Csb Bancorp, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 21, 2020 at 05:47 pm EDT
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CSB Bancorp, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced net interest income was USD 6.916 million compared to USD 7.011 million a year ago. Net income was USD 2.483 million compared to USD 2.540 million a year ago. Basic earnings per share was USD 0.91 compared to USD 0.93 a year ago.
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.