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Great Southern Bancorp Company profile

About Great Southern Bancorp, Inc.

Great Southern Bancorp, Inc. (Bancorp) is a bank holding company. Bancorp business primarily consists of the operations of Great Southern Bank (the Bank), which provides a wide range of financial services to customers primarily located in Missouri, Iowa, Kansas, Minnesota, Nebraska, and Arkansas. It is principally engaged in the business of originating residential and commercial real estate loans, construction loans, commercial business loans and consumer loans and funding these loans, accepting brokered deposits, and borrowing from the Federal Home Loan Bank and others. Bancorp operates approximately 94 retail banking centers in Missouri, Arkansas, Iowa, Kansas, Minnesota and Nebraska, and commercial loan production offices in Atlanta, Chicago, Dallas, Denver, Omaha, Neb, and Tulsa, Okla.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Great Southern Bancorp, Inc. interest income decreased 9% to $198.7M. Net interest income after loan loss provision increased 14% to $183.7M. Net income increased 26% to $74.6M. Net interest income after loan loss provision reflects increase in interest earning assets and decrease in interest bearing liabilities.

Equity composition

Common Stock $.01 Par, 05/11, 20M auth., 13,454,439 issd., Insiders control 34.10% .IPO:N/A. Pref. Stock $.01 Par, 1M auth., 58,000 issd. FY'01 fncls. are CLA. FY'00 fncls. are reclassified. FY'00-'03 fncls. are and FY'04 Q's are being CLA. 6/03 Q's = 6 months. FY'03-'04 Summ. Q's reflect RES.