Other Real Estate Owned (Notes)

9 Months Ended

Sep. 30, 2015

Other Real Estate Owned [Abstract]

Real Estate Owned [Text Block]

Management transfers a loan to OREO at the time that Park takes deed/title of the asset. The carrying amount of foreclosed properties held at September 30, 2015 and December 31, 2014 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, 2015		December 31, 2014
OREO:
Commercial real estate	$	8,342	$	6,352
Construction real estate	8,225		11,281
Residential real estate	3,569		4,972
Total OREO	20,136		$	22,605
Loans in process of foreclosure:
Residential real estate	$	1,996	$	2,807