secwatch.observer — SEC 8-K summary
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Issuer:     CSB Bancorp, Inc. (CSBB)
CIK:        0000880417
Form:       8-K
Filed at:   2022-10-25T23:59:59+00:00
Accession:  0001564590-22-035029
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CSB Bancorp reports Q3 net income of $3.65M, up 26% YoY; EPS $1.35 vs $1.06
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- Net interest margin expanded to 3.12% from 2.77% a year ago; net interest income up 17% YoY.
- Nonperforming assets declined to $685k (0.11% of loans) from $1.3M; net charge-offs minimal.
- Average deposits grew 5% YoY; cost of deposits rose to 0.22% from 0.18%.
- Quarterly dividend of $0.33 declared, payable Sep 20, 2022; annualized yield 3.4%.
- Negative provision for loan losses of $250k; efficiency ratio improved to 57.9% from 62.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880417/000156459022035029/0001564590-22-035029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880417/000156459022035029/csbb-8k_20221025.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-035029

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