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Capital Ratios
 12 Months Ended
Dec. 31, 2013
Capital [Abstract]  
Capital Ratios
Capital Ratios
At December 31, 2013 and 2012, the Corporation and PNB had Tier 1, total risk-based capital and leverage ratios which were well above both the required minimum levels of 4.00%, 8.00% and 4.00%, respectively, and the well-capitalized levels of 6.00%, 10.00% and 5.00%, respectively.
 
The following table indicates the capital ratios for Park and PNB at December 31, 2013 and December 31, 2012.
 
 
 
2013
 
2012
 
 
Tier 1
Risk-Based
 
Total Risk-Based
 
Leverage
 
Tier 1
Risk-Based
 
Total Risk-Based
 
Leverage
Park National Bank
 
10.01
%
 
11.78
%
 
7.10
%
 
9.28
%
 
11.17
%
 
6.43
%
Park
 
13.27
%
 
15.91
%
 
9.48
%
 
13.12
%
 
15.77
%
 
9.17
%

  
Failure to meet the minimum requirements above could cause the Federal Reserve Board to take action. PNB is also subject to the capital requirements of its primary regulator, the OCC. As of December 31, 2013 and 2012, Park and PNB were well-capitalized and met all capital requirements to which each was then subject. There are no conditions or events since PNB's most recent regulatory report filings, that management believes have changed the risk categories for PNB.
 
The following table reflects various measures of capital for Park and PNB:
 
 
 
 
 
 
 
To Be Adequately Capitalized
 
To Be Well Capitalized
(In thousands)
 
Actual Amount
 
Ratio
 
Amount
 
Ratio
 
Amount
 
Ratio
At December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
Total Risk-Based Capital
(to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
PNB
 
$
545,144

 
11.78
%
 
$
370,198

 
8.00
%
 
$
462,747

 
10.00
%
Park
 
754,605

 
15.91
%
 
379,446

 
8.00
%
 
N/A

 
N/A

Tier 1 Risk-Based Capital
(to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
PNB
 
$
463,015

 
10.01
%
 
$
185,099

 
4.00
%
 
$
277,648

 
6.00
%
Park
 
629,410

 
13.27
%
 
189,723

 
4.00
%
 
N/A

 
N/A

Leverage Ratio
(to average total assets)
 
 
 
 
 
 
 
 
 
 
 
 
PNB
 
$
463,015

 
7.10
%
 
$
261,025

 
4.00
%
 
$
326,281

 
5.00
%
Park
 
629,410

 
9.48
%
 
265,633

 
4.00
%
 
N/A

 
N/A

 
 
 
 
 
 
 
 
 
 
 
 
 
At December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
Total Risk-Based Capital
(to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
PNB
 
$
502,680

 
11.17
%
 
$
359,971

 
8.00
%
 
$
449,964

 
10.00
%
Park
 
732,413

 
15.77
%
 
371,477

 
8.00
%
 
N/A

 
N/A

Tier 1 Risk-Based Capital
(to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
PNB
 
$
417,690

 
9.28
%
 
$
179,986

 
4.00
%
 
$
269,978

 
6.00
%
Park
 
609,411

 
13.12
%
 
185,739

 
4.00
%
 
N/A

 
N/A

Leverage Ratio
(to average total assets)
 
 
 
 
 
 
 
 
 
 
 
 
PNB
 
$
417,690

 
6.43
%
 
$
259,769

 
4.00
%
 
$
324,711

 
5.00
%
Park
 
609,411

 
9.17
%
 
265,719

 
4.00
%
 
N/A

 
N/A