SBA lender profile
First Commonwealth Bank
First Commonwealth Bank appears in the public SBA loan data with 1,085 funded 7(a) loans totaling $785.3M, an average of $724K per loan, and an estimated 16,550 jobs supported. Its SBA lending concentrates in Pennsylvania and the Manufacturing sector. Across all of its loans in the data, its charge-off rate is 0.4%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
1,085
Total volume
$785.3M
Average loan size
$724K
Charge-off rate
0.4%
Share of funded loans charged off
Jobs supported (reported)
16,550
Programs
7(a)
Bank profile
via FDIC- Total assets
- $62M
- Headquarters
- Wise, VA
- FDIC cert
- #24682
- Status
- Inactive
Where First Commonwealth Bank lends
Top states by funded SBA volume.
What First Commonwealth Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 158 | $145.9M |
| Other Services | 123 | $106.5M |
| Construction | 141 | $93.6M |
| Accommodation and Food Services | 145 | $85.0M |
| Retail Trade | 83 | $69.0M |
| Professional and Technical Services | 88 | $47.4M |
First Commonwealth Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 128 | $81.5M |
| 2021 | 170 | $126.6M |
| 2022 | 167 | $137.8M |
| 2023 | 166 | $143.3M |
| 2024 | 164 | $115.2M |
| 2025 | 218 | $132.8M |
| 2026 | 72 | $48.1M |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of First Commonwealth Bank's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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