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Revenue from Contracts with Customers
 6 Months Ended
Jun. 30, 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 and six-month periods ended June 30, 2021 and June 30, 2020.

Three Months Ended
June 30, 2021
Revenue by Operating Segment (in thousands)PNBAll OtherTotal
Income from fiduciary activities
   Personal trust and agency accounts$2,626 $— $2,626 
   Employee benefit and retirement-related accounts2,363 — 2,363 
   Investment management and investment advisory agency accounts3,116 — 3,116 
   Other464 — 464 
Service charges on deposit accounts
    Non-sufficient funds (NSF) fees1,144 — 1,144 
    Demand deposit account (DDA) charges774 — 774 
    Other114 — 114 
Other service income (1)
    Credit card636 — 636 
    HELOC99 — 99 
    Installment46 — 46 
    Real estate6,011 — 6,011 
    Commercial364 3 367 
Debit card fee income6,758 — 6,758 
Bank owned life insurance income (2)
1,062 87 1,149 
ATM fees655 — 655 
Gain on sale of OREO, net4 — 4 
Net gain on sale of debt securities (2)
— — — 
Gain (loss) on equity securities, net (2)
495 (28)467 
Other components of net periodic pension benefit income (2)
1,986 52 2,038 
Miscellaneous (3)
2,409 (2)2,407 
Total other income$31,126 $112 $31,238 
(1) Of the $7.2 million of aggregate revenue included within "Other service income", approximately $1.3 million is within the scope of ASC 606, with the remaining $5.9 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 $2.4 million, all of which are within scope of ASC 606.
Three Months Ended
June 30, 2020
Revenue by Operating Segment (in thousands)PNBAll OtherTotal
Income from fiduciary activities
   Personal trust and agency accounts$2,089 $— $2,089 
   Employee benefit and retirement-related accounts1,819 — 1,819 
   Investment management and investment advisory agency accounts2,515 — 2,515 
   Other370 — 370 
Service charges on deposit accounts
    Non-sufficient funds (NSF) fees828 — 828 
    Demand deposit account (DDA) charges741 — 741 
    Other107 — 107 
Other service income (1)
    Credit card461 2 463 
    HELOC113 — 113 
    Installment48 — 48 
    Real estate7,775 — 7,775 
    Commercial307 52 359 
Debit card fee income5,560 — 5,560 
Bank owned life insurance income (2)
1,177 2 1,179 
ATM fees438 — 438 
Gain on sale of OREO, net841 — 841 
Net gain on sale of debt securities (2)
3,313 — 3,313 
Loss on equity securities, net (2)
(792)(185)(977)
Other components of net periodic pension benefit income (2)
1,940 48 1,988 
Miscellaneous (3)
1,359 36 1,395 
Total other income$31,009 $(45)$30,964 
(1) Of the $8.8 million of aggregate revenue included within "Other service income", approximately $1.1 million is within the scope of ASC 606, with the remaining $7.7 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 $1.4 million, all of which are within scope of ASC 606.
Six Months Ended
June 30, 2021
Revenue by Operating Segment (in thousands)PNBAll OtherTotal
Income from fiduciary activities
   Personal trust and agency accounts$5,013 $— $5,013 
   Employee benefit and retirement-related accounts4,664 — 4,664 
   Investment management and investment advisory agency accounts6,125 — 6,125 
   Other940 — 940 
Service charges on deposit accounts
    Non-sufficient funds (NSF) fees2,278 — 2,278 
    Demand deposit account (DDA) charges1,563 — 1,563 
    Other245 — 245 
Other service income (1)
    Credit card1,216 — 1,216 
    HELOC188 — 188 
    Installment80 — 80 
    Real estate14,449 — 14,449 
    Commercial782 61 843 
Debit card fee income12,844 — 12,844 
Bank owned life insurance income (2)
2,147 167 2,314 
ATM fees1,185 — 1,185 
Loss on sale of OREO, net(29)— (29)
Net gain on sale of debt securities (2)
— — — 
Gain on equity securities, net (2)
1,329 948 2,277 
Other components of net periodic pension benefit income (2)
3,973 103 4,076 
Miscellaneous (3)
4,934 122 5,056 
Total other income$63,926 $1,401 $65,327 
(1) Of the $16.8 million of aggregate revenue included within "Other service income", approximately $2.6 million is within the scope of ASC 606, with the remaining $14.2 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 $5.1 million, all of which are within scope of ASC 606.
Six Months Ended
June 30, 2020
Revenue by Operating Segment (in thousands)PNBAll OtherTotal
Income from fiduciary activities
   Personal trust and agency accounts$4,260 $— $4,260 
   Employee benefit and retirement-related accounts3,735 — 3,735 
   Investment management and investment advisory agency accounts5,157 — 5,157 
   Other754 — 754 
Service charges on deposit accounts
    Non-sufficient funds (NSF) fees2,443 — 2,443 
    Demand deposit account (DDA) charges1,502 — 1,502 
    Other259 — 259 
Other service income (1)
    Credit card1,057 3 1,060 
    HELOC211 — 211 
    Installment101 — 101 
    Real estate10,422 — 10,422 
    Commercial678 52 730 
Debit card fee income10,520 — 10,520 
Bank owned life insurance income (2)
2,343 84 2,427 
ATM fees850 — 850 
Gain on sale of OREO, net645 — 645 
Net gain on sale of debt securities (2)
3,313 — 3,313 
Loss on equity securities, net (2)
(626)(1,324)(1,950)
Other components of net periodic pension benefit income (2)
3,880 96 3,976 
Miscellaneous (3)
2,986 49 3,035 
Total other income$54,490 $(1,040)$53,450 
(1) Of the $12.5 million of aggregate revenue included within "Other service income", approximately $2.3 million is within the scope of ASC 606, with the remaining $10.2 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 $3.0 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.