XML 209 R31.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Note 23: Regulatory Matters | 12 Months Ended
--- | ---
Dec. 31, 2019
Notes |
Note 23: Regulatory Matters | Note 23: Regulatory Matters The Company and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can result in certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct and material effect on the Company’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and the Bank must meet specific capital guidelines that involve quantitative measures of the Company’s and the Bank’s assets, liabilities and certain off-balance-sheet items as calculated under U.S. GAAP, regulatory reporting practices, and regulatory capital standards. The Company’s and the Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Quantitative measures established by regulatory reporting standards to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the table below as of December 31, 2019) of Total and Tier I Capital (as defined) to risk-weighted assets (as defined), of Tier I Capital (as defined) to adjusted tangible assets (as defined) and of Common Equity Tier 1 Capital (as defined) to risk-weighted assets (as defined). Management believes, as of December 31, 2019, that the Bank met all capital adequacy requirements to which it was then subject. As of December 31, 2019, the most recent notification from the Bank’s regulators categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized as of December 31, 2019, the Bank must have maintained minimum Total capital, Tier I capital, Tier 1 Leverage capital and Common Equity Tier 1 capital ratios as set forth in the table. There are no conditions or events since that notification that management believes have changed the Bank’s category. The Company and the Bank are subject to certain restrictions on the amount of dividends that may be declared without prior regulatory approval. At December 31, 2019 and 2018, the Company and the Bank exceeded their minimum capital requirements then in effect. The entities may not pay dividends which would reduce capital below the minimum requirements shown above. In addition to the minimum capital ratios, the new capital rules include a capital conservation buffer, under which a banking organization must have CET1 more than 2.5% above each of its minimum risk-based capital ratios in order to avoid restrictions on paying dividends, repurchasing shares, and paying certain discretionary bonuses. The net unrealized gain or loss on available-for-sale securities is not included in computing regulatory capital. The Company’s and the Bank’s actual capital amounts and ratios are presented in the following table. No amount was deducted from capital for interest-rate risk.
|  |  |  |  |  |  |  |  |  |  |  | To Be Well
|  |  |  |  |  |  |  |  |  |  |  | Capitalized Under
|  |  |  |  |  |  | For Capital |  |  | Prompt Corrective
|  | Actual |  |  | Adequacy Purposes |  |  | Action Provisions
|  | Amount |  | Ratio |  |  | Amount |  | Ratio |  |  | Amount |  | Ratio
|  | (Dollars In Thousands)
As of December 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total capital |  |  |  |  |  |  |  |  |  |  |  |  |  |
Great Southern Bancorp, Inc. | $ | 698,085 |  | 15.0% |  | $ | 372,387 |  | 8.0% |  |  | N/A |  | N/A
Great Southern Bank | $ | 650,280 |  | 14.0% |  | $ | 372,316 |  | 8.0% |  | $ | 465,395 |  | 10.0%
Tier I capital |  |  |  |  |  |  |  |  |  |  |  |  |  |
Great Southern Bancorp, Inc. | $ | 582,791 |  | 12.5% |  | $ | 279,290 |  | 6.0% |  |  | N/A |  | N/A
Great Southern Bank | $ | 609,986 |  | 13.1% |  | $ | 279,237 |  | 6.0% |  | $ | 372,316 |  | 8.0%
Tier I leverage capital |  |  |  |  |  |  |  |  |  |  |  |  |  |
Great Southern Bancorp, Inc. | $ | 582,791 |  | 11.8% |  | $ | 198,320 |  | 4.0% |  |  | N/A |  | N/A
Great Southern Bank | $ | 609,986 |  | 12.3% |  | $ | 198,010 |  | 4.0% |  | $ | 247,512 |  | 5.0%
Common equity Tier I capital |  |  |  |  |  |  |  |  |  |  |  |  |  |
Great Southern Bancorp, Inc. | $ | 557,791 |  | 12.0% |  | $ | 209,468 |  | 4.5% |  |  | N/A |  | N/A
Great Southern Bank | $ | 609,986 |  | 13.1% |  | $ | 209,428 |  | 4.5% |  | $ | 302,507 |  | 6.5%
As of December 31, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total capital |  |  |  |  |  |  |  |  |  |  |  |  |  |
Great Southern Bancorp, Inc. | $ | 651,469 |  | 14.4% |  | $ | 360,826 |  | 8.0% |  |  | N/A |  | N/A
Great Southern Bank | $ | 599,509 |  | 13.3% |  | $ | 360,767 |  | 8.0% |  | $ | 450,959 |  | 10.0%
Tier I capital |  |  |  |  |  |  |  |  |  |  |  |  |  |
Great Southern Bancorp, Inc. | $ | 538,060 |  | 11.9% |  | $ | 270,619 |  | 6.0% |  |  | N/A |  | N/A
Great Southern Bank | $ | 561,100 |  | 12.4% |  | $ | 270,575 |  | 6.0% |  | $ | 360,767 |  | 8.0%
Tier I leverage capital |  |  |  |  |  |  |  |  |  |  |  |  |  |
Great Southern Bancorp, Inc. | $ | 538,060 |  | 11.7% |  | $ | 184,088 |  | 4.0% |  |  | N/A |  | N/A
Great Southern Bank | $ | 561,100 |  | 12.2% |  | $ | 184,050 |  | 4.0% |  | $ | 230,062 |  | 5.0%
Common equity Tier I capital |  |  |  |  |  |  |  |  |  |  |  |  |  |
Great Southern Bancorp, Inc. | $ | 513,060 |  | 11.4% |  | $ | 202,965 |  | 4.5% |  |  | N/A |  | N/A
Great Southern Bank | $ | 561,100 |  | 12.4% |  | $ | 202,931 |  | 4.5% |  | $ | 293,123 |  | 6.5%

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

X
- Definition The entire disclosure for regulatory capital requirement for depository and lending institutions. Institutions include, but not are not limited to, finance company, insured depository institution, bank holding company, savings and loan association holding company, bank and savings institution not federally insured, mortgage company, foreign financial institution and credit union. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1C -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958572-112826 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1D -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958573-112826 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958570-112826 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958569-112826 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1G -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958577-112826 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1F -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958575-112826 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1E -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958574-112826 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1H -URI http://asc.fasb.org/extlink&oid=117337116&loc=d3e65071-112826 + Details
Name: | us-gaap_RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration