Institution Statistics
| First Commonwealth Bank | | FDIC Certificate # | 7468 | | BankRate Report | View | | Year Established | 1880 | | Employees | 1071 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $5.91 billion | | Loans | $4.08 billion | | Deposits | $4.64 billion | | Equity Capital | $734.36 million | | Loan Loss Allowance | $60.73 million | | Unbacked Noncurrent Loans | $91.15 million | | Real Estate Owned | $21.34 million |
Historic Data - March 2011 | | Assets | $5.70 billion | | Equity Capital | $706.61 million | | Loan Loss Allowance | $76.79 million | | Unbacked Noncurrent Loans | $143.62 million | | Real Estate Owned | $28.77 million |
Profit Margin - Quarterly | | Net Interest Margin | 3.82% | | Return on Assets | 0.93% | | Return on Equity | 7.45% | | Interest Income | $56.57 million |
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Institution Health
Overall Score:
4 out of 5 
| Texas Ratio |  | | The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 First Commonwealth Bank had $112.49 million in non-current loans and owned real-estate with $795.09 million in equity and loan loss allowances on hand to cover it. This gives First Commonwealth Bank a Texas Ratio of 14.15% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend | | | The Texas Ratio for First Commonwealth Bank decreased slightly from 21.64% as of March 31, 2011 to 14.15% as of March 31, 2012, resulting in a positive change of 34.64%.This indicates that the balance sheet and financial strength for First Commonwealth Bank has improved slightly in recent periods. | | Deposit Growth |  | | In the past year, First Commonwealth Bank has decreased its total deposits by -$11.79 million, resulting in -0.25% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First Commonwealth Bank has shown is average. | | Capitalization |  | | Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First Commonwealth Bank has $5.91 billion in assets with $795.09 million in equity, resulting in a capitalization level of 13.46%, which is excellent. |
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Average User Rating:
Worst Bank Ever!
Now this bank has the nerve to lure small busines in local areas into letting them handle their payroll just so they can bank of the interest at their own leisure. Even if the business owner files all info say... on a friday, the employees are at the mercy of the postal service until the following possible, Weds, Thurs, Friday and even as late as the following Tuesday! In this option for small business there is also no chance of direct deposit which would process so much faster than mailing. Way to treat people that live paycheck to paycheck and treat the small business great for only probaly six months until screwing them also in the long run!