FIRST COMMONWEALTH FINANCIAL CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Dollar Amounts in Thousands) The accompanying notes are an integral part of these consolidated financial statements. December 31, 2001 2000 ASSETS Cash and due from banks $ 98,130 $ 90,723 Interest-bearing bank deposits 4,250 427 Federal funds sold -0- 11,125 Securities available for sale, at market 1,469,118 1,238,230 Securities held to maturity, at amortized cost, (Market value $298,643 in 2001 and $398,661 in 2000) 293,290 398,107 Loans 2,569,231 2,492,874 Unearned income (1,297) (2,047) Allowance for credit losses (34,157) (33,601) Net loans 2,533,777 2,457,226 Premises and equipment 46,366 44,671 Other real estate owned 1,619 1,661 Other assets 136,980 130,142 Total assets $ 4,583,530 $ 4,372,312 LIABILITIES Deposits (all domestic): Noninterest-bearing $ 412,695 $ 349,804 Interest-bearing 2,680,455 2,714,342 Total deposits 3,093,150 3,064,146 Short-term borrowings 427,736 272,171 Other liabilities 28,358 44,984 Company obligated mandatorily redeemable capital securities of subsidiary trust 35,000 35,000 Other long-term debt 629,220 621,855 Total long-term debt 664,220 656,855 Total liabilities 4,213,464 4,038,156 SHAREHOLDERS’ EQUITY Preferred stock, $1 par value per share, 3,000,000 shares authorized, none issued -0- -0- Common stock $1 par value per share, 100,000,000 shares authorized; 62,525,412 shares issued and 58,451,624 shares outstanding in 2001; 62,525,412 shares issued and 58,195,450 shares outstanding in 2000 62,525 62,525 Additional paid-in capital 66,176 67,223 Retained earnings 288,219 272,169 Accumulated other comprehensive income (loss) 8,703 (7,808) Treasury stock (4,073,788 and 4,329,962 shares at December 31, 2001 and 2000, respectively at cost) (51,431) (54,666) Unearned ESOP shares (4,126) (5,287) Total shareholders’ equity 370,066 334,156 Total liabilities and shareholders’ equity $ 4,583,530 $ 4,372,312 16