8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)    November 6, 2006      

Park National Corporation

(Exact name of registrant as specified in its charter)

Ohio	1-13006	31-1179518
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

50 North Third Street, P.O. Box 3500, Newark, Ohio	43058-3500
(Address of principal executive offices)	(Zip Code)

(740) 349-8451

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

     o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 — Other Events

     On November 6, 2006, Park National Corporation sent a letter to its stockholders covering the financial results for the three months and nine months ended September 30, 2006. A copy of this letter is included as Exhibit 99.1.

Item 9.01 — Financial Statements and Exhibits.

     (a) Not applicable

     (b) Not applicable

     (c) Not applicable

     (d) Exhibits. The following exhibit is included with this Current Report on Form 8-K:

Exhibit No.		Description
	99.1	Letter sent by Park National Corporation to its stockholders on November 6, 2006.

[Remainder of page intentionally left blank;
signature on following page.]

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SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	PARK NATIONAL CORPORATION
Dated: November 6, 2006	By:	/S/ John W. Kozak
		John W. Kozak Chief Financial Officer

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INDEX TO EXHIBITS

Current Report on Form 8-K
Dated November 6, 2006

Park National Corporation

Exhibit No.	Description
99.1	Letter sent by Park National Corporation to its stockholders on November 6, 2006.

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EX-99.1

Exhibit 99.1

TO OUR STOCKHOLDERS

A disappointing trend previously identified continues. Net income through the nine months ended September 30, 2006 was $71.498 million, compared to $72.407 million in the first nine months of last year, a decrease of 1.26 %. Aided in part by stock repurchases, diluted net income per share at September 30, 2006 was $5.11, an increase of 1.59 % from a year ago.

Return on average equity (ROE) has improved slightly from the first nine months of last year. ROE was 17.73% for the nine months ended September 30, 2006 compared to 17.26 % for the same period a year ago.

Modest loan growth occurred, as we had an increase of approximately $22 million in the third quarter of 2006. However, this increase in loans was not enough to offset the continued reduction in our investment securities portfolio. Our challenges are magnified by the compression in our net interest margin, caused in large part by current conditions related to interest rates.

We were pleased to announce two future expansion opportunities during the third quarter. The Anderson Bank Company is located in Anderson Township of Hamilton County in southwest Ohio. Once completed, this merger will bring two offices and approximately $70 million of assets to our Park National Bank Southwest Ohio and Northern Kentucky Division.

The other announcement was the signing of a definitive agreement to merge with Vision Bancshares, Inc. headquartered in Panama City, Florida. Vision has 15 offices with approximately $700 million in assets along the Gulf Coast. Their offices are located largely between Mobile Bay, Alabama in the west and Panama City, Florida in the east.

Anderson Bank will enhance our presence in southwest Ohio and Vision will bring a unique presence in markets far more robust than what we typically find in Ohio. Subject to regulatory and shareholder approval, we expect both mergers to be concluded by March 31, 2007.

Otherwise, our agenda remains unchanged. We assure you that our associates are working hard at each of our affiliates. Your support and referral of new customers is needed and appreciated.

Sincerely,

/s/ C. Daniel DeLawder	/s/ David L. Trautman
C. Daniel DeLawder Chairman	David L. Trautman President