Ameriserv Financial Bank

Headquarters

216 Franklin Street
Johnstown, PA 15901
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.40% →
1-Year CD 0.45% 1.15% →
2-Year CD 1.00% 1.26% →
5-Year CD 1.10% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Ameriserv Financial Bank is an FDIC insured institution located in Johnstown, PA. It was founded in 1933 and has approximately $1.15 billion in assets. Customers can open an account at one of its 18 branches.

FDIC Insured Yes
FDIC Certificate # 7542
Date Established 1933
Assets $ 1,154.17 million
Loans $ 868.07 million
Deposits $ 957.79 million
Capital $ 107.70 million
 

For a more detailed analysis of Ameriserv Financial Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - July 12, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $25 $24,999 Learn More
Money Market
0.10% $1 $19,999 Learn More
Money Market
0.20% $20,000 $99,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.15% $2,500 $99,999 Learn More
3 Mo CD
0.35% $100,000 - Learn More
6 Mo CD
0.35% $1,000 $99,999 Learn More
6 Mo CD
0.40% $100,000 - Learn More
12 Mo CD
0.40% $1,000 $99,999 Learn More
12 Mo CD
0.45% $100,000 - Learn More
18 Mo CD
0.50% $1,000 - Learn More
24 Mo CD
1.00% $1,000 $99,999 Learn More
24 Mo CD
1.00% $100,000 - Learn More
30 Mo CD
0.65% $1,000 $99,999 Learn More
36 Mo CD
0.85% $1,000 $99,999 Learn More
36 Mo CD
0.85% $100,000 - Learn More
48 Mo CD
0.90% $1,000 $99,999 Learn More
48 Mo CD
0.90% $100,000 - Learn More
60 Mo CD
1.10% $1,000 $99,999 Learn More
60 Mo CD
1.10% $100,000 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.40% $1,000 $99,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.50% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
0.01% $1 $2,499 Learn MoreShow Less
Int Ckg
0.02% $2,500 $24,999 Learn MoreShow Less

Loan Rates - July 12, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Ameriserv Financial Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.950% 2.875% 1.00 $2,438 $1,038 Learn More
Rocket Mortgage
NMLS ID: 3030
3.494% 3.375% 1.00 $3,750 $1,106 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info

Note to Ameriserv Financial Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Ameriserv Financial Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Ameriserv Financial Bank Locations


Financial Details

Ameriserv Financial Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Ameriserv Financial Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Ameriserv Financial Bank U.S. Bank Average
1.23% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Ameriserv Financial Bank had $1,437,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $107,697,000 in equity and $9,334,000 in loans loss reserves. That gives it a Texas Ratio of 1.23%.

Return on Equity
Ameriserv Financial Bank U.S. Bank Average
6% 7.80%

Ameriserv Financial Bank has a Return on Equity of 6% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Ameriserv Financial Bank U.S. Bank Average
9.33% 12.68%

Ameriserv Financial Bank has a Capitalization of 9.33% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Ameriserv Financial Bank Balance Sheet Analysis

As of March 31, 2020, Ameriserv Financial Bank had assets of $1,154,172,000, loans of $868,065,000, and deposits of $957,793,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 19.02 million
Interest-bearing balances $ 2.03 million
Total securities $ 178.37 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 868.07 million
Loan loss allowance $ 9.33 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 11.94 million
All other assets $ 58.46 million
     Total Assets $ 1,046.48 million
LIABILITIES
Total deposits $ 957.79 million
      Interest-bearing deposits $ 811.96 million
      Deposits held in domestic offices $ 957.79 million
      % insured (estimated) 72.46%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 78.56 million
Subordinated debt N.A.
All other liabilities $ 10.12 million
      Total Liabilities $ 1,046.48 million
      Shareholders’ Equity $ 107.70 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 11.88 million
Total Interest Expense $ 2.78 million
Net interest income $ 9.10 million
Provision for loan and lease losses $ 0.18 million
Total non interest income $ 1.46 million
Total non interest expense $ 8.37 million
Pre-tax Net Operating Income $ 2.01 million

Bank Loan Profile?

The top three loan types in Ameriserv Financial Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Pennsylvania, Ameriserv Financial Bank has a significantly higher percent of Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 26.85
Multifamily
Mortgages
6.16
Credit Card Loans 0.00
Consumer Auto Loans 0.14
Small Business Loans 0.00
Construction and Development Loans 5.41
Commercial Real Estate 40.80
Commercial and Industrial Loans 18.15
Farm Loans 0.03

Frequently Asked Questions About Ameriserv Financial Bank

Branches and Savings

Is Ameriserv Financial Bank FDIC insured?

Yes. It is covered under FDIC Certificate #7542.

Why does Ameriserv Financial Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Ameriserv Financial Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Ameriserv Financial Bank a commercial bank?

Yes

Where are Ameriserv Financial Bank locations?

See branch locations nearby.

Is Ameriserv Financial Bank open on Saturdays?

Is Ameriserv Financial Bank open on Sundays?

What time does Ameriserv Financial Bank open?

What time does Ameriserv Financial Bank close?

Are Ameriserv Financial Bank ATMs Open 24/7?

Do Ameriserv Financial Bank ATMs accept cash deposits?

Can Ameriserv Financial Bank customers use other ATMs?

Do Ameriserv Financial Bank branches have notaries?

Will Ameriserv Financial Bank notarize my document?

What address for Ameriserv Financial Bank should I put for incoming ACH transfers?

Will the Ameriserv Financial Bank branch print checks?

Do Ameriserv Financial Bank checks expire?

Does Ameriserv Financial Bank require US citizenship to open account?

Can Ameriserv Financial Bank close my account?

Does Ameriserv Financial Bank Report to credit bureaus?

Does Ameriserv Financial Bank Use Equifax?

What is Ameriserv Financial Bank's ACH Routing Number?

What is Ameriserv Financial Bank's SWIFT code?

Products

Does Ameriserv Financial Bank offer mortgages?

Compare mortgage rates here.

Does Ameriserv Financial Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Ameriserv Financial Bank offer personal loans?

Compare personal loan rates here.

Does Ameriserv Financial Bank offer student loans?

Will Ameriserv Financial Bank cash a check?

Will Ameriserv Financial Bank redeem a savings bond?

Does Ameriserv Financial Bank cash savings bonds?

Will Ameriserv Financial Bank cash money orders?

Can Ameriserv Financial Bank issue a money order?

Does Ameriserv Financial Bank do currency exchange?

Background on The Bank

Who owns Ameriserv Financial Bank?

How long has Ameriserv Financial Bank been around?

Can Ameriserv Financial Bank transfer to other banks?

Does Ameriserv Financial Bank have quick pay?

Does Ameriserv Financial Bank accept rolled coins?

Will Ameriserv Financial Bank accept loose change?

Where is Ameriserv Financial Bank headquarters?

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