The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AT&T INC COM 00206R102 554 17,259 SH   SOLE   17,259 0 0
ALPHABET INC CAP STK CL C 02079K107 832 746 SH   SOLE   746 0 0
ALPHABET INC CAP STK CL A 02079K305 494 437 SH   SOLE   425 0 12
ALTRIA GROUP INC COM 02209S103 1,332 23,451 SH   SOLE   23,451 0 0
AMARIN CORP PLC SPONS ADR NEW 023111206 32 10,335 SH   SOLE   10,335 0 0
AMAZON COM INC COM 023135106 2,975 1,750 SH   SOLE   1,739 0 11
AMERISERV FINL INC COM 03074A102 1,803 439,806 SH   SOLE   14,199 0 425,607
AMGEN INC COM 031162100 1,339 7,254 SH   SOLE   7,204 0 50
ANNALY CAP MGMT INC COM 035710409 544 52,822 SH   SOLE   52,822 0 0
APPLE INC COM 037833100 2,885 15,588 SH   SOLE   15,492 0 96
BGC PARTNERS INC CL A 05541T101 113 10,000 SH   SOLE   10,000 0 0
BP PLC SPONSORED ADR 055622104 1,225 26,818 SH   SOLE   26,818 0 0
BANK AMER CORP COM 060505104 436 15,413 SH   SOLE   15,413 0 0
BANK NEW YORK MELLON CORP COM 064058100 274 5,075 SH   SOLE   5,075 0 0
BECTON DICKINSON & CO COM 075887109 259 1,081 SH   SOLE   1,081 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 281 1,504 SH   SOLE   1,504 0 0
BLACKROCK TAX MUNICPAL BD TR SHS 09248X100 2,412 109,121 SH   SOLE   109,121 0 0
BLACKROCK MUNIYIELD FD INC COM 09253W104 298 22,375 SH   SOLE   22,375 0 0
BOEING CO COM 097023105 487 1,452 SH   SOLE   1,452 0 0
BOOKING HLDGS INC COM 09857L108 442 218 SH   SOLE   218 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 827 14,941 SH   SOLE   14,941 0 0
CHEVRON CORP NEW COM 166764100 322 2,543 SH   SOLE   2,543 0 0
CISCO SYS INC COM 17275R102 294 6,813 SH   SOLE   6,813 0 0
CITIGROUP INC COM NEW 172967424 319 4,770 SH   SOLE   4,770 0 0
CLOROX CO DEL COM 189054109 215 1,586 SH   SOLE   1,586 0 0
COCA COLA CO COM 191216100 655 14,944 SH   SOLE   14,944 0 0
DANAHER CORP DEL COM 235851102 808 8,191 SH   SOLE   8,191 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 263 3,327 SH   SOLE   3,327 0 0
EQT CORP COM 26884L109 245 4,436 SH   SOLE   277 0 4,159
EXELON CORP COM 30161N101 616 14,463 SH   SOLE   14,463 0 0
EXXON MOBIL CORP COM 30231G102 506 6,102 SH   SOLE   6,102 0 0
FNB CORP PA COM 302520101 685 51,038 SH   SOLE   42,951 0 8,087
FACEBOOK INC CL A 30303M102 1,397 7,189 SH   SOLE   7,139 0 50
FIFTH THIRD BANCORP COM 316773100 330 11,495 SH   SOLE   7,277 0 4,218
FIRST COMWLTH FINL CORP PA COM 319829107 162 10,440 SH   SOLE   10,440 0 0
FISERV INC COM 337738108 341 4,400 SH   SOLE   4,400 0 0
FREEPORT-MCMORAN INC CL B 35671D857 653 37,829 SH   SOLE   37,829 0 0
GILEAD SCIENCES INC COM 375558103 676 9,549 SH   SOLE   9,549 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 227 1,000 SH   SOLE   1,000 0 0
ISHARES TR CORE S&P500 ETF 464287200 404 1,479 SH   OTR   1,479 0 0
ISHARES TR 1 3 YR TREAS BD 464287457 215 2,583 SH   SOLE   2,583 0 0
ISHARES TR NASDAQ BIOTECH 464287556 646 5,884 SH   SOLE   5,884 0 0
ISHARES TR CORE S&P SCP ETF 464287804 6,797 81,397 SH   SOLE   81,307 0 90
ISHARES TR CORE S&P SCP ETF 464287804 229 2,740 SH   OTR   2,740 0 0
JOHNSON & JOHNSON COM 478160104 1,963 16,130 SH   SOLE   16,043 0 87
LILLY ELI & CO COM 532457108 641 7,510 SH   SOLE   7,510 0 0
LIVE OAK BANCSHARES INC COM 53803X105 3,382 110,344 SH   SOLE   110,344 0 0
MASTERCARD INCORPORATED CL A 57636Q104 507 2,580 SH   SOLE   2,580 0 0
MCDONALDS CORP COM 580135101 565 3,603 SH   SOLE   3,603 0 0
MERCK & CO INC COM 58933Y105 265 4,363 SH   SOLE   4,363 0 0
MICROSOFT CORP COM 594918104 1,190 11,978 SH   SOLE   11,884 0 94
NIKE INC CL B 654106103 994 12,473 SH   SOLE   12,348 0 125
NUVEEN QUALITY MUNCP INCOME COM 67066V101 206 15,504 SH   SOLE   15,504 0 0
NUVEEN PENNSYLVANIA QLT MUN COM 670972108 420 33,281 SH   SOLE   33,281 0 0
PEPSICO INC COM 713448108 807 7,409 SH   SOLE   7,409 0 0
PFIZER INC COM 717081103 430 11,845 SH   SOLE   11,845 0 0
PHILIP MORRIS INTL INC COM 718172109 340 4,208 SH   SOLE   4,208 0 0
PRICE T ROWE GROUP INC COM 74144T108 310 2,600 SH   SOLE   2,600 0 0
PROSHARES TR PSHS ULT S&P 500 74347R107 12,020 108,003 SH   SOLE   107,954 0 49
PROSHARES TR PSHS ULT S&P 500 74347R107 234 2,105 SH   OTR   2,105 0 0
RITE AID CORP COM 767754104 54 31,000 SH   SOLE   31,000 0 0
SEI INVESTMENTS CO COM 784117103 218 3,400 SH   SOLE   3,400 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,031 3,801 SH   SOLE   3,150 0 651
SPDR S&P 500 ETF TR TR UNIT 78462F103 310 1,143 SH   OTR   1,143 0 0
SPDR SERIES TRUST BLOOMBERG BRCLYS 78464A417 356 10,040 SH   SOLE   10,040 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 3,491 9,831 SH   SOLE   9,831 0 0
SELECT SECTOR SPDR TR ENERGY 81369Y506 228 3,000 SH   SOLE   3,000 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 3,117 12,494 SH   SOLE   12,489 0 5
VERIZON COMMUNICATIONS INC COM 92343V104 882 17,533 SH   SOLE   17,533 0 0
VISA INC COM CL A 92826C839 1,701 12,839 SH   SOLE   12,748 0 91
VONAGE HLDGS CORP COM 92886T201 258 20,000 SH   SOLE   20,000 0 0
WABTEC CORP COM 929740108 428 4,337 SH   SOLE   4,337 0 0
WALMART INC COM 931142103 469 5,475 SH   SOLE   5,400 0 75
QUOTIENT LTD SHS G73268107 120 15,000 SH   SOLE   15,000 0 0
CHUBB LIMITED COM H1467J104 502 3,949 SH   SOLE   3,949 0 0
KORNIT DIGITAL LTD SHS M6372Q113 178 10,000 SH   SOLE   10,000 0 0