Park national corporation (PRK)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
Operating activities:
Net Income (Loss) Attributable to Parent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,889

20,040

21,039

19,044

24,301

18,269

21,810

19,577

17,096

19,029

20,034

20,710

16,287

11,982

18,886

31,475

10,610

20,381

28,953

22,196

-3,421

19,577

21,166

20,779

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

5,153

-213

1,967

1,919

2,498

3,359

2,940

1,386

260

-183

3,283

4,581

876

-1,282

-7,366

2,637

910

-658

2,404

1,612

1,632

-8,349

4,501

-1,260

-2,225

-85

2,498

673

329

5,188

16,655

5,238

8,338

20,218

16,438

12,516

14,100

42,626

14,654

13,250

16,550

Loan put provision

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

90

-154

2,701

662

-

-

-

-

-

-

-

-

Amortization of Deferred Loan Origination Fees, Net

1,866

1,749

1,814

1,680

1,583

1,527

1,576

1,549

1,506

1,406

1,531

1,435

1,386

10,718

-1,935

-1,830

-1,674

9,839

-1,678

-1,678

-1,565

-1,345

-946

-734

-1,135

-1,064

-934

-885

-728

-3,459

745

729

-134

-

-

-

-

-

-

-

-

Depreciation

2,507

2,443

2,246

2,297

2,133

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other than temporary impairment on investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

17

0

0

-

-

-

-

-

-

-

-

0

23

0

0

Amortization of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

112

113

112

139

139

140

1,754

1,527

669

669

669

822

822

842

936

Amortization of investment securities, net

-388

-353

-332

-417

-353

-330

-276

-251

-405

-460

-416

-339

-258

-144

-65

-22

-16

40

56

67

63

84

31

49

49

44

10

21

-42

-45

57

122

105

-

-

-

-

-

-

-

-

Depreciation, Amortization and Accretion, Net

766

-

1,182

838

32

-

6

-2,135

2,135

-

2,179

2,163

2,121

-

2,105

2,129

2,049

-

1,905

1,766

1,691

-

1,776

1,892

1,821

-

1,816

1,777

1,773

-

1,716

1,750

1,709

-874

2,857

2,816

2,784

-2,385

4,987

2,319

2,205

Unrealized gain loss on equity securities

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of prepayment penalty on long-term debt

-

-

-

-

-

-

-

-

-

-

1,604

1,548

1,559

1,558

1,549

1,538

1,531

1,525

1,518

1,507

1,497

1,350

1,232

1,227

1,222

1,217

1,208

1,208

1,202

0

0

0

0

-

-

-

-

-

-

-

-

Gain (Loss) on Sale of Investments

-

-

-

-

-

0

0

0

-2,271

1,821

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,367

3,465

15,362

6,635

23,683

0

-20,123

8,304

Loss (gain) on equity securities, net

-973

-191

3,335

232

1,742

-17

89

1,055

3,489

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan originations to be sold in secondary market

88,824

114,123

112,276

77,619

34,419

49,734

56,803

55,911

40,379

62,605

61,570

64,315

42,370

82,146

94,910

70,381

40,285

57,036

61,136

62,358

40,270

39,741

37,406

36,784

22,194

33,615

52,896

90,319

140,704

149,943

128,775

86,969

77,203

-

-

-

-

-

-

-

-

Proceeds from sale of loans in secondary market

79,139

126,371

105,558

73,585

35,123

53,292

59,994

55,781

38,769

71,436

63,657

60,198

46,848

88,516

93,607

71,174

36,835

62,192

60,128

62,211

38,254

41,874

38,130

34,403

20,802

37,617

64,459

87,416

156,212

155,890

119,247

81,724

77,628

-

-

-

-

-

-

-

-

Share-based compensation expense

1,254

2,572

1,232

1,162

1,358

1,999

1,047

896

1,121

1,826

727

563

826

1,625

397

324

468

1,124

234

211

259

904

135

117

103

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Sales of Loans, Net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

756

1,867

0

0

0

-4,996

9,053

-2,546

-1,511

-5,062

2,803

1,077

1,182

-

-

-

-

-

-

-

-

Other Real Estate Owned Devaluations

-

-

-

-

-

93

77

114

207

91

22

272

73

-

233

221

118

-

718

251

304

-

935

675

416

-

2,030

600

-401

-

425

2,648

1,359

-

588

3,355

2,535

-

1,555

1,919

1,145

Loss on sale of OREO, net

-196

2

-53

-159

-12

142

-81

-147

4,321

47

51

53

100

244

783

162

134

175

243

513

673

45

2,149

2,603

706

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bank owned life insurance income

1,248

1,158

1,107

1,286

1,006

2,190

2,585

1,031

1,009

1,068

1,573

1,114

1,103

1,054

1,038

1,049

1,197

1,245

1,574

1,086

1,878

1,153

1,420

1,026

1,262

1,274

1,311

1,254

1,202

1,184

1,184

1,184

1,202

1,403

1,229

1,228

1,229

-

-

-

-

Investment in qualified affordable housing tax credits amortization

1,800

1,500

1,800

1,800

1,800

1,700

1,900

1,800

1,900

4,708

1,864

1,864

1,864

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

4,593

-7,178

-2,715

-3,530

1,118

-2,819

-3,440

-4,313

1,159

-4,448

2,424

-187

3,366

-

8,816

56

7,018

-

-6,656

10,726

8,391

-

-3,859

14,144

2,665

-

-24,043

-7,536

13,816

-

-5,128

-8,318

30,906

-

-3,975

16,198

19,547

-

12,072

7,871

10,678

Decrease in other liabilities

-5,595

-4,909

5,174

-896

-3,150

595

2,805

4,540

-2,809

-7,276

-108

-4,331

-63

-3,437

7,986

-2,535

-8

4,387

-11,939

12,045

-3,320

10,713

-5,986

7,723

-6,761

-3,380

-1,934

758

-768

7,534

-6,014

-3,420

2,854

-17,336

8,176

4,873

-6,539

-532

2,469

2,322

-4,079

Net cash provided by operating activities

8,762

37,043

27,775

21,541

24,655

34,819

36,720

38,204

22,054

20,020

26,660

16,890

23,116

30,077

20,637

24,289

12,884

35,404

19,156

26,486

8,188

28,949

22,023

12,009

8,762

12,666

50,942

31,952

25,728

67,162

22,656

31,570

17,411

46,418

48,390

20,394

8,334

46,344

32,015

30,432

18,554

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

-1,200

-4,711

-508

-4,056

-5,400

1

-7,004

0

0

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

8,946

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of investment securities

-

-

-

-

-

-

1

-7,657

252,055

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Sale of Available-for-sale Securities

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

48,805

216,264

206,399

113,105

115,867

0

60,294

284,031

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

47,922

50,138

51,250

50,535

44,066

45,966

54,852

55,911

41,097

65,201

45,428

42,926

40,382

46,691

136,392

228,363

341,879

122,728

86,937

32,958

78,523

27,124

26,856

23,531

21,581

19,622

27,331

29,094

309,212

62,542

139,236

234,775

229,878

206,326

151,286

124,869

75,071

883,742

536,324

548,531

269,462

Held-to-maturity securities

0

0

250

157

68

445

217

8,233

1,652

2,162

2,893

3,381

5,990

10,600

8,146

6,171

4,984

7,245

10,113

11,856

7,179

9,724

11,955

9,632

10,125

11,936

37,790

53,463

116,140

155,832

222,086

146,494

157,101

173,778

193,725

27,928

59,506

-19,335

123,942

19,901

22,478

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

-

-

-

-

-

-

-

-

-

17,226

24,035

41,315

30,943

79,890

19,589

31,681

9,885

42,130

6,096

0

0

-

-

-

-

-

-

-

-

4,618

19,468

119,466

119,127

-

-

-

-

236,164

75,273

0

2,205

Payments to Acquire Debt Securities, Available-for-sale

-

-

-

-

-

0

0

103,367

270,005

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Available-for-sale debt securities

