XML 34 R20.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Note 12: Subordinated Debentures Issued to Capital Trusts | 12 Months Ended
--- | ---
Dec. 31, 2018
Notes |
Note 12: Subordinated Debentures Issued to Capital Trusts | Note 12: Subordinated Debentures Issued to Capital Trusts In November 2006, Great Southern Capital Trust II (Trust II), a statutory trust formed by the Company for the purpose of issuing the securities, issued a $25.0 million aggregate liquidation amount of floating rate cumulative trust preferred securities. The Trust II securities bear a floating distribution rate equal to 90-day LIBOR plus 1.60%. The Trust II securities became redeemable at the Company’s option in February 2012, and if not sooner redeemed, mature on February 1, 2037. The Trust II securities were sold in a private transaction exempt from registration under the Securities Act of 1933, as amended. The gross proceeds of the offering were used to purchase Junior Subordinated Debentures from the Company totaling $25.8 million and bearing an interest rate identical to the distribution rate on the Trust II securities. The initial interest rate on the Trust II debentures was 6.98%. The interest rate was 4.14% and 2.98% at December 31, 2018 and 2017, respectively. At December 31, 2018 and 2017, subordinated debentures issued to capital trusts are summarized as follows:
| 2018 |  | 2017
| (In Thousands) |
Subordinated debentures | $ 25,774 |  | $ 25,774

X
- Definition Represents the textual narrative disclosure of Note 12: Subordinated Debentures Issued to Capital Trusts, during the indicated time period. + References No definition available. + Details
Name: | fil_SubordinatedDebenturesIssuedToCapitalTrustsTextBlock
Namespace Prefix: | fil_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration