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Revenue from Contracts with Customers
 9 Months Ended
Sep. 30, 2022
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 the nine-month periods ended September 30, 2022 and September 30, 2021.

Three Months Ended
September 30, 2022
Revenue by Operating Segment (in thousands)PNBAll OtherTotal
Income from fiduciary activities
   Personal trust and agency accounts$2,411 $— $2,411 
   Employee benefit and retirement-related accounts2,353 — 2,353 
   Investment management and investment advisory agency accounts3,000 — 3,000 
   Other452 — 452 
Service charges on deposit accounts
    Non-sufficient funds (NSF) fees1,722 — 1,722 
    Demand deposit account (DDA) charges996 — 996 
    Other141 — 141 
Other service income (1)
    Credit card734 — 734 
    HELOC103 — 103 
    Installment40 — 40 
    Real estate1,692 — 1,692 
    Commercial384 3 387 
Debit card fee income6,514 — 6,514 
Bank owned life insurance income (2)
1,133 52 1,185 
ATM fees610 — 610 
Gain on sale of OREO, net— 5,607 5,607 
OREO valuation markup— 12,009 12,009 
Gain on equity securities, net (2)
25 33 58 
Other components of net periodic pension benefit income (2)
2,955 72 3,027 
Miscellaneous (3)
3,653 — 3,653 
Total other income$28,918 $17,776 $46,694 
(1) Of the $3.0 million of aggregate revenue included within "Other service income", approximately $1.4 million is within the scope of ASC 606, with the remaining $1.6 million consisting primarily of certain 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 $3.7 million, all of which are within scope of ASC 606.
Three Months Ended
September 30, 2021
Revenue by Operating Segment (in thousands)PNBAll OtherTotal
Income from fiduciary activities
   Personal trust and agency accounts$2,637 $— $2,637 
   Employee benefit and retirement-related accounts2,506 — 2,506 
   Investment management and investment advisory agency accounts3,220 — 3,220 
   Other457 — 457 
Service charges on deposit accounts
    Non-sufficient funds (NSF) fees1,498 — 1,498 
    Demand deposit account (DDA) charges762 — 762 
    Other129 — 129 
Other service income (1)
    Credit card690 2 692 
    HELOC100 — 100 
    Installment34 — 34 
    Real estate5,418 — 5,418 
    Commercial281 143 424 
Debit card fee income6,453 — 6,453 
Bank owned life insurance income (2)
1,022 440 1,462 
ATM fees622 — 622 
Gain on sale of OREO, net3 — 3 
OREO valuation markup— — — 
Gain on equity securities, net (2)
429 180 609 
Other components of net periodic pension benefit income (2)
1,987 51 2,038 
Miscellaneous (3)
3,084 263 3,347 
Total other income$31,332 $1,079 $32,411 
(1) Of the $6.7 million of aggregate revenue included within "Other service income", approximately $1.3 million is within the scope of ASC 606, with the remaining $5.4 million consisting primarily of certain 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 $3.3 million, all of which are within scope of ASC 606.
Nine Months Ended
September 30, 2022
Revenue by Operating Segment (in thousands)PNBAll OtherTotal
Income from fiduciary activities
   Personal trust and agency accounts$7,681 $— $7,681 
   Employee benefit and retirement-related accounts7,384 — 7,384 
   Investment management and investment advisory agency accounts9,403 — 9,403 
   Other1,404 — 1,404 
Service charges on deposit accounts
    Non-sufficient funds (NSF) fees4,658 — 4,658 
    Demand deposit account (DDA) charges2,425 — 2,425 
    Other413 — 413 
Other service income (1)
    Credit card2,091 — 2,091 
    HELOC297 — 297 
    Installment128 — 128 
    Real estate8,685 — 8,685 
    Commercial1,039 475 1,514 
Debit card fee income19,371 — 19,371 
Bank owned life insurance income (2)
3,356 1,378 4,734 
ATM fees1,725 — 1,725 
Gain on sale of OREO, net4 5,607 5,611 
OREO valuation markup30 12,009 12,039 
Gain on equity securities, net (2)
2,285 835 3,120 
Other components of net periodic pension benefit income (2)
8,864 217 9,081 
Miscellaneous (3)
8,177 (398)7,779 
Total other income$89,420 $20,123 $109,543 
(1) Of the $12.7 million of aggregate revenue included within "Other service income", approximately $4.3 million is within the scope of ASC 606, with the remaining $8.4 million consisting primarily of certain 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 $7.8 million, all of which are within scope of ASC 606.
Nine Months Ended
September 30, 2021
Revenue by Operating Segment (in thousands)PNBAll OtherTotal
Income from fiduciary activities
   Personal trust and agency accounts$7,650 $— $7,650 
   Employee benefit and retirement-related accounts7,170 — 7,170 
   Investment management and investment advisory agency accounts9,345 — 9,345 
   Other1,397 — 1,397 
Service charges on deposit accounts
    Non-sufficient funds (NSF) fees3,776 — 3,776 
    Demand deposit account (DDA) charges2,325 — 2,325 
    Other374 — 374 
Other service income (1)
    Credit card1,906 2 1,908 
    HELOC288 — 288 
    Installment114 — 114 
    Real estate19,867 — 19,867 
    Commercial1,063 204 1,267 
Debit card fee income19,297 — 19,297 
Bank owned life insurance income (2)
3,169 607 3,776 
ATM fees1,807 — 1,807 
Loss on sale of OREO, net(26)— (26)
OREO valuation markup13 — 13 
Gain on equity securities, net (2)
1,758 1,128 2,886 
Other components of net periodic pension benefit income (2)
5,960 154 6,114 
Miscellaneous (3)
8,005 385 8,390 
Total other income$95,258 $2,480 $97,738 
(1) Of the $23.4 million of aggregate revenue included within "Other service income", approximately $3.8 million is within the scope of ASC 606, with the remaining $19.6 million consisting primarily of certain 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 $8.4 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 the Corporation's 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 fees, 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 the Company's 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.
OREO valuation markup: The Corporation records an OREO valuation markup immediately prior to the transfer of a loan to OREO when the fair market value of the property less costs to sell exceeds the principal balance of the loan.