Incentive Compensation Plan (Tables)

12 Months Ended

Dec. 31, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]

The following provides detail on the restricted stock awards which were issued and outstanding in 2013, 2012 and 2011 in order to retain and attract key employees. The grant date fair value of the restricted stock awards is equal to the price of the Corporation’s common stock on grant date.

Grant Date	Shares issued	Grant Price		Vesting Date	Number of Equal Vesting Periods
August 16, 2013	3,000	$	7.57	August 16, 2016	1
May 31, 2013	45,000	7.21		May 31, 2016	3
March 1, 2013	10,000	7.35		March 1, 2016	1
February 24, 2012	34,000	5.96		December 31, 2014	1
February 24, 2012	90,000	5.96		February 24, 2015	1
January 1, 2012	100,000	5.26		January 1, 2016	4
November 21, 2011	10,000	4.41		November 21, 2014	1
April 1, 2011	25,000	6.82		April 1, 2016	1
January 22, 2010	30,120	5.70		January 22, 2012	2
April 1, 2008	12,654	12.35		April 1, 2011	3
November 12, 2007	35,000	10.95		November 12, 2010	3

Unvested Service-Based Restricted Stock Awards

A summary of the status of First Commonwealth’s estimated unvested service-based restricted stock awards as of December 31 and changes for the years ended on those dates is presented below:

	2013				2012				2011
	Shares		Weighted Average Grant Date Fair Value		Shares		Weighted Average Grant Date Fair Value		Shares		Weighted Average Grant Date Fair Value
Outstanding, beginning of the year	253,000		$	5.71	50,060		$	6.00	34,338		$	6.52
Granted	58,000		7.25		224,000		5.65		35,000		6.13
Vested	(35,000	)	5.46		(17,060	)	5.73		(19,278	)	7.16
Forfeited	(5,000	)	5.96		(4,000	)	5.96		—		—
Outstanding, end of the year	271,000		6.07		253,000		5.71		50,060		6.00

Schedule of Restricted Stock Units Granted Based on Performance [Table Text Block]

The following provides detail on restricted stock awards estimated to be granted on a performance award basis during 2013, 2012 and 2011. These plans were previously approved by the Board of Directors.

Grant Date	Target Share Award	Performance Period (years)	Award if threshold met		Award if targets are met		Award if targets exceeded		Award if threshold not achieved		Vesting After Performance Period (years)	Final vesting
January 17, 2011	54,166	3	40	%	100	%	200	%	—	%	1	January 17, 2014
February 24, 2012	68,000	3	40	%	100	%	200	%	—	%	1	December 31, 2015
January 28, 2013	128,611	3	40	%	100	%	200	%	—	%	1	December 31, 2016

Unvested Target Award

The following table summarizes the estimated unvested target share awards for the Plans as of December 31:

	2013		2012		2011
Outstanding, beginning of the year	151,333		93,333		—
Granted	138,611		74,000		126,000
Vested	—		—		—
Forfeited	(39,167	)	(16,000	)	(32,667	)
Outstanding, end of the year	250,777		151,333		93,333

Outstanding Stock Options

A summary of the status of First Commonwealth’s outstanding stock options as of December 31 and changes for the years ended on those dates is presented below:

	12/31/2013				12/31/2012				12/31/2011
	Shares		Weighted Average Exercise Price		Shares		Weighted Average Exercise Price		Shares		Weighted Average Exercise Price
Outstanding, beginning of the year	196,322		$	11.64	496,863		$	10.03	640,866		$	10.05
Granted	—		—		—		—		—		—
Exercised	—		—		(130,672	)	6.76		(13,760	)	5.29
Forfeited	(169,322	)	11.19		(169,869	)	10.68		(130,243	)	10.61
Balance, end of the year	27,000		14.49		196,322		11.64		496,863		10.03
Exercisable at the end of the year	27,000		14.49		196,322		11.64		496,863		10.03

Components of Stock Options Outstanding

The following table summarizes information about the stock options outstanding at December 31, 2013:

	Options Outstanding				Options Exercisable
Range of Exercise Prices	Number Outstanding	Weighted Average Remaining Contract Life	Weighted Average Exercise Price		Number Exercisable	Weighted Average Exercise Price
$14.41 - $14.55	27,000	0.6	$	14.49	27,000	$	14.49