not sufficient to do so.

Liquidity

Cash provided by operating activities was $89.6 million and $112.6 million for the nine months ended September 30, 2022 and 2021, respectively. Net income was the primary source of cash from operating activities for each of the nine-month periods ended September 30, 2022 and 2021.

Cash used in investing activities was $403.2 million and $186.2 million for the nine months ended September 30, 2022 and 2021, respectively. Proceeds from the sale, repayment, or maturity of investment securities provide cash and purchases of investment securities use cash. Net investment securities transactions used cash of $175.2 million for the nine months ended September 30, 2022 and used cash of $447.9 million for the nine months ended September 30, 2021. Another major use or source of cash in investing activities is the net increase or decrease in the loan portfolio. Cash used by the net increase in the loan portfolio was $234.2 million for the nine months ended September 30, 2022 and cash provided by the net decrease in the loan portfolio was $269.4 million for the nine months ended September 30, 2021.

Cash provided by financing activities was $301.8 million and $580.5 million for the nine months ended September 30, 2022 and 2021, respectively. A major source of cash for financing activities is the net change in deposits. Deposits (net of off-balance sheet deposits) increased and provided $405.4 million and $792.1 million of cash for the nine months ended September 30, 2022 and 2021, respectively. Another major source/use of cash from financing activities is borrowings in the form of short-term borrowings, long-term debt and subordinated notes. For the nine months ended September 30, 2022, net short-term borrowings decreased and used $49.3 million in cash. For the nine months ended September 30, 2021, net short-term borrowings decreased and used $106.3 million in cash and net long-term borrowings decreased and used $32.5 million in cash. Finally, cash declined by $51.6 million and $54.4 million for the nine months ended September 30, 2022 and 2021, respectively, from the payment of dividends.

Effective liquidity management ensures that the cash flow requirements of depositors and borrowers, as well as the operating cash needs of the Corporation, are met. Funds are available from a number of sources, including the capital markets, the investment securities portfolio, the core deposit base, FHLB borrowings and the capability to securitize or package loans for sale. The Corporation’s loan to asset ratio was 71.23% at September 30, 2022, compared to 71.87% at December 31, 2021 and 68.85% at September 30, 2021. Cash and cash equivalents were $207.4 million at September 30, 2022, compared to $219.2 million at December 31, 2021 and $877.4 million at September 30, 2021. Management believes that the present funding sources provide more than adequate liquidity for the Corporation to meet its cash flow needs.

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Capital Resources

Shareholders’ equity at September 30, 2022 was $1,036.2 million, or 10.5% of total assets, compared to $1,110.8 million, or 11.6% of total assets, at December 31, 2021 and $1,067.9 million, or 10.6% of total assets, at September 30, 2021.

Financial institution regulators have established guidelines for minimum capital ratios for banks, thrifts and bank holding companies. Park has elected not to include the net unrealized gain or loss on debt securities AFS in computing regulatory capital. Park has adopted the Basel III regulatory capital framework as approved by the federal banking agencies. Under the Basel III regulatory capital framework, in order to avoid limitations on capital distributions, including dividend payments and stock repurchases, and certain discretionary bonus payments to executive officers, Park must hold a capital conservation buffer of 2.5% above the adequately capitalized risk-based capital ratios. The amounts shown below as the adequately capitalized ratio plus capital conservation buffer include the 2.50% buffer. The Federal Reserve Board has also adopted capital requirements Park must maintain to be deemed "well capitalized" and remain a financial holding company.

Park and PNB met each of the well capitalized ratio guidelines applicable to them at September 30, 2022. The following table indicates the capital ratios for PNB and Park at September 30, 2022 and December 31, 2021.

	At September 30, 2022
	Leverage		Tier 1 Risk-Based		Common Equity Tier 1		Total Risk-Based
The Park National Bank	8.23	%	10.68	%	10.68	%	12.12	%
Park National Corporation	9.76	%	12.70	%	12.51	%	16.00	%
Adequately capitalized ratio	4.00	%	6.00	%	4.50	%	8.00	%
Adequately capitalized ratio plus capital conservation buffer	4.00	%	8.50	%	7.00	%	10.50	%
Well capitalized ratio (PNB)	5.00	%	8.00	%	6.50	%	10.00	%
Well capitalized ratio (Park)	N/A		6.00	%	N/A		10.00	%

	At December 31, 2021
	Leverage		Tier 1 Risk-Based		Common Equity Tier 1		Total Risk-Based
The Park National Bank	8.58	%	11.05	%	11.05	%	12.56	%
Park National Corporation	9.77	%	12.57	%	12.37	%	16.05	%
Adequately capitalized ratio	4.00	%	6.00	%	4.50	%	8.00	%
Adequately capitalized ratio plus capital conservation buffer	4.00	%	8.50	%	7.00	%	10.50	%
Well capitalized ratio (PNB)	5.00	%	8.00	%	6.50	%	10.00	%
Well capitalized ratio (Park)	N/A		6.00	%	N/A		10.00	%

Contractual Obligations and Commitments

In the ordinary course of operations, Park enters into certain contractual obligations. Such obligations include the funding of operations through debt issuances as well as leases for premises. See page 79 of Park’s 2021 Form 10-K (Table 39) for disclosure concerning contractual obligations and commitments at December 31, 2021. There were no other significant changes in contractual obligations and commitments during the first nine months of 2022.

Financial Instruments with Off-Balance Sheet Risk

PNB is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include loan commitments and standby letters of credit. The instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the consolidated financial statements.

The exposure to credit loss (for PNB) in the event of nonperformance by the other party to the financial instrument for loan commitments and standby letters of credit is represented by the contractual amount of those instruments. PNB uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments. Since many of

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the loan commitments may expire without being drawn upon, the total commitment amount does not necessarily represent future cash requirements. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan commitments to customers.

The total amounts of off-balance sheet financial instruments with credit risk were as follows:

(In thousands)	September 30, 2022		December 31, 2021
Loan commitments	$	1,444,741	$	1,364,224
Standby letters of credit	$	26,518	$	18,216

ITEM 3 – QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Management reviews interest rate sensitivity on a quarterly basis by modeling the consolidated financial statements under various interest rate scenarios. The primary reason for these efforts is to guard Park from adverse impacts of unforeseen changes in interest rates. With the rise in interest rates experienced throughout 2022, Park is now more exposed to an adverse impact to earnings in a down rate environment. Management actively monitors changes in the sensitivity position and has ample tools to adjust exposure as needed. As a result, management expects further changes in interest rates to have a modest impact on net income.

On page 78 (Table 38) of Park’s 2021 Form 10-K, management reported that Park’s twelve-month cumulative rate sensitivity gap was a positive (assets exceeding liabilities) $1,895.3 million or 21.70% of total interest earning assets at December 31, 2021. At September 30, 2022, Park’s twelve-month cumulative rate sensitivity gap was a positive (assets exceeding liabilities) $1,245.3 million or 13.62% of total interest earning assets.

Management supplements the interest rate sensitivity gap analysis with periodic simulations of balance sheet sensitivity under various interest rate and what-if scenarios to better forecast and manage the net interest margin. Management uses a 50 basis point change in market interest rates per quarter for a total of 200 basis points per year in evaluating the impact of changing interest rates on net interest income and net income over a twelve-month horizon.

On page 79 of Park’s 2021 Form 10-K, management reported that at December 31, 2021, the earnings simulation model projected that net income would increase by 7.5% using a rising interest rate scenario and decrease by 15.1% using a declining interest rate scenario over the next year. At September 30, 2022, the earnings simulation model projected that net income would increase by 5.8% using a rising interest rate scenario and would decrease by 8.8% in a declining interest rate scenario. At September 30, 2022, management continues to believe that it has the tools necessary to mitigate gradual changes in interest rates (50 basis points per quarter for a total of 200 basis points per year) such that the overall impact to net income will be modest.

ITEM 4 – CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

With the participation of the Chairman of the Board and Chief Executive Officer (the principal executive officer) and the Chief Financial Officer, Secretary and Treasurer (the principal financial officer) of Park, Park’s management has evaluated the effectiveness of Park’s disclosure controls and procedures (as defined in Rule 13a-15(e) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) as of September 30, 2022 (the end of the quarterly period covered by this Quarterly Report on Form 10-Q). Based on that evaluation, Park’s Chairman of the Board and Chief Executive Officer and Park’s Chief Financial Officer, Secretary and Treasurer have concluded that:

•information required to be disclosed by Park in this Quarterly Report on Form 10-Q and the other reports that Park files or submits under the Exchange Act would be accumulated and communicated to Park’s management, including its principal executive officer and its principal financial officer, as appropriate to allow timely decisions regarding required disclosure;

•information required to be disclosed by Park in this Quarterly Report on Form 10-Q and the other reports that Park files or submits under the Exchange Act would be recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms; and

•Park’s disclosure controls and procedures were effective as of September 30, 2022 (the end of the quarterly period covered by this Quarterly Report on Form 10-Q).

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Changes in Internal Control Over Financial Reporting

There were no changes in Park's internal control over financial reporting (as defined in Rule 13a-15(f) under the Exchange Act) that occurred during Park's fiscal quarter ended September 30, 2022, that have materially affected, or are reasonably likely to materially affect, Park's internal control over financial reporting.

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PART II – OTHER INFORMATION

Item 1.       Legal Proceedings

    There are no pending legal proceedings to which Park or any of its subsidiaries is a party or to which any of their property is subject, except for routine legal proceedings which Park's subsidiaries are parties to incidental to their respective businesses. Park considers none of those proceedings to be material.

Item 1A.     Risk Factors

There are certain risks and uncertainties in our business that could cause Park's actual results to differ materially from those anticipated. In “ITEM 1A. RISK FACTORS” of Part I of Park’s 2021 Form 10-K, we included a detailed discussion of our risk factors. All of these risk factors should be read carefully in connection with evaluating Park's business and in connection with the forward-looking statements contained in this Quarterly Report on Form 10-Q. Any of the risks described in Park's 2021 Form 10-K could materially adversely affect our business, financial condition or future results and the actual outcome of matters as to which forward-looking statements are made. These are not the only risks we face. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially adversely affect our business, financial condition and/or operating results.

Item 2.       Unregistered Sales of Equity Securities and Use of Proceeds

(a)Not applicable

(b)Not applicable

(c)The following table provides information concerning purchases of Park’s common shares ("Common Shares") made by or on behalf of Park or any “affiliated purchaser” as defined in Rule 10b-18(a)(3) under the Exchange Act, during the three months ended September 30, 2022, as well as the maximum number of Common Shares that may be purchased under Park’s previously announced stock repurchase authorizations to fund the 2017 Long-Term Incentive Plan for Employees (the "2017 Employees LTIP") and the 2017 Long-Term Incentive Plan for Non-Employee Directors (the "2017 Non-Employee Directors LTIP") and Park's previously announced 2017 and 2019 stock repurchase authorizations:

Period	Total number of Common Shares purchased	Average price paid per Common Share		Total number of Common Shares purchased as part of publicly announced plans or programs	Maximum number of Common Shares that may yet be purchased under the plans or programs (1)
July 1 through July 31, 2022	—	$	—	—	1,195,088
August 1 through August 31, 2022	—	—		—	1,195,088
September 1 through September 30, 2022	—	—		—	1,195,088
Total	—	$	—	—	1,195,088

(1)The number shown represents, as of the end of each period, the maximum number of Common Shares that may yet be purchased as part of Park’s publicly announced stock repurchase authorizations to fund the 2017 Employees LTIP and the 2017 Non-Employee Directors LTIP, both of which became effective on April 24, 2017; Park's publicly announced stock repurchase authorization covering 500,000 Common Shares which was announced on January 23, 2017; and Park's stock repurchase authorization covering 500,000 Common Shares which was announced on January 28, 2019 and as to which approval from the Federal Reserve was obtained in the form of correspondence from the Federal Reserve Bank of Cleveland dated April 19, 2019.

    At the 2017 Annual Meeting of Shareholders held on April 24, 2017, Park's shareholders approved the 2017 Employees LTIP and the 2017 Non-Employee Directors LTIP. The Common Shares to be issued and delivered under the 2017 Employees LTIP and the 2017 Non-Employee Directors LTIP may consist of either Common Shares currently held or Common Shares subsequently acquired by Park as treasury shares. No newly-issued Common Shares will be delivered under the 2017 Employees LTIP or the 2017 Non-Employee Directors LTIP. On April 24, 2017, Park's Board of Directors authorized the purchase, from time to time, of up to 750,000 Park Common Shares and 150,000 Park Common Shares, respectively, to be held

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as treasury shares for subsequent issuance and delivery under the 2017 Employees LTIP and the 2017 Non-Employee Directors LTIP.

    On January 23, 2017, Park announced that on that same day, the Park Board of Directors authorized Park to purchase, from time to time, up to an aggregate of 500,000 Park Common Shares. On January 28, 2019, Park announced that on that same day, the Park Board of Directors authorized Park to repurchase, from time to time following receipt of any required approval from the Federal Reserve, up to 500,000 Park Common Shares in addition to the 500,000 Park Common Shares which had been authorized for repurchase by the Park Board of Directors on January 23, 2017 and remained available for repurchase as of January 28, 2019. The required approval was received by Park in the form of correspondence from the Federal Reserve Bank of Cleveland dated April 19, 2019.

    Purchases may be made through NYSE American, in the over-the-counter market or in privately negotiated transactions, in each case in compliance with the Ohio General Corporation Law, applicable federal and state securities laws, the rules applicable to issuers having securities listed on NYSE American, regulations promulgated by the Federal Reserve Board and all other applicable laws and regulations, each as in effect at the time of each such purchase. Purchases will be made upon such terms and conditions and at such times and in such amounts as any one or more of the authorized officers of Park deem to be appropriate, subject to market conditions, regulatory requirements, any contractual obligations of Park and Park's subsidiaries and other factors, and in the best interest of Park and Park's shareholders. The January 23, 2017 stock repurchase authorization and the January 28, 2019 stock repurchase authorization are distinct from the stock repurchase authorizations to fund the 2017 Employees LTIP and the 2017 Non-Employee Directors LTIP.

Item 3.      Defaults Upon Senior Securities

(a), (b) Not applicable.

Item 4.      Mine Safety Disclosures

Not applicable.

Item 5.      Other Information

(a), (b) Not applicable.

Item 6.      Exhibits

 

3.1(a)	Articles of Incorporation of Park National Corporation as filed with the Ohio Secretary of State on March 24, 1992 (Incorporated herein by reference to Exhibit 3(a) to Park National Corporation’s Form 8-B, filed on May 20, 1992 (File No. 0-18772) (“Park’s Form 8-B”)) P
3.1(b)	Certificate of Amendment to the Articles of Incorporation of Park National Corporation as filed with the Ohio Secretary of State on May 6, 1993 (Incorporated herein by reference to Exhibit 3(b) to Park National Corporation’s Annual Report on Form 10-K for the fiscal year ended December 31, 1993 (File No. 0-18772)) P
3.1(c)	Certificate of Amendment to the Articles of Incorporation of Park National Corporation as filed with the Ohio Secretary of State on April 16, 1996 (Incorporated herein by reference to Exhibit 3(a) to Park National Corporation’s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 1996 (File No. 1-13006))
3.1(d)	Certificate of Amendment by Shareholders to the Articles of Incorporation of Park National Corporation as filed with the Ohio Secretary of State on April 22, 1997 (Incorporated herein by reference to Exhibit 3(a)(1) to Park National Corporation’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 1997 (File No. 1-13006) (“Park’s June 30, 1997 Form 10-Q”))

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3.1(e)	Certificate of Amendment by Shareholders as filed with the Ohio Secretary of State on December 18, 2008 in order to evidence the adoption by the shareholders of Park National Corporation on December 18, 2008 of an amendment to Article FOURTH of Park National Corporation’s Articles of Incorporation to authorize Park National Corporation to issue up to 200,000 preferred shares, without par value (Incorporated herein by reference to Exhibit 3.1 to Park National Corporation’s Current Report on Form 8-K dated and filed December 19, 2008 (File No. 1-13006))
3.1(f)	Certificate of Amendment by Directors to Articles as filed with the Ohio Secretary of State on December 19, 2008, evidencing the adoption of an amendment by the Board of Directors of Park National Corporation to Article FOURTH of Park National Corporation's Articles of Incorporation to establish express terms of Fixed Rate Cumulative Perpetual Preferred Shares, Series A, each without par value, of Park National Corporation (Incorporated herein by reference to Exhibit 3.1 to Park National Corporation’s Current Report on Form 8-K dated and filed December 23, 2008 (File No. 1-13006))
3.1(g)	Certificate of Amendment by Shareholders as filed with the Ohio Secretary of State on April 18, 2011 in order to evidence the adoption by Park National Corporation’s shareholders of an amendment to Article SIXTH of Park National Corporation’s Articles of Incorporation in order to provide that shareholders do not have preemptive rights (Incorporated herein by reference to Exhibit 3.1 to Park National Corporation’s Current Report on Form 8-K dated and filed April 19, 2011 (File No. 1-13006))
3.1(h)	Certificate of Amendment as filed with the Ohio Secretary of State on April 26, 2022 in order to evidence the adoption by Park National Corporation's shareholders of an amendment to Park National Corporation's Articles of Incorporation to add a new Article NINTH to eliminate cumulative voting rights in the election of directors (Incorporated herein by reference to Exhibit 3.1 to Park National Corporation's Current Report on Form 8-K dated and filed April 27, 2022 (File No. 1-13006) ("Park's April 27, 2022 Form 8-K"))
3.1(i)	Articles of Incorporation of Park National Corporation [This document represents the Articles of Incorporation of Park National Corporation in compiled form incorporating all amendments. This compiled document has not been filed with the Ohio Secretary of State.] (Incorporated herein by reference to Exhibit 3.1(i) to Park National Corporation's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2022 (File No. 1-13006) ("Park's March 31, 2022 Form 10-Q"))
3.2(a)	Regulations of Park National Corporation (Incorporated herein by reference to Exhibit 3(b) to Park’s Form 8-B) P
3.2(b)	Certified Resolution regarding Adoption of Amendment to Subsection 2.02(A) of the Regulations of Park National Corporation by Shareholders on April 21, 1997 (Incorporated herein by reference to Exhibit 3(b)(1) to Park’s June 30, 1997 Form 10-Q)
3.2(c)	Certificate Regarding Adoption of Amendments to Sections 1.04 and 1.11 of Park National Corporation’s Regulations by the Shareholders on April 17, 2006 (Incorporated herein by reference to Exhibit 3.1 to Park National Corporation’s Current Report on Form 8-K dated and filed on April 18, 2006 (File No. 1-13006))
3.2(d)	Certificate Regarding Adoption by the Shareholders of Park National Corporation on April 21, 2008 of Amendment to Regulations to Add New Section 5.10 to Article Five (Incorporated herein by reference to Exhibit 3.2(d) to Park National Corporation’s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2008 (File No. 1-13006))
3.2(e)	Certificate Regarding Adoption by the Shareholders of Park National Corporation on April 25, 2022 of Amendments to Section 1.10 and Section 2.04 of Park National Corporation's Regulations to eliminate the textual references to the right of Park National Corporation's shareholders to have cumulative voting apply in the election of directors (Incorporated herein by reference to Exhibit 3.2 to Park's April 27, 2022 Form-8-K)

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3.2(f)	Regulations of Park National Corporation [This document represents the Regulations of Park National Corporation in compiled form incorporating all amendments, including those adopted by the shareholders of Park National Corporation on April 25, 2022] (Incorporated herein by reference to Exhibit 3.2(f) to Park's March 31, 2022 Form 10-Q)
31.1	Rule 13a – 14(a) / 15d – 14(a) Certifications (Principal Executive Officer) (Filed herewith)
31.2	Rule 13a – 14(a) / 15d – 14(a) Certifications (Principal Financial Officer) (Filed herewith)
32.1	Certifications Pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code (Principal Executive Officer) (Furnished herewith)
32.2	Certifications Pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code (Principal Financial Officer) (Furnished herewith)
101	The following information from Park National Corporation's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2022 formatted in Inline XBRL (eXtensible Business Reporting Language) pursuant to Rule 405 of Regulation S-T: (i) the Consolidated Condensed Balance Sheets as of September 30, 2022 and December 31, 2021 (unaudited); (ii) the Consolidated Condensed Statements of Income for the three months and the nine months ended September 30, 2022 and 2021 (unaudited); (iii) the Consolidated Condensed Statements of Comprehensive (Loss) Income for the three months and the nine months ended September 30, 2022 and 2021 (unaudited); (iv) the Consolidated Condensed Statements of Changes in Shareholders’ Equity for the three months and the nine months ended September 30, 2022 and 2021 (unaudited); (v) the Consolidated Condensed Statements of Cash Flows for the nine months ended September 30, 2022 and 2021 (unaudited); and (vi) the Notes to Unaudited Consolidated Condensed Financial Statements (electronically submitted herewith). *
104	Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document with applicable taxonomy extension information contained in Exhibit 101)

________________________________________

* The instance document does not appear in the interactive data file because its XBRL tags are imbedded within the Inline XBRL document.

P Park National Corporation filed this exhibit with the SEC in paper form originally and this exhibit has not been filed with the SEC in electronic format.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

	PARK NATIONAL CORPORATION
DATE: November 8, 2022	/s/ David L. Trautman
	David L. Trautman
	Chairman of the Board and Chief Executive Officer
	(Principal Executive Officer and Duly Authorized Officer)
DATE: November 8, 2022	/s/ Brady T. Burt
	Brady T. Burt
	Chief Financial Officer, Secretary and Treasurer
	(Principal Financial Officer and Duly Authorized Officer)

111

EX-31.1

Exhibit 31.1

CERTIFICATIONS

I, David L. Trautman, certify that:

1.I have reviewed this Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2022, of Park National Corporation;

2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

DATE: November 8, 2022	/s/ David L. Trautman
	David L. Trautman
	Chairman of the Board and Chief Executive Officer
	(Principal Executive Officer)

EX-31.2

Exhibit 31.2

CERTIFICATIONS

I, Brady T. Burt, certify that:

1.I have reviewed this Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2022, of Park National Corporation;

2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

DATE: November 8, 2022	/s/ Brady T. Burt
	Brady T. Burt
	Chief Financial Officer, Secretary and Treasurer
	(Principal Financial Officer)

EX-32.1

Exhibit 32.1

CERTIFICATIONS PURSUANT TO SECTION 1350 OF

CHAPTER 63 OF TITLE 18 OF THE UNITED STATES CODE*

In connection with the Quarterly Report of Park National Corporation (the “Company”) on Form 10-Q for the quarterly period ended September 30, 2022 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, David L. Trautman, Chairman of the Board and Chief Executive Officer of the Company, certify, pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:

(1)The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

(2)The information contained in the Report fairly presents, in all material respects, the consolidated financial condition and results of operations of the Company and its subsidiaries.

/s/ David L. Trautman

David L. Trautman

Chairman of the Board and Chief Executive Officer

(Principal Executive Officer)

DATE: November 8, 2022

*These certifications are being furnished as required by Rule 13a-14(b) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Section 1350 of Chapter 63 of Title 18 of the United States Code, and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act or otherwise subject to the liability of that Section.

These certifications shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except to the extent that the Company specifically incorporates these certifications by reference.

EX-32.2

Exhibit 32.2

CERTIFICATIONS PURSUANT TO SECTION 1350 OF

CHAPTER 63 OF TITLE 18 OF THE UNITED STATES CODE*

In connection with the Quarterly Report of Park National Corporation (the “Company”) on Form 10-Q for the quarterly period ended September 30, 2022 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Brady T. Burt, Chief Financial Officer, Secretary and Treasurer, certify, pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:

(1)The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

(2)The information contained in the Report fairly presents, in all material respects, the consolidated financial condition and results of operations of the Company and its subsidiaries.

/s/ Brady T. Burt

Brady T. Burt

Chief Financial Officer, Secretary and Treasurer

(Principal Financial Officer)

DATE: November 8, 2022

*These certifications are being furnished as required by Rule 13a-14(b) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Section 1350 of Chapter 63 of Title 18 of the United States Code, and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act or otherwise subject to the liability of that Section.

These certifications shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except to the extent that the Company specifically incorporates these certifications by reference.

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Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2022	Nov. 07, 2022
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
Document Transition Report	false
Entity File Number	1-13006
Entity Registrant Name	PARK NATIONAL CORPORATION
Entity Address, State or Province	OH
Entity Tax Identification Number	31-1179518
Entity Address, Address Line One	50 North Third Street,
Entity Address, Address Line Two	P.O. Box 3500
Entity Address, City or Town	Newark,
Entity Address, State or Province	OH
Entity Address, Postal Zip Code	43058-3500
City Area Code	(740)
Local Phone Number	349-8451
Title of 12(b) Security	Common shares, without par value
Trading Symbol	PRK
Security Exchange Name	NYSEAMER
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		16,263,583
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Entity Central Index Key	0000805676
Current Fiscal Year End Date	--12-31

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Consolidated Condensed Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Assets:
Cash and due from banks	$ 149,136,000	$ 144,507,000
Money market instruments	58,297,000	74,673,000
Cash and cash equivalents	207,433,000	219,180,000
Marketable Securities [Abstract]
Debt Securities, Available-for-sale, Current	1,742,123,000	1,754,140,000
Other Investments and Securities, at Cost	85,945,000	61,268,000
Total investment securities	1,828,068,000	1,815,408,000
Loan balance	7,103,246,000	6,871,122,000
Financing Receivable, Allowance for Credit Loss	(83,961,000)	(83,197,000)
Net loans	7,019,285,000	6,787,925,000
Bank owned life insurance	219,909,000	215,792,000
Prepaid assets	158,301,000	144,124,000
Goodwill	159,595,000	159,595,000
Other intangible assets	6,316,000	7,462,000
Premises and equipment, net	84,669,000	89,008,000
Affordable housing tax credit investments	62,771,000	58,711,000
Other real estate owned	1,354,000	775,000
Interest Receivable	29,144,000	23,413,000
Operating Lease, Right-of-Use Asset	15,536,000	13,446,000
Servicing Asset	16,191,000	15,264,000
Other	46,475,000	10,151,000
Total assets	9,855,047,000	9,560,254,000
Liabilities and Shareholders' Equity:
Noninterest bearing	3,138,417,000	3,066,419,000
Interest bearing	5,171,510,000	4,838,109,000
Total deposits	8,309,927,000	7,904,528,000
Short-term borrowings	189,493,000	238,786,000
Subordinated debentures and notes	188,551,000	188,210,000
Unfunded commitments in affordable housing tax credit investments	28,480,000	28,484,000
Operating Lease, Liability	16,414,000	14,339,000
Off-Balance Sheet, Credit Loss, Liability	4,451,000	4,282,000
Accrued interest payable	1,295,000	3,116,000
Other	80,264,000	67,750,000
Total liabilities	8,818,875,000	8,449,495,000
Shareholders' equity:
Preferred shares (200,000 shares authorized; No shares issued)	0	0
Common shares (No par value; 20,000,000 shares authorized; 17,623,104 shares issued at September 30, 2022 and 17,623,118 shares issued at December 31, 2021)	461,321,000	461,800,000
Retained earnings	839,207,000	776,294,000
Treasury shares (1,369,310 shares at September 30, 2022 and 1,403,555 shares at December 31, 2021)	(139,013,000)	(142,490,000)
Accumulated other comprehensive (loss) income, net of taxes	(125,343,000)	15,155,000
Total shareholders' equity	1,036,172,000	1,110,759,000
Total liabilities and shareholders' equity	$ 9,855,047,000	$ 9,560,254,000

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Consolidated Condensed Statements Of Income - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Interest and dividend income:
Interest and fees on loans	$ 83,522,000	$ 78,127,000	$ 233,725,000	$ 238,040,000
Interest and dividends on:
Obligations of U.S. Government, its agencies and other securities	10,319,000	4,904,000	24,073,000	13,760,000
Interest Income, Securities, State and Municipal	2,923,000	2,029,000	8,046,000	6,098,000
Other interest income	3,180,000	360,000	3,593,000	689,000
Total interest and dividend income	99,944,000	85,420,000	269,437,000	258,587,000
Interest on deposits:
Demand and savings deposits	5,757,000	435,000	7,441,000	1,222,000
Time deposits	825,000	1,011,000	2,253,000	3,880,000
Interest on borrowings:
Short-term borrowings	306,000	187,000	740,000	552,000
Long-term debt	2,228,000	2,185,000	6,550,000	6,746,000
Total interest expense	9,116,000	3,818,000	16,984,000	12,400,000
Net interest income	90,828,000	81,602,000	252,453,000	246,187,000
Provision for (recovery of) credit losses	3,190,000	1,972,000	1,576,000	(6,923,000)
Net interest income after provision for credit losses	87,638,000	79,630,000	250,877,000	253,110,000
Noninterest Income [Abstract]
Debit card fee income	6,514,000	6,453,000	19,371,000	19,297,000
Bank owned life insurance income	1,185,000	1,462,000	4,734,000	3,776,000
ATM Fees	610,000	622,000	1,725,000	1,807,000
Gains (Losses) on Sales of Other Real Estate	5,607,000	3,000	5,611,000	(26,000)
Real Estate Owned, Valuation Allowance, Valuation Increase	12,009,000	0	12,039,000	13,000
Gain on equity securities, net	58,000	609,000	3,120,000	2,886,000
Other components of net periodic benefit income	3,027,000	2,038,000	9,081,000	6,114,000
Other	3,653,000	3,347,000	7,779,000	8,390,000
Total other income	46,694,000	32,411,000	109,543,000	97,738,000
Other expense:
Salaries and employee benefits	37,889,000	29,433,000	99,462,000	89,632,000
Employee Benefits and Share-based Compensation	9,897,000	10,640,000	30,595,000	30,897,000
Occupancy expense	3,455,000	3,211,000	9,709,000	9,878,000
Furniture and equipment expense	2,912,000	2,797,000	8,783,000	8,163,000
Data processing fees	8,170,000	7,817,000	24,090,000	22,679,000
Professional fees and services	8,359,000	6,973,000	20,992,000	19,610,000
Marketing	1,595,000	1,574,000	3,931,000	4,355,000
Insurance	1,237,000	1,403,000	3,887,000	4,370,000
Communication	1,098,000	796,000	2,923,000	2,688,000
Excise and Sales Taxes	1,186,000	1,113,000	3,545,000	3,324,000
Amortization of Intangible Assets	341,000	420,000	1,146,000	1,378,000
Foundation contribution expense	4,000,000	0	4,000,000	4,000,000
Other expense	2,764,000	2,312,000	7,261,000	6,780,000
Total other expense	82,903,000	68,489,000	220,324,000	207,754,000
Income before income taxes	51,429,000	43,552,000	140,096,000	143,094,000
Income taxes	9,361,000	8,118,000	24,829,000	25,697,000
Net income	$ 42,068,000	$ 35,434,000	$ 115,267,000	$ 117,397,000
Net income available to common shareholders
Basic	$ 2.59	$ 2.17	$ 7.10	$ 7.20
Diluted	$ 2.57	$ 2.16	$ 7.05	$ 7.14
Weighted average common shares outstanding
Basic	16,253,704	16,292,312	16,240,966	16,315,996
Diluted	16,374,982	16,423,912	16,355,790	16,445,568
Quarterly Dividend
Weighted average common shares outstanding
Cash dividends declared	$ 1.04	$ 1.03	$ 3.12	$ 3.09
Special Dividend
Weighted average common shares outstanding
Cash dividends declared	$ 0	$ 0	$ 0	$ 200
Fiduciary and Trust [Member]
Noninterest Income [Abstract]
Revenue from Contract with Customer, Including Assessed Tax	$ 8,216,000	$ 8,820,000	$ 25,872,000	$ 25,562,000
Deposit Account [Member]
Noninterest Income [Abstract]
Revenue from Contract with Customer, Including Assessed Tax	2,859,000	2,389,000	7,496,000	6,475,000
Bank Servicing [Member]
Noninterest Income [Abstract]
Revenue from Contract with Customer, Including Assessed Tax	$ 2,956,000	$ 6,668,000	$ 12,715,000	$ 23,444,000

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Consolidated Condensed Statements of Comprehensive Income - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Net Income	$ 42,068,000	$ 35,434,000	$ 115,267,000	$ 117,397,000
Other comprehensive income, net of tax:
Unrealized net holding loss on debt securities available-for-sale, net of income tax effect of $(10,617) and $(1,328) for the three months ended September 30, 2022 and 2021, respectively, and $(37,403) and $(3,650) for the nine months ended September 30, 2022 and 2021, respectively.	(39,939,000)	(4,997,000)	(140,704,000)	(13,736,000)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, after Tax	0	0	(52,000)	0
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, after Tax	0	117,000	154,000	355,000
Other comprehensive income (loss)	(39,939,000)	(4,880,000)	(140,498,000)	(13,381,000)
Comprehensive income	2,129,000	30,554,000	$ (25,231,000)	$ 104,016,000
Accumulated Other Comprehensive Income (loss) [Member]
Other comprehensive income, net of tax:
Other comprehensive income (loss)	$ (39,939,000)	$ (4,880,000)

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Consolidated Condensed Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Statement of Comprehensive Income [Abstract]
Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, Tax	$ (10,617)	$ (1,328)	$ (37,403)	$ (3,650)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, Tax			14
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, Tax		$ 31	$ 41	$ 94

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Consolidated Condensed Statements Of Changes In Stockholders' Equity - USD ($) $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	Preferred Stock [Member]	Preferred Stock [Member] Cumulative Effect, Period of Adoption, Adjusted Balance	Common Stock [Member]	Common Stock [Member] Cumulative Effect, Period of Adoption, Adjusted Balance	Retained Earnings [Member]	Retained Earnings [Member] Cumulative Effect, Period of Adoption, Adjustment	Retained Earnings [Member] Cumulative Effect, Period of Adoption, Adjusted Balance	Treasury Stock At Cost [Member]	Treasury Stock At Cost [Member] Cumulative Effect, Period of Adoption, Adjusted Balance	Accumulated Other Comprehensive Income (loss) [Member]	Accumulated Other Comprehensive Income (loss) [Member] Cumulative Effect, Period of Adoption, Adjusted Balance
Balance at Dec. 31, 2020		$ (8,000)	$ 0	$ 0	$ 460,687	$ 460,687	$ 704,764		$ 696,808	$ (130,766)	$ (130,766)	$ 5,571	$ 5,571
Balance (Accounting Standards Update 2016-13) at Dec. 31, 2020								$ (7,956)
Net Income							42,831
Other comprehensive income (loss)												(13,472)
Dividends on common shares							(20,365)
Cash payment for fractional shares in dividend reinvestment plan					(1)
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures					3,988		44			2,174
Share-based Payment Arrangement, Expense					1,836
Balance at Mar. 31, 2021			0		458,534		719,230			(128,592)		(7,901)
Common Stock, Dividends, Per Share, Cash Paid	$ 1.23
Stock Issued During Period, Shares, Restricted Stock Award, Gross	21,764
Stock issued during period, shares, withheld for tax, tax restricted stock	14,108
Balance at Dec. 31, 2020		$ (8,000)	0	$ 0	460,687	$ 460,687	704,764		$ 696,808	(130,766)	$ (130,766)	5,571	$ 5,571
Balance (Accounting Standards Update 2016-13) at Dec. 31, 2020								$ (7,956)
Net Income	$ 117,397
Other comprehensive income (loss)	(13,381)
Share-based Payment Arrangement, Expense	$ 4,500
Balance at Sep. 30, 2021			0		459,953		759,619			(143,850)		(7,810)
Stock issued during period, shares, withheld for tax, tax restricted stock	18,429
Balance at Mar. 31, 2021			0		458,534		719,230			(128,592)		(7,901)
Net Income							39,132
Other comprehensive income (loss)												4,971
Dividends on common shares							(17,081)
Cash payment for fractional shares in dividend reinvestment plan					(2)
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures					743		126			483
Share-based Payment Arrangement, Expense					1,487
Balance at Jun. 30, 2021			0		459,276		741,155			(128,109)		(2,930)
Common Stock, Dividends, Per Share, Cash Paid	$ 1.03
Stock Issued During Period, Shares, Restricted Stock Award, Gross	4,834
Stock issued during period, shares, withheld for tax, tax restricted stock	2,973
Net Income	$ 35,434						35,434
Other comprehensive income (loss)	(4,880)											(4,880)
Dividends on common shares							(16,999)
Cash payment for fractional shares in dividend reinvestment plan					(1)
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures					495		29			307
Share-based Payment Arrangement, Expense	$ 1,200				1,173
Balance at Sep. 30, 2021			0		459,953		759,619			(143,850)		(7,810)
Common Stock, Dividends, Per Share, Cash Paid	$ 1.03
Stock Issued During Period, Shares, Restricted Stock Award, Gross	3,079
Stock issued during period, shares, withheld for tax, tax restricted stock	1,348
Stock Repurchased During Period, Shares	137,659
Stock Repurchased During Period, Value	$ (16,048)
Balance at Dec. 31, 2021	$ 1,110,759		0		461,800		776,294			(142,490)		15,155
Net Income							38,875
Other comprehensive income (loss)												(55,624)
Dividends on common shares							(17,172)
Cash payment for fractional shares in dividend reinvestment plan					(2)
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures					4,508		964			3,021
Share-based Payment Arrangement, Expense					1,981
Balance at Mar. 31, 2022			0		459,271		797,033			(139,469)		(40,469)
Common Stock, Dividends, Per Share, Cash Paid	$ 1.04
Stock Issued During Period, Shares, Restricted Stock Award, Gross	29,757
Stock issued during period, shares, withheld for tax, tax restricted stock	18,658
Balance at Dec. 31, 2021	$ 1,110,759		0		461,800		776,294			(142,490)		15,155
Net Income	115,267
Other comprehensive income (loss)	(140,498)
Share-based Payment Arrangement, Expense	4,800
Balance at Sep. 30, 2022	$ 1,036,172		0		461,321		839,207			(139,013)		(125,343)
Stock issued during period, shares, withheld for tax, tax restricted stock	21,217
Balance at Mar. 31, 2022			0		459,271		797,033			(139,469)		(40,469)
Net Income							34,324
Other comprehensive income (loss)												(44,935)
Dividends on common shares							(17,116)
Share-based Payment Arrangement, Expense					1,374
Balance at Jun. 30, 2022			0		460,645		814,241			(139,469)		(85,404)
Common Stock, Dividends, Per Share, Cash Paid	$ 1.04
Net Income	$ 42,068						42,068
Other comprehensive income (loss)	(39,939)											(39,939)
Dividends on common shares							(17,101)
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures					765		1			456
Share-based Payment Arrangement, Expense	1,400				1,441
Balance at Sep. 30, 2022	$ 1,036,172		$ 0		$ 461,321		$ 839,207			$ (139,013)		$ (125,343)
Common Stock, Dividends, Per Share, Cash Paid	$ 1.04
Stock Issued During Period, Shares, Restricted Stock Award, Gross	4,490
Stock issued during period, shares, withheld for tax, tax restricted stock	2,559

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Consolidated Condensed Statements Of Changes In Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended						9 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021
Statement of Stockholders' Equity [Abstract]
Common Stock, Dividends, Per Share, Cash Paid	$ 1.04	$ 1.04	$ 1.04	$ 1.03	$ 1.03	$ 1.23
Stock Issued During Period, Shares, Restricted Stock Award, Gross	4,490		29,757	3,079	4,834	21,764
Stock issued during period, shares, withheld for tax, tax restricted stock	2,559		18,658	1,348	2,973	14,108	21,217	18,429

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Consolidated Condensed Statements Of Cash Flows - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Operating activities:
Net Income (Loss) Attributable to Parent	$ 115,267,000	$ 117,397,000
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for (recovery of) credit losses	1,576,000	(6,923,000)
Amortization of Deferred Loan Origination Fees, Net	(9,869,000)	(20,601,000)
Depreciation	10,341,000	9,951,000
Amortization of investment securities, net	2,596,000	1,442,000
Depreciation, Amortization and Accretion, Net	(402,000)	(1,375,000)
Gain on equity securities, net	(3,120,000)	(2,886,000)
Loan originations to be sold in secondary market	(157,868,000)	(465,278,000)
Proceeds from sale of loans in secondary market	169,212,000	503,032,000
Gain on sale of loans in secondary market	(495,000)	0
Share-based compensation expense	4,796,000	4,496,000
Gains (Losses) on Sales of Other Real Estate	(5,611,000)	26,000
Real Estate Owned, Valuation Allowance, Valuation Increase	(12,039,000)	(13,000)
Bank owned life insurance income	(4,734,000)	(3,776,000)
Investment in qualified affordable housing tax credits amortization	5,940,000	5,567,000
Changes in assets and liabilities:
Increase in other assets	(2,302,000)	(11,021,000)
(Decrease) increase in other liabilities	(8,963,000)	986,000
Net cash provided by operating activities	89,613,000	112,622,000
Investing activities:
Payments for (Proceeds from) Federal Home Loan Bank Stock	2,216,000	8,677,000
Proceeds from Sale of Debt Securities, Available-for-sale	0	934,000
Proceeds from Sale, Maturity and Collection of Investments [Abstract]
Available-for-sale securities	148,192,000	176,926,000
Payments to Acquire Investments [Abstract]
Payments to Acquire Debt Securities, Available-for-sale	(316,878,000)	(637,123,000)
Equity securities	(9,165,000)	0
Net loan originations, portfolio loans	(234,239,000)	269,366,000
Proceeds from Sale of Other Assets, Investing Activities	4,345,000	3,688,000
Payments for Affordable Housing Programs	(10,004,000)	(6,182,000)
Proceeds from the sale of OREO	17,684,000	659,000
Life insurance death benefits	8,380,000	4,862,000
Payment to Acquire Life Insurance Policy, Investing Activities	(7,500,000)	0
Purchases of premises and equipment	(6,576,000)	(10,670,000)
Net cash used in investing activities	(403,153,000)	(186,208,000)
Financing activities:
Net increase in deposits	188,536,000	900,305,000
Increase (Decrease) in Other Deposits	216,869,000	(108,239,000)
Net decrease in short-term borrowings	(49,293,000)	(106,251,000)
Repayments of Long-term Debt	0	(32,500,000)
Payment, Tax Withholding, Share-based Payment Arrangement	(2,761,000)	(2,403,000)
Payments for Repurchase of Common Stock	0	(16,048,000)
Cash dividends paid	(51,558,000)	(54,357,000)
Net cash provided by financing activities	301,793,000	580,507,000
Increase in cash and cash equivalents	(11,747,000)	506,921,000
Cash and cash equivalents at beginning of year	219,180,000	370,474,000
Cash and cash equivalents at end of period	207,433,000	877,395,000
Supplemental disclosures of cash flow information:
Cash paid for interest	18,805,000	14,930,000
Income Taxes Paid	16,070,000	16,430,000
Non cash activities:
Real Estate Owned, Transfer to Real Estate Owned	13,418,000	78,000
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability	4,270,000	547,000
Affordable Housing Program Obligation, Period Increase (Decrease)	10,000,000	10,000,000
Debt Securities [Member]
Non cash activities:
Transfer to Investments	0	52,508,000
Equity
Non cash activities:
Transfer to Investments	15,000,000	0
Other Investments
Payments to Acquire Investments [Abstract]
Payments to Acquire Other Investments	(392,000)	(2,655,000)
Consumer Portfolio Segment [Member]
Changes in assets and liabilities:
Increase in prepaid dealer premiums	(10,827,000)	(3,370,000)
Mortgage Loans on Real Estate [Member]
Adjustments to reconcile net income to net cash provided by operating activities:
Gain on sale of loans in secondary market	$ (3,885,000)	$ (15,032,000)

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Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2022

Statement of Comprehensive Income [Abstract]

Other Comprehensive Income (Loss)

Accumulated Other Comprehensive (Loss) Income

Other comprehensive (loss) income components, net of tax, are shown in the following table for the three-month and the nine-month periods ended September 30, 2022 and 2021:

(in thousands)		Changes in pension plan assets and benefit obligations		Unrealized net holding (loss) gain on cash flow hedge		Unrealized (losses) gains on debt securities AFS		Total
Beginning balance at July 1, 2022		$	(5,792)	$	—	$	(79,612)	$	(85,404)
	Other comprehensive loss before reclassifications	—		—		(39,939)		(39,939)
Net current period other comprehensive loss		—		—		(39,939)		(39,939)
Ending balance at September 30, 2022		$	(5,792)	$	—	$	(119,551)	$	(125,343)
Beginning balance at July 1, 2021		$	(34,421)	$	(460)	$	31,951	$	(2,930)
	Other comprehensive income (loss) before reclassifications	—		117		(4,997)		(4,880)
Net current period other comprehensive income (loss)		—		117		(4,997)		(4,880)
Ending balance at September 30, 2021		$	(34,421)	$	(343)	$	26,954	$	(7,810)

(in thousands)		Changes in pension plan assets and benefit obligations		Unrealized net holding (loss) gain on cash flow hedge		Unrealized gains (losses) on debt securities AFS		Total
Beginning balance at January 1, 2022		$	(5,792)	$	(206)	$	21,153	$	15,155
	Other comprehensive income (loss) before reclassifications	—		154		(140,704)		(140,550)
	Amounts reclassified from other comprehensive loss	—		52		—		52
Net current period other comprehensive income (loss)		—		206		(140,704)		(140,498)
Ending balance at September 30, 2022		$	(5,792)	$	—	$	(119,551)	$	(125,343)
Beginning balance at January 1, 2021		$	(34,421)	$	(698)	$	40,690	$	5,571
	Other comprehensive income (loss) before reclassifications	—		355		(13,736)		(13,381)
Net current period other comprehensive income (loss)		—		355		(13,736)		(13,381)
Ending balance at September 30, 2021		$	(34,421)	$	(343)	$	26,954	$	(7,810)

During the nine-month period ended September 30, 2022, there was $66,000 ($52,000 net of tax) reclassified out of accumulated other comprehensive loss due to a net loss on the early termination of a borrowing interest rate swap. This loss was recorded within "Miscellaneous" other expense on the Consolidated Condensed Statements of Income. During the three-month period ended September 30, 2022, there were no reclassifications out of accumulated other comprehensive (loss) income. During the three-month and the nine-month periods ended September 30, 2021, there were no reclassifications out of accumulated other comprehensive (loss) income.

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OCI Net of Tax

9 Months Ended

Sep. 30, 2022

Statement of Comprehensive Income [Abstract]

Comprehensive Income (Loss) [Table Text Block]

Other comprehensive (loss) income components, net of tax, are shown in the following table for the three-month and the nine-month periods ended September 30, 2022 and 2021:

(in thousands)		Changes in pension plan assets and benefit obligations		Unrealized net holding (loss) gain on cash flow hedge		Unrealized (losses) gains on debt securities AFS		Total
Beginning balance at July 1, 2022		$	(5,792)	$	—	$	(79,612)	$	(85,404)
	Other comprehensive loss before reclassifications	—		—		(39,939)		(39,939)
Net current period other comprehensive loss		—		—		(39,939)		(39,939)
Ending balance at September 30, 2022		$	(5,792)	$	—	$	(119,551)	$	(125,343)
Beginning balance at July 1, 2021		$	(34,421)	$	(460)	$	31,951	$	(2,930)
	Other comprehensive income (loss) before reclassifications	—		117		(4,997)		(4,880)
Net current period other comprehensive income (loss)		—		117		(4,997)		(4,880)
Ending balance at September 30, 2021		$	(34,421)	$	(343)	$	26,954	$	(7,810)

(in thousands)		Changes in pension plan assets and benefit obligations		Unrealized net holding (loss) gain on cash flow hedge		Unrealized gains (losses) on debt securities AFS		Total
Beginning balance at January 1, 2022		$	(5,792)	$	(206)	$	21,153	$	15,155
	Other comprehensive income (loss) before reclassifications	—		154		(140,704)		(140,550)
	Amounts reclassified from other comprehensive loss	—		52		—		52
Net current period other comprehensive income (loss)		—		206		(140,704)		(140,498)
Ending balance at September 30, 2022		$	(5,792)	$	—	$	(119,551)	$	(125,343)
Beginning balance at January 1, 2021		$	(34,421)	$	(698)	$	40,690	$	5,571
	Other comprehensive income (loss) before reclassifications	—		355		(13,736)		(13,381)
Net current period other comprehensive income (loss)		—		355		(13,736)		(13,381)
Ending balance at September 30, 2021		$	(34,421)	$	(343)	$	26,954	$	(7,810)

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Consolidated Condensed Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale, Allowance for Credit Loss	$ 0	$ 0
Debt Securities, Available-for-sale, Amortized Cost	$ 1,893,453	$ 1,727,363
Preferred Stock, Shares Authorized	200,000	200,000
Preferred Stock, Shares Issued	0	0
Common Stock, Shares Authorized	20,000,000
Common Stock, Shares, Issued	17,623,104	17,623,118
Treasury Stock, Shares	1,369,310	1,403,555

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Basis Of Presentation

9 Months Ended

Sep. 30, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis Of Presentation

Basis of Presentation

The accompanying unaudited consolidated condensed financial statements included in this report have been prepared for Park National Corporation (sometimes also referred to as the “Registrant”) and its subsidiaries. Unless the context otherwise requires, references to "Park", the "Corporation" or the "Company" and similar terms mean Park National Corporation and its subsidiaries. In the opinion of management, all adjustments (consisting of normal recurring accruals) necessary for a fair presentation of the results of operations for the interim periods included herein have been made. The results of operations for the three-month and the nine-month periods ended September 30, 2022 are not necessarily indicative of the operating results to be anticipated for the year ending December 31, 2022.

The accompanying unaudited consolidated condensed financial statements have been prepared in accordance with the instructions for Quarterly Reports on Form 10-Q and, therefore, do not include all information and footnotes necessary for a fair presentation of the consolidated condensed balance sheets, consolidated condensed statements of income, consolidated condensed statements of comprehensive (loss) income, consolidated condensed statements of changes in shareholders’ equity and consolidated condensed statements of cash flows in conformity with U.S. GAAP. These financial statements should be read in conjunction with the consolidated financial statements included in Item 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA in the Annual Report on Form 10-K of Park National Corporation for the fiscal year ended December 31, 2021 ("Park's 2021 Form 10-K"). Certain prior period amounts have been reclassified to conform to the current period presentation.

Park’s significant accounting policies are described in Note 1. Summary of Significant Accounting Policies of the Notes to Consolidated Financial Statements included in Park’s 2021 Form 10-K. For interim reporting purposes, Park follows the same basic accounting policies, as updated by the information contained in this report, and considers each interim period an integral part of an annual period.

The COVID-19 pandemic has caused significant, unprecedented disruption around the world that has affected daily living and negatively impacted the global economy. Additionally, geopolitical conflict (including the conflict in Ukraine) and inflationary pressures have added uncertainty to the overall economic environment. The effects of the COVID-19 pandemic, geopolitical conflict, and inflationary pressures may meaningfully impact significant estimates such as the allowance for credit losses, goodwill, mortgage servicing rights, and pension plan obligations and related expenses. Additionally, the COVID-19 pandemic has particularly impacted certain loan concentrations in the hotels and accommodations, restaurants and food service, and strip shopping centers industries.

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Recent Accounting Pronouncements

9 Months Ended

Sep. 30, 2022

Accounting Standards Update and Change in Accounting Principle [Abstract]

Recent Accounting Pronouncements

Adoption of New Accounting Pronouncements and Issued But Not Yet Effective Accounting Standards

The following is a summary of new accounting pronouncements impacting Park's consolidated financial statements:

Adoption of New Accounting Pronouncements

Staff Accounting Bulletin ("SAB") No. 121 - In March 2022, the SEC issued SAB No. 121. This SAB adds interpretive guidance for entities to consider when they have obligations to safeguard crypto-assets held for their platform users. Specifically, this SAB provides interpretive guidance on the accounting and disclosure of obligations to safeguard crypto-assets held for platform users. This guidance was applicable no later than the financial statement covering the first interim or annual period ending after June 15, 2022. Management reviewed its business activities as of the date of adoption, June 30, 2022, and determined that SAB 121 is not materially impactful to the financial statements. Management has continued to monitor on a quarterly basis and has determined that SAB 121 is not materially impactful to the financial statements as of September 30, 2022.

Issued But Not Yet Effective Accounting Standards

ASU 2022-02 - Financial Instruments - Credit Losses (Topic 326) Troubled Debt Restructurings and Vintage Disclosures: In March 2022, FASB issued ASU 2022-02 - Financial Instruments - Credit Losses (Topic 326) Troubled Debt Restructuring and Vintage Disclosures. ASU 2022-02 eliminates the accounting guidance for TDRs by creditors in Subtopic 310-40, Receivables - Troubled Debt Restructurings by Creditors, while enhancing disclosure requirements for certain loan refinancing and restructurings by creditors when a borrower is experiencing financial difficulty. Additionally, the amendments

in this ASU require that public business entities disclose current-period gross write-offs by year of origination for financing receivables and net investments in leases within the scope of Subtopic 326-20, Financial Instruments - Credit Losses - Measured at Amortized Cost.

For entities, like Park, that have adopted the amendments in ASU 2016-13, the amendments in ASU 2022-02 are effective for fiscal years beginning after December 15, 2022, including interim periods within those years. Early adoption is permitted, including adoption in an interim period. An entity may elect to adopt the loan modification guidance and related disclosure enhancements separately from the amendments related to vintage disclosures. The amendments in ASU 2022-02 should be applied prospectively, except for the amendments related to the recognition and measurement of TDRs which may be applied prospectively, or using a modified retrospective transition method. Management intends to adopt ASU 2022-02 effective January 1, 2023. The adoption of ASU 2022-02 is not expected to have a material impact on the financial statements but will impact disclosure requirements and reduce individually evaluated loan totals.

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Investment Securities

9 Months Ended

Sep. 30, 2022

Investments, Debt and Equity Securities [Abstract]

Investment Securities

Investment Securities

Investment securities at September 30, 2022 and December 31, 2021, were as follows:

Debt securities AFS (In thousands)	Amortized Cost		Gross Unrealized Holding  Gains		Gross Unrealized Holding  Losses		Fair Value
September 30, 2022:
Obligations of U.S. Treasury and other U.S. Government sponsored entities	$	39,000	$	—	$	878	$	38,122
Obligations of states and political subdivisions	424,193		100		30,375		393,918
U.S. Government sponsored entities' asset-backed securities	877,435		—		92,572		784,863
Collateralized loan obligations	535,575		—		26,517		509,058
Corporate debt securities	17,250		—		1,088		16,162
Total	$	1,893,453	$	100	$	151,430	$	1,742,123

 

Debt securities AFS (In thousands)	Amortized Cost		Gross Unrealized Holding  Gains		Gross Unrealized Holding  Losses		Fair Value
December 31, 2021:
Obligations of states and political subdivisions	$	366,933	$	22,682	$	24	$	389,591
U.S. Government sponsored entities' asset-backed securities	849,114		13,437		8,088		854,463
Collateralized loan obligations	500,066		3		1,395		498,674
Corporate debt securities	11,250		169		7		11,412
Total	$	1,727,363	$	36,291	$	9,514	$	1,754,140

Investment securities in an unrealized loss position at September 30, 2022, were as follows:

	Unrealized loss position for less than 12 months				Unrealized loss position for 12 months or longer				Total
(In thousands)	Fair value		Unrealized losses		Fair value		Unrealized losses		Fair value		Unrealized losses
Debt securities AFS:
Obligations of U.S. Treasury and other U.S. Government sponsored entities	$	38,122	$	878	$	—	$	—	$	38,122	$	878
Obligations of states and political subdivisions	369,881		30,375		—		—		369,881		30,375
U.S. Government sponsored entities' asset-backed securities	548,839		46,623		236,024		45,949		784,863		92,572
Collateralized loan obligations	361,935		19,046		147,123		7,471		509,058		26,517
Corporate debt securities	9,162		1,088		—		—		9,162		1,088
Total	$	1,327,939	$	98,010	$	383,147	$	53,420	$	1,711,086	$	151,430

 Investment securities in an unrealized loss position at December 31, 2021, were as follows:

 

	Unrealized loss position for less than 12 months				Unrealized loss position for 12 months or longer				Total
(In thousands)	Fair value		Unrealized losses		Fair value		Unrealized losses		Fair value		Unrealized losses
Debt securities AFS:
Obligations of states and political subdivisions	$	1,834	$	24	$	—	$	—	$	1,834	$	24
U.S. Government sponsored entities' asset-backed securities	333,653		4,996		73,431		3,092		407,084		8,088
Collateralized loan obligations	429,671		1,395		—		—		429,671		1,395
Corporate debt securities	2,243		7		—		—		2,243		7
Total	$	767,401	$	6,422	$	73,431	$	3,092	$	840,832	$	9,514

At September 30, 2022, Park’s debt securities portfolio consisted of $1.74 billion of securities, $1.71 billion of which were in an unrealized loss position with unrealized losses of $151.4 million. Of the $1.71 billion of securities in an unrealized loss position, $383.1 million were in an unrealized loss position for 12 months or longer. Of the $151.4 million in unrealized losses, an aggregate of $93.5 million were related to Park's "Obligations of U.S. Treasury and other U.S. Government sponsored entities" portfolio and Park's "U.S. Government sponsored entities' asset-backed securities" portfolio. For non-agency debt securities, Park verified that the current credit ratings remain above investment grade. Unrealized losses have not been recognized into earnings as they represent negative adjustments to fair value relative to the rate of interest paid on the securities and not losses related to the creditworthiness of the respective issuers. Management does not intend to sell, and it is not more likely than not that management would be required to sell, the securities prior to their anticipated recovery in respect of the unrealized losses. Management believes the value will recover as the securities approach maturity or market conditions change.

There was no allowance for credit losses recorded for debt securities AFS at either September 30, 2022 or December 31, 2021. Additionally, for the three months and the nine months ended September 30, 2022 and 2021, there were no credit-related investment impairment losses recognized.

The amortized cost and estimated fair value of investments in debt securities AFS at September 30, 2022, are shown in the following table by contractual maturity, except for asset-backed securities and collateral loan obligations, which are shown as a single total, due to the unpredictability of the timing of principal repayments. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties.

(In thousands)	Amortized cost		Fair value		Tax equivalent yield (1)
Debt Securities AFS
Obligations of U.S. Treasury and other U.S. Government sponsored entities
Due one through five years	$	39,000	$	38,122	2.37	%
Obligations of state and political subdivisions:
Due five through ten years	$	257,514	$	251,544	3.67	%
Due over ten years	166,679		142,374		3.20	%
Total (1)	$	424,193	$	393,918	3.49	%
U.S. Government sponsored entities' asset-backed securities	$	877,435	$	784,863	1.92	%
Collateralized loan obligations	$	535,575	$	509,058	4.54	%
Corporate debt securities
Due five through ten years	$	15,250	$	14,393	3.88	%
Due over ten years	$	2,000	$	1,769	3.13	%
Total	$	17,250	$	16,162	3.79	%

(1) The tax equivalent yield for certain obligations of state and political subdivisions includes the effect of a taxable equivalent adjustment using a 21% federal corporate income tax rate.

There were no sales of debt securities AFS during the three-month or the nine-month periods ended September 30, 2022 or 2021.

Investment securities having an amortized cost of $764.0 million and $733.7 million at September 30, 2022 and December 31, 2021, respectively, were pledged to collateralize government and trust department deposits in accordance with federal and state requirements, to secure repurchase agreements sold and as collateral for FHLB advance borrowings.

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Other Investment Securities

9 Months Ended

Sep. 30, 2022

Other Investment Securities [Abstract]

Other Investment Securities,

Other Investment Securities

Other investment securities consist of restricted stock investments in the FHLB, the FRB, and equity securities. The restricted FHLB and FRB stock investments are carried at their redemption value. Equity securities with a readily determinable fair value are carried at fair value. Equity securities without a readily determinable fair value are recorded at cost, minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions ("modified cost"). Park's portfolio of equity investments in limited partnerships which provide mezzanine funding ("Partnership Investments") are valued using the NAV practical expedient in accordance with ASC 820.

The carrying amounts of other investment securities at September 30, 2022 and December 31, 2021 were as follows:

 

(In thousands)	September 30, 2022		December 31, 2021
FHLB stock	$	11,197	$	13,413
FRB stock	14,653		14,653
Equity investments carried at fair value	1,746		2,129
Equity investments carried at modified cost (1)	14,726		4,689
Equity investments carried at NAV	43,623		26,384
Total other investment securities	$	85,945	$	61,268

(1) There have been no impairments or downward adjustments made to equity investments carried at modified cost. An upward adjustment of $871,000 was recorded in the nine months ended September 30, 2022 as a result of observable price changes.

During the three months and the nine months ended September 30, 2022, the FHLB repurchased 22,160 shares of FHLB stock with a book value of $2.2 million. During the three months ended September 30, 2021, the FHLB repurchased 21,286 shares of FHLB stock with a book value of $2.1 million. During the nine months ended September 30, 2021, the FHLB repurchased 86,770 shares of FHLB stock with a book value of $8.7 million. No shares of FRB stock were purchased or sold during the three months or the nine months ended September 30, 2022 or 2021.

During the three months ended September 30, 2022 and 2021, $(39,000) and $97,000, respectively, of (losses) gains on equity investments carried at fair value or modified cost were recorded within "Gain on equity securities, net" on the Consolidated Condensed Statements of Income. During the nine months ended September 30, 2022 and 2021, $488,000 and $492,000, respectively, of gains on equity investments carried at fair value or modified cost were recorded within "Gain on equity securities, net" on the Consolidated Condensed Statements of Income.

During the three months ended September 30, 2022 and 2021, $97,000 and $512,000, respectively, of gains on equity investments carried at NAV were recorded within “Gain on equity securities, net” on the Consolidated Condensed Statements of Income. During the nine months ended September 30, 2022 and 2021, $2.6 million and $2.4 million, respectively, of gains on equity investments carried at NAV were recorded within “Gain on equity securities, net” on the Consolidated Condensed Statements of Income.

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Loans

9 Months Ended

Sep. 30, 2021

Loans and Leases Receivable Disclosure [Abstract]

Loans

Loans

The composition of the loan portfolio at September 30, 2022 and December 31, 2021 was as follows:

 

	September 30, 2022		December 31, 2021
(In thousands)	Amortized Cost		Amortized Cost
Commercial, financial and agricultural: (1)
Commercial, financial and agricultural (1)	$	1,270,321	$	1,223,079
PPP loans	5,715		74,420
Overdrafts	1,957		1,127
Commercial real estate (1)	1,790,801		1,801,792
Construction real estate:
Commercial	200,580		214,561
Retail	111,127		107,225
Residential real estate:
Commercial	532,921		533,802
Mortgage	1,057,204		1,033,658
HELOC	166,989		165,605
Installment	4,251		5,642
Consumer:
Consumer	1,938,913		1,685,793
GFSC	452		1,793
Check loans	2,144		2,093
Leases	19,871		20,532
Total	$	7,103,246	$	6,871,122
Allowance for credit losses	(83,961)		(83,197)
Net loans	$	7,019,285	$	6,787,925

(1) Included within each of commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that were not broken out by class.

In order to support customers, Park participated in the CARES Act Paycheck Protection Program ("PPP"). For its assistance in originating the first round of PPP loans during 2020, Park received an aggregate of $20.2 million in fees from the SBA, and for its assistance in originating additional PPP loans during 2021, Park received an aggregate of $12.9 million in fees from the SBA. During the three months ended September 30, 2022 and September 30, 2021, $361,000 and $4.3 million, respectively, of PPP fee income was recognized within loan interest income. During the nine months ended September 30, 2022 and September 30, 2021, $2.9 million and $14.0 million, respectively, of PPP fee income was recognized within loan interest income.

Loans are shown net of deferred origination fees, costs and unearned income of $18.2 million at September 30, 2022, and of $19.5 million at December 31, 2021, which represented a net deferred income position in both years. At September 30, 2022 and December 31, 2021, included in the net deferred origination fees, costs and unearned income were $133,000 and $2.8 million, respectively, in net origination fees related to PPP loans. At September 30, 2022 and December 31, 2021, loans included purchase accounting adjustments of $2.7 million and $4.2 million, respectively, which represented a net deferred income position at each date. This fair market value purchase accounting adjustment is expected to be recognized into interest income on a level yield basis over the remaining expected life of the loans.

Overdrawn deposit accounts of $2.0 million and $1.1 million were reclassified to loans at September 30, 2022 and December 31, 2021, respectively.

Credit Quality

The following tables present the amortized cost of nonaccrual loans, accruing TDRs, and loans past due 90 days or more and still accruing, by class of loan, at September 30, 2022 and December 31, 2021:

 

	September 30, 2022
(In thousands)	Nonaccrual Loans		Accruing TDRs		Loans Past Due 90 Days  or More and Accruing		Total Nonperforming Loans
Commercial, financial and agricultural:
Commercial, financial and agricultural	$	10,736	$	1,478	$	30	$	12,244
PPP loans	—		—		8		8
Overdrafts	—		—		—		—
Commercial real estate	18,866		9,068		—		27,934
Construction real estate:
Commercial	439		—		—		439
Retail	10		4		—		14
Residential real estate:
Commercial	1,725		430		—		2,155
Mortgage	9,579		7,084		407		17,070
HELOC	1,172		197		—		1,369
Installment	67		1,009		4		1,080
Consumer:
Consumer	969		561		335		1,865
GFSC	14		—		6		20
Check loans	—		—		—		—
Leases	1,035		—		—		1,035
Total loans	$	44,612	$	19,831	$	790	$	65,233

	December 31, 2021
(In thousands)	Nonaccrual Loans		Accruing TDRs		Loans Past Due 90 Days or More and Accruing		Total Nonperforming Loans
Commercial, financial and agricultural
Commercial, financial and agricultural	$	13,271	$	9,396	$	—	$	22,667
PPP loans	—		—		793		793
Overdrafts	—		—		—		—
Commercial real estate	40,142		7,713		—		47,855
Construction real estate:
Commercial	52		169		—		221
Retail	716		9		—		725
Residential real estate:
Commercial	2,366		240		—		2,606
Mortgage	11,718		7,779		372		19,869
HELOC	1,590		803		—		2,393
Installment	82		1,508		—		1,590
Consumer
Consumer	1,518		700		431		2,649
GFSC	79		6		11		96
Check loans	—		—		—		—
Leases	1,188		—		—		1,188
Total loans	$	72,722	$	28,323	$	1,607	$	102,652

The following tables provide additional detail on nonaccrual loans and the related ACL, by class of loan, at September 30, 2022 and December 31, 2021:

	September 30, 2022
(In thousands)	Nonaccrual Loans With No ACL		Nonaccrual Loans With an ACL		Related ACL
Commercial, financial and agricultural:
Commercial, financial and agricultural	$	9,982	$	754	$	507
PPP loans	—		—		—
Overdrafts	—		—		—
Commercial real estate	15,288		3,578		1,152
Construction real estate:
Commercial	439		—		—
Retail	—		10		1
Residential real estate:
Commercial	1,725		—		—
Mortgage	—		9,579		78
HELOC	125		1,047		88
Installment	—		67		17
Consumer
Consumer	—		969		409
GFSC	—		14		1
Check loans	—		—		—
Leases	943		92		18
Total loans	$	28,502	$	16,110	$	2,271

	December 31, 2021
(In thousands)	Nonaccrual Loans With No ACL		Nonaccrual Loans With an ACL		Related ACL
Commercial, financial and agricultural:
Commercial, financial and agricultural	$	11,494	$	1,777	$	1,343
PPP loans	—		—		—
Overdrafts	—		—		—
Commercial real estate	39,151		991		188
Construction real estate:
Commercial	52		—		—
Retail	—		716		67
Residential real estate:
Commercial	2,366		—		—
Mortgage	—		11,718		73
HELOC	—		1,590		99
Installment	—		82		24
Consumer
Consumer	—		1,518		393
GFSC	—		79		10
Check loans	—		—		—
Leases	914		274		43
Total	$	53,977	$	18,745	$	2,240

Nonaccrual commercial loans are evaluated on an individual basis and are excluded from the collective evaluation. Management’s general practice is to proactively charge down loans individually evaluated to the fair value of the underlying collateral. Nonaccrual consumer loans are collectively evaluated based on similar risk characteristics.

The following tables provide the amortized cost basis of collateral-dependent loans by class of loan, as of September 30, 2022 and December 31, 2021:

	September 30, 2022
(In thousands)	Real Estate		Business Assets		Other		Total
Commercial, financial and agricultural
Commercial, financial and agricultural	$	8,716	$	3,318	$	225	$	12,259
Commercial real estate	31,436		30		—		31,466
Construction real estate:
Commercial	1,107		—		—		1,107
Residential real estate:
Commercial	2,452		—		—		2,452
Mortgage	94		—		—		94
HELOC	124		—		—		124
Leases	—		1,035		—		1,035
Total loans	$	43,929	$	4,383	$	225	$	48,537

	December 31, 2021
(In thousands)	Real Estate		Business Assets		Other		Total
Commercial, financial and agricultural
Commercial, financial and agricultural	$	9,321	$	13,366	$	156	$	22,843
Commercial real estate	52,901		37		—		52,938
Construction real estate:
Commercial	1,178		—		—		1,178
Residential real estate:
Commercial	2,906		—		57		2,963
Mortgage	370		—		—		370
HELOC	148		—		—		148
Leases	—		1,211		—		1,211
Total loans	$	66,824	$	14,614	$	213	$	81,651

Interest income on nonaccrual loans individually evaluated for impairment is recognized on a cash basis only when Park expects to receive the entire recorded investment in the loans. The following table presents interest income recognized on nonaccrual loans for the three-month and the nine-month periods ended September 30, 2022 and 2021:

	Interest Income Recognized
(In thousands)	Three Months Ended September 30, 2022		Three Months Ended September 30, 2021		Nine Months Ended September 30, 2022		Nine Months Ended September 30, 2021
Commercial, financial and agricultural:
Commercial, financial and agricultural	$	15	$	40	$	45	$	147
PPP loans	—		—		—		—
Overdrafts	—		—		—		—
Commercial real estate	237		458		751		1,480
Construction real estate:
Commercial	6		1		10		38
Retail	—		—		4		1
Residential real estate:
Commercial	24		60		64		180
Mortgage	43		90		112		233
HELOC	5		2		11		12
Installment	1		—		3		2
Consumer:
Consumer	14		23		42		71
GFSC	1		3		4		11
Check loans	—		—		—		—
Leases	9		17		33		61
Total loans	$	355	$	694	$	1,079	$	2,236

The following tables present the aging of the amortized cost in past due loans at September 30, 2022 and December 31, 2021 by class of loan:

	September 30, 2022
(In thousands)	Accruing  Loans Past Due  30-89 Days		Past Due  Nonaccrual Loans and Loans Past Due 90 Days or More and  Accruing (1)		Total Past  Due		Total Current (2)		Total  Amortized Cost
Commercial, financial and agricultural:
Commercial, financial and agricultural	$	1,356	$	9,303	$	10,659	$	1,259,662	$	1,270,321
PPP loans	780		8		788		4,927		5,715
Overdrafts	—		—		—		1,957		1,957
Commercial real estate	574		516		1,090		1,789,711		1,790,801
Construction real estate:
Commercial	158		—		158		200,422		200,580
Retail	—		—		—		111,127		111,127
Residential real estate:
Commercial	9		362		371		532,550		532,921
Mortgage	6,986		5,450		12,436		1,044,768		1,057,204
HELOC	282		631		913		166,076		166,989
Installment	46		7		53		4,198		4,251
Consumer:
Consumer	4,498		477		4,975		1,933,938		1,938,913
GFSC	46		10		56		396		452
Check loans	5		—		5		2,139		2,144
Leases	38		166		204		19,667		19,871
Total loans	$	14,778	$	16,930	$	31,708	$	7,071,538	$	7,103,246

(1) Includes an aggregate of $790,000 of loans past due 90 days or more and accruing. The remaining loans were past due nonaccrual loans.

(2) Includes an aggregate of $28.5 million of nonaccrual loans which were current in regards to contractual principal and interest payments.

	December 31, 2021
(in thousands)	Accruing  Loans Past Due  30-89 Days		Past Due  Nonaccrual Loans and Loans Past Due 90 Days or More and  Accruing (1)		Total Past  Due		Total Current (2)		Total  Amortized Cost
Commercial, financial and agricultural
Commercial, financial and agricultural	$	2,908	$	9,547	$	12,455	$	1,210,624	$	1,223,079
PPP loans	242		793		1,035		73,385		74,420
Overdrafts	—		—		—		1,127		1,127
Commercial real estate	65		1,461		1,526		1,800,266		1,801,792
Construction real estate:
Commercial	—		—		—		214,561		214,561
Retail	346		660		1,006		106,219		107,225
Residential real estate:
Commercial	283		438		721		533,081		533,802
Mortgage	6,170		5,933		12,103		1,021,555		1,033,658
HELOC	565		1,011		1,576		164,029		165,605
Installment	49		31		80		5,562		5,642
Consumer
Consumer	2,614		618		3,232		1,682,561		1,685,793
GFSC	153		52		205		1,588		1,793
Check loans	10		—		10		2,083		2,093
Leases	60		526		586		19,946		20,532
Total loans	$	13,465	$	21,070	$	34,535	$	6,836,587	$	6,871,122

(1) Includes an aggregate of $1.6 million of loans past due 90 days or more and accruing. The remaining loans were past due nonaccrual loans.

(2) Includes an aggregate of $53.3 million of nonaccrual loans which were current in regards to contractual principal and interest payments.

Credit Quality Indicators

Management utilizes past due information as a credit quality indicator across the loan portfolio. Past due information at September 30, 2022 and December 31, 2021 is included in the previous tables. The past due information is the primary credit quality indicator within the following classes of loans: (1) overdrafts in the commercial, financial and agricultural portfolio segment; (2) retail loans in the construction real estate portfolio segment; (3) mortgage loans, HELOC and installment loans in the residential real estate portfolio segment; and (4) consumer loans, GFSC loans, and check loans in the consumer portfolio segment. The primary credit indicator for commercial loans is based on an internal grading system that grades all commercial loans on a scale from 1 to 8. Credit grades are continuously monitored by the responsible loan officer and adjustments are made when appropriate. A grade of 1 indicates little or no credit risk and a grade of 8 is considered a loss. Commercial loans that are pass-rated (graded a 1 through a 4) are considered to be of acceptable credit risk. Commercial loans graded a 5 (special mention) are considered to be watch list credits and a higher PD is applied to these loans. Loans classified as special mention have potential weaknesses that require management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of Park’s credit position at some future date. Commercial loans graded a 6 (substandard), also considered watch list credits, are considered to represent higher credit risk and, as a result, a higher PD is applied to these loans. Loans classified as substandard are inadequately protected by the current sound worth and paying capacity of the obligor or the value of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that Park will sustain some loss if the deficiencies are not corrected. Commercial loans graded a 7 (doubtful) are shown as nonaccrual and Park generally charges these loans down to their fair value by taking a partial charge-off or recording a specific reserve. Loans classified as doubtful have all the weaknesses inherent in those classified as substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. Certain 6-rated loans and all 7-rated loans are placed on nonaccrual status and included within the individually evaluated category. A commercial loan is deemed nonaccrual, and is individually evaluated, when management

determines the borrower's ability to perform in accordance with the contractual loan agreement is in doubt. Any commercial loan graded an 8 (loss) is completely charged off.

Based on the most recent analysis performed, the risk category of loans by class of loans as of September 30, 2022 and December 31, 2021 were as follows:

September 30, 2022	Term Loans Amortized Cost Basis by Origination Year
(In thousands)	2022		2021		2020		2019		2018		Prior		Revolving Loans Amortized Cost Basis		Total
Commercial, financial and agricultural: Commercial, financial and agricultural (1)
Risk rating
Pass	$	146,540	$	221,469	$	166,613	$	68,641	$	36,924	$	62,427	$	523,166	$	1,225,780
Special Mention	622		1,554		1,076		613		38		92		27,378		31,373
Substandard	277		20		2,189		108		1,384		7,838		669		12,485
Doubtful	—		—		7		99		99		273		205		683
Total	$	147,439	$	223,043	$	169,885	$	69,461	$	38,445	$	70,630	$	551,418	$	1,270,321

Commercial, financial and agricultural: PPP
Risk rating
Pass	$	—	$	3,162	$	2,553	$	—	$	—	$	—	$	—	$	5,715
Special Mention	—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—
Total	$	—	$	3,162	$	2,553	$	—	$	—	$	—	$	—	$	5,715

Commercial real estate (1)
Risk rating
Pass	$	271,557	$	379,993	$	389,071	$	228,751	$	112,182	$	327,854	$	14,433	$	1,723,841
Special Mention	397		757		3,934		6,821		13,830		22,311		—		48,050
Substandard	413		1,292		1,043		1,549		4,293		6,596		150		15,336
Doubtful	—		—		—		—		2,966		608		—		3,574
Total	$	272,367	$	382,042	$	394,048	$	237,121	$	133,271	$	357,369	$	14,583	$	1,790,801

Construction real estate: Commercial
Risk rating
Pass	$	69,238	$	55,895	$	30,411	$	3,019	$	3,194	$	3,400	$	34,080	$	199,237
Special Mention	—		—		236		—		—		—		—		236
Substandard	—		132		307		—		668		—		—		1,107
Doubtful	—		—		—		—		—		—		—		—
Total	$	69,238	$	56,027	$	30,954	$	3,019	$	3,862	$	3,400	$	34,080	$	200,580

Residential Real Estate: Commercial
Risk rating
Pass	$	77,551	$	125,411	$	144,603	$	58,862	$	35,700	$	69,669	$	15,341	$	527,137
Special Mention	—		93		1,491		698		—		1,356		146		3,784
Substandard	195		464		321		32		309		679		—		2,000
Doubtful	—		—		—		—		—		—		—		—
Total	$	77,746	$	125,968	$	146,415	$	59,592	$	36,009	$	71,704	$	15,487	$	532,921

September 30, 2022	Term Loans Amortized Cost Basis by Origination Year
(In thousands)	2022		2021		2020		2019		2018		Prior		Revolving Loans Amortized Cost Basis		Total
Leases
Risk rating
Pass	$	6,869	$	4,275	$	3,996	$	1,529	$	1,209	$	853	$	—	$	18,731
Special Mention	105		—		—		—		—		—		—		105
Substandard	34		—		533		122		13		33		—		735
Doubtful	74		91		26		108		—		1		—		300
Total	$	7,082	$	4,366	$	4,555	$	1,759	$	1,222	$	887	$	—	$	19,871

Total Commercial Loans
Risk rating
Pass	$	571,755	$	790,205	$	737,247	$	360,802	$	189,209	$	464,203	$	587,020	$	3,700,441
Special Mention	1,124		2,404		6,737		8,132		13,868		23,759		27,524		83,548
Substandard	919		1,908		4,393		1,811		6,667		15,146		819		31,663
Doubtful	74		91		33		207		3,065		882		205		4,557
Total	$	573,872	$	794,608	$	748,410	$	370,952	$	212,809	$	503,990	$	615,568	$	3,820,209

(1) Included within each of commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that are not broken out by class.

December 31, 2021	Term Loans Amortized Cost Basis by Origination Year
(In thousands)	2021		2020		2019		2018		2017		Prior		Revolving Loans Amortized Cost Basis		Total
Commercial, financial and agricultural: Commercial, financial and agricultural (1)
Risk rating
Pass	$	267,016	$	208,078	$	100,736	$	52,705	$	36,528	$	59,909	$	468,749	$	1,193,721
Special Mention	1,608		1,592		429		59		277		—		11,986		15,951
Substandard	106		906		401		1,345		549		7,818		484		11,609
Doubtful	—		30		465		227		463		125		488		1,798
Total	$	268,730	$	210,606	$	102,031	$	54,336	$	37,817	$	67,852	$	481,707	$	1,223,079

Commercial, financial and agricultural: PPP
Risk rating
Pass	$	69,588	$	4,832	$	—	$	—	$	—	$	—	$	—	$	74,420
Special Mention	—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—
Total	$	69,588	$	4,832	$	—	$	—	$	—	$	—	$	—	$	74,420

Commercial real estate (1)
Risk rating
Pass	$	376,468	$	445,780	$	263,786	$	154,637	$	115,571	$	317,371	$	14,890	$	1,688,503
Special Mention	786		6,206		32,965		9,354		4,297		17,829		996		72,433
Substandard	3,897		2,578		1,385		11,373		5,967		14,541		450		40,191
Doubtful	—		—		—		—		47		618		—		665
Total	$	381,151	$	454,564	$	298,136	$	175,364	$	125,882	$	350,359	$	16,336	$	1,801,792

December 31, 2021	Term Loans Amortized Cost Basis by Origination Year
(In thousands)	2021		2020		2019		2018		2017		Prior		Revolving Loans Amortized Cost Basis		Total
Construction real estate: Commercial
Risk rating
Pass	$	96,929	$	76,867	$	7,003	$	4,841	$	1,856	$	3,412	$	22,444	$	213,352
Special Mention	202		—		—		691		—		—		—		893
Substandard	—		52		—		264		—		—		—		316
Doubtful	—		—		—		—		—		—		—		—
Total	$	97,131	$	76,919	$	7,003	$	5,796	$	1,856	$	3,412	$	22,444	$	214,561

Residential Real Estate: Commercial
Risk rating
Pass	$	138,801	$	165,202	$	67,921	$	44,896	$	26,583	$	70,434	$	15,507	$	529,344
Special Mention	95		884		106		79		—		497		135		1,796
Substandard	735		22		691		41		95		993		29		2,606
Doubtful	56		—		—		—		—		—		—		56
Total	$	139,687	$	166,108	$	68,718	$	45,016	$	26,678	$	71,924	$	15,671	$	533,802

Leases
Risk rating
Pass	$	6,705	$	5,729	$	2,628	$	2,151	$	705	$	845	$	—	$	18,763
Special Mention	198		111		184		67		21		—		—		581
Substandard	—		698		—		23		19		78		—		818
Doubtful	—		—		332		16		22		—		—		370
Total	$	6,903	$	6,538	$	3,144	$	2,257	$	767	$	923	$	—	$	20,532

Total Commercial Loans
Risk rating
Pass	$	955,507	$	906,488	$	442,074	$	259,230	$	181,243	$	451,971	$	521,590	$	3,718,103
Special Mention	2,889		8,793		33,684		10,250		4,595		18,326		13,117		91,654
Substandard	4,738		4,256		2,477		13,046		6,630		23,430		963		55,540
Doubtful	56		30		797		243		532		743		488		2,889
Total	$	963,190	$	919,567	$	479,032	$	282,769	$	193,000	$	494,470	$	536,158	$	3,868,186

(1) Included within each of commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that are not broken out by class.

Park considers the performance of the loan portfolio and its impact on the allowance for credit losses. For residential and consumer loan classes, Park also evaluates credit quality based on the aging status of the loan, which was previously presented, and by performing status. The following tables present the amortized cost in residential and consumer loans based on performing status. Park defines a loan as nonperforming if it is on nonaccrual status, designated as an accruing TDR, or is greater than 90 days past due and accruing.

September 30, 2022	Term Loans Amortized Cost Basis by Origination Year
(In thousands)	2022		2021		2020		2019		2018		Prior		Revolving Loans Amortized Cost Basis		Total
Commercial, financial and agricultural: Overdrafts
Performing	$	1,957	$	—	$	—	$	—	$	—	$	—	$	—	$	1,957
Nonperforming	—		—		—		—		—		—		—		—
Total	$	1,957	$	—	$	—	$	—	$	—	$	—	$	—	$	1,957

Construction Real Estate: Retail
Performing	$	49,821	$	43,035	$	9,093	$	4,751	$	1,746	$	2,591	$	76	$	111,113
Nonperforming	—		—		—		—		—		14		—		14
Total	$	49,821	$	43,035	$	9,093	$	4,751	$	1,746	$	2,605	$	76	$	111,127

Residential Real Estate: Mortgage
Performing	$	168,168	$	217,090	$	197,891	$	93,470	$	57,037	$	306,478	$	—	$	1,040,134
Nonperforming	—		—		357		564		578		15,571		—		17,070
Total	$	168,168	$	217,090	$	198,248	$	94,034	$	57,615	$	322,049	$	—	$	1,057,204

Residential Real Estate: HELOC
Performing	$	—	$	312	$	24	$	112	$	117	$	2,118	$	162,937	$	165,620
Nonperforming	—		—		45		—		—		1,156		168		1,369
Total	$	—	$	312	$	69	$	112	$	117	$	3,274	$	163,105	$	166,989

Residential Real Estate: Installment
Performing	$	78	$	—	$	2	$	271	$	68	$	2,752	$	—	$	3,171
Nonperforming	—		—		8		3		19		1,050		—		1,080
Total	$	78	$	—	$	10	$	274	$	87	$	3,802	$	—	$	4,251

Consumer: Consumer
Performing	$	731,330	$	501,209	$	366,792	$	171,775	$	71,891	$	77,727	$	16,324	$	1,937,048
Nonperforming	109		318		349		336		200		553		—		1,865
Total	$	731,439	$	501,527	$	367,141	$	172,111	$	72,091	$	78,280	$	16,324	$	1,938,913

Consumer: GFSC
Performing	$	—	$	—	$	81	$	213	$	70	$	7	$	61	$	432
Nonperforming	—		—		—		17		—		3		—		20
Total	$	—	$	—	$	81	$	230	$	70	$	10	$	61	$	452

Consumer: Check loans
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	2,144	$	2,144
Nonperforming	—		—		—		—		—		—		—		—
Total	$	—	$	—	$	—	$	—	$	—	$	—	$	2,144	$	2,144

Total Consumer Loans
Performing	$	951,354	$	761,646	$	573,883	$	270,592	$	130,929	$	391,673	$	181,542	$	3,261,619
Nonperforming	109		318		759		920		797		18,347		168		21,418
Total	$	951,463	$	761,964	$	574,642	$	271,512	$	131,726	$	410,020	$	181,710	$	3,283,037

December 31, 2021	Term Loans Amortized Cost Basis by Origination Year
(In thousands)	2021		2020		2019		2018		2017		Prior		Revolving Loans Amortized Cost Basis		Total
Commercial, financial and agricultural: Overdrafts
Performing	$	1,127	$	—	$	—	$	—	$	—	$	—	$	—	$	1,127
Nonperforming	—		—		—		—		—		—		—		—
Total	1,127		$	—	$	—	$	—	$	—	$	—	$	—	$	1,127

Construction Real Estate: Retail
Performing	$	68,374	$	26,247	$	5,710	$	2,743	$	1,505	$	1,842	$	79	$	106,500
Nonperforming	—		647		57		—		—		21		—		725
Total	$	68,374	$	26,894	$	5,767	$	2,743	$	1,505	$	1,863	$	79	$	107,225

Residential Real Estate: Mortgage
Performing	$	230,299	$	217,022	$	114,077	$	68,774	$	59,939	$	323,678	$	—	$	1,013,789
Nonperforming	—		626		785		824		574		17,060		—		19,869
Total	$	230,299	$	217,648	$	114,862	$	69,598	$	60,513	$	340,738	$	—	$	1,033,658

Residential Real Estate: HELOC
Performing	$	400	$	—	$	121	$	58	$	41	$	2,640	$	159,952	$	163,212
Nonperforming	89		40		—		37		90		1,811		326		2,393
Total	$	489	$	40	$	121	$	95	$	131	$	4,451	$	160,278	$	165,605

Residential Real Estate: Installment
Performing	$	—	$	3	$	418	$	111	$	1,049	$	2,471	$	—	$	4,052
Nonperforming	—		12		5		26		78		1,469		—		1,590
Total	$	—	$	15	$	423	$	137	$	1,127	$	3,940	$	—	$	5,642

Consumer: Consumer
Performing	$	649,638	$	505,555	$	259,230	$	119,222	$	64,699	$	62,136	$	22,664	$	1,683,144
Nonperforming	241		506		755		399		155		593		—		2,649
Total	$	649,879	$	506,061	$	259,985	$	119,621	$	64,854	$	62,729	$	22,664	$	1,685,793

Consumer: GFSC
Performing	$	—	$	243	$	986	$	292	$	63	$	5	$	108	$	1,697
Nonperforming	—		9		73		5		9		—		—		96
Total	$	—	$	252	$	1,059	$	297	$	72	$	5	$	108	$	1,793

Consumer: Check loans
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	2,093	$	2,093
Nonperforming	—		—		—		—		—		—		—		—
Total	$	—	$	—	$	—	$	—	$	—	$	—	$	2,093	$	2,093

Total Consumer Loans
Performing	$	949,838	$	749,070	$	380,542	$	191,200	$	127,296	$	392,772	$	184,896	$	2,975,614
Nonperforming	330		1,840		1,675		1,291		906		20,954		326		27,322
Total	$	950,168	$	750,910	$	382,217	$	192,491	$	128,202	$	413,726	$	185,222	$	3,002,936

Loans and Leases Acquired with Deteriorated Credit Quality

In conjunction with the NewDominion acquisition, Park acquired loans with a book value of $277.9 million as of the July 1, 2018 acquisition date. These loans were recorded at the initial fair value of $272.8 million. Loans acquired with deteriorated credit quality (ASC 310-30) with a book value of $5.1 million were recorded at the initial fair value of $4.9 million. In conjunction with the Carolina Alliance acquisition, Park acquired loans and leases with a book value of $589.7 million as of the April 1, 2019 acquisition date. These loans and leases were recorded at the initial fair value of $578.6 million. Loans and leases

acquired with deteriorated credit quality (ASC 310-30) with a book value of $19.9 million were recorded at the initial fair value of $18.4 million.

Upon adoption of CECL on January 1, 2021, $52,000 of the credit discount on PCD loans was reclassified to the allowance for credit losses. PCD loans are individually evaluated on a quarterly basis to determine if a specific reserve is necessary. At September 30, 2022 and December 31, 2021, there was no allowance for credit losses on PCD loans. The carrying amount of loans acquired with deteriorated credit quality at September 30, 2022 and December 31, 2021 was $4.9 million and $7.1 million, respectively.

Troubled Debt Restructurings

Management typically classifies loans as TDRs when a borrower is experiencing financial difficulties and Park has granted a concession to the borrower as part of a modification or in the loan renewal process. In order to determine whether a borrower is experiencing financial difficulty, an evaluation is performed of the probability that the borrower will be in payment default on any of the borrower's debt in the foreseeable future without the modification. This evaluation is performed in accordance with the Company’s internal underwriting policy. Management’s policy is to modify loans by extending the term or by granting a temporary or permanent contractual interest rate below the market rate, not by forgiving debt. A court's discharge of a borrower's debt in a Chapter 7 bankruptcy is considered a concession when the borrower does not reaffirm the discharged debt.

In response to the COVID-19 pandemic, Park has worked with borrowers and provided modifications in the form of either interest only deferral or principal and interest deferral, in each case, for initial periods of up to 90 days. As necessary, Park made available a second 90-day interest only deferral or principal and interest deferral bringing the total potential deferral period to six months. Modifications were structured in a manner to best address each individual customer's then current situation. A majority of these modifications were excluded from the TDR classification under Section 4013 of the CARES Act or under applicable interagency guidance of the federal banking regulators. The modified loans were considered current and continued to accrue interest during the deferral period. Section 4013 of the CARES Act expired on December 31, 2021; therefore, modifications occurring after that date are subject to previous TDR classification guidance.

Certain other loans which were modified during the three-month and the nine-month periods ended September 30, 2022 and 2021 did not meet the definition of a TDR as the modification was a delay in a payment that was considered to be insignificant. Management considers a forbearance period of up to three months or a delay in payment of up to 30 days to be insignificant. TDRs may be classified as accruing if the borrower has been current for a period of at least six months with respect to loan payments and management expects that the borrower will be able to continue to make payments in accordance with the terms of the restructured note. Management reviews all accruing TDRs quarterly to ensure payments continue to be made in accordance with the modified terms.

At September 30, 2022 and December 31, 2021, there were $14.0 million and $20.9 million, respectively, of TDRs included in the nonaccrual loan totals. At September 30, 2022 and December 31, 2021, $4.3 million and $10.5 million, respectively, of these nonaccrual TDRs were performing in accordance with the terms of the restructured notes. At September 30, 2022 and December 31, 2021, loans totaling $19.8 million and $28.3 million, respectively, were included in accruing TDR loan totals. Management will continue to review the restructured loans and may determine it is appropriate to move certain nonaccrual TDRs to accrual status in the future.

At September 30, 2022 and December 31, 2021, Park had commitments to lend $2.1 million and $3.0 million, respectively, of additional funds to borrowers whose outstanding loan terms had been modified in a TDR.

At September 30, 2022 and December 31, 2021, there were $0.2 million and $0.3 million, respectively, of specific reserves related to TDRs. Modifications made in 2022 and 2021 were largely the result of renewals and extending the maturity date of the loans at terms consistent with the original notes. These modifications were deemed to be TDRs primarily due to Park’s conclusion that the respective borrowers would likely not have qualified for similar terms through another lender. Many of the modifications deemed to be TDRs were previously identified as loans individually evaluated for impairment. There were $87,000 of additional specific reserves recorded during both the three-month and the nine-month periods ended September 30, 2022 as a result of TDRs identified in the respective periods. There were $156,000 and $174,000 of additional specific reserves recorded during the three-month and the nine-month periods ended September 30, 2021, respectively, as a result of TDRs identified in the respective periods.

Quarterly, management reviews renewals/modifications of loans previously identified as TDRs to consider if it is appropriate to remove the TDR classification. If the borrower is no longer experiencing financial difficulty and the renewal/modification did not contain a concessionary interest rate or other concessionary terms and the terms of the renewal/modification are considered

to be market terms based on the current risk characteristics of the borrower, management considers the potential removal of the TDR classification. If deemed appropriate, the TDR classification is removed if the borrower has complied with the terms of the loan at the date of the renewal/modification and there was a reasonable expectation that the borrower will continue to comply with the terms of the loan subsequent to the date of the renewal/modification. The majority of these TDRs were originally considered restructurings in a prior year as a result of a renewal/modification with an interest rate that was not commensurate with the risk of the underlying loan at the time of the renewal/modification. There were no TDR reclassifications removed during the three-month period ended September 30, 2022. There were $1.0 million of TDR classifications removed during the nine-month period ended September 30, 2022. The TDR classification was removed on $58,000 and $4.0 million of loans during the three-month and the nine-month periods ended September 30, 2021, respectively.

The terms of certain other loans were modified during the three-month and the nine-month periods ended September 30, 2022 and 2021 that did not meet the definition of a TDR. There were no substandard commercial loans modified during either of the three-month or the nine-month periods ended September 30, 2022, which did not meet the definition of a TDR. Excluding COVID-19 related modifications, there were no substandard commercial loans modified during either of the three-month or the nine-month periods ended September 30, 2021, which did not meet the definition of a TDR. Consumer loans modified during the three-month and the nine-month periods ended September 30, 2022, which did not meet the definition of a TDR, had a total amortized cost of $13.5 million and $29.5 million, respectively. Excluding COVID-19 related modifications, consumer loans modified during the three-month and the nine-month periods ended September 30, 2021, which did not meet the definition of a TDR, had a total amortized cost of $2.0 million and $4.8 million, respectively. Many of these loans were to borrowers who were not experiencing financial difficulties but who were looking to reduce their cost of funds.

The following tables detail the number of contracts modified as TDRs during the three-month periods ended September 30, 2022 and 2021, as well as the amortized cost of these contracts at September 30, 2022 and 2021. The amortized cost pre-and post-modification is generally the same due to the fact that Park does not typically forgive principal.

	Three Months Ended September 30, 2022
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Amortized Cost
Commercial, financial and agricultural
Commercial, financial and agricultural	4	$	227	$	511	$	738
PPP loans	—	—		—		—
Overdrafts	—	—		—		—
Commercial real estate	1	31		—		31
Construction real estate:
Commercial	—	—		—		—
Retail	—	—		—		—
Residential real estate:
Commercial	1	146		—		146
Mortgage	3	545		120		665
HELOC	1	—		10		10
Installment	2	—		29		29
Consumer:
Consumer	21	3		169		172
GFSC	—	—		—		—
Check loans	—	—		—		—
Leases	10	—		115		115
Total loans	43	$	952	$	954	$	1,906

	Three Months Ended September 30, 2021
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Amortized Cost
Commercial, financial and agricultural
Commercial, financial and agricultural	5	$	383	$	868	$	1,251
PPP loans	—	—		—		—
Overdrafts	—	—		—		—
Commercial real estate	5	—		5,053		5,053
Construction real estate:
Commercial	—	—		—		—
Retail	—	—		—		—
Residential real estate:
Commercial	2	96		125		221
Mortgage	3	—		102		102
HELOC	1	33		—		33
Installment	1	55		—		55
Consumer:
Consumer	28	15		250		265
GFSC	—	—		—		—
Check loans	—	—		—		—
Leases	—	—		—		—
Total loans	45	$	582	$	6,398	$	6,980

Of those loans which were modified and determined to be a TDR during the three-month period ended September 30, 2022, $0.2 million were on nonaccrual status at December 31, 2021. Of those loans which were modified and determined to be a TDR during the three-month period ended September 30, 2021, $4.5 million were on nonaccrual status at December 31, 2020.

The following tables detail the number of contracts modified as TDRs during the nine-month periods ended September 30, 2022 and 2021, as well as the amortized cost of these contracts at September 30, 2022 and 2021. The amortized cost pre-and post-modification is generally the same due to the fact that Park does not typically forgive principal.

	Nine Months Ended September 30, 2022
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Amortized Cost
Commercial, financial and agricultural
Commercial, financial and agricultural	6	$	227	$	511	$	738
PPP loans	—	—		—		—
Overdrafts	—	—		—		—
Commercial real estate	6	1,090		150		1,240
Construction real estate:
Commercial	—	—		—		—
Retail	—	—		—		—
Residential real estate:
Commercial	2	146		104		250
Mortgage	11	870		222		1,092
HELOC	3	—		29		29
Installment	9	48		38		86
Consumer:
Consumer	62	13		315		328
GFSC	—	—		—		—
Check loans	—	—		—		—
Leases	10	—		115		115
Total loans	109	$	2,394	$	1,484	$	3,878

	Nine Months Ended September 30, 2021
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Amortized Cost
Commercial, financial and agricultural
Commercial, financial and agricultural	9	$	383	$	899	$	1,282
PPP loans	—	—		—		—
Overdrafts	—	—		—		—
Commercial real estate	13	1,571		6,137		7,708
Construction real estate:
Commercial	1	98		—		98
Retail	—	—		—		—
Residential real estate:
Commercial	5	96		528		624
Mortgage	13	148		377		525
HELOC	5	80		106		186
Installment	7	93		27		120
Consumer:
Consumer	104	137		379		516
GFSC	—	—		—		—
Check loans	—	—		—		—
Leases	1	—		351		351
Total loans	158	$	2,606	$	8,804	$	11,410

Of those loans which were modified and determined to be a TDR during the nine-month period ended September 30, 2022, $0.7 million were on nonaccrual status at December 31, 2021. Of those loans which were modified and determined to be a TDR during the nine-month period ended September 30, 2021, $6.1 million were on nonaccrual status at December 31, 2020.

The following table presents the amortized cost in loans which were modified as TDRs within the previous 12 months and for which there was a payment default during the three-month periods ended September 30, 2022 and 2021, respectively. For this

table, a loan is considered to be in default when it becomes 30 days contractually past due under the modified terms. The additional ACL resulting from the defaults on TDR loans was immaterial.

 

	Three Months Ended September 30, 2022			Three Months Ended September 30, 2021
(In thousands)	Number of Contracts	Amortized Cost		Number of Contracts	Amortized Cost
Commercial, financial and agricultural:
Commercial, financial and agricultural	1	$	3	—	$	—
PPP loans	—	—		—	—
Overdrafts	—	—		—	—
Commercial real estate	—	—		—	—
Construction real estate:
Commercial	—	—		—	—
Retail	—	—		—	—
Residential real estate:
Commercial	1	103		—	—
Mortgage	2	110		4	330
HELOC	2	9		1	95
Installment	—	—		1	4
Consumer
Consumer	12	103		15	122
GFSC	—	—		—	—
Check loans	—	—		—	—
Leases	—	—		—	—
Total loans	18	$	328	21	$	551

Of the $0.3 million in modified TDRs which defaulted during the three-month period ended September 30, 2022, $6,000 were accruing loans and $0.3 million were nonaccrual loans. Of the $0.6 million in modified TDRs which defaulted during the three-month period ended September 30, 2021, $29,000 were accruing loans and $0.5 million were nonaccrual loans.

The following table presents the amortized cost in loans which were modified as TDRs within the previous 12 months and for which there was a payment default during the nine-month periods ended September 30, 2022 and 2021, respectively. For this

table, a loan is considered to be in default when it becomes 30 days contractually past due under the modified terms. The additional ACL resulting from the defaults on TDR loans was immaterial.

 

	Nine Months Ended September 30, 2022			Nine Months Ended September 30, 2021
(In thousands)	Number of Contracts	Amortized Cost		Number of Contracts	Amortized Cost
Commercial, financial and agricultural:
Commercial, financial and agricultural	2	$	57	—	$	—
PPP loans	—	—		—	—
Overdrafts	—	—		—	—
Commercial real estate	—	—		—	—
Construction real estate:
Commercial	—	—		—	—
Retail	—	—		—	—
Residential real estate:
Commercial	1	103		—	—
Mortgage	2	110		6	396
HELOC	4	64		1	95
Installment	—	—		2	32
Consumer
Consumer	18	144		16	128
GFSC	—	—		—	—
Check loans	—	—		—	—
Leases	—	—		1	351
Total loans	27	$	478	26	$	1,002

Of the $0.5 million in modified TDRs which defaulted during the nine-month period ended September 30, 2022, $10,000 were accruing loans and $0.5 million were nonaccrual loans. Of the $1.0 million in modified TDRs which defaulted during the nine-month period ended September 30, 2021, $29,000 were accruing loans and $1.0 million were nonaccrual loans.

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Allowance For Credit Losses

9 Months Ended

Sep. 30, 2022

Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery [Abstract]

Allowance For Loan Losses

Allowance for Credit Losses

The ACL is an estimate of the expected credit losses on financial assets measured at amortized cost, which is measured using relevant information about past events, including historical credit loss experience on financial assets with similar risk characteristics, current conditions, and reasonable and supportable forecasts that affect the collectability of the remaining cash flows over the contractual term of the financial assets. A provision for credit losses is charged to operations based on management’s periodic evaluation of these and other pertinent factors.

During the first quarter of 2021, Park adopted ASU 2016-13, including the CECL methodology for estimating the ACL. This standard was adopted prospectively on January 1, 2021, resulting in a $6.1 million increase to the ACL and a $3.9 million increase to the allowance for unfunded credit losses. A cumulative effect adjustment resulting in an $8.0 million decrease to retained earnings and a $2.1 million increase to deferred tax assets was also recorded as of the adoption of ASU 2016-13.

Quantitative Considerations

The ACL is primarily calculated utilizing a DCF model. Key inputs and assumptions used in this model are discussed below:

•Forecast model - For each portfolio segment, a LDA was performed in order to identify appropriate loss drivers and create a regression model for use in forecasting cash flows. The LDA analysis utilized Park's own FFIEC Call Report data for the commercial, financial and agricultural and residential real estate portfolio segments. Peer data was incorporated into the analysis for the commercial real estate, construction real estate, and consumer portfolio segments. Park plans to update the LDA annually; however, due to the impact of COVID-19, the LDA analysis was last updated in the fourth quarter of 2019.

•Probability of default – PD is the probability that an asset will be in default within a given time frame. Park has defined default to be when a charge-off has occurred, a loan is nonaccrual, or a loan is greater than 90 days past due.

Whenever possible, Park utilizes its own loan-level PDs for the reasonable and supportable forecast period. When loan-level data is not available reflecting the forecasted economic conditions, a forecast model is utilized to estimate PDs.

•Loss given default – LGD is the percentage of the asset not expected to be collected due to default. Whenever possible, Park utilizes its own loan-level LGDs for the reasonable and supportable forecast period. When it is not possible to use Park's own LGDs, the LGD is derived using a method referred to as Frye Jacobs.

•Prepayments and curtailments – Prepayments and curtailments are calculated based on Park’s own data utilizing a three-year average. This analysis is updated annually in the fourth quarter and was last updated in the fourth quarter of 2021.

•Forecast and reversion – Park has established a one-year reasonable and supportable forecast period with a one-year straight line reversion to the long-term historical average.

•Economic forecast - Park utilizes a third party to provide economic forecasts under various scenarios, which are weighted in order to reflect model risk in the current economic environment. The scenario weighting is evaluated by management on a quarterly basis.

◦As of December 31, 2021, the "most likely" scenario forecasted Ohio unemployment between 3.32% and 3.97% during the next four quarters. In determining the appropriate weighting of scenarios at December 31, 2021, management considered the range of forecasted unemployment as well as a number of economic indicators. While some economic indications continued to be optimistic, the Omicron variant, rising inflation, volatility in consumer confidence, employment, supply chain and workforce challenges continued to cause uncertainty in the overall economic environment. Considering these factors, management determined it was appropriate to weigh the "most likely" scenario 50% and the "moderate recession" scenario 50% at December 31, 2021.

◦As of March 31, 2022, the "most likely" scenario forecasted Ohio unemployment between 3.36% and 3.75% during the next four quarters. In determining the appropriate weighting of scenarios at March 31, 2022, management considered the range of forecasted unemployment as well as a number of economic indicators. While some economic indications were optimistic, the surging inflation, volatility in consumer confidence, workforce challenges, and geopolitical conflict (including the conflict between Russia and Ukraine) continued to cause uncertainty in the overall economic environment. Considering these factors, management determined it was appropriate to maintain the previous quarter's weighting, and weigh the "most likely" scenario 50% and the "moderate recession" scenario 50% at March 31, 2022. Improved forecasts, largely in the "moderate recession" scenario, resulted in a 4 basis point decline in the weighted quantitative allowance.

◦As of June 30, 2022, the "most likely" scenario forecasted Ohio unemployment between 3.36% and 3.57% during the next four quarters. In determining the appropriate weighting of scenarios at June 30, 2022, management considered the range of forecasted unemployment as well as a number of economic indicators. While some economic indications were optimistic, the surging inflation, declining consumer confidence, rising interest rates, geopolitical conflict (including the conflict between Russia and Ukraine), and workforce and supply chain challenges continued to cause uncertainty to the overall economic environment. Considering these factors, management determined it was appropriate to maintain the previous quarter's weighting, and weigh the "most likely" scenario 50% and the "moderate recession" scenario 50% at June 30, 2022. Deteriorating forecasts, largely in the "moderate recession" scenario, resulted in a 4 basis point increase in the weighted quantitative allowance.

◦As of September 30, 2022, the "most likely" scenario forecasted Ohio unemployment between 3.86% and 4.05% during the next four quarters. In determining the appropriate weighting of scenarios at September 30, 2022, management considered the range of forecasted unemployment as well as a number of economic indicators. The continued high inflation, low consumer confidence, rising interest rates, geopolitical conflict (including the conflict between Russia and Ukraine), and workforce and supply chain challenges continued to cause uncertainty to the overall economic environment. Considering these factors, management determined it was appropriate to maintain the previous quarter's weighting, and weigh the "most likely" scenario 50% and the "moderate recession" scenario 50% at September 30, 2022. Deteriorating forecasts, largely in the "moderate recession" scenario, resulted in a 4 basis point increase in the weighted quantitative allowance.

Qualitative Considerations

Park reviews various internal and external factors to consider the need for any qualitative adjustments to the quantitative model. Factors considered include the following:

•The nature and volume of Park’s financial assets; the existence, growth, and effect of any concentrations of credit and the volume and severity of past due financial assets, the volume of nonaccrual assets, and the volume and severity of adversely classified or graded assets. Specifically, management considers:

◦Trends (e.g., growth, reduction) in specific categories of the loan portfolio, as well as adjustments to the types of loans offered by Park.

◦Level of and trend in loan delinquencies, troubled loans, commercial watch list loans and nonperforming loans.

◦Level of and trend in new nonaccrual loans.

◦Level of and trend in loan charge-offs and recoveries.

•Park's lending policies and procedures, including changes in lending strategies, underwriting standards and practices for collections, write-offs and recoveries.

•The quality of Park’s credit review function.

•The experience, ability, and depth of Park’s lending, investment, collection, and other relevant management and staff.

•The effect of other external factors such as the regulatory, legal and technological environments; competition; geopolitical conflict; and events such as natural disasters or pandemics.

•Actual and expected changes in international, national, regional and local economic and business conditions and developments in the markets in which Park operates that affect the collectibility of financial assets.

•Where the U.S. economy is within a given credit cycle.

•The extent that there is government assistance (stimulus).

During 2020, Park added an additional reserve for three industries at particularly high risk due to the COVID-19 pandemic: hotels and accommodations; restaurants and food service; and strip shopping centers. These industries have experienced high levels of deferrals and have been particularly impacted by shut downs of non-essential businesses, increased health department regulations, and changes in consumer behavior. Management expects that a relatively higher percentage of the 4-rated credits in these portfolios will eventually migrate to special mention, substandard, or doubtful. In adopting CECL, management determined it was appropriate to retain this qualitative adjustment as this adjustment takes into account the additional risk in these portfolios, which is not captured in the quantitative calculation. Even though COVID-19 case numbers have declined since December 31, 2021, these industries are still recovering from the pandemic effects. As of September 30, 2022, additional reserves totaling $1.4 million were added for these portfolios on top of the quantitative reserve already calculated. This was a decrease from $5.2 million as of December 31, 2021 and reflected improvement in COVID-19 cases, eased COVID-19 health department precautions and improving affected industry performance. Management believes there is still residual risk in these portfolios related to pandemic effects and uncertainty in future COVID-19 strains and related impacts.

A breakout of the 4-rated balances within these portfolios and the additional reserve related to these portfolios is detailed in the following table:

	September 30, 2022				December 31, 2021
(in thousands)	4-Rated Balance		Additional Reserve		4-Rated Balance		Additional Reserve
Hotels and accommodations	$	182,806	$	687	$	148,018	$	2,226
Restaurants and food service	49,500		279		40,648		917
Strip shopping centers	168,144		464		184,171		2,033
Total	$	400,450	$	1,430	$	372,837	$	5,176

Additionally, at September 30, 2022, management applied a 0.50% reserve to all hotels and accommodations loans in the collectively evaluated population to account for increased valuation risk. This 0.50% reserve was reduced from 0.75% at June 30, 2022 and 1.00% at December 31, 2021. At September 30, 2022, Park's collectively evaluated hotels and accommodation loans had a balance of $218.0 million with an additional reserve related to valuation risks of $1.1 million. At December 31, 2021, Park's collectively evaluated hotels and accommodation loans had a balance of $203.9 million with an additional reserve related to valuation risks of $2.0 million.

As of September 30, 2022, Park had $5.7 million of PPP loans which were included in the commercial, financial and agricultural portfolio segment. These loans are guaranteed by the SBA and thus have not been reserved for using the same methodology as the rest of Park’s loan portfolio. A 10 basis point reserve was calculated for these loans to reflect minimal credit risk.

ACL Activity

The activity in the ACL for the three-month and the nine-month periods ended September 30, 2022 and September 30, 2021 is summarized in the following tables:

	Three Months Ended September 30, 2022
(In thousands)	Commercial, financial and agricultural		Commercial real estate		Construction real estate		Residential real estate		Consumer		Leases		Total
ACL:
Beginning balance	$	12,747	$	22,339	$	4,391	$	13,619	$	28,149	$	203	$	81,448
Charge-offs	543		—		—		—		1,169		36		1,748
Recoveries	110		36		20		20		884		1		1,071
Net charge-offs/(recoveries)	$	433	$	(36)	$	(20)	$	(20)	$	285	$	35	$	677
Provision for (recovery of) credit losses	563		(1,653)		87		1,464		2,699		30		3,190
Ending balance	$	12,877	$	20,722	$	4,498	$	15,103	$	30,563	$	198	$	83,961

 

	Three Months Ended September 30, 2021
(In thousands)	Commercial, financial and agricultural		Commercial real estate		Construction real estate		Residential real estate		Consumer		Leases		Total
ACL:
Beginning balance	$	15,222	$	22,749	$	5,670	$	13,113	$	26,261	$	562	$	83,577
Charge-offs	221		—		—		—		781		—		1,002
Recoveries	132		428		1,597		729		696		—		3,582
Net charge-offs/(recoveries)	$	89	$	(428)	$	(1,597)	$	(729)	$	85	$	—	$	(2,580)
Provision for (recovery of) credit losses	843		2,991		(1,003)		(2,080)		1,483		(262)		1,972
Ending balance	$	15,976	$	26,168	$	6,264	$	11,762	$	27,659	$	300	$	88,129

	Nine Months Ended September 30, 2022
(In thousands)	Commercial, financial and agricultural		Commercial real estate		Construction real estate		Residential real estate		Consumer		Leases		Total
ACL:
Beginning balance	$	14,025	$	25,466	$	5,758	$	11,424	$	26,286	$	238	$	83,197
Charge-offs	1,456		598		33		81		3,287		42		5,497
Recoveries	544		624		550		106		2,859		2		4,685
Net charge-offs/(recoveries)	$	912	$	(26)	$	(517)	$	(25)	$	428	$	40	$	812
(Recovery of) provision for credit losses	(236)		(4,770)		(1,777)		3,654		4,705		—		1,576
Ending balance	$	12,877	$	20,722	$	4,498	$	15,103	$	30,563	$	198	$	83,961

	Nine Months Ended September 30, 2021
(In thousands)	Commercial, financial and agricultural		Commercial real estate		Construction real estate		Residential real estate		Consumer		Leases		Total
ACL:
Beginning balance, prior to adoption of ASC 326	$	25,608	$	23,480	$	7,288	$	11,363	$	17,418	$	518	$	85,675
Impact of adopting ASC 326	(8,257)		2,119		(1,898)		3,121		10,925		80		6,090
Charge-offs	675		—		—		37		3,061		—		3,773
Recoveries	487		724		2,078		859		2,912		—		7,060
Net charge-offs/(recoveries)	$	188	$	(724)	$	(2,078)	$	(822)	$	149	$	—	$	(3,287)
Recovery of credit losses	(1,187)		(155)		(1,204)		(3,544)		(535)		(298)		(6,923)
Ending balance	$	15,976	$	26,168	$	6,264	$	11,762	$	27,659	$	300	$	88,129

ACL Summary

Loans collectively evaluated for impairment in the following tables include all performing loans at September 30, 2022 and December 31, 2021, as well as nonperforming loans internally classified as consumer loans. Nonperforming consumer loans are not typically individually evaluated for impairment, but receive a portion of the statistical allocation of the ACL. Loans individually evaluated for impairment include all internally classified commercial nonaccrual loans and TDRs at September 30, 2022 and December 31, 2021, which are individually evaluated for impairment in accordance with U.S. GAAP (see Note 1 - Summary of Significant Accounting Policies of the Notes to Consolidated Financial Statements included in Park’s 2021 Form 10-K).

The composition of the ACL at September 30, 2022 and December 31, 2021 was as follows:

 

	September 30, 2022
(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	$	579		$	1,153		$	—		$	—		$	—		$	18		$	1,750
Collectively evaluated for impairment	12,298			19,569			4,498			15,103			30,563			180			82,211
Acquired with deteriorated credit quality	—			—			—			—			—			—			—
Total ending allowance balance	$	12,877		$	20,722		$	4,498		$	15,103		$	30,563		$	198		$	83,961
Loan balance:
Loans individually evaluated for impairment	$	12,138		$	27,904		$	439		$	2,154		$	—		$	1,035		$	43,670
Loans collectively evaluated for impairment	1,265,734			1,759,335			310,600			1,758,695			1,941,509			18,836			7,054,709
Loans acquired with deteriorated credit quality	121			3,562			668			516			—			—			4,867
Total ending loan balance	$	1,277,993		$	1,790,801		$	311,707		$	1,761,365		$	1,941,509		$	19,871		$	7,103,246
ACL as a percentage of loan balance:
Loans individually evaluated for impairment	4.77		%	4.13		%	—		%	—		%	—		%	1.74		%	4.01		%
Loans collectively evaluated for impairment	0.97		%	1.11		%	1.45		%	0.86		%	1.57		%	0.96		%	1.17		%
Loans acquired with deteriorated credit quality	—		%	—		%	—		%	—		%	—		%	—		%	—		%
Total	1.01		%	1.16		%	1.44		%	0.86		%	1.57		%	1.00		%	1.18		%

	December 31, 2021
(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	$	1,385		$	188		$	—		$	—		$	—		$	43		$	1,616
Collectively evaluated for impairment	12,640			25,278			5,758			11,424			26,286			195			81,581
Acquired with deteriorated credit quality	—			—			—			—			—			—			—
Total ending allowance balance	$	14,025		$	25,466		$	5,758		$	11,424		$	26,286		$	238		$	83,197
Loan balance:
Loans individually evaluated for impairment	$	22,666		$	47,820		$	222		$	2,606		$	—		$	1,188		$	74,502
Loans collectively evaluated for impairment	1,275,783			1,748,854			320,608			1,735,226			1,689,679			19,321			6,789,471
Loans acquired with deteriorated credit quality	177			5,118			956			875			—			23			7,149
Total ending loan balance	$	1,298,626		$	1,801,792		$	321,786		$	1,738,707		$	1,689,679		$	20,532		$	6,871,122
ACL as a percentage of loan balance:
Loans individually evaluated for impairment	6.11		%	0.39		%	—		%	—		%	—		%	3.62		%	2.17		%
Loans collectively evaluated for impairment	0.99		%	1.45		%	1.80		%	0.66		%	1.56		%	1.01		%	1.20		%
Loans acquired with deteriorated credit quality	—		%	—		%	—		%	—		%	—		%	—		%	—		%
Total	1.08		%	1.41		%	1.79		%	0.66		%	1.56		%	1.16		%	1.21		%

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Mortgage Loans Held for Sale

9 Months Ended

Sep. 30, 2022

Receivables Held-for-sale [Abstract]

Mortgage Loans Held For Sale

Loans Held For Sale

Mortgage loans held for sale are carried at their fair value. At September 30, 2022 and December 31, 2021, respectively, Park had $1.9 million and $9.4 million in mortgage loans held for sale. These amounts are included in loans on the Consolidated Condensed Balance Sheets and in the residential real estate loan portfolio segment in Note 5 - Loans, and Note 6 - Allowance for Credit Losses. The contractual balance was $1.9 million and $9.2 million at September 30, 2022 and December 31, 2021, respectively. The gain expected upon sale was $26,000 and $166,000 at September 30, 2022 and December 31, 2021, respectively. None of these loans were 90 days or more past due or on nonaccrual status at September 30, 2022 or December 31, 2021.

During the three months ended June 30, 2022, Park transferred certain commercial loans held for investment, previously nonperforming, with an amortized cost of $6.3 million, to the loans held for sale portfolio. The transferred loans were recorded at the lower of cost or fair value, recording a charge-off in each instance where the fair value of an individual loan was deemed to be below the carrying cost at the time the loans were moved to the held for sale portfolio. The sale of $3.9 million in loans held for sale was subsequently completed during the three months ended September 30, 2022, and Park recognized a gain on sale of $495,000 which is recorded within "Miscellaneous income" on the Consolidated Condensed Statements of Income. The remaining $2.4 million in loans held for sale were transferred back to loans held for investment at the lower of cost or fair value. No non-performing loans were held for sale or sold during the three months or the nine months ended September 30, 2021.

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Goodwill and other intangibles

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets Disclosure [Text Block]

Goodwill and Other Intangible Assets

The following tables show the activity in goodwill and other intangible assets for the three-month and the nine-month periods ended September 30, 2022 and 2021.

(in thousands)	Goodwill		Other intangible assets		Total
July 1, 2021	$	159,595	$	8,302	$	167,897
Amortization	—		420		420
September 30, 2021	$	159,595	$	7,882	$	167,477
July 1, 2022	$	159,595	$	6,657	$	166,252
Amortization	—		341		341
September 30, 2022	$	159,595	$	6,316	$	165,911

(in thousands)	Goodwill		Other intangible assets		Total
December 31, 2020	$	159,595	$	9,260	$	168,855
Amortization	—		1,378		1,378
September 30, 2021	$	159,595	$	7,882	$	167,477
December 31, 2021	$	159,595	$	7,462	$	167,057
Amortization	—		1,146		1,146
September 30, 2022	$	159,595	$	6,316	$	165,911

Park evaluates goodwill for impairment during the second quarter of each year, with financial data as of March 31. Based on the qualitative analysis performed as of April 1, 2022, the Company determined that goodwill for Park's reporting unit, PNB, was not impaired.

Acquired Intangible Assets

The following table shows the balance of acquired intangible assets as of September 30, 2022 and December 31, 2021.

	September 30, 2022				December 31, 2021
(in thousands)	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Other intangible assets:
Core deposit intangible assets	$	14,456	$	8,140	$	14,456	$	6,994
Trade name intangible assets	1,300		1,300		1,300		1,300
Total	$	15,756	$	9,440	$	15,756	$	8,294

Core deposit intangible assets are being amortized, on an accelerated basis, over a period of ten years. Aggregate amortization expense was $341,000 and $420,000 for the three months ended September 30, 2022 and 2021, respectively, and was $1.1 million and $1.4 million for the nine months ended September 30, 2022 and 2021, respectively.

Estimated amortization expense related to core deposit intangible assets for each of the next five years follows:

(in thousands)	Total
Three months ending December 31, 2022	$	341
2023	1,323
2024	1,215
2025	1,042
2026	887

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Investment in Qualified Affordable Housing

9 Months Ended

Sep. 30, 2022

Equity Method Investments and Joint Ventures [Abstract]

Investment in Qualified Affordable Housing

Investment in Qualified Affordable Housing

Park makes certain equity investments in various limited partnerships that sponsor affordable housing projects. The purposes of these investments are to achieve a satisfactory return on capital, help create affordable housing opportunities, and assist the Company to achieve its goals associated with the Community Reinvestment Act.

The table below details the balances of Park’s affordable housing tax credit investments and related unfunded commitments at September 30, 2022 and December 31, 2021.

(in thousands)	September 30, 2022		December 31, 2021
Affordable housing tax credit investments	$	62,771	$	58,711
Unfunded commitments	28,480		28,484

Commitments are funded when capital calls are made by the general partner. Park expects that the current commitments will be funded between the remainder of 2022 and 2032.

Park recognized amortization expense of $2.0 million and $1.9 million, respectively, for the three months ended September 30, 2022 and 2021, and $5.9 million and $5.6 million, respectively, for the nine months ended September 30, 2022 and 2021, which were included within the provision for income taxes. Additionally, during the three months ended September 30, 2022 and 2021, Park recognized tax credits and other benefits from its affordable housing tax credit investments of $2.5 million and $1.9 million, respectively, and during the nine months ended September 30, 2022 and 2021, recognized $7.4 million and $7.2 million, respectively, which were included within the provision for income taxes.

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Other Real Estate Owned

9 Months Ended

Sep. 30, 2022

Other Real Estate Owned [Abstract]

Other Real Estate Owned

Foreclosed and Repossessed Assets

Park typically transfers a loan to OREO at the time that Park takes deed/title to the real estate property asset. The carrying amounts of foreclosed real estate properties held at September 30, 2022 and December 31, 2021 are listed below, as well as the recorded investment of loans secured by residential real estate properties for which formal foreclosure proceedings were in process at those dates.

(in thousands)	September 30, 2022		December 31, 2021
OREO:
Commercial real estate	$	1,354	$	—
Residential real estate	—		775
Total OREO	$	1,354	$	775
Loans in process of foreclosure:
Residential real estate	$	1,567	$	1,148

Assets acquired through or in lieu of loan foreclosure are initially recorded at fair value less costs to sell when acquired. During the three months and the nine months ended September 30, 2022, Park recognized a $12.0 million OREO valuation markup related to the foreclosure and subsequent sale of a property collateralizing a former Vision Bank relationship. This income is included in "OREO valuation markup" on the Consolidated Condensed Statements of Income. There was no OREO valuation

markup related to former Vision Bank relationships during the three-month or the nine-month periods ended September 30, 2021.

During the three months and the nine months ended September 30, 2022, Park recognized a $5.6 million gain on the sale of OREO related to former Vision Bank relationships. This income is included in "Gain (loss) on sale of OREO, net" on the Consolidated Condensed Statements of Income. There was no gain or loss on sale of OREO related to former Vision Bank relationships during the three-month or the nine-month periods ended September 30, 2021.

In addition to real estate, Park may also repossess different types of collateral. At September 30, 2022 and December 31, 2021, Park had $352,000 and $3.3 million, respectively, in other repossessed assets which are included in "Other assets" on the Consolidated Condensed Balance Sheets. At December 31, 2021, the other repossessed assets largely consisted of an aircraft acquired as part of a loan workout.

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Loan Servicing

9 Months Ended

Sep. 30, 2022

Transfers and Servicing of Financial Assets [Abstract]

Loan Servicing

Loan Servicing

Park serviced sold mortgage loans of $2.09 billion at September 30, 2022, $2.13 billion at December 31, 2021 and $2.12 billion at September 30, 2021. At September 30, 2022, $3.3 million of the sold mortgage loans were sold with recourse, compared to $3.3 million at December 31, 2021 and $3.5 million at September 30, 2021. Management closely monitors the delinquency rates on the mortgage loans sold with recourse. At September 30, 2022 and December 31, 2021, management had established reserves of $61,000 and $57,000, respectively, to account for expected losses on loan repurchases.

When Park sells mortgage loans with servicing rights retained, these servicing rights are initially recorded at fair value. Park has selected the “amortization method” as permissible within U.S. GAAP, whereby the servicing rights capitalized are amortized in proportion to and over the period of estimated future servicing income with respect to the underlying loan. At the end of each reporting period, the carrying value of MSRs is assessed for impairment with a comparison to fair value. MSRs are carried at the lower of their amortized cost or fair value. The amortization of MSRs is included within "Other service income" in the Consolidated Condensed Statements of Income.

Activity for MSRs and the related valuation allowance follows:

 

	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands)	2022		2021		2022		2021
Mortgage servicing rights:
Carrying amount, net, beginning of period	$	16,470	$	14,316	$	15,264	$	12,210
Additions	254		1,114		1,336		4,061
Amortization	(592)		(835)		(1,804)		(2,753)
Change in valuation allowance	59		(39)		1,395		1,038
Carrying amount, net, end of period	$	16,191	$	14,556	$	16,191	$	14,556
Valuation allowance:
Beginning of period	$	232	$	2,112	$	1,568	$	3,189
Change in valuation allowance	(59)		39		(1,395)		(1,038)
End of period	$	173	$	2,151	$	173	$	2,151

Servicing fees included in "Other service income" were $1.4 million for each of the three months ended September 30, 2022 and 2021, respectively, and were $4.1 million and $4.0 million for the nine months ended September 30, 2022 and 2021, respectively.

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Leases

9 Months Ended

Sep. 30, 2022

Leases [Abstract]

Lessee, Operating Leases

LeasesPark is a lessee in several noncancellable operating lease arrangements, primarily for retail branches, administrative and warehouse buildings, ATMs, and certain office equipment within its Ohio, North Carolina, South Carolina, and Kentucky markets. Certain of these leases contain renewal options for periods ranging from one to five years. Park’s leases generally do not include termination options for either party to the lease or restrictive financial or other covenants. Payments due under the

lease contracts include fixed payments plus, for many of Park’s real estate leases, variable payments such as Park's proportionate share of property taxes, insurance and common area maintenance.

Park elected the practical expedient, by class of underlying asset, to not separate non-lease components from the associated lease components. Additionally, Park has elected not to recognize ROU assets and lease liabilities for short-term leases that have a lease term of 12 months or less. Park recognizes the lease payments associated with its short-term leases as an expense on a cash basis.

Management determines if an arrangement is or contains a lease at contract inception. If an arrangement is determined to be or contain a lease, Park recognizes a ROU asset and a lease liability at the lease commencement date. Leases are classified as operating or finance leases at the lease commencement date. At September 30, 2022 and December 31, 2021, all of Park's leases were classified as operating leases.

Park’s lease liability is initially and subsequently measured as the present value of the unpaid lease payments at the lease commencement date. Key estimates and judgments related to the lease liability include how management determines (1) the discount rate it uses to discount the unpaid lease payments to present value, (2) the lease term, and (3) lease payments.

•ASC 842 requires a lessee to discount its unpaid lease payments using the interest rate implicit in the lease or, if that rate cannot be readily determined, its incremental borrowing rate. Generally, Park's management cannot determine the interest rate implicit in a lease because it does not have access to the lessor’s estimated residual value or the amount of the lessor’s deferred initial direct costs. Therefore, Park utilizes its incremental borrowing rate as the discount rate for leases. Park’s incremental borrowing rate for a lease is the rate of interest Park would have to pay on a collateralized basis to borrow an amount equal to the lease payments under similar terms. To manage its capital and liquidity needs, Park periodically obtains wholesale funding from the FHLB on an over-collateralized basis. The impact of utilizing an interest rate on an over-collateralized borrowing versus a fully collateralized borrowing is not material. Therefore, the FHLB yield curve was selected by Park's management as a baseline to determine Park’s discount rates for leases.

•The lease term for all of Park's leases includes the noncancellable period of the lease plus any additional periods covered by either Park's option to extend (or not to terminate) the lease that Park is reasonably certain to exercise, or an option to extend (or not to terminate) the lease controlled by the lessor. If a lease contract contains multiple renewal options, Park's management generally models lease cash flows through the first renewal option period unless the contract contains economic incentives or other conditions that increase or decrease the likelihood that additional renewals are reasonably certain to be exercised.

•Lease payments included in the measurement of the lease liability are comprised of the following:

–Fixed payments, including in-substance fixed payments, owed over the lease term;

–For certain of Park's gross real estate leases, non-lease components such as real estate taxes, insurance, and common area maintenance; and

–Variable lease payments that depend on an index or rate, initially measured using the index or rate at the lease commencement date.

The ROU asset is initially measured at cost, which comprises the initial amount of the lease liability adjusted for lease payments made at or before the lease commencement date, plus any initial direct costs incurred less any lease incentives received. For operating leases, the ROU asset is subsequently measured throughout the lease term at the carrying amount of the lease liability, plus initial direct costs, plus (minus) any prepaid (accrued) lease payments, less the unamortized balance of lease incentives received. Lease expense for lease payments is recognized on a straight-line basis over the lease term.

Park's operating lease ROU asset and lease liability are presented in “Operating lease right-of-use asset" and "Operating lease liability," respectively, on Park's Consolidated Condensed Balance Sheets. The carrying amounts of Park's ROU asset and lease liability at September 30, 2022 were $15.5 million and $16.4 million, respectively. At December 31, 2021, the carrying amounts of Park's ROU asset and lease liability were $13.4 million and $14.3 million, respectively. Park's operating lease expense is recorded in "Occupancy expense" on the Company's Consolidated Condensed Statements of Income.

Other information related to operating leases for the three-month and the nine-month periods ended September 30, 2022 and 2021 follows:

	Three Months Ended				Nine Months Ended
(in thousands)	September 30, 2022		September 30, 2021		September 30, 2022		September 30, 2021
Lease cost
Operating lease cost	$	811	$	705	$	2,286	$	2,124
Sublease income	(63)		(63)		(189)		(189)
Total lease cost	$	748	$	642	$	2,097	$	1,935
Other information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	766	$	777	$	2,307	$	2,329
ROU assets obtained in exchange for new operating lease liabilities	$	88	$	367	$	4,270	$	547
Reductions to ROU assets resulting from reductions to lease obligations	$	(697)	$	(695)	$	(2,090)	$	(2,074)

At September 30, 2022 and December 31, 2021, Park's operating leases had a weighted average remaining term of 8.7 years and 6.8 years, respectively. The weighted average discount rate of Park's operating leases was 2.7% and 2.3% at September 30, 2022 and December 31, 2021, respectively.

Undiscounted cash flows included in lease liabilities have expected contractual payments as follows:

(in thousands)	September 30, 2022
Three months ending December 31, 2022	$	763
2023	3,306
2024	2,179
2025	1,860
2026	1,806
Thereafter	8,885
Total undiscounted minimum lease payments	$	18,799
Present value adjustment	(2,385)
Total lease liabilities	$	16,414

In September 2021, the Company entered into a noncancellable operating lease for an additional retail office for an initial term of 12 years, with two five-year renewal options. This lease is expected to commence during the fourth quarter of 2022, and therefore, was not recognized as of December 31, 2021 or September 30, 2022. The fixed payments due on an undiscounted basis over the noncancellable 12-year period of the lease are $3.5 million. The Company will assess the lease term as of the lease commencement date, but does not presently expect that either of the five-year renewal periods will be exercised.

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Repurchase Agreement Borrowings

9 Months Ended

Sep. 30, 2022

Transfers and Servicing [Abstract]

Repurchase Agreement Borrowings

Repurchase Agreement Borrowings

Securities sold under agreements to repurchase ("repurchase agreements") with customers represent funds deposited by customers, generally on an overnight basis, that are collateralized by investment securities owned by Park. Repurchase agreements with customers are included in "Short-term borrowings" on the Consolidated Condensed Balance Sheets.

All repurchase agreements are subject to terms and conditions of repurchase/security agreements between Park and the client and are accounted for as secured borrowings. Park's repurchase agreements consist of customer accounts and securities which are pledged on an individual security basis.

At September 30, 2022 and December 31, 2021, Park's repurchase agreement borrowings totaled $189.5 million and $213.8 million, respectively. These borrowings were collateralized with U.S. government sponsored entities' asset-backed securities with a fair value of $236.8 million and $334.9 million at September 30, 2022 and December 31, 2021, respectively. Declines in the value of the collateral would require Park to pledge additional securities. As of September 30, 2022 and December 31, 2021, Park had $1,164 million and $1,225 million, respectively, of available unpledged securities.

The table below shows the remaining contractual maturity of repurchase agreements by collateral pledged at September 30, 2022 and December 31, 2021:

	September 30, 2022
(in thousands)	Remaining Contractual Maturity of the Agreements
	Overnight and Continuous		Up to 30 days		30 - 90 days		Greater than 90 days		Total
U.S. government and agency securities	$	189,493	$	—	$	—	$	—	$	189,493
	December 31, 2021
(in thousands)	Remaining Contractual Maturity of the Agreements
	Overnight and Continuous		Up to 30 days		30 - 90 days		Greater than 90 days		Total
U.S. government and agency securities	$	213,786	$	—	$	—	$	—	$	213,786

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Derivatives

9 Months Ended

Sep. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments and Hedging Activities Disclosure [Text Block]

Derivatives

Park uses certain derivative financial instruments (or "derivatives") to meet the needs of its clients while managing the interest rate risk associated with certain transactions. Park does not use derivatives for speculative purposes. A summary of derivative financial instruments utilized by Park follows.

Interest Rate Swaps

Park utilizes interest rate swap agreements as part of its asset-liability management strategy to help manage its interest rate risk position and as a means to meet the financing, interest rate and other risk management needs of qualifying commercial banking customers. The notional amount of the interest rate swaps does not represent the amount exchanged by the parties. The amount exchanged is determined by reference to the notional amount and the other terms of the individual interest rate swap agreements.

Borrowing Derivatives: At September 30, 2022, Park had no borrowing derivatives. Interest rate swaps with notional amounts totaling $25.0 million at December 31, 2021 were designated as cash flow hedges of certain FHLB advances.

Loan Derivatives: In conjunction with the Carolina Alliance acquisition, Park acquired interest rate swaps related to certain commercial loans. Simultaneously with borrowers entering into interest rate swaps, Carolina Alliance entered into offsetting interest rate swaps executed with a third party, such that Carolina Alliance minimized its net interest rate risk exposure resulting from such transactions. These interest rate swaps had a notional amount totaling $22.8 million and $29.7 million at September 30, 2022 and December 31, 2021, respectively.

All of the Company's interest rate swaps were determined to be fully effective during each of the three-month and the nine-month periods ended September 30, 2022 and September 30, 2021. As such, no amount of ineffectiveness has been included in net income. Therefore, the aggregate fair value of the swaps is recorded in "Other assets" and "Other liabilities" with changes in fair value recorded in "Other comprehensive (loss) income". The amount included in "Accumulated other comprehensive (loss) income, net of tax" would be reclassified to current earnings should the hedges no longer be considered effective. During the nine-month period ended September 30, 2022, Park recognized expense of $66,000 as the result of the early termination of a borrowing interest rate swap. No expense related to early termination was recognized during the three months ended September 30, 2022 or the three months or the nine months ended September 30, 2021. Park expects the outstanding hedges to remain fully effective during the remaining respective terms of the swaps.

Summary information about Park's interest rate swaps as of September 30, 2022 and December 31, 2021 follows:

	September 30, 2022						December 31, 2021
(In thousands, except weighted average data)	Borrowing Derivatives			Loan Derivatives			Borrowing Derivatives			Loan Derivatives
Notional amounts	$	—		$	22,831		$	25,000		$	29,651
Weighted average pay rates	—		%	4.555		%	2.595		%	4.668		%
Weighted average receive rates	—		%	4.555		%	0.124		%	4.668		%
Weighted average maturity (years)	0.0			8.1			0.5			8.2
Unrealized losses	$	—		$	—		$	262		$	—

There was no interest expense recorded on swap transactions for the three months ended September 30, 2022. Interest expense recorded on swap transactions was $157,000 for the three-month period ended September 30, 2021, and was $171,000 and $457,000 for the nine-month periods ended September 30, 2022 and 2021, respectively.

Interest Rate Swaps

The following table presents the net gains, net of income taxes, recorded in OCI and the Consolidated Condensed Statements of Income related to interest rate swaps for the three-month and the nine-month periods ended September 30, 2022 and 2021:

	Three Months Ended September 30, 2022
(In thousands)	Amount of Net Gain Recognized in OCI (Effective Portion)		Amount of Gain (Loss) Reclassified from OCI to Interest Income		Amount of Expense Recognized in Miscellaneous Expense
Interest rate swaps	$	—	$	—	$	—

	Three Months Ended September 30, 2021
(In thousands)	Amount of Net Gain Recognized in OCI (Effective Portion)		Amount of Gain (Loss) Reclassified from OCI to Interest Income		Amount of Expense Recognized in Miscellaneous Expense
Interest rate swaps	$	117	$	—	$	—

	Nine Months Ended September 30, 2022
(In thousands)	Amount of Net Gain Recognized in OCI (Effective Portion)		Amount of Gain (Loss) Reclassified from OCI to Interest Income		Amount of Expense Recognized in Miscellaneous Expense
Interest rate swaps	$	154	$	—	$	52

	Nine Months Ended September 30, 2021
(In thousands)	Amount of Net Gain Recognized in OCI (Effective Portion)		Amount of Gain (Loss) Reclassified from OCI to Interest Income		Amount of Expense Recognized in Miscellaneous Expense
Interest rate swaps	$	355	$	—	$	—

The following tables reflect the interest rate swaps included in the Consolidated Condensed Balance Sheets as of September 30, 2022 and December 31, 2021.

(In thousands)	September 30, 2022				December 31, 2021
	Notional Amount		Fair Value		Notional Amount		Fair Value
Included in "Other assets":
Borrowing derivatives - interest rate swaps related to FHLB advances	$	—	$	—	$	—	$	—
Loan derivatives - instruments associated with loans
Matched interest rate swaps with borrower	—		—		29,651		1,952
Matched interest rate swaps with counterparty	22,831		1,622		—		—
Total included in "Other assets"	$	22,831	$	1,622	$	29,651	$	1,952
Included in "Other liabilities":
Borrowing derivatives - interest rate swaps related to FHLB advances	$	—	$	—	$	25,000	$	(262)
Loan derivatives - instruments associated with loans
Matched interest rate swaps with borrower	22,831		(1,622)		—		—
Matched interest rate swaps with counterparty	—		—		29,651		(1,952)
Total included in "Other liabilities"	$	22,831	$	(1,622)	$	54,651	$	(2,214)

Mortgage Banking Derivatives

Commitments to fund mortgage loans (interest rate locks) to be sold into the secondary market and forward commitments for the future delivery of these mortgage loans are accounted for as free standing derivatives. In order to hedge the change in interest rates resulting from its commitments to fund the loans, the Company enters into forward commitments for the future delivery of mortgage loans when interest rate locks are entered into. These mortgage banking derivatives are not designated as hedge relationships. The fair value of an interest rate lock is recorded at the time the commitment to fund the mortgage loan is executed and is adjusted for the expected exercise of the commitment before the loan is funded. Fair values of these mortgage banking derivatives are estimated based on changes in mortgage interest rates from the date the interest on the loan is locked. Changes in the fair values of these derivatives are included in "Other service income" in the Condensed Consolidated Statements of Income.

At September 30, 2022 and December 31, 2021, Park had $5.4 million and $13.3 million, respectively, of interest rate lock commitments. The fair value of these mortgage banking derivatives was reflected by a derivative asset of $0.1 million and $0.3 million at September 30, 2022 and December 31, 2021, respectively.

Other Derivatives

In connection with the sale of Park’s Class B Visa shares during 2009, Park entered into a swap agreement with the purchaser of the shares. The swap agreement adjusts for dilution in the conversion ratio of Class B Visa shares resulting from certain Visa litigation. At September 30, 2022 and December 31, 2021, the fair value of the swap liability of $243,000 and $226,000, respectively, represented an estimate of the exposure based upon probability-weighted potential Visa litigation losses.

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Earnings Per Common Share

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Earnings Per Common Share

Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per common share for the three month and nine months ended September 30, 2022 and 2021.

 

	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands, except share and per common share data)	2022		2021		2022		2021
Numerator:
Net income	$	42,068	$	35,434	$	115,267	$	117,397
Denominator:
Weighted-average common shares outstanding	16,253,704		16,292,312		16,240,966		16,315,996
Effect of dilutive PBRSUs and TBRSUs	121,278		131,600		114,824		129,572
Weighted-average common shares outstanding adjusted for the effect of dilutive PBRSUs and TBRSUs	16,374,982		16,423,912		16,355,790		16,445,568
Earnings per common share:
Basic earnings per common share	$	2.59	$	2.17	$	7.10	$	7.20
Diluted earnings per common share	$	2.57	$	2.16	$	7.05	$	7.14

Park awarded 52,335 PBRSUs and 61,890 PBRSUs to certain employees during the nine months ended September 30, 2022 and 2021, respectively. No PBRSUs were awarded during either of the three months ended September 30, 2022 or 2021.

Park repurchased an aggregate of 137,659 common shares during each of the three months and nine months ended September 30, 2021, to fund the PBRSUs, the TBRSUs and the common shares to be awarded to directors of Park and to directors of Park's subsidiary PNB (and its divisions) and pursuant to Park's previously announced stock repurchase authorizations. No common shares were repurchased during the three months or the nine months ended September 30, 2022.

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Segment Information

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Segment Information

Segment Information

The Corporation is a financial holding company headquartered in Newark, Ohio. The reportable segment for the Corporation is its chartered national bank subsidiary, PNB (headquartered in Newark, Ohio). "All Other", which primarily consists of Park as the "Parent Company", GFSC and SEPH, is shown to reconcile the segment totals to the Consolidated Condensed Statements of Income.

Management is required to disclose information about the different types of business activities in which a company engages and also information on the different economic environments in which a company operates, so that the users of the financial statements can better understand the company’s performance, better understand the potential for future cash flows, and make

more informed judgments about the company as a whole. Park has one reportable segment, as: (i) discrete financial information is available for this reportable segment and (ii) the segment is aligned with internal reporting to Park’s Chief Executive Officer.

	Operating Results for the three months ended September 30, 2022
(In thousands)	PNB		All Other		Total
Net interest income (expense)	$	92,035	$	(1,207)	$	90,828
Provision for (recovery of) credit losses	3,235		(45)		3,190
Other income	28,918		17,776		46,694
Other expense	79,070		3,833		82,903
Income before income taxes	$	38,648	$	12,781	$	51,429
Income tax expense	7,133		2,228		9,361
Net income	$	31,515	$	10,553	$	42,068
Assets (at September 30, 2022)	$	9,816,644	$	38,403	$	9,855,047

 

	Operating Results for the three months ended September 30, 2021
(In thousands)	PNB		All Other		Total
Net interest income (expense)	$	82,835	$	(1,233)	$	81,602
Provision for (recovery of) credit losses	4,276		(2,304)		1,972
Other income	31,332		1,079		32,411
Other expense	64,663		3,826		68,489
Income (loss) before income taxes	$	45,228	$	(1,676)	$	43,552
Income tax expense (benefit)	8,777		(659)		8,118
Net income (loss)	$	36,451	$	(1,017)	$	35,434
Assets (at September 30, 2021)	$	10,012,868	$	21,150	$	10,034,018

	Operating Results for the nine months ended September 30, 2022
(In thousands)	PNB		All Other		Total
Net interest income (expense)	$	254,818	$	(2,365)	$	252,453
Provision for (recovery of) credit losses	2,045		(469)		1,576
Other income	89,420		20,123		109,543
Other expense	209,500		10,824		220,324
Income before income taxes	$	132,693	$	7,403	$	140,096
Income tax expense	24,770		59		24,829
Net income	$	107,923	$	7,344	$	115,267

	Operating Results for the nine months ended September 30, 2021
(In thousands)	PNB		All Other		Total
Net interest income (expense)	$	247,596	$	(1,409)	$	246,187
Recovery of credit losses	(3,670)		(3,253)		(6,923)
Other income	95,258		2,480		97,738
Other expense	195,361		12,393		207,754
Income (loss) before income taxes	$	151,163	$	(8,069)	$	143,094
Income tax expense (benefit)	28,694		(2,997)		25,697
Net income (loss)	$	122,469	$	(5,072)	$	117,397

The operating results in the “All Other” column are used to reconcile the segment totals to the Consolidated Condensed Statements of Income for the three-month and the nine-month periods ended September 30, 2022 and 2021. The reconciling amounts for consolidated total assets for the periods ended September 30, 2022 and 2021 consisted of the elimination of intersegment borrowings and the assets of the Parent Company, GFSC and SEPH which were not eliminated.

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Share Based Compensation

9 Months Ended

Sep. 30, 2022

Share-Based Payment Arrangement [Abstract]

Share Based Compensation

Share-Based Compensation

The Park National Corporation 2017 Long-Term Incentive Plan for Employees (the "2017 Employees LTIP") was adopted by the Board of Directors of Park on January 23, 2017 and was approved by Park's shareholders at the Annual Meeting of Shareholders on April 24, 2017. The 2017 Employees LTIP makes equity-based awards and cash-based awards available for grant to employee participants in the form of incentive stock options, nonqualified stock options, stock appreciation rights ("SARs"), restricted stock, restricted stock units, other stock-based awards and cash-based awards. Under the 2017 Employees LTIP, 750,000 common shares are authorized to be delivered in connection with grants under the 2017 Employees LTIP. The common shares to be delivered under the 2017 Employees LTIP are to consist of either common shares currently held or common shares subsequently acquired by Park as treasury shares, including common shares purchased in the open market or in private transactions. At September 30, 2022, 397,665 common shares were available for future grants under the 2017 Employees LTIP.

The Park National Corporation 2017 Long-Term Incentive Plan for Non-Employee Directors (the "2017 Non-Employee Directors LTIP") was adopted by the Board of Directors of Park on January 23, 2017 and was approved by Park's shareholders at the Annual Meeting of Shareholders on April 24, 2017. The 2017 Non-Employee Directors LTIP makes equity-based awards and cash-based awards available for grant to non-employee director participants in the form of nonqualified stock options, SARs, restricted stock, restricted stock units, other stock-based awards, and cash-based awards. Under the 2017 Non-Employee Directors LTIP, 150,000 common shares are authorized to be delivered in connection with grants under the 2017 Non-Employee Directors LTIP. The common shares to be delivered under the 2017 Non-Employee Directors LTIP are to consist of either common shares currently held or common shares subsequently acquired by Park as treasury shares, including common shares purchased in the open market or in private transactions. At September 30, 2022, 86,850 common shares were available for future grants under the 2017 Non-Employee Directors LTIP.

During the nine months ended September 30, 2022 and 2021, the Compensation Committee of the Board of Directors of Park granted awards of PBRSUs, under the 2017 Employees LTIP, covering an aggregate of 52,335 common shares and 61,890 common shares, respectively, to certain employees of Park and its subsidiaries. No awards were granted during either of the three months ended September 30, 2022 and 2021.

As of September 30, 2022, Park has nonvested PBRSUs as well as TBRSUs. The number of PBRSUs earned or settled will depend on the level of achievement with respect to certain performance criteria over a three-year period and are also subject to subsequent service-based vesting. The number of TBRSUs earned or settled are subject to service-based vesting.

A summary of changes in the common shares subject to nonvested PBRSUs and TBRSUs for the nine months ended September 30, 2022 follows:

	Common shares subject to PBRSUs and TBRSUs
Nonvested at January 1, 2022	211,819
Granted	52,335
Vested	(55,464)
Forfeited	(3,165)
Adjustment for performance conditions of PBRSUs (1)	(634)
Nonvested at September 30, 2022 (2)	204,891

(1) The number of PBRSUs earned depends on the level of achievement with respect to certain performance criteria. Adjustment herein represents the difference between the maximum number of common shares which could be earned and the actual number earned for those PBRSUs as to which the performance period was completed.

(2) Nonvested amount herein represents the maximum number of nonvested PBRSUs and TBRSUs. As of September 30, 2022, an aggregate of 203,578 PBRSUs and TBRSUs are expected to vest.

A summary of awards vested during the three months and the nine months ended September 30, 2022 and 2021 follows:

	Three Months Ended September 30,		Nine Months Ended September 30,
	2022	2021	2022	2021
PBRSUs and TBRSUs vested	7,049	4,427	55,464	48,106
Common shares withheld to satisfy employee income tax withholding obligations	2,559	1,348	21,217	18,429
Net common shares issued	4,490	3,079	34,247	29,677

Share-based compensation expense of $1.4 million and $1.2 million was recognized for the three-month periods ended September 30, 2022 and 2021, respectively, and share-based compensation expense of $4.8 million and $4.5 million was recognized for the nine-month periods ended September 30, 2022 and 2021, respectively.

The following table details expected additional share-based compensation expense related to PBRSUs and TBRSUs outstanding at September 30, 2022:

(In thousands)
Three months ending December 31, 2022	$	1,392
2023	4,487
2024	2,939
2025	1,228
2026	197
Total	$	10,243

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Benefit Plan

9 Months Ended

Sep. 30, 2022

Retirement Benefits [Abstract]

Benefit Plan

Benefit Plans

Park has a noncontributory defined benefit pension plan (the "Pension Plan") covering substantially all of its employees. The Pension Plan provides benefits based on an employee’s years of service and compensation.

There were no Pension Plan contributions for any of the three-month or the nine-month periods ended September 30, 2022 and 2021. Additionally, no contributions are expected to be made during the remainder of 2022.

The following table shows the components of net periodic pension benefit (income) expense:

	Three Months Ended September 30,				Nine Months Ended September 30,				Affected Line Item in the Consolidated Condensed Statements of Income
(In thousands)	2022		2021		2022		2021
Service cost	$	2,437	$	2,479	$	7,311	$	7,437	Employee benefits
Interest cost	1,426		1,340		4,278		4,020		Other components of net periodic pension benefit income
Expected return on plan assets	(4,449)		(3,933)		(13,347)		(11,799)		Other components of net periodic pension benefit income
Recognized net actuarial (gain) loss and prior service costs	(4)		555		(12)		1,665		Other components of net periodic pension benefit income
Net periodic pension benefit (income) expense	$	(590)	$	441	$	(1,770)	$	1,323

Park has entered into Supplemental Executive Retirement Plan Agreements (the “SERP Agreements”) with certain key officers of Park and its subsidiaries which provide defined pension benefits in excess of limits imposed by federal tax law. The expense

for the Corporation related to the SERP Agreements for the three months and the nine months ended September 30, 2022 and 2021 was as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,				Affected Line Item in the Consolidated Condensed Statements of Income
(In thousands)	2022		2021		2022		2021
Service cost	$	212	$	203	637		$	611	Employee benefits
Interest cost	183		150		549		448		Miscellaneous expense
Total SERP expense	$	395	$	353	$	1,186	$	1,059

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Fair Value

9 Months Ended

Sep. 30, 2022

Fair Value Disclosures [Abstract]

Fair Value

Fair Value

The fair value hierarchy requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The three levels of inputs that Park uses to measure fair value are as follows:

•Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that Park has the ability to access as of the measurement date.

•Level 2: Level 1 inputs for assets or liabilities that are not actively traded. Also consists of an observable market price for a similar asset or liability. This includes the use of “matrix pricing” to value debt securities absent the exclusive use of quoted prices.

•Level 3: Consists of unobservable inputs that are used to measure fair value when observable market inputs are not available. This could include the use of internally developed models, financial forecasting and similar inputs.

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the balance sheet date. When possible, the Company looks to active and observable markets to price identical assets or liabilities. When identical assets and liabilities are not traded in active markets, the Company looks to observable market data for similar assets and liabilities. However, certain assets and liabilities are not traded in observable markets and Park must use other valuation methods to develop a fair value. The fair value of individually evaluated collateral dependent loans is typically based on the fair value of the underlying collateral, which is estimated through third-party appraisals in accordance with Park's valuation requirements under its commercial and real estate loan policies.

Assets and Liabilities Measured at Fair Value on a Recurring Basis:

The following table presents assets and liabilities measured at fair value on a recurring basis:

 

Fair Value Measurements at September 30, 2022 using:
(In thousands)	Level 1		Level 2		Level 3		Balance at September 30, 2022
Assets
Investment securities:
Obligations of U.S. Treasury and other U.S. Government sponsored entities	$	—	$	38,122	$	—	$	38,122
Obligations of states and political subdivisions	—		393,918		—		393,918
U.S. Government sponsored entities’ asset-backed securities	—		784,863		—		784,863
Collateralized loan obligations	—		509,058		—		509,058
Corporate debt securities	—		16,162		—		16,162
Equity securities	1,277		—		469		1,746
Mortgage loans held for sale	—		1,928		—		1,928
Mortgage IRLCs	—		102		—		102
Loan interest rate swaps	—		1,622		—		1,622
Liabilities
Fair value swap	$	—	$	—	$	243	$	243
Borrowing interest rate swap	—		—		—		—
Loan interest rate swaps	—		1,622		—		1,622

 

Fair Value Measurements at December 31, 2021 using:
(In thousands)	Level 1		Level 2		Level 3		Balance at December 31, 2021
Assets
Investment securities:
Obligations of states and political subdivisions	$	—	$	389,591	$	—	$	389,591
U.S. Government sponsored entities’ asset-backed securities	—		854,463		—		854,463
Collateralized loan obligations	—		498,674		—		498,674
Corporate debt securities	—		11,412		—		11,412
Equity securities	1,630		—		499		2,129
Mortgage loans held for sale	—		9,387		—		9,387
Mortgage IRLCs	—		333		—		333
Loan interest rate swaps	—		1,952		—		1,952
Liabilities
Fair value swap	$	—	$	—	$	226	$	226
Borrowing interest rate swap	—		262		—		262
Loan interest rate swaps	—		1,952		—		1,952

The following methods and assumptions were used by the Company in determining the fair value of the financial assets and liabilities discussed above:

Interest rate swaps:  The fair values of interest rate swaps are based on valuation models using observable market data as of the measurement date (Level 2).

