First Commonwealth Bank Mortgage Rates, Fees & Info
Indiana, PALEI: VN1JLT1F3FLLVN3FZG89
Tax ID: 25-0964885
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Mortgage Data
Bank Data
Review & Overview
First Commonwealth Bank is a smaller bank specializing in Refi and Home Purchase loans. First Commonwealth Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Pittsburgh, Columbus, Canton, Cleveland, and Cincinnati among others. We have data for 78 markets. (Some data included below & more in-depth data is available with an active subscription.)First Commonwealth Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. First Commonwealth Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 3.51% | 4/21/24 |
| 30 Year Conventional Purchase | 6.67% | 4/21/24 |
| 30 Year Conventional Refi | 6.51% | 4/21/24 |
| 30 Year Cash-out Refi | 6.27% | 4/21/24 |
| 30 Year FHA Purchase | 7.16% | 4/21/24 |
| 30 Year FHA Refi | 6.97% | 4/21/24 |
| 30 Year VA Purchase | 6.12% | 4/21/24 |
| 30 Year VA Refi | 5.85% | 4/21/24 |
| 30 Year USDA Purchase | 6.73% | 4/21/24 |
| 15 Year Conventional Purchase | 6.12% | 4/21/24 |
| 15 Year Conventional Refi | 5.70% | 4/21/24 |
| 15 Year Cash-out Refi | 5.70% | 4/21/24 |
| 15 Year FHA Purchase | 7.10% | 4/21/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
First Commonwealth Bank Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
6,181Origination Dollar Volume (All Markets)
$974,305,000Employee count
1,484Awards
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First Commonwealth Bank - 2019
First Commonwealth Bank is a 2019 , due to their low .
For 2019, less than of lenders were eligible for this award.
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Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| PITTSBURGH, PA (FHA|USDA|VA) | 2,567 | $357,185,000 | $139,145 | $3,349 | 3.35% |
| COLUMBUS, OH (FHA|USDA|VA) | 590 | $183,870,000 | $311,644 | $3,633 | 3.52% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 410 | $55,040,000 | $134,244 | $2,776 | 3.39% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 165 | $48,315,000 | $292,818 | $4,282 | 3.99% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 113 | $40,575,000 | $359,071 | $4,092 | 3.67% |
| AKRON, OH (FHA|USDA|VA) | 115 | $34,975,000 | $304,130 | $3,767 | 4.14% |
| Outside of Metro Areas | 336 | $34,460,000 | $102,560 | $1,857 | 3.42% |
| JOHNSTOWN, PA (FHA|USDA|VA) | 376 | $32,300,000 | $85,904 | $3,268 | 3.45% |
| ALTOONA, PA (FHA|USDA|VA) | 306 | $26,530,000 | $86,699 | $2,544 | 3.42% |
| Indiana, PA (FHA|USDA|VA) | 236 | $23,610,000 | $100,042 | $2,709 | 3.41% |
| DuBois, PA (FHA|USDA|VA) | 197 | $19,255,000 | $97,741 | $2,248 | 3.47% |
| Somerset, PA (FHA|USDA|VA) | 203 | $17,985,000 | $88,596 | $2,793 | 3.25% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 3 | $16,435,000 | $5,478,333 | $3,441 | 4.18% |
| New Castle, PA (FHA|USDA|VA) | 162 | $16,360,000 | $100,988 | $2,079 | 3.26% |
| St. Marys, PA (FHA|USDA|VA) | 132 | $10,950,000 | $82,955 | $2,238 | 3.16% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 17 | $7,385,000 | $434,412 | $4,085 | 3.72% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 25 | $5,495,000 | $219,800 | $4,251 | 4.04% |
| Ashtabula, OH (FHA|USDA|VA) | 34 | $4,410,000 | $129,706 | $3,408 | 3.66% |
| Wooster, OH (FHA|USDA|VA) | 9 | $3,115,000 | $346,111 | $3,998 | 4.00% |
| STATE COLLEGE, PA (FHA|USDA|VA) | 15 | $2,315,000 | $154,333 | $4,353 | 3.21% |
| MANSFIELD, OH (FHA|USDA|VA) | 3 | $1,925,000 | $641,667 | $3,205 | 3.90% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 5 | $1,925,000 | $385,000 | $4,391 | 4.65% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 3 | $1,865,000 | $621,667 | $3,614 | 4.33% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 2 | $1,760,000 | $880,000 | $6,056 | 3.63% |
| Sandusky, OH (FHA|USDA|VA) | 6 | $1,740,000 | $290,000 | $4,429 | 4.47% |
| Salem, OH (FHA|USDA|VA) | 7 | $1,705,000 | $243,571 | $3,154 | 3.60% |
| BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) | 7 | $1,525,000 | $217,857 | $5,610 | 3.87% |
| Mount Vernon, OH (FHA|USDA|VA) | 9 | $1,525,000 | $169,444 | $4,932 | 4.41% |
| WILLIAMSPORT, PA (FHA|USDA|VA) | 18 | $1,390,000 | $77,222 | $2,251 | 3.61% |
| Lock Haven, PA (FHA|USDA|VA) | 13 | $1,375,000 | $105,769 | $1,260 | 3.74% |
| New Philadelphia-Dover, OH (FHA|USDA|VA) | 6 | $1,300,000 | $216,667 | $3,519 | 4.32% |
| Huntingdon, PA (FHA|USDA|VA) | 10 | $1,190,000 | $119,000 | $6,307 | 4.09% |
| MORGANTOWN, WV (FHA|USDA|VA) | 3 | $835,000 | $278,333 | $5,528 | 4.12% |
| Marion, OH (FHA|USDA|VA) | 9 | $825,000 | $91,667 | $2,949 | 3.07% |
| WHEELING, WV-OH (FHA|USDA|VA) | 1 | $765,000 | $765,000 | $6,133 | 3.88% |
| BOISE CITY, ID (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $3,364 | 3.81% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 4 | $650,000 | $162,500 | $2,585 | 2.78% |
| CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) | 3 | $645,000 | $215,000 | $3,311 | 3.87% |
| Lewisburg, PA (FHA|USDA|VA) | 6 | $640,000 | $106,667 | $254 | 2.76% |
| Chillicothe, OH (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $6,470 | 4.25% |
| Coshocton, OH (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $0 | 4.32% |
| ERIE, PA (FHA|USDA|VA) | 4 | $500,000 | $125,000 | $4,677 | 4.22% |
| WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) | 3 | $475,000 | $158,333 | $3,943 | 4.04% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $5,115 | 3.88% |
| MORRISTOWN, TN (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $3,525 | 3.75% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $3,873 | 3.25% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $9,063 | 3.63% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $4,783 | 4.63% |
| Wilmington, OH (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $4,639 | 4.38% |
| Ashland, OH (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $3,978 | 4.50% |
| Marietta, OH (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,671 | 4.63% |
| Clarksburg, WV (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,878 | 3.63% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $4,168 | 4.13% |
| Cambridge, OH (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $4,457 | 4.63% |
| Fremont, OH (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $2,609 | 4.13% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,963 | 3.63% |
| Selinsgrove, PA (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $5,373 | 3.69% |
| Bellefontaine, OH (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $2,052 | 4.27% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,170 | 3.99% |
| Zanesville, OH (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,062 | 4.00% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,523 | 4.25% |
| PARKERSBURG-VIENNA, WV (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,104 | 4.13% |
| Oil City, PA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $452 | 3.99% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,786 | 3.50% |
| SPRINGFIELD, OH (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,603 | 3.75% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,603 | 3.63% |
| TOLEDO, OH (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $3,163 | 4.01% |
| Meadville, PA (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $0 | 5.70% |
| Urbana, OH (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $5,367 | 2.50% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,980 | 4.00% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,279 | 3.88% |
| Norwalk, OH (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $4,000 | 4.13% |
| Point Pleasant, WV-OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,130 | 4.25% |
| Portsmouth, OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,780 | 4.75% |
| Sunbury, PA (FHA|USDA|VA) | 3 | $85,000 | $28,333 | $248 | 3.96% |
| Bradford, PA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,074 | 3.88% |
| Mount Sterling, KY (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 1.99% |
| Warren, PA (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 1.99% |
Similar Lenders
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Product Mix
For 2019, First Commonwealth Bank's most frequently originated type of loan was HELOC, with 3,189 originations. Their 2nd most popular type was Conventional, with 2,624 originations.
Loan Reason
For 2019, First Commonwealth Bank's most frequently cited loan purpose was Refi, with 2,667 originations. The 2nd most popular reason was Home Purchase, with 1,743 originations.
