Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (10.0 on a scale of 0 to 10). Operating profits as a percentage of assets at 2.3%, coupled with a return on assets of 1.9 has resulted in Excellent (9.3) profitability.
Other Rating Factors:
Excellent current capitalization (8.9 on a scale of 0 to 10) based on a risk-based capital ratio of 13.5 and a capital leverage ratio of 10.2. A current level of 10.1 percent of nonperforming loans to core capital combined with 6.7 percent from a year earlier contributes to the Fair asset quality (3.9).
Asset Mix:
Comm re (20%), consumer loans (19%), home mtgs (19%), securities (8%), comm loans (8%), home eq lns (3%), cash (2%), other (21%)
States with Branches:
KY, NC, OH, SC
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Park National Corporation
Investment Rating
Address
50 North Third Street
Newark, OH 43055
Newark, OH 43055
Phone Number
(740) 349-8451
Year Founded
1908
FDIC Number
Website
Largest Affiliates
No affiliate information available.