{"schema_version":"secwatch.filing_event.v1","accession":"0000805676-23-000149","form_type":"8-K","ticker":"PRK","cik":"0000805676","company_name":"PARK NATIONAL CORP /OH/","filed_at":"2023-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.048878+00:00","generated_at":"2026-06-08T02:55:16.744290+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Park National sells $291M in AFS securities, expects $3.8M net income boost in 2024","bullets":["Sold $291M in AFS debt securities, incurring net loss of $7.9M ($6.3M after tax).","$207M sold to reduce borrowings (yield 3.41%, borrowings expense saved 5.50%; earn-back ~1.7 years).","$84M sold to fund new loans (yield 7.00%, new loan yield 8.17%; earn-back ~1.5 years).","Overall yield on sold securities 4.44%; net yield benefit 1.83% with earn-back ~1.6 years.","Anticipates $3.8M net income addition in 2024; NIM up 15 bps, ROA up 7 bps; helps stay below $10B assets."],"urls":{"canonical":"https://secwatch.observer/filing/0000805676-23-000149","json":"https://secwatch.observer/filing/0000805676-23-000149.json","markdown":"https://secwatch.observer/filing/0000805676-23-000149.md","text":"https://secwatch.observer/filing/0000805676-23-000149.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/805676/000080567623000149/0000805676-23-000149-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/805676/000080567623000149/prk-20231114.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T02:55:16.744290+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}