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Loans (Tables)

6 Months Ended

Jun. 30, 2022

Loans and Leases Receivable Disclosure [Line Items]

Composition Of Loan Portfolio By Class Of Loan

The composition of the loan portfolio at June 30, 2022 and December 31, 2021 was as follows:


	June 30, 2022		December 31, 2021
(In thousands)	Amortized Cost		Amortized Cost
Commercial, financial and agricultural: (1)
Commercial, financial and agricultural (1)	$	1,299,167	$	1,223,079
PPP loans	13,428		74,420
Overdrafts	3,763		1,127
Commercial real estate (1)	1,760,867		1,801,792
Construction real estate:
Commercial	208,284		214,561
Retail	113,115		107,225
Residential real estate:
Commercial	545,160		533,802
Mortgage	1,018,924		1,033,658
HELOC	162,533		165,605
Installment	4,741		5,642
Consumer:
Consumer	1,806,226		1,685,793
GFSC	748		1,793
Check loans	2,112		2,093
Leases	19,617		20,532
Total	$	6,958,685	$	6,871,122
Allowance for credit losses	(81,448)		(83,197)
Net loans	$	6,877,237	$	6,787,925

(1) Included within each of commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that were not broken out by class.

Recorded Investment In Nonaccrual Restructured And Loans Past Due 90 Days Or More And Accruing

The following tables present the amortized cost of nonaccrual loans, accruing TDRs, and loans past due 90 days or more and still accruing, by class of loan, at June 30, 2022 and December 31, 2021:


	June 30, 2022
(In thousands)	Nonaccrual Loans		Accruing TDRs		Loans Past Due 90 Days or More and Accruing		Total Nonperforming Loans
Commercial, financial and agricultural:
Commercial, financial and agricultural	$	10,529	$	1,472	$	—	$	12,001
PPP loans	—		—		—		—
Overdrafts	—		—		—		—
Commercial real estate	18,520		8,619		—		27,139
Construction real estate:
Commercial	314		146		—		460
Retail	11		4		—		15
Residential real estate:
Commercial	1,816		290		—		2,106
Mortgage	9,789		6,975		282		17,046
HELOC	1,463		310		—		1,773
Installment	35		1,325		—		1,360
Consumer:
Consumer	930		605		221		1,756
GFSC	33		—		4		37
Check loans	—		—		—		—
Leases	934		—		—		934
Total loans	$	44,374	$	19,746	$	507	$	64,627


	December 31, 2021
(In thousands)	Nonaccrual Loans		Accruing TDRs		Loans Past Due 90 Days or More and Accruing		Total Nonperforming Loans
Commercial, financial and agricultural
Commercial, financial and agricultural	$	13,271	$	9,396	$	—	$	22,667
PPP loans	—		—		793		793
Overdrafts	—		—		—		—
Commercial real estate	40,142		7,713		—		47,855
Construction real estate:
Commercial	52		169		—		221
Retail	716		9		—		725
Residential real estate:
Commercial	2,366		240		—		2,606
Mortgage	11,718		7,779		372		19,869
HELOC	1,590		803		—		2,393
Installment	82		1,508		—		1,590
Consumer
Consumer	1,518		700		431		2,649
GFSC	79		6		11		96
Check loans	—		—		—		—
Leases	1,188		—		—		1,188
Total loans	$	72,722	$	28,323	$	1,607	$	102,652

Financing Receivable, Nonaccrual

The following tables provide additional detail on nonaccrual loans and the related ACL, by class of loan, at June 30, 2022 and December 31, 2021:


	June 30, 2022
(In thousands)	Nonaccrual Loans With No ACL		Nonaccrual Loans With an ACL		Related ACL
Commercial, financial and agricultural:
Commercial, financial and agricultural	$	9,563	$	966	$	709
PPP loans	—		—		—
Overdrafts	—		—		—
Commercial real estate	14,854		3,666		1,160
Construction real estate:
Commercial	314		—		—
Retail	—		11		1
Residential real estate:
Commercial	1,816		—		—
Mortgage	—		9,789		73
HELOC	125		1,338		138
Installment	—		35		18
Consumer
Consumer	—		930		363
GFSC	—		33		6
Check loans	—		—		—
Leases	784		150		11
Total loans	$	27,456	$	16,918	$	2,479


	December 31, 2021
(In thousands)	Nonaccrual Loans With No ACL		Nonaccrual Loans With an ACL		Related ACL
Commercial, financial and agricultural:
Commercial, financial and agricultural	$	11,494	$	1,777	$	1,343
PPP loans	—		—		—
Overdrafts	—		—		—
Commercial real estate	39,151		991		188
Construction real estate:
Commercial	52		—		—
Retail	—		716		67
Residential real estate:
Commercial	2,366		—		—
Mortgage	—		11,718		73
HELOC	—		1,590		99
Installment	—		82		24
Consumer
Consumer	—		1,518		393
GFSC	—		79		10
Check loans	—		—		—
Leases	914		274		43
Total	$	53,977	$	18,745	$	2,240

Schedule of impaired financing receivables additional info

The following tables provide the amortized cost basis of collateral-dependent loans by class of loan, as of June 30, 2022 and December 31, 2021:


	June 30, 2022
(In thousands)	Real Estate		Business Assets		Other		Total
Commercial, financial and agricultural
Commercial, financial and agricultural	$	8,165	$	3,638	$	251	$	12,054
Commercial real estate	31,401		32		—		31,433
Construction real estate:
Commercial	1,135		—		—		1,135
Residential real estate:
Commercial	2,406		10		—		2,416
Mortgage	361		—		—		361
HELOC	124		—		—		124
Leases	—		934		—		934
Total loans	$	43,592	$	4,614	$	251	$	48,457


	December 31, 2021
(In thousands)	Real Estate		Business Assets		Other		Total
Commercial, financial and agricultural
Commercial, financial and agricultural	$	9,321	$	13,366	$	156	$	22,843
Commercial real estate	52,901		37		—		52,938
Construction real estate:
Commercial	1,178		—		—		1,178
Residential real estate:
Commercial	2,906		—		57		2,963
Mortgage	370		—		—		370
HELOC	148		—		—		148
Leases	—		1,211		—		1,211
Total loans	$	66,824	$	14,614	$	213	$	81,651

Interest income on nonaccrual loans individually evaluated for impairment is recognized on a cash basis only when Park expects to receive the entire recorded investment in the loans. The following table presents interest income recognized on nonaccrual loans for the three-month and six-month periods ended June 30, 2022 and 2021:


	Interest Income Recognized
(In thousands)	Three Months Ended June 30, 2022		Three Months Ended June 30, 2021		Six Months Ended June 30, 2022		Six Months Ended June 30, 2021
Commercial, financial and agricultural:
Commercial, financial and agricultural	$	13	$	50	$	30	$	107
PPP loans	—		—		—		—
Overdrafts	—		—		—		—
Commercial real estate	257		507		514		1,022
Construction real estate:
Commercial	3		4		4		37
Retail	—		—		4		1
Residential real estate:
Commercial	20		74		40		120
Mortgage	36		64		69		143
HELOC	2		6		6		10
Installment	—		1		2		2
Consumer:
Consumer	14		25		28		48
GFSC	1		3		3		8
Check loans	—		—		—		—
Leases	10		24		24		44
Total loans	$	356	$	758	$	724	$	1,542

Financing Receivable, Past Due

The following tables present the aging of the amortized cost in past due loans at June 30, 2022 and December 31, 2021 by class of loan:


	June 30, 2022
(In thousands)	Accruing Loans Past Due 30-89 Days		Past Due Nonaccrual Loans and Loans Past Due 90 Days or More and Accruing (1)		Total Past Due		Total Current (2)		Total Amortized Cost
Commercial, financial and agricultural:
Commercial, financial and agricultural	$	519	$	9,413	$	9,932	$	1,289,235	$	1,299,167
PPP loans	74		—		74		13,354		13,428
Overdrafts	—		—		—		3,763		3,763
Commercial real estate	504		175		679		1,760,188		1,760,867
Construction real estate:
Commercial	—		—		—		208,284		208,284
Retail	450		—		450		112,665		113,115
Residential real estate:
Commercial	17		365		382		544,778		545,160
Mortgage	6,859		5,689		12,548		1,006,376		1,018,924
HELOC	334		770		1,104		161,429		162,533
Installment	4		5		9		4,732		4,741
Consumer:
Consumer	3,053		299		3,352		1,802,874		1,806,226
GFSC	62		22		84		664		748
Check loans	6		—		6		2,106		2,112
Leases	1,569		—		1,569		18,048		19,617
Total loans	$	13,451	$	16,738	$	30,189	$	6,928,496	$	6,958,685

(1) Includes an aggregate of $507,000 of loans past due 90 days or more and accruing. The remaining loans were past due nonaccrual loans.

(2) Includes an aggregate of $28.1 million of nonaccrual loans which were current in regards to contractual principal and interest payments.


	December 31, 2021
(in thousands)	Accruing Loans Past Due 30-89 Days		Past Due Nonaccrual Loans and Loans Past Due 90 Days or More and Accruing (1)		Total Past Due		Total Current (2)		Total Amortized Cost
Commercial, financial and agricultural
Commercial, financial and agricultural	$	2,908	$	9,547	$	12,455	$	1,210,624	$	1,223,079
PPP loans	242		793		1,035		73,385		74,420
Overdrafts	—		—		—		1,127		1,127
Commercial real estate	65		1,461		1,526		1,800,266		1,801,792
Construction real estate:
Commercial	—		—		—		214,561		214,561
Retail	346		660		1,006		106,219		107,225
Residential real estate:
Commercial	283		438		721		533,081		533,802
Mortgage	6,170		5,933		12,103		1,021,555		1,033,658
HELOC	565		1,011		1,576		164,029		165,605
Installment	49		31		80		5,562		5,642
Consumer
Consumer	2,614		618		3,232		1,682,561		1,685,793
GFSC	153		52		205		1,588		1,793
Check loans	10		—		10		2,083		2,093
Leases	60		526		586		19,946		20,532
Total loans	$	13,465	$	21,070	$	34,535	$	6,836,587	$	6,871,122

(1) Includes an aggregate of $1.6 million of loans past due 90 days or more and accruing. The remaining loans were past due nonaccrual loans.

(2) Includes an aggregate of $53.3 million of nonaccrual loans which were current in regards to contractual principal and interest payments.

Financing Receivable Credit Quality Indicators

Based on the most recent analysis performed, the risk category of loans by class of loans as of June 30, 2022 and December 31, 2021 were as follows:


June 30, 2022	Term Loans Amortized Cost Basis by Origination Year
(In thousands)	2022		2021		2020		2019		2018		Prior		Revolving Loans Amortized Cost Basis		Total
Commercial, financial and agricultural: Commercial, financial and agricultural (1)
Risk rating
Pass	$	123,708	$	230,009	$	186,826	$	75,102	$	40,781	$	66,149	$	559,039	$	1,281,614
Special Mention	—		1,792		807		524		46		198		3,547		6,914
Substandard	—		87		209		117		1,286		7,844		256		9,799
Doubtful	50		—		13		122		114		304		237		840
Total	$	123,758	$	231,888	$	187,855	$	75,865	$	42,227	$	74,495	$	563,079	$	1,299,167


Commercial, financial and agricultural: PPP
Risk rating
Pass	$	—	$	10,644	$	2,784	$	—	$	—	$	—	$	—	$	13,428
Special Mention	—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—
Total	$	—	$	10,644	$	2,784	$	—	$	—	$	—	$	—	$	13,428


Commercial real estate (1)
Risk rating
Pass	$	154,408	$	383,558	$	409,919	$	244,402	$	117,846	$	357,354	$	13,815	$	1,681,302
Special Mention	890		953		4,341		16,141		14,692		23,005		997		61,019
Substandard	—		2,311		2,251		996		4,336		4,880		140		14,914
Doubtful	—		—		—		—		2,999		633		—		3,632
Total	$	155,298	$	386,822	$	416,511	$	261,539	$	139,873	$	385,872	$	14,952	$	1,760,867


Construction real estate: Commercial
Risk rating
Pass	$	45,167	$	77,086	$	38,946	$	3,224	$	3,253	$	3,530	$	35,144	$	206,350
Special Mention	—		944		—		—		676		—		—		1,620
Substandard	—		—		314		—		—		—		—		314
Doubtful	—		—		—		—		—		—		—		—
Total	$	45,167	$	78,030	$	39,260	$	3,224	$	3,929	$	3,530	$	35,144	$	208,284


Residential Real Estate: Commercial
Risk rating
Pass	$	52,410	$	131,458	$	154,590	$	62,875	$	40,122	$	81,606	$	16,208	$	539,269
Special Mention	—		94		1,505		691		—		1,387		145		3,822
Substandard	202		473		289		35		314		706		50		2,069
Doubtful	—		—		—		—		—		—		—		—
Total	$	52,612	$	132,025	$	156,384	$	63,601	$	40,436	$	83,699	$	16,403	$	545,160


June 30, 2022	Term Loans Amortized Cost Basis by Origination Year
(In thousands)	2022		2021		2020		2019		2018		Prior		Revolving Loans Amortized Cost Basis		Total
Leases
Risk rating
Pass	$	5,146	$	4,755	$	4,350	$	1,953	$	1,408	$	936	$	—	$	18,548
Special Mention	136		—		—		—		—		—		—		136
Substandard	—		—		626		131		—		24		—		781
Doubtful	—		—		—		122		14		16		—		152
Total	$	5,282	$	4,755	$	4,976	$	2,206	$	1,422	$	976	$	—	$	19,617


Total Commercial Loans
Risk rating
Pass	$	380,839	$	837,510	$	797,415	$	387,556	$	203,410	$	509,575	$	624,206	$	3,740,511
Special Mention	1,026		3,783		6,653		17,356		15,414		24,590		4,689		73,511
Substandard	202		2,871		3,689		1,279		5,936		13,454		446		27,877
Doubtful	50		—		13		244		3,127		953		237		4,624
Total	$	382,117	$	844,164	$	807,770	$	406,435	$	227,887	$	548,572	$	629,578	$	3,846,523

(1) Included within each of commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that are not broken out by class.


December 31, 2021	Term Loans Amortized Cost Basis by Origination Year
(In thousands)	2021		2020		2019		2018		2017		Prior		Revolving Loans Amortized Cost Basis		Total
Commercial, financial and agricultural: Commercial, financial and agricultural (1)
Risk rating
Pass	$	267,016	$	208,078	$	100,736	$	52,705	$	36,528	$	59,909	$	468,749	$	1,193,721
Special Mention	1,608		1,592		429		59		277		—		11,986		15,951
Substandard	106		906		401		1,345		549		7,818		484		11,609
Doubtful	—		30		465		227		463		125		488		1,798
Total	$	268,730	$	210,606	$	102,031	$	54,336	$	37,817	$	67,852	$	481,707	$	1,223,079


Commercial, financial and agricultural: PPP
Risk rating
Pass	$	69,588	$	4,832	$	—	$	—	$	—	$	—	$	—	$	74,420
Special Mention	—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—
Total	$	69,588	$	4,832	$	—	$	—	$	—	$	—	$	—	$	74,420


