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Fair Values of Assets and Liabilities (Tables)
 9 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Fair Value Inputs, Assets, Quantitative Information
In accordance with ASU No. 2011-4, the following table provides information related to quantitative inputs and assumptions used in Level 3 fair value measurements.
Fair Value (dollars
in thousands)		Valuation
Technique		Unobservable InputsRange /
(weighted average)
September 30, 2022
Other Investments$1,170 Carrying ValueN/AN/A
Nonperforming Loans422  (a)Gas Reserve StudyDiscount rate10.00%
Gas per MMBTU
$3.00 - $3.00 (b)
Oil per BBL/d
$80.00 - $80.00 (b)
Limited Partnership Investments16,598 Par ValueN/AN/A
December 31, 2021
Other Investments$1,170 Carrying ValueN/AN/A
Nonperforming Loans598  (a)Gas Reserve StudyDiscount rate10.00%
Gas per MMBTU
$2.00 - $2.00 (b)
Oil per BBL/d
$50.00 - $50.00 (b)
Limited Partnership Investments14,981 Par ValueN/AN/A
 
(a)The remainder of nonperforming loans valued using Level 3 inputs are not included in this disclosure as the values of those loans are based on bankruptcy agreement documentation.
(b)Unobservable inputs are defined as follows: MMBTU - one million British thermal units; BBL/d - barrels per day.
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis
The tables below present the balances of assets and liabilities measured at fair value on a recurring basis:
 September 30, 2022
 Level 1Level 2Level 3Total
 (dollars in thousands)
Obligations of U.S. Government Agencies:
Mortgage-Backed Securities - Residential$— $4,289 $— $4,289 
Mortgage-Backed Securities - Commercial— 283,253 — 283,253 
Obligations of U.S. Government-Sponsored Enterprises:
Mortgage-Backed Securities - Residential— 461,513 — 461,513 
Other Government-Sponsored Enterprises— 873 — 873 
Obligations of States and Political Subdivisions— 8,172 — 8,172 
Corporate Securities— 29,315 — 29,315 
Total Securities Available for Sale— 787,415 — 787,415 
Other Investments— 14,286 1,170 15,456 
Loans Held for Sale— 13,811 — 13,811 
Other Assets(a)
— 57,179 16,598 73,777 
Total Assets$— $872,691 $17,768 $890,459 
Other Liabilities(a)
$— $96,948 $— $96,948 
Total Liabilities$— $96,948 $— $96,948 
(a)Hedging and non-hedging interest rate derivatives and limited partnership investments
 December 31, 2021
 Level 1Level 2Level 3Total
 (dollars in thousands)
Obligations of U.S. Government Agencies:
Mortgage-Backed Securities - Residential$— $5,662 $— $5,662 
Mortgage-Backed Securities - Commercial— 362,290 — 362,290 
Obligations of U.S. Government-Sponsored Enterprises:
Mortgage-Backed Securities - Residential— 629,974 — 629,974 
Other Government-Sponsored Enterprises— 981 — 981 
Obligations of States and Political Subdivisions— 9,524 — 9,524 
Corporate Securities— 32,949 — 32,949 
Total Securities Available for Sale— 1,041,380 — 1,041,380 
Other Investments— 11,668 1,170 12,838 
Loans Held for Sale— 18,583 — 18,583 
Other Assets(a)
— 26,805 14,981 41,786 
Total Assets$— $1,098,436 $16,151 $1,114,587 
Other Liabilities(a)
$— $34,263 $— $34,263 
Total Liabilities$— $34,263 $— $34,263 
(a)Hedging and non-hedging interest rate derivatives
Schedule of Assets Measured on Non-Recurring Basis
The tables below present the balances of assets measured at fair value on a nonrecurring basis at:
 September 30, 2022
 Level 1Level 2Level 3Total
 (dollars in thousands)
Nonperforming loans$— $22,672 $11,486 $34,158 
Other real estate owned— 369 — 369 
Total Assets$— $23,041 $11,486 $34,527 

 December 31, 2021
 Level 1Level 2Level 3Total
 (dollars in thousands)
Nonperforming loans$— $42,538 $12,247 $54,785 
Other real estate owned— 729 — 729 
Total Assets$— $43,267 $12,247 $55,514 
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques For the nine months ended September 30, changes in Level 3 assets and liabilities measured at fair value on a recurring basis are summarized as follows:
 2022
 Other InvestmentsOther
Assets		Total
 (dollars in thousands)
Balance, beginning of period$1,170 $14,981 $16,151 
Total gains or losses
Included in earnings— — — 
Included in other comprehensive income— — — 
Purchases, issuances, sales and settlements
Purchases— 1,809 1,809 
Issuances— — — 
Sales— — — 
Settlements— (192)(192)
Transfers from Level 3— — — 
Transfers into Level 3— — — 
Balance, end of period$1,170 $16,598 $17,768 
 
 2021
 Other InvestmentsOther
Assets		Total
 (dollars in thousands)
Balance, beginning of period$1,670 $6,620 $8,290 
Total gains or losses
Included in earnings— — — 
Included in other comprehensive income— — — 
Purchases, issuances, sales and settlements
Purchases— 8,113 8,113 
Issuances— — — 
Sales— — — 
Settlements— (120)(120)
Transfers from Level 3— — — 
Transfers into Level 3— — — 
Balance, end of period$1,670 $14,613 $16,283 
For the three months ended September 30, changes in Level 3 assets and liabilities measured at fair value on a recurring basis are summarized as follows:
 2022
 Other InvestmentsOther
Assets		Total
 (dollars in thousands)
Balance, beginning of period$1,170 $16,613 $17,783 
Total gains or losses
Included in earnings— — — 
Included in other comprehensive income— — — 
Purchases, issuances, sales and settlements
Purchases— 26 26 
Issuances— — — 
Sales— — — 
Settlements— (41)(41)
Transfers from Level 3— — — 
Transfers into Level 3— — — 
Balance, end of period$1,170 $16,598 $17,768 
 
 2021
 Other InvestmentsOther
Assets		Total
 (dollars in thousands)
Balance, beginning of period$1,670 $7,448 $9,118 
Total gains or losses
Included in earnings— — — 
Included in other comprehensive income— — — 
Purchases, issuances, sales and settlements
Purchases— 7,194 7,194 
Issuances— — — 
Sales— — — 
Settlements— (29)(29)
Transfers from Level 3— — — 
Transfers into Level 3— — — 
Balance, end of period$1,670 $14,613 $16,283 
Losses Realized on Assets Measured on Non-Recurring Basis
The following losses were realized on the assets measured on a nonrecurring basis:
 For the Three Months Ended September 30,For the Nine Months Ended September 30,
 2022202120222021
 (dollars in thousands)
Nonperforming loans$(2,200)$(745)$(2,653)$(2,537)
Other real estate owned— — — — 
Total losses$(2,200)$(745)$(2,653)$(2,537)
Carrying Amounts and Fair Values of Financial Instruments
The following table presents carrying amounts and fair values of First Commonwealth’s financial instruments:
 September 30, 2022
  Fair Value Measurements Using:
 Carrying
Amount		TotalLevel 1Level 2Level 3
 (dollars in thousands)
Financial assets
Cash and due from banks$106,153 $106,153 $106,153 $— $— 
Interest-bearing deposits74,619 74,619 74,619 — — 
Securities available for sale787,415 787,415 — 787,415 — 
Securities held to maturity474,790 395,160 — 395,160 — 
Other investments15,456 15,456 — 14,286 1,170 
Loans held for sale13,811 13,811 — 13,811 — 
Loans7,348,917 7,377,557 — 22,672 7,354,885 
Financial liabilities
Deposits8,077,649 8,065,102 — 8,065,102 — 
Short-term borrowings97,932 85,814 — 85,814 — 
Subordinated debt170,897 157,682 — — 157,682 
Long-term debt5,041 4,954 — 4,954 — 
Capital lease obligation5,551 5,551 — 5,551 — 
 December 31, 2021
  Fair Value Measurements Using:
 Carrying
Amount		TotalLevel 1Level 2Level 3
 (dollars in thousands)
Financial assets
Cash and due from banks$84,738 $84,738 $84,738 $— $— 
Interest-bearing deposits310,634 310,634 310,634 — — 
Securities available for sale1,041,380 1,041,380 — 1,041,380 — 
Securities held to maturity541,311 536,651 — 536,651 — 
Other investments12,838 12,838 — 11,668 1,170 
Loans held for sale18,583 18,583 — 18,583 — 
Loans6,839,230 7,169,768 — 42,538 7,127,230 
Financial liabilities
Deposits7,982,498 7,980,101 — 7,980,101 — 
Short-term borrowings138,315 136,473 — 136,473 — 
Subordinated debt170,775 175,040 — — 175,040 
Long-term debt5,573 6,065 — 6,065 — 
Capital lease obligation5,921 5,921 — 5,921 —