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Note 14: Consolidation of Banking Centers	3 Months Ended
Sep. 30, 2013
Notes
Note 14: Consolidation of Banking Centers	NOTE 14: CONSOLIDATION OF BANKING CENTERS On July 12, 2013, the Company announced plans to consolidate operations of 11 banking centers into other nearby Great Southern banking center locations. The closing of these facilities, which resulted in the transfer of deposits and other banking center operations, occurred on October 25, 2013. The 11 banking centers which were consolidated were all in Missouri and were acquired in 2011, as part of the FDIC-assisted acquisition of the former 27-branch Sun Security Bank. The Company expects a positive pre-tax income statement impact of approximately $1.2 million to $1.5 million on an annual basis due to the anticipated reduction in non-interest expenses. In addition, the Company anticipates recording one-time expenses totaling approximately $300,000 to $600,000 during the fourth quarter of 2013 in connection with severance costs for affected employees and shortened useful lives of certain furniture and equipment. The affected premises, which have a total carrying value of approximately $1.5 million, will be marketed for sale. No significant impairment of the value of these premises is expected, as they were purchased near the end of 2011 from the FDIC at fair value as determined by current appraisals at that time.

Note 14: Consolidation of Banking Centers

3 Months Ended

Sep. 30, 2013

Note 14: Consolidation of Banking Centers

NOTE 14: CONSOLIDATION OF BANKING CENTERS

On July 12, 2013, the Company announced plans to consolidate operations of 11 banking centers into other nearby Great Southern banking center locations. The closing of these facilities, which resulted in the transfer of deposits and other banking center operations, occurred on October 25, 2013. The 11 banking centers which were consolidated were all in Missouri and were acquired in 2011, as part of the FDIC-assisted acquisition of the former 27-branch Sun Security Bank.

The Company expects a positive pre-tax income statement impact of approximately $1.2 million to $1.5 million on an annual basis due to the anticipated reduction in non-interest expenses. In addition, the Company anticipates recording one-time expenses totaling approximately $300,000 to $600,000 during the fourth quarter of 2013 in connection with severance costs for affected employees and shortened useful lives of certain furniture and equipment. The affected premises, which have a total carrying value of approximately $1.5 million, will be marketed for sale. No significant impairment of the value of these premises is expected, as they were purchased near the end of 2011 from the FDIC at fair value as determined by current appraisals at that time.