-

-

-

-

-

-

-

-

-

-

14,719

14,965

0

105,379

58,927

154,944

259,756

277,344

0

150,342

29,931

223,412

97,964

14,747

14,811

149,833

126,392

106,792

199,711

199,068

255,638

90,000

419,998

280,916

29,996

99,125

231,714

1,053,440

579,757

552,391

533,677

Equity securities

1,071

100

0

0

0

0

0

2,489

101

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments to Acquire Federal Reserve Bank Stock

0

1,248

2,494

86

2,600

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loan originations, portfolio loans

6,818

103,586

14,711

50,147

47,909

69,342

41,135

29,126

-82,288

23,528

1,601

48,092

46,115

90,380

53,439

66,151

-10,476

72,930

98,590

71,147

5,215

52,820

68,625

110,117

2,455

53,881

85,743

64,284

8,403

77,875

23,057

62,706

23,102

49,713

-2,374

-880

25,403

93,641

18,763

71,622

-30,349

Payment to Acquire Life Insurance Policy, Investing Activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

4,600

0

0

287

2,213

0

0

0

3,000

0

0

0

4,562

Sales of assets/liabilities related to Vision Bank

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

144,436

-

-

-

-

-

-

-

-

Payments for Affordable Housing Programs

2,546

2,195

209

976

2,658

0

0

0

0

-

-

-

-

10,474

239

1,469

2,847

1,028

1

1,698

2,591

1,233

0

184

8,000

199

769

7,000

254

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in other investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,350

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Sale of Other Loans Held-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

900

20,966

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the sale of OREO

383

367

198

719

181

1,175

458

1,645

9,816

558

675

1,014

674

1,750

3,862

1,705

1,387

1,869

3,020

8,308

3,861

1,176

7,450

14,485

4,687

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Life insurance death benefits

