For context on Great Southern Bank's small-business lending footprint, see its SBA lending profile on US Lender Metrics, including approval volume, loan sizes and industry mix. SBA approvals are not the same as funded loans or recognized revenue; the profile states its reporting period.
| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q3'26 | October 22, 2026 | 10/12 | 2 high, 2 medium, 4 low flags | 1 | 1 | Call sheet → |
| Q2'26 | July 16, 2026 | 9/12 | 4 medium, 3 low flags | 1 | 0 | Call sheet → |
| Q1'26 | April 16, 2026 | 10/12 | 1 high, 4 medium, 3 low flags | 1 | 0 | Call sheet → |
| Q4'25 | January 22, 2026 | 7/12 | 3 medium, 4 low flags | 2 | 1 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q3'26 | Delivered | Consolidation of nine banking centers and elimination of 66 positions across various divisions Confirmed completed as of October 1, 2026, with affected employees remaining through end of Q3. |
| Q3'26 | Missed | Combined federal and state effective tax rate expected to range 18% to 19.5% in future periods Q3 2026 actual effective tax rate came in at 16.3%, below the stated range for the third consecutive quarter; management repeated the same 18-19.5% guidance going forward without acknowledging the persistent gap. |
| Q3'26 | Pending | Approximately $2.3 to $2.7 million in annual pre-tax income improvement beginning Q4 2026 Reaffirmed verbatim this quarter; deadline (Q4 2026 start) has not yet passed as of this call. |
| Q3'26 | Pending | Approximately $4.4 to $4.8 million in non-interest expense savings beginning in the fourth quarter of 2026 Period has not ended; Q3 call reaffirmed the identical $4.4-4.8M range for Q4, consolidation work completed by Oct 1, but actual savings not yet realized or reported. |
| Q2'26 | Pending | IT/technology project spend could add $200,000-$250,000 per month to expenses once fully phased in over 'three to six quarters' Period not yet ended. Q2 shows only a $333,000 quarterly increase in computer license/support costs plus a general statement about 'continuing to add some costs related to some technology initiatives'; the promised monthly magnitude is not yet confirmed. |
| Q2'26 | Delivered | One-time Q1 expense reducers (insurance reimbursement, debit card program reimbursement) 'we don't anticipate those are going to repeat in Q2' Q2 expense discussion references the Q1 $700,000 of expense-reducing items only as a historical reminder, not as a recurring item, consistent with non-repeat. |
| Q1'26 | Pending | Joe (hedged): 'Obviously, I hope we've seen kind of the worst of it' on elevated loan payoffs Payoffs did slow materially ($180M below H2'25 average), directionally supporting the hope, but this was framed as a hope, not a commitment, and management now says it's 'just so hard' to know if that's a trend; unverified as a durable shift. |
| Q1'26 | Delivered | Joe: 'I don't see anything that would make it [NIM] be a whole lot different' than Q4 2025's 3.70% NIM came in at 3.71%, essentially flat as implied, though management itself notes 3-4bps of that was a one-time $483K interest recovery. |
| Q1'26 | Pending | Rex: expense levels would see 'some increase' compared to Q4 2025 due to payroll tax resets and annual raises Q1 2026 non-interest expense actually declined to $34.8M from Q4's $36.0M, the opposite direction of the originally flagged increase. However, management frames this as timing: deferred IT/hardware/software projects were 'pushed to later in the year' and expenses are now expected to 'increase a bit throughout the year', with a specific $200,000-$250,000/month ramp still ahead. We treat the original guidance as revised/deferred into future quarters rather than conclusively missed, since the broader-year expense trajectory it referred to has not yet played out. |
| Q4'25 | Delivered | Minimal credit provision expected absent net loan growth No provision for credit losses on outstanding loans was recorded in Q4, consistent with the minimal-provision expectation, though a separate $882K provision for unfunded commitments was booked that wasn't addressed in the original Q3 framing. |
| Q4'25 | Delivered | Swap termination impact ($2M/quarter) is factored into the fourth quarter here and beyond Q4 results confirm the swap income loss as the primary driver of the modest $371K YoY NII decline, consistent with prior guidance. |
| Q4'25 | Missed | Overall loan balances are expected to remain relatively stable through year end Net loans fell from $4.47B at Sept 30 to $4.36B at Dec 31, a ~$110M (2.5%) sequential decline, not stable. |
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