The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

From Q2 2025 to Q2 2026, the score fell 3 points (72 → 69), mostly because the loan quality component weakened by 19 points.

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Similar-size banks in Indiana

Yes. The Garrett State Bank is an FDIC-insured institution (FDIC certificate #8074). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 44.3% of deposits ($150.2M) are above the $250,000 FDIC insurance limit, above the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 10.47%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 19.14% (benchmark: 10%).

Check how much of your own balance is covered

The Garrett State Bank lists 3 offices in 2 cities. Most locations:

• Garrett, IN (2)
• Fort Wayne, IN (1)

All branch addresses and map

In 2025, The Garrett State Bank reported 210 home-loan applications under HMDA (LEI 549300I3BPURP4WOHN47): 169 originated ($28,815,000 total), 25 denied, and 10 withdrawn or closed by the applicant. Its denial rate on decided applications was 12.5%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Legal name

The Garrett State Bank

Type

State-chartered bank (Fed member)

FDIC certificate #

8074

RSSD ID

465243

Primary regulator

FED

Holding company

G S B Financial Corp

Established

November 1, 1893

Headquarters

120 W King St, Garrett, IN 46738

Website

www.garrettstatebank.com

Employees

37