First · NYSE:FCF
First — First Commonwealth Financial — Merger or Acquisition (April 2019)
5 slides from First's merger presentation, Apr 22, 2019
Slide 1: First Commonwealth Announces Acquisition of Santander Branches in Central Pennsylvania
NYSE: FCF First Commonwealth Announces Acquisition of 14 Santander Branches in Central Pennsylvania April 22, 2019
Slide 2: Forward-looking Statements
Forward‐looking Statements This release contains forward‐looking statements about First Commonwealth’s future plans, strategies and financial performance that may be considered forward‐looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securitie
Slide 3: Summary of Opportunity
Summary of Opportunity Branch Locations by MSA Williamsport Lock Haven Bloomsburg State College Lewisburg Sunbury First Commonwealth Target Branches Remaining Santander Branches o Expands First Commonwealth Bank’s branch footprint by 10% and provides a broader geography for commercial and mortgage l
Slide 4: Key Transaction Terms
Key Transaction Terms 7.05% premium on deposits Purchase Price $37.0 million based on approximately $525 million of deposits as of March 31, 2019 Premium will be calculated based on average daily balance of deposits for the 10 days prior to closing Approximately $525 million of deposits Depo
Slide 5: For more information, please contact
NYSE: FCF For more information, please contact: Ryan M. Thomas Vice President / Finance & Investor Relations First Commonwealth Financial Corporation 654 Philadelphia Street Indiana, Pennsylvania 15701 (724) 463‐1690 InvestorRelations@fcbanking.com
First Commonwealth Financial — Merger or Acquisition (April 2019) on 6ix