EX-11 4 ex11.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, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
(dollars in thousands except per share data) |  |  |  |  |  |  |  |  |
Basic Average shares outstanding |  |  | 8,734,334 |  |  |  | 7,483,350 |  |  |  | 7,430,170 |
Net income |  | $ | 20,929 |  |  | $ | 15,552 |  |  | $ | 14,848 |
Less: effective dividend on preferred shares |  |  | - |  |  |  | - |  |  |  | 85 |
Net income available to common stockholders |  | $ | 20,929 |  |  | $ | 15,552 |  |  | $ | 14,763 |
Basic earnings per share available to common stockholders |  | $ | 2.40 |  |  | $ | 2.08 |  |  | $ | 1.99 |
Diluted Average shares outstanding |  |  | 8,734,334 |  |  |  | 7,483,350 |  |  |  | 7,430,170 |
Net effect of dilutive securities – based on the treasury stock method using the period end market price, if greater than average market price |  |  | 11,188 |  |  |  | 27,530 |  |  |  | 28,589 |
Total |  |  | 8,745,522 |  |  |  | 7,510,880 |  |  |  | 7,458,759 |
Net income |  | $ | 20,929 |  |  | $ | 15,552 |  |  | $ | 14,848 |
Less: effective dividend on preferred shares |  |  | - |  |  |  | - |  |  |  | 85 |
Net income available to common stockholders |  | $ | 20,929 |  |  | $ | 15,552 |  |  | $ | 14,763 |
Diluted earnings per share available to common stockholders |  | $ | 2.39 |  |  | $ | 2.07 |  |  | $ | 1.98 |