The Park National Bank Mortgage Rates, Fees & Info

Newark, OH

LEI: 549300CEHN5CVC6INV48

Tax ID: 31-1198067

5 stars - out of 5 stars, based on 80 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

The Park National Bank is a small bank specializing in Home Purchase and Refi loans. The Park National Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets include Columbus, Cincinnati, Mount Vernon, Zanesville, and Mansfield among others. The Park National Bank has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. The Park National Bank is typically a low fee lendor.


Originations

6,341

Origination Dollar Volume (All Markets)

$1,075,115,000

Employee count

1,674 Show all (9) awards

Relative Rate

The Park National Bank's average 30 year fixed rate mortgage of loans were 3.24%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of 0.09%.

Relative Fees

The Park National Bank's average total fees for a 30 year fixed rate mortgage are $3,200.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
COLUMBUS, OH (FHA|USDA|VA) 1,760 $303,420,000 $172,398 $2,965 3.18%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 436 $96,180,000 $220,596 $2,785 3.29%
Mount Vernon, OH (FHA|USDA|VA) 518 $74,470,000 $143,764 $2,788 3.22%
Zanesville, OH (FHA|USDA|VA) 545 $72,045,000 $132,193 $3,057 3.23%
MANSFIELD, OH (FHA|USDA|VA) 490 $60,390,000 $123,245 $2,809 3.13%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 272 $56,150,000 $206,434 $3,150 3.07%
DAYTON-KETTERING, OH (FHA|USDA|VA) 268 $40,790,000 $152,201 $3,241 3.24%
ASHEVILLE, NC (FHA|USDA|VA) 114 $37,310,000 $327,281 $3,755 3.23%
SPRINGFIELD, OH (FHA|USDA|VA) 234 $30,070,000 $128,504 $2,856 3.33%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 74 $27,370,000 $369,865 $3,697 3.19%
Outside of Metro Areas 168 $25,270,000 $150,417 $3,068 3.19%
Greenville, OH (FHA|USDA|VA) 194 $24,580,000 $126,701 $3,010 3.09%
SPARTANBURG, SC (FHA|USDA|VA) 111 $24,155,000 $217,613 $3,402 3.10%
Ashland, OH (FHA|USDA|VA) 160 $19,840,000 $124,000 $2,801 3.22%
Coshocton, OH (FHA|USDA|VA) 161 $17,945,000 $111,460 $3,123 3.23%
Wooster, OH (FHA|USDA|VA) 64 $11,910,000 $186,094 $3,095 3.21%
Cambridge, OH (FHA|USDA|VA) 74 $11,010,000 $148,784 $3,059 3.23%
New Philadelphia-Dover, OH (FHA|USDA|VA) 66 $9,280,000 $140,606 $3,056 3.13%
Urbana, OH (FHA|USDA|VA) 55 $8,755,000 $159,182 $3,154 3.18%
Bucyrus-Galion, OH (FHA|USDA|VA) 90 $8,530,000 $94,778 $2,789 2.93%
Celina, OH (FHA|USDA|VA) 50 $7,190,000 $143,800 $3,127 3.14%
CANTON-MASSILLON, OH (FHA|USDA|VA) 26 $6,700,000 $257,692 $3,212 3.55%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 30 $6,680,000 $222,667 $3,376 3.15%
AKRON, OH (FHA|USDA|VA) 25 $6,405,000 $256,200 $3,123 3.70%
Athens, OH (FHA|USDA|VA) 39 $6,305,000 $161,667 $3,245 3.11%
Marion, OH (FHA|USDA|VA) 41 $6,245,000 $152,317 $2,881 3.00%
Seneca, SC (FHA|USDA|VA) 14 $5,980,000 $427,143 $3,536 3.01%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 14 $4,890,000 $349,286 $3,927 3.30%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 10 $4,130,000 $413,000 $4,675 3.09%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 7 $3,885,000 $555,000 $5,416 3.09%
Bellefontaine, OH (FHA|USDA|VA) 9 $3,715,000 $412,778 $3,695 2.89%
Sidney, OH (FHA|USDA|VA) 20 $3,110,000 $155,500 $3,347 3.16%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $2,660,000 $1,330,000 $7,424 3.81%
Wapakoneta, OH (FHA|USDA|VA) 6 $2,040,000 $340,000 $3,578 2.95%
Sandusky, OH (FHA|USDA|VA) 9 $1,945,000 $216,111 $3,139 2.79%
TOLEDO, OH (FHA|USDA|VA) 9 $1,835,000 $203,889 $2,971 2.76%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 6 $1,770,000 $295,000 $3,687 3.25%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 8 $1,650,000 $206,250 $3,378 3.30%
Norwalk, OH (FHA|USDA|VA) 17 $1,625,000 $95,588 $2,733 3.18%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 5 $1,595,000 $319,000 $5,144 2.90%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 10 $1,530,000 $153,000 $3,448 3.19%
Boone, NC (FHA|USDA|VA) 3 $1,515,000 $505,000 $3,405 3.29%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 4 $1,450,000 $362,500 $3,440 3.03%
Georgetown, SC (FHA|USDA|VA) 4 $1,330,000 $332,500 $3,160 3.09%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 3 $1,315,000 $438,333 $3,792 3.29%
LIMA, OH (FHA|USDA|VA) 3 $1,275,000 $425,000 $3,675 2.91%
COLUMBIA, SC (FHA|USDA|VA) 5 $1,255,000 $251,000 $3,973 3.15%
Key West, FL (FHA|USDA|VA) 4 $1,220,000 $305,000 $5,405 3.23%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 5 $1,195,000 $239,000 $4,547 3.20%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $1,130,000 $565,000 $5,143 3.63%
Forest City, NC (FHA|USDA|VA) 3 $1,045,000 $348,333 $4,033 3.01%
Wilmington, OH (FHA|USDA|VA) 4 $840,000 $210,000 $2,972 3.51%
PITTSBURGH, PA (FHA|USDA|VA) 2 $720,000 $360,000 $4,332 2.75%
Washington Court House, OH (FHA|USDA|VA) 6 $720,000 $120,000 $2,990 2.94%
Brevard, NC (FHA|USDA|VA) 2 $710,000 $355,000 $4,564 3.06%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $685,000 $685,000 $3,227 3.75%
Marion, NC (FHA|USDA|VA) 2 $680,000 $340,000 $2,769 3.13%
PANAMA CITY, FL (FHA|USDA|VA) 2 $670,000 $335,000 $4,147 2.44%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $655,000 $655,000 $6,953 3.63%
Tiffin, OH (FHA|USDA|VA) 3 $655,000 $218,333 $3,186 2.92%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $600,000 $300,000 $3,609 2.44%
KNOXVILLE, TN (FHA|USDA|VA) 2 $590,000 $295,000 $3,056 2.81%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $545,000 $545,000 $3,419 2.50%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $545,000 $545,000 $5,280 3.00%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $535,000 $535,000 $3,600 3.50%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $525,000 $525,000 $0 3.36%
Tullahoma-Manchester, TN (FHA|USDA|VA) 2 $520,000 $260,000 $2,867 2.88%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $495,000 $495,000 $3,864 3.13%
Cullowhee, NC (FHA|USDA|VA) 1 $425,000 $425,000 $3,496 3.00%
Toccoa, GA (FHA|USDA|VA) 1 $415,000 $415,000 $4,179 3.25%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $415,000 $415,000 $4,193 2.88%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $345,000 $345,000 $3,713 3.25%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $345,000 $345,000 $1,528 3.00%
