UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    Form 13F

                               Form 13F COVER PAGE

Report for the Calendar Year or Quarter Ended:   December 31, 2010

Check here if Amendment [_]: Amendment Number:

This Amendment (Check only one): [_] is a restatement

                 [_] adds new holdings entries

Institutional Investment Manager Filing this Report:

Name:     First Commonwealth Financial Corporation
Address:  22 North Sixth Street
          Indiana, PA, 15701

Form 13F File Number:28-05151

The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and it is understood that all required items, statements, schedules,
lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:     Teresa M. Ciambotti
Title:    Senior Vice President and Controller
Phone:    (724) 463-4725

Signature, Place, and Date of Signing:

/s/ Teresa M. Ciambotti
Teresa M. Ciambotti,     Indiana, PA,                February 14, 2011

Report Type (check only one):

     [x]  13F HOLDINGS REPORT (Check here if all holdings of this reporting
          manager are reported in this report)

     [_]  13F NOTICE (Check here if no holdings reported are in this report, and
          all holdings are reported by other reporting manager(s))

     [_]  13F COMBINATION REPORT (Check here if a portion of the holdings for
          this reporting manager are reported in this report and a portion are
          reported by other reporting manager(s).)




                              Form 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers: 1

Form 13F Information Table Entry Total: 174

Form 13F Information Table Value Total: $81,619 (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.

Number: 1

Form 13F File Number:28-11893

Name: First Commonwealth Bank




                           FORM 13F INFORMATION TABLE



COLUMN  1                     COL 2  COL 3      COL 4    COLUMN 5           COL 6      COL 7    COLUMN 8
                              TITLE             MARKET                                          VOTING
                              OF                VALUE    SHS OR    SH/ PUT/ INVESTMENT OTHER    AUTHORITY
ISSUER                        CLASS  CUSIP      (X$1000) PRN AMT   PRN CALL DISCRETION MANAGERS SOLE      SHARED  NONE
----------------------------  ------ ---------- -------- --------- --- ---- ---------- -------- --------- ------ -----
                                                                                