Commercial real estate (1)
Risk rating
Pass	$	376,468	$	445,780	$	263,786	$	154,637	$	115,571	$	317,371	$	14,890	$	1,688,503
Special Mention	786		6,206		32,965		9,354		4,297		17,829		996		72,433
Substandard	3,897		2,578		1,385		11,373		5,967		14,541		450		40,191
Doubtful	—		—		—		—		47		618		—		665
Total	$	381,151	$	454,564	$	298,136	$	175,364	$	125,882	$	350,359	$	16,336	$	1,801,792


December 31, 2021	Term Loans Amortized Cost Basis by Origination Year
(In thousands)	2021		2020		2019		2018		2017		Prior		Revolving Loans Amortized Cost Basis		Total
Construction real estate: Commercial
Risk rating
Pass	$	96,929	$	76,867	$	7,003	$	4,841	$	1,856	$	3,412	$	22,444	$	213,352
Special Mention	202		—		—		691		—		—		—		893
Substandard	—		52		—		264		—		—		—		316
Doubtful	—		—		—		—		—		—		—		—
Total	$	97,131	$	76,919	$	7,003	$	5,796	$	1,856	$	3,412	$	22,444	$	214,561


Residential Real Estate: Commercial
Risk rating
Pass	$	138,801	$	165,202	$	67,921	$	44,896	$	26,583	$	70,434	$	15,507	$	529,344
Special Mention	95		884		106		79		—		497		135		1,796
Substandard	735		22		691		41		95		993		29		2,606
Doubtful	56		—		—		—		—		—		—		56
Total	$	139,687	$	166,108	$	68,718	$	45,016	$	26,678	$	71,924	$	15,671	$	533,802


Leases
Risk rating
Pass	$	6,705	$	5,729	$	2,628	$	2,151	$	705	$	845	$	—	$	18,763
Special Mention	198		111		184		67		21		—		—		581
Substandard	—		698		—		23		19		78		—		818
Doubtful	—		—		332		16		22		—		—		370
Total	$	6,903	$	6,538	$	3,144	$	2,257	$	767	$	923	$	—	$	20,532


Total Commercial Loans
Risk rating
Pass	$	955,507	$	906,488	$	442,074	$	259,230	$	181,243	$	451,971	$	521,590	$	3,718,103
Special Mention	2,889		8,793		33,684		10,250		4,595		18,326		13,117		91,654
Substandard	4,738		4,256		2,477		13,046		6,630		23,430		963		55,540
Doubtful	56		30		797		243		532		743		488		2,889
Total	$	963,190	$	919,567	$	479,032	$	282,769	$	193,000	$	494,470	$	536,158	$	3,868,186

(1) Included within each of commercial, financial and agricultural loans and commercial real estate loans is an immaterial amount of consumer loans that are not broken out by class.


June 30, 2022	Term Loans Amortized Cost Basis by Origination Year
(In thousands)	2022		2021		2020		2019		2018		Prior		Revolving Loans Amortized Cost Basis		Total
Commercial, financial and agricultural: Overdrafts
Performing	$	3,763	$	—	$	—	$	—	$	—	$	—	$	—	$	3,763
Nonperforming	—		—		—		—		—		—		—		—
Total	$	3,763	$	—	$	—	$	—	$	—	$	—	$	—	$	3,763


Construction Real Estate: Retail
Performing	$	29,000	$	63,488	$	10,510	$	5,039	$	2,172	$	2,815	$	76	$	113,100
Nonperforming	—		—		—		—		—		15		—		15
Total	$	29,000	$	63,488	$	10,510	$	5,039	$	2,172	$	2,830	$	76	$	113,115


Residential Real Estate: Mortgage
Performing	$	96,635	$	210,845	$	203,217	$	98,556	$	58,895	$	333,730	$	—	$	1,001,878
Nonperforming	—		—		—		767		446		15,833		—		17,046
Total	$	96,635	$	210,845	$	203,217	$	99,323	$	59,341	$	349,563	$	—	$	1,018,924


