{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-011946","form_type":"8-K","ticker":"ASRV","cik":"0000707605","company_name":"AMERISERV FINANCIAL INC /PA/","filed_at":"2023-07-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.452184+00:00","generated_at":"2026-06-13T07:19:50.769116+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"AmeriServ Financial reports Q2 2023 net loss of $187K on activist costs; EPS -$0.01 vs +$0.12 YoY","bullets":["Net loss $187K ($0.01 diluted EPS) in Q2 2023 vs net income $1.981M ($0.12) in Q2 2022; H1 net income $1.328M ($0.08) down 69.2% YoY.","Legal/professional fees from activist proxy contest totaled $1.1M in Q2 and $1.7M in H1; Board slate elected, costs expected to decline.","Net interest margin compressed to 2.89% in Q2 from 3.23% a year ago; deposit costs rose 131 bps to 1.61% in H1.","Sold Visa Class B shares for $1.7M gain, boosting non-interest income; also recorded $926K loss on Signature Bank sub debt investment.","Non-performing assets well-controlled at 0.57% of loans; allowance for credit losses covers 216% of NPAs."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-011946","json":"https://secwatch.observer/filing/0001558370-23-011946.json","markdown":"https://secwatch.observer/filing/0001558370-23-011946.md","text":"https://secwatch.observer/filing/0001558370-23-011946.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/707605/000155837023011946/0001558370-23-011946-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/707605/000155837023011946/tmb-20230718x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T07:19:50.769116+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3b7dde7e0fda5c7048d8b3a9ce911e0237649792","claim":"AMERISERV FINANCIAL INC /PA/ reported First six months of 2023 results: net income 1,328,000, EPS 0.08.","evidence_excerpt":"For the six-month period ended June 30, 2023, the Company reported net income of $1,328,000, or $0.08 per diluted common share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/707605/000155837023011946/0001558370-23-011946-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"First six months of 2023"},{"label":"Net income","value":"1,328,000"},{"label":"EPS","value":"0.08"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}