<SEC-DOCUMENT>0000707605-12-000038.txt : 20120419
<SEC-HEADER>0000707605-12-000038.hdr.sgml : 20120419
<ACCEPTANCE-DATETIME>20120419160118
ACCESSION NUMBER:		0000707605-12-000038
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20120419
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20120419
DATE AS OF CHANGE:		20120419

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERISERV FINANCIAL INC /PA/
		CENTRAL INDEX KEY:			0000707605
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				251424278
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-11204
		FILM NUMBER:		12768511

	BUSINESS ADDRESS:	
		STREET 1:		MAIN & FRANKLIN STS
		STREET 2:		PO BOX 430
		CITY:			JOHNSTOWN
		STATE:			PA
		ZIP:			15907
		BUSINESS PHONE:		8145335300

	MAIL ADDRESS:	
		STREET 1:		MAIN & FRANKLIN STS
		STREET 2:		PO BOX 430
		CITY:			JOHNSTOWN
		STATE:			PA
		ZIP:			15907
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>leh8k.htm
<DESCRIPTION>FORM 8-K APRIL 19, 2012
<TEXT>
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<HEAD>
<TITLE>Converted by EDGARwiz</TITLE>
<META NAME="author" CONTENT="Stevens &amp; Lee">
<META NAME="date" CONTENT="04/19/2012">
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<BODY style="line-height:12pt; font-family:Times New Roman; font-size:10pt; color:#000000">
<DIV style="width:720px"><P style="line-height:20pt; margin:0px; font-size:18pt" align=center><B>UNITED STATES</B></P>
<P style="line-height:20pt; margin:0px; font-size:18pt" align=center><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="margin:0px" align=center><B>Washington, D.C.&nbsp; 20549</B></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="line-height:20pt; margin:0px; font-size:18pt" align=center><B>FORM 8-K</B></P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="line-height:14pt; margin:0px; font-size:12pt" align=center><B>CURRENT REPORT</B></P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="line-height:14pt; margin:0px; font-size:12pt" align=center><B>Pursuant to Section&nbsp;13 or 15(d) of</B></P>
<P style="line-height:14pt; margin:0px; font-size:12pt" align=center><B>The Securities Exchange Act of 1934</B></P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center><B>April&nbsp;19, 2012</B></P>
<P style="margin:0px" align=center>Date of Report (Date of earliest event reported)</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="line-height:20pt; margin:0px; font-size:18pt" align=center><B>AMERISERV FINANCIAL,&nbsp;INC.</B></P>
<P style="margin:0px" align=center>(Exact name of registrant as specified in its charter)</P>
<P style="margin:0px">&nbsp;</P>
<TABLE style="font-size:10pt" cellspacing=0><TR style="font-size:0"><TD width=230.4></TD><TD width=14.4></TD><TD width=230.4></TD><TD width=14.333></TD><TD width=230.467></TD></TR>
<TR><TD valign=top width=230.4><P style="margin:0px" align=center><B>Pennsylvania</B></P>
</TD><TD valign=bottom width=14.4><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=230.4><P style="margin:0px" align=center><B>0-11204</B></P>
</TD><TD valign=bottom width=14.333><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=230.467><P style="margin:0px" align=center><B>25-1424278</B></P>
</TD></TR>
<TR><TD valign=top width=230.4><P style="margin:0px" align=center>(State or other jurisdiction</P>
<P style="margin:0px" align=center>of incorporation)</P>
</TD><TD valign=bottom width=14.4><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=230.4><P style="margin:0px" align=center>(Commission</P>
<P style="margin:0px" align=center>File Number)</P>
</TD><TD valign=bottom width=14.333><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=230.467><P style="margin:0px" align=center>(IRS Employer</P>
<P style="margin:0px" align=center>Ident. No.)</P>
</TD></TR>
<TR><TD valign=top width=230.4><P style="margin:0px" align=center>&nbsp;</P>
</TD><TD valign=bottom width=14.4><P style="margin:0px">&nbsp;</P>
</TD><TD valign=top width=230.4><P style="margin:0px" align=center>&nbsp;</P>
</TD><TD valign=bottom width=14.333><P style="margin:0px">&nbsp;</P>
</TD><TD valign=top width=230.467><P style="margin:0px" align=center>&nbsp;</P>
</TD></TR>
<TR><TD valign=top width=475.2 colspan=3><P style="margin:0px" align=center><B>Main and Franklin Streets, Johnstown, Pennsylvania</B></P>
</TD><TD valign=bottom width=14.333><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=230.467><P style="margin:0px" align=center><B>15901</B></P>
</TD></TR>
<TR><TD valign=top width=475.2 colspan=3><P style="margin:0px" align=center>(Address of principal executive offices)</P>
</TD><TD valign=bottom width=14.333><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=230.467><P style="margin:0px" align=center>(Zip Code)</P>
</TD></TR>
<TR><TD valign=top width=720 colspan=5><P style="margin:0px" align=center>&nbsp;</P>
</TD></TR>
<TR><TD valign=top width=720 colspan=5><P style="margin:0px" align=center><B>(814) 533-5300</B></P>
<P style="margin:0px" align=center>Registrant&#146;s telephone number, including area code</P>
</TD></TR>
<TR><TD valign=top width=720 colspan=5><P style="margin:0px" align=center>&nbsp;</P>
</TD></TR>
<TR><TD valign=top width=720 colspan=5><P style="margin:0px" align=center><B>N/A</B></P>
</TD></TR>
<TR><TD valign=top width=720 colspan=5><P style="margin:0px" align=center>(Former name or former address, if changed since last report.)</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px; font-family:Wingdings">o<FONT style="font-family:Times New Roman"> Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px; font-family:Wingdings">o<FONT style="font-family:Times New Roman"> Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px; font-family:Wingdings">o<FONT style="font-family:Times New Roman"> Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px; font-family:Wingdings">o<FONT style="font-family:Times New Roman"> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4 (c))</FONT></P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-top:4px; border-top:1px solid #7F0000"><BR></P>
<P style="margin:0px"><BR></P>
<A NAME="id_3"></A><A NAME="id_4"></A><P style="margin-top:0px; margin-bottom:2.667px"><BR>
<BR>
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<BR>
<BR>
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<BR>
<BR></P>
<P style="margin-top:0px; margin-bottom:13.333px; page-break-before:always"><B>Item&nbsp;8.01 &nbsp;&nbsp;&nbsp;&nbsp;Other Events.</B></P>
<P style="margin-top:0px; margin-bottom:13.333px; text-indent:48px; font-family:inherit">On April&nbsp;19, 2012, <FONT style="font-family:Times New Roman">AmeriServ Financial, Inc. (the &#8220;Company&#8221;) </FONT>announced that its Board of Directors approved an increase in the size of its previously announced stock repurchase program to permit the repurchase of an additional 5% or approximately 1,007,000&nbsp;shares of its common stock outstanding. &nbsp;The Company also announced the repurchase of 1,045,000&nbsp;shares of its common stock at $2.47&nbsp;per share. &nbsp;The repurchase program and the repurchase are announced in a press release which is attached hereto as Exhibit&nbsp;99.1.</P>
<P style="margin-top:0px; margin-bottom:13.333px"><B>Item&nbsp;9.01 &nbsp;&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits.</B></P>
<P style="margin-top:0px; margin-bottom:-16px">(d)</P>
<P style="margin:0px; text-indent:48px">Exhibits:</P>
<P style="margin:0px">&nbsp;</P>
<P style="margin-top:0px; margin-bottom:-16px; padding-left:48px; text-indent:-48px">99.1</P>
<P style="margin:0px; padding-left:48px">Press release, dated <FONT style="font-family:inherit">April&nbsp;19, 2012</FONT>, of AmeriServ Financial, Inc. </P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=center>&nbsp;<A NAME="id_7"></A><A NAME="id_8"></A></P>
<P style="margin:0px" align=center><U>SIGNATURES</U></P>
<P style="margin:0px">&nbsp;</P>
<P style="margin:0px; text-indent:48px">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>
<P style="margin:0px">&nbsp;</P>
<TABLE style="font-size:10pt" cellspacing=0><TR style="font-size:0"><TD width=426.2></TD><TD width=34.467></TD><TD width=11.6></TD><TD width=197.133></TD><TD width=50.533></TD></TR>
<TR><TD valign=top width=426.2><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=293.733 colspan=4><P style="margin:0px">AMERISERV FINANCIAL, INC.</P>
</TD></TR>
<TR><TD valign=top width=426.2><P style="margin:0px">&nbsp;</P>
</TD><TD valign=top width=34.467><P style="margin:0px">&nbsp;</P>
</TD><TD valign=top width=259.267 colspan=3><P style="margin:0px">&nbsp;</P>
</TD></TR>
<TR><TD valign=top width=426.2><P style="margin:0px; font-size:1pt">&nbsp;<FONT style="font-size:10pt">Dated:&nbsp; April&nbsp;19, 2012</FONT></P>
</TD><TD valign=top width=34.467><P style="margin:0px">By:</P>
</TD><TD style="border-bottom:1px solid #000000" valign=top width=208.733 colspan=2><P style="margin:0px">/s/ &nbsp;Jeffrey A. Stopko</P>
</TD><TD valign=top width=50.533><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD></TR>
<TR><TD valign=top width=426.2><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=34.467><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=11.6><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=247.667 colspan=2><P style="margin:0px">Jeffrey A. Stopko</P>
</TD></TR>
<TR><TD valign=top width=426.2><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=34.467><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=11.6><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD valign=top width=247.667 colspan=2><P style="margin:0px">Executive Vice President and<BR>
Chief Financial Officer</P>
</TD></TR>
<TR><TD width=426.2><P style="margin:0px; font-size:8pt">&nbsp;</P>
</TD><TD width=34.467><P style="margin:0px; font-size:8pt">&nbsp;</P>
</TD><TD width=11.6><P style="margin:0px; font-size:8pt">&nbsp;</P>
</TD><TD width=197.133><P style="margin:0px; font-size:8pt">&nbsp;</P>
</TD><TD width=50.533><P style="margin:0px; font-size:8pt">&nbsp;</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR>
<BR>
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<BR>
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<BR>
<BR>
<BR></P>
<P style="margin:0px; page-break-before:always"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=center>&nbsp;<A NAME="id_9"></A><A NAME="id_10"></A></P>
<P style="margin:0px" align=center>EXHIBIT INDEX</P>
<P style="margin:0px">&nbsp;</P>
<TABLE style="font-size:10pt" cellspacing=0><TR style="font-size:0"><TD width=100.733></TD><TD width=14.4></TD><TD width=597.533></TD></TR>
<TR><TD style="border-bottom:1px solid #000000" valign=top width=100.733><P style="margin:0px" align=center>Exhibit Number</P>
</TD><TD valign=bottom width=14.4><P style="margin:0px; font-size:1pt">&nbsp;</P>
</TD><TD style="border-bottom:1px solid #000000" valign=top width=597.533><P style="margin:0px" align=center>Description</P>
</TD></TR>
<TR><TD valign=top width=100.733><P style="margin:0px">&nbsp;</P>
</TD><TD valign=bottom width=14.4><P style="margin:0px">&nbsp;</P>
</TD><TD valign=top width=597.533><P style="margin:0px">&nbsp;</P>
</TD></TR>
<TR><TD valign=top width=100.733><P style="margin:0px" align=center>99.1</P>
</TD><TD valign=bottom width=14.4><P>&nbsp;</P></TD><TD valign=top width=597.533><P style="margin:0px">Press release, dated <FONT style="font-family:inherit">April&nbsp;19, 2012</FONT>, of AmeriServ Financial, Inc.</P>
</TD></TR>
<TR><TD valign=top width=100.733><P>&nbsp;</P></TD><TD valign=bottom width=14.4><P>&nbsp;</P></TD><TD valign=top width=597.533><P>&nbsp;</P></TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px"><BR></P>
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<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>leh99.htm
<DESCRIPTION>PRESS RELEASE ANNOUNCING INCREASED COMMON STOCK REPURCHASE PROGRAM
<TEXT>
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<DIV style="width:624px"><P style="line-height:15.8pt; margin-top:0px; margin-bottom:13.333px; font-family:Arial; font-size:12pt">Exhibit 99.1</P>
<P style="margin-top:0px; margin-bottom:12.2px" align=center><BR></P>
<P style="line-height:20.4pt; margin-top:0px; margin-bottom:17.8px; font-family:Arial; font-size:16pt" align=center>AMERISERV FINANCIAL ANNOUNCES INCREASED COMMON STOCK REPURCHASE PROGRAM</P>
<P style="margin-top:0px; margin-bottom:12.2px"><BR></P>
<P style="line-height:15.8pt; margin-top:0px; margin-bottom:13.333px; text-indent:48px; font-family:Arial; font-size:12pt" align=justify>JOHNSTOWN, PA - AmeriServ Financial, Inc. (NASDAQ: ASRV) announced today that its Board of Directors approved an increase in the size of its previously announced common stock repurchase program. &nbsp;The Company can now repurchase an additional 5% or approximately 1,007,000 shares of its outstanding common stock. &nbsp;The shares may be purchased in open market, negotiated, or block transactions. &nbsp;This common stock repurchase program does not obligate the Company to acquire any specific number of shares and may be suspended or discontinued at any time. &nbsp;</P>
<P style="line-height:15.8pt; margin-top:0px; margin-bottom:13.333px; text-indent:48px; font-family:Arial; font-size:12pt" align=justify>As part of this expanded common stock buyback program, the Company also announced that it had reached an agreement to repurchase a large block of 1,045,000 shares of its common stock at $2.47 per share for $2,581,000 in the aggregate from an institutional shareholder. &nbsp;This transaction is expected to be completed on April 20, 2012. &nbsp;The Company expects that this transaction will have an accretive impact on both book value and tangible book value per share which were $4.46 and $3.84, respectively, at March 31, 2012.</P>
<P style="line-height:15.8pt; margin-top:0px; margin-bottom:13.333px; text-indent:48px; font-family:Arial; font-size:12pt" align=justify>This news release may contain forward-looking statements that involve risks and uncertainties, as defined in the Private Securities Litigation Reform Act of 1995, including the risks detailed in the Company's Annual Report and Form 10-K to the Securities and Exchange Commission. &nbsp;Actual results may differ materially</P>
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