AmeriServ Financial (ASRV) 10-Q 7 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Aug. 03, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	AMERISERV FINANCIAL INC /PA/
Entity Central Index Key	707,605
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Amendment Flag	false
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		18,870,811

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
ASSETS
Cash and due from depository institutions	$ 16,748	$ 23,780
Interest bearing deposits	2,957	2,952
Short-term investments in money market funds	6,886	6,140
Total cash and cash equivalents	26,591	32,872
Investment securities:
Available for sale	122,868	127,110
Held to maturity (fair value $19,776 on June 30, 2015 and $20,213 on December 31, 2014)	19,580	19,840
Loans held for sale	4,393	5,051
Loans	862,485	827,634
Less: Unearned income	635	554
Allowance for loan losses	9,717	9,623
Net loans	852,133	817,457
Premises and equipment, net	12,565	13,012
Accrued interest income receivable	3,310	3,127
Goodwill	11,944	11,944
Bank owned life insurance	37,558	37,417
Net deferred tax asset	8,969	9,548
Federal Home Loan Bank stock	5,180	4,048
Federal Reserve Bank stock	2,125	2,125
Other assets	5,718	5,712
TOTAL ASSETS	1,112,934	1,089,263
LIABILITIES
Non-interest bearing deposits	161,874	167,551
Interest bearing deposits	701,028	702,330
Total deposits	862,902	869,881
Short-term borrowings	63,430	38,880
Advances from Federal Home Loan Bank	46,000	42,000
Guaranteed junior subordinated deferrable interest debentures	13,085	13,085
Total borrowed funds	122,515	93,965
Other liabilities	10,212	11,010
TOTAL LIABILITIES	995,629	974,856
SHAREHOLDERS' EQUITY
Preferred stock, no par value; $1,000 per share liquidation preference; 2,000,000 shares authorized; 21,000 shares issued and outstanding on June 30, 2015 and December 31, 2014	21,000	21,000
Common stock, par value $0.01 per share; 30,000,000 shares authorized; 26,479,630 shares issued and 18,861,811 outstanding on June 30, 2015; 26,402,707 shares issued and 18,784,888 outstanding on December 31, 2014	265	264
Treasury stock at cost, 7,617,819 shares on June 30, 2015 and December 31, 2014	(74,829)	(74,829)
Capital surplus	145,411	145,256
Retained earnings	31,926	29,618
Accumulated other comprehensive loss, net	(6,468)	(6,902)
TOTAL SHAREHOLDERS' EQUITY	117,305	114,407
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 1,112,934	$ 1,089,263

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
CONSOLIDATED BALANCE SHEETS [Abstract]
Held to maturity securities, fair value	$ 19,776	$ 20,213
Preferred stock, par value	$ 0	$ 0
Preferred stock, liquidation preference per share	$ 1,000	$ 1,000
Preferred stock, shares authorized	2,000,000	2,000,000
Preferred stock, shares issued	21,000	21,000
Preferred stock, shares outstanding	21,000	21,000
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	30,000,000	30,000,000
Common stock, shares issued	26,479,630	26,402,707
Common stock, shares outstanding	18,861,811	18,784,888
Treasury stock, shares	7,617,819	7,617,819

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
INTEREST INCOME
Interest and fees on loans	$ 9,480	$ 8,939	$ 18,936	$ 17,971
Interest bearing deposits	5	1	7	2
Short-term investments in money market funds	1	2	3	4
Investment securities:
Available for sale	777	905	1,690	1,829
Held to maturity	146	136	296	272
Total Interest Income	10,409	9,983	20,932	20,078
INTEREST EXPENSE
Deposits	1,171	1,240	2,345	2,451
Short-term borrowings	23	5	33	24
Advances from Federal Home Loan Bank	135	74	260	134
Guaranteed junior subordinated deferrable interest debentures	280	280	560	560
Total Interest Expense	1,609	1,599	3,198	3,169
NET INTEREST INCOME	8,800	8,384	17,734	$ 16,909
Provision for loan losses	200		450
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	8,600	8,384	17,284	$ 16,909
NON-INTEREST INCOME
Trust and investment advisory fees	2,135	1,948	4,191	3,980
Service charges on deposit accounts	429	501	848	979
Net gains on sale of loans	225	171	416	272
Mortgage related fees	109	160	224	277
Net realized gains on investment securities	28	120	28	177
Bank owned life insurance	171	184	534	371
Other income	595	554	1,163	1,114
Total Non-Interest Income	3,692	3,638	7,404	7,170
NON-INTEREST EXPENSE
Salaries and employee benefits	5,944	6,107	12,017	12,421
Net occupancy expense	718	717	1,559	1,556
Equipment expense	480	494	946	964
Professional fees	1,275	1,464	2,486	2,772
Supplies, postage and freight	175	187	353	370
Miscellaneous taxes and insurance	287	312	584	608
Federal deposit insurance expense	164	154	331	314
Other expense	1,196	1,185	2,373	2,353
Total Non-Interest Expense	10,239	10,620	20,649	21,358
PRETAX INCOME	2,053	1,402	4,039	2,721
Provision for income tax expense	632	423	1,249	812
NET INCOME	1,421	979	2,790	1,909
Preferred stock dividends	52	52	105	105
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS	$ 1,369	$ 927	$ 2,685	$ 1,804
Basic:
Net income	$ 0.07	$ 0.05	$ 0.14	$ 0.10
Average number of shares outstanding	18,859	18,795	18,855	18,790
Diluted:
Net income	$ 0.07	$ 0.05	$ 0.14	$ 0.10
Average number of shares outstanding	18,941	18,936	18,923	18,920
Cash dividends declared	$ 0.01	$ 0.01	$ 0.02	$ 0.02

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
COMPREHENSIVE INCOME
Net income	$ 1,421	$ 979	$ 2,790	$ 1,909
Other comprehensive income, before tax:
Pension obligation change for defined benefit plan	631		1,286	392
Income tax effect	(215)		(438)	(133)
Unrealized holding gains on available for sale securities arising during period	(946)	$ 1,037	(600)	1,551
Income tax effect	321	(353)	204	(527)
Reclassification adjustment for gains on available for sale securities included in net income	(28)	(120)	(28)	(177)
Income tax effect	10	41	10	60
Other comprehensive income	(227)	605	434	1,166
Comprehensive income	$ 1,194	$ 1,584	$ 3,224	$ 3,075

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
OPERATING ACTIVITIES
Net income	$ 2,790,000	$ 1,909,000
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	450,000
Depreciation expense	925,000	$ 924,000
Net amortization of investment securities	181,000	186,000
Net realized gains on investment securities available for sale	(28,000)	(177,000)
Net gains on loans held for sale	(416,000)	(272,000)
Amortization of deferred loan fees	(133,000)	(134,000)
Origination of mortgage loans held for sale	(27,878,000)	(18,393,000)
Sales of mortgage loans held for sale	28,952,000	17,378,000
Increase in accrued interest income receivable	(183,000)	(278,000)
Decrease in accrued interest payable	(255,000)	(306,000)
Earnings on bank owned life insurance	(341,000)	(371,000)
Deferred income taxes	371,000	254,000
Stock based compensation expense	156,000	45,000
Other, net	443,000	1,336,000
Net cash provided by operating activities	5,034,000	2,101,000
INVESTING ACTIVITIES
Purchases of investment securities - available for sale	(7,410,000)	(7,144,000)
Purchases of investment securities - held to maturity	(1,545,000)	(1,599,000)
Proceeds from sales of investment securities - available for sale	519,000	5,242,000
Proceeds from maturities of investment securities - available for sale	10,380,000	10,763,000
Proceeds from maturities of investment securities - held to maturity	1,778,000	667,000
Purchases of regulatory stock	(9,464,000)	(3,897,000)
Proceeds from redemption of regulatory stock	8,332,000	4,056,000
Long-term loans originated	(118,956,000)	(76,648,000)
Principal collected on long-term loans	76,896,000	59,696,000
Loans purchased or participated	(5,120,000)	(1,764,000)
Loans sold or participated	12,055,000	2,250,000
Proceeds from sale of other real estate owned	478,000	$ 434,000
Proceeds from life insurance policy	200,000
Purchases of premises and equipment	(473,000)	$ (1,198,000)
Net cash used in investing activities	(32,330,000)	(9,142,000)
FINANCING ACTIVITIES
Net (decrease) increase in deposit balances	(7,053,000)	19,347,000
Net increase (decrease) in other short-term borrowings	24,550,000	(22,878,000)
Principal borrowings on advances from Federal Home Loan Bank	4,000,000	9,000,000
Common stock dividends	(377,000)	(376,000)
Preferred stock dividends	(105,000)	(105,000)
Net cash provided by financing activities	21,015,000	4,988,000
NET DECREASE IN CASH AND CASH EQUIVALENTS	(6,281,000)	(2,053,000)
CASH AND CASH EQUIVALENTS AT JANUARY 1	32,872,000	30,066,000
CASH AND CASH EQUIVALENTS AT JUNE 30	$ 26,591,000	$ 28,013,000

Principles of Consolidation

Principles of Consolidation	6 Months Ended
	Jun. 30, 2015
Principles of Consolidation [Abstract]
Principles of Consolidation	1. Principles of Consolidation The accompanying consolidated financial statements include the accounts of AmeriServ Financial, Inc. (the Company) and its wholly-owned subsidiaries, AmeriServ Financial Bank (the Bank), AmeriServ Trust and Financial Services Company (the Trust Company), and AmeriServ Life Insurance Company (AmeriServ Life). The Bank is a Pennsylvania state-chartered full service bank with 17 1.9 In addition, the Parent Company is an administrative group that provides support in such areas as audit, finance, investments, loan review, general services, and marketing. Significant intercompany accounts and transactions have been eliminated in preparing the consolidated financial statements.

Basis of Preparation

Basis of Preparation	6 Months Ended
	Jun. 30, 2015
Basis of Preparation [Abstract]
Basis of Preparation	2. Basis of Preparation The unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information. In the opinion of management, all adjustments consisting of normal recurring entries considered necessary for a fair presentation have been included. They are not, however, necessarily indicative of the results of consolidated operations for a full-year. For further information, refer to the consolidated financial statements and accompanying notes included in the Company's Annual Report on Form 10-K for the year ended December 31, 2014.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2015
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	3. Recent Accounting Pronouncements In April 2015, the FASB issued ASU 2015-03, Interest — Imputation of Interest (Subtopic 835-30)

Earnings Per Common Share

Earnings Per Common Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Common Share [Abstract]
Earnings Per Common Share	4. Earnings Per Common Share Basic earnings per share include only the weighted average common shares outstanding. Diluted earnings per share include the weighted average common shares outstanding and any potentially dilutive common stock equivalent shares in the calculation. Treasury shares are treated as retired for earnings per share purposes. Options to purchase 179,304 3.18 4.70 3,625 4.60 5.22 Three months ended Six months ended 2015 2014 2015 2014 (In thousands, except per share data) Numerator: Net income $ 1,421 $ 979 $ 2,790 $ 1,909 Preferred stock dividends (52 ) (52 ) (105 ) (105 ) Net income available to common shareholders $ 1,369 $ 927 $ 2,685 $ 1,804 Denominator: Weighted average common shares outstanding (basic) 18,859 18,795 18,855 18,790 Effect of stock options 82 141 68 130 Weighted average common shares outstanding (diluted) 18,941 18,936 18,923 18,920 Earnings per common share Basic $ 0.07 $ 0.05 $ 0.14 $ 0.10 Diluted 0.07 0.05 0.14 0.10

Consolidated Statement of Cash

Consolidated Statement of Cash Flows	6 Months Ended
	Jun. 30, 2015
CONSOLIDATED STATEMENTS OF CASH FLOWS [Abstract]
Consolidated Statement of Cash Flows	5. Consolidated Statement of Cash Flows On a consolidated basis, cash and cash equivalents include cash and due from depository institutions, interest-bearing deposits and short-term investments in money market funds . 878,000 558,000 3,453,000 3,475,000 132,000 6,000

Investment Securities

Investment Securities	6 Months Ended
	Jun. 30, 2015
Investment Securities [Abstract]
Investment Securities	6. Investment Securities The cost basis and fair values of investment securities are summarized as follows (in thousands): Investment securities available for sale (AFS): June 30, 2015 Gross Gross Cost Unrealized Unrealized Fair Basis Gains Losses Value US Agency $ 5,933 $ 22 $ (19 ) $ 5,936 US Agency mortgage- backed securities 97,265 2,708 (363 ) 99,610 Corporate bonds 17,504 28 (210 ) 17,322 Total $ 120,702 $ 2,758 $ (592 ) $ 122,868 Investment securities held to maturity (HTM): June 30, 2015 Gross Gross Cost Unrealized Unrealized Fair Basis Gains Losses Value US Agency mortgage- backed securities $ 11,680 $ 304 $ (73 ) $ 11,911 Taxable municipal 3,905 70 (52 ) 3,923 Corporate bonds and other securities 3,995 - (53 ) 3,942 Total $ 19,580 $ 374 $ (178 ) $ 19,776 Investment securities available for sale (AFS): December 31, 2014 Gross Gross Cost Unrealized Unrealized Fair Basis Gains Losses Value US Agency $ 5,931 $ 21 $ (46 ) $ 5,906 US Agency mortgage- backed securities 102,888 3,197 (317 ) 105,768 Corporate bonds 15,497 61 (122 ) 15,436 Total $ 124,316 $ 3,279 $ (485 ) $ 127,110 Investment securities held to maturity (HTM): December 31, 2014 Gross Gross Cost Unrealized Unrealized Fair Basis Gains Losses Value US Agency mortgage- backed securities $ 12,481 $ 395 $ (50 ) $ 12,826 Taxable municipal 3,364 74 (24 ) 3,414 Corporate bonds and other securities 3,995 6 (28 ) 3,973 Total $ 19,840 $ 475 $ (102 ) $ 20,213 Maintaining investment quality is a primary objective of the Company's investment policy which, subject to certain limited exceptions, prohibits the purchase of any investment security below a Moody's Investor's Service or Standard & Poor's rating of "A." At June 30, 2015, 81.9 84.1 3.9 2.80 The Company sold a $ 519,000 28,000 2.5 120,000 5.2 182,000 5,000 The book value of securities, both available for sale and held to maturity, pledged to secure public and trust deposits, and certain Federal Home Loan Bank borrowings was $ 98,457,000 104,780,000 The following tables present information concerning investments with unrealized losses as of June 30, 2015 and December 31, 2014 (in thousands): Total investment securities: June 30, 2015 Less than 12 months 12 months or longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses US Agency $ - $ - $ 2,881 $ (19 ) $ 2,881 $ (19 ) Taxable municipal 2,644 (52 ) - - 2,644 (52 ) US Agency mortgage-backed securities 16,974 (118 ) 12,400 (318 ) 29,374 (436 ) Corporate bonds and other securities 6,862 (133 ) 8,867 (130 ) 15,729 (263 ) Total $ 26,480 $ (303 ) $ 24,148 $ (467 ) $ 50,628 $ (770 ) Total investment securities: December 31, 2014 Less than 12 months 12 months or longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses US Agency $ 996 $ (4 ) $ 2,858 $ (42 ) $ 3,854 $ (46 ) US Agency mortgage- backed securities 2,826 (13 ) 20,408 (354 ) 23,234 (367 ) Taxable municipal 150 (1 ) 988 (23 ) 1,138 (24 ) Corporate bonds and other securities 2,960 (43 ) 8,891 (107 ) 11,851 (150 ) Total $ 6,932 $ (61 ) $ 33,145 $ (526 ) $ 40,077 $ (587 ) The unrealized losses are primarily a result of increases in market yields from the time of purchase. In general, as market yields rise, the value of securities will decrease; as market yields fall, the fair value of securities will increase. There are 51 Contractual maturities of securities at June 30, 2015 Total investment securities: June 30, 2015 Available for sale Held to maturity Cost Basis Fair Value Cost Basis Fair Value Within 1 year $ 2,000 $ 2,007 $ 999 $ 1,000 After 1 year but within 5 years 14,302 14,331 2,000 1,967 After 5 years but within 10 years 20,743 21,008 4,782 4,749 After 10 years but within15 years 50,945 51,947 560 546 Over 15 years 32,712 33,575 11,239 11,514 Total $ 120,702 $ 122,868 $ 19,580 $ 19,776

Loans

Loans	6 Months Ended
	Jun. 30, 2015
Loans [Abstract]
Loans	7. Loans The loan portfolio of the Company consists of the following (in thousands): June 30, 2015 December 31, 2014 Commercial $ 155,459 $ 139,126 Commercial loans secured by real estate 427,174 410,329 Real estate – mortgage 259,144 258,616 Consumer 20,073 19,009 Loans, net of unearned income $ 861,850 $ 827,080 Loan at June 30, 2015 and December 31, 2014 are net of unearned income of $ 635,000 554,000 2.9 3.5

Allowance for Loan Losses

Allowance for Loan Losses	6 Months Ended
	Jun. 30, 2015
Allowance for Loan Losses [Abstract]
Allowance for Loan Losses	8. Allowance for Loan Losses The following tables summarize the rollforward of the allowance for loan losses by portfolio segment for the three and six month periods ending June 30, 2015 and 2014 (in thousands). Three months ended June 30, 2015, Balance at March 31, 2015 Charge- Offs Recoveries Provision (Credit) Balance at June 30, 2015 Commercial $ 3,157 $ - $ 8 $ 6 $ 3,171 Commercial loans secured by real estate 4,087 (15 ) 9 59 4,140 Real estate-mortgage 1,304 (188 ) 25 180 1,321 Consumer 191 (16 ) 5 21 201 Allocation for general risk 950 - - (66 ) 884 Total $ 9,689 $ (219 ) $ 47 $ 200 $ 9,717 Three months ended June 30, 2014, Balance at Charge- Recoveries Provision Balance at Commercial $ 3,065 $ - $ 55 $ 134 $ 3,254 Commercial loans secured by real estate 4,662 - 19 (206 ) 4,475 Real estate-mortgage 1,273 (30 ) 11 47 1,301 Consumer 139 (22 ) 8 20 145 Allocation for general risk 970 - - 5 975 Total $ 10,109 $ (52 ) $ 93 $ - $ 10,150 Six months ended June 30, 2015, Balance at Charge- Recoveries Provision Balance at Commercial $ 3,262 $ (121 ) $ 14 $ 16 $ 3,171 Commercial loans secured by real estate 3,902 (15 ) 51 202 4,140 Real estate-mortgage 1,310 (291 ) 55 247 1,321 Consumer 190 (63 ) 14 60 201 Allocation for general risk 959 - - (75 ) 884 Total $ 9,623 $ (490 ) $ 134 $ 450 $ 9,717 Six months ended June 30, 2014, Balance at Charge- Recoveries Provision Balance at Commercial $ 2,844 $ (72 ) $ 105 $ 377 $ 3,254 Commercial loans secured by real estate 4,885 (66 ) 172 (516 ) 4,475 Real estate-mortgage 1,260 (73 ) 25 89 1,301 Consumer 136 (58 ) 13 54 145 Allocation for general risk 979 - - (4 ) 975 Total $ 10,104 $ (269 ) $ 315 $ - $ 10,150 As a result of successful ongoing problem credit resolution efforts, the Company achieved further asset quality improvements in 2015 and 2014, specifically in the commercial loans secured by real estate category. There was no provision for loan losses in the first six months of 2014, but the Company recorded a $ 450,000 The following tables summarize the loan portfolio and allowance for loan loss by the primary segments of the loan portfolio (in thousands). At June 30, 2015 Loans: Commercial Commercial Real Estate- Consumer Allocation for Total Individually evaluated for impairment $ 406 $ 776 $ — $ — $ 1,182 Collectively evaluated for impairment 155,053 426,398 259,144 20,073 860,668 Total loans $ 155,459 $ 427,174 $ 259,144 $ 20,073 $ 861,850 Allowance for loan losses: Specific reserve allocation $ 102 $ 512 $ — $ — $ — $ 614 General reserve allocation 3,069 3,628 1,321 201 884 9,103 Total allowance for loan losses $ 3,171 $ 4,140 $ 1,321 $ 201 $ 884 $ 9,717 At December 31, 2014 Loans: Commercial Commercial Real Estate- Consumer Allocation for Total Individually evaluated for impairment $ — $ 989 $ — $ — $ 989 Collectively evaluated for impairment 139,126 409,340 258,616 19,009 826,091 Total loans $ 139,126 $ 410,329 $ 258,616 $ 19,009 $ 827,080 Allowance for loan losses: Specific reserve allocation $ — $ 520 $ — $ - $ — $ 520 General reserve allocation 3,262 3,382 1,310 190 959 9,103 Total allowance for loan losses $ 3,262 $ 3,902 $ 1,310 $ 190 $ 959 $ 9,623 The segments of the Company's loan portfolio are disaggregated to a level that allows management to monitor risk and performance. The loan segments used are consistent with the internal reports evaluated by the Company's management and Board of Directors to monitor risk and performance within various segments of its loan portfolio and therefore, no further disaggregation into classes is necessary. The overall risk profile for the commercial loan segment is impacted by non-owner occupied CRE loans, which include loans secured by non-owner occupied nonfarm nonresidential properties, as a meaningful but declining portion of the commercial portfolio is centered in these types of accounts. The residential mortgage loan segment is comprised of first lien amortizing residential mortgage loans and home equity loans secured by residential real estate. The consumer loan segment consists primarily of installment loans and overdraft lines of credit connected with customer deposit accounts. Management evaluates for possible impairment any individual loan in the commercial or commercial real estate segment with a loan balance in excess of $ 100,000 Once the determination has been made that a loan is impaired, the determination of whether a specific allocation of the allowance is necessary is measured by comparing the recorded investment in the loan to the fair value of the loan using one of three methods: (a) the present value of expected future cash flows discounted at the loan's effective interest rate; (b) the loan's observable market price; or (c) the fair value of the collateral less selling costs for collateral dependent loans. The method is selected on a loan-by-loan basis, with management primarily utilizing the fair value of collateral method. The evaluation of the need and amount of a specific allocation of the allowance and whether a loan can be removed from impairment status is made on a quarterly basis. The Company's policy for recognizing interest income on impaired loans does not differ from its overall policy for interest recognition. The need for an updated appraisal on collateral dependent loans is determined on a case-by-case basis. The useful life of an appraisal or evaluation will vary depending upon the circumstances of the property and the economic conditions in the marketplace. A new appraisal is not required if there is an existing appraisal which, along with other information, is sufficient to determine a reasonable value for the property and to support an appropriate and adequate allowance for loan losses. At a minimum, annual documented reevaluation of the property is completed by the Bank's internal Assigned Risk Department to support the value of the property. When reviewing an appraisal associated with an existing collateral real estate dependent transaction, the Bank's internal Assigned Risk Department must determine if there have been material changes to the underlying assumptions in the appraisal which affect the original estimate of value. Some of the factors that could cause material changes to reported values include: § the passage of time; § the volatility of the local market; § the availability of financing; § natural disasters; § the inventory of competing properties; § new improvements to, or lack of maintenance of, the subject property or competing § changes in underlying economic and market assumptions, such as material changes in § environmental contamination. The value of the property is adjusted to appropriately reflect the above listed factors and the value is discounted to reflect the value impact of a forced or distressed sale, any outstanding senior liens, any outstanding unpaid real estate taxes, transfer taxes and closing costs that would occur with sale of the real estate. If the Assigned Risk Department personnel determine that a reasonable value cannot be derived based on available information, a new appraisal is ordered. The determination of the need for a new appraisal, versus completion of a property valuation by the Bank's Assigned Risk Department personnel rests with the Assigned Risk Department and not the originating account officer. The following tables present impaired loans by class, segregated by those for which a specific allowance was required and those for which a specific allowance was not necessary (in thousands). June 30, 2015 Impaired Loans with Impaired Total Impaired Loans Recorded Related Recorded Recorded Unpaid Commercial $ 406 $ 102 $ - $ 406 $ 406 Commercial loans secured by real estate 756 512 20 776 885 Total impaired loans $ 1,162 $ 614 $ 20 $ 1,182 $ 1,291 December 31, 2014 Impaired Loans with Impaired Total Impaired Loans Recorded Related Allowance Recorded Recorded Unpaid Commercial loans secured by real estate $ 989 $ 520 $ - $ 989 $ 1,069 Total impaired loans $ 989 $ 520 $ - $ 989 $ 1,069 The following table presents the average recorded investment in impaired loans and related interest income recognized for the periods indicated (in thousands). Three months ended Six months ended 2015 2014 2015 2014 Average loan balance: Commercial $ 220 $ - $ 110 $ - Commercial loans secured by real estate 1,509 2,296 1,891 2,678 Average investment in impaired loans $ 1,729 $ 2,296 $ 2,001 $ 2,678 Interest income recognized: Commercial $ 10 $ - $ 11 $ - Commercial loans secured by real estate 5 1 11 2 Interest income recognized on a cash basis on impaired loans $ 15 $ 1 $ 22 $ 2 Management uses a nine point internal risk rating system to monitor the credit quality of the overall loan portfolio. The first six categories are considered not criticized. The first five “Pass” categories are aggregated, while the Pass-6, Special Mention, Substandard and Doubtful categories are disaggregated to separate pools. The criticized rating categories utilized by management generally follow bank regulatory definitions. The Special Mention category includes assets that are currently protected but are potentially weak, resulting in an undue and unwarranted credit risk, but not to the point of justifying a Substandard classification. Loans in the Substandard category have well-defined weaknesses that jeopardize the liquidation of the debt, and have a distinct possibility that some loss will be sustained if the weaknesses are not corrected. All loans greater than 90 days past due, or for which any portion of the loan represents a specific allocation of the allowance for loan losses are placed in Substandard or Doubtful. To help ensure that risk ratings are accurate and reflect the present and future capacity of borrowers to repay a loan as agreed, the Company has a structured loan rating process, which dictates that, at a minimum, credit reviews are mandatory for all commercial and commercial mortgage loan relationships with aggregate balances in excess of $ 250,000 50 55 In addition to loan monitoring by the account officer and Loan Review Department, the Company also requires presentation of all credits rated Pass-6 with aggregate balances greater than $ 1,000,000 250,000 100,000 The following table presents the classes of the commercial and commercial real estate loan portfolios summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system (in thousands). June 30, 2015 Pass Special Substandard Doubtful Total Commercial $ 150,704 $ 758 $ 3,866 $ 131 $ 155,459 Commercial loans secured by real estate 421,117 2,627 3,175 255 427,174 Total $ 571,821 $ 3,385 $ 7,041 $ 386 $ 582,633 December 31, 2014 Pass Special Substandard Doubtful Total Commercial $ 132,665 $ 161 $ 6,164 $ 136 $ 139,126 Commercial loans secured by real estate 406,195 620 3,238 276 410,329 Total $ 538,860 $ 781 $ 9,402 $ 412 $ 549,455 It is generally the policy of the bank that the outstanding balance of any residential mortgage loan that exceeds 90-days past due as to principal and/or interest is transferred to non-accrual status and an evaluation is completed to determine the fair value of the collateral less selling costs, unless the balance is minor. A charge down is recorded for any deficiency balance determined from the collateral evaluation. The remaining non-accrual balance is reported as impaired with no specific allowance. It is the policy of the bank that the outstanding balance of any consumer loan that exceeds 90-days past due as to principal and/or interest is charged off. The following tables present the performing and non-performing outstanding balances of the residential and consumer portfolios (in thousands). June 30, 2015 Performing Non-Performing Real estate- mortgage $ 257,497 $ 1,647 Consumer 20,073 - Total $ 277,570 $ 1,647 December 31, 2014 Performing Non-Performing Real estate- mortgage $ 257,199 $ 1,417 Consumer 19,009 - Total $ 276,208 $ 1,417 Management further monitors the performance and credit quality of the loan portfolio by analyzing the age of the portfolio as determined by the length of time a recorded payment is past due. The following tables present the classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans (in thousands). June 30, 2015 Current 30-59 60-89 90 Days Total Total 90 Days Commercial $ 153,174 $ — $ 2,285 $ — $ 2,285 $ 155,459 $ — Commercial loans secured by real estate 426,939 — — 235 235 427,174 — Real estate- mortgage 255,924 1,634 637 949 3,220 259,144 — Consumer 20,009 55 9 — 64 20,073 — Total $ 856,046 $ 1,689 $ 2,931 $ 1,184 $ 5,804 $ 861,850 $ — December 31, 2014 Current 30-59 60-89 90 Days Total Total 90 Days Commercial $ 139,126 $ — $ — $ — $ — $ 139,126 $ — Commercial loans secured by real estate 410,049 280 — — 280 410,329 — Real estate- mortgage 255,021 2,196 332 1,067 3,595 258,616 — Consumer 18,927 74 8 — 82 19,009 — Total $ 823,123 $ 2,550 $ 340 $ 1,067 $ 3,957 $ 827,080 $ — An allowance for loan losses (“ALL”) is maintained to absorb losses from the loan portfolio. The ALL is based on management's continuing evaluation of the risk characteristics and credit quality of the loan portfolio, assessment of current economic conditions, diversification and size of the portfolio, adequacy of collateral, past and anticipated loss experience, and the amount of non-performing loans. Loans that are collectively evaluated for impairment are analyzed with general allowances being made as appropriate. For general allowances, historical loss trends are used in the estimation of losses in the current portfolio. These historical loss amounts are complemented by consideration of other qualitative factors. Management tracks the historical net charge-off activity at each risk rating grade level for the entire commercial portfolio and at the aggregate level for the consumer, residential mortgage and small business portfolios. A historical charge-off factor is calculated utilizing a rolling 12 consecutive historical quarters for the commercial portfolios. This historical charge-off factor for the consumer, residential mortgage and small business portfolios are based on a three year historical average of actual loss experience. The Company uses a comprehensive methodology and procedural discipline to maintain an ALL to absorb inherent losses in the loan portfolio. The Company believes this is a critical accounting policy since it involves significant estimates and judgments. The allowance consists of three elements: 1) an allowance established on specifically identified problem loans, 2) formula driven general reserves established for loan categories based upon historical loss experience and other qualitative factors which include delinquency, non-performing and TDR loans, loan trends, economic trends, concentrations of credit, trends in loan volume, experience and depth of management, examination and audit results, effects of any changes in lending policies, and trends in policy, financial information, and documentation exceptions, and 3) a general risk reserve which provides support for variance from our assessment of the previously listed qualitative factors, provides protection against credit risks resulting from other inherent risk factors contained in the Company's loan portfolio, and recognizes the model and estimation risk associated with the specific and formula driven allowances. The qualitative factors used in the formula driven general reserves are evaluated quarterly (and revised if necessary) by the Company's management to establish allocations which accommodate each of the listed risk factors. “Pass” rated credits are segregated from “Criticized” and “Classified” credits for the application of qualitative factors. Management reviews the loan portfolio on a quarterly basis using a defined, consistently applied process in order to make appropriate and timely adjustments to the ALL. When information confirms all or part of specific loans to be uncollectible, these amounts are promptly charged off against the ALL.

