Park National Corp. (PRK) reported net income for the first quarter of $19.0 million or $1.23 per share, compared to $19.6 million or $1.27 per share for the year-ago quarter.
Analysts polled by Thomson Reuters expected the company to earn $1.24 per share for th first quarter.
Net interest income for the first quarter rose 1.9% to $55.54 million from $54.48 million a year ago. Provision for loan losses for the first quarter was 1.6 million, compared to recovery of loan losses of $2.2 milion in the prior year quarter.
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