Paragraphs with nothing like them in last year's 10-K
Quoted exactly
5 paragraphs in Risk Factors of the 10-K filed Feb 23, 2026
with nothing like them in the 10-K filed Feb 24, 2025. Quoted exactly.
Paragraphs that were only edited are under 10-K change.
Combining Park and First Citizens may be more difficult, costly or time-consuming than expected, we may fail to realize the anticipated benefits and cost savings of the merger.
The success of the merger with First Citizens will depend, in part, on our ability to realize the anticipated cost savings from combining the businesses of Park and First Citizens. To realize the anticipated benefits and cost savings from the merger, we must successfully integrate and combine their businesses in a manner that permits those cost savings to be realized. If we are not able to successfully achieve these objectives, the anticipated benefits of the merger may not be realized fully or at all, or may take longer to realize than expected. In addition, the actual cost savings and anticipated benefits of the merger could be less than anticipated, and integration may result in additional unforeseen expenses.
It is possible that the integration process could result in the loss of key employees, the disruption of our ongoing business or inconsistencies in standards, controls, procedures and policies that adversely affect the companies’ ability to maintain relationships with clients, customers, depositors and employees or to achieve the anticipated benefits and cost savings of the merger. Integration efforts may also divert management attention and resources. These integration matters could have an adverse effect on us during this transition period and for an undetermined period after the merger’s completion.
Under the terms of the Consent Order, Park committed to the following over a five-year period: an investment of at least $7.75 million to increase credit opportunities in majority-black and Hispanic census tracts within the Columbus Lending Area; a minimum of $500,000 for community development partnerships and $750,000 for advertising and consumer education; and to maintain one new full-service branch, one mortgage loan production office, and four specialized mortgage lenders focused on community lending.
While Park remains on track to meet these requirements, ongoing compliance requires management attention and the allocation of resources, which may impact financial performance or necessitate changes to business operations and risk management practices.
Paragraphs in the 10-Q filed Nov 5, 2026 that were not in the one before
New in the latest 10-Q
6 paragraphs in the 10-Q filed Nov 5, 2026 with nothing like
them in the 10-Q filed Aug 7, 2026 (at least half the words must differ; new numbers alone do not count).
Quoted exactly, grouped by the item heading above them. This is text that changed, not a judgement of how serious it is.
Financial statements and notes
October 26, 2026, the Park Board of Directors declared a $1.10 per common share quarterly cash dividend in respect of Park's common shares and a special cash dividend of $1.30 per common share in respect of Park's common shares. The cash dividend and special cash dividend are payable on December 10, 2026 to common shareholders of record as of the close of business on November 20, 2026.
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three months ended September 30, 2026, Park made adjustments to decrease acquired asset fair value by $ 4.3 million and increase acquired liability fair value by $ 74,000, which resulted in a $ 4.3 million increase in goodwill.
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MD&A
During the third quarter of 2026, Park substantially completed the operational integration of First Citizens, including the conversion of the former First Citizens banking operations to Park's core operating systems and operating platform. Management believes the acquired Tennessee franchise continues to perform in line with acquisition expectations, as reflected by customer retention, deposit balances, credit quality metrics, and earnings contribution. Management continues to focus on realizing anticipated operating efficiencies, integrating credit administration and risk management processes, and supporting continued growth in the Tennessee market.
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included a $1.5 million and a $1.9 million devaluation, respectively, related to a Tennessee property obtained through the acquisition of First Citizens.
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Risk Factors
There have been no material changes to the risk factors set forth in Park's 2025 Form 10-K. However, investors should carefully consider the risks associated with the integration of the First Citizens acquisition, including the successful realization of anticipated benefits, retention of customers and employees, and the integration of operations, systems, credit administration practices and risk management processes. Investors should also consider the potential effects of continued geopolitical instability, including conflicts involving Iran and other international developments, as well as tariffs and other trade-related policies that may contribute to economic uncertainty, inflationary pressures, volatility in financial markets, and stress for certain borrowers and industries. While management does not believe these developments represent material changes to the risk factors previously disclosed in Park's 2025 Form 10-K, such factors continue to be monitored and could adversely affect future operating results, asset quality, liquidity, or financial condition.
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Show the other 1
Item 6
101 The following information from Park National Corporation's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2026 formatted in Inline XBRL (eXtensible Business Reporting Language) pursuant to Rule 405 of Regulation S-T: (i) the Consolidated Condensed Balance Sheets as of September 30, 2026 and December 31, 2025 (unaudited); (ii) the Consolidated Condensed Statements of Income for the three months and the nine months ended September 30, 2026 and 2025 (unaudited); (...
