| Business Summary | | Park
National
Corporation
is
a
bank
holding
company
which,
through
its
subsidiaries,
The
Park
National
Bank,
The
Richland
Trust
Company,
Century
National
Bank,
The
First-Knox
National
Bank
of
Mount
Vernon,
United
Bank,
N.A.,
and
Second
National
Bank,
engages
in
a
general
commercial
banking
and
trust
business
in
small
and
medium
population
Ohio
communities.
These
subsidiaries
provide
the
following
principal
services:
the
acceptance
of
deposits
for
demand,
savings
and
time
accounts
and
the
servicing
of
those
accounts;
commercial,
industrial,
consumer
and
real
estate
lending,
including
installment
loans
and
automobile
leasing,
credit
cards
and
personal
lines
of
credit;
safe
deposit
operations;
trust
services;
cash
management;
electronic
funds
transfers;
and
a
variety
of
additional
banking-related
services
tailored
to
the
needs
of
individual
customers.
The
consumer
finance
subsidiary,
Guardian
Financial
Services
Company,
provides
consumer
finance
services
in
the
central
Ohio
area. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PRK
is
a
bank
holding
company
which,
engages
in
a
general
commercial
banking
and
trustee
business
in
15
counties
in
central
and
southern
Ohio.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
3%
to
$160.7
million.
Net
interest
income
after
loan
loss
provision
rose
3%
to
$87.7
million.
Net
income
rose
6%
to
$39.3
million.
Results
reflect
an
increase
in
interest
earning
assets,
partially
offset
by
higher
deposits
interest.
Earnings
reflect
ATM
transactions. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| William McConnell, 67 Chairman | $218K | -- | C. Daniel DeLawder, 51 Pres,
CEO, Director | 832K | -- | David Bowers, 64 Sec. | 362K | $15K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|