How profitable a bank is has an effect on its long-term survivability. A bank can retain its earnings, boosting its capital buffer, or put them to work addressing problematic loans, potentially making the bank better able to withstand economic shocks. Obviously, banks that are losing money have less ability to do those things.
On Bankrate's earnings test, The Commercial and Savings Bank of Millersburg, Ohio scored 20 out of a possible 30, above the national average of 15.12.
One important measure of a bank's earnings is return on equity, calculated by dividing net income (essentially profit) by total equity. The Commercial and Savings Bank of Millersburg, Ohio's most recent annualized quarterly return on equity was 10.92 percent, above the national average of 8.10 percent.
The bank recorded net income of $7.3 million on total equity of $69.3 million for the twelve months ended December 31, 2017. The bank reported an annualized return on average assets, or ROA, of 1.06 percent, above the 1 percent deemed satisfactory in accordance with industry standards, and above the average for U.S. banks of 1.00 percent.