Brief: Ameriserv Financial Reports First Quarter 2023 Earnings

Ameriserv Financial

18/04/2023 13:12

April 18 (Reuters) - Ameriserv Financial Inc  ASRV.O :
    * AMERISERV FINANCIAL REPORTS FIRST QUARTER 2023 EARNINGS
    * AMERISERV FINANCIAL INC - SINCE END OF 2022, WE HAVE SEEN
AN
INCREASE OF $23.3 MILLION, OR 2.1%, IN DEPOSITS
    * AMERISERV FINANCIAL INC - OUR BANK'S LIQUIDITY POSITION
CONTINUES TO BE STRONG
    * AMERISERV FINANCIAL INC - BELIEVE THAT OUR BALANCE SHEET
IS WELL
POSITIONED FOR UNEXPECTED CHALLENGES THAT WE MAY FACE THROUGH
REMAINDER OF 2023
    * AMERISERV FINANCIAL INC - QTRLY EARNINGS PER SHARE $ 0.09
    * AMERISERV FINANCIAL INC - Q1 2023 FINANCIAL RESULTS ALSO
REFLECT
AN INCREASE IN COMPANY'S PROVISION FOR CREDIT LOSSES TO $1.2
MILLION
    * AMERISERV FINANCIAL INC - TOTAL AVERAGE DEPOSITS FOR Q1 OF
2023
ARE $9.7 MILLION, OR 0.8%, LOWER THAN 2022 Q1 AVERAGE

Source text for Eikon:  ID:nPnbxYt9Ma 
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