CSB Bancorp, Inc. Announces Net Loan Charge-Offs for the Fourth Quarter Ended December 31, 2022
January 26, 2023 at 04:31 pm EST
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CSB Bancorp, Inc. announced net loan charge-offs for the fourth quarter ended December 31, 2022. Net loan charge-offs recognized during fourth quarter 2022 were $170,000, or 0.11% annualized, compared to fourth quarter 2021 net loan losses of $27,000.
CSB Bancorp, Inc. is a financial holding company. The Company operates through its wholly owned subsidiary, Commercial and Savings Bank of Millersburg, Ohio (the Bank). The Company operates primarily through the Bank and CSB Investment Services, LLC, providing a wide range of banking, trust, financial, and brokerage services to corporate, institutional, and individual customers throughout northeast Ohio. The Bank provides retail and commercial banking services to its customers, including checking and savings accounts, time deposits, individual retirement accounts (IRAs), safe deposit facilities, personal loans, commercial loans, real estate mortgage loans, installment loans, night depository facilities, brokerage, and trust services. The Bank provides residential real estate, commercial real estate, commercial, and consumer loans to customers located primarily in Holmes, Stark, Tuscarawas, Wayne, and portions of surrounding counties in Ohio.
CSB BANCORP, INC. 
