Onorato Daniel A. reported acquisition or exercise transactions in this Form 4 filing.
AmeriServ Financial director Daniel A. Onorato received a stock grant as part of his board compensation. Onorato was awarded 7,250 shares of AmeriServ common stock at a value of $3.793 per share, reflecting an annual retainer of $27,500 paid in stock. After this award, he holds 65,334 shares directly.
PASQUERILLA MARK E reported acquisition or exercise transactions in this Form 4 filing.
AmeriServ Financial director Mark E. Pasquerilla received 7,250 shares of common stock as a grant on June 2, 2026. The shares were valued at $3.793 per share and represent an annual retainer of $27,500 payable in stock to independent directors.
After this award, Pasquerilla directly holds 110,709 shares of AmeriServ common stock. He also has indirect holdings reported as 125,500 shares through Marenrico Partnership and 287,150 shares through Pasquerilla Enterprises, reflecting additional ownership held via affiliated entities.
AMERISERV FINANCIAL INC director Daniel A. Onorato acquired 434 shares of common stock on dividend reinvestment at a price of $3.9235 per share. After this automatic acquisition, he directly holds 58,084 common shares in total.
AmeriServ Financial director Kim W. Kunkle reported routine acquisitions of AmeriServ common stock through dividend reinvestment. On May 18, 2026, a total of 1,295 shares were acquired at $3.9235 per share under a dividend reinvestment plan, rather than open-market purchases.
Following these transactions, Kunkle directly holds 181,302 shares of AmeriServ common stock. An additional 67,390 shares are reported as held indirectly through Laurel Holdings, Inc. This filing reflects small, automatic increases in ownership rather than discretionary buying or selling.
AMERISERV FINANCIAL INC director David J. Hickton reported acquiring additional common shares through dividend reinvestment. On May 18, 2026, he received 196 shares of common stock at an average price of $3.9235 per share. Following this automatic reinvestment, he directly owns 26,359 common shares of the company.
AmeriServ Financial director Richard W. Bloomingdale increased his holdings through a small stock grant. On May 18, 2026, he acquired 222 shares of Common Stock at an indicated price of $3.9235 per share, described as shares acquired through dividend reinvestment. After this routine transaction, he directly owns 32,120 Common shares.
AmeriServ Financial Inc. reported a small insider acquisition by an executive. David A. Finui, President of ASRV Wealth & Capital Management, acquired 9 shares of common stock on May 18, 2026 through dividend reinvestment at $3.9235 per share. Following this transaction, he directly owns 2,243 common shares.
AmeriServ Financial, Inc. reports the retirement of senior executive Michael Lynch and related leadership restructuring. Lynch, formerly Executive Vice President of the Company and AmeriServ Financial Bank, retired on May 18, 2026 after a long career, having served as CFO, Chief Risk Officer and Chief Investment Officer.
On May 22, 2026, the Company elected to restructure his former combined role following his resignation. AmeriServ notes that its ability to generate meaningful cost savings from these management changes may affect future results and characterizes related comments as forward-looking statements subject to the usual risks and uncertainties.
AmeriServ Financial, Inc. reported steady first-quarter 2026 results with modest balance sheet growth. Total assets reached $1.47 billion, and loans were $1.03 billion, while deposits rose to $1.27 billion.
For the three months ended March 31, 2026, net interest income increased to $10.8 million from $9.9 million, supported by lower funding costs, but net income edged down to $1.8 million versus $1.9 million a year earlier. Diluted earnings per share were $0.11, compared with $0.12 in 2025, as a higher credit loss provision and lower non-interest income offset the stronger core spread revenue.
Asset quality remained controlled. The allowance for credit losses on loans stood at $13.2 million, or 1.28% of total loans, covering 165% of non-performing loans. Non-performing assets from the loan portfolio were $8.2 million, equal to 0.80% of total loans. Investment securities totaled about $274 million across available-for-sale and held-to-maturity portfolios, with interest-rate driven unrealized losses but limited credit reserves, including a specific $34,000 allowance on one impaired corporate bond.
AmeriServ Financial President & CEO Jeffrey A. Stopko reported an open-market purchase of 3,000 shares of AmeriServ Financial common stock at $3.85 per share on May 5, 2026. The shares were purchased through a 401(k) plan.
Following this transaction, he directly owns 169,379 shares of AmeriServ Financial. A footnote also notes that 54,752 shares are held jointly with his wife, reflecting additional aligned ownership beyond his direct holdings.