First Commonwealth Financial Corporation (NYSE:FCF) Q1 2023 Earnings Call Transcript

Jim Reske: We’ve been evaluating it. We have not tapped into that, but we are evaluating it. It seems like some of the financial terms could be attractive. But we want to make sure that there’s been a stigma or signaling effect from tapping it in the market. And so we were eager to see the reaction in the market to others that might have tapped into that and how that appears because there may be some financial advantages to using some of that facility. But to date we have not.

Dan Cardenas: Okay. Great. Perfect. That’s all I have. Thanks guys.

Jim Reske: Thanks, Dan.

Mike Price: You bet.

Operator: And there are no further questions at this time. So I will now turn the call back to Mr. Mike Price for any additional or closing remarks.

Mike Price: Well, thank you again. We appreciate the partnership. We appreciate the opportunity to be with a number of you — several of you every quarter and we always learn from your perspective and thank you for your great questions today. Take care.

Operator: Ladies and gentlemen, this concludes today’s conference call. We thank you for your participation. You may now disconnect.