Investment securities: Fair values for investment securities are based on quoted market prices, where available (Level 1). If quoted market prices are not available, fair values are based on quoted market prices of comparable instruments (Level 2). For securities where quoted prices or market prices of similar securities are not available, fair values are calculated using discounted cash flows (Level 3).

Fair value swap: The fair value of the swap agreement entered into with the purchaser of the Visa Class B shares represents an internally developed estimate of the exposure based upon probability-weighted potential Visa litigation losses and is classified as Level 3.

Mortgage Interest Rate Lock Commitments: Mortgage IRLCs are based on current secondary market pricing and are classified as Level 2.

Mortgage loans held for sale: Mortgage loans held for sale are carried at their fair value. Mortgage loans held for sale are estimated using market prices for similar product types and, therefore, are classified in Level 2.

The following tables present a reconciliation of the beginning and ending balances of the Level 3 inputs for the three-month and nine-month periods ended September 30, 2022 and 2021, for financial instruments measured on a recurring basis and classified as Level 3:

Level 3 Fair Value Measurements
Three months ended September 30, 2022 and 2021
(In thousands)	Equity securities		Fair value swap
Balance at July 1, 2022	$	491	$	(447)
Total losses
Included in other income / expense	(22)		—
Purchases, sales, issuances and settlements, other, net	—		204
Balance at September 30, 2022	$	469	$	(243)
Balance at July 1, 2021	$	490	$	(226)
Total gains
Included in other income	1		—
Balance at September 30, 2021	$	491	$	(226)

Level 3 Fair Value Measurements
Nine months ended September 30, 2022 and 2021
(In thousands)	Equity securities			Fair value swap
Balance at January 1, 2022	$	499		$	(226)
Total losses
Included in other income / expense	(30)			(221)
Purchases, sales, issuances and settlements, other, net	—			204
Balance at September 30, 2022	$	469		$	(243)
Balance at January 1, 2021	$	485		$	(226)
Total gains
Included in other income	6			—
Balance at September 30, 2021	$	491	491	$	(226)

Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis:

The following methods and assumptions were used by the Company in determining the fair value of assets and liabilities measured at fair value on a nonrecurring basis as described below:

Individually evaluated collateral dependent loans: When a loan is individually evaluated, it is valued at the lower of cost or fair value. Collateral dependent loans which are individually evaluated and carried at fair value have been partially charged off or receive specific allocations of the allowance for credit losses. For collateral dependent loans, fair value is generally based on real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches including the comparable sales approach and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments result in a Level 3 classification of the inputs for determining fair value. Collateral is then adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the client and the client’s business, resulting in a Level 3 fair value classification. Individually evaluated loans are evaluated on a quarterly basis for additional impairment and adjusted accordingly. Additionally, updated independent valuations are obtained annually for all collateral dependent loans in accordance with Company policy.

OREO: Assets acquired through or in lieu of loan foreclosure are initially recorded at fair value less costs to sell when acquired. The carrying value of OREO is not re-measured to fair value on a recurring basis, but is subject to fair value adjustments when the carrying value exceeds the fair value, less estimated selling costs. Fair value is based on recent real estate appraisals and is updated at least annually. These appraisals may utilize a single valuation approach or a combination of approaches including the comparable sales approach and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments result in a Level 3 classification of the inputs for determining fair value.

Appraisals for both individually evaluated collateral dependent loans and OREO are performed by licensed appraisers. Appraisals are generally obtained to support the fair value of collateral. In general, there are three types of appraisals received by the Company: real estate appraisals, income approach appraisals, and lot development loan appraisals. These are discussed below:

•Real estate appraisals typically incorporate measures such as recent sales prices for comparable properties. Appraisers may make adjustments to the sales prices of the comparable properties as deemed appropriate based on the age, condition or general characteristics of the subject property. Management generally applies a 15% discount to real estate appraised values which management expects will cover all disposition costs (including selling costs). This 15% discount is based on historical discounts to appraised values on sold OREO properties.

•Income approach appraisals typically incorporate the annual net operating income of the business divided by an appropriate capitalization rate, as determined by the appraiser. Management generally applies a 15% discount to income approach appraised values which management expects will cover all disposition costs (including selling costs).

•Lot development loan appraisals are typically performed using a discounted cash flow analysis. Appraisers determine an anticipated absorption period and a discount rate that takes into account an investor’s required rate of return based on recent comparable sales. Management generally applies a 6% discount to lot development appraised values, which is an additional discount above the net present value calculation included in the appraisal, to account for selling costs.

Other repossessed assets: Other repossessed assets are initially recorded at fair value less costs to sell when acquired. The carrying value of other repossessed assets is not re-measured to fair value on a recurring basis, but is subject to fair value adjustments when the carrying value exceeds the fair value, less estimated selling costs. At December 31, 2021, other repossessed assets primarily consisted of aircraft acquired as part of a loan workout. Fair value is based on Aircraft Bluebook and VREF Aircraft Value Reference values based on the model of aircraft and adjustments for flight hours, features and other variables. Such adjustments result in a Level 3 classification of the inputs for determining fair value. There were no repossessed assets carried at fair value at September 30, 2022.

MSRs: MSRs are carried at the lower of cost or fair value. MSRs do not trade in active, open markets with readily observable prices. For example, sales of MSRs do occur, but precise terms and conditions typically are not readily available. As such, management, with the assistance of a third-party specialist, determines fair value based on the discounted value of the future cash flows estimated to be received. Significant inputs include the discount rate and assumed prepayment speeds. The calculated fair value is then compared to market values where possible to ascertain the reasonableness of the valuation in relation to current market expectations for similar products. Accordingly, MSRs are classified as Level 2.

The following tables present assets and liabilities measured at fair value on a nonrecurring basis. Individually evaluated collateral dependent loans secured by real estate are carried at fair value if they have been charged down to fair value or if a specific valuation allowance has been established. As of September 30, 2022 and December 31, 2021, there were no PCD loans

carried at fair value. A new cost basis is established at the time a property is initially recorded in OREO. OREO properties are carried at fair value if a devaluation has been taken with respect to the property's value subsequent to the initial measurement.

Fair Value Measurements at September 30, 2022 using:
(In thousands)	Level 1		Level 2		Level 3		Balance at September 30, 2022
Individually evaluated collateral dependent loans recorded at fair value:
Commercial real estate	$	—	$	—	$	4,685	$	4,685
Residential real estate	—		—		204		204
Total individually evaluated collateral dependent loans recorded at fair value	$	—	$	—	$	4,889	$	4,889
MSRs	$	—	$	1,673	$	—	$	1,673
OREO recorded at fair value:
Residential real estate	—		—		—		—
Total OREO recorded at fair value	$	—	$	—	$	—	$	—
Other repossessed assets	$	—	$	—	$	—	$	—

 

Fair Value Measurements at December 31, 2021 using:
(In thousands)	Level 1		Level 2		Level 3		Balance at December 31, 2021
Individually evaluated collateral dependent loans recorded at fair value:
Commercial real estate	$	—	$	—	$	831	$	831
Residential real estate	—		—		272		272
Total individually evaluated collateral dependent loans recorded at fair value	$	—	$	—	$	1,103	$	1,103
MSRs	$	—	$	13,482	$	—	$	13,482
OREO recorded at fair value:
Residential real estate	—		—		775		775
Total OREO recorded at fair value	$	—	$	—	$	775	$	775
Other repossessed assets	$	—	$	—	$	2,750	$	2,750

The table below provides additional detail on those individually evaluated loans which are recorded at fair value as well as the remaining individually evaluated loan portfolio not included above. The remaining individually evaluated loans consist of 1) loans which are not collateral dependent, 2) loans which are not secured by real estate, and 3) loans carried at cost as the fair value of the underlying collateral or the present value of expected future cash flows on each of the loans exceeded the book value for each respective credit.

	September 30, 2022
(In thousands)	Loan Balance		Prior Charge-Offs		Specific Valuation Allowance		Carrying Balance
Total individually evaluated collateral dependent loans recorded at fair value	$	6,042	$	543	$	1,153	$	4,889
Remaining individually evaluated loans	37,628		252		597		37,031
Total individually evaluated loans	$	43,670	$	795	$	1,750	$	41,920

	December 31, 2021
(In thousands)	Loan Balance		Prior Charge-Offs		Specific Valuation Allowance		Carrying Balance
Total individually evaluated collateral dependent loans recorded at fair value	$	1,291	$	240	$	188	$	1,103
Remaining individually evaluated loans	73,211		384		1,428		71,783
Total individually evaluated loans	$	74,502	$	624	$	1,616	$	72,886

The income (expense) from credit adjustments related to individually evaluated loans carried at fair value was $7,000 and $(83,000) for the three-month periods ended September 30, 2022 and 2021, respectively, and was $(1.0) million and $462,000 for the nine-month periods ended September 30, 2022 and 2021, respectively.

MSRs totaled $16.2 million at September 30, 2022. Of this $16.2 million MSR carrying balance, $1.7 million were recorded at fair value and included a valuation allowance of $0.2 million. The remaining $14.5 million were recorded at cost, as the fair value exceeded cost at September 30, 2022. At December 31, 2021, MSRs totaled $15.3 million. Of this $15.3 million MSR carrying balance, $13.5 million were recorded at fair value and included a valuation allowance of $1.6 million. The remaining $1.8 million were recorded at cost, as the fair value exceeded cost at December 31, 2021. The income (expense) related to MSRs carried at fair value during the three-month periods ended September 30, 2022 and 2021 was $59,000 and $(39,000), respectively, and was $1.4 million and $1.0 million for the nine-month periods ended September 30, 2022 and 2021, respectively.

Total OREO held by Park at September 30, 2022 and December 31, 2021 was $1.4 million and $775,000 respectively. At September 30, 2022, there was no OREO held by Park that was carried at fair value due to fair value adjustments made subsequent to the initial OREO measurement. At December 31, 2021, all of Park's OREO was carried at fair value. There was $12.0 million and $11.3 million of income related to OREO fair value adjustments for the three-month and the nine-month periods ended September 30, 2022, respectively. There was no income or expense related to OREO fair value adjustments for the three-month period ended September 30, 2021. There was $13,000 of income related to OREO fair value adjustments for the nine-month period ended September 30, 2021.

Other repossessed assets totaled $0.4 million at September 30, 2022, of which there were no repossessed assets recorded at fair value. Other repossessed assets totaled $3.3 million at December 31, 2021, of which $2.8 million were recorded at fair value. There was no expense related to fair value adjustments on other repossessed assets during any of the three-month periods or the nine-month periods ended September 30, 2022 and 2021.

The following tables present qualitative information about Level 3 fair value measurements for financial instruments measured at fair value on a nonrecurring basis at September 30, 2022 and December 31, 2021:

September 30, 2022
(In thousands)	Fair Value		Valuation Technique	Unobservable Input(s)	Range (Weighted Average)
Individually evaluated collateral dependent loans:
Commercial real estate	$	4,685	Sales comparison approach	Adj to comparables	0.0% - 85.7% (11.9%)
			Income approach	Capitalization rate	7.5% - 8.3% (8.1%)
			Cost approach	Accumulated depreciation	26.0% (26.0%)
Residential real estate	$	204	Sales comparison approach	Adj to comparables	1.9% - 119.8% (17.4%)

December 31, 2021
(In thousands)	Fair Value		Valuation Technique	Unobservable Input(s)	Range (Weighted Average)
Individually evaluated collateral dependent loans:
Commercial real estate	$	831	Sales comparison approach	Adj to comparables	0.0% - 232.0% (28.3%)
Residential real estate	$	272	Sales comparison approach	Adj to comparables	0.5% - 78.6% (11.6%)
			Cost approach	Accumulated depreciation	8.3% (8.3%)
Other real estate owned:
Residential real estate	$	775	Sales comparison approach	Adj to comparables	5.0% - 32.5% (19.1%)

Assets Measured at Net Asset Value:

Park's portfolio of Partnership Investments are valued using the NAV practical expedient in accordance with ASC 820.

At September 30, 2022 and December 31, 2021, Park had Partnership Investments with a NAV of $23.6 million and $18.0 million, respectively. At September 30, 2022 and December 31, 2021, Park had $20.0 million and $8.4 million, respectively, in unfunded commitments related to these Partnership Investments. For the three-month periods ended September 30, 2022 and 2021, Park recognized income of $97,000 and $512,000, respectively, and for the nine-month periods ended September 30, 2022 and 2021, Park recognized income of $2.6 million and $2.4 million, respectively, related to these Partnership Investments.

The fair value of certain financial instruments at September 30, 2022 and December 31, 2021, was as follows:

	September 30, 2022
			Fair Value Measurements
(In thousands)	Carrying value		Level 1		Level 2		Level 3		Total fair value
Financial assets:
Cash and money market instruments	$	207,433	$	207,433	$	—	$	—	$	207,433
Investment securities (1)	1,742,123		—		1,742,123		—		1,742,123
Other investment securities (2)	1,746		1,277		—		469		1,746
Mortgage IRLCs	102		—		102		—		102
Mortgage loans held for sale	1,928		—		1,928		—		1,928
Individually evaluated loans carried at fair value	4,889		—		—		4,889		4,889
Other loans, net	7,012,366		—		—		6,910,287		6,910,287
Loans receivable, net	$	7,019,285	$	—	$	2,030	$	6,915,176	$	6,917,206
Financial liabilities:
Time deposits	$	613,222	$	—	$	615,544	$	—	$	615,544
Other	5,280		5,280		—		—		5,280
Deposits (excluding demand deposits)	$	618,502	$	5,280	$	615,544	$	—	$	620,824
Short-term borrowings	$	189,493	$	—	$	189,493	$	—	$	189,493
Subordinated notes	188,551		—		178,812		—		178,812
Derivative financial instruments - assets:
Loan interest rate swaps	$	1,622	$	—	$	1,622	$	—	$	1,622
Derivative financial instruments - liabilities:
Fair value swap	$	243	$	—	$	—	$	243	$	243
Borrowing interest rate swap	—		—		—		—		—
Loan interest rate swaps	1,622		—		1,622		—		1,622

(1) Includes debt securities AFS.

(2) Excludes FHLB stock and FRB stock which are carried at their respective redemption values, investment securities accounted for at modified cost as these investments do not have a readily determinable fair value, and Partnership Investments valued using the NAV practical expedient.

	December 31, 2021
			Fair Value Measurements
(In thousands)	Carrying value		Level 1		Level 2		Level 3		Total fair value
Financial assets:
Cash and money market instruments	$	219,180	$	219,180	$	—	$	—	$	219,180
Investment securities (1)	1,754,140		—		1,754,140		—		1,754,140
Other investment securities (2)	2,129		1,630		—		499		2,129
Mortgage loans held for sale	9,387		—		9,387		—		9,387
Mortgage IRLCs	333		—		333		—		333
Individually evaluated loans carried at fair value	1,103		—		—		1,103		1,103
Other loans, net	6,777,102		—		—		6,783,848		6,783,848
Loans receivable, net	$	6,787,925	$	—	$	9,720	$	6,784,951	$	6,794,671
Financial liabilities:
Time deposits	$	711,660	$	—	$	714,307	—		$	714,307
Other	1,465		1,465		—		—		1,465
Deposits (excluding demand deposits)	$	713,125	$	1,465	$	714,307	$	—	$	715,772
Short-term borrowings	$	238,786	$	—	$	238,786	$	—	$	238,786
Subordinated notes	188,210		—		207,912		—		207,912
Derivative financial instruments - assets:
Loan interest rate swaps	$	1,952	$	—	$	1,952	$	—	$	1,952
Derivative financial instruments - liabilities:
Fair value swap	$	226	$	—	$	—	$	226	$	226
Borrowing interest rate swap	262		—		262		—		262
Loan interest rate swaps	1,952		—		1,952		—		1,952

(1) Includes debt securities AFS.

(2) Excludes FHLB stock and FRB stock which are carried at their respective redemption values, investment securities accounted for at modified cost as these investments do not have a readily determinable fair value, and Partnership Investments valued using the NAV practical expedient.

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Revenue from Contracts with Customers

9 Months Ended

Sep. 30, 2022

Revenue from Contract with Customer [Abstract]

Revenue from Contracts with Customers

Revenue from Contracts with Customers

All of Park's revenue from contracts with customers within the scope of ASC 606 is recognized within "Other income" in the Consolidated Condensed Statements of Income. The following table presents the Corporation's sources of other income by revenue stream and operating segment for the three-month and the nine-month periods ended September 30, 2022 and September 30, 2021.

	Three Months Ended September 30, 2022
Revenue by Operating Segment (in thousands)	PNB		All Other		Total
Income from fiduciary activities
Personal trust and agency accounts	$	2,411	$	—	$	2,411
Employee benefit and retirement-related accounts	2,353		—		2,353
Investment management and investment advisory agency accounts	3,000		—		3,000
Other	452		—		452
Service charges on deposit accounts
Non-sufficient funds (NSF) fees	1,722		—		1,722
Demand deposit account (DDA) charges	996		—		996
Other	141		—		141
Other service income (1)
Credit card	734		—		734
HELOC	103		—		103
Installment	40		—		40
Real estate	1,692		—		1,692
Commercial	384		3		387
Debit card fee income	6,514		—		6,514
Bank owned life insurance income (2)	1,133		52		1,185
ATM fees	610		—		610
Gain on sale of OREO, net	—		5,607		5,607
OREO valuation markup	—		12,009		12,009
Gain on equity securities, net (2)	25		33		58
Other components of net periodic pension benefit income (2)	2,955		72		3,027
Miscellaneous (3)	3,653		—		3,653
Total other income	$	28,918	$	17,776	$	46,694

(1) Of the $3.0 million of aggregate revenue included within "Other service income", approximately $1.4 million is within the scope of ASC 606, with the remaining $1.6 million consisting primarily of certain residential real estate loan fees which are out of scope.

(2) Not within the scope of ASC 606.

(3) "Miscellaneous" income includes brokerage income, safe deposit box rentals, and miscellaneous bank fees totaling $3.7 million, all of which are within scope of ASC 606.

	Three Months Ended September 30, 2021
Revenue by Operating Segment (in thousands)	PNB		All Other		Total
Income from fiduciary activities
Personal trust and agency accounts	$	2,637	$	—	$	2,637
Employee benefit and retirement-related accounts	2,506		—		2,506
Investment management and investment advisory agency accounts	3,220		—		3,220
Other	457		—		457
Service charges on deposit accounts
Non-sufficient funds (NSF) fees	1,498		—		1,498
Demand deposit account (DDA) charges	762		—		762
Other	129		—		129
Other service income (1)
Credit card	690		2		692
HELOC	100		—		100
Installment	34		—		34
Real estate	5,418		—		5,418
Commercial	281		143		424
Debit card fee income	6,453		—		6,453
Bank owned life insurance income (2)	1,022		440		1,462
ATM fees	622		—		622
Gain on sale of OREO, net	3		—		3
OREO valuation markup	—		—		—
Gain on equity securities, net (2)	429		180		609
Other components of net periodic pension benefit income (2)	1,987		51		2,038
Miscellaneous (3)	3,084		263		3,347
Total other income	$	31,332	$	1,079	$	32,411

(1) Of the $6.7 million of aggregate revenue included within "Other service income", approximately $1.3 million is within the scope of ASC 606, with the remaining $5.4 million consisting primarily of certain residential real estate loan fees which are out of scope.

(2) Not within the scope of ASC 606.

(3) "Miscellaneous" income includes brokerage income, safe deposit box rentals, and miscellaneous bank fees totaling $3.3 million, all of which are within scope of ASC 606.

	Nine Months Ended September 30, 2022
Revenue by Operating Segment (in thousands)	PNB		All Other		Total
Income from fiduciary activities
Personal trust and agency accounts	$	7,681	$	—	$	7,681
Employee benefit and retirement-related accounts	7,384		—		7,384
Investment management and investment advisory agency accounts	9,403		—		9,403
Other	1,404		—		1,404
Service charges on deposit accounts
Non-sufficient funds (NSF) fees	4,658		—		4,658
Demand deposit account (DDA) charges	2,425		—		2,425
Other	413		—		413
Other service income (1)
Credit card	2,091		—		2,091
HELOC	297		—		297
Installment	128		—		128
Real estate	8,685		—		8,685
Commercial	1,039		475		1,514
Debit card fee income	19,371		—		19,371
Bank owned life insurance income (2)	3,356		1,378		4,734
ATM fees	1,725		—		1,725
Gain on sale of OREO, net	4		5,607		5,611
OREO valuation markup	30		12,009		12,039
Gain on equity securities, net (2)	2,285		835		3,120
Other components of net periodic pension benefit income (2)	8,864		217		9,081
Miscellaneous (3)	8,177		(398)		7,779
Total other income	$	89,420	$	20,123	$	109,543

(1) Of the $12.7 million of aggregate revenue included within "Other service income", approximately $4.3 million is within the scope of ASC 606, with the remaining $8.4 million consisting primarily of certain residential real estate loan fees which are out of scope.

(2) Not within the scope of ASC 606.

(3) "Miscellaneous" income includes brokerage income, safe deposit box rentals, and miscellaneous bank fees totaling $7.8 million, all of which are within scope of ASC 606.

	Nine Months Ended September 30, 2021
Revenue by Operating Segment (in thousands)	PNB		All Other		Total
Income from fiduciary activities
Personal trust and agency accounts	$	7,650	$	—	$	7,650
Employee benefit and retirement-related accounts	7,170		—		7,170
Investment management and investment advisory agency accounts	9,345		—		9,345
Other	1,397		—		1,397
Service charges on deposit accounts
Non-sufficient funds (NSF) fees	3,776		—		3,776
Demand deposit account (DDA) charges	2,325		—		2,325
Other	374		—		374
Other service income (1)
Credit card	1,906		2		1,908
HELOC	288		—		288
Installment	114		—		114
Real estate	19,867		—		19,867
Commercial	1,063		204		1,267
Debit card fee income	19,297		—		19,297
Bank owned life insurance income (2)	3,169		607		3,776
ATM fees	1,807		—		1,807
Loss on sale of OREO, net	(26)		—		(26)
OREO valuation markup	13		—		13
Gain on equity securities, net (2)	1,758		1,128		2,886
Other components of net periodic pension benefit income (2)	5,960		154		6,114
Miscellaneous (3)	8,005		385		8,390
Total other income	$	95,258	$	2,480	$	97,738

(1) Of the $23.4 million of aggregate revenue included within "Other service income", approximately $3.8 million is within the scope of ASC 606, with the remaining $19.6 million consisting primarily of certain residential real estate loan fees which are out of scope.

(2) Not within the scope of ASC 606.

(3) "Miscellaneous" income includes brokerage income, safe deposit box rentals, and miscellaneous bank fees totaling $8.4 million, all of which are within scope of ASC 606.

A description of Park's material revenue streams accounted for under ASC 606 follows:

Income from fiduciary activities (gross): Park earns fiduciary fee income and investment brokerage fees from its contracts with trust customers for various fiduciary and investment-related services. These fees are earned over time as the Company provides the contracted monthly and quarterly services and are generally assessed based on the market value of the trust assets.

Service charges on deposit accounts and ATM fees: The Corporation earns fees from the Corporation's deposit customers for transaction-based, account maintenance, and overdraft services. Transaction-based fees, which include services such as ATM use fees, stop payment charges, statement rendering fees, and ACH fees, are recognized at the time the transaction is executed as that is the point in time the Corporation fulfills the customer's request. Account maintenance fees, which relate primarily to monthly maintenance, are generally recognized at the end of the month, representing the period over which the Corporation satisfies the performance obligation. Overdraft fees are recognized at the point in time that the overdraft occurs. Service charges on deposits are withdrawn from the customer's account balance.

Other service income: Other service income includes income from (1) the sale and servicing of loans sold to the secondary market, (2) incentive income from third-party credit card issuers, and (3) loan customers for various loan-related activities and services. Income related to the sale and servicing of loans sold to the secondary market is included within "Other service income", but is not within the scope of ASC 606. Services that fall within the scope of ASC 606 are recognized as revenue when the Company satisfies the Company's performance obligation to the customer.

Debit card fee income: Park earns interchange fees from debit cardholder transactions conducted primarily through the Visa payment network. Interchange fees from cardholder transactions represent a percentage of the underlying transaction value and are recognized daily, net of card network fees, concurrently with the transaction processing services provided to the cardholder.

Gain or loss on sale of OREO, net: The Corporation records a gain or loss from the sale of OREO when control of the property transfers to the buyer, which generally occurs at the time of delivery of an executed deed. When Park finances the sale of OREO to the buyer, the Corporation assesses whether the buyer is committed to perform the buyer's obligation under the contract and whether collectability of the transaction price is probable. Once these criteria are met, the OREO asset is derecognized and the gain or loss on sale is recorded upon the transfer of control of the property to the buyer. In determining the gain or loss on the sale, the Corporation adjusts the transaction price and related gain (loss) on sale if a significant financing component is present.

OREO valuation markup: The Corporation records an OREO valuation markup immediately prior to the transfer of a loan to OREO when the fair market value of the property less costs to sell exceeds the principal balance of the loan.

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Investment Securities (Tables)

9 Months Ended

Sep. 30, 2022

Investments, Debt and Equity Securities [Abstract]

Schedule Of Investment Securities

Investment securities at September 30, 2022 and December 31, 2021, were as follows:

Debt securities AFS (In thousands)	Amortized Cost		Gross Unrealized Holding  Gains		Gross Unrealized Holding  Losses		Fair Value
September 30, 2022:
Obligations of U.S. Treasury and other U.S. Government sponsored entities	$	39,000	$	—	$	878	$	38,122
Obligations of states and political subdivisions	424,193		100		30,375		393,918
U.S. Government sponsored entities' asset-backed securities	877,435		—		92,572		784,863
Collateralized loan obligations	535,575		—		26,517		509,058
Corporate debt securities	17,250		—		1,088		16,162
Total	$	1,893,453	$	100	$	151,430	$	1,742,123

 

Debt securities AFS (In thousands)	Amortized Cost		Gross Unrealized Holding  Gains		Gross Unrealized Holding  Losses		Fair Value
December 31, 2021:
Obligations of states and political subdivisions	$	366,933	$	22,682	$	24	$	389,591
U.S. Government sponsored entities' asset-backed securities	849,114		13,437		8,088		854,463
Collateralized loan obligations	500,066		3		1,395		498,674
Corporate debt securities	11,250		169		7		11,412
Total	$	1,727,363	$	36,291	$	9,514	$	1,754,140

Schedule Of Unrealized Loss On Securities

Investment securities in an unrealized loss position at September 30, 2022, were as follows:

	Unrealized loss position for less than 12 months				Unrealized loss position for 12 months or longer				Total
(In thousands)	Fair value		Unrealized losses		Fair value		Unrealized losses		Fair value		Unrealized losses
Debt securities AFS:
Obligations of U.S. Treasury and other U.S. Government sponsored entities	$	38,122	$	878	$	—	$	—	$	38,122	$	878
Obligations of states and political subdivisions	369,881		30,375		—		—		369,881		30,375
U.S. Government sponsored entities' asset-backed securities	548,839		46,623		236,024		45,949		784,863		92,572
Collateralized loan obligations	361,935		19,046		147,123		7,471		509,058		26,517
Corporate debt securities	9,162		1,088		—		—		9,162		1,088
Total	$	1,327,939	$	98,010	$	383,147	$	53,420	$	1,711,086	$	151,430

 Investment securities in an unrealized loss position at December 31, 2021, were as follows:

 

	Unrealized loss position for less than 12 months				Unrealized loss position for 12 months or longer				Total
(In thousands)	Fair value		Unrealized losses		Fair value		Unrealized losses		Fair value		Unrealized losses
Debt securities AFS:
Obligations of states and political subdivisions	$	1,834	$	24	$	—	$	—	$	1,834	$	24
U.S. Government sponsored entities' asset-backed securities	333,653		4,996		73,431		3,092		407,084		8,088
Collateralized loan obligations	429,671		1,395		—		—		429,671		1,395
Corporate debt securities	2,243		7		—		—		2,243		7
Total	$	767,401	$	6,422	$	73,431	$	3,092	$	840,832	$	9,514

Investments Classified by Contractual Maturity Date

The amortized cost and estimated fair value of investments in debt securities AFS at September 30, 2022, are shown in the following table by contractual maturity, except for asset-backed securities and collateral loan obligations, which are shown as a single total, due to the unpredictability of the timing of principal repayments. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties.

(In thousands)	Amortized cost		Fair value		Tax equivalent yield (1)
Debt Securities AFS
Obligations of U.S. Treasury and other U.S. Government sponsored entities
Due one through five years	$	39,000	$	38,122	2.37	%
Obligations of state and political subdivisions:
Due five through ten years	$	257,514	$	251,544	3.67	%
Due over ten years	166,679		142,374		3.20	%
Total (1)	$	424,193	$	393,918	3.49	%
U.S. Government sponsored entities' asset-backed securities	$	877,435	$	784,863	1.92	%
Collateralized loan obligations	$	535,575	$	509,058	4.54	%
Corporate debt securities
Due five through ten years	$	15,250	$	14,393	3.88	%
Due over ten years	$	2,000	$	1,769	3.13	%
Total	$	17,250	$	16,162	3.79	%

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Other Investment Securities (Tables)

9 Months Ended

Sep. 30, 2022

Other Investment Securities [Abstract]

Schedule Of Other Investment Securities

The carrying amounts of other investment securities at September 30, 2022 and December 31, 2021 were as follows:

 

(In thousands)	September 30, 2022		December 31, 2021
FHLB stock	$	11,197	$	13,413
FRB stock	14,653		14,653
Equity investments carried at fair value	1,746		2,129
Equity investments carried at modified cost (1)	14,726		4,689
Equity investments carried at NAV	43,623		26,384
Total other investment securities	$	85,945	$	61,268

(1) There have been no impairments or downward adjustments made to equity investments carried at modified cost. An upward adjustment of $871,000 was recorded in the nine months ended September 30, 2022 as a result of observable price changes.

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Loans (Tables)

9 Months Ended

Sep. 30, 2022

Loans and Leases Receivable Disclosure [Line Items]

Composition Of Loan Portfolio By Class Of Loan

The composition of the loan portfolio at September 30, 2022 and December 31, 2021 was as follows:

 

	September 30, 2022		December 31, 2021
(In thousands)	Amortized Cost		Amortized Cost
Commercial, financial and agricultural: (1)
Commercial, financial and agricultural (1)	$	1,270,321	$	1,223,079
PPP loans	5,715		74,420
Overdrafts	1,957		1,127
Commercial real estate (1)	1,790,801		1,801,792
Construction real estate:
Commercial	200,580		214,561
Retail	111,127		107,225
Residential real estate:
Commercial	532,921		533,802
Mortgage	1,057,204		1,033,658
HELOC	166,989		165,605
Installment	4,251		5,642
Consumer:
Consumer	1,938,913		1,685,793
GFSC	452		1,793
Check loans	2,144		2,093
Leases	19,871		20,532
Total	$	7,103,246	$	6,871,122
Allowance for credit losses	(83,961)		(83,197)
Net loans	$	7,019,285	$	6,787,925

(1) Included within each of commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that were not broken out by class.

Recorded Investment In Nonaccrual Restructured And Loans Past Due 90 Days Or More And Accruing

The following tables present the amortized cost of nonaccrual loans, accruing TDRs, and loans past due 90 days or more and still accruing, by class of loan, at September 30, 2022 and December 31, 2021:

 

	September 30, 2022
(In thousands)	Nonaccrual Loans		Accruing TDRs		Loans Past Due 90 Days  or More and Accruing		Total Nonperforming Loans
Commercial, financial and agricultural:
Commercial, financial and agricultural	$	10,736	$	1,478	$	30	$	12,244
PPP loans	—		—		8		8
Overdrafts	—		—		—		—
Commercial real estate	18,866		9,068		—		27,934
Construction real estate:
Commercial	439		—		—		439
Retail	10		4		—		14
Residential real estate:
Commercial	1,725		430		—		2,155
Mortgage	9,579		7,084		407		17,070
HELOC	1,172		197		—		1,369
Installment	67		1,009		4		1,080
Consumer:
Consumer	969		561		335		1,865
GFSC	14		—		6		20
Check loans	—		—		—		—
Leases	1,035		—		—		1,035
Total loans	$	44,612	$	19,831	$	790	$	65,233

	December 31, 2021
(In thousands)	Nonaccrual Loans		Accruing TDRs		Loans Past Due 90 Days or More and Accruing		Total Nonperforming Loans
Commercial, financial and agricultural
Commercial, financial and agricultural	$	13,271	$	9,396	$	—	$	22,667
PPP loans	—		—		793		793
Overdrafts	—		—		—		—
Commercial real estate	40,142		7,713		—		47,855
Construction real estate:
Commercial	52		169		—		221
Retail	716		9		—		725
Residential real estate:
Commercial	2,366		240		—		2,606
Mortgage	11,718		7,779		372		19,869
HELOC	1,590		803		—		2,393
Installment	82		1,508		—		1,590
Consumer
Consumer	1,518		700		431		2,649
GFSC	79		6		11		96
Check loans	—		—		—		—
Leases	1,188		—		—		1,188
Total loans	$	72,722	$	28,323	$	1,607	$	102,652

Financing Receivable, Nonaccrual

The following tables provide additional detail on nonaccrual loans and the related ACL, by class of loan, at September 30, 2022 and December 31, 2021:

	September 30, 2022
(In thousands)	Nonaccrual Loans With No ACL		Nonaccrual Loans With an ACL		Related ACL
Commercial, financial and agricultural:
Commercial, financial and agricultural	$	9,982	$	754	$	507
PPP loans	—		—		—
Overdrafts	—		—		—
Commercial real estate	15,288		3,578		1,152
Construction real estate:
Commercial	439		—		—
Retail	—		10		1
Residential real estate:
Commercial	1,725		—		—
Mortgage	—		9,579		78
HELOC	125		1,047		88
Installment	—		67		17
Consumer
Consumer	—		969		409
GFSC	—		14		1
Check loans	—		—		—
Leases	943		92		18
Total loans	$	28,502	$	16,110	$	2,271

	December 31, 2021
(In thousands)	Nonaccrual Loans With No ACL		Nonaccrual Loans With an ACL		Related ACL
Commercial, financial and agricultural:
Commercial, financial and agricultural	$	11,494	$	1,777	$	1,343
PPP loans	—		—		—
Overdrafts	—		—		—
Commercial real estate	39,151		991		188
Construction real estate:
Commercial	52		—		—
Retail	—		716		67
Residential real estate:
Commercial	2,366		—		—
Mortgage	—		11,718		73
HELOC	—		1,590		99
Installment	—		82		24
Consumer
Consumer	—		1,518		393
GFSC	—		79		10
Check loans	—		—		—
Leases	914		274		43
Total	$	53,977	$	18,745	$	2,240

Schedule of impaired financing receivables additional info

The following tables provide the amortized cost basis of collateral-dependent loans by class of loan, as of September 30, 2022 and December 31, 2021:

	September 30, 2022
(In thousands)	Real Estate		Business Assets		Other		Total
Commercial, financial and agricultural
Commercial, financial and agricultural	$	8,716	$	3,318	$	225	$	12,259
Commercial real estate	31,436		30		—		31,466
Construction real estate:
Commercial	1,107		—		—		1,107
Residential real estate:
Commercial	2,452		—		—		2,452
Mortgage	94		—		—		94
HELOC	124		—		—		124
Leases	—		1,035		—		1,035
Total loans	$	43,929	$	4,383	$	225	$	48,537

	December 31, 2021
(In thousands)	Real Estate		Business Assets		Other		Total
Commercial, financial and agricultural
Commercial, financial and agricultural	$	9,321	$	13,366	$	156	$	22,843
Commercial real estate	52,901		37		—		52,938
Construction real estate:
Commercial	1,178		—		—		1,178
Residential real estate:
Commercial	2,906		—		57		2,963
Mortgage	370		—		—		370
HELOC	148		—		—		148
Leases	—		1,211		—		1,211
Total loans	$	66,824	$	14,614	$	213	$	81,651

Interest income on nonaccrual loans individually evaluated for impairment is recognized on a cash basis only when Park expects to receive the entire recorded investment in the loans. The following table presents interest income recognized on nonaccrual loans for the three-month and the nine-month periods ended September 30, 2022 and 2021:

	Interest Income Recognized
(In thousands)	Three Months Ended September 30, 2022		Three Months Ended September 30, 2021		Nine Months Ended September 30, 2022		Nine Months Ended September 30, 2021
Commercial, financial and agricultural:
Commercial, financial and agricultural	$	15	$	40	$	45	$	147
PPP loans	—		—		—		—
Overdrafts	—		—		—		—
Commercial real estate	237		458		751		1,480
Construction real estate:
Commercial	6		1		10		38
Retail	—		—		4		1
Residential real estate:
Commercial	24		60		64		180
Mortgage	43		90		112		233
HELOC	5		2		11		12
Installment	1		—		3		2
Consumer:
Consumer	14		23		42		71
GFSC	1		3		4		11
Check loans	—		—		—		—
Leases	9		17		33		61
Total loans	$	355	$	694	$	1,079	$	2,236

Financing Receivable, Past Due

The following tables present the aging of the amortized cost in past due loans at September 30, 2022 and December 31, 2021 by class of loan:

	September 30, 2022
(In thousands)	Accruing  Loans Past Due  30-89 Days		Past Due  Nonaccrual Loans and Loans Past Due 90 Days or More and  Accruing (1)		Total Past  Due		Total Current (2)		Total  Amortized Cost
Commercial, financial and agricultural:
Commercial, financial and agricultural	$	1,356	$	9,303	$	10,659	$	1,259,662	$	1,270,321
PPP loans	780		8		788		4,927		5,715
Overdrafts	—		—		—		1,957		1,957
Commercial real estate	574		516		1,090		1,789,711		1,790,801
Construction real estate:
Commercial	158		—		158		200,422		200,580
Retail	—		—		—		111,127		111,127
Residential real estate:
Commercial	9		362		371		532,550		532,921
Mortgage	6,986		5,450		12,436		1,044,768		1,057,204
HELOC	282		631		913		166,076		166,989
Installment	46		7		53		4,198		4,251
Consumer:
Consumer	4,498		477		4,975		1,933,938		1,938,913
GFSC	46		10		56		396		452
Check loans	5		—		5		2,139		2,144
Leases	38		166		204		19,667		19,871
Total loans	$	14,778	$	16,930	$	31,708	$	7,071,538	$	7,103,246

(1) Includes an aggregate of $790,000 of loans past due 90 days or more and accruing. The remaining loans were past due nonaccrual loans.

(2) Includes an aggregate of $28.5 million of nonaccrual loans which were current in regards to contractual principal and interest payments.

	December 31, 2021
(in thousands)	Accruing  Loans Past Due  30-89 Days		Past Due  Nonaccrual Loans and Loans Past Due 90 Days or More and  Accruing (1)		Total Past  Due		Total Current (2)		Total  Amortized Cost
Commercial, financial and agricultural
Commercial, financial and agricultural	$	2,908	$	9,547	$	12,455	$	1,210,624	$	1,223,079
PPP loans	242		793		1,035		73,385		74,420
Overdrafts	—		—		—		1,127		1,127
Commercial real estate	65		1,461		1,526		1,800,266		1,801,792
Construction real estate:
Commercial	—		—		—		214,561		214,561
Retail	346		660		1,006		106,219		107,225
Residential real estate:
Commercial	283		438		721		533,081		533,802
Mortgage	6,170		5,933		12,103		1,021,555		1,033,658
HELOC	565		1,011		1,576		164,029		165,605
Installment	49		31		80		5,562		5,642
Consumer
Consumer	2,614		618		3,232		1,682,561		1,685,793
GFSC	153		52		205		1,588		1,793
Check loans	10		—		10		2,083		2,093
Leases	60		526		586		19,946		20,532
Total loans	$	13,465	$	21,070	$	34,535	$	6,836,587	$	6,871,122

(1) Includes an aggregate of $1.6 million of loans past due 90 days or more and accruing. The remaining loans were past due nonaccrual loans.

(2) Includes an aggregate of $53.3 million of nonaccrual loans which were current in regards to contractual principal and interest payments.

Financing Receivable Credit Quality Indicators

Based on the most recent analysis performed, the risk category of loans by class of loans as of September 30, 2022 and December 31, 2021 were as follows:

September 30, 2022	Term Loans Amortized Cost Basis by Origination Year
(In thousands)	2022		2021		2020		2019		2018		Prior		Revolving Loans Amortized Cost Basis		Total
Commercial, financial and agricultural: Commercial, financial and agricultural (1)
Risk rating
Pass	$	146,540	$	221,469	$	166,613	$	68,641	$	36,924	$	62,427	$	523,166	$	1,225,780
Special Mention	622		1,554		1,076		613		38		92		27,378		31,373
Substandard	277		20		2,189		108		1,384		7,838		669		12,485
Doubtful	—		—		7		99		99		273		205		683
Total	$	147,439	$	223,043	$	169,885	$	69,461	$	38,445	$	70,630	$	551,418	$	1,270,321

Commercial, financial and agricultural: PPP
Risk rating
Pass	$	—	$	3,162	$	2,553	$	—	$	—	$	—	$	—	$	5,715
Special Mention	—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—
Total	$	—	$	3,162	$	2,553	$	—	$	—	$	—	$	—	$	5,715

Commercial real estate (1)
Risk rating
Pass	$	271,557	$	379,993	$	389,071	$	228,751	$	112,182	$	327,854	$	14,433	$	1,723,841
Special Mention	397		757		3,934		6,821		13,830		22,311		—		48,050
Substandard	413		1,292		1,043		1,549		4,293		6,596		150		15,336
Doubtful	—		—		—		—		2,966		608		—		3,574
Total	$	272,367	$	382,042	$	394,048	$	237,121	$	133,271	$	357,369	$	14,583	$	1,790,801

Construction real estate: Commercial
Risk rating
Pass	$	69,238	$	55,895	$	30,411	$	3,019	$	3,194	$	3,400	$	34,080	$	199,237
Special Mention	—		—		236		—		—		—		—		236
Substandard	—		132		307		—		668		—		—		1,107
Doubtful	—		—		—		—		—		—		—		—
Total	$	69,238	$	56,027	$	30,954	$	3,019	$	3,862	$	3,400	$	34,080	$	200,580

Residential Real Estate: Commercial
Risk rating
Pass	$	77,551	$	125,411	$	144,603	$	58,862	$	35,700	$	69,669	$	15,341	$	527,137
Special Mention	—		93		1,491		698		—		1,356		146		3,784
Substandard	195		464		321		32		309		679		—		2,000
Doubtful	—		—		—		—		—		—		—		—
Total	$	77,746	$	125,968	$	146,415	$	59,592	$	36,009	$	71,704	$	15,487	$	532,921

September 30, 2022	Term Loans Amortized Cost Basis by Origination Year
(In thousands)	2022		2021		2020		2019		2018		Prior		Revolving Loans Amortized Cost Basis		Total
Leases
Risk rating
Pass	$	6,869	$	4,275	$	3,996	$	1,529	$	1,209	$	853	$	—	$	18,731
Special Mention	105		—		—		—		—		—		—		105
Substandard	34		—		533		122		13		33		—		735
Doubtful	74		91		26		108		—		1		—		300
Total	$	7,082	$	4,366	$	4,555	$	1,759	$	1,222	$	887	$	—	$	19,871

Total Commercial Loans
Risk rating
Pass	$	571,755	$	790,205	$	737,247	$	360,802	$	189,209	$	464,203	$	587,020	$	3,700,441
Special Mention	1,124		2,404		6,737		8,132		13,868		23,759		27,524		83,548
Substandard	919		1,908		4,393		1,811		6,667		15,146		819		31,663
Doubtful	74		91		33		207		3,065		882		205		4,557
Total	$	573,872	$	794,608	$	748,410	$	370,952	$	212,809	$	503,990	$	615,568	$	3,820,209

(1) Included within each of commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that are not broken out by class.

December 31, 2021	Term Loans Amortized Cost Basis by Origination Year
(In thousands)	2021		2020		2019		2018		2017		Prior		Revolving Loans Amortized Cost Basis		Total
Commercial, financial and agricultural: Commercial, financial and agricultural (1)
Risk rating
Pass	$	267,016	$	208,078	$	100,736	$	52,705	$	36,528	$	59,909	$	468,749	$	1,193,721
Special Mention	1,608		1,592		429		59		277		—		11,986		15,951
Substandard	106		906		401		1,345		549		7,818		484		11,609
Doubtful	—		30		465		227		463		125		488		1,798
Total	$	268,730	$	210,606	$	102,031	$	54,336	$	37,817	$	67,852	$	481,707	$	1,223,079

Commercial, financial and agricultural: PPP
Risk rating
Pass	$	69,588	$	4,832	$	—	$	—	$	—	$	—	$	—	$	74,420
Special Mention	—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—
Total	$	69,588	$	4,832	$	—	$	—	$	—	$	—	$	—	$	74,420

Commercial real estate (1)
Risk rating
Pass	$	376,468	$	445,780	$	263,786	$	154,637	$	115,571	$	317,371	$	14,890	$	1,688,503
Special Mention	786		6,206		32,965		9,354		4,297		17,829		996		72,433
Substandard	3,897		2,578		1,385		11,373		5,967		14,541		450		40,191
Doubtful	—		—		—		—		47		618		—		665
Total	$	381,151	$	454,564	$	298,136	$	175,364	$	125,882	$	350,359	$	16,336	$	1,801,792

December 31, 2021	Term Loans Amortized Cost Basis by Origination Year
(In thousands)	2021		2020		2019		2018		2017		Prior		Revolving Loans Amortized Cost Basis		Total
Construction real estate: Commercial
Risk rating
Pass	$	96,929	$	76,867	$	7,003	$	4,841	$	1,856	$	3,412	$	22,444	$	213,352
Special Mention	202		—		—		691		—		—		—		893
Substandard	—		52		—		264		—		—		—		316
Doubtful	—		—		—		—		—		—		—		—
Total	$	97,131	$	76,919	$	7,003	$	5,796	$	1,856	$	3,412	$	22,444	$	214,561

Residential Real Estate: Commercial
Risk rating
Pass	$	138,801	$	165,202	$	67,921	$	44,896	$	26,583	$	70,434	$	15,507	$	529,344
Special Mention	95		884		106		79		—		497		135		1,796
Substandard	735		22		691		41		95		993		29		2,606
Doubtful	56		—		—		—		—		—		—		56
Total	$	139,687	$	166,108	$	68,718	$	45,016	$	26,678	$	71,924	$	15,671	$	533,802

Leases
Risk rating
Pass	$	6,705	$	5,729	$	2,628	$	2,151	$	705	$	845	$	—	$	18,763
Special Mention	198		111		184		67		21		—		—		581
Substandard	—		698		—		23		19		78		—		818
Doubtful	—		—		332		16		22		—		—		370
Total	$	6,903	$	6,538	$	3,144	$	2,257	$	767	$	923	$	—	$	20,532

Total Commercial Loans
Risk rating
Pass	$	955,507	$	906,488	$	442,074	$	259,230	$	181,243	$	451,971	$	521,590	$	3,718,103
Special Mention	2,889		8,793		33,684		10,250		4,595		18,326		13,117		91,654
Substandard	4,738		4,256		2,477		13,046		6,630		23,430		963		55,540
Doubtful	56		30		797		243		532		743		488		2,889
Total	$	963,190	$	919,567	$	479,032	$	282,769	$	193,000	$	494,470	$	536,158	$	3,868,186

(1) Included within each of commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that are not broken out by class.

September 30, 2022	Term Loans Amortized Cost Basis by Origination Year
(In thousands)	2022		2021		2020		2019		2018		Prior		Revolving Loans Amortized Cost Basis		Total
Commercial, financial and agricultural: Overdrafts
Performing	$	1,957	$	—	$	—	$	—	$	—	$	—	$	—	$	1,957
Nonperforming	—		—		—		—		—		—		—		—
Total	$	1,957	$	—	$	—	$	—	$	—	$	—	$	—	$	1,957

Construction Real Estate: Retail
Performing	$	49,821	$	43,035	$	9,093	$	4,751	$	1,746	$	2,591	$	76	$	111,113
Nonperforming	—		—		—		—		—		14		—		14
Total	$	49,821	$	43,035	$	9,093	$	4,751	$	1,746	$	2,605	$	76	$	111,127

Residential Real Estate: Mortgage
Performing	$	168,168	$	217,090	$	197,891	$	93,470	$	57,037	$	306,478	$	—	$	1,040,134
Nonperforming	—		—		357		564		578		15,571		—		17,070
Total	$	168,168	$	217,090	$	198,248	$	94,034	$	57,615	$	322,049	$	—	$	1,057,204

Residential Real Estate: HELOC
Performing	$	—	$	312	$	24	$	112	$	117	$	2,118	$	162,937	$	165,620
Nonperforming	—		—		45		—		—		1,156		168		1,369
Total	$	—	$	312	$	69	$	112	$	117	$	3,274	$	163,105	$	166,989

Residential Real Estate: Installment
Performing	$	78	$	—	$	2	$	271	$	68	$	2,752	$	—	$	3,171
Nonperforming	—		—		8		3		19		1,050		—		1,080
Total	$	78	$	—	$	10	$	274	$	87	$	3,802	$	—	$	4,251

Consumer: Consumer
Performing	$	731,330	$	501,209	$	366,792	$	171,775	$	71,891	$	77,727	$	16,324	$	1,937,048
Nonperforming	109		318		349		336		200		553		—		1,865
Total	$	731,439	$	501,527	$	367,141	$	172,111	$	72,091	$	78,280	$	16,324	$	1,938,913

Consumer: GFSC
Performing	$	—	$	—	$	81	$	213	$	70	$	7	$	61	$	432
Nonperforming	—		—		—		17		—		3		—		20
Total	$	—	$	—	$	81	$	230	$	70	$	10	$	61	$	452

Consumer: Check loans
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	2,144	$	2,144
Nonperforming	—		—		—		—		—		—		—		—
Total	$	—	$	—	$	—	$	—	$	—	$	—	$	2,144	$	2,144

Total Consumer Loans
Performing	$	951,354	$	761,646	$	573,883	$	270,592	$	130,929	$	391,673	$	181,542	$	3,261,619
Nonperforming	109		318		759		920		797		18,347		168		21,418
Total	$	951,463	$	761,964	$	574,642	$	271,512	$	131,726	$	410,020	$	181,710	$	3,283,037

December 31, 2021	Term Loans Amortized Cost Basis by Origination Year
(In thousands)	2021		2020		2019		2018		2017		Prior		Revolving Loans Amortized Cost Basis		Total
Commercial, financial and agricultural: Overdrafts
Performing	$	1,127	$	—	$	—	$	—	$	—	$	—	$	—	$	1,127
Nonperforming	—		—		—		—		—		—		—		—
Total	1,127		$	—	$	—	$	—	$	—	$	—	$	—	$	1,127

Construction Real Estate: Retail
Performing	$	68,374	$	26,247	$	5,710	$	2,743	$	1,505	$	1,842	$	79	$	106,500
Nonperforming	—		647		57		—		—		21		—		725
Total	$	68,374	$	26,894	$	5,767	$	2,743	$	1,505	$	1,863	$	79	$	107,225

Residential Real Estate: Mortgage
Performing	$	230,299	$	217,022	$	114,077	$	68,774	$	59,939	$	323,678	$	—	$	1,013,789
Nonperforming	—		626		785		824		574		17,060		—		19,869
Total	$	230,299	$	217,648	$	114,862	$	69,598	$	60,513	$	340,738	$	—	$	1,033,658

Residential Real Estate: HELOC
Performing	$	400	$	—	$	121	$	58	$	41	$	2,640	$	159,952	$	163,212
Nonperforming	89		40		—		37		90		1,811		326		2,393
Total	$	489	$	40	$	121	$	95	$	131	$	4,451	$	160,278	$	165,605

Residential Real Estate: Installment
Performing	$	—	$	3	$	418	$	111	$	1,049	$	2,471	$	—	$	4,052
Nonperforming	—		12		5		26		78		1,469		—		1,590
Total	$	—	$	15	$	423	$	137	$	1,127	$	3,940	$	—	$	5,642

Consumer: Consumer
Performing	$	649,638	$	505,555	$	259,230	$	119,222	$	64,699	$	62,136	$	22,664	$	1,683,144
Nonperforming	241		506		755		399		155		593		—		2,649
Total	$	649,879	$	506,061	$	259,985	$	119,621	$	64,854	$	62,729	$	22,664	$	1,685,793

Consumer: GFSC
Performing	$	—	$	243	$	986	$	292	$	63	$	5	$	108	$	1,697
Nonperforming	—		9		73		5		9		—		—		96
Total	$	—	$	252	$	1,059	$	297	$	72	$	5	$	108	$	1,793

Consumer: Check loans
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	2,093	$	2,093
Nonperforming	—		—		—		—		—		—		—		—
Total	$	—	$	—	$	—	$	—	$	—	$	—	$	2,093	$	2,093

Total Consumer Loans
Performing	$	949,838	$	749,070	$	380,542	$	191,200	$	127,296	$	392,772	$	184,896	$	2,975,614
Nonperforming	330		1,840		1,675		1,291		906		20,954		326		27,322
Total	$	950,168	$	750,910	$	382,217	$	192,491	$	128,202	$	413,726	$	185,222	$	3,002,936

Recorded Investment By Loan Grade

TDR Number Of Contracts Modified And Recorded Investment

The following tables detail the number of contracts modified as TDRs during the three-month periods ended September 30, 2022 and 2021, as well as the amortized cost of these contracts at September 30, 2022 and 2021. The amortized cost pre-and post-modification is generally the same due to the fact that Park does not typically forgive principal.