Chillicothe, OH (FHA|USDA|VA) 2 $340,000 $170,000 $3,497 3.06%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $325,000 $325,000 $4,244 3.50%
DECATUR, IL (FHA|USDA|VA) 1 $315,000 $315,000 $2,530 2.88%
BRUNSWICK, GA (FHA|USDA|VA) 1 $305,000 $305,000 $3,099 2.63%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $295,000 $295,000 $2,420 2.75%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $295,000 $295,000 $4,150 4.24%
Findlay, OH (FHA|USDA|VA) 2 $290,000 $145,000 $2,679 2.56%
WHEELING, WV-OH (FHA|USDA|VA) 3 $275,000 $91,667 $2,993 3.46%
Greeneville, TN (FHA|USDA|VA) 1 $275,000 $275,000 $3,483 2.75%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $275,000 $275,000 $3,974 3.88%
Salem, OH (FHA|USDA|VA) 2 $260,000 $130,000 $3,505 3.56%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 1 $245,000 $245,000 $4,662 4.38%
WILMINGTON, NC (FHA|USDA|VA) 1 $245,000 $245,000 $4,093 3.00%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 2 $240,000 $120,000 $2,633 2.88%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $235,000 $235,000 $1,531 2.63%
Greenwood, SC (FHA|USDA|VA) 2 $230,000 $115,000 $2,557 3.06%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $225,000 $225,000 $2,248 2.63%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $225,000 $225,000 $3,607 2.63%
Decatur, IN (FHA|USDA|VA) 2 $220,000 $110,000 $2,741 2.94%
TUCSON, AZ (FHA|USDA|VA) 2 $220,000 $110,000 $3,153 2.75%
Coldwater, MI (FHA|USDA|VA) 1 $205,000 $205,000 $0 3.75%
SAGINAW, MI (FHA|USDA|VA) 1 $205,000 $205,000 $2,789 3.13%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $205,000 $205,000 $2,895 3.63%
Holland, MI (FHA|USDA|VA) 1 $205,000 $205,000 $2,137 2.88%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $195,000 $195,000 $2,976 3.00%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $185,000 $185,000 $2,789 2.25%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $175,000 $175,000 $2,769 3.50%
SAVANNAH, GA (FHA|USDA|VA) 1 $155,000 $155,000 $2,708 3.13%
WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 1 $135,000 $135,000 $3,207 2.38%
Traverse City, MI (FHA|USDA|VA) 1 $125,000 $125,000 $2,350 3.63%
Somerset, KY (FHA|USDA|VA) 1 $125,000 $125,000 $2,534 2.38%
MORRISTOWN, TN (FHA|USDA|VA) 1 $125,000 $125,000 $2,908 2.88%
PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 1 $115,000 $115,000 $4,357 2.88%
Richmond, IN (FHA|USDA|VA) 1 $105,000 $105,000 $3,740 2.63%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $95,000 $95,000 $2,582 3.13%
Elizabeth City, NC (FHA|USDA|VA) 1 $85,000 $85,000 $3,035 3.63%
Van Wert, OH (FHA|USDA|VA) 2 $80,000 $40,000 $2,303 3.06%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.15%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 1 $75,000 $75,000 $3,195 2.50%
Marietta, OH (FHA|USDA|VA) 1 $75,000 $75,000 $3,016 2.75%
FLORENCE, SC (FHA|USDA|VA) 1 $75,000 $75,000 $0 3.25%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $75,000 $75,000 $3,391 4.49%
MORGANTOWN, WV (FHA|USDA|VA) 1 $65,000 $65,000 $2,849 2.88%
MUNCIE, IN (FHA|USDA|VA) 1 $65,000 $65,000 $3,116 2.50%
Albemarle, NC (FHA|USDA|VA) 1 $35,000 $35,000 $0 3.99%

The Park National Bank's top markets include Columbus, Cincinnati, Mount Vernon, Zanesville, and Mansfield among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 6,268 $1,064,270,000 $169,794 $2,983 3.19%
FHA 33 $4,335,000 $131,364 $5,834 3.20%
VA 25 $4,735,000 $189,400 $5,465 2.53%
USDA 15 $1,775,000 $118,333 $4,676 3.44%

For the 2021 period, The Park National Bank's most frequently originated loan type of loans were Conventional, with 6,268 originations. Their 2nd most popular type is FHA, with 33 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 2,187 $464,385,000 $212,339 $3,347 3.32%
Refi 1,744 $306,400,000 $175,688 $2,754 3.03%
Cash Out Refi 1,232 $211,760,000 $171,883 $2,940 2.97%
Home Improvement 724 $49,260,000 $68,039 $2,398 3.44%
Other 454 $43,310,000 $95,396 $2,679 3.32%

For the 2021, The Park National Bank's most frequently cited loan purpose of loans were Home Purchase, with 2,187 originations. The 2nd most popular reason of loans were Refi, with 1,744 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 2,701 $570,595,000 $211,253 $3,200 3.24%
15 Year 1,390 $221,720,000 $159,511 $2,754 2.81%
10 Year 1,388 $108,960,000 $78,501 $2,410 3.28%
20 Year 594 $113,490,000 $191,061 $2,853 3.41%
Other 143 $28,425,000 $198,776 $2,974 3.29%
1 Year 86 $20,470,000 $238,023 $2,553 4.14%
5 Year 30 $8,480,000 $282,667 $1,447 3.89%
30+ year 7 $2,465,000 $352,143 $8,130 4.18%
3 Year 2 $510,000 $255,000 $0 3.64%

For the 2021, The Park National Bank's most frequently cited loan length of loans were 30 Year, with 2,701 originations. The 2nd most popular length of loans were 15 Year, with 1,390 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 3,873 $730,805,000 $188,692
$1k-2k 662 $115,780,000 $174,894
$2k-3k 92 $21,770,000 $236,630
$3k-4k 60 $14,640,000 $244,000
$5k+ 17 $7,365,000 $433,235

$3,200 of loans were The Park National Bank's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 3,873 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 3,094 $523,060,000 $169,056
2.5-3% 1,712 $316,720,000 $185,000
<2.5% 925 $140,825,000 $152,243
4-5% 576 $91,000,000 $157,986
5-6% 34 $3,510,000 $103,235

During 2021, The Park National Bank's average interest rate of loans were 3.24%, while their most frequently originated rate bucket of loans were 3-4%, with 3,094 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 2,283 $325,345,000 $142,508 $2,907 3.09%
$100,000 or less 2,243 $130,055,000 $57,983 $2,547 3.27%
$200k-400k 1,408 $381,620,000 $271,037 $3,312 3.18%
$400k-600k 312 $149,370,000 $478,750 $3,974 3.24%
$600k-1MM 65 $48,245,000 $742,231 $4,906 3.69%
$1MM+ 30 $40,480,000 $1,349,333 $7,919 3.55%

2021 saw The Park National Bank place emphasis on $100k-200k loans with 2,283 originations, totaling $325,345,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 1,373 $179,385,000 $130,652 $2,924 3.10%
$50k or less 1,224 $112,980,000 $92,304 $2,798 3.11%
$100k-150k 1,212 $235,060,000 $193,944 $3,133 3.16%
$75k-100k 1,014 $148,630,000 $146,578 $2,965 3.15%
$150k-250k 635 $149,915,000 $236,087 $3,295 3.20%
$250k+ 358 $133,250,000 $372,207 $3,800 3.19%

The Park National Bank lent most frequently to those with incomes in the $50k-75k range, with 1,373 originations. The second most popular income band? $50k or less, with 1,224 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 1,635 $255,955,000 $156,547 $2,936 3.04%
30-36% 1,215 $198,105,000 $163,049 $3,070 3.14%
<20% 767 $122,035,000 $159,107 $2,908 2.97%
38% 238 $38,810,000 $163,067 $3,100 3.21%
42% 234 $36,390,000 $155,513 $3,155 3.30%
41% 232 $36,390,000 $156,853 $3,100 3.26%
37% 227 $36,615,000 $161,300 $3,041 3.29%
39% 215 $36,525,000 $169,884 $3,089 3.27%
40% 201 $31,005,000 $154,254 $3,075 3.21%
36% 198 $35,110,000 $177,323 $3,058 3.20%
44% 188 $34,070,000 $181,223 $3,049 3.15%
43% 140 $25,730,000 $183,786 $3,018 3.12%
45% 110 $21,970,000 $199,727 $3,047 3.11%
46% 88 $19,060,000 $216,591 $3,242 3.09%
48% 69 $15,725,000 $227,899 $3,369 3.22%
47% 64 $12,840,000 $200,625 $3,086 3.08%
49% 35 $6,875,000 $196,429 $3,068 3.16%
50-60% 34 $7,950,000 $233,824 $3,397 3.38%
>60% 5 $1,515,000 $303,000 $3,453 3.53%

The Park National Bank lent most frequently to those with DTI ratios of 20-30%, with 1,635 originations. The next most common DTI ratio? 30-36%, with 1,215 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 5,523 $901,905,000 $163,300 $3,020 3.14%
Not applicable 336 $86,980,000 $258,869 $0 4.06%
Not provided 361 $62,025,000 $171,814 $2,959 3.10%
Asian 48 $10,610,000 $221,042 $3,565 3.00%
Black 56 $10,200,000 $182,143 $3,128 3.30%
American Indian 11 $2,055,000 $186,818 $3,099 2.85%
Asian Indian 2 $850,000 $425,000 $0 4.38%
Native Hawaiian 2 $290,000 $145,000 $2,668 2.69%
Other Asian 2 $200,000 $100,000 $0 3.88%

Approval Rates

Total approvals of all applications
84.82%

The Park National Bank has a below average approval rate.

Pick Rate

Approvals leading to origination
84.61%

The Park National Bank has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 6,341 $1,075,115,000 $169,550

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
6,341 $1,075,115,000 $169,550

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 813 $94,095,000 $115,738 $2,649 3.11%
40-60% 1,081 $176,415,000 $163,196 $2,817 2.94%
60-80% 2,215 $452,555,000 $204,314 $3,017 3.21%
80-100% 1,470 $317,550,000 $216,020 $3,345 3.27%
Over 100% 6 $1,000,000 $166,667 $8,281 2.90%
Under 20% 755 $33,395,000 $44,232 $1,837 3.39%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
The Park National Bank 1 West Main Street New Concord, OH 43762 Full Service B&M $58,397
The Park National Bank 1000 Sugarbush Dr. Ashland, OH 44805 Full Service B&M $26,194
The Park National Bank 120 North Water Street Loudonville, OH 44842 Full Service B&M $123,522
The Park National Bank 1201 Brandywine Blvd Zanesville, OH 43701 Full Service B&M $112,099
The Park National Bank 1274 Hill Road Pickerington, OH 43147 Full Service Retail $38,997
The Park National Bank 1280 North Memorial Drive Lancaster, OH 43130 Full Service B&M $111,606
The Park National Bank 129 Barks Rd Marion, OH 43302 Full Service B&M $83,012
The Park National Bank 1301 West Market Street Baltimore, OH 43105 Full Service B&M $70,287
The Park National Bank 1302 Wagner Avenue Greenville, OH 45331 Full Service B&M $33,584
The Park National Bank 1314 W Main Street Troy, OH 45373 Full Service B&M $60,525
The Park National Bank 137 North Main Street Fredericktown, OH 43019 Full Service B&M $89,181
The Park National Bank 14 South Fifth Street Zanesville, OH 43701 Full Service B&M $253,495
The Park National Bank 143 West Main Street Lancaster, OH 43130 Full Service B&M $297,774
The Park National Bank 154 Main Street Bellville, OH 44813 Full Service B&M $78,111
The Park National Bank 155 Mansfield Avenue Shelby, OH 44875 Full Service B&M $57,231
The Park National Bank 201 North Main Street New Carlisle, OH 45344 Full Service B&M $98,275
The Park National Bank 2035 South Dayton Lakeview Road New Carlisle, OH 45344 Full Service B&M $26,722
The Park National Bank 206 N. Main Street New Lexington, OH 43764 Full Service B&M $39,787
The Park National Bank 2127 Maysville Ave Zanesville, OH 43701 Full Service B&M $45,901
The Park National Bank 2148 G Eagle Pass Wooster, OH 44691 Full Service B&M $6,480
The Park National Bank 215 North Wayne Street Piqua, OH 45356 Full Service B&M $109,005
The Park National Bank 218 North Main Street Hendersonville, NC 28792 Full Service B&M $34,008
The Park National Bank 220 East State St. Newcomerstown, OH 43832 Full Service B&M $19,567
The Park National Bank 225 North Clay Street Millersburg, OH 44654 Full Service B&M $66,925
The Park National Bank 229 North 3rd Street Coshocton, OH 43812 Full Service B&M $19,720
The Park National Bank 245 North Seltzer Street Crestline, OH 44827 Full Service B&M $44,463
The Park National Bank 2730 East Main Street Springfield, OH 45503 Full Service B&M $45,546
