Document:

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                                  EXHIBIT 10.3

                        AMENDMENT TO EMPLOYMENT AGREEMENT

     This Amendment to Employment Agreement is made and entered into as of this
28th day of August, 2000, by and between The Savings Bank, an Ohio state
chartered commercial bank (the "Bank"), and Stephen A. Gary (the "Employee").

     WHEREAS, the Bank and the Employee previously entered into an Employment
Agreement dated as of January 28, 2000 (the "Agreement"), pursuant to which the
Employee agreed to continue to act as President and CEO of the Bank;

     WHEREAS, The Bank and the Employee desire to amend the Agreement as set
forth herein.

     NOW, THEREFORE, in consideration of the premises and the mutual covenants
herein set forth, the parties hereto mutually agree as follows:

1.   Modification of Section 3(f)(v). Section 3(f)(v) of the Agreement shall be
     modified by renumbering it as 3(f)(iv) and subsection A of that subsection
     shall be deleted in its entirety and replaced by the following language:

          "(A) the acquisition of ownership or power to vote more than 35% of
          the voting stock of the Bank;"

2.   Renumbering of Section 3(f). Subsections (vi) and (vii) of Section 3(f) of
     the Agreement shall be renumbered as subsections (v) and (vi),
     respectively.

3.   Otherwise Unmodified. Except as set forth herein, the Agreement shall
     remain unmodified and in full force and effect.

     IN WITNESS WHEREOF, the Bank and the Employee have signed this Amendment to
Employment Agreement as of the date and year first above written.

The Savings Bank

By:      /s/ Thomas F. Tootle
   -----------------------------------------
     Name:        Thomas F. Tootle
           ---------------------------------
     Title:       Chairman
            --------------------------------

  /s/ Stephen A. Gary
--------------------------------------------
Stephen A. Gary<PAGE>   1
                                  EXHIBIT 10.4

                              EMPLOYMENT AGREEMENT

This Agreement is made this 20th day of August, 2000, by and between The Savings
Bank, an Ohio chartered commercial bank (hereinafter called the "Bank"), and
Connie L. Campbell hereinafter called the "Employee."

         WHEREAS, the Board of Directors of the Bank believes that the future
services of the Employee in a senior executive capacity will be of great value
to the Bank; and

         WHEREAS, the Employee is willing to continue in the employ of the Bank
on a full-time basis for the term of three Agreement.

         NOW, THEREFORE, in consideration of the premises and the mutual
covenants herein set forth, the parties hereto have agreed and do hereby
mutually agree as follows:

1.       Term -- Agreement to Serve

         The Bank hereby employs for itself or its subsidiaries (hereinafter
         sometimes collectively referred to as "Bank"), the services of Employee
         for a period commencing as of the date first written above and
         terminating December 31, 2002 (the "Termination Date"), subject to the
         rights of earlier termination hereinafter set forth, to perform the
         duties of Executive Vice President. The Employee hereby accepts such
         employment in consideration of the compensation and the other terms and
         conditions herein provided, and agrees to serve the Bank well and
         faithfully and to devote her best efforts to such employment as long as
         it shall continue hereunder. During the period of such employment, the
         Employee will devote all of her time and attention -- reasonable
         vacations, periods of illness and the like excepted -- to the affairs
         of the Bank.

2.       Base Salary and Fringe Benefits

         Except as otherwise provided herein, as compensation for these services
         hereunder, the Bank will pay to Employee, in installments and on dates
         in accordance with its normal payroll, during the period of her
         employment hereunder, a base salary at the aggregate rate of Sixty Six
         Thousand Dollars ($66,000) per year, subject to the right of the
         parties, by mutual agreement, to adjust such rate upward in respect of
         any future calendar year or years after the date hereof, hereinafter
         "Base Pay."

         In addition the Bank shall:

         (a)      Provide $50,000 in term life insurance, payable to the
                  beneficiary of Employee's choice.

         (b)      Provide four (4) weeks paid vacation annually.

