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Click here to download CSB Bancorp's 2022 Annual Report

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

ASSETS 
Cash, Due from Banks, and Certificates of Deposit $39,895,572
Federal Funds Sold $366,000
Securities $104,915,321
Loans $244,723,515
Less Reserve for Loan Losses $(4,240,116)
Net Loans $240,483,399
Bank Premises & Fixtures $3,290,271
Accrued Interest Receivable and Other Assets $14,696,267
TOTAL ASSETS $403,646,830

 

LIABILITIES 
Demand Deposits $192,990,852
Savings, Money Market, and Time Deposits $168,773,934
Federal Funds Purchased $0
FHLB Advances $0
Accrued Expenses and Other Payables $2,407,969
TOTAL LIABILITIES $364,172,755
STOCKHOLDERS EQUITY 
Common Stock $3,200,000
Surplus $16,800,000
Undivided Profits and Other Gains $19,474,075
TOTAL STOCKHOLDERS EQUITY $39,474,075
TOTAL LIABILITIES and STOCKHOLDERS EQUITY $403,646,830