Great Southern Bank, Financial Information

AboutGreat Southern Bank

 Address:
218 22nd Avenue South
Meridian,MS
Lauderdale County,Mississippi
 Established:
Mar 1902
 Number of domestic offices:
12
Total assets$340M
Net income$2M
Net income,quarterly$1M
Total deposits$307M
Domestic deposits$307M
Equity capital$31M
ROA0.69%
ROAQ,quarterly0.71%
ROA,pretax0.71%
ROAQ,quarterly,pretax0.81%
ROE7.38%
ROEQ,quarterly7.79%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

The Bank of Quitman was a home-town bank operated and managed by home-town people. Even today, a proud connection to the Bank of Quitman’s beginning continues as decedents of an original founder are still major shareholders of Great Southern National Bank.

In 1986 Great Southern National Bank opened the Bank of Decatur, emphasizing its commitment to East and South Mississippi. In November of 2001, the bank built a new facility to accommodate its growth and better serve the area.In 1987 the Bank decided to fully focus its efforts and resources on East and South Mississippi and sold its Jackson offices.

In April of 1996, Great Southern National Bank decided to incorporate all of their banks under one name and began operating under Great Southern National Bank, rather than each individual town name.

Great Southern National Bank offers Free Internet Banking with Free Bill Pay and Free Telephone Banking. Personal Checking Accounts with Overdraft Privilege Service (ODP) are subject to approval and are limited to one account with ODP per household.

Great Southern offers complete financing services on all types of automobiles and trucks, including both new and late model used vehicles. Great Southern is able to arrange a loan for the purpose of constructing a new house. Great Southern offers conventional home financing for terms up to 30 years with fixed rates or several variable-rate options.

P.O. Box 1271
Meridian, MS 39302-1271
(601) 693-5141
601-693-5141