|   |
|---|
|   |  |
| x | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |

|        |
|--------|
|        |  |
| ¨ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |

|                                          |
|------------------------------------------|
|                                          |  |  |
| Pennsylvania                             |   | 25-1428528 |
| (State or other jurisdiction of          |   | (I.R.S. Employer |
| incorporation or organization)           |   | Identification No.) |
|                                     |   |   |
| 601 Philadelphia Street, Indiana, PA     |   | 15701 |
| (Address of principal executive offices) |   | (Zip Code) |

----

Table of Contents

|               |
|---------------|
|               |  |  |
|          |   | PAGE |
|          |   |   |
| PART I.  | Financial Information |   |
|          |   |   |
| ITEM 1.  | Financial Statements and Supplementary Data |   |
|          |   |   |
|          | Included in Part I of this report: |   |
|          |   |   |
|          | First Commonwealth Financial Corporation and Subsidiaries |   |
|          |   |   |
|          | Condensed Consolidated Statements of Financial Condition (Unaudited) | 3 |
|          | Condensed Consolidated Statements of Income (Unaudited) | 4 |
|          | Condensed Consolidated Statements of Comprehensive (Loss) Income (Unaudited) | 5 |
|          | Condensed Consolidated Statements of Changes in Shareholders’ Equity (Unaudited) | 6 |
|          | Condensed Consolidated Statements of Cash Flows (Unaudited) | 7 |
|          | Notes to Unaudited Condensed Consolidated Financial Statements | 8 |
|          |   |   |
| ITEM 2.  | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 38 |
|          |   |   |
| ITEM 3.  | Quantitative and Qualitative Disclosures About Market Risk | 58 |
|          |   |   |
| ITEM 4.  | Controls and Procedures | 58 |
|          |   |   |
| PART II. | Other Information |   |
|          |   |   |
| ITEM 1.  | Legal Proceedings | 59 |
|          |   |   |
| ITEM 1A. | Risk Factors | 59 |
|          |   |   |
| ITEM 2.  | Unregistered Sales of Equity Securities and Use of Proceeds | 60 |
|          |   |   |
| ITEM 3.  | Defaults Upon Senior Securities | 60 |
|          |   |   |
| ITEM 4.  | Mine Safety Disclosures | 60 |
|          |   |   |
| ITEM 5.  | Other Information | 60 |
|          |   |   |
| ITEM 6.  | Exhibits | 61 |
|          |   |   |
|          | Signatures | 62 |

----

Table of Contents

|                                                                                                                                                                                                                                                        |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                        |  |  |  |  |  |  |  |
|                                                                                                                                                                                                                                                   | September 30, 2013 |   | December 31, 2012 |
|                                                                                                                                                                                                                                                   | (dollars in thousands,except share data) |
| Assets                                                                                                                                                                                                                                                 |   |   |   |
| Cash and due from banks                                                                                                                                                                                                                                | $ | 88,179 |  |   | $ | 98,724 |  |
| Interest-bearing bank deposits                                                                                                                                                                                                                         | 5,077 |  |   | 4,258 |  |
| Securities available for sale, at fair value                                                                                                                                                                                                           | 1,291,063 |  |   | 1,171,303 |  |
| Other investments                                                                                                                                                                                                                                      | 33,704 |  |   | 28,228 |  |
| Loans:                                                                                                                                                                                                                                                 |   |   |   |
| Portfolio loans                                                                                                                                                                                                                                        | 4,240,004 |  |   | 4,204,704 |  |
| Allowance for credit losses                                                                                                                                                                                                                            | (54,957 | ) |   | (67,187 | ) |
| Net loans                                                                                                                                                                                                                                              | 4,185,047 |  |   | 4,137,517 |  |
| Premises and equipment, net                                                                                                                                                                                                                            | 67,050 |  |   | 68,970 |  |
| Other real estate owned                                                                                                                                                                                                                                | 9,656 |  |   | 11,262 |  |
| Goodwill                                                                                                                                                                                                                                               | 159,956 |  |   | 159,956 |  |
| Amortizing intangibles, net                                                                                                                                                                                                                            | 1,527 |  |   | 2,375 |  |
| Bank owned life insurance                                                                                                                                                                                                                              | 173,052 |  |   | 170,925 |  |
| Other assets                                                                                                                                                                                                                                           | 136,651 |  |   | 141,872 |  |
| Total assets                                                                                                                                                                                                                                           | $ | 6,150,962 |  |   | $ | 5,995,390 |  |
| Liabilities                                                                                                                                                                                                                                            |   |   |   |
| Deposits (all domestic):                                                                                                                                                                                                                               |   |   |   |
| Noninterest-bearing                                                                                                                                                                                                                                    | $ | 908,436 |  |   | $ | 883,269 |  |
| Interest-bearing                                                                                                                                                                                                                                       | 3,709,365 |  |   | 3,674,612 |  |
| Total deposits                                                                                                                                                                                                                                         | 4,617,801 |  |   | 4,557,881 |  |
| Short-term borrowings                                                                                                                                                                                                                                  | 551,628 |  |   | 356,227 |  |
| Subordinated debentures                                                                                                                                                                                                                                | 72,167 |  |   | 105,750 |  |
| Other long-term debt                                                                                                                                                                                                                                   | 144,501 |  |   | 174,471 |  |
| Total long-term debt                                                                                                                                                                                                                                   | 216,668 |  |   | 280,221 |  |
| Other liabilities                                                                                                                                                                                                                                      | 53,509 |  |   | 55,054 |  |
| Total liabilities                                                                                                                                                                                                                                      | 5,439,606 |  |   | 5,249,383 |  |
| Shareholders’ Equity                                                                                                                                                                                                                             |   |   |   |
| Preferred stock, $1 par value per share, 3,000,000 shares authorized, none issued                                                                                                                                                                      | — |  |   | — |  |
| Common stock, $1 par value per share, 200,000,000 shares authorized; 105,563,455 shares issued at September 30, 2013 and December 31, 2012, and 95,544,765 and 99,629,494 shares outstanding at September 30, 2013 and December 31, 2012, respectively | 105,563 |  |   | 105,563 |  |
| Additional paid-in capital                                                                                                                                                                                                                             | 365,338 |  |   | 365,354 |  |
| Retained earnings                                                                                                                                                                                                                                      | 331,203 |  |   | 315,608 |  |
| Accumulated other comprehensive (loss) income, net                                                                                                                                                                                                     | (19,469 | ) |   | 1,259 |  |
| Treasury stock (10,018,690 and 5,933,961 shares at September 30, 2013 and December 31, 2012, respectively)                                                                                                                                             | (71,279 | ) |   | (41,777 | ) |
| Total shareholders’ equity                                                                                                                                                                                                                       | 711,356 |  |   | 746,007 |  |
| Total liabilities and shareholders’ equity                                                                                                                                                                                                       | $ | 6,150,962 |  |   | $ | 5,995,390 |  |

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Table of Contents

|                                                                                                           |
|-----------------------------------------------------------------------------------------------------------|
|                                                                                                           |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                                      | For the Three-Months Ended |   | For the Nine-Months Ended |
|                                                                                                      | September 30, |   | September 30, |
|                                                                                                      | 2013 |   | 2012 |   | 2013 |   | 2012 |
|                                                                                                      | (dollars in thousands, except share data) |
| Interest Income                                                                                           |   |   |   |   |   |   |   |
| Interest and fees on loans                                                                                | $ | 43,935 |  |   | $ | 46,339 |  |   | $ | 132,178 |  |   | $ | 140,787 |  |
| Interest and dividends on investments:                                                                    |   |   |   |   |   |   |   |
| Taxable interest                                                                                          | 8,280 |  |   | 7,520 |  |   | 22,708 |  |   | 24,348 |  |
| Interest exempt from federal income taxes                                                                 | 1 |  |   | 1 |  |   | 3 |  |   | 11 |  |
| Dividends                                                                                                 | 90 |  |   | 18 |  |   | 156 |  |   | 58 |  |
| Interest on bank deposits                                                                                 | 2 |  |   | 2 |  |   | 5 |  |   | 4 |  |
| Total interest income                                                                                     | 52,308 |  |   | 53,880 |  |   | 155,050 |  |   | 165,208 |  |
| Interest Expense                                                                                          |   |   |   |   |   |   |   |
| Interest on deposits                                                                                      | 3,750 |  |   | 5,054 |  |   | 11,948 |  |   | 16,944 |  |
| Interest on short-term borrowings                                                                         | 362 |  |   | 311 |  |   | 869 |  |   | 817 |  |
| Interest on subordinated debentures                                                                       | 584 |  |   | 1,424 |  |   | 2,548 |  |   | 4,279 |  |
| Interest on other long-term debt                                                                          | 383 |  |   | 441 |  |   | 1,340 |  |   | 1,430 |  |
| Total interest on long-term debt                                                                          | 967 |  |   | 1,865 |  |   | 3,888 |  |   | 5,709 |  |
| Total interest expense                                                                                    | 5,079 |  |   | 7,230 |  |   | 16,705 |  |   | 23,470 |  |
| Net Interest Income                                                                                       | 47,229 |  |   | 46,650 |  |   | 138,345 |  |   | 141,738 |  |
| Provision for credit losses                                                                               | 2,714 |  |   | 6,754 |  |   | 18,011 |  |   | 14,838 |  |
| Net Interest Income after Provision for Credit Losses                                                     | 44,515 |  |   | 39,896 |  |   | 120,334 |  |   | 126,900 |  |
| Noninterest Income                                                                                        |   |   |   |   |   |   |   |
| Changes in fair value on impaired securities                                                              | 236 |  |   | 1,374 |  |   | 4,941 |  |   | 1,549 |  |
| Non-credit related gains on securities not expected to be sold (recognized in other comprehensive income) | (236 | ) |   | (1,374 | ) |   | (4,941 | ) |   | (1,549 | ) |
| Net impairment losses                                                                                     | — |  |   | — |  |   | — |  |   | — |  |
| Net securities gains                                                                                      | 229 |  |   | 163 |  |   | 237 |  |   | 163 |  |
| Trust income                                                                                              | 1,406 |  |   | 1,631 |  |   | 4,677 |  |   | 4,780 |  |
| Service charges on deposit accounts                                                                       | 4,227 |  |   | 3,736 |  |   | 11,443 |  |   | 10,975 |  |
| Insurance and retail brokerage commissions                                                                | 1,822 |  |   | 1,844 |  |   | 4,623 |  |   | 4,938 |  |
| Income from bank owned life insurance                                                                     | 1,359 |  |   | 1,465 |  |   | 4,219 |  |   | 4,369 |  |
| Gain on sale of assets                                                                                    | 1,356 |  |   | 757 |  |   | 2,056 |  |   | 4,316 |  |
| Card related interchange income                                                                           | 3,536 |  |   | 3,260 |  |   | 10,214 |  |   | 9,659 |  |
| Joint venture termination fee                                                                             | — |  |   | 1,909 |  |   | — |  |   | 1,909 |  |
| Other income                                                                                              | 3,148 |  |   | 3,090 |  |   | 9,430 |  |   | 10,222 |  |
| Total noninterest income                                                                                  | 17,083 |  |   | 17,855 |  |   | 46,899 |  |   | 51,331 |  |
| Noninterest Expense                                                                                       |   |   |   |   |   |   |   |
| Salaries and employee benefits                                                                            | 20,998 |  |   | 21,280 |  |   | 64,288 |  |   | 65,401 |  |
| Net occupancy expense                                                                                     | 3,274 |  |   | 3,235 |  |   | 10,130 |  |   | 9,942 |  |
| Furniture and equipment expense                                                                           | 3,294 |  |   | 3,118 |  |   | 9,863 |  |   | 9,326 |  |
| Data processing expense                                                                                   | 1,492 |  |   | 1,987 |  |   | 4,511 |  |   | 5,346 |  |
| Pennsylvania shares tax expense                                                                           | 1,516 |  |   | 1,510 |  |   | 4,223 |  |   | 4,203 |  |
| Intangible amortization                                                                                   | 193 |  |   | 367 |  |   | 848 |  |   | 1,109 |  |
| Collection and repossession expense                                                                       | 860 |  |   | 1,281 |  |   | 2,862 |  |   | 4,650 |  |
| Other professional fees and services                                                                      | 878 |  |   | 1,028 |  |   | 2,795 |  |   | 3,167 |  |
| FDIC insurance                                                                                            | 1,178 |  |   | 1,258 |  |   | 3,312 |  |   | 3,757 |  |
| Loss on sale or write-down of assets                                                                      | 479 |  |   | 426 |  |   | 1,009 |  |   | 4,215 |  |
| Loss on redemption of subordinated debt                                                                   | — |  |   | — |  |   | 1,629 |  |   | — |  |
| Operational losses                                                                                        | 238 |  |   | 3,657 |  |   | 790 |  |   | 4,033 |  |
| Other operating expenses                                                                                  | 5,645 |  |   | 5,618 |  |   | 17,237 |  |   | 18,216 |  |
| Total noninterest expense                                                                                 | 40,045 |  |   | 44,765 |  |   | 123,497 |  |   | 133,365 |  |
| Income Before Income Taxes                                                                                | 21,553 |  |   | 12,986 |  |   | 43,736 |  |   | 44,866 |  |
| Income tax provision                                                                                      | 5,699 |  |   | 3,139 |  |   | 11,513 |  |   | 11,647 |  |
| Net Income                                                                                                | $ | 15,854 |  |   | $ | 9,847 |  |   | $ | 32,223 |  |   | $ | 33,219 |  |
| Average Shares Outstanding                                                                                | 96,194,594 |  |   | 104,080,025 |  |   | 97,671,343 |  |   | 104,593,125 |  |
| Average Shares Outstanding Assuming Dilution                                                              | 96,208,545 |  |   | 104,098,383 |  |   | 97,675,352 |  |   | 104,595,396 |  |
| Per Share Data:                                                                                           |   |   |   |   |   |   |   |
| Basic Earnings per Share                                                                                  | $ | 0.16 |  |   | $ | 0.09 |  |   | $ | 0.33 |  |   | $ | 0.32 |  |
| Diluted Earnings per Share                                                                                | $ | 0.16 |  |   | $ | 0.09 |  |   | $ | 0.33 |  |   | $ | 0.32 |  |
| Cash Dividends Declared per Common Share                                                                  | $ | 0.06 |  |   | $ | 0.05 |  |   | $ | 0.17 |  |   | $ | 0.13 |  |

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Table of Contents

|                                                                                    |
|------------------------------------------------------------------------------------|
|                                                                                    |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                               | For the Three-Months Ended |   | For the Nine-Months Ended |
|                                                                               | September 30, |   | September 30, |
|                                                                               | 2013 |   | 2012 |   | 2013 |   | 2012 |
|                                                                               | (dollars in thousands) |
| Net Income                                                                         | $ | 15,854 |  |   | $ | 9,847 |  |   | $ | 32,223 |  |   | $ | 33,219 |  |
| Other comprehensive (loss) income, before tax benefit (expense):                   |   |   |   |   |   |   |   |
| Unrealized holding (losses) gains on securities arising during the period          | (4,239 | ) |   | 2,068 |  |   | (36,585 | ) |   | 3,165 |  |
| Non-credit related gains on securities not expected to be sold                     | 236 |  |   | 1,374 |  |   | 4,941 |  |   | 1,549 |  |
| Less: reclassification adjustment for gains on securities included in net income   | (229 | ) |   | (163 | ) |   | (237 | ) |   | (163 | ) |
| Total other comprehensive (loss) income, before tax benefit (expense)              | (4,232 | ) |   | 3,279 |  |   | (31,881 | ) |   | 4,551 |  |
| Income tax benefit (expense) related to items of other comprehensive (loss) income | 1,485 |  |   | (1,146 | ) |   | 11,153 |  |   | (1,585 | ) |
| Total other comprehensive (loss) income                                            | (2,747 | ) |   | 2,133 |  |   | (20,728 | ) |   | 2,966 |  |
| Comprehensive Income                                                               | $ | 13,107 |  |   | $ | 11,980 |  |   | $ | 11,495 |  |   | $ | 36,185 |  |

----

Table of Contents

|                                                  |
|--------------------------------------------------|
|                                                  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                             | SharesOutstanding |   | CommonStock |   | AdditionalPaid-in-Capital |   | RetainedEarnings |   | AccumulatedOtherComprehensiveIncome (Loss),net |   | TreasuryStock |   | UnearnedESOPShares |   | TotalShareholders’Equity |
|                                             | (dollars in thousands, except per share data) |
| Balance at December 31, 2012                | 99,629,494 |  |   | $ | 105,563 |  |   | $ | 365,354 |  |   | $ | 315,608 |  |   | $ | 1,259 |  |   | $ | (41,777 | ) |   | $ | — |  |   | $ | 746,007 |  |
| Net income                                       |   |   |   |   |   |   | 32,223 |  |   |   |   |   |   |   |   | 32,223 |  |
| Other comprehensive loss                         |   |   |   |   |   |   |   |   | (20,728 | ) |   |   |   |   |   | (20,728 | ) |
| Cash dividends declared ($0.17 per share)        |   |   |   |   |   |   | (16,630 | ) |   |   |   |   |   |   |   | (16,630 | ) |
| Discount on dividend reinvestment plan purchases |   |   |   |   | (84 | ) |   |   |   |   |   |   |   |   |   | (84 | ) |
| Treasury stock acquired                          | (4,168,088 | ) |   |   |   |   |   |   |   |   |   | (30,001 | ) |   |   |   | (30,001 | ) |
| Treasury stock reissued                          | 25,359 |  |   |   |   |  |  |   | — |  |   |   |   | 176 |  |   |   |   | 176 |  |
| Restricted stock                                 | 58,000 |  |   | — |  |   | 68 |  |   | 2 |  |   |   |   | 323 |  |   |   |   | 393 |  |
| Balance at September 30, 2013               | 95,544,765 |  |   | $ | 105,563 |  |   | $ | 365,338 |  |   | $ | 331,203 |  |   | $ | (19,469 | ) |   | $ | (71,279 | ) |   | $ | — |  |   | $ | 711,356 |  |

|                                                                   |
|-------------------------------------------------------------------|
|                                                                   |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                              | SharesOutstanding |   | CommonStock |   | AdditionalPaid-in-Capital |   | RetainedEarnings |   | AccumulatedOtherComprehensiveIncome (Loss),net |   | TreasuryStock |   | UnearnedESOPShares |   | TotalShareholders’Equity |
|                                                              | (dollars in thousands, except per share data) |
| Balance at December 31, 2011                                 | 104,916,994 |  |   | $ | 105,563 |  |   | $ | 365,868 |  |   | $ | 294,056 |  |   | $ | 2,001 |  |   | $ | (7,345 | ) |   | $ | (1,600 | ) |   | $ | 758,543 |  |
| Net income                                                        |   |   |   |   |   |   | 33,219 |  |   |   |   |   |   |   |   | 33,219 |  |
| Other comprehensive income                                        |   |   |   |   |   |   |   |   | 2,966 |  |   |   |   |   |   | 2,966 |  |
| Cash dividends declared ($0.13 per share)                         |   |   |   |   |   |   | (13,633 | ) |   |   |   |   |   |   |   | (13,633 | ) |
| Net decrease in unearned ESOP shares                              |   |   |   |   |   |   |   |   |   |   |   |   | 1,500 |  |   | 1,500 |  |
| ESOP market value adjustment ($685, net of $240 tax benefit) |   |   |   |   | (445 | ) |   |   |   |   |   |   |   |   |   | (445 | ) |
| Discount on dividend reinvestment plan purchases                  |   |   |   |   | (67 | ) |   |   |   |   |   |   |   |   |   | (67 | ) |
| Tax benefit of stock options exercised                            |   |   |   |   | 1 |  |   |   |   |   |   |   |   |   |   | 1 |  |
| Treasury stock acquired                                           | (1,342,517 | ) |   |   |   |   |   |   |   |   |   | (9,112 | ) |   |   |   | (9,112 | ) |
| Treasury stock reissued                                           | 95,552 |  |   |   |   | — |  |   | (329 | ) |   |   |   | 946 |  |   |   |   | 617 |  |
| Restricted stock                                                  | 220,000 |  |   | — |  |   | 37 |  |   | (1,264 | ) |   |   |   | 1,529 |  |   |   |   | 302 |  |
| Balance at September 30, 2012                                | 103,890,029 |  |   | $ | 105,563 |  |   | $ | 365,394 |  |   | $ | 312,049 |  |   | $ | 4,967 |  |   | $ | (13,982 | ) |   | $ | (100 | ) |   | $ | 773,891 |  |

