Great Southern Bancorp, Inc. (NASDAQ:GSBC) Q2 2022 Earnings Conference Call July 21, 2022 3:00 PM ET
Company Participants
Kelly Polonus - IR
Joe Turner - President and CEO
Rex Copeland - CFO
Conference Call Participants
Andrew Liesch - Piper Sandler
Damon DelMonte - KBW
John Rodis - Janney
Operator
Good day, and thank you for standing by. Welcome to the Great Southern Bancorp, Inc. Second Quarter 2022 Earnings Call. [Operator Instructions] Please be advised that today's conference is being recorded.
I would now like to hand the conference over to Kelly Polonus with Investor Relations. Please go ahead.
Kelly Polonus
Thank you, Carmen. Good afternoon, and welcome. The purpose of this call today is to discuss the company's results for the quarter ending June 30, 2022. Before we begin, I need to remind you that during this call, we may make forward-looking statements about future events and financial performance. Please do not place undue reliance on any forward-looking statements, which speak only as of the date they are made. Please use our forward-looking statements disclosure in our second quarter 2022 earnings release for more information.
President and CEO, Joe Turner; and Chief Financial Officer, Rex Copeland, are on the call with me today.
I'll now turn the call over to Joe Turner.
Joe Turner
Okay. Thanks, Kelly, and good afternoon to everybody that's on the call. We certainly appreciate you joining us today for our second quarter earnings call. Hopefully, you've had a chance to review our release which came out last night. And if you have, you've seen that we had a very good quarter, continuing the momentum from the first quarter of '22.
Our country's current economic landscape provides both opportunities and challenges for us, and I guess we're all participants in our industry. We're focused on ensuring that our company is properly positioned, especially in the wake of changing -- the changing interest rate environment.
As always, we remain steadfast in adhering to our core tenets of providing our customers with world-class service while operating with a long-term mindset. I'm proud of our team of associates and appreciate their commitment to our customers and to our company.
As usual, I'll provide some brief remarks about our company's performance and then turn the call over to Rex, who will get into more details about the financial results. Then we'll open it up for questions.
In the second quarter of '22, we earned $18.2 million or $1.44 per share compared to $20.1 million or $1.46 per share in the same period of '21. Really, the big difference in the quarter was a $3.5 million swing in our provision expense.