<SEC-DOCUMENT>0000707605-14-000079.txt : 20140718
<SEC-HEADER>0000707605-14-000079.hdr.sgml : 20140718
<ACCEPTANCE-DATETIME>20140718080037
ACCESSION NUMBER:		0000707605-14-000079
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20140718
ITEM INFORMATION:		Other Events
FILED AS OF DATE:		20140718
DATE AS OF CHANGE:		20140718

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:		14981704

	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>div7148k.htm
<DESCRIPTION>PRESS RELEASE ANNOUNCING QUARTERLY COMMON CASH DIVIDEND
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
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<HEAD>
<TITLE>Converted by EDGARwiz</TITLE>
<META NAME="author" CONTENT="Stevens &amp; Lee">
<META NAME="date" CONTENT="07/17/2014">
</HEAD>
<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>July&nbsp;18, 2014</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>
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<P style="margin-top:0px; margin-bottom:-16px; page-break-before:always"><B>Item&nbsp;8.01</B></P>
<P style="margin-top:0px; margin-bottom:13.333px; text-indent:48px"><B>Other Events.</B></P>
<P style="margin-top:0px; margin-bottom:13.333px; text-indent:48px; font-family:inherit">On July&nbsp;18, 2014, <FONT style="font-family:Times New Roman">AmeriServ Financial, Inc. issued a press release announcing that its Board of Directors had declared a cash dividend of $0.01 per share, payable on August 18, 2014 to shareholders of record on August 4, 2014. &nbsp;The press release, attached hereto as Exhibit&nbsp;99.1, is incorporated herein.</FONT></P>
<P style="margin-top:0px; margin-bottom:-16px"><B>Item&nbsp;9.01</B></P>
<P style="margin-top:0px; margin-bottom:13.333px; text-indent:48px"><B>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 July 18,<FONT style="font-family:inherit"> 2014</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; July&nbsp;18, 2014</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>
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<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 July<FONT style="font-family:inherit">&nbsp;18, 2014</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>
<P style="margin:0px; padding-top:4px; border-top:1px solid #7F0000"><BR></P>
<P style="margin:0px"><BR></P>
<A NAME="document_2_html"></A><A NAME="doc_2"></A><A NAME="page_2_1"></A><P style="margin-top:2.667px; margin-bottom:0px" align=center><BR>
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<P style="margin-top:2.667px; margin-bottom:0px; page-break-before:always" align=center><BR></P>
<P style="margin-top:13.333px; margin-bottom:0px; padding-left:32px; padding-right:11.2px"><B>Exhibit 99.1</B></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-left:31.667px; padding-right:11.533px" align=center><B>AMERISERV FINANCIAL, INC. DECLARES QUARTERLY COMMON STOCK CASH DIVIDEND</B></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify><BR></P>
<P style="line-height:17pt; margin:0px; padding-left:48px; padding-right:19.2px; text-indent:48px" align=justify>JOHNSTOWN, PA &#150; AmeriServ Financial, Inc. (NASDAQ: ASRV) announced that its Board of Directors declared a $0.01 per share quarterly common stock cash dividend. &nbsp;The cash dividend is payable August 18, 2014 to shareholders of record on August 4, 2014. &nbsp;This cash dividend represents a 1.2% annualized yield using the July 16, 2014 closing common stock price of $3.42 and represents an approximate payout ratio of 20% based upon the Company&#146;s recently reported second quarter 2014 earnings per share of $0.05. &nbsp;</P>
<P style="margin:0px" align=justify><BR></P>
<P style="line-height:17pt; margin:0px; padding-left:48px; padding-right:19.2px; text-indent:48px" align=justify>AmeriServ Financial, Inc. is the parent of AmeriServ Financial Bank and AmeriServ Trust and Financial Services Company in Johnstown. &nbsp;The Company&#146;s subsidiaries provide full-service banking and trust and wealth management services through seventeen community offices in southwestern Pennsylvania. &nbsp;At June 30, 2014, AmeriServ had total assets of $1.06 billion, a book value of $5.05 per common share and a tangible book value of $4.38 per common share. &nbsp;</P>
<P style="margin-top:5.533px; margin-bottom:5.533px; padding-left:48px; padding-right:19.2px" align=justify><B>Forward-Looking Statements</B> </P>
<P style="margin-top:5.533px; margin-bottom:5.533px; padding-left:48px; padding-right:19.2px" align=justify>This news release contains forward-looking statements as defined in the Securities Exchange Act of 1934 and is subject to the safe harbors created therein. The forward-looking statements contained herein include, but are not limited to, information regarding the AmeriServ's dividend program and future payment obligations. These forward-looking statements involve risks and uncertainties that could cause AmeriServ's results to differ materially from management's current expectations. Such risks and uncertainties are detailed in AmeriServ's filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2013. Forward-looking statements are based on the beliefs and assumptions of AmeriServ's management and on currently available information. The statements in this press release are made as of the date of this press release, even if subsequently made available by AmeriServ on its website or otherwise. AmeriServ undertakes no responsibility to publicly update or revise any forward-looking statement. </P>
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