Great Southern Bancorp, Inc. · NASDAQ:GSBC
Great Southern Bancorp — Q3 2026 Earnings Presentation
17 slides from Great Southern Bancorp's earnings presentation, Oct 22, 2026
Slide 1: Earnings Presentation
Earnings Presentation October 2026 Great Southern Bancorp. Inc (NASDAQ: GSBC) Third Quarter Ended September 30, 2026
Slide 2: Forward-Looking Statements
Forward-Looking Statements When used in this presentation and in other documents filed or furnished by the Company with or to the Securities and Exchange Commission (the “SEC”), in the Company's other press releases or other public or stockholder communications, and in oral statements made with the
Slide 3: Executive Management Team
Executive Management Team Joseph W. Turner Rex A. Copeland President & Chief Executive Officer Senior Vice President & Chief Financial Officer Joseph W. Turner joined Great Southern in 1991 and became an officer of Bancorp Rex A. Copeland has served as Senior Vice President, Chief Financial Officer,
Slide 4: Financial Performance
Financial Performance Great Southern Bancorp. Inc (NASDAQ: GSBC) Quarter Ended September 30, 2026
Slide 5: Highlights & Developments
Highlights & Developments Earnings Performance: 3Q26 net income decreased to $14.0 million ($1.27 per diluted share) from $17.8 million ($000S EXCEPT PER SHARE DATA) 3Q26 2Q26 3Q25 ($1.56 per diluted share) in 3Q25, primarily reflecting the impact of a $2.5 million (net of INCOME STATEMENT taxes) no
Slide 6: Income Statement
Income Statement Net Income Performance: GSBC reported net income of $14.0 million in 3Q26, a 21.1% decrease from Net Interest Margin & Net Interest Income $17.8 million in 3Q25, primarily reflecting the impact of a $2.5 million (net of Dollars In Thousands taxes) non-cash hedge accounting adjustmen
Slide 7: Non-Interest Income
Non-Interest Income Total Non-Interest Income: $3.4 million, down 51.7% from $7.1 million in 3Q25, primarily driven by a one-time, non-cash Non-Interest Income hedge accounting adjustment of $4.1 million. Excluding this item, non-interest income was Dollars In Thousands $7.5 million. POS and ATM fee
Slide 8: Non-Interest Expense
Non-Interest Expense Non-Interest Expense Total Non-Interest Expense: Dollars In Thousands $36.3 million, a $158,000 increase from $36.1 million in 3Q25, driven by ongoing technology investments, largely offset by reduced personnel expenses. Net Occupancy and Equipment Expense: Increased to $9.3 mil
Slide 9: Deposits
Deposits Interest-Bearing Deposits: Total Deposits Decreased by $72.6 million, or 3.2%, compared to 4Q25, primarily driven by a decrease in certain NOW Dollars In Millions and money market accounts. $4,482.8 $4,302.1 Non-Interest-Bearing Deposits: $4,070.0 Increased by $29.3 million, or 3.5%, compar
Slide 10: Capital
Capital Stockholders’ Equity at September 30, 2026: $612.5 million, or 10.5% of total assets, representing a $23.6 million decrease from $636.1 million (11.4% of total assets) at December 31, 2025. Key Drivers of Change in Stockholders’ Equity (Nine Months Ended September Stockholders’ Equity 30, 20
Slide 11: Loan Portfolio by Category
Loan Portfolio by Category Gross Loans [in thousands] 9-30-26 $4,322,494 6-30-26 $4,385,000 Commercial Business Consumer* Commercial Business Consumer* $173,538 $189,426 $173,594 $182,776 4% 4% 4% 4% Const & Const & Land Dev Land Dev $432,126 $402,364 10% Single Family Single Family 9% Real Estate R
Slide 12: Loan Portfolio by Region
Loan Portfolio by Region Gross Loans [in thousands] 9-30-26 $4,322,494 6-30-26 $4,385,000 Other Region Kansas City Southern Other Region Kansas City $157,284 $230,174 Region $144,212 $232,994 4% 5% $301,609 3% 5% Midwest Region 7% $237,458 Southern Midwest Region 5% Region $277,428 Florida $289,582
Slide 13: Asset Quality Metrics
Asset Quality Metrics Non-Performing Assets Dollars in Millions Non-Performing Assets (NPAs): 0.18% 0.17% Increased to $10.5 million, representing 0.18% of total assets, up from $9.4 million (0.17% of total assets) in 2Q26. 0.15% $10.5 Allowance for Credit Losses (ACL): $9.4 Remained stable at 1.47%
Slide 14: Non-GAAP Reconciliation
Non-GAAP Reconciliation This document contains certain financial information determined by methods other than in accordance with accounting principles generally accepted in the United States (“GAAP”), including the ratio of tangible common equity to tangible assets and information excluding one-time
Slide 15: Non-GAAP Reconciliation
Non-GAAP Reconciliation Non-GAAP Reconciliation: Ratio of Tangible Common Equity to Tangible Assets September 30, December 31, 2026 2025 (Dollars in thousands) Common equity at period end $ 612,529 $ 636,126 Less: Intangible assets at period end 9,632 9,660 Tangible common equity at period end (a) $
Slide 16: Non-GAAP Reconciliation
Non-GAAP Reconciliation Non-GAAP Reconciliation: Exclusion of One-Time Adjustments to Historical Cash Flow Hedge Accounting Three Months Ended September 30, 2026 (Dollars in thousands) Reported net income $ 14,009 Plus: One-time adjustments to historical cash flow hedge accounting 3,277 Less: Tax ad
Slide 17: Contact Us
Contact Us Great Southern Bancorp. Inc (NASDAQ: GSBC) Kincade Ayers (616) 233-0500 - GSBC@lambert.com Investor Relations
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