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Subordinated Debentures Subordinated Debentures Outstanding (Tables) | 6 Months Ended
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Jun. 30, 2023
Revenue Recognition and Deferred Revenue [Abstract] |
Schedule of Subordinated Borrowing [Table Text Block] | Subordinated debentures outstanding are as follows:
|  |  |  |  |  | June 30, 2023 |  | December 31, 2022
| Due | Rate |  | LIBOR Replacement Rate |  | Amount |  |  |  | Amount |  |
|  |  |  |  |  | (dollars in thousands)
Owed to: |  |  |  |  |  |  |  |  |  |  |  |
First Commonwealth Bank | 2028 | 3-Month LIBOR + 1.845% |  | 3-month CME Term SOFR + 0.26161% |  | $ | 49,546 |  |  |  |  | $ | 49,499 |  |  |
First Commonwealth Bank | 2033 | 5.50% until June 1, 2028, then 3-Month LIBOR + 2.37% |  | 3-month CME Term SOFR + 0.26161% |  | 49,306 |  |  |  |  | 49,271 |  |  |
First Commonwealth Financial Corp | 2031 | 4.50% until March 29, 2026, then Prime + 1.00% |  | N/A - LIBOR not used |  | 6,600 |  |  |  |  | — |  |  |
First Commonwealth Capital Trust II | 2034 | 3-Month LIBOR + 2.85% |  | 3-month CME Term SOFR + 0.26161% |  | 30,929 |  |  |  |  | 30,929 |  |  |
First Commonwealth Capital Trust III | 2034 | 3-Month LIBOR + 2.85% |  | 3-month CME Term SOFR + 0.26161% |  | 41,238 |  |  |  |  | 41,238 |  |  |
Total |  |  |  |  |  | $ | 177,619 |  |  |  |  | $ | 170,937 |  |  |

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- Definition Tabular disclosure of borrowings under subordinated debt agreements that qualify as available in computing net capital under SEC uniform net capital rules for broker-dealers, including restrictive covenants, collateral, interest rates and due dates, amounts due by date and amount owed in total. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 470 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480876/942-470-45-1 + Details
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