2019 Q1 Form 10-Q Financial Statement

#000114420419025251 Filed on May 10, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q4 2018 Q1
Revenue $12.16M $12.13M $11.22M
YoY Change 8.44% 6.64% 4.36%
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 $380.0K $410.0K
YoY Change 9.76% -15.56% -4.65%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $3.507M $3.346M $2.469M
YoY Change 42.04% 41.42% 21.81%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $2.369M $2.409M $2.213M
YoY Change 7.05% 0.25% 12.16%
Income Tax $491.0K $481.0K $446.0K
% Of Pretax Income 20.73% 19.97% 20.15%
Net Earnings $1.878M $1.928M $1.767M
YoY Change 6.28% -293.77% 31.08%
Net Earnings / Revenue 15.44% 15.9% 15.75%
Basic Earnings Per Share $0.11 $0.11 $0.10
Diluted Earnings Per Share $0.11 $0.11 $0.10
COMMON SHARES
Basic Shares Outstanding 17.58M 17.75M shares 18.08M
Diluted Shares Outstanding 17.66M 18.18M

Balance Sheet

Concept 2019 Q1 2018 Q4 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $29.67M $34.89M $30.59M
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 $14.38M $13.35M $12.40M
YoY Change 15.95% 4.82% 3.33%
Goodwill $11.94M $11.94M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.300M $3.600M $5.600M
YoY Change -23.21% -40.0% -44.0%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.168B $1.161B $1.151B
YoY Change 1.43% -0.6% -1.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $900.0K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $30.91M $41.03M $36.90M
YoY Change -16.23% -16.41% 9.5%
Long-Term Debt Due $300.0K
YoY Change
Total Short-Term Liabilities $1.200M $41.00M $36.90M
YoY Change -96.75% -16.5% 9.5%
LONG-TERM LIABILITIES
Long-Term Debt $23.40M $20.40M $20.40M
YoY Change 14.71% 0.0% 0.0%
Other Long-Term Liabilities $6.700M $5.400M $7.900M
YoY Change -15.19% -39.33% -32.48%
Total Long-Term Liabilities $30.10M $25.80M $28.30M
YoY Change 6.36% -11.95% -11.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.200M $41.00M $36.90M
Total Long-Term Liabilities $30.10M $25.80M $28.30M
Total Liabilities $1.069B $1.063B $1.055B
YoY Change 1.25% -0.92% -1.96%
SHAREHOLDERS EQUITY
Retained Earnings $48.26M $46.73M
YoY Change 15.93%
Common Stock $146.1M $146.0M
YoY Change 0.05%
Preferred Stock
YoY Change
Treasury Stock (at cost) $81.06M $80.58M
YoY Change 3.0%
Treasury Stock Shares $9.103M $8.991M 8.563M shares
Shareholders Equity $99.06M $97.98M $95.81M
YoY Change
Total Liabilities & Shareholders Equity $1.168B $1.161B $1.151B
YoY Change 1.43% -0.6% -1.78%

Cashflow Statement

Concept 2019 Q1 2018 Q4 2018 Q1
OPERATING ACTIVITIES
Net Income $1.878M $1.928M $1.767M
YoY Change 6.28% -293.77% 31.08%
Depreciation, Depletion And Amortization $450.0K $380.0K $410.0K
YoY Change 9.76% -15.56% -4.65%
Cash From Operating Activities $1.701M $4.210M $3.565M
YoY Change -52.29% 112.63% 36.69%
INVESTING ACTIVITIES
Capital Expenditures -$1.400M -$1.450M -$80.00K
YoY Change 1650.0% 178.85% -88.57%
Acquisitions
YoY Change
Other Investing Activities -$5.090M $12.99M $9.800M
YoY Change -151.94% 112.6% -144.34%
Cash From Investing Activities -$6.484M $11.53M $9.718M
YoY Change -166.72% 106.26% -142.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -440.0K -12.09M -16.88M
YoY Change -97.39% 486.89% -198.48%
NET CHANGE
Cash From Operating Activities 1.701M 4.210M 3.565M
Cash From Investing Activities -6.484M 11.53M 9.718M
Cash From Financing Activities -440.0K -12.09M -16.88M
Net Change In Cash -5.223M 3.650M -3.594M
YoY Change 45.33% -33.76% 17.57%
FREE CASH FLOW
Cash From Operating Activities $1.701M $4.210M $3.565M
Capital Expenditures -$1.400M -$1.450M -$80.00K
Free Cash Flow $3.101M $5.660M $3.645M
YoY Change -14.92% 126.4% 10.19%

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CY2018Q1 us-gaap Interest Income Expense Net
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CY2019Q1 us-gaap Provision For Loan Lease And Other Losses
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CY2018Q1 us-gaap Provision For Loan Lease And Other Losses
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CY2019Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
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CY2018Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
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CY2019Q1 us-gaap Gain Loss On Sales Of Loans Net
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62000
CY2018Q1 us-gaap Gain Loss On Sales Of Loans Net
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98000
CY2019Q1 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
0
CY2018Q1 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
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CY2019Q1 us-gaap Bank Owned Life Insurance Income
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128000
CY2018Q1 us-gaap Bank Owned Life Insurance Income
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132000
CY2019Q1 us-gaap Noninterest Income Other Operating Income
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665000
CY2018Q1 us-gaap Noninterest Income Other Operating Income
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705000
CY2019Q1 us-gaap Noninterest Income
NoninterestIncome
3605000
CY2018Q1 us-gaap Noninterest Income
NoninterestIncome
3635000
CY2019Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
6301000
CY2018Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
6093000
CY2019Q1 us-gaap Occupancy Net
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658000
CY2018Q1 us-gaap Occupancy Net
OccupancyNet
670000
CY2019Q1 us-gaap Equipment Expense
EquipmentExpense
361000
CY2018Q1 us-gaap Equipment Expense
EquipmentExpense
391000
CY2019Q1 us-gaap Professional Fees
ProfessionalFees
1120000
CY2018Q1 us-gaap Professional Fees
ProfessionalFees
1184000
CY2019Q1 us-gaap Supplies And Postage Expense
SuppliesAndPostageExpense
173000
CY2018Q1 us-gaap Supplies And Postage Expense
SuppliesAndPostageExpense
168000
CY2019Q1 us-gaap Taxes Other
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277000
CY2018Q1 us-gaap Taxes Other
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290000
CY2019Q1 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
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CY2018Q1 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
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CY2019Q1 us-gaap Other Noninterest Expense
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CY2018Q1 us-gaap Other Noninterest Expense
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CY2019Q1 us-gaap Noninterest Expense
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CY2018Q1 us-gaap Noninterest Expense
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CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2018Q1 us-gaap Earnings Per Share Basic
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CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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18079000
CY2019Q1 us-gaap Earnings Per Share Diluted
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CY2018Q1 us-gaap Earnings Per Share Diluted
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CY2019Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
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1835000
CY2018Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
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CY2019Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
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385000
CY2018Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
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CY2019Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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CY2018Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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CY2019Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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370000
CY2018Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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CY2019Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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0
CY2018Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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CY2019Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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0
CY2018Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2018Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2019Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1821000
CY2018Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1393000
CY2019Q1 us-gaap Stockholders Equity
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CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2019Q1 us-gaap Available For Sale Securities Amortized Cost
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154044000
CY2019Q1 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1341000
CY2019Q1 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1360000
CY2019Q1 us-gaap Available For Sale Securities
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CY2019Q1 us-gaap Held To Maturity Securities
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40528000
CY2019Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
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484000
CY2019Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
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282000
CY2019Q1 us-gaap Held To Maturity Securities Fair Value
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40730000
CY2018Q4 asrv Investment Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
InvestmentSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
39784000
CY2019Q1 asrv Investment Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
InvestmentSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
12344000
CY2019Q1 us-gaap Net Income Loss
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CY2018Q1 us-gaap Net Income Loss
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CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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17578000
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18079000
CY2019Q1 asrv Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
86000
CY2018Q1 asrv Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
102000
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17664000
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18181000
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2019Q1 asrv Wealth Management Fees
WealthManagementFees
2396000
CY2018Q1 asrv Wealth Management Fees
WealthManagementFees
2426000
CY2019Q1 asrv Fees And Commissions Mortgage Bankings
FeesAndCommissionsMortgageBankings
44000
CY2018Q1 asrv Fees And Commissions Mortgage Bankings
FeesAndCommissionsMortgageBankings
39000
CY2019Q1 asrv Fees And Commissions Depositor Account
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310000
CY2018Q1 asrv Fees And Commissions Depositor Account
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383000
CY2019Q1 us-gaap Net Income Loss
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CY2018Q1 us-gaap Net Income Loss
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CY2019Q1 us-gaap Provision For Loan Lease And Other Losses
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CY2018Q1 us-gaap Provision For Loan Lease And Other Losses
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CY2019Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
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CY2018Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
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CY2019Q1 us-gaap Gain Loss On Sale Of Investments
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0
CY2018Q1 us-gaap Gain Loss On Sale Of Investments
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CY2019Q1 us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
62000
CY2018Q1 us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
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CY2019Q1 us-gaap Amortization Of Deferred Loan Origination Fees Net
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CY2018Q1 us-gaap Amortization Of Deferred Loan Origination Fees Net
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35000
CY2019Q1 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
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CY2018Q1 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
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CY2019Q1 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
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CY2018Q1 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
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CY2019Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
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443000
CY2018Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
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CY2019Q1 us-gaap Increase Decrease In Interest Payable Net
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CY2018Q1 us-gaap Increase Decrease In Interest Payable Net
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CY2018Q1 us-gaap Payments For Repurchase Of Equity
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CY2019Q1 us-gaap Payments Of Dividends Common Stock
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349000
CY2018Q1 us-gaap Payments Of Dividends Common Stock
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CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2019Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
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CY2018Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
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CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2018Q1 us-gaap Proceeds From Sale Of Other Real Estate
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CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019Q1 us-gaap Other Depreciation And Amortization
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CY2018Q1 us-gaap Other Depreciation And Amortization
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CY2019Q1 us-gaap Increase Decrease In Deposits
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CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2019Q1 us-gaap Deferred Income Taxes And Tax Credits
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CY2018Q1 us-gaap Deferred Income Taxes And Tax Credits
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447000
CY2019Q1 us-gaap Share Based Compensation
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CY2018Q1 us-gaap Share Based Compensation
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CY2019Q1 us-gaap Increase Decrease In Other Operating Assets
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434000
CY2018Q1 us-gaap Increase Decrease In Other Operating Assets
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CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
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CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities
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CY2019Q1 us-gaap Payments To Acquire Federal Home Loan Bank Stock
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CY2018Q1 us-gaap Payments To Acquire Federal Home Loan Bank Stock
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CY2019Q1 us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
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CY2018Q1 us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
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CY2019Q1 us-gaap Payments For Proceeds From Loans And Leases
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CY2018Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
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CY2019Q1 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
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CY2018Q1 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
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CY2019Q1 us-gaap Payments To Acquire Loans Held For Investment
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CY2018Q1 us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
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CY2019Q1 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
1395000
CY2018Q1 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
77000
CY2019Q1 us-gaap Proceeds From Sale Of Other Real Estate
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176000
CY2018Q1 us-gaap Increase Decrease In Deposits
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CY2019Q1 us-gaap Proceeds From Repayments Of Short Term Debt
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CY2018Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
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CY2019Q1 us-gaap Proceeds From Federal Home Loan Bank Borrowings
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2850000
CY2018Q1 us-gaap Proceeds From Federal Home Loan Bank Borrowings
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1740000
CY2019Q1 us-gaap Payments For Repurchase Of Equity
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CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
29671000
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
30594000
CY2019Q1 us-gaap Repayments Of Federal Home Loan Bank Borrowings
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CY2018Q1 us-gaap Repayments Of Federal Home Loan Bank Borrowings
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CY2019Q1 asrv Wealth Management Fees
WealthManagementFees
2396000
CY2018Q1 asrv Wealth Management Fees
WealthManagementFees
2426000
CY2019Q1 asrv Fees And Commissions Depositor Account
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310000
CY2018Q1 asrv Fees And Commissions Depositor Account
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383000
CY2019Q1 us-gaap Noninterest Income Other
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420000
CY2018Q1 us-gaap Noninterest Income Other
NoninterestIncomeOther
417000
CY2019Q1 asrv Non Interest Income In Scope Of606
NonInterestIncomeInScopeOf606
3126000
CY2018Q1 asrv Non Interest Income In Scope Of606
NonInterestIncomeInScopeOf606
3226000
CY2019Q1 asrv Non Interest Income Out Of Scope Of606
NonInterestIncomeOutOfScopeOf606
479000
CY2018Q1 asrv Non Interest Income Out Of Scope Of606
NonInterestIncomeOutOfScopeOf606
409000
CY2019Q1 us-gaap Noninterest Income
NoninterestIncome
3605000
CY2018Q1 us-gaap Noninterest Income
NoninterestIncome
3635000
CY2018Q4 asrv Investment Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
InvestmentSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
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CY2018Q4 asrv Investment Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
InvestmentSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
78532000
CY2018Q4 asrv Investment Securities Continuous Unrealized Loss Position Accumulated Loss
InvestmentSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
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CY2018Q4 asrv Investment Securities Continuous Unrealized Loss Position Fair Value
InvestmentSecuritiesContinuousUnrealizedLossPositionFairValue
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CY2018Q4 asrv Investment Securities Continuous Unrealized Loss Position Aggregate Accumulated Losses
InvestmentSecuritiesContinuousUnrealizedLossPositionAggregateAccumulatedLosses
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CY2019Q1 asrv Investment Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
InvestmentSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
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CY2019Q1 asrv Investment Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
InvestmentSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
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CY2019Q1 asrv Investment Securities Continuous Unrealized Loss Position Accumulated Loss
InvestmentSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
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CY2019Q1 asrv Investment Securities Continuous Unrealized Loss Position Fair Value
InvestmentSecuritiesContinuousUnrealizedLossPositionFairValue
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CY2019Q1 asrv Investment Securities Continuous Unrealized Loss Position Aggregate Accumulated Losses
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CY2018Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
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CY2019Q1 us-gaap Loans And Leases Receivable Net Of Deferred Income
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CY2018Q4 asrv Real Estate Construction Loans Percentage
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CY2019Q1 asrv Real Estate Construction Loans Percentage
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CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
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CY2019Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
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CY2019Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
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CY2019Q1 us-gaap Allowance For Loan And Lease Losses Adjustments Net
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CY2019Q1 us-gaap Financing Receivable Allowance For Credit Losses
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CY2017Q4 us-gaap Financing Receivable Allowance For Credit Losses
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CY2018Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
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CY2018Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
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CY2018Q1 us-gaap Allowance For Loan And Lease Losses Adjustments Net
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CY2018Q1 us-gaap Financing Receivable Allowance For Credit Losses
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CY2019Q1 asrv Debt Instrument Non Performing Assets
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CY2019Q1 asrv Percentage For Total Loans
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CY2019Q1 us-gaap Allowance For Loan And Lease Losses Writeoffs Net
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164000
CY2019Q1 asrv Allowance For Loan And Lease Losses Write Off Percentage
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CY2018Q1 us-gaap Allowance For Loan And Lease Losses Writeoffs Net
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332000
CY2018Q1 asrv Allowance For Loan And Lease Losses Write Off Percentage
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CY2019Q1 us-gaap Financing Receivable Individually Evaluated For Impairment
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CY2019Q1 us-gaap Financing Receivable Collectively Evaluated For Impairment
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CY2019Q1 us-gaap Loans And Leases Receivable Net Of Deferred Income
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CY2019Q1 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
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CY2019Q1 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
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CY2019Q1 us-gaap Financing Receivable Allowance For Credit Losses
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CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
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CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
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CY2018Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
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CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses
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CY2019Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2018Q4 us-gaap Financing Receivable Recorded Investment Current
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CY2018Q4 us-gaap Financing Receivable Recorded Investment Past Due
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CY2018Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
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0
CY2019Q1 asrv Derivative Notional Amount Outstanding
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CY2018Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
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CY2018Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
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CY2019Q1 asrv Individual Loan Balance Is Classified As Nonaccrual Status Or Troubled Debt Restructure
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100000
CY2019Q1 us-gaap Impaired Financing Receivable Recorded Investment
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CY2019Q1 us-gaap Impaired Financing Receivable Unpaid Principal Balance
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CY2018Q4 us-gaap Impaired Financing Receivable Recorded Investment
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CY2018Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
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CY2019Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
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CY2019Q1 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
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0
CY2019Q1 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
858791000
CY2019Q1 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
3724000
CY2019Q1 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0
CY2019Q1 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest
1150000
CY2018Q4 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest
1221000
CY2019Q1 us-gaap Other Real Estate
OtherRealEstate
18000
CY2018Q4 us-gaap Other Real Estate
OtherRealEstate
157000
CY2019Q1 asrv Troubled Debt Restructuring Modifications Recorded Investment
TroubledDebtRestructuringModificationsRecordedInvestment
0
CY2018Q4 asrv Troubled Debt Restructuring Modifications Recorded Investment
TroubledDebtRestructuringModificationsRecordedInvestment
0
CY2019Q1 asrv Nonperforming Assets Including Trouble Debt Restructurings
NonperformingAssetsIncludingTroubleDebtRestructurings
1168000
CY2018Q4 asrv Nonperforming Assets Including Trouble Debt Restructurings
NonperformingAssetsIncludingTroubleDebtRestructurings
1378000
CY2019Q1 us-gaap Loans And Leases Receivable Ratio Of Nonperforming Loans To All Loans
LoansAndLeasesReceivableRatioOfNonperformingLoansToAllLoans
0.0014
CY2018Q4 us-gaap Loans And Leases Receivable Ratio Of Nonperforming Loans To All Loans
LoansAndLeasesReceivableRatioOfNonperformingLoansToAllLoans
0.0016
CY2019Q1 us-gaap Loans And Leases Receivable Impaired Troubled Debt Interest Income
LoansAndLeasesReceivableImpairedTroubledDebtInterestIncome
15000
CY2018Q1 us-gaap Loans And Leases Receivable Impaired Troubled Debt Interest Income
LoansAndLeasesReceivableImpairedTroubledDebtInterestIncome
27000
CY2019Q1 asrv Interest Income Recorded Nonaccrual Loans
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0
CY2018Q1 asrv Interest Income Recorded Nonaccrual Loans
InterestIncomeRecordedNonaccrualLoans
0
CY2019Q1 asrv Net Reduction In Interest Income
NetReductionInInterestIncome
15000
CY2018Q1 asrv Net Reduction In Interest Income
NetReductionInInterestIncome
27000
CY2019Q1 asrv Allowance For Loan And Lease Losses Troubled Debt Restructurings
AllowanceForLoanAndLeaseLossesTroubledDebtRestructurings
11000
CY2019Q1 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
128000
CY2018Q1 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
132000
CY2019Q1 us-gaap Proceeds From Stock Options Exercised
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85000
CY2018Q1 us-gaap Proceeds From Stock Options Exercised
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28000
CY2019Q1 asrv Available For Sale Securities And Held To Maturity Securities In Unrealized Loss Positions
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesInUnrealizedLossPositions
129
CY2019Q1 us-gaap Derivative Assets
DerivativeAssets
210000
CY2018Q4 us-gaap Derivative Assets
DerivativeAssets
257000
CY2018Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
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CY2019Q1 us-gaap Held To Maturity Securities Fair Value
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40730000
CY2018Q4 us-gaap Held To Maturity Securities Fair Value
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40324000
CY2019Q1 us-gaap Common Stock Par Or Stated Value Per Share
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0.01
CY2019Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
30000000
CY2019Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
26643495
CY2019Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
17540676
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
26609811
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
17619303
CY2019Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
9102819
CY2018Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
8990508
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
30000000
CY2018Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
9818000
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2369000
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2213000
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
491000
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
446000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
1878000
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
1767000
CY2019Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
30000
CY2018Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0
CY2019Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
112311
CY2018Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
105663
CY2019Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
33684
CY2018Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
10817
CY2019Q1 us-gaap Assets Under Management Carrying Amount
AssetsUnderManagementCarryingAmount
2200000000
CY2019Q1 us-gaap Basis Of Accounting
BasisOfAccounting
<div style="font-family: 'times new roman', 'serif';font-size: 10pt;"><div style="color: rgb(0, 0, 0); font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2.&#160;&#160;&#160;Basis of Preparation </div></div></div><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; text-indent: 0.28in; margin-top: 6pt; line-height: 12pt;"><div style="color: rgb(0, 0, 0); font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">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><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; text-indent: 0.28in; margin-top: 6pt; line-height: 12pt;"><div style="color: rgb(0, 0, 0); font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">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, 2018. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2019Q1 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="font-family: &quot;times new roman&quot;, serif;"><div style="color: rgb(0, 0, 0); font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="background-color:rgba(255, 255, 255, .0);;display:inline;">3.&#160;&#160;</div><div style="background-color:#ffffff;;display:inline;">&#160;</div></div></div><div style="background: rgb(255, 255, 0); color: rgb(0, 0, 0); font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-decoration:underline;display:inline;"><div style="font-weight:bold;display:inline;"><div style="background-color:#ffffff;;display:inline;">Recent Accounting Pronouncements</div></div></div></div></div><div style="font-family: &quot;times new roman&quot;, serif; text-indent: 0.28in; margin-top: 6pt;"><div style="color: rgb(0, 0, 0); font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="background-color:rgba(255, 255, 255, .0);;display:inline;">In </div><div style="background-color:rgba(255, 255, 255, .0);;display:inline;">June 2016</div><div style="background-color:rgba(255, 255, 255, .0);;display:inline;">, the FASB issued ASU </div><div style="background-color:rgba(255, 255, 255, .0);;display:inline;">2016</div><div style="background-color:rgba(255, 255, 255, .0);;display:inline;">-</div><div style="background-color:rgba(255, 255, 255, .0);;display:inline;">13</div><div style="background-color:rgba(255, 255, 255, .0);;display:inline;">, </div></div><div style="color: rgb(0, 