XML 51 R40.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Other Real Estate Owned (Tables)
3 Months Ended
Mar. 31, 2024
Other Real Estate Owned [Abstract]  
Schedule of Assets Repossessed or Foreclosed, or loans in process of foreclosure [Table Text Block] [Text Block]
Park typically transfers a loan to OREO at the time that Park takes deed/title to the real estate property asset. The carrying amounts of foreclosed real estate properties held at March 31, 2024 and December 31, 2023 are listed below, as well as the
recorded investment of loans secured by residential real estate properties for which formal foreclosure proceedings were in process at those dates.

(in thousands)March 31, 2024December 31, 2023
OREO:
Commercial real estate$1,184 $983 
Residential real estate476 — 
Construction real estate14 — 
Total OREO$1,674 $983 
Loans in process of foreclosure:
Residential real estate$2,097 $1,957