g-8k032409.htm
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 
FORM 8-K
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported)
 
March 20, 2009
 
 
GREAT SOUTHERN BANCORP, INC.
(Exact name of Registrant as specified in its Charter)
 
 
 
Maryland
 
0-18082
 
43-1524856
(State or other jurisdiction of
incorporation)
 
(Commission File No.)
 
(IRS Employer Identification
Number)
 
 
 
1451 East Battlefield, Springfield, Missouri
 
65804
(Address of principal executive offices)
  
(Zip Code)
 
 
 
 
Registrant's telephone number, including area code: (417) 887-4400
 
 
 
N/A
(Former name or former address, if changed since last report)
 

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 
  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) 
  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) 
  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) 
  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) 
 
 
 
 
 
Item 1.01  Entry into a Material Definitive Agreement
 
    On March 20, 2009, Great Southern Bank (the "Bank"), the wholly owned subsidiary of Great Southern Bancorp, Inc., announced that it had entered into a definitive agreement (the "Agreement") with the FDIC, pursuant to which the Bank assumed all deposits (excluding brokered deposits) at a 1% premium, and certain assets of TeamBank, N.A., a commercial bank headquartered in Paola, Kansas at a discount of $100 million.  A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.  The Agreement also provides that the acquired loans and other real estate owned will be covered by a loss share arrangement between the FDIC and the Bank which provides the Bank significant protection.
 
    The foregoing summary of the Agreement is not complete and is qualified in its entirety by reference to the full text of the Agreement, a copy of which is attached hereto as Exhibit 2.1 and incorporated by reference herein.
 
Item 2.01  Completion of Acquisition or Disposition of Assets
 
    The information set forth under Item 1.01 "Entry into a Material Definitive Agreement" is incorporated by reference into this Item 2.01.
 
Item 9.01  Financial Statements and Exhibits
 
 
  (a)  Financial Statements of Businesses Acquired   
       
    To the extent that consolidated financial statements are required by this Item, they will be filed in an amendment to this report no later than June 5, 2009.   
       
  (b)  Pro Forma Financial Information   
       
    To the extent that pro forma financial information is required by this Item, it will be filed in an amendment to this report no later than June 5, 2009.   
       
  (d)  Exhibits   
       
 
      2.1  Purchase and Assumption Agreement dated March 20, 2009   
    99.1  Press release dated March 20, 2009   
       
       
 
 
 
 
 
 
 
 
 
 
SIGNATURES
 
    Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.
 
 
 
  GREAT SOUTHERN BANCORP, INC.  
       
Date  March 26, 2009
By:
/s/ Joseph W. Turner  
    Joseph W. Turner   
    President and Chief Executive Officer