content_image/93639.jpg content_image/93647.jpg content_image/93646.jpg content_image/93645.jpg content_image/93644.jpg content_image/93640.jpg content_image/93641.jpg content_image/93642.jpg content_image/93643.jpg
## NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 

(Dollar Amounts in Thousands) 

NOTE 20— Retirement Plans (continued) 

## Pension Plan of Acquired Subsidiary (continued) 

Net periodic pension cost of this plan for each of the last three years was as follows: 

<img src='content_image/93639.jpg'>

The following table sets forth the plan’ s funded status and the amounts recognized on the Corporation’ s Consolidated Balance Sheet as of December 31: 

<img src='content_image/93647.jpg'>

The following table sets forth the change in benefit obligation: 

<img src='content_image/93646.jpg'>

The following table sets forth the change in plan assets: 

<img src='content_image/93645.jpg'>

Assumptions used in determining the actuarial present value of the projected benefit obligation were as follows at December 31: 

<img src='content_image/93644.jpg'>

## Postretirement Benefits other than Pensions for Acquired Subsidiary 

Employees of Southwest were covered by a postretirement benefit plan. 

Net periodic benefit cost of this plan was as follows: 

<img src='content_image/93640.jpg'>

The following table sets forth the plan’ s funded status and the amounts recognized on the Corporation’ s Consolidated Balance Sheet as of December 31: 

<img src='content_image/93641.jpg'>

The following table sets forth the change in benefit obligation: 

<img src='content_image/93642.jpg'>

The discount rate used in determining the actuarial present value of the accumulated postretirement benefit obligation was 6.75% for 2001 and 2000. The health care cost trend rates used for 2001 and 2000 were projected at an initial rate of 6.75% decreasing over time to an annual rate of 4.25% for indemnity plan participants and an initial rate of 6.00% decreasing over time to an annual rate of 4.00% for non- indemnity plan participants. 

The health care cost trend rate assumption can have a significant impact on the amounts reported for this plan. A one-percentage-point change in assumed health care cost trend rates would have the following effects: 

<img src='content_image/93643.jpg'>

NOTE 21— Unearned ESOP Shares 

The Corporation had borrowed amounts which were concurrently loaned to the First Commonwealth Financial Corporation Employee Stock Ownership Plan Trust 