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The 10-Q's risk factors against the 10-K
Item 1A of the 10-Q filed Nov 5, 2026 against Item 1A of the 10-K filed Feb 23, 2026.
A 10-Q repeats only the risks that changed, so a 10-K paragraph that is missing from it is not counted as removed.
Added is a paragraph with nothing like it in the 10-K, Reworded a sentence that is in both with several words changed,
Quiet changes a sentence in both where one to four words changed and one is a hedge or a modal
(cut words struck through, new words highlighted).
Text on the page, not a score; each links to the filing at sec.gov.
What the 10-Q itself says about its risk factors:There are certain risks and uncertainties in our business that could cause Park's actual results to differ materially from those anticipated. In “ITEM 1A. RISK FACTORS” of Part I of Park’s 2025 Form 10-K, we included a detailed discussion of our risk factors. All of these risk factors should be read carefully in connection with evaluating Park's business and in connection with the forward-looking statements contained in this Quarterly Report on Form 10-Q.
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Added10-Q Nov 5, 2026 vs 10-K Feb 23, 2026
There have been no material changes to the risk factors set forth in Park's 2025 Form 10-K. However, investors should carefully consider the risks associated with the integration of the First Citizens acquisition, including the successful realization of anticipated benefits, retention of customers and employees, and the integration of operations, systems, credit administration practices and risk management processes. Investors should also consider the potential effects of continued geopolitical instability, including conflicts involving Iran and other international developments, as well as tariffs and other trade-related policies that may contribute to economic uncertainty, inflationary pressures, volatility in financial markets, and stress for certain borrowers and industries. While management does not believe these developments represent material changes to the risk factors previously disclosed in Park's 2025 Form 10-K, such factors continue to be monitored and could adversely affect future operating results, asset quality, liquidity, or financial condition.
Read it in the 10-Q at sec.govopen_in_new
Added10-Q Nov 5, 2026 vs 10-K Feb 23, 2026
Any of the risks described in Park's 2025 Form 10-K could materially adversely affect our business, financial condition or future results and the actual outcome of matters as to which forward-looking statements are made. These are not the only risks we face. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially adversely affect our business, financial condition and/or operating results.
Read it in the 10-Q at sec.govopen_in_new
In accordance with the terms of the DOJ Consent Order, Park National Bank will invest a minimum of $7.75 million over five years in a loan subsidy fund to increase credit opportunities for home mortgage loans, home improvement loans, home refinance loans and home equity loans and lines of credit for consumers applying for loans in majority-minority census tracts ("MMCTs") in Fairfield, Franklin, Hocking, Licking, Morrow and Perry counties in Ohio (the “Columbus Lending Area”). Park National Bank will also devote a minimum of $500,000 over five years toward one or more community development...
In the 10-K filed Feb 24, 2025open_in_new
In June 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-13 “Financial Instruments - Credit Losses,” which replaced the incurred loss model with the CECL model, an expected loss model. The accounting guidance was to have been adopted by Park as of January 1, 2020. However, Section 4014 of the CARES Act provided financial institutions with optional temporary relief from having to comply with the CECL methodology which would have expired on December 31, 2020, and Section 540 of the Consolidated Appropriations Act, 2021 (the "CAA"), further extended the relief period to the...
In the 10-K filed Feb 24, 2025open_in_new
Through its first two years, Park National Bank is in full compliance with the DOJ Consent Order and on target to complete its compliance with the DOJ Consent Order within the required five-year period. Continuing to achieve compliance may continue to require management attention, may affect Park’s financial performance, and may require Park to allocate resources away from existing businesses or to undertake significant changes to our businesses, operations, products and services, and risk management practices. In addition, Park and Park National Bank could be subject to other enforcement...
In the 10-K filed Feb 24, 2025open_in_new
A significant portion of our loan portfolio is secured by real property. During the ordinary course of business, we foreclose on and take title to properties securing certain loans. In doing so, there is a risk that hazardous or toxic substances
In the 10-K filed Feb 24, 2025open_in_new
Sources
Item 1A of each 10-K and 10-Q on EDGAR, quoted exactly. Each paragraph links to the filing at sec.gov.
Also
10-K change: what was reworded or cut, section by section.
Work with it
Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/PRK/export.csv") into a cell.
