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Overview / Commentary
218 22nd Avenue South
Meridian, MS 39301

Great Southern National Bank is headquartered in Meridian and is the 33rd largest bank in the state of Mississippi. It is also the 2,343rd largest bank in the nation. It was established in 1902 and as of June of 2014, it had grown to 151 employees at 14 locations. Great Southern National Bank has a A health rating.

Reviews (1)

Great Southern National Bank In Decatur, Ms Is Awful Every Since They Have A New Loan Officer Don't Go There

The Decatur, Ms branch is awful


Data for Q2 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 Great Southern National Bank had $1.23 million in non-current loans and owned real-estate with $27.53 million in equity and loan loss allowances on hand to cover it. This gives Great Southern National Bank a Texas Ratio of 4.47% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Great Southern National Bank decreased dramatically from 8.35% as of June 30, 2013 to 4.47% as of June 30, 2014, resulting in a positive change of 46.43%.This indicates that the balance sheet and financial strength for Great Southern National Bank has improved dramatically in recent periods.

Deposit Growth


In the past year, Great Southern National Bank has increased its total deposits by $7.42 million, resulting in 3.06% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Great Southern National Bank has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Great Southern National Bank has $276.16 million in assets with $27.53 million in equity, resulting in a capitalization level of 9.97%, which is above average.

Institution Statistics

FDIC Certificate #8552
Year Established1902
Primary RegulatorOCC
Assets and Liabilities
Assets$276.16 million
Loans$112.81 million
Deposits$249.69 million
Equity Capital$25.97 million
Loan Loss Allowance$1.56 million
Unbacked Noncurrent Loans$1.02 million
Real Estate Owned$214,000
Historic Data - June 2013
Assets$268.91 million
Equity Capital$25.96 million
Loan Loss Allowance$1.62 million
Unbacked Noncurrent Loans$1.02 million
Real Estate Owned$1.06 million
Profit Margin - Quarterly
Return on Assets0.72%
Return on Equity7.79%
Interest Income$6.62 million

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Great Southern National Bank has 13 locations. Click to view all Great Southern National Bank locations.