Ameriserv Financial Bank in Johnstown, Pennsylvania (PA)
| Ameriserv Financial Bank | |
|---|---|
| General | FDIC Certificate #: 7542 Status: Active Federal Reserve ID: 928618 Bank Holding Company (Regulatory Top Holder): Ameriserv Financial, Inc (RSSDID: 1117316, Location: Johnstown, PA) Date Established: September 23, 1933 WWW: http://www.ameriserv.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 18 (Domestic: 18, Interstate: No) OTS Docket #: 11474 FDIC's unique #: 4895 Numeric code: 13 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: May 21, 2010 Last Structure Change Process Date: May 21, 2010 Last Data Update: May 21, 2010 Data Source Date: April 05, 2012 |
| Location | Address: 216 Franklin Street, Johnstown, PA 15901 County: Cambria Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: New York FDIC Field Office: Wexford Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Northeast Metropolitan Statistical Area (MSA): Johnstown, PA (#3680) Core Based Statistical Area (CBSA): Johnstown, PA (#27780) CBSA Metro Statistical Area: Johnstown, PA (#27780) |
| Financial Summary | Total assets: $952.1 mil Equity capital: $103.0 mil Deposits held in domestic offices: $816.6 mil Return on assets (ROA): 0.78% ($7.4 mil) Quarterly return on assets: 0.83% ($7.9 mil) Return on Equity (ROE): 7.24% ($7.5 mil) Quarterly return on equity: 7.62% ($7.8 mil) Net income: $7.3 mil Quarterly Net income: $2.0 mil Pretax return on assets: 1.13% ($10,758.5 mil) Quarterly Pretax return on assets: 1.18% ($11,234.5 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 272 |
| Total assets | $952,077 |
| Cash and due from depository institutions | $28,343 |
| Interest-bearing balances | $1,866 |
| Securities | $181,901 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $656,224 |
| Loan loss allowance | $14,623 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $10,509 |
| Other real estate owned | $104 |
| Goodwill and other intangibles | $12,613 |
| All other assets | $62,383 |
| Life insurance assets | $952,077 |
| Total liabilities and capital | $849,067 |
| Total liabilities | $816,620 |
| Total deposits | $674,438 |
| Interest-bearing deposits | $816,620 |
| Deposits held in domestic offices | $85 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $21,765 |
| Other borrowed funds | $0 |
| Subordinated debt | $10,682 |
| All other liabilities | $103,010 |
| Total equity capital | $103,010 |
| Total bank equity capital | $103,010 |
| Perpetual preferred stock | $0 |
| Common stock | $2,642 |
| Surplus | $68,184 |
| Undivided profits | $32,184 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $7,110 |
| Income earned, not collected on loans | $5,075 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $3,169 |
| Average Assets, year-to-date | $839,991 |
| Average Assets, quarterly | $175,235 |
| Volatile liabilities | $938,901 |
| Insider loans | $950,850 |
| FHLB advances | $677,888 |
| Loans and leases held for sale | $937,438 |
| Unused loan commitments | $35,351 |
| Tier 1 (core) risk-based capital | $35,351 |
| Tier 2 risk-based capital | $92,847 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $124,820 |
| Derivatives | $1,185 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $41,503 |
| Total interest expense | $8,560 |
| Net interest income | $32,943 |
| Provision for loan and lease losses | -$3,575 |
| Total noninterest income | $7,425 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $2,383 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $5,042 |
| Total noninterest expense | $33,022 |
| Salaries and employee benefits | $17,100 |
| Premises and equipment expense | $4,223 |
| Additional noninterest expense | $11,699 |
| Pre-tax net operating income | $10,921 |
| Securities gains (losses) | -$332 |
| Applicable income taxes | $3,260 |
| Income before extraordinary items | $7,329 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $7,329 |
