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Allowance for Loan Losses (Tables)
12 Months Ended
Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss, Writeoff, after Recovery [Abstract]  
Financing Receivable, Current, Allowance for Credit Loss [Table Text Block]
The activity in the allowance for credit losses for the years ended December 31, 2021, 2020, and 2019 is summarized in the following tables.

Year ended December 31, 2021
(In thousands)Commercial, financial and agriculturalCommercial real estateConstruction real estateResidential real estateConsumerLeasesTotal
Allowance for credit losses:
Beginning balance$25,608 $23,480 $7,288 $11,363 $17,418 $518 $85,675 
  Impact of adopting ASC 326(8,257)2,119 (1,898)3,121 10,925 80 6,090 
  Charge-offs957 35  49 4,052  5,093 
  Recoveries(639)(802)(2,299)(941)(3,759)(1)(8,441)
Net charge-offs (recoveries)318 (767)(2,299)(892)293 (1)(3,348)
(Recovery) Provision(3,008)(900)(1,931)(3,952)(1,764)(361)(11,916)
         Ending balance$14,025 $25,466 $5,758 $11,424 $26,286 238 $83,197 
 
Year ended December 31, 2020
(In thousands)Commercial, financial and agriculturalCommercial real estateConstruction real estateResidential real estateConsumerLeasesTotal
Allowance for credit losses:
Beginning balance$20,203 $10,229 $5,311 $8,610 $12,211 $115 $56,679 
Charge-offs1,468 1,824 356 6,634 16 10,304 
Recoveries(20,765)(738)(1,122)(991)(3,629)(1)(27,246)
Net (recoveries) charge-offs (19,297)1,086 (1,116)(635)3,005 15 (16,942)
(Recovery) Provision(13,892)14,337 861 2,118 8,212 418 12,054 
        Ending balance$25,608 $23,480 $7,288 $11,363 $17,418 $518 $85,675 

Year ended December 31, 2019
(In thousands)Commercial, financial and agriculturalCommercial real estateConstruction real estateResidential real estateConsumerLeasesTotal
Allowance for credit losses:
Beginning balance$16,777 $9,768 $4,463 $8,731 $11,773 $— $51,512 
     Charge-offs2,231 400 — 239 8,307 — 11,177 
  Recoveries(1,241)(720)(2,682)(787)(4,742)(1)(10,173)
Net charge-offs (recoveries)990 (320)(2,682)(548)3,565 (1)1,004 
Provision (Recovery)4,416 141 (1,834)(669)4,003 114 6,171 
Ending balance$20,203 $10,229 $5,311 $8,610 $12,211 $115 $56,679 
Schedule of High Risk Industries Additional Reserves
A breakout of the 4-rated balances within these portfolios and the additional reserve related to these portfolios is detailed in the following table:

December 31, 2021December 31, 2020
(in thousands)4-Rated BalanceAdditional Reserve4-Rated BalanceAdditional Reserve
Hotels and accommodations$148,018 $2,226 $96,909 $1,391 
Restaurants and food service40,648 917 33,409 637 
Strip shopping centers184,171 2,033 177,706 1,731 
Total$372,837 $5,176 $308,024 $3,759 

Additionally, management applied a 1.00% reserve to all hotels and accommodations loans in the collectively evaluated population to account for increased valuation risk. This was consistent with the 2020 year end and considered various economic conditions due to COVID-19 variants, continued volatility in the hotel industry, and travel trends, all of which impacted valuations. At December 31, 2021, Park's originated hotels and accommodation loans included in the population of collectively evaluated loans had a balance of $203.9 million with an additional reserve related to valuation risks of $2.0 million. At December 31, 2020, Park's originated hotels and accommodation loans included in the population of collectively evaluated loans had a balance of $181.4 million with an additional reserve related to valuation risks of $1.8 million.
Schedule of the composition of the allowance for loan losses
The composition of the ACL at December 31, 2021 and December 31, 2020 was as follows:
 
 December 31, 2021
(In thousands)Commercial,
financial and
agricultural
Commercial
real estate
Construction
real estate
Residential
real estate
ConsumerLeasesTotal
ACL:       
Ending allowance balance attributed to loans:       
Individually evaluated for impairment$1,385$188$$$$43$1,616
Collectively evaluated for impairment12,64025,2785,75811,42426,286195$81,581
Acquired with deteriorated credit quality$
Total ending allowance balance$14,025$25,466$5,758$11,424$26,286$238$83,197
Loan balance:       
Loans individually evaluated for impairment$22,666$47,820$222$2,606$$1,188$74,502
Loans collectively evaluated for impairment1,275,7831,748,854320,6081,735,2261,689,67919,3216,789,471
Loans acquired with deteriorated credit quality1775,118956875237,149
Total ending loan balance$1,298,626$1,801,792$321,786$1,738,707$1,689,679$20,532$6,871,122
ACL as a percentage of loan balance:       
Loans individually evaluated for impairment6.11 %0.39 % % % %3.62 %2.17 %
Loans collectively evaluated for impairment0.99 %1.45 %1.80 %0.66 %1.56 %1.01 %1.20 %
Loans acquired with deteriorated credit quality % % % % % % %
Total1.08 %1.41 %1.79 %0.66 %1.56 %1.16 %1.21 %
 December 31, 2020
(In thousands)Commercial,
financial and
agricultural
Commercial
real estate
Construction
real estate
Residential
real estate
ConsumerLeasesTotal
ACL:       
Ending allowance balance attributed to loans:       
Individually evaluated for impairment$3,758$1,316$$16$$344$5,434
Collectively evaluated for impairment21,80922,0937,28811,29217,418174$80,074
Acquired with deteriorated credit quality417155167
Total ending allowance balance$25,608$23,480$7,288$11,363$17,418$518$85,675
Loan balance:       
Loans individually evaluated for impairment$28,811$70,334$3,110$4,557$$1,595$108,407
Loans collectively evaluated for impairment1,559,8421,670,510339,3121,806,1261,659,70422,7317,058,225
Loans acquired with deteriorated credit quality
3367,3459992,36111211,153
Total ending loan balance$1,588,989$1,748,189$343,421$1,813,044$1,659,704$24,438$7,177,785
ACL as a percentage of loan balance:       
Loans individually evaluated for impairment13.04 %1.87 %— %0.35 %— %21.57 %5.01 %
Loans collectively evaluated for impairment1.40 %1.32 %2.15 %0.63 %1.05 %0.77 %1.13 %
Loans acquired with deteriorated credit quality12.20 %0.97 %— %2.33 %— %— %1.50 %
Total1.61 %1.34 %2.12 %0.63 %1.05 %2.12 %1.19 %
Recorded investment:       
Loans individually evaluated for impairment$28,836$70,357$3,110$4,557$$1,595$108,455
Loans collectively evaluated for impairment1,566,3441,676,388340,1161,808,8921,664,21422,7457,078,699
Loans acquired with deteriorated credit quality 3377,4611,0022,37211211,284
Total ending recorded investment$1,595,517$1,754,206$344,228$1,815,821$1,664,214$24,452$7,198,438