EX-11 3 ex11.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,
2001
2000
1999
(Dollars in thousands)

Basic
  Average shares outstanding		 1,229,652
 1,277,562
 1,334,299
  Net income $1,548,602
 $1,320,169
 $1,644,764
  Basic earnings per share

$         1.26

$         1.03

$         1.23

Diluted
  Average shares outstanding		 1,229,652 1,277,562 1,334,299
Net effect of dilutive stock options - based on the
treasury stock method using the period end market
price, if greater than average market price		 10,507
 13,496
 31,793
    Total 1,240,159
 1,291,058
 1,366,092
  Net income $1,548,602
 $1,320,169
 $1,644,764
  Diluted earnings per share $         1.25
 $         1.02
 $         1.20