GSBC 10-K Fiscal year ended Dec. 31, 2017

Maryland	43-1524856
(State or other jurisdiction of incorporation or organization)	(IRS Employer Identification No.)
1451 E. Battlefield, Springfield, Missouri	65804
(Address of principal executive offices)	(Zip Code)

(417) 887-4400

Registrant's telephone number, including area code

Title of Each Class	Name of Each Exchange on Which Registered
Common Stock, par value $0.01 per share	The NASDAQ Stock Market LLC

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.	Yes [  ]   No [X]
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.	Yes [  ]   No [X]
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.	Yes [X]  No [  ]
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).	Yes [X]  No [  ]
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of the registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. [  ]
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.
Large accelerated filer [  ]       Accelerated filer [X]       Non-accelerated filer [  ](Do not check if a smaller reporting company) Smaller reporting company [   ]Emerging growth company [   ]
Indicated by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).	Yes [  ]   No [X]
The aggregate market value of the common stock of the registrant held by non-affiliates of the Registrant on June 30, 2017, computed by reference to the closing price of such shares on that date, was $580,792,469. At March 1, 2018, 14,109,837 shares of the Registrant's common stock were outstanding.

			Page
ITEM 1.	BUSINESS		3
ITEM 1A.	RISK FACTORS		57
ITEM 1B.	UNRESOLVED STAFF COMMENTS		67
ITEM 2.	PROPERTIES.		67
ITEM 3.	LEGAL PROCEEDINGS.		67
ITEM 4.	MINE SAFETY DISCLOSURES.		68
ITEM 4A.	EXECUTIVE OFFICERS OF THE REGISTRANT.		68
ITEM 5.	MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES		69
ITEM 6.	SELECTED FINANCIAL DATA		70
ITEM 7.	MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS		73
ITEM 7A.	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK		107
ITEM 8.	FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA		111

ITEM 9.	CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE		194
ITEM 9A.	CONTROLS AND PROCEDURES.		194
ITEM 9B.	OTHER INFORMATION.		195
ITEM 10.	DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE.		196
ITEM 11.	EXECUTIVE COMPENSATION.		196
ITEM 12.	SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS		196
ITEM 13.	CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE.		196
ITEM 14.	PRINCIPAL ACCOUNTING FEES AND SERVICES.		197
ITEM 15.	EXHIBITS, FINANCIAL STATEMENT SCHEDULES.		198

		December 31,
		2017								2016								2015								2014								2013
		Amount				%				Amount				%				Amount				%				Amount				%				Amount				%
		(Dollars In Thousands)
Real Estate Loans:
One- to four- family (1)		$	318,186				7.3	%		$	353,709				8.6	%		$	272,411				7.9	%		$	245,180				8.3	%		$	242,281				10.5	%
Other residential			745,645				17.1				663,378				16.1				419,550				12.1				392,415				13.2				325,599				14.2
Commercial (2)			1,256,986				28.8				1,211,644				29.4				1,080,836				31.3				986,936				33.3				822,920				35.8
Residential construction:
One- to four- family			23,266				0.5				26,764				0.6				36,430				1.1				49,631				1.7				47,308				2.1
Other residential			208,883				4.8				202,202				4.9				133,718				3.9				59,664				2.0				32,988				1.4
Commercial			919,029				21.1				641,195				15.6				551,115				16.0				404,683				13.7				236,635				10.3
Total real estate loans			3,471,995				79.6				3,098,892				75.2				2,494,060				72.3				2,138,509				72.2				1,707,731				74.3
Other Loans:
Consumer loans:
Automobile, boat, etc.			418,594				9.6				563,086				13.7				513,798				14.9				400,392				13.5				215,778				9.4
Home equity and improvement			115,439				2.7				108,753				2.6				83,966				2.4				66,275				2.2				58,297				2.5
Other			1,916				—				1,148				—				926				—				987				0.1				1,184				0.1
Total consumer loans			535,949				12.3				672,987				16.3				598,690				17.3				467,654				15.8				275,259				12.0
Other commercial loans			353,553				8.1				348,955				8.5				357,581				10.4				354,012				12.0				315,269				13.7
Total other loans			889,502				20.4				1,021,942				24.8				956,271				27.7				821,666				27.8				590,528				25.7
Total loans			4,361,497				100.0	%			4,120,834				100.0	%			3,450,331				100.0	%			2,960,175				100.0	%			2,298,259				100.0	%
Less:
Loans in process			793,664								585,305								418,702								323,572								194,544
Deferred fees and discounts			6,500								4,869								3,528								3,276								2,994
Allowance for loan losses			36,033								36,775								36,646								36,300								40,116
Total legacy loans receivable, net		$	3,525,300							$	3,493,885							$	2,991,455							$	2,597,027							$	2,060,605

(1)	Includes loans held for sale.
(2)	Total commercial real estate loans included industrial revenue bonds of $21.7 million, $24.7 million, $37.4 million, $41.1 million and $42.2 million at December 31, 2017, 2016, 2015, 2014 and 2013, respectively.

