-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, U7qPZOcPadXArwV4uQzeTorIQt2g0Q19RoWQee90eSVO53XxTGLvsHq+kYRuvFgQ TuAasu2EvNQ31Dh7gplivA== 0000882377-04-002615.txt : 20041215 0000882377-04-002615.hdr.sgml : 20041215 20041215114559 ACCESSION NUMBER: 0000882377-04-002615 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20041215 DATE AS OF CHANGE: 20041215 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FINANCIAL STOCKS CAPITAL PARTNERS III LP CENTRAL INDEX KEY: 0001267899 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 507 CAREW TOWER VINE STREET CITY: CINCINNATI STATE: OH ZIP: 45202 BUSINESS PHONE: 513-241-6166 SUBJECT COMPANY: 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: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-39599 FILM NUMBER: 041203776 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 SC 13G/A 1 d292371.txt FINANCIAL STOCKS CAPITAL PARTNERS III LP SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934* (Amendment No. 1) AmeriServ Financial, Inc. (Name of Issuer) Common Stock, par value $2.50 per share (Title of Class of Securities) 03074A102 (CUSIP Number) December 13, 2004 (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which the Schedule is filed: |_| Rule 13d-1(b) |X| Rule 13d-1(c) |_| Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
- ---------------------------------------- --------------------------------------- CUSIP No. 03074A102 13G Page 2 of 10 Pages - ---------------------------------------- --------------------------------------- - -------- ------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON SS. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Voluntary) Financial Stocks Capital Partners III L.P. - -------- ------------------------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------- ------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - -------- ------------------------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------- ---------- --------------------------------------- ---------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY OWNED BY EACH REPORTING PERSON - ------------------------- ---------- --------------------------------------- ---------------------------------------- 6 SHARED VOTING POWER 1,950,000 - ------------------------- ---------- --------------------------------------- ---------------------------------------- 7 SOLE DISPOSITIVE POWER 0 - ------------------------- ---------- --------------------------------------- ---------------------------------------- 8 SHARED DISPOSITIVE POWER 1,950,000 - ------------------------- ---------- --------------------------------------- ---------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,950,000 - -------- ------------------------------------------------------------------------------------------------------------ 10 CHECK IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* |_| - -------- ------------------------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 9.9% of 19,713,215 shares of Common Stock outstanding as of December 13, 2004. - -------- ------------------------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* PN - -------- ------------------------------------------------------------------------------------------------------------
- ---------------------------------------- --------------------------------------- CUSIP No. 03074A102 13G Page 3 of 10 Pages - ---------------------------------------- --------------------------------------- - -------- ------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON SS. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Voluntary) Finstocks Capital Management, LLC - -------- ------------------------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------- ------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - -------- ------------------------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------- ------------------------------------------------------------------------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY OWNED BY EACH REPORTING PERSON - ------------------------- ---------- --------------------------------------- ---------------------------------------- 6 SHARED VOTING POWER 1,950,000 - ------------------------- ---------- --------------------------------------- ---------------------------------------- 7 SOLE DISPOSITIVE POWER 0 - ------------------------- ---------- --------------------------------------- ---------------------------------------- 8 SHARED DISPOSITIVE POWER 1,950,000 - ------------------------- ---------- --------------------------------------- ---------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,950,000 - -------- ------------------------------------------------------------------------------------------------------------ 10 CHECK IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* |_| - -------- ------------------------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 9.9% of 19,713,215 shares of Common Stock outstanding as of December 13, 2004. - -------- ------------------------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* OO - -------- ------------------------------------------------------------------------------------------------------------
- ---------------------------------------- --------------------------------------- CUSIP No. 03074A102 13G Page 4 of 10 Pages - ---------------------------------------- --------------------------------------- - -------- ------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON SS. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Voluntary) Elbrook Holdings, LLC - -------- ------------------------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------- ------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - -------- ------------------------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------- ------------------------------------------------------------------------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY OWNED BY EACH REPORTING PERSON - ------------------------- ---------- --------------------------------------- ---------------------------------------- 6 SHARED VOTING POWER 1,950,000 - ------------------------- ---------- --------------------------------------- ---------------------------------------- 7 SOLE DISPOSITIVE POWER 0 - ------------------------- ---------- --------------------------------------- ---------------------------------------- 8 SHARED DISPOSITIVE POWER 1,950,000 - -------- ------------------------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,950,000 - -------- ------------------------------------------------------------------------------------------------------------ 10 CHECK IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* |_| - -------- ------------------------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 9.9% of 19,713,215 shares of Common Stock outstanding as of December 13, 2004. - -------- ------------------------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* OO - -------- ------------------------------------------------------------------------------------------------------------
- ---------------------------------------- --------------------------------------- CUSIP No. 03074A102 13G Page 5 of 10 Pages - ---------------------------------------- --------------------------------------- - -------- ------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON SS. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Voluntary) Steven N. Stein - -------- ------------------------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------- ------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - -------- ------------------------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - ------------------------- ---------- --------------------------------------- ---------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY OWNED BY EACH REPORTING PERSON - ------------------------- ---------- --------------------------------------- ---------------------------------------- 6 SHARED VOTING POWER 1,950,000 - ------------------------- ---------- --------------------------------------- ---------------------------------------- 7 SOLE DISPOSITIVE POWER 0 - ------------------------- ---------- --------------------------------------- ---------------------------------------- 8 SHARED DISPOSITIVE POWER 1,950,000 - -------- ------------------------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,950,000 - -------- ------------------------------------------------------------------------------------------------------------ 10 CHECK IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* |_| - -------- ------------------------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 9.9% of 19,713,215 shares of Common Stock outstanding as of December 13, 2004. - -------- ------------------------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* IN - -------- ------------------------------------------------------------------------------------------------------------
- ---------------------------------------- --------------------------------------- CUSIP No. 03074A102 13G Page 6 of 10 Pages - ---------------------------------------- --------------------------------------- - -------- ------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON SS. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Voluntary) John M. Stein - -------- ------------------------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------- ------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - -------- ------------------------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - ------------------------- ---------- --------------------------------------- ---------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY OWNED BY EACH REPORTING PERSON - ------------------------- ---------- --------------------------------------- ---------------------------------------- 6 SHARED VOTING POWER 1,950,000 - ------------------------- ---------- --------------------------------------- ---------------------------------------- 7 SOLE DISPOSITIVE POWER 0 - ------------------------- ---------- --------------------------------------- ---------------------------------------- 8 SHARED DISPOSITIVE POWER 1,950,000 - ------------------------- ---------- --------------------------------------- ---------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,950,000 - -------- ------------------------------------------------------------------------------------------------------------ 10 CHECK IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* |_| - -------- ------------------------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 9.9% of 19,713,215 shares of Common Stock outstanding as of December 13, 2004. - -------- ------------------------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* IN - -------- ------------------------------------------------------------------------------------------------------------
- ---------------------------------------- --------------------------------------- CUSIP No. 03074A102 13G Page 7 of 10 Pages - ---------------------------------------- --------------------------------------- - --------------------------------------------------------------------------------------------------------------------- ITEM 1(A). NAME OF ISSUER - --------------------------------------------------------------------------------------------------------------------- AmeriServ Financial, Inc. - --------------------------------------------------------------------------------------------------------------------- ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICE - --------------------------------------------------------------------------------------------------------------------- Main and Franklin Streets, P.O. Box 430, Johnstown, Pennsylvania 15907-0430 - --------------------------------------------------------------------------------------------------------------------- ITEM 2(A). NAME OF PERSON FILING - --------------------------------------------------------------------------------------------------------------------- Financial Stocks Capital Partners III L.P.; Finstocks Capital Management, LLC; Elbrook Holdings, LLC; Steven N. Stein; John M. Stein - --------------------------------------------------------------------------------------------------------------------- ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE - --------------------------------------------------------------------------------------------------------------------- 507 Carew Tower, 441 Vine Street, Cincinnati, Ohio 45202 - --------------------------------------------------------------------------------------------------------------------- ITEM 2(C). CITIZENSHIP - --------------------------------------------------------------------------------------------------------------------- Delaware; Delaware; Delaware; United States of America; United States of America - --------------------------------------------------------------------------------------------------------------------- ITEM 2(D). TITLE OF CLASS OF SECURITIES - --------------------------------------------------------------------------------------------------------------------- Common stock, par value $2.50 per share - --------------------------------------------------------------------------------------------------------------------- ITEM 2(E). CUSIP NUMBER - --------------------------------------------------------------------------------------------------------------------- 03074A102 - ---------------------------------------------------------------------------------------------------------------------
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.SS.240.13D-1(B) OR 240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A: Not Applicable. ITEM 4. OWNERSHIP (a) Amount beneficially owned..................... 1,950,000 (b) Percent of class.............................. 9.9% 1 (c) Number of shares as to which such person has:.............................. (i) Sole power to vote or to direct the vote.. 0 (ii) Shared power to vote or to direct the vote 1,950,000 (iii) Sole power to dispose or to direct disposition of............................ 0 (iv) Shared power to dispose or to direct disposition of............................ 1,950,000 - ---------- 1 Based on 19,713,215 shares of common stock outstanding as of December 13, 2004.
- ---------------------------------------- --------------------------------------- CUSIP No. 03074A102 13G Page 8 of 10 Pages - ---------------------------------------- ---------------------------------------
Financial Stocks Capital Partners III L.P. is the record owner of the shares of the security being reported. Finstocks Capital Management, LLC is the general partner of Financial Stocks Capital Partners III L.P. Finstocks Capital Management, LLC is controlled by Elbrook Holdings, LLC, which is in turn controlled by Steven N. Stein and John M. Stein. Therefore, Finstocks Capital Management, LLC, Elbrook Holdings, LLC, Steven N. Stein and John M. Stein indirectly have the power to vote and dispose of the shares being reported, and, accordingly, may be deemed the beneficial owners of such shares. The foregoing should not be construed in and of itself as an admission by Finstocks Capital Management, LLC, Elbrook Holdings, LLC, Steven N. Stein or John M. Stein as to the beneficial ownership of the shares owned by Financial Stocks Capital Partners III L.P. A Joint Filing Agreement is attached hereto as Exhibit 1. ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS Not Applicable. ITEM 6. OWNERSHIP OF FIVE PERCENT ON BEHALF OF ANOTHER PERSON Not Applicable. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY Not Applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP Not Applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP Not Applicable.
- ---------------------------------------- --------------------------------------- CUSIP No. 03074A102 13G Page 9 of 10 Pages - ---------------------------------------- ---------------------------------------
ITEM 10. CERTIFICATION By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: December 13, 2004 FINANCIAL STOCKS CAPITAL PARTNERS III L.P. By: Finstocks Capital Management, LLC ----------------------------------------- General Partner By: Elbrook Holdings, LLC ------------------------------------ Managing Member By: /s/ John M. Stein ------------------------------- John M. Stein Managing Member FINSTOCKS CAPITAL MANAGEMENT, LLC By: Elbrook Holdings, LLC ---------------------------------------- Managing Member By: /s/ John M. Stein ------------------------------------ John M. Stein Managing Member ELBROOK HOLDINGS, LLC By: /s/ John M. Stein ---------------------------------------- John M. Stein Managing Member /s/ Steven N. Stein -------------------------------------------------- STEVEN N. STEIN /s/ John M. Stein -------------------------------------------------- JOHN M. STEIN
- ---------------------------------------- --------------------------------------- CUSIP No. 03074A102 13G Page 10 of 10 Pages - ---------------------------------------- ---------------------------------------
EXHIBIT 1 JOINT FILING AGREEMENT Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree that the Schedule 13G to which this Joint Filing Agreement is being filed as an exhibit shall be a joint statement filed on behalf of each of the undersigned. Dated: December 13, 2004 FINANCIAL STOCKS CAPITAL PARTNERS III L.P. By: Finstocks Capital Management, LLC ---------------------------------------- General Partner By: Elbrook Holdings, LLC ------------------------------------ Managing Member By: /s/ John M. Stein ------------------------------ John M. Stein Managing Member FINSTOCKS CAPITAL MANAGEMENT, LLC By: Elbrook Holdings, LLC ---------------------------------------- Managing Member By: /s/ John M. Stein ------------------------------------ John M. Stein Managing Member ELBROOK HOLDINGS, LLC By: /s/ John M. Stein ---------------------------------------- John M. Stein Managing Member /s/ Steven N. Stein -------------------------------------------------- STEVEN N. STEIN /s/ John M. Stein -------------------------------------------------- JOHN M. STEIN -----END PRIVACY-ENHANCED MESSAGE-----