FIRST COMMONWEALTH FINANCIAL CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (Dollar Amounts in Thousands)  Accumulated Additional Other Unearned Total Common Paid-in Retained Comprehensive Treasury ESOP Stock Capital Earnings Income (Loss) Stock Shares Equity Balance at December 31, 1999 $ 62,525 $ 68,330 $ 257,773 $ (40,304) $ (55,448) $ (6,193) $ 286,683 Comprehensive income Net income -0- -0- 47,246 -0- -0- -0-  47,246 Other comprehensive income, net of tax: Unrealized holding gains(losses) on securities arising during the period -0- -0- -0- 33,630 -0- -0- 33,630 Less: reclassification adjustment for gains on securities included in net income -0- -0- -0- (1,134)  -0- -0- (1,134) Total other comprehensive income -0- -0- -0- 32,496 -0- -0- 32,496 Total comprehensive income -0- -0-  47,246  32,496 -0- -0- 79,742 Cash dividends declared -0- -0- (32,850) -0- -0- -0- (32,850) Decrease in unearned ESOP shares -0-  (113) -0- -0- -0- 906 793 Discount on dividend reinvestment plan purchases -0- (593) -0- -0- -0- -0- (593) Treasury stock acquired -0- -0- -0- -0- (873) -0-  (873) Treasury stock reissued -0- (476)  -0- -0- 1,655 -0- 1,179 Tax benefit of stock options -0- 75 -0- -0- -0- -0- 75 Balance at December 31, 2000 62,525 67,223  272,169 (7,808)  (54,666)  (5,287) 334,156 Comprehensive income Net income -0- -0- 50,189 -0- -0- -0- 50,189 Other comprehensive income, net of tax: Unrealized holding gains(losses) on securities arising during the period -0- -0- -0- 18,639 -0- -0- 18,639 Less: reclassification adjustment for gains on securities included in net income -0- -0- -0- (2,128)  -0- -0- (2,128) Total other comprehensive income -0- -0- -0- 16,511 -0- -0- 16,511 Total comprehensive income -0- -0-  50,189 16,511 -0- -0- 66,700 Cash dividends declared -0- -0-  (34,139) -0- -0- -0-  (34,139) Decrease in unearned ESOP shares -0- 31 -0- -0- -0- 1,161 1,192 Discount on dividend reinvestment plan purchases -0- (612) -0- -0- -0- -0- (612) Treasury stock reissued -0-  (735) -0- -0- 3,235 -0- 2,500 Tax benefit of stock options -0-  269 -0- -0- -0- -0- 269 Balance at December 31, 2001 62,525 66,176  288,219 8,703  (51,431)  (4,126) 370,066 Comprehensive income Net income -0- -0- 43,526 -0- -0- -0- 43,526 Other comprehensive income, net of tax: Unrealized holding gains(losses) on securities arising during the period -0- -0- -0- 17,542 -0- -0- 17,542 Less: reclassification adjustment for gains on securities included in net income -0- -0- -0-  (394)  -0- -0-  (394) Total other comprehensive income -0- -0- -0-  17,148 -0- -0- 17,148 Total comprehensive income -0- -0- 43,526 17,148 -0-  -0-  60,674 Cash dividends declared -0- -0-  (35,580) -0- -0- -0-  (35,580) Decrease in unearned ESOP shares -0- 86 -0- -0- -0- 1,071 1,157 Discount on dividend reinvestment plan purchases -0- (637) -0- -0- -0- -0- (637) Treasury stock reissued -0- (964) -0-  -0- 6,450 -0- 5,486 Tax benefit of stock options -0- 224 -0- -0- -0- -0- 224 Balance at December 31, 2002 $ 62,525 $ 64,885 $ 296,165 $ 25,851 $ (44,981) $ (3,055) $ 401,390 The accompanying notes are an integral part of these consolidated financial statements. 16