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Click here to download CSB Bancorp's 2022 Annual Report

Chelsea State Bank Condensed Statement of Condition as of March 31, 2023

ASSETS 
Cash, Due from Banks, and Certificates of Deposit $81,646,508
Federal Funds Sold $514,266
Securities $111,958,180
Loans $224,171,274
Less Reserve for Loan Losses $(3,918,116)
Net Loans $220,253,158
Bank Premises & Fixtures $2,786,260
Accrued Interest Receivable and Other Assets $14,086,634
TOTAL ASSETS $431,245,006
LIABILITIES 
Demand Deposits $221,291,690
Savings, Money Market, and Time Deposits $170,309,860
Federal Funds Purchased 0
FHLB Advances 0
Accrued Expenses and Other Payables $2,729,966
TOTAL LIABILITIES $394,331,516
STOCKHOLDERS EQUITY 
Common Stock $3,200,000
Surplus $16,800,000
Undivided Profits and Other Gains $16,913,490
TOTAL STOCKHOLDERS EQUITY $36,913,490
TOTAL LIABILITIES and STOCKHOLDERS EQUITY $431,245,006