Great Southern Bancorp, Inc., the holding company for Great Southern Bank, recently disclosed its financial figures in an 8-K filing with the Securities and Exchange Commission. The report, dated January 21, 2025, offers a detailed look into the company’s loan portfolio and other key financial metrics as of December 31, 2024.
The filing provides insights into various aspects of the loan portfolio, including gross loans by type and region. Notable highlights from the disclosure include:
– Commercial real estate loans amounting to $1,543,742, with diverse concentrations across industries such as retail, healthcare, and hotels.
– Geographical distribution of loans, with significant exposure in regions like St. Louis, Missouri, and Texas, among others.
– Specific breakdowns of loans in areas like construction and land development, multifamily real estate, and commercial real estate by sector and region.
The disclosure also delves into non-performing loans, illustrating a relatively small percentage of loans in non-accrual status across different categories and regions. Additionally, the filing outlines the various states within the Midwest and Southern regions where the company has a presence.
Great Southern Bancorp’s President and Chief Executive Officer, Joseph W. Turner, signed off on the report, emphasizing the company’s commitment to transparency and regulatory compliance.
Investors and stakeholders keen on understanding Great Southern Bancorp’s financial standing and loan portfolio composition can find valuable insights in this recent SEC filing.
This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Great Southern Bancorp’s 8K filing here.
About Great Southern Bancorp
Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that provides a range of financial services in the United States. Its deposit products include regular savings accounts, checking accounts, money market accounts, fixed interest rate certificates with varying maturities, certificates of deposit, brokered certificates, and individual retirement accounts.
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