Exhibit 99.2

FINANCIAL HIGHLIGHTS

(DOLLARS IN THOUSANDS, EXCEPT PER SHARE DATA)

AT OR FOR THE NINE MONTHS ENDED SEPTEMBER 30 2009 2008

Assets $427,391 $343,743

Net loans $311,021 $253,562

Securities $ 78,077 $ 70,638

Deposits $302,898 $245,953

Shareholders’ equity $ 45,580 $ 37,512

Net income $ 2,460 $ 2,770

Earnings per share $ 0.90 $ 1.14

Book value per outstanding share $ 16.67 $ 15.49

STOCK PERFORMANCE & DIVIDENDS CASH QUARTER            TRADE PRICE            CLOSING            DIVIDEND ENDING            HIGH            LOW            PRICE            DECLARED

12/31/07 17.75 15.40 17.75 0.18

3/31/08 17.90 15.75 16.14 0.18

6/30/08 18.00 15.75 15.75 0.18

9/30/08 16.25 14.40 15.25 0.18

12/31/08 16.00 14.00 15.00 0.18

3/31/09 14.50 12.25 14.00 0.18

6/30/09 17.00 13.26 16.00 0.18

9/30/09 16.00 14.25 15.20 0.18

KEY RATIOS

AT OR FOR THE NINE MONTHS ENDED SEPTEMBER 30 2009 2008

Return on average assets 0.78% 1.08%

Return on average equity 7.33% 9.91%

Net interest margin (tax equivalent) 3.90% 4.15%

Loans to deposits 102.71% 103.09%

Allowance for loan loss to total loans 1.17% 1.08%

Shareholders’ equity to total assets 10.66% 10.91%

Efficiency ratio 67.53% 64.03%

COMMON STOCK PERFORMANCE

QUARTER ENDING

DIRECTORS

Robert K. Baker

Ronald E. Holtman

J. Thomas Lang

Daniel J. Miller

Jeffery A. Robb, Sr.

Eddie L. Steiner

John R. Waltman Chairman

EXECUTIVE OFFICERS

Eddie L. Steiner President and Chief Executive Officer

Rick L. Ginther President, The Commercial & Savings Bank

Paul D. Greig Chief Operations/Information Officer

Paula J. Meiler Chief Financial Officer

ADDITIONAL STOCK INFORMATION

STOCK LISTING Common: Symbol — CSBB.OB

STOCK TRANSFER Registrar & Transfer Company Attn: Investor Relations 10 Commerce Drive Cranford, NJ 07016 (800) 368-5948

Copies of CSB Bancorp, Inc. S.E.C. Filings may be obtained by writing:

Paula J. Meiler, CFO CSB Bancorp, Inc. 91 North Clay Street Millersburg, OH 44654 (330) 674-9015 or (800) 654-9015

“Remember to call CSB for all your financial needs, whether to borrow, save or invest.”

DEAR FELLOW SHAREHOLDER

On behalf of the Board of Directors, we are pleased to enclose a third quarter dividend of $0.18 per share, equaling the quarterly dividend amount of the past two and one half years.

Net income for the third quarter was $858 thousand, a decrease of $32 thousand from the same quarter a year ago. For the nine months ended September 30, net income totaled $2.46 million compared to $2.77 million last year. The year to date reduction is primarily due to increased loan charge-offs and higher FDIC insurance premiums assessed on the banking industry.

The Company’s balance sheet remains strong despite the very challenging economic conditions that currently prevail both nationally and locally. CSB’s book value per share has increased by 4.9% during the first nine months of 2009, and our tangible equity to assets ratio stands at 10.26%. We continue to closely monitor and manage credit quality within the loan portfolio. Our charge-off activity slowed during the third quarter; however, nonperforming loan balances and total delinquencies grew during the period. Accordingly, we increased our provision for loan losses and the allowance now stands at 1.17% of total loans.

While there are signs the recession may have bottomed out, recovery to more normalized economic activity is likely to take some time, and will not occur at identical rates for all business and consumer activities. Job recovery will be a key factor in how long it takes for the economy to reach more normalized levels. Unemployment is high in our primary service area, averaging above 10% during 2009, double the average of the past nine years. Consequently, loan demand has been somewhat muted, with the exception of home mortgage refinancing activity created by attractive interest rates.

In late September, we opened a banking center on West High Street in Orrville, Ohio. CSB now has fourteen banking centers in Holmes, Tuscarawas, Wayne and Stark counties, as well as our Trust office in Wooster. We will continue to seek controlled growth opportunities in our market, using our commitment of providing excellent customer service and financial products as our primary way to attract and retain customer relationships.

Thank you for your continuing support as a shareholder of CSB. We always welcome your input, and if you have any questions about this report please do not hesitate to contact us.

Sincerely,

EDDIE STEINER President and CEO CSB Bancorp, Inc.

JOHN WALTMAN Chairman CSB Bancorp, Inc.

CONSOLIDATED STATEMENTS OF CONDITION (UNAUDITED)

| |

(DOLLARS IN THOUSANDS EXCEPT PER SHARE DATA) SEPTEMBER 30 2009 2008

ASSETS:

Cash and due from banks $ 21,941 $ 8,623

Federal funds sold 0 1,800

Securities 78,077 70,638

Net loans 311,021 253,562

Premises & equipment, net 8,546 7,074

Other assets 7,806 2,046

—

TOTAL ASSETS $427,391 $343,743

===

LIABILITIES:

Deposits $302,898 $245,953

Securities sold under agreements to repurchase 27,057 22,757

Short-term borrowings 0 2,000

Other borrowings 49,858 33,682

Other liabilities 1,998 1,839

—

TOTAL LIABILITIES $381,811 $306,231

—

SHAREHOLDERS’ EQUITY:

Common stock $ 18,629 $ 16,674

Additional paid-in capital 9,992 6,464

Retained earnings 20,708 19,449

Treasury stock (5,015) (5,015)

Accumulated other comprehensive income (loss) 1,266 (60)

—

TOTAL SHAREHOLDERS’ EQUITY $ 45,580 $ 37,512

—

TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $427,391 $343,743

===

CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED)

| | | | (DOLLARS IN THOUSANDS, EXCEPT PER SHARE DATA) THREE MONTHS ENDED            NINE MONTHS ENDED SEPTEMBER 30 SEPTEMBER 30 2009 2008 2009 2008

INTEREST INCOME:

Interest and fees on loans $4,566 $4,073 $13,769 $12,503

Interest on securities 860 860 2,693 2,537

Other interest income 8 33 17 103

—

TOTAL INTEREST INCOME 5,434 4,966 16,479 15,143

—

INTEREST EXPENSE:

Interest on deposits 1,056 1,069 3,353 3,663

Other interest expense 514 457 1,536 1,375

—

TOTAL INTEREST EXPENSE 1,570 1,526 4,889 5,038

—

Net interest income 3,864 3,440 11,590 10,105

Provision for loan losses 293 107 928 262

—

Net interest income after provision for loan losses 3,571 3,333 10,662 9,843

Noninterest income 870 674 2,446 2,309

Noninterest expense 3,188 2,663 9,527 8,007

—

Net income before federal income taxes 1,253 1,344 3,581 4,145

Federal income tax provision 395 454 1,121 1,375

—

NET INCOME $ 858 $ 890 $ 2,460 $ 2,770

====

EARNINGS PER SHARE $ 0.31 $ 0.37 $ 0.90 $ 1.14

====