UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported) August 18, 2008 (August 15, 2008)
Park National Corporation
(Exact name of registrant as specified in its charter)
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Ohio
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1-13006
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31-1179518 |
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(State or other jurisdiction
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(Commission
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( IRS Employer |
of incorporation)
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File Number)
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Identification No.) |
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50 North Third Street, P.O. Box 3500, Newark, Ohio
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43058-3500 |
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(Address of principal executive offices) |
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(Zip Code) |
(740) 349-8451
(Registrants telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01 Other Events
As previously reported, on July 30, 2007, Park National Corporation (Park) announced its
intent to consolidate the banking operations of its eight subsidiary banks located in Ohio under
one charter that of The Park National Bank (PNB), which will remain a national bank. Each of
(a) Century National Bank, a national bank headquartered in Zanesville, Ohio (CNB); (b) Second
National Bank, a national bank headquartered in Greenville, Ohio (SNB); (c) The Richland Trust
Company, an Ohio state-chartered bank headquartered in Mansfield, Ohio (RTC); (d) United Bank,
N.A., a national bank headquartered in Bucyrus, Ohio (UB); (e) The First-Knox National Bank of
Mount Vernon, a national bank headquartered in Mount Vernon, Ohio (FKNB); (f) The Security
National Bank and Trust Co., a national bank headquartered in Springfield, Ohio (SEC); and (g)
The Citizens National Bank of Urbana, a national bank headquartered in Urbana, Ohio (CIT)
(collectively, the Merging Banks) is to merge with and into PNB, a national bank headquartered in
Newark, Ohio. The mergers are to be consummated on a serial basis in such order and with such
effective times as determined by each of the respective Merging Banks and PNB to be appropriate and
in the best interest of their respective operations and approved by the Office of the Comptroller
of the Currency (the OCC). On February 20, 2008, the OCC notified PNB that the OCC had approved
the proposed mergers, providing the required regulatory approval.
The 12 Ohio-based community banking subsidiaries and divisions of Parks subsidiary banks are
to merge into the one charter and become divisions of PNB. Following the consummation of the
mergers, each community bank division is to retain its local leadership, local decision-making and
unique local identity.
Effective as of the close of business on August 15, 2008, each of CNB and SNB merged with and
into PNB and became a division of PNB. Park anticipates that the mergers of RTC, UB, FKNB, SEC and
CIT with and into PNB will be completed by September 30, 2008.
[Remainder of page intentionally left blank;
signature on following page.]
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