---
schema_version: "secwatch.filing_event.v1"
accession: "0000805676-24-000005"
form_type: "8-K"
ticker: "PRK"
cik: "0000805676"
company_name: "PARK NATIONAL CORP /OH/"
filed_at: "2024-01-22T23:59:59+00:00"
generated_at: "2026-06-06T20:52:43.368702+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Park National Q4 net income falls 25.9% to $24.5M; full year down 14.6%

## Summary
- Net income Q4 2023 $24.5M vs $33.1M YoY; full year $126.7M vs $148.4M (down 14.6%).
- Net interest income Q4 $95.1M, up 0.5% YoY; loans grew 4.7% from Dec 2022.
- Pre-tax pre-provision net income Q4 $31.6M, down 27.2% from $43.3M in Q4 2022.
- Recorded $7.9M pre-tax loss on sale of $291M AFS debt securities in Nov 2023.
- CEO Trautman 2024 base salary $750,000; 2023 incentive $364,000; PBRSU target $575,000.

## SEC filing metadata
- accession: 0000805676-24-000005
- form_type: 8-K
- ticker: PRK
- cik: 0000805676
- company_name: PARK NATIONAL CORP /OH/
- filed_at: 2024-01-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/805676/000080567624000005/0000805676-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/805676/000080567624000005/prk-20240118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000805676-24-000005
- JSON: https://secwatch.observer/filing/0000805676-24-000005.json
- Plain text: https://secwatch.observer/filing/0000805676-24-000005.txt

## Key facts
- Earnings Releases
  PARK NATIONAL CORP /OH/ reported financial results for the three months and the twelve months ended December 31, 2023.
  - Period: the three months and the twelve months ended December 31, 2023
  - Result: reported results
  source text: On January 22, 2024, Park National Corporation (“Park”) issued a news release (the “Financial Results News Release”) announcing financial results for the three months and the twelve months ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/805676/000080567624000005/0000805676-24-000005-index.htm
- Governance Changes
  PARK NATIONAL CORP /OH/: Amended Code of Business Conduct and Ethics to improve readability, remove duplication, and incorporate current governance best practices, including hiring practices (effective 2024-01-22).
  - Change: code of ethics
  - Effective: 2024-01-22
  source text: On January 22, 2024, the Board of Directors (the “Park Board”) of Park approved certain amendments to Park’s Code of Business Conduct and Ethics (the “Code”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/805676/000080567624000005/0000805676-24-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.