Park National Corporation has announced 2009 financial results

  • February 1, 2010
  • 613
                        
Park National Corporation recently reported operating results for the three months ending Dec. 31, 2009 and the 12 months ending Dec. 31, 2009. In 2009, Park experienced loan growth, deposit growth, and an increase in net income in Ohio. Park’s board of directors also declared a 94 cent per common share quarterly cash dividend, payable March 10, to common shareholders of record as of Feb. 26. C. Daniel DeLawder, Park chairman, credited Park associates for the 2009 results. “In one of the most difficult and challenging banking environments we’ve ever experienced, we are very pleased to report an increase in net income, growth in loans and deposits, and the ability to continue paying significant dividends to our shareholders,” he said. “Our associates worked harder than ever resulting in performance levels that compare very favorably with industry trends and conditions.”


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