FIRST COMMONWEALTH FINANCIAL CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Dollar Amounts in Thousands) (a) Restated to reflect the merger of the Corporation’s two subsidiary banks, First Commonwealth Bank and Southwest Bank on Oct ober 15,2002. NOTE 26— Condensed Financial Information of First Commonwealth Financial Corporation (parent company only) To Be Well Capitalized Under  Actual Regulatory Minimum Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio As of December 31, 2002 Total Capital to Risk Weighted Assets  First Commonwealth Financial Corporation $ 436,850 14.0% $ 249,240 8.0% N/A N/A  First Commonwealth Bank $ 402,319 13.0% $ 246,779 8.0% $ 308,474 10.0% Tier I Capital to Risk Weighted Assets  First Commonwealth Financial Corporation $ 402,354 12.9% $ 124,620 4.0% N/A N/A  First Commonwealth Bank $ 367,823 11.9% $ 123,389 4.0% $ 185,084  6.0% Tier I Capital to Average Assets  First Commonwealth Financial Corporation $ 402,354  8.9% $ 135,282 3.0% N/A N/A  First Commonwealth Bank $ 367,823  8.2% $ 133,944 3.0% $ 223,239  5.0% As of December 31, 2001 Total Capital to Risk Weighted Assets  First Commonwealth Financial Corporation $ 423,649 14.0% $ 241,615 8.0% N/A N/A  First Commonwealth Bank (a) $ 394,139 13.2% $ 239,218 8.0% $ 299,023 10.0% Tier I Capital to Risk Weighted Assets  First Commonwealth Financial Corporation $ 389,492 12.9% $ 120,807 4.0% N/A N/A  First Commonwealth Bank (a) $ 359,982 12.0% $ 119,609 4.0% $ 179,414 6.0% Tier I Capital to Average Assets  First Commonwealth Financial Corporation $ 389,492  8.5% $ 138,144 3.0% N/A N/A  First Commonwealth Bank (a) $ 359,982  7.9% $ 137,318 3.0% $ 228,863  5.0% December 31, 2002 2001 Assets Cash $ 13,844 $ 7,667 Securities available for sale 1,407 270 Loans to affiliated parties 498 540 Investment in subsidiaries 413,542  387,626 Investment in jointly-owned company 5,081 4,570 Premises and equipment 6,095 6,437 Dividends receivable from subsidiaries 3,394 3,986 Receivable from subsidiaries 7,625 8,099 Other assets 1,936 2,280 Total assets $ 453,422 $ 421,475 Liabilities and Shareholders’ Equity Accrued expenses and other liabilities $ 3,755 $ 2,432 Dividends payable 9,139 8,768 Loans payable 3,055 4,126 Subordinated debentures payable 36,083  36,083 Shareholders’ equity 401,390  370,066 Total liabilities and shareholders’ equity $ 453,422 $ 421,475 Years Ended December 31, 2002 2001 2000 Interest and dividends $4 8 2 $4 1 Dividends from subsidiaries 43,609 40,442 61,664 Interest expense (3,570) (3,724) (5,335) Other revenue -0- 16 31 Operating expenses  (9,161) (7,033) (7,451) Income before taxes and equity in undistributed earnings of subsidiaries 30,926 29,743 48,950 Applicable income tax benefits 5,304 3,495 4,340 Income before equity in undistributed earnings of subsidiaries 36,230 33,238 53,290 Equity in undistributed earnings of subsidiaries 7,296 16,951 (6,044) Net income $ 43,526 $ 50,189 $ 47,246 Statements of Income Balance Sheets 35