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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): July 19, 2023

 

GREAT SOUTHERN BANCORP, INC.

(Exact name of registrant as specified in its charter)

 

Maryland   0-18082   43-1524856
(State or other jurisdiction of
incorporation)
  (Commission File Number)   (IRS Employer Identification
No.)

 

1451 East Battlefield, Springfield, Missouri   65804
(Address of principal executive offices)   (Zip Code)

 

Registrant's telephone number, including area code: (417) 887-4400

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  
¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  
¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  
¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, par value $0.01 per share GSBC The NASDAQ Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Item 7.01  Regulation FD Disclosure.

 

Set forth below is presentation material of Great Southern Bancorp, Inc., the holding company for Great Southern Bank.  

 

 

 

 

 

June 30, 2023

 

 

Loan Portfolio by Industry Gross Loans [in thousands] *Includes Home Equity Loans of $114,901 2 *Includes Home Equity Loans of $115,829 6 - 30 - 23 $4,600,942 3 - 31 - 23 $4,650,749

 

 

Loan Portfolio by Region Gross Loans [in thousands] 3 6 - 30 - 23 $4,600,942 3 - 31 - 23 $4,650,749

 

 

Commercial Real Estate by Industry Gross Loans [in thousands] 4 6 - 30 - 23 $1,497,659 3 - 31 - 23 $1,560,427

 

 

Commercial Real Estate by Region Gross Loans [in thousands] 5 6 - 30 - 23 $1,497,659 3 - 31 - 23 $1,560,427

 

 

Commercial Real Estate Office and Retail All Data as of 6/30/23 Gross Loans [in thousands] 6 Office $239,473 Retail $298,256 Average credit size is $1,596,489 Average credit size is $3,351,190

 

 

Commercial Real Estate Office and Retail All Data as of 6/30/23 Gross Loans [in thousands] 7 Office - $239,473 Retail - $298,256 Medical Traditional Outstanding Balance $40,629 $198,844 # of Loans 23 116 Avg. Loan Size $1,693 $1,596 Weighted Avg. LTV 45% 96% of Office Portfolio – Pass Rated Strip Center Single Tenant Mixed - Use Neighborhood & Shopping Center Outstanding Balance $114,844 $92,405 $17,660 $73,347 # of Loans 52 96 16 13 Avg. Loan Size $2,209 $962 $1,104 $5,642 Weighted Avg. LTV 60% 53% 58% 52% 100% of Retail Portfolio – Pass Rated Owner Occupied $19,114 # of Loans 54 Avg. Loan Size $330 Weighted Avg. LTV 54% Other Office Sq. Ft. >100,000 $95,630 20,000 - 100,000 $59,872 <20,000 $24,228 # of Loans 62 Avg. Loan Size $2,605 Weighted Avg. LTV 50%

 

 

Construction & Land Development by Industry Gross Loans [in thousands] 8 6 - 30 - 23 $816,703 3 - 31 - 23 $810,827

 

 

Construction & Land Development by Region Gross Loans [in thousands] 9 6 - 30 - 23 $816,703 3 - 31 - 23 $810,827

 

 

Multi Family Real Estate by Region Gross Loans [in thousands] 10 6 - 30 - 23 $885,394 3 - 31 - 23 $885,472 Average credit size is $4,277,263 Average credit size is $4,176,754

 

 

Multi Family Real Estate by LTV Gross Loans [in thousands] 11 6 - 30 - 23 $885,394 3 - 31 - 23 $885,472

 

 

Non - performing by Type Gross Loans [in thousands] 12 6 - 30 - 23 $11,149 3 - 31 - 23 $2,982 *Includes Home Equity Loans of $27 *Includes Home Equity Loans of $309

 

 

Non - performing by Region Gross Loans [in thousands] 13 6 - 30 - 23 $11,149 3 - 31 - 23 $2,982

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    GREAT SOUTHERN BANCORP, INC.
     
     
Date: July 19, 2023 By: /s/ Joseph W. Turner
    Joseph W. Turner, President and Chief Executive Officer