3M CO                         COMMON  88579Y101      282     3,270  SH      DEFINED        1        2,250        1,020
3M CO                         COMMON  88579Y101      660     7,645  SH      OTHER          1        7,645
ABBOTT LABS                   COMMON   2824100       738    15,397  SH      DEFINED        1       13,725        1,672
ABBOTT LABS                   COMMON   2824100        55     1,138  SH      OTHER          1        1,138
ADOBE SYS INC                 COMMON  00724F101      428    13,895  SH      DEFINED        1       13,895
ADOBE SYS INC                 COMMON  00724F101       18       601  SH      OTHER          1          601
AIR PRODS & CHEMS INC         COMMON   9158106       698     7,671  SH      DEFINED        1        7,671
AIR PRODS & CHEMS INC         COMMON   9158106        45       497  SH      OTHER          1          497
ALLSTATE CORP                 COMMON  20002101        72     2,250  SH      DEFINED        1        2,250
ALLSTATE CORP                 COMMON  20002101       208     6,529  SH      OTHER          1        6,529
ALTRIA GROUP INC              COMMON  02209S103      140     5,668  SH      DEFINED        1        5,538          130
ALTRIA GROUP INC              COMMON  02209S103      660    26,815  SH      OTHER          1       26,815
APACHE CORP                   COMMON  37411105       809     6,786  SH      DEFINED        1        6,786
APACHE CORP                   COMMON  37411105       126     1,059  SH      OTHER          1          535    524
APPLE INC                     COMMON  37833100     1,398     4,334  SH      DEFINED        1        4,313           21
APPLE INC                     COMMON  37833100        63       195  SH      OTHER          1          195
AT&T INC                      COMMON  00206R102    1,414    48,123  SH      DEFINED        1       45,595        2,528
AT&T INC                      COMMON  00206R102      241     8,187  SH      OTHER          1        7,882    300     5
AUTODESK INC                  COMMON  52769106       360     9,427  SH      DEFINED        1        9,427
AUTODESK INC                  COMMON  52769106        27       701  SH      OTHER          1          701
BANK OF AMERICA CORPORA       COMMON  60505104       171    12,818  SH      DEFINED        1        6,352        6,466
BANK OF AMERICA CORPORA       COMMON  60505104        54     4,033  SH      OTHER          1        4,033
BANK OF NEW YORK MELLON       COMMON  64058100       351    11,616  SH      DEFINED        1        9,066        2,550
BANK OF NEW YORK MELLON       COMMON  64058100        85     2,822  SH      OTHER          1        1,372    400 1,050
BECTON DICKINSON & CO         COMMON  75887109       715     8,461  SH      DEFINED        1        8,173          288
BECTON DICKINSON & CO         COMMON  75887109        82       969  SH      OTHER          1          969
BOEING CO                     COMMON  97023105       523     8,016  SH      DEFINED        1        8,016
BOEING CO                     COMMON  97023105        65     1,000  SH      OTHER          1        1,000
BP PLC                        COMMON  55622104       159     3,602  SH      DEFINED        1        3,602
BP PLC                        COMMON  55622104       263     5,963  SH      OTHER          1        5,963
CATERPILLAR INC DEL           COMMON  149123101    1,021    10,897  SH      DEFINED        1       10,897
CATERPILLAR INC DEL           COMMON  149123101       98     1,050  SH      OTHER          1        1,050
CHEVRON CORP NEW              COMMON  166764100    1,253    13,727  SH      DEFINED        1       11,447        2,280
CHEVRON CORP NEW              COMMON  166764100      395     4,327  SH      OTHER          1        3,977          350
CHUBB CORP                    COMMON  171232101      384     6,443  SH      DEFINED        1        6,443
CISCO SYS INC                 COMMON  17275R102      860    42,496  SH      DEFINED        1       37,823        4,673
CISCO SYS INC                 COMMON  17275R102       81     3,984  SH      OTHER          1        3,984
CITIGROUP INC                 COMMON  172967101      176    37,106  SH      DEFINED        1       37,106
CITIGROUP INC                 COMMON  172967101        5     1,064  SH      OTHER          1          950    114
CNB FINL CORP PA              COMMON  126128107      425    28,700  SH      DEFINED        1       28,700
COCA COLA CO                  COMMON  191216100      561     8,535  SH      DEFINED        1        8,474           61
COCA COLA CO                  COMMON  191216100       63       956  SH      OTHER          1          956
CONOCOPHILLIPS                COMMON  20825C104      918    13,485  SH      DEFINED        1       11,415        2,070
CONOCOPHILLIPS                COMMON  20825C104       25       369  SH      OTHER          1          369
CUMMINS INC                   COMMON  231021106      471     4,279  SH      DEFINED        1        4,279
CUMMINS INC                   COMMON  231021106       11       100  SH      OTHER          1          100
CVS CAREMARK CORPORATION      COMMON  126650100      565    16,244  SH      DEFINED        1       16,244
CVS CAREMARK CORPORATION      COMMON  126650100       38     1,087  SH      OTHER          1        1,087
DISNEY WALT CO                COMMON  254687106      283     7,543  SH      DEFINED        1        4,614        2,929
DISNEY WALT CO                COMMON  254687106       30       800  SH      OTHER          1          800
DOMINION RES INC VA NEW       COMMON  25746U109      820    19,190  SH      DEFINED        1       18,517          673
DOMINION RES INC VA NEW       COMMON  25746U109      150     3,511  SH      OTHER          1        3,511
DU PONT E I DE NEMOURS        COMMON  263534109      327     6,560  SH      DEFINED        1        6,560
DU PONT E I DE NEMOURS        COMMON  263534109       52     1,042  SH      OTHER          1          742    300
E M C CORP MASS               COMMON  268648102      285    12,460  SH      DEFINED        1        9,610        2,850
EMERSON ELEC CO               COMMON  291011104       71     1,239  SH      DEFINED        1          219        1,020
EMERSON ELEC CO               COMMON  291011104      882    15,430  SH      OTHER          1       15,430
ENTERPRISE PRODS PARTNERS     COMMON  293792107      287     6,894  SH      DEFINED        1        6,894
EXXON MOBIL CORP              COMMON  30231G102    2,830    38,709  SH      DEFINED        1       38,709
EXXON MOBIL CORP              COMMON  30231G102    1,784    24,395  SH      OTHER          1        7,658 16,737
FEDEX CORP                    COMMON  31428X106      428     4,598  SH      DEFINED        1        4,598
FEDEX CORP                    COMMON  31428X106       26       283  SH      OTHER          1          283
FIRST COMWLTH FINL CORP       COMMON  319829107    5,179   731,502  SH      DEFINED        1      731,502
FIRST COMWLTH FINL CORP       COMMON  319829107       56     7,887  SH      OTHER          1        3,300  4,587
FREEPORT-MCMORAN COPPER       COMMON  35671D857      548     4,563  SH      DEFINED        1        4,563
FREEPORT-MCMORAN COPPER       COMMON  35671D857        3        24  SH      OTHER          1           24
GATEWAY BANK OF PENNSYLVANIA  COMMON  869099101       40     5,000  SH      DEFINED                 5,000     --    --
GENERAL ELECTRIC CO           COMMON  369604103    1,257    68,710  SH      DEFINED        1       64,000        4,710
GENERAL ELECTRIC CO           COMMON  369604103    1,921   105,021  SH      OTHER          1      103,866  1,155
GENERAL MLS INC               COMMON  370334104      746    20,952  SH      DEFINED        1       20,952
GENERAL MLS INC               COMMON  370334104       47     1,310  SH      OTHER          1        1,310
GENUINE PARTS CO              COMMON  372460105      831    16,182  SH      DEFINED        1       16,182
GENUINE PARTS CO              COMMON  372460105       23       445  SH      OTHER          1          445
GOLDMAN SACHS GROUP INC       COMMON  38141G104      505     3,003  SH      DEFINED        1        3,003
GOLDMAN SACHS GROUP INC       COMMON  38141G104       46       273  SH      OTHER          1          273
GOOGLE INC                    COMMON  38259P508      855     1,439  SH      DEFINED        1        1,249          190
GOOGLE INC                    COMMON  38259P508       16        27  SH      OTHER          1           27
HEINZ H J CO                  COMMON  423074103      447     9,037  SH      DEFINED        1        8,929          108







COLUMN  1                     COL 2  COL 3      COL 4    COLUMN 5           COL 6      COL 7    COLUMN 8
                              TITLE             MARKET                                          VOTING
                              OF                VALUE    SHS OR    SH/ PUT/ INVESTMENT OTHER    AUTHORITY
ISSUER                        CLASS  CUSIP      (X$1000) PRN AMT   PRN CALL DISCRETION MANAGERS SOLE      SHARED  NONE
----------------------------  ------ ---------- -------- --------- --- ---- ---------- -------- --------- ------ -----
                                                                                
HEINZ H J CO                  COMMON  423074103       41       838  SH      OTHER          1          838
HELMERICH & PAYNE INC         COMMON  423452101      534    11,022  SH      DEFINED        1       11,022
HELMERICH & PAYNE INC         COMMON  423452101       24       496  SH      OTHER          1          496
HUMANA INC                    COMMON  444859102      396     7,240  SH      DEFINED        1        7,175           65
HUMANA INC                    COMMON  444859102       27       500  SH      OTHER          1          500
INGERSOLL-RAND PLC            COMMON  G47791101      283     6,000  SH      OTHER          1        6,000
INTEL CORP                    COMMON  458140100      596    28,339  SH      DEFINED        1       22,819        5,520
INTEL CORP                    COMMON  458140100      111     5,262  SH      OTHER          1        5,262
INTERNATIONAL BUSINESS MACHS  COMMON  459200101    1,698    11,567  SH      DEFINED        1       11,335          232
INTERNATIONAL BUSINESS MACHS  COMMON  459200101    1,911    13,020  SH      OTHER          1       12,920    100
JACOBS ENGR GROUP INC         COMMON  469814107      528    11,508  SH      DEFINED        1       11,508
JACOBS ENGR GROUP INC         COMMON  469814107       29       643  SH      OTHER          1          643
JOHNSON & JOHNSON             COMMON  478160104    1,128    18,237  SH      DEFINED        1       17,721          516
JOHNSON & JOHNSON             COMMON  478160104      458     7,411  SH      OTHER          1        7,411
JPMORGAN CHASE & CO           COMMON  46625H100      931    21,952  SH      DEFINED        1       20,122        1,830
JPMORGAN CHASE & CO           COMMON  46625H100       69     1,638  SH      OTHER          1        1,638
KINDER MORGAN MANAGEMENT      COMMON  49455U100      210     3,144  SH      DEFINED        1        2,531          613
KRAFT FOODS INC               COMMON  50075N104       45     1,423  SH      DEFINED        1        1,307          116
KRAFT FOODS INC               COMMON  50075N104      592    18,778  SH      OTHER          1       18,778
LOWES COS INC                 COMMON  548661107      216     8,632  SH      DEFINED        1        8,632
LOWES COS INC                 COMMON  548661107       38     1,533  SH      OTHER          1          933    600
MCDONALDS CORP                COMMON  580135101    1,106    14,410  SH      DEFINED        1       14,000          410
MCDONALDS CORP                COMMON  580135101       81     1,053  SH      OTHER          1        1,053
MERCK & CO INC NEW            COMMON  58933Y105       96     2,660  SH      DEFINED        1        2,660
MERCK & CO INC NEW            COMMON  58933Y105      808    22,430  SH      OTHER          1       22,030          400
METLIFE INC                   COMMON  59156R108      484    10,890  SH      DEFINED        1       10,890
METLIFE INC                   COMMON  59156R108        8       188  SH      OTHER          1          188
MICROSOFT CORP                COMMON  594918104    1,141    40,888  SH      DEFINED        1       35,401        5,487
MICROSOFT CORP                COMMON  594918104       49     1,750  SH      OTHER          1        1,750
ORACLE CORP                   COMMON  68389X105      987    31,537  SH      DEFINED        1       31,537
ORACLE CORP                   COMMON  68389X105       72     2,289  SH      OTHER          1        2,289
PARKER HANNIFIN CORP          COMMON  701094104      646     7,485  SH      DEFINED        1        7,485
PARKER HANNIFIN CORP          COMMON  701094104       56       646  SH      OTHER          1          646
PARKVALE FINANCIAL CORP       COMMON  701492100    1,021   111,263  SH      DEFINED               111,263     --    --
PEPSICO INC                   COMMON  713448108      700    10,716  SH      DEFINED        1       10,291          425
PEPSICO INC                   COMMON  713448108      970    14,847  SH      OTHER          1       14,847
PETSMART INC                  COMMON  716768106      790    19,841  SH      DEFINED        1       17,551        2,290
PETSMART INC                  COMMON  716768106       34       862  SH      OTHER          1          862
PFIZER INC                    COMMON  717081103      292    16,684  SH      DEFINED        1       16,684
PFIZER INC                    COMMON  717081103      210    12,021  SH      OTHER          1       12,021
PHILIP MORRIS INTL INC        COMMON  718172109    1,043    17,817  SH      DEFINED        1       16,552        1,265
PHILIP MORRIS INTL INC        COMMON  718172109    1,355    23,158  SH      OTHER          1       23,158
PNC FINL SVCS GROUP INC       COMMON  693475105      552     9,092  SH      DEFINED        1        9,092
PNC FINL SVCS GROUP INC       COMMON  693475105      109     1,800  SH      OTHER          1        1,800
PPG INDS INC                  COMMON  693506107      227     2,704  SH      DEFINED        1        2,704
PPG INDS INC                  COMMON  693506107    1,463    17,404  SH      OTHER          1       15,154  2,250
PRECISION CASTPARTS CORP      COMMON  740189105      644     4,624  SH      DEFINED        1        4,624
PRECISION CASTPARTS CORP      COMMON  740189105       42       300  SH      OTHER          1          300
PRICE T ROWE GROUP INC        COMMON  74144T108      743    11,511  SH      DEFINED        1       11,072          439
PRICE T ROWE GROUP INC        COMMON  74144T108       95     1,473  SH      OTHER          1        1,473
PROCTER & GAMBLE CO           COMMON  742718109    1,115    17,336  SH      DEFINED        1       16,825          511
PROCTER & GAMBLE CO           COMMON  742718109    2,292    35,623  SH      OTHER          1       35,623
PRUDENTIAL FINL INC           COMMON  744320102      339     5,768  SH      DEFINED        1        5,768
PRUDENTIAL FINL INC           COMMON  744320102       15       251  SH      OTHER          1          251
PUBLIC SVC ENTERPRISE G       COMMON  744573106      105     3,297  SH      DEFINED        1          287        3,010
PUBLIC SVC ENTERPRISE G       COMMON  744573106      269     8,460  SH      OTHER          1        8,460
QUALCOMM INC                  COMMON  747525103      390     7,878  SH      DEFINED        1        7,878
QUALCOMM INC                  COMMON  747525103       14       277  SH      OTHER          1          277
ROCKWELL AUTOMATION INC       COMMON  773903109      375     5,224  SH      DEFINED        1        5,224
ROCKWELL AUTOMATION INC       COMMON  773903109       94     1,310  SH      OTHER          1        1,310
ROCKWELL COLLINS INC          COMMON  774341101      272     4,669  SH      DEFINED        1        4,669
ROCKWELL COLLINS INC          COMMON  774341101       88     1,505  SH      OTHER          1        1,505
S & T BANCORP INC             COMMON  783859101      952    42,142  SH      DEFINED        1       42,142
S & T BANCORP INC             COMMON  783859101       33     1,464  SH      OTHER          1        1,464
STATE STR CORP                COMMON  857477103      474    10,232  SH      DEFINED        1       10,232
STATE STR CORP                COMMON  857477103       18       394  SH      OTHER          1          394
TARGET CORP                   COMMON  87612E106      932    15,501  SH      DEFINED        1       15,501
TARGET CORP                   COMMON  87612E106       91     1,516  SH      OTHER          1        1,516
TEVA PHARMACEUTICAL IND       COMMON  881624209      726    13,926  SH      DEFINED        1       13,875           51
TEVA PHARMACEUTICAL IND       COMMON  881624209       37       714  SH      OTHER          1          514    200
TEXAS INSTRS INC              COMMON  882508104      553    17,013  SH      DEFINED        1       14,763        2,250
TEXAS INSTRS INC              COMMON  882508104       51     1,567  SH      OTHER          1        1,567
THERMO FISHER SCIENTIFIC      COMMON  883556102      627    11,328  SH      DEFINED        1       11,328
THERMO FISHER SCIENTIFIC      COMMON  883556102       34       608  SH      OTHER          1          608
TIME WARNER CABLE INC         COMMON  88732J207      819    12,406  SH      DEFINED        1       12,406
TIME WARNER CABLE INC         COMMON  88732J207       31       465  SH      OTHER          1          465
TRANSOCEAN LTD                COMMON  H8817H100      336     4,829  SH      DEFINED        1        3,651        1,178
TRANSOCEAN LTD                COMMON  H8817H100       21       295  SH      OTHER          1          295
TRISTATE CAPITAL BANK         COMMON  99R733108      400    50,000  SH      DEFINED                50,000     --    --
UNITED TECHNOLOGIES COR       COMMON  913017109      178     2,267  SH      DEFINED        1        1,946          321
UNITED TECHNOLOGIES COR       COMMON  913017109       34       433  SH      OTHER          1          433
US BANCORP DEL                COMMON  902973304      306    11,340  SH      DEFINED        1       11,340
US BANCORP DEL                COMMON  902973304       20       733  SH      OTHER          1          733
VERIZON COMMUNICATIONS        COMMON  92343V104    1,354    37,850  SH      DEFINED        1       37,701          149
VERIZON COMMUNICATIONS        COMMON  92343V104      749    20,924  SH      OTHER          1       17,080  3,844
VISA INC                      COMMON  92826C839      416     5,909  SH      DEFINED        1        5,909
VISA INC                      COMMON  92826C839       18       257  SH      OTHER          1          257
VIST FINANCIAL CORP           COMMON  918255100       76    10,655  SH      DEFINED        1       10,655







