secwatch.observer — SEC 8-K summary
======================================

Issuer:     AMERISERV FINANCIAL INC /PA/ (ASRV)
CIK:        0000707605
Form:       8-K
Filed at:   2023-01-24T23:59:59+00:00
Accession:  0001558370-23-000442
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AmeriServ reports FY2022 EPS up 5% to $0.43; Q4 EPS down 49% to $0.06; declares $0.03 dividend
--------------------------------------------------------------------------------

- Full year 2022 net income $7.45M ($0.43 diluted EPS), up 4.9% from $0.41 in 2021.
- Q4 2022 net income $0.95M ($0.06 EPS) vs $1.85M ($0.11 EPS) in Q4 2021, a 48.9% decline.
- Adjusted FY2022 diluted EPS $0.55, up 12% from $0.49; adjusted net income $9.47M.
- Board declared $0.03 per share quarterly dividend, payable Feb 21, 2023 to holders of record Feb 6, 2023.
- Net interest income for FY2022 increased $1.5M (+3.8%); loan loss provision fell to $50K from $1.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/707605/000155837023000442/0001558370-23-000442-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/707605/000155837023000442/tmb-20230124x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-000442

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer