The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AT&T INC COM 00206R102 1,076 26,554 SH   SOLE   26,554 0 0
ALPHABET INC CAP STK CL C 02079K107 286 368 SH   SOLE   368 0 0
ALTRIA GROUP INC COM 02209S103 1,639 25,921 SH   SOLE   25,921 0 0
AMAZON COM INC COM 023135106 527 629 SH   SOLE   629 0 0
AMERISERV FINL INC COM 03074A102 1,466 441,463 SH   SOLE   14,199 0 427,264
AMGEN INC COM 031162100 1,078 6,485 SH   SOLE   6,435 0 50
ANNALY CAP MGMT INC COM 035710409 1,102 104,913 SH   SOLE   104,913 0 0
APPLE INC COM 037833100 738 6,528 SH   SOLE   6,528 0 0
BGC PARTNERS INC CL A 05541T101 88 10,000 SH   SOLE   10,000 0 0
BP PLC SPONSORED ADR 055622104 948 26,968 SH   SOLE   26,968 0 0
BANK NEW YORK MELLON CORP COM 064058100 210 5,277 SH   SOLE   5,277 0 0
BARD C R INC COM 067383109 562 2,507 SH   SOLE   2,507 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 227 1,574 SH   SOLE   1,574 0 0
BLACKROCK TAX MUNICPAL BD TR SHS 09248X100 26,050 1,086,756 SH   SOLE   1,086,756 0 0
BLACKROCK TAX MUNICPAL BD TR SHS 09248X100 859 35,853 SH   OTR   35,438 415 0
BLACKROCK MUNIHLDNGS QLTY II COM 09254C107 901 61,065 SH   SOLE   61,065 0 0
BLACKROCK MUNIYIELD PA QLTY COM 09255G107 1,257 78,521 SH   SOLE   78,521 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 565 10,484 SH   SOLE   10,484 0 0
CARE COM INC COM 141633107 100 10,000 SH   SOLE   10,000 0 0
CELGENE CORP COM 151020104 222 2,126 SH   SOLE   2,126 0 0
CINCINNATI FINL CORP COM 172062101 529 7,021 SH   SOLE   7,021 0 0
CISCO SYS INC COM 17275R102 246 7,813 SH   SOLE   7,813 0 0
CITIGROUP INC COM NEW 172967424 259 5,480 SH   SOLE   5,480 0 0
CLOROX CO DEL COM 189054109 222 1,776 SH   SOLE   1,776 0 0
COCA COLA CO COM 191216100 556 13,152 SH   SOLE   13,152 0 0
DANAHER CORP DEL COM 235851102 681 8,682 SH   SOLE   8,682 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 364 4,546 SH   SOLE   4,546 0 0
EXELON CORP COM 30161N101 407 12,214 SH   SOLE   12,214 0 0
EXXON MOBIL CORP COM 30231G102 588 6,738 SH   SOLE   6,738 0 0
FNB CORP PA COM 302520101 519 42,200 SH   SOLE   42,200 0 0
FACEBOOK INC CL A 30303M102 664 5,173 SH   SOLE   5,098 0 75
FIRST COMWLTH FINL CORP PA COM 319829107 105 10,440 SH   SOLE   10,440 0 0
FISERV INC COM 337738108 220 2,200 SH   SOLE   2,200 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 909 75,300 SH   SOLE   75,300 0 0
FORTIVE CORP COM 34959J108 220 4,328 SH   SOLE   4,328 0 0
FREEPORT-MCMORAN INC CL B 35671D857 362 33,299 SH   SOLE   33,299 0 0
GABELLI EQUITY TR INC COM 362397101 89 15,820 SH   SOLE   15,820 0 0
GABELLI HLTHCARE & WELLNESS SHS 36246K103 325 31,205 SH   SOLE   31,205 0 0
GENERAL ELECTRIC CO COM 369604103 553 18,677 SH   SOLE   18,677 0 0
GENERAL MLS INC COM 370334104 805 12,595 SH   SOLE   12,595 0 0
GILEAD SCIENCES INC COM 375558103 682 8,649 SH   SOLE   8,649 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 299 6,941 SH   SOLE   6,941 0 0
HUDSON TECHNOLOGIES INC COM 444144109 133 20,000 SH   SOLE   20,000 0 0
HUNTINGTON BANCSHARES INC COM 446150104 169 17,154 SH   SOLE   17,154 0 0
ING GROEP N V SPONSORED ADR 456837103 123 10,000 SH   SOLE   10,000 0 0
ISHARES MSCI BRZ CAP ETF 464286400 1,257 37,276 SH   SOLE   37,276 0 0
ISHARES TR 1-3 YR TR BD ETF 464287457 4,679 55,020 SH   SOLE   54,494 0 526
ISHARES TR 1-3 YR TR BD ETF 464287457 214 2,515 SH   OTR   2,515 0 0
ISHARES TR U.S. PFD STK ETF 464288687 737 18,663 SH   SOLE   18,663 0 0
JOHNSON & JOHNSON COM 478160104 1,810 15,382 SH   SOLE   15,382 0 0
LILLY ELI & CO COM 532457108 664 8,276 SH   SOLE   8,276 0 0
LIVE OAK BANCSHARES INC COM 53803X105 1,591 110,344 SH   SOLE   110,344 0 0
MASTERCARD INCORPORATED CL A 57636Q104 303 2,975 SH   SOLE   2,975 0 0
MCDONALDS CORP COM 580135101 427 3,699 SH   SOLE   3,699 0 0
MERCK & CO INC COM 58933Y105 326 5,221 SH   SOLE   5,221 0 0
MICROSOFT CORP COM 594918104 667 11,504 SH   SOLE   11,504 0 0
NIKE INC CL B 654106103 1,126 21,392 SH   SOLE   21,267 0 125
PEPSICO INC COM 713448108 874 8,036 SH   SOLE   8,036 0 0
PFIZER INC COM 717081103 578 17,066 SH   SOLE   17,066 0 0
PHILIP MORRIS INTL INC COM 718172109 390 4,009 SH   SOLE   4,009 0 0
PRICELINE GRP INC COM NEW 741503403 305 207 SH   SOLE   207 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 725 3,354 SH   SOLE   3,354 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,045 4,831 SH   OTR   4,831 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 2,028 16,140 SH   SOLE   16,065 0 75
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 435 11,840 SH   SOLE   11,840 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 227 805 SH   SOLE   805 0 0
SOUTHERN CO COM 842587107 201 3,924 SH   SOLE   3,924 0 0
TRINITY INDS INC COM 896522109 932 38,541 SH   SOLE   38,541 0 0
VANGUARD BD INDEX FD INC INTERMED TERM 921937819 220 2,507 SH   SOLE   2,507 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 4,329 21,791 SH   SOLE   21,764 27 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,074 20,722 SH   SOLE   20,722 0 0
VISA INC COM CL A 92826C839 594 7,188 SH   SOLE   7,188 0 0
VONAGE HLDGS CORP COM 92886T201 66 10,000 SH   SOLE   10,000 0 0
WABTEC CORP COM 929740108 216 2,643 SH   SOLE   2,643 0 0
WAL-MART STORES INC COM 931142103 409 5,675 SH   SOLE   5,600 0 75
MEDTRONIC PLC SHS G5960L103 219 2,532 SH   SOLE   2,532 0 0
CHUBB LIMITED COM H1467J104 428 3,409 SH   SOLE   3,409 0 0