XML 47 R37.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

DERIVATIVES AND HEDGING ACTIVITIES (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
DERIVATIVES AND HEDGING ACTIVITIES |
Schedule of fair value of derivative Instruments and location in statements of financials | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Location in |  | Fair Value
​ | ​ | Consolidated Statements | ​ | March 31, |  | December 31,
​ | ​ | of Financial Condition | ​ | 2024 | ​ | 2023
​ | ​ | ​ | ​ | (In Thousands)
Derivatives designated as hedging instruments | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Derivative Liabilities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Active interest rate swap | ​ | Accrued expenses and other liabilities | ​ | $ | 21,233 | ​ | $ | 17,296
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total derivatives designated as hedging instruments | ​ | ​ | ​ | $ | 21,233 | ​ | $ | 17,296
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Derivatives not designated as hedging instruments | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Asset Derivatives |  | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest rate products |  | Prepaid expenses and other assets | ​ | $ | 9,093 | ​ | $ | 8,205
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total derivatives not designated as hedging instruments | ​ | ​ | ​ | $ | 9,093 | ​ | $ | 8,205
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Liability Derivatives | ​ | ​ | ​ |  | ​ | ​ | ​ | ​
Interest rate products | ​ | Accrued expenses and other liabilities | ​ | $ | 8,969 | ​ | $ | 8,040
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total derivatives not designated as hedging instruments | ​ | ​ | ​ | $ | 8,969 | ​ | $ | 8,040
Schedule of effect of cash flow hedge accounting through accumulated other comprehensive income on statements of comprehensive income | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Amount of Gain (Loss)
​ | ​ | Recognized in AOCI
​ | ​ | Three Months Ended March 31,
Cash Flow Hedges |  | 2024 |  | 2023
​ |  | (In Thousands)
Terminated interest rate swap, net of income taxes | ​ | $ | (1,564) | ​ | $ | (1,546)
Active interest rate swaps, net of income taxes | ​ | ​ | (2,968) | ​ | ​ | 6,575
​ | ​ | $ | (4,532) | ​ | $ | 5,029
​
Schedule of effect of cash flow hedge accounting on statements of operations | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended March 31,
Cash Flow Hedges |  | 2024 |  | 2023
​ |  | Interest |  | Interest |  | Interest |  | Interest
​ |  | Income |  | Expense |  | Income |  | Expense
​ |  | (In Thousands)
Total Interest Income | ​ | $ | 77,390 | ​ | $ | — | ​ | $ | 71,463 | ​ | $ | —
Total Interest Expense | ​ | ​ | — | ​ | ​ | 32,574 | ​ | ​ | — | ​ | ​ | 18,271
​ | ​ | $ | 77,390 | ​ | $ | 32,574 | ​ | $ | 71,463 | ​ | $ | 18,271
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Terminated interest rate swap | ​ | $ | 2,047 | ​ | $ | — | ​ | $ | 2,003 | ​ | $ | —
Active interest rate swaps | ​ | ​ | (4,653) | ​ | ​ | — | ​ | ​ | (2,154) | ​ | ​ | —
​ | ​ | $ | (2,606) | ​ | $ | — | ​ | $ | (151) | ​ | $ | —
​

X
- Definition Tabular disclosure of schedule of derivative Instruments, effect on statements of operations, during the indicated time period. + References No definition available. + Details
Name: | gsbc_ScheduleOfDerivativeInstrumentsEffectOnStatementsOfOperationsTableTextBlock
Namespace Prefix: | gsbc_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of gain (loss) on derivative and nonderivative instruments designated and qualifying as cash flow hedge recorded in accumulated other comprehensive income (AOCI) and reclassified into earnings. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C + Details
Name: | us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4B + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration