SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM  10-K (mark one)[X]
  Annual Report Pursuant to Section 13 or 15(d) of
   the Securities Exchange Act of 1934
  (fee required)
  For the Fiscal Year ended December 31, 2000
 OR [  ]
Transition Report Under Section 13 or 15(d)
 of the Securities Exchange Act of 1934
 (no fee required)
For the Transition period from  to______ Commission File Number 0 - 24024 First Community Financial Group, Inc.(Exact name of registrant as specified in
its charter) Washington
  
  91-1277503(State or other jurisdiction
  
  (IRS Employer Identification Number)of incorporation or organization)
  721 College St. S.E., P.O. Box 3800, Lacey,
WA  98509(Address of principal executive offices) Registrant's
telephone number:    (360) 459-1100 Securities
registered pursuant to Section 12(b) of the Act:     None Securities
registered pursuant to Section 12(g) of the Act: Common
Stock,  $2.50 par value(Title of class) Check whether
the registrant (1) has filed all reports required to be filed by Section 13 or
15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or
for such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days. Yes X No__ Check if there
is no disclosure of delinquent filers in response to Item 405 of Regulation S-K
is not contained in this form, and no disclosure will be contained, to the best
of registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to
this form 10-K [ X ] State the
issuer's revenues for its most recent fiscal year:$31,939,000 State the aggregate
market value of the voting stock held by non-affiliates computed by reference
to the price at which the stock was sold, or the average bid and asked prices
of such stock, as of a specified date within the past 60 days:  at January 31, 2001 - $49,030,867 Number of
shares of common stock outstanding as of January 31, 2001:2,184,003 DOCUMENTS INCORPORATED BY REFERENCE Portions of the
definitive proxy statement (the Proxy Statement) for use in connection with
the annual meeting of shareholders to be held on May 3, 2001, are incorporated
by reference into Parts II and III of this Annual Report. PART I

ITEM 1 - BUSINESS



First Community
Financial Group, Inc. ("FCFG" or the Company) was incorporated
under the laws of the State of Washington in November 1983 as First Community
Bancorp, Inc. and is a bank holding company. 
The company's name was changed to First Community Financial Group in
July, 1992.  In 1984, pursuant to a plan
of reorganization, FCFG acquired all of the stock of First Community Bank of
Washington ("FCB" or Bank), a state banking corporation chartered
under the laws of the State of Washington in 1979.  The principal offices of FCFG and FCB are located in Lacey,
Washington.

FCB Financial
Services, a wholly owned subsidiary of First Community Bank provides a broad
range of investment services including: retirement and estate planning,
annuities, stocks, bonds, mutual funds and profit sharing plans.

On March 1,
1993, the Company acquired Citizens First Bank ("CFB"), a state
banking corporation chartered under the laws of the State of Washington in
1978.  On December 8, 1995 CFBs banking
charter was merged into First Community Bank.

On November 29,
1995, the Company acquired Northwest Community Bank (NCB), a state banking
corporation chartered under the laws of the State of Washington in 1991 and
merged it into FCB.  The transaction was
accomplished through an exchange of FCFGs stock for shares of NCB stock.  The accompanying financial information has
been prepared following the pooling-of-interests method of accounting and
reflects the combined financial position and operating results of FCFG and NCB
for all periods presented.The net revenues generated under the agreement
amounted to $220,000 in 2000.  After
allocation of associated expenses, pre-tax net income was approximately
$145,000.

During 1996,
Premises, Inc., a non-bank corporation formed for the purpose of acquiring and
holding properties used by FCFG's banking subsidiaries, was merged into FCB.

On February 6,
1997 the Company acquired Prairie Security Bank, a three branch bank
headquartered in Yelm, Washington with total assets of approximately $45
million.  The purchase price of
approximately $7,469,000 was a combination of cash and FCFG common stock.  This in-market merger, accounted for as a
purchase, allowed the Company to consolidate two branches in Yelm, as well as
two in Olympia, Washington in addition to achieving certain other economies
typical of  such transactions.