Non-performing Assets Including

Non-performing Assets Including Troubled Debt Restructurings (TDR)	6 Months Ended
	Jun. 30, 2015
Nonperforming Assets Including Troubled Debt Restructurings [Abstract]
Non-performing Assets Including Troubled Debt Restructurings (TDR)	9. Non-performing Assets Including Troubled Debt Restructurings (TDR) The following table presents information concerning non-performing assets including TDR (in thousands, except percentages): June 30, 2015 December 31, 2014 Non-accrual loans Commercial 209 - Commercial loans secured by real estate $ 255 $ 778 Real estate-mortgage 1,647 1,417 Total 2,111 2,195 Other real estate owned Commercial loans secured by real estate - 384 Real estate-mortgage 126 128 Total 126 512 TDR's not in non-accrual 328 210 Total non-performing assets including TDR $ 2,565 $ 2,917 Total non-performing assets as a percent of loans, net of unearned income, and other real estate owned 0.30 % 0.35 % The Company had no loans past due 90 days or more for the periods presented which were accruing interest. The following table sets forth, for the periods indicated, (1) the gross interest income that would have been recorded if non-accrual loans had been current in accordance with their original terms and had been outstanding throughout the period or since origination if held for part of the period, (2) the amount of interest income actually recorded on such loans, and (3) the net reduction in interest income attributable to such loans (in thousands). Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 Interest income due in accordance with original terms $ 24 $ 34 $ 48 $ 67 Interest income recorded - - - - Net reduction in interest income $ 24 $ 34 $ 48 $ 67 Consistent with accounting and regulatory guidance, the Bank recognizes a TDR when the Bank, for economic or legal reasons related to a borrower's financial difficulties, grants a concession to the borrower that would not normally be considered. Regardless of the form of concession granted, the Bank's objective in offering a TDR is to increase the probability of repayment of the borrower's loan. To be considered a TDR, both • the borrower must be experiencing financial difficulties; and • the Bank, for economic or legal reasons related to the borrower's financial difficulties, grants a concession to the borrower that would not otherwise be considered. Factors that indicate a borrower is experiencing financial difficulties include, but are not limited to: • the borrower is currently in default on their loan(s); • the borrower has filed for bankruptcy; • the borrower has insufficient cash flows to service their loan(s); and • the borrower is unable to obtain refinancing from other sources at a market rate similar to rates available to a non-troubled debtor. Factors that indicate that a concession has been granted include, but are not limited to: • the borrower is granted an interest rate reduction to a level below market rates for debt with similar risk; or • the borrower is granted a material maturity date extension, or extension of the amortization plan to provide payment relief. For purposes of this policy, a material maturity date extension will generally include any maturity date extension, or the aggregate of multiple consecutive maturity date extensions, that exceed 120 The determination of whether a restructured loan is a TDR requires consideration of all of the facts and circumstances surrounding the modification. No single factor is determinative of whether a restructuring is a TDR. An overall general decline in the economy or some deterioration in a borrower's financial condition does not automatically mean that the borrower is experiencing financial difficulty. Accordingly, determination of whether a modification is a TDR involves a large degree of judgment. The Company had no loans modified as TDRs during the second quarter of 2015. The following table details the loans modified as TDRs during the six month period ended June 30, 2015 (dollars in thousands). Loans in accrual status # of Loans Current Balance Concession Granted Commercial loan 1 $ 204 Extension of maturity date The following table details the loans modified as TDRs during the three month period ended June 30, 2014 (dollars in thousands). Loans in non-accrual status # of Loans Current Balance Concession Granted Commercial loan secured by real estate 1 $ 141 Extension of maturity date The following table details the loans modified as TDRs during the six month period ended June 30, 2014 (dollars in thousands). Loans in non-accrual status # of Loans Current Balance Concession Granted Commercial loan secured by real estate 1 $ 253 Extension of maturity date In all instances where loans have been modified in troubled debt restructurings the pre- and post-modified balances are the same. The specific ALL reserve for loans modified as TDR's was $ 542,000 365,000 Once a loan is classified as a TDR, this classification will remain until documented improvement in the financial position of the borrower supports confidence that all principal and interest will be paid according to terms. Additionally, the customer must have re-established a track record of timely payments according to the restructured contract terms for a minimum of six six The Company had no loans that were classified as TDR's or were subsequently modified during each 12-month period prior to the current reporting periods, which begin January 1, 2015 and 2014 (six month periods) and April 1, 2015 and 2014 (three month periods), respectively, and that subsequently defaulted during these reporting periods The Company is unaware of any additional loans which are required to either be charged-off or added to the non-performing asset totals disclosed above.

Federal Home Loan Bank Borrowin

Federal Home Loan Bank Borrowings	6 Months Ended
	Jun. 30, 2015
Federal Home Loan Bank Borrowings [Abstract]
Federal Home Loan Bank Borrowings	10. Federal Home Loan Bank Borrowings Total Federal Home Loan Bank (FHLB) borrowings and advances consist of the following (in thousands, except percentages): At June 30, 2015 Weighted Type Maturing Amount Average Rate Open Repo Plus Overnight $ 63,430 0.33 % Advances 2015 4,000 0.52 2016 12,000 0.81 2017 12,000 1.06 2018 10,000 1.51 2019 and over 8,000 1.76 Total advances 46,000 1.17 Total FHLB borrowings $ 109,430 0.68 % At December 31, 2014 Weighted Type Maturing Amount Average Rate Open Repo Plus Overnight $ 38,880 0.27 % Advances 2015 4,000 0.52 2016 12,000 0.81 2017 12,000 1.06 2018 10,000 1.51 2019 and over 4,000 1.88 Total advances 42,000 1.12 Total FHLB borrowings $ 80,880 0.71 % The rate on Open Repo Plus advances can change daily, while the rates on the advances are fixed until the maturity of the advance. All FHLB stock along with an interest in certain residential mortgage and CRE loans with an aggregate statutory value equal to the amount of the advances are pledged as collateral to the FHLB of Pittsburgh to support these borrowings.

Preferred Stock

Preferred Stock	6 Months Ended
	Jun. 30, 2015
Preferred Stock [Abstract]
Preferred Stock	11. Preferred Stock On August 11, 2011, pursuant to the Small Business Lending Fund (SBLF), the Company issued and sold to the US Treasury 21,000 21 The Series E Preferred Stock has an aggregate liquidation preference of approximately $21 million and qualifies as Tier 1 Capital for regulatory purposes. The terms of the Series E Preferred Stock provide for the payment of non-cumulative dividends on a quarterly basis. Since January 1, 2014, the dividend rate of the Series E Preferred Stock has been fixed at 1% per annum until February 7, 2016. Beginning on February 8, 2016, the dividend rate will be fixed at 9 As long as shares of Series E Preferred Stock remain outstanding, we may not pay dividends to our common shareholders (nor may we repurchase or redeem any shares of our common stock) during any quarter in which we fail to declare and pay dividends on the Series E Preferred Stock and for the next three quarters following such failure. In addition, under the terms of the Series E Preferred Stock, we may only declare and pay dividends on our common stock (or repurchase shares of our common stock), if, after payment of such dividend, the dollar amount of our Tier 1 capital would be at least ninety percent ( 90 We may redeem the Series E Preferred Stock at any time at our option, at a redemption price of 100

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
	Jun. 30, 2015
Accumulated Comprehensive Loss [Abstract]
Accumulated Other Comprehensive Loss	12. Accumulated Other Comprehensive Loss The following table presents the changes in each component of accumulated other comprehensive loss, net of tax, for the three and six months ended June 30, 2015 and 2014 (in thousands): Three months ended June 30, 2015 Three months ended June 30, 2014 Net Unrealized Gains and (Losses) on Investment Securities AFS (1) Defined Benefit Pension Items (1) Total (1) Net Unrealized Gains and (Losses) on Investment Securities AFS (1) Defined Benefit Pension Items (1) Total (1) Beginning balance $ 2,072 $ (8,313 ) $ (6,241 ) $ 1,345 $ (6,659 ) $ (5,314 ) Other comprehensive income (loss) before reclassifications (625 ) 416 (209 ) 684 — 684 Amounts reclassified from accumulated other comprehensive loss (18 ) — (18 ) (79 ) — (79 ) Net current period other comprehensive income (loss) (643 ) 416 (227 ) 605 — 605 Ending balance $ 1,429 $ (7,897 ) $ (6,468 ) $ 1,950 $ (6,659 ) $ (4,709 ) (1) Amounts in parentheses indicate debits on the Consolidated Balance Sheets. Six months ended June 30, 2015 Six months ended June 30, 2014 Net Unrealized Gains and (Losses) on Investment Securities AFS (1) Defined Benefit Pension Items (1) Total (1) Net Unrealized Gains and (Losses) on Investment Securities AFS (1) Defined Benefit Pension Items (1) Total (1) Beginning balance $ 1,843 $ (8,745 ) $ (6,902 ) $ 1,043 $ (6,918 ) $ (5,875 ) Other comprehensive income (loss) before reclassifications (396 ) 848 452 1,024 256 1,280 Amounts reclassified from accumulated other comprehensive loss (18 ) — (18 ) (117 ) 3 (114 ) Net current period other comprehensive income (loss) (414 ) 848 434 907 259 1,166 Ending balance $ 1,429 $ (7,897 ) $ (6,468 ) $ 1,950 $ (6,659 ) $ (4,709 ) (1) Amounts in parentheses indicate debits on the Consolidated Balance Sheets. The following table presents the amounts reclassified out of each component of accumulated other comprehensive loss for the three and six months ended June 30, 2015 and 2014 (in thousands): Amount reclassified from accumulated other comprehensive loss (1) Details about accumulated other comprehensive loss components For the three months ended June 30, 2015 For the three months ended June 30, 2014 Affected line item in the statement of operations Unrealized gains and losses on sale of securities $ (28 ) $ (120 ) Net realized gains on investment securities 10 41 Provision for income tax expense $ (18 ) $ (79 ) Net of tax Total reclassifications for the period $ (18 ) $ (79 ) Net income (1) Amounts in parentheses indicate credits. Amount reclassified from accumulated other comprehensive loss (1) Details about accumulated other comprehensive loss components For the six months ended June 30, 2015 For the six months ended June 30, 2014 Affected line item in the statement of operations Unrealized gains and losses on sale of securities $ (28 ) $ (177 ) Net realized gains on investment securities 10 60 Provision for income tax expense $ (18 ) $ (117 ) Net of tax Amortization of defined benefit items (2) Amortization of prior year service cost $ — $ 5 Salaries and employee benefits — (2 ) Provision for income tax expense $ — $ 3 Net of tax Total reclassifications for the period $ (18 ) $ (114 ) Net income (1) Amounts in parentheses indicate credits. (2) These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost (see Note 16 for additional details).

Regulatory Capital

Regulatory Capital	6 Months Ended
	Jun. 30, 2015
Regulatory Capital [Abstract]
Regulatory Capital	13. Regulatory Capital The Company is subject to various capital requirements administered by the federal banking agencies. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company must meet specific capital guidelines that involve quantitative measures of the Company's assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The Company's capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company's consolidated financial statements. Quantitative measures established by regulation to ensure capital adequacy require the Company to maintain minimum amounts and ratios (set forth in the table below) of total and Tier 1 capital to risk-weighted assets, and of Tier 1 capital to average assets. For June 30, 2015, the final Basel III rules require the Company to maintain minimum amounts and ratios of common equity Tier I capital (as defined in the regulations) to risk-weighted assets (RWA) (as defined). Additionally under Basel III rules, the decision was made to opt-out of including accumulated other comprehensive income in regulatory capital. For December 31, 2014, regulatory capital ratios were calculated under Basel I rules. As of June 30, 2015, the Bank was categorized as “Well Capitalized” under the regulatory framework for prompt corrective action promulgated by the Federal Reserve. The Company believes that no conditions or events have occurred that would change this conclusion as of such date. To be categorized as Well Capitalized, the Bank must maintain minimum Total Capital, Common Equity Tier 1 Capital, Tier 1 Capital, and Tier 1 leverage ratios as set forth in the table. Additionally, while not a regulatory capital ratio, the Company's tangible common equity ratio was 7.66 At June 30, 2015 Actual For Capital Adequacy Purposes To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio Total Capital (To RWA) Consolidated $ 132,879 14.63 % $ 72,653 8.00 % $ 90,817 10.00 % AmeriServ Financial Bank 106,168 11.81 71,907 8.00 89,884 10.00 Common Equity Tier 1 Capital (To RWA) Consolidated 90,191 9.93 40,867 4.50 59,031 6.50 AmeriServ Financial Bank 95,541 10.63 40,448 4.50 58,425 6.50 Tier 1 Capital (To RWA) Consolidated 122,252 13.46 54,490 6.00 72,653 8.00 AmeriServ Financial Bank 95,541 10.63 53,930 6.00 71,907 8.00 Tier 1 Capital (To Average Assets) leverage Consolidated 122,252 11.23 43,543 4.00 54,428 5.00 AmeriServ Financial Bank 95,541 9.01 42,425 4.00 53,032 5.00 At December 31, 2014 Actual For Capital Adequacy Purposes To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio Total Capital (To RWA) Consolidated $ 131,497 14.80 % $ 71,066 8.00 % $ 88,833 10.00 % AmeriServ Financial Bank 106,084 12.07 70,305 8.00 87,881 10.00 Tier 1 Capital (To RWA) Consolidated 120,992 13.62 35,533 4.00 53,300 6.00 AmeriServ Financial Bank 95,579 10.88 35,153 4.00 52,729 6.00 Tier 1 Capital (To Average Assets) Consolidated 120,992 11.34 42,662 4.00 53,327 5.00 AmeriServ Financial Bank 95,579 9.19 41,608 4.00 52,010 5.00 On July 2, 2013, the Board of Governors of the Federal Reserve System approved final rules that substantially amend the regulatory risk-based capital rules applicable to the Company and the Bank. The final rules implement the “Basel III” regulatory capital reforms, as well as certain changes required by the Dodd-Frank Act, which will require institutions to, among other things, have more capital and a higher quality of capital by increasing the minimum regulatory capital ratios, and requiring capital buffers. The new rules became effective for the Company and the Bank on January 1, 2015, and have an implementation period that stretches to January 1, 2019. For a more detailed discussion see the Capital Resources section of the MD&A.

Segment Results

Segment Results	6 Months Ended
	Jun. 30, 2015
Segment Results [Abstract]
Segment Results	14. Segment Results The financial performance of the Company is also monitored by an internal funds transfer pricing profitability measurement system which produces line of business results and key performance measures. The Company's major business units include retail banking, commercial banking, trust, and investment/parent. The reported results reflect the underlying economics of the business segments. Expenses for centrally provided services are allocated based upon the cost and estimated usage of those services. The businesses are match-funded and interest rate risk is centrally managed and accounted for within the investment/parent business segment. The key performance measure the Company focuses on for each business segment is net income contribution. Retail banking includes the deposit-gathering branch franchise and lending to both individuals and small businesses. Lending activities include residential mortgage loans, direct consumer loans, and small business commercial loans. Commercial banking to businesses includes commercial loans, and CRE loans. The trust segment contains our wealth management businesses which include the Trust Company, West Chester Capital Advisors (WCCA), our registered investment advisory firm and financial services. Wealth management includes personal trust products and services such as personal portfolio investment management, estate planning and administration, custodial services and pre-need trusts. Also, institutional trust products and services such as 401(k) plans, defined benefit and defined contribution employee benefit plans, and individual retirement accounts are included in this segment. Financial services include the sale of mutual funds, annuities, and insurance products. The wealth management businesses also includes the union collective investment funds, namely the ERECT and BUILD funds which are designed to use union pension dollars in construction projects that utilize union labor. The investment/parent includes the net results of investment securities and borrowing activities, general corporate expenses not allocated to the business segments, interest expense on guaranteed junior subordinated deferrable interest debentures, and centralized interest rate risk management. Inter-segment revenues were not material. The contribution of the major business segments to the Consolidated Statements of Operations for the three and six months ended June 30, 2015 and 2014 were as follows (in thousands): Three months ended Six months ended June 30, June 30, 2015 June 30, 2015 2015 Total revenue Net income (loss) Total revenue Net income (loss) Total assets Retail banking $ 6,539 $ 743 $ 13,063 $ 1,402 $ 374,659 Commercial banking 4,635 1,334 9,373 2,625 595,827 Trust 2,230 396 4,397 776 5,306 Investment/Parent (912 ) (1,052 ) (1.695 ) (2,013 ) 137,142 Total $ 12,492 $ 1,421 $ 25,138 $ 2,790 $ 1,112,934 Three months ended Six months ended December 31, June 30, 2014 June 30, 2014 2014 Total revenue Net income (loss) Total revenue Net income (loss) Total assets Retail banking $ 6,470 $ 617 $ 12,587 $ 965 $ 376,009 Commercial banking 4,085 1,030 8,412 2,126 563,690 Trust 2,041 356 4,155 664 5,015 Investment/Parent (574 ) (1,024 ) (1,075 ) (1,846 ) 144,549 Total $ 12,022 $ 979 $ 24,079 $ 1,909 $ 1,089,263

Commitments and Contingent Liab

Commitments and Contingent Liabilities	6 Months Ended
	Jun. 30, 2015
Commitments and Contingent Liabilities [Abstract]
Commitments and Contingent Liabilities	15. Commitments and Contingent Liabilities The Company had various outstanding commitments to extend credit approximating $ 180.3 188.0 7.7 7.2 Additionally, the Company is also subject to a number of asserted and unasserted potential claims encountered in the normal course of business. In the opinion of the Company, neither the resolution of these claims nor the funding of these credit commitments will have a material adverse effect on the Company's consolidated financial position, results of operation or cash flows.

Pension Benefits

Pension Benefits	6 Months Ended
	Jun. 30, 2015
Pension Benefits [Abstract]
Pension Benefits	16. Pension Benefits The Company has a noncontributory defined benefit pension plan covering certain employees who work at least 1,000 five 10 Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 Components of net periodic benefit cost Service cost $ 400 $ 430 $ 800 $ 860 Interest cost 325 331 650 662 Expected return on plan assets (525 ) (498 ) (1,050 ) (996 ) Amortization of prior year service cost - (5 ) - (10 ) Recognized net actuarial loss 300 272 600 544 Net periodic pension cost $ 500 $ 530 $ 1,000 $ 1,060 The Company implemented a soft freeze of its defined benefit pension plan to provide that non-union employees hired on or after January 1, 2013 and union employees hired on or after January 1, 2014 are not eligible to participate in the pension plan. Instead, such employees are eligible to participate in a qualified 401(k) plan. This change was made to help reduce pension costs in future periods.

Disclosures about Fair Value Me

Disclosures about Fair Value Measurements	6 Months Ended
	Jun. 30, 2015
Disclosures about Fair Value Measurements [Abstract]
Disclosures about Fair Value Measurements	17. Disclosures about Fair Value Measurements The following disclosures establish a hierarchal disclosure framework associated with the level of pricing observability utilized in measuring assets and liabilities at fair value. The three broad levels defined within this hierarchy are as follows: Level I: Quoted prices are available in active markets for identical assets or liabilities as of the reported date. Level II: Pricing inputs are other than the quoted prices in active markets, which are either directly or indirectly observable as of the reported date. The nature of these assets and liabilities includes items for which quoted prices are available but traded less frequently and items that are fair-valued using other financial instruments, the parameters of which can be directly observed. Level III: Assets and liabilities that have little to no pricing observability as of the reported date. These items do not have two-way markets and are measured using management's best estimate of fair value, where the inputs into the determination of fair value require significant management judgment or estimation. Assets and Liability Measured on a Recurring Basis Securities classified as available for sale are reported at fair value utilizing Level 2 inputs. For these securities, the Company obtains fair value measurements from an independent pricing service. The fair value measurements consider observable data that may include dealer quoted market spreads, cash flows, the US Treasury yield curve, live trading levels, trade execution data, market consensus prepayment speeds, credit information and the bond's terms and conditions, among other things. The following tables present the assets reported on the Consolidated Balance Sheets at their fair value as of June 30, 2015 and December 31, 2014, by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Assets and liability measured at fair value on a recurring basis are summarized below (in thousands): Fair Value Measurements at June 30, 2015 Using Total (Level 1) (Level 2) (Level 3) US Agency securities $ 5,936 $ - $ 5,936 $ - US Agency mortgage-backed securities 99,610 - 99,610 - Corporate bonds 17,322 - 17,322 - Fair Value Measurements at December 31, 2014 Using Total (Level 1) (Level 2) (Level 3) US Agency securities $ 5,906 $ - $ 5,906 $ - US Agency mortgage-backed securities 105,768 - 105,768 - Corporate bonds 15,436 - 15,436 - Assets Measured on a Non-recurring Basis Loans considered impaired are loans for which, based on current information and events, it is probable that the creditor will be unable to collect all amounts due according to the contractual terms of the loan agreement. As detailed in the allowance for loan loss footnote, impaired loans are reported at fair value of the underlying collateral if the repayment is expected solely from the collateral. Collateral values are estimated using Level 3 inputs based on observable market data which at times are discounted. At June 30, 2015, impaired loans with a carrying value of $ 1.2 614,000 567,000 989,000 520,000 469,000 Other real estate owned is measured at fair value based on appraisals, less cost to sell at the date of foreclosure. Valuations are periodically performed by management. Income and expenses from operations and changes in valuation allowance are included in the net expenses from OREO. Assets measured at fair value on a non-recurring basis are summarized below (in thousands, except range data): Fair Value Measurements at June 30, 2015 Using Total (Level 1) (Level 2) (Level 3) Impaired loans $ 567 $ - $ - $ 567 Other real estate owned 126 - - 126 Fair Value Measurements at December 31, 2014 Using Total (Level 1) (Level 2) (Level 3) Impaired loans $ 469 $ - $ - $ 469 Other real estate owned 512 - - 512 June 30, 2015 Quantitative Information About Level 3 Fair Value Measurements Fair Value Valuation Techniques Unobservable Input Range(Wgtd Ave) Impaired loans $ 567 Appraisal of collateral Appraisal adjustments(2) 0 35 30 1 15 10 Other real estate owned 126 Appraisal of collateral Appraisal adjustments(2) 0 48 38 1 20 10 December 31, 2014 Quantitative Information About Level 3 Fair Value Measurements Fair Value Valuation Techniques Unobservable Input Range(Wgtd Ave) Impaired loans $ 469 Appraisal of collateral Appraisal adjustments(2) 0 37 30 1 15 10 Other real estate owned 512 Appraisal of collateral Appraisal adjustments(2) 47 83 55 1 61 9 (1) Fair Value is generally determined through independent appraisals of the underlying collateral, which generally include various level 3 inputs which are not identifiable. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions. (3) Includes qualitative adjustments by management and estimated liquidation expenses. DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS For the Company, as for most financial institutions, approximately 90 Fair values have been determined by the Company using independent third party valuations that use the best available data (Level 2) and an estimation methodology (Level 3) the Company believes is suitable for each category of financial instruments. Management believes that cash, cash equivalents, and loans and deposits with floating interest rates have estimated fair values which approximate the recorded book balances. The estimation methodologies used, the estimated fair values based on US GAAP measurements, and recorded book balances at June 30, 2015 and December 31, 2014, were as follows (in thousands): June 30, 2015 Carrying Value Fair Value (Level 1) (Level 2) (Level 3) FINANCIAL ASSETS: Cash and cash equivalents $ 26,591 $ 26,591 $ 26,591 $ - $ - Investment securities - AFS 122,868 122,868 - 122,868 - Investment securities – HTM 19,580 19,776 - 16,809 2,967 Regulatory stock 7,305 7,305 7,305 - - Loans held for sale 4,393 4,456 4,456 - - Loans, net of allowance for loan loss and unearned income 852,133 852,862 - - 852,862 Accrued interest income receivable 3,310 3,310 3,310 - - Bank owned life insurance 37,558 37,558 37,558 - - FINANCIAL LIABILITIES: Deposits with no $ 575,977 $ 575,977 $ 575,977 $ - $ - Deposits with stated maturities 286,925 289,576 - - 289,576 Short-term borrowings 63,430 63,430 63,430 - - All other borrowings 59,085 62,811 - - 62,811 Accrued interest payable 1,451 1,451 1,451 - - December 31, 2014 Carrying Value Fair Value (Level 1) (Level 2) (Level 3) FINANCIAL ASSETS: Cash and cash equivalents $ 32,872 $ 32,872 $ 32,872 $ - $ - Investment securities - AFS 127,110 127,110 - 127,110 - Investment securities – HTM 19,840 20,213 - 17,241 2,972 Regulatory stock 6,173 6,173 6,173 - - Loans held for sale 5,051 5,127 5,127 - - Loans, net of allowance for loan loss and unearned income 817,457 819,935 - - 819,935 Accrued interest income receivable 3,127 3,127 3,127 - - Bank owned life insurance 37,417 37,417 37,417 - - FINANCIAL LIABILITIES: Deposits with no stated maturities $ 568,625 $ 568,625 $ 568,625 $ - $ - Deposits with stated maturities 301,256 304,744 - - 304,744 Short-term borrowings 38,880 38,880 38,880 - - All other borrowings 55,085 59,256 - - 59,256 Accrued interest payable 1,706 1,706 1,706 - - The fair value of cash and cash equivalents, regulatory stock, accrued interest income receivable, short-term borrowings, and accrued interest payable are equal to the current carrying value. The fair value of investment securities is equal to the available quoted market price for similar securities. The fair value measurements consider observable data that may include dealer quoted market spreads, cash flows, the US Treasury yield curve, live trading levels, trade execution data, market consensus prepayment speeds, credit information and the bond's terms and conditions, among other things. The Level 3 securities are valued by discounted cash flows using the US Treasury rate for the remaining term of the securities. Loans held for sale are priced individually at market rates on the day that the loan is locked for commitment with an investor. All loans in the held for sale account conform to Fannie Mae underwriting guidelines, with the specific intent of the loan being purchased by an investor at the predetermined rate structure. Loans in the held for sale account have specific delivery dates that must be executed to protect the pricing commitment (typically a 30, 45, or 60 day lock period). The net loan portfolio has been valued using a present value discounted cash flow. The discount rate used in these calculations is based upon the treasury yield curve adjusted for non-interest operating costs, credit loss, current market prices and assumed prepayment risk. The fair value of bank owned life insurance is based upon the cash surrender value of the underlying policies and matches the book value. Deposits with stated maturities have been valued using a present value discounted cash flow with a discount rate approximating current market for similar assets and liabilities. Deposits with no stated maturities have an estimated fair value equal to both the amount payable on demand and the recorded book balance. The fair value of all other borrowings is based on the discounted value of contractual cash flows. The discount rates are estimated using rates currently offered for similar instruments with similar remaining maturities. Commitments to extend credit and standby letters of credit are financial instruments generally not subject to sale, and fair values are not readily available. The carrying value, represented by the net deferred fee arising from the unrecognized commitment, and the fair value, determined by discounting the remaining contractual fee over the term of the commitment using fees currently charged to enter into similar agreements with similar credit risk, is not considered material for disclosure. The contractual amounts of unfunded commitments are presented in Note15. Changes in assumptions or estimation methodologies may have a material effect on these estimated fair values. The Company's remaining assets and liabilities which are not considered financial instruments have not been valued differently than has been customary under historical cost accounting.

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Common Share [Abstract]
Summary of Earnings Per Common Share	Three months ended Six months ended 2015 2014 2015 2014 (In thousands, except per share data) Numerator: Net income $ 1,421 $ 979 $ 2,790 $ 1,909 Preferred stock dividends (52 ) (52 ) (105 ) (105 ) Net income available to common shareholders $ 1,369 $ 927 $ 2,685 $ 1,804 Denominator: Weighted average common shares outstanding (basic) 18,859 18,795 18,855 18,790 Effect of stock options 82 141 68 130 Weighted average common shares outstanding (diluted) 18,941 18,936 18,923 18,920 Earnings per common share Basic $ 0.07 $ 0.05 $ 0.14 $ 0.10 Diluted 0.07 0.05 0.14 0.10

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2015
Investment Securities [Abstract]
Schedule of Cost Basis and Fair Values of Investment Securities	Investment securities available for sale (AFS): June 30, 2015 Gross Gross Cost Unrealized Unrealized Fair Basis Gains Losses Value US Agency $ 5,933 $ 22 $ (19 ) $ 5,936 US Agency mortgage- backed securities 97,265 2,708 (363 ) 99,610 Corporate bonds 17,504 28 (210 ) 17,322 Total $ 120,702 $ 2,758 $ (592 ) $ 122,868 Investment securities held to maturity (HTM): June 30, 2015 Gross Gross Cost Unrealized Unrealized Fair Basis Gains Losses Value US Agency mortgage- backed securities $ 11,680 $ 304 $ (73 ) $ 11,911 Taxable municipal 3,905 70 (52 ) 3,923 Corporate bonds and other securities 3,995 - (53 ) 3,942 Total $ 19,580 $ 374 $ (178 ) $ 19,776 Investment securities available for sale (AFS): December 31, 2014 Gross Gross Cost Unrealized Unrealized Fair Basis Gains Losses Value US Agency $ 5,931 $ 21 $ (46 ) $ 5,906 US Agency mortgage- backed securities 102,888 3,197 (317 ) 105,768 Corporate bonds 15,497 61 (122 ) 15,436 Total $ 124,316 $ 3,279 $ (485 ) $ 127,110 Investment securities held to maturity (HTM): December 31, 2014 Gross Gross Cost Unrealized Unrealized Fair Basis Gains Losses Value US Agency mortgage- backed securities $ 12,481 $ 395 $ (50 ) $ 12,826 Taxable municipal 3,364 74 (24 ) 3,414 Corporate bonds and other securities 3,995 6 (28 ) 3,973 Total $ 19,840 $ 475 $ (102 ) $ 20,213
Schedule of Information Concerning Investments with Unrealized Losses	Total investment securities: June 30, 2015 Less than 12 months 12 months or longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses US Agency $ - $ - $ 2,881 $ (19 ) $ 2,881 $ (19 ) Taxable municipal 2,644 (52 ) - - 2,644 (52 ) US Agency mortgage-backed securities 16,974 (118 ) 12,400 (318 ) 29,374 (436 ) Corporate bonds and other securities 6,862 (133 ) 8,867 (130 ) 15,729 (263 ) Total $ 26,480 $ (303 ) $ 24,148 $ (467 ) $ 50,628 $ (770 ) Total investment securities: December 31, 2014 Less than 12 months 12 months or longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses US Agency $ 996 $ (4 ) $ 2,858 $ (42 ) $ 3,854 $ (46 ) US Agency mortgage- backed securities 2,826 (13 ) 20,408 (354 ) 23,234 (367 ) Taxable municipal 150 (1 ) 988 (23 ) 1,138 (24 ) Corporate bonds and other securities 2,960 (43 ) 8,891 (107 ) 11,851 (150 ) Total $ 6,932 $ (61 ) $ 33,145 $ (526 ) $ 40,077 $ (587 )
Schedule of Contractual Maturities of Securities	Total investment securities: June 30, 2015 Available for sale Held to maturity Cost Basis Fair Value Cost Basis Fair Value Within 1 year $ 2,000 $ 2,007 $ 999 $ 1,000 After 1 year but within 5 years 14,302 14,331 2,000 1,967 After 5 years but within 10 years 20,743 21,008 4,782 4,749 After 10 years but within15 years 50,945 51,947 560 546 Over 15 years 32,712 33,575 11,239 11,514 Total $ 120,702 $ 122,868 $ 19,580 $ 19,776

Loans (Tables)

Loans (Tables)	6 Months Ended
	Jun. 30, 2015
Loans [Abstract]
Summary of Loan Portfolio	June 30, 2015 December 31, 2014 Commercial $ 155,459 $ 139,126 Commercial loans secured by real estate 427,174 410,329 Real estate – mortgage 259,144 258,616 Consumer 20,073 19,009 Loans, net of unearned income $ 861,850 $ 827,080

Allowance for Loan Losses (Tabl

Allowance for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 2015
Allowance for Loan Losses [Abstract]
Rollforward of the Allowance for Loan Losses by Portfolio Segment	Three months ended June 30, 2015, Balance at March 31, 2015 Charge- Offs Recoveries Provision (Credit) Balance at June 30, 2015 Commercial $ 3,157 $ - $ 8 $ 6 $ 3,171 Commercial loans secured by real estate 4,087 (15 ) 9 59 4,140 Real estate-mortgage 1,304 (188 ) 25 180 1,321 Consumer 191 (16 ) 5 21 201 Allocation for general risk 950 - - (66 ) 884 Total $ 9,689 $ (219 ) $ 47 $ 200 $ 9,717 Three months ended June 30, 2014, Balance at Charge- Recoveries Provision Balance at Commercial $ 3,065 $ - $ 55 $ 134 $ 3,254 Commercial loans secured by real estate 4,662 - 19 (206 ) 4,475 Real estate-mortgage 1,273 (30 ) 11 47 1,301 Consumer 139 (22 ) 8 20 145 Allocation for general risk 970 - - 5 975 Total $ 10,109 $ (52 ) $ 93 $ - $ 10,150 Six months ended June 30, 2015, Balance at Charge- Recoveries Provision Balance at Commercial $ 3,262 $ (121 ) $ 14 $ 16 $ 3,171 Commercial loans secured by real estate 3,902 (15 ) 51 202 4,140 Real estate-mortgage 1,310 (291 ) 55 247 1,321 Consumer 190 (63 ) 14 60 201 Allocation for general risk 959 - - (75 ) 884 Total $ 9,623 $ (490 ) $ 134 $ 450 $ 9,717 Six months ended June 30, 2014, Balance at Charge- Recoveries Provision Balance at Commercial $ 2,844 $ (72 ) $ 105 $ 377 $ 3,254 Commercial loans secured by real estate 4,885 (66 ) 172 (516 ) 4,475 Real estate-mortgage 1,260 (73 ) 25 89 1,301 Consumer 136 (58 ) 13 54 145 Allocation for general risk 979 - - (4 ) 975 Total $ 10,104 $ (269 ) $ 315 $ - $ 10,150
Summary of Primary Segments of Loan Portfolio	At June 30, 2015 Loans: Commercial Commercial Real Estate- Consumer Allocation for Total Individually evaluated for impairment $ 406 $ 776 $ — $ — $ 1,182 Collectively evaluated for impairment 155,053 426,398 259,144 20,073 860,668 Total loans $ 155,459 $ 427,174 $ 259,144 $ 20,073 $ 861,850 Allowance for loan losses: Specific reserve allocation $ 102 $ 512 $ — $ — $ — $ 614 General reserve allocation 3,069 3,628 1,321 201 884 9,103 Total allowance for loan losses $ 3,171 $ 4,140 $ 1,321 $ 201 $ 884 $ 9,717 At December 31, 2014 Loans: Commercial Commercial Real Estate- Consumer Allocation for Total Individually evaluated for impairment $ — $ 989 $ — $ — $ 989 Collectively evaluated for impairment 139,126 409,340 258,616 19,009 826,091 Total loans $ 139,126 $ 410,329 $ 258,616 $ 19,009 $ 827,080 Allowance for loan losses: Specific reserve allocation $ — $ 520 $ — $ - $ — $ 520 General reserve allocation 3,262 3,382 1,310 190 959 9,103 Total allowance for loan losses $ 3,262 $ 3,902 $ 1,310 $ 190 $ 959 $ 9,623
Impaired Loans by Class	June 30, 2015 Impaired Loans with Impaired Total Impaired Loans Recorded Related Recorded Recorded Unpaid Commercial $ 406 $ 102 $ - $ 406 $ 406 Commercial loans secured by real estate 756 512 20 776 885 Total impaired loans $ 1,162 $ 614 $ 20 $ 1,182 $ 1,291 December 31, 2014 Impaired Loans with Impaired Total Impaired Loans Recorded Related Allowance Recorded Recorded Unpaid Commercial loans secured by real estate $ 989 $ 520 $ - $ 989 $ 1,069 Total impaired loans $ 989 $ 520 $ - $ 989 $ 1,069
Average Recorded Investment in Impaired Loans and Related Interest Income Recognized	Three months ended Six months ended 2015 2014 2015 2014 Average loan balance: Commercial $ 220 $ - $ 110 $ - Commercial loans secured by real estate 1,509 2,296 1,891 2,678 Average investment in impaired loans $ 1,729 $ 2,296 $ 2,001 $ 2,678 Interest income recognized: Commercial $ 10 $ - $ 11 $ - Commercial loans secured by real estate 5 1 11 2 Interest income recognized on a cash basis on impaired loans $ 15 $ 1 $ 22 $ 2
Loan Portfolio Summarized by Categories	June 30, 2015 Pass Special Substandard Doubtful Total Commercial $ 150,704 $ 758 $ 3,866 $ 131 $ 155,459 Commercial loans secured by real estate 421,117 2,627 3,175 255 427,174 Total $ 571,821 $ 3,385 $ 7,041 $ 386 $ 582,633 December 31, 2014 Pass Special Substandard Doubtful Total Commercial $ 132,665 $ 161 $ 6,164 $ 136 $ 139,126 Commercial loans secured by real estate 406,195 620 3,238 276 410,329 Total $ 538,860 $ 781 $ 9,402 $ 412 $ 549,455
Performing and Non-performing Outstanding Balances	June 30, 2015 Performing Non-Performing Real estate- mortgage $ 257,497 $ 1,647 Consumer 20,073 - Total $ 277,570 $ 1,647 December 31, 2014 Performing Non-Performing Real estate- mortgage $ 257,199 $ 1,417 Consumer 19,009 - Total $ 276,208 $ 1,417
Classes of Loan Portfolio by Categories	June 30, 2015 Current 30-59 60-89 90 Days Total Total 90 Days Commercial $ 153,174 $ — $ 2,285 $ — $ 2,285 $ 155,459 $ — Commercial loans secured by real estate 426,939 — — 235 235 427,174 — Real estate- mortgage 255,924 1,634 637 949 3,220 259,144 — Consumer 20,009 55 9 — 64 20,073 — Total $ 856,046 $ 1,689 $ 2,931 $ 1,184 $ 5,804 $ 861,850 $ — December 31, 2014 Current 30-59 60-89 90 Days Total Total 90 Days Commercial $ 139,126 $ — $ — $ — $ — $ 139,126 $ — Commercial loans secured by real estate 410,049 280 — — 280 410,329 — Real estate- mortgage 255,021 2,196 332 1,067 3,595 258,616 — Consumer 18,927 74 8 — 82 19,009 — Total $ 823,123 $ 2,550 $ 340 $ 1,067 $ 3,957 $ 827,080 $ —

Non-performing Assets Includi28

Non-performing Assets Including Troubled Debt Restructurings (TDR) (Tables)	6 Months Ended
	Jun. 30, 2015
Nonperforming Assets Including Troubled Debt Restructurings [Abstract]
Non-performing Assets Including TDR	June 30, 2015 December 31, 2014 Non-accrual loans Commercial 209 - Commercial loans secured by real estate $ 255 $ 778 Real estate-mortgage 1,647 1,417 Total 2,111 2,195 Other real estate owned Commercial loans secured by real estate - 384 Real estate-mortgage 126 128 Total 126 512 TDR's not in non-accrual 328 210 Total non-performing assets including TDR $ 2,565 $ 2,917 Total non-performing assets as a percent of loans, net of unearned income, and other real estate owned 0.30 % 0.35 %
Schedule of Interest Income	Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 Interest income due in accordance with original terms $ 24 $ 34 $ 48 $ 67 Interest income recorded - - - - Net reduction in interest income $ 24 $ 34 $ 48 $ 67
Schedule of TDRs	The following table details the loans modified as TDRs during the six month period ended June 30, 2015 (dollars in thousands). Loans in accrual status # of Loans Current Balance Concession Granted Commercial loan 1 $ 204 Extension of maturity date The following table details the loans modified as TDRs during the three month period ended June 30, 2014 (dollars in thousands). Loans in non-accrual status # of Loans Current Balance Concession Granted Commercial loan secured by real estate 1 $ 141 Extension of maturity date The following table details the loans modified as TDRs during the six month period ended June 30, 2014 (dollars in thousands). Loans in non-accrual status # of Loans Current Balance Concession Granted Commercial loan secured by real estate 1 $ 253 Extension of maturity date

Federal Home Loan Bank Borrow29

Federal Home Loan Bank Borrowings (Tables)	6 Months Ended
	Jun. 30, 2015
Federal Home Loan Bank Borrowings [Abstract]
Federal Home Loan Bank (FHLB) Borrowings and Advances	At June 30, 2015 Weighted Type Maturing Amount Average Rate Open Repo Plus Overnight $ 63,430 0.33 % Advances 2015 4,000 0.52 2016 12,000 0.81 2017 12,000 1.06 2018 10,000 1.51 2019 and over 8,000 1.76 Total advances 46,000 1.17 Total FHLB borrowings $ 109,430 0.68 % At December 31, 2014 Weighted Type Maturing Amount Average Rate Open Repo Plus Overnight $ 38,880 0.27 % Advances 2015 4,000 0.52 2016 12,000 0.81 2017 12,000 1.06 2018 10,000 1.51 2019 and over 4,000 1.88 Total advances 42,000 1.12 Total FHLB borrowings $ 80,880 0.71 %

Accumulated Other Comprehensi30

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Jun. 30, 2015
Accumulated Comprehensive Loss [Abstract]
Changes in Each Component of Accumulated Other Comprehensive Loss	Three months ended June 30, 2015 Three months ended June 30, 2014 Net Unrealized Gains and (Losses) on Investment Securities AFS (1) Defined Benefit Pension Items (1) Total (1) Net Unrealized Gains and (Losses) on Investment Securities AFS (1) Defined Benefit Pension Items (1) Total (1) Beginning balance $ 2,072 $ (8,313 ) $ (6,241 ) $ 1,345 $ (6,659 ) $ (5,314 ) Other comprehensive income (loss) before reclassifications (625 ) 416 (209 ) 684 — 684 Amounts reclassified from accumulated other comprehensive loss (18 ) — (18 ) (79 ) — (79 ) Net current period other comprehensive income (loss) (643 ) 416 (227 ) 605 — 605 Ending balance $ 1,429 $ (7,897 ) $ (6,468 ) $ 1,950 $ (6,659 ) $ (4,709 ) (1) Amounts in parentheses indicate debits on the Consolidated Balance Sheets. Six months ended June 30, 2015 Six months ended June 30, 2014 Net Unrealized Gains and (Losses) on Investment Securities AFS (1) Defined Benefit Pension Items (1) Total (1) Net Unrealized Gains and (Losses) on Investment Securities AFS (1) Defined Benefit Pension Items (1) Total (1) Beginning balance $ 1,843 $ (8,745 ) $ (6,902 ) $ 1,043 $ (6,918 ) $ (5,875 ) Other comprehensive income (loss) before reclassifications (396 ) 848 452 1,024 256 1,280 Amounts reclassified from accumulated other comprehensive loss (18 ) — (18 ) (117 ) 3 (114 ) Net current period other comprehensive income (loss) (414 ) 848 434 907 259 1,166 Ending balance $ 1,429 $ (7,897 ) $ (6,468 ) $ 1,950 $ (6,659 ) $ (4,709 ) (1) Amounts in parentheses indicate debits on the Consolidated Balance Sheets.
Amounts Reclassified out of Each Component of Accumulated Other Comprehensive Loss	Amount reclassified from accumulated other comprehensive loss (1) Details about accumulated other comprehensive loss components For the three months ended June 30, 2015 For the three months ended June 30, 2014 Affected line item in the statement of operations Unrealized gains and losses on sale of securities $ (28 ) $ (120 ) Net realized gains on investment securities 10 41 Provision for income tax expense $ (18 ) $ (79 ) Net of tax Total reclassifications for the period $ (18 ) $ (79 ) Net income (1) Amounts in parentheses indicate credits. Amount reclassified from accumulated other comprehensive loss (1) Details about accumulated other comprehensive loss components For the six months ended June 30, 2015 For the six months ended June 30, 2014 Affected line item in the statement of operations Unrealized gains and losses on sale of securities $ (28 ) $ (177 ) Net realized gains on investment securities 10 60 Provision for income tax expense $ (18 ) $ (117 ) Net of tax Amortization of defined benefit items (2) Amortization of prior year service cost $ — $ 5 Salaries and employee benefits — (2 ) Provision for income tax expense $ — $ 3 Net of tax Total reclassifications for the period $ (18 ) $ (114 ) Net income (1) Amounts in parentheses indicate credits. (2) These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost (see Note 16 for additional details).

