secwatch.observer — SEC 8-K summary
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Issuer:     GREAT SOUTHERN BANCORP, INC. (GSBC)
CIK:        0000854560
Form:       8-K
Filed at:   2023-04-20T23:59:59+00:00
Accession:  0001104659-23-047291
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Great Southern Q1 EPS $1.67 beats $1.30 YoY; net income $20.5M, NIM 3.99%
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- Net income $20.5M ($1.67 diluted EPS) vs $17.0M ($1.30) in Q1 2022; annualized ROAA 1.43%, ROAE 14.88%.
- Net interest income rose 22.9% to $53.2M; net interest margin expanded 56 bps to 3.99%.
- Provision for credit losses was $674K (vs $193K credit in prior year); non-interest expense up $3.2M to $34.5M.
- Non-performing assets declined to $3.0M (0.05% of assets); tangible common equity ratio improved to 9.5%.
- Uninsured deposits ~14% of total; secured borrowing capacity over $1.8B; capital ratios well above well-capitalized thresholds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/854560/000110465923047291/0001104659-23-047291-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/854560/000110465923047291/tm2313167d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-047291

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