ADDED
Factors that could cause actual results to differ from those discussed in the forward-looking statements include, but are not limited to: The effects of and changes in trade and monetary and fiscal policies and laws, including the interest rate policies of the Federal Reserve Board and the implementation of tariffs and other protectionist trade policies.
Local, regional, national and international economic conditions and the impact they may have on us and our customers and our assessment of that impact.
At December 31, 2025, we had total assets of $12.3 billion, total loans of $9.8 billion, total deposits of $10.3 billion and shareholders equity of $1.6 billion.
At December 31, 2025, the Bank operated 126 community banking offices in 30 counties throughout western and central Pennsylvania and throughout Ohio, as well as commercial lending operations in Business Centers in Canfield, Canton, Hudson, Independence and Lewis Center, Ohio and Pittsburgh and Berwyn Pennsylvania.
In January 2023, we acquired Centric Financial Corporation ("Centric") and its banking subsidiary Centric Bank, which operated branches located in the Harrisburg and Lancaster markets.
("Center") and its banking subsidiary, CenterBank, which operated three full-service branches, a loan production office and a mortgage office in the Cincinnati market.
At December 31, 2025, uninsured deposits totaled 29% of the total deposit portfolio.
Human Capital Resources Workforce Composition and Demographics At December 31, 2025, First Commonwealth and its subsidiaries employed 1,522 full-time employees and 55 part-time employees with 741 exempt and 836 non-exempt employees.
The average age of the workforce is 44.3 years and the average tenure is 8.0 years.
Supporting Inclusion First Commonwealth fosters an inclusive culture by valuing the diverse backgrounds, life experiences, perspectives, points of view, talents and capabilities of our employees.
REMOVED
Factors that could cause actual results to differ from those discussed in the forward-looking statements include, but are not limited to: Local, regional, national and international economic conditions and the impact they may have on us and our customers and our assessment of that impact.
Changes in estimates of future reserve requirements based upon the periodic review thereof under relevant regulatory and accounting requirements.
The effects of and changes in trade and monetary and fiscal policies and laws, including the interest rate policies of the Federal Reserve Board.
At December 31, 2024, we had total assets of $11.6 billion, total loans of $9.0 billion, total deposits of $9.7 billion and shareholders equity of $1.4 billion.
At December 31, 2024, the Bank operated 124 community banking offices in 30 counties throughout western and central Pennsylvania and throughout Ohio, as well as commercial lending operations in Canton, Columbus, Canfield, Hudson and Independence, Ohio.
In January 2023, we acquired Centric Financial Corporation ("Centric") and its banking subsidiary Centric Bank, which operated branches located in Harrisburg, Hershey, Mechanicsburg, Camp Hill, Doylestown, Devon, and Lancaster, Pennsylvania, and loan production offices in Lancaster and Devon, Pennsylvania.
In December 2024, we entered into an agreement to acquire CenterGroup Financial Inc.
("CGFI") and its banking subsidiary, CenterBank, which operates in the Cincinnati market.
As part of this strategy, we have opened fourteen de novo branches since 2005, all of which were in the greater Pittsburgh area.
At December 31, 2024, uninsured deposits totaled 27% of the total deposit portfolio.