Park National Corporation (Park) is a bank holding company. The Park’s banking operations are conducted through chartered national bank subsidiary, The Park National Bank (PNB), Guardian Financial Services Company (Guardian Finance) and SE Property Holdings, LLC (SEPH). Park National Bank is engaged in the commercial banking and trust business, generally in small and medium population Ohio communities. As of December 31, 2014, the Bank operated 116 banking offices in Ohio through 11 banking divisions. Park National Bank deals with consumers, as well as with a cross-section of businesses and corporations located primarily in the 28 Ohio counties and one Kentucky county served by the financial service offices. Park classifies its securities as available-for-sale (AFS). Park’s source of funds is deposits from individuals, businesses and local government entities.