Great southern bancorp, inc. (GSBC)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
INTEREST INCOME
Loans

223,047

198,226

176,654

178,883

177,240

172,569

163,903

170,163

171,201

145,832

123,463

Investment securities and other

11,947

7,723

6,407

6,292

7,111

10,793

14,892

23,345

27,466

27,359

32,405

TOTAL INTEREST INCOME

234,994

205,949

183,061

185,175

184,351

183,362

178,795

193,508

198,667

173,191

155,868

INTEREST EXPENSE
Deposits

45,570

27,957

20,595

17,387

13,511

11,225

12,346

20,720

26,370

38,427

54,087

Federal Home Loan Bank advances

0

3,985

1,516

1,214

1,707

2,910

3,972

4,430

5,242

5,516

5,352

Short-term borrowings and repurchase agreements

3,635

765

747

1,137

65

1,099

2,324

2,610

2,965

3,329

6,393

Subordinated debentures issued to capital trust

1,019

953

949

803

714

567

561

617

569

578

773

Subordinated notes

4,378

4,097

4,098

1,578

0

-

-

-

-

-

-

TOTAL INTEREST EXPENSE

54,602

37,757

27,905

22,119

15,997

15,801

19,203

28,377

35,146

47,850

66,605

NET INTEREST INCOME

180,392

168,192

155,156

163,056

168,354

167,561

159,592

165,131

163,521

125,341

89,263

PROVISION FOR LOAN LOSSES

6,150

7,150

9,100

9,281

5,519

4,151

17,386

43,863

35,336

35,630

35,800

NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES

174,242

161,042

146,056

153,775

162,835

163,410

142,206

121,268

128,185

-

-

NON-INTEREST INCOME
Commissions

889

1,137

1,041

1,097

1,136

1,163

1,065

1,036

896

767

6,775

NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES

-

-

-

-

-

-

-

-

-

89,711

53,463

Net gains on loan sales

2,607

1,788

3,150

3,941

3,888

4,133

4,915

5,505

3,524

3,765

-2,889

Net realized gains (losses) on sales of available-for-sale securities

-62

2

0

2,873

2

2,139

243

2,666

483

8,787

2,787

Late charges and fees on loans

1,432

1,622

2,231

1,747

2,129

1,400

1,264

1,028

651

767

672

Loss on derivative interest rate products

-104

25

28

66

-43

-345

295

-

-

-

-

Service charges and ATM fees

20,898

21,695

21,628

21,666

19,841

19,075

18,227

19,087

18,063

18,652

17,669

Recognized impairment of available-for-sale securities

-

-

-

-

-

-

-

-680

-615

-

-

Net realized gains on sales and impairments of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-4,308

Gain on derivative interest rate products

-

-

-

-

-

-

-

-38

-10

-

-

Gain on sale of business units

0

7,414

0

0

-

-

-

-

-

-

-

Gain (loss) on termination of loss sharing agreements

0

0

7,705

-

-

-

-

-

-

-

-

Gain (loss) on termination of loss sharing agreements

-

-

-

-584

0

10,805

-

-

-

-

-

Gain recognized on business acquisitions

-

-

-

-

-

-

-

31,312

16,486

-

89,795

Amortization of income/expense related to business acquisitions

0

0

-486

-6,351

-

-

-

-18,693

-37,797

-10,427

-

Other income

5,297

2,535

3,230

4,055

4,973

4,229

4,566

4,779

2,450

2,018

-

Net change in interest rate swap fair value

-

-

-

-

-

-

-

-

-

-

1,184

Amortization of Income Expense Related to Business Acquisitions

-

-

-

-

-18,345

-27,868

-25,260

-

-

-

2,733

Other non-interest income

-

-

-

-

-

-

-

-

-

-

2,588

TOTAL NON-INTEREST INCOME

30,957

36,218

38,527

28,510

13,581

14,731

5,315

46,002

4,131

24,329

122,784

NON-INTEREST EXPENSE
Salaries and employee benefits

63,224

60,215

60,034

60,377

58,682

56,032

52,468

51,262

43,606

39,908

40,450

Net occupancy and equipment expense

26,217

25,628

24,613

26,077

25,985

23,541

20,658

20,179

15,220

13,480

12,506

Postage

3,198

3,348

3,461

3,791

3,787

3,578

3,315

3,301

3,096

3,231

2,789

Insurance

2,015

2,674

2,959

3,482

3,566

3,837

4,189

4,476

4,840

4,463

5,716

Advertising

2,808

2,460

2,311

2,228

2,317

2,404

2,165

1,572

1,316

1,754

1,488

Office supplies and printing

1,077

1,047

1,446

1,708

1,333

1,464

1,303

1,389

1,268

1,447

1,195

Telephone

3,580

3,272

3,188

3,483

3,235

2,866

2,868

2,768

2,270

2,158

1,828

Legal, audit and other professional fees

2,624

3,423

2,862

3,191

2,713

3,957

4,348

4,323

3,803

2,832

2,778

Expense on other real estate and repossessions

2,184

4,919

3,929

4,111

2,526

5,636

4,068

8,748

11,846

4,914

4,959

Partnership tax credit investment amortization

365

575

930

1,681

1,680

1,720

2,108

1,825

3,985

1,240

-

Acquired deposit intangible asset amortization

1,190

1,562

1,650

1,910

1,750

1,519

-

-

-

-

-

Other operating expenses

6,656

6,187

6,878

8,388

6,776

14,305

8,128

8,760

6,226

6,723

4,486

TOTAL NON-INTEREST EXPENSE

115,138

115,310

114,261

120,427

114,350

120,859

105,618

108,603

97,476

82,150

78,195

INCOME BEFORE INCOME TAXES

90,061

81,950

70,322

61,858

62,066

57,282

41,903

58,667

34,840

31,890

98,052

PROVISION FOR INCOME TAXES

16,449

14,841

18,758

16,516

15,564

13,753

8,174

14,580

5,183

8,590

33,005

Net Income from Continuing Operations

-

-

-

-

-

-

-

44,087

29,657

23,300

-

Discontinued Operations
Income from discontinued operations, net

-

-

-

-

-

-

-

4,619

612

565

-

NET INCOME AND NET INCOME AVAILABLE TO COMMON STOCKHOLDERS

-

-

-

-

46,502

43,529

33,729

48,706

30,269

23,865

65,047

Preferred Stock Dividends

-

-

-

-

554

579

579

608

2,798

3,403

3,353

Non-cash deemed preferred stock dividend

-

-

-

-

-

-

-

-

1,212

-

-

Net Income and Net Income Available to Common Shareholders

73,612

67,109

51,564

45,342

45,948

42,950

33,150

48,098

26,259

20,462

61,694

Earnings Per Common Share
Basic Earnings Per Common Share

5.18

4.75

3.67

3.26

3.33

3.14

2.43

3.55

1.95

1.52

4.61

Diluted Earnings Per Common Share

5.14

4.71

3.64

3.21

3.28

3.10

2.42

3.54

1.93

1.46

4.44

Earnings from Continuing Operations Per Common Share
Basic

-

-

-

-

-

-

-

3.21

1.91

1.48

-

Diluted

-

-

-

-

-

-

-

3.20

1.89

1.42

-