XML 42 R31.htm IDEA: XBRL DOCUMENT
v3.25.3

Fair Values of Assets and Liabilities (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Fair Value Disclosures [Abstract] |  |
Fair Value Inputs, Assets, Quantitative Information |  |
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis | The tables below present the balances of assets and liabilities measured at fair value on a recurring basis:
| September 30, 2025
| Level 1 |  | Level 2 |  | Level 3 |  | Total
| (dollars in thousands)
Obligations of U.S. Government Agencies: |  |  |  |  |  |  |
Mortgage-Backed Securities - Residential | $ | — |  |  | $ | 2,595 |  |  | $ | — |  |  | $ | 2,595 |
Mortgage-Backed Securities - Commercial | — |  |  | 674,907 |  |  | — |  |  | 674,907 |
Obligations of U.S. Government-Sponsored Enterprises: |  |  |  |  |  |  |
Mortgage-Backed Securities - Residential | — |  |  | 315,046 |  |  | — |  |  | 315,046 |
Other Government-Sponsored Enterprises | — |  |  | 976 |  |  | — |  |  | 976 |
Obligations of States and Political Subdivisions | — |  |  | 7,383 |  |  | — |  |  | 7,383 |
Corporate Securities | — |  |  | 58,072 |  |  | — |  |  | 58,072 |
Total Securities Available for Sale | — |  |  | 1,058,979 |  |  | — |  |  | 1,058,979 |
Loans Held for Sale | — |  |  | 38,600 |  |  | — |  |  | 38,600 |
Other Assets(a) | — |  |  | 10,564 |  |  | — |  |  | 10,564 |
Total Assets | $ | — |  |  | $ | 1,108,143 |  |  | $ | — |  |  | $ | 1,108,143 |
Other Liabilities(a) | $ | — |  |  | $ | 12,835 |  |  | $ | — |  |  | $ | 12,835 |
Total Liabilities | $ | — |  |  | $ | 12,835 |  |  | $ | — |  |  | $ | 12,835 |
(a)Hedging and non-hedging interest rate derivatives
| December 31, 2024
| Level 1 |  | Level 2 |  | Level 3 |  | Total
| (dollars in thousands)
Obligations of U.S. Government Agencies: |  |  |  |  |  |  |
Mortgage-Backed Securities - Residential | $ | — |  |  | $ | 2,898 |  |  | $ | — |  |  | $ | 2,898 |
Mortgage-Backed Securities - Commercial | — |  |  | 724,175 |  |  | — |  |  | 724,175 |
Obligations of U.S. Government-Sponsored Enterprises: |  |  |  |  |  |  |
Mortgage-Backed Securities - Residential | — |  |  | 350,584 |  |  | — |  |  | 350,584 |
Other Government-Sponsored Enterprises | — |  |  | 946 |  |  | — |  |  | 946 |
Obligations of States and Political Subdivisions | — |  |  | 7,527 |  |  | — |  |  | 7,527 |
Corporate Securities | — |  |  | 61,493 |  |  | — |  |  | 61,493 |
Total Securities Available for Sale | — |  |  | 1,147,623 |  |  | — |  |  | 1,147,623 |
Loans Held for Sale | — |  |  | 51,991 |  |  | — |  |  | 51,991 |
Other Assets(a) | — |  |  | 41,569 |  |  | — |  |  | 41,569 |
Total Assets | $ | — |  |  | $ | 1,241,183 |  |  | $ | — |  |  | $ | 1,241,183 |
Other Liabilities(a) | $ | — |  |  | $ | 51,983 |  |  | $ | — |  |  | $ | 51,983 |
Total Liabilities | $ | — |  |  | $ | 51,983 |  |  | $ | — |  |  | $ | 51,983 |
(a)Hedging and non-hedging interest rate derivatives | [1],[2]
Schedule of Assets Measured on Non-Recurring Basis | The tables below present the balances of assets measured at fair value on a nonrecurring basis at the dates shown below:
| September 30, 2025
| Level 1 |  | Level 2 |  | Level 3 |  | Total
| (dollars in thousands)
Nonperforming loans | $ | — |  |  | $ | 52,755 |  |  | $ | 23,419 |  |  | $ | 76,174 |
Other real estate owned | — |  |  | 919 |  |  | — |  |  | 919 |
Total Assets | $ | — |  |  | $ | 53,674 |  |  | $ | 23,419 |  |  | $ | 77,093 |
| December 31, 2024
| Level 1 |  | Level 2 |  | Level 3 |  | Total
| (dollars in thousands)
Nonperforming loans | $ | — |  |  | $ | 39,407 |  |  | $ | 14,084 |  |  | $ | 53,491 |
Other real estate owned | — |  |  | 1,215 |  |  | — |  |  | 1,215 |
Total Assets | $ | — |  |  | $ | 40,622 |  |  | $ | 14,084 |  |  | $ | 54,706 |
Losses Realized on Assets Measured on Non-Recurring Basis | The following (losses) gains were realized on the assets measured on a nonrecurring basis:
| For the Three Months Ended September 30, |  | For the Nine Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
