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LIST OF SUBSIDIARIES                                                 EXHIBIT 21


         Following lists the significant subsidiaries of the registrant
together with their wholly-owned subsidiaries and the state or jurisdiction of
incorporation of each:



         NAME                                                                                  INCORPORATED
                                                                                         
 1)      First National Bank of Pennsylvania                                                   United States

 2)      Bucktail Bank and Trust Company                                                       Pennsylvania

 3)      Reeves Bank                                                                           Pennsylvania

 4)      First County Bank                                                                     Ohio

 5)      The Metropolitan Savings Bank of Ohio                                                 Ohio

 6)      Regency Finance Company                                                               Pennsylvania


         Regency Finance Company conducts business under four names.  Business
is conducted at the fifteen offices in Butler, Clearfield, Crawford, Elk, Erie,
Fayette, Lawrence, McKean, Mercer, Somerset and Warren counties in Pennsylvania
and Chatauqua county in New York under the name of F.N.B. Consumer Discount
Company.  Business is conducted in the six offices in Columbiana, Mahoning,
Lake and Trumbull counties in Ohio under the name of Citizens Budget Company.
Business is conducted in the twelve offices in Centre, Columbia, Lackawanna,
Lehigh, Monroe, Montour, Northampton, Snyder, and Union counties in
Pennsylvania under the name of Regency Consumer Discount Company.  Business is
conducted at the office in Hanover County, Pennsylvania under the name of
Reliance Consumer Discount Company.

         The other subsidiaries conduct business under the names as shown
above.