First Commonwealth Bank
First Commonwealth Bank is a Pennsylvania-based community bank founded in 1934, providing personal and business banking services across Pennsylvania with multiple branch locations and comprehensive financial solutions.
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Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (43 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
First Commonwealth Bank ranks #61 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of First Commonwealth Bank’s 7(a) acquisition lending falls in the $500K-$1M range: 16 loans, 37.2% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 11 | 25.6% | |
| $500K-$1M | 16 | 37.2% | |
| $1M-$2M | 11 | 25.6% | |
| $2M-$3M | 2 | 4.7% | |
| $3M-$4M | 1 | 2.3% | |
| $4M-$5M | 2 | 4.7% |
Industries with highest loan volume
Other Computer Related Services
2
loans
$999K
avg. amount
All Other Specialty Trade Contractors
2
loans
$3.0M
avg. amount
All Other Amusement and Recreation Industries
2
loans
$788K
avg. amount
Plumbing, Heating, and Air-Conditioning Contractors
2
loans
$1.2M
avg. amount
Offices of Chiropractors
2
loans
$305K
avg. amount
Limited-Service Restaurants
2
loans
$182K
avg. amount
Hardware Retailers
2
loans
$874K
avg. amount
Fitness and Recreational Sports Centers
1
loans
$293K
avg. amount
All Other Professional, Scientific, and Technical Services
1
loans
$827K
avg. amount
Computer Systems Design Services
1
loans
$329K
avg. amount
10-Year
1.4%
Percentile Ranking
86th
86th percentile
First Commonwealth Bank’s median variable rate is + 2.25%, against a market median of Prime + 1.88%, 38 above market.
It priced below the market median in 0 of the last 8 quarters. 1 of the 43 loans in its trailing three-year book carried a fixed rate; the rest were variable.
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.58% |
| $500K-$1M | Prime + 2.22% |
| $1M-$2M | Prime + 2.23% |
| $2M-$3M | Prime + 2.13% |
| $3M-$4M | Prime + 2.00% |
| $4M-$5M | Prime + 2.25% |
over at time of loan origination
| Quarter | This lender | Market median | Market range | Loans |
|---|---|---|---|---|
| Q2 '24 | Prime + 2.75% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 3 |
| Q3 '24 | Prime + 2.00% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 3 |
| Q4 '24 | Prime + 2.50% | Prime + 2.25% | Prime + 1.50% – Prime + 2.75% | 4 |
| Q1 '25 | Prime + 2.25% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 3 |
| Q2 '25 | Prime + 2.00% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 3 |
| Q4 '25 | Prime + 2.25% | Prime + 2.25% | Prime + 1.67% – Prime + 2.75% | 4 |
| Q1 '26 | Prime + 2.50% | Prime + 2.00% | Prime + 1.50% – Prime + 2.50% | 3 |
| Q2 '26 | Prime + 2.00% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 3 |
First Commonwealth Bank has originated 7(a) acquisition loans in 8 states, most actively in Pennsylvania (18), Ohio (18) and South Carolina (2). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| Pennsylvania | 18 | 41.9% |
| Ohio | 18 | 41.9% |
| South Carolina | 2 | 4.7% |
| Kentucky | 1 | 2.3% |
| South Dakota | 1 | 2.3% |
| New York | 1 | 2.3% |
| Texas | 1 | 2.3% |
| Florida | 1 | 2.3% |
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