Ameriserv Financial Bank Mortgage Rates, Fees & Info

Johnstown, PA

LEI: 54930089UXPZ6O3RHG71

Tax ID: 25-0851535

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Ameriserv Financial Bank is a smaller bank specializing in Home Purchase and Refi loans. Ameriserv Financial Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Pittsburgh, Philadelphia, State College, Johnstown, and Somerset among others. We have data for 35 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Ameriserv Financial Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Ameriserv Financial Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.25% 12/16/24
    30 Year Conventional Refi 6.17% 12/16/24
    30 Year Cash-out Refi 6.99% 12/16/24
    30 Year FHA Purchase 6.27% 12/16/24
    15 Year Conventional Purchase 6.48% 12/16/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Ameriserv Financial Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Ameriserv Financial Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    403

    Origination Dollar Volume (All Markets)

    $112,095,000

    Employee count

    235 Show all (8) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    PITTSBURGH, PA (FHA|USDA|VA) 95 $40,805,000 $429,526 $3,935 2.80%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 69 $18,215,000 $263,986 $2,922 2.67%
    STATE COLLEGE, PA (FHA|USDA|VA) 73 $17,285,000 $236,781 $3,681 2.73%
    JOHNSTOWN, PA (FHA|USDA|VA) 48 $6,870,000 $143,125 $3,328 2.70%
    Somerset, PA (FHA|USDA|VA) 16 $2,880,000 $180,000 $3,297 2.92%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 4 $2,660,000 $665,000 $2,386 3.18%
    ALTOONA, PA (FHA|USDA|VA) 10 $2,500,000 $250,000 $3,312 3.16%
    LANCASTER, PA (FHA|USDA|VA) 10 $2,350,000 $235,000 $2,948 2.71%
    Oil City, PA (FHA|USDA|VA) 3 $2,125,000 $708,333 $2,150 2.92%
    READING, PA (FHA|USDA|VA) 10 $2,070,000 $207,000 $2,700 2.80%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 10 $1,950,000 $195,000 $2,728 2.60%
    Outside of Metro Areas 5 $1,505,000 $301,000 $4,024 2.75%
    ERIE, PA (FHA|USDA|VA) 3 $1,305,000 $435,000 $5,714 2.67%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 5 $1,115,000 $223,000 $3,550 2.75%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 4 $1,100,000 $275,000 $3,401 2.66%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $670,000 $335,000 $3,673 2.69%
    YORK-HANOVER, PA (FHA|USDA|VA) 4 $640,000 $160,000 $2,344 2.53%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 3 $605,000 $201,667 $2,986 2.67%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 3 $555,000 $185,000 $3,545 2.29%
    Lock Haven, PA (FHA|USDA|VA) 1 $545,000 $545,000 $5,344 2.38%
    LEBANON, PA (FHA|USDA|VA) 3 $515,000 $171,667 $2,453 2.75%
    DuBois, PA (FHA|USDA|VA) 2 $470,000 $235,000 $3,099 2.50%
    Huntingdon, PA (FHA|USDA|VA) 3 $455,000 $151,667 $3,311 2.38%
    Indiana, PA (FHA|USDA|VA) 4 $440,000 $110,000 $3,078 2.72%
    SALISBURY, MD-DE (FHA|USDA|VA) 1 $395,000 $395,000 $4,036 2.88%
    Sayre, PA (FHA|USDA|VA) 1 $325,000 $325,000 $4,115 3.13%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $275,000 $275,000 $3,264 2.75%
    New Castle, PA (FHA|USDA|VA) 2 $250,000 $125,000 $2,512 2.56%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $225,000 $225,000 $3,095 3.00%
    Meadville, PA (FHA|USDA|VA) 2 $220,000 $110,000 $2,067 2.19%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $205,000 $205,000 $3,134 2.38%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $195,000 $195,000 $2,305 2.13%
    WILLIAMSPORT, PA (FHA|USDA|VA) 1 $135,000 $135,000 $3,358 3.00%
    Lewistown, PA (FHA|USDA|VA) 1 $135,000 $135,000 $2,821 2.88%
    Pottsville, PA (FHA|USDA|VA) 1 $105,000 $105,000 $2,467 2.25%
    Ameriserv Financial Bank's top markets include Pittsburgh, Philadelphia, State College, Johnstown, and Somerset among others.

