CSB Bancorp Q2 FY26 net income rises 27% to $4.7 million; EPS climbs to $1.80
CSBB•Expenses and efficiency
Noninterest expense rose 7% to $7.1 million, while the efficiency ratio improved to 53.1% from 56.6%.
Credit quality and reserves
Allowance for credit losses increased to $13.5 million, while nonperforming loans rose to $7.3 million, or 0.84% of total loans.
Quarterly earnings and margin expansion
CSB Bancorp posted Q2 net income of $4.7 million, up 27% year over year, with EPS of $1.80.
Net interest income climbed $1.5 million, lifting GAAP net interest margin by 0.31 percentage points to 3.91%.
