AmeriServ Financial, Inc. (NASDAQ:ASRV) will release the second quarter earnings for 2008 on Tuesday, July 15. The financial results will be posted on the company’s website by press release at ameriservfinancial.mediaroom.com/.
AmeriServ Financial, Inc. is a bank holding company that owns all of the outstanding shares of AmeriServ Financial Bank (the Bank). The Company's principal activities consist of owning and operating its three wholly owned subsidiary entities: AmeriServ Trust and Financial Services Company (the Trust Company), AmeriServ Life Insurance Company (AmeriServ Life) and AmeriServ Associates, Inc. (AmeriServ Associates).
As of December 31, 2007, the Company had, on a consolidated basis, total deposits of $710 million. The Company and its subsidiaries derive substantially all of their income from banking and bank-related services.
The Company functions primarily as a coordinating and servicing unit for its subsidiary entities in general management, accounting and taxes, loan review, auditing, investment accounting, marketing and insurance risk management.
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