SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 11-K
[ X ] Annual Report pursuant to Section 15(d) of the
Securities Exchange Act of 1934 for the fiscal year
ended December 31, 1993.
or
[ ] Transition Report pursuant to Section 15(d) of the
Securities Exchange Act of 1934 for the transition
period from ____________ to ______________.
Commission File Number: 0-11204
U S National Bank
Non-Collectively Bargained Employees 401(k) Plan
(Full title of the plan)
USBANCORP, Inc.
Main and Franklin Streets
Johnstown, PA 15901
(Name of issuer of the securities held pursuant to the plan and
the address of its principal executive office.)
Registrant's telephone number, including
area code: (814) 533-5300
Notices and communications from the Securities and Exchange
Commission relative to this report should be forwarded to:
USBANCORP, Inc.
Main and Franklin Streets
Johnstown, PA 15901
Attention: Terry K. Dunkle
With a copy to:
Judith A. Johnstone, Esquire
Stevens & Lee
One Penn Square
P.O. Box 1594
Lancaster, PA 17608-1594
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Item 1. Financial Statements and Exhibits
a. Financial Statements
1. Report of Barnes, Saly & Company.
2. Audited Statements of Net Assets as of
December 31, 1993 and 1992.
3. Audited Statement of Changes in Net Assets
Available for Benefits for the year ended
December 31, 1993 and the period from July 1,
1992 (date of inception) to December 31,
1992.
4. Notes to Financial Statements.
b. Exhibits
1. Consent of Barnes, Saly & Company.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the Trustees of the U S National Bank
Non-Collectively Bargained Employees 401(k) Plan have duly caused
this annual report to be signed on its behalf by the undersigned
thereunto duly authorized.
Dated: August 9, 1994 U S National Bank Non-Collectively
Bargained Employees 401(k) Plan
USBANCORP Trust Company, as Trustee
By /s/ Anne G. Bump
Anne G. Bump
<PAGE>
Exhibit Index
Page Number in
Exhibit Manually Signed Original
1. Consent of Barnes, Saly & Company
Exhibit 1
[Letterhead of Barnes, Saly & Company]
CONSENT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
Board of Trustees
U S National Bank Noncollectively-Bargained
Employees 401(k) Plan
Johnstown, Pennsylvania
We hereby consent to the inclusion in Form 11-K of our
report dated June 14, 1994 relating to the statements of net
assets of the U S National Bank Noncollectively-Bargained
Employees 401(k) Plan as of December 31, 1993 and 1992, and the
related statements of changes in net assets for the year ended
December 31, 1993 and the period from July 1, 1992 (date of
inception) to December 31, 1992.
Barnes, Saly & Company
Johnstown, Pennsylvania
August 19, 1994
