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Note 26: Condensed Parent Company Statements: Condensed Income Statement -- Great Southern Bancorp, Inc. (Tables)
12 Months Ended
Dec. 31, 2019
Tables/Schedules  
Condensed Income Statement -- Great Southern Bancorp, Inc.

 

 

 

2019

 

 

2018

 

 

2017

 

 

(In Thousands)

 

 

 

 

 

 

 

 

 

Statements of Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income

 

 

 

 

 

 

 

 

Dividends from subsidiary bank

$

32,000

 

$

34,000

 

$

17,500

Interest and dividend income

 

 

 

 

 

48

Loss on other investments

 

(23)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

31,977

 

 

34,000

 

 

17,548

 

 

 

 

 

 

 

 

 

Expense

 

 

 

 

 

 

 

 

Operating expenses

 

2,044

 

 

1,793

 

 

1,330

Interest expense

 

5,397

 

 

5,050

 

 

5,047

 

 

 

 

 

 

 

 

 

 

 

7,441

 

 

6,843

 

 

6,377

 

 

 

 

 

 

 

 

 

Income before income tax and equity in

 

 

 

 

 

 

 

 

undistributed earnings of subsidiaries

 

24,536

 

 

27,157

 

 

11,171

Credit for income taxes

 

(1,381)

 

 

(1,204)

 

 

(1,709)

 

 

 

 

 

 

 

 

 

Income before equity in earnings of subsidiaries

 

25,917

 

 

28,361

 

 

12,880

 

 

 

 

 

 

 

 

 

Equity in undistributed earnings of subsidiaries

 

47,695

 

 

38,748

 

 

38,684

 

 

 

 

 

 

 

 

 

Net income

$

73,612

 

$

67,109

 

$

51,564