XML 34 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
GREAT SOUTHERN BANCORP, INC. AND SUBSIDIARIES -- CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
INTEREST INCOME    
Loans $ 37,897 $ 42,084
Investment securities and other 6,780 6,956
TOTAL INTEREST INCOME 44,677 49,040
INTEREST EXPENSE    
Deposits 5,784 7,486
Federal Home Loan Bank advances 1,274 1,297
Short-term borrowings and repurchase agreements 687 756
Subordinated debentures issued to capital trusts 159 140
TOTAL INTEREST EXPENSE 7,904 9,679
NET INTEREST INCOME 36,773 39,361
PROVISION FOR LOAN LOSSES 10,077 8,200
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 26,696 31,161
NON-INTEREST INCOME    
Commissions 2,626 2,437
Service charges and ATM fees 4,492 4,063
Net realized gains on sales of loans 1,150 907
Net realized gains on sales and impairments of available-for-sale securities 28  
Late charges and fees on loans 173 122
Net change in interest rate swap fair value 96  
Accretion (amortization) of income related to business acquisitions (1,748) (9,754)
Other non-interest income 1,648 453
TOTAL NON-INTEREST INCOME 8,465 (1,772)
NON-INTEREST EXPENSE    
Salaries and employee benefits 13,879 11,573
Net occupancy and equipment expense 4,959 3,690
Postage 827 755
Insurance 1,123 1,446
Advertising 369 275
Office supplies and printing 397 278
Telephone 767 625
Legal, audit and other professional fees 869 762
Expense on foreclosed assets 439 429
Other operating expenses 3,180 1,776
TOTAL NON-INTEREST EXPENSE 26,809 21,609
INCOME BEFORE INCOME TAXES 8,352 7,780
PROVISION FOR INCOME TAXES 855 1,887
NET INCOME 7,497 5,893
Preferred stock dividends and discount accretion 144 845
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS $ 7,353 $ 5,048
BASIC EARNINGS PER COMMON SHARE $ 0.54 $ 0.38
DILUTED EARNINGS PER COMMON SHARE $ 0.54 $ 0.36
DIVIDENDS DECLARED PER COMMON SHARE $ 0.18 $ 0.18