    Their top states include:
  • Pennsylvania (FHA|USDA|VA)
  • Delaware (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)
  • West Virginia (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against AmeriServ Financial Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    TRI BORO
    Similarity Rank: 208
    Reliance Savings Bank
    Similarity Rank: 304
    Louviers Federal Credit Union
    Similarity Rank: 410
    WELCOME HOME FINANCE, L.P.
    Similarity Rank: 414
    BHCU
    Similarity Rank: 504
    HANCOCK COUNTY SAVINGS BANK, FSB, INC.
    Similarity Rank: 524
    Standard Bank, PaSB
    Similarity Rank: 584
    First Federal Savings and Loan Association of Greene Co
    Similarity Rank: 639
    Kish Bank
    Similarity Rank: 756
    First Citizens Community Bank
    Similarity Rank: 837

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 398 $111,260,000 $279,548 $3,374 2.75%
    FHA 2 $240,000 $120,000 $4,856 2.06%
    USDA 2 $400,000 $200,000 $5,161 2.13%
    VA 1 $195,000 $195,000 $7,939 2.00%

    For 2021, Ameriserv Financial Bank's most frequently originated type of loan was Conventional, with 398 originations. Their 2nd most popular type was FHA, with 2 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 176 $55,040,000 $312,727 $3,882 2.84%
    Refi 131 $34,715,000 $265,000 $2,987 2.61%
    Cash Out Refi 96 $22,340,000 $232,708 $3,166 2.74%

    For 2021, Ameriserv Financial Bank's most frequently cited loan purpose was Home Purchase, with 176 originations. The 2nd most popular reason was Refi, with 131 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 211 $50,955,000 $241,493 $3,518 2.82%
    15 Year 95 $17,945,000 $188,895 $2,921 2.40%
    20 Year 36 $7,640,000 $212,222 $2,787 2.78%
    10 Year 29 $23,095,000 $796,379 $2,459 3.16%
    30+ year 17 $7,375,000 $433,824 $6,780 2.68%
    Other 12 $2,530,000 $210,833 $3,135 2.73%
    5 Year 3 $2,555,000 $851,667 $0 3.53%

    For 2021, Ameriserv Financial Bank's most frequently cited loan duration was 30 Year, with 211 originations. The 2nd most popular length was 15 Year, with 95 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 359 $81,225,000 $226,253
    $1k-2k 16 $4,370,000 $273,125
    $2k-3k 5 $1,435,000 $287,000
    $4k-5k 1 $905,000 $905,000

    Ameriserv Financial Bank's average total fees were $3,518, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 359 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 186 $45,910,000 $246,828
    <2.5% 147 $30,685,000 $208,741
    3-4% 66 $34,730,000 $526,212
    4-5% 4 $770,000 $192,500

    During 2021, Ameriserv Financial Bank's average interest rate for loans was 2.82%, while their most frequently originated rate bucket for loans was 2.5-3%, with 186 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 164 $45,390,000 $276,768 $3,542 2.70%
    $100k-200k 146 $22,100,000 $151,370 $2,857 2.69%
    $100,000 or less 42 $3,090,000 $73,571 $2,507 2.72%
    $400k-600k 38 $18,750,000 $493,421 $5,642 2.83%
    $1MM+ 9 $19,595,000 $2,177,222 $0 3.60%
    $600k-1MM 4 $3,170,000 $792,500 $10,615 3.49%

    2021 saw Ameriserv Financial Bank place emphasis on $200k-400k loans with 164 originations, totaling $45,390,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 113 $27,575,000 $244,027 $3,365 2.68%
    $75k-100k 79 $14,915,000 $188,797 $3,207 2.68%
    $150k-250k 73 $22,685,000 $310,753 $3,847 2.64%
    $50k-75k 68 $10,380,000 $152,647 $2,735 2.70%
    $50k or less 29 $3,575,000 $123,276 $3,146 2.80%
    $250k+ 16 $7,670,000 $479,375 $6,160 2.84%

    Ameriserv Financial Bank lent most frequently to those with incomes in the $100k-150k range, with 113 originations. The second most popular income band? $75k-100k, with 79 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 123 $28,815,000 $234,268 $3,353 2.67%
    30-36% 74 $15,320,000 $207,027 $3,229 2.67%
    <20% 71 $14,385,000 $202,606 $3,091 2.65%
    37% 17 $4,005,000 $235,588 $3,627 2.76%
    42% 16 $4,460,000 $278,750 $3,906 2.74%
    40% 14 $4,490,000 $320,714 $4,295 2.77%
    38% 13 $3,305,000 $254,231 $3,711 2.65%
    39% 10 $2,770,000 $277,000 $3,639 2.80%
    43% 10 $2,130,000 $213,000 $2,974 2.75%
    46% 7 $1,665,000 $237,857 $3,714 2.71%
    36% 6 $1,620,000 $270,000 $3,818 2.73%
    45% 5 $985,000 $197,000 $3,604 2.38%
    47% 4 $860,000 $215,000 $3,466 2.56%
    41% 4 $1,020,000 $255,000 $3,242 2.91%
    >60% 3 $1,045,000 $348,333 $8,260 3.44%
    50-60% 2 $1,090,000 $545,000 $6,872 2.69%
    44% 2 $260,000 $130,000 $2,725 2.75%
    48% 1 $65,000 $65,000 $2,183 2.38%
    49% 1 $145,000 $145,000 $3,768 2.88%

    Ameriserv Financial Bank lent most frequently to those with DTI ratios of 20-30%, with 123 originations. The next most common DTI ratio? 30-36%, with 74 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 362 $83,610,000 $230,967 $3,416 2.70%
    Not applicable 20 $23,890,000 $1,194,500 $0 3.70%
    Asian 6 $1,540,000 $256,667 $3,935 2.64%
    Black 7 $1,535,000 $219,286 $3,072 2.52%
    Not provided 7 $1,375,000 $196,429 $2,688 2.54%
    Native Hawaiian or Islander 1 $145,000 $145,000 $3,076 3.13%

    Approval Rates

    Total approvals of all applications
    96.40%

    Ameriserv Financial Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    88.83%

    Ameriserv Financial Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 403 $112,095,000 $278,151

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    403 $112,095,000 $278,151

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 16 $2,180,000 $136,250 $2,329 2.50%
    40-60% 78 $21,940,000 $281,282 $3,086 2.62%
    60-80% 189 $56,855,000 $300,820 $3,456 2.78%
    80-100% 113 $29,665,000 $262,522 $3,664 2.77%
    Over 100% 4 $860,000 $215,000 $7,939 3.39%
    Under 20% 3 $595,000 $198,333 $3,145 2.67%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    American Financial Network Inc. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 7 33.3%
    American Financial Network Inc. Conventional home mortgage Trouble during payment process 2 9.5%
    American Financial Network Inc. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 4.8%
    American Financial Network Inc. FHA mortgage Closing on a mortgage 1 4.8%
    American Financial Network Inc. FHA mortgage Struggling to pay mortgage 1 4.8%
    American Financial Network Inc. FHA mortgage Trouble during payment process 1 4.8%
    American Financial Network Inc. Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 4.8%
    American Financial Network Inc. Other type of mortgage Struggling to pay mortgage 1 4.8%
    American Financial Network Inc. VA mortgage Applying for a mortgage or refinancing an existing mortgage 3 14.3%
    American Financial Network Inc. VA mortgage Trouble during payment process 1 4.8%
    American Financial Network Inc. Conventional home mortgage Closing on a mortgage 2 9.5%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Ameriserv Financial Bank 101 South Main Street Carrolltown, PA 15722 Full Service B&M $69,421
    Ameriserv Financial Bank 104 Sunshine Avenue Central City, PA 15926 Full Service B&M $25,014
    Ameriserv Financial Bank 1059 Franklin Street Johnstown, PA 15905 Full Service B&M $23,839
    Ameriserv Financial Bank 108 West Main Street Somerset, PA 15501 Full Service B&M $47,993
    Ameriserv Financial Bank 110 Plaza Drive Johnstown, PA 15905 Full Service B&M $81,968
    Ameriserv Financial Bank 112 South Chestnut Derry, PA 15627 Full Service B&M $53,649
    Ameriserv Financial Bank 1213 Scalp Avenue Johnstown, PA 15904 Limited, Drive-thru $0
    Ameriserv Financial Bank 12806 Shank Farm Way Hagerstown, MD 21742 Full Service B&M $19,651
    Ameriserv Financial Bank 135 Center Street Meyersdale, PA 15552 Full Service B&M $35,220
    Ameriserv Financial Bank 1383 Shoemaker Street Nanty Glo, PA 15943 Full Service B&M $47,683
    Ameriserv Financial Bank 1404 Eisenhower Boulevard Johnstown, PA 15904 Full Service B&M $151,693
    Ameriserv Financial Bank 1501 Somerset Avenue Windber, PA 15963 Full Service B&M $37,861
    Ameriserv Financial Bank 179 Lovell Avenue Ebensburg, PA 15931 Full Service B&M $114,506
    Ameriserv Financial Bank 1857 North Atherton Street State College, PA 16803 Full Service B&M $42,813
    Ameriserv Financial Bank 216 Franklin Street Johnstown, PA 15901 Full Service B&M $249,968
    Ameriserv Financial Bank 4206 Crawford Ave Northern Cambria, PA 15714 Full Service B&M $38,687
    Ameriserv Financial Bank 60 Boulevard Of Allies, Suite 100 Pittsburgh, PA 15222 Full Service B&M $103,043
    Ameriserv Financial Bank 6858 Route 711, Ste 1 Seward, PA 15954 Full Service B&M $25,933

    For 2021, Ameriserv Financial Bank had 18 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $46,524
    Net interest income $40,736
    Total noninterest income $6,658
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $1,080
    Trading account gains and fees $0
    Additional Noninterest Income $5,578
    Pre-tax net operating income $9,885
    Securities gains (or losses, -) $84
    Income before extraordinary items $8,016
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $8,016
    Minority interest net income $0
    Net income $8,016
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $7,948

    Ameriserv Financial Bank's gross interest income from loans was $46,524,000.
    Ameriserv Financial Bank's net interest income from loans was $40,736,000.
    Ameriserv Financial Bank's fee based income from loans was $1,080,000.
    Ameriserv Financial Bank's net income from loans was $8,016,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $5,788
    Provision for credit losses $1,100
    Total noninterest expense $36,409
    Salaries and employee benefits $21,129
    Premises and equipment expense $3,857
    Additional noninterest expense $11,423
    Applicable income taxes $1,953
    Net charge-offs $47
    Cash dividends $2,000

    Ameriserv Financial Bank's interest expense for loans was $5,788,000.
    Ameriserv Financial Bank's payroll and benefits expense were $21,129,000.
    Ameriserv Financial Bank's property, plant and equipment expenses $3,857,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 1.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $1,139,578
    Deposits held in domestic offices $1,139,578
    Deposits by Individuals, partnerships, and corporations $999,619
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $138,558
    Deposits by Commercial banks and other depository institutions in U.S. $1,402
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $258,069
    Demand deposits $244,963
    Nontransaction accounts $881,510
    Money market deposit accounts (MMDAs) $456,021
    Other savings deposits (excluding MMDAs) $133,163
    Total time deposits $292,326
    Total time and savings deposits $894,616
    Noninterest-bearing deposits $211,306
    Interest-bearing deposits $928,272
    Retail deposits $1,072,922
    IRAs and Keogh plan accounts $75,684
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,319,327
    Cash & Balances due from depository institutions $34,124
    Interest-bearing balances $10,192
    Total securities $209,190
    Federal funds sold & reverse repurchase $0
    Net loans and leases $973,639
    Loan and leases loss allowance $12,398
    Trading account assets $0
    Bank premises and fixed assets $17,274
    Other real estate owned $0
    Goodwill and other intangibles $13,769
    All other assets $71,331

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,319,327
    Total Liabilities $1,191,453
    Total deposits $1,139,578
    Interest-bearing deposits $928,272
    Deposits held in domestic offices $1,139,578
    % insured (estimated) $71
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $46,229
    Subordinated debt $0
    All other liabilities $5,646

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $973,639
    Loan and leases loss allowance $12,398
    Total loans and leases (domestic) $986,037
    All real estate loans $817,999
    Real estate loans in domestic offices $817,999
    Construction and development loans $54,718
    Residential 1-4 family construction $3,935
    Other construction, all land development and other land $50,783
    Loans secured by nonfarm nonresidential properties $406,246
    Nonfarm nonresidential secured by owner-occupied properties $88,249
    Commercial real estate & other non-farm, non-residential $317,997
    Multifamily residential real estate $70,567
    1-4 family residential loans $284,327
    Farmland loans $2,141
    Loans held in foreign offices $0
    Farm loans $10
    Commercial and industrial loans $144,216
    To non-U.S. addressees $0
    Loans to individuals $15,095
    Credit card loans $0
    Related Plans $10,440
    Consumer Auto Loans $1,224
    Other loans to individuals $3,431
    All other loans & leases $8,717
    Loans to foreign governments and official institutions $0
    Other loans $6,782
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $21,954
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    AmeriServ Financial Bank had $973,639,000 of loans outstanding in 2021. $817,999,000 of loans were in real estate loans. $54,718,000 of loans were in development loans. $70,567,000 of loans were in multifamily mortgage loans. $284,327,000 of loans were in 1-4 family mortgage loans. $10,000 of loans were in farm loans. $0 of loans were in credit card loans. $1,224,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 246 $65,288 $265,398
    Nonfarm, nonresidential loans - <$100k 54 $1,431 $26,500
    Nonfarm, nonresidential loans - $100-250k 69 $8,015 $116,159
    Nonfarm, nonresidential loans - $250k-1MM 123 $55,842 $454,000
    Commercial & Industrial, US addressed loans - <$1MM 601 $58,855 $97,928
    Commercial & Industrial, US addressed loans - <$100k 386 $12,191 $31,583
    Commercial & Industrial, US addressed loans - $100-250k 101 $9,959 $98,604
    Commercial & Industrial, US addressed loans - $250k-1MM 114 $36,705 $321,974
    Farmland loans - <$1MM 1 $403 $403,000
    Farmland loans - $250k-1MM 1 $403 $403,000
    Agriculture operations loans - <$1MM 2 $10 $5,000
    Agriculture operations loans - <$100k 2 $10 $5,000