Exhibit 99.1

CSB BANCORP, INC. REPORTS FOURTH QUARTER AND FULL YEAR EARNINGS

Fourth Quarter and Full Year Highlights

	Quarter Ended			Full Year Ended
	December 31, 2009			December 31, 2009
Diluted earnings per share	$	.34		$	1.24
Net Income	$	931,000		$	3,391,000
Return on average common equity		8.04	%		7.51	%
Return on average assets		0.84	%		0.79	%

Millersburg, Ohio — January 27, 2010 — CSB Bancorp, Inc. (OTCBB: CSBB.ob) today announced fourth quarter 2009 net income of $931 thousand or $.34 per basic and diluted share, as compared to $767 thousand or $.29 per basic and diluted share for the same period in 2008.

Annualized returns on average common equity (“ROE”) and average assets (“ROA”) for the quarter were 8.04% and 0.84%, respectively, compared with 7.40% and 0.76% for the fourth quarter of 2008.

For the full year of 2009, the Company reported net income of $3.39 million or $1.24 per basic and diluted share, as compared to $3.54 million or $1.43 per basic and diluted share in 2008. Full year ROE and ROA were 7.51% and 0.79%, respectively, compared to 9.23% and 0.99% in 2008.

Eddie Steiner, President and CEO commented, “We are pleased that fourth quarter net income was higher than each of the preceding six quarters in spite of continuing difficult economic and interest rate environments. Full year earnings declined 4% from last year’s results, primarily due to increased provisioning for loan losses and higher FDIC assessments for deposit insurance.”

“Net interest margin improved to 4.01% during the quarter,” continued Steiner, “partially due to higher than expected cash collections on previously impaired loans. However, further improvement in net interest margin will be limited in the near term by economic conditions that are suppressing demand for new loans and by low interest rates which are expected to remain through at least the first half of 2010.”

Revenue totaled $5.0 million for the fourth quarter of 2009, an increase of 10.2% over the prior-year fourth quarter. Revenue increased 12.6% for the full year of 2009 to $19.2 million as compared to $17.0 million in 2008.

Non-interest expense amounted to $3.2 million during the quarter, a decrease of $112 thousand or 3.4% from fourth quarter 2008. For the full year ended December 31, 2009, non-interest expense increased $1.4 million or 12.4% versus the prior year. The increase in full year non-interest expense is primarily attributable to the acquisition of Indian Village Bancorp Inc. on October 31, 2008 which increased the Company’s balance sheet by approximately 20% and added three new banking centers in Tuscarawas and Stark counties.

The Company’s fourth quarter efficiency ratio was 63.5% as compared to 72.6% for the same quarter in the prior year. The full year 2009 efficiency ratio of 66.2% was virtually unchanged from 2008.

Federal income tax provision was $413 thousand for fourth quarter 2009, compared to $354 thousand for the same quarter in 2008. Full year income tax of $1.5 million for 2009 and $1.7 million for 2008 reflects effective tax rates of 31.2% and 32.8%, respectively. The decrease in the effective tax rate for 2009 was the result of comparatively higher tax-free interest income generated from higher average balances of nontaxable securities in the Company’s investment portfolio during 2009, partially offset by lower yields on those securities.

Average deposit balances grew by $12 million during the fourth quarter, or 4.1%. Total average deposits of $313 million for the quarter were 9.5% above the prior year’s fourth quarter average.

Average total assets during the quarter amounted to $440 million, an increase of $39 million or 9.7% above the same quarter of the prior year. Average loan balances of $315 million reflect an increase of $21 million or 7.3% over the prior year fourth quarter, while average securities balances of $78 million increased $1.5 million or 2.0% as compared to fourth quarter 2008.

Total assets amounted to $451 million on December 31, 2009, up $26 million or 6.1% from December 31, 2008. Net loans decreased to $309 million, down $3 million or 1.1% from the prior year-end, while securities balances of $81 million declined $1 million or 1.6%.

Average commercial loan balances for the quarter, including commercial real estate, increased $19 million or 11.3% above year ago levels. Average residential mortgage balances declined by $4 million or 4.1% during the year. The decline of in-house mortgage balances was primarily due to customers selecting secondary market products because of prevailing lower interest rates in those products. Home equity balances increased $6 million or 24.0%, and average consumer credit balances declined $0.4 million or 4.7% versus the same quarter of the prior year.

Net charge-offs for the quarter and the full year were $46 thousand and $671 thousand, respectively. Net charge-offs equated to 0.21% of average loans during 2009 as compared to a net recovery of 0.06% during 2008.

Nonperforming assets totaled $4.3 million or 1.37% of total loans plus other real estate at December 31, 2009, compared to $2.7 million or 0.86% at the prior year-end. Delinquent loan balances as of year-end 2009 amounted to 1.92% of total loans as compared to 1.82% at the end of 2008.

The Company funded $409 thousand in loan loss provision during the fourth quarter and the allowance for loan losses amounted to 1.29% of total loans on December 31, 2009. The ratio of the allowance for loan losses to nonperforming loans stood at 94% at the end of 2009.

Commenting on the Company’s credit quality, Steiner noted, “Our ratio of nonperforming assets declined modestly from September 30, 2009, while delinquencies rose slightly as a percent of total loans. Based on our assessment of prevailing economic conditions and related potential impact on credit quality, we increased our allowance for loan losses during the quarter. We believe the allowance is appropriately funded for current portfolio risk.”

Deposit balances totaled $329 million at year-end, an increase of $24 million or 7.9% from the prior year-end total. Within the deposit category, average non interest-bearing account balances for the fourth quarter increased by $2 million, or 3.8% above the same period in the prior year. Average interest-bearing checking, money market and traditional savings balances increased $14 million, or 14.3% from year ago levels, while average time deposit balances grew by $11 million, or 8.1% during the year. In addition to the changes in average deposit balances, the average balance of securities sold under repurchase agreement during the fourth quarter grew by $4 million or 16.7% above the average for the same period in the prior year. Repurchase agreements, while considered short-term borrowings, are primarily tied to overnight customer sweep accounts.

Shareholders’ equity totaled $45.8 million on December 31, 2009 with 2.7 million common shares outstanding at year-end. The Company’s capital position remains strong, with tangible equity to assets approximating 9.7% on December 31, 2009, compared to 9.8% on
December 31, 2008. The Company declared a common dividend of $.18 per share during the quarter. Total dividends declared during 2009 were $0.72 per share, or 58% of reported earnings per share.

About CSB Bancorp, Inc.

CSB is a financial holding company headquartered in Millersburg, Ohio, with approximate assets of $451 million as of December 31, 2009. CSB provides a complete range of banking and other financial services to consumers and businesses through its wholly owned subsidiary, The Commercial and Savings Bank, with fourteen banking centers in Holmes, Tuscarawas, Wayne and Stark counties and Trust offices located in Millersburg and Wooster, Ohio.

Forward-Looking Statement

This release contains forward-looking statements relating to present or future trends or factors affecting the banking industry, and specifically the financial condition and results of operations, including without limitation, statements relating to the earnings outlook of the Company, as well as its operations, markets and products. Actual results could differ materially from those indicated. Among the important factors that could cause results to differ materially are interest rate changes, softening in the economy, which could materially impact credit quality trends and the ability to generate loans, changes in the mix of the Company’s business, competitive pressures, changes in accounting, tax or regulatory practices or requirements and those risk factors detailed in the Company’s periodic reports and registration statements filed with the Securities and Exchange Commission. The Company undertakes no obligation to release revisions to these forward-looking statements or reflect events or circumstances after the date of this release.

Contact Information:
Paula J. Meiler, SVP & CFO
330-763-2873
paula.meiler@csb1.com

CSB BANCORP, INC.
CONSOLIDATED FINANCIAL HIGHLIGHTS

(Unaudited)
(Dollars in thousands except per share data)

	Quarters															YTD
	2009			2009			2009			2009			2008			2009			2008
EARNINGS	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			12 months			12 months
Net interest income FTE (a)	$	4,231		$	3,920		$	3,884		$	3,940		$	3,812		$	15,975		$	14,009
Provision for loan losses		409			293			394			241			71			1,337			333
Other income		769			870			780			796			724			3,215			3,033
Other expenses		3,191			3,188			3,210			3,129			3,303			12,718			11,311
FTE adjustment (a)		56			56			52			46			39			210			131
Net income		931			858			706			896			767			3,391			3,537
Diluted EPS		0.34			0.31			0.26			0.33			0.29			1.24			1.43
PERFORMANCE RATIOS
Return on average assets (ROA)		0.84	%		0.80	%		0.67	%		0.86	%		0.76	%		0.79	%		0.99	%
Return on average common equity (ROE)		8.04	%		7.49	%		6.32	%		8.20	%		7.40	%		7.51	%		9.23	%
Net interest margin FTE (a)		4.01	%		3.84	%		3.88	%		3.99	%		3.98	%		3.93	%		4.13	%
Efficiency ratio		63.51	%		66.10	%		68.80	%		67.73	%		72.56	%		66.22	%		66.17	%
Number of full-time equivalent employees		144			146			141			139			144
MARKET DATA
Book value/common share	$	16.76		$	16.67		$	16.34		$	16.23		$	15.89
Period-end common share mkt value		15.25			15.20			16.00			14.00			15.00
Market as a % of book		90.99	%		91.18	%		97.92	%		86.26	%		94.40	%
PE ratio		12.30			12.77			12.80			10.37			10.49			12.30			10.49
Cash dividends/common share	$	0.18		$	0.18		$	0.18		$	0.18		$	0.18		$	0.72		$	0.72
Common stock dividend payout ratio		52.94	%		58.06	%		69.23	%		54.55	%		62.07	%
Average basic common shares		2,734,799			2,734,799			2,734,799			2,734,799			2,629,394			2,734,799			2,482,335
Average diluted common shares		2,734,799			2,734,799			2,734,799			2,734,799			2,629,394			2,734,799			2,482,335
Period end common shares outstanding		2,734,799			2,734,799			2,734,799			2,734,799			2,734,799
Common shares repurchased		0			0			0			0			0			0			25,641
Common stock market capitalization	$	41,706		$	41,569		$	43,757		$	38,287		$	41,022
ASSET QUALITY
Gross charge-offs	$	82		$	82		$	431		$	290		$	47		$	885		$	154
Net charge-offs (recoveries)		46			(6	)		398			233			(84	)		671			-17
Allowance for loan losses		4,060			3,697			3,398			3,402			3,394
Nonperforming assets (NPAs)		4,303			4,545			4,123			4,182			2,722
Net charge-off/average loans ratio		0.06	%		(0.01	)%		0.50	%		0.30	%		(0.11	)%		0.21	%		-0.06	%
Allowance for loan losses/period-end loans		1.29			1.17			1.07			1.07			1.07
NPAs/loans and other real estate		1.37			1.44			1.29			1.31			0.86
Allowance for loan losses/nonperforming loans		94.35			82.05			83.47			82.51			124.69
CAPITAL & LIQUIDITY
Period-end tangible equity to assets		9.73	%		10.26	%		10.16	%		10.09	%		9.82	%
Average equity to assets		10.45			10.68			10.56			10.50			10.71
Average equity to loans		14.54			14.38			14.06			13.91			13.74
Average loans to deposits		100.69			105.15			104.76			105.76			102.72
AVERAGE BALANCES
Assets	$	439,688		$	425,439		$	423,767		$	421,694		$	400,873		$	427,613		$	357,667
Earning assets		418,737			404,629			401,966			400,356			381,011			406,566			339,373
Loans		315,168			316,149			319,421			318,325			293,714			317,254			262,933
Deposits		313,016			300,652			304,910			300,993			285,926			304,902			257,478
Shareholders’ equity		45,964			45,449			44,918			44,294			41,251			45,184			38,308
ENDING BALANCES
Assets	$	450,666		$	427,391		$	422,416		$	422,390		$	424,657
Earning assets		428,301			406,054			401,558			402,011			402,225
Loans		313,482			314,717			317,880			319,425			316,290
Deposits		329,486			302,898			300,513			304,591			305,453
Shareholders’ equity		45,822			45,580			44,678			44,392			43,468

NOTES:

(a) - Net Interest income on a fully tax-equivalent (“FTE”) basis restates interest on tax-exempt securities and loans as if such interest were subject to federal income tax at the statutory rate. Net interest income on an FTE basis is not an accounting principle generally accepted in the United States of America.

CSB BANCORP, INC.

CONSOLIDATED BALANCE SHEETS

(Unaudited)

	December 31,			December 31,
	2009			2008
ASSETS
Cash and cash equivalents
Cash and due from banks	$	8,803,514		$	11,392,039
Interest-earning deposits in other banks		33,857,933			268,031
Federal funds sold		0			1,086,000
Total cash and cash equivalents		42,661,447			12,746,070
Securities
Available-for-sale, at fair-value		75,157,451			76,655,816
Restricted stock, at cost		5,463,100			5,231,800
Total securities		80,620,551			81,887,616
Loans held for sale		340,150			0
Loans		313,482,342			316,290,412
Less allowance for loan losses		4,059,575			3,393,685
Net loans		309,422,767			312,896,727
Goodwill and core deposit intangible		2,194,422			2,045,043
Bank owned life insurance		2,853,945			2,748,909
Premises and equipment, net		8,353,869			8,470,855
Accrued interest receivable and other assets		4,218,830			3,861,962
TOTAL ASSETS	$	450,665,981		$	424,657,182
LIABILITIES AND SHAREHOLDERS’ EQUITY
Liabilities
Deposits:
Noninterest-bearing	$	53,974,358		$	49,058,592
Interest-bearing		275,511,744			256,394,147
Total deposits		329,486,102			305,452,739
Short-term borrowings		28,763,604			22,891,593
Other borrowings		45,009,781			50,997,537
Accrued interest payable and other liabilities		1,584,432			1,846,841
Total liabilities		404,843,919			381,188,710
Shareholders’ equity
Common stock, $6.25 par value. Authorized 9,000,000 shares; issued 2,980,602 shares in 2009 and 2,667,786 in 2008		18,628,767			18,628,767
Additional paid-in capital		9,993,812			9,986,499
Retained earnings		21,146,199			19,723,972
Treasury stock at cost - 245,803 shares in 2009 and 2008		(5,014,541	)		(5,014,541	)
Accumulated other comprehensive income		1,067,825			143,775
Total shareholders’ equity		45,822,062			43,468,472
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	450,665,981		$	424,657,182

CSB BANCORP, INC.

CONSOLIDATED STATEMENTS OF INCOME

(Unaudited)

	Quarter ended					Twelve months ended
	December 31,					December 31,
	2009		2008			2009		2008
Interest and dividend income:
Loans, including fees	$	4,769,977	$	4,518,731		$	18,538,930	$	17,021,867
Taxable securities		754,832		874,522			3,216,403		3,252,073
Nontaxable securities		86,490		65,777			318,693		225,287
Other		14,027		18,636			30,861		121,499
Total interest and dividend income		5,625,326		5,477,666			22,104,887		20,620,726
Interest expense:
Deposits		953,079		1,173,889			4,306,121		4,836,598
Other		497,780		531,225			2,034,095		1,906,219
Total interest expense		1,450,859		1,705,114			6,340,216		6,742,817
Net interest income		4,174,467		3,772,552			15,764,671		13,877,909
Provision for loan losses		408,952		71,354			1,337,044		333,094
Net interest income after provision for loan losses		3,765,515		3,701,198			14,427,627		13,544,815
Non-interest income
Service charges on deposits accounts		303,734		320,680			1,234,513		1,273,094
Trust services		139,988		156,581			546,918		645,941
Securities gains (losses)		—		(35,000	)		81,890		(35,000	)
Gain on sale of loans		106,249		6,592			463,175		287,902
Other		218,960		274,990			888,801		860,950
Total non-interest income		768,931		723,843			3,215,297		3,032,887
Non-interest expenses
Salaries and employee benefits		1,748,139		1,664,525			6,900,025		6,261,348
Occupancy expense		274,473		467,249			1,014,198		1,033,780
Equipment expense		135,524		153,284			538,698		520,596
Franchise tax expense		135,000		113,880			506,370		437,250
Professional and director fees		155,421		136,415			640,874		511,768
FDIC deposit insurance		46,000		53,451			542,300		64,585
Amortization of intangible assets		16,228		11,000			65,000		11,000
Other expenses		679,995		703,853			2,510,176		2,470,905
Total non-interest expenses		3,190,780		3,303,657			12,717,641		11,311,232
Income before income tax		1,343,666		1,121,384			4,925,283		5,266,470
Federal income tax provision		412,700		354,400			1,534,000		1,729,400
Net income	$	930,966	$	766,984		$	3,391,283	$	3,537,070
Net income per share
Basic	$	0.34	$	0.29		$	1.24	$	1.43
Diluted	$	0.34	$	0.29		$	1.24	$	1.43

Note: Certain prior year balances have been reclassified to conform to the current year presentation.