Investments, Equity Method and Joint Ventures (Tables)

12 Months Ended

Dec. 31, 2025

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments

As of December 31, First Commonwealth's investment in and unfunded commitment to these partnerships are as follows:

	2025		2024
	(dollars in thousands)
Investment
SBIC	$	18,392	$	15,081
LIHTC	10,561		11,737
CDFI	7,100		7,339
Other	580		604
Total limited investment partnerships	$	36,633	$	34,761
Unfunded commitment
SBIC	$	12,383	$	10,804
LIHTC	2,019		4,979
CDFI	7,000		3,761
Other	42		60
Total unfunded commitment	$	21,444	$	19,604

Tax Expenses and Benefits Recognized

The amortization and tax benefits attributed to these partnerships, which include low-income housing and historic tax credits, are as follows as of December 31:

	2025		2024		2023
	(dollars in thousands)
Proportional amortization expense included in the provision for income taxes	$	850	$	795	$	1,223
Tax credits and other tax benefits recognized	1,176		853		631

Equity Method Investments - Unfunded Commitments

The following table presents the scheduled equity commitments to be paid to LIHTC limited partnerships over the next five years and in the aggregate thereafter as of December 31, 2025:

2026	$	925
2027	346
2028	168
2029	161
2030	159
Thereafter	260
Total	$	2,019