PARK NATIONAL CORP

Park National Corporation (NYSE American: PRK) is a financial holding company headquartered in Newark, Ohio, with a banking legacy dating to 1908. The company operates through its principal subsidiary, Park National Bank, a national banking association that provides comprehensive financial services across Ohio, Kentucky, North Carolina, and South Carolina. The company's website is http://www.parknationalcorp.com.

Park National Bank serves consumers and businesses primarily through 87 financial service offices, including 82 branches, and a network of 107 automated teller machines, complemented by digital banking channels including ParkDirect, a mobile banking application. The bank operates as a single reportable segment focused on commercial banking, consumer banking, and wealth management services including trust and investment offerings.

The company's loan portfolio reflects a diversified approach across multiple asset classes. Commercial loans and commercial real estate loans comprise approximately 42.9 percent of total loans, totaling roughly $3.5 billion, with additional exposure through aircraft financing via subsidiary Scope Aircraft Finance. Consumer loans represent approximately 22.6 percent of the portfolio at $1.8 billion, while residential real estate and construction loans constitute 34.5 percent at $2.8 billion. Park also maintains a national portfolio of loans to non-bank consumer finance companies and holds municipal securities through subsidiary Park Investments, Inc.

As of December 31, 2025, Park employed 1,731 active associates, comprising 1,589 full-time and 142 part-time employees, equivalent to 1,694 full-time equivalent positions. The workforce demonstrates significant tenure, with 36.2 percent of associates having served the organization for ten years or more, and 89 percent participating in the company's employee stock ownership plan.

In February 2026, Park completed its acquisition of First Citizens Bancshares, Inc., resulting in consolidated assets surpassing $10.0 billion. This transaction positioned Park for expanded regulatory oversight, including direct supervision by the Consumer Financial Protection Bureau for consumer financial law compliance. The company maintains a diversified geographic footprint focused on small and medium population areas while maintaining presence in metropolitan markets including Columbus, Cincinnati, Charlotte, Louisville, and Raleigh.