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Other Investment Securities (Schedule Of Other Investment Securities) (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Schedule of Investments [Line Items]          
Other Investment Securities,     Other Investment Securities
 
Other investment securities consist of restricted stock investments in the FHLB, the FRB, and equity securities. The restricted FHLB and FRB stock investments are carried at their redemption value. Equity securities with a readily determinable fair value are carried at fair value. Equity securities without a readily determinable fair value are recorded at cost, minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions ("modified cost"). Park's portfolio of equity investments in limited partnerships which provide mezzanine funding ("Partnership Investments") are valued using the NAV practical expedient in accordance with ASC 820.

The carrying amounts of other investment securities at June 30, 2022 and December 31, 2021 were as follows:
 
(In thousands)June 30, 2022December 31, 2021
FHLB stock$13,413 $13,413 
FRB stock14,653 14,653 
Equity investments carried at fair value1,785 2,129 
Equity investments carried at modified cost (1)
8,191 4,689 
Equity investments carried at NAV43,579 26,384 
Total other investment securities$81,621 $61,268 
(1) There have been no impairments or downward adjustments made to equity investments carried at modified cost. An upward adjustment of $871,000 was recorded in the three months and six months ended June 30, 2022 as a result of observable price changes.
No shares of FHLB stock were repurchased during the three months or six months ended June 30, 2022. During the three months ended June 30, 2021, the FHLB repurchased 22,651 shares of FHLB stock with a book value of $2.3 million. During the six months ended June 30, 2021, the FHLB repurchased 65,484 shares of FHLB stock with a book value of $6.5 million. No shares of FRB stock were purchased or sold during the three months or six months ended June 30, 2022 or 2021.

During the three months ended June 30, 2022 and 2021, $619,000 and $(39,000), respectively, of gains (losses) on equity investments carried at fair value or modified cost were recorded within "Gain on equity securities, net" on the Consolidated Condensed Statements of Income. During the six months ended June 30, 2022 and 2021, $527,000 and $396,000, respectively, of gains on equity investments carried at fair value or modified cost were recorded within "Gain on equity securities, net" on the Consolidated Condensed Statements of Income.
During the three months ended June 30, 2022 and 2021, $90,000 and $506,000, respectively, of gains on equity investments carried at NAV were recorded within “Gain on equity securities, net” on the Consolidated Condensed Statements of Income. During the six months ended June 30, 2022 and 2021, $2.5 million and $1.9 million, respectively, of gains on equity investments carried at NAV were recorded within “Gain on equity securities, net” on the Consolidated Condensed Statements of Income.
   
Federal Home Loan Bank Stock $ 13,413,000   $ 13,413,000   $ 13,413,000
Federal Reserve Bank Stock 14,653,000   14,653,000   14,653,000
Equity investments carried at fair value 1,785,000   1,785,000   2,129,000
Equity Method Investments 8,191,000   8,191,000   4,689,000
Alternative Investment 43,579,000   43,579,000   26,384,000
Other investment securities 81,621,000   $ 81,621,000   $ 61,268,000
equity investment shares sold   22,651 0 65,484  
Payments for (Proceeds from) Federal Home Loan Bank Stock   $ 2,300,000 $ 0 $ 6,549,000  
Gain on equity securities, net 709,000 467,000 3,062,000 2,277,000  
Alternative Investment, income recognized 90,000 506,000 2,500,000 1,900,000  
Equity Securities without Readily Determinable Fair Value, Upward Price Adjustment, Annual Amount 871,000        
Payments to Acquire Federal Reserve Bank Stock     0 0  
Equity Securities [Member]          
Schedule of Investments [Line Items]          
Gain on equity securities, net $ 619,000 $ (39,000) $ 527,000 $ 396,000