NASDAQ : ASRV
AmeriServ Financial, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 4.91 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 83.42M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 58.79M | 60.16M | 56.76M | 51.63M | 41.48M | 40.59M |
| Interest Income on Investments | 13.24M | 11.19M | 9.75M | 9.23M | 7.57M | 6.08M |
| Total Interest Income | 72.03M | 71.35M | 66.50M | 60.86M | 49.06M | 46.67M |
| Interest Paid on Deposits | 24.36M | 25.47M | 25.45M | 21.01M | 6.42M | 4.81M |
| Interest Paid on Borrowings | 3.13M | 3.62M | 5.01M | 3.83M | 2.07M | 2.78M |
| Total Interest Expense | 27.49M | 29.09M | 30.46M | 24.84M | 8.49M | 7.59M |
| Net Interest Income | 44.54M | 42.26M | 36.05M | 36.02M | 40.56M | 39.08M |
| Trust Income | 12.46M | 11.56M | 12.32M | 11.27M | 11.62M | 11.99M |
| Mortgage Banking Activities | 259.00K | 184.00K | 304.00K | 131.00K | 115.00K | 358.00K |
| Gain (Loss) on Sale of Investments | -434.00K | 118.00K | 826.00K | -22.00K | 127.00K | |
| Other Non-Interest Income | 4.11M | 3.98M | 4.17M | 2.83M | 3.66M | 3.66M |
| Total Non-Interest Income | 17.42M | 16.99M | 17.98M | 16.39M | 16.69M | 17.76M |
| Revenues Before Loan Losses | 61.96M | 59.25M | 54.02M | 52.41M | 57.26M | 56.84M |
| Provision for Loan Losses | 644.00K | 4.12M | 884.00K | 7.43M | 50.00K | 1.10M |
| Revenue | 61.32M | 55.13M | 53.14M | 44.98M | 57.20M | 55.74M |
| Salaries and Employee Benefits | 29.19M | 28.94M | 28.38M | 29.58M | 28.44M | 27.80M |
| Occupancy Expenses | 3.07M | 2.98M | 2.97M | 2.92M | 2.88M | 2.62M |
| Federal Deposit Insurance | 833.00K | 987.00K | 1.02M | 715.00K | 515.00K | 655.00K |
| Selling, General & Administrative | 12.92M | 10.97M | 11.82M | 12.08M | 9.49M | 8.83M |
| Other Non-Interest Expense | 4.19M | 4.46M | 4.56M | 4.07M | 6.67M | 6.67M |
| Total Non-Interest Expense | 50.20M | 48.34M | 48.74M | 49.37M | 48.00M | 46.58M |
| EBT Excluding Unusual Items | 11.12M | 6.80M | 4.40M | -4.39M | 9.20M | 9.16M |
| Pretax Income | 11.12M | 6.80M | 4.40M | -4.39M | 9.20M | 8.77M |
| Income Tax Expense | 2.05M | 1.18M | 798.00K | -1.04M | 1.75M | 1.70M |
| Net Income | 9.07M | 5.61M | 3.60M | -3.35M | 7.45M | 7.07M |
| Net Income to Common | 9.07M | 5.61M | 3.60M | -3.35M | 7.45M | 7.07M |
| Basic Shares Outstanding | 16.85M | 16.52M | 16.80M | 17.14M | 17.11M | 17.07M |
| Diluted Shares Outstanding | 16.86M | 16.53M | 16.80M | 17.14M | 17.15M | 17.11M |
| EPS (Basic) | 0.54 | 0.34 | 0.21 | -0.20 | 0.44 | 0.41 |
| EPS (Diluted) | 0.54 | 0.34 | 0.21 | -0.20 | 0.43 | 0.41 |
| Dividend Per Share | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.10 |
| Effective Tax Rate | 18.42% | 17.42% | 18.14% | 19.05% | 19.40% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 50.89M | 17.75M | 14.03M | 22.96M | 41.10M | |
| Investment Securities | 304.02M | 101.22M | 101.31M | 112.39M | 132.52M | 126.20M |
| Trading Asset Securities | 7.88M | 9.87M | 4.66M | 4.58M | 6.99M | 1.23M |
| Mortgage-Backed Securities | 147.45M | 118.50M | 117.30M | 108.86M | 90.72M | |
| Total Investments | 311.90M | 258.53M | 224.46M | 234.27M | 248.38M | 218.15M |
| Gross Loans | 996.54M | 1.03B | 1.07B | 1.04B | 991.11M | 985.88M |
| Allowance for Loan Losses | -12.89M | -13.13M | -13.91M | -15.05M | -10.74M | -12.40M |
| Other Adjustments to Gross Loans | -466.00K | -517.00K | -483.00K | -343.00K | -826.00K | |
| Net Loans | 983.65M | 1.02B | 1.05B | 1.02B | 980.02M | 972.66M |
| Property, Plant & Equipment | 17.43M | 18.11M | 17.18M | 17.50M | 17.43M | |
| Goodwill | 13.61M | 13.61M | 13.61M | 13.61M | 13.61M | |
| Other Intangible Assets | 13.65M | 56.00K | 77.00K | 101.00K | 128.00K | 158.00K |
| Loans Held for Sale | 241.00K | 460.00K | 130.00K | 59.00K | 983.00K | |
| Accrued Interest Receivable | 5.56M | 5.49M | 5.53M | 4.80M | 3.98M | |
| Long-Term Deferred Tax Assets | 1.41M | 2.68M | 2.79M | |||
| Other Real Estate Owned & Foreclosed | 346.00K | 1.72M | 15.00K | 38.00K | ||
| Other Long-Term Assets | 138.62M | 83.76M | 80.48M | 73.67M | 67.83M | 64.79M |
| Total Assets | 1.45B | 1.45B | 1.42B | 1.39B | 1.36B | 1.34B |
| Interest Bearing Deposits | 1.25B | 944.63M | 928.17M | 900.19M | 839.41M | 861.57M |
| Institutional Deposits | 144.30M | 101.20M | 86.10M | 74.00M | 66.70M | |
| Non-Interest Bearing Deposits | 159.20M | 171.62M | 172.07M | 195.12M | 211.11M | |
| Total Deposits | 1.25B | 1.25B | 1.20B | 1.16B | 1.11B | 1.14B |
| Short-Term Borrowings | 32.84M | 2.76M | 19.50M | 46.06M | 95.51M | 1.23M |
| Current Portion of Long-Term Debt | 17.77M | 11.94M | 7.95M | 15.57M | 22.89M | |
| Current Portion of Leases | 531.00K | 521.00K | 427.00K | 394.00K | 418.00K | |
| Long-Term Debt | 26.80M | 26.77M | 26.73M | 26.68M | 26.64M | 26.60M |
| Federal Home Loan Bank Debt, Long-Term | 26.84M | 44.12M | 36.62M | 4.20M | 19.77M | |
| Long-Term Leases | 3.40M | 3.74M | 2.93M | 2.93M | 3.16M | |
| Long-Term Deferred Tax Liabilities | 1.64M | 934.00K | ||||
| Other Long-Term Liabilities | 15.81M | 6.67M | 7.57M | 8.33M | 3.91M | 4.64M |
| Total Liabilities | 1.33B | 1.33B | 1.32B | 1.29B | 1.26B | 1.22B |
| Common Stock | 272.00K | 270.00K | 268.00K | 268.00K | 267.00K | 267.00K |
| Additional Paid-In Capital | 147.89M | 147.07M | 146.37M | 146.36M | 146.22M | 146.07M |
| Retained Earnings | 70.22M | 64.11M | 60.48M | 58.90M | 65.49M | 60.01M |
| Treasury Stock | -84.79M | -84.79M | -84.79M | -83.28M | -83.28M | -83.28M |
| Comprehensive Income & Other | -11.57M | -7.35M | -15.08M | -19.98M | -22.52M | -6.51M |
| Total Common Equity | 122.02M | 119.31M | 107.25M | 102.28M | 106.18M | 116.55M |
| Shareholders' Equity | 122.02M | 119.31M | 107.25M | 102.28M | 106.18M | 116.55M |
| Total Liabilities & Equity | 1.45B | 1.45B | 1.42B | 1.39B | 1.36B | 1.34B |
| Total Debt | 59.64M | 78.07M | 106.55M | 120.67M | 145.25M | 74.06M |
| Net Cash (Debt) | -51.76M | -17.31M | -84.14M | -102.06M | -115.29M | -31.74M |
| Net Cash Per Share | -3.07 | -1.05 | -5.01 | -5.95 | -6.72 | -1.85 |
| Filing Date Shares Outstanding | 16.99M | 16.96M | 16.52M | 17.15M | 17.15M | 17.10M |
| Total Common Shares Outstanding | 16.99M | 16.52M | 16.52M | 17.15M | 17.12M | 17.08M |
| Book Value Per Share | 7.18 | 7.22 | 6.49 | 5.96 | 6.20 | 6.82 |
| Tangible Book Value | 108.37M | 105.64M | 93.56M | 88.56M | 92.44M | 102.78M |
| Tangible Book Value Per Share | 6.38 | 6.39 | 5.66 | 5.16 | 5.40 | 6.02 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 5.61M | 3.60M | -3.35M | 7.45M | 7.07M | |
| Depreciation & Amortization | 2.10M | 2.08M | 2.07M | 2.10M | 2.04M | |
| Gain (Loss) on Sale of Investments | -98.00K | 76.00K | 971.00K | 108.00K | 138.00K | |
| Provision for Credit Losses | 4.12M | 884.00K | 7.43M | 50.00K | 1.10M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | 335.00K | -156.00K | 98.00K | 1.13M | 5.93M | |
| Change in Trading Asset Securities | -7.25M | |||||
| Accrued Interest Receivable | -71.00K | 43.00K | -725.00K | -820.00K | 1.08M | |
| Change in Other Net Operating Assets | -178.00K | -169.00K | -70.00K | -84.00K | -94.00K | |
| Other Operating Activities | -1.81M | -3.17M | -3.09M | -4.61M | -6.22M | |
| Operating Cash Flow | 3.19M | 2.69M | 6.29M | 5.21M | 9.94M | |
| Capital Expenditures | -1.12M | -1.71M | -1.38M | -2.08M | -1.24M | |
| Cash Acquisitions | 40.43M | |||||
| Investment in Securities | -22.64M | 10.69M | 11.29M | -45.24M | -31.40M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | 30.52M | -33.50M | -50.87M | -6.92M | -11.63M | |
| Other Investing Activities | 4.32M | 1.43M | 970.00K | -2.05M | 3.35M | |
| Investing Cash Flow | 11.07M | -23.10M | -39.99M | -56.28M | -488.00K | |
| Short-Term Debt Issued | 88.64M | |||||
| Long-Term Debt Issued | 1.91M | 28.70M | 42.37M | 28.59M | ||
| Total Debt Issued | 1.91M | 28.70M | 42.37M | 88.64M | 28.59M | |
| Short-Term Debt Repaid | -14.64M | -26.31M | -47.69M | -24.70M | ||
| Long-Term Debt Repaid | -13.54M | -17.38M | -17.80M | -23.11M | -44.21M | |
| Total Debt Repaid | -28.18M | -43.68M | -65.49M | -23.11M | -68.92M | |
| Net Debt Issued (Repaid) | -26.27M | -14.98M | -23.12M | 65.53M | -40.33M | |
| Issuance of Common Stock | 9.00K | 94.00K | 106.00K | 57.00K | ||
| Repurchase of Common Stock | -1.51M | |||||
| Common Dividends Paid | -1.98M | -2.02M | -2.06M | -1.97M | -1.71M | |
| Total Dividends Paid | -1.98M | -2.02M | -2.06M | -1.97M | -1.71M | |
| Net Increase (Decrease) in Deposit Accounts | 47.13M | 42.64M | 49.86M | -30.74M | 42.12M | |
| Financing Cash Flow | 18.89M | 24.13M | 24.77M | 32.93M | 146.00K | |
| Net Cash Flow | 33.15M | 3.72M | -8.94M | -18.14M | 9.60M | |
| Free Cash Flow | 2.06M | 976.00K | 4.91M | 3.13M | 8.70M | |
| Free Cash Flow Margin | 3.74% | 1.84% | 10.91% | 5.47% | 15.60% | |
| Free Cash Flow Per Share | 0.12 | 0.06 | 0.29 | 0.18 | 0.51 | |
| Cash Interest Paid | 28.50M | 30.80M | 21.80M | 8.45M | 8.05M | |
| Cash Income Tax Paid | -325.00K | -1.10M | 625.00K | 1.10M | 200.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 83.42M | 52.71M | 44.27M | 55.47M | 67.43M | 65.93M |
| Last Close Price | 4.91 | 3.12 | 2.51 | 2.89 | 3.39 | 3.23 |
| PE Ratio | 9.12 | 9.39 | 12.29 | 9.05 | 9.32 | |
| PS Ratio | 1.36 | 0.96 | 0.83 | 1.23 | 1.18 | 1.18 |
| PB Ratio | 0.68 | 0.44 | 0.41 | 0.54 | 0.64 | 0.57 |
| P/FCF Ratio | 2,034.57 | 25.55 | 45.36 | 11.30 | 21.55 | 7.58 |
| P/OCF Ratio | 44.11 | 16.54 | 16.48 | 8.82 | 12.95 | 6.63 |
| Debt / Equity Ratio | 0.49 | 0.65 | 0.99 | 1.18 | 1.37 | 0.64 |
| Debt / FCF Ratio | 37.84 | 109.17 | 24.59 | 46.42 | 8.52 | |
| Net Debt / Equity Ratio | 0.42 | 0.14 | 0.79 | 1.00 | 1.09 | 0.27 |
| Net Debt / FCF Ratio | 8.39 | 86.21 | 20.80 | 36.85 | 3.65 | |
| Return on Equity (ROE) | 7.67% | 4.95% | 3.44% | -3.21% | 6.69% | 6.40% |
| Return on Assets (ROA) | 0.62% | 0.39% | 0.26% | -0.24% | 0.55% | 0.54% |
| Earnings Yield | 10.97% | 10.65% | 8.13% | -6.03% | 11.04% | 10.73% |
| FCF Yield | 0.05% | 3.91% | 2.21% | 8.85% | 4.64% | 13.19% |
| Dividend Yield | 2.44% | 3.76% | 4.48% | 3.71% | 2.92% | 2.59% |
| Payout Ratio | 22.28% | 35.32% | 56.10% | 26.41% | 24.15% | |
| Buyback Yield / Dilution | -2.08% | 1.62% | 1.99% | 0.01% | -0.19% | -0.30% |
| Total Shareholder Return | 0.37% | 5.38% | 6.47% | 3.72% | 2.73% | 2.29% |