Revenue from Contracts with Customers (Notes)

6 Months Ended

Jun. 30, 2018

Revenue, Initial Application Period Cumulative Effect Transition [Line Items]

Disaggregation of Revenue [Table Text Block]

Revenue from Contracts with Customers

The Company adopted ASC 606 using the modified retrospective method applied to all contracts not completed as of January 1, 2018. Results for reporting periods beginning on and after January 1, 2018 are presented under ASC 606 while prior period amounts continue to be reported in accordance with legacy GAAP. The adoption of ASC 606 did not result in a change to the accounting for any of the in-scope revenue streams; as such, no cumulative effect adjustment was recorded.

All of Park's revenue from contracts with customers within the scope of ASC 606 is recognized within "Other income" in the Consolidated Condensed Statements of Income. The following table presents the Corporation's sources of other income by revenue stream and operating segment for the three-month and six-month periods ended June 30, 2018 and June 30, 2017.



	Three Months Ended June 30, 2018
Revenue by Operating Segment (in thousands)	PNB			GFSC		SEPH			All Other		Total
Income from fiduciary activities
Personal trust and agency accounts	$	2,263		$	—	$	—		$	—	$	2,263
Employee benefit and retirement-related accounts	1,657			—		—			—		1,657
Investment management and investment advisory agency accounts	2,339			—		—			—		2,339
Other	407			—		—			—		407
Service charges on deposit accounts
Non-sufficient funds (NSF) fees	1,848			—		—			—		1,848
Demand deposit account (DDA) charges	813			—		—			—		813
Other	165			—		—			—		165
Other service income ⁽¹⁾
Credit card	556			7		—			—		563
HELOC	118			—		—			—		118
Installment	73			—		—			—		73
Real estate	2,357			—		—			—		2,357
Commercial	314			—		47			—		361
Checkcard fee income	4,382			—		—			—		4,382
Bank owned life insurance income ⁽²⁾	940			—		—			91		1,031
ATM fees	510			—		—			—		510
OREO valuation adjustments ⁽²⁾	(71		)	—		(43		)	—		(114		)
Gain on sale of OREO, net	(179		)	—		32			—		(147		)
Net loss on sale of investment securities ⁽²⁾	—			—		—			—		—
Unrealized gain on equity securities ⁽²⁾	6			—		—			298		304
Other components of net periodic pension benefit income ⁽²⁾	1,652			19		34			—		1,705
Miscellaneous ⁽³⁾	1,920			16		1			670		2,607
Total other income	$	22,070		$	42	$	71		$	1,059	$	23,242

⁽¹⁾Of the $3.5 million of revenue included within "Other service income", approximately $2.4 million is within the scope of ASC 606, with the remaining $1.1 million consisting primarily of residential real estate loan fees which are out of scope.

⁽²⁾ Not within the scope of ASC 606.

⁽³⁾ "Miscellaneous" income includes brokerage income, safe deposit box rentals, and miscellaneous bank fees totaling $2.6 million, all of which are within the scope of ASC 606.



	Three Months Ended June 30, 2017 ⁽⁴⁾
Revenue by Operating Segment (in thousands)	PNB			GFSC			SEPH			All Other		Total
Income from fiduciary activities
Personal trust and agency accounts	$	2,012		$	—		$	—		$	—	$	2,012
Employee benefit and retirement-related accounts	1,517			—			—			—		1,517
Investment management and investment advisory agency accounts	2,143			—			—			—		2,143
Other	353			—			—			—		353
Service charges on deposit accounts
Non-sufficient funds (NSF) fees	2,015			—			—			—		2,015
Demand deposit account (DDA) charges	974			—			—			—		974
Other	167			—			—			—		167
Other service income ⁽¹⁾
Credit card	497			(9		)	—			—		488
HELOC	131			—			3			—		134
Installment	119			—			—			—		119
Real estate	2,412			—			—			—		2,412
Commercial	271			—			23			—		294
Checkcard fee income	4,040			—			—			—		4,040
Bank owned life insurance income ⁽²⁾	1,014			—			—			100		1,114
ATM fees	561			—			—			—		561
OREO valuation adjustments ⁽²⁾	(272		)	—			—			—		(272		)
Gain on sale of OREO, net	48			—			5			—		53
Other components of net periodic pension benefit income ⁽²⁾	1,403			16			29			—		1,448
Miscellaneous ⁽³⁾	1,177			1			(52		)	1		1,127
Total other income	$	20,582		$	8		$	8		$	101	$	20,699

⁽¹⁾Of the $3.5 million of revenue included within "Other service income", approximately $2.5 million is within the scope of ASC 606, with the remaining $1.0 million consisting primarily of residential real estate loan fees which are out of scope.

⁽²⁾ Not within the scope of ASC 606.

⁽³⁾ "Miscellaneous" income includes brokerage income, safe deposit box rentals, and miscellaneous bank fees totaling $1.1 million, all of which are within the scope of ASC 606.

⁽⁴⁾ The Corporation elected the modified retrospective approach of adoption; therefore, prior period balances are presented under legacy GAAP and may not be comparable to current year presentation.



	Six Months Ended June 30, 2018
Revenue by Operating Segment (in thousands)	PNB			GFSC		SEPH			All Other		Total
Income from fiduciary activities
Personal trust and agency accounts	$	4,389		$	—	$	—		$	—	$	4,389
Employee benefit and retirement-related accounts	3,300			—		—			—		3,300
Investment management and investment advisory agency accounts	4,583			—		—			—		4,583
Other	789			—		—			—		789
Service charges on deposit accounts
Non-sufficient funds (NSF) fees	3,682			—		—			—		3,682
Demand deposit account (DDA) charges	1,739			—		—			—		1,739
Other	327			—		—			—		327
Other service income ⁽¹⁾
Credit card	1,060			14		—			—		1,074
HELOC	217			—		—			—		217
Installment	137			—		—			—		137
Real estate	4,603			—		—			—		4,603
Commercial	556			—		1,057			—		1,613
Checkcard fee income	8,384			—		—			—		8,384
Bank owned life insurance income ⁽²⁾	1,862			—		—			178		2,040
ATM fees	1,034			—		—			—		1,034
OREO valuation adjustments ⁽²⁾	(101		)	—		(220		)	—		(321		)
Gain on sale of OREO, net	1,406			—		2,768			—		4,174
Net loss on sale of investment securities ⁽²⁾	(2,271		)	—		—			—		(2,271		)
Unrealized gain on equity securities ⁽²⁾	33			—		—			3,760		3,793
Other components of net periodic pension benefit income ⁽²⁾	3,304			38		68			—		3,410
Miscellaneous ⁽³⁾	2,952			20		(15		)	492		3,449
Total other income	$	41,985		$	72	$	3,658		$	4,430	$	50,145

⁽¹⁾Of the $7.6 million of revenue included within "Other service income", approximately $5.5 million is within the scope of ASC 606, with the remaining $2.1 million consisting primarily of residential real estate loan fees which are out of scope.

⁽²⁾ Not within the scope of ASC 606.

⁽³⁾ "Miscellaneous" income includes brokerage income, safe deposit box rentals, and miscellaneous bank fees totaling $3.4 million, all of which are within the scope of ASC 606.



	Six Months Ended June 30, 2017 ⁽⁴⁾
Revenue by Operating Segment (in thousands)	PNB			GFSC			SEPH			All Other			Total
Income from fiduciary activities
Personal trust and agency accounts	$	3,798		$	—		$	—		$	—		$	3,798
Employee benefit and retirement-related accounts	2,967			—			—			—			2,967
Investment management and investment advisory agency accounts	4,111			—			—			—			4,111
Other	663			—			—			—			663
Service charges on deposit accounts
Non-sufficient funds (NSF) fees	4,000			—			—			—			4,000
Demand deposit account (DDA) charges	1,959			—			—			—			1,959
Other	336			—			—			—			336
Other service income⁽¹⁾
Credit card	917			(9		)	—			—			908
HELOC	222			—			3			—			225
Installment	277			—			—			—			277
Real estate	4,224			—			—			—			4,224
Commercial	594			—			23			—			617
Checkcard fee income	7,801			—			—			—			7,801
Bank owned life insurance income ⁽²⁾	2,021			—			—			196			2,217
ATM fees	1,103			—			—			—			1,103
OREO valuation adjustments ⁽²⁾	(345		)	—			—			—			(345		)
Gain on sale of OREO, net	148			—			5			—			153
Other components of net periodic pension benefit income ⁽²⁾	2,806			32			58			—			2,896
Miscellaneous ⁽³⁾	2,094			1			(52		)	(299		)	1,744
Total other income	$	39,696		$	24		$	37		$	(103	)	$	39,654

⁽¹⁾Of the $6.3 million of revenue included within "Other service income", approximately $4.4 million is within the scope of ASC 606, with the remaining $1.9 million consisting primarily of residential real estate loan fees which are out of scope.

⁽²⁾ Not within the scope of ASC 606.

⁽³⁾ "Miscellaneous" income includes brokerage income, safe deposit box rentals, and miscellaneous bank fees totaling $1.7 million, all of which are within the scope of ASC 606.

