XML 29 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
GREAT SOUTHERN BANCORP, INC. AND SUBSIDIARIES -- CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 7,497 $ 5,893
Proceeds from sales of loans held for sale 59,587 52,100
Originations of loans held for sale (50,684) (36,831)
Items not requiring (providing) cash:    
Depreciation 1,596 1,206
Amortization of other assets 1,461 561
Compensation expense for stock option grants 111 119
Provision for loan losses 10,077 8,200
Net gains on loan sales (1,150) (907)
Net gains on sale or impairment of available-for-sale investment securities (28)  
Net losses on sale of premises and equipment 189 168
(Gain) loss on sale of foreclosed assets (1,013) 266
Amortization (accretion) of deferred income, premiums, discounts and fair value adjustments (3,591) 9,510
(Gain) loss on derivative interest rate products (96)  
Deferred income taxes (195) (4,245)
Changes in:    
Interest receivable 1,020 961
Prepaid expenses and other assets 18,237 4,988
Accounts payable and accrued expenses 216 (1,207)
Income taxes refundable/payable 1,146 4,947
Net cash provided by operating activities 44,380 45,729
CASH FLOWS FROM INVESTING ACTIVITIES    
Net increase in loans (16,929) (27,545)
Purchase of loans (12,107)  
Purchase of additional business units   (2)
Purchase of premises and equipment (10,519) (3,537)
Proceeds from sale of premises and equipment 8 86
Proceeds from sale of foreclosed assets 9,352 4,635
Capitalized costs on foreclosed assets (101) (164)
Proceeds from sales of available-for-sale investment securities 1,224  
Proceeds from maturing held-to-maturity investment securities   1,202
Proceeds from called investment securities 5,810 6,645
Principal reductions on mortgage-backed securities 30,355 32,999
Purchase of available-for-sale securities (34,826) (112,823)
Redemption of Federal Home Loan Bank stock 123 48
Net cash used in investing activities (27,610) (98,456)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in certificates of deposit 32,332 19,967
Net increase in checking and savings deposits 82,483 60,188
Repayments of Federal Home Loan Bank advances (32,573) (1,059)
Net increase (decrease) in short-term borrowings and structured repo (17,281) 8,922
Advances from borrowers for taxes and insurance 888 177
Dividends paid (2,799) (3,146)
Stock options exercised 341 4
Net cash provided by financing activities 63,391 85,053
INCREASE IN CASH AND CASH EQUIVALENTS 80,161 32,326
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 380,249 429,971
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 460,410 $ 462,297