Csb Bancorp, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 21, 2021 at 08:01 am EDT
Share
CSB Bancorp, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced net interest income was USD 6.471 million compared to USD 7.012 million a year ago. Net income was USD 2.745 million compared to USD 2.606 million a year ago. Basic earnings per share from continuing operations was USD 1 compared to USD 0.95 a year ago. For the half year, net interest income was USD 13.479 million compared to USD 13.928 million a year ago. Net income was USD 5.630 million compared to USD 5.089 million a year ago. Basic earnings per share from continuing operations was USD 2.05 compared to USD 1.86 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.