FIRST COMMONWEALTH FINANCIAL CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Dollar Amounts in Thousands) December 31, 2002 2001 ASSETS Cash and due from banks $ 81,114 $ 98,130 Interest-bearing bank deposits 1,973 4,250 Securities available for sale, at market 1,482,771  1,469,118 Securities held to maturity, at amortized cost, (Market value $204,887 in 2002 and $298,643 in 2001) 197,838 293,290 Loans  2,609,440  2,569,231 Unearned income (806) (1,297) Allowance for credit losses  (34,496) (34,157) Net loans  2,574,138  2,533,777 Premises and equipment 45,730 46,366 Other real estate owned 1,651 1,619 Goodwill 8,131 6,539 Amortizing intangibles, net 29 232 Other assets 131,368 130,209  Total assets $ 4,524,743 $ 4,583,530 LIABILITIES Deposits (all domestic): Noninterest-bearing $ 377,466 $ 412,695 Interest-bearing 2,666,658 2,680,455 Total deposits  3,044,124  3,093,150 Short-term borrowings  469,065 427,736 Other liabilities 30,230 28,358 Company obligated mandatorily redeemable capital securities of subsidiary trust 35,000 35,000 Other long-term debt 544,934 629,220 Total long-term debt 579,934 664,220 Total liabilities  4,123,353  4,213,464 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 shared authorized; 62,525,412 shares issued in 2002 and 2001; 58,962,543 shares outstanding in 2002 and 58,451,624 shares outstanding in 2001 62,525 62,525 Additional paid-in capital  64,885 66,176 Retained earnings  296,165 288,219 Accumulated other comprehensive income 25,851 8,703 Treasury stock (3,562,869 and 4,073,788 shares at December 31, 2002 and 2001, respectively at cost) (44,981)  (51,431) Unearned ESOP shares (3,055) (4,126) Total shareholders’ equity  401,390 370,066 Total liabilities and shareholders’ equity $ 4,524,743 $ 4,583,530 The accompanying notes are an integral part of these consolidated financial statements. 14