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Deal Overview

Buyer:
Penn Laurel Financial Corp.
Actual Acquirer:
CSB Bank
Target:
1 Branch
Deal Type:
Bank & Thrift Branch
Seller:
AmeriServ Financial, Inc.
Agreement Date:
7/12/2001
Announcement Date:
7/12/2001
Number of Target Branches
1
Branch Locations
Coalport
PA
Franchise Premium ($ 000)
1,544
Tangible Book Premium/ Deposits (%)
8.88
Status:
Completed
Completion Date:
9/30/2001

Deal Terms
Description of Consideration

NA

Financials
Deposits ($ 000) 17,389
Total Assets ($ 000) 15,845
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer Yes Ryan Beck & Co.
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Shumaker Williams PC
Seller Yes Stevens & Lee PC