Loan Duration/Length
For 2019, First Commonwealth Bank's most frequently cited loan duration was 30 Year, with 4,643 originations. The 2nd most popular length was 15 Year, with 562 originations.
Origination Fees/Closing Costs
First Commonwealth Bank's average total fees were $4,378, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,699 originations.
Interest Rates
During 2019, First Commonwealth Bank's average interest rate for loans was 3.14%, while their most frequently originated rate bucket for loans was <2.5%, with 2,583 originations.
Loan Sizing
2019 saw First Commonwealth Bank place emphasis on $100,000 or less loans with 3,203 originations, totaling $169,915,000 in origination value.
Applicant Income
First Commonwealth Bank lent most frequently to those with incomes in the $50k or less range, with 1,443 originations. The second most popular income band? $50k-75k, with 1,332 originations.
Applicant Debt to Income Ratio
First Commonwealth Bank lent most frequently to those with DTI ratios of 20-30%, with 1,421 originations. The next most common DTI ratio? 30-36%, with 1,101 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications79.59%
First Commonwealth Bank has a below average approval rate.
Pick Rate
Approvals leading to origination77.30%
First Commonwealth Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 6,181 | $974,305,000 | $157,629 |
Occupancy Type Mix
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| First Commonwealth Mortgage Corp. | FHA mortgage | Closing on a mortgage | 1 | 100.0% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| First Commonwealth Bank | 10 Trinity Place Washington, PA 15301 | Full Service B&M | $18,415 |
| First Commonwealth Bank | 100 Central Plaza South Canton, OH 44702 | Full Service B&M | $45,739 |
| First Commonwealth Bank | 100 Delaware Crossing West Delaware, OH 43015 | Full Service B&M | $109 |
| First Commonwealth Bank | 100 North Main Street Butler, PA 16001 | Full Service B&M | $89,675 |
| First Commonwealth Bank | 100 Willow Brook Way South Delaware, OH 43015 | Full Service B&M | $3,202 |
| First Commonwealth Bank | 1001 Scalp Avenue Johnstown, PA 15904 | Full Service B&M | $63,495 |
| First Commonwealth Bank | 1001 Village Run Road Wexford, PA 15090 | Full Service B&M | $16,743 |
| First Commonwealth Bank | 10149 Brewster Lane Powell, OH 43065 | Full Service B&M | $80,091 |
| First Commonwealth Bank | 1047 Franklin Street Johnstown, PA 15905 | Full Service B&M | $85,286 |
| First Commonwealth Bank | 105 Capitol Park Drive Sarver, PA 16055 | Full Service B&M | $21,989 |
| First Commonwealth Bank | 108 East Mill Street Saint Marys, PA 15857 | Full Service B&M | $70,975 |
| First Commonwealth Bank | 1099 Wayne Ave Indiana, PA 15701 | Limited, Drive-thru | $0 |
| First Commonwealth Bank | 11 Pine Creek Road Wexford, PA 15090 | Full Service B&M | $24,016 |
| First Commonwealth Bank | 110 Riverbend Avenue Lewis Center, OH 43035 | Full Service B&M | $0 |
| First Commonwealth Bank | 110 Riverbend Avenue Powell, OH 43065 | Full Service Cyber Office | $0 |
| First Commonwealth Bank | 110 Village Dr Greensburg, PA 15601 | Full Service B&M | $46,594 |
| First Commonwealth Bank | 1100 30th Street, N.W. Canton, OH 44709 | Full Service B&M | $48,992 |
| First Commonwealth Bank | 1105 South Braddock Avenue Pittsburgh, PA 15218 | Full Service B&M | $33,109 |
| First Commonwealth Bank | 111 South Main Street Greensburg, PA 15601 | Full Service B&M | $125,836 |
| First Commonwealth Bank | 1147 South Leechburg Hill Leechburg, PA 15656 | Full Service B&M | $69,769 |
| First Commonwealth Bank | 1164 Philadelphia Street Indiana, PA 15701 | Limited, Drive-thru | $0 |
| First Commonwealth Bank | 1189 Freedom Road Cranberry Township, PA 16066 | Full Service B&M | $17,320 |
| First Commonwealth Bank | 1201 E. Main Street Brockway, PA 15824 | Full Service B&M | $26,791 |
| First Commonwealth Bank | 125 West Main Street Saxonburg, PA 16056 | Full Service B&M | $93,459 |
| First Commonwealth Bank | 140 Lincoln Way West Massillon, OH 44646 | Full Service B&M | $74,847 |
| First Commonwealth Bank | 1400 Graham Avenue Windber, PA 15963 | Full Service B&M | $40,399 |
| First Commonwealth Bank | 14303 Clearfield-Shawville Highway Clearfield, PA 16830 | Full Service B&M | $23,383 |
| First Commonwealth Bank | 1506 Rt 30 Ligonier, PA 15658 | Full Service B&M | $32,294 |
| First Commonwealth Bank | 152 Market Street Leechburg, PA 15656 | Full Service B&M | $62,718 |
| First Commonwealth Bank | 1525 Third Avenue Duncansville, PA 16635 | Full Service B&M | $45,716 |
| First Commonwealth Bank | 1527 Lincoln Way White Oak, PA 15131 | Full Service B&M | $36,277 |
| First Commonwealth Bank | 1540 Oakland Avenue, Unit 4 Indiana, PA 15701 | Full Service B&M | $30,375 |
| First Commonwealth Bank | 1541 Menoher Boulevard Johnstown, PA 15905 | Full Service B&M | $32,888 |
| First Commonwealth Bank | 1626 Pitt Street Jennerstown, PA 15547 | Full Service B&M | $32,077 |
| First Commonwealth Bank | 1653 Penn Ave Hollsopple, PA 15935 | Full Service B&M | $16,508 |
| First Commonwealth Bank | 18431 Bennetts Valley Hwy Weedville, PA 15868 | Full Service B&M | $22,098 |
| First Commonwealth Bank | 1880 Heights Plaza Natrona Heights, PA 15065 | Full Service B&M | $71,103 |
| First Commonwealth Bank | 1942 Polaris Parkway Columbus, OH 43240 | Full Service B&M | $4,320 |
| First Commonwealth Bank | 198 Park Manor Drive Pittsburgh, PA 15205 | Full Service B&M | $49,500 |
| First Commonwealth Bank | 199 South Sandusky Street Delaware, OH 43015 | Full Service B&M | $32,615 |
| First Commonwealth Bank | 2 West High Street Ashley, OH 43003 | Full Service B&M | $20,045 |
| First Commonwealth Bank | 200 Market Street Leechburg, PA 15656 | Limited, Drive-thru | $0 |
| First Commonwealth Bank | 200 South Chestnut Street Derry, PA 15627 | Full Service B&M | $20,738 |
| First Commonwealth Bank | 2000 Pittsburgh Mills Blvd Tarentum, PA 15084 | Full Service B&M | $31,431 |
| First Commonwealth Bank | 2009 Pleasant Valley Blvd Altoona, PA 16602 | Full Service B&M | $55,127 |
| First Commonwealth Bank | 2040 North Center Avenue Somerset, PA 15501 | Full Service B&M | $29,780 |
| First Commonwealth Bank | 2150 Locust Street South Canal Fulton, OH 44614 | Full Service B&M | $56,929 |
| First Commonwealth Bank | 22 West Jefferson Street Jefferson, OH 44047 | Full Service B&M | $22,408 |
| First Commonwealth Bank | 2210 Ardmore Boulevard Pittsburgh, PA 15221 | Full Service B&M | $59,054 |
| First Commonwealth Bank | 223 Main Street Brookville, PA 15825 | Full Service B&M | $50,074 |
| First Commonwealth Bank | 224 Main Street Po Box 687 Plumville, PA 16246 | Full Service B&M | $24,499 |
| First Commonwealth Bank | 225 Fifth Ave Mckeesport, PA 15132 | Full Service B&M | $30,583 |
| First Commonwealth Bank | 2254 Route 119 Homer City, PA 15748 | Full Service B&M | $24,011 |
| First Commonwealth Bank | 25 Garfield Place Cincinnati, OH 45202 | Full Service B&M | $64,400 |
| First Commonwealth Bank | 2501 East Carson Street Pittsburgh, PA 15203 | Full Service B&M | $13,763 |
| First Commonwealth Bank | 2501 Sharky's Drive Latrobe, PA 15650 | Full Service B&M | $52,639 |
| First Commonwealth Bank | 2547 West State St New Castle, PA 16101 | Full Service B&M | $43,219 |
| First Commonwealth Bank | 27 East Washington Street New Castle, PA 16101 | Full Service B&M | $61,854 |
| First Commonwealth Bank | 2704 Lincoln Way East Massillon, OH 44646 | Full Service B&M | $55,304 |
