UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2008
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
--------------------------------
Edward J. Lipkus, III, Indiana, PA, May 14, 2008
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: 214
Form 13F Information Table Value Total: $140,061 (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
TITLE MARKET VOTING AUTHORITY
OF VALUE SHS OR SH/ PUT/ INVESTMENT OTHER ------------------------
ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
----------------------------- --------- --------- -------- --------- --- ---- ---------- -------- --------- ------- ------
1DISNEY WALT CO COMMONMON 254687106 38 1,200 SH OTHER 1 1,200
1MANITOWOC INC COMMON 563571108 688 16,852 SH DEFINED 1 16,852
1SUSQUEHANNA BANCSHARES INC P COMMON 869099101 1,064 52,242 SH DEFINED 1 52,242
3M CO COMMON 88579Y101 271 3,430 SH DEFINED 1 2,670 760
3M CO COMMON 88579Y101 751 9,485 SH OTHER 1 9,485
ABBOTT LABS COMMON 002824100 1,213 21,988 SH DEFINED 1 20,590 1,398
ABBOTT LABS COMMON 002824100 42 767 SH OTHER 1 767
ADOBE SYS INC COMMON 00724F101 737 20,704 SH DEFINED 1 20,704
ADOBE SYS INC COMMON 00724F101 13 367 SH OTHER 1 367
AIR PRODS & CHEMS INC COMMON 009158106 842 9,147 SH DEFINED 1 9,147
AIR PRODS & CHEMS INC COMMON 009158106 23 250 SH OTHER 1 250
ALLSTATE CORP COMMON 020002101 953 19,830 SH DEFINED 1 18,916 914
ALLSTATE CORP COMMON 020002101 323 6,729 SH OTHER 1 6,729
ALTRIA GROUP INC COMMON 02209S103 364 16,376 SH DEFINED 1 16,140 236
ALTRIA GROUP INC COMMON 02209S103 705 31,740 SH OTHER 1 31,740
AMERICAN INTL GROUP INC COMMON 026874107 701 16,202 SH DEFINED 1 15,062 1,140
AMERICAN INTL GROUP INC COMMON 026874107 69 1,593 SH OTHER 1 1,343 250
ANHEUSER BUSCH COS INC COMMON 035229103 43 900 SH DEFINED 1 900
ANHEUSER BUSCH COS INC COMMON 035229103 237 5,000 SH OTHER 1 5,000
APACHE CORP COMMON 037411105 1,237 10,242 SH DEFINED 1 10,242
APACHE CORP COMMON 037411105 112 924 SH OTHER 1 400 524
APPLE INC COMMON 037833100 828 5,767 SH DEFINED 1 5,767
APPLE INC COMMON 037833100 18 125 SH OTHER 1 125
AT&T INC COMMON 00206R102 2,452 64,009 SH DEFINED 1 62,039 1,970
AT&T INC COMMON 00206R102 279 7,290 SH OTHER 1 7,285 5
BANK OF AMERICA CORPORATION COMMON 060505104 359 9,460 SH DEFINED 1 6,163 3,297
BANK OF AMERICA CORPORATION COMMON 060505104 258 6,807 SH OTHER 1 6,807
BANK OF NEW YORK MELLON CORP COMMON 064058100 404 9,674 SH DEFINED 1 9,674
BANK OF NEW YORK MELLON CORP COMMON 064058100 163 3,897 SH OTHER 1 1,372 400 2,125
BARR PHARMACEUTICALS INC COMMON 068306109 831 17,203 SH DEFINED 1 17,203
BARR PHARMACEUTICALS INC COMMON 068306109 31 642 SH OTHER 1 642
BECTON DICKINSON & CO COMMON 075887109 1,121 13,053 SH DEFINED 1 12,567 486
BECTON DICKINSON & CO COMMON 075887109 80 933 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 44 586 SH DEFINED 1 586
BOEING CO COMMON 097023105 293 3,936 SH OTHER 1 3,936
BP PLC COMMON 055622104 313 5,156 SH DEFINED 1 5,092 64
BP PLC COMMON 055622104 400 6,592 SH OTHER 1 5,590 1,002
BUNGE LIMITED COMMON G16962105 552 6,348 SH DEFINED 1 6,348
BUNGE LIMITED COMMON G16962105 9 100 SH OTHER 1 100
BURLINGTON NORTHN SANTA FE C COMMON 12189T104 274 2,970 SH DEFINED 1 2,970
CATERPILLAR INC DEL COMMON 149123101 93 1,189 SH DEFINED 1 1,189
CATERPILLAR INC DEL COMMON 149123101 178 2,275 SH OTHER 1 2,275
CHEVRON CORP NEW COMMON 166764100 1,474 17,264 SH DEFINED 1 15,226 2,038
CHEVRON CORP NEW COMMON 166764100 540 6,327 SH OTHER 1 5,802 525
CISCO SYS INC COMMON 17275R102 1,202 49,877 SH DEFINED 1 46,347 3,530
CISCO SYS INC COMMON 17275R102 225 9,333 SH OTHER 1 9,333
CNB FINL CORP PA COMMON 126128107 332 23,400 SH DEFINED 1 23,400
CONOCOPHILLIPS COMMON 20825C104 612 8,030 SH DEFINED 1 6,380 1,650
CONOCOPHILLIPS COMMON 20825C104 160 2,100 SH OTHER 1 2,100
CONSTELLATION ENERGY GROUP I COMMON 210371100 221 2,500 SH OTHER 1 2,500
CVS CAREMARK CORPORATION COMMON 126650100 945 23,319 SH DEFINED 1 23,319
CVS CAREMARK CORPORATION COMMON 126650100 32 801 SH OTHER 1 801
DISNEY WALT CO COMMON 254687106 1,100 35,043 SH DEFINED 1 33,733 1,310
DOMINION RES INC VA NEW COMMON 25746U109 824 20,187 SH DEFINED 1 20,160 27
DOMINION RES INC VA NEW COMMON 25746U109 128 3,124 SH OTHER 1 3,124
DOW CHEM CO COMMON 260543103 210 5,691 SH DEFINED 1 5,691
DOW CHEM CO COMMON 260543103 9 250 SH OTHER 1 250
DU PONT E I DE NEMOURS & CO COMMON 263534109 323 6,904 SH DEFINED 1 6,904
DU PONT E I DE NEMOURS & CO COMMON 263534109 119 2,542 SH OTHER 1 942 1,600
EASTMAN CHEM CO COMMON 277432100 747 11,959 SH DEFINED 1 11,944 15
EASTMAN CHEM CO COMMON 277432100 39 626 SH OTHER 1 626
EBAY INC COMMON 278642103 741 24,828 SH DEFINED 1 24,828
EBAY INC COMMON 278642103 13 450 SH OTHER 1 450
EDISON INTL COMMON 281020107 544 11,095 SH DEFINED 1 11,065 30
EDISON INTL COMMON 281020107 10 200 SH OTHER 1 200
ELECTRONIC ARTS INC COMMON 285512109 495 9,924 SH DEFINED 1 9,924
ELECTRONIC ARTS INC COMMON 285512109 5 100 SH OTHER 1 100
EMBRYO DEV CORP COMMON 290818103 - 15,000 SH DEFINED 1 15,000
EMERSON ELEC CO COMMON 291011104 72 1,390 SH DEFINED 1 600 790
EMERSON ELEC CO COMMON 291011104 911 17,710 SH OTHER 1 17,710
ESB FINANCIAL CORP COMMON 26884F102 124 12,510 SH DEFINED 12,510 0 0
EXELON CORP COMMON 30161N101 165 2,036 SH DEFINED 1 2,036
EXELON CORP COMMON 30161N101 115 1,416 SH OTHER 1 1,416
EXXON MOBIL CORP COMMON 30231G102 4,136 48,902 SH DEFINED 1 48,902
EXXON MOBIL CORP COMMON 30231G102 2,418 28,587 SH OTHER 1 9,670 18,917
FEDEX CORP COMMON 31428X106 240 2,588 SH DEFINED 1 2,378 210
FEDEX CORP COMMON 31428X106 16 175 SH OTHER 1 175
FIRST COMWLTH FINL CORP PA COMMON 319829107 13,506 1,165,336 SH DEFINED 1 1,161,870 3,466
FIRST COMWLTH FINL CORP PA COMMON 319829107 394 34,006 SH OTHER 1 19,949 14,057
FIRSTMERIT CORP COMMON 337915102 207 10,000 SH DEFINED 10,000 0 0