Regulatory Capital (Tables)

Regulatory Capital (Tables)	6 Months Ended
	Jun. 30, 2015
Regulatory Capital [Abstract]
Summarized Regulatory Capital Ratio	At June 30, 2015 Actual For Capital Adequacy Purposes To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio Total Capital (To RWA) Consolidated $ 132,879 14.63 % $ 72,653 8.00 % $ 90,817 10.00 % AmeriServ Financial Bank 106,168 11.81 71,907 8.00 89,884 10.00 Common Equity Tier 1 Capital (To RWA) Consolidated 90,191 9.93 40,867 4.50 59,031 6.50 AmeriServ Financial Bank 95,541 10.63 40,448 4.50 58,425 6.50 Tier 1 Capital (To RWA) Consolidated 122,252 13.46 54,490 6.00 72,653 8.00 AmeriServ Financial Bank 95,541 10.63 53,930 6.00 71,907 8.00 Tier 1 Capital (To Average Assets) leverage Consolidated 122,252 11.23 43,543 4.00 54,428 5.00 AmeriServ Financial Bank 95,541 9.01 42,425 4.00 53,032 5.00 At December 31, 2014 Actual For Capital Adequacy Purposes To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio Total Capital (To RWA) Consolidated $ 131,497 14.80 % $ 71,066 8.00 % $ 88,833 10.00 % AmeriServ Financial Bank 106,084 12.07 70,305 8.00 87,881 10.00 Tier 1 Capital (To RWA) Consolidated 120,992 13.62 35,533 4.00 53,300 6.00 AmeriServ Financial Bank 95,579 10.88 35,153 4.00 52,729 6.00 Tier 1 Capital (To Average Assets) Consolidated 120,992 11.34 42,662 4.00 53,327 5.00 AmeriServ Financial Bank 95,579 9.19 41,608 4.00 52,010 5.00

Segment Results (Tables)

Segment Results (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Results [Abstract]
Schedule of Segment Results	Three months ended Six months ended June 30, June 30, 2015 June 30, 2015 2015 Total revenue Net income (loss) Total revenue Net income (loss) Total assets Retail banking $ 6,539 $ 743 $ 13,063 $ 1,402 $ 374,659 Commercial banking 4,635 1,334 9,373 2,625 595,827 Trust 2,230 396 4,397 776 5,306 Investment/Parent (912 ) (1,052 ) (1.695 ) (2,013 ) 137,142 Total $ 12,492 $ 1,421 $ 25,138 $ 2,790 $ 1,112,934 Three months ended Six months ended December 31, June 30, 2014 June 30, 2014 2014 Total revenue Net income (loss) Total revenue Net income (loss) Total assets Retail banking $ 6,470 $ 617 $ 12,587 $ 965 $ 376,009 Commercial banking 4,085 1,030 8,412 2,126 563,690 Trust 2,041 356 4,155 664 5,015 Investment/Parent (574 ) (1,024 ) (1,075 ) (1,846 ) 144,549 Total $ 12,022 $ 979 $ 24,079 $ 1,909 $ 1,089,263

Pension Benefits (Tables)

Pension Benefits (Tables)	6 Months Ended
	Jun. 30, 2015
Pension Benefits [Abstract]
Schedule of Components of Net Periodic Benefit Cost	Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 Components of net periodic benefit cost Service cost $ 400 $ 430 $ 800 $ 860 Interest cost 325 331 650 662 Expected return on plan assets (525 ) (498 ) (1,050 ) (996 ) Amortization of prior year service cost - (5 ) - (10 ) Recognized net actuarial loss 300 272 600 544 Net periodic pension cost $ 500 $ 530 $ 1,000 $ 1,060

Disclosures about Fair Value 34

Disclosures about Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosures about Fair Value Measurements [Abstract]
Schedule of Assets and Liabilities Measured on Recurring Basis	Fair Value Measurements at June 30, 2015 Using Total (Level 1) (Level 2) (Level 3) US Agency securities $ 5,936 $ - $ 5,936 $ - US Agency mortgage-backed securities 99,610 - 99,610 - Corporate bonds 17,322 - 17,322 - Fair Value Measurements at December 31, 2014 Using Total (Level 1) (Level 2) (Level 3) US Agency securities $ 5,906 $ - $ 5,906 $ - US Agency mortgage-backed securities 105,768 - 105,768 - Corporate bonds 15,436 - 15,436 -
Schedule of Assets Measured at Fair Value on Non-Recurring Basis	Fair Value Measurements at June 30, 2015 Using Total (Level 1) (Level 2) (Level 3) Impaired loans $ 567 $ - $ - $ 567 Other real estate owned 126 - - 126 Fair Value Measurements at December 31, 2014 Using Total (Level 1) (Level 2) (Level 3) Impaired loans $ 469 $ - $ - $ 469 Other real estate owned 512 - - 512 June 30, 2015 Quantitative Information About Level 3 Fair Value Measurements Fair Value Valuation Techniques Unobservable Input Range(Wgtd Ave) Impaired loans $ 567 Appraisal of collateral Appraisal adjustments(2) 0 35 30 1 15 10 Other real estate owned 126 Appraisal of collateral Appraisal adjustments(2) 0 48 38 1 20 10 December 31, 2014 Quantitative Information About Level 3 Fair Value Measurements Fair Value Valuation Techniques Unobservable Input Range(Wgtd Ave) Impaired loans $ 469 Appraisal of collateral Appraisal adjustments(2) 0 37 30 1 15 10 Other real estate owned 512 Appraisal of collateral Appraisal adjustments(2) 47 83 55 1 61 9 (1) Fair Value is generally determined through independent appraisals of the underlying collateral, which generally include various level 3 inputs which are not identifiable. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions. (3) Includes qualitative adjustments by management and estimated liquidation expenses.
Schedule of Financial Instruments	June 30, 2015 Carrying Value Fair Value (Level 1) (Level 2) (Level 3) FINANCIAL ASSETS: Cash and cash equivalents $ 26,591 $ 26,591 $ 26,591 $ - $ - Investment securities - AFS 122,868 122,868 - 122,868 - Investment securities – HTM 19,580 19,776 - 16,809 2,967 Regulatory stock 7,305 7,305 7,305 - - Loans held for sale 4,393 4,456 4,456 - - Loans, net of allowance for loan loss and unearned income 852,133 852,862 - - 852,862 Accrued interest income receivable 3,310 3,310 3,310 - - Bank owned life insurance 37,558 37,558 37,558 - - FINANCIAL LIABILITIES: Deposits with no $ 575,977 $ 575,977 $ 575,977 $ - $ - Deposits with stated maturities 286,925 289,576 - - 289,576 Short-term borrowings 63,430 63,430 63,430 - - All other borrowings 59,085 62,811 - - 62,811 Accrued interest payable 1,451 1,451 1,451 - - December 31, 2014 Carrying Value Fair Value (Level 1) (Level 2) (Level 3) FINANCIAL ASSETS: Cash and cash equivalents $ 32,872 $ 32,872 $ 32,872 $ - $ - Investment securities - AFS 127,110 127,110 - 127,110 - Investment securities – HTM 19,840 20,213 - 17,241 2,972 Regulatory stock 6,173 6,173 6,173 - - Loans held for sale 5,051 5,127 5,127 - - Loans, net of allowance for loan loss and unearned income 817,457 819,935 - - 819,935 Accrued interest income receivable 3,127 3,127 3,127 - - Bank owned life insurance 37,417 37,417 37,417 - - FINANCIAL LIABILITIES: Deposits with no stated maturities $ 568,625 $ 568,625 $ 568,625 $ - $ - Deposits with stated maturities 301,256 304,744 - - 304,744 Short-term borrowings 38,880 38,880 38,880 - - All other borrowings 55,085 59,256 - - 59,256 Accrued interest payable 1,706 1,706 1,706 - -

Principles of Consolidation (De

Principles of Consolidation (Details) - Jun. 30, 2015 $ in Billions	USD ($)
Principles of Consolidation [Abstract]
Number of locations	17
Trust and financial services and administers assets	$ 1.9

Earnings Per Common Share (Summ

Earnings Per Common Share (Summary of Earnings Per Common Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Numerator:
Net income	$ 1,421	$ 979	$ 2,790	$ 1,909
Preferred stock dividends	(52)	(52)	(105)	(105)
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS	$ 1,369	$ 927	$ 2,685	$ 1,804
Denominator:
Weighted average common shares outstanding (basic)	18,859	18,795	18,855	18,790
Effect of stock options	82	141	68	130
Weighted average common shares outstanding (diluted)	18,941	18,936	18,923	18,920
Earnings per common share:
Basic	$ 0.07	$ 0.05	$ 0.14	$ 0.10
Diluted	$ 0.07	$ 0.05	$ 0.14	$ 0.10

Earnings Per Common Share (Narr

Earnings Per Common Share (Narrative) (Details) - Options and Warrants [Member] - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares not included in computation of earnings per common share	179,304	3,625
Minimum [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Exercise price of common shares	$ 3.18	$ 4.60
Maximum [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Exercise price of common shares	$ 4.70	$ 5.22

Consolidated Statement of Cas38

Consolidated Statement of Cash Flows (Details) - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
CONSOLIDATED STATEMENTS OF CASH FLOWS [Abstract]
Income tax payments	$ 878,000	$ 558,000
Total interest payments	3,453,000	3,475,000
Non-cash transfers to other real estate owned	$ 132,000	$ 6,000

Investment Securities (Summary

Investment Securities (Summary of Cost Basis and Fair Values of Investment Securities) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Available-For-Sale-Securities-And-Held-To-Maturity-Securities
Investment securities available for sale, Cost Basis	$ 120,702	$ 124,316
Investment securities available for sale, Gross Unrealized Gains	2,758	3,279
Investment securities available for sale, Gross Unrealized Losses	(592)	(485)
Available for Sale, Fair Value, Total	122,868	127,110
Investment securities held to maturity, Cost Basis	19,580	19,840
Investment securities held to maturity, Gross Unrealized Gains	374	475
Investment securities held to maturity, Gross Unrealized Losses	(178)	(102)
Held to Maturity, Fair Value, Total	19,776	20,213
U.S. Agency [Member]
Available-For-Sale-Securities-And-Held-To-Maturity-Securities
Investment securities available for sale, Cost Basis	5,933	5,931
Investment securities available for sale, Gross Unrealized Gains	22	21
Investment securities available for sale, Gross Unrealized Losses	(19)	(46)
Available for Sale, Fair Value, Total	5,936	5,906
U.S. Agency mortgage-backed securities [Member]
Available-For-Sale-Securities-And-Held-To-Maturity-Securities
Investment securities available for sale, Cost Basis	97,265	102,888
Investment securities available for sale, Gross Unrealized Gains	2,708	3,197
Investment securities available for sale, Gross Unrealized Losses	(363)	(317)
Available for Sale, Fair Value, Total	99,610	105,768
Investment securities held to maturity, Cost Basis	11,680	12,481
Investment securities held to maturity, Gross Unrealized Gains	304	395
Investment securities held to maturity, Gross Unrealized Losses	(73)	(50)
Held to Maturity, Fair Value, Total	11,911	12,826
Corporate bonds [Member]
Available-For-Sale-Securities-And-Held-To-Maturity-Securities
Investment securities available for sale, Cost Basis	17,504	15,497
Investment securities available for sale, Gross Unrealized Gains	28	61
Investment securities available for sale, Gross Unrealized Losses	(210)	(122)
Available for Sale, Fair Value, Total	17,322	15,436
Taxable Municipal [Member]
Available-For-Sale-Securities-And-Held-To-Maturity-Securities
Investment securities held to maturity, Cost Basis	3,905	3,364
Investment securities held to maturity, Gross Unrealized Gains	70	74
Investment securities held to maturity, Gross Unrealized Losses	(52)	(24)
Held to Maturity, Fair Value, Total	3,923	3,414
Corporate bonds and other securities [Member]
Available-For-Sale-Securities-And-Held-To-Maturity-Securities
Investment securities held to maturity, Cost Basis	$ 3,995	3,995
Investment securities held to maturity, Gross Unrealized Gains		6
Investment securities held to maturity, Gross Unrealized Losses	$ (53)	(28)
Held to Maturity, Fair Value, Total	$ 3,942	$ 3,973

Investment Securities (Informat

Investment Securities (Information Concerning Investments with Unrealized Losses) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Information concerning investments with unrealized losses
Less than 12 months, Fair Value	$ 26,480	$ 6,932
Less than 12 months, Unrealized Losses	(303)	(61)
12 months or longer, Fair Value	24,148	33,145
12 months or longer, Unrealized Losses	(467)	(526)
Total, Fair Value	50,628	40,077
Total, Unrealized Losses	$ (770)	(587)
U.S. Agency [Member]
Information concerning investments with unrealized losses
Less than 12 months, Fair Value		996
Less than 12 months, Unrealized Losses		(4)
12 months or longer, Fair Value	$ 2,881	2,858
12 months or longer, Unrealized Losses	(19)	(42)
Total, Fair Value	2,881	3,854
Total, Unrealized Losses	(19)	(46)
U.S. Agency mortgage-backed securities [Member]
Information concerning investments with unrealized losses
Less than 12 months, Fair Value	16,974	2,826
Less than 12 months, Unrealized Losses	(118)	(13)
12 months or longer, Fair Value	12,400	20,408
12 months or longer, Unrealized Losses	(318)	(354)
Total, Fair Value	29,374	23,234
Total, Unrealized Losses	(436)	(367)
Taxable Municipal [Member]
Information concerning investments with unrealized losses
Less than 12 months, Fair Value	2,644	150
Less than 12 months, Unrealized Losses	$ (52)	(1)
12 months or longer, Fair Value		988
12 months or longer, Unrealized Losses		(23)
Total, Fair Value	$ 2,644	1,138
Total, Unrealized Losses	(52)	(24)
Corporate bonds and other securities [Member]
Information concerning investments with unrealized losses
Less than 12 months, Fair Value	6,862	2,960
Less than 12 months, Unrealized Losses	(133)	(43)
12 months or longer, Fair Value	8,867	8,891
12 months or longer, Unrealized Losses	(130)	(107)
Total, Fair Value	15,729	11,851
Total, Unrealized Losses	$ (263)	$ (150)

Investment Securities (Contract

Investment Securities (Contractual Maturities of Securities) (Details) - Major Types of Debt Securities [Domain] - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Contractual maturities of securities
Available for Sale, Cost Basis, Within 1 year	$ 2,000
Available for Sale, Cost Basis, After 1 year but within 5 years	14,302
Available for Sale, Cost Basis, After 5 years but within 10 years	20,743
Available for Sale, Cost Basis, After 10 years but within15 years	50,945
Available for Sale, Cost Basis, Over 15 years	32,712
Available for Sale, Cost Basis, Total	120,702
Available for Sale, Fair Value, Within 1 year	2,007
Available for Sale, Fair Value, After 1 year but within 5 years	14,331
Available for Sale, Fair Value, After 5 years but within 10 years	21,008
Available for Sale, Fair Value, After 10 years but within15 years	51,947
Available for Sale, Fair Value, Over 15 years	33,575
Available for Sale, Fair Value, Total	122,868	$ 127,110
Held to Maturity, Cost Basis, Within 1 year	999
Held to Maturity, Cost Basis, After 1 year but within 5 years	2,000
Held to Maturity, Cost Basis, After 5 years but within 10 years	4,782
Held to Maturity, Cost Basis, After 10 years but within 15 years	560
Held to Maturity, Cost Basis, Over 15 years	11,239
Held to Maturity, Cost Basis, Total	19,580	19,840
Held to Maturity, Fair Value, Within 1 year	1,000
Held to Maturity, Fair Value, After 1 year but within 5 years	1,967
Held to Maturity, Fair Value, After 5 years but within 10 years	4,749
Held to Maturity, Fair Value, After 10 years but within 15 years	546
Held to Maturity, Fair Value, Over 15 years	11,514
Held to Maturity, Fair Value, Total	$ 19,776	$ 20,213

Investment Securities (Narrativ

Investment Securities (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Investment [Line Items]
Gross investment gains	$ 28,000	$ 120,000	$ 28,000	$ 182,000
Gross investment losses				5,000
Investment Securities:
Consolidated investment securities portfolio modified, years			2 years 9 months 18 days
Proceeds from sales of investment securities - available for sale	519,000	$ 2,500,000	$ 519,000	$ 5,242,000
Book value of securities available for sale and held to maturity	$ 98,457,000		$ 98,457,000		$ 104,780,000
Positions considered temporarily impaired	51		51
Standard & Poor's, AAA Rating [Member]
Investment [Line Items]
Portfolio rated	81.90%		81.90%		84.10%
Standard & Poor's, A Rating [Member]
Investment [Line Items]
Portfolio rated	3.90%		3.90%

Loans (Summary of Loan Portfoli

Loans (Summary of Loan Portfolio) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, net of unearned income	$ 861,850	$ 827,080
Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, net of unearned income	155,459	139,126
Commercial loans secured by real estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, net of unearned income	427,174	410,329
Real estate-mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, net of unearned income	259,144	258,616
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, net of unearned income	$ 20,073	$ 19,009

Loans (Narative) (Details)

Loans (Narative) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Financing Receivable, Impaired [Line Items]
Real estate-construction loans, percentage	2.90%	3.50%
Loan balances net of unearned income	$ 635	$ 554

