XML 55 R44.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Derivatives (Tables)
3 Months Ended
Mar. 31, 2024
Derivative [Line Items]  
Schedule of Derivative Instruments [Table Text Block]
Summary information about Park's interest rate swaps at March 31, 2024 and at December 31, 2023 follows:

March 31, 2024December 31, 2023
(In thousands, except weighted average data)Loan
Derivatives
Loan
Derivatives
Notional amounts$16,974 $18,199 
Weighted average pay rates4.480 %4.517 %
Weighted average receive rates4.480 %4.517 %
Weighted average maturity (years)6.16.5
Unrealized losses$ $— 
Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]
The following table reflects the interest rate swaps included in the consolidated condensed balance sheets at March 31, 2024 and at December 31, 2023.

(In thousands)March 31, 2024December 31, 2023
Notional AmountFair ValueNotional AmountFair Value
Included in "Other assets":
Loan derivatives - instruments associated with loans
 Matched interest rate swaps with borrower $ $ $— $— 
 Matched interest rate swaps with counterparty16,974 1,241 18,199 1,069 
   Total included in "Other assets"$16,974 $1,241 $18,199 $1,069 
Included in "Other liabilities":
Loan derivatives - instruments associated with loans
 Matched interest rate swaps with borrower $16,974 $(1,241)$18,199 $(1,069)
 Matched interest rate swaps with counterparty  — — 
    Total included in "Other liabilities"$16,974 $(1,241)$18,199 $(1,069)