Millersburg is the starting point
The Commercial and Savings Bank of Millersburg, Ohio is an active state-member bank under FDIC certificate 9139, headquartered at 91 North Clay Street in Millersburg. It uses The Commercial & Savings Bank and CSB as its public brands. Those names should not be confused with other banks using similar initials. Its primary federal supervisor is the Federal Reserve. [1]
The bank’s history begins with John Koch and Robert Long opening the Bank of Millersburg in 1874 and dates its continuing charter to 1879. Subsequent milestones include the reopening of Walnut Creek in 1967, the expansion into Tuscarawas County in 1988 and the introduction of trust services in 1994. The sequence helps explain a bank that serves both local household finances and the more complex needs of established businesses and families. [3]
Growth through branches and a holding company
CSB Bancorp, Inc. is the parent company of the bank. Its investor-relations overview describes banking, trust and brokerage services principally for Holmes, Stark, Tuscarawas, Wayne and Medina counties. Parent-company earnings and share statistics therefore have a different reporting boundary from the insured bank’s own FDIC balance sheet. A bank deposit is also different from an investment in its parent’s shares. [4]
The bank’s history records the 2008 acquisition of Indian Village Bancorp, which brought Gnadenhutten, New Philadelphia and North Canton locations. A Medina County loan-production office opened in 2023. The July 2026 earnings release describes sixteen banking centers, separate trust offices and the Medina lending office. A loan-production office expands access to lenders without necessarily offering the same deposit and transaction services as a banking center. [3, 5]
Business credit tied to identifiable uses
CSB’s lending menu distinguishes short-term lines for working capital and seasonal needs from term loans for business purchases, machinery and permanent working capital. It offers owner-occupied and investment-property finance, farm operating and equipment loans, and Small Business Administration and USDA program lending. These are different structures for different purposes; a government-supported program is not evidence that all of the bank’s business loans carry guarantees. [6]
The bank also advertises a streamlined Small Business Express product for smaller financing needs. The practical thread is access to credit for local operators who may need both day-to-day and longer-lived investment. Product descriptions establish what a lender offers, not whether a particular applicant qualifies or how much of the outstanding loan book came through each program. [6]
A service relationship beyond lending
Trust services described by the parent include estate settlement, retirement plans, agency accounts, investment management and estate planning. These activities address a different customer need from borrowing: administering or managing assets over time. They can also create fee income that is distinct from the spread between loan interest earned and deposit interest paid. The reviewed corporate overview does not disclose profitability by individual service. [4]
Personal and commercial deposit accounts, mortgages and consumer credit sit alongside those services. This broad menu connects the household, business and wealth-management sides of a customer relationship. It should not blur product protections: trust or brokerage assets are not automatically insured bank deposits merely because the service is offered through a banking organization. [4]
Growth and earnings at the bank
At June 30, 2026, the bank reported $1.295 billion in assets, $1.135 billion in deposits, $856.0 million in net loans and leases and $130.9 million in equity. A year earlier, assets were $1.238 billion, deposits $1.090 billion and net loans $779.8 million. These are bank-only FDIC figures converted from thousands, rather than a stock-market value or a consolidated holding-company balance sheet. [2]
Calendar first-half net income increased to $9.4 million from $7.6 million. Real-estate-secured loans were $713.7 million and commercial-and-industrial loans $136.4 million at the latest date. Nonaccrual loans increased to $7.3 million from $1.0 million. The figures show why a larger loan book and higher earnings must be read alongside credit quality, rather than as a sufficient verdict on performance. [2]
What management said about the troubled relationship
In its July 21, 2026 release, CSB Bancorp reported $7.3 million of nonperforming loans and linked the increase to a business relationship experiencing cash-flow pressure. The customer had indicated that liquidation might produce more economic value than continued operation. Management said the bank believed it was well secured. That is management’s collateral assessment, not proof that recovery is complete or that a loss cannot occur. [5]
The release also reported consolidated second-quarter net income of $4.735 million, compared with $3.727 million a year earlier. Loan growth and stronger interest income helped results, while the allowance for loan credit losses stood at $13.5 million. Those company figures describe the quarter or balance-sheet date specified; they should not be substituted for the bank-only first-half figures above. [5]
The community record has its own scope
The Federal Reserve’s March 25, 2024 CRA evaluation rated CSB Outstanding overall, with Satisfactory lending and Outstanding community development. The regulator evaluated multiple products over different historical periods. It found excellent responsiveness to community-development needs, while the lending result was more qualified. Reading the components matters: an overall Outstanding grade does not mean every test received that grade, and CRA is not a safety-and-soundness rating. [7]
Sources
- FDIC BankFind identity; October 2, 2026 datasetOfficial sourceBack to text: ↑
- FDIC bank financials; June 30, 2026 and 2025; income is calendar year-to-dateOfficial sourceBack to text: ↑1↑2
- CSB official historySourceBack to text: ↑1↑2
- CSB Bancorp corporate overviewSourceBack to text: ↑1↑2↑3↑4
- CSB Bancorp second-quarter results, July 21, 2026SourceBack to text: ↑1↑2↑3
- CSB business lendingSourceBack to text: ↑1↑2
- Federal Reserve CRA evaluation, March 25, 2024Official sourceBack to text: ↑