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 12/31/13 12/31/12
Cash & Due From Banks 39,695,000 82,245,000
Money Market Funds    
US Gov't. & Agency Securities 259,581,000 267,110,000
State & Municipal Securities 19,308,000 17,294,000
Other Bonds & Securities 365,278,000 393,991,000
Total Securities 644,167,000 678,395,000
Federal Funds Sold    
Loans (Net) 484,509,000 425,397,000
Bank Premises & Equipment 19,584,000 20,461,000
Other Assets 11,614,000 12,932,000
TOTAL ASSETS 1,199,569,000 1,219,430,000
     
LIABILITIES & SHAREHOLDER EQUITY
Demand Deposits 215,038,000 211,763,000
Savings, NOW & MM Deposits 652,781,000 630,962,000
Time Deposits 184,380,000 217,122,000
Total Deposits 1,052,199,000 1,059,847,000
Repurchase Agreements 24,503,000 29,480,000
Borrowed Funds    
Other Liabilities 5,719,000 5,503,000
Shareholder Equity 117,148,000 124,600,000

TOTAL LIABILITIES & SHAREHOLDER EQUITY
1,199,569,000 1,219,430,000