On July 18,
1997, the Bank completed the purchase of four Wells Fargo Bank branches.  This acquisition included $43,200,000 in
deposits as well as  branch facilities
in Hoquiam, Montesano, Toledo and Winlock, Washington.  The branches in Winlock, Toledo and
Montesano represent further expansion of the Companys market area.  The Hoquiam branch represents further
penetration into an existing market.

On January 20,
1999, Information Management Systems (IMS), a non-banking corporation formed
for the purpose of providing data processing services to the Bank, was merged
with and into FCFG.

In February
1999, a lending office was opened in Puyallup, then on October 4, 1999, the
Puyallup lending office expanded to a full service branch.  The Puyallup branch represents further
penetration into an existing Pierce County market.

On March 15,
2000, a branch was opened in the Hawks Prairie area of Lacey to further expand
the existing Thurston County market.

On January 22,
2001, a branch office was opened in West Olympia for expansion into the
existing Thurston County market.


On November 1,
2000, the Bank entered into a Marketing and Servicing Agreement with Advance
America.  Advance America is a Delaware
company formed in 1997 and is comprised of a group of parent-subsidiary
companies whose function is to develop, own, acquire and manage cash advance
centers throughout the United States. 
Under this agreement, the Bank offers short-term consumer loans
(commonly known as payday loans) to customers in the state of Alabama.  Advance America acts as the Banks agent in
marketing and collecting these loans. 
The agreement has a term of three years and may be terminated without
cause upon six months notice, and is immediately terminable in the event that
any bank regulatory agency with jurisdiction over the Bank or the Company
determines that the Banks performance of the agreement is unlawful or is
unsafe or unsound practice. The Bank
engages in general banking business through seventeen branches and a mortgage
production office in Thurston, Grays Harbor, Lewis and Pierce Counties.  The Bank provides a full range of consumer
banking services including: savings accounts, checking accounts, installment,
mortgage and commercial lending, safety deposit  facilities, time deposits, Visa and MasterCard and other consumer
and business-related financial services including the sale of non-deposit
investment products. Competition The financial
services industry is highly competitive. 
The Bank competes actively with national and state banks, mutual savings
banks, savings and loan associations, finance companies,  credit unions, brokerage houses and other
financial institutions operating in the service area.  Many of these financial institutions have merged or are in
process of merging and many have greater resources than the Bank. Employees FCFG and its
subsidiaries employed a total of 188 employees, consisting of 153 full time and
35 part time employees at December 31, 2000. 
Such employees are not represented by a union organization or other
collective bargaining group, and management considers their relations with
their employees to be very good.  BANK SUPERVISION AND
REGULATION Banking is a
highly regulated industry. Banking laws and regulations are primarily intended
to protect depositors, not shareholders. 
The following discussion identifies some of the more significant state
and federal laws and regulations affecting the banking industry. It is intended
to provide a brief summary of these laws and regulations and, therefore, is not
complete and is qualified by the statutes and regulations referenced. The Company General As a bank
holding company, we are subject to the Bank Holding Company Act of 1956, as
amended, which places us under the supervision of the Board of Governors of the
Federal Reserve.  We are required to
file annual reports and additional information with the Federal Reserve, and we
are periodically examined by the Federal Reserve.  Bank Holding Company Regulation

In general, the
Bank Holding Company Act limits bank holding company business to owning or
controlling banks and engaging in other banking-related activities.  Bank holding companies must obtain the
Federal Reserve Boards approval before they: (1) acquire control (i.e., 5% or
more) of the voting shares of a bank; (2) merge or consolidate with another
bank holding company; or (3) acquire substantially all of the assets of any
additional banks.  Under the Financial
Services Modernization Act of 1999, a bank holding company may apply to the
Federal Reserve Board to become a financial holding company, and thereby engage
(directly or through a subsidiary) in certain activities deemed financial in
nature, such as securities brokerage and insurance underwriting.

Control
of Nonbanks.  With certain exceptions, the Bank Holding
Company Act prohibits bank holding companies from acquiring direct or indirect
ownership or control of voting shares in any company that is not a bank or a
bank holding company unless the Federal Reserve Board determines that the
activities of such company are incidental or closely related to the business of
banking.

Control
Transactions.  The Change in Bank Control Act of 1978, as
amended, requires a person (or group of persons acting in concert) acquiring
"control" of a bank holding company to provide the Federal Reserve
Board with 60 days prior written notice of the proposed acquisition.  Following receipt of this notice, the
Federal Reserve Board has 60 days (or up to 90 days if extended) within which
to issue a notice disapproving the proposed acquisition.  In addition, any "company" must
obtain the Federal Reserve Boards approval before acquiring 25% (5% if the
"company" is a bank holding company) or more of our outstanding
shares or otherwise obtaining control over us.

Transactions With Affiliates

The Company and the Bank are affiliates
within the meaning of the Federal Reserve Act, and transactions between
affiliates are subject to certain restrictions. Generally, the Federal Reserve
Act limits the extent to which a financial institution or its subsidiaries may
engage in "covered transactions" with an affiliate.   It also requires all transactions with an
affiliate, whether or not "covered transactions," to be on terms
substantially the same, or at least as favorable to the institution or
subsidiary, as those provided to a non-affiliate.  The term "covered transaction" includes the making of
loans, purchase of assets, issuance of a guarantee and other similar types of
transactions.

Regulation Of Management

Federal law sets forth the circumstances
under which officers or directors of a financial institution may be removed by
the institutions federal supervisory agency; places restraints on lending by
an institution to its executive officers, directors, principal stockholders,
and their related interests; and prohibits management personnel from serving as
a director or in other management positions with another financial institution
which has assets exceeding a specified amount or which has an office within a
specified geographic area.

Tie-In
Arrangements

The
Company and the Bank cannot participate in certain tie-in arrangements in
connection with any extension of credit, sale or lease of property or
furnishing of services.  For example,
with certain exceptions, neither the Company nor the Bank may condition an
extension of credit on either a requirement that the customer obtain additional
services provided by either of us or an agreement by the customer to refrain
from obtaining other services from a competitor.

State
Law Restrictions

As a Washington business corporation, the
Company may be subject to certain limitations and restrictions as provided
under applicable Washington corporate law. 
In addition, Washington banking law restricts and governs certain
activities of the Bank.


The Bank General The Bank is subject to regulation and
examination by the FDIC and the State of Washington.  The federal laws that apply to the Bank regulate, among other
things, the scope of its business, its investments, its reserves against
deposits, the timing of the availability of deposited funds and the nature and amount
of and collateral for loans. Community Reinvestment.The
Community Reinvestment Act requires that, in connection with examinations of
financial institutions within their jurisdiction, the FDIC and the Director
must evaluate the record of financial institutions in meeting the credit needs
of their local communities, including low and moderate income neighborhoods,
consistent with the safe and sound operation of those banks.  These factors are also considered in
evaluating mergers, acquisitions, and applications to open a branch or
facility. Insider Credit
Transactions.Banks are
also subject to certain restrictions on extensions of credit to
insidersexecutive officers, directors, principal shareholders, and their
related interests.  Extensions of credit
to insiders must be made on substantially the same terms, including interest
rates and collateral, and follow credit underwriting procedures that are not
less stringent than those prevailing at the time for comparable transactions
with non-insiders.  Also, extensions of
credit to insiders must not involve more than the normal risk of repayment or
present other unfavorable features. Safety and Soundness
Standards.Under the
Federal Deposit Insurance Corporation Improvement Act of 1991, each federal
banking agency has prescribed noncapital safety and soundness standards for
institutions under its authority.  These
standards cover internal controls, information systems, and internal audit
systems, loan documentation, credit underwriting, interest rate exposure, asset
growth, compensation, fees and benefits, such other operational and managerial
standards as the agency determines to be appropriate, and standards for asset
quality, earnings and stock valuation. Interstate
Banking and Branching The Riegle-Neal Interstate Banking and
Branching Efficiency Act of 1994 (the Interstate Act) permits nationwide
interstate banking and branching under certain circumstances.  This legislation generally authorizes
interstate branching and relaxes federal law restrictions on interstate
banking. Currently, bank holding companies may purchase banks in any state, and
states may not prohibit such purchases. 
Additionally, banks are permitted to merge with banks in other states as
long as the home state of neither merging bank has opted out.  The Interstate Act requires regulators to
consult with community organizations before permitting an interstate
institution to close a branch in a low-income area. With regard to interstate bank mergers,
Washington has "opted in" to the Interstate Act and allows in-state
banks to merge with out-of-state banks subject to certain aging
requirements.    With regard to
interstate bank branching, out-of-state banks that do not already operate a
branch in Washington may not establish de novo branches in Washington or
establish and operate a branch by acquiring a branch in Washington.  Under FDIC regulations, banks are prohibited
from using their interstate branches primarily for deposit production.  The FDIC has accordingly implemented a
loan-to-deposit ratio screen to ensure compliance with this prohibition. Deposit
Insurance The Banks deposits are currently insured
to a maximum of $100,000 per depositor through the Bank Insurance Fund
administered by the Federal Deposit Insurance Corporation.