	Three Months Ended September 30, 2022
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Amortized Cost
Commercial, financial and agricultural
Commercial, financial and agricultural	4	$	227	$	511	$	738
PPP loans	—	—		—		—
Overdrafts	—	—		—		—
Commercial real estate	1	31		—		31
Construction real estate:
Commercial	—	—		—		—
Retail	—	—		—		—
Residential real estate:
Commercial	1	146		—		146
Mortgage	3	545		120		665
HELOC	1	—		10		10
Installment	2	—		29		29
Consumer:
Consumer	21	3		169		172
GFSC	—	—		—		—
Check loans	—	—		—		—
Leases	10	—		115		115
Total loans	43	$	952	$	954	$	1,906

	Three Months Ended September 30, 2021
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Amortized Cost
Commercial, financial and agricultural
Commercial, financial and agricultural	5	$	383	$	868	$	1,251
PPP loans	—	—		—		—
Overdrafts	—	—		—		—
Commercial real estate	5	—		5,053		5,053
Construction real estate:
Commercial	—	—		—		—
Retail	—	—		—		—
Residential real estate:
Commercial	2	96		125		221
Mortgage	3	—		102		102
HELOC	1	33		—		33
Installment	1	55		—		55
Consumer:
Consumer	28	15		250		265
GFSC	—	—		—		—
Check loans	—	—		—		—
Leases	—	—		—		—
Total loans	45	$	582	$	6,398	$	6,980

Of those loans which were modified and determined to be a TDR during the three-month period ended September 30, 2022, $0.2 million were on nonaccrual status at December 31, 2021. Of those loans which were modified and determined to be a TDR during the three-month period ended September 30, 2021, $4.5 million were on nonaccrual status at December 31, 2020.

The following tables detail the number of contracts modified as TDRs during the nine-month periods ended September 30, 2022 and 2021, as well as the amortized cost of these contracts at September 30, 2022 and 2021. The amortized cost pre-and post-modification is generally the same due to the fact that Park does not typically forgive principal.

	Nine Months Ended September 30, 2022
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Amortized Cost
Commercial, financial and agricultural
Commercial, financial and agricultural	6	$	227	$	511	$	738
PPP loans	—	—		—		—
Overdrafts	—	—		—		—
Commercial real estate	6	1,090		150		1,240
Construction real estate:
Commercial	—	—		—		—
Retail	—	—		—		—
Residential real estate:
Commercial	2	146		104		250
Mortgage	11	870		222		1,092
HELOC	3	—		29		29
Installment	9	48		38		86
Consumer:
Consumer	62	13		315		328
GFSC	—	—		—		—
Check loans	—	—		—		—
Leases	10	—		115		115
Total loans	109	$	2,394	$	1,484	$	3,878

	Nine Months Ended September 30, 2021
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Amortized Cost
Commercial, financial and agricultural
Commercial, financial and agricultural	9	$	383	$	899	$	1,282
PPP loans	—	—		—		—
Overdrafts	—	—		—		—
Commercial real estate	13	1,571		6,137		7,708
Construction real estate:
Commercial	1	98		—		98
Retail	—	—		—		—
Residential real estate:
Commercial	5	96		528		624
Mortgage	13	148		377		525
HELOC	5	80		106		186
Installment	7	93		27		120
Consumer:
Consumer	104	137		379		516
GFSC	—	—		—		—
Check loans	—	—		—		—
Leases	1	—		351		351
Total loans	158	$	2,606	$	8,804	$	11,410

Of those loans which were modified and determined to be a TDR during the nine-month period ended September 30, 2022, $0.7 million were on nonaccrual status at December 31, 2021. Of those loans which were modified and determined to be a TDR during the nine-month period ended September 30, 2021, $6.1 million were on nonaccrual status at December 31, 2020.

Recorded Investment In Financing Receivable Modified As TDR Within 12 Months

The following table presents the amortized cost in loans which were modified as TDRs within the previous 12 months and for which there was a payment default during the three-month periods ended September 30, 2022 and 2021, respectively. For this

table, a loan is considered to be in default when it becomes 30 days contractually past due under the modified terms. The additional ACL resulting from the defaults on TDR loans was immaterial.

 

	Three Months Ended September 30, 2022			Three Months Ended September 30, 2021
(In thousands)	Number of Contracts	Amortized Cost		Number of Contracts	Amortized Cost
Commercial, financial and agricultural:
Commercial, financial and agricultural	1	$	3	—	$	—
PPP loans	—	—		—	—
Overdrafts	—	—		—	—
Commercial real estate	—	—		—	—
Construction real estate:
Commercial	—	—		—	—
Retail	—	—		—	—
Residential real estate:
Commercial	1	103		—	—
Mortgage	2	110		4	330
HELOC	2	9		1	95
Installment	—	—		1	4
Consumer
Consumer	12	103		15	122
GFSC	—	—		—	—
Check loans	—	—		—	—
Leases	—	—		—	—
Total loans	18	$	328	21	$	551

Of the $0.3 million in modified TDRs which defaulted during the three-month period ended September 30, 2022, $6,000 were accruing loans and $0.3 million were nonaccrual loans. Of the $0.6 million in modified TDRs which defaulted during the three-month period ended September 30, 2021, $29,000 were accruing loans and $0.5 million were nonaccrual loans.

The following table presents the amortized cost in loans which were modified as TDRs within the previous 12 months and for which there was a payment default during the nine-month periods ended September 30, 2022 and 2021, respectively. For this

table, a loan is considered to be in default when it becomes 30 days contractually past due under the modified terms. The additional ACL resulting from the defaults on TDR loans was immaterial.

 

	Nine Months Ended September 30, 2022			Nine Months Ended September 30, 2021
(In thousands)	Number of Contracts	Amortized Cost		Number of Contracts	Amortized Cost
Commercial, financial and agricultural:
Commercial, financial and agricultural	2	$	57	—	$	—
PPP loans	—	—		—	—
Overdrafts	—	—		—	—
Commercial real estate	—	—		—	—
Construction real estate:
Commercial	—	—		—	—
Retail	—	—		—	—
Residential real estate:
Commercial	1	103		—	—
Mortgage	2	110		6	396
HELOC	4	64		1	95
Installment	—	—		2	32
Consumer
Consumer	18	144		16	128
GFSC	—	—		—	—
Check loans	—	—		—	—
Leases	—	—		1	351
Total loans	27	$	478	26	$	1,002

Of the $0.5 million in modified TDRs which defaulted during the nine-month period ended September 30, 2022, $10,000 were accruing loans and $0.5 million were nonaccrual loans. Of the $1.0 million in modified TDRs which defaulted during the nine-month period ended September 30, 2021, $29,000 were accruing loans and $1.0 million were nonaccrual loans.

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Allowance For Credit Losses (Tables)

9 Months Ended

Sep. 30, 2022

Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery [Abstract]

Schedule of High Risk Industries Additional Reserves

A breakout of the 4-rated balances within these portfolios and the additional reserve related to these portfolios is detailed in the following table:

	September 30, 2022				December 31, 2021
(in thousands)	4-Rated Balance		Additional Reserve		4-Rated Balance		Additional Reserve
Hotels and accommodations	$	182,806	$	687	$	148,018	$	2,226
Restaurants and food service	49,500		279		40,648		917
Strip shopping centers	168,144		464		184,171		2,033
Total	$	400,450	$	1,430	$	372,837	$	5,176

Additionally, at September 30, 2022, management applied a 0.50% reserve to all hotels and accommodations loans in the collectively evaluated population to account for increased valuation risk. This 0.50% reserve was reduced from 0.75% at June 30, 2022 and 1.00% at December 31, 2021. At September 30, 2022, Park's collectively evaluated hotels and accommodation loans had a balance of $218.0 million with an additional reserve related to valuation risks of $1.1 million. At December 31, 2021, Park's collectively evaluated hotels and accommodation loans had a balance of $203.9 million with an additional reserve related to valuation risks of $2.0 million.

Activity In The Allowance For Loan Losses

The activity in the ACL for the three-month and the nine-month periods ended September 30, 2022 and September 30, 2021 is summarized in the following tables:

	Three Months Ended September 30, 2022
(In thousands)	Commercial, financial and agricultural		Commercial real estate		Construction real estate		Residential real estate		Consumer		Leases		Total
ACL:
Beginning balance	$	12,747	$	22,339	$	4,391	$	13,619	$	28,149	$	203	$	81,448
Charge-offs	543		—		—		—		1,169		36		1,748
Recoveries	110		36		20		20		884		1		1,071
Net charge-offs/(recoveries)	$	433	$	(36)	$	(20)	$	(20)	$	285	$	35	$	677
Provision for (recovery of) credit losses	563		(1,653)		87		1,464		2,699		30		3,190
Ending balance	$	12,877	$	20,722	$	4,498	$	15,103	$	30,563	$	198	$	83,961

 

	Three Months Ended September 30, 2021
(In thousands)	Commercial, financial and agricultural		Commercial real estate		Construction real estate		Residential real estate		Consumer		Leases		Total
ACL:
Beginning balance	$	15,222	$	22,749	$	5,670	$	13,113	$	26,261	$	562	$	83,577
Charge-offs	221		—		—		—		781		—		1,002
Recoveries	132		428		1,597		729		696		—		3,582
Net charge-offs/(recoveries)	$	89	$	(428)	$	(1,597)	$	(729)	$	85	$	—	$	(2,580)
Provision for (recovery of) credit losses	843		2,991		(1,003)		(2,080)		1,483		(262)		1,972
Ending balance	$	15,976	$	26,168	$	6,264	$	11,762	$	27,659	$	300	$	88,129

	Nine Months Ended September 30, 2022
(In thousands)	Commercial, financial and agricultural		Commercial real estate		Construction real estate		Residential real estate		Consumer		Leases		Total
ACL:
Beginning balance	$	14,025	$	25,466	$	5,758	$	11,424	$	26,286	$	238	$	83,197
Charge-offs	1,456		598		33		81		3,287		42		5,497
Recoveries	544		624		550		106		2,859		2		4,685
Net charge-offs/(recoveries)	$	912	$	(26)	$	(517)	$	(25)	$	428	$	40	$	812
(Recovery of) provision for credit losses	(236)		(4,770)		(1,777)		3,654		4,705		—		1,576
Ending balance	$	12,877	$	20,722	$	4,498	$	15,103	$	30,563	$	198	$	83,961

	Nine Months Ended September 30, 2021
(In thousands)	Commercial, financial and agricultural		Commercial real estate		Construction real estate		Residential real estate		Consumer		Leases		Total
ACL:
Beginning balance, prior to adoption of ASC 326	$	25,608	$	23,480	$	7,288	$	11,363	$	17,418	$	518	$	85,675
Impact of adopting ASC 326	(8,257)		2,119		(1,898)		3,121		10,925		80		6,090
Charge-offs	675		—		—		37		3,061		—		3,773
Recoveries	487		724		2,078		859		2,912		—		7,060
Net charge-offs/(recoveries)	$	188	$	(724)	$	(2,078)	$	(822)	$	149	$	—	$	(3,287)
Recovery of credit losses	(1,187)		(155)		(1,204)		(3,544)		(535)		(298)		(6,923)
Ending balance	$	15,976	$	26,168	$	6,264	$	11,762	$	27,659	$	300	$	88,129

Composition Of The Allowance For Loan Losses

The composition of the ACL at September 30, 2022 and December 31, 2021 was as follows:

 

	September 30, 2022
(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	$	579		$	1,153		$	—		$	—		$	—		$	18		$	1,750
Collectively evaluated for impairment	12,298			19,569			4,498			15,103			30,563			180			82,211
Acquired with deteriorated credit quality	—			—			—			—			—			—			—
Total ending allowance balance	$	12,877		$	20,722		$	4,498		$	15,103		$	30,563		$	198		$	83,961
Loan balance:
Loans individually evaluated for impairment	$	12,138		$	27,904		$	439		$	2,154		$	—		$	1,035		$	43,670
Loans collectively evaluated for impairment	1,265,734			1,759,335			310,600			1,758,695			1,941,509			18,836			7,054,709
Loans acquired with deteriorated credit quality	121			3,562			668			516			—			—			4,867
Total ending loan balance	$	1,277,993		$	1,790,801		$	311,707		$	1,761,365		$	1,941,509		$	19,871		$	7,103,246
ACL as a percentage of loan balance:
Loans individually evaluated for impairment	4.77		%	4.13		%	—		%	—		%	—		%	1.74		%	4.01		%
Loans collectively evaluated for impairment	0.97		%	1.11		%	1.45		%	0.86		%	1.57		%	0.96		%	1.17		%
Loans acquired with deteriorated credit quality	—		%	—		%	—		%	—		%	—		%	—		%	—		%
Total	1.01		%	1.16		%	1.44		%	0.86		%	1.57		%	1.00		%	1.18		%

	December 31, 2021
(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	$	1,385		$	188		$	—		$	—		$	—		$	43		$	1,616
Collectively evaluated for impairment	12,640			25,278			5,758			11,424			26,286			195			81,581
Acquired with deteriorated credit quality	—			—			—			—			—			—			—
Total ending allowance balance	$	14,025		$	25,466		$	5,758		$	11,424		$	26,286		$	238		$	83,197
Loan balance:
Loans individually evaluated for impairment	$	22,666		$	47,820		$	222		$	2,606		$	—		$	1,188		$	74,502
Loans collectively evaluated for impairment	1,275,783			1,748,854			320,608			1,735,226			1,689,679			19,321			6,789,471
Loans acquired with deteriorated credit quality	177			5,118			956			875			—			23			7,149
Total ending loan balance	$	1,298,626		$	1,801,792		$	321,786		$	1,738,707		$	1,689,679		$	20,532		$	6,871,122
ACL as a percentage of loan balance:
Loans individually evaluated for impairment	6.11		%	0.39		%	—		%	—		%	—		%	3.62		%	2.17		%
Loans collectively evaluated for impairment	0.99		%	1.45		%	1.80		%	0.66		%	1.56		%	1.01		%	1.20		%
Loans acquired with deteriorated credit quality	—		%	—		%	—		%	—		%	—		%	—		%	—		%
Total	1.08		%	1.41		%	1.79		%	0.66		%	1.56		%	1.16		%	1.21		%

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Goodwill and other intangibles (Tables)

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Goodwill [Table Text Block]

The following tables show the activity in goodwill and other intangible assets for the three-month and the nine-month periods ended September 30, 2022 and 2021.

(in thousands)	Goodwill		Other intangible assets		Total
July 1, 2021	$	159,595	$	8,302	$	167,897
Amortization	—		420		420
September 30, 2021	$	159,595	$	7,882	$	167,477
July 1, 2022	$	159,595	$	6,657	$	166,252
Amortization	—		341		341
September 30, 2022	$	159,595	$	6,316	$	165,911

(in thousands)	Goodwill		Other intangible assets		Total
December 31, 2020	$	159,595	$	9,260	$	168,855
Amortization	—		1,378		1,378
September 30, 2021	$	159,595	$	7,882	$	167,477
December 31, 2021	$	159,595	$	7,462	$	167,057
Amortization	—		1,146		1,146
September 30, 2022	$	159,595	$	6,316	$	165,911

Intangible Assets Disclosure [Text Block]

The following table shows the balance of acquired intangible assets as of September 30, 2022 and December 31, 2021.

	September 30, 2022				December 31, 2021
(in thousands)	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Other intangible assets:
Core deposit intangible assets	$	14,456	$	8,140	$	14,456	$	6,994
Trade name intangible assets	1,300		1,300		1,300		1,300
Total	$	15,756	$	9,440	$	15,756	$	8,294

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

Estimated amortization expense related to core deposit intangible assets for each of the next five years follows:

(in thousands)	Total
Three months ending December 31, 2022	$	341
2023	1,323
2024	1,215
2025	1,042
2026	887

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Investment in Qualified Affordable Housing (Tables)

9 Months Ended

Sep. 30, 2022

Equity Method Investments and Joint Ventures [Abstract]

Activity in Affordable Housing Program Obligation [Table Text Block]

The table below details the balances of Park’s affordable housing tax credit investments and related unfunded commitments at September 30, 2022 and December 31, 2021.

(in thousands)	September 30, 2022		December 31, 2021
Affordable housing tax credit investments	$	62,771	$	58,711
Unfunded commitments	28,480		28,484

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Other Real Estate Owned (Tables)

9 Months Ended

Sep. 30, 2022

Other Real Estate Owned [Abstract]

Schedule of Assets Repossessed or Foreclosed, or loans in process of foreclosure [Table Text Block] [Text Block]

Park typically transfers a loan to OREO at the time that Park takes deed/title to the real estate property asset. The carrying amounts of foreclosed real estate properties held at September 30, 2022 and December 31, 2021 are listed below, as well as the recorded investment of loans secured by residential real estate properties for which formal foreclosure proceedings were in process at those dates.

(in thousands)	September 30, 2022		December 31, 2021
OREO:
Commercial real estate	$	1,354	$	—
Residential real estate	—		775
Total OREO	$	1,354	$	775
Loans in process of foreclosure:
Residential real estate	$	1,567	$	1,148

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Loan Servicing (Tables)

9 Months Ended

Sep. 30, 2022

Transfers and Servicing of Financial Assets [Abstract]

Activity For MSRs And Related Valuation Allowance

Activity for MSRs and the related valuation allowance follows:

 

	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands)	2022		2021		2022		2021
Mortgage servicing rights:
Carrying amount, net, beginning of period	$	16,470	$	14,316	$	15,264	$	12,210
Additions	254		1,114		1,336		4,061
Amortization	(592)		(835)		(1,804)		(2,753)
Change in valuation allowance	59		(39)		1,395		1,038
Carrying amount, net, end of period	$	16,191	$	14,556	$	16,191	$	14,556
Valuation allowance:
Beginning of period	$	232	$	2,112	$	1,568	$	3,189
Change in valuation allowance	(59)		39		(1,395)		(1,038)
End of period	$	173	$	2,151	$	173	$	2,151

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Leases Leases (Tables)

9 Months Ended

Sep. 30, 2022

Leases [Abstract]

Lease, Cost [Table Text Block]

Other information related to operating leases for the three-month and the nine-month periods ended September 30, 2022 and 2021 follows:

	Three Months Ended				Nine Months Ended
(in thousands)	September 30, 2022		September 30, 2021		September 30, 2022		September 30, 2021
Lease cost
Operating lease cost	$	811	$	705	$	2,286	$	2,124
Sublease income	(63)		(63)		(189)		(189)
Total lease cost	$	748	$	642	$	2,097	$	1,935
Other information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	766	$	777	$	2,307	$	2,329
ROU assets obtained in exchange for new operating lease liabilities	$	88	$	367	$	4,270	$	547
Reductions to ROU assets resulting from reductions to lease obligations	$	(697)	$	(695)	$	(2,090)	$	(2,074)

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

Undiscounted cash flows included in lease liabilities have expected contractual payments as follows:

(in thousands)	September 30, 2022
Three months ending December 31, 2022	$	763
2023	3,306
2024	2,179
2025	1,860
2026	1,806
Thereafter	8,885
Total undiscounted minimum lease payments	$	18,799
Present value adjustment	(2,385)
Total lease liabilities	$	16,414

In September 2021, the Company entered into a noncancellable operating lease for an additional retail office for an initial term of 12 years, with two five-year renewal options. This lease is expected to commence during the fourth quarter of 2022, and therefore, was not recognized as of December 31, 2021 or September 30, 2022. The fixed payments due on an undiscounted basis over the noncancellable 12-year period of the lease are $3.5 million. The Company will assess the lease term as of the lease commencement date, but does not presently expect that either of the five-year renewal periods will be exercised.

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Repurchase Agreement Borrowings (Tables)

9 Months Ended

Sep. 30, 2022

Transfers and Servicing [Abstract]

Schedule of Assets and Associated Liabilities Accounted for as Secured Borrowings [Table Text Block]

The table below shows the remaining contractual maturity of repurchase agreements by collateral pledged at September 30, 2022 and December 31, 2021:

	September 30, 2022
(in thousands)	Remaining Contractual Maturity of the Agreements
	Overnight and Continuous		Up to 30 days		30 - 90 days		Greater than 90 days		Total
U.S. government and agency securities	$	189,493	$	—	$	—	$	—	$	189,493
	December 31, 2021
(in thousands)	Remaining Contractual Maturity of the Agreements
	Overnight and Continuous		Up to 30 days		30 - 90 days		Greater than 90 days		Total
U.S. government and agency securities	$	213,786	$	—	$	—	$	—	$	213,786

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Derivatives (Tables)

9 Months Ended

Sep. 30, 2022

Derivative [Line Items]

Schedule of Derivative Instruments [Table Text Block]

Summary information about Park's interest rate swaps as of September 30, 2022 and December 31, 2021 follows:

	September 30, 2022						December 31, 2021
(In thousands, except weighted average data)	Borrowing Derivatives			Loan Derivatives			Borrowing Derivatives			Loan Derivatives
Notional amounts	$	—		$	22,831		$	25,000		$	29,651
Weighted average pay rates	—		%	4.555		%	2.595		%	4.668		%
Weighted average receive rates	—		%	4.555		%	0.124		%	4.668		%
Weighted average maturity (years)	0.0			8.1			0.5			8.2
Unrealized losses	$	—		$	—		$	262		$	—

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The following table presents the net gains, net of income taxes, recorded in OCI and the Consolidated Condensed Statements of Income related to interest rate swaps for the three-month and the nine-month periods ended September 30, 2022 and 2021:

	Three Months Ended September 30, 2022
(In thousands)	Amount of Net Gain Recognized in OCI (Effective Portion)		Amount of Gain (Loss) Reclassified from OCI to Interest Income		Amount of Expense Recognized in Miscellaneous Expense
Interest rate swaps	$	—	$	—	$	—

	Three Months Ended September 30, 2021
(In thousands)	Amount of Net Gain Recognized in OCI (Effective Portion)		Amount of Gain (Loss) Reclassified from OCI to Interest Income		Amount of Expense Recognized in Miscellaneous Expense
Interest rate swaps	$	117	$	—	$	—

	Nine Months Ended September 30, 2022
(In thousands)	Amount of Net Gain Recognized in OCI (Effective Portion)		Amount of Gain (Loss) Reclassified from OCI to Interest Income		Amount of Expense Recognized in Miscellaneous Expense
Interest rate swaps	$	154	$	—	$	52

	Nine Months Ended September 30, 2021
(In thousands)	Amount of Net Gain Recognized in OCI (Effective Portion)		Amount of Gain (Loss) Reclassified from OCI to Interest Income		Amount of Expense Recognized in Miscellaneous Expense
Interest rate swaps	$	355	$	—	$	—

Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]

The following tables reflect the interest rate swaps included in the Consolidated Condensed Balance Sheets as of September 30, 2022 and December 31, 2021.

(In thousands)	September 30, 2022				December 31, 2021
	Notional Amount		Fair Value		Notional Amount		Fair Value
Included in "Other assets":
Borrowing derivatives - interest rate swaps related to FHLB advances	$	—	$	—	$	—	$	—
Loan derivatives - instruments associated with loans
Matched interest rate swaps with borrower	—		—		29,651		1,952
Matched interest rate swaps with counterparty	22,831		1,622		—		—
Total included in "Other assets"	$	22,831	$	1,622	$	29,651	$	1,952
Included in "Other liabilities":
Borrowing derivatives - interest rate swaps related to FHLB advances	$	—	$	—	$	25,000	$	(262)
Loan derivatives - instruments associated with loans
Matched interest rate swaps with borrower	22,831		(1,622)		—		—
Matched interest rate swaps with counterparty	—		—		29,651		(1,952)
Total included in "Other liabilities"	$	22,831	$	(1,622)	$	54,651	$	(2,214)

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Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Summary Of Computation Of Basic And Diluted Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per common share for the three month and nine months ended September 30, 2022 and 2021.

 

	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands, except share and per common share data)	2022		2021		2022		2021
Numerator:
Net income	$	42,068	$	35,434	$	115,267	$	117,397
Denominator:
Weighted-average common shares outstanding	16,253,704		16,292,312		16,240,966		16,315,996
Effect of dilutive PBRSUs and TBRSUs	121,278		131,600		114,824		129,572
Weighted-average common shares outstanding adjusted for the effect of dilutive PBRSUs and TBRSUs	16,374,982		16,423,912		16,355,790		16,445,568
Earnings per common share:
Basic earnings per common share	$	2.59	$	2.17	$	7.10	$	7.20
Diluted earnings per common share	$	2.57	$	2.16	$	7.05	$	7.14

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Segment Information (Tables)

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Schedule Of Operating Results By Segment

	Operating Results for the three months ended September 30, 2022
(In thousands)	PNB		All Other		Total
Net interest income (expense)	$	92,035	$	(1,207)	$	90,828
Provision for (recovery of) credit losses	3,235		(45)		3,190
Other income	28,918		17,776		46,694
Other expense	79,070		3,833		82,903
Income before income taxes	$	38,648	$	12,781	$	51,429
Income tax expense	7,133		2,228		9,361
Net income	$	31,515	$	10,553	$	42,068
Assets (at September 30, 2022)	$	9,816,644	$	38,403	$	9,855,047

 

	Operating Results for the three months ended September 30, 2021
(In thousands)	PNB		All Other		Total
Net interest income (expense)	$	82,835	$	(1,233)	$	81,602
Provision for (recovery of) credit losses	4,276		(2,304)		1,972
Other income	31,332		1,079		32,411
Other expense	64,663		3,826		68,489
Income (loss) before income taxes	$	45,228	$	(1,676)	$	43,552
Income tax expense (benefit)	8,777		(659)		8,118
Net income (loss)	$	36,451	$	(1,017)	$	35,434
Assets (at September 30, 2021)	$	10,012,868	$	21,150	$	10,034,018

	Operating Results for the nine months ended September 30, 2022
(In thousands)	PNB		All Other		Total
Net interest income (expense)	$	254,818	$	(2,365)	$	252,453
Provision for (recovery of) credit losses	2,045		(469)		1,576
Other income	89,420		20,123		109,543
Other expense	209,500		10,824		220,324
Income before income taxes	$	132,693	$	7,403	$	140,096
Income tax expense	24,770		59		24,829
Net income	$	107,923	$	7,344	$	115,267

	Operating Results for the nine months ended September 30, 2021
(In thousands)	PNB		All Other		Total
Net interest income (expense)	$	247,596	$	(1,409)	$	246,187
Recovery of credit losses	(3,670)		(3,253)		(6,923)
Other income	95,258		2,480		97,738
Other expense	195,361		12,393		207,754
Income (loss) before income taxes	$	151,163	$	(8,069)	$	143,094
Income tax expense (benefit)	28,694		(2,997)		25,697
Net income (loss)	$	122,469	$	(5,072)	$	117,397

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Share Based Compensation (Tables)

9 Months Ended

Sep. 30, 2022

Share-Based Payment Arrangement [Abstract]

Share-based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]

A summary of changes in the common shares subject to nonvested PBRSUs and TBRSUs for the nine months ended September 30, 2022 follows:

	Common shares subject to PBRSUs and TBRSUs
Nonvested at January 1, 2022	211,819
Granted	52,335
Vested	(55,464)
Forfeited	(3,165)
Adjustment for performance conditions of PBRSUs (1)	(634)
Nonvested at September 30, 2022 (2)	204,891

Share-based Payment Arrangement, Nonvested Award, Cost [Table Text Block]

The following table details expected additional share-based compensation expense related to PBRSUs and TBRSUs outstanding at September 30, 2022:

(In thousands)
Three months ending December 31, 2022	$	1,392
2023	4,487
2024	2,939
2025	1,228
2026	197
Total	$	10,243

Share-based Compensation Arrangements by Share-based Payment Award, Performance-Based Units, Vested and Expected to Vest

A summary of awards vested during the three months and the nine months ended September 30, 2022 and 2021 follows:

	Three Months Ended September 30,		Nine Months Ended September 30,
	2022	2021	2022	2021
PBRSUs and TBRSUs vested	7,049	4,427	55,464	48,106
Common shares withheld to satisfy employee income tax withholding obligations	2,559	1,348	21,217	18,429
Net common shares issued	4,490	3,079	34,247	29,677

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Benefit Plan (Tables)

9 Months Ended

Sep. 30, 2022

Retirement Benefits [Abstract]

Components Of Net Periodic Benefit Expense

The following table shows the components of net periodic pension benefit (income) expense:

	Three Months Ended September 30,				Nine Months Ended September 30,				Affected Line Item in the Consolidated Condensed Statements of Income
(In thousands)	2022		2021		2022		2021
Service cost	$	2,437	$	2,479	$	7,311	$	7,437	Employee benefits
Interest cost	1,426		1,340		4,278		4,020		Other components of net periodic pension benefit income
Expected return on plan assets	(4,449)		(3,933)		(13,347)		(11,799)		Other components of net periodic pension benefit income
Recognized net actuarial (gain) loss and prior service costs	(4)		555		(12)		1,665		Other components of net periodic pension benefit income
Net periodic pension benefit (income) expense	$	(590)	$	441	$	(1,770)	$	1,323

Park has entered into Supplemental Executive Retirement Plan Agreements (the “SERP Agreements”) with certain key officers of Park and its subsidiaries which provide defined pension benefits in excess of limits imposed by federal tax law. The expense

for the Corporation related to the SERP Agreements for the three months and the nine months ended September 30, 2022 and 2021 was as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,				Affected Line Item in the Consolidated Condensed Statements of Income
(In thousands)	2022		2021		2022		2021
Service cost	$	212	$	203	637		$	611	Employee benefits
Interest cost	183		150		549		448		Miscellaneous expense
Total SERP expense	$	395	$	353	$	1,186	$	1,059

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Fair Value (Tables)

9 Months Ended

Sep. 30, 2022

Fair Value Disclosures [Abstract]

Assets And Liabilities Measured At Fair Value On A Recurring Basis

The following table presents assets and liabilities measured at fair value on a recurring basis:

 

Fair Value Measurements at September 30, 2022 using:
(In thousands)	Level 1		Level 2		Level 3		Balance at September 30, 2022
Assets
Investment securities:
Obligations of U.S. Treasury and other U.S. Government sponsored entities	$	—	$	38,122	$	—	$	38,122
Obligations of states and political subdivisions	—		393,918		—		393,918
U.S. Government sponsored entities’ asset-backed securities	—		784,863		—		784,863
Collateralized loan obligations	—		509,058		—		509,058
Corporate debt securities	—		16,162		—		16,162
Equity securities	1,277		—		469		1,746
Mortgage loans held for sale	—		1,928		—		1,928
Mortgage IRLCs	—		102		—		102
Loan interest rate swaps	—		1,622		—		1,622
Liabilities
Fair value swap	$	—	$	—	$	243	$	243
Borrowing interest rate swap	—		—		—		—
Loan interest rate swaps	—		1,622		—		1,622

 

Fair Value Measurements at December 31, 2021 using:
(In thousands)	Level 1		Level 2		Level 3		Balance at December 31, 2021
Assets
Investment securities:
Obligations of states and political subdivisions	$	—	$	389,591	$	—	$	389,591
U.S. Government sponsored entities’ asset-backed securities	—		854,463		—		854,463
Collateralized loan obligations	—		498,674		—		498,674
Corporate debt securities	—		11,412		—		11,412
Equity securities	1,630		—		499		2,129
Mortgage loans held for sale	—		9,387		—		9,387
Mortgage IRLCs	—		333		—		333
Loan interest rate swaps	—		1,952		—		1,952
Liabilities
Fair value swap	$	—	$	—	$	226	$	226
Borrowing interest rate swap	—		262		—		262
Loan interest rate swaps	—		1,952		—		1,952

Reconciliation Of Level 3 Input For Financial Instruments Measured On Recurring Basis

The following tables present a reconciliation of the beginning and ending balances of the Level 3 inputs for the three-month and nine-month periods ended September 30, 2022 and 2021, for financial instruments measured on a recurring basis and classified as Level 3:

Level 3 Fair Value Measurements
Three months ended September 30, 2022 and 2021
(In thousands)	Equity securities		Fair value swap
Balance at July 1, 2022	$	491	$	(447)
Total losses
Included in other income / expense	(22)		—
Purchases, sales, issuances and settlements, other, net	—		204
Balance at September 30, 2022	$	469	$	(243)
Balance at July 1, 2021	$	490	$	(226)
Total gains
Included in other income	1		—
Balance at September 30, 2021	$	491	$	(226)

Level 3 Fair Value Measurements
Nine months ended September 30, 2022 and 2021
(In thousands)	Equity securities			Fair value swap
Balance at January 1, 2022	$	499		$	(226)
Total losses
Included in other income / expense	(30)			(221)
Purchases, sales, issuances and settlements, other, net	—			204
Balance at September 30, 2022	$	469		$	(243)
Balance at January 1, 2021	$	485		$	(226)
Total gains
Included in other income	6			—
Balance at September 30, 2021	$	491	491	$	(226)

Assets And Liabilities Measured At Fair Value On A Nonrecurring Basis

The following tables present assets and liabilities measured at fair value on a nonrecurring basis. Individually evaluated collateral dependent loans secured by real estate are carried at fair value if they have been charged down to fair value or if a specific valuation allowance has been established. As of September 30, 2022 and December 31, 2021, there were no PCD loans

carried at fair value. A new cost basis is established at the time a property is initially recorded in OREO. OREO properties are carried at fair value if a devaluation has been taken with respect to the property's value subsequent to the initial measurement.

Fair Value Measurements at September 30, 2022 using:
(In thousands)	Level 1		Level 2		Level 3		Balance at September 30, 2022
Individually evaluated collateral dependent loans recorded at fair value:
Commercial real estate	$	—	$	—	$	4,685	$	4,685
Residential real estate	—		—		204		204
Total individually evaluated collateral dependent loans recorded at fair value	$	—	$	—	$	4,889	$	4,889
MSRs	$	—	$	1,673	$	—	$	1,673
OREO recorded at fair value:
Residential real estate	—		—		—		—
Total OREO recorded at fair value	$	—	$	—	$	—	$	—
Other repossessed assets	$	—	$	—	$	—	$	—

 

Fair Value Measurements at December 31, 2021 using:
(In thousands)	Level 1		Level 2		Level 3		Balance at December 31, 2021
Individually evaluated collateral dependent loans recorded at fair value:
Commercial real estate	$	—	$	—	$	831	$	831
Residential real estate	—		—		272		272
Total individually evaluated collateral dependent loans recorded at fair value	$	—	$	—	$	1,103	$	1,103
MSRs	$	—	$	13,482	$	—	$	13,482
OREO recorded at fair value:
Residential real estate	—		—		775		775
Total OREO recorded at fair value	$	—	$	—	$	775	$	775
Other repossessed assets	$	—	$	—	$	2,750	$	2,750

Schedule of impaired financing receivables additional info

The following tables provide the amortized cost basis of collateral-dependent loans by class of loan, as of September 30, 2022 and December 31, 2021:

	September 30, 2022
(In thousands)	Real Estate		Business Assets		Other		Total
Commercial, financial and agricultural
Commercial, financial and agricultural	$	8,716	$	3,318	$	225	$	12,259
Commercial real estate	31,436		30		—		31,466
Construction real estate:
Commercial	1,107		—		—		1,107
Residential real estate:
Commercial	2,452		—		—		2,452
Mortgage	94		—		—		94
HELOC	124		—		—		124
Leases	—		1,035		—		1,035
Total loans	$	43,929	$	4,383	$	225	$	48,537

	December 31, 2021
(In thousands)	Real Estate		Business Assets		Other		Total
Commercial, financial and agricultural
Commercial, financial and agricultural	$	9,321	$	13,366	$	156	$	22,843
Commercial real estate	52,901		37		—		52,938
Construction real estate:
Commercial	1,178		—		—		1,178
Residential real estate:
Commercial	2,906		—		57		2,963
Mortgage	370		—		—		370
HELOC	148		—		—		148
Leases	—		1,211		—		1,211
Total loans	$	66,824	$	14,614	$	213	$	81,651

Interest income on nonaccrual loans individually evaluated for impairment is recognized on a cash basis only when Park expects to receive the entire recorded investment in the loans. The following table presents interest income recognized on nonaccrual loans for the three-month and the nine-month periods ended September 30, 2022 and 2021:

	Interest Income Recognized
(In thousands)	Three Months Ended September 30, 2022		Three Months Ended September 30, 2021		Nine Months Ended September 30, 2022		Nine Months Ended September 30, 2021
Commercial, financial and agricultural:
Commercial, financial and agricultural	$	15	$	40	$	45	$	147
PPP loans	—		—		—		—
Overdrafts	—		—		—		—
Commercial real estate	237		458		751		1,480
Construction real estate:
Commercial	6		1		10		38
Retail	—		—		4		1
Residential real estate:
Commercial	24		60		64		180
Mortgage	43		90		112		233
HELOC	5		2		11		12
Installment	1		—		3		2
Consumer:
Consumer	14		23		42		71
GFSC	1		3		4		11
Check loans	—		—		—		—
Leases	9		17		33		61
Total loans	$	355	$	694	$	1,079	$	2,236

Qualitative Information about Level 3 Fair Value Measurements Measured on Non-Recurring Basis

The following tables present qualitative information about Level 3 fair value measurements for financial instruments measured at fair value on a nonrecurring basis at September 30, 2022 and December 31, 2021:

September 30, 2022
(In thousands)	Fair Value		Valuation Technique	Unobservable Input(s)	Range (Weighted Average)
Individually evaluated collateral dependent loans:
Commercial real estate	$	4,685	Sales comparison approach	Adj to comparables	0.0% - 85.7% (11.9%)
			Income approach	Capitalization rate	7.5% - 8.3% (8.1%)
			Cost approach	Accumulated depreciation	26.0% (26.0%)
Residential real estate	$	204	Sales comparison approach	Adj to comparables	1.9% - 119.8% (17.4%)

December 31, 2021
(In thousands)	Fair Value		Valuation Technique	Unobservable Input(s)	Range (Weighted Average)
Individually evaluated collateral dependent loans:
Commercial real estate	$	831	Sales comparison approach	Adj to comparables	0.0% - 232.0% (28.3%)
Residential real estate	$	272	Sales comparison approach	Adj to comparables	0.5% - 78.6% (11.6%)
			Cost approach	Accumulated depreciation	8.3% (8.3%)
Other real estate owned:
Residential real estate	$	775	Sales comparison approach	Adj to comparables	5.0% - 32.5% (19.1%)

Fair Value, by Balance Sheet Grouping

The fair value of certain financial instruments at September 30, 2022 and December 31, 2021, was as follows:

	September 30, 2022
			Fair Value Measurements
(In thousands)	Carrying value		Level 1		Level 2		Level 3		Total fair value
Financial assets:
Cash and money market instruments	$	207,433	$	207,433	$	—	$	—	$	207,433
Investment securities (1)	1,742,123		—		1,742,123		—		1,742,123
Other investment securities (2)	1,746		1,277		—		469		1,746
Mortgage IRLCs	102		—		102		—		102
Mortgage loans held for sale	1,928		—		1,928		—		1,928
Individually evaluated loans carried at fair value	4,889		—		—		4,889		4,889
Other loans, net	7,012,366		—		—		6,910,287		6,910,287
Loans receivable, net	$	7,019,285	$	—	$	2,030	$	6,915,176	$	6,917,206
Financial liabilities:
Time deposits	$	613,222	$	—	$	615,544	$	—	$	615,544
Other	5,280		5,280		—		—		5,280
Deposits (excluding demand deposits)	$	618,502	$	5,280	$	615,544	$	—	$	620,824
Short-term borrowings	$	189,493	$	—	$	189,493	$	—	$	189,493
Subordinated notes	188,551		—		178,812		—		178,812
Derivative financial instruments - assets:
Loan interest rate swaps	$	1,622	$	—	$	1,622	$	—	$	1,622
Derivative financial instruments - liabilities:
Fair value swap	$	243	$	—	$	—	$	243	$	243
Borrowing interest rate swap	—		—		—		—		—
Loan interest rate swaps	1,622		—		1,622		—		1,622

(1) Includes debt securities AFS.

(2) Excludes FHLB stock and FRB stock which are carried at their respective redemption values, investment securities accounted for at modified cost as these investments do not have a readily determinable fair value, and Partnership Investments valued using the NAV practical expedient.

	December 31, 2021
			Fair Value Measurements
(In thousands)	Carrying value		Level 1		Level 2		Level 3		Total fair value
Financial assets:
Cash and money market instruments	$	219,180	$	219,180	$	—	$	—	$	219,180
Investment securities (1)	1,754,140		—		1,754,140		—		1,754,140
Other investment securities (2)	2,129		1,630		—		499		2,129
Mortgage loans held for sale	9,387		—		9,387		—		9,387
Mortgage IRLCs	333		—		333		—		333
Individually evaluated loans carried at fair value	1,103		—		—		1,103		1,103
Other loans, net	6,777,102		—		—		6,783,848		6,783,848
Loans receivable, net	$	6,787,925	$	—	$	9,720	$	6,784,951	$	6,794,671
Financial liabilities:
Time deposits	$	711,660	$	—	$	714,307	—		$	714,307
Other	1,465		1,465		—		—		1,465
Deposits (excluding demand deposits)	$	713,125	$	1,465	$	714,307	$	—	$	715,772
Short-term borrowings	$	238,786	$	—	$	238,786	$	—	$	238,786
Subordinated notes	188,210		—		207,912		—		207,912
Derivative financial instruments - assets:
Loan interest rate swaps	$	1,952	$	—	$	1,952	$	—	$	1,952
Derivative financial instruments - liabilities:
Fair value swap	$	226	$	—	$	—	$	226	$	226
Borrowing interest rate swap	262		—		262		—		262
Loan interest rate swaps	1,952		—		1,952		—		1,952

Impaired Financing Receivables at fair value

	September 30, 2022
(In thousands)	Loan Balance		Prior Charge-Offs		Specific Valuation Allowance		Carrying Balance
Total individually evaluated collateral dependent loans recorded at fair value	$	6,042	$	543	$	1,153	$	4,889
Remaining individually evaluated loans	37,628		252		597		37,031
Total individually evaluated loans	$	43,670	$	795	$	1,750	$	41,920

	December 31, 2021
(In thousands)	Loan Balance		Prior Charge-Offs		Specific Valuation Allowance		Carrying Balance
Total individually evaluated collateral dependent loans recorded at fair value	$	1,291	$	240	$	188	$	1,103
Remaining individually evaluated loans	73,211		384		1,428		71,783
Total individually evaluated loans	$	74,502	$	624	$	1,616	$	72,886

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Revenue from Contracts with Customers (Tables)

9 Months Ended

Sep. 30, 2022

Revenue from Contract with Customer [Abstract]

Contract with Customer, Asset and Liability [Table Text Block]

	Three Months Ended September 30, 2022
Revenue by Operating Segment (in thousands)	PNB		All Other		Total
Income from fiduciary activities
Personal trust and agency accounts	$	2,411	$	—	$	2,411
Employee benefit and retirement-related accounts	2,353		—		2,353
Investment management and investment advisory agency accounts	3,000		—		3,000
Other	452		—		452
Service charges on deposit accounts
Non-sufficient funds (NSF) fees	1,722		—		1,722
Demand deposit account (DDA) charges	996		—		996
Other	141		—		141
Other service income (1)
Credit card	734		—		734
HELOC	103		—		103
Installment	40		—		40
Real estate	1,692		—		1,692
Commercial	384		3		387
Debit card fee income	6,514		—		6,514
Bank owned life insurance income (2)	1,133		52		1,185
ATM fees	610		—		610
Gain on sale of OREO, net	—		5,607		5,607
OREO valuation markup	—		12,009		12,009
Gain on equity securities, net (2)	25		33		58
Other components of net periodic pension benefit income (2)	2,955		72		3,027
Miscellaneous (3)	3,653		—		3,653
Total other income	$	28,918	$	17,776	$	46,694

(1) Of the $3.0 million of aggregate revenue included within "Other service income", approximately $1.4 million is within the scope of ASC 606, with the remaining $1.6 million consisting primarily of certain residential real estate loan fees which are out of scope.

(2) Not within the scope of ASC 606.

(3) "Miscellaneous" income includes brokerage income, safe deposit box rentals, and miscellaneous bank fees totaling $3.7 million, all of which are within scope of ASC 606.

	Three Months Ended September 30, 2021
Revenue by Operating Segment (in thousands)	PNB		All Other		Total
Income from fiduciary activities
Personal trust and agency accounts	$	2,637	$	—	$	2,637
Employee benefit and retirement-related accounts	2,506		—		2,506
Investment management and investment advisory agency accounts	3,220		—		3,220
Other	457		—		457
Service charges on deposit accounts
Non-sufficient funds (NSF) fees	1,498		—		1,498
Demand deposit account (DDA) charges	762		—		762
Other	129		—		129
Other service income (1)
Credit card	690		2		692
HELOC	100		—		100
Installment	34		—		34
Real estate	5,418		—		5,418
Commercial	281		143		424
Debit card fee income	6,453		—		6,453
Bank owned life insurance income (2)	1,022		440		1,462
ATM fees	622		—		622
Gain on sale of OREO, net	3		—		3
OREO valuation markup	—		—		—
Gain on equity securities, net (2)	429		180		609
Other components of net periodic pension benefit income (2)	1,987		51		2,038
Miscellaneous (3)	3,084		263		3,347
Total other income	$	31,332	$	1,079	$	32,411

(1) Of the $6.7 million of aggregate revenue included within "Other service income", approximately $1.3 million is within the scope of ASC 606, with the remaining $5.4 million consisting primarily of certain residential real estate loan fees which are out of scope.

(2) Not within the scope of ASC 606.

(3) "Miscellaneous" income includes brokerage income, safe deposit box rentals, and miscellaneous bank fees totaling $3.3 million, all of which are within scope of ASC 606.

	Nine Months Ended September 30, 2022
Revenue by Operating Segment (in thousands)	PNB		All Other		Total
Income from fiduciary activities
Personal trust and agency accounts	$	7,681	$	—	$	7,681
Employee benefit and retirement-related accounts	7,384		—		7,384
Investment management and investment advisory agency accounts	9,403		—		9,403
Other	1,404		—		1,404
Service charges on deposit accounts
Non-sufficient funds (NSF) fees	4,658		—		4,658
Demand deposit account (DDA) charges	2,425		—		2,425
Other	413		—		413
Other service income (1)
Credit card	2,091		—		2,091
HELOC	297		—		297
Installment	128		—		128
Real estate	8,685		—		8,685
Commercial	1,039		475		1,514
Debit card fee income	19,371		—		19,371
Bank owned life insurance income (2)	3,356		1,378		4,734
ATM fees	1,725		—		1,725
Gain on sale of OREO, net	4		5,607		5,611
OREO valuation markup	30		12,009		12,039
Gain on equity securities, net (2)	2,285		835		3,120
Other components of net periodic pension benefit income (2)	8,864		217		9,081
Miscellaneous (3)	8,177		(398)		7,779
Total other income	$	89,420	$	20,123	$	109,543

(1) Of the $12.7 million of aggregate revenue included within "Other service income", approximately $4.3 million is within the scope of ASC 606, with the remaining $8.4 million consisting primarily of certain residential real estate loan fees which are out of scope.

(2) Not within the scope of ASC 606.

(3) "Miscellaneous" income includes brokerage income, safe deposit box rentals, and miscellaneous bank fees totaling $7.8 million, all of which are within scope of ASC 606.

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Recent Accounting Pronouncements (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Accounting Standards Update and Change in Accounting Principle [Abstract]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ 1,110,759,000	$ 1,036,172,000
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Loan balance	6,871,122,000	7,103,246,000
Financing Receivable, Allowance for Credit Loss	83,197,000	83,961,000	$ 81,448,000		$ 88,129,000	$ 83,577,000		$ 85,675,000
Off-Balance Sheet, Credit Loss, Liability	4,282,000	4,451,000
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	1,110,759,000	1,036,172,000
Retained Earnings [Member]
Accounting Standards Update and Change in Accounting Principle [Abstract]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	776,294,000	839,207,000	814,241,000	$ 797,033,000	759,619,000	741,155,000	$ 719,230,000	704,764,000
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	776,294,000	$ 839,207,000	$ 814,241,000	$ 797,033,000	$ 759,619,000	$ 741,155,000	$ 719,230,000	704,764,000
Cumulative Effect, Period of Adoption, Adjusted Balance | Retained Earnings [Member]
Accounting Standards Update and Change in Accounting Principle [Abstract]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest								696,808,000
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest								696,808,000
Cumulative Effect, Period of Adoption, Adjustment
Accounting Standards Update and Change in Accounting Principle [Abstract]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest								(8,000,000)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss								6,090,000
Off-Balance Sheet, Credit Loss, Liability								3,900,000
Deferred Tax Liabilities, Net								(2,100,000)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest								(8,000,000)
Financing Receivable, Allowance for Credit Loss, Purchased with Credit Deterioration, Increase	$ 52,000
Cumulative Effect, Period of Adoption, Adjustment | Accounting Standards Update 2016-13 | Retained Earnings [Member]
Accounting Standards Update and Change in Accounting Principle [Abstract]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest								(7,956,000)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest								$ (7,956,000)

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Investment Securities (Narrative) (Details) - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Schedule of Investments [Line Items]
Other than Temporary Impairment Losses, Investments	$ 0	$ 0
Debt Securities, Available-for-sale, Amortized Cost	1,893,453,000		$ 1,727,363,000
Debt Securities, Available-for-sale, Allowance for Credit Loss	$ 0		0
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%
Debt Securities, Available for Sale, Sold at Gain, Amortized Cost Amount	$ 0	$ 0
Debt Securities, Available-for-sale	1,742,123,000		1,754,140,000
Debt Securities, Available-for-sale, Unrealized Loss Position	1,711,086,000		840,832,000
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	151,430,000		9,514,000
Securities Available-for-Sale, 12 months or longer, Fair value	383,147,000		73,431,000
U.S. Government Sponsored Entities Asset-Backed Securities [Member]
Schedule of Investments [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	877,435,000		849,114,000
Debt Securities, Available-for-sale	784,863,000		854,463,000
Debt Securities, Available-for-sale, Unrealized Loss Position	784,863,000		407,084,000
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	92,572,000		8,088,000
Securities Available-for-Sale, 12 months or longer, Fair value	236,024,000		73,431,000
USGovernmentSponsored asset backed securities and US Treasury obligations
Schedule of Investments [Line Items]
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	93,500,000
Collateral Pledged [Member]
Schedule of Investments [Line Items]
Debt Securities, Available-for-sale, Restricted	$ 764,000,000		$ 733,700,000

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Investment Securities (Schedule Of Investment Securities) (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Schedule of Investments [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	$ 1,893,453	$ 1,727,363
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	100	36,291
Securities Available-for-Sale, Gross Unrealized Holding Losses	151,430	9,514
Debt Securities, Available-for-sale	1,742,123	1,754,140
US States and Political Subdivisions Debt Securities [Member]
Schedule of Investments [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	424,193	366,933
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	100	22,682
Securities Available-for-Sale, Gross Unrealized Holding Losses	30,375	24
Debt Securities, Available-for-sale	393,918	389,591
U.S. Government Sponsored Entities Asset-Backed Securities [Member]
Schedule of Investments [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	877,435	849,114
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax		13,437
Securities Available-for-Sale, Gross Unrealized Holding Losses	92,572	8,088
Debt Securities, Available-for-sale	784,863	854,463
Corporate Debt Securities
Schedule of Investments [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	17,250	11,250
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax		169
Securities Available-for-Sale, Gross Unrealized Holding Losses	1,088	7
Debt Securities, Available-for-sale	16,162	11,412
Collateralized Loan Obligations
Schedule of Investments [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	535,575	500,066
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax		3
Securities Available-for-Sale, Gross Unrealized Holding Losses	26,517	1,395
Debt Securities, Available-for-sale	509,058	$ 498,674
US Government Corporations and Agencies Securities
Schedule of Investments [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	39,000
Securities Available-for-Sale, Gross Unrealized Holding Losses	878
Debt Securities, Available-for-sale	$ 38,122

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Investment Securities (Schedule Of Unrealized Loss On Securities) (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Schedule of Investments [Line Items]
Securities Available-for-Sale, Less than 12 months, Fair value	$ 1,327,939	$ 767,401
Securities Available-for-Sale, Less than 12 months, Unrealized losses	98,010	6,422
Securities Available-for-Sale, 12 months or longer, Fair value	383,147	73,431
Securities Available-for-Sale, 12 months or longer, Unrealized losses	53,420	3,092
Securities Available-for-Sale, Fair value, Total	1,711,086	840,832
Securities Available-for-Sale, Unrealized losses, Total	151,430	9,514
US States and Political Subdivisions Debt Securities [Member]
Schedule of Investments [Line Items]
Securities Available-for-Sale, Less than 12 months, Fair value	369,881	1,834
Securities Available-for-Sale, Less than 12 months, Unrealized losses	30,375	24
Securities Available-for-Sale, Fair value, Total	369,881	1,834
Securities Available-for-Sale, Unrealized losses, Total	30,375	24
U.S. Government Sponsored Entities Asset-Backed Securities [Member]
Schedule of Investments [Line Items]
Securities Available-for-Sale, Less than 12 months, Fair value	548,839	333,653
Securities Available-for-Sale, Less than 12 months, Unrealized losses	46,623	4,996
Securities Available-for-Sale, 12 months or longer, Fair value	236,024	73,431
Securities Available-for-Sale, 12 months or longer, Unrealized losses	45,949	3,092
Securities Available-for-Sale, Fair value, Total	784,863	407,084
Securities Available-for-Sale, Unrealized losses, Total	92,572	8,088
Collateralized Loan Obligations
Schedule of Investments [Line Items]
Securities Available-for-Sale, Less than 12 months, Fair value	361,935	429,671
Securities Available-for-Sale, Less than 12 months, Unrealized losses	19,046	1,395
Securities Available-for-Sale, 12 months or longer, Fair value	147,123
Securities Available-for-Sale, 12 months or longer, Unrealized losses	7,471
Securities Available-for-Sale, Fair value, Total	509,058	429,671
Securities Available-for-Sale, Unrealized losses, Total	26,517	1,395
US Government Corporations and Agencies Securities
Schedule of Investments [Line Items]
Securities Available-for-Sale, Less than 12 months, Fair value	38,122
Securities Available-for-Sale, Less than 12 months, Unrealized losses	878
Securities Available-for-Sale, Fair value, Total	38,122
Securities Available-for-Sale, Unrealized losses, Total	878
Corporate Debt Securities
Schedule of Investments [Line Items]
Securities Available-for-Sale, Less than 12 months, Fair value	9,162	2,243
Securities Available-for-Sale, Less than 12 months, Unrealized losses	1,088	7
Securities Available-for-Sale, Fair value, Total	9,162	2,243
Securities Available-for-Sale, Unrealized losses, Total	$ 1,088	$ 7

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Investment Securities (Amortized Cost And Estimated Fair Value Of Investments In Debt Securities By Contractual Maturity) (Details) $ in Thousands	Sep. 30, 2022 USD ($)
U.S. Government Sponsored Entities Asset-Backed Securities [Member]
Schedule of Investments [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	$ 877,435
Securities Available-for-Sale, Total Fair value	$ 784,863
Debt Securities, Available-for-Sale, Weighted Average Yield	1.92%
US States and Political Subdivisions Debt Securities [Member]
Schedule of Investments [Line Items]
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, after Five Through Ten Years, Amortized Cost	$ 257,514
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, after Five Through Ten Years, Fair Value	$ 251,544
Debt Securities, Available-for-sale, Maturity, after Five Through Ten Years, Weighted Average Yield	3.67%
Debt Securities, Available-for-sale, Allocated and Single Maturity Date, Maturity, after 10 Years, Amortized Cost	$ 166,679
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, after 10 Years, Fair Value	$ 142,374
Debt Securities, Available-for-sale, Maturity, after 10 Years, Weighted Average Yield	3.20%
Debt Securities, Available-for-sale, Amortized Cost	$ 424,193
Securities Available-for-Sale, Total Fair value	$ 393,918
Debt Securities, Available-for-Sale, Weighted Average Yield	3.49%
Corporate Debt Securities
Schedule of Investments [Line Items]
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, after Five Through Ten Years, Amortized Cost	$ 15,250
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, after Five Through Ten Years, Fair Value	$ 14,393
Debt Securities, Available-for-sale, Maturity, after Five Through Ten Years, Weighted Average Yield	3.88%
Debt Securities, Available-for-sale, Allocated and Single Maturity Date, Maturity, after 10 Years, Amortized Cost	$ 2,000
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, after 10 Years, Fair Value	$ 1,769
Debt Securities, Available-for-sale, Maturity, after 10 Years, Weighted Average Yield	3.13%
Debt Securities, Available-for-sale, Amortized Cost	$ 17,250
Securities Available-for-Sale, Total Fair value	$ 16,162
Debt Securities, Available-for-Sale, Weighted Average Yield	3.79%
Collateralized Loan Obligations
Schedule of Investments [Line Items]
Debt Securities, Available-for-sale, Amortized Cost	$ 535,575
Securities Available-for-Sale, Total Fair value	$ 509,058
Debt Securities, Available-for-Sale, Weighted Average Yield	4.54%
US Government Corporations and Agencies Securities
Schedule of Investments [Line Items]
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year One Through Five	$ 39,000
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five	$ 38,122
Debt Securities, Available-for-Sale, Weighted Average Yield, Maturity, after Year One Through Five	2.37%

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Other Investment Securities (Schedule Of Other Investment Securities) (Details) - USD ($)

3 Months Ended

9 Months Ended

Sep. 30, 2022

Sep. 30, 2021

Sep. 30, 2022

Sep. 30, 2021

Dec. 31, 2021

Schedule of Investments [Line Items]

Other Investment Securities,

Other Investment Securities

Other investment securities consist of restricted stock investments in the FHLB, the FRB, and equity securities. The restricted FHLB and FRB stock investments are carried at their redemption value. Equity securities with a readily determinable fair value are carried at fair value. Equity securities without a readily determinable fair value are recorded at cost, minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions ("modified cost"). Park's portfolio of equity investments in limited partnerships which provide mezzanine funding ("Partnership Investments") are valued using the NAV practical expedient in accordance with ASC 820.

The carrying amounts of other investment securities at September 30, 2022 and December 31, 2021 were as follows:

 

(In thousands)	September 30, 2022		December 31, 2021
FHLB stock	$	11,197	$	13,413
FRB stock	14,653		14,653
Equity investments carried at fair value	1,746		2,129
Equity investments carried at modified cost (1)	14,726		4,689
Equity investments carried at NAV	43,623		26,384
Total other investment securities	$	85,945	$	61,268

(1) There have been no impairments or downward adjustments made to equity investments carried at modified cost. An upward adjustment of $871,000 was recorded in the nine months ended September 30, 2022 as a result of observable price changes.

During the three months and the nine months ended September 30, 2022, the FHLB repurchased 22,160 shares of FHLB stock with a book value of $2.2 million. During the three months ended September 30, 2021, the FHLB repurchased 21,286 shares of FHLB stock with a book value of $2.1 million. During the nine months ended September 30, 2021, the FHLB repurchased 86,770 shares of FHLB stock with a book value of $8.7 million. No shares of FRB stock were purchased or sold during the three months or the nine months ended September 30, 2022 or 2021.

During the three months ended September 30, 2022 and 2021, $(39,000) and $97,000, respectively, of (losses) gains on equity investments carried at fair value or modified cost were recorded within "Gain on equity securities, net" on the Consolidated Condensed Statements of Income. During the nine months ended September 30, 2022 and 2021, $488,000 and $492,000, respectively, of gains on equity investments carried at fair value or modified cost were recorded within "Gain on equity securities, net" on the Consolidated Condensed Statements of Income.

During the three months ended September 30, 2022 and 2021, $97,000 and $512,000, respectively, of gains on equity investments carried at NAV were recorded within “Gain on equity securities, net” on the Consolidated Condensed Statements of Income. During the nine months ended September 30, 2022 and 2021, $2.6 million and $2.4 million, respectively, of gains on equity investments carried at NAV were recorded within “Gain on equity securities, net” on the Consolidated Condensed Statements of Income.

Federal Home Loan Bank Stock

$ 11,197,000

$ 11,197,000

$ 13,413,000

Federal Reserve Bank Stock

14,653,000

14,653,000

14,653,000

Equity investments carried at fair value

1,746,000

1,746,000

2,129,000

Equity Method Investments

14,726,000

14,726,000

4,689,000

Alternative Investment

43,623,000

43,623,000

26,384,000

Other investment securities

85,945,000

$ 85,945,000

$ 61,268,000

equity investment shares sold

21,286

22,160

86,770

Payments for (Proceeds from) Federal Home Loan Bank Stock

$ (2,100,000)

$ 2,216,000

$ 8,677,000

Gain on equity securities, net

58,000

609,000

3,120,000

2,886,000

Alternative Investment, income recognized

97,000

512,000

2,600,000

2,400,000

Payments to Acquire Federal Reserve Bank Stock

0

0

Equity, Fair Value Adjustment

871,000

Equity Securities [Member]

Schedule of Investments [Line Items]

Gain on equity securities, net

$ (39,000)

$ 97,000

$ 488,000

$ 492,000

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Loans (Narrative) (Details)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2022 USD ($) contracts	Sep. 30, 2021 USD ($) contracts	Sep. 30, 2022 USD ($) contracts	Sep. 30, 2021 USD ($) contracts	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Apr. 01, 2019 USD ($)	Jul. 01, 2018 USD ($)
Financing Receivable, Credit Quality Indicator [Line Items]
Business Combination, Acquired Receivables, Gross Contractual Amount							$ 589,700,000	$ 277,900,000
Loans and Leases Receivable, Deferred Income	$ 18,200,000		$ 18,200,000		$ 19,500,000
Troubled Debt Restructuring Included In Nonaccrual Loans	14,000,000		14,000,000		20,900,000
TDRs included in accruing loan totals	19,800,000		19,800,000		28,300,000
Nonaccrual Trouble Debt Restructuring Current	4,300,000		4,300,000		10,500,000
Commitments to lend additional funds to borrowers whose terms had been modified in a TDR	2,100,000		2,100,000		3,000,000
Specific reserves related to troubled debt restructuring	200,000		200,000		300,000
Additional Specific Reserves Related To Troubled Debt Restructuring		$ 156,000	87,000	$ 174,000
Loan Modifications on Nonacrrual status	200,000	4,500,000	$ 700,000	6,100,000
Loan past due period before entering default status			30 days
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period	300,000	600,000	$ 500,000	1,000,000
Deposit Liabilities Reclassified as Loans Receivable	2,000,000		2,000,000		1,100,000
SBA Fees received						$ 20,200,000
SBA PPP Fees recognized	361,000	4,300,000	2,900,000	14,000,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables							578,600,000	272,800,000
Goodwill, Purchase Accounting Adjustments			2,700,000		4,200,000
Troubled Debt Restructuring, Classification removed	$ 0	$ 58,000	$ 1,000,000	$ 4,000,000
Number of Contracts | contracts	18	21	27	26
Recorded Investment	$ 328,000	$ 551,000	$ 478,000	$ 1,002,000
Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Allowance for Credit Loss, Purchased with Credit Deterioration, Increase					52,000
PPP loans receivable [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	0	0	0
PPP Round 2
Financing Receivable, Credit Quality Indicator [Line Items]
SBA Fees received					12,900,000
Commercial Financial Agricultural less PPP and Overdrafts
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	1	0	2	0
Recorded Investment	$ 3,000		$ 57,000
Bank Overdrafts
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	0	0	0
Construction Real Estate Commercial [Domain]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	0	0	0
Residential Real Estate Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	1	0	1	0
Recorded Investment	$ 103,000		$ 103,000
Residential Real Estate - Mortgage [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	2	4	2	6
Recorded Investment	$ 110,000	$ 330,000	$ 110,000	$ 396,000
Residential Real Estate - HELOC [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	2	1	4	1
Recorded Investment	$ 9,000	$ 95,000	$ 64,000	$ 95,000
Consumer less GFSC and Check Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	12	15	18	16
Recorded Investment	$ 103,000	$ 122,000	$ 144,000	$ 128,000
GFSC loans
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	0	0	0
Check loans
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	0	0	0
Commercial Real Estate [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	0	0	0
PPP loans receivable [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Loans and Leases Receivable, Deferred Income	$ 133,000		$ 133,000		2,800,000
Construction Real Estate - Mortgage [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	0	0	0
Recorded Investment	$ 0	$ 0	$ 0	$ 0
Residential Real Estate - Installment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	1	0	2
Recorded Investment	$ 0	$ 4,000	$ 0	$ 32,000
Finance Leases Portfolio Segment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	0	0	1
Recorded Investment	$ 0	$ 0	$ 0	$ 351,000
Accruing [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Loans modified during period	6,000	29,000	10,000	29,000
Nonaccrual [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Loans modified during period	300,000	500,000	500,000	1,000,000
Consumer [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Modifications, Recorded Investment, During Period	13,500,000	$ 2,000,000	29,500,000	$ 4,800,000
Financial Asset Acquired with Credit Deterioration [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Business Combination, Acquired Receivable, Fair Value	$ 4,900,000		$ 4,900,000		$ 7,100,000		18,400,000	4,900,000
Business Combination, Acquired Receivables, Gross Contractual Amount							$ 19,900,000	$ 5,100,000

XML

Loans (Composition Of Loan Portfolio By Class Of Loan) (Details) - USD ($) $ in Thousands		Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Financing Receivable, Credit Quality Indicator [Line Items]
Loan balance		$ 7,103,246		$ 6,871,122
Financing Receivable, Allowance for Credit Loss		(83,961)	$ (81,448)	(83,197)	$ (88,129)	$ (83,577)	$ (85,675)
Loans and Leases Receivable, Net Amount		7,019,285		6,787,925
Construction Real Estate Commercial [Domain]
Financing Receivable, Credit Quality Indicator [Line Items]
Loan balance		200,580		214,561
Residential Real Estate Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Loan balance		532,921		533,802
Residential Real Estate - Mortgage [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Loan balance		1,057,204		1,033,658
Residential Real Estate - HELOC [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Loan balance		166,989		165,605
Residential Real Estate - Installment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Loan balance		4,251		5,642
Commercial Financial And Agricultural [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Loan balance		1,277,993		1,298,626
Financing Receivable, Allowance for Credit Loss		(12,877)	(12,747)	(14,025)	(15,976)	(15,222)	(25,608)
PPP loans receivable [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Loan balance		5,715		74,420
Bank Overdrafts
Financing Receivable, Credit Quality Indicator [Line Items]
Loan balance		1,957		1,127
Commercial Real Estate [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Loan balance	[1]	1,790,801		1,801,792
Financing Receivable, Allowance for Credit Loss		(20,722)	(22,339)	(25,466)	(26,168)	(22,749)	(23,480)
GFSC loans
Financing Receivable, Credit Quality Indicator [Line Items]
Loan balance		452		1,793
Check loans
Financing Receivable, Credit Quality Indicator [Line Items]
Loan balance		2,144		2,093
Finance Leases Portfolio Segment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Loan balance		19,871		20,532
Financing Receivable, Allowance for Credit Loss		(198)	$ (203)	(238)	$ (300)	$ (562)	$ (518)
Consumer less GFSC and Check Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Loan balance		1,938,913		1,685,793
Commercial Financial Agricultural less PPP and Overdrafts
Financing Receivable, Credit Quality Indicator [Line Items]
Loan balance		$ 1,270,321		$ 1,223,079

[1] Included within each of commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that were not broken out by class.

XML

Loans (Recorded Investment In Nonaccrual Restructured And Loans Past Due 90 Days Or More And Accruing) (Details) - USD ($)		Sep. 30, 2022		Dec. 31, 2021
Financing Receivable, Credit Quality Indicator [Line Items]
Nonaccrual loans		$ 44,612,000		$ 72,722,000
Accruing restructured loans		19,831,000		28,323,000
Loans past due 90 days or more and accruing		790,000		1,607,000
Total nonperforming loans		65,233,000		102,652,000
Accruing loans past due 30-89 days		14,778,000		13,465,000
Financing Receivable Recorded Investment Ninety Days Or More Past Due And Accruing Plus Past Due Nonaccrual Loans		16,930,000	[1]	21,070,000	[2]
Loan balance		7,103,246,000		6,871,122,000
Financial Asset, Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		31,708,000		34,535,000
Financial Asset, Not Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		7,071,538,000		6,836,587,000
Construction Real Estate Commercial [Domain]
Financing Receivable, Credit Quality Indicator [Line Items]
Nonaccrual loans		439,000		52,000
Accruing restructured loans		0		169,000
Loans past due 90 days or more and accruing		0		0
Total nonperforming loans		439,000		221,000
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		200,580,000		214,561,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		69,238,000		97,131,000
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		56,027,000		76,919,000
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		30,954,000		7,003,000
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		3,019,000		5,796,000
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		3,862,000		1,856,000
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		3,400,000		3,412,000
Financing Receivable, Excluding Accrued Interest, Revolving		34,080,000		22,444,000
Accruing loans past due 30-89 days		158,000
Loan balance		200,580,000		214,561,000
Construction Real Estate Commercial [Domain] | Financial Asset, Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		158,000
Construction Real Estate Commercial [Domain] | Financial Asset, Not Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		200,422,000		214,561,000
Residential Real Estate Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Nonaccrual loans		1,725,000		2,366,000
Accruing restructured loans		430,000		240,000
Loans past due 90 days or more and accruing		0		0
Total nonperforming loans		2,155,000		2,606,000
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		532,921,000		533,802,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		77,746,000		139,687,000
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		125,968,000		166,108,000
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		146,415,000		68,718,000
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		59,592,000		45,016,000
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		36,009,000		26,678,000
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		71,704,000		71,924,000
Financing Receivable, Excluding Accrued Interest, Revolving		15,487,000		15,671,000
Accruing loans past due 30-89 days		9,000		283,000
Financing Receivable Recorded Investment Ninety Days Or More Past Due And Accruing Plus Past Due Nonaccrual Loans		362,000	[1]	438,000	[2]
Loan balance		532,921,000		533,802,000
Residential Real Estate Commercial [Member] | Financial Asset, Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		371,000		721,000
Residential Real Estate Commercial [Member] | Financial Asset, Not Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		532,550,000		533,081,000
Residential Real Estate - Mortgage [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Nonaccrual loans		9,579,000		11,718,000
Accruing restructured loans		7,084,000		7,779,000
Loans past due 90 days or more and accruing		407,000		372,000
Total nonperforming loans		17,070,000		19,869,000
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,057,204,000		1,033,658,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		168,168,000		230,299,000
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		217,090,000		217,648,000
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		198,248,000		114,862,000
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		94,034,000		69,598,000
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		57,615,000		60,513,000
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		322,049,000		340,738,000
Financing Receivable, Excluding Accrued Interest, Revolving		0		0
Accruing loans past due 30-89 days		6,986,000		6,170,000
Financing Receivable Recorded Investment Ninety Days Or More Past Due And Accruing Plus Past Due Nonaccrual Loans		5,450,000	[1]	5,933,000	[2]
Loan balance		1,057,204,000		1,033,658,000
Residential Real Estate - Mortgage [Member] | Performing Financial Instruments [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,040,134,000		1,013,789,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		168,168,000		230,299,000
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		217,090,000		217,022,000
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		197,891,000		114,077,000
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		93,470,000		68,774,000
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		57,037,000		59,939,000
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		306,478,000		323,678,000
Financing Receivable, Excluding Accrued Interest, Revolving		0		0
Residential Real Estate - Mortgage [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		17,070,000		19,869,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0		626,000
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		357,000		785,000
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		564,000		824,000
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		578,000		574,000
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		15,571,000		17,060,000
Financing Receivable, Excluding Accrued Interest, Revolving		0		0
Residential Real Estate - Mortgage [Member] | Financial Asset, Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		12,436,000		12,103,000
Residential Real Estate - Mortgage [Member] | Financial Asset, Not Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,044,768,000		1,021,555,000
Residential Real Estate - HELOC [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Nonaccrual loans		1,172,000		1,590,000
Accruing restructured loans		197,000		803,000
Loans past due 90 days or more and accruing		0		0
Total nonperforming loans		1,369,000		2,393,000
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		166,989,000		165,605,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0		489,000
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		312,000		40,000
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		69,000		121,000
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		112,000		95,000
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		117,000		131,000
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		3,274,000		4,451,000
Financing Receivable, Excluding Accrued Interest, Revolving		163,105,000		160,278,000
Accruing loans past due 30-89 days		282,000		565,000
Financing Receivable Recorded Investment Ninety Days Or More Past Due And Accruing Plus Past Due Nonaccrual Loans		631,000	[1]	1,011,000	[2]
Loan balance		166,989,000		165,605,000
Residential Real Estate - HELOC [Member] | Performing Financial Instruments [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		165,620,000		163,212,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0		400,000
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		312,000		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		24,000		121,000
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		112,000		58,000
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		117,000		41,000
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		2,118,000		2,640,000
Financing Receivable, Excluding Accrued Interest, Revolving		162,937,000		159,952,000
Residential Real Estate - HELOC [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,369,000		2,393,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0		89,000
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0		40,000
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		45,000		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0		37,000
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0		90,000
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		1,156,000		1,811,000
Financing Receivable, Excluding Accrued Interest, Revolving		168,000		326,000
Residential Real Estate - HELOC [Member] | Financial Asset, Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		913,000		1,576,000
Residential Real Estate - HELOC [Member] | Financial Asset, Not Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		166,076,000		164,029,000
Residential Real Estate - Installment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Nonaccrual loans		67,000		82,000
Accruing restructured loans		1,009,000		1,508,000
Loans past due 90 days or more and accruing		4,000		0
Total nonperforming loans		1,080,000		1,590,000
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		4,251,000		5,642,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		78,000		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0		15,000
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		10,000		423,000
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		274,000		137,000
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		87,000		1,127,000
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		3,802,000		3,940,000
Financing Receivable, Excluding Accrued Interest, Revolving		0		0
Accruing loans past due 30-89 days		46,000		49,000
Financing Receivable Recorded Investment Ninety Days Or More Past Due And Accruing Plus Past Due Nonaccrual Loans		7,000	[1]	31,000	[2]
Loan balance		4,251,000		5,642,000
Residential Real Estate - Installment [Member] | Performing Financial Instruments [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		3,171,000		4,052,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		78,000		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0		3,000
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		2,000		418,000
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		271,000		111,000
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		68,000		1,049,000
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		2,752,000		2,471,000
Financing Receivable, Excluding Accrued Interest, Revolving		0		0
Residential Real Estate - Installment [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,080,000		1,590,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0		12,000
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		8,000		5,000
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		3,000		26,000
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		19,000		78,000
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		1,050,000		1,469,000
Financing Receivable, Excluding Accrued Interest, Revolving		0		0
Residential Real Estate - Installment [Member] | Financial Asset, Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		53,000		80,000
Residential Real Estate - Installment [Member] | Financial Asset, Not Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		4,198,000		5,562,000
PPP loans receivable [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Nonaccrual loans		0		0
Accruing restructured loans		0		0
Loans past due 90 days or more and accruing		8,000		793,000
Total nonperforming loans		8,000		793,000
Accruing loans past due 30-89 days		780,000		242,000
Financing Receivable Recorded Investment Ninety Days Or More Past Due And Accruing Plus Past Due Nonaccrual Loans		8,000		793,000
Loan balance		5,715,000		74,420,000
PPP loans receivable [Member] | Financial Asset, Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		788,000		1,035,000
PPP loans receivable [Member] | Financial Asset, Not Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		4,927,000		73,385,000
Construction Real Estate Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Nonaccrual loans		10,000		716,000
Accruing restructured loans		4,000		9,000
Loans past due 90 days or more and accruing		0		0
Total nonperforming loans		14,000		725,000
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		111,127,000		107,225,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		49,821,000		68,374,000
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		43,035,000		26,894,000
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		9,093,000		5,767,000
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		4,751,000		2,743,000
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		1,746,000		1,505,000
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		2,605,000		1,863,000
Financing Receivable, Excluding Accrued Interest, Revolving		76,000		79,000
Accruing loans past due 30-89 days				346,000
Financing Receivable Recorded Investment Ninety Days Or More Past Due And Accruing Plus Past Due Nonaccrual Loans	[2]			660,000
Loan balance		111,127,000		107,225,000
Construction Real Estate Retail | Performing Financial Instruments [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		111,113,000		106,500,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		49,821,000		68,374,000
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		43,035,000		26,247,000
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		9,093,000		5,710,000
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		4,751,000		2,743,000
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		1,746,000		1,505,000
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		2,591,000		1,842,000
Financing Receivable, Excluding Accrued Interest, Revolving		76,000		79,000
Construction Real Estate Retail | Nonperforming Financial Instruments [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		14,000		725,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0		647,000
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		0		57,000
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		14,000		21,000
Financing Receivable, Excluding Accrued Interest, Revolving		0		0
Construction Real Estate Retail | Financial Asset, Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss				1,006,000
Construction Real Estate Retail | Financial Asset, Not Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		111,127,000		106,219,000
GFSC loans
Financing Receivable, Credit Quality Indicator [Line Items]
Nonaccrual loans		14,000		79,000
Accruing restructured loans		0		6,000
Loans past due 90 days or more and accruing		6,000		11,000
Total nonperforming loans		20,000		96,000
Bank Overdrafts
Financing Receivable, Credit Quality Indicator [Line Items]
Loan balance		1,957,000		1,127,000
Bank Overdrafts | Financial Asset, Not Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,957,000		1,127,000
Commercial Financial Agricultural less PPP and Overdrafts
Financing Receivable, Credit Quality Indicator [Line Items]
Nonaccrual loans		10,736,000		13,271,000
Accruing restructured loans		1,478,000		9,396,000
Loans past due 90 days or more and accruing		30,000		0
Total nonperforming loans		12,244,000		22,667,000
Accruing loans past due 30-89 days		1,356,000		2,908,000
Financing Receivable Recorded Investment Ninety Days Or More Past Due And Accruing Plus Past Due Nonaccrual Loans		9,303,000	[1]	9,547,000
Loan balance		1,270,321,000		1,223,079,000
Commercial Financial Agricultural less PPP and Overdrafts | Financial Asset, Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		10,659,000		12,455,000
Commercial Financial Agricultural less PPP and Overdrafts | Financial Asset, Not Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,259,662,000		1,210,624,000
Commercial Real Estate [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Nonaccrual loans		18,866,000		40,142,000
Accruing restructured loans		9,068,000		7,713,000
Loans past due 90 days or more and accruing		0		0
Total nonperforming loans		27,934,000		47,855,000
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,790,801,000		1,801,792,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		272,367,000		381,151,000
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		382,042,000		454,564,000
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		394,048,000		298,136,000
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		237,121,000		175,364,000
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		133,271,000		125,882,000
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		357,369,000		350,359,000
Financing Receivable, Excluding Accrued Interest, Revolving		14,583,000		16,336,000
Accruing loans past due 30-89 days		574,000		65,000
Financing Receivable Recorded Investment Ninety Days Or More Past Due And Accruing Plus Past Due Nonaccrual Loans		516,000	[1]	1,461,000	[2]
Loan balance		1,790,801,000		1,801,792,000
Commercial Real Estate [Member] | Financial Asset, Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,090,000		1,526,000
Commercial Real Estate [Member] | Financial Asset, Not Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,789,711,000		1,800,266,000
Finance Leases Portfolio Segment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Nonaccrual loans		1,035,000		1,188,000
Accruing restructured loans		0		0
Loans past due 90 days or more and accruing		0		0
Total nonperforming loans		1,035,000		1,188,000
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		19,871,000		20,532,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		7,082,000		6,903,000
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		4,366,000		6,538,000
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		4,555,000		3,144,000
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		1,759,000		2,257,000
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		1,222,000		767,000
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		887,000		923,000
Financing Receivable, Excluding Accrued Interest, Revolving		0		0
Accruing loans past due 30-89 days		38,000		60,000
Financing Receivable Recorded Investment Ninety Days Or More Past Due And Accruing Plus Past Due Nonaccrual Loans		166,000		526,000	[2]
Loan balance		19,871,000		20,532,000
Finance Leases Portfolio Segment [Member] | Financial Asset, Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		204,000		586,000
Finance Leases Portfolio Segment [Member] | Financial Asset, Not Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		19,667,000		19,946,000
Check loans
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		2,144,000		2,093,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Revolving		2,144,000		2,093,000
Accruing loans past due 30-89 days		5,000		10,000
Loan balance		2,144,000		2,093,000
Check loans | Performing Financial Instruments [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		2,144,000		2,093,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Revolving		2,144,000		2,093,000
Check loans | Nonperforming Financial Instruments [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		0		0
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Revolving		0		0
Check loans | Financial Asset, Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		5,000		10,000
Check loans | Financial Asset, Not Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		2,139,000		2,083,000
Bank Overdrafts
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,957,000		1,127,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		1,957,000		1,127,000
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Revolving		0		0
Bank Overdrafts | Performing Financial Instruments [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,957,000		1,127,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		1,957,000		1,127,000
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Revolving		0		0
Bank Overdrafts | Nonperforming Financial Instruments [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		0		0
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Revolving		0		0
GFSC loans
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		452,000		1,793,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0		252,000
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		81,000		1,059,000
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		230,000		297,000
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		70,000		72,000
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		10,000		5,000
Financing Receivable, Excluding Accrued Interest, Revolving		61,000		108,000
Accruing loans past due 30-89 days		46,000		153,000
Financing Receivable Recorded Investment Ninety Days Or More Past Due And Accruing Plus Past Due Nonaccrual Loans		10,000		52,000
Loan balance		452,000		1,793,000
GFSC loans | Performing Financial Instruments [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		432,000		1,697,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0		243,000
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		81,000		986,000
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		213,000		292,000
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		70,000		63,000
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		7,000		5,000
Financing Receivable, Excluding Accrued Interest, Revolving		61,000		108,000
GFSC loans | Nonperforming Financial Instruments [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		20,000		96,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0		9,000
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		0		73,000
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		17,000		5,000
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0		9,000
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		3,000		0
Financing Receivable, Excluding Accrued Interest, Revolving		0		0
GFSC loans | Financial Asset, Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		56,000		205,000
GFSC loans | Financial Asset, Not Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		396,000		1,588,000
Consumer less GFSC and Check Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Nonaccrual loans		969,000		1,518,000
Accruing restructured loans		561,000		700,000
Loans past due 90 days or more and accruing		335,000		431,000
Total nonperforming loans		1,865,000		2,649,000
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,938,913,000		1,685,793,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		731,439,000		649,879,000
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		501,527,000		506,061,000
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		367,141,000		259,985,000
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		172,111,000		119,621,000
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		72,091,000		64,854,000
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		78,280,000		62,729,000
Financing Receivable, Excluding Accrued Interest, Revolving		16,324,000		22,664,000
Accruing loans past due 30-89 days		4,498,000		2,614,000
Financing Receivable Recorded Investment Ninety Days Or More Past Due And Accruing Plus Past Due Nonaccrual Loans		477,000		618,000
Loan balance		1,938,913,000		1,685,793,000
Consumer less GFSC and Check Loans | Performing Financial Instruments [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,937,048,000		1,683,144,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		731,330,000		649,638,000
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		501,209,000		505,555,000
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		366,792,000		259,230,000
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		171,775,000		119,222,000
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		71,891,000		64,699,000
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		77,727,000		62,136,000
Financing Receivable, Excluding Accrued Interest, Revolving		16,324,000		22,664,000
Consumer less GFSC and Check Loans | Nonperforming Financial Instruments [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,865,000		2,649,000
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		109,000		241,000
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		318,000		506,000
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		349,000		755,000
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		336,000		399,000
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		200,000		155,000
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		553,000		593,000
Financing Receivable, Excluding Accrued Interest, Revolving		0		0
Consumer less GFSC and Check Loans | Financial Asset, Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		4,975,000		3,232,000
Consumer less GFSC and Check Loans | Financial Asset, Not Past Due
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		$ 1,933,938,000		$ 1,682,561,000

[1] 1) Includes an aggregate of $790,000 of loans past due 90 days or more and accruing. The remaining loans were past due nonaccrual loans.(2) Includes an aggregate of $28.5 million of nonaccrual loans which were current in regards to contractual principal and interest payments

[2] 1) Includes an aggregate of $1.6 million of loans past due 90 days or more and accruing. The remaining loans were past due nonaccrual loans.(2) Includes an aggregate of $53.3 million of nonaccrual loans which were current in regards to contractual principal and interest payments.

XML

Loans (Average Recorded Investment And Interest Income Recognized On Loans Individually Evaluated For Impairment) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	$ 28,502		$ 28,502		$ 53,977
FinancingReceivableNonaccrualWithAllowance	16,110		16,110		18,745
Recorded investment	43,670		43,670		74,502
Interest income recognized	355	$ 694	1,079	$ 2,236
Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	43,929		43,929		66,824
Business Assets
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	4,383		4,383		14,614
Other Collateral
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	225		225		213
Collateral Pledged [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	48,537		48,537		81,651
Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, Related Allowance	2,271		2,271		2,240
Commercial Financial And Agricultural [Member] | Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	8,716		8,716		9,321
Commercial Financial And Agricultural [Member] | Business Assets
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	3,318		3,318		13,366
Commercial Financial And Agricultural [Member] | Other Collateral
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	225		225		156
Commercial Financial And Agricultural [Member] | Collateral Pledged [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	12,259		12,259		22,843
Construction Real Estate Commercial [Domain]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	439		439		52
FinancingReceivableNonaccrualWithAllowance	0		0		0
Interest income recognized	6	1	10	38
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	69,238		69,238		97,131
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	56,027		56,027		76,919
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	30,954		30,954		7,003
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	3,019		3,019		5,796
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	3,862		3,862		1,856
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	3,400		3,400		3,412
Financing Receivable, Excluding Accrued Interest, Revolving	34,080		34,080		22,444
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	200,580		200,580		214,561
Construction Real Estate Commercial [Domain] | Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	1,107		1,107		1,178
Construction Real Estate Commercial [Domain] | Business Assets
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	0		0		0
Construction Real Estate Commercial [Domain] | Other Collateral
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	0		0		0
Construction Real Estate Commercial [Domain] | Collateral Pledged [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	1,107		1,107		1,178
Construction Real Estate Commercial [Domain] | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, Related Allowance	0		0		0
Residential Real Estate Commercial [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	1,725		1,725		2,366
FinancingReceivableNonaccrualWithAllowance	0		0		0
Interest income recognized	24	60	64	180
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	77,746		77,746		139,687
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	125,968		125,968		166,108
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	146,415		146,415		68,718
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	59,592		59,592		45,016
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	36,009		36,009		26,678
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	71,704		71,704		71,924
Financing Receivable, Excluding Accrued Interest, Revolving	15,487		15,487		15,671
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	532,921		532,921		533,802
Residential Real Estate Commercial [Member] | Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	2,452		2,452		2,906
Residential Real Estate Commercial [Member] | Business Assets
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	0		0		0
Residential Real Estate Commercial [Member] | Other Collateral
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	0		0		57
Residential Real Estate Commercial [Member] | Collateral Pledged [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	2,452		2,452		2,963
Residential Real Estate Commercial [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, Related Allowance	0		0		0
Construction Real Estate Retail
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	0		0		0
FinancingReceivableNonaccrualWithAllowance	10		10		716
Interest income recognized	0	0	4	1
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	49,821		49,821		68,374
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	43,035		43,035		26,894
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	9,093		9,093		5,767
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	4,751		4,751		2,743
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	1,746		1,746		1,505
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	2,605		2,605		1,863
Financing Receivable, Excluding Accrued Interest, Revolving	76		76		79
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	111,127		111,127		107,225
Construction Real Estate Retail | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, Related Allowance	1		1		67
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		647
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	0		0		57
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	14		14		21
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	14		14		725
Construction Real Estate Retail | Performing Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	49,821		49,821		68,374
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	43,035		43,035		26,247
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	9,093		9,093		5,710
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	4,751		4,751		2,743
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	1,746		1,746		1,505
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	2,591		2,591		1,842
Financing Receivable, Excluding Accrued Interest, Revolving	76		76		79
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	111,113		111,113		106,500
Residential Real Estate - Mortgage [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	0		0		0
FinancingReceivableNonaccrualWithAllowance	9,579		9,579		11,718
Interest income recognized	43	90	112	233
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	168,168		168,168		230,299
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	217,090		217,090		217,648
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	198,248		198,248		114,862
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	94,034		94,034		69,598
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	57,615		57,615		60,513
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	322,049		322,049		340,738
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	1,057,204		1,057,204		1,033,658
Residential Real Estate - Mortgage [Member] | Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	94		94		370
Residential Real Estate - Mortgage [Member] | Business Assets
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	0		0		0
Residential Real Estate - Mortgage [Member] | Other Collateral
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	0		0		0
Residential Real Estate - Mortgage [Member] | Collateral Pledged [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	94		94		370
Residential Real Estate - Mortgage [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, Related Allowance	78		78		73
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		626
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	357		357		785
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	564		564		824
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	578		578		574
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	15,571		15,571		17,060
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	17,070		17,070		19,869
Residential Real Estate - Mortgage [Member] | Performing Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	168,168		168,168		230,299
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	217,090		217,090		217,022
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	197,891		197,891		114,077
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	93,470		93,470		68,774
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	57,037		57,037		59,939
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	306,478		306,478		323,678
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	1,040,134		1,040,134		1,013,789
Residential Real Estate - HELOC [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	125		125		0
FinancingReceivableNonaccrualWithAllowance	1,047		1,047		1,590
Interest income recognized	5	2	11	12
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		489
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	312		312		40
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	69		69		121
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	112		112		95
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	117		117		131
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	3,274		3,274		4,451
Financing Receivable, Excluding Accrued Interest, Revolving	163,105		163,105		160,278
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	166,989		166,989		165,605
Residential Real Estate - HELOC [Member] | Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	124		124		148
Residential Real Estate - HELOC [Member] | Business Assets
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	0		0		0
Residential Real Estate - HELOC [Member] | Other Collateral
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	0		0		0
Residential Real Estate - HELOC [Member] | Collateral Pledged [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	124		124		148
Residential Real Estate - HELOC [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, Related Allowance	88		88		99
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		89
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		40
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	45		45		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		37
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		90
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	1,156		1,156		1,811
Financing Receivable, Excluding Accrued Interest, Revolving	168		168		326
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	1,369		1,369		2,393
Residential Real Estate - HELOC [Member] | Performing Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		400
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	312		312		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	24		24		121
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	112		112		58
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	117		117		41
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	2,118		2,118		2,640
Financing Receivable, Excluding Accrued Interest, Revolving	162,937		162,937		159,952
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	165,620		165,620		163,212
Residential Real Estate - Installment [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	0		0		0
FinancingReceivableNonaccrualWithAllowance	67		67		82
Interest income recognized	1	0	3	2
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	78		78		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		15
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	10		10		423
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	274		274		137
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	87		87		1,127
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	3,802		3,802		3,940
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	4,251		4,251		5,642
Residential Real Estate - Installment [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, Related Allowance	17		17		24
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		12
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	8		8		5
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	3		3		26
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	19		19		78
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	1,050		1,050		1,469
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	1,080		1,080		1,590
Residential Real Estate - Installment [Member] | Performing Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	78		78		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		3
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	2		2		418
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	271		271		111
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	68		68		1,049
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	2,752		2,752		2,471
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	3,171		3,171		4,052
PPP loans receivable [Member]
Financing Receivable, Impaired [Line Items]
Interest income recognized	0	0	0	0
Bank Overdrafts
Financing Receivable, Impaired [Line Items]
Interest income recognized	0	0	0	0
Commercial Financial Agricultural less PPP and Overdrafts
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	9,982		9,982		11,494
FinancingReceivableNonaccrualWithAllowance	754		754		1,777
Interest income recognized	15	40	45	147
Commercial Financial Agricultural less PPP and Overdrafts | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, Related Allowance	507		507		1,343
Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	15,288		15,288		39,151
FinancingReceivableNonaccrualWithAllowance	3,578		3,578		991
Interest income recognized	237	458	751	1,480
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	272,367		272,367		381,151
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	382,042		382,042		454,564
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	394,048		394,048		298,136
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	237,121		237,121		175,364
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	133,271		133,271		125,882
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	357,369		357,369		350,359
Financing Receivable, Excluding Accrued Interest, Revolving	14,583		14,583		16,336
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	1,790,801		1,790,801		1,801,792
Commercial Real Estate [Member] | Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	31,436		31,436		52,901
Commercial Real Estate [Member] | Business Assets
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	30		30		37
Commercial Real Estate [Member] | Other Collateral
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	0		0		0
Commercial Real Estate [Member] | Collateral Pledged [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	31,466		31,466		52,938
Commercial Real Estate [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, Related Allowance	1,152		1,152		188
Bank Overdrafts
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	0		0		0
FinancingReceivableNonaccrualWithAllowance	0		0		0
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	1,957		1,957		1,127
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	1,957		1,957		1,127
Bank Overdrafts | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, Related Allowance	0		0		0
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	0		0		0
Bank Overdrafts | Performing Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	1,957		1,957		1,127
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	1,957		1,957		1,127
PPP loans receivable [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	0		0		0
FinancingReceivableNonaccrualWithAllowance	0		0		0
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		69,588
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	3,162		3,162		4,832
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	2,553		2,553		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	5,715		5,715		74,420
PPP loans receivable [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, Related Allowance	0		0		0
GFSC loans
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	0		0		0
FinancingReceivableNonaccrualWithAllowance	14		14		79
Interest income recognized	1	3	4	11
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		252
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	81		81		1,059
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	230		230		297
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	70		70		72
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	10		10		5
Financing Receivable, Excluding Accrued Interest, Revolving	61		61		108
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	452		452		1,793
GFSC loans | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, Related Allowance	1		1		10
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		9
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	0		0		73
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	17		17		5
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		9
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	3		3		0
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	20		20		96
GFSC loans | Performing Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		243
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	81		81		986
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	213		213		292
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	70		70		63
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	7		7		5
Financing Receivable, Excluding Accrued Interest, Revolving	61		61		108
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	432		432		1,697
Check loans
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	0		0		0
FinancingReceivableNonaccrualWithAllowance	0		0		0
Interest income recognized	0	0	0	0
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Revolving	2,144		2,144		2,093
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	2,144		2,144		2,093
Check loans | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, Related Allowance	0		0		0
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	0		0		0
Check loans | Performing Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Revolving	2,144		2,144		2,093
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	2,144		2,144		2,093
Finance Leases Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	943		943		914
FinancingReceivableNonaccrualWithAllowance	92		92		274
Interest income recognized	9	17	33	61
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	7,082		7,082		6,903
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	4,366		4,366		6,538
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	4,555		4,555		3,144
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	1,759		1,759		2,257
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	1,222		1,222		767
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	887		887		923
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	19,871		19,871		20,532
Finance Leases Portfolio Segment [Member] | Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	0		0		0
Finance Leases Portfolio Segment [Member] | Business Assets
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	1,035		1,035		1,211
Finance Leases Portfolio Segment [Member] | Other Collateral
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	0		0		0
Finance Leases Portfolio Segment [Member] | Collateral Pledged [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	1,035		1,035		1,211
Finance Leases Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, Related Allowance	18		18		43
Consumer less GFSC and Check Loans
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	0		0		0
FinancingReceivableNonaccrualWithAllowance	969		969		1,518
Interest income recognized	14	$ 23	42	$ 71
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	731,439		731,439		649,879
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	501,527		501,527		506,061
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	367,141		367,141		259,985
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	172,111		172,111		119,621
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	72,091		72,091		64,854
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	78,280		78,280		62,729
Financing Receivable, Excluding Accrued Interest, Revolving	16,324		16,324		22,664
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	1,938,913		1,938,913		1,685,793
Consumer less GFSC and Check Loans | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, Related Allowance	409		409		393
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	109		109		241
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	318		318		506
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	349		349		755
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	336		336		399
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	200		200		155
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	553		553		593
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	1,865		1,865		2,649
Consumer less GFSC and Check Loans | Performing Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	731,330		731,330		649,638
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	501,209		501,209		505,555
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	366,792		366,792		259,230
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	171,775		171,775		119,222
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	71,891		71,891		64,699
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	77,727		77,727		62,136
Financing Receivable, Excluding Accrued Interest, Revolving	16,324		16,324		22,664
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	$ 1,937,048		$ 1,937,048		$ 1,683,144

XML

Loans (Impaired Loans) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	$ 28,502		$ 28,502		$ 53,977
FinancingReceivableNonaccrualWithAllowance	16,110		16,110		18,745
Interest income recognized	355	$ 694	1,079	$ 2,236
Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	43,929		43,929		66,824
Business Assets
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	4,383		4,383		14,614
Other Collateral
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	225		225		213
Collateral Pledged [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	48,537		48,537		81,651
Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses allocated	2,271		2,271		2,240
Commercial Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	573,872		573,872		963,190
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	794,608		794,608		919,567
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	748,410		748,410		479,032
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	370,952		370,952		282,769
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	212,809		212,809		193,000
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	503,990		503,990		494,470
Financing Receivable, Excluding Accrued Interest, Revolving	615,568		615,568		536,158
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	3,820,209		3,820,209		3,868,186
Commercial Portfolio Segment [Member] | Pass Rated [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	571,755		571,755		955,507
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	790,205		790,205		906,488
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	737,247		737,247		442,074
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	360,802		360,802		259,230
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	189,209		189,209		181,243
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	464,203		464,203		451,971
Financing Receivable, Excluding Accrued Interest, Revolving	587,020		587,020		521,590
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	3,700,441		3,700,441		3,718,103
Commercial Portfolio Segment [Member] | 5 Rated [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	1,124		1,124		2,889
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	2,404		2,404		8,793
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	6,737		6,737		33,684
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	8,132		8,132		10,250
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	13,868		13,868		4,595
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	23,759		23,759		18,326
Financing Receivable, Excluding Accrued Interest, Revolving	27,524		27,524		13,117
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	83,548		83,548		91,654
Commercial Portfolio Segment [Member] | 6 Rated [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	919		919		4,738
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	1,908		1,908		4,256
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	4,393		4,393		2,477
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	1,811		1,811		13,046
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	6,667		6,667		6,630
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	15,146		15,146		23,430
Financing Receivable, Excluding Accrued Interest, Revolving	819		819		963
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	31,663		31,663		55,540
Commercial Portfolio Segment [Member] | Impaired [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	74		74		56
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	91		91		30
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	33		33		797
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	207		207		243
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	3,065		3,065		532
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	882		882		743
Financing Receivable, Excluding Accrued Interest, Revolving	205		205		488
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	4,557		4,557		2,889
Commercial Financial And Agricultural [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year					268,730
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year					210,606
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year					102,031
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year					54,336
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year					37,817
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year					67,852
Financing Receivable, Excluding Accrued Interest, Revolving					481,707
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss					1,223,079
Commercial Financial And Agricultural [Member] | Pass Rated [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year					267,016
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year					208,078
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year					100,736
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year					52,705
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year					36,528
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year					59,909
Financing Receivable, Excluding Accrued Interest, Revolving					468,749
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss					1,193,721
Commercial Financial And Agricultural [Member] | 5 Rated [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year					1,608
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year					1,592
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year					429
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year					59
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year					277
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year					0
Financing Receivable, Excluding Accrued Interest, Revolving					11,986
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss					15,951
Commercial Financial And Agricultural [Member] | 6 Rated [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year					106
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year					906
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year					401
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year					1,345
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year					549
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year					7,818
Financing Receivable, Excluding Accrued Interest, Revolving					484
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss					11,609
Commercial Financial And Agricultural [Member] | Impaired [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year					0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year					30
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year					465
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year					227
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year					463
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year					125
Financing Receivable, Excluding Accrued Interest, Revolving					488
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss					1,798
Consumer [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	951,463		951,463		950,168
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	761,964		761,964		750,910
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	574,642		574,642		382,217
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	271,512		271,512		192,491
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	131,726		131,726		128,202
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	410,020		410,020		413,726
Financing Receivable, Excluding Accrued Interest, Revolving	181,710		181,710		185,222
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	3,283,037		3,283,037		3,002,936
Consumer [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	109		109		330
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	318		318		1,840
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	759		759		1,675
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	920		920		1,291
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	797		797		906
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	18,347		18,347		20,954
Financing Receivable, Excluding Accrued Interest, Revolving	168		168		326
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	21,418		21,418		27,322
Consumer [Member] | Performing Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	951,354		951,354		949,838
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	761,646		761,646		749,070
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	573,883		573,883		380,542
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	270,592		270,592		191,200
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	130,929		130,929		127,296
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	391,673		391,673		392,772
Financing Receivable, Excluding Accrued Interest, Revolving	181,542		181,542		184,896
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	3,261,619		3,261,619		2,975,614
Commercial Financial And Agricultural [Member] | Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	8,716		8,716		9,321
Commercial Financial And Agricultural [Member] | Business Assets
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	3,318		3,318		13,366
Commercial Financial And Agricultural [Member] | Other Collateral
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	225		225		156
Commercial Financial And Agricultural [Member] | Collateral Pledged [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	12,259		12,259		22,843
Construction Real Estate Commercial [Domain]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	439		439		52
FinancingReceivableNonaccrualWithAllowance	0		0		0
Interest income recognized	6	1	10	38
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	69,238		69,238		97,131
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	56,027		56,027		76,919
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	30,954		30,954		7,003
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	3,019		3,019		5,796
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	3,862		3,862		1,856
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	3,400		3,400		3,412
Financing Receivable, Excluding Accrued Interest, Revolving	34,080		34,080		22,444
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	200,580		200,580		214,561
Construction Real Estate Commercial [Domain] | Pass Rated [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	69,238		69,238		96,929
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	55,895		55,895		76,867
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	30,411		30,411		7,003
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	3,019		3,019		4,841
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	3,194		3,194		1,856
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	3,400		3,400		3,412
Financing Receivable, Excluding Accrued Interest, Revolving	34,080		34,080		22,444
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	199,237		199,237		213,352
Construction Real Estate Commercial [Domain] | 5 Rated [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		202
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	236		236		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		691
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	236		236		893
Construction Real Estate Commercial [Domain] | 6 Rated [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	132		132		52
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	307		307		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		264
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	668		668		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	1,107		1,107		316
Construction Real Estate Commercial [Domain] | Impaired [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	0		0		0
Construction Real Estate Commercial [Domain] | Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	1,107		1,107		1,178
Construction Real Estate Commercial [Domain] | Business Assets
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	0		0		0
Construction Real Estate Commercial [Domain] | Other Collateral
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	0		0		0
Construction Real Estate Commercial [Domain] | Collateral Pledged [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	1,107		1,107		1,178
Construction Real Estate Commercial [Domain] | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses allocated	0		0		0
Residential Real Estate Commercial [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	1,725		1,725		2,366
FinancingReceivableNonaccrualWithAllowance	0		0		0
Interest income recognized	24	60	64	180
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	77,746		77,746		139,687
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	125,968		125,968		166,108
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	146,415		146,415		68,718
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	59,592		59,592		45,016
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	36,009		36,009		26,678
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	71,704		71,704		71,924
Financing Receivable, Excluding Accrued Interest, Revolving	15,487		15,487		15,671
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	532,921		532,921		533,802
Residential Real Estate Commercial [Member] | Pass Rated [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	77,551		77,551		138,801
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	125,411		125,411		165,202
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	144,603		144,603		67,921
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	58,862		58,862		44,896
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	35,700		35,700		26,583
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	69,669		69,669		70,434
Financing Receivable, Excluding Accrued Interest, Revolving	15,341		15,341		15,507
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	527,137		527,137		529,344
Residential Real Estate Commercial [Member] | 5 Rated [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		95
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	93		93		884
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	1,491		1,491		106
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	698		698		79
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	1,356		1,356		497
Financing Receivable, Excluding Accrued Interest, Revolving	146		146		135
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	3,784		3,784		1,796
Residential Real Estate Commercial [Member] | 6 Rated [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	195		195		735
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	464		464		22
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	321		321		691
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	32		32		41
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	309		309		95
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	679		679		993
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		29
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	2,000		2,000		2,606
Residential Real Estate Commercial [Member] | Impaired [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		56
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	0		0		56
Residential Real Estate Commercial [Member] | Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	2,452		2,452		2,906
Residential Real Estate Commercial [Member] | Business Assets
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	0		0		0
Residential Real Estate Commercial [Member] | Other Collateral
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	0		0		57
Residential Real Estate Commercial [Member] | Collateral Pledged [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	2,452		2,452		2,963
Residential Real Estate Commercial [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses allocated	0		0		0
Commercial Financial Agricultural less PPP and Overdrafts
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	9,982		9,982		11,494
FinancingReceivableNonaccrualWithAllowance	754		754		1,777
Interest income recognized	15	40	45	147
Commercial Financial Agricultural less PPP and Overdrafts | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses allocated	507		507		1,343
Construction Real Estate Retail
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	0		0		0
FinancingReceivableNonaccrualWithAllowance	10		10		716
Interest income recognized	0	0	4	1
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	49,821		49,821		68,374
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	43,035		43,035		26,894
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	9,093		9,093		5,767
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	4,751		4,751		2,743
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	1,746		1,746		1,505
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	2,605		2,605		1,863
Financing Receivable, Excluding Accrued Interest, Revolving	76		76		79
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	111,127		111,127		107,225
Construction Real Estate Retail | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses allocated	1		1		67
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		647
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	0		0		57
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	14		14		21
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	14		14		725
Construction Real Estate Retail | Performing Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	49,821		49,821		68,374
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	43,035		43,035		26,247
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	9,093		9,093		5,710
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	4,751		4,751		2,743
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	1,746		1,746		1,505
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	2,591		2,591		1,842
Financing Receivable, Excluding Accrued Interest, Revolving	76		76		79
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	111,113		111,113		106,500
Residential Real Estate - Mortgage [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	0		0		0
FinancingReceivableNonaccrualWithAllowance	9,579		9,579		11,718
Interest income recognized	43	90	112	233
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	168,168		168,168		230,299
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	217,090		217,090		217,648
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	198,248		198,248		114,862
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	94,034		94,034		69,598
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	57,615		57,615		60,513
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	322,049		322,049		340,738
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	1,057,204		1,057,204		1,033,658
Residential Real Estate - Mortgage [Member] | Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	94		94		370
Residential Real Estate - Mortgage [Member] | Business Assets
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	0		0		0
Residential Real Estate - Mortgage [Member] | Other Collateral
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	0		0		0
Residential Real Estate - Mortgage [Member] | Collateral Pledged [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	94		94		370
Residential Real Estate - Mortgage [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses allocated	78		78		73
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		626
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	357		357		785
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	564		564		824
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	578		578		574
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	15,571		15,571		17,060
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	17,070		17,070		19,869
Residential Real Estate - Mortgage [Member] | Performing Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	168,168		168,168		230,299
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	217,090		217,090		217,022
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	197,891		197,891		114,077
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	93,470		93,470		68,774
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	57,037		57,037		59,939
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	306,478		306,478		323,678
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	1,040,134		1,040,134		1,013,789
Residential Real Estate - HELOC [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	125		125		0
FinancingReceivableNonaccrualWithAllowance	1,047		1,047		1,590
Interest income recognized	5	2	11	12
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		489
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	312		312		40
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	69		69		121
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	112		112		95
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	117		117		131
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	3,274		3,274		4,451
Financing Receivable, Excluding Accrued Interest, Revolving	163,105		163,105		160,278
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	166,989		166,989		165,605
Residential Real Estate - HELOC [Member] | Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	124		124		148
Residential Real Estate - HELOC [Member] | Business Assets
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	0		0		0
Residential Real Estate - HELOC [Member] | Other Collateral
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	0		0		0
Residential Real Estate - HELOC [Member] | Collateral Pledged [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	124		124		148
Residential Real Estate - HELOC [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses allocated	88		88		99
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		89
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		40
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	45		45		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		37
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		90
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	1,156		1,156		1,811
Financing Receivable, Excluding Accrued Interest, Revolving	168		168		326
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	1,369		1,369		2,393
Residential Real Estate - HELOC [Member] | Performing Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		400
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	312		312		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	24		24		121
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	112		112		58
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	117		117		41
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	2,118		2,118		2,640
Financing Receivable, Excluding Accrued Interest, Revolving	162,937		162,937		159,952
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	165,620		165,620		163,212
Residential Real Estate - Installment [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	0		0		0
FinancingReceivableNonaccrualWithAllowance	67		67		82
Interest income recognized	1	0	3	2
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	78		78		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		15
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	10		10		423
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	274		274		137
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	87		87		1,127
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	3,802		3,802		3,940
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	4,251		4,251		5,642
Residential Real Estate - Installment [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses allocated	17		17		24
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		12
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	8		8		5
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	3		3		26
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	19		19		78
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	1,050		1,050		1,469
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	1,080		1,080		1,590
Residential Real Estate - Installment [Member] | Performing Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	78		78		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		3
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	2		2		418
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	271		271		111
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	68		68		1,049
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	2,752		2,752		2,471
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	3,171		3,171		4,052
Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	15,288		15,288		39,151
FinancingReceivableNonaccrualWithAllowance	3,578		3,578		991
Interest income recognized	237	458	751	1,480
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	272,367		272,367		381,151
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	382,042		382,042		454,564
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	394,048		394,048		298,136
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	237,121		237,121		175,364
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	133,271		133,271		125,882
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	357,369		357,369		350,359
Financing Receivable, Excluding Accrued Interest, Revolving	14,583		14,583		16,336
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	1,790,801		1,790,801		1,801,792
Commercial Real Estate [Member] | Pass Rated [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	271,557		271,557		376,468
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	379,993		379,993		445,780
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	389,071		389,071		263,786
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	228,751		228,751		154,637
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	112,182		112,182		115,571
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	327,854		327,854		317,371
Financing Receivable, Excluding Accrued Interest, Revolving	14,433		14,433		14,890
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	1,723,841		1,723,841		1,688,503
Commercial Real Estate [Member] | 5 Rated [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	397		397		786
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	757		757		6,206
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	3,934		3,934		32,965
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	6,821		6,821		9,354
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	13,830		13,830		4,297
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	22,311		22,311		17,829
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		996
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	48,050		48,050		72,433
Commercial Real Estate [Member] | 6 Rated [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	413		413		3,897
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	1,292		1,292		2,578
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	1,043		1,043		1,385
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	1,549		1,549		11,373
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	4,293		4,293		5,967
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	6,596		6,596		14,541
Financing Receivable, Excluding Accrued Interest, Revolving	150		150		450
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	15,336		15,336		40,191
Commercial Real Estate [Member] | Impaired [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	2,966		2,966		47
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	608		608		618
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	3,574		3,574		665
Commercial Real Estate [Member] | Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	31,436		31,436		52,901
Commercial Real Estate [Member] | Business Assets
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	30		30		37
Commercial Real Estate [Member] | Other Collateral
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	0		0		0
Commercial Real Estate [Member] | Collateral Pledged [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	31,466		31,466		52,938
Commercial Real Estate [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses allocated	1,152		1,152		188
Finance Leases Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	943		943		914
FinancingReceivableNonaccrualWithAllowance	92		92		274
Interest income recognized	9	17	33	61
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	7,082		7,082		6,903
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	4,366		4,366		6,538
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	4,555		4,555		3,144
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	1,759		1,759		2,257
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	1,222		1,222		767
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	887		887		923
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	19,871		19,871		20,532
Finance Leases Portfolio Segment [Member] | Pass Rated [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	6,869		6,869		6,705
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	4,275		4,275		5,729
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	3,996		3,996		2,628
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	1,529		1,529		2,151
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	1,209		1,209		705
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	853		853		845
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	18,731		18,731		18,763
Finance Leases Portfolio Segment [Member] | 5 Rated [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	105		105		198
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		111
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	0		0		184
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		67
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		21
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	105		105		581
Finance Leases Portfolio Segment [Member] | 6 Rated [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	34		34		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		698
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	533		533		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	122		122		23
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	13		13		19
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	33		33		78
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	735		735		818
Finance Leases Portfolio Segment [Member] | Impaired [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	74		74		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	91		91		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	26		26		332
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	108		108		16
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		22
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	1		1		0
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	300		300		370
Finance Leases Portfolio Segment [Member] | Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	0		0		0
Finance Leases Portfolio Segment [Member] | Business Assets
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	1,035		1,035		1,211
Finance Leases Portfolio Segment [Member] | Other Collateral
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	0		0		0
Finance Leases Portfolio Segment [Member] | Collateral Pledged [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable Amortized Cost	1,035		1,035		1,211
Finance Leases Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses allocated	18		18		43
PPP loans receivable [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	0		0		0
FinancingReceivableNonaccrualWithAllowance	0		0		0
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		69,588
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	3,162		3,162		4,832
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	2,553		2,553		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	5,715		5,715		74,420
PPP loans receivable [Member] | Pass Rated [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		69,588
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	3,162		3,162		4,832
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	2,553		2,553		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	5,715		5,715		74,420
PPP loans receivable [Member] | 5 Rated [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	0		0		0
PPP loans receivable [Member] | 6 Rated [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	0		0		0
PPP loans receivable [Member] | Impaired [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	0		0		0
PPP loans receivable [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses allocated	0		0		0
Bank Overdrafts
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	0		0		0
FinancingReceivableNonaccrualWithAllowance	0		0		0
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	1,957		1,957		1,127
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	1,957		1,957		1,127
Bank Overdrafts | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses allocated	0		0		0
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	0		0		0
Bank Overdrafts | Performing Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	1,957		1,957		1,127
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	1,957		1,957		1,127
Consumer less GFSC and Check Loans
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	0		0		0
FinancingReceivableNonaccrualWithAllowance	969		969		1,518
Interest income recognized	14	23	42	71
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	731,439		731,439		649,879
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	501,527		501,527		506,061
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	367,141		367,141		259,985
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	172,111		172,111		119,621
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	72,091		72,091		64,854
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	78,280		78,280		62,729
Financing Receivable, Excluding Accrued Interest, Revolving	16,324		16,324		22,664
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	1,938,913		1,938,913		1,685,793
Consumer less GFSC and Check Loans | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses allocated	409		409		393
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	109		109		241
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	318		318		506
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	349		349		755
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	336		336		399
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	200		200		155
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	553		553		593
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	1,865		1,865		2,649
Consumer less GFSC and Check Loans | Performing Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	731,330		731,330		649,638
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	501,209		501,209		505,555
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	366,792		366,792		259,230
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	171,775		171,775		119,222
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	71,891		71,891		64,699
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	77,727		77,727		62,136
Financing Receivable, Excluding Accrued Interest, Revolving	16,324		16,324		22,664
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	1,937,048		1,937,048		1,683,144
GFSC loans
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	0		0		0
FinancingReceivableNonaccrualWithAllowance	14		14		79
Interest income recognized	1	3	4	11
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		252
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	81		81		1,059
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	230		230		297
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	70		70		72
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	10		10		5
Financing Receivable, Excluding Accrued Interest, Revolving	61		61		108
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	452		452		1,793
GFSC loans | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses allocated	1		1		10
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		9
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	0		0		73
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	17		17		5
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		9
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	3		3		0
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	20		20		96
GFSC loans | Performing Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		243
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	81		81		986
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	213		213		292
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	70		70		63
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	7		7		5
Financing Receivable, Excluding Accrued Interest, Revolving	61		61		108
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	432		432		1,697
Check loans
Financing Receivable, Impaired [Line Items]
Financing Receivable, Nonaccrual, No Allowance	0		0		0
FinancingReceivableNonaccrualWithAllowance	0		0		0
Interest income recognized	0	$ 0	0	$ 0
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Revolving	2,144		2,144		2,093
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	2,144		2,144		2,093
Check loans | Nonperforming Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Allowance for loan losses allocated	0		0		0
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Revolving	0		0		0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	0		0		0
Check loans | Performing Financial Instruments [Member]
Financing Receivable, Impaired [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year	0		0		0
Financing Receivable, Excluding Accrued Interest, Revolving	2,144		2,144		2,093
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	$ 2,144		$ 2,144		$ 2,093

XML

Loans (Aging Of Past Due Loans) (Details) - USD ($) $ in Thousands		Sep. 30, 2022		Dec. 31, 2021
Financing Receivable, Past Due [Line Items]
Accruing loans past due 30-89 days		$ 14,778		$ 13,465
Loan balance		7,103,246		6,871,122
Financing Receivable Recorded Investment Ninety Days Or More Past Due And Accruing Plus Past Due Nonaccrual Loans		16,930	[1]	21,070	[2]
Impaired Financing Receivable, Recorded Investment, Nonaccrual loans which are current in regards to contractual P&I payments		28,500		53,300
Financial Asset, Not Past Due
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		7,071,538		6,836,587
Construction Real Estate Commercial [Domain]
Financing Receivable, Past Due [Line Items]
Accruing loans past due 30-89 days		158
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		200,580		214,561
Loan balance		200,580		214,561
Construction Real Estate Commercial [Domain] | Financial Asset, Not Past Due
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		200,422		214,561
Residential Real Estate Commercial [Member]
Financing Receivable, Past Due [Line Items]
Accruing loans past due 30-89 days		9		283
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		532,921		533,802
Loan balance		532,921		533,802
Financing Receivable Recorded Investment Ninety Days Or More Past Due And Accruing Plus Past Due Nonaccrual Loans		362	[1]	438	[2]
Residential Real Estate Commercial [Member] | Financial Asset, Not Past Due
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		532,550		533,081
Residential Real Estate - Mortgage [Member]
Financing Receivable, Past Due [Line Items]
Accruing loans past due 30-89 days		6,986		6,170
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,057,204		1,033,658
Loan balance		1,057,204		1,033,658
Financing Receivable Recorded Investment Ninety Days Or More Past Due And Accruing Plus Past Due Nonaccrual Loans		5,450	[1]	5,933	[2]
Residential Real Estate - Mortgage [Member] | Financial Asset, Not Past Due
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,044,768		1,021,555
Residential Real Estate - HELOC [Member]
Financing Receivable, Past Due [Line Items]
Accruing loans past due 30-89 days		282		565
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		166,989		165,605
Loan balance		166,989		165,605
Financing Receivable Recorded Investment Ninety Days Or More Past Due And Accruing Plus Past Due Nonaccrual Loans		631	[1]	1,011	[2]
Residential Real Estate - HELOC [Member] | Financial Asset, Not Past Due
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		166,076		164,029
Residential Real Estate - Installment [Member]
Financing Receivable, Past Due [Line Items]
Accruing loans past due 30-89 days		46		49
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		4,251		5,642
Loan balance		4,251		5,642
Financing Receivable Recorded Investment Ninety Days Or More Past Due And Accruing Plus Past Due Nonaccrual Loans		7	[1]	31	[2]
Residential Real Estate - Installment [Member] | Financial Asset, Not Past Due
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		4,198		5,562
PPP loans receivable [Member]
Financing Receivable, Past Due [Line Items]
Accruing loans past due 30-89 days		780		242
Loan balance		5,715		74,420
Financing Receivable Recorded Investment Ninety Days Or More Past Due And Accruing Plus Past Due Nonaccrual Loans		8		793
PPP loans receivable [Member] | Financial Asset, Not Past Due
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		4,927		73,385
Bank Overdrafts
Financing Receivable, Past Due [Line Items]
Loan balance		1,957		1,127
Bank Overdrafts | Financial Asset, Not Past Due
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,957		1,127
Construction Real Estate Retail
Financing Receivable, Past Due [Line Items]
Accruing loans past due 30-89 days				346
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		111,127		107,225
Loan balance		111,127		107,225
Financing Receivable Recorded Investment Ninety Days Or More Past Due And Accruing Plus Past Due Nonaccrual Loans	[2]			660
Construction Real Estate Retail | Financial Asset, Not Past Due
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		111,127		106,219
Commercial Real Estate [Member]
Financing Receivable, Past Due [Line Items]
Accruing loans past due 30-89 days		574		65
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,790,801		1,801,792
Loan balance		1,790,801		1,801,792
Financing Receivable Recorded Investment Ninety Days Or More Past Due And Accruing Plus Past Due Nonaccrual Loans		516	[1]	1,461	[2]
Commercial Real Estate [Member] | Financial Asset, Not Past Due
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,789,711		1,800,266
Finance Leases Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Accruing loans past due 30-89 days		38		60
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		19,871		20,532
Loan balance		19,871		20,532
Financing Receivable Recorded Investment Ninety Days Or More Past Due And Accruing Plus Past Due Nonaccrual Loans		166		526	[2]
Finance Leases Portfolio Segment [Member] | Financial Asset, Not Past Due
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		19,667		19,946
PPP loans receivable [Member]
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		5,715		74,420
GFSC loans
Financing Receivable, Past Due [Line Items]
Accruing loans past due 30-89 days		46		153
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		452		1,793
Loan balance		452		1,793
Financing Receivable Recorded Investment Ninety Days Or More Past Due And Accruing Plus Past Due Nonaccrual Loans		10		52
GFSC loans | Financial Asset, Not Past Due
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		396		1,588
Check loans
Financing Receivable, Past Due [Line Items]
Accruing loans past due 30-89 days		5		10
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		2,144		2,093
Loan balance		2,144		2,093
Check loans | Financial Asset, Not Past Due
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		2,139		2,083
Bank Overdrafts
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		$ 1,957		$ 1,127

[1] 1) Includes an aggregate of $790,000 of loans past due 90 days or more and accruing. The remaining loans were past due nonaccrual loans.(2) Includes an aggregate of $28.5 million of nonaccrual loans which were current in regards to contractual principal and interest payments

[2] 1) Includes an aggregate of $1.6 million of loans past due 90 days or more and accruing. The remaining loans were past due nonaccrual loans.(2) Includes an aggregate of $53.3 million of nonaccrual loans which were current in regards to contractual principal and interest payments.

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Loans (Credit Quality Indicators and Loan Grade) (Details) - USD ($) $ in Thousands		Sep. 30, 2022	Dec. 31, 2021
Financing Receivable, Credit Quality Indicator [Line Items]
Recorded Investment		$ 7,103,246	$ 6,871,122
Commercial Portfolio Segment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		573,872	963,190
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		794,608	919,567
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		748,410	479,032
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		370,952	282,769
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		212,809	193,000
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		503,990	494,470
Financing Receivable, Excluding Accrued Interest, Revolving		615,568	536,158
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		3,820,209	3,868,186
Consumer [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		951,463	950,168
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		761,964	750,910
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		574,642	382,217
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		271,512	192,491
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		131,726	128,202
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		410,020	413,726
Financing Receivable, Excluding Accrued Interest, Revolving		181,710	185,222
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		3,283,037	3,002,936
Construction Real Estate Commercial [Domain]
Financing Receivable, Credit Quality Indicator [Line Items]
Recorded Investment		200,580	214,561
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		69,238	97,131
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		56,027	76,919
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		30,954	7,003
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		3,019	5,796
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		3,862	1,856
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		3,400	3,412
Financing Receivable, Excluding Accrued Interest, Revolving		34,080	22,444
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		200,580	214,561
Residential Real Estate Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Recorded Investment		532,921	533,802
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		77,746	139,687
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		125,968	166,108
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		146,415	68,718
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		59,592	45,016
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		36,009	26,678
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		71,704	71,924
Financing Receivable, Excluding Accrued Interest, Revolving		15,487	15,671
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		532,921	533,802
Residential Real Estate - Installment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Recorded Investment		4,251	5,642
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		78	0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	15
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		10	423
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		274	137
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		87	1,127
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		3,802	3,940
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		4,251	5,642
Construction Real Estate Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Recorded Investment		111,127	107,225
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		49,821	68,374
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		43,035	26,894
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		9,093	5,767
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		4,751	2,743
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		1,746	1,505
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		2,605	1,863
Financing Receivable, Excluding Accrued Interest, Revolving		76	79
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		111,127	107,225
Residential Real Estate - Mortgage [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Recorded Investment		1,057,204	1,033,658
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		168,168	230,299
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		217,090	217,648
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		198,248	114,862
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		94,034	69,598
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		57,615	60,513
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		322,049	340,738
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,057,204	1,033,658
Residential Real Estate - HELOC [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Recorded Investment		166,989	165,605
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0	489
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		312	40
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		69	121
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		112	95
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		117	131
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		3,274	4,451
Financing Receivable, Excluding Accrued Interest, Revolving		163,105	160,278
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		166,989	165,605
Commercial Real Estate [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Recorded Investment	[1]	1,790,801	1,801,792
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		272,367	381,151
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		382,042	454,564
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		394,048	298,136
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		237,121	175,364
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		133,271	125,882
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		357,369	350,359
Financing Receivable, Excluding Accrued Interest, Revolving		14,583	16,336
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,790,801	1,801,792
Finance Leases Portfolio Segment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Recorded Investment		19,871	20,532
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		7,082	6,903
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		4,366	6,538
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		4,555	3,144
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		1,759	2,257
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		1,222	767
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		887	923
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		19,871	20,532
PPP loans receivable [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Recorded Investment		5,715	74,420
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0	69,588
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		3,162	4,832
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		2,553	0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		5,715	74,420
Check loans
Financing Receivable, Credit Quality Indicator [Line Items]
Recorded Investment		2,144	2,093
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Revolving		2,144	2,093
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		2,144	2,093
GFSC loans
Financing Receivable, Credit Quality Indicator [Line Items]
Recorded Investment		452	1,793
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	252
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		81	1,059
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		230	297
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		70	72
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		10	5
Financing Receivable, Excluding Accrued Interest, Revolving		61	108
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		452	1,793
Bank Overdrafts
Financing Receivable, Credit Quality Indicator [Line Items]
Recorded Investment		1,957	1,127
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		1,957	1,127
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,957	1,127
Consumer [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Recorded Investment		1,941,509	1,689,679
Commercial Financial Agricultural less PPP and Overdrafts
Financing Receivable, Credit Quality Indicator [Line Items]
Recorded Investment		1,270,321	1,223,079
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		147,439
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		223,043
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		169,885
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		69,461
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		38,445
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		70,630
Financing Receivable, Excluding Accrued Interest, Revolving		551,418
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,270,321
Consumer less GFSC and Check Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Recorded Investment		1,938,913	1,685,793
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		731,439	649,879
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		501,527	506,061
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		367,141	259,985
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		172,111	119,621
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		72,091	64,854
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		78,280	62,729
Financing Receivable, Excluding Accrued Interest, Revolving		16,324	22,664
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,938,913	1,685,793
5 Rated [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		1,124	2,889
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		2,404	8,793
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		6,737	33,684
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		8,132	10,250
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		13,868	4,595
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		23,759	18,326
Financing Receivable, Excluding Accrued Interest, Revolving		27,524	13,117
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		83,548	91,654
5 Rated [Member] | Construction Real Estate Commercial [Domain]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0	202
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		236	0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0	691
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		236	893
5 Rated [Member] | Residential Real Estate Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0	95
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		93	884
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		1,491	106
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		698	79
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		1,356	497
Financing Receivable, Excluding Accrued Interest, Revolving		146	135
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		3,784	1,796
5 Rated [Member] | Commercial Real Estate [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		397	786
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		757	6,206
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		3,934	32,965
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		6,821	9,354
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		13,830	4,297
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		22,311	17,829
Financing Receivable, Excluding Accrued Interest, Revolving		0	996
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		48,050	72,433
5 Rated [Member] | Finance Leases Portfolio Segment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		105	198
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	111
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		0	184
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0	67
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0	21
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		105	581
5 Rated [Member] | PPP loans receivable [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		0	0
5 Rated [Member] | Commercial Financial Agricultural less PPP and Overdrafts
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		622
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		1,554
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		1,076
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		613
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		38
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		92
Financing Receivable, Excluding Accrued Interest, Revolving		27,378
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		31,373
6 Rated [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		919	4,738
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		1,908	4,256
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		4,393	2,477
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		1,811	13,046
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		6,667	6,630
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		15,146	23,430
Financing Receivable, Excluding Accrued Interest, Revolving		819	963
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		31,663	55,540
6 Rated [Member] | Construction Real Estate Commercial [Domain]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		132	52
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		307	0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0	264
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		668	0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,107	316
6 Rated [Member] | Residential Real Estate Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		195	735
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		464	22
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		321	691
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		32	41
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		309	95
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		679	993
Financing Receivable, Excluding Accrued Interest, Revolving		0	29
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		2,000	2,606
6 Rated [Member] | Commercial Real Estate [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		413	3,897
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		1,292	2,578
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		1,043	1,385
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		1,549	11,373
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		4,293	5,967
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		6,596	14,541
Financing Receivable, Excluding Accrued Interest, Revolving		150	450
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		15,336	40,191
6 Rated [Member] | Finance Leases Portfolio Segment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		34	0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	698
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		533	0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		122	23
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		13	19
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		33	78
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		735	818
6 Rated [Member] | PPP loans receivable [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		0	0
6 Rated [Member] | Commercial Financial Agricultural less PPP and Overdrafts
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		277
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		20
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		2,189
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		108
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		1,384
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		7,838
Financing Receivable, Excluding Accrued Interest, Revolving		669
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		12,485
Impaired [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		74	56
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		91	30
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		33	797
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		207	243
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		3,065	532
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		882	743
Financing Receivable, Excluding Accrued Interest, Revolving		205	488
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		4,557	2,889
Impaired [Member] | Construction Real Estate Commercial [Domain]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		0	0
Impaired [Member] | Residential Real Estate Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0	56
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		0	56
Impaired [Member] | Commercial Real Estate [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		2,966	47
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		608	618
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		3,574	665
Impaired [Member] | Finance Leases Portfolio Segment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		74	0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		91	0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		26	332
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		108	16
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0	22
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		1	0
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		300	370
Impaired [Member] | PPP loans receivable [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		0	0
Impaired [Member] | Commercial Financial Agricultural less PPP and Overdrafts
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		7
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		99
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		99
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		273
Financing Receivable, Excluding Accrued Interest, Revolving		205
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		683
Pass Rated [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		571,755	955,507
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		790,205	906,488
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		737,247	442,074
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		360,802	259,230
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		189,209	181,243
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		464,203	451,971
Financing Receivable, Excluding Accrued Interest, Revolving		587,020	521,590
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		3,700,441	3,718,103
Pass Rated [Member] | Construction Real Estate Commercial [Domain]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		69,238	96,929
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		55,895	76,867
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		30,411	7,003
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		3,019	4,841
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		3,194	1,856
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		3,400	3,412
Financing Receivable, Excluding Accrued Interest, Revolving		34,080	22,444
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		199,237	213,352
Pass Rated [Member] | Residential Real Estate Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		77,551	138,801
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		125,411	165,202
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		144,603	67,921
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		58,862	44,896
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		35,700	26,583
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		69,669	70,434
Financing Receivable, Excluding Accrued Interest, Revolving		15,341	15,507
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		527,137	529,344
Pass Rated [Member] | Commercial Real Estate [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		271,557	376,468
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		379,993	445,780
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		389,071	263,786
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		228,751	154,637
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		112,182	115,571
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		327,854	317,371
Financing Receivable, Excluding Accrued Interest, Revolving		14,433	14,890
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,723,841	1,688,503
Pass Rated [Member] | Finance Leases Portfolio Segment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		6,869	6,705
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		4,275	5,729
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		3,996	2,628
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		1,529	2,151
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		1,209	705
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		853	845
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		18,731	18,763
Pass Rated [Member] | PPP loans receivable [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0	69,588
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		3,162	4,832
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		2,553	0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		5,715	74,420
Pass Rated [Member] | Commercial Financial Agricultural less PPP and Overdrafts
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		146,540
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		221,469
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		166,613
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		68,641
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		36,924
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		62,427
Financing Receivable, Excluding Accrued Interest, Revolving		523,166
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,225,780
Nonperforming Financial Instruments [Member] | Consumer [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		109	330
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		318	1,840
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		759	1,675
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		920	1,291
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		797	906
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		18,347	20,954
Financing Receivable, Excluding Accrued Interest, Revolving		168	326
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		21,418	27,322
Nonperforming Financial Instruments [Member] | Residential Real Estate - Installment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	12
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		8	5
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		3	26
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		19	78
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		1,050	1,469
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,080	1,590
Nonperforming Financial Instruments [Member] | Construction Real Estate Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	647
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		0	57
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		14	21
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		14	725
Nonperforming Financial Instruments [Member] | Residential Real Estate - Mortgage [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	626
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		357	785
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		564	824
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		578	574
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		15,571	17,060
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		17,070	19,869
Nonperforming Financial Instruments [Member] | Residential Real Estate - HELOC [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0	89
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	40
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		45	0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0	37
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0	90
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		1,156	1,811
Financing Receivable, Excluding Accrued Interest, Revolving		168	326
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,369	2,393
Nonperforming Financial Instruments [Member] | Check loans
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		0	0
Nonperforming Financial Instruments [Member] | GFSC loans
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	9
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		0	73
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		17	5
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0	9
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		3	0
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		20	96
Nonperforming Financial Instruments [Member] | Bank Overdrafts
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		0	0
Nonperforming Financial Instruments [Member] | Consumer less GFSC and Check Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		109	241
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		318	506
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		349	755
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		336	399
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		200	155
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		553	593
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,865	2,649
Performing Financial Instruments [Member] | Consumer [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		951,354	949,838
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		761,646	749,070
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		573,883	380,542
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		270,592	191,200
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		130,929	127,296
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		391,673	392,772
Financing Receivable, Excluding Accrued Interest, Revolving		181,542	184,896
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		3,261,619	2,975,614
Performing Financial Instruments [Member] | Residential Real Estate - Installment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		78	0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	3
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		2	418
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		271	111
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		68	1,049
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		2,752	2,471
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		3,171	4,052
Performing Financial Instruments [Member] | Construction Real Estate Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		49,821	68,374
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		43,035	26,247
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		9,093	5,710
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		4,751	2,743
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		1,746	1,505
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		2,591	1,842
Financing Receivable, Excluding Accrued Interest, Revolving		76	79
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		111,113	106,500
Performing Financial Instruments [Member] | Residential Real Estate - Mortgage [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		168,168	230,299
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		217,090	217,022
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		197,891	114,077
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		93,470	68,774
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		57,037	59,939
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		306,478	323,678
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,040,134	1,013,789
Performing Financial Instruments [Member] | Residential Real Estate - HELOC [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0	400
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		312	0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		24	121
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		112	58
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		117	41
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		2,118	2,640
Financing Receivable, Excluding Accrued Interest, Revolving		162,937	159,952
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		165,620	163,212
Performing Financial Instruments [Member] | Check loans
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Revolving		2,144	2,093
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		2,144	2,093
Performing Financial Instruments [Member] | GFSC loans
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	243
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		81	986
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		213	292
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		70	63
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		7	5
Financing Receivable, Excluding Accrued Interest, Revolving		61	108
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		432	1,697
Performing Financial Instruments [Member] | Bank Overdrafts
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		1,957	1,127
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		0	0
Financing Receivable, Excluding Accrued Interest, Revolving		0	0
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		1,957	1,127
Performing Financial Instruments [Member] | Consumer less GFSC and Check Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year		731,330	649,638
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year		501,209	505,555
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year		366,792	259,230
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year		171,775	119,222
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year		71,891	64,699
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year		77,727	62,136
Financing Receivable, Excluding Accrued Interest, Revolving		16,324	22,664
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss		$ 1,937,048	$ 1,683,144

[1] Included within each of commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that were not broken out by class.

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Loans (TDR Number Of Contracts Modified And Recorded Investment) (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022 USD ($) contracts	Sep. 30, 2021 USD ($) contracts	Sep. 30, 2022 USD ($) contracts	Sep. 30, 2021 USD ($) contracts
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	43	45	109	158
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	$ 1,906	$ 6,980	$ 3,878	$ 11,410
Loan Modifications on Nonacrrual status	$ 200	$ 4,500	$ 700	$ 6,100
Number of Contracts | contracts	18	21	27	26
Recorded Investment	$ 328	$ 551	$ 478	$ 1,002
Construction Real Estate Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	0	0	0
Residential Real Estate Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	1	2	2	5
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	$ 146	$ 221	$ 250	$ 624
Number of Contracts | contracts	1	0	1	0
Recorded Investment	$ 103		$ 103
Residential Real Estate - Mortgage [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	3	3	11	13
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	$ 665	$ 102	$ 1,092	$ 525
Number of Contracts | contracts	2	4	2	6
Recorded Investment	$ 110	$ 330	$ 110	$ 396
Residential Real Estate Installment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	2	1	9	7
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	$ 29	$ 55	$ 86	$ 120
Residential Real Estate Home Equity Line Of Credit [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	1	1	3	5
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	$ 10	$ 33	$ 29	$ 186
Number of Contracts | contracts	2	1	4	1
Recorded Investment	$ 9	$ 95	$ 64	$ 95
Construction Real Estate Commercial [Domain]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	0	0	1
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification				$ 98
Number of Contracts | contracts	0	0	0	0
PPP loans receivable [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	0	0	0
Number of Contracts | contracts	0	0	0	0
Bank Overdrafts
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	0	0	0
Number of Contracts | contracts	0	0	0	0
GFSC loans
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	0	0	0
Number of Contracts | contracts	0	0	0	0
Check loans
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	0	0	0
Number of Contracts | contracts	0	0	0	0
Finance Leases Portfolio Segment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	10	0	10	1
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	$ 115		$ 115	$ 351
Commercial Financial Agricultural less PPP and Overdrafts
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	4	5	6	9
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	$ 738	$ 1,251	$ 738	$ 1,282
Number of Contracts | contracts	1	0	2	0
Recorded Investment	$ 3		$ 57
Construction Real Estate - Mortgage [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	0	0	0
Recorded Investment	$ 0	$ 0	$ 0	$ 0
Commercial Real Estate [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	1	5	6	13
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	$ 31	$ 5,053	$ 1,240	$ 7,708
Number of Contracts | contracts	0	0	0	0
Residential Real Estate Installment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	1	0	2
Recorded Investment	$ 0	$ 4	$ 0	$ 32
Consumer less GFSC and Check Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	21	28	62	104
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	$ 172	$ 265	$ 328	$ 516
Accruing [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	952	582	2,394	2,606
Accruing [Member] | Construction Real Estate Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	0	0	0	0
Accruing [Member] | Residential Real Estate Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	146	96	146	96
Accruing [Member] | Residential Real Estate - Mortgage [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	545	0	870	148
Accruing [Member] | Residential Real Estate Installment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification		55	48	93
Accruing [Member] | Residential Real Estate Home Equity Line Of Credit [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	0	33	0	80
Accruing [Member] | Construction Real Estate Commercial [Domain]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification				98
Accruing [Member] | Commercial Financial Agricultural less PPP and Overdrafts
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	227	383	227	383
Accruing [Member] | Commercial Real Estate [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	31		1,090	1,571
Accruing [Member] | Consumer less GFSC and Check Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	3	15	13	137
Nonaccrual [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	954	6,398	1,484	8,804
Nonaccrual [Member] | Residential Real Estate Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification		125	104	528
Nonaccrual [Member] | Residential Real Estate - Mortgage [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	120	102	222	377
Nonaccrual [Member] | Residential Real Estate Installment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	29		38	27
Nonaccrual [Member] | Residential Real Estate Home Equity Line Of Credit [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	10	0	29	106
Nonaccrual [Member] | Finance Leases Portfolio Segment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	115		115	351
Nonaccrual [Member] | Commercial Financial Agricultural less PPP and Overdrafts
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	511	868	511	899
Nonaccrual [Member] | Commercial Real Estate [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification		5,053	150	6,137
Nonaccrual [Member] | Consumer less GFSC and Check Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	$ 169	$ 250	$ 315	$ 379

XML

Loans (Recorded Investment In Financing Receivable Modified As TDR Within 12 Months) (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2022 USD ($) contracts	Sep. 30, 2021 USD ($) contracts	Sep. 30, 2022 USD ($) contracts	Sep. 30, 2021 USD ($) contracts
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	18	21	27	26
Recorded Investment	$ 328,000	$ 551,000	$ 478,000	$ 1,002,000
Financing Receivable, Modifications, Subsequent Default, Recorded Investment, During Period	$ 300,000	$ 600,000	$ 500,000	$ 1,000,000
Financing Receivable, Modifications, Number of Contracts | contracts	43	45	109	158
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	$ 1,906,000	$ 6,980,000	$ 3,878,000	$ 11,410,000
Commercial Financial Agricultural less PPP and Overdrafts
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	1	0	2	0
Recorded Investment	$ 3,000		$ 57,000
Financing Receivable, Modifications, Number of Contracts | contracts	4	5	6	9
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	$ 738,000	$ 1,251,000	$ 738,000	$ 1,282,000
PPP loans receivable [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	0	0	0
Financing Receivable, Modifications, Number of Contracts | contracts	0	0	0	0
Bank Overdrafts
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	0	0	0
Financing Receivable, Modifications, Number of Contracts | contracts	0	0	0	0
Residential Real Estate Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	1	0	1	0
Recorded Investment	$ 103,000		$ 103,000
Financing Receivable, Modifications, Number of Contracts | contracts	1	2	2	5
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	$ 146,000	$ 221,000	$ 250,000	$ 624,000
Residential Real Estate - Mortgage [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	2	4	2	6
Recorded Investment	$ 110,000	$ 330,000	$ 110,000	$ 396,000
Financing Receivable, Modifications, Number of Contracts | contracts	3	3	11	13
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	$ 665,000	$ 102,000	$ 1,092,000	$ 525,000
Residential Real Estate - HELOC [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	2	1	4	1
Recorded Investment	$ 9,000	$ 95,000	$ 64,000	$ 95,000
Financing Receivable, Modifications, Number of Contracts | contracts	1	1	3	5
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	$ 10,000	$ 33,000	$ 29,000	$ 186,000
Residential Real Estate - Installment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Modifications, Number of Contracts | contracts	2	1	9	7
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	$ 29,000	$ 55,000	$ 86,000	$ 120,000
Construction Real Estate Commercial [Domain]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	0	0	0
Financing Receivable, Modifications, Number of Contracts | contracts	0	0	0	1
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification				$ 98,000
Construction Real Estate Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Modifications, Number of Contracts | contracts	0	0	0	0
GFSC loans
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	0	0	0
Financing Receivable, Modifications, Number of Contracts | contracts	0	0	0	0
Check loans
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	0	0	0
Financing Receivable, Modifications, Number of Contracts | contracts	0	0	0	0
Consumer less GFSC and Check Loans
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	12	15	18	16
Recorded Investment	$ 103,000	$ 122,000	$ 144,000	$ 128,000
Finance Leases Portfolio Segment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Modifications, Number of Contracts | contracts	10	0	10	1
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	$ 115,000		$ 115,000	$ 351,000
Commercial Real Estate [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	0	0	0
Financing Receivable, Modifications, Number of Contracts | contracts	1	5	6	13
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	$ 31,000	$ 5,053,000	$ 1,240,000	$ 7,708,000
Residential Real Estate - Installment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	1	0	2
Recorded Investment	$ 0	$ 4,000	$ 0	$ 32,000
Finance Leases Portfolio Segment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Number of Contracts | contracts	0	0	0	1
Recorded Investment	$ 0	$ 0	$ 0	$ 351,000
Accruing Financing Receivable Modifications [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Loans modified during period	6,000	29,000	10,000	29,000
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	952,000	582,000	2,394,000	2,606,000
Accruing Financing Receivable Modifications [Member] | Commercial Financial Agricultural less PPP and Overdrafts
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	227,000	383,000	227,000	383,000
Accruing Financing Receivable Modifications [Member] | Residential Real Estate Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	146,000	96,000	146,000	96,000
Accruing Financing Receivable Modifications [Member] | Residential Real Estate - Mortgage [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	545,000	0	870,000	148,000
Accruing Financing Receivable Modifications [Member] | Residential Real Estate - HELOC [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	0	33,000	0	80,000
Accruing Financing Receivable Modifications [Member] | Residential Real Estate - Installment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification		55,000	48,000	93,000
Accruing Financing Receivable Modifications [Member] | Construction Real Estate Commercial [Domain]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification				98,000
Accruing Financing Receivable Modifications [Member] | Construction Real Estate Retail
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	0	0	0	0
Accruing Financing Receivable Modifications [Member] | Commercial Real Estate [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	31,000		1,090,000	1,571,000
Nonaccruing Financing Receivable Modifications [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Loans modified during period	300,000	500,000	500,000	1,000,000
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	954,000	6,398,000	1,484,000	8,804,000
Nonaccruing Financing Receivable Modifications [Member] | Commercial Financial Agricultural less PPP and Overdrafts
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	511,000	868,000	511,000	899,000
Nonaccruing Financing Receivable Modifications [Member] | Residential Real Estate Commercial [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification		125,000	104,000	528,000
Nonaccruing Financing Receivable Modifications [Member] | Residential Real Estate - Mortgage [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	120,000	102,000	222,000	377,000
Nonaccruing Financing Receivable Modifications [Member] | Residential Real Estate - HELOC [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	10,000	0	29,000	106,000
Nonaccruing Financing Receivable Modifications [Member] | Residential Real Estate - Installment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	29,000		38,000	27,000
Nonaccruing Financing Receivable Modifications [Member] | Finance Leases Portfolio Segment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification	$ 115,000		115,000	351,000
Nonaccruing Financing Receivable Modifications [Member] | Commercial Real Estate [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, Troubled Debt Restructuring, Increase (Decrease) from Modification		$ 5,053,000	$ 150,000	$ 6,137,000

XML

Allowance For Credit Losses (Activity In The Allowance For Loan Losses) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	$ 81,448	$ 83,577	$ 83,197	$ 85,675
Financing Receivable, Allowance for Credit Loss, Writeoff	1,748	1,002	5,497	3,773
Financing Receivable, Allowance for Credit Loss, Recovery	1,071	3,582	4,685	7,060
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery, Total	677	(2,580)	812	(3,287)
Provision for Loan, Lease, and Other Losses	3,190	1,972	1,576	(6,923)
Ending balance	83,961	88,129	83,961	88,129
Cumulative Effect, Period of Adoption, Adjustment
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance				6,090
Commercial Financial And Agricultural [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	12,747	15,222	14,025	25,608
Financing Receivable, Allowance for Credit Loss, Writeoff	543	221	1,456	675
Financing Receivable, Allowance for Credit Loss, Recovery	110	132	544	487
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery, Total	433	89	912	188
Provision for Loan, Lease, and Other Losses	563	843	(236)	(1,187)
Ending balance	12,877	15,976	12,877	15,976
Commercial Financial And Agricultural [Member] | Cumulative Effect, Period of Adoption, Adjustment
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance				(8,257)
Commercial Real Estate [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	22,339	22,749	25,466	23,480
Financing Receivable, Allowance for Credit Loss, Writeoff	0	0	598	0
Financing Receivable, Allowance for Credit Loss, Recovery	36	428	624	724
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery, Total	(36)	(428)	(26)	(724)
Provision for Loan, Lease, and Other Losses	(1,653)	2,991	(4,770)	(155)
Ending balance	20,722	26,168	20,722	26,168
Commercial Real Estate [Member] | Cumulative Effect, Period of Adoption, Adjustment
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance				2,119
Construction Real Estate [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	4,391	5,670	5,758	7,288
Financing Receivable, Allowance for Credit Loss, Writeoff	0	0	33	0
Financing Receivable, Allowance for Credit Loss, Recovery	20	1,597	550	2,078
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery, Total	(20)	(1,597)	(517)	(2,078)
Provision for Loan, Lease, and Other Losses	87	(1,003)	(1,777)	(1,204)
Ending balance	4,498	6,264	4,498	6,264
Construction Real Estate [Member] | Cumulative Effect, Period of Adoption, Adjustment
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance				(1,898)
Residential Real Estate [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	13,619	13,113	11,424	11,363
Financing Receivable, Allowance for Credit Loss, Writeoff	0	0	81	37
Financing Receivable, Allowance for Credit Loss, Recovery	20	729	106	859
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery, Total	(20)	(729)	(25)	(822)
Provision for Loan, Lease, and Other Losses	1,464	(2,080)	3,654	(3,544)
Ending balance	15,103	11,762	15,103	11,762
Residential Real Estate [Member] | Cumulative Effect, Period of Adoption, Adjustment
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance				3,121
Consumer [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	28,149	26,261	26,286	17,418
Financing Receivable, Allowance for Credit Loss, Writeoff	1,169	781	3,287	3,061
Financing Receivable, Allowance for Credit Loss, Recovery	884	696	2,859	2,912
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery, Total	285	85	428	149
Provision for Loan, Lease, and Other Losses	2,699	1,483	4,705	(535)
Ending balance	30,563	27,659	30,563	27,659
Consumer [Member] | Cumulative Effect, Period of Adoption, Adjustment
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance				10,925
Finance Leases Portfolio Segment [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	203	562	238	518
Financing Receivable, Allowance for Credit Loss, Writeoff	36	0	42	0
Financing Receivable, Allowance for Credit Loss, Recovery	1	0	2	0
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery, Total	35	0	40	0
Provision for Loan, Lease, and Other Losses	30	(262)	0	(298)
Ending balance	$ 198	$ 300	$ 198	300
Finance Leases Portfolio Segment [Member] | Cumulative Effect, Period of Adoption, Adjustment
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance				$ 80

XML

Allowance For Credit Losses (Composition Of The Allowance For Loan Losses) (Details) - USD ($)		Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for loan losses individually evaluated for impairment		$ 1,750,000		$ 1,616,000
Allowance for loan losses collectively evaluated for impairment		82,211,000		81,581,000
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Carrying Amount, Net		0		0
Total ending allowance balance		83,961,000	$ 81,448,000	83,197,000	$ 88,129,000	$ 83,577,000	$ 85,675,000
Loans individually evaluated for impairment		43,670,000		74,502,000
Loans collectively evaluated for impairment		7,054,709,000		6,789,471,000
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Outstanding Balance		4,867,000		7,149,000
Total ending loan balance, net of accrued interest receivable		$ 7,103,246,000		$ 6,871,122,000
Allowance for loan losses as a percentage of loan balance individually evaluated for impairment		4.01%		2.17%
Allowance for loan losses as a percentage of loan balance collectively evaluated for impairment		1.17%		1.20%
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Allowance as a percentage of loan balance		0.00%		0.00%
Total ending allowance for loan losses balance as a percentage of loan balance		1.18%		1.21%
Commercial Financial And Agricultural [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for loan losses individually evaluated for impairment		$ 579,000		$ 1,385,000
Allowance for loan losses collectively evaluated for impairment		12,298,000		12,640,000
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Carrying Amount, Net		0		0
Total ending allowance balance		12,877,000	12,747,000	14,025,000	15,976,000	15,222,000	25,608,000
Loans individually evaluated for impairment		12,138,000		22,666,000
Loans collectively evaluated for impairment		1,265,734,000		1,275,783,000
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Outstanding Balance		121,000		177,000
Total ending loan balance, net of accrued interest receivable		$ 1,277,993,000		$ 1,298,626,000
Allowance for loan losses as a percentage of loan balance individually evaluated for impairment		4.77%		6.11%
Allowance for loan losses as a percentage of loan balance collectively evaluated for impairment		0.97%		0.99%
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Allowance as a percentage of loan balance		0.00%		0.00%
Total ending allowance for loan losses balance as a percentage of loan balance		1.01%		1.08%
Commercial Real Estate [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for loan losses individually evaluated for impairment		$ 1,153,000		$ 188,000
Allowance for loan losses collectively evaluated for impairment		19,569,000		25,278,000
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Carrying Amount, Net		0		0
Total ending allowance balance		20,722,000	22,339,000	25,466,000	26,168,000	22,749,000	23,480,000
Loans individually evaluated for impairment		27,904,000		47,820,000
Loans collectively evaluated for impairment		1,759,335,000		1,748,854,000
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Outstanding Balance		3,562,000		5,118,000
Total ending loan balance, net of accrued interest receivable	[1]	$ 1,790,801,000		$ 1,801,792,000
Allowance for loan losses as a percentage of loan balance individually evaluated for impairment		4.13%		0.39%
Allowance for loan losses as a percentage of loan balance collectively evaluated for impairment		1.11%		1.45%
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Allowance as a percentage of loan balance		0.00%		0.00%
Total ending allowance for loan losses balance as a percentage of loan balance		1.16%		1.41%
Construction Real Estate [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for loan losses individually evaluated for impairment		$ 0		$ 0
Allowance for loan losses collectively evaluated for impairment		4,498,000		5,758,000
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Carrying Amount, Net		0		0
Total ending allowance balance		4,498,000	4,391,000	5,758,000	6,264,000	5,670,000	7,288,000
Loans individually evaluated for impairment		439,000		222,000
Loans collectively evaluated for impairment		310,600,000		320,608,000
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Outstanding Balance		668,000		956,000
Total ending loan balance, net of accrued interest receivable		$ 311,707,000		$ 321,786,000
Allowance for loan losses as a percentage of loan balance individually evaluated for impairment		0.00%		0.00%
Allowance for loan losses as a percentage of loan balance collectively evaluated for impairment		1.45%		1.80%
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Allowance as a percentage of loan balance		0.00%		0.00%
Total ending allowance for loan losses balance as a percentage of loan balance		1.44%		1.79%
Residential Real Estate [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for loan losses individually evaluated for impairment		$ 0		$ 0
Allowance for loan losses collectively evaluated for impairment		15,103,000		11,424,000
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Carrying Amount, Net		0		0
Total ending allowance balance		15,103,000	13,619,000	11,424,000	11,762,000	13,113,000	11,363,000
Loans individually evaluated for impairment		2,154,000		2,606,000
Loans collectively evaluated for impairment		1,758,695,000		1,735,226,000
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Outstanding Balance		516,000		875,000
Total ending loan balance, net of accrued interest receivable		$ 1,761,365,000		$ 1,738,707,000
Allowance for loan losses as a percentage of loan balance individually evaluated for impairment		0.00%		0.00%
Allowance for loan losses as a percentage of loan balance collectively evaluated for impairment		0.86%		0.66%
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Allowance as a percentage of loan balance		0.00%		0.00%
Total ending allowance for loan losses balance as a percentage of loan balance		0.86%		0.66%
Consumer [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for loan losses individually evaluated for impairment		$ 0		$ 0
Allowance for loan losses collectively evaluated for impairment		30,563,000		26,286,000
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Carrying Amount, Net		0		0
Total ending allowance balance		30,563,000	28,149,000	26,286,000	27,659,000	26,261,000	17,418,000
Loans individually evaluated for impairment		0		0
Loans collectively evaluated for impairment		1,941,509,000		1,689,679,000
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Outstanding Balance		0		0
Total ending loan balance, net of accrued interest receivable		$ 1,941,509,000		$ 1,689,679,000
Allowance for loan losses as a percentage of loan balance individually evaluated for impairment		0.00%		0.00%
Allowance for loan losses as a percentage of loan balance collectively evaluated for impairment		1.57%		1.56%
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Allowance as a percentage of loan balance		0.00%		0.00%
Total ending allowance for loan losses balance as a percentage of loan balance		1.57%		1.56%
Finance Leases Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for loan losses individually evaluated for impairment		$ 18,000		$ 43,000
Allowance for loan losses collectively evaluated for impairment		180,000		195,000
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Carrying Amount, Net		0		0
Total ending allowance balance		198,000	$ 203,000	238,000	$ 300,000	$ 562,000	$ 518,000
Loans individually evaluated for impairment		1,035,000		1,188,000
Loans collectively evaluated for impairment		18,836,000		19,321,000
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Outstanding Balance		0		23,000
Total ending loan balance, net of accrued interest receivable		$ 19,871,000		$ 20,532,000
Allowance for loan losses as a percentage of loan balance individually evaluated for impairment		1.74%		3.62%
Allowance for loan losses as a percentage of loan balance collectively evaluated for impairment		0.96%		1.01%
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Allowance as a percentage of loan balance		0.00%		0.00%
Total ending allowance for loan losses balance as a percentage of loan balance		1.00%		1.16%

[1] Included within each of commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that were not broken out by class.

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Allowance For Credit Losses (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021	Jun. 30, 2022	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Financing Receivable, Allowance for Credit Loss [Line Items]
Loans collectively evaluated for impairment	$ 7,054,709	$ 6,789,471
Loan balance	7,103,246	6,871,122
Financing Receivable, Allowance for Credit Loss	83,961	83,197	$ 81,448	$ 88,129	$ 83,577	$ 85,675
Off-Balance Sheet, Credit Loss, Liability	4,451	4,282
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	1,036,172	1,110,759
PPP loans receivable [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Loan balance	5,715	74,420
Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable, Allowance for Credit Loss						6,090
Off-Balance Sheet, Credit Loss, Liability						3,900
Deferred Tax Liabilities, Net						(2,100)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest						$ (8,000)
7000 Hotels, Rooming Houses, Camps and Other Lodging Places
Financing Receivable, Allowance for Credit Loss [Line Items]
Loans collectively evaluated for impairment	182,806	148,018
Additional Reserve Pandemic Risk	687	2,226
Loan balance	218,000	203,900
7000 Hotels, Rooming Houses, Camps and Other Lodging Places | Financial Asset Originated
Financing Receivable, Allowance for Credit Loss [Line Items]
Additional Reserve Pandemic Risk	1,100	2,000
722110 Full-Service Restaurants
Financing Receivable, Allowance for Credit Loss [Line Items]
Loans collectively evaluated for impairment	49,500	40,648
Additional Reserve Pandemic Risk	279	917
5331 Retail, Variety Stores
Financing Receivable, Allowance for Credit Loss [Line Items]
Loans collectively evaluated for impairment	168,144	184,171
Additional Reserve Pandemic Risk	464	2,033
Hotels, Restaurants, Strip Shopping Total
Financing Receivable, Allowance for Credit Loss [Line Items]
Loans collectively evaluated for impairment	400,450	372,837
Additional Reserve Pandemic Risk	$ 1,430	$ 5,176

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Mortgage Loans Held For Sale (Details) - USD ($)	9 Months Ended		12 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021	Jun. 30, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gain (Loss) on Sale of Mortgage Loans	$ 26,000		$ 166,000
Mortgages Held-for-sale, Fair Value Disclosure	1,900,000		9,400,000
Financing Receivable, Held-for-Sale				$ 6,300,000
Financing Receivable, Sale	3,900,000
Gain on sale of loans in secondary market	495,000	$ 0
Transfer of Loans Held-for-sale to Portfolio Loans	2,400,000
Real Estate Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Receivable Held-for-sale, Net, Not Part of Disposal Group	$ 1,900,000		$ 9,200,000

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Goodwill and other intangibles (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 159,595,000	$ 159,595,000	$ 159,595,000	$ 159,595,000	$ 159,595,000	$ 159,595,000	$ 159,595,000	$ 159,595,000
Other Intangible Assets, Net	6,316,000	7,882,000	6,316,000	7,882,000	6,657,000	7,462,000	8,302,000	9,260,000
Amortization of Intangible Assets	341,000	420,000	1,146,000	1,378,000
Finite-lived Intangible Assets Acquired	14,456,000		14,456,000			14,456,000
Indefinite-lived Intangible Assets Acquired	1,300,000		1,300,000			1,300,000
Finite-Lived Intangible Assets, Accumulated Amortization	9,440,000		9,440,000			8,294,000
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months	341,000		341,000
Finite-Lived Intangible Assets, Amortization Expense, Year Two	1,323,000		1,323,000
Finite-Lived Intangible Assets, Amortization Expense, Year Three	1,215,000		1,215,000
Finite-Lived Intangible Assets, Amortization Expense, Year Four	1,042,000		1,042,000
Finite-Lived Intangible Assets, Amortization Expense, Year Five	887,000		887,000
Intangible Assets, Gross (Excluding Goodwill)	15,756,000		15,756,000			15,756,000
Intangible Assets, Net (Including Goodwill)	165,911,000	$ 167,477,000	165,911,000	$ 167,477,000	$ 166,252,000	167,057,000	$ 167,897,000	$ 168,855,000
Core Deposits [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	8,140,000		8,140,000			6,994,000
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	$ 1,300,000		$ 1,300,000			$ 1,300,000

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Investment in Qualified Affordable Housing (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Equity Method Investments and Joint Ventures [Abstract]
Investment in qualified affordable housing tax credits amortization	$ 2,000	$ 1,900	$ 5,940	$ 5,567
Affordable housing tax credit investments	62,771		62,771		$ 58,711
Affordable Housing Program Obligation	28,480		28,480		$ 28,484
Affordable Housing Tax Credits and Other Tax Benefits, Amount	$ 2,500	$ 1,900	$ 7,400	$ 7,200

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Other Real Estate Owned (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Schedule of Assets Repossessed or Foreclosed, or loans in process of foreclosure [Line Items]
Other Repossessed Assets	$ 352,000		$ 352,000		$ 3,300,000
Other Real Estate, Foreclosed Assets, and Repossessed Assets	1,354,000		1,354,000		775,000
Real Estate Owned, Valuation Allowance, Valuation Increase	12,009,000	$ 0	12,039,000	$ 13,000
Gains (Losses) on Sales of Other Real Estate	5,607,000	3,000	5,611,000	(26,000)
All Other [Member]
Schedule of Assets Repossessed or Foreclosed, or loans in process of foreclosure [Line Items]
Real Estate Owned, Valuation Allowance, Valuation Increase	12,009,000	0	12,009,000	0
Gains (Losses) on Sales of Other Real Estate	5,607,000	$ 0	5,607,000	$ 0
Residential Real Estate [Member]
Schedule of Assets Repossessed or Foreclosed, or loans in process of foreclosure [Line Items]
Other Real Estate, Foreclosed Assets, and Repossessed Assets	0		0		775,000
Mortgage Loans in Process of Foreclosure, Amount	1,567,000		1,567,000		1,148,000
Commercial Real Estate [Member]
Schedule of Assets Repossessed or Foreclosed, or loans in process of foreclosure [Line Items]
Other Real Estate, Foreclosed Assets, and Repossessed Assets	$ 1,354,000		$ 1,354,000		$ 0

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Loan Servicing (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Transfers and Servicing of Financial Assets [Abstract]
Serviced sold mortgage loans	$ 2,090,000,000.00	$ 2,120,000,000	$ 2,090,000,000.00	$ 2,120,000,000	$ 2,130,000,000
Serviced sold mortgage loans with recourse	3,300,000	3,500,000	3,300,000	3,500,000	3,300,000
Servicing fees included in other service income	1,400,000	$ 1,400,000	4,100,000	$ 4,000,000
Mortgage Loans Sold with Recourse, Reserve	$ 61,000		$ 61,000		$ 57,000

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Loan Servicing (Activity For MSRs And Related Valuation Allowance) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Servicing Asset at Amortized Value, Balance [Roll Forward]
Carrying amount, net, beginning of period	$ 16,470,000	$ 14,316,000	$ 15,264,000	$ 12,210,000
Additions	254,000	1,114,000	1,336,000	4,061,000
Amortization	(592,000)	(835,000)	(1,804,000)	(2,753,000)
Changes in valuation inputs & assumptions	59,000	(39,000)	1,395,000	1,038,000
Carrying amount, net, end of period	16,191,000	14,556,000	16,191,000	14,556,000
Valuation Allowance for Impairment of Recognized Servicing Assets [Roll Forward]
Valuation allowance, beginning of period	232,000	2,112,000	1,568,000	3,189,000
Changes in valuation allowance	(59,000)	39,000	(1,395,000)	(1,038,000)
Valuation allowance, end of period	$ 173,000	$ 2,151,000	$ 173,000	$ 2,151,000

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Leases - Narrative (Details) - USD ($) $ in Thousands	Oct. 01, 2022	Sep. 30, 2022	Dec. 31, 2021
Operating Lease, Right-of-Use Asset		$ 15,536	$ 13,446
Operating Lease, Liability		$ 16,414	$ 14,339
Operating Lease, Weighted Average Remaining Lease Term		8 years 8 months 12 days	6 years 9 months 18 days
Operating Lease, Weighted Average Discount Rate, Percent		2.70%	2.30%
Lessee, Operating Lease, Liability, Payments, Due		$ 18,799
Subsequent Event [Member]
Lessee, Operating Lease, Liability, Payments, Due	$ 3,500
Other Assets [Member]
Operating Lease, Right-of-Use Asset		15,500	$ 13,400
Other Liabilities [Member]
Operating Lease, Liability		$ 16,414	$ 14,300

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Leases - Cost and Other information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Lease, Cost [Abstract]
Operating Lease, Cost	$ 811	$ 705	$ 2,286	$ 2,124
Sublease Income	(63)	(63)	(189)	(189)
Lease, Cost	748	642	2,097	1,935
Operating Lease, Payments	766	777	2,307	2,329
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability	88	367	4,270	547
reductions to right of use assets resulting from reduction in lease obligations	$ (697)	$ (695)	$ (2,090)	$ (2,074)

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Leases - Operating Lease Liabilities Payments Due (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Liability, Payments, Due Next Twelve Months	$ 763
Lessee, Operating Lease, Liability, Payments, Due Year Two	3,306
Lessee, Operating Lease, Liability, Payments, Due Year Three	2,179
Lessee, Operating Lease, Liability, Payments, Due Year Four	1,860
Lessee, Operating Lease, Liability, Payments, Due Year Five	1,806
Lessee, Operating Lease, Liability, Payments, Due after Year Five	8,885
Lessee, Operating Lease, Liability, Payments, Due	18,799
Lessee, Operating Lease, Liability, Undiscounted Excess Amount	(2,385)
Operating Lease, Liability	16,414	$ 14,339
Other Liabilities [Member]
Lessee, Lease, Description [Line Items]
Operating Lease, Liability	$ 16,414	$ 14,300

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Repurchase Agreement Borrowings (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]
Transfers Accounted for as Secured Borrowings, Associated Liabilities, Carrying Amount	$ 189,493	$ 213,786
Available unpledged securities	1,164,000	1,225,000
Short-term borrowings	189,493	238,786
Securities Sold under Agreements to Repurchase
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]
Short-term borrowings	236,800	334,900
Maturity Overnight [Member]
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]
Transfers Accounted for as Secured Borrowings, Associated Liabilities, Carrying Amount	189,493	213,786
Maturity up to 30 days [Member]
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]
Transfers Accounted for as Secured Borrowings, Associated Liabilities, Carrying Amount	0	0
Maturity 30 to 90 Days [Member]
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]
Transfers Accounted for as Secured Borrowings, Associated Liabilities, Carrying Amount	0	0
Maturity over 90 days [Member]
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]
Transfers Accounted for as Secured Borrowings, Associated Liabilities, Carrying Amount	$ 0	$ 0

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Derivatives Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Derivative [Line Items]
Derivative Assets	$ 100,000		$ 100,000		$ 300,000
Interest Income on Interest-rate Swap	0	$ 157,000	171,000	$ 457,000
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax			66,000
Swap [Member]
Derivative [Line Items]
Derivative Liability	243,000		243,000		226,000
Borrowing Derivative [Member]
Derivative [Line Items]
Derivative, Notional Amount	0		0		25,000,000
Loan Derivative [Member]
Derivative [Line Items]
Derivative, Notional Amount	22,831,000		22,831,000		29,651,000
Interest Rate Lock Commitment [Member]
Derivative [Line Items]
Derivative, Notional Amount	$ 5,400,000		$ 5,400,000		$ 13,300,000

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Derivatives Schedule of Derivative Instruments (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Derivative [Line Items]
Unrealized Gain (Loss) on Cash Flow Hedging Instruments	$ 0	$ 262,000
Loan Derivative [Member]
Derivative [Line Items]
Derivative, Notional Amount	$ 22,831,000	$ 29,651,000
Derivative, Average Fixed Interest Rate	4.555%	4.668%
Derivative, Average Variable Interest Rate	4.555%	4.668%
Derivative, Average Remaining Maturity	8 years 1 month 6 days	8 years 2 months 12 days
Unrealized Gain (Loss) on Cash Flow Hedging Instruments	$ 0	$ 0
Borrowing Derivative [Member]
Derivative [Line Items]
Derivative, Notional Amount	$ 0	$ 25,000,000
Derivative, Average Fixed Interest Rate	0.00%	2.595%
Derivative, Average Variable Interest Rate	0.00%	0.124%
Derivative, Average Remaining Maturity	0 years	6 months
Unrealized Gain (Loss) on Cash Flow Hedging Instruments	$ 0	$ 262,000

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Derivatives Schedule of Cash Flow Hedges in Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Derivative [Line Items]
Unrealized Gain (Loss) on Interest Rate Cash Flow Hedges, Pretax, Accumulated Other Comprehensive Income (Loss)	$ 0	$ 117	$ 154	$ 355
Interest Rate Cash Flow Hedge Gain (Loss) Reclassified to Earnings, Net	0	0	0	0
Gain (Loss) on Cash Flow Hedge Ineffectiveness, Net	$ 0	$ 0	$ 52	$ 0

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Derivatives Schedule of Cash Flow Hedge, Statements of Financial Performance and Position, Location (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Derivative [Line Items]
Unrealized Gain (Loss) on Cash Flow Hedging Instruments	$ 0	$ (262,000)
Borrowing Derivative [Member]
Derivative [Line Items]
Unrealized Gain (Loss) on Cash Flow Hedging Instruments	0	(262,000)
Derivative, Notional Amount	0	25,000,000
Loan Derivative [Member]
Derivative [Line Items]
Unrealized Gain (Loss) on Cash Flow Hedging Instruments	0	0
Derivative, Notional Amount	22,831,000	29,651,000
Other Assets [Member] | Borrowing Derivative [Member]
Derivative [Line Items]
Unrealized Gain (Loss) on Cash Flow Hedging Instruments	0	0
Derivative, Notional Amount	0	0
Other Assets [Member] | Loan Derivative [Member]
Derivative [Line Items]
Unrealized Gain (Loss) on Cash Flow Hedging Instruments	0	1,952,000
Derivative, Notional Amount	0	29,651,000
Other Assets [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Unrealized Gain (Loss) on Cash Flow Hedging Instruments	1,622,000	1,952,000
Derivative, Notional Amount	22,831,000	29,651,000
Other Liabilities [Member] | Borrowing Derivative [Member]
Derivative [Line Items]
Unrealized Gain (Loss) on Cash Flow Hedging Instruments	0	(262,000)
Derivative, Notional Amount	0	25,000,000
Other Liabilities [Member] | Loan Derivative [Member]
Derivative [Line Items]
Unrealized Gain (Loss) on Cash Flow Hedging Instruments	(1,622,000)	0
Derivative, Notional Amount	22,831,000	0
Other Liabilities [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Unrealized Gain (Loss) on Cash Flow Hedging Instruments	(1,622,000)	(2,214,000)
Derivative, Notional Amount	22,831,000	54,651,000
Individually Immaterial Counterparties [Member] | Other Assets [Member] | Loan Derivative [Member]
Derivative [Line Items]
Unrealized Gain (Loss) on Cash Flow Hedging Instruments	1,622,000	0
Derivative, Notional Amount	22,831,000	0
Individually Immaterial Counterparties [Member] | Other Liabilities [Member] | Loan Derivative [Member]
Derivative [Line Items]
Unrealized Gain (Loss) on Cash Flow Hedging Instruments	0	(1,952,000)
Derivative, Notional Amount	$ 0	$ 29,651,000

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Other Comprehensive Income (Loss) (Component Of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Comprehensive (Income) Loss, Defined Benefit Plan, before Reclassification Adjustment, after Tax	$ 0	$ 0	$ 0	$ 0
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, after Tax	0	117,000	154,000	355,000
Other Comprehensive Income (Loss), Securities, Available-for-sale, Adjustment, before Reclassification Adjustments, after Tax	(39,939,000)	(4,997,000)	(140,704,000)	(13,736,000)
Other comprehensive loss before reclassifications	(39,939,000)	(4,880,000)	(140,550,000)	(13,381,000)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, after Tax	0	0	52,000	0
Reclassification from AOCI, Current Period, Net of Tax, Attributable to Parent			52,000
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax	0	117,000	206,000	355,000
Other Comprehensive Income (Loss), Securities, Available-for-sale, Adjustment, after Tax	(39,939,000)	(4,997,000)	(140,704,000)	(13,736,000)
Other comprehensive income (loss)	(39,939,000)	(4,880,000)	(140,498,000)	(13,381,000)
Changes in pension plan assets and benefit obligations, Net-of-tax amount	(5,792,000)	(34,421,000)	(5,792,000)	(34,421,000)	$ 5,792,000	$ 5,792,000	$ 34,421,000	$ 34,421,000
AOCI, Cash Flow Hedge, Cumulative Gain (Loss), after Tax	0	(343,000)	0	(343,000)	0	(206,000)	(460,000)	(698,000)
Unrealized gains on available-for-sale securities, Net-of-tax amount	(119,551,000)	26,954,000	(119,551,000)	26,954,000	(79,612,000)	21,153,000	31,951,000	40,690,000
Total accumulated other comprehensive income (loss), Net-of-tax amount	$ (125,343,000)	$ (7,810,000)	(125,343,000)	$ (7,810,000)	$ (85,404,000)	$ 15,155,000	$ (2,930,000)	$ 5,571,000
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax			$ 66,000

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Earnings Per Common Share (Narrative) (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Treasury Stock, Shares, Acquired			0	137,659
Performance Shares [Member] | Common Stock [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period	0	0	52,335	61,890

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Earnings Per Common Share (Summary Of Computation Of Basic And Diluted Earnings Per Common Share) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Earnings Per Share [Abstract]
Income available to common shareholders	$ 42,068	$ 35,434	$ 115,267	$ 117,397
Denominator for basic earnings per share (weighted average common shares outstanding)	16,253,704	16,292,312	16,240,966	16,315,996
Effect of dilutive options and warrants	121,278	131,600	114,824	129,572
Denominator for diluted earnings per share (weighted average common shares outstanding adjusted for the effect of dilutive options and warrants)	16,374,982	16,423,912	16,355,790	16,445,568
Basic earnings per common share	$ 2.59	$ 2.17	$ 7.10	$ 7.20
Diluted earnings per common share	$ 2.57	$ 2.16	$ 7.05	$ 7.14

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Segment Information (Schedule Of Operating Results By Segment) (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($) segments	Sep. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Segment Reporting Information [Line Items]
Number of Operating Segments | segments			1
Net interest income	$ 90,828	$ 81,602	$ 252,453	$ 246,187
Provision for (recovery of) credit losses	3,190	1,972	1,576	(6,923)
Other income and security gains	46,694	32,411	109,543	97,738
Total other expense	82,903	68,489	220,324	207,754
Income (loss) before income taxes	51,429	43,552	140,096	143,094
Income Tax Expense (Benefit)	9,361	8,118	24,829	25,697
Net Income	42,068	35,434	115,267	117,397
Assets	9,855,047	10,034,018	9,855,047	10,034,018	$ 9,560,254
PNB [Member]
Segment Reporting Information [Line Items]
Net interest income	92,035	82,835	254,818	247,596
Provision for (recovery of) credit losses	3,235	4,276	2,045	(3,670)
Other income and security gains	28,918	31,332	89,420	95,258
Total other expense	79,070	64,663	209,500	195,361
Income (loss) before income taxes	38,648	45,228	132,693	151,163
Income Tax Expense (Benefit)	7,133	8,777	24,770	28,694
Net Income	31,515	36,451	107,923	122,469
Assets	9,816,644	10,012,868	9,816,644	10,012,868
All Other [Member]
Segment Reporting Information [Line Items]
Net interest income	(1,207)	(1,233)	(2,365)	(1,409)
Provision for (recovery of) credit losses	(45)	(2,304)	(469)	(3,253)
Other income and security gains	17,776	1,079	20,123	2,480
Total other expense	3,833	3,826	10,824	12,393
Income (loss) before income taxes	12,781	(1,676)	7,403	(8,069)
Income Tax Expense (Benefit)	2,228	(659)	59	(2,997)
Net Income	10,553	(1,017)	7,344	(5,072)
Assets	$ 38,403	$ 21,150	$ 38,403	$ 21,150

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Share Based Compensation (Details) - USD ($) $ in Thousands	3 Months Ended					9 Months Ended
	Sep. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	204,891					204,891		211,819
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	7,049		4,427			55,464	48,106
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period						(3,165)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Period Increase (Decrease)						(634)
Restricted Stock, Shares Issued Net of Shares for Tax Withholdings	4,490		3,079			34,247	29,677
Share-based Payment Arrangement, Expense	$ 1,400		$ 1,200			$ 4,800	$ 4,500
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	$ 10,243					$ 10,243
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	203,578					203,578
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Next 12 months	$ 1,392					$ 1,392
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Year 2	4,487					4,487
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Year 3	2,939					2,939
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Year 4	1,228					1,228
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Year 5	$ 197					$ 197
Stock issued during period, shares, withheld for tax, tax restricted stock	2,559	18,658	1,348	2,973	14,108	21,217	18,429
2017 Employees Long Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	750,000					750,000
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	397,665					397,665
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross						52,335
2017 Non Employee Directors LTIP [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	150,000					150,000
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	86,850					86,850
Performance Shares [Member] | 2017 Employees Long Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross						52,335	61,890

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Benefit Plan (Components Of Net Periodic Benefit Expense) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Defined Benefit Plan Disclosure [Line Items]
Pension plan contributions			$ 0	$ 0
Service cost	$ 2,437,000	$ 2,479,000	7,311,000	7,437,000
Interest cost	1,426,000	1,340,000	4,278,000	4,020,000
Defined Benefit Plan, Net Periodic Benefit Cost (Credit)	(590,000)	441,000	(1,770,000)	1,323,000
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Service cost	2,437,000	2,479,000	7,311,000	7,437,000
Interest cost	1,426,000	1,340,000	4,278,000	4,020,000
Expected return on plan assets	(4,449,000)	(3,933,000)	(13,347,000)	(11,799,000)
Recognized net actuarial loss	(4,000)	555,000	(12,000)	1,665,000
Benefit expense	(590,000)	441,000	(1,770,000)	1,323,000
Supplemental Employee Retirement Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	212,000	203,000	637,000	611,000
Interest cost	183,000	150,000	549,000	448,000
Defined Benefit Plan, Net Periodic Benefit Cost (Credit)	395,000	353,000	1,186,000	1,059,000
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Service cost	212,000	203,000	637,000	611,000
Interest cost	183,000	150,000	549,000	448,000
Benefit expense	$ 395,000	$ 353,000	$ 1,186,000	$ 1,059,000

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Fair Value (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2020
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans Receivable, Fair Value Disclosure	$ 6,917,206,000		$ 6,917,206,000		$ 6,794,671,000
expense related to other repossessed assets			0	$ 0
Alternative Investment	43,623,000		43,623,000		26,384,000
Loans Held-for-sale, Fair Value Disclosure	1,928,000		1,928,000		9,387,000
Impaired Financing Receivable, Carrying Value	41,920,000		$ 41,920,000		72,886,000
Discount percentage applied to real estate appraised values			15.00%
Discount percentage applied to lot development appraised values			6.00%
Partial Charge-Offs On Impaired Loans			$ 795,000		624,000
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	1,750,000		1,750,000		1,616,000
Impaired Loan Fair Value	4,889,000		4,889,000		1,103,000
Partial Charge-Offs On Impaired Loans carried at Fair Value			543,000		240,000
Book Value Of Impaired Loans Carried At Fair Value	6,042,000		6,042,000		1,291,000
Impaired Financing Receivable, carried at fair value, related expense	7,000	$ (83,000)	(1,000,000.0)	462,000
MSR recorded at lower of cost or fair value	16,191,000	14,556,000	16,191,000	14,556,000	15,264,000	$ 16,470,000	$ 14,316,000	$ 12,210,000
Mortgage Servicing Rights Fair Value	1,700,000		1,700,000		13,500,000
Valuation allowance of MSR	173,000	2,151,000	173,000	2,151,000	1,568,000	$ 232,000	$ 2,112,000	$ 3,189,000
MSRs recorded at cost	14,500,000		14,500,000		1,800,000
Changes due to fair value adjustments	(59,000)	39,000	(1,395,000)	(1,038,000)
Other Real Estate, Foreclosed Assets, and Repossessed Assets	1,354,000		1,354,000		775,000
OREO valuation adjustments	12,000,000	0	11,300,000	13,000
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Unfunded Commitments	20,000,000		20,000,000		8,400,000
Alternative Investment, income recognized	97,000	$ 512,000	2,600,000	$ 2,400,000
Fair Value Measured at Net Asset Value Per Share [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Alternative Investment	23,600,000		23,600,000		18,000,000
Fair Value, Inputs, Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans Receivable, Fair Value Disclosure	6,915,176,000		6,915,176,000		6,784,951,000
Impaired Loan Fair Value	4,889,000		4,889,000		1,103,000
Commercial Receivables, excluding Commercial, Financial, and Agricultural [Domain]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impaired Financing Receivable, Related Allowance	1,153,000		1,153,000		188,000
Financing Receivable, not collateral dependent [Domain]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impaired Financing Receivable, Related Allowance	597,000		597,000		1,428,000
Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans Receivable, Fair Value Disclosure	4,889,000		4,889,000		1,103,000
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans Receivable, Fair Value Disclosure	4,889,000		4,889,000		$ 1,103,000
Other Real Estate, Foreclosed Assets, and Repossessed Assets	$ 0		$ 0

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Fair Value (Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	$ 207,433,000	$ 219,180,000
Investments, Fair Value Disclosure	0	0
Mortgage loans held for sale	1,900,000	9,400,000
Mortgage IRLCs	100,000	300,000
Investment securities	1,742,123,000	1,754,140,000
Loans Held-for-sale, Fair Value Disclosure	1,928,000	9,387,000
Impaired Loan Fair Value	4,889,000	1,103,000
Other Assets, Fair Value Disclosure	6,910,287,000	6,783,848,000
Loans Receivable, Fair Value Disclosure	6,917,206,000	6,794,671,000
Time deposits	615,544,000	714,307,000
Other Liabilities, Fair Value Disclosure	5,280,000	1,465,000
Deposits, Fair Value Disclosure	620,824,000	715,772,000
Short Term Borrowings Fair Value	189,493,000	238,786,000
Subordinated Debt Obligations, Fair Value Disclosure	178,812,000	207,912,000
Unrealized Gain (Loss) on Cash Flow Hedging Instruments	0	262,000
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	207,433,000	219,180,000
Mortgage IRLCs	0	0
Other Liabilities, Fair Value Disclosure	5,280,000	1,465,000
Deposits, Fair Value Disclosure	5,280,000	1,465,000
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Mortgage IRLCs	102,000	333,000
Investment securities	1,742,123,000	1,754,140,000
Loans Held-for-sale, Fair Value Disclosure	1,928,000	9,387,000
Loans Receivable, Fair Value Disclosure	2,030,000	9,720,000
Time deposits	615,544,000	714,307,000
Deposits, Fair Value Disclosure	615,544,000	714,307,000
Short Term Borrowings Fair Value	189,493,000	238,786,000
Subordinated Debt Obligations, Fair Value Disclosure	178,812,000	207,912,000
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Mortgage IRLCs	0	0
Impaired Loan Fair Value	4,889,000	1,103,000
Other Assets, Fair Value Disclosure	6,910,287,000	6,783,848,000
Loans Receivable, Fair Value Disclosure	6,915,176,000	6,784,951,000
Fair Value, Recurring [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Mortgage loans held for sale	1,928,000	9,387,000
Mortgage IRLCs	102,000	333,000
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Mortgage loans held for sale	1,928,000	9,387,000
Mortgage IRLCs	102,000	333,000
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Recurring [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	393,918,000	389,591,000
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	393,918,000	389,591,000
U S Government Sponsored Entities Asset Backed Securities [Member] | Fair Value, Recurring [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	784,863,000	854,463,000
U S Government Sponsored Entities Asset Backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	784,863,000	854,463,000
Loans Receivable [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Swap	1,622,000	1,952,000
Loans Receivable [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Mortgage IRLCs	0	0
Loans Receivable [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Mortgage IRLCs	1,622,000	1,952,000
Swap	1,622,000	1,952,000
Loans Receivable [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Mortgage IRLCs	0	0
Loans Receivable [Member] | Fair Value, Recurring [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Mortgage IRLCs	1,622,000	1,952,000
Swap	1,622,000	1,952,000
Loans Receivable [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Mortgage IRLCs	1,622,000	1,952,000
Swap	1,622,000	1,952,000
Equity Securities [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investment securities	1,746,000	2,129,000
Equity Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investment securities	1,277,000	1,630,000
Equity Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investment securities	469,000	499,000
Equity Securities [Member] | Fair Value, Recurring [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	1,746,000	2,129,000
Equity Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	1,277,000	1,630,000
Equity Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	469,000	499,000
Swap [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Swap	243,000	226,000
Swap [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Unrealized Gain (Loss) on Cash Flow Hedging Instruments	0	262,000
Swap [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Swap	243,000	226,000
Swap [Member] | Fair Value, Recurring [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Swap	243,000	226,000
Swap [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Swap	243,000	226,000
Corporate Debt Securities
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	16,162,000	11,412,000
Corporate Debt Securities | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	16,162,000	11,412,000
Collateralized Loan Obligations | Fair Value, Recurring [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	509,058,000	498,674,000
Collateralized Loan Obligations | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	509,058,000	498,674,000
US Government Corporations and Agencies Securities | Fair Value, Recurring [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	38,122,000
US Government Corporations and Agencies Securities | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investments, Fair Value Disclosure	38,122,000
Reported Value Measurement [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	207,433,000	219,180,000
Mortgage IRLCs	102,000	333,000
Investment securities	1,742,123,000	1,754,140,000
Loans Held-for-sale, Fair Value Disclosure	1,928,000	9,387,000
Impaired Loan Fair Value	4,889,000	1,103,000
Other Assets, Fair Value Disclosure	7,012,366,000	6,777,102,000
Loans Receivable, Fair Value Disclosure	7,019,285,000	6,787,925,000
Time deposits	613,222,000	711,660,000
Other Liabilities, Fair Value Disclosure	5,280,000	1,465,000
Deposits, Fair Value Disclosure	618,502,000	713,125,000
Short Term Borrowings Fair Value	189,493,000	238,786,000
Subordinated Debt Obligations, Fair Value Disclosure	188,551,000	188,210,000
Reported Value Measurement [Member] | Loans Receivable [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Mortgage IRLCs	1,622,000	1,952,000
Swap	1,622,000	1,952,000
Reported Value Measurement [Member] | Equity Securities [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Investment securities	1,746,000	2,129,000
Reported Value Measurement [Member] | Swap [Member]
Fair Value, Assets And Liabilities Measured On Recurring Basis [Line Items]
Swap	$ 243,000	$ 226,000

XML

Fair Value (Reconciliation Of Level 3 Input For Financial Instruments Measured On Recurring Basis) (Details) - USD ($)
$ in Thousands

3 Months Ended

9 Months Ended

Sep. 30, 2022

Sep. 30, 2021

Sep. 30, 2022

Sep. 30, 2021

Jun. 30, 2022

Dec. 31, 2021

Jun. 30, 2021

Dec. 31, 2020

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]

Investments, Fair Value Disclosure

$ 0

$ 0

$ 0

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]

Included in other comprehensive income

(22)

$ 1

$ (30)

$ 6

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]

Reconciliation Of Level 3 Input For Financial Instruments Measured On Recurring Basis

The following tables present a reconciliation of the beginning and ending balances of the Level 3 inputs for the three-month and nine-month periods ended September 30, 2022 and 2021, for financial instruments measured on a recurring basis and classified as Level 3:

Level 3 Fair Value Measurements
Three months ended September 30, 2022 and 2021
(In thousands)	Equity securities		Fair value swap
Balance at July 1, 2022	$	491	$	(447)
Total losses
Included in other income / expense	(22)		—
Purchases, sales, issuances and settlements, other, net	—		204
Balance at September 30, 2022	$	469	$	(243)
Balance at July 1, 2021	$	490	$	(226)
Total gains
Included in other income	1		—
Balance at September 30, 2021	$	491	$	(226)

Level 3 Fair Value Measurements
Nine months ended September 30, 2022 and 2021
(In thousands)	Equity securities			Fair value swap
Balance at January 1, 2022	$	499		$	(226)
Total losses
Included in other income / expense	(30)			(221)
Purchases, sales, issuances and settlements, other, net	—			204
Balance at September 30, 2022	$	469		$	(243)
Balance at January 1, 2021	$	485		$	(226)
Total gains
Included in other income	6			—
Balance at September 30, 2021	$	491	491	$	(226)

Fair Value, Recurring [Member] | Equity Securities [Member]

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]

Investments, Fair Value Disclosure

1,746

$ 1,746

2,129

Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member] | Equity Securities [Member]

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]

Investments, Fair Value Disclosure

469

469

499

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]

Balance, beginning

469

491

469

491

$ 491

499

$ 490

$ 485

Balance, ending

469

491

469

491

491

499

490

485

Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member] | Swap [Member]

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]

Balance, beginning

(243)

(226)

(243)

(226)

(447)

(226)

(226)

(226)

Included in other comprehensive income

0

0

(221)

0

Balance, ending

(243)

$ (226)

(243)

$ (226)

$ (447)

$ (226)

$ (226)

$ (226)

Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings

$ 204

$ 204

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Fair Value Fair Value (Assets and liabilities measured at fair value on a nonrecurring basis) (Details) - USD ($)	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	$ 6,917,206,000		$ 6,794,671,000
Other Assets, Fair Value Disclosure	6,910,287,000		6,783,848,000
Other Repossessed Assets	352,000		3,300,000
Financing Receivable, Held-for-Sale		$ 6,300,000
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	2,030,000		9,720,000
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	6,915,176,000		6,784,951,000
Other Assets, Fair Value Disclosure	6,910,287,000		6,783,848,000
Fair Value, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	4,889,000		1,103,000
Servicing Asset at Fair Value, Amount	1,673,000		13,482,000
Other Assets, Fair Value Disclosure	0		775,000
Other Repossessed Assets	0		2,750,000
Fair Value, Nonrecurring [Member] | Residential Real Estate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	204,000		272,000
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing Asset at Fair Value, Amount	1,673,000		13,482,000
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	4,889,000		1,103,000
Other Assets, Fair Value Disclosure	0		775,000
Other Repossessed Assets	0		2,750,000
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | Residential Real Estate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	204,000		272,000
Commercial Real Estate Portfolio Segment [Member] | Fair Value, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	4,685,000		831,000
Commercial Real Estate Portfolio Segment [Member] | Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	4,685,000		831,000
Residential Real Estate [Member] | Fair Value, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Assets, Fair Value Disclosure	0		775,000
Residential Real Estate [Member] | Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Assets, Fair Value Disclosure	0		775,000
Reported Value Measurement [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Receivable, Fair Value Disclosure	7,019,285,000		6,787,925,000
Other Assets, Fair Value Disclosure	$ 7,012,366,000		$ 6,777,102,000

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Fair Value Qualitative information about Level 3 fair value measurements (Details) $ in Thousands	Sep. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired Loan Fair Value	$ 4,889	$ 1,103
Other Assets, Fair Value Disclosure	6,910,287	6,783,848
Loans Held-for-sale, Fair Value Disclosure	1,928	9,387
Fair Value, Inputs, Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired Loan Fair Value	4,889	1,103
Other Assets, Fair Value Disclosure	6,910,287	6,783,848
Fair Value, Nonrecurring [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other Assets, Fair Value Disclosure	0	775
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other Assets, Fair Value Disclosure	0	775
Fair Value, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired Loan Fair Value		831
Fair Value, Nonrecurring [Member] | Residential Real Estate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other Assets, Fair Value Disclosure	0	775
Fair Value, Nonrecurring [Member] | Residential Real Estate [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other Assets, Fair Value Disclosure	0	775
Fair Value, Nonrecurring [Member] | Residential Real Estate [Member] | Loans Receivable [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired Loan Fair Value		272
Fair Value, Nonrecurring [Member] | Residential Real Estate [Member] | Real Estate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other Assets, Fair Value Disclosure		775
Estimate of Fair Value Measurement [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired Loan Fair Value		$ 1,103
Estimate of Fair Value Measurement [Member] | Fair Value, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired Loan Fair Value	4,685
Estimate of Fair Value Measurement [Member] | Fair Value, Nonrecurring [Member] | Residential Real Estate [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired Loan Fair Value	$ 204
Measurement Input, Comparability Adjustment [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | Minimum [Member] | Valuation, Market Approach [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired Loans Receivable, Measurement Input	0.000	0.000
Measurement Input, Comparability Adjustment [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | Maximum [Member] | Valuation, Market Approach [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired Loans Receivable, Measurement Input	0.857	2.320
Measurement Input, Comparability Adjustment [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | Weighted Average [Member] | Valuation, Market Approach [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired Loans Receivable, Measurement Input	0.119	0.283
Measurement Input, Comparability Adjustment [Member] | Residential Real Estate [Member] | Loans Receivable [Member] | Minimum [Member] | Valuation, Market Approach [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired Loans Receivable, Measurement Input	0.019	0.005
Measurement Input, Comparability Adjustment [Member] | Residential Real Estate [Member] | Loans Receivable [Member] | Maximum [Member] | Valuation, Market Approach [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired Loans Receivable, Measurement Input	1.198	0.786
Measurement Input, Comparability Adjustment [Member] | Residential Real Estate [Member] | Loans Receivable [Member] | Weighted Average [Member] | Valuation, Market Approach [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired Loans Receivable, Measurement Input	0.174	0.116
Measurement Input, Comparability Adjustment [Member] | Residential Real Estate [Member] | Real Estate [Member] | Minimum [Member] | Valuation, Market Approach [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other Real Estate Owned, Measurement Input		0.050
Measurement Input, Comparability Adjustment [Member] | Residential Real Estate [Member] | Real Estate [Member] | Maximum [Member] | Valuation, Market Approach [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other Real Estate Owned, Measurement Input		0.325
Measurement Input, Comparability Adjustment [Member] | Residential Real Estate [Member] | Real Estate [Member] | Weighted Average [Member] | Valuation, Market Approach [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other Real Estate Owned, Measurement Input		0.191
Measurement Input, Appraised Value | Residential Real Estate [Member] | Loans Receivable [Member] | Minimum [Member] | Valuation, Cost Approach [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired Loans Receivable, Measurement Input	0.260	0.083
Measurement Input, Appraised Value | Residential Real Estate [Member] | Loans Receivable [Member] | Weighted Average [Member] | Valuation, Cost Approach [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired Loans Receivable, Measurement Input	0.260	0.083
Measurement Input, Cap Rate [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | Minimum [Member] | Valuation, Income Approach [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired Loans Receivable, Measurement Input	0.075
Measurement Input, Cap Rate [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | Maximum [Member] | Valuation, Income Approach [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired Loans Receivable, Measurement Input	0.083
Measurement Input, Cap Rate [Member] | Commercial Real Estate Portfolio Segment [Member] | Loans Receivable [Member] | Weighted Average [Member] | Valuation, Income Approach [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired Loans Receivable, Measurement Input	0.081

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Fair Value Fair Value (Impaired Financing Receivables Additional Information) (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Schedule of Impaired Financing Receivables Additional Information [Line Items]
Book Value Of Impaired Loans Carried At Fair Value	$ 6,042	$ 1,291
Partial Charge-Offs On Impaired Loans carried at Fair Value	543	240
impaired Financing Receivable, loans not held at Fair Value, Carrying Amount	37,031	71,783
Impaired Financing Receivable, Recorded Investment	43,670	74,502
Impaired Loan Fair Value	4,889	1,103
Impaired Financing Receivable, loans not held at Fair Value, Recorded Investment	37,628	73,211
Partial Charge-offs on Impaired Loans carried at Cost	252	384
Impaired Financing Receivable, Carrying Value	41,920	72,886
Partial Charge-Offs On Impaired Loans	795	624
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	1,750	1,616
Financing Receivable, not collateral dependent [Domain]
Schedule of Impaired Financing Receivables Additional Information [Line Items]
Impaired Financing Receivable, Related Allowance	597	1,428
Commercial Receivables, excluding Commercial, Financial, and Agricultural [Domain]
Schedule of Impaired Financing Receivables Additional Information [Line Items]
Impaired Financing Receivable, Related Allowance	$ 1,153	$ 188

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Fair Value (Fair Value Of Financial Instruments) (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and money market instruments	$ 207,433,000	$ 219,180,000
Investment securities	1,742,123,000	1,754,140,000
Loans Held-for-sale, Fair Value Disclosure	1,928,000	9,387,000
Derivative Assets	100,000	300,000
Impaired Loan Fair Value	4,889,000	1,103,000
Other loans	6,910,287,000	6,783,848,000
Loans receivable, net	6,917,206,000	6,794,671,000
Time deposits	615,544,000	714,307,000
Other	5,280,000	1,465,000
Total deposits	620,824,000	715,772,000
Short-term borrowings	189,493,000	238,786,000
Subordinated debentures/notes	178,812,000	207,912,000
Unrealized Gain (Loss) on Cash Flow Hedging Instruments	0	262,000
Estimate of Fair Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Assets	102,000	333,000
Impaired Loan Fair Value		1,103,000
Loans [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Swap	1,622,000	1,952,000
Loans [Member] | Estimate of Fair Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Assets	1,622,000	1,952,000
Equity Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities	1,746,000	2,129,000
Swap [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Swap	243,000	226,000
Fair Value, Inputs, Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and money market instruments	207,433,000	219,180,000
Derivative Assets	0	0
Other	5,280,000	1,465,000
Total deposits	5,280,000	1,465,000
Fair Value, Inputs, Level 1 [Member] | Loans [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Assets	0	0
Fair Value, Inputs, Level 1 [Member] | Equity Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities	1,277,000	1,630,000
Fair Value, Inputs, Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities	1,742,123,000	1,754,140,000
Loans Held-for-sale, Fair Value Disclosure	1,928,000	9,387,000
Derivative Assets	102,000	333,000
Loans receivable, net	2,030,000	9,720,000
Time deposits	615,544,000	714,307,000
Total deposits	615,544,000	714,307,000
Short-term borrowings	189,493,000	238,786,000
Subordinated debentures/notes	178,812,000	207,912,000
Fair Value, Inputs, Level 2 [Member] | Loans [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Assets	1,622,000	1,952,000
Swap	1,622,000	1,952,000
Fair Value, Inputs, Level 2 [Member] | Swap [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Unrealized Gain (Loss) on Cash Flow Hedging Instruments	0	262,000
Fair Value, Inputs, Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Assets	0	0
Impaired Loan Fair Value	4,889,000	1,103,000
Other loans	6,910,287,000	6,783,848,000
Loans receivable, net	6,915,176,000	6,784,951,000
Fair Value, Inputs, Level 3 [Member] | Loans [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Assets	0	0
Fair Value, Inputs, Level 3 [Member] | Equity Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investment securities	469,000	499,000
Fair Value, Inputs, Level 3 [Member] | Swap [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Swap	$ 243,000	$ 226,000

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Revenue from Contracts with Customers (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Disaggregation of Revenue [Line Items]
Personal trust and agency accounts	$ 2,411,000	$ 2,637,000	$ 7,681,000	$ 7,650,000
Employee benefit and retirement-related accounts	2,353,000	2,506,000	7,384,000	7,170,000
Investment management and investment advisory agency accounts	3,000,000	3,220,000	9,403,000	9,345,000
Other	452,000	457,000	1,404,000	1,397,000
Non-sufficient funds (NSF) fees	1,722,000	1,498,000	4,658,000	3,776,000
Demand deposit account (DDA) charges	996,000	762,000	2,425,000	2,325,000
Other	141,000	129,000	413,000	374,000
Credit card	734,000	692,000	2,091,000	1,908,000
HELOC	103,000	100,000	297,000	288,000
Installment	40,000	34,000	128,000	114,000
Real estate	1,692,000	5,418,000	8,685,000	19,867,000
Commercial	387,000	424,000	1,514,000	1,267,000
Debit card fee income	6,514,000	6,453,000	19,371,000	19,297,000
Bank owned life insurance income	1,185,000	1,462,000	4,734,000	3,776,000
ATM Fees	610,000	622,000	1,725,000	1,807,000
Gains (Losses) on Sales of Other Real Estate	5,607,000	3,000	5,611,000	(26,000)
Real Estate Owned, Valuation Allowance, Valuation Increase	12,009,000	0	12,039,000	13,000
Gain on equity securities, net	58,000	609,000	3,120,000	2,886,000
Other components of net periodic benefit income	3,027,000	2,038,000	9,081,000	6,114,000
Other	3,653,000	3,347,000	7,779,000	8,390,000
Total other income	46,694,000	32,411,000	109,543,000	97,738,000
Bank Servicing [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	2,956,000	6,668,000	12,715,000	23,444,000
Within Scope [Domain]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	1,400,000	1,300,000	4,300,000	3,800,000
Out of Scope [Domain]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	1,600,000	5,400,000	8,400,000	19,600,000
PNB [Member]
Disaggregation of Revenue [Line Items]
Personal trust and agency accounts	2,411,000	2,637,000	7,681,000	7,650,000
Employee benefit and retirement-related accounts	2,353,000	2,506,000	7,384,000	7,170,000
Investment management and investment advisory agency accounts	3,000,000	3,220,000	9,403,000	9,345,000
Other	452,000	457,000	1,404,000	1,397,000
Non-sufficient funds (NSF) fees	1,722,000	1,498,000	4,658,000	3,776,000
Demand deposit account (DDA) charges	996,000	762,000	2,425,000	2,325,000
Other	141,000	129,000	413,000	374,000
Credit card	734,000	690,000	2,091,000	1,906,000
HELOC	103,000	100,000	297,000	288,000
Installment	40,000	34,000	128,000	114,000
Real estate	1,692,000	5,418,000	8,685,000	19,867,000
Commercial	384,000	281,000	1,039,000	1,063,000
Debit card fee income	6,514,000	6,453,000	19,371,000	19,297,000
Bank owned life insurance income	1,133,000	1,022,000	3,356,000	3,169,000
ATM Fees	610,000	622,000	1,725,000	1,807,000
Gains (Losses) on Sales of Other Real Estate	0	3,000	4,000	(26,000)
Real Estate Owned, Valuation Allowance, Valuation Increase	0	0	30,000	13,000
Gain on equity securities, net	25,000	429,000	2,285,000	1,758,000
Other components of net periodic benefit income	2,955,000	1,987,000	8,864,000	5,960,000
Other	3,653,000	3,084,000	8,177,000	8,005,000
Total other income	28,918,000	31,332,000	89,420,000	95,258,000
All Other [Member]
Disaggregation of Revenue [Line Items]
Personal trust and agency accounts	0	0	0	0
Employee benefit and retirement-related accounts	0	0	0	0
Investment management and investment advisory agency accounts	0	0	0	0
Other	0	0	0	0
Non-sufficient funds (NSF) fees	0	0	0	0
Demand deposit account (DDA) charges	0	0	0	0
Other	0	0	0	0
Credit card	0	2,000	0	2,000
HELOC	0	0	0	0
Installment	0	0	0	0
Real estate	0	0	0	0
Commercial	3,000	143,000	475,000	204,000
Debit card fee income	0	0	0	0
Bank owned life insurance income	52,000	440,000	1,378,000	607,000
ATM Fees	0	0	0	0
Gains (Losses) on Sales of Other Real Estate	5,607,000	0	5,607,000	0
Real Estate Owned, Valuation Allowance, Valuation Increase	12,009,000	0	12,009,000	0
Gain on equity securities, net	33,000	180,000	835,000	1,128,000
Other components of net periodic benefit income	72,000	51,000	217,000	154,000
Other	0	263,000	(398,000)	385,000
Total other income	$ 17,776,000	$ 1,079,000	$ 20,123,000	$ 2,480,000