GSBC Files 8-K for Regulation FD Disclosure on Jan 22

Ticker: GSBC · Form: 8-K · Filed: Jan 22, 2024 · CIK: 854560

Complexity: simple

Sentiment: neutral

Topics: regulation-fd, disclosure, corporate-governance

TL;DR

**GSBC just filed an 8-K for Regulation FD, meaning they're sharing important news with everyone at once.**

AI Summary

GREAT SOUTHERN BANCORP, INC. (GSBC) filed an 8-K on January 22, 2024, under Regulation FD Disclosure. This filing indicates that the company is making a public disclosure of material non-public information, likely to ensure fair and broad dissemination to all investors simultaneously. For shareholders, this means the company is proactively managing information flow, which can build trust and prevent insider trading concerns, potentially stabilizing the stock price around new information.

Why It Matters

This filing ensures all investors receive important company information at the same time, promoting transparency and fairness in the market.

Risk Assessment

Risk Level: low — This filing is a standard disclosure to ensure fair information dissemination and does not inherently indicate new risks.

Analyst Insight

A smart investor would monitor for any subsequent announcements or press releases from GREAT SOUTHERN BANCORP, INC. that would provide the specific material non-public information that triggered this Regulation FD disclosure.

Key Players & Entities

FAQ

What is the purpose of GREAT SOUTHERN BANCORP, INC.'s 8-K filing on January 22, 2024?

The purpose of the 8-K filing by GREAT SOUTHERN BANCORP, INC. on January 22, 2024, is for Regulation FD Disclosure, as stated in the 'ITEM INFORMATION: Regulation FD Disclosure' section.

What is the trading symbol and exchange for GREAT SOUTHERN BANCORP, INC.'s Common Stock?

The trading symbol for GREAT SOUTHERN BANCORP, INC.'s Common Stock is GSBC, and it is registered on The NASDAQ Stock Market LLC, as indicated under 'Securities registered pursuant to Section 12(b) of the Act'.

What is the business address and phone number of GREAT SOUTHERN BANCORP, INC.?

GREAT SOUTHERN BANCORP, INC.'s business address is 1451 East Battlefield, Springfield, Missouri, 65804, and its telephone number is (417) 887-4400, according to the 'BUSINESS ADDRESS' and 'Registrant's telephone number' sections.

What is the state of incorporation for GREAT SOUTHERN BANCORP, INC.?

GREAT SOUTHERN BANCORP, INC. is incorporated in Maryland, as specified under 'State or other jurisdiction of incorporation'.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on January 22, 2024, as stated under 'Date of Report (Date of earliest event reported): January 22, 2024'.

Filing Stats: 797 words · 3 min read · ~3 pages · Grade level 11.7 · Accepted 2024-01-22 16:11:54

Key Financial Figures

Filing Documents

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. Set forth below is presentation material of Great Southern Bancorp, Inc., the holding company for Great Southern Bank. December 31, 2023 1 Loan Portfolio Gross Loans [in thousands] *Includes Home Equity Loans of $115,883 2 *Includes Home Equity Loans of $111,665 12 - 31 - 23 $4,667,197 9 - 30 - 23 $4,642,919 Loan Portfolio by Region Gross Loans [in thousands] 3 12 - 31 - 23 $4,667,197 9 - 30 - 23 $4,642,919 Commercial Real Estate by Industry Gross Loans [in thousands] 4 12 - 31 - 23 $1,521,032 9 - 30 - 23 $1,503,915 Commercial Real Estate by Region Gross Loans [in thousands] 5 12 - 31 - 23 $1,521,032 9 - 30 - 23 $1,503,915 Commercial Real Estate Office and Retail All Data as of 12/31/23 Gross Loans [in thousands] 6 Office $214,937 Retail $313,853 Average credit size is $1,503,053 Average credit size is $1,743,629 Commercial Real Estate Office and Retail All Data as of 12/31/23 Gross Loans [in thousands] 7 Office - $214,937 Retail - $313,853 Medical Traditional Outstanding Balance $40,024 $174,913 # of Loans 22 117 Avg. Loan Size $1,740 $1,458 Weighted Avg. LTV 43% 96% of Office Portfolio – Pass Rated Strip Center Single Tenant Mixed - Use Neighborhood & Shopping Center Outstanding Balance $112,626 $116,600 $18,743 $65,884 # of Loans 51 98 17 14 Avg. Loan Size $2,208 $1,190 $1,102 $4,706 Weighted Avg. LTV 60% 55% 59% 53% 100% of Retail Portfolio – Pass Rated Owner Occupied $20,911 # of Loans 57 Avg. Loan Size $354 Weighted Avg. LTV 51% Other Office Sq. Ft. >100,000 $87,162 20,000 - 100,000 $38,234 <20,000 $28,606 # of Loans 60 Avg. Loan Size $2,525 Weighted Avg. LTV 54% Construction & Land Development by Industry Gross Loans [in thousands] 8 12 - 31 - 23 $804,409 9 - 30 - 23 $861,246 Construction & Land Development by Region Gross Loans [in thousands] 9 12 - 31 - 23 $804,409 9 - 30 - 23 $861,246 Multi Family Real Estate by Region Gross Loans [in thousands] 10 12 - 31 - 23 $942,071 9 - 30 - 23 $845,373 Average credit siz

SIGNATURES

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: January 22, 2024 By: /s/ Joseph W. Turner Joseph W. Turner, President and Chief Executive Officer

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