| First Commonwealth Bank | 2724 Harts Run Road Allison Park, PA 15101 | Full Service B&M | $43,852 |
| First Commonwealth Bank | 2917 Whipple Avenue, N.W. Canton, OH 44708 | Full Service B&M | $54,716 |
| First Commonwealth Bank | 2984 E Pleasant Valley Blvd Altoona, PA 16601 | Full Service B&M | $45,504 |
| First Commonwealth Bank | 301 Mount Lebanon Blvd Pittsburgh, PA 15234 | Full Service B&M | $38,886 |
| First Commonwealth Bank | 308 East Gorgas Street Louisville, OH 44641 | Full Service B&M | $55,118 |
| First Commonwealth Bank | 3100 Atlantic Boulevard, N.E. Canton, OH 44705 | Full Service B&M | $31,282 |
| First Commonwealth Bank | 3100 Oakland Ave., Unit 27 Indiana, PA 15701 | Full Service B&M | $43,732 |
| First Commonwealth Bank | 311 Ski Gap Road Claysburg, PA 16625 | Full Service B&M | $41,543 |
| First Commonwealth Bank | 311 West Barr St Mc Donald, PA 15057 | Full Service B&M | $37,961 |
| First Commonwealth Bank | 3112 Elton Road Johnstown, PA 15904 | Full Service B&M | $26,545 |
| First Commonwealth Bank | 331 East Sixth Street Tarentum, PA 15084 | Full Service B&M | $38,699 |
| First Commonwealth Bank | 339 Mansfield Avenue Pittsburgh, PA 15220 | Full Service B&M | $22,976 |
| First Commonwealth Bank | 34 Evergreen Avenue Lewis Center, OH 43035 | Limited, Drive-thru | $2,598 |
| First Commonwealth Bank | 3430 Wilmington Road New Castle, PA 16105 | Full Service B&M | $37,092 |
| First Commonwealth Bank | 3521 Erie Avenue Cincinnati, OH 45208 | Full Service B&M | $21,362 |
| First Commonwealth Bank | 367 Main Street Kersey, PA 15846 | Full Service B&M | $27,811 |
| First Commonwealth Bank | 38 Greensburg Street Delmont, PA 15626 | Full Service B&M | $69,736 |
| First Commonwealth Bank | 3880 Old William Penn Highway Murrysville, PA 15668 | Full Service B&M | $78,069 |
| First Commonwealth Bank | 4000 Hempfield Plaza Blvd Ste 901 Greensburg, PA 15601 | Full Service B&M | $42,668 |
| First Commonwealth Bank | 409 East Poland Avenue Bessemer, PA 16112 | Full Service B&M | $33,334 |
| First Commonwealth Bank | 41 North Sandusky Street Delaware, OH 43015 | Full Service B&M | $143,181 |
| First Commonwealth Bank | 4198 Washington Road Mc Murray, PA 15317 | Full Service B&M | $30,210 |
| First Commonwealth Bank | 4200 Park Avenue Ashtabula, OH 44004 | Full Service B&M | $27,941 |
| First Commonwealth Bank | 427 Maple Street South Fork, PA 15956 | Full Service B&M | $20,728 |
| First Commonwealth Bank | 428 Station Street Bridgeville, PA 15017 | Full Service B&M | $81,291 |
| First Commonwealth Bank | 4300 East Broad Street Whitehall, OH 43213 | Full Service B&M | $25,646 |
| First Commonwealth Bank | 4327 Quaker Valley Road Alum Bank, PA 15521 | Full Service B&M | $24,172 |
| First Commonwealth Bank | 436 Magee Avenue Patton, PA 16668 | Full Service B&M | $33,649 |
| First Commonwealth Bank | 4555 Belden Village St, N.W. Canton, OH 44718 | Full Service B&M | $112,157 |
| First Commonwealth Bank | 4600 Main Street Munhall, PA 15120 | Full Service B&M | $94,157 |
| First Commonwealth Bank | 4730 Montgomery Road Norwood, OH 45212 | Full Service B&M | $26,712 |
| First Commonwealth Bank | 4900 Liberty Avenue Pittsburgh, PA 15224 | Full Service B&M | $42,041 |
| First Commonwealth Bank | 5 North Main Street Du Bois, PA 15801 | Full Service B&M | $107,941 |
| First Commonwealth Bank | 5 South Fourth Street Youngwood, PA 15697 | Full Service B&M | $60,248 |
| First Commonwealth Bank | 500 East Waterfront Dr Homestead, PA 15120 | Full Service B&M | $53,595 |
| First Commonwealth Bank | 510 Grant Street Ste 150 Pittsburgh, PA 15219 | Full Service B&M | $149,458 |
