Ameriserv financial inc /pa/ (ASRV)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Cash and due from depository institutions

17,675

15,642

27,087

21,609

21,675

27,970

23,806

26,971

22,798

26,234

20,267

22,077

22,696

25,107

22,241

20,182

18,067

23,443

16,782

16,748

20,591

23,780

16,820

20,000

20,850

20,288

20,056

16,364

15,561

17,808

19,462

19,817

18,604

26,938

18,245

18,389

14,160

Interest bearing deposits

2,890

2,755

2,884

3,286

3,940

2,740

2,699

2,838

2,794

2,698

2,718

2,749

2,748

3,066

2,781

2,788

2,796

6,960

2,966

2,957

2,969

2,952

2,952

2,963

2,968

2,967

2,968

2,965

17,406

1,730

10,355

10,310

2,709

1,716

13,244

1,721

1,716

Short-term investments in money market funds

3,541

3,771

3,155

3,246

4,056

4,184

4,729

5,212

5,002

5,256

5,690

5,640

5,572

5,900

5,498

4,048

2,760

18,107

12,000

6,886

7,158

6,140

3,710

5,050

6,051

6,811

5,678

6,326

6,589

7,282

3,855

3,848

4,689

6,129

4,697

2,617

3,461

Total cash and cash equivalents

24,106

22,168

33,126

28,141

-

34,894

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total cash and cash equivalents

-

-

-

-

29,671

-

31,234

35,021

30,594

34,188

28,675

30,466

31,016

34,073

30,520

27,018

23,623

48,510

31,748

26,591

30,718

32,872

23,482

28,013

29,869

30,066

28,702

25,655

39,556

26,820

33,672

33,975

26,002

34,783

36,186

22,727

19,337

Investment securities:
Available for sale, at fair value

142,716

141,749

143,400

-

-

146,731

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Available for sale, at fair value

-

-

-

151,088

154,025

-

138,753

135,855

132,390

129,138

129,446

130,703

129,044

127,077

117,789

120,325

115,742

119,467

114,652

122,868

122,533

127,110

130,973

134,504

136,746

141,978

149,065

149,656

146,489

151,538

167,109

176,896

178,262

182,923

185,277

189,661

164,811

Held to maturity (fair value $44,236 on March 31, 2020 and $41,082 on December 31, 2019)

42,068

39,936

39,299

39,752

40,528

40,760

38,673

38,916

38,663

38,752

38,997

37,664

36,737

30,665

27,820

25,428

23,258

21,419

20,361

19,580

19,477

19,840

19,498

19,099

18,008

18,187

18,045

18,628

16,377

13,723

14,210

14,895

11,827

12,280

10,507

9,109

7,824

Loans held for sale

4,750

4,868

5,949

-

-

847

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans held for sale

-

-

-

1,324

619

-

1,041

3,655

843

3,125

1,780

4,630

2,613

3,094

8,777

3,140

2,438

3,003

2,913

4,393

-

5,051

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,575

-

3,964

4,689

2,808

3,402

2,834

6,625

3,941

10,576

6,641

6,009

2,953

7,110

4,163

2,486

7,405

Loans

873,055

883,090

869,529

889,170

862,882

862,604

883,672

891,892

875,249

890,032

896,648

893,683

897,296

884,240

888,013

892,875

880,496

881,541

865,890

862,485

850,979

827,634

814,477

800,557

787,401

783,927

761,459

745,516

714,513

721,802

700,625

685,323

668,863

664,189

663,663

654,734

671,253

Less: Unearned income

406

384

396

413

367

322

339

385

376

399

438

437

453

476

489

502

524

557

590

635

582

554

554

571

589

581

612

619

602

637

642

517

488

452

417

382

477

Allowance for loan losses

9,334

9,279

8,345

8,102

8,107

8,671

9,439

9,521

9,932

10,214

10,346

10,391

10,080

9,932

9,726

9,746

9,520

9,921

9,772

9,717

9,689

9,623

9,582

10,150

10,109

10,104

11,183

11,145

10,960

12,571

12,829

-

-

-

-

-

-

Allowance for loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,317

13,778

14,623

16,069

16,958

19,765

Net loans

863,315

873,427

860,788

880,655

854,408

853,611

873,894

881,986

864,941

879,419

885,864

882,855

886,763

873,832

877,798

882,627

870,452

871,063

855,528

852,133

840,708

817,457

804,341

789,836

776,703

773,242

749,664

733,752

702,951

708,594

687,154

671,489

654,597

649,114

647,177

637,394

651,011

Premises and equipment:
Operating lease right-of-use asset

825

846

868

890

911

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financing lease right-of-use asset

3,074

3,078

3,143

3,207

3,272

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other premises and equipment, net

14,660

14,643

14,798

14,809

14,378

13,348

12,276

12,216

12,406

12,734

12,658

12,159

11,968

11,694

11,823

11,888

11,899

12,108

12,362

12,565

12,781

13,012

13,409

13,400

13,056

13,119

13,265

12,844

12,558

11,798

11,187

10,885

10,821

10,674

10,469

10,545

10,485

Accrued interest income receivable

3,759

3,449

3,765

3,916

3,932

3,489

4,007

3,464

3,555

3,603

3,503

3,331

3,200

3,116

3,007

3,286

3,295

3,057

3,315

3,310

3,300

3,127

3,280

3,186

3,199

2,908

3,300

3,242

3,305

2,960

3,403

3,159

-

-

-

3,671

-

Accrued interest income receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,146

3,216

3,176

-

3,210

Goodwill

11,944

11,944

11,944

11,944

11,944

11,900

11,944

11,944

11,944

11,944

11,944

11,944

11,944

11,944

11,944

11,944

11,944

11,944

11,944

11,944

11,944

11,944

11,944

12,613

12,613

12,613

12,613

12,613

12,613

12,613

12,613

12,613

12,613

12,613

12,613

12,613

12,950

Bank owned life insurance

39,041

38,916

38,784

38,652

38,523

38,395

38,260

38,125

37,992

37,860

37,716

37,573

38,044

37,903

37,733

37,564

37,396

37,228

37,266

37,558

37,388

37,417

37,228

37,040

36,856

36,669

36,463

36,260

36,415

36,214

35,996

35,779

35,566

35,351

35,127

34,901

34,466

Net deferred tax asset

3,705

3,976

-

-

-

3,637

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net deferred tax asset

-

-

3,578

3,710

4,323

-

5,985

6,040

5,585

5,963

9,255

9,791

9,998

10,655

8,623

8,767

9,560

8,993

8,284

8,969

8,938

9,548

-

-

-

9,572

-

-

-

11,467

-

-

-

12,681

-

-

-

Net deferred tax asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,799

8,717

9,142

-

11,073

11,606

11,089

-

10,592

11,364

12,182

-

12,390

13,853

16,058

Federal Home Loan Bank stock

3,988

3,985

3,630

4,763

4,035

4,520

5,010

5,947

4,265

4,675

4,429

4,302

4,284

3,359

3,355

3,737

4,647

4,628

4,661

5,180

3,501

4,048

5,027

4,518

3,534

4,677

4,514

4,866

3,565

4,179

4,808

5,317

5,597

5,891

6,202

6,528

7,233

Federal Reserve Bank stock

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

2,125

Prepaid federal deposit insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,324

1,444

1,524

1,614

1,714

1,814

1,953

2,201

3,073

Other assets

8,279

6,074

6,229

5,607

4,988

6,379

5,604

5,216

5,857

4,129

4,524

4,419

4,391

4,243

4,341

4,643

5,322

4,952

5,684

5,718

6,428

5,712

6,361

5,977

6,449

7,478

6,481

7,212

7,410

6,940

11,247

10,982

9,996

8,501

6,074

7,079

8,986

TOTAL ASSETS

1,168,355

1,171,184

1,171,426

1,190,583

1,167,682

1,160,680

1,168,806

1,180,510

1,151,160

1,167,655

1,170,916

1,171,962

1,172,127

1,153,780

1,145,655

1,142,492

1,121,701

1,148,497

1,110,843

1,112,934

1,103,416

1,089,263

1,070,431

1,063,717

1,051,108

1,056,036

1,038,144

1,025,084

999,718

1,000,991

1,002,281

997,102

967,401

979,076

973,439

954,893

948,974

LIABILITIES
Non-interest bearing deposits

145,630

136,462

144,567

158,293

152,695

150,627

152,959

184,282

179,137

183,603

182,396

180,638

182,528

188,808

178,664

173,643

180,348

188,947

158,374

161,874

171,074

167,551

156,876

153,416

157,616

154,002

158,516

159,287

165,028

156,223

157,441

155,797

149,124

141,982

148,080

131,464

127,870

Interest bearing deposits

811,963

824,051

825,422

810,187

805,084

798,544

791,254

743,894

765,069

764,342

784,525

775,737

782,248

778,978

784,072

767,288

726,425

714,347

711,525

701,028

721,602

702,330

715,294

720,492

717,717

700,520

693,695

680,985

682,161

679,511

692,684

698,220

670,981

674,438

679,278

678,618

673,346

Total deposits

957,593

960,513

969,989

968,480

957,779

949,171

944,213

928,176

944,206

947,945

966,921

956,375

964,776

967,786

962,736

940,931

906,773

903,294

869,899

862,902

892,676

869,881

872,170

873,908

875,333

854,522

852,211

840,272

847,189

835,734

850,125

854,017

820,105

816,420

827,358

810,082

801,216

Short-term borrowings

16,354

22,412

11,275

35,190

30,912

41,029

61,254

82,932

-

49,084

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term borrowings

-

-

-

-

-

-

-

-

36,895

-

33,593

42,101

33,676

12,754

7,901

22,575

39,952

48,748

52,988

63,430

27,219

38,880

26,438

18,677

-

41,555

-

-

-

-

-

-

-

-

-

-

-

Short-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,483

-

31,096

34,292

0

15,660

0

-

1,390

15,765

0

-

4,550

Advances from Federal Home Loan Bank

58,218

53,668

55,630

53,124

48,571

46,721

42,545

43,969

45,969

46,229

44,042

45,042

46,042

45,542

49,042

50,042

49,000

48,000

48,000

46,000

44,000

42,000

37,000

34,000

28,000

25,000

21,000

16,000

16,000

13,000

12,000

3,000

5,000

6,000

9,707

9,722

9,750

Operating lease liabilities

842

865

886

907

928

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financing lease liabilities

3,177

3,163

3,210

3,253

3,295

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Guaranteed junior subordinated deferrable interest debentures, net

12,959

12,955

12,951

12,947

12,943

12,939

12,935

12,931

12,927

12,923

12,919

12,916

12,912

12,908

12,904

12,900

12,896

12,892

13,085

13,085

13,085

13,085

13,085

13,085

13,085

13,085

13,085

13,085

13,085

13,085

13,085

13,085

13,085

13,085

13,085

13,085

13,085

Subordinated debt, net

7,517

7,511

7,505

7,499

7,493

7,488

7,482

7,476

7,470

7,465

7,459

7,453

7,447

7,441

7,435

7,430

7,424

7,418

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total borrowed funds

99,067

100,574

91,457

-

-

108,177

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total borrowed funds

-

-

-

112,920

104,142

-

124,216

147,308

103,261

115,701

98,013

107,512

100,077

78,645

77,282

92,947

109,272

117,058

114,073

122,515

84,304

93,965

76,523

65,762

53,568

79,640

65,181

63,377

29,085

41,745

25,085

16,085

19,475

-

22,792

22,807

27,385

Total borrowed funds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34,850

-

-

-

Other liabilities

10,855

11,483

7,520

7,707

6,700

5,355

3,198

8,143

7,883

8,907

8,872

11,798

11,670

11,954

5,593

9,382

8,067

9,172

7,463

10,212

10,108

11,010

5,592

8,101

7,617

8,567

10,382

12,153

11,999

13,044

14,760

16,190

15,551

15,454

9,125

10,594

13,315

TOTAL LIABILITIES

1,067,515

1,072,570

1,068,966

1,089,107

1,068,621

1,062,703

1,071,627

1,083,627

1,055,350

1,072,553

1,073,806

1,075,685

1,076,523

1,058,385

1,045,611

1,043,260

1,024,112

1,029,524

991,435

995,629

987,088

974,856

954,285

947,771

936,518

942,729

927,774

915,802

888,273

890,523

889,970

886,292

855,131

866,724

859,275

843,483

841,916

SHAREHOLDERS' EQUITY
Preferred stock, no par value; $1,000 per share liquidation preference; 2,000,000 shares authorized; there were 21,000 shares issued and outstanding on December 31, 2015

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

21,000

21,000

21,000

21,000

21,000

21,000

21,000

21,000

21,000

21,000

21,000

21,000

21,000

21,000

21,000

21,000

21,000

21,000

20,724

20,669

Common stock, par value $0.01 per share; 30,000,000 shares authorized; 26,672,463 shares issued and 17,043,644 shares outstanding on March 31, 2020; 26,650,728 shares issued and 17,057,871 shares outstanding on December 31, 2019

267

267

266

266

266

266

266

266

266

266

266

265

265

265

265

265

265

265

265

265

265

264

264

264

264

264

264

264

264

264

264

264

264

264

264

264

264

Treasury stock at cost, 9,628,819 shares on March 31, 2020 and 9,592,857 shares on December 31, 2019

83,280

83,129

82,745

81,741

81,055

80,579

79,941

78,678

78,678

78,233

77,586

76,698

75,821

74,829

74,829

74,829

74,829

74,829

74,829

74,829

74,829

74,829

74,829

74,829

74,829

74,829

74,829

74,829

73,658

73,658

73,388

73,302

70,326

69,241

68,659

68,659

68,659

Capital surplus

145,938

145,888

145,884

145,883

145,870

145,782

145,779

145,771

145,739

145,707

145,704

145,599

145,577

145,535

145,530

145,506

145,496

145,441

145,434

145,411

145,387

145,256

145,246

145,235

145,222

145,190

145,170

145,139

145,119

145,102

145,091

145,070

145,067

145,061

145,059

145,056

145,045

Retained earnings

52,745

51,759

50,876

49,618

48,262

46,733

45,160

43,191

41,807

40,312

39,450

38,175

37,066

36,001

35,135

34,355

33,181

34,651

33,518

31,926

30,746

29,618

29,110

28,985

28,247

27,557

25,955

24,971

24,143

23,139

22,457

21,400

20,231

18,928

18,249

17,222

14,601

Accumulated other comprehensive loss, net

-14,830

-16,171

-11,821

-12,550

-14,282

-14,225

-14,085

-13,667

-13,324

-12,950

-10,724

-11,064

-11,483

-11,577

-6,057

-6,065

-6,524

-7,555

-5,980

-6,468

-6,241

-6,902

-4,645

-4,709

-5,314

-5,875

-7,190

-7,263

-5,423

-5,379

-3,113

-3,622

-3,966

-3,660

-1,749

-3,197

-4,862

TOTAL SHAREHOLDERS' EQUITY

100,840

98,614

102,460

101,476

99,061

97,977

97,179

96,883

95,810

95,102

97,110

96,277

95,604

95,395

100,044

99,232

97,589

118,973

119,408

117,305

116,328

114,407

116,146

115,946

114,590

113,307

110,370

109,282

111,445

110,468

112,311

110,810

112,270

112,352

114,164

111,410

107,058

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY

1,168,355

1,171,184

1,171,426

1,190,583

1,167,682

1,160,680

1,168,806

1,180,510

1,151,160

1,167,655

1,170,916

1,171,962

1,172,127

1,153,780

1,145,655

1,142,492

1,121,701

1,148,497

1,110,843

1,112,934

1,103,416

1,089,263

1,070,431

1,063,717

1,051,108

1,056,036

1,038,144

1,025,084

999,718

1,000,991

1,002,281

997,102

967,401

979,076

973,439

954,893

948,974