GREAT SOUTHERN BANCORP, INC. — Form 8-K

Great Southern Bancorp reported Q3 2026 net income of $14.0 million ($1.27/diluted share), down 21% from $17.8 million ($1.56/share) in Q3 2025, primarily due to a $3.5 million pre-tax ($2.5 million after-tax) non-cash reclassification charge related to historical interest rate swap hedge accounting adjustments. Excluding this one-time item, non-GAAP net income was $16.5 million ($1.50/share). Net interest income fell 1.0% to $50.3 million, reflecting the absence of $2.0 million in swap accretion income from the prior year. The company completed consolidation of 9 banking centers and 66 position eliminations as of October 1, 2026, expected to generate $2.3–$2.7 million annual pre-tax income improvement. Total loans decreased $108.4 million (2.5%) to $4.25 billion; non-performing assets increased to $10.5 million (0.18% of assets). Tangible common equity ratio declined to 10.4% from 11.2% at year-end 2025.