401k Plan data: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN plan

COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan Name	COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number	001

COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
The employer maintaining this ESOP is an S Corporation
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

GALVA INVESTMENT, INC. has sponsored the creation of one or more 401k plans.

Company Name: GALVA INVESTMENT, INC.

Employer identification number (EIN): 363089214

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 LUKE HAWKINS 2023-10-13
001 2021-01-01 LUKE HAWKINS 2022-10-11
001 2020-01-01 LUKE HAWKINS 2021-07-19
001 2019-01-01 LUKE HAWKINS 2020-06-11
001 2018-01-01 LUKE HAWKINS 2019-07-02
001 2017-01-01
001 2016-01-01
001 2015-01-01
001 2009-01-01 KEVIN YEPSEN LINDA RALEY 2010-07-12

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01	LUKE HAWKINS	2023-10-13
001	2021-01-01	LUKE HAWKINS	2022-10-11
001	2020-01-01	LUKE HAWKINS	2021-07-19
001	2019-01-01	LUKE HAWKINS	2020-06-11
001	2018-01-01	LUKE HAWKINS	2019-07-02
001	2017-01-01
001	2016-01-01
001	2015-01-01
001	2009-01-01	KEVIN YEPSEN		LINDA RALEY	2010-07-12

Plan Statistics for COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 46
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 43
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 9
Total of all active and inactive participants 2022-01-01 52
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 52
Number of participants with account balances 2022-01-01 51
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 2
2021: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 49
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 41
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 3
Total of all active and inactive participants 2021-01-01 44
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 44
Number of participants with account balances 2021-01-01 44
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 49
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 42
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 6
Total of all active and inactive participants 2020-01-01 48
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 48
Number of participants with account balances 2020-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 46
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 47
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 2
Total of all active and inactive participants 2019-01-01 49
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 49
Number of participants with account balances 2019-01-01 47
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 49
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 42
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 2
Total of all active and inactive participants 2018-01-01 44
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 44
Number of participants with account balances 2018-01-01 44
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 46
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 38
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 8
Total of all active and inactive participants 2017-01-01 46
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 46
Number of participants with account balances 2017-01-01 46
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 50
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 42
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 4
Total of all active and inactive participants 2016-01-01 46
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 46
Number of participants with account balances 2016-01-01 46
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 1
2015: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 41
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 41
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 6
Total of all active and inactive participants 2015-01-01 47
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 47
Number of participants with account balances 2015-01-01 45
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 1
2009: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 31
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 28
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 0
Total of all active and inactive participants 2009-01-01 28
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 28
Number of participants with account balances 2009-01-01 27
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2022: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	46
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	43
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	9
Total of all active and inactive participants	2022-01-01	52
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	52
Number of participants with account balances	2022-01-01	51
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	2
2021: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	49
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	41
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	3
Total of all active and inactive participants	2021-01-01	44
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	44
Number of participants with account balances	2021-01-01	44
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	49
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	42
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	6
Total of all active and inactive participants	2020-01-01	48
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	48
Number of participants with account balances	2020-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	46
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	47
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	2
Total of all active and inactive participants	2019-01-01	49
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	49
Number of participants with account balances	2019-01-01	47
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	49
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	42
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	2
Total of all active and inactive participants	2018-01-01	44
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	44
Number of participants with account balances	2018-01-01	44
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	46
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	38
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	8
Total of all active and inactive participants	2017-01-01	46
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	46
Number of participants with account balances	2017-01-01	46
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	50
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	42
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	4
Total of all active and inactive participants	2016-01-01	46
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	46
Number of participants with account balances	2016-01-01	46
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	1
2015: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	41
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	41
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	6
Total of all active and inactive participants	2015-01-01	47
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	47
Number of participants with account balances	2015-01-01	45
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	1
2009: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	31
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	28
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	0
Total of all active and inactive participants	2009-01-01	28
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	28
Number of participants with account balances	2009-01-01	27
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN

Measure	Date	Value
2022 : COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Total plan liabilities at end of year	2022-12-31	$156,333
Total plan liabilities at beginning of year	2022-12-31	$209,783
Total income from all sources	2022-12-31	$-303,324
Expenses. Total of all expenses incurred	2022-12-31	$72,899
Benefits paid (including direct rollovers)	2022-12-31	$32,563
Total plan assets at end of year	2022-12-31	$9,618,393
Total plan assets at beginning of year	2022-12-31	$10,048,066
Value of fidelity bond covering the plan	2022-12-31	$3,000,000
Total contributions received or receivable from participants	2022-12-31	$297,032
Expenses. Other expenses not covered elsewhere	2022-12-31	$7,518
Contributions received from other sources (not participants or employers)	2022-12-31	$143,436
Other income received	2022-12-31	$-881,667
Net income (gross income less expenses)	2022-12-31	$-376,223
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$9,462,060
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$9,838,283
Assets. Value of employer securities	2022-12-31	$3,490,561
Total contributions received or receivable from employer(s)	2022-12-31	$137,875
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$32,818
2021 : COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Total plan liabilities at end of year	2021-12-31	$209,783
Total plan liabilities at beginning of year	2021-12-31	$261,167
Total income from all sources	2021-12-31	$1,745,730
Expenses. Total of all expenses incurred	2021-12-31	$180,105
Benefits paid (including direct rollovers)	2021-12-31	$132,556
Total plan assets at end of year	2021-12-31	$10,048,066
Total plan assets at beginning of year	2021-12-31	$8,533,825
Value of fidelity bond covering the plan	2021-12-31	$3,000,000
Total contributions received or receivable from participants	2021-12-31	$271,766
Expenses. Other expenses not covered elsewhere	2021-12-31	$9,583
Other income received	2021-12-31	$1,351,812
Net income (gross income less expenses)	2021-12-31	$1,565,625
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$9,838,283
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$8,272,658
Assets. Value of employer securities	2021-12-31	$3,647,504
Total contributions received or receivable from employer(s)	2021-12-31	$122,152
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$37,966
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
2020 : COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data
Total plan liabilities at end of year	2020-12-31	$261,167
Total plan liabilities at beginning of year	2020-12-31	$310,534
Total income from all sources	2020-12-31	$1,252,226
Expenses. Total of all expenses incurred	2020-12-31	$175,573
Benefits paid (including direct rollovers)	2020-12-31	$128,942
Total plan assets at end of year	2020-12-31	$8,533,825
Total plan assets at beginning of year	2020-12-31	$7,506,539
Value of fidelity bond covering the plan	2020-12-31	$3,000,000
Total contributions received or receivable from participants	2020-12-31	$265,072
Expenses. Other expenses not covered elsewhere	2020-12-31	$11,600
Other income received	2020-12-31	$861,081
Net income (gross income less expenses)	2020-12-31	$1,076,653
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$8,272,658
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$7,196,005
Assets. Value of employer securities	2020-12-31	$3,161,590
Total contributions received or receivable from employer(s)	2020-12-31	$126,073
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$35,031
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
2019 : COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data
Total plan liabilities at end of year	2019-12-31	$310,534
Total plan liabilities at beginning of year	2019-12-31	$358,026
Total income from all sources	2019-12-31	$1,439,926
Expenses. Total of all expenses incurred	2019-12-31	$255,512
Benefits paid (including direct rollovers)	2019-12-31	$202,765
Total plan assets at end of year	2019-12-31	$7,506,539
Total plan assets at beginning of year	2019-12-31	$6,369,617
Value of fidelity bond covering the plan	2019-12-31	$3,000,000
Total contributions received or receivable from participants	2019-12-31	$252,779
Expenses. Other expenses not covered elsewhere	2019-12-31	$13,476
Other income received	2019-12-31	$1,072,090
Net income (gross income less expenses)	2019-12-31	$1,184,414
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$7,196,005
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$6,011,591
Assets. Value of employer securities	2019-12-31	$3,045,165
Total contributions received or receivable from employer(s)	2019-12-31	$115,057
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$39,271
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
2018 : COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data
Total plan liabilities at end of year	2018-12-31	$358,026
Total plan liabilities at beginning of year	2018-12-31	$403,683
