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Suzette Hoevet Obituary - (2021) - Onawa, IA - Sioux City Journal

Suzette Hoevet Obituary - (2021) - Onawa, IA - Sioux City Journal
legacy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from legacy.com Daily Mail and Mail on Sunday newspapers.

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Great Southern Bancorp, Inc. Reports Preliminary Fourth Quarter and Annual Earnings of $1.28 and $4.21 Per Diluted Common Share

Great Southern Bancorp, Inc. Reports Preliminary Fourth Quarter and Annual Earnings of $1.28 and $4.21 Per Diluted Common Share
Great Southern Bancorp, Inc.
Preliminary Financial Results and Other Matters for the Quarter and Year Ended December 31, 2020:
CECL Adoption: The recently-enacted COVID relief legislation, the Consolidated Appropriations Act, 2021, provides for an optional additional delay for certain bank holding companies to adopt the Current Expected Credit Loss (CECL) accounting standard. Great Southern Bancorp, Inc. (the Company) has elected to delay the initial adoption date of this standard to January 1, 2021, in accordance with guidance approved by the Securities and Exchange Commission. Therefore, the Company’s financial statements for the three months and year ended December 31, 2020, were prepared under the existing incurred loss accounting standard. The adoption of the CECL model during the first quarter of 2021 will require us to recognize ....

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