EX-11 5 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, |
|  | 2014 |  |  | 2013 |  |  | 2012 |
Basic Average shares outstanding |  |  | 3,308,180 |  |  |  | 3,291,440 |  |  |  | 2,796,279 |
Net income |  | $ | 10,081,101 |  |  | $ | 10,067,215 |  |  | $ | 10,098,263 |
Less: effective dividend on preferred shares |  |  | - |  |  |  | - |  |  |  | 94,365 |
Less: effective dividend on preferred shares |  |  | 200,000 |  |  |  | 345,115 |  |  |  | 424,184 |
Net income available to common stockholders |  | $ | 9,881,101 |  |  | $ | 9,722,100 |  |  | $ | 9,579,714 |
Basic earnings per share available to common stockholders |  | $ | 2.99 |  |  | $ | 2.95 |  |  | $ | 3.43 |
Diluted Average shares outstanding |  |  | 3,308,180 |  |  |  | 3,291,440 |  |  |  | 2,796,279 |
Net effect of dilutive securities – based on the treasury stock method using the period end market price, if greater than average market price |  |  | 92,027 |  |  |  | 84,113 |  |  |  | 92,634 |
Total |  |  | 3,400,207 |  |  |  | 3,375,553 |  |  |  | 2,888,913 |
Net income |  | $ | 10,081,101 |  |  | $ | 10,067,215 |  |  | $ | 10,098,263 |
Less: effective dividend on preferred shares |  |  | - |  |  |  | - |  |  |  | 94,365 |
Less: effective dividend on preferred shares |  |  | 200,000 |  |  |  | 345,115 |  |  |  | 424,184 |
Net income available to common stockholders |  | $ | 9,881,101 |  |  | $ | 9,722,100 |  |  | $ | 9,579,714 |
Diluted earnings per share available to common stockholders |  | $ | 2.91 |  |  | $ | 2.88 |  |  | $ | 3.32 |