other material
confidence high
sentiment positive
materiality 0.40
Great Southern Bancorp provides loan portfolio update; non-performing loans down to $10.98M
GREAT SOUTHERN BANCORP, INC.
- Gross loans rose to $4.718B at June 30, 2024, from $4.669B at March 31, 2024.
- Non-performing loans dropped sharply to $10.98M from $21.27M, a 48% decrease.
- Commercial real estate was $1.512B (32% of loans); all retail and office loans pass-rated.
- Multi-family real estate grew to $1.251B from $1.040B; average LTV within 51-75%.
- Construction and land development declined to $642.6M from $792.7M, driven by apartment projects.