|
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
|
OMB APPROVAL
OMB Number: 3235-0058
Expires: April 30, 2009
Estimated average
burden
hours per response . . . . 2.50
|
|
|
FORM
12b-25
NOTIFICATION
OF LATE FILING
|
SEC
FILE NUMBER
0-18082
|
|
|
CUSIP
NUMBER
390905
10 7
|
Form N-CSR For Period
Ended: March 31,
2008
Transition Report on Form
10-K Transition Report on Form
20-F Transition Report on Form
11-K Transition Report on Form
10-Q Transition Report on Form
N-SARFor the Transition Period
Ended: ______________________________________
|
Read
Instruction (on back page) Before Preparing Form. Please Print or
Type.
Nothing
in this form shall be construed to imply that the Commission has verified
any information contained herein.
|
If the
notification relates to a portion of the filing checked above, identify the
Item(s) to which the notification relates:
PART
I – REGISTRANT INFORMATION
Great Southern Bancorp,
Inc.
Full Name of
Registrant
________________________________________________________________________________________________
Former Name
if Applicable
1451 E.
Battlefield
Address of
Principal Executive Office (Street and
Number)
Springfield,
Missouri 65804
City, State
and Zip Code
PART
II – RULES 12b-25(b) AND (c)
If the
subject report could not be filed without unreasonable effort or expense and the
registrant seeks relief pursuant to Rule 12b-25(b), the following should be
completed. (Check box if appropriate) 
|
(a)
The reasons described in reasonable detail in Part III of this form could
not be eliminated without unreasonable effort or
expense
|
|
|
(b)
The subject annual report, semi-annual report, transition report on Form
10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof,
will be filed on or before the fifteenth calendar day following the
prescribed due date; or the subject quarterly report or transition report
on Form 10-Q or subject distribution report on Form 10-D, or portion
thereof, will be filed on or before the fifth calendar day following the
prescribed due date; and
|
|
|
(c)
The accountant’s statement or other exhibit required by Rule 12b-25(c) has
been attached if applicable.
|
PART
III – NARRATIVE
State
below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR,
or the transition report or portion thereof, could not be filed within the
prescribed time period.
On
May 12, 2008, the Registrant determined to record a provision expense and
related charge-off of $35 million, related to a $30 million stock loan to an
Arkansas-based bank holding company (ABHC) and the under-collateralized portion
of other related loans. The charge-off resulted from the appointment
of the FDIC as Receiver for ABHC’s subsidiary, ABank, by the OCC on May 9, 2008,
and the closing of ABank by the FDIC that same day. As a result of
these regulatory actions, the $30 million loan as well as $5 million,
representing the under-collateralized portion of the other related loans, have
been charged off.
Because
of the timing of the actions by the regulators, and the fact that the Registrant
had not yet filed its Quarterly Report on Form 10-Q for the quarter ended March
31, 2008, the Registrant is working with its independent public accountants to
determine whether the charge-off should be reflected in the March 31, 2008
quarter.
PART
IV – OTHER INFORMATION
|
(1)
|
Name
and telephone number of person to contact in regard to this
notification
|
|
Rex
A.
Copeland
|
417
|
895-4741
|
|
(Name)
|
(Area
Code)
|
(Telephone
Number)
|
|
(2)
|
Have
all other periodic reports required under Section 13 or 15(d) of the
Securities Exchange Act of 1934 or Section 30 of the Investment Company
Act of 1940 during the preceding 12 months or for such shorter period that
the registrant was required to file such report(s) been filed? If answer
is no, identify report(s).Yes
No |
|
|
|
(3)
|
Is
it anticipated that any significant change in results of operations from
the corresponding period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion
thereof? Yes
No |
|
|
|
|
|
If
so, attach an explanation of the anticipated change, both narratively and
quantitatively, and if appropriate, state the reasons why a reasonable
estimate of the results cannot be
made.
|
|
|
The
Registrant currently estimates that, if the provision expense and
charge-off referred to in Part III above are determined to be
appropriately reflected as of March 31, 2008, it will report a net loss
for the quarter ended March 31, 2008 of $15.2 million, compared with net
income for the quarter ended March 31, 2007 of $7.3
million.
|
Great Southern
Bancorp, Inc.
(Name of Registrant as Specified in Charter)
|
|
has
caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
|
|
Date
|
May
12, 2008
|
By
/s/ Rex A.
Copeland
Rex A. Copeland
Treasurer
|
|
|
|
|
|
|
INSTRUCTION: The
form may be signed by an executive officer of the registrant or by any other
duly authorized representative. The name and title of the person signing the
form shall be typed or printed beneath the signature. If the statement is signed
on behalf of the registrant by an authorized representative (other than an
executive officer), evidence of the representative’s authority to sign on behalf
of the registrant shall be filed with the form.
|
ATTENTION
|
||
|
Intentional
misstatements or omissions of fact constitute Federal Criminal Violations
(See 18 U.S.C.
1001).
|
||