UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

__X__  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended:  SEPTEMBER 30, 2000

OR

_____  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Commission file number:  0-21714

CSB Bancorp, Inc.

(Exact name of registrant as specified in its charter)

Ohio                                                                         34-1687530

(State or other jurisdiction of                             (I.R.S. Employer Identification Number)

incorporation or organization)

6 W. Jackson Street, P.O. Box 232, Millersburg, Ohio  44654

(Address of principal executive offices)

(330) 674-9015

(Registrant's telephone number)

Indicate by check mark whether the registrant (1) filed all reports required to be filed by Section
13 or 15(d) of the Securities Exchange Act of 1934 during the past 12 months (or for such shorter
period that the registrant was required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.

___X___  Yes              ______  No

Indicate the number of shares outstanding of each of the registrant's classes of common stock, as
of the latest practicable date.

Common stock, $6.25 par value                                 Outstanding at October 26, 2000:

2,623,141 common shares

CSB BANCORP, INC.

FORM 10-Q

QUARTER ENDED SEPTEMBER 30, 2000

Table of Contents

Part I - Financial Information

ITEM 1 - FINANCIAL STATEMENTS                                                                   Page

Consolidated Balance Sheets

Consolidated Statements of Income

Condensed Consolidated Statements of Changes in Shareholders' Equity

Condensed Consolidated Statements of Cash Flows

Notes to the Consolidated Financial Statements

ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF

FINANCIAL CONDITION AND RESULTS OF OPERATIONS

ITEM 3 - QUALITATIVE AND QUANTITATIVE DISCLOSURE

ABOUT MARKET RISK

Part II - Other Information

Other Information

Signatures

CSB BANCORP, INC.

CONSOLIDATED BALANCE SHEETS

(Unaudited)

|ASSETS                                                                                                                        | September 30,
2000 | December 31,
1999
|----------------------------------------------------------------------------------------------------------------------------- | ------------------ | -----------------
|Cash and noninterest-bearing deposits with banks                                                                              | $11,834,667        | $10,525,878      
|Interest-bearing deposits with banks                                                                                          | 179,112            | 257,199          
|Federal funds sold                                                                                                            | ---                | 2,484,000        
|Total cash and cash equivalents                                                                                               | 12,013,779         | 13,267,077       
|Securities available for sale, at fair value                                                                                  | 26,800,795         | 30,544,038       
|Securities held to maturity (Fair values
of$70,801,217 in 2000 and $73,631,014 in 1999)                                       | 70,976,599         | 74,843,191       
|Loans, net                                                                                                                    | 208,538,791        | 194,861,507      
|Premises and equipment, net                                                                                                   | 9,097,322          | 8,941,975        
|Accrued interest receivable and other assets                                                                                  | 5,179,448          | 4,088,680        
|Total assets                                                                                                                  | $332,606,734       | $326,546,468     
|                                                                                                                              |                    |                  
|LIABILITIES                                                                                                                   |                    |                  
|Deposits                                                                                                                      |                    |                  
|Noninterest-bearing                                                                                                           | $27,987,296        | $29,047,575      
|Interest-bearing                                                                                                              | 237,521,073        | 240,891,867      
|Total deposits                                                                                                                | 265,508,369        | 269,939,442      
|Securities sold under repurchase agreements                                                                                   | 13,094,624         | 12,835,554       
|Federal funds purchased                                                                                                       | 12,100,000         | ---              
|Federal Home Loan Bank borrowings                                                                                             | 8,653,536          | 9,709,831        
|Accrued interest payable and other liabilities                                                                                | 1,212,412          | 859,963          
|Total liabilities                                                                                                             | 300,568,941        | 293,344,790      
|                                                                                                                              |                    |                  
|SHAREHOLDERS' EQUITY                                                                                                          |                    |                  
|Common stock, $6.25 par value:  9,000,000 shares

authorized; 2000 - 2,667,787 shares issued;

1999 - 2,667,791 shares issued | 16,673,667         | 16,673,693       
|Additional paid-in capital                                                                                                    | 6,422,298          | 6,387,800        
|Retained earnings                                                                                                             | 10,600,121         | 10,702,853       
|Treasury stock at cost:  2000 - 44,644 shares; 

1999 - 8,806 shares                                                          | (1,376,791)        | (173,802)        
|Accumulated other comprehensive income (loss)                                                                                 | (281,502)          | (388,866)        
|Total shareholders' equity                                                                                                    | 32,037,793         | 33,201,678       
|Total liabilities and shareholders' equity                                                                                    | $332,606,734       | $326,546,468     
|                                                                                                                              |                    |                  

See accompanying notes to consolidated financial statements.

CSB BANCORP, INC.

CONSOLIDATED STATEMENTS OF INCOME

(Unaudited)

|                                                      | Three Months Ended

September 30,

2000                           1999 | Nine Months Ended

September 30,

2000                        1999
|----------------------------------------------------- | ---------------------------------------------------------------------- | ------------------------------------------------------------------
|Interest income                                       |                                                                        |                                                                   
|Loans, including fees                                 | $5,248,882                                                             | $4,394,227                                                        
|Taxable securities                                    | 694,041                                                                | 821,609                                                           
|Nontaxable securities                                 | 614,437                                                                | 597,728                                                           
|Other                                                 | 5,588                                                                  | 155,361                                                           
|Total interest income                                 | 6,562,948                                                              | 5,968,925                                                         
|                                                      |                                                                        |                                                                   
|Interest expense                                      |                                                                        |                                                                   
|Deposits                                              | 2,871,512                                                              | 2,719,659                                                         
|Other                                                 | 482,353                                                                | 196,786                                                           
|Total interest expense                                | 3,353,865                                                              | 2,916,445                                                         
|                                                      |                                                                        |                                                                   
|Net interest income                                   | 3,209,083                                                              | 3,052,480                                                         
|Provision for loan losses                             | 616,453                                                                | 151,248                                                           
|                                                      |                                                                        |                                                                   
|Net interest income after provision 

for loan losses | 2,592,630                                                              | 2,901,232                                                         
|Other income                                          |                                                                        |                                                                   
|Service charges on deposit accounts                   | 197,278                                                                | 202,744                                                           
|Gain on sale of loans                                 | 3,809                                                                  | 703                                                               
|Trust and financial services                          | 86,884                                                                 | 66,386                                                            
|Other income                                          | 191,548                                                                | 190,646                                                           
|Total other income                                    | 479,519                                                                | 460,479                                                           
|                                                      |                                                                        |                                                                   
|Other expense                                         |                                                                        |                                                                   
|Salaries and employee benefits                        | 1,196,196                                                              | 1,034,173                                                         
|Occupancy expense                                     | 136,570                                                                | 117,740                                                           
|Equipment expense                                     | 106,630                                                                | 91,413                                                            
|State franchise tax                                   | 98,072                                                                 | 97,025                                                            
|Other expense                                         | 707,448                                                                | 601,276                                                           
|Total other expense                                   | 2,244,916                                                              | 1,941,627                                                         
|                                                      |                                                                        |                                                                   
|Income before income taxes                            | 827,233                                                                | 1,420,084                                                         
|Provision for (benefit from)

income taxes            | 111,039                                                                | 299,313                                                           
|Net income                                            | $716,194                                                               | $1,120,771                                                        
|                                                      |                                                                        |                                                                   
|Basic and diluted earnings

per common share          | $   0.27                                                               | $   0.42                                                          

See accompanying notes to consolidated financial statements.

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES

IN SHAREHOLDERS' EQUITY

(Unaudited)

|                                                                                                                                         | Three Months Ended

September 30,

2000                           1999 | Nine Months Ended

September 30,

2000                        1999
|---------------------------------------------------------------------------------------------------------------------------------------- | ---------------------------------------------------------------------- | ------------------------------------------------------------------
|Balance at beginning of period                                                                                                           | $31,511,146                                                            | $32,227,739                                                       
|                                                                                                                                         |                                                                        |                                                                   
|Net income                                                                                                                               | 716,194                                                                | 1,120,771                                                         
|Other comprehensive income, net of tax                                                                                                   | 148,624                                                                | 19,912                                                            
|Comprehensive income (loss)                                                                                                              | 864,818                                                                | 1,140,683                                                         
|                                                                                                                                         |                                                                        |                                                                   
|Common stock issued under the dividend
reinvestment program and 401(k) plan                                                              | ---                                                                    | 62                                                                
|                                                                                                                                         |                                                                        |                                                                   
|Cash dividends ($.15 and $.45 per share in 2000;
$.12 and $.36 per share in 1999)                                                        | (392,591)                                                              | (317,777)                                                         
|                                                                                                                                         |                                                                        |                                                                   
|Purchase of treasury shares                                                                                                              | (54,431)                                                               | (118,262)                                                         
|                                                                                                                                         |                                                                        |                                                                   
|Treasury shares used for the dividend reinvestment
program (reissued 5,549 and 12,685 treasury
shares), net of fractional shares retired | 108,851                                                                |                                                                   
|Balance at end of period                                                                                                                 | $32,037,793                                                            | $32,932,445                                                       
|                                                                                                                                         |                                                                        |                                                                   

CSB BANCORP, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

|                                                          | Nine Months Ended

September 30,

2000                                             1999
|--------------------------------------------------------- | ---------------------------------------------------------------------------------------
|Net cash from operating activities                        | $4,102,616                                                                             
|                                                          |                                                                                        
|Cash flows from investing activities                      |                                                                                        
|Securities available for sale                             |                                                                                        
|Proceeds from maturities                                  | 4,000,000                                                                              
|Purchases                                                 | 0                                                                                      
|Securities held to maturity                               |                                                                                        
|Proceeds from maturities, calls and
repayments            | 4,640,000                                                                              
|Purchases                                                 | (832,548)                                                                              
|Net change in loans                                       | (17,161,781)                                                                           
|Premises and equipment expenditures,
net                  | (521,040)                                                                              
|Net cash from investing activities                        | (9,875,369)                                                                            
|                                                          |                                                                                        
|Cash flows from financing activities                      |                                                                                        
|Net change in deposits                                    | (4,431,073)                                                                            
|Net change in securities sold under
repurchase agreements | 259,070                                                                                
|Net change in federal funds purchased                     | 12,100,000                                                                             
|Principal reductions on FHLB
borrowings                   | (1,056,295)                                                                            
|Shares purchased by the 401(k) plan                       | ---                                                                                    
|Cash dividends paid                                       | (845,165)                                                                              
|Purchase of treasury stock                                | (1,507,082)                                                                            
|Net cash from financing activities                        | 4,519,455                                                                              
|                                                          |                                                                                        
|Net change in cash and cash equivalents                   | (1,253,298)                                                                            
|                                                          |                                                                                        
|Beginning cash and cash equivalents                       | 13,267,077                                                                             
|                                                          |                                                                                        
|Ending cash and cash equivalents                          | $12,013,779                                                                            
|                                                          |                                                                                        
|Supplemental disclosures                                  |                                                                                        
|Interest paid                                             | $9,438,726                                                                             
|Income taxes paid                                         | 305,000                                                                                
|                                                          |                                                                                        

CSB BANCORP, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The accompanying consolidated financial statements include accounts of CSB Bancorp, Inc. and
its wholly-owned subsidiary, The Commercial and Savings Bank (together referred to as the
"Company" or "CSB"). All significant intercompany transactions and balances have been
eliminated.

These interim financial statements are prepared without audit and reflect all adjustments of a
normal recurring nature which, in the opinion of management, are necessary to present fairly the
consolidated financial position of CSB at September 30, 2000, and its results of operations and
cash flows for the periods presented. The accompanying consolidated financial statements do not
contain all financial disclosures required by generally accepted accounting principles that might
otherwise be necessary in the circumstances. The Annual Report for CSB for the year ended
December 31, 1999, contains consolidated financial statements and related notes which should be
read in conjunction with the accompanying consolidated financial statements.

The Company is engaged in the business of commercial and retail banking and trust services,
with operations conducted through its main office and eight branches located in Millersburg,
Ohio, and nearby communities. These communities are the source of substantially all deposit,
loan and trust activities. The majority of the Company's income is derived from commercial and
retail lending activities and investments in securities.

While the Company's chief decision-makers monitor the revenue streams of the various
Company products and services, operations are managed and financial performance is evaluated
on a Company-wide basis. Accordingly, all of the Company's banking operations are considered
by management to be aggregated in one reportable operating segment.

To prepare financial statements in conformity with generally accepted accounting principles,
management makes estimates and assumptions based on available information. These estimates
and assumptions affect amounts reported in the financial statements and the disclosures provided,
and future results could differ. The allowance for loan losses, realization of deferred tax assets,
fair value of certain securities and determination and carrying value of impaired loans are
particularly subject to change.

The allowance for loan losses is a valuation allowance, increased by the provision for loan losses
and decreased by charge-offs less recoveries. Management estimates the allowance required
based on past loan loss experience, known and inherent risks in the portfolio, information about
specific borrower situations and estimated collateral values, economic conditions and other
factors. Allocations of the allowance may be made for specific loans, but the entire allowance is
available for any loan that, in management's judgment, should be charged-off.

CSB BANCORP, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Loan impairment is reported when full payment under the loan terms is not expected. If a loan is
impaired, a portion of the allowance is allocated so that the loan is reported, net, at the present
value of estimated future cash flows using the loan's existing interest rate or at the fair value of
collateral if repayment is expected solely from the collateral. Loans are evaluated for impairment
when payments are delayed, typically 90 days or more, or when the internal grading system
indicates a doubtful classification.

Smaller-balance homogeneous loans are evaluated for impairment in total. Such loans include
residential first-mortgage loans secured by one- to four-family residences, residential
construction loans and automobile, home equity and other consumer loans less than $100,000.
Commercial loans and mortgage loans secured by other properties are evaluated individually for
impairment.

The Company records income tax expense based on the amount of tax due on its tax return plus
deferred taxes computed based on the expected future tax consequences of temporary differences
between the carrying amounts and tax bases of assets and liabilities, using enacted tax rates.

Basic earnings per share ("EPS") is based on net income divided by the weighted average
number of shares outstanding during the period. Diluted EPS shows the dilutive effect of
additional common shares issuable under stock options. The weighted average number of shares
outstanding for basic and diluted EPS computations were as follows:

|                                                     | Three Months Ended

September 30,

2000                 1999 | Nine Months Ended

September 30,

2000                 1999
|---------------------------------------------------- | ------------------------------------------------------------ | -----------------------------------------------------------
|Weighted average common
shares outstanding (basic    | 2,618,085                                                    | 2,653,755                                                  
|Dilutive effect of assumed
exercise of stock options | 815                                                          | 926                                                        
|Weighted average common
shares outstanding (diluted) | 2,618,900                                                    | 2,654,681                                                  
|                                                     |                                                              |                                                            

SFAS No. 133, "Accounting for Derivative Instruments and Hedging Activities" requires
companies to record derivatives on the balance sheet as assets or liabilities, measured at fair
value. Gains or losses resulting from changes in the values of those derivatives would be

CSB BANCORP, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

accounted for depending on the use of the derivative and whether it qualifies for hedge
accounting.  The key criterion for hedge accounting is that the hedging relationship must be
highly effective in achieving offsetting changes in fair value or cash flows.  The new standard
does not allow hedging of a security which is classified as held to maturity.  Upon adoption of
the standard, companies are allowed to transfer securities from held to maturity to available for
sale if they wish to be able to hedge the securities in the future.  The standard is effective for
fiscal years beginning after June 15, 2000, with early adoption encouraged for any fiscal quarter
beginning July 1, 1998, or later, with no retroactive application.  Management does not expect
the adoption of this standard to have a significant impact on the Company's financial statements.

NOTE 2 - SECURITIES

The amortized cost and fair values of securities are as follows:

|                                                         | September 30, 2000
|-------------------------------------------------------- | ------------------
|                                                         | Amortized
Cost    
|Available for sale                                       |                   
|Debt securities                                          |                   
|U.S. Treasury securities                                 | $1,000,968        
|Obligations of U.S.
government corporations and
agencies | 22,933,845        
|Mortgage-related securities                              | 1,000,000         
|Total debt securities available
for sale                 | 24,934,813        
|Other securities                                         | 2,292,500         
|Total securities available for
sale                      | $27,227,313       
|Held to maturity                                         |                   
|U.S. Treasury securities                                 | $101,732          
|Obligations of U.S.
government corporations and
agencies | 19,497,249        
|Obligations of states and
political subdivisions         | 51,377,618        
|Total securities held to
maturity                        | $70,976,599       
|                                                         |                   

CSB BANCORP, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

NOTE 2 - SECURITIES (Continued)

|                                                         | December 31, 1999
|-------------------------------------------------------- | -----------------
|                                                         | Amortized
Cost   
|Available for sale                                       |                  
|Debt securities                                          |                  
|U.S. Treasury securities                                 | $4,005,693       
|Obligations of U.S.
government corporations and
agencies | 23,939,139       
|Mortgage-related securities                              | 1,000,000        
|Total debt securities                                    | 28,944,832       
|Other securities                                         | 2,188,400        
|Total securities available for
sale                      | $31,133,232      
|Held to maturity                                         |                  
|U.S. Treasury securities                                 | $3,104,636       
|Obligations of U.S.
government corporations and
agencies | 20,499,017       
|Obligations of states and
political subdivisions         | 51,239,538       
|Total securities held to
maturity                        | $74,843,191      
|                                                         |                  

There were no sales of securities during the first nine months of 2000 or 1999.

The amortized cost and fair values of debt securities at September 30, 2000, by contractual
maturity, are shown below.

|                           | Available-for-sale securities | Held-to-maturity securities
|-------------------------- | ----------------------------- | ---------------------------
|                           | Amortized
Cost                | Fair Value                 
|Due in one year or less    | $2,001,915                    | $1,993,750                 
|Due from one to five
years | 21,932,898                    | 21,538,903                 
|Due from five to ten
years | --                            | --                         
|Due after ten years        | --                            | --                         
|Due after ten years        | 1,000,000                     | 975,642                    
|                           | $24,934,813                   | $24,508,295                

CSB BANCORP, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

NOTE 3 - LOANS AND ALLOWANCE FOR LOAN LOSSES

Loans consisted of the following:

|                                            | September 30, 2000 | December 31, 1999
|------------------------------------------- | ------------------ | -----------------
|Commercial                                  | $94,335,292        | $86,185,570      
|Commercial real estate                      | 38,608,813         | 35,690,254       
|Residential real estate                     | 55,450,767         | 31,511,348       
|Residential real estate loans
held for sale | --                 | 20,533,301       
|Installment and credit card                 | 19,297,428         | 17,644,690       
|Construction                                | 6,807,233          | 7,446,805        
|Subtotal                                    | 214,499,533        | 199,011,968      
|Allowance for loan losses                   | (5,256,557)        | (3,418,797)      
|Net deferred loan fees                      | (704,185)          | (731,664)        
|                                            | $208,538,791       | $194,861,507     
|                                            |                    |                  

During the first nine months of 2000, the Company received $1.8 million in proceeds from the
sale of mortgage loans held for sale.  A gain of $24,000 was recognized on these sales.  Also,
during the first nine months of 2000, the Company reclassified $20.5 million in residential real
estate loans from held for sale to the long-term portfolio.

Activity in the allowance for loan losses for the nine months ended September 30, 2000 and 1999
is as follows:

|                          | 2000        | 1999      
|------------------------- | ----------- | ----------
|Beginning balance         | $3,418,797  | $2,887,721
|Provision for loan losses | 3,535,550   | 948,807   
|Charge-offs               | (1,784,722) | (509,547) 
|Recoveries                | 86,932      | 29,252    
|Balance - September 30    | $5,256,557  | $3,356,233
|                          |             |           

Impaired loans at September 30, 2000 and December 31, 1999 were as follows:

|                                                  | September 30, 2000 | December 31, 1999
|------------------------------------------------- | ------------------ | -----------------
|Loans with no allowance for
loan losses allocated | $1,079,243         | $  778,349       
|Loans with allowance for
loan losses allocated    | 2,139,880          | 1,798,435        
|Amount of allowance
allocated                     | 1,051,888          | 378,659          
|                                                  |                    |                  

Impaired loans for the nine months ended September 30, 2000 and 1999 were as follows:

|                                             | September 30, 2000 | December 31, 1999
|-------------------------------------------- | ------------------ | -----------------
|Average of impaired loans                    | $2,821,526         | $2,423,928       
|Interest income recognized
during impairment | 228,286            | 122,778          
|Cash basis interest income
recognized        | 126,279            | 108,661          
|                                             |                    |                  

Nonperforming loans, including certain impaired and smaller-balance homogeneous loans such
as residential mortgage and consumer loans that are collectively evaluated for impairment, were
$1.7 million and $1.8 million at September 30, 2000 and December 31, 1999.  Nonperforming
loans include nonaccrual loans and loans greater than 90 days past due and still accruing interest.

NOTE 4 - SUBSEQUENT EVENTS

The Company expects to enter into a written agreement with the Federal Reserve Bank of
Cleveland and the Ohio Division of Financial Institutions governing certain aspects of the
Company's operations.  The provisions of that agreement are currently being considered and
discussed.

CSB BANCORP, INC.

MANAGEMENT'S DISCUSSION AND ANALYSIS OF

FINANCIAL CONDITION AND RESULTS OF OPERATIONS

ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
AND RESULTS OF OPERATIONS

The following discussion focuses on the consolidated financial condition of CSB Bancorp, Inc.
(the Company) at September 30, 2000, compared to December 31, 1999, and the consolidated
results of operations for the quarterly and year-to-date periods ending September 30, 2000,
compared to the same periods in 1999.  The purpose of this discussion is to provide the reader
with a more thorough understanding of the consolidated financial statements.  This discussion
should be read in conjunction with the interim consolidated financial statements and related
footnotes.

FORWARD-LOOKING STATEMENTS

Certain statements contained in this report that are not historical facts are forward-looking
statements that are subject to certain risks and uncertainties.  When used herein, the terms
"anticipates", "plans", "expects", "believes", and similar expressions as they relate to the
Company or its management are intended to identify such forward-looking statements.  The
Company's actual results, performance or achievements may materially differ from those
expressed or implied in the forward-looking statements.  Risks and uncertainties that could cause
or contribute to such material differences include, but are not limited to, general economic
conditions, interest rate environment, competitive conditions in the financial services industry,
changes in law, governmental policies and regulations, and rapidly changing technology
affecting financial services.

The Company does not undertake, and specifically disclaims any obligation, to publicly revise
any forward-looking statements to reflect events or circumstances after the date of such
statements or to reflect the occurrence of anticipated or unanticipated events.

FINANCIAL CONDITION

Total assets were $332.6 million at September 30, 2000, compared to $326.5 million at
December 31, 1999, representing an increase of $6.1 million or 1.9%.  Total securities decreased
approximately $7.6 million, or 7.2%, during the nine months.  Proceeds from securitites
maturities were used to fund loan growth. Net loans increased $13.7 million, or 7.0%, to $208.5
million.  This increase was primarily a result of an $8.1 million, or 9.5%, increase in commercial
loans, a $2.9 million, or 8.2% increase in commercial real estate loans, and a $3.4 million, or
6.5% increase in residential real estate loans. These increases were a result of loan demand in the
local market area.

As a percentage of total loans, the allowance for loan losses was 2.45% at September 30, 2000,
and 1.72% at December 31, 1999. As described in Note 1 to the financial statements, the
allowance for loan losses is an estimate that encompasses known losses in the portfolio and
management's judgment about the performance of individual credits. Changes in these factors
impact the provision for loan losses.  Additions to the allowance through the provision for loan
losses for 2000 were $3.5 million for the nine months ended September 30, 2000 as compared to
$949,000 for the same period in 1999, and charge-offs were $1.8 million and $510,000 for the
same periods (see also Results of Operations).  These accounted for the net increase in the
allowance for loan losses.  Loans past due more than 90 days and loans placed on nonaccrual
status were approximately $1.8 million, or 0.83% of total loans at September 30, 2000, compared
to $1.5 million, or 0.77% of loans at December 31, 1999. These credits are considered in
management's analysis of the allowance for loan losses.

Premises and equipment increased $155,000, or 1.7%, during the first nine months of 2000.
Other assets increased $1.1 million, or 26.7%, due primarily to the increase in the deferred tax
asset resulting from the additional loan loss reserve.

At September 30, 2000, the ratio of net loans to deposits was 78.5%, compared to 72.2% at the
end of 1999.   The Company's local market area has experienced strong loan demand during
2000.  Because of the competitive nature of the pricing for retail deposits, management has
funded this loan growth through securities maturities and through the use of short-term funding
in the form of federal funds purchased.

Total shareholders' equity decreased $1.2 million, or 3.5%, due primarily to the adoption of a
stock buyback program during the first quarter and $1.2 million of cash dividends declared. The
stock buyback program resulted in the purchases of $1.5 million of stock.  The above decreases
were partially offset by year-to-date net income of $1.1 million.  The stock buyback program has
been terminated.

The Company and its subsidiary met all regulatory capital requirements at September 30, 2000.
The Company's ratio of total capital to risk-weighted assets was 15.66% at September 30, 2000,
while Tier 1 risk-based capital ratio was 14.4%.  Regulatory minimums call for a total risk-based
capital ratio of 8.0%, at least one-half of which must be Tier 1 capital.  The Company's leverage
ratio was 9.78% at September 30, 2000, which exceeds the regulatory minimum of 3% to 5%.

RESULTS OF OPERATIONS

Net income for the nine months ended September 30, 2000, was $1.1 million, or $0.41 per share,
compared to $3.2 million, or $1.19 per share earned during the same period last year, a decrease
of $2.1 million or 65.7%. The primary factor contributing to the decrease was an increase in the
provision for loan loss and in other expenses, which were partially offset by an increase in net
interest income. For the three months ended September 30, 2000, the Company's net income was
$716,000, or $0.27 per share, compared to $1.1 million, or $0.42 per share in the same period of
1999.

During the third quarter of 2000, the Company's provision for loan losses totaled $616,000, an
increase from $151,000 in the third quarter of 1999. The loan loss provision totaled $3.5 million
for the nine months ended September 30, 2000, up from $949,000 for the corresponding period
in the previous year. This was a result of several factors, one of which is continued growth in the
Company's commercial lending, which represents a higher risk of loss than traditional one-to-four family mortgage lending. In addition, the rising interest rate environment has impacted the
ability of some businesses to meet their scheduled loan payments in accordance with original
loan terms. Lastly, information obtained in the second and third quarters of 2000 about specific
borrower situations led to charge-offs and additional reserve requirements. Net charge-offs
totaled $1.7 million for the first nine months of 2000, compared to $480,000 for the same period
in 1999.  The unallocated portion of the allowance at September 30, 2000 was $868,000,
compared to $352,000 at December 31, 1999.  This increase is due to factors noted above,
including deteriorating financial condition of borrowers and economic conditions.  Management
believes the allowance for loan losses reflects the losses in the portfolio for September 30, 2000.

Net interest income was $9.5 million for the first nine months of 2000, a $624,000, or 7.0%
increase over the same period last year.  Interest and fees on loans increased $1.8 million, or
13.7%, primarily as a result of a $17.6 million increase in average loans as compared to the same
period last year and the increase in yields on loans due to higher market rates. Interest income
from securities increased $89,000 or 2.3%. These increases more than offset the $715,000, or
8.2%, increase in interest expense from the first three quarters of 2000, as compared to the same
period in 1999. This increase was due to a $5.6 million increase in the average total of deposits
and other borrowings and an increase in the cost of funds. Other interest income decreased
$540,000, or 96.5%, as overnight funds were invested in loans.

Net interest income for the quarter ended September 30, 2000, was $3.2 million, an increase of
$157,000, or 5.1%, over the same period last year. Interest and fees on loans increased $855,000,
or 19.4%, while other interest income decreased $150,000 for reasons noted above. Interest
expense increased $437,000, or 15.0%, for the three months ended September 30, 2000,
compared to the three months ended September 30, 1999, for reasons noted above.

