First Commonwealth Bank: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R.
Capital conservation buffer: 6.00% (2Q26), against the 2.50% a bank must hold above each risk-based minimum to pay dividends and discretionary bonuses without limits. The buffer is the smallest of the three cushions over the minimums; here the binding ratio is Total capital. The bank clears the requirement. Filed figure: 6.00% (RCOAH311).
What each ratio is made of, 2Q26
Open a ratio to see its numerator and denominator as filed, our recomputation, and how far it sits above each regulatory line.
Common equity Tier 1 ratio 12.24% +5.74 pp over well capitalized
Common equity Tier 1 is the loss-absorbing core: common stock, retained earnings and most of accumulated other comprehensive income, less goodwill, intangibles and other deductions. It is measured against risk-weighted assets.
| Common equity Tier 1 capital | $1.21B | 1,206,340 | RCOAP859 |
|---|---|---|---|
| Divided by total risk-weighted assets | $9.85B | 9,852,649 | RCOAA223 |
| Recomputed ratio | 12.24% | numerator / denominator | |
| Filed ratio | 12.24% | RCOAP793 | |
| Regulatory minimum | 4.50% | ||
| Minimum plus conservation buffer | 7.00% | ||
| Well-capitalized level | 6.50% | ||
| Cushion over that level | +5.74 pp | $565.9M | capital that could be lost first |
Tier 1 risk-based capital ratio 12.24% +4.24 pp over well capitalized
Tier 1 adds additional Tier 1 instruments, such as qualifying noncumulative perpetual preferred stock, to common equity Tier 1. Measured against risk-weighted assets.
| Tier 1 capital | $1.21B | 1,206,340 | RCOA8274 |
|---|---|---|---|
| Divided by total risk-weighted assets | $9.85B | 9,852,649 | RCOAA223 |
| Recomputed ratio | 12.24% | numerator / denominator | |
| Filed ratio | 12.24% | RCOA7206 | |
| Regulatory minimum | 6.00% | ||
| Minimum plus conservation buffer | 8.50% | ||
| Well-capitalized level | 8.00% | ||
| Cushion over that level | +4.24 pp | $418.1M | capital that could be lost first |
Total risk-based capital ratio 14.00% +4.00 pp over well capitalized
Total capital adds Tier 2, mostly qualifying subordinated debt and the allowance for credit losses up to 1.25% of risk-weighted assets, to Tier 1. Measured against risk-weighted assets.
| Total capital | $1.38B | 1,379,103 | RCOA3792 |
|---|---|---|---|
| Divided by total risk-weighted assets | $9.85B | 9,852,649 | RCOAA223 |
| Recomputed ratio | 14.00% | numerator / denominator | |
| Filed ratio | 14.00% | RCOA7205 | |
| Regulatory minimum | 8.00% | ||
| Minimum plus conservation buffer | 10.50% | ||
| Well-capitalized level | 10.00% | ||
| Cushion over that level | +4.00 pp | $393.8M | capital that could be lost first |
Tier 1 leverage ratio 10.17% +5.17 pp over well capitalized
Tier 1 capital over average total assets for the quarter, with no risk weighting. It caps how far a bank can grow on low-risk-weight assets.
| Tier 1 capital | $1.21B | 1,206,340 | RCOA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $11.86B | 11,862,621 | RCOAA224 |
| Recomputed ratio | 10.17% | numerator / denominator | |
| Filed ratio | 10.17% | RCOA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 5.00% | ||
| Cushion over that level | +5.17 pp | $613.2M | capital that could be lost first |
Amounts in the middle column are thousands of dollars as filed. Ratios are the standardized column of Schedule RC-R Part I.