COLUMN  1                     COL 2  COL 3      COL 4    COLUMN 5           COL 6      COL 7    COLUMN 8
                              TITLE             MARKET                                          VOTING
                              OF                VALUE    SHS OR    SH/ PUT/ INVESTMENT OTHER    AUTHORITY
ISSUER                        CLASS  CUSIP      (X$1000) PRN AMT   PRN CALL DISCRETION MANAGERS SOLE      SHARED  NONE
----------------------------  ------ ---------- -------- --------- --- ---- ---------- -------- --------- ------ -----
                                                                                
WAL MART STORES INC           COMMON  931142103      711    13,188  SH      DEFINED        1       11,182        2,006
WAL MART STORES INC           COMMON  931142103       38       704  SH      OTHER          1          704
WELLS FARGO & CO NEW          COMMON  949746101      271     8,737  SH      DEFINED        1        8,737
WELLS FARGO & CO NEW          COMMON  949746101      124     3,995  SH      OTHER          1        3,995
XCEL ENERGY INC               COMMON  98389B100      578    24,551  SH      DEFINED        1       24,551
XCEL ENERGY INC               COMMON  98389B100       43     1,817  SH      OTHER          1        1,817
ZIMMER HLDGS INC              COMMON  98956P102      455     8,476  SH      DEFINED        1        7,416        1,060
ZIMMER HLDGS INC              COMMON  98956P102       21       400  SH      OTHER          1          300    100

GRAND TOTALS                                      81,619 2,562,126