Residential Real Estate: HELOC
Performing	$	—	$	345	$	25	$	154	$	88	$	2,391	$	157,757	$	160,760
Nonperforming	—		—		36		—		—		1,507		230		1,773
Total	$	—	$	345	$	61	$	154	$	88	$	3,898	$	157,987	$	162,533


Residential Real Estate: Installment
Performing	$	—	$	—	$	2	$	322	$	76	$	2,981	$	—	$	3,381
Nonperforming	—		—		10		4		21		1,325		—		1,360
Total	$	—	$	—	$	12	$	326	$	97	$	4,306	$	—	$	4,741


Consumer: Consumer
Performing	$	441,091	$	549,090	$	408,302	$	197,503	$	85,565	$	113,635	$	9,284	$	1,804,470
Nonperforming	68		192		334		349		265		548		—		1,756
Total	$	441,159	$	549,282	$	408,636	$	197,852	$	85,830	$	114,183	$	9,284	$	1,806,226


Consumer: GFSC
Performing	$	—	$	—	$	124	$	379	$	120	$	17	$	71	$	711
Nonperforming	—		—		—		33		—		4		—		37
Total	$	—	$	—	$	124	$	412	$	120	$	21	$	71	$	748


Consumer: Check loans
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	2,112	$	2,112
Nonperforming	—		—		—		—		—		—		—		—
Total	$	—	$	—	$	—	$	—	$	—	$	—	$	2,112	$	2,112


Total Consumer Loans
Performing	$	570,489	$	823,768	$	622,180	$	301,953	$	146,916	$	455,569	$	169,300	$	3,090,175
Nonperforming	68		192		380		1,153		732		19,232		230		21,987
Total	$	570,557	$	823,960	$	622,560	$	303,106	$	147,648	$	474,801	$	169,530	$	3,112,162


December 31, 2021	Term Loans Amortized Cost Basis by Origination Year
(In thousands)	2021		2020		2019		2018		2017		Prior		Revolving Loans Amortized Cost Basis		Total
Commercial, financial and agricultural: Overdrafts
Performing	$	1,127	$	—	$	—	$	—	$	—	$	—	$	—	$	1,127
Nonperforming	—		—		—		—		—		—		—		—
Total	1,127		$	—	$	—	$	—	$	—	$	—	$	—	$	1,127


Construction Real Estate: Retail
Performing	$	68,374	$	26,247	$	5,710	$	2,743	$	1,505	$	1,842	$	79	$	106,500
Nonperforming	—		647		57		—		—		21		—		725
Total	$	68,374	$	26,894	$	5,767	$	2,743	$	1,505	$	1,863	$	79	$	107,225


Residential Real Estate: Mortgage
Performing	$	230,299	$	217,022	$	114,077	$	68,774	$	59,939	$	323,678	$	—	$	1,013,789
Nonperforming	—		626		785		824		574		17,060		—		19,869
Total	$	230,299	$	217,648	$	114,862	$	69,598	$	60,513	$	340,738	$	—	$	1,033,658


Residential Real Estate: HELOC
Performing	$	400	$	—	$	121	$	58	$	41	$	2,640	$	159,952	$	163,212
Nonperforming	89		40		—		37		90		1,811		326		2,393
Total	$	489	$	40	$	121	$	95	$	131	$	4,451	$	160,278	$	165,605


Residential Real Estate: Installment
Performing	$	—	$	3	$	418	$	111	$	1,049	$	2,471	$	—	$	4,052
Nonperforming	—		12		5		26		78		1,469		—		1,590
Total	$	—	$	15	$	423	$	137	$	1,127	$	3,940	$	—	$	5,642


Consumer: Consumer
Performing	$	649,638	$	505,555	$	259,230	$	119,222	$	64,699	$	62,136	$	22,664	$	1,683,144
Nonperforming	241		506		755		399		155		593		—		2,649
Total	$	649,879	$	506,061	$	259,985	$	119,621	$	64,854	$	62,729	$	22,664	$	1,685,793


Consumer: GFSC
Performing	$	—	$	243	$	986	$	292	$	63	$	5	$	108	$	1,697
Nonperforming	—		9		73		5		9		—		—		96
Total	$	—	$	252	$	1,059	$	297	$	72	$	5	$	108	$	1,793


Consumer: Check loans
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	2,093	$	2,093
Nonperforming	—		—		—		—		—		—		—		—
Total	$	—	$	—	$	—	$	—	$	—	$	—	$	2,093	$	2,093


Total Consumer Loans
Performing	$	949,838	$	749,070	$	380,542	$	191,200	$	127,296	$	392,772	$	184,896	$	2,975,614
Nonperforming	330		1,840		1,675		1,291		906		20,954		326		27,322
Total	$	950,168	$	750,910	$	382,217	$	192,491	$	128,202	$	413,726	$	185,222	$	3,002,936

Recorded Investment By Loan Grade

TDR Number Of Contracts Modified And Recorded Investment

The following tables detail the number of contracts modified as TDRs during the three-month periods ended June 30, 2022 and 2021, as well as the amortized cost of these contracts at June 30, 2022 and 2021. The amortized cost pre-and post-modification is generally the same due to the fact that Park does not typically forgive principal.


	Three Months Ended June 30, 2022
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Amortized Cost
Commercial, financial and agricultural
Commercial, financial and agricultural	—	$	—	$	—	$	—
PPP loans	—	—		—		—
Overdrafts	—	—		—		—
Commercial real estate	1	488		—		488
Construction real estate:
Commercial	—	—		—		—
Retail	—	—		—		—
Residential real estate:
Commercial	—	—		—		—
Mortgage	5	332		81		413
HELOC	1	30		—		30
Installment	3	24		1		25
Consumer:
Consumer	17	3		171		174
GFSC	—	—		—		—
Check loans	—	—		—		—
Leases	—	—		—		—
Total loans	27	$	877	$	253	$	1,130


	Three Months Ended June 30, 2021
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Amortized Cost
Commercial, financial and agricultural
Commercial, financial and agricultural	3	$	—	$	334	$	334
PPP loans	—	—		—		—
Overdrafts	—	—		—		—
Commercial real estate	3	1,601		207		1,808
Construction real estate:
Commercial	1	98		—		98
Retail	—	—		—		—
Residential real estate:
Commercial	3	—		406		406
Mortgage	4	58		195		253
HELOC	4	134		33		167
Installment	1	2		—		2
Consumer:
Consumer	42	77		289		366
GFSC	—	—		—		—
Check loans	—	—		—		—
Leases	1	—		362		362
Total loans	62	$	1,970	$	1,826	$	3,796

Of those loans which were modified and determined to be a TDR during the three-month period ended June 30, 2022, no loans were on nonaccrual status at December 31, 2021. Of those loans which were modified and determined to be a TDR during the three-month period ended June 30, 2021, $0.6 million were on nonaccrual status at December 31, 2020.

The following tables detail the number of contracts modified as TDRs during the six-month periods ended June 30, 2022 and 2021, as well as the amortized cost of these contracts at June 30, 2022 and 2021. The amortized cost pre-and post-modification is generally the same due to the fact that Park does not typically forgive principal.


	Six Months Ended June 30, 2022
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Amortized Cost
Commercial, financial and agricultural
Commercial, financial and agricultural	2	$	—	$	—	$	—
PPP loans	—	—		—		—
Overdrafts	—	—		—		—
Commercial real estate	5	1,077		140		1,217
Construction real estate:
Commercial	—	—		—		—
Retail	—	—		—		—
Residential real estate:
Commercial	1	—		106		106
Mortgage	8	332		145		477
HELOC	2	30		20		50
Installment	7	51		27		78
Consumer:
Consumer	41	12		272		284
GFSC	—	—		—		—
Check loans	—	—		—		—
Leases	—	—		—		—
Total loans	66	$	1,502	$	710	$	2,212


