1
2
3
•
–
•
•
–
–
–
–
–
4
–
–
–
–
–
–
–
5
–
–
–
–
–
–
–
•
–
•
–
–
–
–
•
•
•
Source: SNL Financial; Company Filings
Financials as of 3/31/2011
6
2005
1908

The Park National
Bank is
established
1997

Acquisition of FirstKnox National Bank
Farmers Savings Bank

Acquisition of United
Bank

Acquisition of
Second National
Bank
1990

1985

1908
Acquisition of
Fairfield
National Bank
1985
1987
Acquisition of
Century National
Bank
1990
1994

Acquisition of First
Federal Savings
Bank of Eastern
Ohio (merged with
Century National
Bank)

Acquisition of First
Clermont Bank
(became the Park
National Bank of
Southwest Ohio &
Northern Kentucky
division)
2000
1997
1999
2000
2001
2005
2006
1987
1994
1999
2001
2006






Park National
Corporation
holding company
is established
Acquisition of
Richland Trust
Company
Acquisition of
Scope Aircraft
Finance
Guardian Finance
Company
established
Acquisition of Security
National Bank
Citizens National Bank
Unity National Bank
Acquisition of Anderson
Bank (merged with The
Park National Bank of
Southwest Ohio & Northern
Kentucky division)
7
(in thousands)
2010
Net Income
$
(29,297)
2009
(30,110)
2008 *
(81,187)
2007 *
(60,681)
* 2008 and 2007 include goodwill impairment charges of $55.0 million
and $54.0 million, respectively.
Source: Company Filings
8
Source: Company Filings
9
10
11
12
13
14
Source: FDIC, June 30, 2010
15
Source: Company Filings and BHC Performance Report as of March 31, 2011
Peers include all banks nationwide with total assets between $3.0 and $10.0 billion
16
Source: Company Filings
17
Source: Company Filings
18
*Calculated using average common equity for Park National Corporation.
**Calculated using average common equity for Park National Corporation, excluding Vision Bank.
***Adjusted for goodwill impairment charges of $55 million in 2008 and $54 million in 2007. Including the goodwill impairment charges, Park’s ROA for
2008 and 2007 was 0.20% and 0.37%, respectively, and Park’s ROE for 2008 and 2007 was 2.40% and 3.67%, respectively.
Source: BHC Performance Report and Company Filings. Peers include all bank holding companies nationwide with total assets between $3.0 and
$10.0 billion
19
500,000
Six year loan growth = $203,568 or $33,928 per year
400,000
351, 277
300,000
200,000
199, 909
184, 007
171, 784
152, 466
126, 005
99, 316
10 0 , 0 0 0
53, 600
45, 215
25, 403
0
2000
2001
2002
2003
2004
2005
2006
2007
2009
2010
M ar .
31,
( 10 0 , 0 0 0 )
(94, 956)
( 200,000)
2008
2011
(156, 082)
$(251,038)
Source: Company Filings through March 31, 2011. As reported on the statement of cash flows.
20
Source: Company Filings
21
Source: Company Filings
22
Source: Company Filings
23
Source: Company Filings
24
Source: Company Filings
25
Other, $26,948
Securities,
$1,952,113
Loans,
$4,743,075
Source: SNL Financial; Company Filings
26
Equity Securities
0.1%
Agency
16.0%
Municipals
0.6%
Agency MBS
83.3%
Source: Company Filings
27
Source: BHC Performance Reports and Company Filings
28
Source: Company Filings
29
Source: BHC Performance Reports and Company Filings
30
Source: BHC Performance Reports and Company Filings
31
Source: BHC Performance Reports and Company Filings
32
Source: Company Filings
33
Source: Company Filings
34
Source: Company Filings
35
Source: Company Filings
36
37
38