secwatch.observer — SEC 8-K summary
======================================

Issuer:     CSB Bancorp, Inc. (CSBB)
CIK:        0000880417
Form:       8-K
Filed at:   2025-01-24T23:59:59+00:00
Accession:  0000950170-25-008779
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CSB Bancorp Q4 EPS $0.87 vs $1.38; credit provision up $2.1M on court liquidation
--------------------------------------------------------------------------------

- Net income $2.32M, down 37% from Q4 2023; diluted EPS $0.87.
- Credit loss provision expense increased $2.1M vs Q4 2023; $6.2M charged off on $7.1M commercial relationship in court liquidation.
- Nonperforming loans at 0.23% of total loans vs 0.06% a year ago.
- Net interest margin (FTE) 3.33% vs 3.36%; pre-provision net revenue up 8% to $5.1M.
- Quarterly dividend maintained at $0.40 per share (4.2% yield based on $38.30 close).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880417/000095017025008779/0000950170-25-008779-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880417/000095017025008779/csbb-20250124.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-008779

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer