AmeriServ Financial Inc. (ASRV) Financial Statements (2025 and earlier)

Company Profile

Business Address MAIN & FRANKLIN STS
JOHNSTOWN, PA 15907
State of Incorp. PA
Fiscal Year End December 31
Industry (SIC) 6021 - National Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2025
MRQ
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:14,24114,02722,96241,10131,50422,168
Cash and cash equivalent13,8919,67822,96235,690  
Short-term investments350499 5,4118,4923,771
Other undisclosed cash, cash equivalents, and short-term investments  3,850  23,01218,397
Total current assets:14,24114,02722,96241,10131,50422,168
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization2,3312,3842,4132,6842,9563,078
Operating lease, right-of-use asset1,550646630667758846
Property, plant and equipment14,22814,14914,46014,08214,33614,643
Intangible assets, net (including goodwill)13,68813,71213,61113,61111,94411,944
Goodwill13,61113,61113,61113,61111,94411,944
Intangible assets, net (excluding goodwill)77101    
Deferred income tax assets1,4122,6792,789 1,5723,976
Total noncurrent assets:33,20933,57033,90331,04431,56634,487
Other undisclosed assets1,374,9121,342,0411,307,0091,263,4151,216,6431,114,529
TOTAL ASSETS:1,422,3621,389,6381,363,8741,335,5601,279,7131,171,184
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt14,64240,95188,64122,88824,70222,412
Total current liabilities:14,64240,95188,64122,88824,70222,412
Noncurrent Liabilities
Liabilities, other than long-term debt    9342,644640
Deferred income tax liabilities    9342,644640
Total noncurrent liabilities:    9342,644640
Other undisclosed liabilities1,300,4721,246,4101,169,0551,195,1891,147,9681,049,518
Total liabilities:1,315,1141,287,3611,257,6961,219,0111,175,3141,072,570
Equity
Equity, attributable to parent107,248102,277106,178116,549104,39998,614
Common stock268268267267267267
Treasury stock, value(84,791)(83,280)(83,280)(83,280)(83,280)(83,129)
Additional paid in capital146,372146,364146,225146,069145,969145,888
Accumulated other comprehensive loss(15,083)(19,976)(22,520)(6,512)(13,198)(16,171)
Retained earnings60,48258,90165,48660,00554,64151,759
Total equity:107,248102,277106,178116,549104,39998,614
TOTAL LIABILITIES AND EQUITY:1,422,3621,389,6381,363,8741,335,5601,279,7131,171,184

Income Statement (P&L) ($ in thousands)

3/31/2025
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Revenues15,62114,49314,73714,96812,8231,182
Gain on disposition of assets for financial service operations1749952086641,523865
Net investment income  26615317
Cost of revenue(884)(7,429)(50)(1,100)(2,375)(800)
Provision for loan, lease, and other losses(884)(7,429)(50)(1,100)(2,375)(800)
Gross profit:14,7377,06414,68713,86810,448382
Operating expenses(14,545)(14,633)(12,062)(10,369)(9,586)(9,622)
Other operating income, net
(Noninterest Income, Other Operating Income)
3,0981,7872,5522,5872,2962,466
Operating income (loss):3,290(5,782)5,1776,0863,158(6,774)
Nonoperating income
(Bank Owned Life Insurance Income)
1,0671,0471,0891,117782521
Interest and debt expense(108)(24,840)(8,495)(7,586)(10,515)(14,325)
Other undisclosed income from continuing operations before equity method investments, income taxes     12,38728,178
Income (loss) from continuing operations before equity method investments, income taxes:4,249(29,575)(2,229)(383)5,8127,600
Other undisclosed income from continuing operations before income taxes15025,18711,4309,157  
Income (loss) from continuing operations before income taxes:4,399(4,388)9,2018,7745,8127,600
Income tax expense (benefit)(798)1,042(1,753)(1,702)(1,214)(1,572)
Income (loss) from continuing operations:3,601(3,346)7,4487,0724,5986,028
Income before gain (loss) on sale of properties:7,0724,5986,028
Net income (loss) available to common stockholders, diluted:3,601(3,346)7,4487,0724,5986,028

Comprehensive Income ($ in thousands)

3/31/2025
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Net income (loss):3,601(3,346)7,4487,0724,5986,028
Other comprehensive income (loss)(202)(352)(4,632)(5,030)(2,968)(1,995)
Comprehensive income (loss):3,399(3,698)2,8162,0421,6304,033
Other undisclosed comprehensive income (loss), net of tax, attributable to parent5,0952,896(11,376)11,7165,94149
Comprehensive income (loss), net of tax, attributable to parent:8,494(802)(8,560)13,7587,5714,082

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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