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Capital Offerings Profile

Capital Offerings Profile

Company NameFirst Commonwealth Financial Corporation
Offering TypeFollow-On
DescriptionCommon stock, $1.00 par value
Currency of IssueUSD
Trading Symbol (Exchange)FCF (NYSE)
Announcement Date8/2/2010
Trade Date8/4/2010
Settlement Date8/10/2010
Completion Date8/4/2010
Overallotment Expiration9/9/2010
Lock-up Expiration11/2/2010
Date Overallotment Exercised8/10/2010
Shelf Filing Date4/1/2010
Mandatory Redemption?No
Exchange for Existing Issue?No

Use of Proceeds
The net proceeds from this offering will be used for working capital and general corporate purposes including investments in First Commonwealth Bank as regulatory capital, investments in other subsidiaries, financing of possible acquisitions of whole banks, bank branches or other banking assets, expansion of the company's business, investments at the holding company level and paying down debt.

Offer Price ($)4.65
Gross Amount Offered ($000)74,981
Amount Including Overallotment ($000)86,228
Shares Offered16,125,000
Total Shares Offered18,543,750
Original Shelf Value ($000)300,000

Overallotment Amount Available ($000)11,247
Overallotment Shares Available2,418,750
Overallotment Amount Exercised ($000)11,247
Overallotment Shares Exercised2,418,750

Underwriting Fees
Gross Spread ($)0.23
Gross Spread (%)5.00
Sales Concession ($)0.14
Reallowance ($)0.10

UnderwritersShares UnderwrittenAmount Underwritten($000)
Book Manager(s)
  Macquarie Capital (USA) Inc.8,062,50037,491
  Stifel, Nicolaus & Company, Incorporated8,062,50037,490

Underwriter's CounselSNR Denton US LLP
Auditor(s)KPMG LLP
Clearing House(s)Depository Trust Company

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