Safe and Sound Since 1921

GSB is a conservatively managed, privately held financial institution. The bank is a wholly-owned subsidiary of Cummins-American Corporation, a bank holding company.

Financial Statement
ASSETS as of December 31 12/31/14 12/31/13
Cash & Due From Banks 39,453,000 39,695,000
Money Market Funds    
US Gov't. & Agency Securities 255,519,000 259,581,000
State & Municipal Securities 21,198,000 19,308,000
Other Bonds & Securities 358,891,000 365,278,000
Total Securities 635,608,000 644,167,000
Federal Funds Sold    
Loans (Net) 493,017,000 484,509,000
Bank Premises & Equipment 18,564,000 19,584,000
Other Assets 11,662,000 11,614,000
TOTAL ASSETS 1,198,304,000 1,199,569,000
     
LIABILITIES & SHAREHOLDER EQUITY
Demand Deposits 226,847,000 215,038,000
Savings, NOW & MM Deposits 665,876,000 652,781,000
Time Deposits 165,544,000 184,380,000
Total Deposits 1,058,267,000 1,052,199,000
Repurchase Agreements 11,475,000 24,503,000
Borrowed Funds    
Other Liabilities 5,130,000 5,719,000
Shareholder Equity 123,432,000 117,148,000

TOTAL LIABILITIES & SHAREHOLDER EQUITY
1,198,304,000 1,199,569,000