UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 2007
Check here if Amendment [ ]: Amendment Number:
This Amendment (Check only one): [ ] is a restatement
[ ] adds new holdings entries
Institutional Investment Manager Filing this Report:
Name: First Commonwealth Financial Corporation
Address: 22 North Sixth Street
Indiana, PA, 15701
Form 13F File Number: 28-05151
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and it is understood that all required items, statements, schedules,
lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Edward J. Lipkus, III
Title: Executive Vice President and
Chief Financial Officer
Phone: (724) 463-4724
Signature, Place, and Date of Signing:
/s/ Edward J. Lipkus, III
------------------------- Indiana, PA, February 14, 2008
Edward J. Lipkus, III,
Report Type (Check only one):
[X] 13F HOLDINGS REPORT (Check here if all holdings of this reporting manager
are reported in this report
[_] 13F NOTICE (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting manager(s))
[_] 13F COMBINATION REPORT (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 191
Form 13F Information Table Value Total: $ 134,584
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
Number: 1
Form 13F File Number:28-11893
Name:
FORM 13F INFORMATION TABLE
COLUMN 1 COL 2 COL 3 COL 4 COLUMN 5 COL 6 COL 7 COLUMN 8
-------- -------- --------- -------- -------- ---------- -------- --------
VOTING AUTHORITY
---------------------
MARKET
TITLE OF VALUE SHS OR SH/ PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------ -------- --------- -------- -------- --- ---- ---------- -------- -------- ------ -----
1CONSTELLATION
ENERGY GROUP
I.............. COMMON 210371100 3 30 SH DEFINED 1 30
1L-3
COMMUNICATIONS
HLDGS INC...... COMMON 502424104 768 7,254 SH DEFINED 1 7,218 36
1SOUTHERN CO..... COMMON 842587107 6 150 SH OTHER 1 150
3M CO............ COMMON 88579Y101 289 3,430 SH DEFINED 1 2,670 760
3M CO............ COMMON 88579Y101 774 9,185 SH OTHER 1 9,185
ABBOTT LABS...... COMMON 002824100 1,176 20,948 SH DEFINED 1 19,383 1,565
ABBOTT LABS...... COMMON 002824100 37 667 SH OTHER 1 667
ADOBE SYS INC.... COMMON 00724F101 718 16,807 SH DEFINED 1 16,807
ADOBE SYS INC.... COMMON 00724F101 7 167 SH OTHER 1 167
AIR PRODS &
CHEMS INC...... COMMON 009158106 811 8,220 SH DEFINED 1 8,220
AIR PRODS &
CHEMS INC...... COMMON 009158106 15 150 SH OTHER 1 150
ALLEGHENY
ENERGY INC..... COMMON 017361106 220 3,454 SH DEFINED 1 3,454
ALLSTATE CORP.... COMMON 020002101 987 18,906 SH DEFINED 1 18,136 770
ALLSTATE CORP.... COMMON 020002101 351 6,729 SH OTHER 1 6,729
ALTRIA GROUP
INC............ COMMON 02209S103 1,192 15,775 SH DEFINED 1 15,539 236
ALTRIA GROUP
INC............ COMMON 02209S103 2,399 31,740 SH OTHER 1 31,740
AMERICAN INTL
GROUP INC...... COMMON 026874107 935 16,040 SH DEFINED 1 14,900 1,140
AMERICAN INTL
GROUP INC...... COMMON 026874107 78 1,343 SH OTHER 1 1,343
ANHEUSER BUSCH
COS INC........ COMMON 035229103 414 7,904 SH DEFINED 1 7,904
ANHEUSER BUSCH
COS INC........ COMMON 035229103 277 5,300 SH OTHER 1 5,300
APACHE CORP...... COMMON 037411105 1,279 11,889 SH DEFINED 1 11,889
APACHE CORP...... COMMON 037411105 105 974 SH OTHER 1 450 524
APPLE INC........ COMMON 037833100 1,064 5,370 SH DEFINED 1 5,370
APPLE INC........ COMMON 037833100 10 50 SH OTHER 1 50
AT&T INC......... COMMON 00206R102 2,605 62,692 SH DEFINED 1 60,702 1,990
AT&T INC......... COMMON 00206R102 303 7,290 SH OTHER 1 7,285 5
BANK OF AMERICA
CORPORATION.... COMMON 060505104 1,059 25,670 SH DEFINED 1 22,444 3,226
BANK OF AMERICA
CORPORATION.... COMMON 060505104 251 6,075 SH OTHER 1 6,075
BANK OF NEW
YORK MELLON
CORP........... COMMON 064058100 493 10,111 SH DEFINED 1 10,074 37
BANK OF NEW
YORK MELLON
CORP........... COMMON 064058100 195 3,997 SH OTHER 1 1,372 400 2,225
BARR
PHARMACEUTICALS
INC............ COMMON 068306109 832 15,662 SH DEFINED 1 14,842 820
BARR
PHARMACEUTICALS
INC............ COMMON 068306109 29 542 SH OTHER 1 542
BECTON
DICKINSON &
CO............. COMMON 075887109 1,037 12,402 SH DEFINED 1 12,025 377
BECTON
DICKINSON &
CO............. COMMON 075887109 78 933 SH OTHER 1 933
BERKSHIRE
SECURITIES..... COMMON 084991868 1,412 6,140 SH DEFINED 1 6,140
BERKSHIRE
SECURITIES..... COMMON 084991868 414 1,800 SH OTHER 1 1,800
BOEING CO........ COMMON 097023105 51 585 SH DEFINED 1 585
BOEING CO........ COMMON 097023105 344 3,936 SH OTHER 1 3,936
BP PLC........... COMMON 055622104 602 8,232 SH DEFINED 1 8,176 56
BP PLC........... COMMON 055622104 453 6,192 SH OTHER 1 5,190 1,002
BURLINGTON
NORTHN SANTA
FE C........... COMMON 12189T104 247 2,970 SH DEFINED 1 2,970
CAPITAL ONE FINL
CORP........... COMMON 14040H105 295 6,241 SH DEFINED 1 6,241
CATERPILLAR INC
DEL............ COMMON 149123101 72 989 SH DEFINED 1 989
CATERPILLAR INC
DEL............ COMMON 149123101 165 2,275 SH OTHER 1 2,275
CHEVRON CORP
NEW............ COMMON 166764100 1,520 16,285 SH DEFINED 1 14,442 1,843
CHEVRON CORP
NEW............ COMMON 166764100 590 6,327 SH OTHER 1 5,702 625
CISCO SYS INC.... COMMON 17275R102 1,246 46,012 SH DEFINED 1 42,135 3,877
CISCO SYS INC.... COMMON 17275R102 253 9,333 SH OTHER 1 9,333
CITIGROUP INC.... COMMON 172967101 765 25,982 SH DEFINED 1 25,952 30
CITIGROUP INC.... COMMON 172967101 101 3,431 SH OTHER 1 3,203 228
CNB FINL CORP
PA............. COMMON 126128107 317 23,400 SH DEFINED 1 23,400
CONOCOPHILLIPS... COMMON 20825C104 427 4,834 SH DEFINED 1 3,164 1,670
CONOCOPHILLIPS... COMMON 20825C104 177 2,000 SH OTHER 1 2,000
CONSTELLATION
ENERGY GROUP
I.............. COMMON 210371100 256 2,500 SH OTHER 1 2,500
CVS CAREMARK
CORPORATION.... COMMON 126650100 794 19,987 SH DEFINED 1 19,987
CVS CAREMARK
CORPORATION.... COMMON 126650100 32 801 SH OTHER 1 801
DANAHER CORP
DEL............ COMMON 235851102 209 2,377 SH DEFINED 1 2,377
DISNEY WALT CO... COMMON 254687106 1,004 31,109 SH DEFINED 1 29,799 1,310
DISNEY WALT CO... COMMON 254687106 29 900 SH OTHER 1 900
DOMINION RES INC
VA NEW......... COMMON 25746U109 956 20,157 SH DEFINED 1 20,130 27
DOMINION RES INC
VA NEW......... COMMON 25746U109 148 3,124 SH OTHER 1 3,124
DOW CHEM CO...... COMMON 260543103 230 5,841 SH DEFINED 1 5,841
DOW CHEM CO...... COMMON 260543103 10 250 SH OTHER 1 250
COLUMN 1 COL 2 COL 3 COL 4 COLUMN 5 COL 6 COL 7 COLUMN 8
-------- -------- --------- -------- --------- ---------- -------- ---------
VOTING AUTHORITY
----------------------
MARKET
TITLE OF VALUE SHS OR SH/ PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------ -------- --------- -------- --------- --- ---- ---------- -------- --------- ------ -----
DU PONT E I DE
NEMOURS &
CO............ COMMON 263534109 304 6,904 SH DEFINED 1 6,904
DU PONT E I DE
NEMOURS &
CO............ COMMON 263534109 84 1,900 SH OTHER 1 300 1,600
EASTMAN CHEM
CO............ COMMON 277432100 591 9,678 SH DEFINED 1 9,663 15
EASTMAN CHEM
CO............ COMMON 277432100 32 526 SH OTHER 1 526
EBAY INC........ COMMON 278642103 782 23,548 SH DEFINED 1 23,548
EBAY INC........ COMMON 278642103 17 525 SH OTHER 1 525
EDISON INTL..... COMMON 281020107 483 9,055 SH DEFINED 1 9,025 30
ELECTRONIC ARTS
INC........... COMMON 285512109 533 9,119 SH DEFINED 1 9,119
ELECTRONIC ARTS
INC........... COMMON 285512109 6 100 SH OTHER 1 100
EMBRYO DEV
CORP.......... COMMON 290818103 0 15,000 SH DEFINED 1 15,000
EMERSON ELEC
CO............ COMMON 291011104 79 1,390 SH DEFINED 1 600 790
EMERSON ELEC
CO............ COMMON 291011104 1,003 17,710 SH OTHER 1 17,710
ESB FINANCIAL
CORP.......... COMMON 26884F102 125 12,510 SH DEFINED 12,510 0 0
EXELON CORP..... COMMON 30161N101 168 2,056 SH DEFINED 1 2,036 20
EXELON CORP..... COMMON 30161N101 83 1,016 SH OTHER 1 1,016
EXXON MOBIL
CORP.......... COMMON 30231G102 4,696 50,126 SH DEFINED 1 50,126
EXXON MOBIL
CORP.......... COMMON 30231G102 2,800 29,885 SH OTHER 1 9,968 19,917
FEDEX CORP...... COMMON 31428X106 719 8,058 SH DEFINED 1 7,838 220
FEDEX CORP...... COMMON 31428X106 20 225 SH OTHER 1 225
FIRST COMWLTH
FINL CORP PA.. COMMON 319829107 12,611 1,184,174 SH DEFINED 1 1,180,708 3,466
FIRST COMWLTH
FINL CORP PA.. COMMON 319829107 433 40,664 SH OTHER 1 19,949 20,715
FIRSTMERIT
CORP.......... COMMON 337915102 200 10,000 SH DEFINED 10,000 0 0
FNB............. COMMON 302520101 4,463 303,600 SH DEFINED 303,600 0 0
FORTUNE BRANDS
INC........... COMMON 349631101 848 11,713 SH DEFINED 1 11,073 640
FORTUNE BRANDS
INC........... COMMON 349631101 24 325 SH OTHER 1 325
FPL GROUP INC... COMMON 302571104 153 2,254 SH DEFINED 1 2,150 104
FPL GROUP INC... COMMON 302571104 101 1,483 SH OTHER 1 1,483
FRANKLIN RES
INC........... COMMON 354613101 501 4,374 SH DEFINED 1 4,374
FRANKLIN RES
INC........... COMMON 354613101 9 75 SH OTHER 1 75
GATEWAY BANK
OF
PENNSYLVANIA.. COMMON 869099101 50 5,000 SH DEFINED 5,000 0 0
GENERAL
ELECTRIC CO... COMMON 369604103 2,173 58,608 SH DEFINED 1 55,743 2,865
GENERAL
ELECTRIC CO... COMMON 369604103 4,767 128,608 SH OTHER 1 126,778 1,830
GOODRICH
CORP.......... COMMON 382388106 638 9,034 SH DEFINED 1 9,010 24
GOODRICH
CORP.......... COMMON 382388106 7 100 SH OTHER 1 100
GOOGLE INC...... COMMON 38259P508 658 952 SH DEFINED 1 952
GOOGLE INC...... COMMON 38259P508 7 10 SH OTHER 1 10
HARLEYSVILLE
NATIONAL
CORP.......... COMMON 412850109 690 47,349 SH DEFINED 47,349 0 0
HARTFORD FINL
SVCS GROUP
INC........... COMMON 416515104 1,075 12,329 SH DEFINED 1 11,829 500
HARTFORD FINL
SVCS GROUP
INC........... COMMON 416515104 69 792 SH OTHER 1 792
HELMERICH &
PAYNE INC..... COMMON 423452101 858 21,408 SH DEFINED 1 21,408
HELMERICH &
PAYNE INC..... COMMON 423452101 12 300 SH OTHER 1 300
HUNTINGTON
BANCSHARES,
INC........... COMMON 446150104 221 15,000 SH DEFINED 15,000 0 0
INGERSOLL-RAND
COMPANY
LTD........... COMMON G4776G101 32 687 SH DEFINED 1 597 90
INGERSOLL-RAND
COMPANY
LTD........... COMMON G4776G101 567 12,200 SH OTHER 1 12,200
INTEL CORP...... COMMON 458140100 388 14,535 SH DEFINED 1 10,035 4,500
INTEL CORP...... COMMON 458140100 96 3,600 SH OTHER 1 3,600
INTERNATIONAL
BUSINESS
MACHS......... COMMON 459200101 1,499 13,866 SH DEFINED 1 13,785 81
INTERNATIONAL
BUSINESS
MACHS......... COMMON 459200101 1,622 15,000 SH OTHER 1 14,900 100
JACOBS ENGR
GROUP INC
DEL........... COMMON 469814107 1,535 16,051 SH DEFINED 1 16,051
JACOBS ENGR
GROUP INC
DEL........... COMMON 469814107 68 715 SH OTHER 1 715
JOHNSON &
JOHNSON....... COMMON 478160104 1,383 20,739 SH DEFINED 1 19,724 1,015
JOHNSON &
JOHNSON....... COMMON 478160104 601 9,007 SH OTHER 1 9,007
JP MORGAN
CHASE & CO.... COMMON 46625H100 344 7,889 SH DEFINED 1 5,977 1,912
JP MORGAN
CHASE & CO.... COMMON 46625H100 147 3,370 SH OTHER 1 3,370
JUNIATA VALLEY
NATL BK....... COMMON 482016102 989 48,238 SH DEFINED 1 48,238
KENNAMETAL
INC........... COMMON 489170100 372 9,814 SH DEFINED 1 9,814
KENNAMETAL
INC........... COMMON 489170100 6 150 SH OTHER 1 150
KRAFT FOODS
INC........... COMMON 50075N104 30 934 SH DEFINED 1 830 104
KRAFT FOODS
INC........... COMMON 50075N104 734 22,501 SH OTHER 1 22,501
L-3
COMMUNICATIONS
HLDGS INC..... COMMON 502424104 26 250 SH OTHER 1 250
LEESPORT
FINANCIAL
CORPORATION... COMMON 524477106 1,696 95,005 SH DEFINED 95,005 0 0
LOWES COS INC... COMMON 548661107 264 11,682 SH DEFINED 1 11,682
LOWES COS INC... COMMON 548661107 114 5,033 SH OTHER 1 4,433 600
MAGNITUDE
INFORMATION
SYS IN........ COMMON 559534102 4 112,400 SH DEFINED 1 112,400
MANITOWOC
INC........... COMMON 563571108 690 14,139 SH DEFINED 1 14,139
MANITOWOC
INC........... COMMON 563571108 12 250 SH OTHER 1 250
MARATHON OIL
CORP.......... COMMON 565849106 249 4,096 SH DEFINED 1 1,816 2,280
COLUMN 1 COL 2 COL 3 COL 4 COLUMN 5 COL 6 COL 7 COLUMN 8
-------- -------- --------- -------- --------- ---------- -------- --------
VOTING AUTHORITY
---------------------
MARKET
TITLE OF VALUE SHS OR SH/ PUT/ INVESTMENT OTHER
ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------ -------- --------- -------- --------- --- ---- ---------- -------- -------- ------ -----
MCCORMICK & CO
INC........... COMMON 579780206 704 18,568 SH DEFINED 1 17,713 855
MERRILL LYNCH &
CO INC........ COMMON 590188108 238 4,425 SH OTHER 1 4,425
MICROSOFT
CORP.......... COMMON 594918104 1,362 38,255 SH DEFINED 1 36,303 1,952
MICROSOFT
CORP.......... COMMON 594918104 241 6,758 SH OTHER 1 6,758
MORGAN
STANLEY....... COMMON 617446448 1 20 SH DEFINED 1 20
MORGAN
STANLEY....... COMMON 617446448 249 4,680 SH OTHER 1 4,680
NATIONAL CITY
CORP.......... COMMON 635405103 230 14,003 SH DEFINED 1 14,003
NATIONAL CITY
CORP.......... COMMON 635405103 2 150 SH OTHER 1 150
NEW MEXICO
BANQUEST...... COMMON 647991926 1,686 7,207 SH DEFINED 1 7,207
NEW MEXICO
BANQUEST...... COMMON 647991926 124 529 SH OTHER 1 529
OMEGA
FINANCIAL
CORP.......... COMMON 682092101 4,839 165,377 SH DEFINED 165,377 0 0
ORACLE CORP..... COMMON 68389X105 1,000 44,292 SH DEFINED 1 44,292
ORACLE CORP..... COMMON 68389X105 66 2,933 SH OTHER 1 2,933
PARKER HANNIFIN
CORP.......... COMMON 701094104 740 9,820 SH DEFINED 1 9,820
PARKER HANNIFIN
CORP.......... COMMON 701094104 8 100 SH OTHER 1 100
PARKVALE
FINANCIAL
CORP.......... COMMON 701492100 6,231 224,544 SH DEFINED 224,544 0 0
PENNSYLVANIA RL
ESTATE INVT... COMMON 709102107 220 7,414 SH DEFINED 1 7,414
PEPSICO INC..... COMMON 713448108 1,713 22,575 SH DEFINED 1 21,727 848
PEPSICO INC..... COMMON 713448108 1,641 21,617 SH OTHER 1 21,617
PETSMART INC.... COMMON 716768106 551 23,407 SH DEFINED 1 22,297 1,110
PNC FINL SVCS
GROUP INC..... COMMON 693475105 314 4,788 SH DEFINED 1 4,604 184
PNC FINL SVCS
GROUP INC..... COMMON 693475105 263 4,000 SH OTHER 1 4,000
PPG INDS INC.... COMMON 693506107 203 2,888 SH DEFINED 1 2,888
PPG INDS INC.... COMMON 693506107 1,496 21,304 SH OTHER 1 16,454 4,850
PPL CORP........ COMMON 69351T106 362 6,942 SH DEFINED 1 6,942
