Good day, ladies and gentlemen, and thank you for standing by, and welcome to the First Commonwealth Financial Third Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we’ll conduct a question-and-answer session and instructions will be given at that time. (Operator Instructions) As a reminder, today’s conference is being recorded. It’s now my pleasure to turn the floor over to Rich Stimel. Sir, the floor is yours.

Thank you. As a reminder, a copy of today’s earnings release can be accessed by logging on to fcbanking.com and selecting the Investor Relations link at the top of the page. We’ve also included a slide presentation on our Investor Relations page with supplemental financial information that will be referenced throughout today’s call. With me in the room today are Mike Price, President and CEO of First Commonwealth Financial Corporation; Bob Rout, Executive Vice President and Chief Financial Officer; and Bob Emmerich, our Chief Credit Officer. After brief comments from management, we’ll open the call to your questions. Before we begin, I would like to caution listeners that, this conference call will contain forward-looking statements about First Commonwealth, its business, strategies, and prospects. Please refer to our forward-looking statements disclaimer on page two of the slide presentation for a description of risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. And now, I’d like to turn the call over to Mike Price.

Hey, Thanks, Rich, and good afternoon, everyone, and thank you for joining us on today’s call. The third quarter was a solid quarter in terms of our performance with earnings per share of $0.16. Our results were driven by lower provision expense, $1 million recovery from OREO property that sold this quarter, early repayment of TruP securities and ongoing traction with expenses. Encouragingly and despite some one-time events, the third quarter illuminates the path to better overall financial performance as ROA for the quarter percolated to over 1% and efficiency for the quarter dropped to 61.5%. There is still a lot of work to be done, but our efforts are moving us in the right direction, and let me just pull from three of our five key strategic themes that I’ve shared with you in the past. Number one, clearly putting credit behind us and ensuring it becomes a source of strategic advantage; number two, becoming markedly more efficient as part of our operating excellence initiative; and three, delivering authentic community bank experience for our clients and leveraging our brands to create top line revenue growth. As a result, Bob won’t be providing a detailed credit update, but he is here to speak to any credit related questions you may have. That said, I would like to take a moment to address our credit trends, given their relevance to improve performance going forward. Key credit metric such as delinquencies, non-performing loans, OREO properties, commitments of $15 million or greater, our watch loans, criticized loans, and classified loans are either at or near five-year lows. NPLs as a percentage of total loans have fallen from 1.73% in the second quarter of this year to 1.68% in the third quarter. And that’s down from a high of 3.2% in December of 2009.…

Thank you, Mike, and thank you all as well for joining us today. As Mike mentioned, we had a good quarter with $0.15 earnings per share as compared to $0.09 in the third quarter of last year. Contributing to this quarter’s performance, there is a couple of unusual, but positive issues. The first thing, $1 million recovery on our Western Pennsylvania commercial real estate owned property that we’ve had on the books now for several years. The other issues was $1 million recovery on a trust preferred pools have paid down substantially during the quarter. These two issues in combination with lower credit related costs and our stock buyback program were the primary drivers that have improved earnings per share performance this quarter. Our net interest margin benefited from the TruP impairment recovery by accelerating $1 million of above normal impairment recreation that added approximately 8 basis points to our net interest margin for the quarter, stripping out that effect, our net interest margin was stable compared to the linked quarter. Loan growth was modest this quarter, which is slightly over $10 million as compared to the linked quarter. Certainly, our credit cleanup activities will have an effect on that number, but we’re also being very disciplined on new line structure as competitive pressures continue to build within an asset start of the industry. Provision expense was $2.7 million for the quarter. We like the trends we are seeing with the non-performing net charge-offs, criticized, and classified asset metrics. The deep cause of these measures that are presented in the conference call that was provided through this call. In addition as Mike mentioned, we do have Bob Emmerich, our Chief Credit Officer available with us today to address any specific questions. Non-interest income was $17.1 million for the quarter. In that number, there is $1 million recovery for the OREO property that was sold. That property was the third processing plant in Northern Pennsylvania, there has been a problem for a long time, and we’re happy to see it finally get resolved. Also affecting non-interest income this quarter is a $229,000 gain representing the sale of one of our last holdings in bank equities. , : We will begin recognizing the accelerated depreciation for data processing hardware and software in the fourth quarter of 2013 through the anticipated conversion date. The early termination charges on existing contracts as well as staffing and employment charges will be recognized in the quarter in which they occur. We expect to start benefiting from the $6 million to $8 million projected annual non-interest expense improvement truly after the conversion date. Last item that I want to share with you is the – we usually get a question on our effective tax rate and that was currently 26% at the end of the third quarter. So with that overview, we would be happy to address any questions.

Thank you, sir. (Operator Instructions) And it looks like our first question will come from the line of Bob Ramsey with FBR. Please go ahead. Your line is now open.

Hey Bob. Robert H. Ramsey – FBR Capital Markets: Good afternoon. I guess I wanted first to ask a question about the systems conversion. I mean obviously it sounds like a lot of opportunity there. How quickly do those annualized cost savings get implemented after the conversion? And is it possible if you guys are running out an expense rate today, a little bit north of $40 million did by 4Q, 2014 or 1Q, 2015 that number could be more or like $38.5 million or is there other sort of organic expense growth between here and there to keep in mind.

Bob that’s what we are shooting for, really to ring it out at the conclusion of the project and in the ensuing quarters immediately thereafter the conversion. Robert H. Ramsey – FBR Capital Markets: Okay, great.

The full impact will be in – obviously in 2015. Robert H. Ramsey – FBR Capital Markets: Great. And then, I also wanted to talk a little bit about your net interest margin. I get the securities benefit that you guys had in the quarter, but you striped that out in your margin still was very stable this quarter, which is a positive development. I’m curious if you think you can sort of stay in the same sort of range on a go forward basis and maybe what it was and sort of help support the margin here this quarter.

I think just a couple of things and then I’ll turn it over to Bob, it’s just I think we have done a good job with our cost with interest bearing liabilities and we continue to kind of ring out there. That created a little bit of a cushion. Our real challenge has been our GAAP on our loans and our duration there that – Bob other thought.

Hi Bob, it’s Bob Rout. Now, we are pleased with the stabilized quarter-to-quarter margin adjusted for that non-recurring issue with the trust preferred portfolio. As Mike said, we continue to squeeze down costs in our fundings. The growth in DDA balances has been very helpful as well. With the rise in intermediate term interest rates over the last quarter or so, we’re starting to see the re-investment rates on our investment portfolios stabilized, and the real challenge is only on with loan prices. Most of our portfolio is a variable rate portfolio, commercial loans, and we feel that short-term rates start going up. And until we see some rise and yields on new loans, I think we are going to have some continued pressure in 2014 on that net interest margin. Robert H. Ramsey – FBR Capital Markets: Okay. Looking at loan yields, they were only down a basis point this quarter, which is a much slower pace of sort of decline that we’ve seen in recent quarters. Is that just sort of the way the quarters look out or are you guys seeing less pressure in maybe some of the higher yielding stuff has sort of already moved off the books, I’m just kind of curious how that stayed as strong as it did.

I think there is still pressure there. I think our volume was a little light in terms of new loans booked in the third quarter. And we also see that as something we were as part of the composition of the net interest margin that we can improve and we’re lagging some of our peers. We’ll tell you about the loans. Robert H. Ramsey – FBR Capital Markets: Great, thank you guys. I’ll hop back out of the queue.

Thank you, sir. Our next questionnaire in queue will come from the line of Collyn Gilbert with KBW. Please go ahead. Your line is open. Collyn B. Gilbert – Keefe, Bruyette & Woods, Inc.: Thanks. Good afternoon, guys.

Hey Collyn. Collyn B. Gilbert - Keefe, Bruyette & Woods, Inc.: Just a follow-up on some of the big yield discussion. So I think to Bob’s point or even to your own point Mike that, your loan yield is lower than some of your peers, but maybe it seems if that’s a function or the fact that more of your portfolio is priced off of LIBOR and prime, or maybe the direct question is how much of your loan book is priced off of that been of the very, very short end of the curve?

