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, 2010				December 31, 2010
Diluted earnings per share		$	.35			$	1.28
Net Income		$	956,000			$	3,496,000
Return on average common equity			7.95	%			7.43	%
Return on average assets			0.83	%			0.78	%

Millersburg, Ohio — January 28, 2011 — CSB Bancorp, Inc. (OTCBB: CSBB.ob) today announced fourth quarter 2010 net income of $956 thousand or $.35 per basic and diluted share, as compared to $931 thousand or $.34 per basic and diluted share for the same period in 2009.

Annualized returns on average common equity (“ROE”) and average assets (“ROA”) for the quarter were 7.95% and 0.83%, respectively, compared with 8.04% and 0.84% for the fourth quarter of 2009.

For the full year of 2010, the Company reported net income of $3.50 million or $1.28 per basic and diluted share, as compared to $3.39 million or $1.24 per basic and diluted share in 2009. Full year ROE and ROA were 7.43% and 0.78%, respectively, compared to 7.51% and 0.79% in 2009.

Eddie Steiner, President and CEO commented, “We are pleased that fourth quarter and full year net income were both higher than the prior year results, in spite of the difficult economic and interest rate environments. Full year earnings were 3% above last year’s results.”

Revenue totaled $4.9 million for the fourth quarter of 2010, a decrease of 2.7% from the prior-year fourth quarter. Revenue decreased 0.5% for the full year of 2010 to $19.1 million as compared to $19.2 million in 2009.

Non-interest expense amounted to $3.2 million during the quarter, a decrease of $21 thousand or 0.7% from fourth quarter 2009. For the full year ended December 31, 2010, non-interest expense decreased $142 thousand or 1.1% versus the prior year.

The Company’s fourth quarter efficiency ratio was 64.8% as compared to 63.5% for the same quarter in the prior year. The full year 2010 efficiency ratio of 66.0% improved slightly from the 66.2% registered in the prior year.

Federal income tax provision was $440 thousand for fourth quarter 2010, compared to $413 thousand for the same quarter in 2009. Full year income tax of $1.6 million for 2010 and $1.5 million for 2009 reflects effective tax rates of 31.0% and 31.1%, respectively.

Average total assets during the quarter amounted to $455 million, an increase of $15 million or 3.4% above the same quarter of the prior year. Average loan balances of $315 million were unchanged from the prior year fourth quarter, while average securities balances of $76 million decreased $2.2 million or 2.9% as compared to fourth quarter 2009.

Total assets amounted to $457 million on December 31, 2010, up $6 million or 1.4% from December 31, 2009. Net loans increased to $312 million, up $2 million or 0.7% from the prior year-end, while securities balances of $81 million were unchanged from the prior year-end.

Average commercial loan balances for the quarter, including commercial real estate, increased $7 million or 3.9% above year ago levels. Average residential mortgage balances declined by $9 million or 10.6% 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. Average home equity balances increased $3 million or 8.7%, and average consumer credit balances declined $0.8 million or 10.2% versus the same quarter of the prior year.

Net charge-offs for the quarter and the full year were $615 thousand and $1.3 million, respectively. Net charge-offs equated to 0.40% of average loans during 2010 as compared to 0.21% during 2009.

Nonperforming assets totaled $4.6 million or 1.47% of total loans plus other real estate at December 31, 2010, compared to $4.3 million or 1.37% at the prior year-end. Delinquent loan balances as of year-end 2010 amounted to 2.55% of total loans as compared to 1.92% at the end of 2009.

The Company funded $239 thousand in loan loss provision during the fourth quarter and the allowance for loan losses amounted to 1.28% of total loans on December 31, 2010. The ratio of the allowance for loan losses to nonperforming loans stood at 88% at the end of 2010.

Commenting on the Company’s credit quality, Steiner noted, “Our ratio of nonperforming assets declined from September 30, 2010, while early stage delinquencies as a percent of total loans increased. We expect total delinquencies and nonperforming assets to remain somewhat elevated for the foreseeable future.”

Average deposit balances grew by $9.9 million during the fourth quarter, or 2.9%. Total average deposits of $346 million for the quarter were 10.5% above the prior year’s fourth quarter average.

Deposit balances totaled $353 million at year-end, an increase of $24 million or 7.3% from the prior year-end total. Within the deposit category, average non interest-bearing account balances for the fourth quarter increased by $16 million, or 30.9% above the same period in the prior year. Average interest-bearing checking, money market and traditional savings balances increased $16 million or 14.6% from year ago levels, while average time deposit balances grew by $0.7 million or 0.5% 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 $3 million or 8.7% 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 $47.2 million on December 31, 2010 with 2.7 million common shares outstanding at year-end. The Company’s capital position remains strong, with tangible equity to assets approximating 9.9% on December 31, 2010, compared to 9.7% on December 31, 2009. The Company declared a common dividend of $.18 per share during the quarter. Based on the December 31, 2010 closing stock price of $15.57 per share, the Company’s annual dividend yield approximates 4.6%.

About CSB Bancorp, Inc.

CSB is a financial holding company headquartered in Millersburg, Ohio, with approximate assets of $457 million as of December 31, 2010. 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
		2010				2010				2010				2010				2009
EARNINGS		4th Qtr				3rd Qtr				2nd Qtr				1st Qtr				4th Qtr				2010				2009
Net interest income FTE (a)		$	3,959			$	4,016			$	3,886			$	3,935			$	4,231			$	15,796			$	15,975
Provision for loan losses			239				238				239				519				409				1,235				1,337
Other income			904				780				889				731				769				3,305				3,215
Other expenses			3,169				3,215				3,150				3,041				3,190				12,576				12,718
FTE adjustment (a)			60				59				53				54				56				226				210
Net income			956				882				921				737				931				3,496				3,391
Diluted earnings per share			0.35				0.32				0.34				0.27				0.34				1.28				1.24
PERFORMANCE RATIOS
Return on average assets (ROA)			0.83	%			0.78	%			0.85	%			0.67	%			0.84	%			0.78	%			0.79	%
Return on average common equity (ROE)			7.95	%			7.41	%			7.90	%			6.44	%			8.04	%			7.43	%			7.51	%
Net interest margin FTE (a)			3.64	%			3.76	%			3.76	%			3.78	%			4.01	%			3.73	%			3.93	%
Efficiency ratio			64.84	%			66.72	%			67.74	%			64.83	%			63.51	%			66.02	%			66.22	%
Number of full-time equivalent employees			140				144				144				140				144
MARKET DATA
Book value/common share		$	17.24			$	17.26			$	17.10			$	16.88			$	16.76
Period-end common share mkt value			15.57				15.95				15.75				14.60				15.25
Market as a % of book			90.31	%			92.41	%			92.11	%			86.49	%			90.99	%
Price-to-earnings ratio			12.16				12.56				12.50				12.37				12.30
Cash dividends/common share		$	0.18			$	0.18			$	0.18			$	0.18			$	0.18			$	0.72			$	0.72
Common stock dividend payout ratio			51.43	%			56.25	%			52.94	%			66.67	%			52.94	%
Average basic common shares			2,734,799				2,734,799				2,734,799				2,734,799				2,734,799				2,734,799				2,734,799
Average diluted common shares			2,734,836				2,734,799				2,734,799				2,734,799				2,734,799				2,734,799				2,734,799
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				0
Common stock market capitalization		$	42,581			$	43,620			$	43,073			$	39,928			$	41,706
ASSET QUALITY
Gross charge-offs		$	621			$	459			$	20			$	289			$	82			$	1,389			$	885
Net charge-offs (recoveries)			615				440				(14	)			223				46				1,264				671
Allowance for loan losses			4,031				4,407				4,608				4,356				4,060
Nonperforming assets (NPAs)			4,626				5,410				6,335				6,492				4,303
Net charge-off/average loans ratio			0.77	%			0.55	%			(0.02	)%			0.29	%			0.06	%			0.40	%			0.21	%
Allowance for loan losses/period-end loans			1.28				1.39				1.48				1.40				1.29
NPAs/loans and other real estate			1.47				1.71				2.03				2.09				1.37
Allowance for loan losses/nonperforming loans			87.84				83.99				75.69				70.02				98.04
CAPITAL & LIQUIDITY
Period-end tangible equity to assets			9.90	%			10.03	%			10.16	%			10.15	%			9.73	%
Average equity to assets			10.49				10.58				10.70				10.44				10.45
Average equity to loans			15.13				14.97				14.99				14.89				14.58
Average loans to deposits			91.15				93.83				95.24				95.35				100.69
AVERAGE BALANCES
Assets		$	454,657			$	446,099			$	436,782			$	444,916			$	439,688			$	445,649			$	427,613
Earning assets			431,661				423,591				414,137				422,487				418,737				422,996				406,566
Loans			315,348				315,355				311,647				311,789				315,168				313,549				317,254
Deposits			345,962				336,089				327,215				326,986				313,016				334,073				304,902
Shareholders’ equity			47,703				47,213				46,724				46,440				45,964				47,081				45,184
ENDING BALANCES
Assets		$	457,056			$	451,586			$	441,242			$	435,622			$	450,666
Earning assets			434,876				428,895				419,855				413,771				428,301
Loans			315,647				316,909				311,857				310,900				313,483
Deposits			353,491				341,296				329,817				326,204				329,486
Shareholders’ equity			47,154				47,211				46,776				46,171				45,822

NOTES:

CSB BANCORP, INC.
CONSOLIDATED BALANCE SHEETS

(Unaudited)
dollars in thousands, except per share data

		December 31,				December 31,
		2010				2009
ASSETS
Cash and cash equivalents
Cash and due from banks		$	9,798			$	8,803
Interest-earning deposits in other banks			38,497				33,858
Federal funds sold			65				—
Total cash and cash equivalents			48,360				42,661
Securities
Available-for-sale, at fair-value			75,204				75,158
Restricted stock, at cost			5,463				5,463
Total securities			80,667				80,621
Loans held for sale			—				340
Loans			315,647				313,483
Less allowance for loan losses			4,031				4,060
Net loans			311,616				309,423
Goodwill and core deposit intangible			2,131				2,194
Bank owned life insurance			2,961				2,854
Premises and equipment, net			7,878				8,354
Accrued interest receivable and other assets			3,443				4,219
TOTAL ASSETS		$	457,056			$	450,666
LIABILITIES AND SHAREHOLDERS’ EQUITY
Liabilities
Deposits:
Noninterest-bearing		$	69,151			$	53,974
Interest-bearing			284,340				275,512
Total deposits			353,491				329,486
Short-term borrowings			32,018				28,764
Other borrowings			22,909				45,010
Accrued interest payable and other liabilities			1,484				1,584
Total liabilities			409,902				404,844
Shareholders’ equity
Common stock, $6.25 par value. Authorized 9,000,000 shares; issued 2,980,602 shares in 2010 and 2009			18,629				18,629
Additional paid-in capital			9,994				9,994
Retained earnings			22,673				21,146
Treasury stock at cost — 245,803 shares in 2010 and 2009			(5,015	)			(5,015	)
Accumulated other comprehensive income			873				1,068
Total shareholders’ equity			47,154				45,822
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY		$	457,056			$	450,666

CSB BANCORP, INC.
CONSOLIDATED STATEMENTS OF INCOME

(Unaudited)
dollars in thousands, except per share data

		Quarter ended								Year ended
		December 31,								December 31,
		2010				2009				2010				2009
Interest and dividend income:
Loans, including fees		$	4,340			$	4,770			$	17,311			$	18,539
Taxable securities			585				755				2,648				3,216
Nontaxable securities			97				86				354				319
Other			25				14				77				31
Total interest and dividend income			5,047				5,625				20,390				22,105
Interest expense:
Deposits			868				953				3,509				4,306
Other			279				498				1,311				2,034
Total interest expense			1,147				1,451				4,820				6,340
Net interest income			3,900				4,174				15,570				15,765
Provision for loan losses			239				409				1,235				1,337
Net interest income after provision for loan losses			3,661				3,765				14,335				14,428
Non-interest income
Service charges on deposits accounts			276				304				1,126				1,234
Trust services			253				149				655				547
Securities gains (losses), net			—				—				148				152
Gain on sale of loans			89				106				242				463
Other			286				210				1,134				819
Total non-interest income			904				769				3,305				3,215
Non-interest expenses
Salaries and employee benefits			1,780				1,748				6,880				6,900
Occupancy expense			199				274				808				1,014
Equipment expense			121				136				497				539
Franchise tax expense			131				135				536				507
Professional and director fees			174				155				631				641
Federal deposit insurance			69				46				486				542
Amortization of intangible assets			16				16				63				65
Other expenses			679				680				2,675				2,510
Total non-interest expenses			3,169				3,190				12,576				12,718
Income before income tax			1,396				1,344				5,064				4,925
Federal income tax provision			440				413				1,568				1,534
Net income		$	956			$	931			$	3,496			$	3,391
Net income per share:
Basic		$	0.35			$	0.34			$	1.28			$	1.24
Diluted		$	0.35			$	0.34			$	1.28			$	1.24

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