Derivatives (Tables)

9 Months Ended

Sep. 30, 2025

Schedule of Derivative Instruments [Table Text Block]

Summary information about Park's interest rate swaps at September 30, 2025 and at December 31, 2024 follows:


	September 30, 2025			December 31, 2024
(In thousands, except weighted average data)	Loan Derivatives			Loan Derivatives
Notional amounts	$	13,436		$	15,445
Weighted average pay rates	4.525		%	4.504		%
Weighted average receive rates	4.525		%	4.504		%
Weighted average maturity (years)	5.1			5.4
Unrealized losses	$	—		$	—

Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]

The following table reflects the interest rate swaps included in the consolidated condensed balance sheets at September 30, 2025 and at December 31, 2024.


(In thousands)	September 30, 2025				December 31, 2024
	Notional Amount		Fair Value		Notional Amount		Fair Value
Included in "Other assets":
Loan derivatives - instruments associated with loans
Matched interest rate swaps with borrower	$	—	$	—	$	—	$	—
Matched interest rate swaps with counterparty	13,436		570		15,445		1,009
Total included in "Other assets"	$	13,436	$	570	$	15,445	$	1,009

Included in "Other liabilities":
Loan derivatives - instruments associated with loans
Matched interest rate swaps with borrower	$	13,436	$	(570)	$	15,445	$	(1,009)
Matched interest rate swaps with counterparty	—		—		—		—
Total included in "Other liabilities"	$	13,436	$	(570)	$	15,445	$	(1,009)

PARK NATIONAL CORP /OH/ 10-Q