Park National Corp

parknationalcorp.com

Park National Corp (NYSE: PRK) is a bank holding company that provides commercial and consumer banking services through its subsidiary, Park National Bank. It makes money primarily through net interest income, earned on loans and investment securities funded by customer deposits, and to a lesser extent through fee-based income including mortgage banking and service charges. The company operates across Ohio and select surrounding markets, competing with regional and community banks for retail, commercial, and mortgage customers. Its subsidiaries referenced in the FY2025 10-K (filed 2026-02-23) include NewDominion Bank and Carolina Alliance (CAB Financial Corporation). Park offers products spanning commercial loans, consumer loans, mortgage origination and servicing, automated clearing house processing, and retirement plan services including its KSOP, a combined ESOP and 401(k) plan. Credit risk management, interest rate sensitivity, and mortgage banking income volatility are identified as material operating factors in the filing.