Segment Information

3 Months Ended

Mar. 31, 2013

Segment Reporting [Abstract]

Segment Information

Segment Information

The Corporation is a bank holding company headquartered in Newark, Ohio. The operating segments for the Corporation are its chartered bank subsidiary, The Park National Bank (headquartered in Newark, Ohio) (“PNB”), SE Property Holdings, LLC (“SEPH”), and Guardian Financial Services Company (“GFSC”).

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 three operating segments, as: (i) discrete financial information is available for each operating segment and (ii) the segments are aligned with internal reporting to Park’s Chairman and Chief Executive Officer, who is the chief operating decision maker.

	Operating Results for the three months ended March 31, 2013
(In thousands)	PNB		GFSC		SEPH			All Other			Total
Net interest income (loss)	$	52,735	$	2,133	$	(655	)	$	1,240		$	55,453
Provision for (recovery of) loan losses	3,130		210		(3,011		)	—			329
Other income	17,872		2		831			100			18,805
Other expense	40,324		786		3,344			1,644			46,098
Income (loss) before income taxes	$	27,153	$	1,139	$	(157	)	$	(304	)	$	27,831
Federal income taxes (benefit)	7,213		399		(55		)	(436		)	7,121
Net income (loss)	$	19,940	$	740	$	(102	)	$	132		$	20,710
Assets (as of March 31, 2013)	$	6,611,802	$	49,555	$	89,240		$	(3,442	)	$	6,747,155

	Operating Results for the three months ended March 31, 2012
(In thousands)	PNB		GFSC		SEPH		All Other			Total
Net interest income	$	55,846	$	2,211	$	2,610	$	1,061		$	61,728
Provision for loan losses	4,672		250		3,416		—			8,338
Other income	16,661		—		724		68			17,453
Gain on sale of Vision business					22,167					22,167
Other expense	38,056		721		8,165		1,528			48,470
Income (loss) before income taxes	$	29,779	$	1,240	$	13,920	$	(399	)	$	44,540
Federal income taxes (benefit)	8,218		434		4,861		(448		)	13,065
Net income	$	21,561	$	806	$	9,059	$	49		$	31,475
Assets (as of March 31, 2012)	$	6,587,773	$	47,380	$	161,493	$	(19,795	)	$	6,776,851

The operating results of the Parent Company in the “All Other” column are used to reconcile the segment totals to the consolidated condensed statements of income for the three-month periods ended March 31, 2013 and 2012. The reconciling amounts for consolidated total assets for the periods ended March 31, 2013 and 2012 consisted of the elimination of intersegment borrowings and the assets of the Parent Company which were not eliminated.