Total income from all sources	2018-12-31	$369,726
Expenses. Total of all expenses incurred	2018-12-31	$244,721
Benefits paid (including direct rollovers)	2018-12-31	$194,438
Total plan assets at end of year	2018-12-31	$6,369,617
Total plan assets at beginning of year	2018-12-31	$6,290,269
Value of fidelity bond covering the plan	2018-12-31	$3,000,000
Total contributions received or receivable from participants	2018-12-31	$245,169
Expenses. Other expenses not covered elsewhere	2018-12-31	$15,311
Other income received	2018-12-31	$14,389
Net income (gross income less expenses)	2018-12-31	$125,005
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$6,011,591
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$5,886,586
Assets. Value of employer securities	2018-12-31	$2,836,471
Total contributions received or receivable from employer(s)	2018-12-31	$110,168
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$34,972
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
2017 : COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k financial data
Total plan liabilities at end of year	2017-12-31	$403,683
Total plan liabilities at beginning of year	2017-12-31	$522,820
Total income from all sources	2017-12-31	$1,314,332
Expenses. Total of all expenses incurred	2017-12-31	$340,420
Benefits paid (including direct rollovers)	2017-12-31	$289,350
Total plan assets at end of year	2017-12-31	$6,290,269
Total plan assets at beginning of year	2017-12-31	$5,435,494
Value of fidelity bond covering the plan	2017-12-31	$3,000,000
Total contributions received or receivable from participants	2017-12-31	$272,703
Expenses. Other expenses not covered elsewhere	2017-12-31	$20,347
Other income received	2017-12-31	$934,577
Net income (gross income less expenses)	2017-12-31	$973,912
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$5,886,586
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$4,912,674
Assets. Value of employer securities	2017-12-31	$2,674,120
Total contributions received or receivable from employer(s)	2017-12-31	$107,052
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$30,723
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
2016 : COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k financial data
Transfers to/from the plan	2016-12-31	$0
Total plan liabilities at end of year	2016-12-31	$522,820
Total plan liabilities at beginning of year	2016-12-31	$635,026
Total income from all sources	2016-12-31	$796,402
Expenses. Total of all expenses incurred	2016-12-31	$533,942
Benefits paid (including direct rollovers)	2016-12-31	$496,502
Total plan assets at end of year	2016-12-31	$5,435,494
Total plan assets at beginning of year	2016-12-31	$5,285,240
Value of fidelity bond covering the plan	2016-12-31	$3,000,000
Total contributions received or receivable from participants	2016-12-31	$238,698
Expenses. Other expenses not covered elsewhere	2016-12-31	$27,072
Other income received	2016-12-31	$453,265
Net income (gross income less expenses)	2016-12-31	$262,460
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$4,912,674
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$4,650,214
Assets. Value of employer securities	2016-12-31	$2,394,205
Total contributions received or receivable from employer(s)	2016-12-31	$104,439
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$10,368
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
2015 : COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k financial data
Total plan liabilities at end of year	2015-12-31	$635,026
Total plan liabilities at beginning of year	2015-12-31	$210,766
Total income from all sources	2015-12-31	$455,990
Expenses. Total of all expenses incurred	2015-12-31	$294,714
Benefits paid (including direct rollovers)	2015-12-31	$264,010
Total plan assets at end of year	2015-12-31	$5,285,240
Total plan assets at beginning of year	2015-12-31	$4,699,704
Value of fidelity bond covering the plan	2015-12-31	$2,000,000
Total contributions received or receivable from participants	2015-12-31	$183,889
Expenses. Other expenses not covered elsewhere	2015-12-31	$17,839
Other income received	2015-12-31	$178,290
Net income (gross income less expenses)	2015-12-31	$161,276
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$4,650,214
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$4,488,938
Assets. Value of employer securities	2015-12-31	$2,251,975
Total contributions received or receivable from employer(s)	2015-12-31	$93,811
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$12,865
2009 : COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN

2022: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2009: COMMUNITY STATE BANK OF GALVA 401(K) & EMPLOYEE STOCK OWNERSHIP PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	GALVA INVESTMENT, INC.
Employer identification number (EIN):	363089214
NAIC Classification:	522110
NAIC Description:	Commercial Banking