All insured banks are subject to
semi-annual deposit insurance premium assessments.  The Federal Deposit Insurance Corporation has implemented a
risk-based insurance premium system under which banks are assessed insurance
premiums based on how much risk they present to the Bank Insurance Fund.  Banks with higher levels of capital and a
low degree of supervisory concern are assessed lower premiums than banks with
lower levels of capital or a higher degree of supervisory concern. Dividends Our principal source of cash revenues is
dividends received from the Bank.  The
payment of dividends is subject to government regulation, in that regulatory
authorities may prohibit banks and bank holding companies from paying dividends
which would constitute an unsafe or unsound banking practice.  In addition, a bank may not pay cash
dividends if that payment could reduce the amount of its capital below that
necessary to meet minimum applicable regulatory capital requirements. Capital
Adequacy Federal bank regulatory agencies use
capital adequacy guidelines in the examination and regulation of bank holding
companies and banks.  If capital falls
below minimum guideline levels, the holding company or bank may be denied
approval to acquire or establish additional banks or nonbank businesses or to
open new facilities. The FDIC and Federal Reserve use
risk-based capital guidelines for banks and bank holding companies.  These are designed to make such capital
requirements more sensitive to differences in risk profiles among banks and
bank holding companies, to account for off-balance sheet exposure and to
minimize disincentives for holding liquid assets.  Assets and off-balance sheet items are assigned to broad risk
categories, each with appropriate weights. 
The resulting capital ratios represent capital as a percentage of total
risk-weighted assets and off-balance sheet items.  The guidelines are minimums, bank holding companies contemplating
significant expansion programs should not allow expansion to diminish their
capital ratios and should maintain ratios well in excess of the minimum.  The current guidelines require all bank
holding companies and federally-regulated banks to maintain a minimum
risk-based total capital ratio equal to 8%, of which at least 4% must be Tier I
capital. Tier I capital for bank holding companies includes common
shareholders' equity, certain qualifying perpetual preferred stock and minority
interests in equity accounts of consolidated subsidiaries, less intangibles
except as described above. The Federal Reserve also employs a
leverage ratio, which is Tier I capital as a percentage of total assets less
intangibles, to be used as a supplement to risk-based guidelines.  Except for the most highly rated banks, the
minimum leverage ratio is 4%. Banks are assigned to one of five capital
categories depending on their total risk-based capital ratio, Tier I risk-based
capital ratio, and leverage ratio, together with certain subjective
factors.  Banks which are deemed to be "undercapitalized"
are subject to certain mandatory supervisory corrective actions. Financial
Services Modernization The laws and regulations that affect
banks and bank holding companies recently underwent significant changes as a
result of the Financial Services Modernization Act of 1999, also known as the
Gramm-Leach-Bliley Act of 1999. 
Generally, the act (i) repealed the historical restrictions on
preventing banks from affiliating with securities firms, (ii) provided a
uniform framework for the activities of banks, savings institutions and their
holding companies, (iii) broadened the activities that may be conducted by
national banks and banking subsidiaries of bank holding companies, (iv)
provided an enhanced framework for protecting the privacy of consumers
information and (v) addressed a variety of other legal and regulatory issues
affecting both day-to-day operations and long-term activities of financial
institutions.


