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, 2001 Check here if Amendment [ ]: Amendment Number:________ This Amendment (Check only one): [X] 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: John J. Dolan Title: Executive Vice President and Chief Financial Officer Phone: (724) 349-7220 Signature,Place, and Date of Signing: /s/ John. J. Dolan John J. Dolan, Indiana, PA, May 14, 2001 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:194 Form 13F Information Table Value Total: $145,671 (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:28-05153 Name: First Commonwealth Trust Company FORM 13F INFORMATION TABLE COLUMN 1 COL 2 COL 3 COL 4 COLUMN 5 COL 6 COL 7 COLUMN 8 TITLE MARKET OF VALUE SHS OR SH/ PUT/INVESTMENT OTHER VOTING AUTHORITY ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALLDISCRETIONMANAGERS SOLE SHARED NONE ABBOTT LABORATORIES Common 002824100 352 7,466 SH DEFINED 1 7,466 0 0 ALCOA INC. Common 013817101 925 25,736 SH DEFINED 1 25,736 0 0 ALCOA INC. Common 013817101 162 4,500 SH OTHER 1 4,500 0 0 ALLEGHENY ENERGY INC Common 017361106 252 5,454 SH DEFINED 1 5,454 0 0 ALLEGHENY ENERGY INC Common 017361106 102 2,200 SH OTHER 1 2,200 0 0 ALLSTATE CORP Common 020002101 228 5,428 SH DEFINED 1 5,428 0 0 ALLSTATE CORP Common 020002101 250 5,962 SH OTHER 1 5,962 0 0 ALLTEL CORP Common 020039103 645 12,301 SH DEFINED 1 10,255 2,046 0 ALLTEL CORP Common 020039103 384 7,316 SH OTHER 1 500 6,816 0 AMERICAN EXPRESS CO Common 025816109 336 8,142 SH DEFINED 1 8,142 0 0 AMERICAN HOME PRODUCTS Common 026609107 1,064 18,109 SH DEFINED 1 18,109 0 0 AMERICAN HOME PRODUCTS Common 026609107 247 4,200 SH OTHER 1 4,200 0 0 AMERICAN INTERNATIONAL GROUP INC Common 026874107 801 9,950 SH DEFINED 1 9,950 0 0 AMERICAN INTERNATIONAL GROUP INC Common 026874107 71 881 SH OTHER 1 881 0 0 AMGEN INC Common 031162100 340 5,650 SH DEFINED 1 5,650 0 0 ANHEUSER BUSCH COS INC Common 035229103 565 12,300 SH DEFINED 1 12,300 0 0 ANHEUSER BUSCH COS INC Common 035229103 64 1,400 SH OTHER 1 1,400 0 0 AOL TIME WARNER INC Common 00184A105 721 17,955 SH DEFINED 1 17,955 0 0 AOL TIME WARNER INC Common 00184A105 46 1,150 SH OTHER 1 1,150 0 0 APPLIED MATLS INC Common 038222105 692 15,900 SH DEFINED 1 15,900 0 0 APPLIED MATLS INC Common 038222105 44 1,000 SH OTHER 1 1,000 0 0 AT&T CORP COMMON Common 001957109 447 20,978 SH DEFINED 1 20,890 88 0 AT&T CORP COMMON Common 001957109 178 8,354 SH OTHER 1 7,802 552 0 AUTOMATIC DATA PROCESSING INC Common 053015103 313 5,758 SH DEFINED 1 5,758 0 0 AUTOMATIC DATA PROCESSING INC Common 053015103 54 1,000 SH OTHER 1 1,000 0 0 BANK OF AMERICA CORP Common 060505104 721 13,171 SH DEFINED 1 13,171 0 0 BANK OF AMERICA CORP Common 060505104 16 300 SH OTHER 1 300 0 0 BELLSOUTH CORP Common 079860102 1,094 26,723 SH DEFINED 1 26,323 400 0 BELLSOUTH CORP Common 079860102 82 2,000 SH OTHER 1 2,000 0 0 BERKSHIRE SECURITIES Common 084991868 794 5,400 SH DEFINED 1 5,400 0 0 BP AMOCO PLC SPONSORED ADR Common 055622104 1,504 30,309 SH DEFINED 1 30,309 0 0 BP AMOCO PLC SPONSORED ADR Common 055622104 212 4,280 SH OTHER 1 4,280 0 0 BRISTOL MYERS SQUIB Common 110122108 988 16,627 SH DEFINED 1 16,627 0 0 BRISTOL MYERS SQUIB Common 110122108 24 400 SH OTHER 1 400 0 0 CHEVRON CORP Common 166751107 154 1,750 SH DEFINED 1 1,750 0 0 CHEVRON CORP Common 166751107 184 2,091 SH OTHER 1 1,541 550 0 CISCO SYSTEMS Common 17275R102 774 48,937 SH DEFINED 1 48,937 0 0 CISCO SYSTEMS Common 17275R102 85 5,400 SH OTHER 1 5,400 0 0 CITIGROUP INC Common 172967101 1,322 29,392 SH DEFINED 1 29,392 0 0 CITIGROUP INC Common 172967101 48 1,068 SH OTHER 1 840 228 0 COCA COLA CO Common 191216100 523 11,590 SH DEFINED 1 11,390 200 0 COCA COLA CO Common 191216100 54 1,200 SH OTHER 1 1,200 0 0 COMPAQ COMPUTER CORP Common 204493100 622 34,200 SH DEFINED 1 34,200 0 0 COMPAQ COMPUTER CORP Common 204493100 80 4,383 SH OTHER 1 4,383 0 0 CONEXANT SYSTEMS INC Common 207142100 16 1,797 SH DEFINED 1 1,797 0 0 CONEXANT SYSTEMS INC Common 207142100 136 15,218 SH OTHER 1 15,218 0 0 CROWN AMERICAN REALTY TRUST Common 228186102 146 21,560 SH DEFINED 1 21,560 0 0 CVS CORP Common 126650100 281 4,800 SH OTHER 1 4,800 0 0 DISNEY WALT CO Common 254687106 211 7,385 SH DEFINED 1 7,385 0 0 DISNEY WALT CO Common 254687106 61 2,150 SH OTHER 1 2,150 0 0 DOW CHEMICAL COMPANY Common 260543103 201 6,382 SH DEFINED 1 6,382 0 0 DOW CHEMICAL COMPANY Common 260543103 278 8,790 SH OTHER 1 8,790 0 0 DUPONT DE NEMOUR Common 263534109 716 17,585 SH DEFINED 1 17,585 0 0 DUPONT DE NEMOUR Common 263534109 138 3,385 SH OTHER 1 1,585 1,800 0 EMBRYO DEVELOPMENT CORP Common 290818103 1 15,000 SH DEFINED 1 15,000 0 0 EMC CORP Common 268648102 165 5,600 SH DEFINED 1 5,600 0 0 EMC CORP Common 268648102 41 1,400 SH OTHER 1 1,400 0 0 EMERSON ELECTRIC CO Common 291011104 622 10,030 SH DEFINED 1 10,030 0 0 EQUITABLE RESOURCES Common 294549100 850 12,321 SH OTHER 1 12,321 0 0 EXXON MOBIL CORP Common 30231G102 3,032 37,426 SH DEFINED 1 37,426 0 0 EXXON MOBIL CORP Common 30231G102 2,993 36,949 SH OTHER 1 33,726 3,223 0 FEDERAL NATIONAL MORTGAGE ASSOC Common 313586109 1,026 12,895 SH DEFINED 1 12,895 0 0 FEDERAL NATIONAL MORTGAGE ASSOC Common 313586109 100 1,250 SH OTHER 1 1,250 0 0 FIRST COMMONWEALTH FINANCIAL CORP Common 319829107 19,686 1,719,262 SH DEFINED 1 1,710,416 8,846 0 FIRST COMMONWEALTH FINANCIAL CORP Common 319829107 4,454 388,998 SH OTHER 1 332,688 56,310 0 FIRST UNION CORPORATION Common 337358105 268 8,114 SH DEFINED 1 8,114 0 0 FORD MTR CO DEL COM PAR $0.01 Common 345370860 838 29,789 SH DEFINED 1 29,789 0 0 FORD MTR CO DEL COM PAR $0.01 Common 345370860 104 3,716 SH OTHER 1 2,668 1,048 0 FORTUNE BRANDS INC Common 349631101 135 3,932 SH DEFINED 1 3,932 0 0 FORTUNE BRANDS INC Common 