Incentive Compensation Plan (Tables)

12 Months Ended

Dec. 31, 2014

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 2014, 2013 and 2012 in order to retain and attract key employees. The grant date fair value of the restricted stock awards is equal to the price of First Commonwealth’s common stock on grant date.

Grant Date	Shares issued	Grant Price		Vesting Date	Number of Equal Vesting Periods
November 17, 2014	3,500	$	9.26	November 17, 2017	1
April 8, 2014	27,500	8.89		April 8, 2017	3
March 24, 2014	46,000	9.18		March 24, 2017	1
March 4, 2014	5,000	8.75		March 4, 2017	1
January 1, 2014	12,626	8.82		December 31, 2014	1
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

Unvested Service-Based Restricted Stock Awards

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

	2014				2013				2012
	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	271,000		$	6.07	253,000		$	5.71	50,060		$	6.00
Granted	94,626		9.03		58,000		7.25		224,000		5.65
Vested	(98,487	)	6.18		(35,000	)	5.46		(17,060	)	5.73
Forfeited	(2,139	)	5.96		(5,000	)	5.96		(4,000	)	5.96
Outstanding, end of the year	265,000		7.08		271,000		6.07		253,000		5.71

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 2014, 2013 and 2012. 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
January 27, 2014	125,000	3	40	%	100	%	200	%	—	%	0	December 31, 2016

Unvested Target Award

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

	2014		2013		2012
Outstanding, beginning of the year	250,777		151,333		93,333
Granted	126,389		138,611		74,000
Issued	(12,626	)	—		—
Forfeited	(80,540	)	(39,167	)	(16,000	)
Outstanding, end of the year	284,000		250,777		151,333

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:

	12/31/2014				12/31/2013				12/31/2012
	Shares		Weighted Average Exercise Price		Shares		Weighted Average Exercise Price		Shares		Weighted Average Exercise Price
Outstanding, beginning of the year	27,000		$	14.49	196,322		$	11.64	496,863		$	10.03
Granted	—		—		—		—		—		—
Exercised	—		—		—		—		(130,672	)	6.76
Forfeited	(12,000	)	14.41		(169,322	)	11.19		(169,869	)	10.68
Balance, end of the year	15,000		14.55		27,000		14.49		196,322		11.64
Exercisable at the end of the year	15,000		14.55		27,000		14.49		196,322		11.64

Components of Stock Options Outstanding

The following table summarizes information about the stock options outstanding at December 31, 2014:

	Options Outstanding				Options Exercisable
Exercise Price	Number Outstanding	Weighted Average Remaining Contract Life	Weighted Average Exercise Price		Number Exercisable	Weighted Average Exercise Price
$14.55	15,000	0.0	$	14.55	15,000	$	14.55