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

                                    Form 13F

                               Form 13F COVER PAGE

          Report for the Calendar Year or Quarter Ended: June 30, 2006

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:   John J. Dolan
Title:  Executive Vice President and Chief Financial Officer
Phone:  (724) 349-7220

Signature,Place, and Date of Signing:

/s/ John J. Dolan
-----------------
John J. Dolan,     Indiana, PA,  08/08/2006

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).)

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                              Form 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers: 1

Form 13F Information Table Entry Total: 212

Form 13F Information Table Value Total: $156,217 (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:



                                            FORM 13F INFORMATION TABLE



COLUMN  1                      COL 2    COL 3      COL 4     COLUMN 5             COL 6       COL 7      COLUMN 8
                               TITLE              MARKET
                                OF                 VALUE     SHS OR    SH/  PUT/  INVESTMENT   OTHER     VOTING AUTHORITY
ISSUER                         CLASS    CUSIP     (X$1000)   PRN AMT   PRN  CALL  DISCRETION  MANAGERS     SOLE      SHARED  NONE
----------------------------  -------  ---------  --------  ---------  ---- ----  ----------  --------   --------   -------  ----
                                                                                               
3M CO                         COMMON   88579Y101       393      4,860  SH         DEFINED            1      4,860         0     0
3M CO                         COMMON   88579Y101       756      9,360  SH         OTHER              1      9,360         0     0
ABBOTT LABS                   COMMON   002824100       868     19,906  SH         DEFINED            1     19,906         0     0
ABBOTT LABS                   COMMON   002824100        29        675  SH         OTHER              1        675         0     0
AIR PRODS & CHEMS INC         COMMON   009158106       503      7,862  SH         DEFINED            1      7,862         0     0
AIR PRODS & CHEMS INC         COMMON   009158106        19        300  SH         OTHER              1        300         0     0
ALLSTATE CORP                 COMMON   020002101       944     17,248  SH         DEFINED            1     17,248         0     0
ALLSTATE CORP                 COMMON   020002101       405      7,399  SH         OTHER              1      7,399         0     0
ALLTEL CORP                   COMMON   020039103       938     14,688  SH         DEFINED            1     14,688         0     0
ALLTEL CORP                   COMMON   020039103       454      7,116  SH         OTHER              1        600     6,516     0
ALTRIA GROUP INC              COMMON   02209S103     1,223     16,650  SH         DEFINED            1     16,650         0     0
ALTRIA GROUP INC              COMMON   02209S103     2,239     30,490  SH         OTHER              1     30,490         0     0
AMERICAN INTL GROUP INC       COMMON   026874107       875     14,820  SH         DEFINED            1     14,820         0     0
AMERICAN INTL GROUP INC       COMMON   026874107        48        818  SH         OTHER              1        818         0     0
AMGEN INC                     COMMON   031162100     1,179     18,081  SH         DEFINED            1     18,081         0     0
AMGEN INC                     COMMON   031162100        75      1,150  SH         OTHER              1      1,150         0     0
ANHEUSER BUSCH COS INC        COMMON   035229103       356      7,800  SH         DEFINED            1      7,800         0     0
ANHEUSER BUSCH COS INC        COMMON   035229103        14        300  SH         OTHER              1        300         0     0
APACHE CORP                   COMMON   037411105       942     13,809  SH         DEFINED            1     13,809         0     0
APACHE CORP                   COMMON   037411105        82      1,199  SH         OTHER              1        675       524     0
AT&T INC                      COMMON   00206R102       643     23,037  SH         DEFINED            1     23,037         0     0
AT&T INC                      COMMON   00206R102       302     10,837  SH         OTHER              1     10,832         0     5
AUTOMATIC DATA PROCESSING IN  COMMON   053015103       746     16,460  SH         DEFINED            1     16,460         0     0
AUTOMATIC DATA PROCESSING IN  COMMON   053015103        54      1,200  SH         OTHER              1      1,200         0     0
BANK OF AMERICA CORPORATION   COMMON   060505104     1,374     28,574  SH         DEFINED            1     28,574         0     0
BANK OF AMERICA CORPORATION   COMMON   060505104       209      4,349  SH         OTHER              1      4,349         0     0
BECTON DICKINSON & CO         COMMON   075887109       665     10,875  SH         DEFINED            1     10,875         0     0
BECTON DICKINSON & CO         COMMON   075887109        60        975  SH         OTHER              1        975         0     0
BELLSOUTH CORP                COMMON   079860102       400     11,058  SH         DEFINED            1     10,658       400     0
BELLSOUTH CORP                COMMON   079860102       135      3,735  SH         OTHER              1      3,735         0     0
BERKSHIRE SECURITIES          COMMON   084991868     1,308      6,140  SH         DEFINED            1      6,140         0     0
BERKSHIRE SECURITIES          COMMON   084991868       383      1,800  SH         OTHER              1      1,800         0     0
BICO INC                      COMMON   088766100         0    101,100  SH         DEFINED            1    101,100         0     0
BJ SVCS CO                    COMMON   055482103       717     19,255  SH         DEFINED            1     19,255         0     0
BJ SVCS CO                    COMMON   055482103        19        500  SH         OTHER              1        500         0     0
BOEING CO                     COMMON   097023105       236      2,880  SH         DEFINED            1      2,880         0     0
BOEING CO                     COMMON   097023105       163      1,986  SH         OTHER              1      1,986         0     0
BP PLC                        COMMON   055622104     1,435     20,616  SH         DEFINED            1     20,611         0     5
BP PLC                        COMMON   055622104       448      6,431  SH         OTHER              1      5,429     1,002     0
CAREMARK RX INC               COMMON   141705103       833     16,705  SH         DEFINED            1     16,705         0     0
CAREMARK RX INC               COMMON   141705103        37        750  SH         OTHER              1        750         0     0
CATERPILLAR INC DEL           COMMON   149123101       223      2,989  SH         DEFINED            1      2,989         0     0
CATERPILLAR INC DEL           COMMON   149123101        35        475  SH         OTHER              1        475         0     0
CHEVRON CORP NEW              COMMON   166764100       540      8,709  SH         DEFINED            1      8,704         0     5
CHEVRON CORP NEW              COMMON   166764100       270      4,357  SH         OTHER              1      3,632         0   725
CISCO SYS INC                 COMMON   17275R102     1,428     73,097  SH         DEFINED            1     73,097         0     0
CISCO SYS INC                 COMMON   17275R102       116      5,925  SH         OTHER              1      5,425         0   500
CITIGROUP INC                 COMMON   172967101     1,374     28,470  SH         DEFINED            1     28,470         0     0
CITIGROUP INC                 COMMON   172967101       181      3,755  SH         OTHER              1      3,390       365     0
CNB FINL CORP PA              COMMON   126128107       325     23,400  SH         DEFINED            1     23,400         0     0
CONOCOPHILLIPS                COMMON   20825C104       217      3,309  SH         DEFINED            1      3,304         0     5
CONOCOPHILLIPS                COMMON   20825C104        29        450  SH         OTHER              1        450         0     0
CONSTELLATION ENERGY GROUP I  COMMON   210371100       219      4,020  SH         OTHER              1      4,020         0     0
COVENTRY HEALTH CARE INC      COMMON   222862104       955     17,391  SH         DEFINED            1     17,391         0     0
COVENTRY HEALTH CARE INC      COMMON   222862104        53        963  SH         OTHER              1        963         0     0
CTC COMMUNICATIONS GROUP INC  COMMON   126419100         0     10,000  SH         DEFINED            1     10,000         0     0
DANAHER CORP DEL              COMMON   235851102       514      7,985  SH         DEFINED            1      7,985         0     0
DANAHER CORP DEL              COMMON   235851102         5         75  SH         OTHER              1         75         0     0
DISNEY WALT CO                COMMON   254687106       593     19,760  SH         DEFINED            1     19,760         0     0
DISNEY WALT CO                COMMON   254687106        34      1,125  SH         OTHER              1      1,125         0     0
DOMINION RES INC VA NEW       COMMON   25746U109       927     12,398  SH         DEFINED            1     12,398         0     0
DOMINION RES INC VA NEW       COMMON   25746U109       128      1,707  SH         OTHER              1      1,707         0     0
DOW CHEM CO                   COMMON   260543103       939     24,070  SH         DEFINED            1     24,070         0     0
DOW CHEM CO                   COMMON   260543103        20        500  SH         OTHER              1        500         0     0
DU PONT E I DE NEMOURS & CO   COMMON   263534109       410      9,854  SH         DEFINED            1      9,854         0     0
DU PONT E I DE NEMOURS & CO   COMMON   263534109        79      1,900  SH         OTHER              1        300     1,600     0
E M C CORP MASS               COMMON   268648102       340     31,000  SH         DEFINED            1     31,000         0     0
E M C CORP MASS               COMMON   268648102         3        300  SH         OTHER              1        300         0     0
EBAY INC                      COMMON   278642103       751     25,640  SH         DEFINED            1     25,640         0     0
EBAY INC                      COMMON   278642103        16        550  SH         OTHER              1        550         0     0
ELECTRONIC ARTS INC           COMMON   285512109       285      6,615  SH         DEFINED            1      6,615         0     0
ELECTRONIC ARTS INC           COMMON   285512109         6        150  SH         OTHER              1        150         0     0
EMBRYO DEV CORP               COMMON   290818103         1     15,000  SH         DEFINED            1     15,000         0     0
EMERSON ELEC CO               COMMON   291011104        25        300  SH         DEFINED            1        300         0     0
EMERSON ELEC CO               COMMON   291011104       807      9,630  SH         OTHER              1      9,630         0     0
ESB FINANCIAL CORP            COMMON   26884F102       145     12,510  SH         DEFINED                  12,510         0     0
EXELON CORP                   COMMON   30161N101       127      2,236  SH         DEFINED            1      2,236         0     0
EXELON CORP                   COMMON   30161N101       106      1,866  SH         OTHER              1      1,866         0     0
EXXON MOBIL CORP              COMMON   30231G102     3,740     60,966  SH         DEFINED            1     60,961         0     5





                                                                                               
EXXON MOBIL CORP              COMMON   30231G102     2,145     34,967  SH         OTHER              1     14,441    20,526     0
FEDEX CORP                    COMMON   31428X106     1,116      9,550  SH         DEFINED            1      9,550         0     0
FEDEX CORP                    COMMON   31428X106        41        350  SH         OTHER              1        350         0     0
FIRST COMWLTH FINL CORP PA    COMMON   319829107    16,056  1,264,273  SH         DEFINED            1  1,260,457     3,816     0
FIRST COMWLTH FINL CORP PA    COMMON   319829107     1,300    102,353  SH         OTHER              1     56,243    46,110     0
FLEXTRONICS INTL LTD          COMMON   Y2573F102       223     20,975  SH         DEFINED            1     20,975         0     0
FLEXTRONICS INTL LTD          COMMON   Y2573F102         5        500  SH         OTHER              1        500         0     0
FNB                           COMMON   302520101     4,791    303,600  SH         DEFINED                 303,600         0     0
FORTUNE BRANDS INC            COMMON   349631101     1,128     15,892  SH         DEFINED            1     15,892         0     0
FORTUNE BRANDS INC            COMMON   349631101        32        450  SH         OTHER              1        450         0     0
FPL GROUP INC                 COMMON   302571104       256      6,190  SH         DEFINED            1      6,190         0     0
FPL GROUP INC                 COMMON   302571104        97      2,350  SH         OTHER              1      2,350         0     0
GATEWAY BANK OF PENNSYLVANIA  COMMON   869099101        50      5,000  SH         DEFINED                   5,000         0     0
GENERAL ELECTRIC CO           COMMON   369604103     3,008     91,249  SH         DEFINED            1     91,249         0     0
GENERAL ELECTRIC CO           COMMON   369604103     4,036    122,450  SH         OTHER              1    120,345     2,105     0
GLAXOSMITHKLINE PLC           COMMON   37733W105       700     12,549  SH         DEFINED            1     12,549         0     0
GLAXOSMITHKLINE PLC           COMMON   37733W105        17        300  SH         OTHER              1        300         0     0
HARTFORD FINL SVCS GROUP INC  COMMON   416515104     1,019     12,045  SH         DEFINED            1     12,045         0     0
HARTFORD FINL SVCS GROUP INC  COMMON   416515104       113      1,335  SH         OTHER              1      1,335         0     0
INGERSOLL-RAND COMPANY LTD    COMMON   G4776G101       768     17,945  SH         DEFINED            1     17,945         0     0
INGERSOLL-RAND COMPANY LTD    COMMON   G4776G101       533     12,450  SH         OTHER              1     12,450         0     0
INTEL CORP                    COMMON   458140100       302     15,885  SH         DEFINED            1     15,885         0     0
INTEL CORP                    COMMON   458140100        95      5,000  SH         OTHER              1      5,000         0     0
INTERNATIONAL BUSINESS MACHS  COMMON   459200101     1,508     19,635  SH         DEFINED            1     19,635         0     0
INTERNATIONAL BUSINESS MACHS  COMMON   459200101     1,147     14,926  SH         OTHER              1     14,826       100     0
JACOBS ENGR GROUP INC DEL     COMMON   469814107       863     10,830  SH         DEFINED            1     10,830         0     0
JACOBS ENGR GROUP INC DEL     COMMON   469814107        32        400  SH         OTHER              1        400         0     0
JOHNSON & JOHNSON             COMMON   478160104     1,585     26,449  SH         DEFINED            1     26,449         0     0
JOHNSON & JOHNSON             COMMON   478160104       488      8,140  SH         OTHER              1      8,140         0     0
JP MORGAN CHASE & CO          COMMON   46625H100       377      8,977  SH         DEFINED            1      8,977         0     0
JP MORGAN CHASE & CO          COMMON   46625H100        16        370  SH         OTHER              1        370         0     0
JUNIATA VALLEY NATL BK        COMMON   482016102     1,117     48,238  SH         DEFINED            1     48,238         0     0
L-3 COMMUNICATIONS HLDGS INC  COMMON   502424104       667      8,845  SH         DEFINED            1      8,845         0     0
L-3 COMMUNICATIONS HLDGS INC  COMMON   502424104        17        225  SH         OTHER              1        225         0     0
LAUREL CAPITAL GROUP INC      COMMON   518629100       333     12,000  SH         DEFINED                  12,000         0     0
LEESPORT FINANCIAL
 CORPORATION                  COMMON   524477106     1,851     80,482  SH         DEFINED                  80,482         0     0
LEHMAN BROS HLDGS INC         COMMON   524908100       752     11,542  SH         DEFINED            1     11,542         0     0
LEHMAN BROS HLDGS INC         COMMON   524908100        55        850  SH         OTHER              1        850         0     0
LOWES COS INC                 COMMON   548661107     1,287     21,213  SH         DEFINED            1     21,213         0     0
LOWES COS INC                 COMMON   548661107       174      2,875  SH         OTHER              1      2,575       300     0
LUCENT TECHNOLOGIES INC       COMMON   549463107        22      9,158  SH         DEFINED            1      9,082        76     0
LUCENT TECHNOLOGIES INC       COMMON   549463107         3      1,317  SH         OTHER              1      1,317         0     0
MAGNITUDE INFORMATION SYS IN  COMMON   559534102         7    112,400  SH         DEFINED            1    112,400         0     0
MCCORMICK & CO INC            COMMON   579780206       573     17,085  SH         DEFINED            1     17,085         0     0
MCCORMICK & CO INC            COMMON   579780206        16        475  SH         OTHER              1        475         0     0
MELLON FINL CORP              COMMON   58551A108       409     11,874  SH         DEFINED            1     11,874         0     0
MELLON FINL CORP              COMMON   58551A108       133      3,870  SH         OTHER              1      1,600     2,270     0
MERCK & CO INC                COMMON   589331107        94      2,576  SH         DEFINED            1      2,576         0     0
MERCK & CO INC                COMMON   589331107     1,047     28,747  SH         OTHER              1     28,147       600     0
MERRILL LYNCH & CO INC        COMMON   590188108     1,232     17,715  SH         DEFINED            1     17,715         0     0
MERRILL LYNCH & CO INC        COMMON   590188108       144      2,075  SH         OTHER              1      2,075         0     0
MICROSOFT CORP                COMMON   594918104     1,294     55,524  SH         DEFINED            1     55,524         0     0
MICROSOFT CORP                COMMON   594918104        52      2,235  SH         OTHER              1      2,235         0     0
MORGAN STANLEY                COMMON   617446448         4         60  SH         DEFINED            1         60         0     0
MORGAN STANLEY                COMMON   617446448       303      4,797  SH         OTHER              1      4,797         0     0
MOTOROLA INC                  COMMON   620076109       478     23,715  SH         DEFINED            1     23,715         0     0
MOTOROLA INC                  COMMON   620076109        14        700  SH         OTHER              1        700         0     0
NATIONAL CITY CORP            COMMON   635405103       624     17,247  SH         DEFINED            1     17,247         0     0
NATIONAL CITY CORP            COMMON   635405103         5        150  SH         OTHER              1        150         0     0
NEW MEXICO BANQUEST           COMMON   647991926    11,071     45,186  SH         DEFINED            1     45,186         0     0
NEW MEXICO BANQUEST           COMMON   647991926       176        717  SH         OTHER              1        717         0     0
NOBLE CORPORATION             COMMON   G65422100       351      4,720  SH         DEFINED            1      4,720         0     0
NOBLE CORPORATION             COMMON   G65422100         4         50  SH         OTHER              1         50         0     0
NORTH PITTSBURGH SYS INC      COMMON   661562108       297     10,764  SH         DEFINED            1     10,764         0     0
OMEGA FINANCIAL CORP          COMMON   682092101     5,100    165,377  SH         DEFINED                 165,377         0     0
ORACLE CORP                   COMMON   68389X105       777     53,651  SH         DEFINED            1     53,651         0     0
ORACLE CORP                   COMMON   68389X105        45      3,116  SH         OTHER              1      3,116         0     0
OSCIENT PHARMACEUTICALS CORP  COMMON   68812R105        12     14,400  SH         DEFINED            1     14,400         0     0
PARKVALE FINANCIAL CORP       COMMON   701492100     6,568    224,544  SH         DEFINED                 224,544         0     0
PENNSYLVANIA RL ESTATE INVT   COMMON   709102107       299      7,414  SH         DEFINED            1      7,414         0     0
PEPSICO INC                   COMMON   713448108     1,630     27,151  SH         DEFINED            1     27,151         0     0
PEPSICO INC                   COMMON   713448108     1,313     21,875  SH         OTHER              1     21,875         0     0
PETSMART INC                  COMMON   716768106       503     19,650  SH         DEFINED            1     19,650         0     0
PETSMART INC                  COMMON   716768106         4        175  SH         OTHER              1        175         0     0
PFIZER INC                    COMMON   717081103       749     31,892  SH         DEFINED            1     31,892         0     0
PFIZER INC                    COMMON   717081103       532     22,649  SH         OTHER              1     22,649         0     0
PNC FINL SVCS GROUP INC       COMMON   693475105       576      8,203  SH         DEFINED            1      8,203         0     0
PNC FINL SVCS GROUP INC       COMMON   693475105       175      2,500  SH         OTHER              1      2,500         0     0
PPG INDS INC                  COMMON   693506107       247      3,737  SH         DEFINED            1      3,737         0     0
PPG INDS INC                  COMMON   693506107     1,574     23,852  SH         OTHER              1     18,702     5,150     0
PPL CORP                      COMMON   69351T106       294      9,092  SH         DEFINED            1      9,092         0     0
PPL CORP                      COMMON   69351T106       145      4,500  SH         OTHER              1      4,500         0     0
PRICE T ROWE GROUP INC        COMMON   74144T108       801     21,180  SH         DEFINED            1     21,180         0     0
PRICE T ROWE GROUP INC        COMMON   74144T108        62      1,650  SH         OTHER              1      1,650         0     0
PROCTER & GAMBLE CO           COMMON   742718109     1,647     29,629  SH         DEFINED            1     29,629         0     0
PROCTER & GAMBLE CO           COMMON   742718109     2,252     40,496  SH         OTHER              1     40,496         0     0
PUBLIC SVC ENTERPRISE GROUP   COMMON   744573106       102      1,539  SH         DEFINED            1      1,539         0     0
PUBLIC SVC ENTERPRISE GROUP   COMMON   744573106       280      4,230  SH         OTHER              1      4,230         0     0
QUALCOMM INC                  COMMON   747525103       836     20,868  SH         DEFINED            1     20,868         0     0





                                                                                               
QUALCOMM INC                  COMMON   747525103        31        775  SH         OTHER              1        775         0     0
ROCKWELL AUTOMATION INC       COMMON   773903109       238      3,305  SH         DEFINED            1      3,305         0     0
ROCKWELL AUTOMATION INC       COMMON   773903109       144      2,000  SH         OTHER              1      2,000         0     0
ROCKWELL COLLINS INC          COMMON   774341101       170      3,037  SH         DEFINED            1      3,037         0     0
ROCKWELL COLLINS INC          COMMON   774341101       112      2,000  SH         OTHER              1      2,000         0     0
ROYAL BANCSHARES OF PENN-A    COMMON   780081105       466     19,197  SH         DEFINED                  19,197         0     0
ROYAL DUTCH SHELL PLC         COMMON   780259206       202      3,016  SH         DEFINED            1      3,016         0     0
ROYAL DUTCH SHELL PLC         COMMON   780259206       169      2,521  SH         OTHER              1      2,521         0     0
S & T BANCORP INC             COMMON   783859101     2,627     79,042  SH         DEFINED            1     79,042         0     0
S & T BANCORP INC             COMMON   783859101       439     13,219  SH         OTHER              1     13,219         0     0
SCHLUMBERGER LTD              COMMON   806857108       285      4,384  SH         DEFINED            1      4,384         0     0
SCHLUMBERGER LTD              COMMON   806857108        30        468  SH         OTHER              1        468         0     0
SOUTHERN CO                   COMMON   842587107       575     17,934  SH         DEFINED            1     17,934         0     0
SOUTHERN CO                   COMMON   842587107        19        600  SH         OTHER              1        600         0     0
SUSQUEHANNA BANCSHARES INC    COMMON   869099101     1,422     59,487  SH         DEFINED                  59,487         0     0
SUSQUEHANNA BANCSHARES INC P  COMMON   869099101     1,249     52,242  SH         DEFINED            1     52,242         0     0
TARGET CORP                   COMMON   87612E106     1,139     23,315  SH         DEFINED            1     23,315         0     0
TARGET CORP                   COMMON   87612E106       168      3,438  SH         OTHER              1      3,438         0     0
TEXAS INSTRS INC              COMMON   882508104       875     28,900  SH         DEFINED            1     28,900         0     0
TEXAS INSTRS INC              COMMON   882508104        83      2,750  SH         OTHER              1      2,750         0     0
UNITED TECHNOLOGIES CORP      COMMON   913017109     1,064     16,780  SH         DEFINED            1     16,780         0     0
UNITED TECHNOLOGIES CORP      COMMON   913017109        41        640  SH         OTHER              1        640         0     0
VALERO ENERGY CORP NEW        COMMON   91913Y100       819     12,310  SH         DEFINED            1     12,310         0     0
VALERO ENERGY CORP NEW        COMMON   91913Y100        37        550  SH         OTHER              1        550         0     0
VERIZON COMMUNICATIONS        COMMON   92343V104     2,024     60,428  SH         DEFINED            1     60,428         0     0
VERIZON COMMUNICATIONS        COMMON   92343V104       929     27,746  SH         OTHER              1     23,202     4,544     0
VODAFONE GROUP PLC NEW        COMMON   92857W100        62      2,890  SH         DEFINED            1      2,890         0     0
VODAFONE GROUP PLC NEW        COMMON   92857W100       154      7,219  SH         OTHER              1      7,219         0     0
VORNADO RLTY TR               COMMON   929042109       655      6,710  SH         DEFINED            1      6,710         0     0
VORNADO RLTY TR               COMMON   929042109        88        900  SH         OTHER              1        900         0     0
WACHOVIA CORP 2ND NEW         COMMON   929903102       821     15,190  SH         DEFINED            1     15,190         0     0
WAL MART STORES INC           COMMON   931142103     1,179     24,484  SH         DEFINED            1     24,484         0     0
WAL MART STORES INC           COMMON   931142103       123      2,550  SH         OTHER              1      2,550         0     0
WALGREEN CO                   COMMON   931422109       654     14,585  SH         DEFINED            1     14,585         0     0
WALGREEN CO                   COMMON   931422109        16        350  SH         OTHER              1        350         0     0
WASHINGTON MUT INC            COMMON   939322103       612     13,434  SH         DEFINED            1     13,434         0     0
WASHINGTON MUT INC            COMMON   939322103        47      1,040  SH         OTHER              1      1,040         0     0
WELLPOINT INC                 COMMON   94973V107       446      6,130  SH         DEFINED            1      6,130         0     0
WELLPOINT INC                 COMMON   94973V107         4         50  SH         OTHER              1         50         0     0
WELLS FARGO & CO NEW          COMMON   949746101     1,243     18,531  SH         DEFINED            1     18,531         0     0
WELLS FARGO & CO NEW          COMMON   949746101        70      1,041  SH         OTHER              1      1,041         0     0
WILLOW GROVE BANCORP          COMMON   97111W101       480     30,200  SH         DEFINED                  30,200         0     0
WYETH                         COMMON   983024100       695     15,653  SH         DEFINED            1     15,653         0     0
WYETH                         COMMON   983024100        60      1,350  SH         OTHER              1      1,350         0     0

GRAND TOTALS                                       156,217  4,989,814