The capital stack, $ thousands
From common equity to total capital, then the denominators the ratios divide by. Negatives in parentheses.
| Line | 2Q26 | 1Q26 | 4Q25 | 3Q25 | 2Q25 | 1Q25 | Source |
|---|---|---|---|---|---|---|---|
| Common stock plus related surplus, net of treasury stock | 884,832 | 884,832 | 884,832 | 884,832 | 884,832 | 838,871 | RCOAP742 |
| Retained earnings | 708,197 | 685,151 | 690,349 | 692,017 | 670,427 | 652,537 | RCOAKW00 |
| Accumulated other comprehensive income | (70,807) | (68,288) | (65,039) | (69,860) | (77,006) | (82,242) | RCOAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 1,522,222 | 1,501,695 | 1,510,142 | 1,506,989 | 1,478,253 | 1,409,166 | RCOAP840 |
| Adjustments and deductions from common equity Tier 1 | (315,882) | (319,469) | (323,879) | (319,842) | (314,519) | (287,586) | P859 - P840 |
| Common equity Tier 1 capital | 1,206,340 | 1,182,226 | 1,186,263 | 1,187,147 | 1,163,734 | 1,121,580 | RCOAP859 |
| Additional Tier 1 capital | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP865 |
| Tier 1 capital | 1,206,340 | 1,182,226 | 1,186,263 | 1,187,147 | 1,163,734 | 1,121,580 | RCOA8274 |
| Tier 2 capital | 172,763 | 172,667 | 176,329 | 176,349 | 174,477 | 167,866 | RCOA5311 |
| Allowance includable in Tier 2 capital | 123,247 | 123,169 | 126,848 | 126,885 | 125,049 | 118,438 | RCOA5310 |
| Total capital | 1,379,103 | 1,354,893 | 1,362,592 | 1,363,496 | 1,338,211 | 1,289,446 | RCOA3792 |
| Total risk-weighted assets | 9,852,649 | 9,845,014 | 10,145,746 | 10,145,716 | 9,998,425 | 9,474,144 | RCOAA223 |
| Average total assets for the leverage ratio | 11,862,621 | 11,885,331 | 11,894,405 | 11,883,170 | 11,771,783 | 11,390,863 | RCOAA224 |
Risk-weighted assets by exposure category, 2Q26
Each category's exposure is filed across the risk-weight columns of Schedule RC-R Part II; its risk-weighted assets are each allocation times its weight. The average risk weight says how much capital a dollar of that exposure consumes.
| Category | Exposure | Risk-weighted | Avg weight | Share of RWA | Source |
|---|---|---|---|---|---|
| Cash and balances due | $173.7M | $10.2M | 5.88% | 0.10% | RC-R Part II, item 1 |
| Securities (HTM and AFS) | $1.76B | $218.6M | 12.44% | 2.22% | RC-R Part II, item 2.a, 2.b |
| Loans: residential mortgage | $1.65B | $839.0M | 50.90% | 8.51% | RC-R Part II, item 4.a, 5.a |
| Loans: high-volatility commercial real estate | $79.6M | $119.4M | 150.00% | 1.21% | RC-R Part II, item 4.b, 5.b |
| Loans: past due and nonaccrual | $50.1M | $75.2M | 150.00% | 0.76% | RC-R Part II, item 4.c, 5.c |
| Loans: all other | $7.73B | $7.61B | 98.46% | 77.23% | RC-R Part II, item 4.d, 5.d |
| All other assets | $477.7M | $455.3M | 95.31% | 4.62% | RC-R Part II, item 8 |
| Off-balance-sheet commitments and letters of credit | $467.8M | $467.8M | 100.00% | 4.75% | RC-R Part II, item 12, 13, 14, 15, 17, 18.a, 18.b |
| Derivatives (over the counter and centrally cleared) | $23.5M | $11.8M | 50.00% | 0.12% | RC-R Part II, item 20, 21 |
| Market risk and other approaches | NA | $47.5M | NA | 0.48% | RC-R Part II, item 27 |
How the categories add up to total risk-weighted assets
| Categories above, excluding market risk and other approaches | $9.81B | ties to item 31 ($9.81B) |
|---|---|---|
| Risk-weighted assets before deductions | $9.86B | RCONB704 |
| Less: excess allowance for credit losses | $7.1M | A222 |
| Less: allocated transfer risk reserve | $0 | 3128 |
| Total risk-weighted assets | $9.85B | RCONG641, ties |
12 quarters against the asset-tier median
| Quarter | Framework | CET1 | Tier 1 | Total capital | Leverage | Tier median CET1 | Tier median Tier 1 | Tier median Total capital | Tier median Leverage |
|---|---|---|---|---|---|---|---|---|---|
| 2Q26 | Risk-based | 12.24% | 12.24% | 14.00% | 10.17% | 12.98% | 12.99% | 14.14% | 10.25% |
| 1Q26 | Risk-based | 12.01% | 12.01% | 13.76% | 9.95% | 13.06% | 13.07% | 14.31% | 10.26% |
| 4Q25 | Risk-based | 11.69% | 11.69% | 13.43% | 9.97% | 13.15% | 13.20% | 14.60% | 10.03% |
| 3Q25 | Risk-based | 11.70% | 11.70% | 13.44% | 9.99% | 13.29% | 13.29% | 14.49% | 10.31% |
| 2Q25 | Risk-based | 11.64% | 11.64% | 13.38% | 9.89% | 13.11% | 13.11% | 14.41% | 10.16% |
| 1Q25 | Risk-based | 11.84% | 11.84% | 13.61% | 9.85% | 13.16% | 13.16% | 14.34% | 10.10% |
| 4Q24 | Risk-based | 11.85% | 11.85% | 13.56% | 9.78% | 13.15% | 13.15% | 14.49% | 10.29% |
| 3Q24 | Risk-based | 11.65% | 11.65% | 13.43% | 9.44% | 13.25% | 13.25% | 14.44% | 10.08% |
| 2Q24 | Risk-based | 11.39% | 11.39% | 13.12% | 9.34% | 13.08% | 13.08% | 14.24% | 10.10% |
| 1Q24 | Risk-based | 11.13% | 11.13% | 13.25% | 9.32% | 12.76% | 12.76% | 13.98% | 9.86% |
| 4Q23 | Risk-based | 10.97% | 10.97% | 13.01% | 9.24% | 12.58% | 12.58% | 13.79% | 9.79% |
| 3Q23 | Risk-based | 10.77% | 10.77% | 12.93% | 9.12% | 12.66% | 12.67% | 13.78% | 9.78% |
NA means not filed for that quarter: a community bank leverage ratio filer files no risk-based ratios. Tier medians are the served benchmark for banks in the same asset tier.
Against similar banks, 2Q26
| Bank | Assets | Framework | CET1 | Tier 1 | Total capital | Leverage |
|---|---|---|---|---|---|---|
| First Commonwealth Bank (this bank) | Risk-based | 12.24% | 12.24% | 14.00% | 10.17% | |
| Columbia Bank | $12.17B | Risk-based | 13.19% | 13.19% | 14.11% | 9.75% |
| Oriental Bank | $12.04B | Risk-based | 13.22% | 13.22% | 14.48% | 10.57% |
| Happen Bank, N.A. | $12.48B | Risk-based | 15.57% | 15.57% | 16.83% | 10.98% |
| NBH Bank | $12.54B | Risk-based | 12.27% | 12.27% | 13.39% | 10.27% |
| Farmers and Merchants Bank of Long Beach | $11.77B | Risk-based | 18.25% | 20.65% | 21.86% | 13.95% |
| The Park National Bank | $12.61B | Risk-based | 12.24% | 12.24% | 13.54% | 10.33% |
| PlainsCapital Bank | $12.68B | Risk-based | 12.50% | 12.50% | 13.47% | 9.73% |
| Dollar Bank, Federal Savings Bank | $12.70B | Risk-based | 15.38% | 15.38% | 16.45% | 11.05% |
| Peer 25th percentile | 12.44% | 12.44% | 13.53% | 10.14% | ||
| Peer median | 13.21% | 13.21% | 14.29% | 10.45% | ||
| Peer 75th percentile | 15.43% | 15.43% | 16.55% | 10.99% | ||
| This bank's percentile | 0 | 0 | 38 | 25 |
Peer ratios use the same basis as this bank: the standardized column of Schedule RC-R where served, the filed summary otherwise. Similar banks are the nearest banks by size in the same asset tier.
Source: FFIEC Call Report Schedule RC-R, Parts I and II, as filed. Well capitalized means at least 6.5% CET1, 8% Tier 1, 10% total capital and 5% leverage under the prompt corrective action rules; a community bank leverage ratio filer must instead hold the leverage ratio its framework requires. The same figures are in the API at /api/v1/banks/42420/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.