		December 31,
		2017								2016								2015								2014								2013
		Amount				%				Amount				%				Amount				%				Amount				%				Amount				%
		(Dollars In Thousands)
Real Estate Loans:
Residential
One- to four- family		$	5,328				39.0	%		$	7,230				38.4	%		$	9,696				33.3	%		$	12,293				28.0	%		$	15,050				28.1	%
Other residential			878				6.4				919				4.9				992				3.4				1,083				2.5				1,163				2.2
Commercial (1)			5,611				41.0				7,059				37.5				11,872				40.8				21,207				48.3				24,682				46.1
Construction			584				4.3				1,706				9.0				3,916				13.4				5,257				12.0				6,996				13.0
Total real estate loans			12,401				90.7				16,914				89.8				26,476				90.9				39,840				90.8				47,891				89.4
Other Loans:
Consumer loans:
Home equity and improvement			895				6.6				1,532				8.1				2,138				7.4				3,282				7.5				4,190				7.8
Other			13				0.1				18				0.1				37				0.1				64				0.2				73				0.2
Total consumer loans			908				6.7				1,550				8.2				2,175				7.5				3,346				7.7				4,263				8.0
Other commercial loans			361				2.6				376				2.0				465				1.6				674				1.5				1,404				2.6
Total other loans			1,269				9.3				1,926				10.2				2,640				9.1				4,020				9.2				5,667				10.6
Total loans (2)			13,670				100.0	%			18,840				100.0	%			29,116				100.0	%			43,860				100.0	%			53,558				100.0	%
Less:
Loans in process			2								2								2								5								5
Allowance for loan losses			84								108								205								415								—
Fair value discounts			720								1,005								1,454								2,295								3,691
Total Team Bank, N.A. loans receivable, net		$	12,864							$	17,725							$	27,455							$	41,145							$	49,862

(1)	Total commercial real estate loans included industrial revenue bonds of $1.4 million, $1.5 million, $1.9 million, $2.0 million and $2.1 million at December 31, 2017, 2016, 2015, 2014, and 2013, respectively.
(2)	At December 31, 2017, none of these acquired loans were covered by an FDIC loss sharing agreement.

(1)	Total commercial real estate loans included industrial revenue bonds of $856,000, $1.1 million, $1.3 million, $1.6 million and $1.8 million at December 31, 2017, 2016, 2015, 2014, and 2013, respectively.
(2)	At December 31, 2017, none of these acquired loans were covered by an FDIC loss sharing agreement.

(1)	Total commercial real estate loans included industrial revenue bonds of $-0-, $-0-, $-0-, $207,000 and $292,000 at December 31, 2017, 2016, 2015, 2014, and 2013, respectively.
(2)	At December 31, 2017, none of these acquired loans were covered by an FDIC loss sharing agreement.

(1)	At December 31, 2017, none of these acquired loans were covered by an FDIC loss sharing agreement.

		December 31,
		2017								2016								2015								2014
		Amount				%				Amount				%				Amount				%				Amount				%
		(Dollars in Thousands)
Real Estate Loans:
Residential
One- to four- family		$	19,485				32.5	%		$	23,535				27.9	%		$	30,646				27.9	%		$	39,664				27.1	%
Other residential			10,862				18.1				23,850				28.3				25,886				23.6				22,700				15.5
Commercial (1)			19,515				32.5				26,258				31.2				31,143				28.4				44,170				30.2
Construction			4,016				6.7				1,914				2.2				5,922				5.4				13,670				9.4
Total real estate loans			53,878				89.8				75,557				89.6				93,597				85.3				120,204				82.2
Other Loans:
Consumer loans:
Home equity and improvement			459				0.8				744				0.9				1,232				1.1				1,763				1.2
Other			750				1.2				970				1.2				1,362				1.2				1,949				1.3
Total consumer loans			1,209				2.0				1,714				2.1				2,594				2.3				3,712				2.5
Other commercial loans			4,913				8.2				7,015				8.3				13,613				12.4				22,378				15.3
Total other loans			6,122				10.2				8,729				10.4				16,207				14.7				26,090				17.8
Total loans			60,000				100.0	%			84,286				100.0	%			109,804				100.0	%			146,294				100.0	%
Less:
Loans in process			3								3								13								449
Allowance for loan losses			111								143								738								403
Fair value discounts			5,555								8,052								16,355								23,863
Total Valley Bank  loans receivable, net		$	54,331							$	76,088							$	92,698							$	121,579

		December 31,
		2017								2016								2015								2014								2013
		Amount				%				Amount				%				Amount				%				Amount				%				Amount				%
		(Dollars In Thousands)
Fixed-Rate Loans:
Real Estate Loans
One- to four- family		$	148,790				3.4	%		$	168,813				4.1	%		$	110,738				3.2	%		$	102,780				3.5	%		$	94,566				4.1	%
Other residential			279,593				6.4				304,387				7.4				257,854				7.5				273,701				9.2				209,008				9.1
Commercial			603,183				13.8				589,354				14.3				522,924				15.2				453,153				15.3				397,618				17.2
Residential construction:
One- to four- family			7,998				0.2				10,950				0.3				16,483				0.5				17,753				0.6				17,270				0.8
Other residential			6,636				0.2				26,487				0.6				21,548				0.6				9,950				0.3				2,162				0.1
Commercial construction			717,350				16.4				530,375				12.9				376,661				10.9				285,623				9.7				156,142				6.8
Total real estate loans			1,763,550				40.4				1,630,366				39.6				1,306,208				37.9				1,142,960				38.6				876,766				38.1
Consumer			411,068				9.4				553,800				13.4				506,574				14.7				396,412				13.4				215,628				9.4
Other commercial			203,388				4.7				194,431				4.7				195,602				5.6				197,635				6.7				189,899				8.3
Total fixed-rate loans			2,378,006				54.5				2,378,597				57.7				2,008,384				58.2				1,737,007				58.7				1,282,293				55.8
Adjustable-Rate Loans:
Real Estate Loans
One- to four- family			169,396				3.9				184,896				4.5				161,673				4.7				142,400				4.8				147,715				6.4
Other residential			466,052				10.7				358,991				8.7				161,696				4.7				118,714				4.0				116,591				5.1
Commercial			653,803				15.0				622,290				15.1				557,912				16.2				533,783				18.0				425,302				18.5
Residential construction:
One- to four- family			15,268				0.4				15,814				0.4				19,947				0.5				31,878				1.1				30,038				1.3
Other residential			202,247				4.6				175,715				4.3				112,170				3.3				49,714				1.7				30,826				1.3
Commercial construction			201,679				4.6				110,820				2.7				174,454				5.0				119,060				4.0				80,493				3.5
Total real estate loans			1,708,445				39.2				1,468,526				35.7				1,187,852				34.4				995,549				33.6				830,965				36.1
Consumer			124,881				2.9				119,187				2.9				92,116				2.7				71,242				2.4				59,631				2.6
Other commercial			150,165				3.4				154,524				3.7				161,979				4.7				156,377				5.3				125,370				5.5
Total adjustable-rate loans			1,983,491				45.5				1,742,237				42.3				1,441,947				41.8				1,223,168				41.3				1,015,966				44.2
Total Loans			4,361,497				100.0	%			4,120,834				100.0	%			3,450,331				100.0	%			2,960,175				100.0	%			2,298,259				100.0	%
Less:
Loans in process			793,664								585,305								418,702								323,572								194,544
Deferred fees and discounts			6,500								4,869								3,528								3,276								2,994
Allowance for loan losses			36,033								36,775								36,646								36,300								40,116
Total legacy loans receivable, net		$	3,525,300							$	3,493,885							$	2,991,455							$	2,597,027							$	2,060,605

		December 31,
		2017								2016								2015								2014								2013
		Amount				%				Amount				%				Amount				%				Amount				%				Amount				%
		(Dollars In Thousands)
Fixed-Rate Loans:
Real Estate Loans
One- to four- family		$	1,174				8.6	%		$	1,385				7.4	%		$	1,946				6.7	%		$	2,585				5.9	%		$	3,596				6.7	%
Other residential			878				6.4				919				4.9				957				3.3				989				2.3				1,012				1.9
Commercial			1,601				11.7				2,092				11.1				3,352				11.5				5,114				11.7				4,854				9.1
Construction			97				0.7				245				1.3				413				1.4				413				0.9				1,346				2.5
Total real estate loans			3,750				27.4				4,641				24.7				6,668				22.9				9,101				20.8				10,808				20.2
Consumer			13				0.1				18				0.1				28				0.1				41				0.1				73				0.1
Other commercial			187				1.4				189				1.0				200				0.7				264				0.5				668				1.3
Total fixed-rate loans			3,950				28.9				4,848				25.8				6,896				23.7				9,406				21.4				11,549				21.6
Adjustable-Rate Loans:
Real Estate Loans
One- to four- family			4,154				30.4				5,845				31.0				7,750				26.6				9,708				22.1				11,454				21.4
Other residential			—				—				—				—				35				0.1				94				0.2				151				0.3
Commercial			4,010				29.3				4,967				26.4				8,520				29.3				16,093				36.6				19,828				37.0
Construction			487				3.6				1,461				7.7				3,503				12.0				4,844				11.1				5,650				10.5
Total real estate loans			8,651				63.3				12,273				65.1				19,808				68.0				30,739				70.0				37,083				69.2
Consumer			895				6.5				1,532				8.1				2,147				7.4				3,305				7.6				4,190				7.8
Other commercial			174				1.3				187				1.0				265				0.9				410				1.0				736				1.4
Total adjustable-rate loans			9,720				71.1				13,992				74.2				22,220				76.3				34,454				78.6				42,009				78.4
Total Loans			13,670				100.0	%			18,840				100.0	%			29,116				100.0	%			43,860				100.0	%			53,558				100.0	%
Less:
Loans in process			2								2								2								5								5
Allowance for loan losses			84								108								205								415								—
Fair value discounts			720								1,005								1,454								2,295								3,691
Total loans receivable, net		$	12,864							$	17,725							$	27,455							$	41,145							$	49,862

