First Commonwealth Bank
First Commonwealth Bank reported total assets of $12.2 bn at Q2 2026, down 0.2% on a year earlier, the 143rd largest of 497 banks in our US coverage. The CET1 capital ratio at First Commonwealth Bank was 12.24%, and the uninsured share of First Commonwealth Bank was 27.53%. Source: FDIC Call Reports.
Key takeaways
- Since , First Commonwealth Bank has taken over 4 institutions; the latest was CenterBank on (FDIC Call Reports).
- On noncurrent loans to total loans, First Commonwealth Bank climbed from 414th to 335th among 500 US banks between and (1 = lowest; FDIC Call Reports).
What sets First Commonwealth Bank apart
How large is First Commonwealth Bank?
The balance sheet of First Commonwealth Bank at : assets $12.2 bn, deposits $10.3 bn, net loans $9.4 bn (loans equal to 90.81% of deposits). Securities make up 13.7% of total assets at First Commonwealth Bank. Since , when First Commonwealth Bank held $6.7 bn, its assets grew 82.3%. In the year to , deposits at First Commonwealth Bank rose 1.4% while its total assets fell 0.2%. At , First Commonwealth Bank employed 1,589 full-time equivalent staff across 129 offices, about $7.7 mn of assets per employee and $80.1 mn of deposits per office.
How much funding at First Commonwealth Bank is uninsured?
At First Commonwealth Bank, uninsured deposits (above the FDIC limit) made up 27.53% of domestic deposits at (-0.33 pp on a year earlier); First Commonwealth Bank ranks 343rd of 500 on this measure. In dollars, First Commonwealth Bank estimated $2.8 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $10.3 bn | +1.4% | 140th of 499 |
| Net loans and leases | $9.4 bn | -1.0% | 132nd of 500 |
| Loan-to-deposit ratio | 90.81% | -2.18 pp | 176th of 500 |
| Tier 1 leverage ratio | 10.17% | +0.28 pp | 275th of 500 |
| Total risk-based capital ratio | 14.00% | +0.61 pp | 251st of 448 |
| Net interest margin | 4.00% | +0.21 pp | 138th of 500 |
| Return on assets (ROA) | 1.40% | +0.21 pp | 198th of 500 |
| Efficiency ratio | 52.85% | -3.82 pp | 190th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $53.3 mn | Narrowed by $2.2 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $91.0 mn | Narrowed by $2.4 mn | |
| Noncurrent loans to total loans | 0.89% | -0.16 pp | 335th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.41% | +0.28 pp | 423rd of 500 (1 = lowest) |
US rank of First Commonwealth Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
First Commonwealth Bank: assets, deposits and loans
- Total assets $12.2bn
- Deposits $10.3bn
- Net loans $9.4bn
Capital and securities
The CET1 ratio of First Commonwealth Bank stood at 12.24% in , +0.60 pp year on year. Low and high at First Commonwealth Bank since : 9.43% () to 12.24% (). Equity capital of First Commonwealth Bank at : $1.5 bn, or 12.5% of total assets. First Commonwealth Bank also reported a total capital ratio of 14.00% for , and a tier 1 leverage ratio of 10.17%.
On held-to-maturity securities, First Commonwealth Bank carried an unrealized loss of $53.3 mn at , equal to 3.5% of equity capital. The loss narrowed by $2.2 mn over the year. Its deepest point: $87.9 mn in . The available-for-sale portfolio of First Commonwealth Bank showed an unrealized loss of $91.0 mn at ; the loss narrowed by $2.4 mn over the year.
First Commonwealth Bank: capital ratios
- Total capital 14%
- CET1 12%
- Tier 1 leverage 10%
First Commonwealth Bank: unrealized securities gains and losses
- Available for sale -$91mn
- Held to maturity -$53mn
Profitability and loan quality
For the year to , First Commonwealth Bank earned a return on equity of 11.32%; return on assets: 1.40%. Net interest margin at First Commonwealth Bank: 4.00%, +0.21 pp in a year. First Commonwealth Bank net income: $85.5 mn, up 21.4% year on year. The efficiency ratio of First Commonwealth Bank was 52.85%: about 53 cents cost per revenue dollar, against 63 cents at the median peer.
At , noncurrent loans were 0.89% of total loans at First Commonwealth Bank; net charge-offs: 0.41% of average loans. Gross loans and leases at First Commonwealth Bank: $9.5 bn, down 1.1% in a year.
First Commonwealth Bank: profitability
- Return on equity 11%
- Net interest margin 4.0%
- Return on assets 1.4%
Peer group of First Commonwealth Bank
The peer group of First Commonwealth Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of First Commonwealth Bank (state nonmember bank), 6 sit in the same size group ($10 bn to $100 bn) and 0 have head offices in Pennsylvania. Against them, First Commonwealth Bank shows CET1 ratio 12.24% against a peer median of 13.21%, return on equity 11.32% against a peer median of 12.17% and uninsured deposit share 27.53% against a peer median of 38.01%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| The Park National Bank | National bank | OH | $12.6 bn | 12.24% | 16.37% | 22.29% | |
| NBH Bank | State member bank | CO | $12.5 bn | 12.27% | 8.40% | 30.37% | |
| Happen Bank | National bank | UT | $12.5 bn | 15.57% | 15.94% | 11.97% | |
| First Commonwealth Bank | State nonmember bank | PA | $12.2 bn | 12.24% | 11.32% | 27.53% | |
| Columbia Bank | Federal savings bank | NJ | $12.2 bn | 13.19% | 5.31% | 45.65% | |
| Oriental Bank | State nonmember bank | PR | $12.0 bn | 13.22% | 16.60% | 52.02% | |
| Farmers and Merchants Bank of Long Beach | State member bank | CA | $11.8 bn | 18.25% | 7.10% | 54.45% | |
. FDIC Call Reports.
Last eight quarters
Two years at First Commonwealth Bank, to : assets +1.9%, deposits +5.1%, equity +11.1%. Staff 1,500 to 1,589; offices 127 to 129.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $12.0 bn | $11.6 bn | $11.8 bn | $12.2 bn | $12.3 bn | $12.3 bn | $12.2 bn | $12.2 bn |
| Total deposits | $9.8 bn | $9.8 bn | $10.0 bn | $10.2 bn | $10.3 bn | $10.3 bn | $10.5 bn | $10.3 bn |
| Bank equity capital | $1.4 bn | $1.4 bn | $1.4 bn | $1.5 bn | $1.5 bn | $1.5 bn | $1.5 bn | $1.5 bn |
| CET1 ratio | 11.65% | 11.85% | 11.84% | 11.64% | 11.70% | 11.69% | 12.01% | 12.24% |
| Return on equity (ROE) | 11.32% | 11.28% | 9.98% | 9.93% | 10.51% | 11.02% | 10.48% | 11.32% |
| Uninsured share of domestic deposits | 28.95% | 27.02% | 27.43% | 27.87% | 28.96% | 28.39% | 28.46% | 27.53% |
| Full-time equivalent employees | 1,500 | 1,512 | 1,538 | 1,562 | 1,548 | 1,567 | 1,592 | 1,589 |
| Number of offices | 127 | 128 | 128 | 130 | 130 | 129 | 129 | 129 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of First Commonwealth Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed First Community Bank (FDIC certificate 17520).
- . Absorbed The Delaware County Bank and Trust Company (FDIC certificate 16940).
- . Absorbed Foundation Bank (FDIC certificate 28724).
- . Absorbed Centric Bank (FDIC certificate 7461).
- . Absorbed CenterBank (FDIC certificate 35117).
Questions and identifiers
What were the total assets of First Commonwealth Bank?
First Commonwealth Bank reported $12.2 bn at in its Call Report. That makes First Commonwealth Bank the 143rd largest of 497 banks in our US coverage.
Is First Commonwealth Bank the same as its holding company?
No. This page covers First Commonwealth Bank, FDIC certificate 7468; FIRST COMMONWEALTH FINL CORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is First Commonwealth Bank profitable?
First Commonwealth Bank reported net income of $85.5 mn for the year to ; annualized return on equity: 11.32%. So yes: First Commonwealth Bank made a profit over these months.
When is data for First Commonwealth Bank next updated?
Figures from First Commonwealth Bank for are due after .
Where can I check the figures for First Commonwealth Bank?
In the FDIC BankFind Suite record for certificate 7468, and in the Call Reports of First Commonwealth Bank (RSSD ID 42420) at the FFIEC Central Data Repository.