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CSB Bancorp Inc. (symbol: CSBB) is a prominent financial institution based in Ohio, offering a wide range of personal and business banking services. The company operates primarily through its wholly-owned subsidiary, The Commercial & Savings Bank (CSB), which caters to customers in Holmes, Stark, Tuscarawas, and Wayne counties. CSB Bancorp Inc. provides essential banking solutions including checking and savings accounts, time deposits, IRAs, personal and commercial loans, consumer loans, and residential and commercial real estate mortgage loans.
CSB is also known for its comprehensive suite of trust and brokerage services. These services encompass estate settlement, retirement plans, agency accounts, investment management, and estate planning. The bank's dedication to personalized service and community engagement has earned it a reputation as a top employer in Northeast Ohio, recognized by ERC as one of the best places to work in the region.
The bank continues to innovate and adapt to the evolving financial landscape, ensuring that it meets the needs of its customers while maintaining a strong financial position. Its commitment to excellence is reflected in its robust financial condition and strategic partnerships. For more information on CSB Bancorp Inc.'s services and community guidelines, visit their official website.
CSB Bancorp, Inc. (OTC Pink: CSBB) announced a third quarter cash dividend of $0.33 per share, payable on September 20, 2022 to shareholders of record as of September 6, 2022. This marks a $0.02 increase from the previous quarterly dividend. The company, based in Millersburg, Ohio, has a financial portfolio worth $1.1 billion and offers various banking services through its subsidiary, The Commercial Savings Bank, with 16 banking centers across several counties in Ohio.
CSB Bancorp, Inc. (OTC Pink: CSBB) reported a strong second quarter 2022, with net income of $3,209,000 or $1.18 per share, up from $2,745,000 or $1.00 per share in Q2 2021. The company achieved a 17% increase in income before tax and improved returns on equity (13.73%) and assets (1.13%). However, net interest income grew 13% but loan interest income decreased 3%. Noninterest income dropped by 3%, largely due to declining mortgage sales. Shareholders' equity stood at $93.7 million, with a dividend of $0.31 per share yielding 3.3% based on the closing price of $38.00.
CSB Bancorp, Inc. (OTC Pink: CSBB) has declared a cash dividend of $0.31 per share on its common stock, payable on June 21, 2022. The record date for shareholders is set for June 6, 2022. CSB Bancorp is a financial holding company based in Millersburg, Ohio, with a total asset value of approximately $1.1 billion. The company operates through its wholly-owned subsidiary, The Commercial Savings Bank, offering a range of banking services through its sixteen banking centers across Ohio.
CSB Bancorp, Inc. (OTC Pink: CSBB) reported first quarter 2022 net income of $2.7 million ($0.99 per share), down from $2.9 million ($1.05 per share) a year ago. Key metrics include a 7% decrease in income before taxes and a decline in return on equity (ROE) to 11.26% from 12.33%. Net interest income fell 2%, primarily due to a 16% drop in loan interest income. Despite these declines, deposit growth remained strong at 3%. The efficiency ratio worsened to 64.0%, and noninterest income decreased 13%.
CSB Bancorp, Inc. (OTC Pink: CSBB) has declared a cash dividend of $0.31 per share, payable on April 26, 2022. Shareholders of record as of April 18, 2022 will receive this dividend. CSB Bancorp is a $1.1 billion financial holding company based in Millersburg, Ohio, offering a range of banking and financial services through its subsidiary, The Commercial Savings Bank. The company operates 16 banking centers across multiple counties in Ohio.
CSB Bancorp (OTC Pink: CSBB) reported a fourth-quarter net income of $2.3 million, or $0.85 per share, down from $2.68 million, or $0.97 per share, a year prior. The annual net income rose 3% to $10.8 million. Key metrics include a return on equity of 9.41%, down from 11.45%, and a return on assets of 0.80%, down from 1.05%. Loan interest income declined by 15%, attributed to a $75 million drop in average total loan balances. Deposit growth was strong, increasing 3.5% to over $1 billion. The company declared a dividend of $0.31 per share, yielding 3.3%.
CSB Bancorp, Inc. (OTC Pink: CSBB) has declared a $0.31 per share cash dividend for the fourth quarter, scheduled for payment on December 21, 2021. Shareholders of record as of December 7, 2021 will receive this dividend. Headquartered in Millersburg, Ohio, CSB Bancorp is a $1.1 billion financial holding company offering various banking services via its subsidiary, The Commercial Savings Bank, with 16 banking centers across several Ohio counties.
CSB Bancorp, Inc. (OTC Pink: CSBB) reported a net income of $2.9 million for Q3 2021, yielding $1.06 per share, up from $2.8 million in Q3 2020. Despite a 3% increase in income before federal income tax, key metrics showed a decline: ROE at 11.79% down from 12.19%, and ROA at 1.03% vs 1.14%. Total loan balances fell $90 million year-over-year, influenced by reduced loan demand and declining PPP balances. Noninterest income decreased 5%, primarily from reduced mortgage sales. The average deposit grew 17% to $139 million.
CSB Bancorp, Inc. (OTC Pink: CSBB) has declared a third quarter cash dividend of $0.31 per share, reflecting a $0.01 increase from the previous quarter. This dividend is payable on October 26, 2021, to shareholders of record as of October 5, 2021. CSB Bancorp, a financial holding company with approximately $1.1 billion in assets, offers a range of banking services through its subsidiary, The Commercial Savings Bank, across multiple counties in Ohio.
CSB Bancorp reported a net income of $2,745,000 ($1.00 per share) for Q2 2021, a rise from $2,606,000 ($0.95 per share) in Q2 2020. Total net income for the first half of 2021 is $5,630,000, an 11% increase year-over-year. However, net interest income fell 8% to $8.3 million, primarily due to a 12% decrease in loan interest income. Average total assets rose 24% to $1.13 billion, yet the efficiency ratio worsened to 64.4%. A dividend of $0.30 per share was declared, yielding 3.2%.
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