Ameriserv Financial (ASRV) executive compensation, 2025 proxy

Jeffrey A. Stopko, President and CEO of ASRV and AmeriServ Financial Bank, was paid $503,959 in 2024, down 10% from $561,439 the year before.

Filed
June 16, 2025
Annual meeting
July 29, 2025
Pay year
2024
Named executives
3
CEO total pay
$503,959-10% vs prior year
CEO pay in equity
15%$77,278 in awards
CEO salary
$404,2712024 Summary Compensation Table
CEO stock awards
$77,2782024 Summary Compensation Table
Bonus agreement cap
33%Of annual base salary
Stopko pension value
$1,142,833Present value at year-end
Lynch pension value
$1,003,083Present value at year-end

How Stopko was paid

$503,959 in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary80%Stock awards15%All other compensation4%

Named executive officers

ExecutiveTotal
Jeffrey A. StopkoPresident and CEO of ASRV and AmeriServ Financial Bank$503,959
Michael D. LynchExecutive Vice President, CFO, Chief Investment Officer, & Chief Risk Officer of ASRV and AmeriServ Financial Bank$324,675
David A. FinuiPresident of Wealth Management of AmeriServ Financial Bank$301,904

What changed and why

  • $504K$503,959 was CEO Jeffrey A. Stopko’s total compensation for 2024, compared with $561,439 in 2023.
  • $77,278$77,278 of Stopko’s 2024 compensation consisted of stock awards.
  • $404K$404,271 was Stopko’s 2024 salary, up from $390,830 in 2023.
  • 33%33% of base salary was the maximum annual bonus permitted under Stopko’s employment agreement.
  • $1.1M$1,142,833 was Stopko’s present value of accumulated defined-benefit pension benefits at year-end 2024.

Other Ameriserv Financial proxy statements

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.