-----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, ArarCapvbRKympZFrK9YTKcOB1TSebNpMsS0VyvyFE5nceeKjF5MkkDD+R9Wpl66 +bS8pSXrPTYHhl4TqXIVXw== 0000707605-08-000209.txt : 20081031 0000707605-08-000209.hdr.sgml : 20081031 20081031084057 ACCESSION NUMBER: 0000707605-08-000209 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20081031 ITEM INFORMATION: Other Events FILED AS OF DATE: 20081031 DATE AS OF CHANGE: 20081031 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: 081152640 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 8-K 1 div8k.htm PRESS RELEASE SECURITIES AND EXCHANGE COMMISSION



SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549


Form 8-K


Current Report

Pursuant to Section 13 or 15(d) of the Securities Act of 1934


Date of Report (Date of earliest event reported) October 31, 2008


AMERISERV FINANCIAL, Inc.

(exact name of registrant as specified in its charter)


Pennsylvania        0-11204        25-1424278

(State or other     (commission    (I.R.S. Employer

jurisdiction        File Number)   Identification No.)

of Incorporation)


Main and Franklin Streets, Johnstown, Pa.  15901

(address or principal executive offices)   (Zip Code)


Registrant's telephone number, including area code: 814-533-5300


N/A

(Former name or former address, if changed since last report.)


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:


( ) Written communications pursuant to Rule 425 under the Securities

Act (17 CFR 230.425)


( ) Soliciting material pursuant to Rule 14a-12 under the Exchange

Act (17 CFR 240.14a-12)


( ) Pre-commencement communications pursuant to Rule 14d-2(b) under the

Exchange Act (17 CFR 240.14d-2(b))


( ) Pre-commencement communications pursuant to Rule 13e-4(c) under the

Exchange Act (17 CFR 240.13e-4c))











Form 8-K


Item 8.01 Other Events


The Board of Directors of AmeriServ Financial, Inc. declared a $0.025 per share common stock cash dividend at a meeting held October 30, 2008.  The cash dividend is payable November 24, 2008 to shareholders of record on November 13, 2008.  A copy of the press release is attached.


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.



AMERISERV FINANCIAL, Inc.


By /s/Jeffrey A. Stopko

Jeffrey A. Stopko

Senior Vice President

& CFO


Date: October 31, 2008


Exhibit 99.1


AMERISERV FINANCIAL, INC. DECLARES QUARTERLY

COMMON STOCK CASH DIVIDEND



JOHNSTOWN, PA – AmeriServ Financial, Inc. (NASDAQ: ASRV)- The Board of Directors of AmeriServ Financial, Inc. declared a $0.025 per share common stock cash dividend at a meeting held October 30, 2008.  The cash dividend is payable November 24, 2008 to shareholders of record on November 13, 2008.  This cash dividend represents a 4.7% annualized yield using the October 30, 2008 closing price of $2.11.


Allan R. Dennison, President and CEO commented, “As a result of our improved profitability, stable asset quality, and strong capital position, we are pleased to declare this common stock cash dividend.”


AmeriServ Financial, Inc. is the parent of AmeriServ Financial Bank and AmeriServ Trust and Financial Services Company in Johnstown.  The Company’s subsidiaries provide full-service banking and trust services through eighteen community offices in southwestern Pennsylvania.  At September 30, 2008, AmeriServ had total assets of $911 million and shareholders equity of $94 million or $4.29 per common share.  For the nine months ended September 30, 2008, the Company reported net income of $3.9 million an 85% increase over the same 2007 period.




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