First Commonwealth Financial(US:FCF)2025-01-29 22:17Financial Highlights - Core pre-tax pre-provision income was $51.4 million[6] - Core PTPP ROAA was 1.77%[6] - Reserve coverage ratio was 1.32%[6] - Available liquidity reached $5.4 billion[6] - Excess capital was $333.0 million[6] - TCE ratio stood at 9.1%[6] Income Statement Analysis - Net interest income (FTE) decreased $1.5 million from last quarter (LQ) to $95.4 million[10], and decreased $0.7 million year-over-year (YoY)[10] - Fee income increased by $0.5 million from LQ and $0.9 million YoY[25], representing 20.9% of total operating revenue[26] - Noninterest expense decreased $0.8 million from LQ but increased $4.1 million YoY[29] Balance Sheet Review - Average deposits increased $207.1 million from LQ, an annualized growth of 8.7%[7, 24] - Total loans increased $23.5 million from LQ, an annualized growth of 1.0%[7] - Total period-end deposits decreased $67.5 million from LQ, an annualized decrease of 2.7%[24] Loan Portfolio - Average loans decreased $29.3 million from LQ but increased $59.5 million YoY[18] - Total loans increased $37.2 million from the previous quarter, or 1.0% annualized[19]