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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, 2012
Dec. 31, 2011
Dec. 31, 2010
Interest Income      
Loans $ 170,163 $ 171,201 $ 145,832
Investment securities and other 23,345 27,466 27,359
Total interest income 193,508 198,667 173,191
Interest Expense      
Deposits 20,720 26,370 38,427
Federal Home Loan Bank advances 4,430 5,242 5,516
Short-term borrowings and repurchase agreements 2,610 2,965 3,329
Subordinated debentures issued to capital trust interest expense 617 569 578
Total interest expense 28,377 35,146 47,850
Net Interest Income 165,131 163,521 125,341
Provision for Loan Losses 43,863 35,336 35,630
Net Interest Income After Provision for Loan Losses 121,268 128,185 89,711
Noninterest Income      
Commissions 1,036 896 767
Service charges and ATM fees 19,087 18,063 18,652
Net gains on loan sales 5,505 3,524 3,765
Net realized gains on sales of available-for-sale securities 2,666 483 8,787
Recognized impairment of available-for-sale securities (680) (615)  
Late charges and fees on loans 1,028 651 767
Gain (loss) on derivative interest rate products (38) (10)  
Gain recognized on business acquisitions 31,312 16,486  
Accretion (amortization) of income/expense related to business acquisitions (18,693) (37,797) (10,427)
Other noninterest income 4,779 2,450 2,018
Total noninterest income 46,002 4,131 24,329
Noninterest Expense      
Salaries and employee benefits 51,262 43,606 39,908
Net occupancy expense 20,179 15,220 13,480
Postage 3,301 3,096 3,231
Insurance 4,476 4,840 4,463
Advertising 1,572 1,316 1,754
Office supplies and printing 1,389 1,268 1,447
Telephone 2,768 2,270 2,158
Legal, audit and other professional fees 4,323 3,803 2,832
Expense on foreclosed assets 8,748 11,846 4,914
Partnership tax credit 5,782 3,985 1,240
Other operating expenses 8,760 6,226 6,723
Total noninterest expense 112,560 97,476 82,150
Income from Continuing Operations Before Income Taxes 54,710 34,840 31,890
Provision for Income Taxes 10,623 5,183 8,590
Net Income from Continuing Operations 44,087 29,657 23,300
Discontinued Operations      
Income from discontinued operations (including gain on disposal in 2012 of $6,114), net of income taxes of $2,487, $330 and $304, for the years ended December 31, 2012, 2011 and 2010, respectively 4,619 612 565
Net Income 48,706 30,269 23,865
Preferred stock dividends and discount accretion 608 2,798 3,403
Non-cash deemed preferred stock dividend   1,212  
Net Income Available to Common Shareholders $ 48,098 $ 26,259 $ 20,462
Earnings Per Common Share      
Basic $ 3.55 $ 1.95 $ 1.52
Diluted $ 3.54 $ 1.93 $ 1.46
Earnings from Continuing Operations Per Common Share      
Basic $ 3.21 $ 1.91 $ 1.48
Diluted $ 3.20 $ 1.89 $ 1.42