Ameriserv financial inc /pa/ (ASRVP)
Income statement / TTM
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'11Mar'11Sep'10Jun'10
INTEREST INCOME
Interest and fees on loans:
Interest and fees on loans

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

0

0

Interest bearing deposits

22

24

24

23

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest bearing deposits

-

-

-

-

-

-

-

-

13

-

10

9

8

13

11

10

13

8

9

10

6

5

5

4

6

6

7

8

10

10

12

0

0

-

0

-

-

0

-

Short-term investments in money market funds

296

293

263

239

227

201

187

169

149

130

123

112

98

84

62

34

22

14

8

6

7

7

6

6

8

8

11

14

17

18

16

14

9

9

12

14

0

0

0

Federal funds sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

9

10

0

0

0

Investment securities:
Available for sale

0

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Available for sale

-

-

-

5,030

-

-

-

4,084

3,928

-

3,627

3,433

3,266

3,132

3,094

3,105

3,104

3,250

3,320

3,389

3,517

3,528

3,615

3,667

3,669

3,701

3,811

4,008

4,311

4,634

4,907

5,298

5,705

5,837

5,881

5,735

0

0

0

Held to maturity

1,428

1,427

1,421

1,413

1,347

1,318

1,302

1,283

1,256

1,198

1,094

982

871

779

725

678

637

614

600

583

573

559

547

542

529

508

479

455

443

440

437

427

420

403

405

414

0

0

0

Total Interest Income

49,547

49,767

49,487

49,203

48,041

47,094

46,339

45,377

44,825

44,356

43,568

42,857

42,195

41,869

41,569

41,760

41,780

41,881

41,943

41,295

40,869

40,441

40,300

40,092

39,736

39,343

39,018

39,237

39,495

39,917

40,385

40,847

41,492

41,964

42,678

43,636

0

0

0

INTEREST EXPENSE
Deposits

10,917

11,189

11,017

10,286

9,392

8,443

7,615

7,069

6,600

6,255

5,983

5,756

5,582

5,400

5,208

4,991

4,832

4,752

4,720

4,783

4,852

4,889

4,940

4,977

5,025

5,164

5,397

5,710

6,090

6,502

6,914

7,365

7,803

8,335

9,106

9,901

0

0

0

Short-term borrowings

198

288

467

696

730

720

605

382

279

206

133

91

29

52

65

100

118

86

91

64

46

55

55

57

60

46

30

20

12

11

9

8

9

6

5

8

0

0

0

Advances from Federal Home Loan Bank

1,139

1,090

1,013

915

846

797

760

739

718

694

671

659

647

644

641

616

592

558

511

459

398

333

275

231

187

152

126

100

86

81

108

144

185

220

254

324

0

0

0

Financing lease liabilities

116

117

88

59

30

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Guaranteed junior subordinated deferrable interest debentures

1,121

1,121

1,121

1,121

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

1,120

0

0

0

Subordinated debt

520

520

520

520

520

520

520

520

520

520

520

521

520

519

393

262

133

4

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Interest Expense

14,011

14,325

14,226

13,597

12,638

11,600

10,620

9,830

9,237

8,795

8,427

8,147

7,898

7,735

7,427

7,089

6,795

6,520

6,442

6,426

6,416

6,397

6,390

6,385

6,392

6,482

6,673

6,950

7,308

7,714

8,151

8,637

9,117

9,681

10,485

11,353

0

0

0

NET INTEREST INCOME

35,536

35,442

35,261

35,606

35,403

35,494

35,719

35,547

35,588

35,561

35,141

34,710

34,297

34,134

34,142

34,671

34,985

35,361

35,501

34,869

34,453

34,044

33,910

33,707

33,344

32,861

32,345

32,287

32,187

32,203

32,234

32,210

32,375

32,283

32,193

32,283

0

0

0

Provision (credit) for loan losses

1,375

800

-875

-1,100

-1,050

-600

150

350

625

800

1,050

1,150

1,075

3,950

4,150

4,150

4,100

1,250

1,125

825

625

375

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision (credit) for loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

-

-

-

-

-

-

-

-

Provision (credit) for loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

1,025

2,775

0

0

0

NET INTEREST INCOME AFTER PROVISION (CREDIT) FOR LOAN LOSSES

34,161

34,642

36,136

36,706

36,453

36,094

35,569

35,197

34,963

34,761

34,091

33,560

33,222

30,184

29,992

30,521

30,885

34,111

34,376

34,044

33,828

33,669

34,910

34,707

34,194

33,961

31,895

32,037

32,587

32,978

34,809

35,135

35,975

35,858

33,518

31,858

0

0

0

NON-INTEREST INCOME
Wealth management fees

9,888

9,730

9,673

9,601

9,629

9,659

9,440

9,321

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service charges on deposit accounts

1,247

1,271

1,302

1,307

1,347

1,420

1,475

1,534

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trust and investment advisory fees

-

-

-

-

-

-

-

-

-

-

-

-

8,424

-

8,302

8,352

8,363

8,344

8,254

7,976

7,789

7,765

8,040

8,126

8,177

7,812

7,969

7,609

7,238

7,268

6,288

6,325

6,314

6,173

6,100

5,903

0

0

0

Service charges on deposit accounts

-

-

-

-

-

-

-

-

-

-

-

-

1,633

-

1,713

1,721

1,746

1,750

1,760

1,826

1,898

1,957

2,050

2,103

2,140

2,173

2,185

2,192

2,171

2,195

2,199

2,272

2,304

2,241

2,226

2,197

0

0

0

Net gains on sale of loans

1,040

865

670

441

453

489

555

596

663

679

849

892

891

884

725

643

683

767

795

892

838

748

724

734

804

1,089

1,255

1,232

1,242

1,132

998

922

826

812

881

854

0

0

0

Mortgage related fees

384

302

249

206

201

196

234

263

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized gains (losses) on investment securities

-

-

-173

-261

-

-439

-92

-60

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage related fees

-

-

-

-

-

-

-

-

-

-

-

-

379

-

373

328

339

391

434

537

588

590

679

717

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Investment advisory fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

738

728

749

754

739

734

0

0

0

Net realized gains (losses) on investment securities

-

-

-

-

-

-

-

-

-

-

-

-

147

-

256

160

128

71

-8

28

120

177

244

310

190

204

137

71

83

12

12

12

0

-358

-308

-266

0

0

0

Bank owned life insurance

518

521

524

528

532

536

543

551

728

737

764

790

649

675

904

1,419

1,421

1,617

1,407

911

924

748

764

780

984

998

1,012

1,025

849

863

868

878

884

885

921

952

0

0

0

Other income

2,305

2,466

2,434

2,348

2,323

2,363

2,161

2,152

2,118

2,078

1,998

2,043

2,226

2,114

2,415

2,419

2,312

2,327

2,337

2,387

2,346

2,338

2,222

2,362

2,489

2,695

2,202

2,324

2,579

2,571

3,439

3,280

3,061

3,062

3,037

3,086

0

0

0

Total Non-Interest Income

15,000

14,773

14,679

14,170

14,194

14,224

14,601

14,644

14,718

14,645

14,744

14,776

14,763

14,638

14,688

15,042

14,992

15,267

14,979

14,557

14,503

14,323

14,630

15,023

15,460

15,744

15,764

15,427

15,085

14,943

14,542

14,417

14,138

13,569

13,596

13,460

0

0

0

NON-INTEREST EXPENSE
Salaries and employee benefits

25,832

25,429

25,205

24,696

24,566

24,358

24,238

24,366

24,065

23,920

23,419

23,377

23,328

23,546

23,881

24,059

24,135

24,042

24,496

24,556

24,719

24,960

24,917

25,029

25,098

25,115

25,088

24,969

24,769

24,424

23,934

23,504

23,102

22,616

22,191

21,725

0

0

0

Net occupancy expense

2,510

2,497

2,475

2,461

2,450

2,462

2,519

2,568

2,596

2,600

2,646

2,668

2,719

2,782

2,773

2,809

2,837

2,941

2,950

2,967

2,966

2,964

2,984

2,969

3,003

2,937

2,889

2,893

2,844

2,800

2,850

2,832

2,872

2,900

2,799

2,758

0

0

0

Equipment expense

1,544

1,510

1,441

1,443

1,434

1,464

1,493

1,501

1,557

1,585

1,620

1,696

1,671

1,688

1,682

1,672

1,743

1,773

1,815

1,874

1,888

1,892

1,944

1,905

1,866

1,851

1,784

1,750

1,768

1,764

1,730

1,770

1,708

1,686

1,676

1,668

0

0

0

Professional fees

4,919

4,885

4,927

4,972

4,975

5,039

4,987

4,879

5,042

5,058

5,121

5,238

5,015

5,280

5,298

5,174

5,257

5,003

4,969

5,123

5,312

5,409

5,240

4,914

4,600

4,327

4,252

4,195

3,982

3,870

3,838

3,844

3,818

3,875

3,908

4,039

0

0

0

Supplies, postage and freight

611

605

638

655

679

674

651

653

650

676

691

711

704

705

722

722

743

726

729

744

756

761

757

758

782

810

825

819

808

830

848

860

880

886

889

943

0

0

0

Miscellaneous taxes and insurance

1,133

1,135

1,107

1,085

1,049

1,062

1,076

1,137

1,190

1,194

1,204

1,172

1,149

1,146

1,151

1,152

1,151

1,157

1,162

1,150

1,175

1,174

1,250

1,334

1,387

1,467

1,467

1,470

1,460

1,439

1,421

1,402

1,378

1,372

1,369

1,378

0

0

0

Federal deposit insurance expense

46

100

260

400

475

557

617

633

630

628

621

654

690

709

720

705

681

669

668

653

643

636

647

640

637

611

531

483

446

441

501

659

1,005

1,338

1,614

1,693

0

0

0

Goodwill impairment charge

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Other expense

5,560

5,654

5,564

5,498

5,418

5,257

5,137

4,999

5,031

5,065

5,703

5,751

5,713

5,759

5,049

4,846

4,792

4,727

4,849

4,926

4,915

4,906

4,939

4,968

4,966

5,105

5,014

4,945

5,072

5,073

5,265

5,311

5,229

5,124

5,006

5,152

0

0

0

Total Non-Interest Expense

42,155

41,815

41,617

41,210

41,046

40,873

40,718

40,736

40,761

40,726

41,025

41,267

40,989

41,615

41,276

41,139

41,339

41,038

41,638

42,662

43,043

43,371

43,347

42,517

42,339

42,223

41,850

41,524

41,149

40,641

40,627

40,422

40,232

40,037

39,452

39,356

0

0

0

PRETAX INCOME

7,006

7,600

9,198

9,666

9,601

9,445

9,452

9,105

8,920

8,680

7,810

7,069

6,996

3,207

3,404

4,424

4,538

8,340

7,717

5,939

5,288

4,621

6,193

7,213

7,315

7,482

5,809

5,940

6,523

7,280

8,724

9,130

9,881

9,390

7,662

5,962

0

0

0

Provision for income tax expense

1,447

1,572

1,911

1,739

1,722

1,677

4,607

5,038

5,208

5,387

2,372

2,117

2,071

897

870

1,122

1,177

2,343

2,345

2,035

1,826

1,598

2,078

2,237

2,248

2,289

1,722

1,772

1,993

2,241

2,650

2,797

3,042

2,853

2,286

1,675

0

0

0

NET INCOME

5,559

6,028

7,287

7,927

7,879

7,768

4,845

4,067

3,712

3,293

5,438

4,952

4,925

2,310

2,534

3,302

3,361

5,997

5,372

3,904

3,462

3,023

4,115

4,976

5,067

5,193

4,087

4,168

4,530

5,039

6,074

6,333

6,839

6,537

5,376

4,287

0

0

0

Preferred stock dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

15

68

120

172

210

209

210

210

210

210

210

210

209

209

407

617

828

1,042

1,330

1,358

1,385

1,410

1,161

0

0

0

NET INCOME AVAILABLE TO COMMON SHAREHOLDERS

-

-

-

-

-

-

-

-

-

-

-

-

-

2,295

2,466

3,182

3,189

5,787

5,163

3,694

3,252

2,813

3,905

4,766

4,857

4,984

3,878

3,761

3,913

4,211

5,032

5,003

5,481

5,152

3,966

3,126

0

0

0

PER COMMON SHARE DATA:
Basic:
Net income

0.08

0.04

0.10

0.10

0.11

0.10

0.13

0.10

0.10

-0.04

0.08

0.07

0.07

0.06

0.06

0.07

-0.07

0.08

0.09

0.07

0.07

0.03

0.02

0.05

0.05

0.10

0.06

0.05

0.05

0.04

0.05

0.06

0.06

0.06

0.05

0.08

0.05

0.02

0.01

Average number of shares outstanding

17,043

17,104

17,278

17,476

17,578

17,691

17,924

18,038

18,079

18,218

18,380

18,580

18,814

18,904

18,899

18,897

18,884

18,873

18,869

18,859

18,851

18,796

18,795

18,795

18,786

18,777

18,784

19,039

19,168

59,424

19,275

19

20

21,112

21,208

21,208

21,208

21,224

21,224

Diluted:
Net income

0.08

0.04

0.10

0.10

0.11

0.10

0.13

0.10

0.10

-0.04

0.08

0.07

0.07

0.06

0.06

0.07

-0.07

0.08

0.09

0.07

0.07

0.03

0.02

0.05

0.05

0.10

0.06

0.05

0.05

0.04

0.05

0.06

0.06

0.06

0.05

0.08

0.05

0.02

0.01

Average number of shares outstanding

17,099

17,176

17,360

17,560

17,664

17,791

18,036

18,140

18,181

18,298

18,481

18,699

18,922

19,031

18,957

18,948

18,884

18,931

18,951

18,941

18,909

18,884

18,908

18,936

18,904

18,873

18,878

19,128

19,257

59,596

19,351

19

20

21,127

21,227

21,236

21,230

21,225

21,245

Cash dividends declared

-

-

0.02

-

-

-

0.02

-

-

0.01

0.01

0.01

0.01

0.01

0.01

0.01

0.01

0.01

0.01

0.01

0.01

0.01

0.01

0.01

0.01

0.01

0.01

0.01

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00