XML 43 R27.htm IDEA: XBRL DOCUMENT
v3.25.2

Condensed Parent Company Only Financial Statements | 12 Months Ended
--- | ---
Jun. 30, 2025
Condensed Parent Company Only Financial Statements |
Condensed Parent Company Only Financial Statements | ​ ​ NOTE 19: Condensed Parent Company Only Financial Statements The following condensed balance sheets, statements of income and comprehensive income and cash flows for Southern Missouri Bancorp, Inc. should be read in conjunction with the consolidated financial statements and the notes thereto: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30,
(dollars in thousands) | ​ | 2025 |  | 2024
Condensed Balance Sheets | ​ | ​
Assets | ​ | ​ |  |  | ​ |
Cash and cash equivalents | ​ | $ | 18,449 | ​ | $ | 13,967
Other assets | ​ | ​ | 51,483 | ​ | ​ | 52,220
Investment in common stock of Bank | ​ | ​ | 498,347 | ​ | ​ | 446,131
TOTAL ASSETS | ​ | $ | 568,279 | ​ | $ | 512,318
​ | ​ | ​ | ​ | ​ | ​ | ​
Liabilities and Stockholders' Equity | ​ | ​ |  | ​ | ​ |
Accrued expenses and other liabilities | ​ | $ | 379 | ​ | $ | 414
Subordinated debt | ​ | ​ | 23,208 | ​ | ​ | 23,156
TOTAL LIABILITIES | ​ | ​ | 23,587 | ​ | ​ | 23,570
Stockholders' equity | ​ | ​ | 544,692 | ​ | ​ | 488,748
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | ​ | $ | 568,279 | ​ | $ | 512,318
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year ended June 30,
(dollars in thousands) | ​ | 2025 | ​ | 2024 |  | 2023
Condensed Statements of Income | ​ | ​
Interest income | ​ | $ | 37 | ​ | $ | 41 | ​ | $ | 32
Interest expense | ​ |  | 1,628 | ​ | ​ | 1,742 | ​ | ​ | 1,439
Net interest expense | ​ |  | (1,591) | ​ | ​ | (1,701) | ​ | ​ | (1,407)
Dividends from Bank | ​ | ​ | 17,000 | ​ | ​ | 16,000 | ​ | ​ | 48,000
Operating expenses | ​ | ​ | 1,248 | ​ | ​ | 1,018 | ​ | ​ | 3,041
Income before income taxes and equity in undistributed income of the Bank | ​ | ​ | 14,161 | ​ | ​ | 13,281 | ​ | ​ | 43,552
Income tax (expense) benefit | ​ | ​ | (54) | ​ | ​ | 571 | ​ | ​ | 552
Income before equity in undistributed income of the Bank | ​ | ​ | 14,107 | ​ | ​ | 13,852 | ​ | ​ | 44,104
Equity in undistributed income of the Bank | ​ | ​ | 44,471 | ​ | ​ | 36,330 | ​ | ​ | (4,867)
NET INCOME | ​ | $ | 58,578 | ​ | $ | 50,182 | ​ | $ | 39,237
COMPREHENSIVE INCOME | ​ | $ | 64,655 | ​ | $ | 54,652 | ​ | $ | 34,799
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year ended June 30,
(dollars in thousands) |  | 2025 |  | 2024 |  | 2023
Condensed Statements of Cash Flow | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash Flows from operating activities: | ​ | ​
Net income | ​ | $ | 58,578 | ​ | $ | 50,182 | ​ | $ | 39,237
Changes in: | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​
Equity in undistributed income of the Bank | ​ |  | (44,471) | ​ | ​ | (36,330) | ​ | ​ | 4,867
Other adjustments, net | ​ | ​ | 753 | ​ | ​ | 56 | ​ | ​ | 388
NET CASH PROVIDED BY OPERATING ACTIVITES | ​ | ​ | 14,860 | ​ | ​ | 13,908 | ​ | ​ | 44,492
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Investments in Bank subsidiaries | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (31,382)
NET CASH USED IN INVESTING ACTIVITIES | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (31,382)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash flows from financing activities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Dividends on common stock | ​ | ​ | (10,378) | ​ | ​ | (9,526) | ​ | ​ | (8,632)
Payments to acquire treasury stock | ​ | ​ | — | ​ | ​ | (3,857) | ​ | ​ | —
NET CASH USED IN FINANCING ACTIVITIES | ​ | ​ | (10,378) | ​ | ​ | (13,383) | ​ | ​ | (8,632)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net increase in cash and cash equivalents | ​ | ​ | 4,482 | ​ | ​ | 525 | ​ | ​ | 4,478
Cash and cash equivalents at beginning of year | ​ | ​ | 13,967 | ​ | ​ | 13,442 | ​ | ​ | 8,964
CASH AND CASH EQUIVALENTS AT END OF YEAR | ​ | $ | 18,449 | ​ | $ | 13,967 | ​ | $ | 13,442
​

X
- References No definition available. + Details
Name: | srt_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract
Namespace Prefix: | srt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 235 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477314/942-235-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480738/235-10-S50-4 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 Reference 4: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481231/810-10-45-11 + Details
Name: | us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration