Derivatives (Tables)

3 Months Ended

Mar. 31, 2021

Derivative [Line Items]

Schedule of Derivative Instruments [Table Text Block]

Summary information about Park's interest rate swaps as of March 31, 2021 and December 31, 2020 follows:

	March 31, 2021						December 31, 2020
(In thousands, except weighted average data)	Borrowing Derivatives			Loan Derivatives			Borrowing Derivatives			Loan Derivatives
Notional amounts	$	25,000		$	32,827		$	25,000		$	33,310
Weighted average pay rates	2.595		%	4.698		%	2.595		%	4.695		%
Weighted average receive rates	0.223		%	4.698		%	0.218		%	4.695		%
Weighted average maturity (years)	1.2			9.1			1.5			9.3
Unrealized losses	$	727		$	—		$	885		$	—

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 periods ended March 31, 2021 and 2020.

	Three Months Ended March 31, 2021
(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	$	125	$	—	$	—

	Three Months Ended March 31, 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	$	(483)	$	—	$	—

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 March 31, 2021 and December 31, 2020.

(In thousands)	March 31, 2021				December 31, 2020
	Notional Amount		Fair Value		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	32,827		2,278		33,310		3,934
Matched interest rate swaps with counterparty	—		—		—		—
Total included in other assets	$	32,827	$	2,278	$	33,310	$	3,934
Included in other liabilities:
Borrowing derivatives - interest rate swaps related to FHLB advances	$	25,000	$	(727)	$	25,000	$	(885)
Loan derivatives - instruments associated with loans
Matched interest rate swaps with borrower	—		—		—		—
Matched interest rate swaps with counterparty	32,827		(2,278)		33,310		(3,934)
Total included in other liabilities	$	57,827	$	(3,005)	$	58,310	$	(4,819)