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 asking shareholders to vote at a virtual annual meeting on April 27, 2026 at 2:00 p.m. Eastern. Shareholders of record at the close of business on February 27, 2026, when 18,066,393 common shares were outstanding, may participate and vote.
Items on the ballot include electing four directors for terms expiring at the 2029 annual meeting, an advisory vote on executive compensation, and ratification of Crowe LLP as independent auditor for 2026. Shareholders are also being asked to approve new 2026 long‑term incentive plans for employees and non‑employee directors that govern stock‑based and cash incentive awards. The board unanimously recommends voting “FOR” all proposals and encourages advance voting by internet, telephone or mail ahead of the virtual meeting.
Park National Corporation, an Ohio-based financial holding company, outlines its banking, lending, and regulatory profile in its annual report. The company operates 87 financial service offices across Ohio, Kentucky and the Carolinas, with 1,731 associates and a single reportable operating segment.
A key development was the February 1, 2026 merger of First Citizens Bancshares, Inc. into Park, valued at $324.1 million, adding $2.6 billion in assets, $1.6 billion in loans and leases, and $2.2 billion in deposits. Park issued 1,988,131 common shares as consideration, and consolidated assets surpassed $10.0 billion, bringing new Dodd-Frank obligations such as CFPB supervision and debit interchange fee caps.
Park’s loan portfolio is diversified across commercial, consumer and residential real estate, including $3,453 million in commercial loans and leases, $1,823 million in consumer loans, and $2,775 million in residential and construction real estate at December 31, 2025. As of that date, loans to non-bank consumer finance companies totaled $274 million and aircraft financing loans were $339 million, highlighting specialized national lending niches alongside its community banking footprint.
Park National Bank, as trustee, reports beneficial ownership of 1,253,581 common shares of Park National Corporation, representing 7.8% of the class as of 12/31/2025. The bank has sole voting power over all 1,253,581 shares and sole dispositive power over 307,680 shares.
The shares are certified as acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of Park National Corporation.
Park National Corporation has furnished an investor presentation outlining its recent growth, financial strength, and the completed merger with First Citizens Bancshares, Inc. As of December 31, 2025, Park had $9.8 billion in assets, a 1.78% return on average assets, and a 15.76% return on average tangible common equity.
The company highlights a strong capital base with a 14.0% CET1 ratio and consistently low net charge-offs, including 0.08% of total loans in 2025. Park closed the all‑stock acquisition of $2.6 billion‑asset First Citizens on February 1, 2026, creating a pro forma $12.7 billion franchise and projecting 15% 2026 EPS accretion, while maintaining a high share of non‑interest‑bearing deposits and diversified fee income.
Park National Corporation director Jeff Agee reported receiving Park common shares in connection with the merger of First Citizens Bancshares, Inc. into Park. On February 1, 2026, his Form 4 shows multiple non-derivative transactions coded "J" at a price of $0.00 per share.
The filing reports 7,779.72 Park common shares held directly and 19,160.44 shares held indirectly through an ESOP. It also reports 833.56 shares held indirectly by his spouse and 412.36 shares held through his spouse’s ESOP. Each FIZN share beneficially owned was converted into the right to receive 0.52 Park shares, and Park’s closing price on the merger’s effective date was $162.94.
Park National Corp director Jeff Agee filed an initial insider ownership report on Form 3, reflecting his status as a director as of 02/01/2026. The filing states in the remarks that no securities are beneficially owned, and it reports no transactions or derivative positions.
Park National Corporation completed its merger with First Citizens Bancshares, Inc. on February 1, 2026, with Park as the surviving company. Each share of First Citizens common and Class A common stock was converted into the right to receive 0.52 Park common shares.
Immediately after closing, First Citizens National Bank merged into The Park National Bank, which remains the surviving bank. Former First Citizens chairman and CEO Jeffrey D. Agee joined Park’s board, now totaling 14 directors, and will lead the new Tennessee Region under an employment agreement with an annual base salary of $560,982.
Park National Corporation reported stronger results and announced a higher shareholder payout while confirming progress on its pending merger with First Citizens Bancshares. Net income reached $42.6 million for the quarter ended December 31, 2025, up 10.4% from $38.6 million a year earlier, and $180.1 million for 2025, an 18.9% increase from $151.4 million in 2024. Pre-tax, pre-provision net income rose to $56.5 million in Q4 and $232.8 million for the year. Net interest income grew 9.9% to $437.3 million, driven by higher loan balances and improved loan yields, along with lower funding costs from deposits and borrowings.
Loans outstanding increased to $8.05 billion, led by commercial and home equity growth, while investment securities declined as the balance sheet was repositioned. The allowance for credit losses increased to $93.0 million, or 1.15% of total loans, as net charge-offs fell to 0.08% of average loans. Total deposits were $8.24 billion, with uninsured deposits of about $1.5 billion, or 18.5% of total deposits. The efficiency ratio improved to 57.94% and return on average assets rose to 1.78%.
The board declared a $1.10 per common share quarterly cash dividend, payable March 10, 2026 to shareholders of record on February 20, 2026. Park also highlighted its Agreement and Plan of Merger with First Citizens Bancshares, noting that First Citizens’ shareholders have approved the deal and key regulatory approvals have been obtained. The holding company merger and related bank merger are currently expected to close on February 1, 2026, subject to customary closing conditions.
Park National Corporation is urging shareholders of First Citizens Bancshares, Inc. to vote FOR their proposed merger at a special meeting on January 21, 2026. The letter highlights that the transaction offers First Citizens shareholders a premium to the stock’s unaffected price and allows them to share in the potential upside of the combined company. The First Citizens board unanimously recommends the merger, and proxy advisory firm Institutional Shareholder Services also supports a FOR vote.
The merger remains subject to approval by First Citizens shareholders and other customary closing conditions, with details provided in an effective Form S-4 registration statement and proxy statement/prospectus. The communication also includes extensive forward-looking statement disclosures, outlining risks such as possible failure to obtain shareholder or regulatory approvals, potential closing delays, integration challenges, and business or employee disruptions related to the merger.
Park National Corporation reported that long-time director and former chief executive officer C. Daniel DeLawder will retire from its Board of Directors and will not stand for re-election at the 2026 Annual Meeting of Shareholders. His term as director will end immediately before that meeting. In connection with his retirement, he will also step down as Chair of the Executive Committee of both Park National Corporation and Park National Bank, as well as Chair of the Park National Bank Wealth Management Committee.
The company highlighted Mr. DeLawder’s 55-year career with the organization, including a 15-year term as CEO, noting his long-standing advocacy for the bank. The Nominating and Corporate Governance Committee will evaluate its recommendation to fill the board vacancy created by his retirement at its next meeting.