Subordinated Debentures (Tables)

12 Months Ended

Dec. 31, 2020

Subordinated debentures outstanding at December 31 are as follows:


		2020			2019
	Due	Amount		Rate	Amount		Rate
		(dollars in thousands)
Owed to:

First Commonwealth Bank	06/01/2028	$	49,314	4.875% until June 1, 2023, then LIBOR + 1.845%	$	49,222	4.875% until June 1, 2023, then LIBOR + 1.845%
First Commonwealth Bank	06/01/2033	49,131		5.50% until June 1, 2028, then LIBOR + 2.37%	49,061		5.50% until June 1, 2028, then LIBOR + 2.37%
First Commonwealth Capital Trust II	01/23/2034	30,929		LIBOR + 2.85	30,929		LIBOR + 2.85
First Commonwealth Capital Trust III	04/06/2034	41,238		LIBOR + 2.85	41,238		LIBOR + 2.85
Total		$	170,612		$	170,450