Park National Corporation (NYSE: PRK) (“the company”) is a $12.7 billion asset bank holding company headquartered in Newark, OH. Through its subsidiary, The Park National Bank (“the bank”), PRK offers a full suite of commercial and consumer products and services through ~100 branches across Ohio, Kentucky, North Carolina, South Carolina, and Tennessee. Ohio represents the bulk of total deposits, with a #10 deposit market share. PRK has historically grown through a combination of organic growth and M&A, most recently acquiring First Citizens National Bank (“FIZN”) in February 2026, which added $2.6 billion in assets and provided entry into attractive Tennessee markets. The transaction also pushed PRK above the $10 billion asset threshold after the company had strategically managed its balance sheet below that level for several years.
PRK’s commercially oriented loan portfolio is reasonably balanced and diversified, mainly comprised of non-owner…
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