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Other Long-term Debt | 12 Months Ended
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Dec. 31, 2023
Debt Disclosure [Abstract] |
Other Long-term Debt | Other Long-term Debt Other long-term debt at December 31 follows:
| 2023 |  | 2022
| Amount |  | Weighted Average Contractual Rate |  |  |  | Amount |  | Weighted Average Contractual Rate |  |
| (dollars in thousands)
Borrowings from FHLB due: |  |  |  |  |  |  |  |  |  |  |
2023 |  |  |  |  |  |  | $ | 740 |  |  | 3.86 | % |  |
2024 | $ | 769 |  |  | 3.86 | % |  |  |  | 769 |  |  | 3.86 |  |  |
2025 | 799 |  |  | 3.86 |  |  |  |  | 799 |  |  | 3.86 |  |  |
2026 | 830 |  |  | 3.87 |  |  |  |  | 830 |  |  | 3.87 |  |  |
2027 | 863 |  |  | 3.87 |  |  |  |  | 863 |  |  | 3.87 |  |  |
2028 | 620 |  |  | 3.64 |  |  |  |  |  |  |  |  |
Thereafter | 241 |  |  | 3.13 |  |  |  |  | 861 |  |  | 3.49 |  |  |
Total | $ | 4,122 |  |  |  |  |  |  | $ | 4,862 |  |  |  |  |
The weighted average contractual rate reflects the rate due to creditors. The weighted average effective rate of long-term debt is equal to the weighted average contractual rate. All of First Commonwealth’s Federal Home Loan Bank stock, along with an interest in mortgage loans and residential mortgage backed securities, has been pledged as collateral with the Federal Home Loan Bank of Pittsburgh. Capital securities included in total long-term debt on the Consolidated Statements of Financial Condition are excluded from the above, but are described in Note 15, “Subordinated Debentures.”

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- Definition The entire disclosure for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 470 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//470/tableOfContent + Details
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