CSB Financial Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the Securities and Exchange Commission on November 13, 2026, reporting a net loss for the third quarter driven by a one-time charitable contribution expense.

Key Highlights

  • Net loss of $119,274 for the three months ended September 30, 2026, compared to net income of $106,473 in the same period of 2025, according to the filing.
  • Charitable contribution of $375,000 recorded in noninterest expense during the third quarter of 2026, a line item that had no corresponding amount in the prior-year quarter.
  • Total assets of $118,418,160 as of September 30, 2026, up from $110,202,483 at December 31, 2025, the filing disclosed.
  • Net interest income of $1,004,663 for the three months ended September 30, 2026, compared to $939,001 in the same quarter of 2025.
  • 1,402,935 shares of common stock issued and outstanding as of November 13, 2026, with common stock carrying a $0.01 par value and 14,000,000 shares authorized.
  • Total stockholders' equity increased to $27,161,502 at September 30, 2026, from $15,794,020 at December 31, 2025, reflecting the completion of a stock issuance during 2026.
  • Federal Home Loan Bank advances reduced to $7,400,000 at September 30, 2026, from $10,600,000 at December 31, 2025, the filing stated.

CSB Financial Reports Third-Quarter 2026 Results for Ohio-Based Community Bank

CSB Financial Inc. (OTC:CSBA), a Maryland-incorporated holding company headquartered at 503 West Plane Street, Bethel, Ohio, operates as a smaller reporting company and emerging growth company under SEC definitions, as stated in the filing. The company's primary earning asset base consists of loans receivable, which stood at $92,074,308 as of September 30, 2026, down modestly from $92,991,369 at December 31, 2025. Net loans after the allowance for credit losses of $440,621 were reported at $91,633,687. The loan portfolio generates the largest share of interest income, with the filing reporting loans-including-fees interest income of $4,223,046 for the nine months ended September 30, 2026, compared to $3,926,934 in the prior-year period.

For the three months ended September 30, 2026, total noninterest expense reached $1,200,447, compared to $817,850 in the same quarter of 2025. The filing identified a $375,000 charitable contribution recorded in the third quarter of 2026 as a significant contributor to that increase, with no comparable expense in Q3 2025. Professional services expense also rose to $74,664 for the quarter from $33,967 a year earlier. The loss per share for the quarter was reported as $(0.09) basic and diluted; prior-year per-share figures were listed as not applicable, consistent with the company's status as a recently converted public entity. No provision for credit losses was recorded in either the three-month or nine-month periods of 2026, while $37,880 and $50,820 were recorded in the respective prior-year periods.

Total deposits were reported at $82,075,449 at September 30, 2026, essentially flat compared to $82,154,201 at December 31, 2025. The deposit base is composed of demand deposits of $10,673,446, savings and money market accounts of $24,752,764, and time deposits of $46,649,239, according to the balance sheet. The company also held available-for-sale securities of $8,744,314 and bank-owned life insurance with a carrying value of $3,119,716 as of the quarter-end date. Accumulated other comprehensive loss widened to $(193,705) from $(102,812), reflecting net unrealized losses on available-for-sale securities during 2026.

What Was Disclosed

CSB Financial Inc. filed its unaudited quarterly report covering the three and nine months ended September 30, 2026. The filing disclosed a third-quarter net loss of $119,274, a $375,000 charitable contribution in noninterest expense, total assets of $118,418,160, and 1,402,935 shares of common stock outstanding as of November 13, 2026.