	Six Months Ended June 30, 2021
(In thousands)	Number of Contracts	Accruing		Nonaccrual		Total Amortized Cost
Commercial, financial and agricultural
Commercial, financial and agricultural	4	$	—	$	334	$	334
PPP loans	—	—		—		—
Overdrafts	—	—		—		—
Commercial real estate	8	1,601		1,099		2,700
Construction real estate:
Commercial	1	98		—		98
Retail	—	—		—		—
Residential real estate:
Commercial	3	—		406		406
Mortgage	10	193		300		493
HELOC	4	134		33		167
Installment	6	42		28		70
Consumer:
Consumer	76	127		368		495
GFSC	—	—		—		—
Check loans	—	—		—		—
Leases	1	—		362		362
Total loans	113	$	2,195	$	2,930	$	5,125

Of those loans which were modified and determined to be a TDR during the six-month period ended June 30, 2022, $0.6 million were on nonaccrual status at December 31, 2021. Of those loans which were modified and determined to be a TDR during the six-month period ended June 30, 2021, $1.6 million were on nonaccrual status at December 31, 2020.

Recorded Investment In Financing Receivable Modified As TDR Within 12 Months

The following table presents the amortized cost in loans which were modified as TDRs within the previous 12 months and for which there was a payment default during the three-month periods ended June 30, 2022 and 2021, respectively. For this table, a

loan is considered to be in default when it becomes 30 days contractually past due under the modified terms. The additional ACL resulting from the defaults on TDR loans was immaterial.


	Three Months Ended June 30, 2022			Three Months Ended June 30, 2021
(In thousands)	Number of Contracts	Amortized Cost		Number of Contracts	Amortized Cost
Commercial, financial and agricultural:
Commercial, financial and agricultural	—	$	—	—	$	—
PPP loans	—	—		—	—
Overdrafts	—	—		—	—
Commercial real estate	—	—		1	220
Construction real estate:
Commercial	—	—		—	—
Retail	—	—		—	—
Residential real estate:
Commercial	—	—		—	—
Mortgage	2	111		5	334
HELOC	1	20		—	—
Installment	—	—		1	6
Consumer
Consumer	7	64		14	100
GFSC	—	—		—	—
Check loans	—	—		—	—
Leases	—	—		—	—
Total loans	10	$	195	21	$	660

Of the $0.2 million in modified TDRs which defaulted during the three-month period ended June 30, 2022, all were nonaccrual loans. Of the $0.7 million in modified TDRs which defaulted during the three-month period ended June 30, 2021, $44,000 were accruing loans and $0.6 million were nonaccrual loans.

The following table presents the amortized cost in loans which were modified as TDRs within the previous 12 months and for which there was a payment default during the six-month periods ended June 30, 2022 and 2021, respectively. For this table, a

loan is considered to be in default when it becomes 30 days contractually past due under the modified terms. The additional ACL resulting from the defaults on TDR loans was immaterial.


	Six Months Ended June 30, 2022			Six Months Ended June 30, 2021
(In thousands)	Number of Contracts	Amortized Cost		Number of Contracts	Amortized Cost
Commercial, financial and agricultural:
Commercial, financial and agricultural	—	$	—	—	$	—
PPP loans	—	—		—	—
Overdrafts	—	—		—	—
Commercial real estate	—	—		1	220
Construction real estate:
Commercial	—	—		—	—
Retail	—	—		—	—
Residential real estate:
Commercial	—	—		—	—
Mortgage	2	111		6	373
HELOC	2	56		—	—
Installment	—	—		2	34
Consumer
Consumer	11	94		17	113
GFSC	—	—		—	—
Check loans	—	—		—	—
Leases	—	—		1	362
Total loans	15	$	261	27	$	1,102

Of the $0.3 million in modified TDRs which defaulted during the six-month period ended June 30, 2022, all were nonaccrual loans. Of the $1.1 million in modified TDRs which defaulted during the six-month period ended June 30, 2021, $84,000 were accruing loans and $1.0 million were nonaccrual loans.