Other Real Estate Owned (Tables)

6 Months Ended

Jun. 30, 2016

Other Real Estate Owned [Abstract]

Schedule of Assets Repossessed or Foreclosed, or loans in process of foreclosure [Table Text Block] [Text Block]

Park typically transfers a loan to OREO at the time that Park takes deed/title to the asset. The carrying amount of foreclosed properties held at June 30, 2016 and December 31, 2015 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)	June 30, 2016		December 31, 2015
OREO:
Commercial real estate	$	8,182	$	8,333
Construction real estate	7,095		7,259
Residential real estate	2,289		3,059
Total OREO	$	17,566	$	18,651
Loans in process of foreclosure:
Residential real estate	$	2,599	$	2,021