EX-11 4 ex-11.htm STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
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, |
|  | 2016 |  |  | 2015 |  |  | 2014 |
(dollars in thousands except per share data) |  |  |  |  |  |  |  |  |
Basic Average shares outstanding |  |  | 7,430,170 |  |  |  | 7,337,437 |  |  |  | 6,616,360 |
Net income |  | $ | 14,848 |  |  | $ | 13,668 |  |  | $ | 10,081 |
Less: effective dividend on preferred shares |  |  | - |  |  |  | - |  |  |  | - |
Less: effective dividend on preferred shares |  |  | 85 |  |  |  | 200 |  |  |  | 200 |
Net income available to common stockholders |  | $ | 14,763 |  |  | $ | 13,468 |  |  | $ | 9,881 |
Basic earnings per share available to common stockholders |  | $ | 1.99 |  |  | $ | 1.84 |  |  | $ | 1.49 |
Diluted Average shares outstanding |  |  | 7,430,170 |  |  |  | 7,337,437 |  |  |  | 6,616,360 |
Net effect of dilutive securities – based on the treasury stock method using the period end market price, if greater than average market price |  |  | 28,589 |  |  |  | 169,795 |  |  |  | 184,054 |
Total |  |  | 7,458,759 |  |  |  | 7,507,232 |  |  |  | 6,800,414 |
Net income |  | $ | 14,848 |  |  | $ | 13,668 |  |  | $ | 10,081 |
Less: effective dividend on preferred shares |  |  | - |  |  |  | - |  |  |  | - |
Less: effective dividend on preferred shares |  |  | 85 |  |  |  | 200 |  |  |  | 200 |
Net income available to common stockholders |  | $ | 14,763 |  |  | $ | 13,468 |  |  | $ | 9,881 |
Diluted earnings per share available to common stockholders |  | $ | 1.98 |  |  | $ | 1.79 |  |  | $ | 1.45 |