CSB Bancorp, Inc. (CSBB) SEC Filings

CSB Bancorp, Inc. (symbol: CSBB) is the issuer of record for a Form 4 filing submitted to the SEC. STEINER EDDIE L reported reported purchase transactions in this Form 4 filing.

CSB Bancorp, Inc. (CSBB) reports that President & CEO Eddie L. Steiner acquired 500 shares of Common Stock on September 2, 2026, at $73.51 per share, with the shares allocated to his account through a dividend reinvestment feature of the company’s Dividend Reinvestment Plan. Following this allocation, he holds 34,197.2744 shares directly and 41,445 shares indirectly through an IRA. No transactions are reported as made under a Rule 10b5-1 trading plan.

CSB Bancorp, Inc. (CSBB) announced that its Board of Directors has declared a third quarter cash dividend of $0.45 per share on its common stock. The dividend is payable on September 22, 2026 to shareholders of record as of September 8, 2026.

The dividend represents a $0.02 increase from the prior quarterly dividend and a $0.04 increase over the prior-year third quarter dividend. CSB Bancorp reports approximate assets of $1.3 billion as of June 30, 2026 and operates through The Commercial and Savings Bank with sixteen banking centers and additional trust and lending offices in Ohio.

CSB Bancorp, Inc. reported steady balance sheet size with total assets of $1.29 billion at June 30, 2026, essentially unchanged from $1.29 billion at year-end 2025. Loans grew to $869.3 million from $829.9 million, funded mainly by deposits, which increased slightly to $1.13 billion. Shareholders’ equity rose to $132.6 million, driven by earnings, partly offset by a higher accumulated other comprehensive loss of $5.6 million tied to unrealized securities losses.

Profitability improved meaningfully. For the quarter ended June 30, 2026, net interest income was $11.9 million versus $10.3 million a year earlier, and net income rose to $4.7 million from $3.7 million. Basic and diluted EPS were $1.80, up from $1.41. For the first six months, net income was $9.2 million versus $7.3 million. Noninterest income increased modestly, while expenses also rose, particularly salaries and software.

Credit metrics show both growth and rising risk costs. The allowance for credit losses on loans increased to $13.5 million from $12.5 million, reflecting loan growth, an individually evaluated commercial relationship, and higher expected losses on home equity lines amid forecasted economic conditions. Nonperforming loans climbed to $7.3 million from $0.7 million at year-end 2025, while net charge-offs remained low. The securities portfolio stayed high quality, largely U.S. government and agency-backed, with unrealized losses driven primarily by interest rate movements rather than identified credit deterioration.

CONN MARGARET L reported disposition transactions in this Form 4 filing.

CSB Bancorp, Inc. Corporate Secretary Margaret L. Conn reported a change in beneficial ownership of 35.284 common shares previously held in a custodial account under the Uniform Transfers to Minors Act; the custodianship terminated after her child reached the age of majority and these shares are no longer reported as indirectly owned. Following this change, she holds 2,361.3543 common shares directly, including allocations from the CSB Bancorp, Inc. Dividend Reinvestment Plan, and 3,418.2400 shares indirectly through The Commercial and Savings Bank of Millersburg’s Profit Sharing 401(k) Savings Retirement Plan.

CSB Bancorp, Inc. reported strong second quarter 2026 results, with net income of $4,735,000 and basic and diluted EPS of $1.80, up from $3,727,000 and $1.41 a year earlier. Annualized ROE improved to 14.48% and ROA to 1.48%, while Pre-Provision Net Revenue rose 24% to about $6.5 million.

Performance was driven by a 15% increase in net interest income and a richer asset mix, as average loans grew 11% and the fully taxable equivalent net interest margin widened to 3.92% from 3.61%. Noninterest income increased 10%, and the efficiency ratio improved to 53.06% from 56.62%, reflecting better expense leverage.

Credit quality metrics were mixed: net loan charge-offs dropped to $28,000 from $362,000, but nonperforming loans increased to $7.3 million, or 0.84% of total loans, tied to a single commercial relationship that management believes is well secured. The allowance for expected credit losses rose to $13.5 million, or 1.56% of total loans. CSB ended June 30, 2026 with approximately $1.3 billion in assets and declared a $0.43 quarterly dividend, a 2.4% annualized yield at a $72.00 share price.

CSB Bancorp, Inc. director Cheryl M. Kirkbride reported an open-market purchase of 8.425 shares of common stock at $70.13 per share. After this trade, she directly holds 1,382.518 common shares. She also reports additional indirect holdings through spouse custodial accounts and IRA-related accounts, for which beneficial ownership is disclaimed.

CSB Bancorp reported stronger quarterly results for the three months ended March 31, 2026. Net income rose to $4.4 million, up from $3.6 million a year earlier, with earnings per share increasing to $1.69 from $1.37. Net interest income grew to $11.5 million as higher loan balances and better yields lifted the net interest margin to 3.86% from 3.47%. Loans expanded to $852.7 million and deposits were $1.10 billion, while total assets were $1.27 billion. Asset quality remained strong: nonperforming loans were $1.0 million, or 0.12% of total loans, and the allowance for credit losses was $12.9 million, or 1.52% of loans. Return on average assets reached 1.42% and return on average equity was 14.03%, reflecting improved profitability despite higher operating expenses.

CSB Bancorp, Inc. director Stephen E. Schillig reported additional ownership of the company’s common stock. On April 30, 2026, an account associated with him bought 80 shares in an open-market purchase at $68.48 per share, held indirectly in an IRA for a total of 278 shares in that account.

A separate entry shows 446.746 direct shares recorded as a holding, which a footnote explains were allocated to his account through the dividend reinvestment feature of the CSB Bancorp, Inc. Dividend Reinvestment Plan, indicating automatic reinvestment rather than a new market trade.

CSB Bancorp, Inc. reported the results of its 2026 annual shareholder meeting, where shareholders elected two directors and ratified the company’s auditor. The meeting covered 1,891,816 common shares, representing 72% of the 2,627,015 shares outstanding as of the March 3, 2026 record date.

Shareholders elected Robert K. Baker with 1,291,326 votes for and 21,856 withheld, and Vikki G. Briggs with 1,312,068 votes for and 1,114 withheld, with 578,634 broker non-votes for each. They also ratified S.R. Snodgrass, P.C. as independent registered public accounting firm with 1,889,476 votes for, 842 against, and 1,498 abstentions.