secwatch.observer — SEC 8-K summary
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Issuer:     CSB Bancorp, Inc. (CSBB)
CIK:        0000880417
Form:       8-K
Filed at:   2022-01-26T23:59:59+00:00
Accession:  0001564590-22-002462
Event type: earnings
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CSB Bancorp Q4 net income falls to $2.3M, EPS $0.85 from $0.97 YoY
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- Net income $2,306,000 ($0.85 diluted EPS) vs $2,679,000 ($0.97) in Q4 2020.
- Net interest margin narrowed to 2.48% from 2.85%; no loan loss provision vs $378K provision.
- Noninterest income fell 12% on 64% drop in mortgage gain on sale; efficiency ratio rose to 66.4%.
- Nonperforming assets decreased to $1.1M (0.20% of loans) from $4.5M a year ago.
- Quarterly dividend maintained at $0.31 per share; annualized yield 3.3% based on $37.75 close.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880417/000156459022002462/0001564590-22-002462-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880417/000156459022002462/csbb-8k_20220126.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-002462

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