Park national corporation (PRK)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Net Cash Provided by (Used in) Operating Activities [Abstract]
Interest Paid, Including Capitalized Interest, Operating and Investing Activities

-

-

-

38,359

37,655

40,449

42,481

51,877

-

-

-

-

Operating activities:
Net Income (Loss) Attributable to Parent

102,700

110,387

84,242

86,135

81,012

83,957

76,869

78,630

82,140

58,101

74,192

13,708

Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses

6,171

7,945

8,557

-5,101

4,990

-7,333

3,415

35,419

63,272

87,080

68,821

70,487

Loan put provision

-

-

-

-

-

-

-

3,299

0

0

-

-

Amortization of Deferred Loan Origination Fees, Net

6,826

6,158

5,758

5,279

4,918

-4,160

-3,611

-2,119

-2,871

-4,179

-3,500

4,650

Goodwill, Purchase Accounting Adjustments

-3,373

-793

0

0

-

-

-

-

-

-

-

-

Depreciation

9,119

8,585

8,644

8,396

7,347

7,243

7,315

6,954

-

-

-

7,517

Other than temporary impairment on investment securities

-

-

-

-

-

-

17

54

0

23

613

980

Goodwill impairment charge

-

-

-

-

-

-

-

-

-

-

-

54,986

Amortization of intangible assets

-

-

-

-

-

-

337

2,172

3,534

3,422

3,746

4,025

Amortization of investment securities, net

-1,455

-1,262

-1,473

-247

226

213

33

239

-490

2,413

2,682

1,592

Depreciation, Amortization and Accretion, Net

-

-

-

-

-

-

-

-

7,583

7,126

7,473

-

Amortization of prepayment penalty on long-term debt

-

-

-

6,176

6,047

5,031

4,835

0

-

-

-

-

Long-term Debt, Prepayment Penalty

0

0

5,719

5,554

532

0

-

-

-

-

-

-

Gain on sale of credit card portfolio

-

-

-

-

-

-

-

-

-

-

-

7,618

Deferred Income Tax Expense (Benefit)

-844

538

3,289

581

-250

2,528

-1,932

12,717

28,466

-9,603

-8,932

-1,590

Gain (Loss) on Sale of Investments

-421

-2,271

1,821

0

0

-1,158

0

0

28,829

11,864

7,340

1,115

Loss (gain) on equity securities, net

5,118

4,616

1,210

0

-

-

-

-

-

-

-

-

Compensation expense for issuance of treasury shares to directors

-

-

-

-

-

-

-

-

388

449

434

-

Loan originations to be sold in secondary market

338,437

202,827

230,860

287,722

220,800

136,125

317,534

442,890

269,922

443,369

-

-

Net loan originations, excluding loan sales

-

-

-

-

-

-

-

-

-

-

814,981

-512,752

Proceeds from sale of loans in secondary market

340,637

207,836

242,139

290,132

222,785

135,209

345,704

434,489

263,170

443,360

615,072

-

Stock dividends on Federal Home Loan Bank stock

-

-

-

-

-

-

-

-

-

-

-

-2,269

Share-based compensation expense

6,324

5,063

3,942

2,814

1,828

1,259

850

407

-

-

-

439

Gain (Loss) on Sales of Loans, Net

0

2,826

0

0

756

1,867

0

0

3,557

1,220

-

-

OREO valuation adjustments

-

-

-

-601

-1,592

-2,406

-3,180

-6,872

-8,219

-13,206

-6,818

-

Other Real Estate Owned Devaluations

225

491

458

-

-

-

-

-

-

-

-

-

Loss on sale of OREO, net

-222

4,235

251

1,323

1,604

5,503

3,110

4,414

-

-

-

-

Bank owned life insurance income

4,557

6,815

4,858

4,338

5,783

4,861

5,041

4,754

5,089

4,978

-

-

Investment in qualified affordable housing tax credits amortization

6,900

7,300

10,300

7,300

6,664

-

-

-

-

-

-

-

Decrease (increase) in other assets

-

-

-

7,042

3,448

18,313

-12,222

14,171

18,722

18,774

43,683

-

Changes in assets and liabilities:
Increase (Decrease) in Prepaid Expense and Other Assets

0

0

-15,000

0

0

-

-

-

-

-

-

-

Increase (Decrease) in Other Operating Assets and Liabilities, Net [Abstract]
Increase in other assets

-12,305

-9,413

1,155

-

-

-

-

-

-

-

-

42,409

Decrease in other liabilities

-3,781

5,131

-11,778

2,006

1,173

5,689

-5,324

954

-10,826

180

-30,622

239

Cash included in assets held for sale

-

-

-

-

-

-

-

-

6,766

0

-

-

Net cash provided by operating activities

111,014

131,797

86,686

87,887

89,234

71,743

121,288

138,799

123,536

127,345

72,338

91,138

Investing activities:
Payments for (Proceeds from) Federal Home Loan Bank Stock

-14,675

-7,003

0

0

-

8,946

0

0

-

-

-

-

Proceeds from Sale of Debt Securities

91,110

244,399

2,265

0

-

-

-

-

-

-

-

-

Proceeds from sales of held-to-maturity securities

-

-

-

-

-

-

-

-

25,410

0

-

-

Proceeds from Sale of Available-for-sale Securities

-

-

-

-

3,144

173,123

75,000

0

584,573

460,192

204,304

80,894

Proceeds from Sale, Maturity and Collection of Investments [Abstract]
Available-for-sale securities

195,989

197,826

193,937

753,325

321,146

99,092

385,259

666,431

557,552

2,238,059

426,841

303,160

Held-to-maturity securities

475

10,547

14,426

29,901

36,393

41,436

219,329

681,513

454,937

146,986

40,105

7,116

Payments to Acquire Investments [Abstract]
Payments to Acquire Held-to-maturity Securities

0

7,133

113,519

141,045

48,226

0

0

262,679

625,925

313,642

118,667

270,045

Payments to Acquire Debt Securities, Available-for-sale

0

373,372

29,684

-

-

-

-

-

-

-

-

-

Available-for-sale debt securities

-

-

-

579,006

457,617

350,934

582,728

964,704

641,751

2,719,265

349,895

422,512

Equity securities

100

2,590

0

3,500

-

-

-

-

-

-

-

-

Payments to Acquire Federal Reserve Bank Stock

6,428

0

0

-

-

-

-

-

-

-

-

-

Increase (Decrease) in Equity Securities, FV-NI

-6,429

-1,153

-1,305

-

-

-

-

-

-

-

-

-

Proceeds from sale of credit card portfolio

-

-

-

-

-

-

-

-

-

-

-

38,841

Net loan originations, portfolio loans

216,353

57,315

119,336

199,494

247,882

234,017

212,311

186,740

71,862

153,677

-

-161,475

Payment to Acquire Life Insurance Policy, Investing Activities

3,000

0

0

-

10,045

0

4,600

2,500

3,000

4,562

-

8,401

Sales of assets/liabilities related to Vision Bank

-

-

-

-

-

-

-

144,436

0

0

-

-

Payments for Affordable Housing Programs

6,038

0

7,000

15,029

5,318

9,417

8,222

9,964

-

-

-

-

Net increase in other investments

-

-

-

-

0

1,350

0

1,697

1,095

220

-114

3,371

Proceeds from Sale of Other Loans Held-for-sale

0

3,000

0

0

900

20,966

0

0

-

-

-

-

Proceeds from the sale of OREO

1,465

13,094

2,921

8,704

17,058

27,798

23,043

26,988

-

-

-

-

Life insurance death benefits

1,571

8,096

1,037

1,050

6,340

2,221

1,430

-

-

-

-

-

Purchases of premises and equipment

14,885

11,533

7,018

7,466

11,361

7,444

8,842

6,964

6,618

7,602

8,011

9,436

Payments to Acquire Businesses, Net of Cash Acquired

4,831

-12,270

0

-

-

-

-

-

-

-

-

-

Cash received from acquisitions, net

-

-

-

0

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

60,079

45,445

-60,666

-152,560

-395,468

-229,580

-112,642

-228,346

274,411

-353,291

-5,346

-635,031

Financing activities:
Net increase in deposits

159,696

159,590

295,370

174,314

219,642

338,006

73,962

250,918

-97,708

-92,632

426,302

322,511

Net decrease in short-term borrowings

-20,072

-169,323

-3,506

553

117,262

34,951

-102,139

80,574

-400,075

339,450

-334,977

-100,122

Issuance of preferred stock

-

-

-

-

-

-

-

-

-

-

-

100,000

Issuance of treasury shares, net

-

-

-

-

-

-

-

-

-

33,541

53,475

-

Proceeds from issuance of subordinated notes

-

-

-

-

-

-

-

30,000

0

0

35,250

-

Proceeds from issuance of long-term debt

50,000

50,000

150,000

0

25,000

125,000

75,000

300,000

203,000

0

60,100

690,100

Repayments of Subordinated Debt

0

0

30,000

0

0

35,250

0

25,000

0

0

-

-

Repayments of Long-term Debt

257,500

150,000

350,000

55,554

80,076

153,970

50,952

340,129

16,551

17,648

261,278

424,951

Payment, Tax Withholding, Share-based Payment Arrangement

827

610

347

0

0

-

-

-

-

-

-

-

Repurchase of common shares to be held as treasury shares

40,535

5,784

7,378

-

-

-

-

-

-

-

-

-

Cash payment for repurchase of common share warrant from U.S. Treasury

-

-

-

-

-

-

-

2,843

0

0

-

-

Repurchase of preferred shares from U.S. Treasury

-

-

-

-

-

-

-

100,000

0

0

-

-

Treasury Stock, Value, Acquired, Cost Method

-

-

-

-

-

-

-843

0

-

-

-

-

Cash dividends paid

69,113

63,013

57,493

57,653

57,776

57,876

57,949

60,154

62,907

62,076

58,035

65,781

Net cash provided by financing activities

-178,351

-179,140

-3,354

61,660

217,994

248,506

-62,921

133,366

-374,241

200,635

-79,163

521,757

Increase in cash and cash equivalents

-7,258

-1,898

22,666

-3,013

-88,240

90,669

-54,275

43,819

23,706

-25,311

-12,171

-22,136

Supplemental disclosures of cash flow information:
Cash paid for interest

63,038

43,600

42,538

-

-

-

-

-

-

-

-

-

Income Taxes Paid

15,186

7,345

26,190

27,260

26,140

27,810

20,000

7,000

-

-

-

-

Noncash Investing and Financing Items [Abstract]
Debt Securities, Held-to-maturity, Transfer, Amount

373,900

0

0

-

-

-

-

-

-

-

-

-

Non cash activities:
Real Estate Owned, Transfer to Real Estate Owned

1,671

1,204

3,457

3,339

13,447

12,780

22,144

23,634

-

-

-

-

Other Significant Noncash Transaction, Value of Consideration Received

11,475

0

0

-

-

-

-

-

-

-

-

-

Other repossessed assets, transfer to repossessed assets

0

11,379

5,553

-

-

-

-

-

-

-

-

-

Transfer of Portfolio Loans and Leases to Held-for-sale

-

-

-

-

144

21,985

0

0

-

-

-

-

Affordable Housing Program Obligation, Period Increase (Decrease)

10,000

8,000

7,000

9,000

9,000

8,000

7,000

-

-

-

-

-

Mortgage Loans on Real Estate [Member]
Gain on sale of loans in secondary market

7,198

4,879

5,014

5,517

-

-

-

-

-

-

-

-

Foreclosed Asset [Domain]
Decrease (increase) in other assets

-

-

-

0

-

-

-

-

-

-

-

-

Consumer Portfolio Segment [Member]
Increase in prepaid dealer premiums

-5,358

-1,298

-4,350

-5,733

-

-

-

-

-

-

-

-

Treasury Stock, Common [Member]
Payments for Repurchase of Equity

-

-

-

0

-

-

-

-

-

-

-

-

Reported Value Measurement [Member]
Debt Securities, Held-to-maturity, Transfer, Amount

349,773

-

-

-

-

-

-

-

-

-

-

-