to the highest standards of competencies and performance. By being clear  on objectives and expectations, and by holding executives and Board  members accountable, First Commonwealth demonstrates that it has a  “well functioning system,” Kaplan said “…even realizing cost savings in the  regulatory process.” In compliance with one corporate governance requirement, the  non-management members of the Board have established a meeting  schedule without management’s presence. At their first meeting the  non-management directors elected David Dahlmann as the Lead  Director. Shareholders may communicate in writing directly with the  Lead Director at the Corporate Headquarters address. Other information  related to First Commonwealth’s compliance with corporate governance  requirements can be found in the 2003 Proxy Statement and in the  corporate area of our Web site at www.fcbanking.com. A t the close of 2003, First Commonwealth stands in an excellent  position for increasing its value for shareholders. With a successful  new branding strategy, new partners, and a clear and ambitious business  strategy, First Commonwealth is poised for another successful year.  First Commonwealth remains committed to improvement for all its  stakeholders: employees, clients, communities, and shareholders. Janice has dedicated time and talent to  many charitable and civic organizations  over the years, including Habitat for  Humanity, the March of Dimes, Relay  for Life, the Chamber of Commerce, and  others. The Business and Professional  Women’s Club named Janice their  2003 Woman of the Year. program be the recipient of her Golden  Tower Award charitable gift. She served  on the steering committee for that  organization and believes in its mission  to this day. An employee of First  Commonwealth for over 35 years,  JANICE DEMHARTER ASKED THAT  THE HIGHLAND MEALS ON WHEELS  Janice Demharter OFFICE SALES MANAGER , Sarver Office  2003 Annual Report 9