| First Commonwealth Bank | 5167 William Flynn Highway Gibsonia, PA 15044 | Full Service B&M | $45,058 |
| First Commonwealth Bank | 520 Butler Crossing Butler, PA 16001 | Full Service B&M | $25,107 |
| First Commonwealth Bank | 5200 Butler Street Pittsburgh, PA 15201 | Full Service B&M | $13,967 |
| First Commonwealth Bank | 525 Sunshine Avenue Central City, PA 15926 | Full Service B&M | $15,402 |
| First Commonwealth Bank | 53 East Market Street Blairsville, PA 15717 | Full Service B&M | $53,571 |
| First Commonwealth Bank | 5355 Shaffer Road Dubois, PA 15801 | Full Service B&M | $50,759 |
| First Commonwealth Bank | 548 Rock Run Road Elizabeth, PA 15037 | Full Service B&M | $52,504 |
| First Commonwealth Bank | 55 Alpha Drive West Pittsburgh, PA 15238 | Full Service B&M | $48,014 |
| First Commonwealth Bank | 550 Market Place Drive Oakdale, PA 15071 | Full Service B&M | $38,985 |
| First Commonwealth Bank | 5580 Goods Lane, Ste 1012 Altoona, PA 16602 | Full Service B&M | $60,719 |
| First Commonwealth Bank | 5594 Wales Avenue, N.W. Massillon, OH 44646 | Full Service B&M | $84,187 |
| First Commonwealth Bank | 573 West Mahoning Street Punxsutawney, PA 15767 | Full Service B&M | $53,626 |
| First Commonwealth Bank | 5847 Forbes Avenue Pittsburgh, PA 15217 | Full Service B&M | $18,667 |
| First Commonwealth Bank | 600 Philadelphia Street Indiana, PA 15701 | Full Service B&M | $292,416 |
| First Commonwealth Bank | 601 Hancock Avenue Vandergrift, PA 15690 | Full Service B&M | $42,573 |
| First Commonwealth Bank | 6015 Mountain View Drive West Mifflin, PA 15122 | Full Service B&M | $52,154 |
| First Commonwealth Bank | 6156 Highland Lakes Avenue Westerville, OH 43081 | Full Service B&M | $119,328 |
| First Commonwealth Bank | 6252 Middlebranch Ave, N.E. Canton, OH 44721 | Full Service B&M | $43,386 |
| First Commonwealth Bank | 647 N. High St Columbus, OH 43215 | Full Service B&M | $18,723 |
| First Commonwealth Bank | 6514 Route 22 Delmont, PA 15626 | Full Service B&M | $50,532 |
| First Commonwealth Bank | 6999 Crider Road Mars, PA 16046 | Full Service B&M | $24,709 |
| First Commonwealth Bank | 708 West High Street Ebensburg, PA 15931 | Full Service B&M | $40,462 |
| First Commonwealth Bank | 709 Hannah Street Houtzdale, PA 16651 | Full Service B&M | $32,834 |
| First Commonwealth Bank | 7319 Sawmill Parkway Powell, OH 43065 | Full Service B&M | $13,172 |
| First Commonwealth Bank | 744 Little Deer Creek Valley Road Russellton, PA 15076 | Full Service B&M | $34,589 |
| First Commonwealth Bank | 75 South Miller Drive Sunbury, OH 43074 | Full Service B&M | $80,404 |
| First Commonwealth Bank | 750 East Pittsburgh Street Greensburg, PA 15601 | Full Service B&M | $80,484 |
| First Commonwealth Bank | 80 Wagner Road Monaca, PA 15061 | Full Service B&M | $17,200 |
| First Commonwealth Bank | 803 South Center Avenue Hunker, PA 15639 | Full Service B&M | $41,620 |
| First Commonwealth Bank | 81 Gallopers Ridge East Lewis Center, OH 43035 | Full Service B&M | $51,869 |
| First Commonwealth Bank | 8291 State Rt. 22 New Alexandria, PA 15670 | Full Service B&M | $52,729 |
| First Commonwealth Bank | 8470 William Penn Road Osterburg, PA 16667 | Full Service B&M | $28,157 |
| First Commonwealth Bank | 900 Saxonburg Blvd Pittsburgh, PA 15223 | Full Service B&M | $80,915 |
| First Commonwealth Bank | 920 Philadelphia Avenue Northern Cambria, PA 15714 | Full Service B&M | $30,273 |
| First Commonwealth Bank | 9503 Lincoln Hwy, Lincoln Center Bedford, PA 15522 | Full Service B&M | $29,876 |
| First Commonwealth Bank | 954 State Route 28 Milford, OH 45150 | Full Service B&M | $30,420 |
| First Commonwealth Bank | 980 West Central Avenue Suite A Delaware, OH 43015 | Full Service B&M | $52,326 |
