NOTE 9— Securities Held to Maturity NOTE 10— Loans (all domestic) The amortized cost and estimated market value of debt securities at December 31, 2001, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or repay obligations with or without call or prepayment penalties. Loans at year end were divided among these general categories: There were no sales of securities held to maturity in 2001, 2000 or 1999. Securities held to maturity with an amortized cost of $205,150 and $245,908 were pledged at December 31, 2001 and 2000, respectively, to secure public deposits and for other purposes required or permitted by law. Most of the Corporation’ s business activity was with customers located within Pennsylvania. The portfolio is well diversified, and as of December 31, 2001 and 2000, there were no significant concentrations of credit. Below is an analysis of the amortized cost and approximate fair values of debt securities held to maturity at December 31, 2001 and 2000: 2001 2000 Gross Gross Approximate Gross Gross Approximate Amortized Unrealized Unrealized Fair Amortized Unrealized Unrealized Fair Cost Gains Losses Value Cost Gains Losses Value Obligations of U.S. Government Corporation and Agencies: Mortgage Backed Securities $ 133,687 $ 2,594 $ (166) $ 136,115 $ 148,522 $ 635 $ (604) $ 148,553 Other 29,998 1,360 -0- 31,358 99,844 194 (129) 99,909 Obligations of States and Political Subdivisions 107,130 1,545 (788) 107,887 126,514 1,355 (807) 127,062 Debt Securities Issued by Foreign Governments 383 -0- -0- 383 357 -0- -0- 357 Corporate Securities 22,092 808 -0- 22,900 22,154 140 (227) 22,067 Other Mortgage Backed Securities -0- -0- -0- -0- 716 -0- (3) 713 Total Securities Held to Maturity $ 293,290 $ 6,307 $ (954) $ 298,643 $ 398,107 $ 2,324 $ (1,770) $ 398,661 Amortized Approximate Cost Fair Value Due within 1 year $  13,029 $ 13,365 Due after 1 but within 5 years 56,795 58,977 Due after 5 but within 10 years 24,198 24,866 Due after 10 years 65,581 65,320 159,603 162,528 Mortgage Backed Securities 133,687 136,115 Total Debt Securities $ 293,290 $ 298,643 December 31, 2001 2000 Commercial, financial, agricultural and other $ 529,300 $ 443,618 Real estate loans: Construction and land development 14,727 37,146 1-4 family dwellings 849,787 932,915 Other real estate loans 638,576 560,066 Loans to individuals for household, family and other personal expenditures 473,515 450,154 Leases, net of unearned income 63,326 68,975 Subtotal 2,569,231 2,492,874 Unearned income (1,297) (2,047) Total loans and leases $ 2,567,934 $ 2,490,827 27 FIRST COMMONWEALTH FINANCIAL CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Dollar Amounts in Thousands)