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Click here to download CSB Bancorp's 2022 Annual Report

Chelsea State Bank Condensed Statement of Condition as of September 30, 2023

ASSETS 
Cash, Due from Banks, and Certificates of Deposit $51,140,155
Federal Funds Sold $478,000
Securities $102,864,486
Loans $235,593,533
Less Reserve for Loan Losses $(4,124,176)
Net Loans $231,469,357
Bank Premises & Fixtures $2,922,894
Accrued Interest Receivable and Other Assets $14,506,901
TOTAL ASSETS $403,381,793

 

LIABILITIES 
Demand Deposits $195,421,978
Savings, Money Market, and Time Deposits $170,553,853
Federal Funds Purchased 0
FHLB Advances 0
Accrued Expenses and Other Payables $2,112,244
TOTAL LIABILITIES $368,088,075
STOCKHOLDERS EQUITY 
Common Stock $3,200,000
Surplus $16,800,000
Undivided Profits and Other Gains $15,293,718
TOTAL STOCKHOLDERS EQUITY $35,293,718
TOTAL LIABILITIES and STOCKHOLDERS EQUITY $403,381,793