Company Information

  

Address: MAIN & FRANKLIN STS
PO BOX 430 
City: JOHNSTOWN 
State: PA 
Zip Code: 15907 
Telephone: 814-533-5300 

Description of Business

Primary SIC Code: 6021
(As filed with the SEC)  

AmeriServ Financial, Inc. (the Company) is a bank holding company organized under the Pennsylvania Business Corporation Law. The Company became a holding company upon acquiring all of the outstanding shares of AmeriServ Financial Bank (the Bank) in January 1983. The Company's other wholly owned subsidiaries include AmeriServ Trust and Financial Services Company (the Trust Company), formed in October 1992, and AmeriServ Life Insurance Company (AmeriServ Life), formed in October 1987. When used in this report, the "Company" may refer to AmeriServ Financial, Inc. individually or AmeriServ Financial, Inc. and its direct and indirect subsidiaries. The Company's principal activities consist of owning and operating its three wholly owned subsidiary entities. At December 31, 2017, the Company had, on a consolidated basis, total assets, deposits, and shareholders' equity of $1.168 billion, $948 million, and $95 million, respectively.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20180.210.02019.05
12/20170.180.01523.06
09/20170.290.01513.79
06/20170.270.01515.37
03/20170.260.01514.42
12/20160.120.01530.83
09/20160.130.01525.54
06/20160.170.01517.76

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.05Total Liab/Total Assets0.92
Net Inc/Total Assets0.00Total Liab/Inv Cap1.00
Net Inc/Inv Cap0.00Total Liab/Comm Equity15.83
Pretax Inc/Net Sales0.15Interest Coverage Ratio4.40
Net Inc/Net Sales0.06Curr Debt/Equity1.00
Cash Flow/Net Sales0.13LTD/EquityNA
SG&A/NetSales0.69Total Debt/Equity1.00
Asset Utilization   Liquidity  
Net Receivables Turnover17.56Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E4.63  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 14.85 15.07 14.82 14.81
Cost of Goods Sold 1.78 1.70 1.62 1.50
Selling & Admin Exps 10.12 10.25 10.11 10.32
Operating Income NA NA NA NA
Interest Exp 0.69 0.67 0.63 0.65
Pretax Income 2.21 2.40 2.25 2.01
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 1.77 -1.00 1.55 1.39

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 208.04 208.88 203.67 205.26
Receivables - Total 3.56 3.60 3.50 3.33
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 12.41 12.73 12.66 12.16
Total Assets 1,151.16 1,167.66 1,170.92 1,171.96
Liabilities        
Accounts Payable NA NA NA NA
Debt in Current Liabilities 82.86 95.31 77.64 87.14
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 1,055.35 1,072.55 1,073.81 1,075.69
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.27 0.27 0.27 0.27
Retained Earnings 41.81 40.31 39.45 38.18
Treasury Stock -78.68 -78.23 -77.59 -76.70
Total Stockholders' Equity 95.81 95.10 97.11 96.28
Total Liabilities and Stockholders' Equity 1,151.16 1,167.66 1,170.92 1,171.96

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 3.59 2.14 2.55 0.38
Net Cash Provided by Investing Activities 9.72 5.59 -4.21 1.20
Net Cash Provided by Financing Activities -16.91 -2.22 -0.13 -2.13

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201355.095.190.26
12/201454.763.020.15
12/201557.156.000.31
12/201656.512.310.12
12/201759.003.290.18
Growth Rates1.73-10.76-8.78

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18397,01338.89




Report Date : 7/16/2018

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