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Great Southern Bancorp, Inc. - Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Interest Income      
Loans $ 171,201 $ 145,832 $ 123,463
Investment securities and other 27,466 27,359 32,405
Total interest income 198,667 173,191 155,868
Interest Expense      
Deposits 26,370 38,427 54,087
Federal Home Loan Bank advances 5,242 5,516 5,352
Short-term borrowings and repurchase agreements 2,965 3,329 6,393
Subordinated debentures issued to capital trust 569 578 773
Total interest expense 35,146 47,850 66,605
Net Interest Income 163,521 125,341 89,263
Provision for Loan Losses 35,336 35,630 35,800
Net Interest Income After Provision for Loan Losses 128,185 89,711 53,463
Noninterest Income      
Commissions 8,915 8,284 6,775
Service charges and ATM fees 18,063 18,652 17,669
Net gains on loan sales 3,524 3,765 2,889
Net realized gains on sales of available-for-sale securities 483 8,787 2,787
Realized impairment of available-for-sale securities (615)   (4,308)
Late charges and fees on loans 651 767 672
Gain (loss) on derivative interest rate products (10)   1,184
Gain recognized on business acquisitions 16,486   89,795
Accretion (amortization) of income/expense related to business acquisitions (37,797) (10,427) 2,733
Other noninterest income 2,560 2,124 2,588
Total noninterest income 12,260 31,952 122,784
Noninterest Expense      
Salaries and employee benefits 48,836 44,842 40,450
Net occupancy expense 16,162 14,341 12,506
Postage 3,170 3,303 2,789
Insurance 4,938 4,562 5,716
Advertising 1,490 1,932 1,488
Office supplies and printing 1,337 1,522 1,195
Telephone 2,471 2,333 1,828
Legal, audit and other professional fees 3,837 2,867 2,778
Expense on foreclosed assets 11,846 4,914 4,959
Other operating expenses 10,576 8,288 4,486
Total noninterest expense 104,663 88,904 78,195
Income Before Income Taxes 35,782 32,759 98,052
Provision for Income Taxes 5,513 8,894 33,005
Net Income 30,269 23,865 65,047
Preferred stock dividends and discount accretion 2,798 3,403 3,353
Non-cash deemed preferred stock dividend 1,212    
Net Income Available to Common Shareholders $ 26,259 $ 20,462 $ 61,694
Earnings per common share basic $ 1.95 $ 1.52 $ 4.61
Earnings per common share diluted $ 1.93 $ 1.46 $ 4.44