The Park National Bank 276 East Main Street Lexington, OH 44904 Full Service B&M $65,558
The Park National Bank 4550 Eastgate Blvd Cincinnati, OH 45245 Full Service B&M $84,109
The Park National Bank 460 West Cook Road Mansfield, OH 44907 Full Service B&M $53,028
The Park National Bank 499 S Broadway Greenville, OH 45331 Full Service B&M $163,821
The Park National Bank 50 Marion Avenue Mansfield, OH 44903 Full Service B&M $29,762
The Park National Bank 50 North Third Street Newark, OH 43055 Full Service B&M $1,045,159
The Park National Bank 5100 State Route 132 Owensville, OH 45160 Full Service B&M $54,081
The Park National Bank 545 South Third Street Louisville, KY 40202 Full Service B&M $14,765
The Park National Bank 60 West Coshocton Street Johnstown, OH 43031 Full Service B&M $80,488
The Park National Bank 603 North Main Street Arcanum, OH 45304 Full Service B&M $44,792
The Park National Bank 61 N. Market Street Logan, OH 43138 Full Service B&M $41,629
The Park National Bank 6501 Calhoun Memorial Highway Easley, SC 29640 Full Service B&M $36,146
The Park National Bank 7140 North High Street Worthington, OH 43085 Full Service B&M $53,875
The Park National Bank 990 Military Rd Zanesville, OH 43701 Full Service B&M $153,222
The Park National Bank 990 North 21st Street Newark, OH 43055 Full Service B&M $105,592
The Park National Bank One South Main Street Mount Vernon, OH 43050 Full Service B&M $359,368
The Park National Bank 1001 East Main Street Lancaster, OH 43130 Full Service B&M $56,498
The Park National Bank 101 West Main Street Versailles, OH 45380 Full Service B&M $64,488
The Park National Bank 102 South Chillicothe Street South Charleston, OH 45368 Full Service B&M $41,889
The Park National Bank 103 East Main Street Hebron, OH 43025 Full Service B&M $77,630
The Park National Bank 10515 Anderson Road Easley, SC 29642 Full Service B&M $45,997
The Park National Bank 1075 Nimitzview Drive Cincinnati, OH 45230 Full Service B&M $75,616
The Park National Bank 1111 Metropolitan Avenue Charlotte, NC 28204 Full Service B&M $213,937
The Park National Bank 1127 Hendersonville Road Asheville, NC 28803 Full Service B&M $92,686
The Park National Bank 117 Wayne Street Fort Recovery, OH 45846 Full Service B&M $93,666
The Park National Bank 1176 West Main Street Tipp City, OH 45371 Full Service B&M $33,178
The Park National Bank 1187 Ohio Pike Amelia, OH 45102 Full Service B&M $69,579
The Park National Bank 119 East Broadway Granville, OH 43023 Full Service B&M $156,561
The Park National Bank 1600 Moorefield Road Springfield, OH 45503 Full Service B&M $38,812
The Park National Bank 1603 Covington Ave Piqua, OH 45356 Full Service B&M $41,599
The Park National Bank 161 East Main Street Xenia, OH 45385 Full Service B&M $130,919
The Park National Bank 1633 West Main Street Newark, OH 43055 Full Service B&M $111,080
The Park National Bank 17 West High Street Mount Gilead, OH 43338 Full Service B&M $97,611
The Park National Bank 1705 East Pike Zanesville, OH 43701 Full Service B&M $63,910
