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