Bank holding companies may now engage in
a wider variety of financial activities than permitted under previous law,
particularly insurance and securities activities.  In addition, in a change from previous law, a bank holding
company may be owned, controlled or acquired by any company engaged in
financially related activities, so long as such company meets certain
regulatory requirements.  The act also
permits national banks (and certain state banks), either directly or through
operating subsidiaries, to engage in certain non-banking financial activities. We do not believe that the act will
negatively affect our operations.  However,
to the extent the act permits banks, securities firms and insurance companies
to affiliate, the financial services industry may experience further
consolidation.  This consolidation could
result in a growing number of larger financial institutions that offer a wider
variety of financial services than we currently offer and that can aggressively
compete in the markets we currently serve. Effects
of Government Monetary Policy The earnings and growth of the Company
are affected by general economic conditions, and by the fiscal and monetary
policies of the federal government, particularly the Federal Reserve.  The Federal Reserve implements a national
monetary policy for such purposes as curbing inflation and combating recession,
but its open market operations in U.S. government securities, control of the
discount rate applicable to borrowings from the Federal Reserve, and
establishment of reserve requirements against certain deposits, influence the
growth of bank loans, investments and deposits, and also affect interest rates
charged on loans or paid on deposits. 
We cannot predict with certainty the nature and impact of future changes
in monetary policies and their impact on us or the Bank. ITEM 2 - PROPERTIES The Bank owns
the property and building on which the Aberdeen, Elma, Hoquiam - Timbermens,
Lacey, Yelm, Fircrest, downtown Tacoma (opening in 2001), Winlock, Toledo,
Montesano, Centralia and downtown Olympia branches are situated.  The Tumwater, Eatonville and Meridian Road
(opening in 2001) branches are operated in a building owned by FCB which is
situated on leased property.  The Hawks
Prairie, Panorama City, West Olympia, and Puyallup Canyon Road branches are
operated in leased space. The Lacey
branch is a two story building with a basement and a drive-up, which has
approximately 17,500 square feet and is fully utilized as a branch bank,
administrative offices, customer care center and data processing facility. The
Meridian, Tumwater, Yelm, Eatonville, West Olympia, Winlock, Centralia,
Aberdeen and Hoquiam branches are single story structures with drive-up
facilities.  The Elma, downtown Olympia,
Hawks Prairie, downtown Tacoma and Montesano branches are two story structures
with drive-up facilities.  The Panorama
City branch is located on the ground floor of a retirement center.  The Toledo and Canyon Road branches are
single story structures with walk up ATMs. The Fircrest facility is an office
condominium, of which the Bank occupies approximately one-half. ITEM 3 - LEGAL PROCEEDINGS From time to
time in the ordinary course of business, FCFG or its subsidiaries may be
involved in litigation.  At the present
time neither FCFG nor any of its subsidiaries are involved in any material
litigation proceeding. ITEM 4 - SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS During the
fourth quarter of the year ended December 31, 2000, no matters were submitted
to the security holders through the solicitation of proxies or otherwise.


PART II ITEM 5 - MARKET FOR REGISTRANTS COMMON EQUITYAND RELATED STOCKHOLDER
MATTERS Market
Information No broker makes
a market in FCFG's common stock, and trading has not been extensive.  Trades that have occurred cannot be
characterized as amounting to an active market.  The stock is traded by individuals on a personal basis and is not
listed on any exchange or traded on the over-the-counter market.  Due to the limited information available,
the following price information may not accurately reflect the actual market
value of FCFG's shares.  The following
data includes trades between individual investors and new issues of stock.  It does not include the exercise of stock
options nor does it include shares purchased by the Company as discussed in
Note 12 of the consolidated financial statements. #
  of SharesPeriod
  Traded
  
  Price
  Range1998
  75,713
  
  $20.96
  - $35.001999
  37,937
  
  $23.00
  - $29.752000
  55,478
  
  $20.00
  - $25.00  At December 31, 2000, options for 326,424
shares of FCFG common stock were outstanding. 
See Note 14 of the audited financial statements for additional
information. On April 20, 2000, the Board of Directors
announced a stock repurchase plan in which FCFG would repurchase a maximum of
40,000 shares of FCFG stock within a three month period.  On April 21, 2000 FCFG repurchased 39,998
shares of FCFG common stock for a total of $993,847.80. Number of Equity Holders As of December 31, 2000, there were 1,325
holders of record of FCFG's common stock.  Dividends FCFG paid cash dividends of $.10 per
share on February 11, May 5, August 11 and November 10, 2000. Cash dividends of
$ .40, $ .09 and $.09 per share were issued on April 15, 1999, July 30, 1999
and October 30, 1999, respectively. 
There were no cash dividends declared in 1998, or 1997.  Stock dividends of 5% were issued on May 6,
1998 and April 15, 1997, respectively. Washington law limits the ability of the
Bank to pay dividends to the Company. 
Under these restrictions, a bank may not declare or pay any dividend in
an amount greater than its retained earnings without approval of the Division
of Banks.  All of the retained earnings
of FCB are available for the payment of dividends to the Company under these
restrictions, subject to the federal capital regulations discussed above.


ITEM 6 - SELECTED
FINANCIAL DATA  ($ in thousands, except per share data)
  2000
  1999
  1998
  1997
  1996For the YearNet interest income after
  provision for credit losses
  $16,104
  $11,348
  $14,302
  $12,106
  $9,361Non-interest income
  4,975
  4,619
  4,883
  4,163
  1,824Non-interest expense and taxes
  16,718
  14,607
  15,580
  15,550
  9,324Net income
  $4,361
  $1,360
  $3,605
  $719
  $1,861Per Common Share
     Basic Earnings Per Share1
  $2.02
  $.64
  $1.74
  $0.36
  $1.01Stock Dividends declared
  
  - -
  5%
  5%
  5%Cash Dividends Paid
  $.40
  $.58Balance Sheet Data:Total Assets
  $324,235
  $293,773
  $271,566
  $294,474
  $176,501Long-term debt
  1,303
  2,030
  2,808
  3,818
  1,294Stockholders equity
  34,373
  30,618
  30,341
  26,165
  20,919 1Earnings per Share for all periods prior to 1997 have been restated in
connection with the adoption of SFAS 128.  ITEM 7 - MANAGEMENT'S
DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Incorporated by reference to the section
entitledManagements
Discussion and Analysis of Financial Condition and Results of Operations
as set forth in the 2001 Annual Proxy Statement (Proxy Statement).  ITEM 7A - QUANTITATIVE
AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK Incorporated by reference to the section
entitledManagements
Discussion and Analysis of Financial Condition and Results of Operations -
Liquidity, Rate Sensitivity and Market Risk as set forth in the
Proxy Statement.  ITEM 8 - FINANCIAL
STATEMENTS AND SUPPLEMENTARY DATA The Audited Consolidated Financial
Statements, notes, and supplementary data called for by this item is
incorporated by reference to the Proxy Statement.  ITEM 9 - CHANGES IN AND
DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE Within the 24 months prior to December
31, 2000, FCFG has not changed independent accountants, at either FCFGs
election or by reason of the accountants resignation.


