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GREAT SOUTHERN BANCORP, INC. AND SUBSIDIARIES -- CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
INTEREST INCOME        
Loans $ 44,606 $ 43,286 $ 124,572 $ 127,613
Investment securities and other 5,553 6,679 18,486 20,536
TOTAL INTEREST INCOME 50,159 49,965 143,058 148,149
INTEREST EXPENSE        
Deposits 5,092 6,120 16,663 20,267
Federal Home Loan Bank advances 1,023 1,319 3,430 3,920
Short-term borrowings and repurchase agreements 634 746 1,993 2,249
Interest expense subordinated debentures issued to capital trusts 155 140 468 420
TOTAL INTEREST EXPENSE 6,904 8,325 22,554 26,856
NET INTEREST INCOME 43,255 41,640 120,504 121,293
PROVISION FOR LOAN LOSSES 8,400 8,500 36,077 25,131
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 34,855 33,140 84,427 96,162
NON-INTEREST INCOME        
Commissions 1,998 2,003 6,955 6,926
Service charges and ATM fees 4,900 4,734 14,272 13,270
Net realized gains on sales of loans 1,404 743 3,650 2,352
Net realized gains (losses) on sales and impairments of available-for-sale securities 507 483 1,787 83
Late charges and fees on loans 195 187 605 471
Initial gain recognized on business acquisition     31,312  
Accretion (amortization) of income related to business acquisitions (5,959) (9,911) (12,147) (29,960)
Other income 835 554 3,866 1,721
TOTAL NON-INTEREST INCOME 3,880 (1,207) 50,300 (5,137)
NON-INTEREST EXPENSE        
Salaries and employee benefits 14,244 11,760 42,823 35,042
Net occupancy and equipment expense 5,798 3,977 15,994 11,306
Postage 863 719 2,531 2,285
Insurance 1,168 1,589 3,398 4,534
Advertising 483 366 1,320 1,049
Office supplies and printing 350 288 1,103 920
Telephone 734 640 2,241 1,778
Legal, audit and other professional fees 953 983 3,390 2,468
Expense on foreclosed assets 2,536 848 4,203 1,903
Other operating expenses 3,722 1,847 10,724 5,478
TOTAL NON-INTEREST EXPENSE 30,851 23,017 87,727 66,763
INCOME BEFORE INCOME TAXES 7,884 8,916 47,000 24,262
PROVISION FOR INCOME TAXES 780 2,463 10,743 6,024
Net income 7,104 6,453 36,257 18,238
PREFERRED STOCK DIVIDENDS AND DISCOUNT ACCRETION 150 798 440 2,426
Non-cash deemed preferred stock dividend   1,212   1,212
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS $ 6,954 $ 4,443 $ 35,817 $ 14,600
BASIC EARNINGS PER COMMON SHARE $ 0.51 $ 0.33 $ 2.65 $ 1.08
DILUTED EARNINGS PER COMMON SHARE $ 0.51 $ 0.33 $ 2.62 $ 1.08
DIVIDENDS DECLARED PER COMMON SHARE $ 0.18 $ 0.18 $ 0.54 $ 0.54