0, 0); font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;"><div style="background-color:rgba(255, 255, 255, .0);;display:inline;">Financial Instruments&#8201;&#8212;&#8201;Credit Losses: Measurement of Credit Losses on Financial Instruments </div></div></div><div style="color: rgb(0, 0, 0); font-family: &quot;times new roman&quot;, serif; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="background-color:rgba(255, 255, 255, .0);;display:inline;">(&#8220;ASU </div><div style="background-color:rgba(255, 255, 255, .0);;display:inline;">2016</div><div style="background-color:rgba(255, 255, 255, .0);;display:inline;">-</div><div style="background-color:rgba(255, 255, 255, .0);;display:inline;">13</div><div style="background-color:rgba(255, 255, 255, .0);;display:inline;">&#8221;), which changes the impairment model for most financial assets. This Update is intended to improve financial reporting by requiring timelier recording of credit losses on loans and other financial instruments held by financial institutions and other organizations. The underlying premise of the Update is that financial assets measured at amortized cost should be presented at the net amount expected to be collected, through an allowance for credit losses that is deducted from the amortized cost basis. The allowance for credit losses should reflect management&#8217;s current estimate of credit losses that are expected to occur over the remaining life of a financial asset. The income statement will be effected for the measurement of credit losses for newly recognized financial assets, as well as the&#160;expected increases or decreases of expected credit losses that have taken place during the period. ASU&#160;</div><div style="background-color:rgba(255, 255, 255, .0);;display:inline;">2016</div><div style="background-color:rgba(255, 255, 255, .0);;display:inline;">-</div><div style="background-color:rgba(255, 255, 255, .0);;display:inline;">13</div><div style="background-color:rgba(255, 255, 255, .0);;display:inline;"> is effective for annual and interim periods beginning after </div><div style="background-color:rgba(255, 255, 255, .0);;display:inline;">December 15, 2019</div><div style="background-color:rgba(255, 255, 255, .0);;display:inline;">, and early adoption is permitted for annual and interim periods beginning after </div><div style="background-color:rgba(255, 255, 255, .0);;display:inline;">December 15, 2018</div><div style="background-color:rgba(255, 255, 255, .0);;display:inline;">. With certain exceptions, transition to the new requirements will be through a cumulative effect adjustment to opening retained earnings as of the beginning of the firs</div>t reporting period in which the guidance is adopted. The Company is currently evaluating the impact that the Update will have on our consolidated financial statements. We are currently working with an industry leading third-party consultant and software provider to assist us in the implementation of this standard. We expect to recognize a one-time cumulative effect adjustment to the allowance for loan losses as of the beginning of the first reporting period in which the new standard is effective, but cannot yet determine the magnitude of any such one-time adjustment or the overall impact of the new guidance on the consolidated financial statements. The overall impact of the amendment will be affected by the portfolio composition and quality at the adoption date as well as economic conditions and forecasts at that time. </div></div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2019Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
12000
CY2018Q1 us-gaap Interest Paid
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2590000
CY2019Q1 asrv Carrying Value Of Available For Sale Held To Maturity
CarryingValueOfAvailableForSaleHeldToMaturity
118370000
CY2019Q1 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
18000
CY2018Q1 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
158000
CY2019Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
1006000
CY2019Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
1005000
CY2019Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
1000000
CY2018Q4 asrv Carrying Value Of Available For Sale Held To Maturity
CarryingValueOfAvailableForSaleHeldToMaturity
115536000
CY2019Q1 us-gaap Interest Paid
InterestPaid
3524000
CY2019Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
953000
CY2019Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
22552000
CY2019Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
22456000
CY2019Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
5192000
CY2019Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
5168000
CY2019Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
44406000
CY2019Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
44189000
CY2019Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
19023000
CY2019Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
19149000
CY2019Q1 asrv Availableforsale Securities Debt Maturities After Ten Through Fifteen Years Amortized Cost Basis
AvailableforsaleSecuritiesDebtMaturitiesAfterTenThroughFifteenYearsAmortizedCostBasis
29382000
CY2019Q1 asrv Availableforsale Securities Debt Maturities After Ten Through Fifteen Years Fair Value
AvailableforsaleSecuritiesDebtMaturitiesAfterTenThroughFifteenYearsFairValue
29521000
CY2019Q1 asrv Heldtomaturity Securities Debt Maturities After Ten Through Fifteen Years Net Carrying Amount
HeldtomaturitySecuritiesDebtMaturitiesAfterTenThroughFifteenYearsNetCarryingAmount
9816000
CY2019Q1 asrv Heldtomaturity Securities Debt Maturities After Ten Through Fifteen Years Fair Value
HeldtomaturitySecuritiesDebtMaturitiesAfterTenThroughFifteenYearsFairValue
9971000
CY2019Q1 asrv Availableforsale Securities Debt Maturities After Fifteen Years Amortized Cost
AvailableforsaleSecuritiesDebtMaturitiesAfterFifteenYearsAmortizedCost
56698000
CY2019Q1 asrv Availableforsale Securities Debt Maturities After Fifteen Years Fair Value
AvailableforsaleSecuritiesDebtMaturitiesAfterFifteenYearsFairValue
56854000
CY2019Q1 asrv Heldtomaturity Securities Debt Maturities After Fifteen Years Net Carrying Amount
HeldtomaturitySecuritiesDebtMaturitiesAfterFifteenYearsNetCarryingAmount
5497000
CY2019Q1 asrv Heldtomaturity Securities Debt Maturities After Fifteen Years Fair Value
HeldtomaturitySecuritiesDebtMaturitiesAfterFifteenYearsFairValue
5489000
CY2019Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
154044000
CY2019Q1 us-gaap Available For Sale Securities
AvailableForSaleSecurities
154025000
CY2019Q1 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
40528000
CY2019Q1 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
40730000
CY2018Q1 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
148000
CY2019Q1 asrv Percentage Of Allowance For Non Performing Loans
PercentageOfAllowanceForNonPerformingLoans
6.94
CY2019Q1 asrv Percentage Of Allowance For Total Loans
PercentageOfAllowanceForTotalLoans
0.0094
CY2018Q4 asrv Percentage Of Allowance For Non Performing Loans
PercentageOfAllowanceForNonPerformingLoans
6.29
CY2018Q4 asrv Percentage Of Allowance For Total Loans
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CY2019Q1 us-gaap Federal Home Loan Bank Advances Current
FederalHomeLoanBankAdvancesCurrent
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CY2019Q1 asrv Federal Home Loan Bank Open Repo Plus Maturities Summary Average Interest Rate Overnight From Balance Sheet Date
FederalHomeLoanBankOpenRepoPlusMaturitiesSummaryAverageInterestRateOvernightFromBalanceSheetDate
0.0270
CY2019Q1 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From One To Two Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromOneToTwoYearsOfBalanceSheetDate
11500000
CY2019Q1 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate One To Two Years From Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryAverageInterestRateOneToTwoYearsFromBalanceSheetDate
0.0153
CY2019Q1 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Two To Three Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromTwoToThreeYearsOfBalanceSheetDate
16729000
CY2019Q1 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate Two To Three Years From Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryAverageInterestRateTwoToThreeYearsFromBalanceSheetDate
0.0174
CY2019Q1 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Three To Four Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromThreeToFourYearsOfBalanceSheetDate
9496000
CY2019Q1 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate Three To Four Years From Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryAverageInterestRateThreeToFourYearsFromBalanceSheetDate
0.0228
CY2019Q1 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Four To Five Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromFourToFiveYearsOfBalanceSheetDate
7996000
CY2019Q1 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate Four To Five Years From Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryAverageInterestRateFourToFiveYearsFromBalanceSheetDate
0.0281
CY2019Q1 us-gaap Federal Home Loan Bank Advances Maturities Summary Due After Five Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueAfterFiveYearsOfBalanceSheetDate
2850000
CY2019Q1 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate After Five Years From Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryAverageInterestRateAfterFiveYearsFromBalanceSheetDate
0.0265
CY2019Q1 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
79483000
CY2019Q1 asrv Federal Home Loan Bank Weighted Average Interest Rate
FederalHomeLoanBankWeightedAverageInterestRate
0.0229
CY2018Q4 us-gaap Federal Home Loan Bank Advances Current
FederalHomeLoanBankAdvancesCurrent
41029000
CY2018Q4 asrv Federal Home Loan Bank Open Repo Plus Maturities Summary Average Interest Rate Overnight From Balance Sheet Date
FederalHomeLoanBankOpenRepoPlusMaturitiesSummaryAverageInterestRateOvernightFromBalanceSheetDate
0.0262
CY2018Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From One To Two Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromOneToTwoYearsOfBalanceSheetDate
12500000
CY2018Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate One To Two Years From Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryAverageInterestRateOneToTwoYearsFromBalanceSheetDate
0.0151
CY2018Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Two To Three Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromTwoToThreeYearsOfBalanceSheetDate
16729000
CY2018Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate Two To Three Years From Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryAverageInterestRateTwoToThreeYearsFromBalanceSheetDate
0.0174
CY2018Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Three To Four Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromThreeToFourYearsOfBalanceSheetDate
9496000
CY2018Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate Three To Four Years From Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryAverageInterestRateThreeToFourYearsFromBalanceSheetDate
0.0228
CY2018Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Four To Five Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromFourToFiveYearsOfBalanceSheetDate
6996000
CY2018Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate Four To Five Years From Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryAverageInterestRateFourToFiveYearsFromBalanceSheetDate
0.0286
CY2018Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due After Five Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueAfterFiveYearsOfBalanceSheetDate
1000000
CY2018Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate After Five Years From Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryAverageInterestRateAfterFiveYearsFromBalanceSheetDate
0.0286
CY2018Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
87750000
CY2018Q4 asrv Federal Home Loan Bank Weighted Average Interest Rate
FederalHomeLoanBankWeightedAverageInterestRate
0.0228
CY2019Q1 invest Derivative Notional Amount
DerivativeNotionalAmount
0
CY2019Q1 asrv Increase Decrease In Interest Expense
IncreaseDecreaseInInterestExpense
0
CY2018Q1 invest Derivative Notional Amount
DerivativeNotionalAmount
0
CY2018Q1 asrv Increase Decrease In Interest Expense
IncreaseDecreaseInInterestExpense
0
CY2019Q1 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
12262000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
1878000
CY2018Q1 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
12384000
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
1767000
CY2019Q1 asrv Defined Benefit Plan Maximum Percent Of Assets Comprised Of Entity Common Stock
DefinedBenefitPlanMaximumPercentOfAssetsComprisedOfEntityCommonStock
0.10
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
911000
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
0
CY2019Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
3272000
CY2018Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
0
CY2019Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14378000
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13348000