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         (c)      Pay for and provide to Employee reasonable and customary
                  disability insurance. In the event the parties are unable to
                  agree on what shall constitute "reasonable and customary" the
                  decision of the Bank shall be conclusive, provided, however,
                  that such insurance shall provide Employee with a monthly
                  disability insurance payment equal to not less than 60% of her
                  monthly Base Pay and Employee shall be entitled to receive
                  100% of her Base Pay during the first ninety (90) days of any
                  disability of Employee.

         (d)      Provide for the Employee's participation in other employee
                  benefit plans or programs of the Bank, if any, to the extent
                  that her position, tenure, salary and other qualifications
                  make her eligible to participate, subject to the rules and
                  regulations applicable thereto including employee bonus plans,
                  if any, as the same may be in effect from time to time.

         (e)      Reimbursement of fees and expenses incurred in connection with
                  business of the Bank including, fees for attendance at banking
                  related conventions and similar items approved by the Board of
                  Directors.

3.       Termination of Employment

         The employment of the Employee under the terms of this Agreement shall
         cease and terminate as follows:

         (a)      Expiration of Term

                  On the Termination Date; or,

         (b)      Death

                  On the date of her death; or,

         (c)      Termination by the Bank with Cause

                  For Cause at any time by action of the Board. For purposes
                  hereof, the term "Cause" shall mean removal by order of a
                  regulatory agency having jurisdiction over the Bank, or the
                  Employee's willful and repeated failure to perform her duties
                  under this Employment Agreement, which failure has not been
                  cured within thirty (30) days after the Bank gives notice
                  thereof to the Employee; it being expressly understood that
                  negligence or bad judgment shall not constitute "Cause" so
                  long as such act or omission shall be without intent of
                  personal profit and is reasonably believed by the Employee to
                  be in or not adverse to the best interests of the Bank; or,

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         (d)      Disability

                  Upon receipt by the Employee of written notice from the Bank
                  that, in its opinion, based on reliable medical evidence, the
                  Employee is unable by reason of permanent disability to
                  continue the proper performance of her duties hereunder. For
                  purposes of this Employment Agreement, the Employee's
                  "permanent disability" shall be deemed to have occurred after
                  one hundred eighty (180) consecutive days, during which one
                  hundred eighty (180) days the Employee, by reason of her
                  physical or mental disability or illness, shall have been
                  unable to discharge her duties under this Employment
                  Agreement. The date of permanent disability shall be such one
                  hundred eightieth (180th) day. In the event either the Bank or
                  the Employee, after receipt of notice of the Employee's
                  permanent disability from the other, dispute that the
                  Employee's permanent disability shall have occurred, the
                  Employee shall promptly submit to physical examinations by
                  three physicians in the Circleville, Ohio, area, one of whom
                  shall be a physician who regularly has treated Employee, and,
                  unless two of such physicians shall issue their written
                  statement to the effect that in their opinion, based on their
                  diagnosis, the Employee is capable of resuming her employment
                  and devoting her full time and energy to discharging her
                  duties within sixty (60) days after the date of such
                  statement, such permanent disability shall be deemed to have
                  occurred. or,

         (e)      Termination by the Bank without Cause

                  At the election of the Bank, at any time during the term of
                  this Agreement without cause.

         (f)      Termination in Connection with Change in Control.

                  In the event that the employment of the Employee is terminated
                  by the Bank in connection with a Change of Control
                  (hereinafter defined) for any reason other than for "Cause" as
                  defined in Section 3(c) above, then the following shall occur:

                  (i)      The Bank shall promptly pay to the Employee or to her
                           beneficiaries, dependents or estate an amount equal
                           to the product of 2.0 multiplied by the Employee's
                           "base amount" as defined in Section 280G(b)(3) of the
                           Internal Revenue Code of 1986, as amended, and the
                           regulations promulgated thereunder (hereinafter
                           collectively referred to as "Section 280G");

                  (ii)     The Employee, her dependents, beneficiaries and
                           estate shall continue to be covered at the Bank's
                           expense under all health, life, disability and other
                           benefit plans of the Bank, as described in Section 2
                           of this Agreement, in which the Employee was a
                           participant prior to the effective date of the
                           termination of her employment as if the Employee were
                           still employed under this Agreement until the earlier
                           of the expiration of the term of this

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                           Agreement or the date on which the Employee is
                           included in another employer's benefit plans as a
                           full-time employee; and

                  (iii)    The Employee shall not be required to mitigate the
                           amount of any payment provided for in this Agreement
                           by seeking other employment or otherwise, nor shall
                           any amounts received from other employment or
                           otherwise by the Employee offset in any manner the
                           obligations of the Bank hereunder, except as
                           specifically stated in subparagraph (ii) above.

                  (iv)     A "Change in Control" shall mean any one of the
                           following events:

                           (A) the acquisition of ownership or power to vote
                           more than 35% of the voting stock of the Bank;

                           (B) the acquisition of the ability to control the
                           election of a majority of the directors of the Bank;

                           (C) during any period of three or less consecutive
                           years, individuals who at the beginning of such
                           period constitute the Board of Directors of the Bank
                           cease for any reason to constitute at least a
                           majority thereof; provided, however, that any
                           individual whose election or nomination for election
                           as a member of the Board of Directors of the Bank was
                           approved by a vote of at least two-thirds of the
                           directors then in office shall be considered to have
                           continued to be a member of the Board of Directors of
                           the Bank;

                           (D) an event that would be required to be reported in
                           response to Item 1(a) of Form 8-K or Item 6(e) of
                           Schedule 14A of Regulation 14A pursuant to the
                           Securities Exchange Act of 1934, as amended
                           (hereinafter referred to as the "Exchange Act"), or
                           any successor thereto, whether or not any class of
                           securities of the Bank is registered under the
                           Exchange Act.

                  (v)      In the event that the Employee becomes entitled to
                           the benefits or payments set forth under this Section
                           3(f) or other benefits due from the Bank to Employee
                           (together, the "Total Benefits"), and in the event
                           that any of the Total Benefits will be subject to the
                           Excise Tax as set forth in Section 280G of the Code
                           (herein the "Excise Tax"), the Bank shall pay to the
                           Employee an additional amount (the "Gross-Up
                           Payment(s)") on a monthly basis in addition to the
                           amounts set forth in Section 3(f) hereof, such that
                           the net amount retained by the Employee, after
                           deduction of any Excise Tax on the Total Benefits and
                           any federal, state and local income tax, Excise Taxes
                           and FICA and Medicare withholding taxes upon the
                           payment provided for by this Section 3(f), shall be
                           equal to the Total Benefits.

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                           For purposes of determining whether any of the Total
                           Benefits will be subject to the Excise Tax and the
                           amount of such Excise Tax, (i) any other payments or
                           benefits received or to be received by the Employee
                           in connection with a Change in Control or the
                           Employee's termination of employment (whether
                           pursuant to the terms of this Agreement or any other
                           agreement, or other plan or arrangement with the
                           Bank, any Person whose actions result in a Change in
                           Control or any Person affiliated with the Bank or
                           such Person) shall be treated as "parachute payments"
                           within the meaning of Section 280G(b)(2) of the Code,
                           and all "excess parachute payments" within the
                           meaning of Section 280G(b)(1) shall be treated as
                           subject to the Excise Tax, unless in the opinion of
                           tax counsel ("Tax Counsel") selected by the Bank's
                           independent auditors and acceptable to the Employee,
                           such other payments or benefits (in whole or in part)
                           do not constitute parachute payments, or such excess
                           parachute payments (in whole or in part) represent
                           reasonable compensation for services actually
                           rendered within the meaning of Section 280G(b)(4) of
                           the Code in excess of the Base Amount (as defined in
                           Section 280G(b)(3) of the Code), or are otherwise not
                           subject to the Excise Tax, (ii) the amount of the
                           Total Benefits which shall be treated as subject to
                           the Excise Tax shall be equal to the lesser of (A)
                           the total amount of the Total Benefits reduced by the
                           amount of such Total Benefits that in the opinion of
                           Tax Counsel are not parachute payments, or (B) the
                           amount of excess parachute payments within the
                           meaning of Section 280G(b)(1) (after applying clause
                           (i), above), and (iii) the value of any noncash
                           benefits or any deferred payment or benefit shall be
                           determined by the Bank's independent auditors in
                           accordance with the principles of sections 280G(d)(3)
                           and (4) of the Code. For purposes of determining the
                           amount of the Gross-Up Payments, the Employee shall
                           be deemed to pay federal income taxes at the highest
                           marginal rate of federal income taxation in the
                           calendar years in which the Gross-Up Payments are to
                           be made and state and local income taxes at the
                           highest marginal rate of taxation in the state and
                           locality of the Employee's residence on the date of
                           termination of employment, net of the reduction in
                           federal income taxes which could be obtained from
                           deduction of such state and local taxes (calculated
                           by assuming that any reduction under Section 68 of
                           the Code in the amount of itemized deductions
                           allowable to the Employee applies first to reduce the
                           amount of such state and local income taxes that
                           would otherwise be deductible by the Employee).

