secwatch.observer — SEC 8-K summary
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Issuer:     GREAT SOUTHERN BANCORP, INC. (GSBC)
CIK:        0000854560
Form:       8-K
Filed at:   2024-07-17T23:59:59+00:00
Accession:  0001104659-24-080275
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Great Southern Bancorp Reports Preliminary Second Quarter 2024 EPS of $1.45
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- Preliminary Q2 2024 net income of $17.0 million, or $1.45 per diluted share, down from $18.3 million, or $1.52, in Q2 2023.
- Net interest income decreased $1.3 million to $46.8 million; net interest margin of 3.43% compared to 3.56% a year ago.
- Non-performing assets increased to $20.4 million (0.34% of total assets) from $11.8 million at year end 2023, mainly due to a $9.3 million student housing loan.
- Capital ratios remain strong: Tier 1 Leverage 11.0%, Common Equity Tier 1 12.0%, Total Capital 15.2%, with tangible capital ratio of 9.4%.
- Significant items included $2.7 million income from termination of core banking platform conversion and $902,000 in conversion related costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/854560/000110465924080275/0001104659-24-080275-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/854560/000110465924080275/tm2418488d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-080275

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