Csb Bancorp Stock Price, News & Analysis

CSB Bancorp, Inc. (CSBB) is a financial holding company in the commercial banking industry. According to its public disclosures and news releases, CSB Bancorp is headquartered in Millersburg, Ohio and operates through its wholly owned banking subsidiary, The Commercial and Savings Bank. The company’s common stock, with par value $6.25 per share, is quoted over the counter under the symbol CSBB.

CSB Bancorp reports that it has approximately $1.2 billion in assets, based on recent periods disclosed in its earnings and dividend announcements. Through The Commercial and Savings Bank, CSB provides banking and other financial services to both consumers and businesses. These services are delivered through a network of sixteen banking centers located in Holmes, Wayne, Tuscarawas, and Stark counties in Ohio. In addition, the company maintains Trust offices in Millersburg, North Canton, and Wooster, and operates a loan production office in Medina, Ohio.

The company’s earnings releases describe a business focused on interest-earning assets such as loans and securities, funded primarily by deposits and other interest-bearing liabilities. CSB Bancorp regularly discusses measures such as net interest income, net interest margin on a fully taxable equivalent basis, provision for credit loss expense, noninterest income, noninterest expense, and efficiency ratio. These disclosures indicate that the company’s performance is closely tied to loan growth, deposit balances, funding costs, and credit quality within its loan portfolio.

CSB Bancorp’s public communications emphasize credit risk management through its allowance for credit losses on loans and off-balance sheet commitments. The company reports on nonperforming loans, delinquency levels, net charge-offs, and nonperforming assets as a percentage of total loans and other real estate. It has highlighted the impact of specific commercial lending relationships in court liquidation on its provision for credit loss expense and net charge-offs, while noting that it does not maintain an allowance for credit losses on available-for-sale or held-to-maturity debt securities when it has no meaningful loss expectation on those securities.

In addition to interest income, CSB Bancorp reports various sources of noninterest income. These include earnings on bank owned life insurance, debit card interchange fees, trust services, credit card fees, service fees on deposits, gains on sales of mortgage loans to the secondary market, and unrealized gains or losses on equity securities. The company also discloses noninterest expenses such as salaries and employee benefits, occupancy and equipment costs, software expense, professional fees, marketing and public relations, debit card expense, and state financial institutions tax.

CSB Bancorp’s dividend announcements show that the Board of Directors has declared recurring quarterly cash dividends on the company’s common stock, with periodic increases in the per-share dividend amount. These releases describe the dividend level, the record date, and the payment date, and they reinforce the company’s identity as a financial holding company serving its local markets through The Commercial and Savings Bank.

Regulatory filings, including current reports on Form 8-K, identify CSB Bancorp, Inc. as an Ohio corporation with Commission File Number 000-21714. The filings state that its common stock is registered pursuant to Section 12(g) of the Securities Exchange Act of 1934 and traded over the counter. The company uses Form 8-K to furnish earnings releases, dividend announcements, and information about matters such as its Rule 10b5-1 trading plan.

Business focus and geographic footprint

Based on its disclosures, CSB Bancorp’s activities are concentrated in specific Ohio counties. The Commercial and Savings Bank operates sixteen banking centers in Holmes, Wayne, Tuscarawas, and Stark counties, providing banking and financial services to local consumers and businesses. Trust services are offered through offices in Millersburg, North Canton, and Wooster, and the company has reported the opening and operation of a loan production office in Medina, Ohio. This footprint reflects a focus on community and regional banking within the state.

Financial reporting and performance metrics

CSB Bancorp’s earnings releases provide detail on quarterly and year-to-date financial performance. The company reports net income and diluted earnings per share, along with returns on average assets (ROA) and average common equity (ROE). It also discloses net interest income on a fully taxable equivalent basis, net interest margin, and the cost to fund gross earning assets. These metrics are presented alongside information on average earning assets, loan and securities balances, and interest-earning deposits in other banks, often held at the Federal Reserve Bank.

The company’s communications describe how loan interest income is affected by changes in loan volumes and yields, and how securities interest income reflects management’s decision to deploy cash flows from investments into loan originations. On the funding side, CSB Bancorp reports on the average cost of deposits, the mix of deposit types (such as savings, money market, time deposits, noninterest-bearing accounts, and interest-bearing demand accounts), and the use of securities sold under repurchase agreements.

Credit quality and risk management

CSB Bancorp regularly discusses its allowance for credit losses (ACL) on loans and off-balance sheet commitments, and it provides ratios such as allowance for credit losses to period-end loans and allowance for credit losses to nonperforming loans. The company’s releases describe changes in the ACL related to specific commercial credit relationships, including charge-offs and the status of court-appointed receiverships and auction proceeds. It also reports nonperforming loans and nonperforming assets as a percentage of total loans, delinquency ratios, and net charge-offs as a percentage of average loans.

These disclosures show that CSB Bancorp monitors the performance of its loan portfolio, including commercial loans, commercial real estate, residential mortgages, home equity lines of credit, and consumer credit. The company has noted periods when nonperforming loans decreased and periods when nonperforming assets and net charge-offs were affected by a single commercial relationship in liquidation.

Capital, shareholders’ equity, and market data

In its financial highlights, CSB Bancorp reports shareholders’ equity, book value per common share, market value per common share at period end, and common stock market capitalization. It also discloses ratios such as average equity to assets and period-end tangible equity to assets. These data points provide context for the company’s capital position and its common stock valuation in relation to book value and earnings.

The company’s dividend declarations, combined with its reported book value per share and market price information, illustrate how CSB Bancorp communicates with shareholders about returns through both earnings and cash dividends. The presence of a Rule 10b5-1 trading plan, as disclosed in an 8-K filing, also indicates that the company has adopted a structured approach for trading in its securities under specified conditions.

Regulatory reporting and disclosures

CSB Bancorp files current reports on Form 8-K with the U.S. Securities and Exchange Commission to disclose material events such as quarterly earnings, dividend declarations, and changes or renewals of trading plans. These filings identify the company’s jurisdiction of incorporation as Ohio and confirm the registration of its common stock under Section 12(g) of the Exchange Act. The 8-K filings often incorporate by reference the full text of news releases and financial tables as exhibits, providing additional detail on the company’s operating results and financial condition.

Summary

Overall, CSB Bancorp, Inc. is described in its public communications as a financial holding company engaged in commercial banking and related financial services through The Commercial and Savings Bank. With a network of banking centers, trust offices, and a loan production office in Ohio, the company focuses on serving consumers and businesses in its regional markets. Its earnings releases, dividend announcements, and SEC filings provide regular updates on profitability, asset quality, capital, and shareholder returns, using standard banking performance metrics and detailed financial highlights.