Overview / Commentary
From the Bank
Founded in 1875 by 17 local business owners, we have proudly stood as a trusted institution. Starting with a $17,000 investment and one branch, GSB has grown to a six-office, $700 million bank.
Time has passed, but our commitment to the community remains equally strong. The first item on our strategic plan is to always remain a mutual savings bank. We have no stockholders. That means it's in our best interest that you succeed. You thrive, we thrive. This customer focus sets us apart from other financial institutions.
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Health
A+
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 18194 |
| Year Established | 1875 |
| Employees | 130 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.77% |
| Return on Equity - YTD | 6.35% |
| Annual Interest Income | $31.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $838.2MM$787.1MM |
| Loans | Q4 2019vs Q4 2018 | $641.9MM$579.2MM |
| Deposits | Q4 2019vs Q4 2018 | $652.6MM$623.7MM |
| Equity Capital | Q4 2019vs Q4 2018 | $101.9MM$95.4MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $6.4MM$5.9MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $3.9MM$3.2MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |