EX-11 4 ex-11.htm
EXHIBIT 11
Statement Regarding Computation of Per Share Earnings
SOUTHERN MISSOURI BANCORP, INC. AND SUBSIDIARY
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS

|  | Year Ended June 30, |
|  | 2012 |  |  | 2011 |  |  | 2010 |
Basic Average shares outstanding |  |  | 2,796,279 |  |  |  | 2,088,833 |  |  |  | 2,083,458 |
Net income |  | $ | 10,098,263 |  |  | $ | 11,470,031 |  |  | $ | 4,625,588 |
Less: effective dividend on preferred shares |  |  | 94,365 |  |  |  | - |  |  |  | - |
Less: effective dividend on preferred shares |  |  | 424,184 |  |  |  | 511,814 |  |  |  | 510,006 |
Net income available to common stockholders |  | $ | 9,579,714 |  |  | $ | 10,958,217 |  |  | $ | 4,115,582 |
Basic earnings per share available to common stockholders |  | $ | 3.43 |  |  | $ | 5.25 |  |  | $ | 1.98 |
Diluted Average shares outstanding |  |  | 2,796,279 |  |  |  | 2,088,833 |  |  |  | 2,083,458 |
Net effect of dilutive stock options - based on the treasury stock method using the period end market price, if greater than average market price |  |  | 92,634 |  |  |  | 52,258 |  |  |  | 21,834 |
Total |  |  | 2,888,913 |  |  |  | 2,141,091 |  |  |  | 2,105,292 |
Net income |  | $ | 10,098,263 |  |  | $ | 11,470,031 |  |  | $ | 4,625,588 |
Less: effective dividend on preferred shares |  |  | 94,365 |  |  |  | - |  |  |  | - |
Less: effective dividend on preferred shares |  |  | 424,184 |  |  |  | 511,814 |  |  |  | 510,006 |
Net income available to common stockholders |  | $ | 9,579,714 |  |  | $ | 10,958,217 |  |  | $ | 4,115,582 |
Diluted earnings per share available to common stockholders |  | $ | 3.32 |  |  | $ | 5.12 |  |  | $ | 1.95 |