2016 Q1 Form 10-Q Financial Statement

#000114420416099450 Filed on May 06, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $10.42M $10.52M
YoY Change -0.96% 4.24%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $450.0K $460.0K
YoY Change -2.17% 0.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $1.864M $1.589M
YoY Change 17.31% 1.21%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$1.816M $1.986M
YoY Change -191.44% 50.57%
Income Tax -$549.0K $617.0K
% Of Pretax Income 31.07%
Net Earnings -$1.267M $1.369M
YoY Change -192.55% 47.2%
Net Earnings / Revenue -12.16% 13.01%
Basic Earnings Per Share -$0.07 $70.00
Diluted Earnings Per Share -$0.07 $70.00
COMMON SHARES
Basic Shares Outstanding 18.87M shares 18.85M shares
Diluted Shares Outstanding 18.88M shares 18.91M shares

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $23.62M $30.72M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $11.90M $12.78M
YoY Change -6.89% -2.11%
Goodwill $11.94M
YoY Change -5.3%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $9.600M $8.900M
YoY Change 7.87% -2.2%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.122B $1.103B
YoY Change 1.66% 4.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $40.00M $27.20M
YoY Change 47.06% 117.6%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $40.00M $27.20M
YoY Change 47.06% 117.6%
LONG-TERM LIABILITIES
Long-Term Debt $20.30M $13.10M
YoY Change 54.96% 0.0%
Other Long-Term Liabilities $8.100M $10.10M
YoY Change -19.8% 32.89%
Total Long-Term Liabilities $28.40M $23.20M
YoY Change 22.41% 12.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $40.00M $27.20M
Total Long-Term Liabilities $28.40M $23.20M
Total Liabilities $1.024B $987.1M
YoY Change 3.75% 5.4%
SHAREHOLDERS EQUITY
Retained Earnings $30.75M
YoY Change 8.85%
Common Stock $145.7M
YoY Change 0.11%
Preferred Stock
YoY Change
Treasury Stock (at cost) $74.83M
YoY Change 0.0%
Treasury Stock Shares 7.618M shares 7.618M shares
Shareholders Equity $97.60M $116.3M
YoY Change
Total Liabilities & Shareholders Equity $1.122B $1.103B
YoY Change 1.66% 4.98%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income -$1.267M $1.369M
YoY Change -192.55% 47.2%
Depreciation, Depletion And Amortization $450.0K $460.0K
YoY Change -2.17% 0.0%
Cash From Operating Activities $400.0K $2.790M
YoY Change -85.66% 29.77%
INVESTING ACTIVITIES
Capital Expenditures -$230.0K -$220.0K
YoY Change 4.55% -43.59%
Acquisitions
YoY Change
Other Investing Activities $460.0K -$17.54M
YoY Change -102.62% -588.58%
Cash From Investing Activities $230.0K -$17.76M
YoY Change -101.3% -655.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -25.52M 12.82M
YoY Change -299.06% -330.99%
NET CHANGE
Cash From Operating Activities 400.0K 2.790M
Cash From Investing Activities 230.0K -17.76M
Cash From Financing Activities -25.52M 12.82M
Net Change In Cash -24.89M -2.150M
YoY Change 1057.67% 975.0%
FREE CASH FLOW
Cash From Operating Activities $400.0K $2.790M
Capital Expenditures -$230.0K -$220.0K
Free Cash Flow $630.0K $3.010M
YoY Change -79.07% 18.5%

Facts In Submission

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CY2016Q1 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0 USD
CY2015Q4 us-gaap Loans And Leases Receivable Commercial
LoansAndLeasesReceivableCommercial
602703000 USD
CY2016Q1 us-gaap Loans And Leases Receivable Commercial
LoansAndLeasesReceivableCommercial
606780000 USD
CY2016Q1 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest
2191000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest
6066000 USD
CY2016Q1 us-gaap Other Real Estate
OtherRealEstate
673000 USD
CY2015Q4 asrv Troubled Debt Restructuring Modifications Recorded Investment
TroubledDebtRestructuringModificationsRecordedInvestment
156000 USD
CY2016Q1 asrv Nonperforming Assets Including Trouble Debt Restructurings
NonperformingAssetsIncludingTroubleDebtRestructurings
3007000 USD
CY2015Q4 asrv Nonperforming Assets Including Trouble Debt Restructurings
NonperformingAssetsIncludingTroubleDebtRestructurings
6297000 USD
CY2016Q1 us-gaap Loans And Leases Receivable Ratio Of Nonperforming Loans To All Loans
LoansAndLeasesReceivableRatioOfNonperformingLoansToAllLoans
0.0034 pure
CY2015Q4 us-gaap Loans And Leases Receivable Ratio Of Nonperforming Loans To All Loans
LoansAndLeasesReceivableRatioOfNonperformingLoansToAllLoans
0.0071 pure
CY2016Q1 us-gaap Loans And Leases Receivable Impaired Troubled Debt Interest Income
LoansAndLeasesReceivableImpairedTroubledDebtInterestIncome
59000 USD
CY2015Q1 us-gaap Loans And Leases Receivable Impaired Troubled Debt Interest Income
LoansAndLeasesReceivableImpairedTroubledDebtInterestIncome
24000 USD
CY2016Q1 asrv Interest Income Recorded Nonaccrual Loans
InterestIncomeRecordedNonaccrualLoans
0 USD
CY2015Q1 asrv Interest Income Recorded Nonaccrual Loans
InterestIncomeRecordedNonaccrualLoans
0 USD
CY2016Q1 asrv Net Reduction In Interest Income
NetReductionInInterestIncome
59000 USD
CY2015Q1 asrv Net Reduction In Interest Income
NetReductionInInterestIncome
24000 USD
CY2015Q4 asrv Investment Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
InvestmentSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
47346000 USD
CY2015Q4 asrv Investment Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Accumulated In Aoci
InvestmentSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInAOCI
484000 USD
CY2015Q4 asrv Investment Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
InvestmentSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
17249000 USD
CY2015Q4 asrv Investment Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses Accumulated In Aoci
InvestmentSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInAOCI
487000 USD
CY2015Q4 asrv Investment Securities Continuous Unrealized Loss Position Fair Value
InvestmentSecuritiesContinuousUnrealizedLossPositionFairValue
64595000 USD
CY2015Q4 asrv Investment Securities Continuous Unrealized Loss Position Aggregate Losses Accumulated In Aoci
InvestmentSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInAOCI
971000 USD
CY2016Q1 asrv Investment Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
InvestmentSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
9496000 USD
CY2016Q1 asrv Investment Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Accumulated In Aoci
InvestmentSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInAOCI
145000 USD
CY2016Q1 asrv Investment Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
InvestmentSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
14354000 USD
CY2016Q1 asrv Investment Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses Accumulated In Aoci
InvestmentSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInAOCI
257000 USD
CY2016Q1 asrv Investment Securities Continuous Unrealized Loss Position Fair Value
InvestmentSecuritiesContinuousUnrealizedLossPositionFairValue
23850000 USD
CY2016Q1 asrv Investment Securities Continuous Unrealized Loss Position Aggregate Losses Accumulated In Aoci
InvestmentSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInAOCI
402000 USD
CY2016Q1 us-gaap Federal Home Loan Bank Stock And Federal Reserve Bank Stock
FederalHomeLoanBankStockAndFederalReserveBankStock
6772000 USD
CY2016Q1 asrv Deposits With No Stated Maturities
DepositsWithNoStatedMaturities
633714000 USD
CY2016Q1 asrv Deposits With Stated Maturities
DepositsWithStatedMaturities
273059000 USD
CY2016Q1 us-gaap Other Borrowings
OtherBorrowings
69320000 USD
CY2016Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
1484000 USD
CY2016Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
23623000 USD
CY2016Q1 asrv Regulatory Assets Fair Value Disclosure
RegulatoryAssetsFairValueDisclosure
6772000 USD
CY2016Q1 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
2489000 USD
CY2016Q1 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
873976000 USD
CY2016Q1 us-gaap Accounts Receivable Fair Value Disclosure
AccountsReceivableFairValueDisclosure
3295000 USD
CY2016Q1 us-gaap Cash Surrender Value Fair Value Disclosure
CashSurrenderValueFairValueDisclosure
37396000 USD
CY2016Q1 asrv Deposits With No Stated Maturities Fair Value Disclosure
DepositsWithNoStatedMaturitiesFairValueDisclosure
633714000 USD
CY2016Q1 asrv Deposits With Stated Maturities Fair Value Disclosure
DepositsWithStatedMaturitiesFairValueDisclosure
275261000 USD
CY2016Q1 us-gaap Federal Home Loan Bank Borrowings Fair Value Disclosure
FederalHomeLoanBankBorrowingsFairValueDisclosure
39952000 USD
CY2016Q1 asrv Debt And Capital Lease Obligations Fair Value Disclosure
DebtAndCapitalLeaseObligationsFairValueDisclosure
74278000 USD
CY2016Q1 us-gaap Accounts Payable And Accrued Liabilities Fair Value Disclosure
AccountsPayableAndAccruedLiabilitiesFairValueDisclosure
1484000 USD
CY2016Q1 asrv Available For Sale Securities Fair Values Disclosure
AvailableForSaleSecuritiesFairValuesDisclosure
115742000 USD
CY2015Q4 us-gaap Federal Home Loan Bank Stock And Federal Reserve Bank Stock
FederalHomeLoanBankStockAndFederalReserveBankStock
6753000 USD
CY2015Q4 asrv Deposits With No Stated Maturities
DepositsWithNoStatedMaturities
633751000 USD
CY2015Q4 asrv Deposits With Stated Maturities
DepositsWithStatedMaturities
269543000 USD
CY2015Q4 us-gaap Other Borrowings
OtherBorrowings
68310000 USD
CY2015Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
1651000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
48510000 USD
CY2015Q4 asrv Regulatory Assets Fair Value Disclosure
RegulatoryAssetsFairValueDisclosure
6753000 USD
CY2015Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
3041000 USD
CY2015Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
869591000 USD
CY2015Q4 us-gaap Accounts Receivable Fair Value Disclosure
AccountsReceivableFairValueDisclosure
3057000 USD
CY2015Q4 us-gaap Cash Surrender Value Fair Value Disclosure
CashSurrenderValueFairValueDisclosure
37228000 USD
CY2015Q4 asrv Deposits With No Stated Maturities Fair Value Disclosure
DepositsWithNoStatedMaturitiesFairValueDisclosure
633751000 USD
CY2015Q4 asrv Deposits With Stated Maturities Fair Value Disclosure
DepositsWithStatedMaturitiesFairValueDisclosure
271909000 USD
CY2015Q4 us-gaap Federal Home Loan Bank Borrowings Fair Value Disclosure
FederalHomeLoanBankBorrowingsFairValueDisclosure
48748000 USD
CY2015Q4 asrv Debt And Capital Lease Obligations Fair Value Disclosure
DebtAndCapitalLeaseObligationsFairValueDisclosure
71816000 USD
CY2015Q4 us-gaap Accounts Payable And Accrued Liabilities Fair Value Disclosure
AccountsPayableAndAccruedLiabilitiesFairValueDisclosure
1651000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-6902000 USD
CY2016Q1 asrv Other Comprehensive Income Loss Before Reclassifications
OtherComprehensiveIncomeLossBeforeReclassifications
1069000 USD
CY2015Q1 asrv Other Comprehensive Income Loss Before Reclassifications
OtherComprehensiveIncomeLossBeforeReclassifications
661000 USD
CY2016Q1 asrv Amounts Reclassified From Accumulated Other Comprehensive Income Loss
AmountsReclassifiedFromAccumulatedOtherComprehensiveIncomeLoss
-38000 USD
CY2015Q1 asrv Amounts Reclassified From Accumulated Other Comprehensive Income Loss
AmountsReclassifiedFromAccumulatedOtherComprehensiveIncomeLoss
0 USD
CY2015Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-6241000 USD
CY2016Q1 us-gaap Capital
Capital
105065000 USD
CY2016Q1 asrv Tieroneriskbasedcommonequity
Tieroneriskbasedcommonequity
94690000 USD
CY2016Q1 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
94690000 USD
CY2016Q1 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
94690000 USD
CY2016Q1 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
0.1149 pure
CY2016Q1 asrv Tieroneriskbasedcommonequitytoriskweightedassets
Tieroneriskbasedcommonequitytoriskweightedassets
0.1036 pure
CY2016Q1 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
0.1036 pure
CY2016Q1 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
0.0873 pure
CY2016Q1 us-gaap Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.0863 pure
CY2016Q1 asrv Tier One Risk Based Common Equity Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCommonEquityRequiredForCapitalAdequacyToRiskWeightedAssets
0.0513 pure
CY2016Q1 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.0663 pure
CY2015Q4 us-gaap Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.0800 pure
CY2015Q4 asrv Tier One Risk Based Common Equity Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCommonEquityRequiredForCapitalAdequacyToRiskWeightedAssets
0.0450 pure
CY2016Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
CY2016Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2016Q1 dei Entity Registrant Name
EntityRegistrantName
AMERISERV FINANCIAL INC /PA/
CY2016Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000707605
CY2016Q1 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
0.0400 pure
CY2016Q1 us-gaap Capital Required To Be Well Capitalized To Risk Weighted Assets
CapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.100 pure
CY2016Q1 asrv Tieroneriskbasedcommonequityrequiredfortobewellcapitalizedtoriskweightedassets
Tieroneriskbasedcommonequityrequiredfortobewellcapitalizedtoriskweightedassets
0.0650 pure
CY2016Q1 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.0800 pure
CY2016Q1 us-gaap Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
0.0500 pure
CY2015Q4 us-gaap Capital
Capital
106890000 USD
CY2015Q4 asrv Tieroneriskbasedcommonequity
Tieroneriskbasedcommonequity
96092000 USD
CY2015Q4 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
96092000 USD
CY2015Q4 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
96092000 USD
CY2015Q4 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
0.1167 pure
CY2015Q4 asrv Tieroneriskbasedcommonequitytoriskweightedassets
Tieroneriskbasedcommonequitytoriskweightedassets
0.1049 pure
CY2015Q4 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
0.1049 pure
CY2015Q4 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
0.0897 pure
CY2015Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.0600 pure
CY2015Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
0.0400 pure
CY2015Q4 us-gaap Capital Required To Be Well Capitalized To Risk Weighted Assets
CapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.100 pure
CY2015Q4 asrv Tieroneriskbasedcommonequityrequiredfortobewellcapitalizedtoriskweightedassets
Tieroneriskbasedcommonequityrequiredfortobewellcapitalizedtoriskweightedassets
0.0650 pure
CY2015Q4 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.0800 pure
CY2015Q4 us-gaap Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
0.0500 pure
CY2015Q4 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2015Q4 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
1000
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
21000 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
21000 shares
CY2016Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2015Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
30000000 shares
CY2016Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
30000000 shares
CY2016Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
26512380 shares
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
26488630 shares
CY2016Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
18894561 shares
CY2015Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
18870811 shares
CY2016Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
7617819 shares
CY2015Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
7617819 shares
CY2016Q1 dei Document Type
DocumentType
10-Q
CY2016Q1 dei Amendment Flag
AmendmentFlag
false
CY2016Q1 dei Document Period End Date
DocumentPeriodEndDate
2016-03-31
CY2016Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2016Q1 dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2016Q1 dei Trading Symbol
TradingSymbol
ASRV
CY2016Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
9465000 USD
CY2015Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
9456000 USD
CY2016Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.01
CY2015Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.01
CY2016Q1 us-gaap Number Of Stores
NumberOfStores
16 pure
CY2016Q1 us-gaap Assets Held In Trust
AssetsHeldInTrust
2000000000 USD
CY2015Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
198888 shares
CY2016Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
438500 USD
CY2016Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
2000000 USD
CY2016Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
7600000 USD
CY2016Q1 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate Four To Five Years From Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryAverageInterestRateFourToFiveYearsFromBalanceSheetDate
0.0167 pure
CY2015Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
331000 USD
CY2016Q1 us-gaap Interest Paid
InterestPaid
2031000 USD
CY2015Q1 us-gaap Interest Paid
InterestPaid
1750000 USD
CY2016Q1 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
38000 USD
CY2015Q1 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
107000 USD
CY2016Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
1999000 USD
CY2016Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
9453000 USD
CY2016Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
31662000 USD
CY2016Q1 asrv Availableforsale Securities Debt Maturities After Ten Through Fifteen Years Amortized Cost Basis
AvailableforsaleSecuritiesDebtMaturitiesAfterTenThroughFifteenYearsAmortizedCostBasis
35830000 USD
CY2016Q1 asrv Availableforsale Securities Debt Maturities After Fifteen Years Amortized Cost
AvailableforsaleSecuritiesDebtMaturitiesAfterFifteenYearsAmortizedCost
34515000 USD
CY2016Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
113459000 USD
CY2016Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
1987000 USD
CY2016Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
9471000 USD
CY2016Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
32454000 USD
CY2016Q1 asrv Availableforsale Securities Debt Maturities After Ten Through Fifteen Years Fair Value
AvailableforsaleSecuritiesDebtMaturitiesAfterTenThroughFifteenYearsFairValue
36652000 USD
CY2016Q1 asrv Availableforsale Securities Debt Maturities After Fifteen Years Fair Value
AvailableforsaleSecuritiesDebtMaturitiesAfterFifteenYearsFairValue
35178000 USD
CY2016Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
1000000 USD
CY2016Q1 asrv Heldtomaturity Securities Debt Maturities After Ten Through Fifteen Years Net Carrying Amount
HeldtomaturitySecuritiesDebtMaturitiesAfterTenThroughFifteenYearsNetCarryingAmount
2110000 USD
CY2016Q1 asrv Heldtomaturity Securities Debt Maturities After Fifteen Years Net Carrying Amount
HeldtomaturitySecuritiesDebtMaturitiesAfterFifteenYearsNetCarryingAmount
10548000 USD
CY2016Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
997000 USD
CY2016Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
1957000 USD
CY2016Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
7763000 USD
CY2016Q1 asrv Heldtomaturity Securities Debt Maturities After Ten Through Fifteen Years Fair Value
HeldtomaturitySecuritiesDebtMaturitiesAfterTenThroughFifteenYearsFairValue
2124000 USD
CY2016Q1 asrv Heldtomaturity Securities Debt Maturities After Fifteen Years Fair Value
HeldtomaturitySecuritiesDebtMaturitiesAfterFifteenYearsFairValue
10959000 USD
CY2016Q1 asrv Gain On Sale Of Securities
GainOnSaleOfSecurities
63000 USD
CY2016Q1 asrv Loss On Sale Of Securities
LossOnSaleOfSecurities
6000 USD
CY2016Q1 asrv Carrying Value Of Available For Sale Held To Maturity And Federal Home Loan Bank Borrowings
CarryingValueOfAvailableForSaleHeldToMaturityAndFederalHomeLoanBankBorrowings
99376000 USD
CY2015Q4 asrv Carrying Value Of Available For Sale Held To Maturity And Federal Home Loan Bank Borrowings
CarryingValueOfAvailableForSaleHeldToMaturityAndFederalHomeLoanBankBorrowings
87096000 USD
CY2016Q1 us-gaap Held To Maturity Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions
HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions
24 pure
CY2016Q1 asrv Real Estate Construction Loans Percentage
RealEstateConstructionLoansPercentage
0.024 pure
CY2015Q4 asrv Real Estate Construction Loans Percentage
RealEstateConstructionLoansPercentage
0.030 pure
CY2016Q1 asrv Allowance For Loan And Lease Losses Troubled Debt Restructurings
AllowanceForLoanAndLeaseLossesTroubledDebtRestructurings
24000 USD
CY2015Q1 asrv Allowance For Loan And Lease Losses Troubled Debt Restructurings
AllowanceForLoanAndLeaseLossesTroubledDebtRestructurings
502000 USD
CY2016Q1 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From One To Two Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromOneToTwoYearsOfBalanceSheetDate
11000000 USD
CY2016Q1 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Two To Three Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromTwoToThreeYearsOfBalanceSheetDate
12000000 USD
CY2016Q1 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Three To Four Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromThreeToFourYearsOfBalanceSheetDate
12000000 USD
CY2016Q1 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Four To Five Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromFourToFiveYearsOfBalanceSheetDate
8000000 USD
CY2016Q1 us-gaap Federal Home Loan Bank Advances Maturities Summary Due After Five Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueAfterFiveYearsOfBalanceSheetDate
6000000 USD
CY2016Q1 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
88952000 USD
CY2016Q1 us-gaap Assets Sold Under Agreements To Repurchase Carrying Amounts
AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts
39952000 USD
CY2016Q1 asrv Federal Home Loan Bank Open Repo Plus Maturities Summary Average Interest Rate Overnight From Balance Sheet Date
FederalHomeLoanBankOpenRepoPlusMaturitiesSummaryAverageInterestRateOvernightFromBalanceSheetDate
0.0057 pure
CY2016Q1 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate One To Two Years From Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryAverageInterestRateOneToTwoYearsFromBalanceSheetDate
0.0083 pure
CY2016Q1 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate Two To Three Years From Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryAverageInterestRateTwoToThreeYearsFromBalanceSheetDate
0.0106 pure
CY2016Q1 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate Three To Four Years From Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryAverageInterestRateThreeToFourYearsFromBalanceSheetDate
0.0148 pure
CY2016Q1 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate After Five Years From Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryAverageInterestRateAfterFiveYearsFromBalanceSheetDate
0.0168 pure
CY2016Q1 us-gaap Federal Home Loan Bank Advances Branch Of Fhlb Bank Weighted Average Interest Rate
FederalHomeLoanBankAdvancesBranchOfFHLBBankWeightedAverageInterestRate
0.0129 pure
CY2016Q1 asrv Federal Home Loan Bank Weighted Average Interest Rate
FederalHomeLoanBankWeightedAverageInterestRate
0.0097 pure
CY2015Q4 asrv Federal Home Loan Bank Open Repo Plus Maturities Summary Average Interest Rate Overnight From Balance Sheet Date
FederalHomeLoanBankOpenRepoPlusMaturitiesSummaryAverageInterestRateOvernightFromBalanceSheetDate
0.0043 pure
CY2015Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate One To Two Years From Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryAverageInterestRateOneToTwoYearsFromBalanceSheetDate
0.0081 pure
CY2015Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate Two To Three Years From Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryAverageInterestRateTwoToThreeYearsFromBalanceSheetDate
0.0106 pure
CY2015Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate Three To Four Years From Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryAverageInterestRateThreeToFourYearsFromBalanceSheetDate
0.0148 pure
CY2015Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate Four To Five Years From Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryAverageInterestRateFourToFiveYearsFromBalanceSheetDate
0.0173 pure
CY2015Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate After Five Years From Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryAverageInterestRateAfterFiveYearsFromBalanceSheetDate
0.0169 pure
CY2015Q4 us-gaap Federal Home Loan Bank Advances Branch Of Fhlb Bank Weighted Average Interest Rate
FederalHomeLoanBankAdvancesBranchOfFHLBBankWeightedAverageInterestRate
0.0127 pure
CY2015Q4 asrv Federal Home Loan Bank Weighted Average Interest Rate
FederalHomeLoanBankWeightedAverageInterestRate
0.0085 pure
CY2015Q4 us-gaap Assets Sold Under Agreements To Repurchase Carrying Amounts
AssetsSoldUnderAgreementsToRepurchaseCarryingAmounts
48748000 USD
CY2015Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From One To Two Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromOneToTwoYearsOfBalanceSheetDate
12000000 USD
CY2015Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Two To Three Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromTwoToThreeYearsOfBalanceSheetDate
12000000 USD
CY2015Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Three To Four Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromThreeToFourYearsOfBalanceSheetDate
12000000 USD
CY2015Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Four To Five Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromFourToFiveYearsOfBalanceSheetDate
7000000 USD
CY2015Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due After Five Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueAfterFiveYearsOfBalanceSheetDate
5000000 USD
CY2015Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
96748000 USD
CY2016Q1 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
11995000 USD
CY2015Q1 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
12646000 USD
CY2016Q1 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
368000 USD
CY2015Q1 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
400000 USD
CY2016Q1 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
344000 USD
CY2015Q1 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
325000 USD
CY2016Q1 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
563000 USD
CY2015Q1 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
525000 USD
CY2016Q1 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-314000 USD
CY2015Q1 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-300000 USD
CY2016Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
463000 USD
CY2015Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
500000 USD
CY2016Q1 asrv Defined Benefit Plan Minimum Number Of Annual Employee Hours
DefinedBenefitPlanMinimumNumberOfAnnualEmployeeHours
1000 pure
CY2016Q1 asrv Defined Benefit Plan Maximum Percent Of Assets Comprised Of Entity Common Stock
DefinedBenefitPlanMaximumPercentOfAssetsComprisedOfEntityCommonStock
0.1 pure
CY2016Q1 asrv Aggregate Of Multiple Consecutive Maturity Date Extensions Delay In Payment Days
AggregateOfMultipleConsecutiveMaturityDateExtensionsDelayInPaymentDays
P120D
CY2016Q1 asrv Timely Payments On Contract Terms For Minimum Consecutive Months Prior To Consideration For Removing Loan From Tdr Status
TimelyPaymentsOnContractTermsForMinimumConsecutiveMonthsPriorToConsiderationForRemovingLoanFromTdrStatus
P6M
CY2016Q1 asrv Minimum Number Of Consecutive Months Payment For Removing Loan From Nonaccrual Status
MinimumNumberOfConsecutiveMonthsPaymentForRemovingLoanFromNonaccrualStatus
P6M
CY2016Q1 us-gaap Receivables Fair Value Disclosure
ReceivablesFairValueDisclosure
782000 USD
CY2015Q4 us-gaap Receivables Fair Value Disclosure
ReceivablesFairValueDisclosure
469000 USD
CY2016Q1 asrv Assets And Liabilities Considered Financial Instruments Percentage
AssetsAndLiabilitiesConsideredFinancialInstrumentsPercentage
0.9 pure
CY2016Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
18896876 shares
CY2016Q1 us-gaap Tangible Capital To Tangible Assets
TangibleCapitalToTangibleAssets
0.0772 pure
CY2015Q4 asrv Available For Sale Securities Fair Values Disclosure
AvailableForSaleSecuritiesFairValuesDisclosure
119467000 USD
CY2016Q1 asrv Individual Loan Balance Is Classified As Nonaccrual Status Or Troubled Debt Restructure
IndividualLoanBalanceIsClassifiedAsNonaccrualStatusOrTroubledDebtRestructure
100000 USD
CY2016Q1 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
634000 USD
CY2015Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
520000 USD
CY2016Q1 asrv Defined Benefit Plan Vesting Period
DefinedBenefitPlanVestingPeriod
P5Y
CY2016Q1 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-38000 USD
CY2015Q1 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
0 USD
CY2016Q1 asrv Total Reclassifications For The Period
TotalReclassificationsForThePeriod
-38000 USD
CY2015Q1 asrv Total Reclassifications For The Period
TotalReclassificationsForThePeriod
0 USD
CY2016Q1 us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
21000000 USD
CY2015Q1 us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
0 USD
CY2016Q1 us-gaap Basis Of Accounting
BasisOfAccounting
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <h2 style="TEXT-ALIGN: left; PADDING-BOTTOM: 3pt; TEXT-TRANSFORM: none; TEXT-INDENT: 0pt; MARGIN: 0pt; PADDING-LEFT: 4px; PADDING-RIGHT: 0pt; FONT: bold 10pt/12pt Times New Roman, Times, Serif; PADDING-TOP: 5pt"> 2. Basis of Preparation</h2> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;PADDING-BOTTOM: 3pt; TEXT-TRANSFORM: none; TEXT-INDENT: 20px; MARGIN: 0pt; PADDING-LEFT: 4px; PADDING-RIGHT: 0pt; FONT: 10pt/12pt Times New Roman, Times, Serif; PADDING-TOP: 3pt" align="left">The unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information. In the opinion of management, all adjustments consisting of normal recurring entries considered necessary for a fair presentation have been included. They are not, however, necessarily indicative of the results of consolidated operations for a full-year.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;PADDING-BOTTOM: 3pt; TEXT-TRANSFORM: none; TEXT-INDENT: 20px; MARGIN: 0pt; PADDING-LEFT: 4px; PADDING-RIGHT: 0pt; FONT: 10pt/12pt Times New Roman, Times, Serif; PADDING-TOP: 3pt" align="left">For further information, refer to the consolidated financial statements and accompanying notes included in the Company&#8217;s Annual Report on Form 10-K for the year ended December 31, 2015.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2015 asrv Consolidated Investment Securities Portfolio Modified Years
ConsolidatedInvestmentSecuritiesPortfolioModifiedYears
P34M6D
CY2016Q1 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
10000 USD
CY2015Q1 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
0 USD

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