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 |
