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)

October 26, 2006

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 8.01	Other Events
	Southern Missouri Bancorp, Inc. ("Southern Missouri") issued a press release on October 26, 2006, a copy of which is attached hereto as Exhibit 99 and is incorporated herein by reference, announcing the intention of the Southern Missouri Bancorp, Inc. Employee Stock Ownership Plan ("the ESOP") to purchase $200,000 of Southern Missouri's common stock. ESOP trustees were given discretion to determine the number and pricing of the shares to be purchased, as well as the timing of any such purchases.
ITEM 9.01	Financial Statements and Exhibits
	(d)	Exhibits
		Exhibit 99 - Press Release, issued October 26, 2006

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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: October 27, 2006	By:	/s/ Greg A. Steffens Greg A. Steffens President

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EX-99

FOR IMMEDIATE RELEASE	Contact: Greg Steffens, President
October 26, 2006	(573) 778-1800

Poplar Bluff, Missouri - Southern Missouri Bancorp, Inc. ("Southern Missouri") (NASDAQ:SMBC) parent company of Southern Missouri Bank & Trust Co., today announced that the Southern Missouri Bancorp, Inc. Employee Stock Ownership Plan ("the ESOP") intends to purchase approximately $200,000 of Southern Missouri's common stock. This purchase is being made to utilize existing cash in the plan that accumulated through the payment of cash dividends.

ESOP trustees were given discretion to determine the number and pricing of the shares to be purchased, as well as the timing of any such purchase. The ESOP intends to purchase the shares at prevailing market prices in the open market or in privately negotiated transactions, subject to availability and general market conditions.