                           In the event that the Excise Tax is subsequently
                           determined to be less than the amount taken into
                           account hereunder at the time of termination of the
                           Employee's employment, the Employee shall repay to
                           the Bank, at the time that the amount of such
                           reduction in Excise Tax is finally determined, the
                           portion of the Gross-Up Payments attributable to such
                           reduction (plus that portion of the Gross-Up Payments
                           attributable to the Excise Tax, federal, state and
                           local income taxes and FICA and Medicare withholding
                           taxes imposed on the Gross-Up Payments being repaid
                           by the Employee to

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                           the extent that such repayment results in a reduction
                           in Excise Tax, FICA and Medicare withholding taxes
                           and/or a federal, state or local income tax
                           deduction) plus interest on the amount of such
                           repayment at the rate provided in Section
                           1274(b)(2)(B) of the Code. In the event that the
                           Excise Tax is determined to exceed the amount taken
                           into account hereunder at the time of the termination
                           of the Employee's employment (including by reason of
                           any payment the existence or amount of which cannot
                           be determined at the time of the Gross-Up Payments),
                           the Bank shall make an additional Gross-Up Payment to
                           the Employee in respect of such excess (plus any
                           interest, penalties or additions payable by the
                           Employee with respect to such excess) at the time
                           that the amount of such excess is finally
                           determined."

                  (vi)     For purposes of this Agreement, an event shall be
                           deemed to have occurred "in connection with a Change
                           in Control" if such event occurs within one year
                           before or after a Change in Control.

         Upon termination of employment of the Employee pursuant to paragraph
         3(a), (b), (c), (d) or (e) above, the Employee shall be entitled to
         receive the amount of Base Pay provided for in paragraph 2 hereof
         through the date of her termination of employment. In addition, in the
         event of the termination of employment of Employee pursuant to
         paragraph 3(e) above, the Bank shall pay to the Employee a lump sum
         severance payment in an amount equal to the Base Pay and other benefits
         set forth in Section 2 hereof through December 31, 2002, unless such
         termination occurs as a result of a "Change of Control" pursuant to
         Section 3(f) hereof, in which case the provisions of that Section 3(f)
         shall apply.

4.       Covenant Not to Compete

         (a)      Throughout the term of this Agreement and for a period of one
                  (1) year thereafter, Employee agrees that she will not, except
                  on behalf of the Bank or with the written consent of the Bank,

                  (i)     engage in any business activity, directly or
                          indirectly, on her own behalf or as a partner,
                          stockholder (except by ownership of less than 1% of
                          the outstanding stock of a publicly held Bank),
                          director, trustee, principal, agent, employee,
                          consultant or otherwise of any person, firm or Bank,
                          which is competitive with any activity in which the
                          Bank or any parent, subsidiary or affiliate of the
                          Bank is engaged at the time,

                  (ii)    allow the use of her name by or in connection with any
                          business which is competitive with an activity in
                          which the Bank or any parent, subsidiary or affiliate
                          of the Bank is engaged, or

                  (iii)   offer employment to or employ, for herself or on
                          behalf of any competitor of the Bank or any parent,
                          subsidiary or affiliate thereof, any person who

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                          at any time within the prior three years shall have
                          been employed by the Bank or any parent, subsidiary
                          or affiliate of the Bank.