| First Commonwealth Bank | 9960 Springfield Pike Cincinnati, OH 45215 | Full Service B&M | $21,683 |
| First Commonwealth Bank | Baptist And Grove Rd. Pittsburgh, PA 15236 | Full Service B&M | $58,611 |
| First Commonwealth Bank | Main And Federal Streets Midway, OH 43151 | Full Service B&M | $10,198 |
| First Commonwealth Bank | Rt 220 And North Juniata St Hollidaysburg, PA 16648 | Full Service B&M | $57,558 |
For 2019, First Commonwealth Bank had 136 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $325,230 |
| Net interest income | $273,563 |
| Total noninterest income | $85,643 |
| Gross Fiduciary activities income | $8,321 |
| Service charges on deposit accounts | $18,926 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $58,396 |
| Pre-tax net operating income | $138,927 |
| Securities gains (or losses, -) | $22 |
| Income before extraordinary items | $111,709 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $111,709 |
| Minority interest net income | $0 |
| Net income | $111,709 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $111,691 |
First Commonwealth Bank's gross interest income from loans was $325,230,000.
First Commonwealth Bank's net interest income from loans was $273,563,000.
First Commonwealth Bank's fee based income from loans was $18,926,000.
First Commonwealth Bank's net income from loans was $111,709,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $51,667 |
| Provision for credit losses | $14,533 |
| Total noninterest expense | $205,746 |
| Salaries and employee benefits | $112,652 |
| Premises and equipment expense | $34,863 |
| Additional noninterest expense | $58,231 |
| Applicable income taxes | $27,240 |
| Net charge-offs | $10,660 |
| Cash dividends | $55,846 |
First Commonwealth Bank's interest expense for loans was $51,667,000.
First Commonwealth Bank's payroll and benefits expense were $112,652,000.
First Commonwealth Bank's property, plant and equipment expenses $34,863,000.
Loan Performance
| Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
|---|---|
| All loans | 0.0% |
| Real Estate loans | 0.0% |
| Construction & Land Development loans | 0.0% |
| Nonfarm, nonresidential loans | 0.0% |
| Multifamily residential loans | 0.0% |
| 1-4 family residential loans | 0.0% |
| HELOC loans | 0.0% |
| All other family | 0.0% |
| Commercial & industrial loans | 0.0% |
| Personal loans | 0.0% |
| Credit card loans | 1.1% |
| Other individual loans | 0.0% |
| Auto loans | 0.0% |
| Other consumer loans | 0.0% |
| Unsecured commercial real estate loans | 0.0% |
Deposits
| Type | Value (in 000's) |
|---|---|
| Total deposits | $6,700,163 |
| Deposits held in domestic offices | $6,700,163 |
| Deposits by Individuals, partnerships, and corporations | $6,064,387 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $633,192 |
| Deposits by Commercial banks and other depository institutions in U.S. | $2,584 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $624,308 |
| Demand deposits | $369,328 |
| Nontransaction accounts | $6,075,855 |
| Money market deposit accounts (MMDAs) | $3,749,964 |
| Other savings deposits (excluding MMDAs) | $1,490,040 |
| Total time deposits | $835,851 |
| Total time and savings deposits | $6,330,835 |
| Noninterest-bearing deposits | $1,712,795 |
| Interest-bearing deposits | $4,987,368 |
| Retail deposits | $6,556,334 |
| IRAs and Keogh plan accounts | $111,225 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $8,288,367 |
| Cash & Balances due from depository institutions | $119,827 |
| Interest-bearing balances | $18,360 |
| Total securities | $1,238,438 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $6,153,487 |
| Loan and leases loss allowance | $51,637 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $133,169 |
