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 12/31/12 12/31/11
Cash & Due From Banks 82,245,000 89,900,000
Money Market Funds    
US Gov't. & Agency Securities 267,110,000 180,274,000
State & Municipal Securities 17,294,000 3,255,000
Other Bonds & Securities 393,991,000 458,108,000
Total Securities 678,395,000 641,637,000
Federal Funds Sold    
Loans (Net) 425,397,000 407,402,000
Bank Premises & Equipment 20,461,000 19,259,000
Other Assets 12,932,000 12,496,000
TOTAL ASSETS 1,219,430,000 1,170,694,000
     
LIABILITIES & SHAREHOLDER EQUITY
Demand Deposits 211,763,000 209,304,000
Savings, NOW & MM Deposits 630,962,000 567,275,000
Time Deposits 217,122,000 230,500,000
Total Deposits 1,059,847,000 1,007,079,000
Repurchase Agreements 29,480,000 28,653,000
Borrowed Funds   10,000,000
Other Liabilities 5,503,000 5,538,000
Shareholder Equity 124,600,000 119,424,000

TOTAL LIABILITIES & SHAREHOLDER EQUITY
1,219,430,000 1,170,694,000