Banks will play the father of Ben (Adam Scott) on the comedy's fifth season, HitFix reports.
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"We were working the character description of Ben's dad," Parks co-creator Mike Schur explained. "And I said aloud, 'He should act like [Banks's Breaking Bad character] Mike Ehrmantraut'. So somebody said, 'Well, why can't we just get Jonathan Banks?'"
The exec producer added: "To me, at this exact moment in time, he's everyone I know's favourite actor."
The 65-year-old Banks has also recently appeared on Ringer, Two and a Half Men and Modern Family and was nominated for an Emmy for his performance in CBS's '80s series Wiseguy.
He will appear alongside Monk and ER actress Glenne Headly - who will play Ben's mother - in the sixth episode of Parks and Recreation's new run, according to TV Guide.
The show returns to NBC in the US on Thursday, September 20, at 9.30/8.30c.
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