0

227

0

760

584

4,068

2,649

0

1,379

0

963

0

74

0

0

285

765

306

813

0

5,221

647

830

0

744

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of premises and equipment

6,343

3,244

2,975

5,764

2,902

4,388

3,195

1,477

2,473

2,023

2,521

1,095

1,379

1,950

1,587

2,348

1,581

1,897

2,761

3,302

3,401

2,579

1,546

1,196

2,123

1,111

1,110

1,874

4,747

1,114

3,871

1,854

125

1,853

710

2,065

1,990

1,023

3,285

1,432

1,862

Net cash provided by (used in) investing activities

32,743

-57,646

70,486

52,989

-5,750

-21,252

33,998

-83,009

115,708

21,714

7,083

-58,146

-31,317

-232,532

14,619

-20,069

85,422

-260,037

-6,565

-183,412

54,546

-47,772

-121,044

-78,108

17,344

-73,993

-148,893

-97,393

207,637

-74,265

59,666

108,275

-322,022

-73,807

179,167

183,476

-14,425

-403,885

-16,701

3,281

64,014

Financing activities:
Net increase in deposits

237,611

-115,511

136,379

74,439

64,389

-18,036

-20,892

-68,450

266,968

-156,996

12,746

41,016

398,604

2,297

-104,220

17,089

259,148

-107,340

-57,384

-3,481

387,847

-1,004

201,793

-49,487

186,704

-60,698

-622

-65,227

200,509

-77,045

-29,898

5,587

352,274

-91,475

-168,330

-57,161

219,258

-4,610

-68,784

-100,044

80,806

Net decrease in short-term borrowings

-37,284

44,819

5,260

-60,754

-9,397

42,148

-36,321

32,049

-207,199

198,393

9,108

-36,075

-174,932

176,581

7,483

-8,912

-174,599

115,918

39,706

-1,343

-37,019

8,262

18,029

-1,205

9,865

-30,476

49,016

-20,513

-100,166

68,260

35,306

3,915

-26,907

20,523

8,959

-82,607

-346,950

378,012

4,900

13,682

-57,144

Proceeds from issuance of long-term debt

0

0

-25,000

50,000

25,000

25,000

0

0

25,000

0

0

100,000

50,000

0

0

0

0

0

0

0

25,000

75,000

25,000

0

25,000

25,000

25,000

25,000

0

-

-

-

-

0

3,000

50,000

150,000

-

-

-

-

Repayments of Long-term Debt

52,500

105,000

77,500

25,000

50,000

25,000

0

25,000

100,000

350,000

0

0

0

-

-

-

-

532

0

0

79,544

78,433

25,012

512

50,013

25,012

8

25,917

15

324,615

14

14,119

1,381

540

480

15,507

24

5,984

10,024

1,620

20

Payment, Tax Withholding, Share-based Payment Arrangement

837

0

0

0

827

0

0

0

610

0

0

0

347

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common shares to be held as treasury shares

7,507

0

7,583

24,450

8,502

0

0

5,784

0

0

1,953

0

5,425

-

0

0

0

-

2,496

0

1,783

-

0

0

1,485

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash payment for fractional shares in dividend reinvestment plan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

0

-1

-

0

-1

-1

Cash dividends paid

20,024

16,475

16,596

16,739

19,303

15,069

15,060

18,432

14,452

14,371

14,371

14,378

14,373

14,421

14,410

14,411

14,411

14,430

14,448

14,449

14,449

14,469

14,469

14,468

14,470

14,488

14,487

14,488

14,486

14,487

14,483

15,453

15,731

15,732

15,724

15,726

15,725

15,658

15,634

15,544

15,240

Net cash provided by financing activities

119,459

-192,167

14,960

-2,504

1,360

9,043

-72,273

-85,617

-30,293

-322,974

5,530

60,563

253,527

108,903

-111,147

-6,234

70,138

-8,163

-34,622

-19,273

280,052

-46,764

205,341

-65,672

155,601

-106,517

58,899

-101,145

85,842

-72,887

-9,089

-92,913

308,255

-87,222

-172,576

-121,001

6,558

357,735

-83,273

-82,228

8,401

Increase in cash and cash equivalents

160,964

-212,770

113,221

72,026

20,265

22,610

-1,555

-130,422

107,469

-281,240

39,273

19,307

245,326

-93,552

-75,891

-2,014

168,444

-232,796

-22,031

-176,199

342,786

-65,587

106,320

-131,771

181,707

-167,844

-39,052

-166,586

319,207

-79,990

73,233

46,932

3,644

-114,611

54,981

82,869

467

194

-67,959

-48,515

90,969

Supplemental disclosures of cash flow information:
Cash paid for interest

12,723

15,147

17,852

16,219

13,820

13,176

11,658

9,648

9,118

10,795

11,485

10,493

9,765

-

9,740

9,563

9,454

-

9,334

9,445

9,446

-

9,858

9,958

9,858

-

10,486

10,738

10,795

-

12,703

13,180

12,992

-

14,761

15,423

15,217

-

17,952

19,622

20,494

Income Taxes Paid

-

-

-

-

-

-

-

-

-

7,500

7,470

3,720

7,500

9,800

8,480

8,980

0

6,320

11,120

8,700

0

9,190

7,420

11,200

0

8,000

7,500

4,500

0

0

6,000

1,000

0

-

3,000

13,700

0

-

7,200

12,000

0

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

151

720

236

147

568

167

176

233

628

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other repossessed assets, transfer to repossessed assets

-

-

-

-

-

-

-

-

2,448

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Significant Noncash Transaction, Value of Consideration Received

7,755

124

342

39

10,970

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans transferred to OREO

-

-

-

-

-

-

-

-

-

-

100

2,443

448

-

709

1,708

439

-

1,744

3,831

7,270

-

1,533

1,490

4,802

-

4,969

5,519

7,103

-

3,743

8,104

4,448

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

144

0

21,985

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities acquired through payable

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-308

-12,525

17,156

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-92,051

88,223

25,000

-

62,043

-26,470

112,450

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

1,938

2,540

2,235

1,601

822

1,275

1,338

1,321

945

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Consumer Portfolio Segment [Member]
Increase in prepaid dealer premiums

-219

-733

-2,367

-1,977

-281

101

-320

-608

-471

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-