---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-086946"
form_type: "8-K"
ticker: "CSBB"
cik: "0000880417"
company_name: "CSB Bancorp, Inc."
filed_at: "2024-07-26T23:59:59+00:00"
generated_at: "2026-05-31T16:06:06.374849+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CSB Bancorp Q2 net income drops 56% to $1.6M; nonperforming assets surge to 0.93%

## Summary
- Diluted EPS $0.61 vs $1.36 YoY; net income $1.6M down 56% from $3.6M.
- Credit loss provision jumped $2.7M on a $6.4M commercial loan placed on nonaccrual; $4.1M specific reserve booked.
- Nonperforming assets rose to $6.7M (0.93% of loans) from $255K (0.04%) a year ago.
- Net interest margin FTE 3.28% (vs 3.33% Q2'23); loan yields up 44 bps to 5.74%.
- PPNR increased 4% to $4.85M; dividend maintained at $0.39/share (4% annualized yield).

## SEC filing metadata
- accession: 0000950170-24-086946
- form_type: 8-K
- ticker: CSBB
- cik: 0000880417
- company_name: CSB Bancorp, Inc.
- filed_at: 2024-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/880417/000095017024086946/0000950170-24-086946-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/880417/000095017024086946/csbb-20240726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-086946
- JSON: https://secwatch.observer/filing/0000950170-24-086946.json
- Plain text: https://secwatch.observer/filing/0000950170-24-086946.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.