349631101 100 2,900 SH OTHER 1 2,900 0 0 GA FINANCIAL INC Common 361437106 1,888 133,900 SH DEFINED 133,900 0 0 GENERAL ELECTRIC Common 369604103 5,515 131,750 SH DEFINED 1 131,750 0 0 GENERAL ELECTRIC Common 369604103 5,648 134,925 SH OTHER 1 131,505 3,420 0 GENERAL MILLS INC Common 370334104 138 3,220 SH DEFINED 1 3,220 0 0 GENERAL MILLS INC Common 370334104 255 5,940 SH OTHER 1 5,940 0 0 GENERAL MOTORS CORP Common 370442105 195 3,758 SH DEFINED 1 3,358 0 400 GENERAL MOTORS CORP Common 370442105 173 3,342 SH OTHER 1 2,884 458 0 GILLETTE CO Common 375766102 421 13,519 SH DEFINED 1 13,519 0 0 GILLETTE CO Common 375766102 39 1,250 SH OTHER 1 1,250 0 0 HOME DEPOT INC Common 437076102 268 6,212 SH DEFINED 1 6,212 0 0 HOME DEPOT INC Common 437076102 4 100 SH OTHER 1 100 0 0 IBT BANCORP INC IRWIN PA Common 44923F108 128 5,853 SH SOLE 5,853 0 0 INGERSOLL RAND CO Common 456866102 238 6,000 SH OTHER 1 6,000 0 0 INTEL CORP Common 458140100 1,312 49,880 SH DEFINED 1 49,880 0 0 INTEL CORP Common 458140100 195 7,400 SH OTHER 1 7,400 0 0 INTIMATE BRANDS INC Common 461156101 251 17,075 SH DEFINED 1 17,075 0 0 INTIMATE BRANDS INC Common 461156101 9 600 SH OTHER 1 600 0 0 INT'L BUSINESS MACHINES CORP Common 459200101 1,715 17,827 SH DEFINED 1 17,827 0 0 INT'L BUSINESS MACHINES CORP Common 459200101 954 9,920 SH OTHER 1 9,920 0 0 J P MORGAN CHASE & CO Common 46625H100 1,101 24,512 SH DEFINED 1 24,512 0 0 J P MORGAN CHASE & CO Common 46625H100 50 1,110 SH OTHER 1 1,110 0 0 JOHNSON & JOHNSON Common 478160104 1,168 13,348 SH DEFINED 1 13,348 0 0 JOHNSON & JOHNSON Common 478160104 492 5,620 SH OTHER 1 5,420 200 0 JUNIATA VALLEY FINANCIAL CORP. Common 482016102 532 21,927 SH DEFINED 1 21,927 0 0 KROGER CO Common 501044101 293 11,376 SH OTHER 1 11,376 0 0 LOWES COS INC Common 548661107 830 14,200 SH DEFINED 1 14,200 0 0 LOWES COS INC Common 548661107 117 2,000 SH OTHER 1 2,000 0 0 LUCENT TECHNOLOGIES INC Common 549463107 333 33,397 SH DEFINED 1 33,321 76 0 LUCENT TECHNOLOGIES INC Common 549463107 71 7,148 SH OTHER 1 6,508 640 0 MCDONALDS CORP Common 580135101 560 21,110 SH DEFINED 1 21,110 0 0 MCDONALDS CORP Common 580135101 387 14,584 SH OTHER 1 14,584 0 0 MELLON FINANCIAL CORP Common 58551A108 1,085 26,784 SH DEFINED 1 26,784 0 0 MELLON FINANCIAL CORP Common 58551A108 384 9,475 SH OTHER 1 5,000 4,475 0 MERCK & COMPANY INC Common 589331107 5,126 67,539 SH DEFINED 1 67,539 0 0 MERCK & COMPANY INC Common 589331107 927 12,218 SH OTHER 1 11,418 800 0 MERRILL LYNCH & CO Common 590188108 1,145 20,668 SH DEFINED 1 20,668 0 0 MERRILL LYNCH & CO Common 590188108 244 4,400 SH OTHER 1 4,400 0 0 MICROSOFT CORP Common 594918104 1,016 18,585 SH DEFINED 1 18,585 0 0 MICROSOFT CORP Common 594918104 167 3,050 SH OTHER 1 3,050 0 0 MINNESOTA MINING & MANUFACTURING Common 604059105 1,285 12,371 SH DEFINED 1 12,371 0 0 MINNESOTA MINING & MANUFACTURING