SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: AMERISERV FINANCIAL INC /PA/
CENTRAL INDEX KEY: 0000707605
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 251424278
STATE OF INCORPORATION: PA
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
BUSINESS ADDRESS:
STREET 1: AMERISERV FINANCIAL BUILDING
STREET 2: 216 FRANKLIN ST
CITY: JOHNSTOWN
STATE: PA
ZIP: 15901
BUSINESS PHONE: 8145335300
MAIL ADDRESS:
STREET 1: AMERISERV FINANCIAL BUILDING
STREET 2: 216 FRANKLIN ST
CITY: JOHNSTOWN
STATE: PA
ZIP: 15901
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: AMERISERV TRUST & FINANCIAL SERVICES CO/PA
CENTRAL INDEX KEY: 0001082834
STANDARD INDUSTRIAL CLASSIFICATION: NON-DEPOSIT TRUST COMPANIES [6091]
IRS NUMBER: 251689052
STATE OF INCORPORATION: PA
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
BUSINESS ADDRESS:
STREET 1: AMERISERV FINANCIAL BUILDING
STREET 2: 216 FRANKLIN ST
CITY: JOHNSTOWN
STATE: PA
ZIP: 15901
BUSINESS PHONE: 8145335378
MAIL ADDRESS:
STREET 1: AMERISERV FINANCIAL BUILDING
STREET 2: 216 FRANKLIN ST
CITY: JOHNSTOWN
STATE: PA
ZIP: 15901
FORMER COMPANY:
FORMER CONFORMED NAME: USBANCORP TRUST CO/PA
DATE OF NAME CHANGE: 20010430
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
AMERISERV FINANCIAL INC /PA/
-----------------------------------------------------
(NAME OF ISSUER)
COM
-----------------------------------------------------
(TITLE OF CLASS OF SECURITIES)
03074A102
-----------------------------------------------------
(CUSIP NUMBER)
December 31, 2001
-----------------------------------------------------
(Date of event which requires filing of this Statement)
NOTE: ALL OF THE SHARES REPORTED IN THIS SCHEDULE 13G ARE HELD BY
UNAFFILIATED THIRD-PARTY CLIENT ACCOUNTS MANAGED BY AMERISERV TRUST &
FINANCIAL SERVICES COMPANY. ALTHOUGH THESE ACCOUNTS ARE MANAGED, THE
INDIVIDUAL CLIENTS DIRECTED THE PURCHASE AND RETENTION OF OUR HOLDING
COMPANY STOCK. (AMERISERV TRUST & FINANCIAL SERVICES COMPANY IS A
WHOLLY-OWNED SUBSIDIARY OF AMERISERV FINANCIAL INC.)
Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information
which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be 'filed' for the purpose of Section 18 of the Securities
Exchange Act of 1934 ('Act') or otherwise subject to the liabilities
of that section of the Act but shall be subject to all other provisions
of the Act (however, see the Notes).
(CONTINUED ON FOLLOWING PAGE(S))
CUSIP NO. 03074A102 13G
1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
AMERISERV TRUST & FINANCIAL SERVICES COMPANY
(FORMERLY USBANCORP TRUST COMPANY)
251689052
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [ ]
(B) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
JOHNSTOWN, PA USA
NUMBER OF SHARES 5. SOLE VOTING POWER 807,350
BENEFICIALLY
OWNED AS OF 6. SHARED VOTING POWER 0
December 31, 2001
BY EACH 7. SOLE DISPOSITIVE POWER 775,344
REPORTING
PERSON WITH: 8. SHARED DISPOSITIVE POWER 32,908
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 808,252
(Not to be construed as an admission of beneficial ownership)
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES * [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.9%
12. TYPE OF REPORTING PERSON *
BK
* SEE INSTRUCTIONS BEFORE FILLING OUT!
ITEM 1(A). NAME OF ISSUER
AmeriServ Financial Inc PA
ITEM 1(B). ADDRESS OF ISSUER
AmeriServ Financial Building
216 Franklin St
Johnstown PA 15901-1911
ITEM 2(A). NAME OF PERSON FILING
AmeriServ Trust & Financial Services Company
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE
AmeriServ Financial Building
216 Franklin St
Johnstown PA 15901-1911
ITEM 2(C). CITIZENSHIP
USA
ITEM 2(D). TITLE OF CLASS OF SECURITIES
Common Stock
ITEM 2(E). CUSIP NUMBER
03074A102
ITEM 3. This statement is filed pursuant to Rule 13d-1 (b), or
13d-2 (b) or (c) and the person filing is a Bank as defined in
section 3(a)(6) of the Act (15 U.S.C. 78c)
ITEM 4. OWNERSHIP
(a) AMOUNT BENEFICIALLY OWNED
808,252
(b) PERCENT OF CLASS
5.93
(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) SOLE POWER TO VOTE OR DIRECT THE VOTE --
807,350
(ii) SHARED POWER TO VOTE OR TO DIRECT THE VOTE --
None
(iii) SOLE POWER TO DISPOSE OR TO DIRECT DISPOSITION OF --
775,344
(iv) SHARE POWER TO DISPOSE OR TO DIRECT DISPOSISTION OF --
32,908
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report the fact that
as of the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class
of securities, check the following: [ ]
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF
ANOTHER PERSON
All Securities reported in this schedule are owned by
clients of Ameriserv Trust & Financial Services Company,
no one of which owns more than 5% of the class.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY:
Not Applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not Applicable
ITEM 10. CERTIFICATION
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired
and are held in the ordinary course of business and were not
acquired and are not held for the purpose of or with the
effect of changing or influencing the control of the issuer of
the securities and were not acquired and are not held in
connection with or as a participant in any transaction having
that purpose or effect.
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true,
complete are correct.
Date: February 14, 2002 AMERISERV TRUST & FINANCIAL SERVICES COMPANY
/s/ Michael P. Geiser
Michael P. Geiser
Vice President & Manager-
Trust Operations