| Other real estate owned | $2,228 |
| Goodwill and other intangibles | $314,550 |
| All other assets | $326,668 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $8,288,367 |
| Total Liabilities | $7,209,656 |
| Total deposits | $6,700,163 |
| Interest-bearing deposits | $4,987,368 |
| Deposits held in domestic offices | $6,700,163 |
| % insured (estimated) | $75 |
| Federal funds purchased and repurchase agreements | $65,653 |
| Trading liabilities | $0 |
| Other borrowed funds | $252,827 |
| Subordinated debt | $98,283 |
| All other liabilities | $92,730 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $6,153,487 |
| Loan and leases loss allowance | $51,637 |
| Total loans and leases (domestic) | $6,205,124 |
| All real estate loans | $4,263,909 |
| Real estate loans in domestic offices | $4,263,909 |
| Construction and development loans | $453,803 |
| Residential 1-4 family construction | $78,654 |
| Other construction, all land development and other land | $375,149 |
| Loans secured by nonfarm nonresidential properties | $1,802,900 |
| Nonfarm nonresidential secured by owner-occupied properties | $401,814 |
| Commercial real estate & other non-farm, non-residential | $1,401,086 |
| Multifamily residential real estate | $310,732 |
| 1-4 family residential loans | $1,692,587 |
| Farmland loans | $3,887 |
| Loans held in foreign offices | $0 |
| Farm loans | $1,193 |
| Commercial and industrial loans | $1,089,013 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $699,362 |
| Credit card loans | $13,247 |
| Related Plans | $57,856 |
| Consumer Auto Loans | $573,699 |
| Other loans to individuals | $54,560 |
| All other loans & leases | $151,647 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $27,243 |
| Loans to depository institutions and acceptances of other banks | $0 |
| Loans not secured by real estate | $0 |
| Loans secured by real estate to non-U.S. addressees | $0 |
| Restructured Loans & leases | $7,179 |
| Non 1-4 family restructured loans & leases | $3,106 |
| Total loans and leases (foreign) | $0 |
First Commonwealth Bank had $6,153,487,000 of loans outstanding in 2019. $4,263,909,000 of loans were in real estate loans. $453,803,000 of loans were in development loans. $310,732,000 of loans were in multifamily mortgage loans. $1,692,587,000 of loans were in 1-4 family mortgage loans. $1,193,000 of loans were in farm loans. $13,247,000 of loans were in credit card loans. $573,699,000 of loans were in the auto loan category.
Small Business Loans
| Categorization | # of Loans in Category | $ amount of loans (in 000's) | Average $/loan |
|---|---|---|---|
| Nonfarm, nonresidential loans - <$1MM | 1,537 | $277,723 | $180,692 |
| Nonfarm, nonresidential loans - <$100k | 406 | $13,892 | $34,217 |
| Nonfarm, nonresidential loans - $100-250k | 543 | $57,020 | $105,009 |
| Nonfarm, nonresidential loans - $250k-1MM | 588 | $206,811 | $351,719 |
| Commercial & Industrial, US addressed loans - <$1MM | 7,383 | $201,909 | $27,348 |
| Commercial & Industrial, US addressed loans - <$100k | 6,560 | $71,476 | $10,896 |
| Commercial & Industrial, US addressed loans - $100-250k | 422 | $34,380 | $81,469 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 401 | $96,053 | $239,534 |
| Farmland loans - <$1MM | 20 | $1,423 | $71,150 |
| Farmland loans - <$100k | 6 | $226 | $37,667 |
| Farmland loans - $100-250k | 12 | $909 | $75,750 |
| Farmland loans - $250k-1MM | 2 | $288 | $144,000 |
| Agriculture operations loans - <$1MM | 22 | $1,190 | $54,091 |
| Agriculture operations loans - <$100k | 17 | $621 | $36,529 |
| Agriculture operations loans - $100-250k | 4 | $98 | $24,500 |
| Agriculture operations loans - $250k-1MM | 1 | $471 | $471,000 |