PPL CORP........ COMMON 69351T106 146 2,800 SH OTHER 1 2,800
ROYAL
BANCSHARES OF
PENN-A........ COMMON 780081105 222 20,156 SH DEFINED 20,156 0 0
ROYAL DUTCH
SHELL PLC..... COMMON 780259206 68 802 SH DEFINED 1 714 88
ROYAL DUTCH
SHELL PLC..... COMMON 780259206 379 4,500 SH OTHER 1 4,500
S & T BANCORP
INC........... COMMON 783859101 2,335 84,476 SH DEFINED 1 84,476
S & T BANCORP
INC........... COMMON 783859101 40 1,464 SH OTHER 1 1,464
SCHLUMBERGER
LTD........... COMMON 806857108 959 9,748 SH DEFINED 1 9,658 90
SCHLUMBERGER
LTD........... COMMON 806857108 312 3,168 SH OTHER 1 3,168
SOUTHERN CO..... COMMON 842587107 256 6,608 SH DEFINED 1 6,374 234
SUSQUEHANNA
BANCSHARES
INC........... COMMON 869099101 1,281 69,487 SH DEFINED 69,487 0 0
SUSQUEHANNA
BANCSHARES
INC P......... COMMON 869099101 963 52,242 SH DEFINED 1 52,242
TARGET CORP..... COMMON 87612E106 880 17,609 SH DEFINED 1 17,609
TARGET CORP..... COMMON 87612E106 248 4,963 SH OTHER 1 4,963
TEXAS INSTRS
INC........... COMMON 882508104 848 25,397 SH DEFINED 1 23,447 1,950
TEXAS INSTRS
INC........... COMMON 882508104 86 2,567 SH OTHER 1 2,567
THERMO FISHER
SCIENTIFIC
INC........... COMMON 883556102 875 15,168 SH DEFINED 1 15,168
THERMO FISHER
SCIENTIFIC
INC........... COMMON 883556102 12 200 SH OTHER 1 200
TRISTATE CAPITAL
BANK.......... COMMON 99R733108 500 50,000 SH DEFINED 50,000 0 0
UNITED
TECHNOLOGIES
CORP.......... COMMON 913017109 511 6,680 SH DEFINED 1 5,975 705
UNITED
TECHNOLOGIES
CORP.......... COMMON 913017109 25 333 SH OTHER 1 333
VALERO ENERGY
CORP NEW...... COMMON 91913Y100 1,045 14,919 SH DEFINED 1 14,919
VALERO ENERGY
CORP NEW...... COMMON 91913Y100 35 500 SH OTHER 1 500
VERIZON
COMMUNICATIONS COMMON 92343V104 2,233 51,102 SH DEFINED 1 51,102
VERIZON
COMMUNICATIONS COMMON 92343V104 1,068 24,436 SH OTHER 1 19,892 4,544
VODAFONE GROUP
PLC NEW....... COMMON 92857W209 94 2,528 SH DEFINED 1 2,528
VODAFONE GROUP
PLC NEW....... COMMON 92857W209 196 5,250 SH OTHER 1 5,250
WACHOVIA CORP
NEW........... COMMON 929903102 960 25,254 SH DEFINED 1 25,150 104
WELLPOINT INC... COMMON 94973V107 914 10,414 SH DEFINED 1 10,414
WELLPOINT INC... COMMON 94973V107 24 275 SH OTHER 1 275
WELLS FARGO &
CO NEW........ COMMON 949746101 987 32,679 SH DEFINED 1 31,324 1,355
WELLS FARGO &
CO NEW........ COMMON 949746101 176 5,832 SH OTHER 1 5,832
WILLOW
FINANCIAL
BANCORP, INC.. COMMON 97111W101 598 71,303 SH DEFINED 71,303 0 0
WINDSTREAM
CORP.......... COMMON 97381W104 50 3,825 SH DEFINED 1 3,547 278
WINDSTREAM
CORP.......... COMMON 97381W104 85 6,527 SH OTHER 1 100 6,427
WYETH........... COMMON 983024100 194 4,381 SH DEFINED 1 4,381
WYETH........... COMMON 983024100 18 400 SH OTHER 1 400
GRAND TOTALS.... 134,584 4,396,089