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Regulatory Restrictions and Capital Adequacy (Tables)
12 Months Ended
Dec. 31, 2015
Regulatory Capital Requirements [Abstract]  
Schedule of Capital Amount and Ratio Considered to be Capitalized
To be considered well-capitalized, the Company must maintain minimum Total risk-based capital, Tier I risk-based capital, Tier I leverage ratio and Common Equity tier I as set forth in the table below:
 
Actual
 
Minimum Capital Required - Basel III Phase-In Schedule
 
Minimum Capital Required - Basel III Fully Phased-In
 
Required to be Considered Well
Capitalized
 
Capital
Amount
 
Ratio
 
Capital
Amount
 
Ratio
 
Capital
Amount
 
Ratio
 
Capital
Amount
 
Ratio
 
(dollars in thousands)
As of December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Capital to Risk Weighted Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
First Commonwealth Financial Corporation
$
682,199

 
12.25
%
 
$
445,650

 
8.00
%
 
$
584,915

 
10.50
%
 
$
557,062

 
10.00
%
First Commonwealth Bank
656,244

 
11.78

 
445,642

 
8.00

 
584,905

 
10.50

 
557,052

 
10.00

Tier I Capital to Risk Weighted Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
First Commonwealth Financial Corporation
$
626,939

 
11.25
%
 
$
334,237

 
6.00
%
 
$
473,503

 
8.50
%
 
$
445,650

 
8.00
%
First Commonwealth Bank
600,984

 
10.79

 
334,231

 
6.00

 
473,494

 
8.50

 
445,642

 
8.00

Tier I Capital to Average Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
First Commonwealth Financial Corporation
$
626,939

 
9.85
%
 
$
254,631

 
4.00
%
 
$
254,631

 
4.00
%
 
$
318,289

 
5.00
%
First Commonwealth Bank
600,984

 
9.46

 
254,095

 
4.00

 
254,095

 
4.00

 
317,618

 
5.00

Common Equity Tier I to Risk Weighted Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
First Commonwealth Financial Corporation
$
556,939

 
10.00
%
 
$
250,678

 
4.50
%
 
$
389,944

 
7.00
%
 
$
362,091

 
6.50
%
First Commonwealth Bank
535,814

 
9.62

 
250,673

 
4.50

 
389,937

 
7.00

 
362,084

 
6.50

At December 31, 2014, First Commonwealth and First Commonwealth Bank met all capital adequacy requirements to which they were subject. The following table presents actual and required capital ratios as of December 31, 2014 under the regulatory capital rules then in effect.
 
Actual
 
Regulatory Minimum
 
Well Capitalized Regulatory Guidelines
 
Capital
Amount
 
Ratio
 
Capital
Amount
 
Ratio
 
Capital
Amount
 
Ratio
 
(dollars in thousands)
As of December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
Total Capital to Risk Weighted Assets
 
 
 
 
 
 
 
 
 
 
 
First Commonwealth Financial Corporation
$
662,733

 
12.79
%
 
$
414,460

 
8.00
%
 
N/A

 
N/A

First Commonwealth Bank
647,500

 
12.48

 
415,217

 
8.00

 
$
519,021

 
10.00
%
Tier I Capital to Risk Weighted Assets
 
 
 
 
 
 
 
 
 
 
 
First Commonwealth Financial Corporation
$
607,602

 
11.73
%
 
$
207,230

 
4.00
%
 
N/A

 
N/A

First Commonwealth Bank
592,369

 
11.41

 
207,608

 
4.00

 
$
311,413

 
6.00
%
Tier I Capital to Average Assets
 
 
 
 
 
 
 
 
 
 
 
First Commonwealth Financial Corporation
$
607,602

 
9.85
%
 
$
246,738

 
4.00
%
 
N/A

 
N/A

First Commonwealth Bank
592,369

 
9.66

 
245,276

 
4.00

 
$
306,595

 
5.00
%