XML 73 R56.htm IDEA: XBRL DOCUMENT v3.25.4
Incentive Compensation Plan (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Unvested Service-Based Restricted Stock Awards
A summary of the status of First Commonwealth’s unvested service-based restricted stock awards as of December 31 and changes for the years ended on those dates is presented below:
 202520242023
 SharesWeighted
Average
Grant Date
Fair Value
SharesWeighted
Average
Grant Date
Fair Value
SharesWeighted
Average
Grant Date
Fair Value
Outstanding, beginning of the year399,497 $14.68 317,065 $14.62 311,265 $14.48 
Granted126,515 16.31 212,572 14.29 106,750 14.32 
Vested(129,925)15.55 (120,265)13.83 (90,810)13.76 
Forfeited(4,000)14.50 (9,875)14.87 (10,140)14.86 
Outstanding, end of the year392,087 14.92 399,497 14.68 317,065 14.62 
Schedule of Restricted Stock Units Granted Based on Performance [Table Text Block]
The following provides detail on restricted stock awards estimated to be granted on a performance award basis during 2025, 2024 and 2023. These plans were previously approved by the Board of Directors.
Grant DateTarget Share AwardPerformance Period (years)Award if threshold metAward if targets are metAward if superior met Award if threshold not achievedVesting After Performance Period (years)Final vesting
February 18, 2021143,400 340 %100 %200 %— %0December 31, 2023
February 17, 2022121,200 340 %100 %200 %— %0December 31, 2024
January 23, 2023159,000 340 %100 %200 %— %0December 31, 2025
January 29, 2024167,800 340 %100 %200 %— %0December 31, 2026
January 27, 2025159,800 340 %100 %200 %— %0December 31, 2027
Unvested Target Award
The following table summarizes the estimated unvested target share awards for the Plans as of December 31:
 202520242023
Outstanding, beginning of the year475,225 453,714 434,352 
Granted203,523 276,161 162,774 
Issued(155,956)(215,100)(143,412)
Forfeited(34,700)(39,550)— 
Outstanding, end of the year488,092 475,225 453,714