| Net charge-offs | $0 |
| Cash dividends | $7,329 |
| Sale, conversion, retirement of capital stock, net | $1,567 |
| Net operating income | $2,500 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.99% |
| Cost of funding earning assets | 1.03% |
| Net interest margin | 3.96% |
| Noninterest income to earning assets | 0.89% |
| Noninterest expense to earning assets | 3.97% |
| Net operating income to assets | 0.80% |
| Return on assets (ROA) | 0.78% |
| Pretax return on assets | 1.13% |
| Return on equity (ROE) | 7.24% |
| Retained earnings to average equity (YTD only) | 4.77% |
| Net charge-offs to loans | 0.24% |
| Credit loss provision to net charge-offs | -228.14% |
| Efficiency ratio | 4.69% |
| Assets per employee | $81,802 |
| Cash dividends to net income (YTD only) | 3.50% |
| Condition Ratios (%) | |
| Loss allowance to loans | 34.11% |
| Loss allowance to noncurrent loans | 2.18% |
| Noncurrent assets plus other real estate owned to assets | 288.14% |
| Noncurrent loans to loans | 0.54% |
| Net loans and leases to deposits | 0.76% |
| Net loans and leases to core deposits | 80.36% |
| Equity capital to assets | 85.95% |
| Core capital (leverage) ratio | 10.82% |
| Tier 1 risk-based capital ratio | 9.90% |
| Total risk-based capital ratio | 13.70% |
| Memoranda | |
| Average assets | $15 |
| Average earning assets | $938,901 |
| Average equity | $101,218 |
| Average loans | $831,365 |
| 18 Pennsylvania Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 4895 | Ameriserv Financial Bank | 216 Franklin Street, Johnstown, PA 15901 | September 23, 1933 | Full Service Brick and Mortar |  |
| 1 | 215878 | Carrolltown Branch | Main And Church Streets, Carrolltown, PA 15722 | December 13, 1965 | Full Service Brick and Mortar |  |
| 2 | 215879 | Central City Branch | 104 Sunshine Avenue, Central City, PA 15926 | December 02, 1962 | Full Service Brick and Mortar | |
| 4 | 215881 | West End Branch | 163 Fairfield Avenue, Johnstown, PA 15905 | September 05, 1951 | Full Service Brick and Mortar | |
| 7 | 215884 | Nanty-Glo Branch | 928 Roberts Street, Nanty-Glo, PA 15943 | June 19, 1961 | Full Service Brick and Mortar | |
| 9 | 215886 | Somerset Branch | 108 West Main Street, Somerset, PA 15501 | October 17, 1960 | Full Service Brick and Mortar | |
| 10 | 215887 | Windber Branch | 1501 Somerset Avenue, Windber, PA 15963 | June 05, 1963 | Full Service Brick and Mortar | |
| 12 | 215889 | Lovell Park Branch | Sthy 160, Ebensburg, PA 15931 | October 28, 1974 | Full Service Brick and Mortar | |
| 14 | 215891 | University Heights Branch | 1404 Eisenhower Boulevard, Johnstown, PA 15904 | August 25, 1976 | Full Service Brick and Mortar | |
| 16 | 215892 | Seward Branch | #1 Roadway Plaza, Seward, PA 15954 | November 01, 1976 | Full Service Brick and Mortar | |
| 18 | 217020 | Derry Branch | 112 South Chestnut, Derry, PA 15627 | October 15, 1962 | Full Service Brick and Mortar | |
| 23 | 226290 | Westmont Branch | 110 Minno Drive, Johnstown, PA 15905 | July 23, 1973 | Full Service Brick and Mortar | |
| 25 | 226292 | Franklin Street Branch | 1059 Franklin Street, Johnstown, PA 15905 | April 22, 1985 | Full Service Brick and Mortar | |
| 26 | 226293 | Gallaria Branch | 500 Gallaria Drive, Johnstown, PA 15904 | December 11, 1992 | Full Service Brick and Mortar | |
| 28 | 273245 | Northern Cambria Office | 4206 Crawford Ave, Northern Cambria, PA 15714 | September 01, 1934 | Full Service Brick and Mortar | |
| 33 | 362841 | South Atherton Branch | 734 South Atherton Street, State College, PA 16801 | September 17, 2001 | Full Service Brick and Mortar | |
| 34 | 362847 | Pittsburgh Branch | 60 Boulevard Of Allies Suite 100, Pittsburgh, PA 15222 | November 19, 2001 | Full Service Brick and Mortar | |
| 37 | 521489 | North Atherton Branch | 1857 North Atherton Street, State College, PA 16803 | October 04, 2010 | Full Service Brick and Mortar | |
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