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Capital Ratios
 12 Months Ended
Dec. 31, 2014
Capital [Abstract]  
Capital Ratios
Capital Ratios
At December 31, 2014 and 2013, the Corporation and PNB had Tier 1, total risk-based capital and leverage ratios which were well above the required minimum levels of 4.00%, 8.00% and 4.00%.
 
The following table indicates the capital ratios for Park and PNB at December 31, 2014 and December 31, 2013.
 
 
 
2014
 
2013
 
 
Tier 1
Risk-Based
 
Total Risk-Based
 
Leverage
 
Tier 1
Risk-Based
 
Total Risk-Based
 
Leverage
Park National Bank
 
10.13
%
 
11.74
%
 
6.96
%
 
10.01
%
 
11.78
%
 
7.10
%
Park
 
13.39
%
 
15.14
%
 
9.25
%
 
13.27
%
 
15.91
%
 
9.48
%

  
Failure to meet the minimum requirements above could cause the FRB to take action. PNB is also subject to the capital requirements of its primary regulator, the OCC. As of December 31, 2014 and 2013, 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, 2014
 
 
 
 
 
 
 
 
 
 
 
 
Total Risk-Based Capital
(to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
PNB
 
$
563,188

 
11.74
%
 
$
383,634

 
8.00
%
 
$
479,542

 
10.00
%
Park
 
739,517

 
15.14
%
 
390,822

 
8.00
%
 
N/A

 
N/A

Tier 1 Risk-Based Capital
(to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
 
PNB
 
$
485,943

 
10.13
%
 
$
191,817

 
4.00
%
 
$
287,725

 
6.00
%
Park
 
654,339

 
13.39
%
 
195,411

 
4.00
%
 
N/A

 
N/A

Leverage Ratio
(to average total assets)
 
 
 
 
 
 
 
 
 
 
 
 
PNB
 
$
485,943

 
6.96
%
 
$
279,210

 
4.00
%
 
$
349,013

 
5.00
%
Park
 
654,339

 
9.25
%
 
282,992

 
4.00
%
 
N/A

 
N/A

 
 
 
 
 
 
 
 
 
 
 
 
 
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