FNB COMMON 302520101 4,739 303,600 SH DEFINED 303,600 0 0
FORTUNE BRANDS INC COMMON 349631101 241 3,467 SH DEFINED 1 2,827 640
FORTUNE BRANDS INC COMMON 349631101 47 675 SH OTHER 1 675
FRANKLIN RES INC COMMON 354613101 569 5,866 SH DEFINED 1 5,866
FRANKLIN RES INC COMMON 354613101 12 125 SH OTHER 1 125
GATEWAY BANK OF PENNSYLVANIA COMMON 869099101 50 5,000 SH DEFINED 5,000 0 0
GENERAL ELECTRIC CO COMMON 369604103 2,277 61,530 SH DEFINED 1 58,705 2,825
GENERAL ELECTRIC CO COMMON 369604103 4,789 129,408 SH OTHER 1 127,178 1,830 400
GOODRICH CORP COMMON 382388106 683 11,869 SH DEFINED 1 11,854 15
GOODRICH CORP COMMON 382388106 12 200 SH OTHER 1 200
GOOGLE INC COMMON 38259P508 596 1,352 SH DEFINED 1 1,281 71
GOOGLE INC COMMON 38259P508 9 20 SH OTHER 1 20
HARLEYSVILLE NATIONAL CORP COMMON 412850109 683 47,349 SH DEFINED 47,349 0 0
HARTFORD FINL SVCS GROUP INC COMMON 416515104 942 12,433 SH DEFINED 1 11,933 500
HARTFORD FINL SVCS GROUP INC COMMON 416515104 60 792 SH OTHER 1 792
HELMERICH & PAYNE INC COMMON 423452101 992 21,162 SH DEFINED 1 21,162
HELMERICH & PAYNE INC COMMON 423452101 14 300 SH OTHER 1 300
HUNTINGTON BANCSHARES, INC COMMON 446150104 161 15,000 SH DEFINED 15,000 0 0
INGERSOLL-RAND COMPANY LTD COMMON G4776G101 37 831 SH DEFINED 1 697 134
INGERSOLL-RAND COMPANY LTD COMMON G4776G101 544 12,200 SH OTHER 1 12,200
INTEL CORP COMMON 458140100 309 14,575 SH DEFINED 1 10,135 4,440
INTEL CORP COMMON 458140100 85 4,030 SH OTHER 1 3,600 430
INTERNATIONAL BUSINESS MACHS COMMON 459200101 1,566 13,598 SH DEFINED 1 13,517 81
INTERNATIONAL BUSINESS MACHS COMMON 459200101 1,740 15,110 SH OTHER 1 14,900 100 110
JACOBS ENGR GROUP INC DEL COMMON 469814107 1,176 15,976 SH DEFINED 1 15,976
JACOBS ENGR GROUP INC DEL COMMON 469814107 50 675 SH OTHER 1 675
JOHNSON & JOHNSON COMMON 478160104 1,395 21,501 SH DEFINED 1 20,486 1,015
JOHNSON & JOHNSON COMMON 478160104 601 9,257 SH OTHER 1 9,257
JP MORGAN CHASE & CO COMMON 46625H100 906 21,089 SH DEFINED 1 19,066 2,023
JP MORGAN CHASE & CO COMMON 46625H100 158 3,670 SH OTHER 1 3,670
JUNIATA VALLEY NATL BK COMMON 482016102 1,000 48,238 SH DEFINED 1 48,238
KENNAMETAL INC COMMON 489170100 401 13,623 SH DEFINED 1 13,623
KENNAMETAL INC COMMON 489170100 9 300 SH OTHER 1 300
KRAFT FOODS INC COMMON 50075N104 33 1,059 SH DEFINED 1 932 127
KRAFT FOODS INC COMMON 50075N104 675 21,776 SH OTHER 1 21,776
L-3 COMMUNICATIONS HLDGS INC COMMON 502424104 813 7,439 SH DEFINED 1 7,407 32
L-3 COMMUNICATIONS HLDGS INC COMMON 502424104 27 250 SH OTHER 1 250
LOWES COS INC COMMON 548661107 246 10,732 SH DEFINED 1 10,732
LOWES COS INC COMMON 548661107 115 5,033 SH OTHER 1 4,433 600
MAGNITUDE INFORMATION SYS IN COMMON 559534102 3 112,400 SH DEFINED 1 112,400
MANITOWOC INC COMMON 563571108 10 250 SH OTHER 1 250
MCDONALDS CORP COMMON 580135101 1,105 19,820 SH DEFINED 1 19,617 203
MCDONALDS CORP COMMON 580135101 39 700 SH OTHER 1 700
MCKESSON CORP COMMON 58155Q103 432 8,257 SH DEFINED 1 8,257
MCKESSON CORP COMMON 58155Q103 8 150 SH OTHER 1 150
MERCK & CO INC COMMON 589331107 101 2,667 SH DEFINED 1 2,667
MERCK & CO INC COMMON 589331107 945 24,910 SH OTHER 1 24,410 500
MERRILL LYNCH & CO INC COMMON 590188108 216 5,313 SH DEFINED 1 4,665 648
MERRILL LYNCH & CO INC COMMON 590188108 180 4,425 SH OTHER 1 4,425
MICROSOFT CORP COMMON 594918104 1,160 40,870 SH DEFINED 1 39,068 1,802
MICROSOFT CORP COMMON 594918104 209 7,353 SH OTHER 1 7,033 320
MOLSON COORS BREWING CO CL B 60871R209 611 11,623 SH DEFINED 1 11,623
MOLSON COORS BREWING CO CL B 60871R209 8 150 SH OTHER 1 150
MORGAN STANLEY COMMON 617446448 214 4,680 SH OTHER 1 4,680
NATIONAL CITY CORP COMMON 635405103 139 14,003 SH DEFINED 1 14,003
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
NORFOLK SOUTHERN CORP COMMON 655844108 162 2,980 SH DEFINED 1 2,250 730
NORFOLK SOUTHERN CORP COMMON 655844108 71 1,300 SH OTHER 1 1,300
OMEGA FINANCIAL CORP COMMON 682092101 5,160 165,377 SH DEFINED 165,377 0 0
ORACLE CORP COMMON 68389X105 973 49,724 SH DEFINED 1 49,724
ORACLE CORP COMMON 68389X105 57 2,933 SH OTHER 1 2,933
PARKER HANNIFIN CORP COMMON 701094104 694 10,014 SH DEFINED 1 10,014
PARKER HANNIFIN CORP COMMON 701094104 7 100 SH OTHER 1 100
PARKVALE FINANCIAL CORP COMMON 701492100 6,027 224,544 SH DEFINED 224,544 0 0
PEPSICO INC COMMON 713448108 1,616 22,388 SH DEFINED 1 21,540 848
PEPSICO INC COMMON 713448108 1,561 21,617 SH OTHER 1 21,617
PETSMART INC COMMON 716768106 691 33,813 SH DEFINED 1 32,703 1,110
PETSMART INC COMMON 716768106 11 550 SH OTHER 1 550
PFIZER INC COMMON 717081103 333 15,926 SH DEFINED 1 12,533 3,393
PFIZER INC COMMON 717081103 454 21,715 SH OTHER 1 21,075 640
PHARMACEUTICAL PROD DEV INC COMMON 717124101 349 8,326 SH DEFINED 1 8,326
PHARMACEUTICAL PROD DEV INC COMMON 717124101 8 200 SH OTHER 1 200
PHILIP MORRIS INTL INC COMMON 718172109 828 16,376 SH DEFINED 1 16,376
PHILIP MORRIS INTL INC COMMON 718172109 1,570 31,040 SH OTHER 1 31,040
PNC FINL SVCS GROUP INC COMMON 693475105 325 4,954 SH DEFINED 1 4,954
PNC FINL SVCS GROUP INC COMMON 693475105 262 4,000 SH OTHER 1 4,000
PPG INDS INC COMMON 693506107 126 2,088 SH DEFINED 1 2,088
PPG INDS INC COMMON 693506107 1,220 20,154 SH OTHER 1 16,654 3,500
PPL CORP COMMON 69351T106 273 5,950 SH DEFINED 1 5,950
PPL CORP COMMON 69351T106 129 2,800 SH OTHER 1 2,800
PRICE T ROWE GROUP INC COMMON 74144T108 893 17,859 SH DEFINED 1 16,990 869
PRICE T ROWE GROUP INC COMMON 74144T108 68 1,350 SH OTHER 1 1,350
PROCTER & GAMBLE CO COMMON 742718109 1,674 23,892 SH DEFINED 1 23,237 655
PROCTER & GAMBLE CO COMMON 742718109 2,920 41,676 SH OTHER 1 41,676
PUBLIC SVC ENTERPRISE GROUP COMMON 744573106 176 4,368 SH DEFINED 1 1,928 2,440
PUBLIC SVC ENTERPRISE GROUP COMMON 744573106 340 8,460 SH OTHER 1 8,460
ROCKWELL AUTOMATION INC COMMON 773903109 171 2,984 SH DEFINED 1 2,984
ROCKWELL AUTOMATION INC COMMON 773903109 115 2,000 SH OTHER 1 2,000
ROCKWELL COLLINS INC COMMON 774341101 151 2,637 SH DEFINED 1 2,637
ROCKWELL COLLINS INC COMMON 774341101 114 2,000 SH OTHER 1 2,000
ROYAL BANCSHARES OF PENN-A COMMON 780081105 292 20,156 SH DEFINED 20,156 0 0
ROYAL DUTCH SHELL PLC COMMON 780259206 55 802 SH DEFINED 1 714 88
ROYAL DUTCH SHELL PLC COMMON 780259206 310 4,500 SH OTHER 1 4,500
S & T BANCORP INC COMMON 783859101 2,718 84,489 SH DEFINED 1 84,489
S & T BANCORP INC COMMON 783859101 47 1,464 SH OTHER 1 1,464
SCHLUMBERGER LTD COMMON 806857108 871 10,016 SH DEFINED 1 9,901 115
SCHLUMBERGER LTD COMMON 806857108 276 3,168 SH OTHER 1 3,168
STATE STR CORP COMMON 857477103 635 8,033 SH DEFINED 1 8,033
STATE STR CORP COMMON 857477103 12 150 SH OTHER 1 150
SUPERVALU INC COMMON 868536103 548 18,286 SH DEFINED 1 18,286
SUPERVALU INC COMMON 868536103 4 150 SH OTHER 1 150
SUSQUEHANNA BANCSHARES INC COMMON 869099101 1,415 69,487 SH DEFINED 69,487 0 0
TARGET CORP COMMON 87612E106 908 17,912 SH DEFINED 1 17,912
TARGET CORP COMMON 87612E106 248 4,888 SH OTHER 1 4,888
TEXAS INSTRS INC COMMON 882508104 745 26,369 SH DEFINED 1 24,419 1,950
TEXAS INSTRS INC COMMON 882508104 70 2,467 SH OTHER 1 2,467
THERMO FISHER SCIENTIFIC INC COMMON 883556102 963 16,935 SH DEFINED 1 16,935
THERMO FISHER SCIENTIFIC INC COMMON 883556102 11 200 SH OTHER 1 200
TIDEWATER INC COMMON 886423102 267 4,852 SH DEFINED 1 4,852
TIDEWATER INC COMMON 886423102 8 150 SH OTHER 1 150
TRISTATE CAPITAL BANK COMMON 99R733108 500 50,000 SH DEFINED 50,000 0 0
UNITED TECHNOLOGIES CORP COMMON 913017109 306 4,452 SH DEFINED 1 3,850 602
UNITED TECHNOLOGIES CORP COMMON 913017109 44 633 SH OTHER 1 633
VALERO ENERGY CORP NEW COMMON 91913Y100 725 14,754 SH DEFINED 1 14,754
VALERO ENERGY CORP NEW COMMON 91913Y100 25 500 SH OTHER 1 500
VERIZON COMMUNICATIONS INC COMMON 92343V104 1,789 49,089 SH DEFINED 1 48,996 93
VERIZON COMMUNICATIONS INC COMMON 92343V104 938 25,736 SH OTHER 1 21,192 4,544
VIST FINANCIAL CORP COMMON 524477106 1,688 95,005 SH DEFINED 95,005 0 0
VODAFONE GROUP PLC NEW COMMON 92857W209 83 2,808 SH DEFINED 1 2,808
VODAFONE GROUP PLC NEW COMMON 92857W209 155 5,250 SH OTHER 1 5,250
WACHOVIA CORP NEW COMMON 929903102 682 25,263 SH DEFINED 1 25,159 104
WACHOVIA CORP NEW COMMON 929903102 5 200 SH OTHER 1 200
WELLPOINT INC COMMON 94973V107 507 11,487 SH DEFINED 1 11,487
WELLPOINT INC COMMON 94973V107 12 275 SH OTHER 1 275
WELLS FARGO & CO NEW COMMON 949746101 930 31,942 SH DEFINED 1 30,587 1,355
WELLS FARGO & CO NEW COMMON 949746101 186 6,382 SH OTHER 1 6,382
WILLOW FINANCIAL BANCORP, INC COMMON 97111W101 527 71,303 SH DEFINED 71,303 0 0
WINDSTREAM CORP COMMON 97381W104 46 3,825 SH DEFINED 1 3,547 278
WINDSTREAM CORP COMMON 97381W104 78 6,527 SH OTHER 1 100 6,427
XCEL ENERGY INC COMMON 98389B100 357 17,882 SH DEFINED 1 17,882
XCEL ENERGY INC COMMON 98389B100 8 400 SH OTHER 1 400
GRAND TOTALS 140,061 4,658,149