XML 86 R19.htm IDEA: XBRL DOCUMENT v2.4.0.8
Regulatory Capital
 9 Months Ended
Sep. 30, 2013
Regulatory Capital [Abstract]  
Regulatory Capital

13. Regulatory Capital

The Company is subject to various capital requirements administered by the federal banking agencies. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company must meet specific capital guidelines that involve quantitative measures of the Company's assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The Company's capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company's consolidated financial statements.

Quantitative measures established by regulation to ensure capital adequacy require the Company to maintain minimum amounts and ratios (set forth in the table below) of total and Tier 1 capital to risk-weighted assets, and of Tier 1 capital to average assets. As of September 30, 2013, the Federal Reserve categorized the Company as Well Capitalized under the regulatory framework for prompt corrective action. The Company believes that no conditions or events have occurred that would change this conclusion. To be categorized as well capitalized, the Company must maintain minimum total risk-based, Tier 1 risk-based, and Tier 1 leverage ratios as set forth in the table. Additionally, while not a regulatory capital ratio, the Company's tangible common equity ratio was 7.48% at September 30, 2013 (in thousands, except ratios).

                         
    At September 30, 2013
     Actual   For Capital
Adequacy
Purposes		   To Be Well
Capitalized Under Prompt Corrective Action Provisions
     Amount   Ratio   Amount   Ratio   Amount   Ratio
Total Capital (To Risk Weighted Assets) Consolidated   $ 126,358       15.35 %    $ 65,841       8.00 %    $ 82,301       10.00 % 
AmeriServ Financial Bank     101,907       12.52       65,139       8.00       81,424       10.00  
Tier 1 Capital (To Risk Weighted Assets) Consolidated     116,050       14.10       32,921       4.00       49,381       6.00  
AmeriServ Financial Bank     91,708       11.26       32,570       4.00       48,854       6.00  
Tier 1 Capital (To Average Assets)
Consolidated		     116,050       11.44       40,571       4.00       50,714       5.00  
AmeriServ Financial Bank     91,708       9.28       39,524       4.00       49,405       5.00  
                         
    At December 31, 2012
     Actual   For Capital
Adequacy
Purposes		   To Be Well
Capitalized Under Prompt Corrective Action Provisions
     Amount   Ratio   Amount   Ratio   Amount   Ratio
Total Capital (To Risk Weighted Assets) Consolidated   $ 122,583       15.92 %    $ 61,588       8.00 %    $ 76,985       10.00 % 
AmeriServ Financial Bank     101,786       13.34       61,060       8.00       76,325       10.00  
Tier 1 Capital (To Risk Weighted Assets) Consolidated     112,916       14.67       30,794       4.00       46,191       6.00  
AmeriServ Financial Bank     92,200       12.08       30,530       4.00       45,795       6.00  
Tier 1 Capital (To Average Assets)
Consolidated		     112,916       11.44       39,474       4.00       49,343       5.00  
AmeriServ Financial Bank     92,200       9.55       38,616       4.00       48,269       5.00  

On July 2, 2013, the Board of Governors of the Federal Reserve System approved final rules that substantially amend the regulatory risk-based capital rules applicable to the Company and the Bank. The final rules implement the "Basel III" regulatory capital reforms, as well as certain changes required by the Dodd-Frank Act, which will require institutions to, among other things, have more capital and a higher quality of capital by increasing the minimum regulatory capital ratios, and requiring capital buffers. The new rules become effective for the Company on January 1, 2015, with an implementation period that stretches to 2019. See further discussion under Capital Resources in the MD&A.