Park National Corporation announced it has completed its all-stock merger with First Citizens Bancshares, extending Park’s footprint into Tennessee and combining two community-focused banking franchises. The transaction closed on February 1, 2026, with First Citizens National Bank merging into Park National Bank and operating as a division until systems conversion later this year.

Based on December 31, 2025 figures, the combined company has pro forma assets of $12.6 billion, deposits of $10.5 billion, and loans of $9.6 billion, with more than 100 branches across Ohio, Kentucky, North Carolina, South Carolina, and Tennessee. As part of the merger, former First Citizens CEO Jeffrey D. Agee joined Park’s board and will lead the new Tennessee region, while customers are expected to continue banking as usual during the integration process.