Park National Corporation · AMEX:PRK
Park National — Shareholder Meeting (April 2022)
14 slides from Park National's shareholder meeting presentation, Apr 25, 2022
Slide 1: Annual Meeting of Shareholders
PA R K N AT I O N A L C O R P O R AT I O N Annual Meeting of Shareholders A P R I L 2 5 , 2 0 2 2
Slide 2: Safe Harbor Statement
Safe Harbor Statement Park cautions that any forward-looking statements contained in this presentation or made by management of Park are provided to assist in the understanding of anticipated future financial performance. Forward-looking statements provide current expectations or forecasts of future
Slide 3: Park National Corporation
Park National Corporation P A R K N A T I O N A L B A N K 3
Slide 4: Park National Bank Footprint
Park National Bank Footprint P A R K N A T I O N A L C O R P O R A T I O N 4 South Carolina Region Deposits Trust AUM1 Full-Time2 Employees Counties Served Offices Western Ohio $1.68B $1.12B 168 6 24 Northern Ohio $1.89B $1.08B 214 8 24 Metro $877M $1.04B 152 5 9 Central Ohio $1.98B $3.77B 182 5 17
Slide 5: Overview of Park National Corporation
Overview of Park National Corporation P A R K N A T I O N A L B A N K 51 NPAs exclude accruing troubled debt restructuring loans and loans 90+ days past due 2 Net interest margin shown on a taxable equivalent basis assuming a 21% corporate federal income tax rate Note: Financial data as of March 31,
Slide 6: Financial Highlights
Financial Highlights P A R K N A T I O N A L C O R P O R A T I O N 6 Q1 2022 Q1 2021 Year Ended 2021 Year Ended 2020 (in thousands) INCOME STATEMENT: Net interest income $77,686 $80,734 $329,893 $327,630 (Recovery of) provision for credit losses (4,605) (4,855) (11,916) 12,054 Other income 31,656 34
Slide 7: PRK Favorite Numbers
PRK Favorite Numbers P A R K N A T I O N A L C O R P O R A T I O N 7 1 Q1 2022 + 2021 EPS - diluted is annualized. Q1 2022 Q1 2021 2021 2020 Return on average assets 1.60% 1.81% 1.56% 1.38% Return on average equity 14.26% 16.63% 14.45% 12.68% Net interest margin 3.55% 3.76% 3.69% 3.93% Earnings per
Slide 8: Where Humanity meets Technology
Where Humanity meets Technology P A R K N A T I O N A L C O R P O R A T I O N 8 • Outward Mindset • Empathy • Journey • Flourish • Flexible • Convenient • Intuitive • Mobile Park National Bank Humanity Technology
Slide 9: Major Technology Investments
Major Technology Investments P A R K N A T I O N A L C O R P O R A T I O N 9 What Why Blend Improved mortgage experience; seamless digital connections; shorter time to close Instant Issue Debit Card Immediate card replacement for fraud suspension, damaged or lost/stolen cards eContracts Simplifies p
Slide 10: Photo: Chandler, Arizona 1976
P A R K N A T I O N A L C O R P O R A T I O N 10 Photo courtesy of Newark Advocate Chandler, Arizona 1976
Slide 11: Photo: Chandler, Arizona 2019
P A R K N A T I O N A L C O R P O R A T I O N 11 Photo courtesy of Newark Advocate Chandler, Arizona 2019
Slide 12: New Albany, Ohio today
New Albany, Ohio today P A R K N A T I O N A L C O R P O R A T I O N 12
Slide 13: New Albany, Ohio in years
New Albany, Ohio in 10 years P A R K N A T I O N A L C O R P O R A T I O N 13 ? Photo courtesy of Intel Corporation
Slide 14: We Live and Love to Serve
P A R K N A T I O N A L C O R P O R A T I O N We Live and Love to Serve. Let us know how we may help you, your family and your friends!