Great Southern Bancorp (GSBC) 10-Q2001 Q1 Quarterly report

Filed: 15 May 01, 12:00am

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New words: activity, April, Baird, Branson, called, charter, close, collateral, condominium, Cumulative, customer, Debenture, debt, Delaware, demonstrated, director, Dobson, ensure, entitled, EVENT, golf, GSBCP, heading, holding, independent, introduced, January, Kurtz, land, leverage, Missouri, motel, neutral, parallel, participation, Quarterly, ratification, recognition, record, recorded, recording, recovery, removed, Reserve, resolution, secured, Subordinated, theater, trust, underwriting, underwritten, undeveloped, usage, vote, Voting

Removed: applied, attached, averaged, beginning, behalf, combination, conversion, Copeland, Data, delayed, duly, effective, embedded, exhibit, fewer, implemented, initially, insure, june, property, quarter, remained, resultant, retroactively, Rex, schedule, staffing, strong, technology, thereunto, tied, undersigned

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Exhibit 11- Statement Re Computation of Earnings Per Share

	Three Months Ended March 31,
	2001	2000

Basic:

Average shares outstanding	6,896,839	7,389,733
Net income	$4,727,132	$3,658,806
Per share amount	$0.69	$0.50

Diluted:

Average shares outstanding	6,896,839	7,389,733
Net effect of dilutive stock options - based on the treasury stock method using average market price	117,530	182,662
Diluted shares	7,014,369	7,572,395
Net income	$4,727,132	$3,658,806
Per share amount	$0.67	$0.48

Note: Antidilutive stock options totaling 72,325 and 135,550 shares were not included in the calculation of diluted earnings per share at March 31, 2001 and 2000, respectively.