{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-000427","form_type":"8-K","ticker":"ASRV","cik":"0000707605","company_name":"AMERISERV FINANCIAL INC /PA/","filed_at":"2024-01-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.711544+00:00","generated_at":"2026-06-06T20:17:38.117216+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"AmeriServ Q4 net loss $5.3M ($0.31); provision $6M on Rite Aid; FY loss $3.3M","bullets":["Q4 net loss $5.321M ($0.31 per diluted share) vs Q4 2022 net income $947K ($0.06).","Full year 2023 net loss $3.346M ($0.20) vs net income $7.448M ($0.43) in 2022.","Provision for credit losses surged to $6.0M in Q4 from $275K a year ago; Rite Aid bankruptcy caused ~$2.8M charge-offs on CRE loans.","Recognized $922K loss on sale of $16.8M AFS securities (avg yield 3.1%) to reinvest at 5.2%; expects $325K extra interest income in 2024.","Board declared $0.03 quarterly dividend (3.87% annualized yield), payable Feb 20 to holders of record Feb 5."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-000427","json":"https://secwatch.observer/filing/0001558370-24-000427.json","markdown":"https://secwatch.observer/filing/0001558370-24-000427.md","text":"https://secwatch.observer/filing/0001558370-24-000427.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/707605/000155837024000427/0001558370-24-000427-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/707605/000155837024000427/tmb-20240123x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T20:17:38.117216+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":"7a62edbd19fd16aa21558964b6f50e49bd143382","claim":"AMERISERV FINANCIAL INC /PA/ reported full year 2023 results: net income $(3,346,000), EPS $(0.20).","evidence_excerpt":"For the year ended December 31, 2023, the Company reported a net loss of $3,346,000, or $0.20 per diluted common share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/707605/000155837024000427/0001558370-24-000427-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2023"},{"label":"Net income","value":"$(3,346,000)"},{"label":"EPS","value":"$(0.20)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"811752452436ea7538f2bd3e57030e9c5d459f09","claim":"AMERISERV FINANCIAL INC /PA/ reported full year 2022 results: net income $7,448,000, EPS $0.43.","evidence_excerpt":"This compares to net income of $7,448,000, or $0.43 per diluted common share, for the full year of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/707605/000155837024000427/0001558370-24-000427-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2022"},{"label":"Net income","value":"$7,448,000"},{"label":"EPS","value":"$0.43"},{"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"}