The Park National Bank 175 East Third Street Greenville, OH 45331 Full Service B&M $7,673
The Park National Bank 1756 North Limestone Street Springfield, OH 45503 Full Service B&M $47,908
The Park National Bank 1988 Baltimore Reynsburg Road Reynoldsburg, OH 43068 Full Service B&M $13,092
The Park National Bank 2 South Main Street Mechanicsburg, OH 43044 Full Service B&M $45,096
The Park National Bank 200 Civic Center Dr, Suite 700 Columbus, OH 43215 Full Service B&M $183,001
The Park National Bank 200 South Church Street Spartanburg, SC 29306 Full Service B&M $252,880
The Park National Bank 2810 Maysville Pike Zanesville, OH 43701 Full Service B&M $30,154
The Park National Bank 3 North Main Street Mansfield, OH 44902 Full Service B&M $255,260
The Park National Bank 304 North Main Street Anderson, SC 29621 Full Service B&M $87,218
The Park National Bank 325 North Lexington-Springmill Road Ontario, OH 44906 Full Service B&M $76,625
The Park National Bank 33 South Main Street Utica, OH 43080 Full Service B&M $64,221
The Park National Bank 35 West Main Street, Drawer F Centerburg, OH 43011 Full Service B&M $66,817
The Park National Bank 350 East Broad Street Pataskala, OH 43062 Full Service Retail $84,210
The Park National Bank 3680 Marion Drive Enon, OH 45323 Full Service B&M $79,519
The Park National Bank 3825 Edwards Road, Suite 520 Cincinnati, OH 45209 Full Service B&M $48,312
The Park National Bank 4 S Market St Danville, OH 43014 Full Service B&M $59,180
The Park National Bank 40 South Limestone Street Springfield, OH 45502 Full Service B&M $214,304
The Park National Bank 401 South Sandusky Avenue Bucyrus, OH 44820 Full Service B&M $113,543
The Park National Bank 758 Wheeling Avenue Cambridge, OH 43725 Full Service B&M $4,325
The Park National Bank 797 Ashland Road Mansfield, OH 44905 Full Service B&M $45,901
The Park National Bank 8 Public Square Galion, OH 44833 Full Service B&M $61,123
The Park National Bank 8 West Maple Street North Lewisburg, OH 43060 Full Service B&M $47,156
The Park National Bank 800 North Main Street Celina, OH 45822 Full Service B&M $27,956
The Park National Bank 800 South 30th Street Heath, OH 43056 Full Service B&M $115,773
The Park National Bank 810 Coshocton Avenue Mount Vernon, OH 43050 Full Service B&M $68,571
The Park National Bank 82 West Washington Street Jamestown, OH 45335 Full Service B&M $76,864
The Park National Bank 828-830 Scioto Street Urbana, OH 43078 Full Service B&M $87,384
The Park National Bank 8641 Blackjack Road Mount Vernon, OH 43050 Full Service B&M $22,986
The Park National Bank 889 North Trimble Road Mansfield, OH 44906 Full Service B&M $19,643
The Park National Bank 898 E. State Street Athens, OH 45701 Full Service B&M $28,608
The Park National Bank 91 West Dave Longaberger Ave Dresden, OH 43821 Full Service B&M $35,481
The Park National Bank 937 North Pleasantburg Drive Greenville, SC 29607 Full Service B&M $89,433
The Park National Bank 100 Downtowner Plaza Coshocton, OH 43812 Full Service B&M $79,335