Other income for the first nine months of 2000 decreased approximately $126,000 as compared
to the prior year, primarily as a result of a $280,000 decrease in gain on the sale of loans from the
1999 period. In the first quarter of 1999, $13.0 million of fixed rate mortgage loans were sold,
resulting in a gain of $303,000. These loans had previously been identified as held for sale. Trust
and financial services income increased $92,000, or 43.7%, due to increased activity in the
department. Other income for the three months ended September 30, 2000, was $480,000, an
increase of $19,000 or 4.1% over the same period in 1999. This increase was primarily due to the
increase in Trust and Financial Services revenues.

Other expenses increased $1.2 million, or 21.2%, for the nine months ended September 30, 1999,
compared to the same period in 1999.  Salaries and employee benefits increased by $571,000 or
20.1%, due to additional staffing in the lending area and normal merit increases. Occupancy
expense increased by $121,000, or 41.7%, due to the new Operations Center, which opened in
the third quarter of 1999. Other expense for the three months ended September 30, 2000,
amounted to $2.2 million, an increase of 15.6% for the same reasons as noted above.

The provision for income taxes was $111,000 for the three months ended September 30, 2000.
For the first nine months of 2000, the net benefit from income taxes was $314,000 as compared
to a provision of $871,000 for the same period in 1999. The differences between 2000 and 1999
were the result of lower net income before income taxes, combined with increased levels of non-taxable interest income.

ITEM 3 - QUALITATIVE AND QUANTITATIVE DISCLOSURE ABOUT MARKET RISK

There have been no material changes in the quantitative and qualitative disclosures about market
risks as of September 30, 2000 from that presented in the Company's Annual Report on Form
10-K for the year ended December 31, 1999.  Management performs a quarterly analysis of the
Company's interest rate risk.  All positions are currently within the Board-approved policy
limits.

CSB BANCORP, INC.

FORM 10-Q

Quarter ended September 30, 2000

PART II - OTHER INFORMATION

Item 1 - Legal Proceedings:

There are no matters required to be reported under this item.

Item 2 - Changes in Securities:

There are no matters required to be reported under this item.

Item 3 - Defaults Upon Senior Securities:

There are no matters required to be reported under this item.

Item 4 - Submission of Matters to a Vote of Security Holders:

There are no matters required to be reported under this item.

Item 5 - Other Information:

There are no matters required to be reported under this item.

Item 6 - Exhibits and Reports on Form 8-K:

(a) Exhibits:

|Exhibit

Number | Description of Document                                                                                                                 | Sequential

Page
|--------------- | --------------------------------------------------------------------------------------------------------------------------------------- | ----------------
|11              | Statement Regarding Computation of Per Share
Earnings (reference is hereby made to Consolidated
Statements of Income on Page 4 hereof.) | 18              
|27              | Financial Data Schedule                                                                                                                 | 19              
|(b)             | Reports on Form 8-K:  No reports on Form 8-K were
filed during the quarter for which this report is filed.                              |                 

CSB BANCORP, INC.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

CSB BANCORP, INC.

(Registrant)

Date:  November 14, 2000                                     /s/_________________________

Douglas D. Akins

President

Chief Executive Officer



Date:  November 14, 2000                                     /s/_________________________

A. Lee Miller

Senior Vice President

Chief Financial Officer



CSB BANCORP, INC.

EXHIBIT 11

STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS

|                                            | Three Months Ended

September 30,

2000                     1999 | Nine Months Ended

September 30,

2000                     1999
|------------------------------------------- | ---------------------------------------------------------------- | ---------------------------------------------------------------
|Net income                                  | $716,194                                                         | $1,120,771                                                     
|Average basic
shares
outstanding            | 2,618,085                                                        | 2,653,755                                                      
|Add:  Effect of
stock options               | 815                                                              | 926                                                            
|Average diluted
shares
outstanding          | 2,618,900                                                        | 2,654,681                                                      
|Basic and
diluted earnings
per common
share | $  0.27                                                          | $  0.42                                                        
|                                            |                                                                  |