Common 604059105 187 1,800 SH OTHER 1 1,700 100 0 MORGAN STANLEY DEAN WITTER DISCO Common 617446448 250 4,680 SH OTHER 1 4,680 0 0 MOTOROLA INC. Common 620076109 314 22,014 SH DEFINED 1 22,014 0 0 MOTOROLA INC. Common 620076109 24 1,700 SH OTHER 1 1,700 0 0 NATIONAL CITY CORP Common 635405103 208 7,786 SH DEFINED 1 7,786 0 0 NEW MEXICO BANQUEST Common 647991926 676 7,207 SH DEFINED 1 7,207 0 0 NEW MEXICO BANQUEST Common 647991926 143 1,522 SH OTHER 1 1,522 0 0 NITTANY FINANCIAL CORP Common 65480R102 110 11,000 SH SOLE 11,000 0 0 NORTH PITTSBURGH SYS INC Common 661562108 1,063 92,920 SH OTHER 1 72,000 20,920 0 NOVELLUS SYSTEMS INC Common 670008101 752 18,550 SH DEFINED 1 18,550 0 0 NOVELLUS SYSTEMS INC Common 670008101 20 500 SH OTHER 1 500 0 0 ORACLE CORP Common 68389X105 807 53,850 SH DEFINED 1 53,850 0 0 ORACLE CORP Common 68389X105 40 2,700 SH OTHER 1 2,700 0 0 P P G INDUSTRIES INC Common 693506107 278 6,040 SH DEFINED 1 6,040 0 0 P P G INDUSTRIES INC Common 693506107 2,401 52,090 SH OTHER 1 44,390 7,700 0 PARKVALE FINANCIAL CORP Common 701492100 2,054 90,800 SH DEFINED 90,800 0 0 PEPSICO INCORPORATED Common 713448108 2,441 55,530 SH DEFINED 1 55,530 0 0 PEPSICO INCORPORATED Common 713448108 198 4,500 SH OTHER 1 4,100 400 0 PFIZER INC Common 717081103 3,551 86,722 SH DEFINED 1 86,722 0 0 PFIZER INC Common 717081103 639 15,600 SH OTHER 1 15,600 0 0 PHILIP MORRIS CO Common 718154107 2,180 45,940 SH DEFINED 1 45,940 0 0 PNC BANK CORP Common 693475105 834 12,315 SH DEFINED 1 11,465 0 850 PNC BANK CORP Common 693475105 293 4,328 SH OTHER 1 4,328 0 0 PPL CORP Common 69351T106 447 10,161 SH DEFINED 1 10,161 0 0 PPL CORP Common 69351T106 453 10,313 SH OTHER 1 10,313 0 0 PRAXAIR INC Common 74005P104 62 1,390 SH DEFINED 1 1,390 0 0 PRAXAIR INC Common 74005P104 179 4,000 SH OTHER 1 4,000 0 0 PROCTER & GAMBLE CO Common 742718109 1,975 31,546 SH DEFINED 1 31,546 0 0 PROCTER & GAMBLE CO Common 742718109 917 14,650 SH OTHER 1 14,450 200 0 PROMISTAR FINANCIAL CORP Common 743424107 3,123 163,275 SH DEFINED 163,275 0 0 PUBLIC SERV ELEC GAS Common 744573106 48 1,104 SH DEFINED 1 1,104 0 0 PUBLIC SERV ELEC GAS Common 744573106 288 6,680 SH OTHER 1 6,680 0 0 QUALCOMM INC Common 747525103 258 4,550 SH DEFINED 1 4,550 0 0 QWEST COMMUNICATIONS INTL Common 749121109 128 3,650 SH DEFINED 1 3,650 0 0 QWEST COMMUNICATIONS INTL Common 749121109 131 3,730 SH OTHER 1 3,730 0 0 RADIOSHACK CORP Common 750438103 394 10,725 SH DEFINED 1 10,725 0 0 RADIOSHACK CORP Common 750438103 11 300 SH OTHER 1 300 0 0 ROCKWELL INTL CORP NEW Common 773903109 108 2,975 SH DEFINED 1 2,975 0 0 ROCKWELL INTL CORP NEW Common 773903109 553 15,219 SH OTHER 1 15,219 0 0 ROYAL DUTCH PETROLEUM NY SHS Common 780257804 283 5,100 SH DEFINED 1 5,100 0 0 ROYAL DUTCH PETROLEUM NY SHS Common 780257804 22 400 SH OTHER 1 400 0 0 S & T BANCORP INC Common 783859101 2,314 100,000 SH DEFINED 100,000 0 0 S & T BANCORP INC Common 783859101 1,742 75,283 SH DEFINED 1 75,283 0 0 S & T BANCORP INC Common 783859101 11 464 SH OTHER 1 464 0 0 SBC COMMUNICATIONS INC Common 78387G103 728 16,317 SH DEFINED 1 16,317 0 0 SBC COMMUNICATIONS INC Common 78387G103 248 5,556 SH OTHER 1 5,556 0 0 SCHERING-PLOUGH CORP Common 806605101 315 8,619 SH DEFINED 1 8,619 0 0 SCHERING-PLOUGH CORP Common 806605101 15 400 SH OTHER 1 400 0 0 SCHLUMBERGER LTD Common 806857108 865 15,017 SH DEFINED 1 15,017 0 0 SCHLUMBERGER LTD Common 806857108 63 1,100 SH OTHER 1 1,000 100 0 SOLECTRON CORP Common 834182107 409 21,505 SH DEFINED 1 21,505 0 0 SOLECTRON CORP Common 834182107 34 1,800 SH OTHER 1 1,800 0 0 SOUTHWEST AIRLINES Common 844741108 346 19,480 SH DEFINED 1 19,480 0 0 SOUTHWEST AIRLINES Common 844741108 14 787 SH OTHER 1 787 0 0 SUNMICRO SYSTEMS Common 866810104 523 34,050 SH DEFINED 1 34,050 0 0 SUNMICRO SYSTEMS Common 866810104 98 6,400 SH OTHER 1 6,400 0 0 SUSQUEHANNA BANC SHS Common 869099101 940 52,242 SH DEFINED 1 52,242 0 0 SUSQUEHANNA BANCSHARES INC Common 869099101 4,986 277,000 SH DEFINED 277,000 0 0 TARGET CORP Common 87612E106 1,256 34,825 SH DEFINED 1 34,825 0 0 TARGET CORP Common 87612E106 144 4,000 SH OTHER 1 4,000 0 0 TELLABS INC Common 879664100 683 16,775 SH DEFINED 1 16,775 0 0 TELLABS INC Common 879664100 16 400 SH OTHER 1 400 0 0 TEXACO INC Common 881694103 239 3,600 SH DEFINED 1 3,600 0 0 TEXACO INC Common 881694103 13 200 SH OTHER 1 200 0 0 TEXAS INSTRUMENTS INC Common 882508104 523 16,875 SH DEFINED 1 16,875 0 0 TEXAS INSTRUMENTS INC Common 882508104 56 1,800 SH OTHER 1 1,800 0 0 TYCO INTERNATIONAL LTD Common 902124106 510 11,800 SH DEFINED 1 11,800 0 0 TYCO INTERNATIONAL LTD Common 902124106 11 250 SH OTHER 1 250 0 0 UNITED TECH CORP Common 913017109 346 4,725 SH DEFINED 1 4,725 0 0 UPSIDE DEVELOPMENT INC Common 91673P109 5 60,000 SH DEFINED 1 60,000 0 0 VERIZON COMMUNICATIONS Common 92343V104 3,119 63,272 SH DEFINED 1 63,272 0 0 VERIZON COMMUNICATIONS Common 92343V104 1,757 35,646 SH OTHER 1 30,974 4,672 0 VIACOM INC. NEW Common 925524308 203 4,615 SH DEFINED 1 4,615 0 0 VIACOM INC. NEW Common 925524308 13 304 SH OTHER 1 304 0 0 VIRAGEN INC Common 927638106 13 10,000 SH DEFINED 1 10,000 0 0 VODAFONE GROUP PLC NEW Common 92857W100 125 4,605 SH DEFINED 1 4,605 0 0 VODAFONE GROUP PLC NEW Common 92857W100 231 8,500 SH OTHER 1 8,500 0 0 WACHOVIA CORP Common 929771103 304 5,051 SH DEFINED 1 5,051 0 0 WAL-MART STORES INC Common 931142103 287 5,686 SH DEFINED 1 5,686 0 0 WAL-MART STORES INC Common 931142103 20 400 SH OTHER 1 400 0 0 WELLS FARGO & CO Common 949746101 908 18,345 SH DEFINED 1 18,345 0 0 WELLS FARGO & CO Common 949746101 84 1,700 SH OTHER 1 1,700 0 0 WORLDCOM INC Common 98157D106 484 25,884 SH DEFINED 1 25,884 0 0 WORLDCOM INC Common 98157D106 5 250 SH OTHER 1 250 0 0 GRAND TOTALS 145,671