Allowance for Loan Losses (Roll

Allowance for Loan Losses (Rollforward of the Allowance for Loan Losses by Portfolio Segment) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at beginning of period	$ 9,689	$ 10,109	$ 9,623	$ 10,104
Charge-offs	(219)	(52)	(490)	(269)
Recoveries	47	$ 93	134	$ 315
Provision (Credit)	200		450
Balance at end of period	9,717	$ 10,150	9,717	$ 10,150
Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at beginning of period	$ 3,157	$ 3,065	3,262	2,844
Charge-offs			(121)	(72)
Recoveries	$ 8	$ 55	14	105
Provision (Credit)	6	134	16	377
Balance at end of period	3,171	3,254	3,171	3,254
Commercial loans secured by real estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at beginning of period	4,087	$ 4,662	3,902	4,885
Charge-offs	(15)		(15)	(66)
Recoveries	9	$ 19	51	172
Provision (Credit)	59	(206)	202	(516)
Balance at end of period	4,140	4,475	4,140	4,475
Real estate-mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at beginning of period	1,304	1,273	1,310	1,260
Charge-offs	(188)	(30)	(291)	(73)
Recoveries	25	11	55	25
Provision (Credit)	180	47	247	89
Balance at end of period	1,321	1,301	1,321	1,301
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at beginning of period	191	139	190	136
Charge-offs	(16)	(22)	(63)	(58)
Recoveries	5	8	14	13
Provision (Credit)	21	20	60	54
Balance at end of period	201	145	201	145
Allocation for general risk [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Balance at beginning of period	$ 950	$ 970	$ 959	$ 979
Charge-offs
Recoveries
Provision (Credit)	$ (66)	$ 5	$ (75)	$ (4)
Balance at end of period	$ 884	$ 975	$ 884	$ 975

Allowance for Loan Losses (Summ

Allowance for Loan Losses (Summary of Primary Segments of Loan Portfolio) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	$ 1,182		$ 989
Collectively evaluated for impairment	860,668		826,091
Total Loans	861,850		827,080
Specific reserve allocation	614		520
General reserve allocation	9,103		9,103
Total allowance for loan losses	9,717	$ 9,689	$ 9,623	$ 10,150	$ 10,109	$ 10,104
Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	406
Collectively evaluated for impairment	155,053		$ 139,126
Total Loans	155,459		$ 139,126
Specific reserve allocation	102
General reserve allocation	3,069		$ 3,262
Total allowance for loan losses	3,171	3,157	3,262	3,254	3,065	2,844
Commercial loans secured by real estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment	776		989
Collectively evaluated for impairment	426,398		409,340
Total Loans	427,174		410,329
Specific reserve allocation	512		520
General reserve allocation	3,628		3,382
Total allowance for loan losses	$ 4,140	4,087	$ 3,902	4,475	4,662	4,885
Real estate-mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment
Collectively evaluated for impairment	$ 259,144		$ 258,616
Total Loans	$ 259,144		$ 258,616
Specific reserve allocation
General reserve allocation	$ 1,321		$ 1,310
Total allowance for loan losses	$ 1,321	1,304	$ 1,310	1,301	1,273	1,260
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individually evaluated for impairment
Collectively evaluated for impairment	$ 20,073		$ 19,009
Total Loans	$ 20,073		$ 19,009
Specific reserve allocation
General reserve allocation	$ 201		$ 190
Total allowance for loan losses	$ 201	191	$ 190	145	139	136
Allocation for general risk [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Specific reserve allocation
General reserve allocation	$ 884		$ 959
Total allowance for loan losses	$ 884	$ 950	$ 959	$ 975	$ 970	$ 979

Allowance for Loan Losses (Impa

Allowance for Loan Losses (Impaired Loans by Class) (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	$ 1,182,000	$ 989,000
Related Allowance	614,000	520,000
Unpaid Principal Balance	1,291,000	1,069,000
Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	406,000
Unpaid Principal Balance	406,000
Commercial loans secured by real estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	776,000	989,000
Unpaid Principal Balance	885,000	1,069,000
Impaired Loans with Specific Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	1,162,000	989,000
Related Allowance	614,000	520,000
Impaired Loans with Specific Allowance [Member] | Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	406,000
Related Allowance	102,000
Impaired Loans with Specific Allowance [Member] | Commercial loans secured by real estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	756,000	989,000
Related Allowance	512,000	$ 520,000
Impaired Loans with No Specific Allowance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	$ 20,000
Impaired Loans with No Specific Allowance [Member] | Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment
Impaired Loans with No Specific Allowance [Member] | Commercial loans secured by real estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	$ 20,000

Allowance for Loan Losses (Aver

Allowance for Loan Losses (Average Recorded Investment in Impaired Loans and Related Interest Income Recognized) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Average recorded investment in impaired loans and related interest income recognized
Average investment in impaired loans	$ 1,729	$ 2,296	$ 2,001	$ 2,678
Interest income recognized:
Interest income recognized on a cash basis on impaired loans	15	$ 1	22	$ 2
Commercial [Member]
Average recorded investment in impaired loans and related interest income recognized
Average investment in impaired loans	220		110
Interest income recognized:
Interest income recognized on a cash basis on impaired loans	10		11
Commercial loans secured by real estate [Member]
Average recorded investment in impaired loans and related interest income recognized
Average investment in impaired loans	1,509	$ 2,296	1,891	$ 2,678
Interest income recognized:
Interest income recognized on a cash basis on impaired loans	$ 5	$ 1	$ 11	$ 2

Allowance for Loan Losses (Loan

Allowance for Loan Losses (Loan Portfolio Summarized by Categories) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	$ 582,633	$ 549,455
Commercial [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	155,459	139,126
Commercial loans secured by real estate [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	427,174	410,329
Pass [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	571,821	538,860
Pass [Member] | Commercial [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	150,704	132,665
Pass [Member] | Commercial loans secured by real estate [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	421,117	406,195
Special Mention [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	3,385	781
Special Mention [Member] | Commercial [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	758	161
Special Mention [Member] | Commercial loans secured by real estate [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	2,627	620
Substandard [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	7,041	9,402
Substandard [Member] | Commercial [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	3,866	6,164
Substandard [Member] | Commercial loans secured by real estate [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	3,175	3,238
Doubtful [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	386	412
Doubtful [Member] | Commercial [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	131	136
Doubtful [Member] | Commercial loans secured by real estate [Member]
Loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard and Doubtful within the internal risk rating system
Loan portfolio	$ 255	$ 276

Allowance for Loan Losses (Perf

Allowance for Loan Losses (Performing and Non-performing Outstanding Balances) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Performing [Member]
Performing and non-performing outstanding balances of the residential and consumer portfolios
Outstanding balance of consumer loan	$ 277,570	$ 276,208
Performing [Member] | Real estate-mortgage [Member]
Performing and non-performing outstanding balances of the residential and consumer portfolios
Outstanding balance of consumer loan	257,497	257,199
Performing [Member] | Consumer [Member]
Performing and non-performing outstanding balances of the residential and consumer portfolios
Outstanding balance of consumer loan	20,073	19,009
Non-Performing [Member]
Performing and non-performing outstanding balances of the residential and consumer portfolios
Outstanding balance of consumer loan	1,647	1,417
Non-Performing [Member] | Real estate-mortgage [Member]
Performing and non-performing outstanding balances of the residential and consumer portfolios
Outstanding balance of consumer loan	$ 1,647	$ 1,417
Non-Performing [Member] | Consumer [Member]
Performing and non-performing outstanding balances of the residential and consumer portfolios
Outstanding balance of consumer loan

Allowance for Loan Losses (Clas

Allowance for Loan Losses (Classes of Loan Portfolio by Categories) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Current	$ 856,046	$ 823,123
Past Due	5,804	3,957
Total Loans	$ 861,850	$ 827,080
90 Days Past Due and Still Accruing
30-59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	$ 1,689	$ 2,550
60-89 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	2,931	340
90 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	1,184	1,067
Commercial [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Current	153,174	$ 139,126
Past Due	2,285
Total Loans	$ 155,459	$ 139,126
90 Days Past Due and Still Accruing
Commercial [Member] | 30-59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due
Commercial [Member] | 60-89 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	$ 2,285
Commercial [Member] | 90 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due
Commercial loans secured by real estate [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Current	$ 426,939	$ 410,049
Past Due	235	280
Total Loans	$ 427,174	$ 410,329
90 Days Past Due and Still Accruing
Commercial loans secured by real estate [Member] | 30-59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due		$ 280
Commercial loans secured by real estate [Member] | 60-89 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due
Commercial loans secured by real estate [Member] | 90 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	$ 235
Real estate-mortgage [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Current	255,924	$ 255,021
Past Due	3,220	3,595
Total Loans	$ 259,144	$ 258,616
90 Days Past Due and Still Accruing
Real estate-mortgage [Member] | 30-59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	$ 1,634	$ 2,196
Real estate-mortgage [Member] | 60-89 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	637	332
Real estate-mortgage [Member] | 90 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	949	1,067
Consumer [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Current	20,009	18,927
Past Due	64	82
Total Loans	$ 20,073	$ 19,009
90 Days Past Due and Still Accruing
Consumer [Member] | 30-59 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	$ 55	$ 74
Consumer [Member] | 60-89 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due	$ 9	$ 8
Consumer [Member] | 90 Days Past Due [Member]
Classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans
Past Due

Allowance for Loan Losses (Narr

Allowance for Loan Losses (Narrative) (Details) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2015	Jun. 30, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Individual loan balance is classified as nonaccrual status or troubled debt restructure	$ 100,000	$ 100,000
Provision for loan losses	(200,000)	(450,000)
Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Threshold for individually evaluating loans	250,000	250,000
Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum individual loan balance requiring quarterly review	1,000,000	1,000,000
Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum individual loan balance requiring quarterly review	250,000	250,000
Doubtful [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum individual loan balance requiring quarterly review	$ 100,000	$ 100,000
Minimum [Member] | Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum percent of portfolio to be reviewed		50.00%
Maximum [Member] | Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum percent of portfolio to be reviewed		55.00%

Non-performing Assets Includi53

Non-performing Assets Including Troubled Debt Restructurings (Non-performing Assets Including TDR) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Non-performing assets including TDR
Non-accrual loans	$ 2,111	$ 2,195
Other real estate owned	126	512
TDR's not in non-accrual	328	210
Total non-performing assets including TDR	$ 2,565	$ 2,917
Total non-performing assets as a percent of loans, net of unearned income, and other real estate owned	0.30%	0.35%
Commercial [Member]
Non-performing assets including TDR
Non-accrual loans	$ 209
Commercial loans secured by real estate [Member]
Non-performing assets including TDR
Non-accrual loans	$ 255	$ 778
Other real estate owned		384
Real estate-mortgage [Member]
Non-performing assets including TDR
Non-accrual loans	$ 1,647	1,417
Other real estate owned	$ 126	$ 128

Non-performing Assets Includi54

Non-performing Assets Including Troubled Debt Restructurings (Schedule of Interest Income) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Schedule of Interest Income
Interest income due in accordance with original terms	$ 24	$ 34	$ 48	$ 67
Interest income recorded
Net reduction in interest income	$ 24	$ 34	$ 48	$ 67

Non-performing Assets Includi55

Non-performing Assets Including Troubled Debt Restructurings (Schedule of TDRs) (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)
Loans in accrual status [Member] | Commercial [Member]
Schedule of TDRs
Number of loans		1
Current Balance		$ 204
Concession Granted		Extension of maturity date
Loans in non-accrual status [Member] | Commercial loans secured by real estate [Member]
Schedule of TDRs
Number of loans	1		1
Current Balance	$ 141		$ 253
Concession Granted	Extension of maturity date		Extension of maturity date

Non-performing Assets Includi56

Non-performing Assets Including Troubled Debt Restructurings (Narrative) (Details) - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Nonperforming Assets Including Troubled Debt Restructurings [Abstract]
Aggregate of multiple consecutive maturity date extensions delay in payment, days	120 days
Timely payments on contract terms for minimum consecutive months prior to consideration for removing loan from TDR status	6 months
Minimum consecutive months payment for removing the loan from non-accrual status	6 months
ALL reserve for TDR's	$ 542,000	$ 365,000

Federal Home Loan Bank Borrow57

Federal Home Loan Bank Borrowings (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Federal Home Loan Bank (FHLB) borrowings and advances
Open Repo Plus, Maturing Overnight, Amount	$ 63,430	$ 38,880
Advances, Maturing 2015, Amount	4,000	4,000
Advances, Maturing 2016, Amount	12,000	12,000
Advances, Maturing 2017, Amount	12,000	12,000
Advances, Maturing 2018, Amount	10,000	10,000
Advances, Maturing 2019 and over, Amount	8,000	4,000
Advances from Federal Home Loan Bank	46,000	42,000
Total FHLB borrowings, Amount	$ 109,430	$ 80,880
Open Repo Plus Maturity Overnight, Weighted Average Rate	0.33%	0.27%
Advances Maturing 2015, Weighted Average Rate	0.52%	0.52%
Advances Maturing 2016, Weighted Average Rate	0.81%	0.81%
Advances Maturing 2017, Weighted Average Rate	1.06%	1.06%
Advances Maturing 2018, Weighted Average Rate	1.51%	1.51%
Advances Maturing 2019 and over, Weighted Average Rate	1.76%	1.88%
Total advances, Weighted Average Rate	1.17%	1.12%
Aggregate FHLB borrowings, Weighted Average Rate	0.68%	0.71%

Preferred Stock (Details)

Preferred Stock (Details) - Series E Preferred Stock [Member] - USD ($) $ in Millions	1 Months Ended	6 Months Ended
	Aug. 11, 2011	Jun. 30, 2015
Temporary Equity [Line Items]
Shares of stock issued	21,000
Value of stock issued	$ 21
Dividend rate		9.00%
Minimum Tier 1 capital required to pay dividends		90.00%
Redemption price, percent of liquidation amount		100.00%

Accumulated Other Comprehensi59

Accumulated Other Comprehensive Loss (Changes in Each Component of Accumulated Other Comprehensive Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accumulated Other Comprehensive Loss [Line Items]
Beginning Balance	$ (6,241)	$ (5,314)	$ (6,902)	$ (5,875)
Other comprehensive income (loss) before reclassifications	(209)	684	452	1,280
Amounts reclassified from accumulated other comprehensive loss	(18)	(79)	(18)	(114)
Net current period other comprehensive income (loss)	(227)	605	434	1,166
Ending Balance	(6,468)	(4,709)	(6,468)	(4,709)
Net Unrealized Gains and Losses on Investment Securities [Member]
Accumulated Other Comprehensive Loss [Line Items]
Beginning Balance	2,072	1,345	1,843	1,043
Other comprehensive income (loss) before reclassifications	(625)	684	(396)	1,024
Amounts reclassified from accumulated other comprehensive loss	(18)	(79)	(18)	(117)
Net current period other comprehensive income (loss)	(643)	605	(414)	907
Ending Balance	1,429	1,950	1,429	1,950
Defined Benefit Pension Items [Member]
Accumulated Other Comprehensive Loss [Line Items]
Beginning Balance	(8,313)	$ (6,659)	(8,745)	(6,918)
Other comprehensive income (loss) before reclassifications	$ 416		$ 848	256
Amounts reclassified from accumulated other comprehensive loss				3
Net current period other comprehensive income (loss)	$ 416		$ 848	259
Ending Balance	$ (7,897)	$ (6,659)	$ (7,897)	$ (6,659)

Accumulated Other Comprehensi60

Accumulated Other Comprehensive Loss (Amounts Reclassified out of Each Component of Accumulated Other Comprehensive Loss) (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Unrealized gains and losses on sale of securities:
Net realized gains on available for sale securities		$ (28)	$ (120)	$ (28)	$ (177)
Provision for income tax expense		10	41	10	60
Net of tax		(18)	(79)	$ (18)	(117)
Amortization of defined benefit items
Amortization of prior year service cost	[1]				5
Provision for income tax expense	[1]				(2)
Net of tax	[1]				3
Total reclassifications for the period		$ (18)	$ (79)	$ (18)	$ (114)
[1]	These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost (see Note 16 for additional details).

