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Other Investment Securities (Schedule Of Other Investment Securities) (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Schedule of Investments [Line Items]          
Other Investment Securities,     Other Investment Securities
 
Other investment securities consist of restricted stock investments in the FHLB and 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 September 30, 2023 and December 31, 2022 were as follows:
 
(In thousands)September 30, 2023December 31, 2022
FHLB stock$20,229 $11,197 
FRB stock14,653 14,653 
Equity investments carried at fair value2,794 1,859 
Equity investments carried at modified cost (1)
15,921 14,725 
Equity investments carried at NAV46,074 44,657 
Total other investment securities$99,671 $87,091 
(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 during the nine months ended September 30, 2022 as a result of observable price changes. There were no adjustments recorded during the three months ended September 30, 2022. There were no adjustments recorded during the three months or the nine months ended September 30, 2023 as a result of observable price changes.

During the three months ended September 30, 2023, Park purchased 122,296 shares of FHLB stock with a book value of $12.2 million. During the nine months ended September 30, 2023, Park purchased 136,371 shares of FHLB stock with a book value of $13.6 million. During the three months ended September 30, 2023, the FHLB repurchased 10,002 shares of FHLB stock with a book value of $1.0 million. During the nine months ended September 30, 2023, the FHLB repurchased 46,054 shares of FHLB stock with a book value of $4.6 million. During the three months and the nine months ended September 30, 2022, the FHLB repurchased 22,160 shares of FHLB stock with a book value of $2.2 million. No shares of FRB stock were purchased or sold during the three months or the nine months ended September 30, 2023 or 2022.

During the three months ended September 30, 2023 and 2022, $74,000 and $(39,000), respectively, of gains (losses) on equity investments carried at fair value were recorded within "Gain on equity securities, net" on the Consolidated Condensed Statements of Income. During the nine months ended September 30, 2023 and 2022, $(65,000) and $488,000, respectively, of (losses) gains on equity investments carried at fair value were recorded within "Gain on equity securities, net" on the Consolidated Condensed Statements of Income.
During the three months ended September 30, 2023 and 2022, $924,000 and $97,000, 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 nine months ended September 30, 2023 and 2022, $683,000 and $2.6 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 $ 20,229,000   $ 20,229,000   $ 11,197,000
Federal Reserve Bank Stock 14,653,000   14,653,000   14,653,000
Equity investments carried at fair value 2,794,000   2,794,000   1,859,000
Equity Method Investments 15,921,000   15,921,000   14,725,000
Alternative Investment 46,074,000   46,074,000   44,657,000
Other investment securities $ 99,671,000   $ 99,671,000   $ 87,091,000
equity investment shares sold 10,002   46,054 22,160  
Payments for (Proceeds from) Federal Home Loan Bank Stock $ (1,000,000)   $ 4,600,000 $ 2,200,000  
Gain on equity securities, net 998,000 $ 58,000 618,000 3,120,000  
Alternative Investment, income recognized 924,000 97,000 683,000 2,600,000  
Payments to Acquire Federal Reserve Bank Stock     0 0  
Equity, Fair Value Adjustment       871,000  
Payments to Acquire Federal Home Loan Bank Stock $ 12,200,000   $ 13,636,000 0  
equity shares purchased 122,296   136,371    
Equity Securities [Member]          
Schedule of Investments [Line Items]          
Gain on equity securities, net $ 74,000 $ (39,000) $ (65,000) $ 488,000