Segment Information

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Segment Information

Segment Information

The Corporation is a financial holding company headquartered in Newark, Ohio. The operating segments for the Corporation are its chartered national 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 Chief Executive Officer and President, who is the chief operating decision maker.

	Operating Results for the three months ended March 31, 2016
(In thousands)	PNB		GFSC			SEPH			All Other			Total
Net interest income (loss)	$	57,155	$	1,504		$	1,161		$	(1	)	$	59,819
Provision for (recovery of) loan losses	1,533		527			(1,150		)	—			910
Other income	17,223		—			34			132			17,389
Other expense	41,360		3,798			1,404			3,337			49,899
Income (loss) before income taxes	$	31,485	$	(2,821	)	$	941		$	(3,206	)	$	26,399
Federal income taxes (benefit)	9,741		(985		)	329			(1,372		)	7,713
Net income (loss)	$	21,744	$	(1,836	)	$	612		$	(1,834	)	$	18,686
Assets (as of March 31, 2016)	$	7,347,378	$	34,637		$	34,592		$	11,578		$	7,428,185

	Operating Results for the three months ended March 31, 2015
(In thousands)	PNB		GFSC		SEPH			All Other			Total
Net interest income (expense)	$	53,821	$	1,692	$	(88	)	$	110		$	55,535
Provision for (recovery of) loan losses	2,022		495		(885		)	—			1,632
Other income	18,012		2		760			99			18,873
Other expense	41,932		779		1,098			1,911			45,720
Income (loss) before income taxes	$	27,879	$	420	$	459		$	(1,702	)	$	27,056
Federal income taxes (benefit)	8,720		139		161			(1,008		)	8,012
Net income (loss)	$	19,159	$	281	$	298		$	(694	)	$	19,044
Assets (as of March 31, 2015)	$	7,212,490	$	38,569	$	43,513		$	9,427		$	7,303,999

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, 2016 and 2015. The reconciling amounts for consolidated total assets for the periods ended March 31, 2016 and 2015 consisted of the elimination of intersegment borrowings and the assets of the Parent Company which were not eliminated.