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CSB Bancorp, Inc. announced that Paula J. Meiler, Senior Vice President and Chief Financial Officer, intends to retire effective April 30, 2027 and remain CFO through that date while the board searches for her successor.
CSB Bancorp, Inc. renewed its Rule 10b5-1 plan to purchase common shares, extended until October 31, 2027, with authority for a broker to repurchase up to 7,500 shares per quarter.
CSB Bancorp, Inc.’s board authorized a share repurchase program for 131,350 common shares, or 5% of outstanding shares, and terminated the program adopted in February 2021.
CSB Bancorp, Inc. reported third-quarter net income of $4,987,000 and diluted earnings per share of $1.90, up 20% from $4,151,000 and $1.57. FTE net interest margin rose to 3.99%, while nonperforming loans increased to $7.1 million.
