First Commonwealth Financial Corporation reported unaudited consolidated net charge offs for the fourth quarter ended December 31, 2018. For the quarter, the company's net charge-offs were $4.5 million, or 0.31% of average loans (annualized), compared to $3.5 million in the prior quarter and $2.1 million in the fourth quarter of 2017. Net charge-offs in the fourth quarter were the result of the successful resolution of several problem credits during the quarter.