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Condensed Parent Company Statements | 12 Months Ended
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Dec. 31, 2022
Condensed Parent Company Statements |
Condensed Parent Company Statements | Note 26: Condensed Parent Company Statements The condensed statements of financial condition at December 31, 2022 and 2021, and statements of income, comprehensive income and cash flows for the years ended December 31, 2022, 2021 and 2020, for the parent company, Great Southern Bancorp, Inc., were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31,
​ |  | 2022 |  | 2021
​ | ​ | (In Thousands)
Statements of Financial Condition | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Assets | ​ | ​ | ​ | ​ | ​ | ​
Cash | ​ | $ | 29,097 | ​ | $ | 48,372
Investment in subsidiary bank | ​ |  | 608,416 | ​ |  | 672,342
Deferred and accrued income taxes | ​ |  | 148 | ​ |  | 94
Prepaid expenses and other assets | ​ |  | 882 | ​ |  | 868
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | $ | 638,543 | ​ | $ | 721,676
​ | ​ | ​ | ​ | ​ | ​ | ​
Liabilities and Stockholders’ Equity | ​ |  | ​ | ​ |  | ​
Accounts payable and accrued expenses | ​ | $ | 5,401 | ​ | $ | 5,166
Subordinated debentures issued to capital trust | ​ |  | 25,774 | ​ |  | 25,774
Subordinated notes | ​ |  | 74,281 | ​ |  | 73,984
Common stock | ​ |  | 122 | ​ |  | 131
Additional paid-in capital | ​ |  | 42,445 | ​ |  | 38,314
Retained earnings | ​ |  | 543,875 | ​ |  | 545,548
Accumulated other comprehensive income (loss) | ​ |  | (53,355) | ​ |  | 32,759
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | $ | 638,543 | ​ | $ | 721,676
​ ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2022 |  | 2021 |  | 2020
​ | ​ | (In Thousands)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Statements of Income | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income |  | ​ |  |  | ​ |  |  | ​ |
Dividends from subsidiary bank | ​ | $ | 60,000 | ​ | $ | 74,000 | ​ | $ | 40,000
Other income | ​ |  | — | ​ |  | — | ​ |  | 5
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ |  | 60,000 | ​ |  | 74,000 | ​ |  | 40,005
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Expense | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Operating expenses | ​ |  | 2,550 | ​ |  | 2,121 | ​ |  | 2,197
Interest expense | ​ |  | 5,298 | ​ |  | 7,613 | ​ |  | 7,459
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ |  | 7,848 | ​ |  | 9,734 | ​ |  | 9,656
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income before income tax and equity in undistributed earnings of subsidiaries | ​ |  | 52,152 | ​ |  | 64,266 | ​ |  | 30,349
Credit for income taxes | ​ |  | (1,608) | ​ |  | (1,850) | ​ |  | (1,800)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income before equity in earnings of subsidiaries | ​ |  | 53,760 | ​ |  | 66,116 | ​ |  | 32,149
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Equity in undistributed earnings of subsidiaries | ​ |  | 22,188 | ​ |  | 8,511 | ​ |  | 27,164
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income | ​ | $ | 75,948 | ​ | $ | 74,627 | ​ | $ | 59,313
​ ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2022 |  | 2021 |  | 2020
​ | ​ | (In Thousands)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Statements of Cash Flows | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating Activities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income | ​ | $ | 75,948 | ​ | $ | 74,627 | ​ | $ | 59,313
Items not requiring (providing) cash | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Equity in undistributed earnings of subsidiary | ​ |  | (22,188) | ​ |  | (8,511) | ​ |  | (27,164)
Compensation expense for stock option grants | ​ |  | 1,437 | ​ |  | 1,225 | ​ |  | 1,153
Amortization of interest rate derivative and deferred costs on subordinated notes | ​ |  | 297 | ​ |  | 587 | ​ |  | 608
Changes in | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Prepaid expenses and other assets | ​ |  | (14) | ​ |  | 15 | ​ |  | (15)
Accounts payable and accrued expenses | ​ |  | 69 | ​ |  | (1,661) | ​ |  | 31
Income taxes | ​ |  | (54) | ​ |  | 63 | ​ |  | (46)
Net cash provided by operating activities | ​ |  | 55,495 | ​ |  | 66,345 | ​ |  | 33,880
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Investing Activities | ​ |  |  | ​ |  |  | ​ |  |
Net cash provided by investing activities | ​ |  | — | ​ |  | — | ​ |  | —
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Financing Activities | ​ |  |  | ​ |  |  | ​ |  |
Purchases of the Company’s common stock | ​ |  | (61,847) | ​ |  | (39,123) | ​ |  | (22,104)
Proceeds from issuance of subordinated notes | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 73,513
Redemption of subordinated notes | ​ | ​ | — | ​ | ​ | (75,000) | ​ | ​ | —
Dividends paid | ​ |  | (19,181) | ​ |  | (18,800) | ​ |  | (33,426)
Stock options exercised | ​ |  | 6,258 | ​ |  | 3,700 | ​ |  | 661
Net cash provided by (used in) financing activities | ​ |  | (74,770) | ​ |  | (129,223) | ​ |  | 18,644
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Increase (Decrease) in Cash | ​ |  | (19,275) | ​ |  | (62,878) | ​ |  | 52,524
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash, Beginning of Year | ​ |  | 48,372 | ​ |  | 111,250 | ​ |  | 58,726
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash, End of Year | ​ | $ | 29,097 | ​ | $ | 48,372 | ​ | $ | 111,250
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Additional Cash Payment Information | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Interest paid | ​ | $ | 5,115 | ​ | $ | 9,103 | ​ | $ | 7,349
​ ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2022 |  | 2021 |  | 2020
​ | ​ | (In Thousands)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Statements of Comprehensive Income | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net Income | ​ | $ | 75,948 | ​ | $ | 74,627 | ​ | $ | 59,313
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Comprehensive income (loss) of subsidiaries | ​ |  | (86,114) | ​ |  | (20,392) | ​ |  | 20,905
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Comprehensive Income | ​ | $ | (10,166) | ​ | $ | 54,235 | ​ | $ | 80,218
​

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- 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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04(Schedule I)) -URI https://asc.fasb.org/extlink&oid=126898705&loc=d3e5864-122674 Reference 2: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI https://asc.fasb.org/extlink&oid=126929396&loc=d3e5283-111683 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690 + Details
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