8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934


Date of Report (Date of earliest event reported)

July 27, 2005

SOUTHERN MISSOURI BANCORP, INC. (Exact name of Registrant as specified in its Charter)
Missouri(State or other jurisdiction of incorporation)	000-23406(Commission File No.)	43-1665523(IRS Employer Identification Number)
531 Vine Street, Poplar Bluff, Missouri (Address of principal executive offices)		63901(Zip Code)
Registrant's telephone number, including area code:        (573) 778-1800
N/A (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
	Pre-commencement communications pursuant to Rule 1 4d-2(b) under the Exchange Act (17 CFR 240.1 4d-2(b))
	Pre-commencement communications pursuant to Rule 1 3e-4(c) under the Exchange Act (17 CFR 240.1 3e-4(c))

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ITEM 2.02	Results of Operations and Financial Condition
	On July 27, 2005, the Registrant issued a press release announcing its net loss for the fourth quarter of fiscal 2005. A copy of the press release, including unaudited condensed financial information released as a part thereof, is attached as Exhibit 99 to this Current Report on Form 8-K and incorporated by reference herein.
ITEM 9.01	Financial Statements and Exhibits
	(c)	Exhibits
		Exhibit 99 - Press Release, dated July 27, 2005

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SIGNATURES

            Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.

	SOUTHERN MISSOURI BANCORP, INC.
Date: July 28, 2005	By: /s/ Greg A. SteffensGreg A. Steffens President

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EXHIBIT INDEX

Exhibit No.	Description
99	Press Release dated July 27, 2005

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EX-99

FOR IMMEDIATE RELEASE
JULY 27, 2005 CONTACT GREG STEFFENS,
PRESIDENT (573) 785-1421

SOUTHERN MISSOURI BANCORP REPORTS ON FOURTH QUARTER
AND YEAR END RESULTS

BOARD DECLARES QUARTERLY DIVIDEND OF $.09 PER SHARE

         Poplar Bluff, Missouri - Southern Missouri Bancorp, Inc., ("Company") (NASDAQ: SMBC), the parent corporation of Southern Missouri Bank and Trust Co. ("Bank"), today announced a net loss for the fourth quarter of fiscal 2005 of $587,000, or ($.26) per diluted share, a decrease from the $.32 per diluted share earned during the same period of the prior year. For fiscal 2005, net income decreased to $104,000 or $.05 per diluted share from the $2.9 million or $1.23 earned in fiscal 2004.

         Summary of previously reported credit relationship:

         In previous press releases, the Company announced alleged fraudulent activities related to a credit relationship of approximately $4.9 million. Through various Company inspections, evaluations and discussions with attorneys, the Bank increased its provision for loan losses to approximately $4.5 million for potential losses relating to this relationship (after tax effect of approximately $2.7 million) during fiscal 2005. The Company wrote the value of this credit relationship down by $4.6 million and sold collateral totaling approximately $150,000; consequently, the outstanding credit relationship balance at June 30, 2005 approximated $300,000. The remaining collateral will be sold at auction as soon as necessary arrangements can be made. To the extent litigation related to this lending relationship is settled or resolved in favor of the Company, a recovery of a portion of the write down could be recovered. The Company cannot predict, however, whether or to what extent such a recovery may occur. In addition to the provision for loan loss, this credit relationship resulted in a variety of other expenditures, which included a $210,000 loss on a deposit account, a write off of accrued interest of $41,000, legal fees of $150,000, and repossession expense of $52,000. Excluding the aforementioned loss and expenses, net income for the three and twelve month periods ended June 30, 2005 would have approximated $665,000, or $.29 per diluted shares and $3.2 million, or $1.40 per diluted shares, respectively.

         Dividend Declared:

         The Board of Directors, on July 26, 2005, declared the 45th consecutive quarterly dividend since the inception of the Company. The $.09 dividend will be paid on August 31, 2005 to shareholders of record at the close of business on August 15, 2005.