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Ticker:ASRV
Company Name: AmeriServ Financial Inc.

Business Overview from 10-K filing for AmeriServ Financial Inc.:

AmeriServ Financial, Inc. (the Company) is a bank holding company, organized under the Pennsylvania Business Corporation Law. The Company became a holding company upon acquiring all of the outstanding shares of AmeriServ Financial Bank (the Bank) on January 5, 1983. The Company's other wholly owned subsidiaries include AmeriServ Trust and Financial Services Company (the Trust Company) formed in October 1992, AmeriServ Life Insurance Company (AmeriServ Life) formed in October 1987, and AmeriServ Associates, Inc. (AmeriServ Associates), formed in January 1997. The Company's principal activities consist of owning and operating its four wholly owned subsidiary entities. At December 31, 2004, the Company had, on a consolidated basis, total assets, deposits, and shareholders' equity of $1.0 billion, $644 million and $85 million, respectively. The Company and the subsidiary entities derive substantially all of their income from banking and bank-related services.     

View the full ASRV chart at Wikinvest

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