Park National Corporation · AMEX:PRK
Park National — Merger or Acquisition (September 2018)
6 slides from Park National's merger presentation, Sep 13, 2018
Slide 1: Strategic Partnership and Expansion into South Carolina
Exhibit 99.2 and Strategic Partnership and Expansion into South Carolina NYSE AMERICAN: PRK | OTCQX: CABF September 13, 2018
Slide 2: Forward-looking Statement Disclosure
Forward-looking Statement Disclosure Certain statements contained in this communication which are not statements of historical fact constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can often, but not alw
Slide 3: Important Information about the Merger
Important Information about the Merger In connection with the proposed merger, Park will file with the SEC a Registration Statement on Form S-4 that will include a Proxy Statement of and a Prospectus of Park, as well as other relevant documents concerning the proposed transaction. SHAREHOLDERS OF CA
Slide 4: Transaction Overview
Park National / CAB Financial – Transaction Overview Deal value: $141.8 million1 CABF shareholders to receive 0.1378 shares of PRK common stock and $3.80 in cash for Consideration: each share of CABF common stock, ~80% stock / 20% cash consideration mix Per share price: $19.001 • Regulatory Required
Slide 5: Selected Highlights
Park National / CAB Financial – Selected Highlights CABF Financials Pro Forma Branch Map (as of and for the quarter ended 06/30/18) . Total assets: $730.7 million . Total gross loans: $567.0 million . Total deposits: $599.7 million . Total equity: $78.9 million . Tangible common equity / tangible as
Slide 6: Strategic Rationale
Park National / CAB Financial – Strategic Rationale . Consistent with Park’s strategy of adding attractive growth markets to its historical markets − CABF’s Asheville, North Carolina and Greenville and Spartanburg, South Carolina markets have superior demographic and employment trends relative to Pa
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