----

Table of Contents

|                                                                                  |
|----------------------------------------------------------------------------------|
|                                                                                  |  |  |  |  |  |  |  |
|                                                                             | For the Nine-Months Ended |
|                                                                             | September 30, |
|                                                                             | 2013 |   | 2012 |
|                                                                             | (dollars in thousands) |
| Operating Activities                                                             |   |   |   |
| Net income                                                                       | $ | 32,223 |  |   | $ | 33,219 |  |
| Adjustment to reconcile net income to net cash provided by operating activities: |   |   |   |
| Provision for credit losses                                                      | 18,011 |  |   | 14,838 |  |
| Deferred tax expense                                                             | 9,441 |  |   | 2,507 |  |
| Depreciation and amortization                                                    | 6,899 |  |   | 5,736 |  |
| Net gains on securities and other assets                                         | (892 | ) |   | (1,392 | ) |
| Net amortization of premiums and discounts on securities                         | 278 |  |   | 1,075 |  |
| Net amortization of premiums and discounts on long term debt                     | (88 | ) |   | (84 | ) |
| Income from increase in cash surrender value of bank owned life insurance        | (4,219 | ) |   | (4,369 | ) |
| Decrease in interest receivable                                                  | 1,807 |  |   | 1,426 |  |
| Decrease in interest payable                                                     | (1,297 | ) |   | (2,087 | ) |
| (Decrease) increase in income taxes payable                                      | (1,093 | ) |   | 6,294 |  |
| Decrease in prepaid FDIC insurance                                               | 9,205 |  |   | 3,500 |  |
| Other-net                                                                        | (2,434 | ) |   | (6,067 | ) |
| Net cash provided by operating activities                                        | 67,841 |  |   | 54,596 |  |
| Investing Activities                                                             |   |   |   |
| Transactions with securities available for sale:                                 |   |   |   |
| Proceeds from sales                                                              | 671 |  |   | — |  |
| Proceeds from maturities and redemptions                                         | 258,097 |  |   | 410,909 |  |
| Purchases                                                                        | (410,435 | ) |   | (395,337 | ) |
| Purchases of FHLB stock                                                          | (15,378 | ) |   | — |  |
| Proceeds from the redemption of FHLB stock                                       | 9,902 |  |   | 7,317 |  |
| Proceeds from bank owned life insurance                                          | 2,092 |  |   | 2,071 |  |
| Proceeds from sale of loans                                                      | 20,760 |  |   | 15,981 |  |
| Proceeds from sales of other assets                                              | 10,880 |  |   | 15,301 |  |
| Net increase in loans                                                            | (94,250 | ) |   | (185,018 | ) |
| Purchases of premises and equipment                                              | (4,576 | ) |   | (6,468 | ) |
| Net cash used in investing activities                                            | (222,237 | ) |   | (135,244 | ) |
| Financing Activities                                                             |   |   |   |
| Net decrease in federal funds purchased                                          | (23,000 | ) |   | (54,800 | ) |
| Net increase in other short-term borrowings                                      | 218,401 |  |   | 203,792 |  |
| Net increase (decrease) in deposits                                              | 59,945 |  |   | (10,206 | ) |
| Repayments of other long-term debt                                               | (29,883 | ) |   | (25,358 | ) |
| Repayments of subordinated debentures                                            | (34,702 | ) |   | — |  |
| Discount on dividend reinvestment plan purchases                                 | (84 | ) |   | (67 | ) |
| Dividends paid                                                                   | (16,630 | ) |   | (13,633 | ) |
| Proceeds from reissuance of treasury stock                                       | 176 |  |   | 617 |  |
| Purchase of treasury stock                                                       | (29,553 | ) |   | (9,112 | ) |
| Stock option tax benefit                                                         | — |  |   | 1 |  |
| Net cash provided by financing activities                                        | 144,670 |  |   | 91,234 |  |
| Net (decrease) increase in cash and cash equivalents                             | (9,726 | ) |   | 10,586 |  |
| Cash and cash equivalents at January 1                                      | 102,982 |  |   | 78,478 |  |
| Cash and cash equivalents at September 30                                   | $ | 93,256 |  |   | $ | 89,064 |  |

----

|                                                                            |
|----------------------------------------------------------------------------|
|                                                                            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                       | For the Nine-Months Ended September 30 |
|                                                                       | 2013 |   | 2012 |
|                                                                       | Pretax Amount |   | Tax (Expense) Benefit |   | Net of Tax Amount |   | Pretax Amount |   | Tax (Expense) Benefit |   | Net of Tax Amount |
|                                                                       | (dollars in thousands) |
| Unrealized (losses) gains on securities:                                   |   |   |   |   |   |   |   |   |   |   |   |
| Unrealized holding (losses) gains on securities arising during the period  | $ | (36,585 | ) |   | $ | 12,799 |  |   | $ | (23,786 | ) |   | $ | 3,165 |  |   | $ | (1,100 | ) |   | $ | 2,065 |  |
| Non-credit related gains on securities not expected to be sold             | 4,941 |  |   | (1,729 | ) |   | 3,212 |  |   | 1,549 |  |   | (542 | ) |   | 1,007 |  |
| Reclassification adjustment for gains on securities included in net income | (237 | ) |   | 83 |  |   | (154 | ) |   | (163 | ) |   | 57 |  |   | (106 | ) |
| Total unrealized (losses) gains on securities                              | (31,881 | ) |   | 11,153 |  |   | (20,728 | ) |   | 4,551 |  |   | (1,585 | ) |   | 2,966 |  |
| Total other comprehensive (loss) income                                    | $ | (31,881 | ) |   | $ | 11,153 |  |   | $ | (20,728 | ) |   | $ | 4,551 |  |   | $ | (1,585 | ) |   | $ | 2,966 |  |

|                                                                            |
|----------------------------------------------------------------------------|
|                                                                            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                       |   |   |   |   |   |   |   |   |   |   |   |
|                                                                       | For the Three-Months Ended September 30 |
|                                                                       | 2013 |   | 2012 |
|                                                                       | Pretax Amount |   | Tax (Expense) Benefit |   | Net of Tax Amount |   | Pretax Amount |   | Tax (Expense) Benefit |   | Net of Tax Amount |
|                                                                       | (dollars in thousands) |
| Unrealized (losses) gains on securities:                                   |   |   |   |   |   |   |   |   |   |   |   |
| Unrealized holding (losses) gains on securities arising during the period  | $ | (4,239 | ) |   | $ | 1,487 |  |   | $ | (2,752 | ) |   | $ | 2,068 |  |   | $ | (722 | ) |   | $ | 1,346 |  |
| Non-credit related gains on securities not expected to be sold             | 236 |  |   | (82 | ) |   | 154 |  |   | 1,374 |  |   | (481 | ) |   | 893 |  |
| Reclassification adjustment for gains on securities included in net income | (229 | ) |   | 80 |  |   | (149 | ) |   | (163 | ) |   | 57 |  |   | (106 | ) |
| Total unrealized (losses) gains on securities                              | (4,232 | ) |   | 1,485 |  |   | (2,747 | ) |   | 3,279 |  |   | (1,146 | ) |   | 2,133 |  |
| Total other comprehensive (loss) income                                    | $ | (4,232 | ) |   | $ | 1,485 |  |   | $ | (2,747 | ) |   | $ | 3,279 |  |   | $ | (1,146 | ) |   | $ | 2,133 |  |

----

|                                                                         |
|-------------------------------------------------------------------------|
|                                                                         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                    | 2013 |   | 2012 |
|                                                                    | Securities Available for Sale | Post-Retirement Obligation | Accumulated Other Comprehensive Income |   | Securities Available for Sale | Post-Retirement Obligation | Accumulated Other Comprehensive Income |
|                                                                    | (dollars in thousands) |
| Balance at December 31                                             | $ | 1,121 |  | $ | 138 |  | $ | 1,259 |  |   | $ | 1,669 |  | $ | 332 |  | $ | 2,001 |  |
| Other comprehensive (loss) income before reclassification adjustment    | (23,786 | ) | — |  | (23,786 | ) |   | 2,065 |  | — |  | 2,065 |  |
| Amounts reclassified from accumulated other comprehensive income (loss) | 3,058 |  | — |  | 3,058 |  |   | 901 |  | — |  | 901 |  |
| Net other comprehensive (loss) income during the period                 | (20,728 | ) | — |  | (20,728 | ) |   | 2,966 |  | — |  | 2,966 |  |
| Balance at September 30                                            | $ | (19,607 | ) | $ | 138 |  | $ | (19,469 | ) |   | $ | 4,635 |  | $ | 332 |  | $ | 4,967 |  |

|                                                                                       |
|---------------------------------------------------------------------------------------|
|                                                                                       |  |  |  |  |  |  |  |
|                                                                                  | 2013 |   | 2012 |
|                                                                                  | (dollars in thousands) |
| Cash paid during the period for:                                                      |   |   |   |
| Interest                                                                              | $ | 18,115 |  |   | $ | 25,685 |  |
| Income taxes                                                                          | 3,080 |  |   | 8,900 |  |
| Non-cash investing and financing activities:                                          |   |   |   |
| ESOP loan reductions                                                                  | $ | — |  |   | $ | 1,500 |  |
| Loans transferred to other real estate owned and repossessed assets                   | 8,847 |  |   | 4,053 |  |
| Loans transferred from held to maturity to held for sale                              | 20,135 |  |   | — |  |
| Gross (decrease) increase in market value adjustment to securities available for sale | (31,866 | ) |   | 4,529 |  |
| Unsettled treasury stock repurchases                                                  | 1,670 |  |   | — |  |

|                                                                                                          |
|----------------------------------------------------------------------------------------------------------|
|                                                                                                          |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                                     | For the Three-Months Ended September 30 |   | For the Nine-Months Ended September 30 |
|                                                                                                     | 2013 |   | 2012 |   | 2013 |   | 2012 |
| Weighted average common shares issued                                                                    | 105,563,455 |  |   | 105,563,455 |  |   | 105,563,455 |  |   | 105,563,455 |  |
| Average treasury shares                                                                                  | (9,184,715 | ) |   | (1,258,029 | ) |   | (7,715,455 | ) |   | (738,769 | ) |
| Averaged unearned ESOP shares                                                                            | — |  |   | (17,575 | ) |   | — |  |   | (50,790 | ) |
| Average unearned nonvested shares                                                                        | (184,146 | ) |   | (207,826 | ) |   | (176,657 | ) |   | (180,771 | ) |
| Weighted average common shares and common stock equivalents used to calculate basic earnings per share   | 96,194,594 |  |   | 104,080,025 |  |   | 97,671,343 |  |   | 104,593,125 |  |
| Additional common stock equivalents (nonvested stock) used to calculate diluted earnings per share       | 13,951 |  |   | 16,874 |  |   | 4,009 |  |   | 2,224 |  |
| Additional common stock equivalents (stock options) used to calculate diluted earnings per share         | — |  |   | 1,484 |  |   | — |  |   | 47 |  |
| Weighted average common shares and common stock equivalents used to calculate diluted earnings per share | 96,208,545 |  |   | 104,098,383 |  |   | 97,675,352 |  |   | 104,595,396 |  |

----

|                  |
|------------------|
|                  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|             | 2013 |   | 2012 |
|             |   |   | Price Range |   |   |   | Price Range |
|             | Shares |   | From |   | To |   | Shares |   | From |   | To |
| Stock Options    | 31,954 |  |   | $ | 10.46 |  |   | $ | 14.55 |  |   | 293,777 |  |   | $ | 6.90 |  |   | $ | 14.55 |  |
| Restricted Stock | 92,181 |  |   | 5.96 |  |   | 7.57 |  |   | 93,565 |  |   | 5.96 |  |   | 6.82 |  |

|                                                    |
|----------------------------------------------------|
|                                                    |  |  |  |  |  |  |  |
|                                               | September 30, 2013 |   | December 31, 2012 |
|                                               | (dollars in thousands) |
| Low Income Housing Limited Partnership Investments | $ | 239 |  |   | $ | 347 |  |

----

|                                                                     |
|---------------------------------------------------------------------|
|                                                                     |  |  |  |  |  |  |  |
|                                                                | September 30, 2013 |   | December 31, 2012 |
|                                                                | (dollars in thousands) |
| Financial instruments whose contract amounts represent credit risk: |   |   |   |
| Commitments to extend credit                                        | $ | 1,568,438 |  |   | $ | 1,506,618 |  |
| Financial standby letters of credit                                 | 40,245 |  |   | 47,185 |  |
| Performance standby letters of credit                               | 34,084 |  |   | 69,240 |  |
| Commercial letters of credit                                        | — |  |   | 685 |  |

----

|                                                        |
|--------------------------------------------------------|
|                                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                   | September 30, 2013 |   | December 31, 2012 |
|                                                   | AmortizedCost |   | GrossUnrealizedGains |   | GrossUnrealizedLosses |   | EstimatedFair Value |   | AmortizedCost |   | GrossUnrealizedGains |   | GrossUnrealizedLosses |   | EstimatedFair Value |
|                                                   | (dollars in thousands) |
| Obligations of U.S. Government Agencies:               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Mortgage-Backed Securities – Residential         | $ | 23,787 |  |   | $ | 2,680 |  |   | $ | (16 | ) |   | $ | 26,451 |  |   | $ | 27,883 |  |   | $ | 3,781 |  |   | $ | — |  |   | $ | 31,664 |  |
| Obligations of U.S. Government-Sponsored Enterprises:  |   |   |   |   |   |   |  |   |   |   |   |   |   |   |  |
| Mortgage-Backed Securities – Residential         | 972,347 |  |   | 14,144 |  |   | (22,258 | ) |   | 964,233 |  |   | 839,102 |  |   | 25,691 |  |   | (392 | ) |   | 864,401 |  |
| Mortgage-Backed Securities – Commercial          | 114 |  |   | 2 |  |   | — |  |   | 116 |  |   | 148 |  |   | 1 |  |   | — |  |   | 149 |  |
| Other Government-Sponsored Enterprises                 | 267,969 |  |   | 228 |  |   | (1,894 | ) |   | 266,303 |  |   | 241,970 |  |   | 766 |  |   | (72 | ) |   | 242,664 |  |
| Obligations of States and Political Subdivisions       | 81 |  |   | 1 |  |   | — |  |   | 82 |  |   | 82 |  |   | 4 |  |   | — |  |   | 86 |  |
| Corporate Securities                                   | 6,697 |  |   | 304 |  |   | — |  |   | 7,001 |  |   | 6,703 |  |   | 288 |  |   | — |  |   | 6,991 |  |
| Pooled Trust Preferred Collateralized Debt Obligations | 48,824 |  |   | 96 |  |   | (23,463 | ) |   | 25,457 |  |   | 51,866 |  |   | 3 |  |   | (28,496 | ) |   | 23,373 |  |
| Total Debt Securities                                  | 1,319,819 |  |   | 17,455 |  |   | (47,631 | ) |   | 1,289,643 |  |   | 1,167,754 |  |   | 30,534 |  |   | (28,960 | ) |   | 1,169,328 |  |
| Equities                                               | 1,420 |  |   | — |  |   | — |  |   | 1,420 |  |   | 1,859 |  |   | 116 |  |   | — |  |   | 1,975 |  |
| Total Securities Available for Sale                    | $ | 1,321,239 |  |   | $ | 17,455 |  |   | $ | (47,631 | ) |   | $ | 1,291,063 |  |   | $ | 1,169,613 |  |   | $ | 30,650 |  |   | $ | (28,960 | ) |   | $ | 1,171,303 |  |

----

|                                     |
|-------------------------------------|
|                                     |  |  |  |  |  |  |  |
|                                | AmortizedCost |   | EstimatedFair Value |
|                                | (dollars in thousands) |
| Due within 1 year                   | $ | 28,081 |  |   | $ | 28,215 |  |
| Due after 1 but within 5 years      | 239,969 |  |   | 238,170 |  |
| Due after 5 but within 10 years     | — |  |   | — |  |
| Due after 10 years                  | 55,521 |  |   | 32,458 |  |
|                                | 323,571 |  |   | 298,843 |  |
| Mortgage-Backed Securities (a) | 996,248 |  |   | 990,800 |  |
| Total Debt Securities               | $ | 1,319,819 |  |   | $ | 1,289,643 |  |

|     |                                                                                                                                                                                                                                                                                                                                                                    |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (a) | Mortgage Backed Securities include an amortized cost of $23.8 million and a fair value of $26.5 million for Obligations of U.S. Government agencies issued by Ginnie Mae and an amortized cost of $972.5 million and a fair value of $964.3 million for Obligations of U.S. Government-sponsored enterprises issued by Fannie Mae and Freddie Mac. |

|                                 |
|---------------------------------|
|                                 |  |  |  |  |  |  |  |
|                            | 2013 |   | 2012 |
|                            | (dollars in thousands) |
| Proceeds from sales             | $ | 671 |  |   | $ | — |  |
| Gross gains (losses) realized:  |   |   |   |
| Sales Transactions:             |   |   |   |
| Gross gains                     | $ | 233 |  |   | $ | — |  |
| Gross losses                    | — |  |   | — |  |
|                            | 233 |  |   | — |  |
| Maturities and impairment       |   |   |   |
| Gross gains                     | 4 |  |   | 163 |  |
| Gross losses                    | — |  |   | — |  |
| Other-than-temporary impairment | — |  |   | — |  |
|                            | 4 |  |   | 163 |  |
| Net gains and impairment        | $ | 237 |  |   | $ | 163 |  |

----

|         |                            |
|---------|----------------------------|
| • | its operating performance; |

|         |                                                                                                                |
|---------|----------------------------------------------------------------------------------------------------------------|
| • | the severity and duration of declines in the fair value of its net assets related to its capital stock amount; |

|         |                                                                                                                                        |
|---------|----------------------------------------------------------------------------------------------------------------------------------------|
| • | its commitment to make payments required by law or regulation and the level of such payments in relation to its operating performance; |

|         |                                                                                                            |
|---------|------------------------------------------------------------------------------------------------------------|
| • | the impact of legislative and regulatory changes on the FHLB, and accordingly, on the members of FHLB; and |

|         |                                     |
|---------|-------------------------------------|
| • | its liquidity and funding position. |

----

|                                                        |
|--------------------------------------------------------|
|                                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                   | Less Than 12 Months |   |   | 12 Months or More |   |   | Total |
|                                                   | EstimatedFair Value |   | GrossUnrealizedLosses |   |   | EstimatedFair Value |   | GrossUnrealizedLosses |   |   | EstimatedFair Value |   | GrossUnrealizedLosses |
|                                                   | (dollars in thousands) |
| Obligations of U.S. Government Agencies:               |   |   |   |  |   |   |   |   |  |   |   |   |   |
| Mortgage-Backed Securities – Residential         | $ | 2,092 |  |   | $ | (16 | ) |    |   | $ | — |  |   | $ | — |  |  |   | $ | 2,092 |  |   | $ | (16 | ) |
| Obligations of U.S. Government-Sponsored Enterprises:  |   |   |   |  |   |   |   |   |  |   |   |   |   |
| Mortgage-Backed Securities – Residential         | 580,232 |  |   | (22,258 | ) |  |   | — |  |   | — |  |  |   | 580,232 |  |   | (22,258 | ) |
| Other Government-Sponsored Enterprises                 | 183,075 |  |   | (1,894 | ) |  |   | — |  |   | — |  |  |   | 183,075 |  |   | (1,894 | ) |
| Pooled Trust Preferred Collateralized Debt Obligations | 34 |  |   | (23 | ) |    |   | 22,603 |  |   | (23,440 | ) |  |   | 22,637 |  |   | (23,463 | ) |
| Total Securities Available for Sale                    | $ | 765,433 |  |   | $ | (24,191 | ) |  |   | $ | 22,603 |  |   | $ | (23,440 | ) |  |   | $ | 788,036 |  |   | $ | (47,631 | ) |

|                                                        |
|--------------------------------------------------------|
|                                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                   | Less Than 12 Months |   |   | 12 Months or More |   |   | Total |
|                                                   | EstimatedFair Value |   | GrossUnrealizedLosses |   |   | EstimatedFair Value |   | GrossUnrealizedLosses |   |   | EstimatedFair Value |   | GrossUnrealizedLosses |
|                                                   | (dollars in thousands) |
| Obligations of U.S. Government Agencies:               |   |   |   |  |   |   |   |   |  |   |   |   |   |
| Mortgage-Backed Securities – Residential    | $ | — |  |   | $ | — |  |  |   | $ | 13 |  |   | $ | — |  | (a)  |   | $ | 13 |  |   | $ | — |  |
| Obligations of U.S. Government-Sponsored Enterprises:  |   |   |   |  |   |   |   |   |  |   |   |   |   |
| Mortgage-Backed Securities – Residential    | 76,296 |  |   | (392 | ) |  |   | 21 |  |   | — |  | (a) |   | 76,317 |  |   | (392 | ) |
| Other Government-Sponsored Enterprises                 | 59,303 |  |   | (72 | ) |  |   | — |  |   | — |  |    |   | 59,303 |  |   | (72 | ) |
| Pooled Trust Preferred Collateralized Debt Obligations | — |  |   | — |  |  |   | 23,316 |  |   | (28,496 | ) |  |   | 23,316 |  |   | (28,496 | ) |
| Total Securities Available for Sale                    | $ | 135,599 |  |   | $ | (464 | ) |  |   | $ | 23,350 |  |   | $ | (28,496 | ) |  |   | $ | 158,949 |  |   | $ | (28,960 | ) |

|     |                                                                                         |
|-----|-----------------------------------------------------------------------------------------|
| (a) | Gross unrealized losses related to these types of securities are less than $1 thousand. |

----

|                        |
|------------------------|
|                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Deal                   | Class |   | BookValue |   | Estimated FairValue |   | UnrealizedGain(Loss) |   | Moody’s/FitchRatings |   | NumberofBanks |   | DeferralsandDefaultsas a % ofCurrentCollateral |   | ExcessSubordinationas a % ofCurrentPerformingCollateral |   |
| (dollars in thousands) |   |
| Pre TSL I              | Senior |   | $ | 2 |  |   | $ | 2 |  |   | $ | — |  |   | Aa3/AAA |   | 9 |  |   | 33.33 | % |   | — | % | * |
| Pre TSL IV   | Mezzanine |   | 1,830 |  |   | 1,266 |  |   | (564 | ) |   | Caa2/B |   | 6 |  |   | 18.05 |  |   | 56.91 |  |   |
| Pre TSL V              | Mezzanine |   | 57 |  |   | 34 |  |   | (23 | ) |   | C/- |   | 3 |  |   | 100.00 |  |   | — |  |   |
| Pre TSL VII  | Mezzanine |   | 2,722 |  |   | 2,818 |  |   | 96 |  |   | Ca/C |   | 15 |  |   | 52.80 |  |   | — |  |   |
| Pre TSL VIII | Mezzanine |   | 1,927 |  |   | 1,093 |  |   | (834 | ) |   | C/C |   | 30 |  |   | 58.01 |  |   | — |  |   |
| Pre TSL IX   | Mezzanine |   | 2,295 |  |   | 1,133 |  |   | (1,162 | ) |   | Caa1/C |   | 44 |  |   | 27.04 |  |   | 6.44 |  |   |
| Pre TSL X              | Mezzanine |   | 1,367 |  |   | 1,330 |  |   | (37 | ) |   | Caa3(Ca)/C |   | 47 |  |   | 34.92 |  |   | — |  |   |
| Pre TSL XII  | Mezzanine |   | 5,380 |  |   | 2,958 |  |   | (2,422 | ) |   | Caa3/C |   | 69 |  |   | 30.17 |  |   | — |  |   |
| Pre TSL XIII | Mezzanine |   | 12,468 |  |   | 7,051 |  |   | (5,417 | ) |   | Caa3(Ca)/C |   | 61 |  |   | 29.99 |  |   | 16.38 |  |   |
| Pre TSL XIV  | Mezzanine |   | 13,537 |  |   | 6,211 |  |   | (7,326 | ) |   | Ca/C |   | 59 |  |   | 37.00 |  |   | 35.64 |  |   |
| MMCap I                | Mezzanine |   | 644 |  |   | 495 |  |   | (149 | ) |   | Ca/C |   | 11 |  |   | 58.76 |  |   | — |  |   |
| MM Comm IX   | Mezzanine |   | 6,595 |  |   | 1,066 |  |   | (5,529 | ) |   | Ca/D |   | 27 |  |   | 44.41 |  |   | — |  |   |
| Total                  |   |   | $ | 48,824 |  |   | $ | 25,457 |  |   | $ | (23,367 | ) |   |   |   |   |   |   |   |   |   |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Estimate of Future Cash Flows – Cash flows are constructed in an INTEX cash flow model which includes each deal’s structural features. Projected cash flows include prepayment assumptions which are dependent on the issuer's asset size and coupon rate.  For collateral issued by financial institutions over $15 billion in asset size with a coupon over 7%, a 100% prepayment rate is assumed. Financial institutions over $15 billion with a coupon of 7% or under are assigned a |

----

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Credit Analysis – A quarterly credit evaluation is performed for each of the 307 banks comprising the collateral across the various pooled trust preferred securities. Our credit evaluation considers all evidence available to us and includes the nature of the issuer’s business, its years of operating history, corporate structure, loan composition, loan concentrations, deposit mix, asset growth rates, geographic footprint and local economic environment. Our analysis focuses on profitability, return on assets, shareholders’ equity, net interest margin, credit quality ratios, operating efficiency, capital adequacy and liquidity. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Probability of Default – A probability of default is determined for each bank and is used to calculate the expected impact of future deferrals and defaults on our expected cash flows. Each bank in the collateral pool is assigned a probability of default for each year until maturity. Currently, any bank that is in default is assigned a 100% probability of default and a 0% projected recovery rate. All other banks in the pool are assigned a probability of default based on their unique credit characteristics and market indicators with a 10% projected recovery rate. For the majority of banks currently in deferral we assume the bank continues to defer and will eventually default and, therefore, a 100% probability of default is assigned. However, for some deferring collateral there is the possibility that they become current on interest or principal payments at some point in the future and in those cases a probability that the deferral will ultimately cure is assigned. The probability of default is updated quarterly. As of September 30, 2013, default probabilities for performing collateral ranged from 0.33% to 75%. |

----

|                                                                                                                 |
|-----------------------------------------------------------------------------------------------------------------|
|                                                                                                                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                                            | For the Three-Months Ended September 30 |   | For the Nine-Months Ended September 30 |
|                                                                                                            | 2013 |   | 2012 |   | 2013 |   | 2012 |
|                                                                                                            | (dollars in thousands) |
| Balance, beginning (a)                                                                                          | $ | 42,699 |  |   | $ | 44,230 |  |   | $ | 43,274 |  |   | $ | 44,736 |  |
| Credit losses on debt securities for which other-than-temporary impairment was not previously recognized        | — |  |   | — |  |   | — |  |   | — |  |
| Additional credit losses on debt securities for which other-than-temporary impairment was previously recognized | — |  |   | — |  |   | — |  |   | — |  |
| Increases in cash flows expected to be collected, recognized over the remaining life of the security (b)        | (1,326 | ) |   | (436 | ) |   | (1,901 | ) |   | (942 | ) |
| Balance, ending                                                                                                 | $ | 41,373 |  |   | $ | 43,794 |  |   | $ | 41,373 |  |   | $ | 43,794 |  |

|     |                                                                                                                                                            |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (a) | The beginning balance represents credit related losses included in other-than-temporary impairment charges recognized on debt securities in prior periods. |

|     |                                                                                        |
|-----|----------------------------------------------------------------------------------------|
| (b) | Represents the increase in cash flows recognized in interest income during the period. |

|                                               |
|-----------------------------------------------|
|                                               |  |  |  |  |  |  |  |
|                                          | September 30, 2013 |   | December 31, 2012 |
|                                          | (dollars in thousands) |
| Commercial, financial, agricultural and other | $ | 1,008,316 |  |   | $ | 1,019,822 |  |
| Real estate construction                      | 74,025 |  |   | 87,438 |  |
| Residential real estate                       | 1,280,990 |  |   | 1,241,565 |  |
| Commercial real estate                        | 1,272,366 |  |   | 1,273,661 |  |
| Loans to individuals                          | 604,307 |  |   | 582,218 |  |
| Total loans and leases net of unearned income | $ | 4,240,004 |  |   | $ | 4,204,704 |  |

|      |
|------|
|      |  |  |
| Pass |    | Acceptable levels of risk exist in the relationship. Includes all loans not adversely classified as OAEM, substandard or doubtful. |

|                                          |
|------------------------------------------|
|                                          |  |  |
| Other Assets Especially Mentioned (OAEM) |
|                                     |    | Potential weaknesses that deserve management’s close attention. The potential weaknesses may result in deterioration of the repayment prospects or weaken the Bank’s credit position at some future date. The credit risk may be relatively minor, yet constitute an undesirable risk in light of the circumstances surrounding the specific credit. No loss of principal or interest is expected. |

|             |
|-------------|
|             |  |  |
| Substandard |    | Well-defined weakness or a weakness that jeopardizes the repayment of the debt. A loan may be classified as substandard as a result of deterioration of the borrower’s financial condition and repayment capacity. Loans for which repayment plans have not been met or collateral equity margins do not protect the Company may also be classified as substandard. |

----

|          |
|----------|
|          |  |  |
| Doubtful |    | Loans with the characteristics of substandard loans with the added characteristic that collection or liquidation in full, on the basis of presently existing facts and conditions, is highly improbable. |

|                |
|----------------|
|                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|           | September 30, 2013 |
|           | Commercial, financial, agricultural and other |   | Real estate construction |   | Residential real estate |   | Commercial real estate |   | Loans to individuals |   | Total |
|           | (dollars in thousands) |
| Pass           | $ | 940,572 |  |   | $ | 60,322 |  |   | $ | 1,263,936 |  |   | $ | 1,190,752 |  |   | $ | 603,829 |  |   | $ | 4,059,411 |  |
| Non-Pass       |   |   |   |   |   |   |   |   |   |   |   |
| OAEM           | 25,287 |  |   | 1,046 |  |   | 5,375 |  |   | 41,688 |  |   | 1 |  |   | 73,397 |  |
| Substandard    | 42,457 |  |   | 12,657 |  |   | 11,679 |  |   | 39,926 |  |   | 477 |  |   | 107,196 |  |
| Doubtful       | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
| Total Non-Pass | 67,744 |  |   | 13,703 |  |   | 17,054 |  |   | 81,614 |  |   | 478 |  |   | 180,593 |  |
| Total          | $ | 1,008,316 |  |   | $ | 74,025 |  |   | $ | 1,280,990 |  |   | $ | 1,272,366 |  |   | $ | 604,307 |  |   | $ | 4,240,004 |  |

|                |
|----------------|
|                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|           | December 31, 2012 |
|           | Commercial, financial, agricultural and other |   | Real estate construction |   | Residential real estate |   | Commercial real estate |   | Loans to individuals |   | Total |
|           | (dollars in thousands) |
| Pass           | $ | 925,868 |  |   | $ | 64,353 |  |   | $ | 1,224,849 |  |   | $ | 1,119,093 |  |   | $ | 582,039 |  |   | $ | 3,916,202 |  |
| Non-Pass       |   |   |   |   |   |   |   |   |   |   |   |
| OAEM           | 31,049 |  |   | 925 |  |   | 5,647 |  |   | 82,581 |  |   | 3 |  |   | 120,205 |  |
| Substandard    | 62,905 |  |   | 18,638 |  |   | 11,069 |  |   | 71,987 |  |   | 176 |  |   | 164,775 |  |
| Doubtful       | — |  |   | 3,522 |  |   | — |  |   | — |  |   | — |  |   | 3,522 |  |
| Total Non-Pass | 93,954 |  |   | 23,085 |  |   | 16,716 |  |   | 154,568 |  |   | 179 |  |   | 288,502 |  |
| Total          | $ | 1,019,822 |  |   | $ | 87,438 |  |   | $ | 1,241,565 |  |   | $ | 1,273,661 |  |   | $ | 582,218 |  |   | $ | 4,204,704 |  |

----

|                                               |
|-----------------------------------------------|
|                                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                          | September 30, 2013 |
|                                          | 30 - 59dayspast due |   | 60 - 89dayspastdue |   | 90 daysandgreaterand stillaccruing |   | Nonaccrual |   | Total pastdue andnonaccrual |   | Current |   | Total |
|                                          | (dollars in thousands) |
| Commercial, financial, agricultural and other | $ | 601 |  |   | $ | 109 |  |   | $ | 203 |  |   | $ | 24,365 |  |   | $ | 25,278 |  |   | $ | 983,038 |  |   | $ | 1,008,316 |  |
| Real estate construction                      | 12 |  |   | — |  |   | — |  |   | 2,850 |  |   | 2,862 |  |   | 71,163 |  |   | 74,025 |  |
| Residential real estate                       | 3,942 |  |   | 1,072 |  |   | 988 |  |   | 10,456 |  |   | 16,458 |  |   | 1,264,532 |  |   | 1,280,990 |  |
| Commercial real estate                        | 570 |  |   | 210 |  |   | 116 |  |   | 22,074 |  |   | 22,970 |  |   | 1,249,396 |  |   | 1,272,366 |  |
| Loans to individuals                          | 2,581 |  |   | 859 |  |   | 1,057 |  |   | 184 |  |   | 4,681 |  |   | 599,626 |  |   | 604,307 |  |
| Total                                         | $ | 7,706 |  |   | $ | 2,250 |  |   | $ | 2,364 |  |   | $ | 59,929 |  |   | $ | 72,249 |  |   | $ | 4,167,755 |  |   | $ | 4,240,004 |  |

|                                               |
|-----------------------------------------------|
|                                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                          | December 31, 2012 |
|                                          | 30 - 59dayspast due |   | 60 - 89dayspastdue |   | 90 daysandgreaterand stillaccruing |   | Nonaccrual |   | Total pastdue andnonaccrual |   | Current |   | Total |
|                                          | (dollars in thousands) |
| Commercial, financial, agricultural and other | $ | 991 |  |   | $ | 620 |  |   | $ | 288 |  |   | $ | 29,258 |  |   | $ | 31,157 |  |   | $ | 988,665 |  |   | $ | 1,019,822 |  |
| Real estate construction                      | 2 |  |   | 19 |  |   | 15 |  |   | 9,778 |  |   | 9,814 |  |   | 77,624 |  |   | 87,438 |  |
| Residential real estate                       | 6,597 |  |   | 2,357 |  |   | 730 |  |   | 9,283 |  |   | 18,967 |  |   | 1,222,598 |  |   | 1,241,565 |  |
| Commercial real estate                        | 3,339 |  |   | 1,389 |  |   | 195 |  |   | 46,023 |  |   | 50,946 |  |   | 1,222,715 |  |   | 1,273,661 |  |
| Loans to individuals                          | 3,140 |  |   | 934 |  |   | 1,219 |  |   | 176 |  |   | 5,469 |  |   | 576,749 |  |   | 582,218 |  |
| Total                                         | $ | 14,069 |  |   | $ | 5,319 |  |   | $ | 2,447 |  |   | $ | 94,518 |  |   | $ | 116,353 |  |   | $ | 4,088,351 |  |   | $ | 4,204,704 |  |

----

|         |                                                                             |
|---------|-----------------------------------------------------------------------------|
| • | $12.7 million in commercial industrial loans to a local energy company, |

|         |                                                                                                             |
|---------|-------------------------------------------------------------------------------------------------------------|
| • | a $7.6 million commercial real estate loan to a real estate management company in western Pennsylvania, |

|         |                                                                                                                                                                                                                                                                    |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | a $5.7 million commercial real estate relationship to a western Pennsylvania commercial real estate developer, of which $0.5 million was charged-off and $4.8 million was moved to OREO, all during the nine-months ended September 30, 2013, |

|         |                                                                                                        |
|---------|--------------------------------------------------------------------------------------------------------|
| • | a $3.6 million commercial relationship to a specialty metal processor in western Pennsylvania, and |

|         |                                                                                            |
|---------|--------------------------------------------------------------------------------------------|
| • | a $3.1 million commercial relationship with a western Pennsylvania glass manufacturer. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                  |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | $12.7 million of commercial industrial loans to a local energy company.  These loans were originated from 2008 to 2011 and were placed in nonaccrual status during the third quarter of 2013. One of these loans, totaling $3.3 million, was modified resulting in TDR classification in the second quarter of 2012.  An updated valuation of the collateral was completed during the third quarter of 2013. |

|         |                                                                                                                                                                                                                                                                                                                           |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | $7.6 million commercial industrial loan to a real estate management company in western Pennsylvania.  These loans were originated in 2008 and were placed on nonaccrual status in the second quarter of 2013.  The most recent appraisal for this real estate collateral was completed in the second quarter of 2013. |

----

|         |                                                                                                                                                                                                                                                                                                                                                                                      |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | $2.8 million, the remaining portion net of reserves, of a $44.1 million unsecured loan to a western Pennsylvania real estate developer. This loan was originated in 2004 and was placed on nonaccrual status in the fourth quarter of 2009. Charge-offs of $28.5 million have been recorded on this loan, of which $13.1 million occurred in the second quarter of 2013. |

|         |                                                                                                                                                                                                                                                                                                                                                                           |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | $3.5 million commercial real estate and industrial loans to a specialty metal processor in western Pennsylvania.  This loan was originated in 2003 and was placed on nonaccrual status in the second quarter of 2013.  The assets collateralizing this relationship as well as the appraisal for the real estate collateral were valued in the first quarter of 2013. |

|         |                                                                                                                                                                                                                                                                                                                                                              |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | $3.4 million commercial real estate loan to an in-patient facility in western Pennsylvania. This loan was originated in 2008 and placed on nonaccrual status in September 2012.  Charge-offs of $2.8 million have been recorded on this loan.  The most recent appraisal for the real estate collateral was completed in the fourth quarter of 2012. |

|                                               |
|-----------------------------------------------|
|                                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                          | September 30, 2013 |   | December 31, 2012 |
|                                          | Recordedinvestment |   | Unpaidprincipalbalance |   | Relatedallowance |   | Recordedinvestment |   | Unpaidprincipalbalance |   | Relatedallowance |
|                                          | (dollars in thousands) |
| With no related allowance recorded:           |   |   |   |   |   |   |   |   |   |   |   |
| Commercial, financial, agricultural and other | $ | 10,209 |  |   | $ | 11,137 |  |   |  |  |   | $ | 8,080 |  |   | $ | 8,983 |  |   |  |  |
| Real estate construction                      | 2,251 |  |   | 5,795 |  |   |  |  |   | 8,491 |  |   | 35,555 |  |   |  |  |
| Residential real estate                       | 9,493 |  |   | 10,118 |  |   |  |  |   | 7,928 |  |   | 8,401 |  |   |  |  |
| Commercial real estate                        | 21,695 |  |   | 23,111 |  |   |  |  |   | 33,259 |  |   | 35,401 |  |   |  |  |
| Loans to individuals                          | 257 |  |   | 272 |  |   |  |  |   | 256 |  |   | 256 |  |   |  |  |
| Subtotal                                      | 43,905 |  |   | 50,433 |  |   |  |  |   | 58,014 |  |   | 88,596 |  |   |  |  |
| With an allowance recorded:                   |   |   |   |   |   |   |   |   |   |   |   |
| Commercial, financial, agricultural and other | 16,530 |  |   | 17,064 |  |   | 4,889 |  |   | 26,532 |  |   | 27,412 |  |   | 10,331 |  |
| Real estate construction                      | 1,866 |  |   | 2,181 |  |   | 165 |  |   | 2,756 |  |   | 3,087 |  |   | 300 |  |
| Residential real estate                       | 3,406 |  |   | 3,440 |  |   | 1,377 |  |   | 2,695 |  |   | 2,696 |  |   | 780 |  |
| Commercial real estate                        | 5,512 |  |   | 8,924 |  |   | 1,808 |  |   | 17,558 |  |   | 17,896 |  |   | 6,367 |  |
| Loans to individuals                          | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
| Subtotal                                      | 27,314 |  |   | 31,609 |  |   | 8,239 |  |   | 49,541 |  |   | 51,091 |  |   | 17,778 |  |
| Total                                         | $ | 71,219 |  |   | $ | 82,042 |  |   | $ | 8,239 |  |   | $ | 107,555 |  |   | $ | 139,687 |  |   | $ | 17,778 |  |

----

|                                               |
|-----------------------------------------------|
|                                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                          | For the Nine-Months Ended September 30 |
|                                          | 2013 |   | 2012 |
|                                          | Averagerecordedinvestment |   | InterestIncomeRecognized |   | Averagerecordedinvestment |   | InterestIncomeRecognized |
|                                          | (dollars in thousands) |
| With no related allowance recorded:           |   |   |   |   |   |   |   |
| Commercial, financial, agricultural and other | $ | 14,482 |  |   | $ | 147 |  |   | $ | 9,281 |  |   | $ | 116 |  |
| Real estate construction                      | 5,390 |  |   | — |  |   | 6,641 |  |   | — |  |
| Residential real estate                       | 9,376 |  |   | 129 |  |   | 7,604 |  |   | 17 |  |
| Commercial real estate                        | 26,390 |  |   | 119 |  |   | 27,869 |  |   | 50 |  |
| Loans to individuals                          | 248 |  |   | 3 |  |   | 9 |  |   | — |  |
| Subtotal                                      | 55,886 |  |   | 398 |  |   | 51,404 |  |   | 183 |  |
| With an allowance recorded:                   |   |   |   |   |   |   |   |
| Commercial, financial, agricultural and other | 15,552 |  |   | 46 |  |   | 21,025 |  |   | 5 |  |
| Real estate construction                      | 1,848 |  |   | 35 |  |   | 7,381 |  |   | — |  |
| Residential real estate                       | 3,001 |  |   | 24 |  |   | 1,532 |  |   | 20 |  |
| Commercial real estate                        | 5,628 |  |   | 1 |  |   | 2,713 |  |   | 11 |  |
| Loans to individuals                          | — |  |   | — |  |   | — |  |   | — |  |
| Subtotal                                      | 26,029 |  |   | 106 |  |   | 32,651 |  |   | 36 |  |
| Total                                         | $ | 81,915 |  |   | $ | 504 |  |   | $ | 84,055 |  |   | $ | 219 |  |

|                                               |
|-----------------------------------------------|
|                                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                          |   |   |   |   |   |   |   |
|                                          | For the Three-Months Ended September 30 |
|                                          | 2013 |   | 2012 |
|                                          | Averagerecordedinvestment |   | InterestIncomeRecognized |   | Averagerecordedinvestment |   | InterestIncomeRecognized |
|                                          | (dollars in thousands) |
| With no related allowance recorded:           |   |   |   |   |   |   |   |
| Commercial, financial, agricultural and other | $ | 14,000 |  |   | $ | 41 |  |   | $ | 6,664 |  |   | $ | 94 |  |
| Real estate construction                      | 2,340 |  |   | — |  |   | 4,954 |  |   | — |  |
| Residential real estate                       | 9,977 |  |   | 52 |  |   | 4,374 |  |   | 6 |  |
| Commercial real estate                        | 23,428 |  |   | 42 |  |   | 29,878 |  |   | 14 |  |
| Loans to individuals                          | 251 |  |   | 1 |  |   | 28 |  |   | — |  |
| Subtotal                                      | 49,996 |  |   | 136 |  |   | 45,898 |  |   | 114 |  |
| With an allowance recorded:                   |   |   |   |   |   |   |   |
| Commercial, financial, agricultural and other | 10,370 |  |   | 16 |  |   | 25,469 |  |   | 2 |  |
| Real estate construction                      | 1,541 |  |   | 8 |  |   | 8,848 |  |   | — |  |
| Residential real estate                       | 3,349 |  |   | 10 |  |   | 2,130 |  |   | 6 |  |
| Commercial real estate                        | 5,371 |  |   | 1 |  |   | 4,754 |  |   | 11 |  |
| Loans to individuals                          | — |  |   | — |  |   | — |  |   | — |  |
| Subtotal                                      | 20,631 |  |   | 35 |  |   | 41,201 |  |   | 19 |  |
| Total                                         | $ | 70,627 |  |   | $ | 171 |  |   | $ | 87,099 |  |   | $ | 133 |  |

----

|                                  |
|----------------------------------|
|                                  |  |  |  |  |  |  |  |
|                             | September 30, 2013 |   | December 31, 2012 |
|                             | (dollars in thousands) |
| Troubled debt restructured loans |   |   |   |
| Accrual status                   | $ | 11,290 |  |   | $ | 13,037 |  |
| Nonaccrual status                | 17,807 |  |   | 50,979 |  |
| Total                            | $ | 29,097 |  |   | $ | 64,016 |  |
| Commitments                      |   |   |   |
| Letters of credit                | $ | — |  |   | $ | 1,574 |  |
| Unused lines of credit           | 3,244 |  |   | — |  |
| Total                            | $ | 3,244 |  |   | $ | 1,574 |  |

|                                               |
|-----------------------------------------------|
|                                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                          | For the Nine-Months Ended September 30, 2013 |
|                                          |   |   | Type of Modification |   |   |   |   |   |   |
|                                          | NumberofContracts |   | ExtendMaturity |   | ModifyRate |   | ModifyPayments |   | TotalPre-ModificationOutstandingRecordedInvestment |   | Post-ModificationOutstandingRecordedInvestment |   | SpecificReserve |
|                                          | (dollars in thousands) |
| Commercial, financial, agricultural and other | 7 |  |   | $ | 2,969 |  |   | $ | — |  |   | $ | 105 |  |   | $ | 3,074 |  |   | $ | 1,041 |  |   | $ | 198 |  |
| Residential real estate                       | 32 |  |   | 347 |  |   | 350 |  |   | 1,552 |  |   | 2,249 |  |   | 1,924 |  |   | 274 |  |
| Commercial real estate                        | 6 |  |   | 758 |  |   | 244 |  |   | 1,551 |  |   | 2,553 |  |   | 2,484 |  |   | 1,062 |  |
| Loans to individuals                          | 12 |  |   | 9 |  |   | 70 |  |   | 28 |  |   | 107 |  |   | 83 |  |   | — |  |
| Total                                         | 57 |  |   | $ | 4,083 |  |   | $ | 664 |  |   | $ | 3,236 |  |   | $ | 7,983 |  |   | $ | 5,532 |  |   | $ | 1,534 |  |

|                                               |
|-----------------------------------------------|
|                                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                          | For the Nine-Months Ended September 30, 2012 |
|                                          |   |   | Type of Modification |   |   |   |   |   |   |
|                                          | NumberofContracts |   | ExtendMaturity |   | ModifyRate |   | ModifyPayments |   | TotalPre-ModificationOutstandingRecordedInvestment |   | Post-ModificationOutstandingRecordedInvestment |   | SpecificReserve |
|                                          | (dollars in thousands) |
| Commercial, financial, agricultural and other | 10 |  |   | $ | 1,599 |  |   | $ | 187 |  |   | $ | 7,538 |  |   | $ | 9,324 |  |   | $ | 8,885 |  |   | $ | 3,140 |  |
| Real estate construction                      | 1 |  |   | 823 |  |   | — |  |   | — |  |   | 823 |  |   | 791 |  |   | — |  |
| Residential real estate                       | 3 |  |   | — |  |   | 97 |  |   | 83 |  |   | 180 |  |   | 131 |  |   | — |  |
| Commercial real estate                        | 1 |  |   | — |  |   | 516 |  |   | — |  |   | 516 |  |   | 529 |  |   | 98 |  |
| Total                                         | 15 |  |   | $ | 2,422 |  |   | $ | 800 |  |   | $ | 7,621 |  |   | $ | 10,843 |  |   | $ | 10,336 |  |   | $ | 3,238 |  |

----

|                                               |
|-----------------------------------------------|
|                                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                          | For the Three-Months Ended September 30, 2013 |
|                                          |   |   | Type of Modification |   |   |   |   |   |   |
|                                          | NumberofContracts |   | ExtendMaturity |   | ModifyRate |   | ModifyPayments |   | TotalPre-ModificationOutstandingRecordedInvestment |   | Post-ModificationOutstandingRecordedInvestment |   | SpecificReserve |
|                                          | (dollars in thousands) |
| Commercial, financial, agricultural and other | 4 |  |   | $ | 2,442 |  |   | $ | — |  |   | $ | 93 |  |   | $ | 2,535 |  |   | $ | 601 |  |   | $ | 198 |  |
| Residential real estate                       | 10 |  |   | 67 |  |   | 24 |  |   | 269 |  |   | 360 |  |   | 361 |  |   | — |  |
| Commercial real estate                        | 5 |  |   | 758 |  |   | — |  |   | 1,551 |  |   | 2,309 |  |   | 2,252 |  |   | 1,062 |  |
| Loans to individuals                          | 6 |  |   | 10 |  |   | 36 |  |   | 21 |  |   | 67 |  |   | 58 |  |   | — |  |
| Total                                         | 25 |  |   | $ | 3,277 |  |   | $ | 60 |  |   | $ | 1,934 |  |   | $ | 5,271 |  |   | $ | 3,272 |  |   | $ | 1,260 |  |

|                                               |
|-----------------------------------------------|
|                                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                          | For the Three-Months Ended September 30, 2012 |
|                                          |   |   | Type of Modification |   |   |   |   |   |   |
|                                          | NumberofContracts |   | ExtendMaturity |   | ModifyRate |   | ModifyPayments |   | TotalPre-ModificationOutstandingRecordedInvestment |   | Post-ModificationOutstandingRecordedInvestment |   | SpecificReserve |
|                                          | (dollars in thousands) |
| Commercial, financial, agricultural and other | 6 |  |   | $ | 1,153 |  |   | $ | 169 |  |   | $ | 1,509 |  |   | $ | 2,831 |  |   | $ | 3,004 |  |   | $ | 746 |  |
| Commercial real estate                        | 1 |  |   | — |  |   | 516 |  |   | — |  |   | 516 |  |   | 529 |  |   | 98 |  |
| Total                                         | 7 |  |   | $ | 1,153 |  |   | $ | 685 |  |   | $ | 1,509 |  |   | $ | 3,347 |  |   | $ | 3,533 |  |   | $ | 844 |  |

|                         |
|-------------------------|
|                         |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                    | 2013 |   | 2012 |
|                    | Number ofContracts |   | RecordedInvestment |   | Number ofContracts |   | RecordedInvestment |
|                    | (dollars in thousands) |
| Residential real estate | 1 |  |   | $ | 9 |  |   | — |  |   | $ | — |  |
| Loans to individuals    | 2 |  |   | 9 |  |   | — |  |   | — |  |
| Total                   | 3 |  |   | $ | 18 |  |   | — |  |   | $ | — |  |

----

|                         |
|-------------------------|
|                         |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                    | 2013 |   | 2012 |
|                    | Number ofContracts |   | RecordedInvestment |   | Number ofContracts |   | RecordedInvestment |
|                    | (dollars in thousands) |
| Residential real estate | 1 |  |   | $ | 9 |  |   | — |  |   | $ | — |  |
| Loans to individuals    | 1 |  |   | 5 |  |   | — |  |   | — |  |
| Total                   | 2 |  |   | $ | 14 |  |   | — |  |   | $ | — |  |

|                                                       |
|-------------------------------------------------------|
|                                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                  | For the Nine-Months Ended September 30, 2013 |
|                                                  | Commercial,financial,agriculturaland other |   | Real estateconstruction |   | Residentialreal estate |   | Commercialreal estate |   | Loans toindividuals |   | Unallocated |   | Total |
|                                                  | (dollars in thousands) |
| Allowance for credit losses:                          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Beginning Balance                                     | $ | 19,852 |  |   | $ | 8,928 |  |   | $ | 5,908 |  |   | $ | 22,441 |  |   | $ | 4,132 |  |   | $ | 5,926 |  |   | $ | 67,187 |  |
| Charge-offs                                           | (17,302 | ) |   | (773 | ) |   | (1,400 | ) |   | (10,051 | ) |   | (2,669 | ) |   | — |  |   | (32,195 | ) |
| Recoveries                                            | 345 |  |   | 140 |  |   | 883 |  |   | 121 |  |   | 465 |  |   | — |  |   | 1,954 |  |
| Provision (credit)                                    | 12,038 |  |   | (1,865 | ) |   | 446 |  |   | 4,318 |  |   | 2,266 |  |   | 808 |  |   | 18,011 |  |
| Ending Balance                                        | $ | 14,933 |  |   | $ | 6,430 |  |   | $ | 5,837 |  |   | $ | 16,829 |  |   | $ | 4,194 |  |   | $ | 6,734 |  |   | $ | 54,957 |  |
| Ending balance: individually evaluated for impairment | $ | 4,889 |  |   | $ | 165 |  |   | $ | 1,377 |  |   | $ | 1,808 |  |   | $ | — |  |   | $ | — |  |   | $ | 8,239 |  |
| Ending balance: collectively evaluated for impairment | 10,044 |  |   | 6,265 |  |   | 4,460 |  |   | 15,021 |  |   | 4,194 |  |   | 6,734 |  |   | 46,718 |  |
| Loans:                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Ending balance                                        | 1,008,316 |  |   | 74,025 |  |   | 1,280,990 |  |   | 1,272,366 |  |   | 604,307 |  |   |   |   | 4,240,004 |  |
| Ending balance: individually evaluated for impairment | 25,620 |  |   | 4,028 |  |   | 9,794 |  |   | 25,197 |  |   | — |  |   |   |   | 64,639 |  |
| Ending balance: collectively evaluated for impairment | 982,696 |  |   | 69,997 |  |   | 1,271,196 |  |   | 1,247,169 |  |   | 604,307 |  |   |   |   | 4,175,365 |  |

----

|                                                       |
|-------------------------------------------------------|
|                                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                  | For the Nine-Months Ended September 30, 2012 |
|                                                  | Commercial,financial,agriculturaland other |   | Real estateconstruction |   | Residentialreal estate |   | Commercialreal estate |   | Loans toindividuals |   | Unallocated |   | Total |
|                                                  | (dollars in thousands) |
| Allowance for credit losses:                          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Beginning Balance                                     | $ | 18,200 |  |   | $ | 6,756 |  |   | $ | 8,237 |  |   | $ | 18,961 |  |   | $ | 4,244 |  |   | $ | 4,836 |  |   | $ | 61,234 |  |
| Charge-offs                                           | (4,939 | ) |   | (2,356 | ) |   | (2,984 | ) |   | (638 | ) |   | (2,494 | ) |   | — |  |   | (13,411 | ) |
| Recoveries                                            | 349 |  |   | 121 |  |   | 331 |  |   | 256 |  |   | 396 |  |   | — |  |   | 1,453 |  |
| Provision (credit)                                    | 4,470 |  |   | 4,341 |  |   | 1,120 |  |   | 1,855 |  |   | 2,074 |  |   | 978 |  |   | 14,838 |  |
| Ending Balance                                        | $ | 18,080 |  |   | $ | 8,862 |  |   | $ | 6,704 |  |   | $ | 20,434 |  |   | $ | 4,220 |  |   | $ | 5,814 |  |   | $ | 64,114 |  |
| Ending balance: individually evaluated for impairment | $ | 7,306 |  |   | $ | 973 |  |   | $ | 719 |  |   | $ | 3,916 |  |   | $ | — |  |   | $ | — |  |   | $ | 12,914 |  |
| Ending balance: collectively evaluated for impairment | 10,774 |  |   | 7,889 |  |   | 5,985 |  |   | 16,518 |  |   | 4,220 |  |   | 5,814 |  |   | 51,200 |  |
| Loans:                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Ending balance                                        | 1,087,019 |  |   | 95,425 |  |   | 1,228,328 |  |   | 1,217,249 |  |   | 586,278 |  |   |   |   | 4,214,299 |  |
| Ending balance: individually evaluated for impairment | 32,833 |  |   | 11,427 |  |   | 7,224 |  |   | 37,369 |  |   | — |  |   |   |   | 88,853 |  |
| Ending balance: collectively evaluated for impairment | 1,054,186 |  |   | 83,998 |  |   | 1,221,104 |  |   | 1,179,880 |  |   | 586,278 |  |   |   |   | 4,125,446 |  |

|                              |
|------------------------------|
|                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                         | For the Three-Months Ended September 30, 2013 |
|                         | Commercial,financial,agriculturaland other |   | Real estateconstruction |   | Residentialreal estate |   | Commercialreal estate |   | Loans toindividuals |   | Unallocated |   | Total |
|                         | (dollars in thousands) |
| Allowance for credit losses: |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Beginning Balance            | $ | 16,575 |  |   | $ | 8,246 |  |   | $ | 6,439 |  |   | $ | 16,128 |  |   | $ | 4,142 |  |   | $ | 5,922 |  |   | $ | 57,452 |  |
| Charge-offs                  | (3,081 | ) |   | (18 | ) |   | (757 | ) |   | (813 | ) |   | (914 | ) |   | — |  |   | (5,583 | ) |
| Recoveries                   | 81 |  |   | 81 |  |   | 71 |  |   | 13 |  |   | 128 |  |   | — |  |   | 374 |  |
| Provision (credit)           | 1,358 |  |   | (1,879 | ) |   | 84 |  |   | 1,501 |  |   | 838 |  |   | 812 |  |   | 2,714 |  |
| Ending Balance               | $ | 14,933 |  |   | $ | 6,430 |  |   | $ | 5,837 |  |   | $ | 16,829 |  |   | $ | 4,194 |  |   | $ | 6,734 |  |   | $ | 54,957 |  |

|                              |
|------------------------------|
|                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                         |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                         | For the Three-Months Ended September 30, 2012 |
|                         | Commercial,financial,agriculturaland other |   | Real estateconstruction |   | Residentialreal estate |   | Commercialreal estate |   | Loans toindividuals |   | Unallocated |   | Total |
|                         | (dollars in thousands) |
| Allowance for credit losses: |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Beginning Balance            | $ | 19,302 |  |   | $ | 8,001 |  |   | $ | 6,619 |  |   | $ | 17,638 |  |   | $ | 4,209 |  |   | $ | 5,907 |  |   | $ | 61,676 |  |
| Charge-offs                  | (1,271 | ) |   | (2,016 | ) |   | (530 | ) |   | (97 | ) |   | (756 | ) |   | — |  |   | (4,670 | ) |
| Recoveries                   | 74 |  |   | 29 |  |   | 49 |  |   | 70 |  |   | 132 |  |   | — |  |   | 354 |  |
| Provision (credit)           | (25 | ) |   | 2,848 |  |   | 566 |  |   | 2,823 |  |   | 635 |  |   | (93 | ) |   | 6,754 |  |
| Ending Balance               | $ | 18,080 |  |   | $ | 8,862 |  |   | $ | 6,704 |  |   | $ | 20,434 |  |   | $ | 4,220 |  |   | $ | 5,814 |  |   | $ | 64,114 |  |

----

|         |                                                                                                                                                                                                                                                                                                                                                                                                                        |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Level 1 – Valuations for assets and liabilities traded in active exchange markets, such as the New York Stock Exchange (“NYSE”). Valuations are obtained from readily available pricing sources for market transactions involving identical assets or liabilities. Level 1 securities include equity holdings comprised of publicly traded bank stocks which were priced using quoted market prices. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Level 2 – Valuations for assets and liabilities traded in less active dealer or broker markets. Valuations are obtained for identical or comparable assets or liabilities from alternative pricing sources with reasonable levels of price transparency. Level 2 includes Obligations of U.S. Government securities issued by Agencies and Sponsored Enterprises, Obligations of States and Political Subdivisions, corporate securities, FHLB stock, interest rate derivatives that include interest rate swaps and risk participation agreements, certain other real estate owned and certain impaired loans. |

----

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Level 3 – Valuations for assets and liabilities that are derived from other valuation methodologies, including option pricing models, discounted cash flow models and similar techniques, and not based on market exchange, dealer or broker traded transactions. If the inputs used to provide the valuation are unobservable and/or there is very little, if any, market activity for the security or similar securities, the securities would be considered Level 3 securities. Level 3 valuations incorporate certain assumptions and projections in determining the fair value assigned to such assets or liabilities. The assets included in Level 3 are pooled trust preferred collateralized debt obligations, non-marketable equity investments, certain interest rate derivatives, certain other real estate owned and certain impaired loans. |

----

|                                   |
|-----------------------------------|
|                                   |  |  |  |  |  |  |  |
|                              | Fair Value (dollarsin thousands) |   | ValuationTechnique |   | Unobservable Inputs |   | Range /(weighted average) |
| Pooled Trust Preferred Securities | $25,457 |   | Discounted Cash Flow |   | Probability of default |   | 0% - 100% (19.61%) |
|                              |   |   |   |   | Prepayment rates |   | 0% - 99.75% (8.2%) |
|                              |   |   |   |   | Discount rates |   | 5.75% - 15.5% (a) |
| Equities                          | 1,420 |   | Par Value |   | N/A |   | N/A |
| Interest Rate Swap                | — |   | Option model |   | Counterparty credit risk |   | 7.98% - 9.11% (b) |
| Impaired Loans                    | 7,727 (c) |   | Reserve study |   | Discount rate |   | 10.00% |
|                              |   |   |   |   | Gas per MCF |   | $3.56 - $7.60 (d) |
|                              |   |   |   |   | Oil per BBL/d |   | $79.97 - $106.00 (d) |
|                              |   |   |   |   | NGL per gallon |   | $1.54 (d) |
| Other Real Estate Owned           | 242 |   | Internal Valuation |   | N/A |   | N/A |

|     |                                                                                                            |
|-----|------------------------------------------------------------------------------------------------------------|
| (a) | incorporates spread over risk free rate related primarily to credit quality and illiquidity of securities. |

|     |                                                                    |
|-----|--------------------------------------------------------------------|
| (b) | represents the range of the credit spread curve used in valuation. |

|     |                                                                                                                                                                               |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (c) | the remainder of impaired loans valued using Level 3 inputs are not included in this disclosure as the values of those loans are based on bankruptcy agreement documentation. |

|     |                                                                                                                          |
|-----|--------------------------------------------------------------------------------------------------------------------------|
| (d) | unobservable inputs are defined as follows: MCF - million cubic feet; BBL/d - barrels per day; NGL - natural gas liquid. |

----

|                                                        |
|--------------------------------------------------------|
|                                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                   | September 30, 2013 |
|                                                   | Level 1 |   | Level 2 |   | Level 3 |   | Total |
|                                                   | (dollars in thousands) |
| Obligations of U.S. Government Agencies:               |   |   |   |   |   |   |   |
| Mortgage-Backed Securities - Residential               | $ | — |  |   | $ | 26,451 |  |   | $ | — |  |   | $ | 26,451 |  |
| Obligations of U.S. Government-Sponsored Enterprises:  |   |   |   |   |   |   |   |
| Mortgage-Backed Securities - Residential               | — |  |   | 964,233 |  |   | — |  |   | 964,233 |  |
| Mortgage-Backed Securities - Commercial                | — |  |   | 116 |  |   | — |  |   | 116 |  |
| Other Government-Sponsored Enterprises                 | — |  |   | 266,303 |  |   | — |  |   | 266,303 |  |
| Obligations of States and Political Subdivisions       | — |  |   | 82 |  |   | — |  |   | 82 |  |
| Corporate Securities                                   | — |  |   | 7,001 |  |   | — |  |   | 7,001 |  |
| Pooled Trust Preferred Collateralized Debt Obligations | — |  |   | — |  |   | 25,457 |  |   | 25,457 |  |
| Total Debt Securities                                  | — |  |   | 1,264,186 |  |   | 25,457 |  |   | 1,289,643 |  |
| Equities                                               | — |  |   | — |  |   | 1,420 |  |   | 1,420 |  |
| Total Securities Available for Sale                    | — |  |   | 1,264,186 |  |   | 26,877 |  |   | 1,291,063 |  |
| Other Investments                                      | — |  |   | 33,704 |  |   | — |  |   | 33,704 |  |
| Loans held for sale                                    | — |  |   | — |  |   | — |  |   | — |  |
| Other Assets(a)                                        | — |  |   | 14,249 |  |   | — |  |   | 14,249 |  |
| Total Assets                                           | $ | — |  |   | $ | 1,312,139 |  |   | $ | 26,877 |  |   | $ | 1,339,016 |  |
| Other Liabilities(a)                                   | $ | — |  |   | $ | 14,360 |  |   | $ | — |  |   | $ | 14,360 |  |
| Total Liabilities                                      | $ | — |  |   | $ | 14,360 |  |   | $ | — |  |   | $ | 14,360 |  |

|     |                                       |
|-----|---------------------------------------|
| (a) | Non-hedging interest rate derivatives |

|                                                        |
|--------------------------------------------------------|
|                                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                   | December 31, 2012 |
|                                                   | Level 1 |   | Level 2 |   | Level 3 |   | Total |
|                                                   | (dollars in thousands) |
| Obligations of U.S. Government Agencies:               |   |   |   |   |   |   |   |
| Mortgage-Backed Securities - Residential               | $ | — |  |   | $ | 31,664 |  |   | $ | — |  |   | $ | 31,664 |  |
| Obligations of U.S. Government-Sponsored Enterprises:  |   |   |   |   |   |   |   |
| Mortgage-Backed Securities - Residential               | — |  |   | 864,401 |  |   | — |  |   | 864,401 |  |
| Mortgage-Backed Securities - Commercial                | — |  |   | 149 |  |   | — |  |   | 149 |  |
| Other Government-Sponsored Enterprises                 | — |  |   | 242,664 |  |   | — |  |   | 242,664 |  |
| Obligations of States and Political Subdivisions       | — |  |   | 86 |  |   | — |  |   | 86 |  |
| Corporate Securities                                   | — |  |   | 6,991 |  |   | — |  |   | 6,991 |  |
| Pooled Trust Preferred Collateralized Debt Obligations | — |  |   | — |  |   | 23,373 |  |   | 23,373 |  |
| Total Debt Securities                                  | — |  |   | 1,145,955 |  |   | 23,373 |  |   | 1,169,328 |  |
| Equities                                               | 555 |  |   | — |  |   | 1,420 |  |   | 1,975 |  |
| Total Securities Available for Sale                    | 555 |  |   | 1,145,955 |  |   | 24,793 |  |   | 1,171,303 |  |
| Other Investments                                      | — |  |   | 28,228 |  |   | — |  |   | 28,228 |  |
| Loans Held for Sale                                    | — |  |   | — |  |   | — |  |   | — |  |
| Other Assets(a)                                        | — |  |   | 16,480 |  |   | — |  |   | 16,480 |  |
| Total Assets                                           | $ | 555 |  |   | $ | 1,190,663 |  |   | $ | 24,793 |  |   | $ | 1,216,011 |  |
| Other Liabilities(a)                                   | $ | — |  |   | $ | 18,726 |  |   | $ | — |  |   | $ | 18,726 |  |
| Total Liabilities                                      | $ | — |  |   | $ | 18,726 |  |   | $ | — |  |   | $ | 18,726 |  |

|     |                                       |
|-----|---------------------------------------|
| (a) | Non-hedging interest rate derivatives |

----

|                                              |
|----------------------------------------------|
|                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                         | 2013 |
|                                         | Pooled TrustPreferredCollateralizedDebtObligations |   | Equities |   | LoansHeld forSale |   | OtherAssets |   | Total |
|                                         | (dollars in thousands) |
| Balance, beginning of period                 | $ | 23,373 |  |   | $ | 1,420 |  |   | $ | — |  |   | $ | — |  |   | $ | 24,793 |  |
| Total gains or losses                        |   |   |   |   |   |   |   |   |   |
| Included in earnings                         | — |  |   | — |  |   | 625 |  |   | — |  |   | 625 |  |
| Included in other comprehensive income       | 7,399 |  |   | — |  |   | — |  |   | — |  |   | 7,399 |  |
| Purchases, issuances, sales, and settlements |   |   |   |   |   |   |   |   |   |
| Purchases                                    | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
| Issuances                                    | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
| Sales                                        | — |  |   | — |  |   | (20,760 | ) |   | — |  |   | (20,760 | ) |
| Settlements                                  | (5,315 | ) |   | — |  |   | — |  |   | — |  |   | (5,315 | ) |
| Transfers into Level 3                       | — |  |   | — |  |   | 20,135 |  |   | — |  |   | 20,135 |  |
| Balance, end of period                       | $ | 25,457 |  |   | $ | 1,420 |  |   | $ | — |  |   | $ | — |  |   | $ | 26,877 |  |

|                                              |
|----------------------------------------------|
|                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                         | 2012 |
|                                         | Pooled TrustPreferredCollateralizedDebtObligations |   | Equities |   | Loans Held for Sale |   | OtherAssets |   | Total |
|                                         | (dollars in thousands) |
| Balance, beginning of period                 | $ | 22,980 |  |   | $ | 1,420 |  |   | $ | 13,412 |  |   | $ | — |  |   | $ | 37,812 |  |
| Total gains or losses                        |   |   |   |   |   |   |   |   |   |
| Included in earnings                         | — |  |   | — |  |   | 2,870 |  |   | (461 | ) |   | 2,409 |  |
| Included in other comprehensive income       | 3,610 |  |   | — |  |   | — |  |   | — |  |   | 3,610 |  |
| Purchases, issuances, sales, and settlements |   |   |   |   |   |   |   |   |   |
| Purchases                                    | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
| Issuances                                    | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
| Sales                                        | — |  |   | — |  |   | (15,981 | ) |   | — |  |   | (15,981 | ) |
| Settlements                                  | (3,539 | ) |   | — |  |   | (301 | ) |   | — |  |   | (3,840 | ) |
| Transfers into Level 3                       | — |  |   | — |  |   | — |  |   | 461 |  |   | 461 |  |
| Balance, end of period                       | $ | 23,051 |  |   | $ | 1,420 |  |   | $ | — |  |   | $ | — |  |   | $ | 24,471 |  |

----

|                                              |
|----------------------------------------------|
|                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                         | 2013 |
|                                         | Pooled TrustPreferredCollateralizedDebtObligations |   | Equities |   | Loans Heldfor Sale |   | OtherAssets |   | Total |
|                                         | (dollars in thousands) |
| Balance, beginning of period                 | $ | 25,869 |  |   | $ | 1,420 |  |   | $ | — |  |   | $ | — |  |   | $ | 27,289 |  |
| Total gains or losses                        |   |   |   |   |   |   |   |   |   |
| Included in earnings                         | — |  |   | — |  |   | 242 |  |   | — |  |   | 242 |  |
| Included in other comprehensive income       | 1,716 |  |   | — |  |   | — |  |   | — |  |   | 1,716 |  |
| Purchases, issuances, sales, and settlements |   |   |   |   |   |   |   |   |   |
| Purchases                                    | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
| Issuances                                    | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
| Sales                                        | — |  |   | — |  |   | (242 | ) |   | — |  |   | (242 | ) |
| Settlements                                  | (2,128 | ) |   | — |  |   | — |  |   | — |  |   | (2,128 | ) |
| Transfers into Level 3                       | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
| Balance, end of period                       | $ | 25,457 |  |   | $ | 1,420 |  |   | $ | — |  |   | $ | — |  |   | $ | 26,877 |  |

|                                              |
|----------------------------------------------|
|                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                         | 2012 |
|                                         | Pooled TrustPreferredCollateralizedDebtObligations |   | Equities |   | Loans Held for Sale |   | OtherAssets |   | Total |
|                                         | (dollars in thousands) |
| Balance, beginning of period                 | $ | 21,792 |  |   | $ | 1,420 |  |   | $ | — |  |   | $ | — |  |   | 23,212 |  |
| Total gains or losses                        |   |   |   |   |   |   |   |   |   |
| Included in earnings                         | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
| Included in other comprehensive income       | 2,030 |  |   | — |  |   | — |  |   | — |  |   | 2,030 |  |
| Purchases, issuances, sales, and settlements |   |   |   |   |   |   |   |   |   |
| Purchases                                    | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
| Issuances                                    | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
| Sales                                        | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
| Settlements                                  | (771 | ) |   | — |  |   | — |  |   | — |  |   | (771 | ) |
| Transfers from Level 3                       | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
| Balance, end of period                       | $ | 23,051 |  |   | $ | 1,420 |  |   | $ | — |  |   | $ | — |  |   | $ | 24,471 |  |

|                         |
|-------------------------|
|                         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                    | September 30, 2013 |
|                    | Level 1 |   | Level 2 |   | Level 3 |   | Total |
|                    | (dollars in thousands) |
| Impaired loans          | $ | — |  |   | $ | 48,673 |  |   | $ | 14,307 |  |   | $ | 62,980 |  |
| Other real estate owned | — |  |   | 10,633 |  |   | 242 |  |   | 10,875 |  |
| Total Assets            | $ | — |  |   | $ | 59,306 |  |   | $ | 14,549 |  |   | $ | 73,855 |  |

----

|                         |
|-------------------------|
|                         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                    | December 31, 2012 |
|                    | Level 1 |   | Level 2 |   | Level 3 |   | Total |
|                    | (dollars in thousands) |
| Impaired loans          | $ | — |  |   | $ | 82,949 |  |   | $ | 6,827 |  |   | $ | 89,776 |  |
| Other real estate owned | — |  |   | 11,981 |  |   | 247 |  |   | 12,228 |  |
| Total Assets            | $ | — |  |   | $ | 94,930 |  |   | $ | 7,074 |  |   | $ | 102,004 |  |

|                         |
|-------------------------|
|                         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                    | For the Three-Months Ended September 30 |   | For the Nine-Months Ended September 30 |
|                    | 2013 |   | 2012 |   | 2013 |   | 2012 |
|                    | (dollars in thousands) |
| Impaired loans          | $ | (1,468 | ) |   | $ | (3,890 | ) |   | $ | (13,063 | ) |   | $ | (7,352 | ) |
| Other real estate owned | (90 | ) |   | (366 | ) |   | (188 | ) |   | (523 | ) |
| Total losses            | $ | (1,558 | ) |   | $ | (4,256 | ) |   | $ | (13,251 | ) |   | $ | (7,875 | ) |

----

|                               |
|-------------------------------|
|                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                          | September 30, 2013 |
|                          |   |   | Fair Value Measurements Using: |
|                          | CarryingAmount |   | Total |   | Level 1 |   | Level 2 |   | Level 3 |
|                          | (dollars in thousands) |
| Financial assets              |   |   |   |   |   |   |   |   |   |
| Cash and due from banks       | $ | 88,179 |  |   | $ | 88,179 |  |   | $ | 88,179 |  |   | $ | — |  |   | $ | — |  |
| Interest-bearing deposits     | 5,077 |  |   | 5,077 |  |   | 5,077 |  |   | — |  |   | — |  |
| Securities available for sale | 1,291,063 |  |   | 1,291,063 |  |   | — |  |   | 1,264,186 |  |   | 26,877 |  |
| Other investments             | 33,704 |  |   | 33,704 |  |   | — |  |   | 33,704 |  |   | — |  |
| Loans                         | 4,240,004 |  |   | 4,290,985 |  |   | — |  |   | 48,673 |  |   | 4,242,312 |  |
| Financial liabilities         |   |   |   |   |   |   |   |   |   |
| Deposits                      | 4,617,801 |  |   | 4,548,409 |  |   | — |  |   | 4,548,409 |  |   | — |  |
| Short-term borrowings         | 551,628 |  |   | 551,619 |  |   | — |  |   | 551,619 |  |   | — |  |
| Long-term debt                | 144,501 |  |   | 145,654 |  |   | — |  |   | 145,654 |  |   | — |  |
| Subordinated debt             | 72,167 |  |   | 48,033 |  |   | — |  |   | — |  |   | 48,033 |  |

----

|                               |
|-------------------------------|
|                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                          | December 31, 2012 |
|                          |   |   | Fair Value Measurements Using: |
|                          | CarryingAmount |   | Total |   | Level 1 |   | Level 2 |   | Level 3 |
|                          | (dollars in thousands) |
| Financial assets              |   |   |   |   |   |   |   |   |   |
| Cash and due from banks       | $ | 98,724 |  |   | $ | 98,724 |  |   | $ | 98,724 |  |   | $ | — |  |   | $ | — |  |
| Interest-bearing deposits     | 4,258 |  |   | 4,258 |  |   | 4,258 |  |   | — |  |   | — |  |
| Securities available for sale | 1,171,303 |  |   | 1,171,303 |  |   | 555 |  |   | 1,145,955 |  |   | 24,793 |  |
| Other investments             | 28,228 |  |   | 28,228 |  |   | — |  |   | 28,228 |  |   | — |  |
| Loans                         | 4,204,704 |  |   | 4,245,114 |  |   | — |  |   | 82,949 |  |   | 4,162,165 |  |
| Financial liabilities         |   |   |   |   |   |   |   |   |   |
| Deposits                      | 4,557,881 |  |   | 4,493,764 |  |   | — |  |   | 4,493,764 |  |   | — |  |
| Short-term borrowings         | 356,227 |  |   | 356,221 |  |   | — |  |   | 356,221 |  |   | — |  |
| Long-term debt                | 174,471 |  |   | 176,178 |  |   | — |  |   | 176,178 |  |   | — |  |
| Subordinated debt             | 105,750 |  |   | 76,735 |  |   | — |  |   | — |  |   | 76,735 |  |

|                                                         |
|---------------------------------------------------------|
|                                                         |  |  |  |  |  |  |  |
|                                                    | September 30, 2013 |   | December 31, 2012 |
|                                                    | (dollars in thousands) |
| Credit value adjustment                                 | $ | (78 | ) |   | $ | (2,207 | ) |
| Notional Amount:                                        |   |   |   |
| Interest rate derivatives                               | 268,738 |  |   | 223,448 |  |
| Risk participation agreements                           | 84,758 |  |   | 71,390 |  |
| Sold credit protection on risk participation agreements | (19,274 | ) |   | — |  |

----

|                                        |
|----------------------------------------|
|                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                   | For the Three-Months Ended September 30 |   | For the Nine-Months Ended September 30 |
|                                   | 2013 |   | 2012 |   | 2013 |   | 2012 |
|                                   | (dollars in thousands) |
| Non-hedging interest rate derivatives: |   |   |   |   |   |   |   |
| Increase in other income               | $ | 206 |  |   | $ | 375 |  |   | $ | 1,273 |  |   | $ | 1,126 |  |

----

Table of Contents

|         |                                                                                                                                                                                                                                         |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | continued weakness in economic and business conditions, both nationally and in our markets, which could cause deterioration in credit quality, a further reduction in demand for credit and/or a further decline in real estate values; |

|         |                                                                           |
|---------|---------------------------------------------------------------------------|
| • | prolonged low interest rates, which could reduce our net interest margin; |

|         |                                                                                                                                                      |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | increases in defaults by borrowers and other delinquencies, which could result in increases in our provision for credit losses and related expenses; |

|         |                                                                                                                                                                              |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | further declines in the market value of investment securities that are considered to be other-than-temporary, which would negatively impact our earnings and capital levels; |

|         |                                                                                                                                                                        |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | cyber-attacks and fraud, which could disrupt our systems and services, breach the privacy of our customer and business information or result in loss of client assets; |

|         |                                                                                                                                                                        |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | further declines in the valuations of real estate, which could negatively affect the creditworthiness of our borrowers and the value of collateral securing our loans; |

|         |                                                                                                                                          |
|---------|------------------------------------------------------------------------------------------------------------------------------------------|
| • | the assumptions used in calculating the appropriate amount to be placed into our allowance for credit losses may prove to be inaccurate; |

|         |                                                                                                                                |
|---------|--------------------------------------------------------------------------------------------------------------------------------|
| • | restrictions or conditions imposed by our regulators on our operations may make it more difficult for us to achieve our goals; |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                      |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | legislative and regulatory changes, including the impact of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Consumer Financial Protection Bureau, the capital ratios of Basel III as adopted by federal banking authorities and related regulations, subject us to additional regulatory oversight which may result in increased compliance costs and/or require us to change our business model; |

|         |                                                                                                                                          |
|---------|------------------------------------------------------------------------------------------------------------------------------------------|
| • | changes in accounting standards and compliance requirements may have an adverse affect on our operating results and financial condition; |

|         |                                                                                                                                                                                                                                                             |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | competitive pressures among depository and other financial institutions, some of which may have greater financial resources or more attractive product or service offerings, may adversely affect growth or profitability of our products and services; and |

|         |                                                                                                                                                                                                 |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | other risks and uncertainties described in this report and in the other reports that we file with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K. |

----

----

|                                                                           |
|---------------------------------------------------------------------------|
|                                                                           |  |  |  |  |  |  |
|                                                                      | 2013 | 2012 |
|                                                                      | (dollars in thousands) |
| Interest income per Condensed Consolidated Statements of Income           | $ | 155,050 |  | $ | 165,208 |  |
| Adjustment to fully taxable equivalent basis                              | 3,084 |  | 3,361 |  |
| Interest income adjusted to fully taxable equivalent basis (non-GAAP)     | 158,134 |  | 168,569 |  |
| Interest expense                                                          | 16,705 |  | 23,470 |  |
| Net interest income adjusted to fully taxable equivalent basis (non-GAAP) | $ | 141,429 |  | $ | 145,099 |  |

----

|                                                                 |
|-----------------------------------------------------------------|
|                                                                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                            | 2013 | 2012 |
|                                                            | AverageBalance | Income /Expense (a) | YieldorRate | AverageBalance | Income /Expense (a) | YieldorRate |
|                                                            | (dollars in thousands) |
| Assets                                                          |   |   |   |   |   |   |
| Interest-earning assets:                                        |   |   |   |   |   |   |
| Interest-bearing deposits with banks                            | $ | 3,311 |  | $ | 5 |  | 0.20 | % | $ | 4,458 |  | $ | 4 |  | 0.12 | % |
| Tax-free investment securities (e)                              | 84 |  | 4 |  | 7.39 |  | 333 |  | 17 |  | 6.83 |  |
| Taxable investment securities                                   | 1,295,743 |  | 22,864 |  | 2.36 |  | 1,184,948 |  | 24,406 |  | 2.75 |  |
| Loans, net of unearned income (b)(c)                            | 4,248,048 |  | 135,261 |  | 4.26 |  | 4,148,937 |  | 144,142 |  | 4.64 |  |
| Total interest-earning assets                                   | 5,547,186 |  | 158,134 |  | 3.81 |  | 5,338,676 |  | 168,569 |  | 4.22 |  |
| Noninterest-earning assets:                                     |   |   |   |   |   |   |
| Cash                                                            | 72,008 |  |   |   | 74,553 |  |   |   |
| Allowance for credit losses                                     | (64,378 | ) |   |   | (64,438 | ) |   |   |
| Other assets                                                    | 567,009 |  |   |   | 583,768 |  |   |   |
| Total noninterest-earning assets                                | 574,639 |  |   |   | 593,883 |  |   |   |
| Total Assets                                                    | $ | 6,121,825 |  |   |   | $ | 5,932,559 |  |   |   |
| Liabilities and Shareholders’ Equity                      |   |   |   |   |   |   |
| Interest-bearing liabilities:                                   |   |   |   |   |   |   |
| Interest-bearing demand deposits (d)                            | $ | 675,498 |  | $ | 184 |  | 0.04 | % | $ | 643,396 |  | $ | 222 |  | 0.05 | % |
| Savings deposits (d)                                            | 1,939,660 |  | 2,326 |  | 0.16 |  | 1,909,777 |  | 3,276 |  | 0.23 |  |
| Time deposits                                                   | 1,167,593 |  | 9,438 |  | 1.08 |  | 1,156,689 |  | 13,446 |  | 1.55 |  |
| Short-term borrowings                                           | 450,219 |  | 869 |  | 0.26 |  | 414,451 |  | 817 |  | 0.26 |  |
| Long-term debt                                                  | 239,166 |  | 3,888 |  | 2.17 |  | 190,720 |  | 5,709 |  | 4.00 |  |
| Total interest-bearing liabilities                              | 4,472,136 |  | 16,705 |  | 0.50 |  | 4,315,033 |  | 23,470 |  | 0.73 |  |
| Noninterest-bearing liabilities and shareholders’ equity: |   |   |   |   |   |   |
| Noninterest-bearing demand deposits (d)                         | 869,526 |  |   |   | 795,443 |  |   |   |
| Other liabilities                                               | 48,020 |  |   |   | 51,627 |  |   |   |
| Shareholders’ equity                                      | 732,143 |  |   |   | 770,456 |  |   |   |
| Total noninterest-bearing funding sources                       | 1,649,689 |  |   |   | 1,617,526 |  |   |   |
| Total Liabilities and Shareholders’ Equity                | $ | 6,121,825 |  |   |   | $ | 5,932,559 |  |   |   |
| Net Interest Income and Net Yield on Interest-Earning Assets    |   | $ | 141,429 |  | 3.41 | % |   | $ | 145,099 |  | 3.63 | % |

|     |                                                                                                                                          |
|-----|------------------------------------------------------------------------------------------------------------------------------------------|
| (a) | Income on interest-earning assets has been computed on a fully taxable equivalent basis using the 35% federal income tax statutory rate. |

|     |                                                                                                                               |
|-----|-------------------------------------------------------------------------------------------------------------------------------|
| (b) | Income on nonaccrual loans is accounted for on the cash basis, and the loan balances are included in interest-earning assets. |

|     |                                        |
|-----|----------------------------------------|
| (c) | Loan income includes loan fees earned. |

|     |                                                                                                                                                                                             |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (d) | Average balances do not include reallocations from noninterest-bearing demand deposits and interest-bearing demand deposits into savings deposits, which were made for regulatory purposes. |

|     |                                                                                                                                                                                                           |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (e) | Yield on tax-free investment securities calculated using fully taxable equivalent interest income of $4,648 and $17,022 for the nine-months ended September 30, 2013 and 2012, respectively. |

----

|                                      |
|--------------------------------------|
|                                      |  |  |  |  |  |  |  |  |  |  |  |  |
|                                 |   | Analysis of Year-to-Year Changes in Net Interest Income |
|                                 |   | TotalChange |   | Change Due ToVolume |   | Change Due ToRate (a) |
|                                 |   | (dollars in thousands) |
| Interest-earning assets:             |   |   |   |   |   |   |
| Interest-bearing deposits with banks |   | $ | 1 |  |   | $ | (1 | ) |   | $ | 2 |  |
| Tax-free investment securities       |   | (13 | ) |   | (13 | ) |   | — |  |
| Taxable investment securities        |   | (1,542 | ) |   | 2,281 |  |   | (3,823 | ) |
| Loans                                |   | (8,881 | ) |   | 3,443 |  |   | (12,324 | ) |
| Total interest income (b)            |   | (10,435 | ) |   | 5,710 |  |   | (16,145 | ) |
| Interest-bearing liabilities:        |   |   |   |   |   |   |
| Interest-bearing demand deposits     |   | (38 | ) |   | 12 |  |   | (50 | ) |
| Savings deposits                     |   | (950 | ) |   | 51 |  |   | (1,001 | ) |
| Time deposits                        |   | (4,008 | ) |   | 127 |  |   | (4,135 | ) |
| Short-term borrowings                |   | 52 |  |   | 70 |  |   | (18 | ) |
| Long-term debt                       |   | (1,821 | ) |   | 1,451 |  |   | (3,272 | ) |
| Total interest expense               |   | (6,765 | ) |   | 1,711 |  |   | (8,476 | ) |
| Net interest income                  |   | $ | (3,670 | ) |   | $ | 3,999 |  |   | $ | (7,669 | ) |

|     |                                                                                                                                   |
|-----|-----------------------------------------------------------------------------------------------------------------------------------|
| (a) | Changes in interest income or expense not arising solely as a result of volume or rate variances are allocated to rate variances. |

|     |                                                                                                                                    |
|-----|------------------------------------------------------------------------------------------------------------------------------------|
| (b) | Changes in interest income have been computed on a fully taxable equivalent basis using the 35% federal income tax statutory rate. |

|                                               |
|-----------------------------------------------|
|                                               |  |  |  |  |  |  |  |  |  |  |  |
|                                          | 2013 |   | 2012 |
|                                          | Dollars | Percentage |   | Dollars | Percentage |
|                                          | (dollars in thousands) |
| Commercial, financial, agricultural and other | $ | 12,038 |  | 67 |  % |   | $ | 4,470 |  | 30 | % |
| Real estate construction                      | (1,865 | ) | (10 | ) |   | 4,341 |  | 29 |  |
| Residential real estate                       | 446 |  | 2 |  |   | 1,120 |  | 8 |  |
| Commercial real estate                        | 4,318 |  | 24 |  |   | 1,855 |  | 12 |  |
| Loans to individuals                          | 2,266 |  | 13 |  |   | 2,074 |  | 14 |  |
| Unallocated                                   | 808 |  | 4 |  |   | 978 |  | 7 |  |
| Total                                         | $ | 18,011 |  | 100 |  % |   | $ | 14,838 |  | 100 | % |

----

|                                               |
|-----------------------------------------------|
|                                               |  |  |  |  |  |  |  |  |  |  |  |  |
|                                          |   | September 30, 2013 |   | September 30, 2012 |   | December 31, 2012 |
|                                          |   | (dollars in thousands) |
| Balance, beginning of period                  |   | $ | 67,187 |  |   | $ | 61,234 |  |   | $ | 61,234 |  |
| Loans charged off:                            |   |   |   |   |   |   |
| Commercial, financial, agricultural and other |   | 17,302 |  |   | 4,939 |  |   | 5,207 |  |
| Real estate construction                      |   | 773 |  |   | 2,356 |  |   | 3,601 |  |
| Residential real estate                       |   | 1,400 |  |   | 2,984 |  |   | 3,828 |  |
| Commercial real estate                        |   | 10,051 |  |   | 638 |  |   | 851 |  |
| Loans to individuals                          |   | 2,669 |  |   | 2,494 |  |   | 3,482 |  |
| Total loans charged off                       |   | 32,195 |  |   | 13,411 |  |   | 16,969 |  |
| Recoveries of loans previously charged off:   |   |   |   |   |   |   |
| Commercial, financial, agricultural and other |   | 345 |  |   | 349 |  |   | 443 |  |
| Real estate construction                      |   | 140 |  |   | 121 |  |   | 582 |  |
| Residential real estate                       |   | 883 |  |   | 331 |  |   | 422 |  |
| Commercial real estate                        |   | 121 |  |   | 256 |  |   | 410 |  |
| Loans to individuals                          |   | 465 |  |   | 396 |  |   | 521 |  |
| Total recoveries                              |   | 1,954 |  |   | 1,453 |  |   | 2,378 |  |
| Net credit losses                             |   | 30,241 |  |   | 11,958 |  |   | 14,591 |  |
| Provision charged to expense                  |   | 18,011 |  |   | 14,838 |  |   | 20,544 |  |
| Balance, end of period                        |   | $ | 54,957 |  |   | $ | 64,114 |  |   | $ | 67,187 |  |

----

|                                            |
|--------------------------------------------|
|                                            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                       |   | 2013 |   | 2012 |   | $ Change |   | % Change |
|                                       |   | (dollars in thousands) |
| Noninterest Income:                        |   |   |   |   |   |   |   |   |
| Trust income                               |   | $ | 4,677 |  |   | $ | 4,780 |  |   | $ | (103 | ) |   | (2 | )% |
| Service charges on deposit accounts        |   | 11,443 |  |   | 10,975 |  |   | 468 |  |   | 4 |  |
| Insurance and retail brokerage commissions |   | 4,623 |  |   | 4,938 |  |   | (315 | ) |   | (6 | ) |
| Income from bank owned life insurance      |   | 4,219 |  |   | 4,369 |  |   | (150 | ) |   | (3 | ) |
| Card related interchange income            |   | 10,214 |  |   | 9,659 |  |   | 555 |  |   | 6 |  |
| Other income                               |   | 8,157 |  |   | 9,096 |  |   | (939 | ) |   | (10 | ) |
| Subtotal                                   |   | 43,333 |  |   | 43,817 |  |   | (484 | ) |   | (1 | ) |
| Net securities gains                       |   | 237 |  |   | 163 |  |   | 74 |  |   | 45 |  |
| Gain on sale of assets                     |   | 2,056 |  |   | 4,316 |  |   | (2,260 | ) |   | (52 | ) |
| Derivatives mark to market                 |   | 1,273 |  |   | 1,126 |  |   | 147 |  |   | 13 |  |
| Joint venture termination fee              |   | $ | — |  |   | $ | 1,909 |  |   | $ | (1,909 | ) |   | (100 | ) |
| Total noninterest income                   |   | $ | 46,899 |  |   | $ | 51,331 |  |   | $ | (4,432 | ) |   | (9 | )% |

----

|                                         |
|-----------------------------------------|
|                                         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                    |   | 2013 |   | 2012 |   | $ Change |   | % Change |
|                                    |   | (dollars in thousands) |
| Noninterest Expense:                    |   |   |   |   |   |   |   |   |
| Salaries and employee benefits          |   | $ | 64,288 |  |   | $ | 65,401 |  |   | $ | (1,113 | ) |   | (2 | )% |
| Net occupancy expense                   |   | 10,130 |  |   | 9,942 |  |   | 188 |  |   | 2 |  |
| Furniture and equipment expense         |   | 9,863 |  |   | 9,326 |  |   | 537 |  |   | 6 |  |
| Data processing expense                 |   | 4,511 |  |   | 5,346 |  |   | (835 | ) |   | (16 | ) |
| Pennsylvania shares tax expense         |   | 4,223 |  |   | 4,203 |  |   | 20 |  |   | — |  |
| Intangible amortization                 |   | 848 |  |   | 1,109 |  |   | (261 | ) |   | (24 | ) |
| Collection and repossession expense     |   | 2,862 |  |   | 4,650 |  |   | (1,788 | ) |   | (38 | ) |
| Other professional fees and services    |   | 2,795 |  |   | 3,167 |  |   | (372 | ) |   | (12 | ) |
| FDIC insurance                          |   | 3,312 |  |   | 3,757 |  |   | (445 | ) |   | (12 | ) |
| Other operating expenses                |   | 17,237 |  |   | 18,216 |  |   | (979 | ) |   | (5 | ) |
| Subtotal                                |   | 120,069 |  |   | 125,117 |  |   | (5,048 | ) |   | (4 | ) |
| Loss on sale or write-down of assets    |   | 1,009 |  |   | 4,215 |  |   | (3,206 | ) |   | (76 | ) |
| Loss on redemption of subordinated debt |   | 1,629 |  |   | — |  |   | 1,629 |  |   | N/A |  |
| Operational losses                      |   | 790 |  |   | 4,033 |  |   | (3,243 | ) |   | (80 | )% |
| Total noninterest expense               |   | $ | 123,497 |  |   | $ | 133,365 |  |   | $ | (9,868 | ) |   | (7 | )% |

----

----

|                                                                           |
|---------------------------------------------------------------------------|
|                                                                           |  |  |  |  |  |  |  |
|                                                                      | 2013 |   | 2012 |
|                                                                      | (dollars in thousands) |
| Interest income per Condensed Consolidated Statements of Income           | $ | 52,308 |  |   | $ | 53,880 |  |
| Adjustment to fully taxable equivalent basis                              | 1,026 |  |   | 1,054 |  |
| Interest income adjusted to fully taxable equivalent basis (non-GAAP)     | 53,334 |  |   | 54,934 |  |
| Interest expense                                                          | 5,079 |  |   | 7,230 |  |
| Net interest income adjusted to fully taxable equivalent basis (non-GAAP) | $ | 48,255 |  |   | $ | 47,704 |  |

----

|                                                                 |
|-----------------------------------------------------------------|
|                                                                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                            |   | 2013 |   | 2012 |
|                                                            |   | AverageBalance |   | Income /Expense (a) |   | YieldorRate |   | AverageBalance |   | Income /Expense (a) |   | YieldorRate |
|                                                            |   | (dollars in thousands) |
| Assets                                                          |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest-earning assets:                                        |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest-bearing deposits with banks                            |   | $ | 3,629 |  |   | $ | 2 |  |   | 0.22 | % |   | $ | 6,193 |  |   | $ | 2 |  |   | 0.13 | % |
| Tax-free investment securities (e)                              |   | 83 |  |   | 2 |  |   | 7.36 |  |   | 92 |  |   | 2 |  |   | 6.77 |  |
| Taxable investment securities                                   |   | 1,323,944 |  |   | 8,370 |  |   | 2.51 |  |   | 1,169,191 |  |   | 7,538 |  |   | 2.56 |  |
| Loans, net of unearned income (b)(c)                            |   | 4,258,372 |  |   | 44,960 |  |   | 4.19 |  |   | 4,186,446 |  |   | 47,392 |  |   | 4.50 |  |
| Total interest-earning assets                                   |   | 5,586,028 |  |   | 53,334 |  |   | 3.79 |  |   | 5,361,922 |  |   | 54,934 |  |   | 4.08 |  |
| Noninterest-earning assets:                                     |   |   |   |   |   |   |   |   |   |   |   |   |
| Cash                                                            |   | 72,255 |  |   |   |   |   |   | 75,512 |  |   |   |   |   |
| Allowance for credit losses                                     |   | (60,061 | ) |   |   |   |   |   | (64,902 | ) |   |   |   |   |
| Other assets                                                    |   | 564,547 |  |   |   |   |   |   | 578,344 |  |   |   |   |   |
| Total noninterest-earning assets                                |   | 576,741 |  |   |   |   |   |   | 588,954 |  |   |   |   |   |
| Total Assets                                                    |   | $ | 6,162,769 |  |   |   |   |   |   | $ | 5,950,876 |  |   |   |   |   |
| Liabilities and Shareholders’ Equity                      |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest-bearing liabilities:                                   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest-bearing demand deposits (d)                            |   | $ | 670,813 |  |   | $ | 54 |  |   | 0.03 | % |   | $ | 657,272 |  |   | $ | 64 |  |   | 0.04 | % |
| Savings deposits (d)                                            |   | 1,937,436 |  |   | 645 |  |   | 0.13 |  |   | 1,872,828 |  |   | 977 |  |   | 0.21 |  |
| Time deposits                                                   |   | 1,144,766 |  |   | 3,051 |  |   | 1.06 |  |   | 1,101,991 |  |   | 4,013 |  |   | 1.45 |  |
| Short-term borrowings                                           |   | 547,393 |  |   | 362 |  |   | 0.26 |  |   | 485,754 |  |   | 311 |  |   | 0.25 |  |
| Long-term debt                                                  |   | 216,733 |  |   | 967 |  |   | 1.77 |  |   | 181,038 |  |   | 1,865 |  |   | 4.10 |  |
| Total interest-bearing liabilities                              |   | 4,517,141 |  |   | 5,079 |  |   | 0.45 |  |   | 4,298,883 |  |   | 7,230 |  |   | 0.67 |  |
| Noninterest-bearing liabilities and shareholders’ equity: |   |   |   |   |   |   |   |   |   |   |   |   |
| Noninterest-bearing demand deposits (d)                         |   | 885,346 |  |   |   |   |   |   | 824,784 |  |   |   |   |   |
| Other liabilities                                               |   | 47,932 |  |   |   |   |   |   | 53,823 |  |   |   |   |   |
| Shareholders’ equity                                      |   | 712,350 |  |   |   |   |   |   | 773,386 |  |   |   |   |   |
| Total noninterest-bearing funding sources                       |   | 1,645,628 |  |   |   |   |   |   | 1,651,993 |  |   |   |   |   |
| Total Liabilities and Shareholders’ Equity                |   | $ | 6,162,769 |  |   |   |   |   |   | $ | 5,950,876 |  |   |   |   |   |
| Net Interest Income and Net Yield on Interest-Earning Assets    |   |   |   | $ | 48,255 |  |   | 3.43 | % |   |   |   | $ | 47,704 |  |   | 3.54 | % |

|     |                                                                                                                                          |
|-----|------------------------------------------------------------------------------------------------------------------------------------------|
| (a) | Income on interest-earning assets has been computed on a fully taxable equivalent basis using the 35% federal income tax statutory rate. |

|     |                                                                                                                               |
|-----|-------------------------------------------------------------------------------------------------------------------------------|
| (b) | Income on nonaccrual loans is accounted for on the cash basis, and the loan balances are included in interest-earning assets. |

|     |                                        |
|-----|----------------------------------------|
| (c) | Loan income includes loan fees earned. |

|     |                                                                                                                                                                                             |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (d) | Average balances do not include reallocations from noninterest-bearing demand deposits and interest-bearing demand deposits into savings deposits, which were made for regulatory purposes. |

|     |                                                                                                                                                                                                       |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (e) | Yield on tax-free investment securities calculated using fully taxable equivalent interest income of $1,535 and $1,566 for the three months ended September 30, 2013 and 2012, respectively. |

----

|                                      |
|--------------------------------------|
|                                      |  |  |  |  |  |  |  |  |  |  |  |  |
|                                 |   | Analysis of Year-to-Year Changes in Net Interest Income |
|                                 |   | TotalChange |   | Change Due ToVolume |   | Change Due ToRate (a) |
|                                 |   | (dollars in thousands) |
| Interest-earning assets:             |   |   |   |   |   |   |
| Interest-bearing deposits with banks |   | $ | — |  |   | $ | (1 | ) |   | $ | 1 |  |
| Tax-free investment securities       |   | — |  |   | — |  |   | — |  |
| Taxable investment securities        |   | 832 |  |   | 996 |  |   | (164 | ) |
| Loans                                |   | (2,432 | ) |   | 814 |  |   | (3,246 | ) |
| Total interest income (b)            |   | (1,600 | ) |   | 1,809 |  |   | (3,409 | ) |
| Interest-bearing liabilities:        |   |   |   |   |   |   |
| Interest-bearing demand deposits     |   | (10 | ) |   | 1 |  |   | (11 | ) |
| Savings deposits                     |   | (332 | ) |   | 34 |  |   | (366 | ) |
| Time deposits                        |   | (962 | ) |   | 156 |  |   | (1,118 | ) |
| Short-term borrowings                |   | 51 |  |   | 39 |  |   | 12 |  |
| Long-term debt                       |   | (898 | ) |   | 368 |  |   | (1,266 | ) |
| Total interest expense               |   | (2,151 | ) |   | 598 |  |   | (2,749 | ) |
| Net interest income                  |   | $ | 551 |  |   | $ | 1,211 |  |   | $ | (660 | ) |

|     |                                                                                                                                   |
|-----|-----------------------------------------------------------------------------------------------------------------------------------|
| (a) | Changes in interest income or expense not arising solely as a result of volume or rate variances are allocated to rate variances. |

|     |                                                                                                                                    |
|-----|------------------------------------------------------------------------------------------------------------------------------------|
| (b) | Changes in interest income have been computed on a fully taxable equivalent basis using the 35% federal income tax statutory rate. |

|                                               |
|-----------------------------------------------|
|                                               |  |  |  |  |  |  |  |  |  |  |  |
|                                          | 2013 |   | 2012 |
|                                          | Dollars | Percentage |   | Dollars | Percentage |
|                                          | (dollars in thousands) |
| Commercial, financial, agricultural and other | $ | 1,358 |  | 50 |  % |   | $ | (25 | ) | — |  % |
| Real estate construction                      | (1,879 | ) | (69 | ) |   | 2,848 |  | 42 |  |
| Residential real estate                       | 84 |  | 3 |  |   | 566 |  | 8 |  |
| Commercial real estate                        | 1,501 |  | 55 |  |   | 2,823 |  | 42 |  |
| Loans to individuals                          | 838 |  | 31 |  |   | 635 |  | 9 |  |
| Unallocated                                   | 812 |  | 30 |  |   | (93 | ) | (1 | ) |
| Total                                         | $ | 2,714 |  | 100 |  % |   | $ | 6,754 |  | 100 |  % |

----

|                                               |
|-----------------------------------------------|
|                                               |  |  |  |  |  |  |  |  |  |  |  |  |
|                                          |   | September 30, 2013 |   | September 30, 2012 |   | June 30, 2013 |
|                                          |   | (dollars in thousands) |
| Balance, beginning of period                  |   | $ | 57,452 |  |   | $ | 61,676 |  |   | $ | 62,262 |  |
| Loans charged off:                            |   |   |   |   |   |   |
| Commercial, financial, agricultural and other |   | 3,081 |  |   | 1,271 |  |   | 13,683 |  |
| Real estate construction                      |   | 18 |  |   | 2,016 |  |   | 671 |  |
| Residential real estate                       |   | 757 |  |   | 530 |  |   | 321 |  |
| Commercial real estate                        |   | 813 |  |   | 97 |  |   | 694 |  |
| Loans to individuals                          |   | 914 |  |   | 756 |  |   | 767 |  |
| Total loans charged off                       |   | 5,583 |  |   | 4,670 |  |   | 16,136 |  |
| Recoveries of loans previously charged off:   |   |   |   |   |   |   |
| Commercial, financial, agricultural and other |   | 81 |  |   | 74 |  |   | 136 |  |
| Real estate construction                      |   | 81 |  |   | 29 |  |   | 47 |  |
| Residential real estate                       |   | 71 |  |   | 49 |  |   | 89 |  |
| Commercial real estate                        |   | 13 |  |   | 70 |  |   | 11 |  |
| Loans to individuals                          |   | 128 |  |   | 132 |  |   | 243 |  |
| Total recoveries                              |   | 374 |  |   | 354 |  |   | 526 |  |
| Net credit losses                             |   | 5,209 |  |   | 4,316 |  |   | 15,610 |  |
| Provision charged to expense                  |   | 2,714 |  |   | 6,754 |  |   | 10,800 |  |
| Balance, end of period                        |   | $ | 54,957 |  |   | $ | 64,114 |  |   | $ | 57,452 |  |

|                                            |
|--------------------------------------------|
|                                            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                       |   | 2013 |   | 2012 |   | $ Change |   | % Change |
|                                       |   | (dollars in thousands) |
| Noninterest Income:                        |   |   |   |   |   |   |   |   |
| Trust income                               |   | $ | 1,406 |  |   | $ | 1,631 |  |   | $ | (225 | ) |   | (14 | )% |
| Service charges on deposit accounts        |   | 4,227 |  |   | 3,736 |  |   | 491 |  |   | 13 |  |
| Insurance and retail brokerage commissions |   | 1,822 |  |   | 1,844 |  |   | (22 | ) |   | (1 | ) |
| Income from bank owned life insurance      |   | 1,359 |  |   | 1,465 |  |   | (106 | ) |   | (7 | ) |
| Card related interchange income            |   | 3,536 |  |   | 3,260 |  |   | 276 |  |   | 8 |  |
| Other income                               |   | 2,942 |  |   | 2,715 |  |   | 227 |  |   | 8 |  |
| Subtotal                                   |   | 15,292 |  |   | 14,651 |  |   | 641 |  |   | 4 |  |
| Net securities gains                       |   | 229 |  |   | 163 |  |   | 66 |  |   | 40 |  |
| Gain on sale of assets                     |   | 1,356 |  |   | 757 |  |   | 599 |  |   | 79 |  |
| Derivatives mark to market                 |   | 206 |  |   | 375 |  |   | (169 | ) |   | (45 | ) |
| Joint venture termination fee              |   | $ | — |  |   | $ | 1,909 |  |   | $ | (1,909 | ) |   | (100 | )% |
| Total noninterest income                   |   | $ | 17,083 |  |   | $ | 17,855 |  |   | $ | (772 | ) |   | (4 | )% |