For 2021, The Park National Bank had 94 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $336,705
Net interest income $328,398
Total noninterest income $123,009
Gross Fiduciary activities income $34,449
Service charges on deposit accounts $9,815
Trading account gains and fees $0
Additional Noninterest Income $78,745
Pre-tax net operating income $193,283
Securities gains (or losses, -) $3,793
Income before extraordinary items $159,461
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $159,461
Minority interest net income $0
Net income $159,461
Sale, conversion, retirement of capital stock, net $0
Net operating income $156,388

The Park National Bank's gross interest income from loans was $336,705,000.
The Park National Bank's net interest income from loans was $328,398,000.
The Park National Bank's fee based income from loans was $9,815,000.
The Park National Bank's net income from loans was $159,461,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $8,307
Provision for credit losses $-8,254
Total noninterest expense $266,378
Salaries and employee benefits $161,844
Premises and equipment expense $20,101
Additional noninterest expense $84,433
Applicable income taxes $37,615
Net charge-offs $-640
Cash dividends $110,000

The Park National Bank's interest expense for loans was $8,307,000.
The Park National Bank's payroll and benefits expense were $161,844,000.
The Park National Bank's property, plant and equipment expenses $20,101,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 1.0%
Real Estate loans 1.0%
Construction & Land Development loans 0.0%
Nonfarm, nonresidential loans 2.0%
Multifamily residential loans 0.0%
1-4 family residential loans 1.0%
HELOC loans 0.0%
All other family 1.0%
Commercial & industrial loans 1.0%
Personal loans 0.0%
Credit card loans 0.0%
Other individual loans 0.0%
Auto loans 0.0%
Other consumer loans 0.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $8,157,720
Deposits held in domestic offices $8,157,720
Deposits by Individuals, partnerships, and corporations $7,599,543
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $541,234
Deposits by Commercial banks and other depository institutions in U.S. $16,943
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $4,341,891
Demand deposits $4,341,891
Nontransaction accounts $3,815,829
Money market deposit accounts (MMDAs) $1,300,672
Other savings deposits (excluding MMDAs) $1,803,497
Total time deposits $711,660
Total time and savings deposits $3,815,829
Noninterest-bearing deposits $3,320,413
Interest-bearing deposits $4,837,307
Retail deposits $8,093,442
IRAs and Keogh plan accounts $178,071
Brokered deposits $0
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $9,535,304
Cash & Balances due from depository institutions $220,585
Interest-bearing balances $76,086
Total securities $1,779,326
Federal funds sold & reverse repurchase $0
Net loans and leases $6,785,491
Loan and leases loss allowance $83,111
Trading account assets $0
Bank premises and fixed assets $97,460
Other real estate owned $181
Goodwill and other intangibles $182,321
All other assets $469,940

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $9,535,304
Total Liabilities $8,526,070
Total deposits $8,157,720
Interest-bearing deposits $4,837,307
Deposits held in domestic offices $8,157,720
% insured (estimated) $80
Federal funds purchased and repurchase agreements $216,548
Trading liabilities $0
Other borrowed funds $25,000
Subordinated debt $25,000
All other liabilities $101,802

Issued Loan Types

Type Value (in 000's)
Net loans and leases $6,785,491
Loan and leases loss allowance $83,111
Total loans and leases (domestic) $6,868,602
All real estate loans $3,866,280
Real estate loans in domestic offices $3,866,280
Construction and development loans $322,793
Residential 1-4 family construction $118,353
Other construction, all land development and other land $204,440
Loans secured by nonfarm nonresidential properties $1,678,612
Nonfarm nonresidential secured by owner-occupied properties $701,018
Commercial real estate & other non-farm, non-residential $977,594
Multifamily residential real estate $165,686
1-4 family residential loans $1,573,339
Farmland loans $125,850
Loans held in foreign offices $0
Farm loans $50,489
Commercial and industrial loans $829,831
To non-U.S. addressees $0
Loans to individuals $1,687,786
Credit card loans $0
Related Plans $2,093
Consumer Auto Loans $1,098,181
Other loans to individuals $587,512
All other loans & leases $434,216
Loans to foreign governments and official institutions $0
Other loans $364,806
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $0
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $27,978
Non 1-4 family restructured loans & leases $17,710
Total loans and leases (foreign) $0

The Park National Bank had $6,785,491,000 of loans outstanding in 2021. $3,866,280,000 of loans were in real estate loans. $322,793,000 of loans were in development loans. $165,686,000 of loans were in multifamily mortgage loans. $1,573,339,000 of loans were in 1-4 family mortgage loans. $50,489,000 of loans were in farm loans. $0 of loans were in credit card loans. $1,098,181,000 of loans were in the auto loan category.

Small Business Loans

Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
Nonfarm, nonresidential loans - <$1MM 3,046 $665,133 $218,363
Nonfarm, nonresidential loans - <$100k 628 $22,737 $36,205
Nonfarm, nonresidential loans - $100-250k 1,049 $123,232 $117,476
Nonfarm, nonresidential loans - $250k-1MM 1,369 $519,164 $379,229
Commercial & Industrial, US addressed loans - <$1MM 6,717 $421,494 $62,750
Commercial & Industrial, US addressed loans - <$100k 4,785 $103,135 $21,554
Commercial & Industrial, US addressed loans - $100-250k 1,091 $98,288 $90,090
Commercial & Industrial, US addressed loans - $250k-1MM 841 $220,071 $261,678
Farmland loans - <$1MM 446 $64,246 $144,049
Farmland loans - <$100k 129 $5,779 $44,798
Farmland loans - $100-250k 195 $23,682 $121,446
Farmland loans - $250k-1MM 122 $34,785 $285,123
Agriculture operations loans - <$1MM 920 $40,114 $43,602
Agriculture operations loans - <$100k 774 $17,712 $22,884
Agriculture operations loans - $100-250k 91 $9,883 $108,604
Agriculture operations loans - $250k-1MM 55 $12,519 $227,618