PART III  ITEM 10 - DIRECTORS AND
EXECUTIVE OFFICERS; COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT Incorporated by reference to the sections
entitled Election of
Directors - Information with Respect to Nominees and Directors whose Terms
Continue, Management, and Section 16(a) Beneficial Ownership Reporting
Compliance, as set forth in the Proxy Statement.  ITEM 11 -  EXECUTIVE COMPENSATION Incorporated by reference to the sections
entitled Information
Regarding the Board of Directors and its Committees - Director Compensation and
Executive Compensation, as set forth in the Proxy Statement.  ITEM 12 - SECURITY
OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT Incorporated by reference to the sections
entitledElection of
Directors - Information with Respect to Nominees and Directors whose Terms
Continue, and Security Ownership of Certain Beneficial Owners and Management,
as set forth in the Proxy Statement.  ITEM 13 - CERTAIN
RELATIONSHIPS AND RELATED TRANSACTIONS Incorporated by reference to the section
entitled Certain
Relationships and Related Transactions, as set forth in the
Proxy Statement.  PART IV ITEM 14 - EXHIBITS,
FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON FORM 8-K The following exhibits are filed as part
of this report: (a)(1)
  Financial Statements:The Audited Consolidated Financial Statements,
  notes, and supplementary data called for by this item is incorporated by reference
  to the Proxy Statement.(a)(2)
  Financial Statement Schedules.
  None(a)(3)
  Exhibits.
  See separate Exhibit Index(b)
  Reports
  on Form 8-K.
  None(c)
  Exhibits.
  See
  separate Exhibit Index(d)
  Financial
  Statement Schedules:
  None


SIGNATURES  Pursuant to the requirements of Section
13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized, on the 19th day of March, 2001. FIRST
  COMMUNITY FINANCIAL GROUP, INC.(Registrant)By:
  /s/ Ken F. ParsonsKen
  F. ParsonsPresident
  and Chief Executive Officer Pursuant to the requirements of the
Securities Exchange Act of 1934, this report has been signed below by the
following persons on behalf of the registrant and in the capacities indicated
on the 19th day of March, 2001. Signatures
  TitlePrincipal
  Executive Officer/s/
  Ken F. Parsons
  President,
  Chief Executive Officer, and Chairman of the BoardKen
  F. ParsonsChief
  Financial and Accounting Officer/s/
  James F. Arneson
  Executive
  Vice President and Chief Financial OfficerJames
  F. Arneson/s/
  E. Paul DeTray
  DirectorE.
  Paul DeTray/s/
  A. Richard Panowicz
  DirectorA.
  Richard Panowicz/s/
  Patrick L. Martin
  DirectorPatrick
  L. Martin/s/
  Michael N. Murphy
  DirectorMichael
  N. Murphy


EXHIBIT INDEX Exhibit No.
  Exhibit Description3 (a)
  Amended and Restated Articles of Incorporation.13 (b)
  Registrant's Bylaws.210 (a)
  Employment contract for Ken F. Parsons.310 (b)
  1992 Stock Option Plan for Non-employee
  Directors.410 (c)
  Second Amended Non-employee Directors Stock
  Option Plan.410 (d)
  Employee Stock Option and Restricted Stock
  Award Plan.410 (e)
  Executive Supplemental Income Plan.410 (f)
  1994 Stock Option Plan for Non-employee
  Directors.510 (g)
  Employment contract for James F. Arneson.710 (h)
  1999 Employee Stock Option and Restricted Award
  Plan and form of agreements.10 (i)
  Employee Stock Option and Restricted Stock
  Award Plan dated April 19, 1989. 410 (j)
  Marketing and Service Agreement with Advance
  America.21
  Subsidiaries of Registrant.   ____________________________________ 1
  Incorporated by reference to Exhibit 3 of the
  Registrants Registration Statement on Form 10Q-SB for the quarter ended
  October 31, 1996.2
  Incorporated by reference to Exhibits 3 and 10
  of the Registrants Registration Statement on Form S-4 declared effective on
  November 20, 1992, Commission File No. 33-52556.3
  Incorporated by reference to Exhibit 10 of the
  Registrants Quarterly Report on Form 10Q-SB for the quarter ended September
  30, 1996.4
  Incorporated by reference from Exhibit 10 of
  Registrant's Annual Report on Form 10-KSB for the fiscal year ending December
  31, 1992.5
  Incorporated by reference to Exhibit 10 of
  Registrants Annual Report on Form 10-KSB for the fiscal year ending December
  31, 1994.6
  Incorporated by reference to Exhibit 10 to
  Registrants Annual Report on Form 10K-SB for the fiscal year ending December
  31, 1997.7
  Incorporated by reference to Exhibit 10 to
  Registrants Annual Report on Form 10K for the fiscal year ending December
  31, 1998.  12