| (dollars in thousands)
Nonperforming loans | $ | (6,251) |  |  | $ | (6,914) |  |  | $ | (15,488) |  |  | $ | (12,413) |
Other real estate owned | (35) |  |  | (34) |  |  | (35) |  |  | (68) |
Total losses | $ | (6,286) |  |  | $ | (6,948) |  |  | $ | (15,523) |  |  | $ | (12,481) |
Carrying Amounts and Fair Values of Financial Instruments | The following table presents carrying amounts and fair values of First Commonwealth’s financial instruments:
| September 30, 2025
|  |  | Fair Value Measurements Using:
| Carrying Amount |  | Total |  | Level 1 |  | Level 2 |  | Level 3
| (dollars in thousands)
Financial assets |  |  |  |  |  |  |  |  |
Cash and due from banks | $ | 117,241 |  |  | $ | 117,241 |  |  | $ | 117,241 |  |  | $ | — |  |  | $ | — |
Interest-bearing deposits | 44,170 |  |  | 44,170 |  |  | 44,170 |  |  | — |  |  | — |
Securities available for sale | 1,058,979 |  |  | 1,058,979 |  |  | — |  |  | 1,058,979 |  |  | — |
Securities held to maturity | 479,915 |  |  | 428,162 |  |  | — |  |  | 428,162 |  |  | — |
Other investments | 41,458 |  |  | 41,458 |  |  | — |  |  | 35,726 |  |  | 5,732 |
Loans held for sale | 62,566 |  |  | 63,766 |  |  | — |  |  | 63,766 |  |  | — |
Loans and leases | 9,688,288 |  |  | 9,813,044 |  |  | — |  |  | 52,755 |  |  | 9,760,289 |
Financial liabilities |  |  |  |  |  |  |  |  |
Deposits | 10,231,340 |  |  | 10,277,533 |  |  | — |  |  | 10,277,533 |  |  | — |
Short-term borrowings | 149,557 |  |  | 149,551 |  |  | — |  |  | 149,551 |  |  | — |
Subordinated debt | 128,425 |  |  | 119,692 |  |  | — |  |  | — |  |  | 119,692 |
Long-term debt | 129,757 |  |  | 130,348 |  |  | — |  |  | 130,348 |  |  | — |
Capital lease obligation | 3,875 |  |  | 3,875 |  |  | — |  |  | 3,875 |  |  | — |
| December 31, 2024
|  |  | Fair Value Measurements Using:
| Carrying Amount |  | Total |  | Level 1 |  | Level 2 |  | Level 3
| (dollars in thousands)
Financial assets |  |  |  |  |  |  |  |  |
Cash and due from banks | $ | 105,051 |  |  | $ | 105,051 |  |  | $ | 105,051 |  |  | $ | — |  |  | $ | — |
Interest-bearing deposits | 28,358 |  |  | 28,358 |  |  | 28,358 |  |  | — |  |  | — |
Securities available for sale | 1,147,623 |  |  | 1,147,623 |  |  | — |  |  | 1,147,623 |  |  | — |
Securities held to maturity | 405,639 |  |  | 336,719 |  |  | — |  |  | 336,719 |  |  | — |
Other investments | 30,954 |  |  | 30,954 |  |  | — |  |  | 25,222 |  |  | 5,732 |
Loans held for sale | 51,991 |  |  | 52,219 |  |  | — |  |  | 52,219 |  |  | — |
Loans and leases | 8,983,754 |  |  | 8,999,020 |  |  | — |  |  | 39,407 |  |  | 8,959,613 |
Financial liabilities |  |  |  |  |  |  |  |  |
Deposits | 9,678,019 |  |  | 9,672,358 |  |  | — |  |  | 9,672,358 |  |  | — |
Short-term borrowings | 80,139 |  |  | 79,151 |  |  | — |  |  | 79,151 |  |  | — |
Subordinated debt | 128,305 |  |  | 115,747 |  |  | — |  |  | — |  |  | 115,747 |
Long-term debt | 130,353 |  |  | 129,880 |  |  | — |  |  | 129,880 |  |  | — |
Capital lease obligation | 4,327 |  |  | 4,327 |  |  | — |  |  | 4,327 |  |  | — |
[1] | Hedging and non-hedging interest rate derivatives
[2] | Hedging and non-hedging interest rate derivatives

X
- Definition Losses realized on assets measured on non-recurring basis. + References No definition available. + Details
Name: | fcf_LossesRealizedOnAssetsMeasuredOnNonrecurringBasisTableTextBlock
Namespace Prefix: | fcf_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 103 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-103 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name Accounting Standards Codification -Section 55 -Paragraph 10 -SubTopic 10 -Topic 825 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482881/825-10-55-10 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-13 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482881/825-10-55-12 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-12 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-11 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration