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 12/31/2007 12/31/2006
Cash & Due From Banks $20,638,000 $27,748,000
Money Market Funds    
US Govt. & Agency Securities 150,438,000 151,555,000
State & Municipal Securities 21,572,000 18,078,000
Other Bonds & Securities 136,827,000 119,259,000
Total Securities 308,837,000 288,892,000
Federal Funds Sold   40,195,000
Loans (Net) 552,957,000 505,461,000
Bank Premises & Equipment 20,184,000 21,021,000
Other Assets 10,156,,000 10,572,000
TOTAL ASSETS $912,772,000 $893,889,000
     
LIABILITIES & SHAREHOLDER EQUITY
Demand Deposits 156,392,000 163,321,000
Savings, NOW & MM Deposits 299,585,000 310,167,000
Time Deposits 299,060,000 288,136,000
Total Deposits 755,037,000 761,624,000
Repurchase Agreements 28,510,000 18,331,000
Borrowed Funds 27,700,000 22,000,000
Other Liabilities 5,469,000 4,225,000
Shareholder Equity 96,056,000 87,709,000

TOTAL LIABILITIES & SHAREHOLDER EQUITY
912,772,000 $893,889,000