Great Southern Bancorp Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2018
January 22, 2019 at 07:28 pm EST
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Great Southern Bancorp Inc. announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced net interest income was USD 44.556 million compared to USD 39.273 million a year ago. Net income was USD 17.288 million compared to USD 12.206 million a year ago. For the full year, net interest income was USD 168.192 million compared to USD 155.156 million a year ago. Net income was USD 67.109 million compared to USD 51.564 million a year ago.
Great Southern Bancorp, Inc. is a bank holding company of Great Southern Bank (the Bank). The Company conducts its business as a financial holding company. Through the Bank and subsidiaries of the Bank, the Company primarily offers a variety of banking and banking-related services. The Bank offers a range of banking services through its 89 banking centers located in southern and central Missouri; the Kansas City, Missouri area; the St. Louis area; eastern Kansas; northwestern Arkansas; the Minneapolis area and eastern, western and central Iowa. The Company operates through a single segment, banking operation. The banking operation segment is principally engaged in the business of originating residential and commercial real estate loans, construction loans, commercial business loans and consumer loans and funding these loans by attracting deposits from the general public, accepting brokered deposits and borrowing from the Federal Home Loan Bank and others.