         (b)      The parties acknowledge that this paragraph 5 is fair and
                  reasonable under the circumstances. It is the desire and
                  intent of the parties that the provisions of this paragraph 5
                  shall be enforced to the fullest extent permitted by law.
                  Accordingly, if any particular portion of this paragraph 5
                  shall be adjudicated to be invalid or unenforceable, this
                  paragraph 5 shall be deemed amended to:

                  (i)     reform the particular portion to provide for such
                          maximum restrictions as will be valid and enforceable,
                          or if that is not possible; and

                  (ii)    delete therefrom the portion thus adjudicated to be
                          invalid or unenforceable, such reformation or deletion
                          to apply only with respect to the operation of this
                          paragraph 5 in the particular jurisdiction in which
                          such adjudication is made.

         (c)      The provisions of this paragraph 5 shall not apply in the
                  event the employment of the Employee is terminated by the Bank
                  pursuant to paragraph 3(e) of this Agreement.

         (d)      During the term of Employee's employment hereunder, the
                  covenants contained in this paragraph 5 shall apply without
                  regard to geographic location. Upon the termination of
                  Employee's employment, the covenants contained in this
                  paragraph 5 shall be limited to those areas in Pickaway
                  County, Ohio or within a two (2) mile radius of any township
                  contiguous to Pickaway County, Ohio.

5.       Inventions, Discoveries and Improvements

         The Employee hereby agrees to assign and transfer to the Bank, its
         successors and assigns, her entire right, title and interest in and to
         any and all inventions, discoveries, trade secrets and improvements
         thereto which she may discover or develop, either solely or jointly
         with others, during her employment hereunder and for a period of one
         year after termination of such employment, which would relate in any
         way to the business of the Bank or any parent, subsidiary or affiliate
         of the Bank, together with all rights to letters patent, copyrights or
         trademarks which may be granted with respect thereto. Immediately upon
         making or developing any invention, discovery, trade secret or
         improvement thereto, Employee shall notify the Bank thereof and shall
         execute and deliver to the Bank, without further compensation, such
         documents as may be necessary to assign and transfer to the Bank her
         entire right, title and interest in and to such invention, discovery,
         trade secret or improvement thereto, and to prepare or prosecute
         applications for letters patent with respect to the same in the name of
         the Bank.

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6.       Confidential Information

         Employee shall not at any time, in any manner, while employed by the
         Bank or thereafter, either directly or indirectly, except in the course
         of carrying out the Bank's business or as previously authorized in
         writing on behalf of the Bank, disclose or communicate to any person,
         firm, or Bank, any information of any kind concerning any matters
         affecting or relating to the Bank's business or any of its data,
         figures, projections, estimates, customer lists, tax records, personnel
         histories, and accounting procedures of the Bank, without regard to
         whether any or all of such information would otherwise be deemed
         confidential or material. In the event that Employee is required to
         disclose such information under the terms of a subpoena issued by a
         court of competent jurisdiction, Employee shall give written notice of
         such subpoena to the Bank within two (2) days of receipt. The Bank may
         undertake to obtain an order dismissing such subpoena prior to
         Employee's obligations to supply information thereunder. If the Bank
         does not obtain such an order, the Employee shall not be deemed to have
         violated the provisions hereof by disclosures made pursuant to such
         subpoena.

7.       Non-Assignability

         (a)      Neither party to this Agreement shall have the right to assign
                  this Agreement or any rights or obligations hereunder provided
                  that nothing herein shall prevent the Employee from
                  designating one or more members of her family or a trust or
                  trusts for the members of her family as a beneficiary or
                  beneficiaries entitled to receive payments hereunder as
                  heretofore specified.

         (b)      Except as provided above, no title to any payments which shall
                  become due and payable to the Employee, her personal
                  representative or designated beneficiary under the provisions
                  hereof, shall be vested in her or any of them until the actual
                  payment thereof is made to such person by the Bank in
                  accordance with the provisions of this Agreement. Neither she
                  nor any of them shall have the right or power to transfer,
                  assign, anticipate or encumber any interest in any such
                  payment, prior to the actual receipt thereof from the Bank.
                  None of them shall be permitted to appoint any agent or
                  attorney-in-fact and except as provided herein, to collect or
                  receive her share of such payments or any part thereof unless
                  permission to do so shall be specifically granted by the Bank
                  in writing. The Bank, in the absence of such written
                  permission, shall not in any manner recognize such
                  appointment, transfer, assignment or encumbrance.

