Derivatives (Tables)

9 Months Ended

Sep. 30, 2020

Derivative [Line Items]

Schedule of Derivative Instruments [Table Text Block]

Summary information about Park's interest rate swaps as of September 30, 2020 and December 31, 2019 follows:

	September 30, 2020						December 31, 2019
(In thousands, except weighted average data)	Borrowing Derivatives			Loan Derivatives			Borrowing Derivatives			Loan Derivatives
Notional amounts	$	25,000		$	33,783		$	25,000		$	35,503
Weighted average pay rates	2.595		%	4.691		%	2.595		%	4.695		%
Weighted average receive rates	0.273		%	4.691		%	2.002		%	4.695		%
Weighted average maturity (years)	1.7			9.6			2.5			10.2
Unrealized losses	$	1,026		$	—		$	575		$	—

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The following table presents the net gains (losses), net of income taxes, recorded in AOCI and the Consolidated Condensed Statements of Income related to interest rate swaps for the three-month and nine-month periods ended September 30, 2020 and 2019.

	Three Months Ended September 30, 2020
(In thousands)	Amount of Gain (Loss) Recognized in OCI (Effective Portion)		Amount of Gain (Loss) Reclassified from OCI to Interest Income		Amount of Gain (Loss) Recognized in Other Non-interest Income (Ineffective Portion)
Interest rate contracts	$	111	$	—	$	—

	Three Months Ended September 30, 2019
(In thousands)	Amount of Gain (Loss) Recognized in OCI (Effective Portion)		Amount of Gain (Loss) Reclassified from OCI to Interest Income		Amount of Gain (Loss) Recognized in Other Non-interest Income (Ineffective Portion)
Interest rate contracts	$	(49)	$	—	$	—

Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]

The following tables reflect the interest rate swaps included in the Consolidated Condensed Balance Sheets as of September 30, 2020 and December 31, 2019.

(In thousands)	September 30, 2020
	Notional Amount		Fair Value
Included in other assets:
Borrowing derivatives - interest rate swaps related to FHLB advances	$	—	$	—
Loan derivatives - instruments associated with loans
Matched interest rate swaps with borrower	33,783		4,503
Matched interest rate swaps with counterparty	—		—
Total included in other assets	$	33,783	$	4,503
Included in other liabilities:
Borrowing derivatives - interest rate swaps related to FHLB advances	$	25,000	$	(1,026)
Loan derivatives - instruments associated with loans
Matched interest rate swaps with borrower	—		—
Matched interest rate swaps with counterparty	33,783		(4,503)
Total included in other liabilities	$	58,783	$	(5,529)

(In thousands)	December 31, 2019
	Notional Amount		Fair Value
Included in other assets:
Borrowing derivatives - interest rate swaps related to FHLB advances	$	—	$	—
Loan derivatives - instruments associated with loans
Matched interest rate swaps with borrower	24,421		1,781
Matched interest rate swaps with counterparty	11,083		89
Total included in other assets	$	35,504	$	1,870
Included in other liabilities:
Borrowing derivatives - interest rate swaps related to FHLB advances	$	25,000	$	(575)
Loan derivatives - instruments associated with loans
Matched interest rate swaps with borrower	11,083		(89)
Matched interest rate swaps with counterparty	24,421		(1,781)
Total included in other liabilities	$	60,504	$	(2,445)