I think I shared that before, it’s over $1 billion. Collyn B. Gilbert – Keefe, Bruyette & Woods, Inc.: Okay, okay. And the loan origination yield is of the kind of what you saw in this quarter. Do you have a number for that?

I do and I think I’ve shared that number with you in the past and with a great report. And I can start right in front of you, but somebody is going to hand it to me more momentarily. Collyn B. Gilbert - Keefe, Bruyette & Woods, Inc.: Okay.

Yes, I’ll go ahead and I’ll take your next question. Collyn B. Gilbert - Keefe, Bruyette & Woods, Inc.: Okay. Okay, and just thinking about the credit recovery, I mean, it was meaningful certainly obviously this quarter, where do you think you stand now in terms of your outlook, in terms of maybe your reserve target. Are you thinking that now you’ve gotten the balance sheet to the point where net charge-off could continue to run at this sub 50 basis point level or just how should we sort of think about kind of credit trends from here?

I would just pick up on your last point, I mean, we certainly feel like it could run at the sub 50-basis point level and I think that’s a good place to start. And to your question on loan yields that is, I’d love to look at the most recent quarter and month versus kind of a rolling 12-month average and see where the pressure is. And this new volume rates are well actually it’s still down a little bit versus the 12-month average, 12-month average for us blended consumer and commercials about 343, and we’ve been slightly below that over the last three months. So it’s just still a little downward pressure. Collyn B. Gilbert - Keefe, Bruyette & Woods, Inc.: Okay. Okay and then just on the reserve, do you guys have a reserve to loans target in mind?

We do not. Collyn B. Gilbert - Keefe, Bruyette & Woods, Inc.: Okay. Okay, that was it. Thanks, guys.

Thank you.

(Operator Instructions) Our next questionnaire in queue will come from the line of Matthew Breese with Sterne Agee. Please go ahead. Your line is open. Matthew Breese – Sterne, Agee & Leach, Inc.: Good afternoon, guys.

Hey Matt. Matthew Breese – Sterne, Agee & Leach, Inc.: Just on the fee income front specifically service charges and deposits, there is a sharp uptick this quarter and I just wanted to get some color around that and what’s going on there?

Yeah, I think it’s really the combination of – we’ve just put on a lot of households over the course of the last few years. And I think you’re also seeing the same phenomenon in the interchange income. Now with interchange income, I do think we are seeing the average swipe with our debit card has improved a little bit as well. Matthew Breese – Sterne, Agee & Leach, Inc.: Okay. So there is nothing seasonal about what we saw this quarter or one-time it’s really you feel like that’s a good run rate from here.

Yes, I don’t think so. Matthew Breese – Sterne, Agee & Leach, Inc.: Okay. And then as it relates to the conversion costs, how will that $12 million be spread out. Is it going to be front-loaded in fourth quarter and then kind of trickle through the next two or three quarters or is it going to be evenly spread out?

I think Bob has done a lot of work and he can handle that.

Matthew Breese – Sterne, Agee & Leach, Inc.: Okay. And then to be clear on overall expenses, so looking out once the conversion is done, we are in the 2015 or so, the annual rate will be around 160, if that’s the bogey, I’m trying to understand you guys want to in fact beat that bogey correct?

Yes. Matthew Breese – Sterne, Agee & Leach, Inc.: Okay. That’s all I had. Thank you, guys.

Thank you.

Thank you, sir. (Operator Instructions) Presenters, there appears to be no additional questionnaires in the phone queue. I’d like to turn the program back over to Mr. Mike Price for any additional or closing remarks.

Just a few, thank you, operator. Just I think, I’m out and about, and with a number of you over the course of the next quarter, I really look forward to that and we just appreciate your interest in our company. Thank you very much.

Thank you presenters, and thank you ladies and gentlemen. Again, this does conclude today’s call. Thank you for your participation and have a wonderful day. You may now all disconnect.