Regulatory Capital (Details)

Regulatory Capital (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Summarized regulatory capital ratio of company
Tangible common equity ratio	7.66%
Consolidated [Member]
Summarized regulatory capital ratio of company
Total Capital (To RWA), Actual Amount	$ 132,879	$ 131,497
Total Capital (To RWA), Actual Ratio	14.63%	14.80%
Total Capital (To RWA), For Capital Adequacy Purposes Amount	$ 72,653	$ 71,066
Total Capital (To RWA), For Capital Adequacy Purposes Ratio	8.00%	8.00%
Total Capital (To RWA), To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 90,817	$ 88,833
Total Capital (To RWA), To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	10.00%	10.00%
Common Equity Tier 1 Capital (To RWA), Actual Amount	$ 90,191
Common Equity Tier 1 Capital (To RWA), Actual Ratio	9.93%
Common Equity Tier 1 Capital (To RWA), For Capital Adequacy Purposes Amount	$ 40,867
Common Equity Tier 1 Capital (To RWA), For Capital Adequacy Purposes Ratio	4.50%
Common Equity Tier 1 Capital (To RWA), To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 59,031
Common Equity Tier 1 Capital (To RWA), To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	6.50%
Tier 1 Capital (To RWA), Actual Amount	$ 122,252	$ 120,992
Tier 1 Capital (To RWA), Actual Ratio	13.46%	13.62%
Tier 1 Capital (To RWA), For Capital Adequacy Purposes Amount	$ 54,490	$ 35,533
Tier 1 Capital (To RWA), For Capital Adequacy Purposes Ratio	6.00%	4.00%
Tier 1 Capital (To RWA), To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 72,653	$ 53,300
Tier 1 Capital (To RWA), To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	8.00%	6.00%
Tier 1 Capital (To Average Assets), Actual Amount	$ 122,252	$ 120,992
Tier 1 Capital (To Average Assets), Actual Ratio	11.23%	11.34%
Tier 1 Capital (To Average Assets), For Capital Adequacy Purposes Amount	$ 43,543	$ 42,662
Tier 1 Capital (To Average Assets), For Capital Adequacy Purposes Ratio	4.00%	4.00%
Tier 1 Capital (To Average Assets), To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 54,428	$ 53,327
Tier 1 Capital (To Average Assets), To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	5.00%	5.00%
AmeriServ Financial Bank [Member]
Summarized regulatory capital ratio of company
Total Capital (To RWA), Actual Amount	$ 106,168	$ 106,084
Total Capital (To RWA), Actual Ratio	11.81%	12.07%
Total Capital (To RWA), For Capital Adequacy Purposes Amount	$ 71,907	$ 70,305
Total Capital (To RWA), For Capital Adequacy Purposes Ratio	8.00%	8.00%
Total Capital (To RWA), To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 89,884	$ 87,881
Total Capital (To RWA), To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	10.00%	10.00%
Common Equity Tier 1 Capital (To RWA), Actual Amount	$ 95,541
Common Equity Tier 1 Capital (To RWA), Actual Ratio	10.63%
Common Equity Tier 1 Capital (To RWA), For Capital Adequacy Purposes Amount	$ 40,448
Common Equity Tier 1 Capital (To RWA), For Capital Adequacy Purposes Ratio	4.50%
Common Equity Tier 1 Capital (To RWA), To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 58,425
Common Equity Tier 1 Capital (To RWA), To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	6.50%
Tier 1 Capital (To RWA), Actual Amount	$ 95,541	$ 95,579
Tier 1 Capital (To RWA), Actual Ratio	10.63%	10.88%
Tier 1 Capital (To RWA), For Capital Adequacy Purposes Amount	$ 53,930	$ 35,153
Tier 1 Capital (To RWA), For Capital Adequacy Purposes Ratio	6.00%	4.00%
Tier 1 Capital (To RWA), To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 71,907	$ 52,729
Tier 1 Capital (To RWA), To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	8.00%	6.00%
Tier 1 Capital (To Average Assets), Actual Amount	$ 95,541	$ 95,579
Tier 1 Capital (To Average Assets), Actual Ratio	9.01%	9.19%
Tier 1 Capital (To Average Assets), For Capital Adequacy Purposes Amount	$ 42,425	$ 41,608
Tier 1 Capital (To Average Assets), For Capital Adequacy Purposes Ratio	4.00%	4.00%
Tier 1 Capital (To Average Assets), To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 53,032	$ 52,010
Tier 1 Capital (To Average Assets), To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	5.00%	5.00%

Segment Results (Details)

Segment Results (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Contribution of segments to the consolidated results of operations
Total revenue	$ 12,492,000	$ 12,022,000	$ 25,138,000	$ 24,079,000
Net income (loss)	1,421,000	979,000	2,790,000	1,909,000
Total assets	1,112,934,000		1,112,934,000		$ 1,089,263,000
Retail Banking [Member]
Contribution of segments to the consolidated results of operations
Total revenue	6,539,000	6,470,000	13,063,000	12,587,000
Net income (loss)	743,000	617,000	1,402,000	965,000
Total assets	374,659,000		374,659,000		376,009,000
Commercial Banking [Member]
Contribution of segments to the consolidated results of operations
Total revenue	4,635,000	4,085,000	9,373,000	8,412,000
Net income (loss)	1,334,000	1,030,000	2,625,000	2,126,000
Total assets	595,827,000		595,827,000		563,690,000
Trust [Member]
Contribution of segments to the consolidated results of operations
Total revenue	2,230,000	2,041,000	4,397,000	4,155,000
Net income (loss)	396,000	356,000	776,000	664,000
Total assets	5,306,000		5,306,000		5,015,000
Investment/ Parent [Member]
Contribution of segments to the consolidated results of operations
Total revenue	(912,000)	(574,000)	(1,695)	(1,075,000)
Net income (loss)	(1,052,000)	$ (1,024,000)	(2,013,000)	$ (1,846,000)
Total assets	$ 137,142,000		$ 137,142,000		$ 144,549,000

Commitments and Contingent Li63

Commitments and Contingent Liabilities (Details) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Commitments to extend credit [Member]
Loss Contingencies [Line Items]
Amount of commitment	$ 180.3	$ 188
Standby letters of credit [Member]
Loss Contingencies [Line Items]
Amount of commitment	$ 7.7	$ 7.2

Pension Benefits (Net Periodic

Pension Benefits (Net Periodic Pension Cost) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net periodic pension cost
Service cost	$ 400	$ 430	$ 800	$ 860
Interest cost	325	331	650	662
Expected return on plan assets	$ (525)	(498)	$ (1,050)	(996)
Amortization of prior year service cost		(5)		(10)
Recognized net actuarial loss	$ 300	272	$ 600	544
Net periodic pension cost	$ 500	$ 530	$ 1,000	$ 1,060

Pension Benefits (Narrative) (D

Pension Benefits (Narrative) (Details) - Jun. 30, 2015 - Pension Plans, Defined Benefit [Member]	Total
Pension Benefits [Line Items]
Minimum number of annual hours	1,000
Vesting term	5 years
Maximum percent of plan assets comprised of AmeriServ Financial, Inc. common stock	10.00%

Disclosures about Fair Value 66

Disclosures about Fair Value Measurements (Assets and Liabilities Measured on Recurring Basis) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	$ 122,868	$ 127,110
U.S. Agency Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	5,936	5,906
U.S. Agency mortgage-backed securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	99,610	105,768
Corporate Bond Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	$ 17,322	$ 15,436
Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale
Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	$ 122,868	$ 127,110
Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale
Fair Value Measurements, Recurring Basis [Member] | U.S. Agency Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	$ 5,936	$ 5,906
Fair Value Measurements, Recurring Basis [Member] | U.S. Agency mortgage-backed securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	99,610	105,768
Fair Value Measurements, Recurring Basis [Member] | Corporate Bond Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	$ 17,322	$ 15,436
Fair Value Measurements, Recurring Basis [Member] | Level 1 [Member] | U.S. Agency Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale
Fair Value Measurements, Recurring Basis [Member] | Level 1 [Member] | U.S. Agency mortgage-backed securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale
Fair Value Measurements, Recurring Basis [Member] | Level 1 [Member] | Corporate Bond Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale
Fair Value Measurements, Recurring Basis [Member] | Level 2 [Member] | U.S. Agency Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	$ 5,936	$ 5,906
Fair Value Measurements, Recurring Basis [Member] | Level 2 [Member] | U.S. Agency mortgage-backed securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	99,610	105,768
Fair Value Measurements, Recurring Basis [Member] | Level 2 [Member] | Corporate Bond Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale	$ 17,322	$ 15,436
Fair Value Measurements, Recurring Basis [Member] | Level 3 [Member] | U.S. Agency Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale
Fair Value Measurements, Recurring Basis [Member] | Level 3 [Member] | U.S. Agency mortgage-backed securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale
Fair Value Measurements, Recurring Basis [Member] | Level 3 [Member] | Corporate Bond Securities [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale

Disclosures about Fair Value 67

Disclosures about Fair Value Measurements (Assets Measured at Fair Value on Non-Recurring Basis) (Details) - USD ($) $ in Thousands		6 Months Ended	12 Months Ended
		Jun. 30, 2015	Dec. 31, 2014
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying value of impaired loans		$ 1,182	$ 989
Fair Value Measurements, Nonrecurring Basis [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other real estate owned		126	512
Carrying value of impaired loans		$ 567	$ 469
Fair Value Measurements, Nonrecurring Basis [Member] | Impaired Loans [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liquidation expenses		10.00%	10.00%
Valuation Techniques	[1],[2]	Appraisal of collateral	Appraisal of collateral
Appraisal of Adjustment		30.00%	30.00%
Fair Value Measurements, Nonrecurring Basis [Member] | Other Real Estate Owned [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liquidation expenses		10.00%	9.00%
Valuation Techniques	[1],[2]	Appraisal of collateral	Appraisal of collateral
Appraisal of Adjustment		38.00%	55.00%
Fair Value Measurements, Nonrecurring Basis [Member] | Minimum [Member] | Impaired Loans [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liquidation expenses		1.00%	1.00%
Appraisal of Adjustment		0.00%	0.00%
Fair Value Measurements, Nonrecurring Basis [Member] | Minimum [Member] | Other Real Estate Owned [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liquidation expenses		1.00%	1.00%
Appraisal of Adjustment		0.00%	47.00%
Fair Value Measurements, Nonrecurring Basis [Member] | Maximum [Member] | Impaired Loans [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liquidation expenses		15.00%	15.00%
Appraisal of Adjustment		35.00%	37.00%
Fair Value Measurements, Nonrecurring Basis [Member] | Maximum [Member] | Other Real Estate Owned [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liquidation expenses		20.00%	61.00%
Appraisal of Adjustment		48.00%	83.00%
Fair Value Measurements, Nonrecurring Basis [Member] | Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other real estate owned
Carrying value of impaired loans
Fair Value Measurements, Nonrecurring Basis [Member] | Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other real estate owned
Carrying value of impaired loans
Fair Value Measurements, Nonrecurring Basis [Member] | Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other real estate owned		$ 126	$ 512
Carrying value of impaired loans		$ 567	$ 469
[1]	Fair Value is generally determined through independent appraisals of the underlying collateral, which generally include various level 3 inputs which are not identifiable.
[2]	Includes qualitative adjustments by management and estimated liquidation expenses.

Disclosures about Fair Value 68

Disclosures about Fair Value Measurements (Fair Value of Financial Instruments) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013
FINANCIAL ASSETS: Carrying Value
Cash and cash equivalents	$ 26,591	$ 32,872	$ 28,013	$ 30,066
Held to maturity (fair value $19,776 on June 30, 2015 and $20,213 on December 31, 2014)	19,580	19,840
Regulatory stock	7,305	6,173
Loans held for sale	4,393	5,051
Loans, net of allowance for loan loss and unearned income	852,133	817,457
Accrued interest income receivable	3,310	3,127
Bank owned life insurance	37,558	37,417
Cash and cash equivalents	26,591	32,872
Investment securities - AFS	122,868	127,110
Investment securities - HTM	19,776	20,213
Regulatory stock	7,305	6,173
Loans held for sale	4,393	5,051
Loans, net of allowance for loan loss and unearned income	852,862	819,935
Accrued interest income receivable	3,310	3,127
Bank owned life insurance	37,558	37,417
FINANCIAL LIABILITIES: Carrying Value
Deposits with no stated maturities	575,977	568,625
Deposits with stated maturities	286,925	301,256
Short-term borrowings	63,430	38,880
All other borrowings	59,085	55,085
Accrued interest payable	1,451	1,706
Deposits with no stated maturities	575,977	568,625
Deposits with stated maturities	289,576	304,744
Short-term borrowings	63,430	38,880
All other borrowings	62,811	59,256
Accrued interest payable	1,451	1,706
Total Fair Value [Member]
FINANCIAL ASSETS: Carrying Value
Loans held for sale	4,456	5,127
Loans held for sale	4,456	5,127
Level 1 [Member]
FINANCIAL ASSETS: Carrying Value
Loans held for sale	4,456	5,127
Cash and cash equivalents	$ 26,591	$ 32,872
Investment securities - AFS
Investment securities - HTM
Regulatory stock	$ 7,305	$ 6,173
Loans held for sale	$ 4,456	$ 5,127
Loans, net of allowance for loan loss and unearned income
Accrued interest income receivable	$ 3,310	$ 3,127
Bank owned life insurance	37,558	37,417
FINANCIAL LIABILITIES: Carrying Value
Deposits with no stated maturities	$ 575,977	$ 568,625
Deposits with stated maturities
Short-term borrowings	$ 63,430	$ 38,880
All other borrowings
Accrued interest payable	$ 1,451	$ 1,706
Level 2 [Member]
FINANCIAL ASSETS: Carrying Value
Loans held for sale
Cash and cash equivalents
Investment securities - AFS	$ 122,868	$ 127,110
Investment securities - HTM	$ 16,809	$ 17,241
Regulatory stock
Loans held for sale
Loans, net of allowance for loan loss and unearned income
Accrued interest income receivable
Bank owned life insurance
FINANCIAL LIABILITIES: Carrying Value
Deposits with no stated maturities
Deposits with stated maturities
Short-term borrowings
All other borrowings
Accrued interest payable
Level 3 [Member]
FINANCIAL ASSETS: Carrying Value
Loans held for sale
Cash and cash equivalents
Investment securities - AFS
Investment securities - HTM	$ 2,967	$ 2,972
Regulatory stock
Loans held for sale
Loans, net of allowance for loan loss and unearned income	$ 852,862	$ 819,935
Accrued interest income receivable
Bank owned life insurance
FINANCIAL LIABILITIES: Carrying Value
Deposits with no stated maturities
Deposits with stated maturities	$ 289,576	$ 304,744
Short-term borrowings
All other borrowings	$ 62,811	$ 59,256
Accrued interest payable

Disclosures about Fair Value 69

Disclosures about Fair Value Measurements (Narrative) (Details) - USD ($)	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Disclosures about Fair Value Measurements [Abstract]
Carrying value of impaired loans	$ 1,182,000	$ 989,000
Specific valuation allowance	614,000	520,000
Net fair value of impaired loans	$ 567,000	$ 469,000
Assets and liabilities considered financial instruments, percentage	90.00%