----

|                                      |
|--------------------------------------|
|                                      |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                 |   | 2013 |   | 2012 |   | $ Change |   | % Change |
|                                 |   | (dollars in thousands) |
| Noninterest Expense:                 |   |   |   |   |   |   |   |   |
| Salaries and employee benefits       |   | $ | 20,998 |  |   | $ | 21,280 |  |   | $ | (282 | ) |   | (1 | )% |
| Net occupancy expense                |   | 3,274 |  |   | 3,235 |  |   | 39 |  |   | 1 |  |
| Furniture and equipment expense      |   | 3,294 |  |   | 3,118 |  |   | 176 |  |   | 6 |  |
| Data processing expense              |   | 1,492 |  |   | 1,987 |  |   | (495 | ) |   | (25 | ) |
| Pennsylvania shares tax expense      |   | 1,516 |  |   | 1,510 |  |   | 6 |  |   | — |  |
| Intangible amortization              |   | 193 |  |   | 367 |  |   | (174 | ) |   | (47 | ) |
| Collection and repossession expense  |   | 860 |  |   | 1,281 |  |   | (421 | ) |   | (33 | ) |
| Other professional fees and services |   | 878 |  |   | 1,028 |  |   | (150 | ) |   | (15 | ) |
| FDIC insurance                       |   | 1,178 |  |   | 1,258 |  |   | (80 | ) |   | (6 | ) |
| Other operating expenses             |   | 5,645 |  |   | 5,618 |  |   | 27 |  |   | — |  |
| Subtotal                             |   | 39,328 |  |   | 40,682 |  |   | (1,354 | ) |   | (3 | ) |
| Loss on sale or write-down of assets |   | 479 |  |   | 426 |  |   | 53 |  |   | 12 |  |
| Operational losses                   |   | 238 |  |   | 3,657 |  |   | (3,419 | ) |   | (93 | ) |
| Total noninterest expense            |   | $ | 40,045 |  |   | $ | 44,765 |  |   | $ | (4,720 | ) |   | (11 | )% |

----

|                                     |
|-------------------------------------|
|                                     |  |  |  |  |  |  |  |  |
|                                |   | September 30, 2013 |   | December 31, 2012 |
|                                |   | (dollars in thousands) |
| Noninterest-bearing demand deposits |   | $ | 908,436 |  |   | $ | 883,269 |  |
| Interest-bearing demand deposits    |   | 96,587 |  |   | 97,963 |  |
| Savings deposits                    |   | 2,491,315 |  |   | 2,543,990 |  |
| Time deposits                       |   | 1,121,463 |  |   | 1,032,659 |  |
| Total                               |   | $ | 4,617,801 |  |   | $ | 4,557,881 |  |

----

|                                             |
|---------------------------------------------|
|                                             |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                        |   | September 30, 2013 |
|                                        |   | 0-90 Days |   | 91-180Days |   | 181-365Days |   | Cumulative0-365 Days |   | Over 1 YearThrough 5Years |   | Over 5Years |
|                                        |   | (dollars in thousands) |
| Loans                                       |   | $ | 1,975,004 |  |   | $ | 170,816 |  |   | $ | 340,574 |  |   | $ | 2,486,394 |  |   | $ | 1,398,196 |  |   | $ | 293,430 |  |
| Investments                                 |   | 77,482 |  |   | 93,613 |  |   | 138,225 |  |   | 309,320 |  |   | 605,667 |  |   | 400,212 |  |
| Other interest-earning assets               |   | 5,077 |  |   | — |  |   | — |  |   | 5,077 |  |   | — |  |   | — |  |
| Total interest-sensitive assets (ISA)       |   | 2,057,563 |  |   | 264,429 |  |   | 478,799 |  |   | 2,800,791 |  |   | 2,003,863 |  |   | 693,642 |  |
| Certificates of Deposit                     |   | 359,377 |  |   | 117,427 |  |   | 239,486 |  |   | 716,290 |  |   | 397,103 |  |   | 8,070 |  |
| Other deposits                              |   | 2,587,902 |  |   | — |  |   | — |  |   | 2,587,902 |  |   | — |  |   | — |  |
| Borrowings                                  |   | 623,910 |  |   | 117 |  |   | 32,684 |  |   | 656,711 |  |   | 106,168 |  |   | 5,417 |  |
| Total interest-sensitive liabilitites (ISL) |   | 3,571,189 |  |   | 117,544 |  |   | 272,170 |  |   | 3,960,903 |  |   | 503,271 |  |   | 13,487 |  |
| Gap                                         |   | $ | (1,513,626 | ) |   | $ | 146,885 |  |   | $ | 206,629 |  |   | $ | (1,160,112 | ) |   | $ | 1,500,592 |  |   | $ | 680,155 |  |
| ISA/ISL                                     |   | 0.58 |  |   | 2.25 |  |   | 1.76 |  |   | 0.71 |  |   | 3.98 |  |   | 51.43 |  |
| Gap/Total assets                            |   | 24.61 | % |   | 2.39 | % |   | 3.36 | % |   | 18.86 | % |   | 24.40 | % |   | 11.06 | % |

|                                             |
|---------------------------------------------|
|                                             |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                        |   | December 31, 2012 |
|                                        |   | 0-90 Days |   | 91-180Days |   | 181-365Days |   | Cumulative0-365 Days |   | Over 1 YearThrough 5Years |   | Over 5Years |
|                                        |   | (dollars in thousands) |
| Loans                                       |   | $ | 1,950,002 |  |   | $ | 222,705 |  |   | $ | 297,530 |  |   | $ | 2,470,237 |  |   | $ | 1,436,472 |  |   | $ | 203,477 |  |
| Investments                                 |   | 61,914 |  |   | 78,904 |  |   | 142,411 |  |   | 283,229 |  |   | 579,320 |  |   | 328,546 |  |
| Other interest-earning assets               |   | 4,258 |  |   | — |  |   | — |  |   | 4,258 |  |   | — |  |   | — |  |
| Total interest-sensitive assets (ISA)       |   | 2,016,174 |  |   | 301,609 |  |   | 439,941 |  |   | 2,757,724 |  |   | 2,015,792 |  |   | 532,023 |  |
| Certificates of Deposit                     |   | 208,096 |  |   | 176,556 |  |   | 126,490 |  |   | 511,142 |  |   | 512,040 |  |   | 9,477 |  |
| Other deposits                              |   | 2,641,953 |  |   | — |  |   | — |  |   | 2,641,953 |  |   | — |  |   | — |  |
| Borrowings                                  |   | 428,545 |  |   | 29,703 |  |   | 230 |  |   | 458,478 |  |   | 138,652 |  |   | 39,318 |  |
| Total interest-sensitive liabilitites (ISL) |   | 3,278,594 |  |   | 206,259 |  |   | 126,720 |  |   | 3,611,573 |  |   | 650,692 |  |   | 48,795 |  |
| Gap                                         |   | $ | (1,262,420 | ) |   | $ | 95,350 |  |   | $ | 313,221 |  |   | $ | (853,849 | ) |   | $ | 1,365,100 |  |   | $ | 483,228 |  |
| ISA/ISL                                     |   | 0.61 |  |   | 1.46 |  |   | 3.47 |  |   | 0.76 |  |   | 3.10 |  |   | 10.90 |  |
| Gap/Total assets                            |   | 21.06 | % |   | 1.59 | % |   | 5.23 | % |   | 14.24 | % |   | 22.77 | % |   | 8.06 | % |

----

|                         |
|-------------------------|
|                         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                    |   | Net interest income change (12 months) |
|                    |   | -200 |   | -100 |   | +100 |   | +200 |
|                    |   | (dollars in thousands) |
| September 30, 2013 |   | $ | (8,563 | ) |   | $ | (4,394 | ) |   | $ | (703 | ) |   | $ | (513 | ) |
| December 31, 2012  |   | (8,204 | ) |   | (4,767 | ) |   | 459 |  |   | 2,153 |  |

----

|                                                                                |
|--------------------------------------------------------------------------------|
|                                                                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                           |   | September 30 |   |   |   | December 31, 2012 |   |   |
|                                                                           |   | 2013 |   |   |   | 2012 |   |   |   |
|                                                                           |   | (dollars in thousands) |   |   |
| Nonperforming Loans:                                                           |   |   |   |   |
| Loans on nonaccrual basis                                                      |   | $ | 42,122 |  |   |    |   | $ | 40,704 |  |   |  |   | $ | 43,539 |  |   |    |
| Troubled debt restructured loans on nonaccrual basis                           |   | 17,807 |  |   |    |   | 46,026 |  |   |    |   | 50,979 |  |   |    |
| Troubled debt restructured loans on accrual basis                              |   | 11,290 |  |   |    |   | 7,176 |  |   |    |   | 13,037 |  |   |    |
| Total nonperforming loans                                                      |   | $ | 71,219 |  |   |    |   | $ | 93,906 |  |   |    |   | $ | 107,555 |  |   |    |
| Loans past due in excess of 90 days and still accruing                         |   | $ | 2,364 |  |   |    |   | $ | 2,998 |  |   |    |   | $ | 2,447 |  |   |    |
| Other real estate owned                                                        |   | $ | 9,656 |  |   |    |   | $ | 16,016 |  |   |    |   | $ | 11,262 |  |   |    |
| Loans outstanding at end of period                                             |   | $ | 4,240,004 |  |   |    |   | $ | 4,214,299 |  |   |  |   | $ | 4,204,704 |  |   |    |
| Average loans outstanding                                                      |   | $ | 4,248,048 |  |   | (a)  |   | $ | 4,148,937 |  |   | (a)  |   | $ | 4,165,292 |  |   | (b)  |
| Nonperforming loans as a percentage of total loans                             |   | 1.68 | % |   |   |   | 2.23 | % |   |   |   | 2.56 | % |   |   |
| Provision for credit losses                                                    |   | $ | 18,011 |  |   | (a)  |   | $ | 14,838 |  |   | (a)  |   | $ | 20,544 |  |   | (b)  |
| Allowance for credit losses                                                    |   | $ | 54,957 |  |   |    |   | $ | 64,114 |  |   |    |   | $ | 67,187 |  |   |    |
| Net charge-offs                                                                |   | $ | 30,241 |  |   | (a)  |   | $ | 11,958 |  |   | (a)  |   | $ | 14,591 |  |   | (b)  |
| Net charge-offs as a percentage of average loans outstanding (annualized)      |   | 0.95 | % |   |   |   | 0.38 | % |   |   |   | 0.35 | % |   |   |
| Provision for credit losses as a percentage of net charge-offs                 |   | 59.56 | % |   | (a)  |   | 124.08 | % |   | (a)  |   | 140.80 | % |   | (b)  |
| Allowance for credit losses as a percentage of end-of-period loans outstanding |   | 1.30 | % |   |   |   | 1.52 | % |   |   |   | 1.60 | % |   |   |
| Allowance for credit losses as a percentage of nonperforming loans             |   | 77.17 | % |   |   |   | 68.27 | % |   |   |   | 62.47 | % |   |   |

|     |                                  |
|-----|----------------------------------|
| (a) | For the nine-month period ended. |

|     |                                    |
|-----|------------------------------------|
| (b) | For the twelve-month period ended. |

----

|                                               |
|-----------------------------------------------|
|                                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                          |   | September 30, 2013 |   | December 31, 2012 |
|                                          |   | Amount |   | % |   | Amount |   | % |
|                                          |   | (dollars in thousands) |
| Commercial, financial, agricultural and other |   | $ | 1,008,316 |  |   | 24 | % |   | $ | 1,019,822 |  |   | 24 | % |
| Real estate construction                      |   | 74,025 |  |   | 2 |  |   | 87,438 |  |   | 2 |  |
| Residential real estate                       |   | 1,280,990 |  |   | 30 |  |   | 1,241,565 |  |   | 30 |  |
| Commercial real estate                        |   | 1,272,366 |  |   | 30 |  |   | 1,273,661 |  |   | 30 |  |
| Loans to individuals                          |   | 604,307 |  |   | 14 |  |   | 582,218 |  |   | 14 |  |
| Total loans and leases net of unearned income |   | $ | 4,240,004 |  |   | 100 | % |   | $ | 4,204,704 |  |   | 100 | % |

|                                               |
|-----------------------------------------------|
|                                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                          |   | For the Nine-Months Ended September 30, 2013 |   | As of September 30, 2013 |
|                                          |   | NetCharge-offs |   | % ofTotal NetCharge-offs |   | Net Charge-offs as a % ofAverageLoans (annualized) |   | NonperformingLoans |   | % of TotalNonperformingLoans |   | NonperformingLoans as a % ofTotal Loans |
|                                          |   | (dollars in thousands) |
| Commercial, financial, agricultural and other |   | $ | 16,957 |  |   | 56.07 | % |   | 0.53 | % |   | $ | 26,739 |  |   | 37.55 | % |   | 0.63 | % |
| Real estate construction                      |   | 633 |  |   | 2.09 |  |   | 0.02 |  |   | 4,117 |  |   | 5.78 |  |   | 0.10 |  |
| Residential real estate                       |   | 517 |  |   | 1.71 |  |   | 0.02 |  |   | 12,899 |  |   | 18.11 |  |   | 0.30 |  |
| Commercial real estate                        |   | 9,930 |  |   | 32.84 |  |   | 0.31 |  |   | 27,207 |  |   | 38.20 |  |   | 0.64 |  |
| Loans to individuals                          |   | 2,204 |  |   | 7.29 |  |   | 0.07 |  |   | 257 |  |   | 0.36 |  |   | 0.01 |  |
| Total loans, net of unearned income           |   | $ | 30,241 |  |   | 100.00 | % |   | 0.95 | % |   | $ | 71,219 |  |   | 100.00 | % |   | 1.68 | % |

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|                                          |
|------------------------------------------|
|                                          |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                     | Actual |   | RegulatoryMinumum |   | WellCapitalizedRegulatory |
|                                     | CapitalAmount |   | Ratio |   | CapitalAmount |   | Ratio |   | CapitalAmount |   | Ratio |
|                                     | (dollars in thousands) |
| Total Capital to Risk Weighted Assets    |   |   |   |   |   |   |   |   |   |   |   |
| First Commonwealth Financial Corporation | $ | 646,165 |  |   | 13.22 | % |   | $ | 390,915 |  |   | 8.00 | % |   |   |   |   |
| First Commonwealth Bank                  | 622,142 |  |   | 12.73 |  |   | 390,934 |  |   | 8.00 |  |   | $ | 488,667 |  |   | 10.00 | % |
| Tier I Capital to Risk Weighted Assets   |   |   |   |   |   |   |   |   |   |   |   |
| First Commonwealth Financial Corporation | $ | 588,560 |  |   | 12.04 | % |   | $ | 195,458 |  |   | 4.00 | % |   |   |   |   |
| First Commonwealth Bank                  | 564,537 |  |   | 11.55 |  |   | 195,467 |  |   | 4.00 |  |   | $ | 293,200 |  |   | 6.00 | % |
| Tier I Capital to Average Assets         |   |   |   |   |   |   |   |   |   |   |   |
| First Commonwealth Financial Corporation | $ | 588,560 |  |   | 9.84 | % |   | $ | 239,282 |  |   | 4.00 | % |   |   |   |   |
| First Commonwealth Bank                  | 564,537 |  |   | 9.50 |  |   | 237,678 |  |   | 4.00 |  |   | $ | 297,098 |  |   | 5.00 | % |

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Table of Contents

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Table of Contents

|                   |                   |
|-------------------|-------------------|
| ITEM 1.  | LEGAL PROCEEDINGS |

|               |              |
|---------------|--------------|
| ITEM 1A. | RISK FACTORS |

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|              |                                                             |
|--------------|-------------------------------------------------------------|
| ITEM 2. | UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS |

|                                                                                                                                                                                                      |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                      |  |  |  |  |  |  |  |  |  |  |  |  |
| Month Ending:                                                                                                                                                                                        | Total Number ofSharesPurchased |   | Average PricePaid per Share(or Unit) |   | Total Number ofShares Purchasedas Part of PubliclyAnnounced Plansor Programs |   | Maximum Numberof Shares thatMay Yet BePurchased Underthe Plans orPrograms* |
| July 31, 2013                                                                                                                                                                                   | 0 |  |   | $ | 0.00 |  |   | 0 |  |   | 1,911,126 |  |
| August 31, 2013                                                                                                                                                                                 | — |  |   | — |  |   | — |  |   | 1,958,057 |  |
| September 30, 2013                                                                                                                                                                              | 900,396 |  |   | 7.50 |  |   | 900,396 |  |   | 1,001,146 |  |
| Total                                                                                                                                                                                                | 900,396 |  |   | $ | 7.50 |  |   | 900,396 |  |   |   |
|                                                                                                                                                                                                 |   |   |   |   |   |   |   |
| * Remaining number of shares approved under the Plan is based on the market value of the Company's common stock of $7.51 at July 31, 2013, $7.33 at August 31, 2013 and $7.59 at September 30, 2013. |

|              |                                 |
|--------------|---------------------------------|
| ITEM 3. | DEFAULTS UPON SENIOR SECURITIES |

|              |                         |
|--------------|-------------------------|
| ITEM 4. | MINE SAFETY DISCLOSURES |

|              |                   |
|--------------|-------------------|
| ITEM 5. | OTHER INFORMATION |

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Table of Contents

|               |
|---------------|
|               |  |  |  |  |
| ExhibitNumber |    | Description |    | Incorporated by Reference to |
|          |   |   |
| 31.1          |    | Chief Executive Officer Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 |    | Filed herewith |
|          |   |   |
| 31.2          |    | Chief Financial Officer Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 |    | Filed herewith |
|          |   |   |
| 32.1          |    | Chief Executive Officer Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 |    | Filed herewith |
|          |   |   |
| 32.2          |    | Chief Financial Officer Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 |    | Filed herewith |
|          |   |   |
| 101           |    | The following materials from First Commonwealth Financial Corporation’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2013, formatted in XBRL (Extensible Business Reporting Language): (i) the Condensed Consolidated Balance Sheets at September 30, 2013 and December 31, 2012, (ii) the Condensed Consolidated Statements of Comprehensive Income for the three and nine months ended September 30, 2013 and 2012, (iii) the Condensed Consolidated Statements of Changes in Stockholders’ Equity for the nine months ended September 30, 2013 and 2012, (iv) the Condensed Consolidated Statements of Cash Flows for the nine months ended September 30, 2013 and 2012, and (v) the Notes to Unaudited Condensed Consolidated Financial Statements. |    | Filed herewith |

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|                               |
|-------------------------------|
|                               |  |  |
| DATED: November 12, 2013 |   | /s/ T. Michael Price |
|                          |   | T. Michael PricePresident and Chief Executive Officer |
|                          |   |
| DATED: November 12, 2013 |   | /s/ Robert E. Rout |
|                          |   | Robert E. RoutExecutive Vice President, Chief Financial Officer and Treasurer |