Commercial Bancshares, Inc. (the "Company") is a corporation organized under the laws of the State of Ohio. Its principal business is to operate the Commercial Savings Bank (the "Bank"), which is a wholly-owned subsidiary, and its principal asset. The main office of the Company and the Bank are located at 118 South Sandusky Avenue, Upper Sandusky, Ohio 43351. Although wholly owned by the Company, the Bank functions as an independent community bank. The Bank was organized on April 20, 1920 as a state-chartered bank and incorporated as "The Lewis Bank & Trust Corporation" under the laws and statutes of the State of Ohio. An amendment to the articles of incorporation on February 8, 1929 changed the name of the Bank to its present name. The Bank provides customary retail and commercial banking services to its customers, including acceptance of deposits for demand, savings and time accounts, individual retirement accounts (IRAs) and servicing of such accounts; commercial, consumer and real estate lending, including installment loans, and safe deposit and night depository facilities. The Bank is a nonmember of the Federal Reserve System, is insured by the Federal Deposit Insurance Corporation (FDIC) and is regulated by the Ohio Division of the Financial Institutions and the FDIC.
Customer service means as much to us as it does to you. That's why the service we provide is "Simply Better!" We offer personal attention, prompt responses, and decisions made in your local branch. Our employees are actively involved in many projects and programs in the communities in which they live and serve. And as your local community bank, we take less risk than some of our larger competitors, ensuring customers quality and trustworthy service. Our goal is to be your financial resource for all your banking needs, whether it is personal or business banking. We operate full-service offices in Upper Sandusky, Arlington, Carey, Findlay, and Marion; a limited service office in Harpster; along with a loan production office in Worthington.
|Feb 27, 2017||First Defiance Financial Corp. Completes the Acquisition of Commercial Bancshares, Inc. and The Commercial Savings Bank|
|Dec 13, 2016||First Defiance Financial Corp. Receives Regulatory Approval for Proposed Merger|
|Sep 06, 2016||Lifshitz & Miller Law Firm Announces Investigation of Ambac Financial Group, Inc., Cardinal Financial Corp., Commercial Bancshares, Inc., G&K Services Inc., Interactive Intelligence Group Inc., Power Solutions International, Inc., Providence and Worcester Railroad Company, and Silicon Graphics International Corp.|
|Sep 06, 2016||Commercial Bancshares, Inc. Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Merger with First Defiance Financial Corp.|
|Sep 02, 2016||INVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Commercial Bancshares, Inc. And Encourages Shareholders To Contact The Firm For Additional Information|
|Day Range||54.00 - 54.00|
|52 Week Range||29.25 - 58.59|
|Bid/Ask||0.00 / 0.00|
|Bid/Ask Size||0 X 0|
|Market Cap||63.99 million|
|Shares Outstanding||1.19 million|
|Dividend/Yield||0.00 / 0.00%|
|P/E Ratio (TTM)||15.49|