XML 143 R36.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Note 27: Condensed Parent Company Statements | 12 Months Ended
--- | ---
Dec. 31, 2013
Notes |
Note 27: Condensed Parent Company Statements | Note 27: Condensed Parent Company Statements The condensed statements of financial condition at December 31, 2013 and 2012, and statements of income, comprehensive income and cash flows for the years ended December 31, 2013, 2012 and 2011, for the parent company, Great Southern Bancorp, Inc., were as follows:
| December 31,
| 2013 |  | 2012
(In Thousands) |  |  |
Statements of Financial Condition |  |  |
Assets |  |  |
Cash | $38,965 |  | $23,430
Available-for-sale securities | 2,869 |  | 2,006
Investment in subsidiary bank | 371,590 |  | 375,281
Income taxes receivable | 31 |  | 32
Prepaid expenses and other assets | 1,752 |  | 1,059
| $415,207 |  | $401,808
Liabilities and Stockholders’ Equity |  |  |
Accounts payable and accrued expenses | $2,891 |  | $599
Deferred income taxes | 689 |  | 406
Subordinated debentures issued to capital trust | 30,929 |  | 30,929
Preferred stock | 57,943 |  | 57,943
Common stock | 137 |  | 136
Additional paid-in capital | 19,567 |  | 18,394
Retained earnings | 300,589 |  | 276,751
Accumulated other comprehensive gain | 2,462 |  | 16,650
| $415,207 |  | $401,808
| 2013 |  | 2012 |  | 2011
(In Thousands) |  |  |  |  |
Statements of Income |  |  |  |  |
Income |  |  |  |  |
Dividends from subsidiary bank | $24,000 |  | $12,000 |  | $12,000
Interest and dividend income | 20 |  | 33 |  | 27
Net realized gains on sales of |  |  |  |  |
available-for-sale securities | -- |  | 280 |  | --
Other income (loss) | 13 |  | (19) |  | --
| 24,033 |  | 12,294 |  | 12,027
Expense |  |  |  |  |
Operating expenses | 1,132 |  | 1,297 |  | 1,196
Interest expense | 560 |  | 617 |  | 569
| 1,692 |  | 1,914 |  | 1,765
Income before income tax and |  |  |  |  |
equity in undistributed earnings |  |  |  |  |
of subsidiaries | 22,341 |  | 10,380 |  | 10,262
Credit for income taxes | (365) |  | (401) |  | (510)
Income before equity in earnings |  |  |  |  |
of subsidiaries | 22,706 |  | 10,781 |  | 10,772
Equity in undistributed earnings of |  |  |  |  |
subsidiaries | 11,023 |  | 37,925 |  | 19,497
Net income | $33,729 |  | $48,706 |  | $30,269
| 2013 |  | 2012 |  | 2011
(In Thousands) |  |  |  |  |
Statements of Cash Flows |  |  |  |  |
Operating Activities |  |  |  |  |
Net income | $33,729 |  | $48,706 |  | $30,269
Items not requiring (providing) cash |  |  |  |  |
Equity in undistributed earnings of subsidiary | (11,023) |  | (37,925) |  | (19,497)
Compensation expense for stock option grants | 443 |  | 435 |  | 486
Net realized gains on sales of available-for-sale |  |  |  |  |
securities | -- |  | (280) |  | --
Changes in |  |  |  |  |
Prepaid expenses and other assets | 4 |  | (19) |  | --
Accounts payable and accrued expenses | (146) |  | 226 |  | (58)
Income taxes | 1 |  | 10 |  | 2
Net cash provided by operating activities | 23,008 |  | 11,153 |  | 11,202
Investing Activities |  |  |  |  |
Investment in subsidiaries | -- |  | -- |  | (15,000)
(Investment)/Return of principal - other investments | (13) |  | 49 |  | 61
Proceeds from sale of available-for-sale securities | -- |  | 664 |  | --
Purchase of held-to-maturity securities | -- |  | -- |  | (840)
Proceeds from maturity of held-to-maturity securities | -- |  | 840 |  | --
Net cash provided by (used in) investing |  |  |  |  |
activities | (13) |  | 1,553 |  | (15,779)
Financing Activities |  |  |  |  |
Proceeds from issuance of SBLF preferred stock | -- |  | -- |  | 57,943
Redemption of CPP preferred stock | -- |  | -- |  | (58,000)
Purchase of common stock warrant | -- |  | -- |  | (6,436)
Purchase of interest rate derivative | (738) |  | -- |  | --
Dividends paid | (7,964) |  | (12,991) |  | (12,237)
Stock options exercised | 1,242 |  | 2,269 |  | 311
Net cash used in financing activities | (7,460) |  | (10,722) |  | (18,419)
Increase (Decrease) in Cash | 15,535 |  | 1,984 |  | (22,996)
Cash, Beginning of Year | 23,430 |  | 21,446 |  | 44,442
Cash, End of Year | $38,965 |  | $23,430 |  | $21,446
Additional Cash Payment Information |  |  |  |  |
Interest paid | $565 |  | $620 |  | $563
| 2013 |  | 2012 |  | 2011
(In Thousands) |  |  |  |  |
Statements of Comprehensive Income |  |  |  |  |
Net Income | $33,729 |  | $48,706 |  | $30,269
Unrealized appreciation on available-for- sale securities, net of taxes (credit) of $302, $195 and $(102), for 2013, 2012 and 2011, respectively | 561 |  | 363 |  | (189)
Less: reclassification adjustment for gains included in net income, net of taxes of $0, $98 and $0 for 2013, 2012 and 2011, respectively | -- |  | (182) |  | --
Comprehensive income (loss) of subsidiaries | (14,749) |  | 4,056 |  | 8,381
Comprehensive Income | $19,541 |  | $52,943 |  | $38,461

X
- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 06 -Article 9 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=7656940&loc=d3e5283-111683 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 12 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Article 5 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 05 -Paragraph c -Article 7 + Details
Name: | us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration