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Great Southern Bancorp Reports Q1 Profits
Monday, May 04, 2009 9:59 AM


(Source: Datamonitor)trackingGreat Southern Bancorp has reported that net income available to common shareholders was $17.43 million, or $1.29 per diluted share, for the first quarter ended March 31, 2009, compared to a net loss available to common shareholders of $15.15 million, or $1.13 per diluted share, for the first quarter ended March 31, 2008.

The company reported a net income of $18.26 million for the first quarter of 2009 versus $15.15 million for the same quarter of 2008.

Including the impact of the accounting entries recorded for certain interest rate swaps, net interest income for the first quarter of 2009 was $17.55 million, compared to $17.84 million for the first quarter of 2008. Net interest margin was 2.81% for the first quarter of 2009, compared to 3.07% in the same period of 2008, a decrease of 26 basis points.

At March 31, 2009, total assets were $3.41 billion, compared to $2.66 billion as of December 31, 2008.

A service of YellowBrix, Inc.



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