A description of Park's revenue streams accounted for under ASC 606 follows:

Income from fiduciary activities (Gross): Park earns fiduciary fee income and investment brokerage fees from its contracts with trust customers for various fiduciary and investment-related services. These fees are earned over time as the Company provides the contracted monthly and quarterly services and are generally assessed based on the market value of the trust assets.

Service charges on deposit accounts and ATM fees: The Corporation earns fees from its deposit customers for transaction-based, account maintenance, and overdraft services. Transaction-based fees, which include services such as ATM use fees, stop payment charges, statement rendering, and ACH fees, are recognized at the time the transaction is executed as that is the point in time the Corporation fulfills the customer's request. Account maintenance fees, which relate primarily to monthly maintenance, are generally recognized at the end of the month, representing the period over which the Corporation satisfies the performance obligation. Overdraft fees are recognized at the point in time that the overdraft occurs. Service charges on deposits are withdrawn from the customer's account balance.

Other service income: Other service income includes income from 1) the sale and servicing of loans sold to the secondary market, 2) incentive income from third-party credit card issuers, and 3) loan customers for various loan-related activities and services. These fees are generally recognized at a point in time following the completion of a loan sale or related service activity.

Checkcard fee income: Park earns interchange fees from debit cardholder transactions conducted primarily through the Visa payment network. Interchange fees from cardholder transactions represent a percentage of the underlying transaction value and are recognized daily, net of card network fees, concurrently with the transaction processing services provided to the cardholder.

Gain on sale of OREO, net: The Corporation records a gain or loss from the sale of OREO when control of the property transfers to the buyer, which generally occurs at the time of an executed deed. When Park finances the sale of OREO to the buyer, the Corporation assesses whether the buyer is committed to perform the buyer's obligation under the contract and whether collectability of the transaction price is probable. Once these criteria are met, the OREO asset is derecognized and the gain or loss on sale is recorded upon the transfer of control of the property to the buyer. In determining the gain or loss on the sale, the Corporation adjusts the transaction price and related gain (loss) on sale if a significant financing component is present.

Disaggregation of Revenue [Table Text Block]



	Three Months Ended June 30, 2018
Revenue by Operating Segment (in thousands)	PNB			GFSC		SEPH			All Other		Total
Income from fiduciary activities
Personal trust and agency accounts	$	2,263		$	—	$	—		$	—	$	2,263
Employee benefit and retirement-related accounts	1,657			—		—			—		1,657
Investment management and investment advisory agency accounts	2,339			—		—			—		2,339
Other	407			—		—			—		407
Service charges on deposit accounts
Non-sufficient funds (NSF) fees	1,848			—		—			—		1,848
Demand deposit account (DDA) charges	813			—		—			—		813
Other	165			—		—			—		165
Other service income ⁽¹⁾
Credit card	556			7		—			—		563
HELOC	118			—		—			—		118
Installment	73			—		—			—		73
Real estate	2,357			—		—			—		2,357
Commercial	314			—		47			—		361
Checkcard fee income	4,382			—		—			—		4,382
Bank owned life insurance income ⁽²⁾	940			—		—			91		1,031
ATM fees	510			—		—			—		510
OREO valuation adjustments ⁽²⁾	(71		)	—		(43		)	—		(114		)
Gain on sale of OREO, net	(179		)	—		32			—		(147		)
Net loss on sale of investment securities ⁽²⁾	—			—		—			—		—
Unrealized gain on equity securities ⁽²⁾	6			—		—			298		304
Other components of net periodic pension benefit income ⁽²⁾	1,652			19		34			—		1,705
Miscellaneous ⁽³⁾	1,920			16		1			670		2,607
Total other income	$	22,070		$	42	$	71		$	1,059	$	23,242

⁽²⁾ Not within the scope of ASC 606.

⁽³⁾ "Miscellaneous" income includes brokerage income, safe deposit box rentals, and miscellaneous bank fees totaling $2.6 million, all of which are within the scope of ASC 606.



	Three Months Ended June 30, 2017 ⁽⁴⁾
Revenue by Operating Segment (in thousands)	PNB			GFSC			SEPH			All Other		Total
Income from fiduciary activities
Personal trust and agency accounts	$	2,012		$	—		$	—		$	—	$	2,012
Employee benefit and retirement-related accounts	1,517			—			—			—		1,517
Investment management and investment advisory agency accounts	2,143			—			—			—		2,143
Other	353			—			—			—		353
Service charges on deposit accounts
Non-sufficient funds (NSF) fees	2,015			—			—			—		2,015
Demand deposit account (DDA) charges	974			—			—			—		974
Other	167			—			—			—		167
Other service income ⁽¹⁾
Credit card	497			(9		)	—			—		488
HELOC	131			—			3			—		134
Installment	119			—			—			—		119
Real estate	2,412			—			—			—		2,412
Commercial	271			—			23			—		294
Checkcard fee income	4,040			—			—			—		4,040
Bank owned life insurance income ⁽²⁾	1,014			—			—			100		1,114
ATM fees	561			—			—			—		561
OREO valuation adjustments ⁽²⁾	(272		)	—			—			—		(272		)
Gain on sale of OREO, net	48			—			5			—		53
Other components of net periodic pension benefit income ⁽²⁾	1,403			16			29			—		1,448
Miscellaneous ⁽³⁾	1,177			1			(52		)	1		1,127
Total other income	$	20,582		$	8		$	8		$	101	$	20,699

