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Premises and Equipment (Tables)

12 Months Ended

Dec. 31, 2018

Property, Plant and Equipment [Abstract]

Schedule of Premises and Equipment

Premises and equipment are described as follows:

	Estimated Useful Life		2018				2017
	(dollars in thousands)
Land	Indefinite		$	15,359			$	15,389
Buildings and improvements	10-50 years		78,643				88,386
Leasehold improvements	5-40 years		27,573				17,812
Furniture and equipment	3-7 years		67,735				64,609
Software	3-7 years		38,800				37,434
Subtotal			228,110				223,630
Less accumulated depreciation and amortization			147,636				142,291
Total premises and equipment			$	80,474			$	81,339

Schedule of Future Minimum Rentals

First Commonwealth leases various premises and assorted equipment under non-cancellable agreements. Total future minimal rental commitments at December 31, 2018, were as follows:

	Premises				Equipment
	(dollars in thousands)
2019	$	4,871			$	74
2020	4,965				28
2021	4,965				13
2022	4,899				5
2023	4,928				—
Thereafter	44,777				—
Total	$	69,405			$	120

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(13))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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- Definition

Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 840
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717

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