secwatch.observer — SEC 8-K summary
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Issuer:     GREAT SOUTHERN BANCORP, INC. (GSBC)
CIK:        0000854560
Form:       8-K
Filed at:   2023-07-20T23:59:59+00:00
Accession:  0001104659-23-082461
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Great Southern Q2 EPS $1.52, NIM falls to 3.56%; non-performing assets rise to 0.20% of assets
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- Net income $18.3M ($1.52 diluted EPS) vs $18.2M ($1.44) in Q2 2022; six-month EPS $3.19 vs $2.73.
- Net interest income $48.1M (-1.4% YoY); net interest margin 3.56% vs 3.78% in prior-year quarter and 3.99% in Q1 2023.
- Non-performing assets $11.2M (0.20% of total assets) vs $3.7M (0.07%) at Dec 2022; $8.6M office-building loan added.
- Total stockholders' equity $546.3M ($45.64 book value); Tier 1 Leverage Ratio 10.8%, tangible capital ratio 9.4%.
- Interest rate swaps reduced net interest income by $1.7M in Q2; expected $3.0M negative impact in Q3 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/854560/000110465923082461/0001104659-23-082461-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/854560/000110465923082461/tm2321632d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-082461

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