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Condensed Parent Company Statements | 12 Months Ended
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Dec. 31, 2023
Condensed Parent Company Statements |
Condensed Parent Company Statements | Note 26: Condensed Parent Company Statements The condensed statements of financial condition at December 31, 2023 and 2022, and statements of income, comprehensive income and cash flows for the years ended December 31, 2023, 2022 and 2021, for the parent company, Great Southern Bancorp, Inc., were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31,
​ |  | 2023 |  | 2022
​ | ​ | (In Thousands)
Statements of Financial Condition | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Assets | ​ | ​ | ​ | ​ | ​ | ​
Cash | ​ | $ | 47,048 | ​ | $ | 29,097
Investment in subsidiary bank | ​ |  | 629,096 | ​ |  | 608,416
Deferred and accrued income taxes | ​ |  | 641 | ​ |  | 148
Prepaid expenses and other assets | ​ |  | 877 | ​ |  | 882
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | $ | 677,662 | ​ | $ | 638,543
​ | ​ | ​ | ​ | ​ | ​ | ​
Liabilities and Stockholders’ Equity | ​ |  | ​ | ​ |  | ​
Accounts payable and accrued expenses | ​ | $ | 5,480 | ​ | $ | 5,401
Subordinated debentures issued to capital trust | ​ |  | 25,774 | ​ |  | 25,774
Subordinated notes | ​ |  | 74,579 | ​ |  | 74,281
Common stock | ​ |  | 118 | ​ |  | 122
Additional paid-in capital | ​ |  | 44,320 | ​ |  | 42,445
Retained earnings | ​ |  | 569,872 | ​ |  | 543,875
Accumulated other comprehensive income (loss) | ​ |  | (42,481) | ​ |  | (53,355)
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | $ | 677,662 | ​ | $ | 638,543
​ ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022 |  | 2021
​ | ​ | (In Thousands)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Statements of Income | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income |  | ​ |  |  | ​ |  |  | ​ |
Dividends from subsidiary bank | ​ | $ | 65,000 | ​ | $ | 60,000 | ​ | $ | 74,000
Other income | ​ |  | — | ​ |  | — | ​ |  | —
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ |  | 65,000 | ​ |  | 60,000 | ​ |  | 74,000
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Expense | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Operating expenses | ​ |  | 2,780 | ​ |  | 2,550 | ​ |  | 2,121
Interest expense | ​ |  | 6,158 | ​ |  | 5,298 | ​ |  | 7,613
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ |  | 8,938 | ​ |  | 7,848 | ​ |  | 9,734
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income before income tax and equity in undistributed earnings of subsidiaries | ​ |  | 56,062 | ​ |  | 52,152 | ​ |  | 64,266
Credit for income taxes | ​ |  | (1,932) | ​ |  | (1,608) | ​ |  | (1,850)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income before equity in earnings of subsidiaries | ​ |  | 57,994 | ​ |  | 53,760 | ​ |  | 66,116
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Equity in undistributed earnings of subsidiaries | ​ |  | 9,806 | ​ |  | 22,188 | ​ |  | 8,511
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income | ​ | $ | 67,800 | ​ | $ | 75,948 | ​ | $ | 74,627
​ ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022 |  | 2021
​ | ​ | (In Thousands)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Statements of Cash Flows | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating Activities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income | ​ | $ | 67,800 | ​ | $ | 75,948 | ​ | $ | 74,627
Items not requiring (providing) cash | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Equity in undistributed earnings of subsidiary | ​ |  | (9,806) | ​ |  | (22,188) | ​ |  | (8,511)
Compensation expense for stock option grants | ​ |  | 1,621 | ​ |  | 1,437 | ​ |  | 1,225
Amortization of interest rate derivative and deferred costs on subordinated notes | ​ |  | 298 | ​ |  | 297 | ​ |  | 587
Changes in | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Prepaid expenses and other assets | ​ |  | 5 | ​ |  | (14) | ​ |  | 15
Accounts payable and accrued expenses | ​ |  | 250 | ​ |  | 69 | ​ |  | (1,661)
Income taxes | ​ |  | (493) | ​ |  | (54) | ​ |  | 63
Net cash provided by operating activities | ​ |  | 59,675 | ​ |  | 55,495 | ​ |  | 66,345
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Investing Activities | ​ |  |  | ​ |  |  | ​ |  |
Net cash provided by investing activities | ​ |  | — | ​ |  | — | ​ |  | —
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Financing Activities | ​ |  |  | ​ |  |  | ​ |  |
Purchases of the Company’s common stock | ​ |  | (23,326) | ​ |  | (61,847) | ​ |  | (39,123)
Redemption of subordinated notes | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (75,000)
Dividends paid | ​ |  | (19,282) | ​ |  | (19,181) | ​ |  | (18,800)
Stock options exercised | ​ |  | 884 | ​ |  | 6,258 | ​ |  | 3,700
Net cash used in financing activities | ​ |  | (41,724) | ​ |  | (74,770) | ​ |  | (129,223)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Increase (Decrease) in Cash | ​ |  | 17,951 | ​ |  | (19,275) | ​ |  | (62,878)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash, Beginning of Year | ​ |  | 29,097 | ​ |  | 48,372 | ​ |  | 111,250
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash, End of Year | ​ | $ | 47,048 | ​ | $ | 29,097 | ​ | $ | 48,372
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Additional Cash Payment Information | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Interest paid | ​ | $ | 6,107 | ​ | $ | 5,115 | ​ | $ | 9,103
​ ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022 |  | 2021
​ | ​ | (In Thousands)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Statements of Comprehensive Income | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net Income | ​ | $ | 67,800 | ​ | $ | 75,948 | ​ | $ | 74,627
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Comprehensive income (loss) of subsidiaries | ​ |  | 10,874 | ​ |  | (86,114) | ​ |  | (20,392)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Comprehensive Income | ​ | $ | 78,674 | ​ | $ | (10,166) | ​ | $ | 54,235
​

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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 -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 205 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04(Schedule I)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480922/205-10-S99-6 Reference 3: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481231/810-10-45-11 + Details
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