         (c)      If the Employee or any personal representative or any
                  designated beneficiary attempts to transfer, assign or
                  encumber her interest in such payments, or any part thereof,
                  prior to the payment or distribution thereof to him or her;
                  or, if any transfer or seizure thereof is attempted to be made
                  or brought through the operation of any bankruptcy or
                  insolvency law, the right of the person taking such action or
                  concerned therein or affected thereby, and who would, but for
                  this provision, be entitled to receive such payments, or any
                  part thereof, shall forthwith and ipso facto terminate, all
                  rights bestowed on any such person being hereby, on the
                  happening of any such event, expressly revoked; and the Bank

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                  shall thereafter, in its absolute discretion, at such time or
                  times as it deems proper, cause such part of such person's
                  theretofore existing share of such payments to be paid to such
                  person or persons, including the Employee, or any parent,
                  spouse or child of said person, as the Bank, in its
                  uncontrolled discretion, shall deem advisable; and the
                  remainder of such payments, if any, may be distributed by the
                  Bank to the person or person who would have been entitled to
                  receive the same if such person had died immediately prior to
                  said attempted transfer, assignment or encumbrance, or
                  attempted transfer or seizure by operation of law.

8.       Binding Effect

         This Agreement shall be binding upon and inure to the benefit of any
         successor of the Bank, and any such successor shall be deemed
         substituted for the Bank under the terms of this Agreement. As used in
         this Agreement, the term "successor" shall include any person, firm,
         Bank, or other business entity which, at any time, whether by merger,
         purchase, or otherwise, acquires all or substantially all of the assets
         or business of the Bank.

9.       Entire Agreement

         This Agreement contains the entire agreement of the parties hereto
         concerning the subject matter hereof, and if the date hereof supersedes
         and cancels any and all other oral or written agreements or
         understandings between the parties with respect to the subject matter
         hereof. The Agreement may not be changed orally, but only by agreement
         in writing signed by both parties.

10.      Authorization for Acts of Bank

         Any act, request, approval, consent or opinion of the Bank hereunder
         shall be authorized, given or expressed by resolution of its Board of
         Directors.

11.      Arbitration

         In the event the parties are unable to resolve any issue,
         misunderstanding, disagreement or dispute after making a good faith
         effort to do so, the parties hereto agree to arbitrate any such issue,
         misunderstanding, disagreement or dispute in connection with the terms
         in effect in this Agreement in accordance with the Rules of the
         American Arbitration Association, before one arbitrator mutually
         agreeable to the parties hereto. If after eight weeks they have been
         unable to agree upon one arbitrator, then either party may appoint one
         arbitrator and require the other party to appoint a second arbitrator.
         Whereupon, the two appointed arbitrators shall appoint a third
         arbitrator mutually agreeable to the two arbitrators. The arbitration
         shall occur in Circleville, Ohio, or such other place as mutually
         agreed upon. Each party shall bear their own expenses in connection
         with such arbitration.

12.      Regulatory Reformation

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         If any provision of this Agreement shall be deemed unacceptable to Ohio
         Department of Financial Institutions or the Federal Deposit Insurance
         Corporation (hereinafter collectively referred to herein as the
         "Regulators"), the parties shall use their best efforts to cause the
         Regulators to find this Agreement acceptable. In the event the parties
         are unable to agree upon such modifications as are required to make the
         Agreement acceptable to the Regulators, then either party may terminate
         this Agreement and the parties shall have no further obligations
         hereunder whatsoever. Such termination shall not affect the ability of
         the Employee to continue to work for the Bank on an "at will" basis as
         mutually agreed by the Employee and the Bank.

13.      Governing Law

         This Agreement is executed and delivered in the State of Ohio and is
         intended to be interpreted, construed and enforced in accordance with
         the laws of such State.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the
date and year first above written.

                                    The Savings Bank

                                    By:  /s/ Thomas F. Tootle
                                        ----------------------------------------
                                    Its: Chairman
                                        ----------------------------------------

                                     Connie L. Campbell
                                    --------------------------------------------
                                    Employee

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