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
928000
CY2018Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
0
CY2019Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
3295000
CY2018Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
0
CY2019Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
64000
CY2019Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
30000
CY2019Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
29000
CY2019Q1 us-gaap Lease Cost
LeaseCost
123000
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
117000
CY2019Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
295000
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
118000
CY2019Q1 us-gaap Finance Lease Liability Payments Due In Rolling Year Two
FinanceLeaseLiabilityPaymentsDueInRollingYearTwo
289000
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
120000
CY2019Q1 us-gaap Finance Lease Liability Payments Due In Rolling Year Three
FinanceLeaseLiabilityPaymentsDueInRollingYearThree
276000
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
85000
CY2019Q1 us-gaap Finance Lease Liability Payments Due In Rolling Year Four
FinanceLeaseLiabilityPaymentsDueInRollingYearFour
278000
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
69000
CY2019Q1 us-gaap Finance Lease Liability Payments Due In Rolling Year Five
FinanceLeaseLiabilityPaymentsDueInRollingYearFive
262000
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
641000
CY2019Q1 us-gaap Finance Lease Liability Payments Due In Rolling After Year Five
FinanceLeaseLiabilityPaymentsDueInRollingAfterYearFive
3184000
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1150000
CY2019Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
4584000
CY2019Q1 asrv Discounted Cash Flows In Respect Of Future Sums Due Pursuant To Operating Lease
DiscountedCashFlowsInRespectOfFutureSumsDuePursuantToOperatingLease
-222000
CY2019Q1 asrv Discounted Cash Flows In Respect Of Future Sums Due Pursuant To Finance Lease
DiscountedCashFlowsInRespectOfFutureSumsDuePursuantToFinanceLease
-1289000
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
928000
CY2019Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
3295000
CY2018Q1 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
0
CY2018Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
1343000
CY2019Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P12Y4M24D
CY2019Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P17Y6M
CY2019Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0344
CY2019Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0359
CY2019Q1 asrv Assets And Liabilities Considered Financial Instruments Percentage
AssetsAndLiabilitiesConsideredFinancialInstrumentsPercentage
0.90
CY2019Q1 asrv Defined Benefit Plan Minimum Number Of Annual Employee Hours
DefinedBenefitPlanMinimumNumberOfAnnualEmployeeHours
1000
CY2019Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
4000
CY2018Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
0
CY2019Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
9063000
CY2018Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
13168000
CY2019Q1 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
0
CY2018Q1 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
855000
CY2019Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
0
CY2018Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
4479000
CY2019Q1 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
3484000
CY2018Q1 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
3695000
CY2019Q1 us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
214000
CY2018Q1 us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
917000
CY2019Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
41000
CY2018Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0
CY2019Q1 asrv Derivative Instruments Weighted Average Interest Rate Received Paid
DerivativeInstrumentsWeightedAverageInterestRateReceivedPaid
0
CY2018Q1 asrv Derivative Instruments Weighted Average Interest Rate Received Paid
DerivativeInstrumentsWeightedAverageInterestRateReceivedPaid
0
CY2019Q1 asrv Consolidated Investment Securities Portfolio Modified Years
ConsolidatedInvestmentSecuritiesPortfolioModifiedYears
P41M21D
CY2018 asrv Consolidated Investment Securities Portfolio Modified Years
ConsolidatedInvestmentSecuritiesPortfolioModifiedYears
P44M3D
CY2019Q1 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
11000
CY2018Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
11000
CY2019Q1 dei Document Type
DocumentType
10-Q
CY2019Q1 dei Amendment Flag
AmendmentFlag
false
CY2019Q1 dei Document Period End Date
DocumentPeriodEndDate
2019-03-31
CY2019Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
CY2019Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2019Q1 dei Entity Registrant Name
EntityRegistrantName
AMERISERV FINANCIAL INC /PA/
CY2019Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000707605
CY2019Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2019Q1 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2019Q1 dei Trading Symbol
TradingSymbol
ASRV
CY2019Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
17542676
CY2019Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2019Q1 dei Entity Small Business
EntitySmallBusiness
true
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17664000
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18181000
CY2019Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
0
CY2018Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
0
CY2019Q1 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
0
CY2018Q4 asrv Allowance For Loan And Lease Losses Troubled Debt Restructurings
AllowanceForLoanAndLeaseLossesTroubledDebtRestructurings
11000
CY2018Q1 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
117000
CY2018Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
148514000
CY2018Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
765000
CY2018Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
2548000
CY2018Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
146731000
CY2018Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
40760000
CY2018Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
222000
CY2018Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
658000
CY2018Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
40324000

Files In Submission

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0001144204-19-025251-xbrl.zip Edgar Link pending
asrv-20190331.xml Edgar Link completed
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