Welcome to our dedicated page for Park National SEC filings (Ticker: PRK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Park National Corporation filings document the company's financial-services operations, shareholder governance and material events. Form 8-K reports cover quarterly and annual financial results, non-GAAP reconciliations, Regulation FD investor presentations, financial releases and items affecting period comparability, including merger and acquisition activity.
Proxy and annual-meeting filings describe director elections, board committee matters, executive compensation, shareholder voting and equity incentive plans, including the 2026 Long-Term Incentive Plan for Employees. Material-event filings also record the completed First Citizens Bancshares merger, the related bank merger into The Park National Bank, capital-structure disclosures, officer and director changes and exhibits tied to investor communications.
Park National Corporation is sharing an investor presentation that highlights its growth and capital strength following the February 1, 2026 acquisition of First Citizens Bancshares, Inc. As of March 31, 2026, Park reports $13.0 billion in assets, $9.67 billion in loans, and $11.0 billion in deposits.
Adjusted net income for Q1 2026 was $53.5 million, with an adjusted return on average assets of 1.83% and adjusted return on average tangible common equity of 16.21%. The bank emphasizes a high-quality funding base, with 28% of deposits non-interest bearing and non-interest income contributing just over 21% of operating revenue.
Capital ratios remain robust, including a 13.5% Common Equity Tier 1 ratio and a total risk-based capital ratio of 14.71%. Asset quality and credit protection are supported by an allowance for credit losses equal to 1.12% of total loans and net charge-offs of 0.12% of total loans for Q1 2026.
Park National Corporation reported first-quarter 2026 results that reflect both organic growth and the impact of its acquisition of First Citizens Bancshares, Inc. Total assets rose to $12.98 billion at March 31, 2026, up from $9.81 billion at year-end 2025, driven largely by acquired loans and deposits.
For the quarter, Park generated net income of $41.7 million, slightly below $42.2 million a year earlier, with diluted EPS of $2.39 versus $2.60. Net interest income increased to $125.8 million from $104.4 million, and other income rose to $33.7 million. Operating costs also climbed, including $15.5 million of merger-related expenses. Park issued 1,988,131 common shares as consideration in the First Citizens transaction, valued at about $324.1 million, and recorded $103.8 million of goodwill and new core deposit and customer relationship intangibles.
Vanguard Portfolio Management reported beneficial ownership of 975,031 shares of Park National Corp common stock, equal to 5.39% of the class as of 03/31/2026. Vanguard has sole dispositive power over 975,031 shares and sole voting power over 5,703 shares. The filing is a Schedule 13G disclosure signed by Ashley Grim on 04/29/2026.
Park National Corporation approved new 2026 long-term incentive plans for employees and non-employee directors at its 2026 Annual Meeting of Shareholders held on April 27, 2026. These plans replace the 2017 incentive plans while preserving previously granted awards under their existing terms.
The employee plan authorizes up to 1,500,000 common shares for equity and cash-based awards, with annual and per-employee limits. The director plan authorizes 150,000 common shares with tighter annual and per-director caps. Shareholders also re-elected four directors, approved executive pay on an advisory basis, and ratified Crowe LLP as independent auditor.
Park National Corporation presented updated performance metrics and strategic context for its banking franchise following the completed merger with First Citizens Bancshares, Inc. For March 31, 2026, total assets were $12,984 million, total loans $9,667 million, and total deposits $11,001 million, with shareholders’ equity of $1,670 million.
For Q1 2026, Park reported net interest income of $125,780 thousand and net income of $41,687 thousand, compared with $104,377 thousand and $42,157 thousand in Q1 2025. Net interest margin was 4.80% on a fully taxable equivalent basis, with an annualized return on average assets of 1.43% and return on average shareholders’ equity of 10.67%.
Park National Corporation reported Q1 2026 net income of $41.7 million, down 1.1% from $42.2 million a year earlier, as merger-related costs weighed on results. Diluted EPS was $2.39 versus $2.60 in Q1 2025.
On February 1, 2026, Park completed its all‑stock acquisition of First Citizens Bancshares, Inc., valued at $324.1 million, adding $2.6 billion of assets, $1.6 billion of loans and $2.2 billion of deposits. Park recorded $15.5 million of merger-related expenses in the quarter.
Total loans reached $9.67 billion and total deposits $11.00 billion at March 31, 2026, up 22.6% and 34.1% year over year. Net interest income rose 20.5% to $125.8 million, while the efficiency ratio deteriorated to 65.52%. The allowance for credit losses increased to $108.6 million, or 1.12% of loans, largely from the day‑one provision on the acquisition.
Park’s board declared a quarterly cash dividend of $1.10 per common share, payable on June 10, 2026 to shareholders of record on May 15, 2026.
Park National Corp filed a Form 13F reporting its institutional holdings as of the reporting period. The filing lists 605 holdings with a total reported market value of $3,281,743,298. The report was signed by J. Bradley Zellar on 04-16-2026.
Park National Corp. director Jeff Agee filed an amended Form 4 to correct his reported common share holdings following a merger. The amendment reflects final allocations provided by the ESOP trustee and transfer agent and updates the number of shares acquired in the merger-related transactions.
After these adjustments as of February 1, 2026, Agee holds 7,778 common shares directly. He also has 19,288.293 common shares held indirectly through an ESOP, 833 common shares owned by his spouse, and 412.668 common shares held through his spouse’s ESOP. In addition, 23.13 common shares are reported as beneficially acquired through Park’s KSOP since the last reportable transaction.
Park National Corporation Chief Accounting Officer updates PBRSU vesting and tax withholding details. On the 2023 PBRSU Certification Date, performance-based restricted stock units for Kelly A. Herreman converted one-for-one into common shares, with 262.5 PBRSUs exercised and 262.5 PBRSUs granted subject to continued service-based vesting.
As part of this vesting, 262.5 common shares were acquired and a total of 200.587 common shares were withheld at $163.45 per share to satisfy tax obligations. Following these entries, Herreman directly holds 2,324.3228 Park common shares. This amendment corrects the previously estimated number of shares withheld for taxes reported in an earlier Form 4.
Park National Corporation President & CEO Matthew R. Miller reported routine equity compensation activity tied to performance-based restricted stock units (PBRSUs). On the 2023 PBRSU certification date of March 31, 2026, 1,282.5 PBRSUs were earned based on performance and converted on a one-for-one basis into common shares.
He also received a new grant of 1,522.5 PBRSUs subject to a service-based vesting requirement and acquired 1,522.5 common shares linked to vesting. To cover related tax obligations, 1,233.248 common shares were withheld at $163.45 per share. Following these transactions, Miller directly holds 11,545.6756 Park common shares.
This Form 4/A amends a prior filing to correct the number of common shares withheld for taxes upon PBRSU vesting, without reflecting any open-market purchases or sales.