		December 31,
		2017								2016								2015								2014								2013
		Amount				%				Amount				%				Amount				%				Amount				%				Amount				%
		(Dollars In Thousands)
Fixed-Rate Loans:
Real Estate Loans
One- to four- family		$	2,243				11.8	%		$	2,934				12.4	%		$	4,272				13.4	%		$	6,427				15.2	%		$	9,204				15.3	%
Other residential			492				2.6				533				2.2				571				1.8				1,508				3.6				4,783				8.0
Commercial			3,296				17.4				3,837				16.2				3,027				9.5				3,982				9.4				4,773				8.0
Construction			12				0.1				50				0.3				240				0.7				264				0.7				288				0.5
Total real estate loans			6,043				31.9				7,354				31.1				8,110				25.4				12,181				28.9				19,048				31.8
Consumer			2,589				13.7				3,699				15.6				5,593				17.6				7,739				18.4				10,692				17.8
Other commercial			41				0.2				74				0.3				150				0.5				227				0.5				742				1.2
Total fixed-rate loans			8,673				45.8				11,127				47.0				13,853				43.5				20,147				47.8				30,482				50.8
Adjustable-Rate Loans:
Real Estate Loans
One- to four- family			3,800				20.0				4,894				20.6				5,973				18.8				7,416				17.6				9,795				16.3
Other residential			627				3.3				668				2.8				974				3.1				1,027				2.4				1,640				2.7
Commercial			2,537				13.4				3,016				12.7				6,496				20.4				7,883				18.8				10,648				17.7
Construction			6				—				8				—				9				—				20				—				31				0.1
Total real estate loans			6,970				36.7				8,586				36.1				13,452				42.3				16,346				38.8				22,114				36.8
Consumer			3,259				17.2				3,841				16.2				4,378				13.8				5,104				12.1				5,845				9.7
Other commercial			63				0.3				158				0.7				135				0.4				541				1.3				1,573				2.7
Total adjustable-rate loans			10,292				54.2				12,585				53.0				17,965				56.5				21,991				52.2				29,532				49.2
Total Loans			18,965				100.0	%			23,712				100.0	%			31,818				100.0	%			42,138				100.0	%			60,014				100.0	%
Less:
Loans in process			—								—								—								—								3
Allowance for loan losses			125								166								325								398								—
Fair value discounts			360								480								726								1,141								2,091
Total loans receivable, net		$	18,480							$	23,066							$	30,767							$	40,599							$	57,920

		December 31,
		2017								2016								2015								2014								2013
		Amount				%				Amount				%				Amount				%				Amount				%				Amount				%
		(Dollars In Thousands)
Fixed-Rate Loans:
Real Estate Loans
One- to four- family		$	13,381				50.0	%		$	17,063				50.8	%		$	21,200				48.3	%		$	25,490				42.7	%		$	33,335				42.4	%
Other residential			321				1.2				507				1.5				710				1.6				1,063				1.8				1,468				1.9
Commercial			5,945				22.2				6,985				20.8				10,118				23.1				16,786				28.1				22,171				28.2
Construction			242				0.9				292				0.8				402				0.9				368				0.6				637				0.7
Total real estate loans			19,889				74.3				24,847				73.9				32,430				73.9				43,707				73.2				57,611				73.2
Consumer			250				0.8				276				0.9				342				0.8				394				0.7				798				1.0
Other commercial			525				2.0				694				2.1				877				2.0				953				1.6				1,781				2.3
Total fixed-rate loans			20,664				77.1				25,817				76.9				33,649				76.7				45,054				75.5				60,190				76.5
Adjustable-Rate Loans:
Real Estate Loans
One- to four- family			4,805				17.9				5,475				16.3				6,613				15.1				7,039				11.8				8,194				10.4
Other residential			—				—				—				—				925				2.1				3,909				6.5				4,020				5.1
Commercial			1,219				4.6				2,189				6.5				2,600				5.9				3,430				5.7				5,255				6.7
Construction			42				0.2				—				—				—				—				—				—				636				0.8
Total real estate loans			6,066				22.7				7,664				22.8				10,138				23.1				14,378				24.0				18,105				23.0
Consumer			—				—				28				0.1				39				0.1				37				—				60				0.1
Other commercial			57				0.2				73				0.2				29				0.1				323				0.5				343				0.4
Total adjustable-rate loans			6,123				22.9				7,765				23.1				10,206				23.3				14,738				24.5				18,508				23.5
Total Loans			26,787				100.0	%			33,582				100.0	%			43,855				100.0	%			59,792				100.0	%			78,698				100.0	%
Less:
Loans in process			—								3								—								175								174
Allowance for loan losses			96								137								161								918								—
Fair value discounts			1,439								2,080								3,506								7,451								13,681
Total loans receivable, net		$	25,252							$	31,362							$	40,188							$	51,248							$	64,843

		December 31,
		2017								2016								2015								2014								2013
		Amount				%				Amount				%				Amount				%				Amount				%				Amount				%
		(Dollars In Thousands)
Fixed-Rate Loans:
Real Estate Loans
One- to four- family		$	26,407				23.5	%		$	37,752				25.2	%		$	52,387				27.1	%		$	65,863				26.9	%		$	77,181				27.1	%
Other residential			1,421				1.3				1,588				1.1				2,806				1.4				2,187				0.9				3,059				1.1
Commercial			1,581				1.4				1,848				1.2				1,060				0.5				1,118				0.5				997				0.3
Construction			527				0.5				449				0.3				495				0.3				630				0.2				489				0.2
Total real estate loans			29,936				26.7				41,637				27.8				56,748				29.3				69,798				28.5				81,726				28.7
Consumer			125				0.1				168				0.1				158				0.1				596				0.2				846				0.3
Other commercial			—				—				—				—				—				—				—				—				—				—
Total fixed-rate loans			30,061				26.8				41,805				27.9				56,906				29.4				70,394				28.7				82,572				29.0
Adjustable-Rate Loans:
Real Estate Loans
One- to four- family			56,983				50.7				70,658				47.2				82,530				42.6				91,907				37.5				102,393				35.9
Other residential			900				0.8				2,540				1.7				5,623				2.9				20,437				8.4				26,458				9.3
Commercial			1,514				1.3				5,356				3.6				13,145				6.8				20,703				8.4				26,533				9.3
Construction			80				0.1				89				0.1				103				0.1				115				0.1				123				0.1
Total real estate loans			59,477				52.9				78,643				52.6				101,401				52.4				133,162				54.4				155,507				54.6
Consumer			22,805				20.3				29,151				19.5				35,287				18.2				41,359				16.9				46,833				16.4
Other commercial			56				—				58				—				62				—				64				—				65				—
Total adjustable-rate loans			82,338				73.2				107,852				72.1				136,750				70.6				174,585				71.3				202,405				71.0
Total Loans			112,399				100.0	%			149,657				100.0	%			193,656				100.0	%			244,979				100.0	%			284,977				100.0	%
Less:
Loans in process			—								—								2								2								2
Allowance for loan losses			43								71								74								1								—
Fair value discounts			14,078								15,301								23,346								43,147								71,436
Total loans receivable, net		$	98,278							$	134,285							$	170,234							$	201,829							$	213,539

		December 31,
		2017								2016								2015								2014
		Amount				%				Amount				%				Amount				%				Amount				%
		(Dollars in Thousands)
Fixed-Rate Loans:
Real Estate Loans:
One- to four- family		$	11,097				18.5	%		$	13,604				16.1	%		$	19,651				17.9	%		$	28,304				19.3	%
Other residential			10,017				16.7				22,046				26.2				20,507				18.7				18,503				12.6
Commercial			13,550				22.6				14,281				16.9				14,698				13.4				27,055				18.5
Construction			3,419				5.7				1,140				1.4				4,308				3.9				11,093				7.8
Total real estate loans			38,083				63.5				51,071				60.6				59,164				53.9				84,955				58.2
Consumer loans			735				1.2				950				1.1				1,440				1.3				2,024				1.4
Other commercial loans			3,066				5.1				3,960				4.7				5,772				5.3				10,652				7.3
Total fixed-rate loans			41,884				69.8				55,981				66.4				66,376				60.5				97,631				66.9
Adjustable-Rate Loans:
Real Estate Loans:
One- to four- family			8,388				14.0				9,931				11.8				10,995				10.0				11,360				7.8
Other residential			845				1.4				1,804				2.1				5,379				4.9				4,197				2.9
Commercial			5,965				9.9				11,977				14.2				16,445				15.0				17,115				11.7
Construction			597				1.0				774				1.0				1,614				1.4				2,577				1.6
Total real estate loans			15,795				26.3				24,486				29.1				34,433				31.3				35,249				24.0
Consumer loans			474				0.8				764				0.9				1,154				1.1				1,688				1.1
Other commercial loans			1,847				3.1				3,055				3.6				7,841				7.1				11,726				8.0
Total adjustable-rate loans			18,116				30.2				28,305				33.6				43,428				39.5				48,663				33.1
Total loans			60,000				100.0	%			84,286				100.0	%			109,804				100.0	%			146,294				100.0	%
Less:
Loans in process			3								3								13								449
Allowance for loan losses			111								143								738								403
Fair value discounts			5,555								8,052								16,355								23,863
Total loans receivable, net		$	54,331							$	76,088							$	92,698							$	121,579

	Less Than One Year					One to Five Years				After Five Years				Total
	(In Thousands)
Real Estate Loans:
Residential
One- to four- family		$	32,440			$	75,033			$	210,713			$	318,186
Other residential			198,396				522,627				24,622				745,645
Commercial			267,680				815,035				174,271				1,256.986
Residential construction:
One- to four- family			15,776				7,297				193				23,266
Other residential			2,793				203,545				2,545				208,883
Commercial construction			719,160				195,105				4,764				919,029
Total real estate loans			1,236,245				1,818,642				417,108				3,471,995
Other Loans:
Consumer loans:
Automobile and other			29,384				319,313				71,813				420,510
Home equity and improvement			9,491				28,771				77,177				115,439
Total consumer loans			38,875				348,084				148,990				535,949
Other commercial loans			166,661				107,245				79,647				353,553
Total other loans			205,536				455,329				228,637				889,502
Total loans		$	1,441,781			$	2,273,971			$	645,745			$	4,361,497

	Less Than One Year					One to Five Years				After Five Years				Total
	(In Thousands)
Real Estate Loans:
Residential
One- to four- family		$	48			$	978			$	4,302			$	5,328
Other residential			—				878				—				878
Commercial			651				2,138				2,822				5,611
Construction			—				68				516				584
Total real estate loans			699				4,062				7,640				12,401
Other Loans:
Consumer loans:
Home equity and improvement			495				215				185				895
Automobile and other			—				13				—				13
Total consumer loans			495				228				185				908
Other commercial loans			292				33				36				361
Total other loans			787				261				221				1,269
Total loans		$	1,486			$	4,323			$	7,861			$	13,670

	Less Than One Year					One to Five Years				After Five Years				Total
	(In Thousands)
Real Estate Loans:
Residential
One- to four- family		$	254			$	1,071			$	4,718			$	6,043
Other residential			—				492				627				1,119
Commercial			1,223				1,969				2,641				5,833
Construction			—				12				6				18
Total real estate loans			1,477				3,544				7,992				13,013
Other Loans:
Consumer loans:
Home equity and improvement			8				260				2,991				3,259
Automobile and other			39				450				2,100				2,589
Total consumer loans			47				710				5,091				5,848
Other commercial loans			—				41				63				104
Total other loans			47				751				5,154				5,952
Total loans		$	1,524			$	4,295			$	13,146			$	18,965

	Less Than One Year					One to Five Years				After Five Years				Total
	(In Thousands)
Real Estate Loans:
Residential
One- to four- family		$	1,704			$	6,874			$	9,608			$	18,186
Other residential			321				—				—				321
Commercial			1,448				5,237				479				7,164
Construction			27				173				84				284
Total real estate loans			3,500				12,284				10,171				25,955
Other Loans:
Consumer loans:
Home equity and improvement			5				231				—				236
Automobile and other			9				5				—				14
Total consumer loans			14				236				—				250
Other commercial loans			312				270				—				582
Total other loans			326				506				—				832
Total loans		$	3,826			$	12,790			$	10,171			$	26,787

	Less Than One Year					One to Five Years				After Five Years				Total
	(In Thousands)
Real Estate Loans:
Residential
One- to four- family		$	1,325			$	21,732			$	60,333			$	83,390
Other residential			697				1,605				19				2,321
Commercial			765				2,330				—				3,095
Construction			270				257				80				607
Total real estate loans			3,057				25,924				60,432				89,413
Other Loans:
Consumer loans:
Home equity and improvement			1				17,573				5,355				22,929
Automobile and other			—				1				—				1
Total consumer loans			1				17,574				5,355				22,930
Other commercial loans			—				56				—				56
Total other loans			1				17,630				5,355				22,986
Total loans		$	3,058			$	43,554			$	65,787			$	112,399

	Less Than One Year					One to Five Years				After Five Years				Total
	(In Thousands)
Real Estate Loans:
Residential
One- to four- family		$	7,748			$	2,031			$	9,706			$	19,485
Other residential			795				7,095				2,972				10,862
Commercial			8,853				10,528				134				19,515
Construction			—				4,013				3				4,016
Total real estate loans			17,396				23,667				12,815				53,878
Other Loans:
Consumer loans:
Home equity and improvement			—				24				435				459
Automobile and other			116				221				413				750
Total consumer loans			116				245				848				1,209
Other commercial loans			2,428				2,473				12				4,913
Total other loans			2,544				2,718				860				6,122
Total loans		$	19,940			$	26,385			$	13,675			$	60,000

Collateral Type		Loan Balance				Percentage of Total Loan Portfolio				Non-Performing Loans at December 31, 2017
		(Dollars In Thousands)
Retail (Varied Projects)		$	483,065				13.6	%		$	146
Health Care Facilities		$	247,770				7.0	%		$	0
Office Industry		$	239,713				6.7	%		$	1,139
Warehouses		$	145,831				4.1	%		$	0
Motels/Hotels		$	123,047				3.5	%		$	202

		December 31, 2017
Asset Category		Special Mention				Substandard				Doubtful				Loss				Total Classified				Allowance for Losses
						(In Thousands)
Investment securities		$	—			$	—			$	—			$	—			$	—			$	—
Loans			—				18,633				500				—				19,133				3,951
Foreclosed assets and repossessions			—				16,575				—				—				16,575				—
Total		$	—			$	35,208			$	500			$	—			$	35,708			$	3,951

		December 31, 2016
Asset Category		Special Mention				Substandard				Doubtful				Loss				Total Classified				Allowance for Losses
						(In Thousands)
Investment securities		$	—			$	—			$	—			$	—			$	—			$	—
Loans			—				21,043				—				—				21,043				6,362
Foreclosed assets and repossessions			—				25,249				—				—				25,249				—
Total		$	—			$	46,292			$	—			$	—			$	46,292			$	6,362

(1)	One relationship was $1.9 million, the entire total of this category, at December 31, 2017.
(2)	The largest two relationships in this category were $1.7 million and $1.7 million, respectively, at December 31, 2016.
(3)	The largest two relationships in this category were $6.5 million and $3.7 million, respectively, at December 31, 2015.
(4)	The largest two relationships in this category were $2.0 million and $1.9 million, respectively, at December 31, 2014.
(5)	One relationship was $4.1 million of this total at December 31, 2013.
(6)	One relationship was $1.5 million of this total at December 31, 2017.
(7)	One relationship was $3.0 million of this total at December 31, 2016.
(8)	One relationship was $2.7 million of this total at December 31, 2013.

		December 31, 2017
		Restructured				Accruing				Restructured Troubled
		Troubled Debt				Interest				Debt Nonaccruing
		(In Thousands)
Commercial real estate		$	7,085			$	7,085			$	—
One- to four-family residential			3,265				2,602				663
Other residential			2,907				1,030				1,877
Construction			266				266				—
Commercial			867				867				—
Consumer			617				410				207
		$	15,007			$	12,260			$	2,747

		December 31, 2016
		Restructured				Accruing				Restructured Troubled
		Troubled Debt				Interest				Debt Nonaccruing
		(In Thousands)
Commercial real estate		$	7,117			$	5,113			$	2,004
One- to four-family residential			3,726				3,286				440
Other residential			3,650				3,650				—
Construction			5,014				5,014				—
Commercial			1,311				1,291				20
Consumer			296				198				98
		$	21,114			$	18,552			$	2,562

		December 31,
		2017								2016								2015								2014								2013
		Amount				% of Loans to Total Loans (2)				Amount				% of Loans to Total Loans (2)				Amount				% of Loans to Total Loans (2)				Amount				% of Loans to Total Loans (2)				Amount				% of Loans to Total Loans (2)
		(Dollars In Thousands)
One- to four-family residential and construction		$	2,077				8.0	%		$	2,198				9.2	%		$	4,195				9.4	%		$	3,361				10.2	%		$	6,235				13.5	%
Other residential and construction			2,813				17.1				5,396				16.1				3,122				12.2				2,923				13.3				2,678				14.2
Commercial real estate			18,442				28.4				15,716				28.9				14,444				30.3				18,422				32.1				16,935				35.9
Commercial construction			1,690				25.6				2,244				20.3				2,961				19.2				3,412				15.1				4,464				10.6
Other commercial			3,509				8.6				2,976				9.1				3,977				11.5				3,628				13.4				6,449				13.8
Consumer and overdrafts			7,501				12.3				8,245				16.4				7,947				17.4				4,553				15.9				3,349				12.0
Loans covered by loss sharing agreements (1)			—				—				70				—				344				—				941				—				6				—
Acquired loans not covered by loss sharing agreements			460				—				555				—				1,159				—				1,195				—				—				—
Total		$	36,492				100.0	%		$	37,400				100.0	%		$	38,149				100.0	%		$	38,435				100.0	%		$	40,116				100.0	%

(1)	Associated with these allowances at December 31, 2017, 2016, 2015, 2014 and 2013, were receivables from the FDIC totaling $-0-, $56,000, $275,000, $753,000 and $5,000, respectively, under the loss sharing agreements which were in place at the time.
(2)	Excludes loans acquired through FDIC-assisted transactions.

		December 31,
		2017				2016				2015				2014				2013
		(Dollars In Thousands)
Balance at beginning of period		$	37,400			$	38,149			$	38,435			$	40,116			$	40,649
Charge-offs:
One- to four-family residential			165				229				80				2,251				2,196
Other residential			488				16				2				1				3,248
Commercial real estate			1,656				5,653				2,584				2,160				9,836
Construction			420				31				329				126				788
Other commercial			1,489				589				1,202				3,286				4,072
Consumer, overdrafts and other loans			11,859				8,751				5,315				4,005				3,312
Total charge-offs			16,077				15,269				9,512				11,829				23,452
Recoveries:
One- to four-family residential			109				58				97				496				113
Other residential			197				52				58				37				43
Commercial real estate			123				1,221				302				3,139				2,412
Construction			546				123				405				181				172
Other commercial			580				327				276				105				1,023
Consumer, overdrafts and other loans			4,514				3,458				2,569				2,039				1,770
Total recoveries			6,069				5,239				3,707				5,997				5,533
Net charge-offs			10,008				10,030				5,805				5,832				17,919
Provision for losses on loans			9,100				9,281				5,519				4,151				17,386
Balance at end of period		$	36,492			$	37,400			$	38,149			$	38,435			$	40,116
Ratio of net charge-offs to average loans outstanding			0.26	%			0.29	%			0.20	%			0.24	%			0.91	%

		December 31, 2017
		Amortized				Gross Unrealized				Gross Unrealized				Fair
		Cost				Gains				Losses				Value
		(In Thousands)
AVAILABLE-FOR-SALE SECURITIES:
Mortgage-backed securities		$	123,300			$	871			$	1,638			$	122,533
States and political subdivisions			53,930				2,716				—				56,646
		$	177,230			$	3,587			$	1,638			$	179,179
HELD-TO-MATURITY SECURITIES
States and political subdivisions		$	130			$	1			$	—			$	131

		December 31, 2016
		Amortized				Gross Unrealized				Gross Unrealized				Fair
		Cost				Gains				Losses				Value
		(In Thousands)
AVAILABLE-FOR-SALE SECURITIES:
Mortgage-backed securities		$	146,491			$	1,045			$	1,501			$	146,035
States and political subdivisions			64,682				3,163				8				67,837
		$	211,173			$	4,208			$	1,509			$	213,872
HELD-TO-MATURITY SECURITIES
States and political subdivisions		$	247			$	11			$	—			$	258

		December 31, 2015
		Amortized				Gross Unrealized				Gross Unrealized				Fair
		Cost				Gains				Losses				Value
		(In Thousands)
AVAILABLE-FOR-SALE SECURITIES:
U.S. government agencies		$	20,000			$	—			$	219			$	19,781
Mortgage-backed securities			159,777				2,038				601				161,214
States and political subdivisions			72,951				5,081				1				78,031
Other securities			847				2,983				—				3,830
		$	253,575			$	10,102			$	821			$	262,856
HELD-TO-MATURITY SECURITIES
States and political subdivisions		$	353			$	31			$	—			$	384

		Cost				Tax-Equivalent Amortized Yield				Fair Value
		(Dollars In Thousands)
After one through five years		$	813				5.59	%		$	893
After five through ten years			6,404				4.23	%			6,641
After ten years			46,713				4.78	%			49,112
Securities not due on a single maturity date			123,300				2.19	%			122,533
Total		$	177,230				2.96	%		$	179,179

		One Year or Less				After One Through Five Years				After Five Through Ten Years				After Ten Years				Securities Not Due on a Single Maturity Date				Total
Mortgage-backed securities		$	—			$	—			$	—			$	—			$	122,533			$	122,533
States and political subdivisions			—				893				6,641				49,112				—				56,646
Total		$	—			$	893			$	6,641			$	49,112			$	122,533			$	179,179

	Cost					Tax-Equivalent Amortized Yield				Approximate Fair Value
	(Dollars In Thousands)
After one through five years		$	130				6.14	%		$	131

		2017
		Less than 12 Months								12 Months or More								Total
		Fair				Unrealized				Fair				Unrealized				Fair				Unrealized
Description of Securities		Value				Losses				Value				Losses				Value				Losses
		(In Thousands)
Mortgage-backed securities		$	33,862			$	(384	)		$	55,845			$	(1,254	)		$	89,707			$	(1,638	)
States and political
subdivisions			—				—				—				—				—				—
		$	33,862			$	(384	)		$	55,845			$	(1,254	)		$	89,707			$	(1,638	)

		2016
		Less than 12 Months								12 Months or More								Total
		Fair				Unrealized				Fair				Unrealized				Fair				Unrealized
Description of Securities		Value				Losses				Value				Losses				Value				Losses
		(In Thousands)
Mortgage-backed securities		$	102,296			$	(1,501	)		$	—			$	—			$	102,296			$	(1,501	)
States and political
subdivisions			2,164				(8	)			—				—				2,164				(8	)
		$	104,460			$	(1,509	)		$	—			$	—			$	104,460			$	(1,509	)

		2015
		Less than 12 Months								12 Months or More								Total
		Fair				Unrealized				Fair				Unrealized				Fair				Unrealized
Description of Securities		Value				Losses				Value				Losses				Value				Losses
		(In Thousands)
U.S. government agencies		$	19,781			$	(219	)		$	—			$	—			$	19,781			$	(219	)
Mortgage-backed securities			45,146				(348	)			9,382				(253	)			54,528				(601	)
States and political
subdivisions			—				—				909				(1	)			909				(1	)
		$	64,927			$	(567	)		$	10,291			$	(254	)		$	75,218			$	(821	)