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Revenue from Contracts with Customers
 3 Months Ended
Mar. 31, 2021
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers Revenue from Contracts with Customers
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 periods ended March 31, 2021 and March 31, 2020.

Three Months Ended
March 31, 2021
Revenue by Operating Segment (in thousands)PNBAll OtherTotal
Income from fiduciary activities
   Personal trust and agency accounts$2,387 $— $2,387 
   Employee benefit and retirement-related accounts2,301 — 2,301 
   Investment management and investment advisory agency accounts3,009 — 3,009 
   Other476 — 476 
Service charges on deposit accounts
    Non-sufficient funds (NSF) fees1,134 — 1,134 
    Demand deposit account (DDA) charges789 — 789 
    Other131 — 131 
Other service income (1)
    Credit card580 — 580 
    HELOC89 — 89 
    Installment34 — 34 
    Real estate8,438 — 8,438 
    Commercial418 58 476 
Debit card fee income6,086 — 6,086 
Bank owned life insurance income (2)
1,085 80 1,165 
ATM fees530 — 530 
Loss on sale of OREO, net(33)— (33)
Gain on equity securities, net (2)
834 976 1,810 
Other components of net periodic pension benefit income (2)
1,987 51 2,038 
Miscellaneous (3)
2,525 124 2,649 
Total other income$32,800 $1,289 $34,089 

(1) Of the $9.6 million of aggregate revenue included within "Other service income", approximately $1.3 million is within the scope of ASC 606, with the remaining $8.3 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 scope of ASC 606.
Three Months Ended
March 31, 2020
Revenue by Operating Segment (in thousands)PNBAll OtherTotal
Income from fiduciary activities
   Personal trust and agency accounts$2,171 $— $2,171 
   Employee benefit and retirement-related accounts1,916 — 1,916 
   Investment management and investment advisory agency accounts2,642 — 2,642 
   Other384 — 384 
Service charges on deposit accounts
    Non-sufficient funds (NSF) fees1,615 — 1,615 
    Demand deposit account (DDA) charges761 — 761 
    Other152 — 152 
Other service income (1)
    Credit card596 1 597 
    HELOC98 — 98 
    Installment53 — 53 
    Real estate2,647 — 2,647 
    Commercial371 — 371 
Debit card fee income4,960 — 4,960 
Bank owned life insurance income (2)
1,166 82 1,248 
ATM fees412 — 412 
Loss on sale of OREO, net(196)— (196)
Gain (loss) on equity securities, net (2)
166 (1,139)(973)
Other components of net periodic pension benefit income (2)
1,940 48 1,988 
Miscellaneous (3)
1,627 13 1,640 
Total other income$23,481 $(995)$22,486 

(1) Of the $3.8 million of aggregate revenue included within "Other service income", approximately $1.3 million is within the scope of ASC 606, with the remaining $2.5 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 $1.6 million, all of which are within scope of ASC 606.

A description of Park's material 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. Income related to the sale and servicing of loans sold to the secondary market is included within Other service income, but is not within the scope of ASC 606. Services that fall within the scope of ASC 606 are recognized as revenue when the Company satisfies its performance obligation to the customer.
Debit card 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 or loss 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 delivery 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.