⁽²⁾ Not within the scope of ASC 606.

⁽³⁾ "Miscellaneous" income includes brokerage income, safe deposit box rentals, and miscellaneous bank fees totaling $1.1 million, all of which are within the scope of ASC 606.



	Six Months Ended June 30, 2018
Revenue by Operating Segment (in thousands)	PNB			GFSC		SEPH			All Other		Total
Income from fiduciary activities
Personal trust and agency accounts	$	4,389		$	—	$	—		$	—	$	4,389
Employee benefit and retirement-related accounts	3,300			—		—			—		3,300
Investment management and investment advisory agency accounts	4,583			—		—			—		4,583
Other	789			—		—			—		789
Service charges on deposit accounts
Non-sufficient funds (NSF) fees	3,682			—		—			—		3,682
Demand deposit account (DDA) charges	1,739			—		—			—		1,739
Other	327			—		—			—		327
Other service income ⁽¹⁾
Credit card	1,060			14		—			—		1,074
HELOC	217			—		—			—		217
Installment	137			—		—			—		137
Real estate	4,603			—		—			—		4,603
Commercial	556			—		1,057			—		1,613
Checkcard fee income	8,384			—		—			—		8,384
Bank owned life insurance income ⁽²⁾	1,862			—		—			178		2,040
ATM fees	1,034			—		—			—		1,034
OREO valuation adjustments ⁽²⁾	(101		)	—		(220		)	—		(321		)
Gain on sale of OREO, net	1,406			—		2,768			—		4,174
Net loss on sale of investment securities ⁽²⁾	(2,271		)	—		—			—		(2,271		)
Unrealized gain on equity securities ⁽²⁾	33			—		—			3,760		3,793
Other components of net periodic pension benefit income ⁽²⁾	3,304			38		68			—		3,410
Miscellaneous ⁽³⁾	2,952			20		(15		)	492		3,449
Total other income	$	41,985		$	72	$	3,658		$	4,430	$	50,145

⁽²⁾ Not within the scope of ASC 606.

⁽³⁾ "Miscellaneous" income includes brokerage income, safe deposit box rentals, and miscellaneous bank fees totaling $3.4 million, all of which are within the scope of ASC 606.



	Six Months Ended June 30, 2017 ⁽⁴⁾
Revenue by Operating Segment (in thousands)	PNB			GFSC			SEPH			All Other			Total
Income from fiduciary activities
Personal trust and agency accounts	$	3,798		$	—		$	—		$	—		$	3,798
Employee benefit and retirement-related accounts	2,967			—			—			—			2,967
Investment management and investment advisory agency accounts	4,111			—			—			—			4,111
Other	663			—			—			—			663
Service charges on deposit accounts
Non-sufficient funds (NSF) fees	4,000			—			—			—			4,000
Demand deposit account (DDA) charges	1,959			—			—			—			1,959
Other	336			—			—			—			336
Other service income⁽¹⁾
Credit card	917			(9		)	—			—			908
HELOC	222			—			3			—			225
Installment	277			—			—			—			277
Real estate	4,224			—			—			—			4,224
Commercial	594			—			23			—			617
Checkcard fee income	7,801			—			—			—			7,801
Bank owned life insurance income ⁽²⁾	2,021			—			—			196			2,217
ATM fees	1,103			—			—			—			1,103
OREO valuation adjustments ⁽²⁾	(345		)	—			—			—			(345		)
Gain on sale of OREO, net	148			—			5			—			153
Other components of net periodic pension benefit income ⁽²⁾	2,806			32			58			—			2,896
Miscellaneous ⁽³⁾	2,094			1			(52		)	(299		)	1,744
Total other income	$	39,696		$	24		$	37		$	(103	)	$	39,654

⁽²⁾ Not within the scope of ASC 606.

⁽³⁾ "Miscellaneous" income includes brokerage income, safe deposit box rentals, and miscellaneous bank fees totaling $1.7 million, all of which are within the scope of ASC 606.