Note 13: Subsequent Events	3 Months Ended
Sep. 30, 2013
Notes
Note 13: Subsequent Events	Note 13: Subsequent Events On October 4, 2013, the Company acquired 100% of the outstanding stock of Ozarks Legacy Community Financial, Inc. (Ozarks), headquartered in Thayer, Missouri, and its banking subsidiary, Bank of Thayer, was merged into the Company’s existing banking subsidiary, Southern Bank. The Company acquired Ozarks for cash consideration of $6.3 million, and assumed outstanding debt of $4.1 million. At acquisition, Ozarks held consolidated assets of $80.0 million, including loans, net, of $38.7 million, and held total deposits of $68.2 million. The initial accounting for the business combination was incomplete as of the date these financial statements were issued, due to work required to identify the fair value of the target’s assets and liabilities. The Company will determine the amount of goodwill generated when the fair values of the purchased assets and liabilities are determined. The Company expects fair value adjustments to loans, fixed assets, foreclosed real estate held for sale, deposits, long term FHLB advances, and subordinated debt. A core deposit intangible is also expected to be recognized from the acquisition. The Company will recognize all acquisition-related costs as an expense. The Company’s acquisition-related costs were $125,000 through September 30, 2013, and are reflected in legal and professional fees. On November 7, 2013, the Company announced that it has entered into a definitive stock purchase agreement whereby it will acquire Citizens State Bankshares of Bald Knob, Inc. (Citizens), headquartered in Bald Knob, Arkansas, in an all-cash transaction valued at approximately $5.9 million, subject to certain adjustments for transaction expenses and Citizens’ equity at closing. Citizens’ wholly-owned bank subsidiary, Citizens State Bank, will be merged with and into Southern Bank immediately upon closing, which the Company anticipates to occur in the first half of calendar year 2014. At September 30, 2013, Citizens held assets of $69.8 million, loans, net, of $11.5 million, and deposits of $58.7 million.

Note 13: Subsequent Events

3 Months Ended

Sep. 30, 2013

On October 4, 2013, the Company acquired 100% of the outstanding stock of Ozarks Legacy Community Financial, Inc. (Ozarks), headquartered in Thayer, Missouri, and its banking subsidiary, Bank of Thayer, was merged into the Company’s existing banking subsidiary, Southern Bank. The Company acquired Ozarks for cash consideration of $6.3 million, and assumed outstanding debt of $4.1 million. At acquisition, Ozarks held consolidated assets of $80.0 million, including loans, net, of $38.7 million, and held total deposits of $68.2 million. The initial accounting for the business combination was incomplete as of the date these financial statements were issued, due to work required to identify the fair value of the target’s assets and liabilities. The Company will determine the amount of goodwill generated when the fair values of the purchased assets and liabilities are determined. The Company expects fair value adjustments to loans, fixed assets, foreclosed real estate held for sale, deposits, long term FHLB advances, and subordinated debt. A core deposit intangible is also expected to be recognized from the acquisition. The Company will recognize all acquisition-related costs as an expense. The Company’s acquisition-related costs were $125,000 through September 30, 2013, and are reflected in legal and professional fees.

On November 7, 2013, the Company announced that it has entered into a definitive stock purchase agreement whereby it will acquire Citizens State Bankshares of Bald Knob, Inc. (Citizens), headquartered in Bald Knob, Arkansas, in an all-cash transaction valued at approximately $5.9 million, subject to certain adjustments for transaction expenses and Citizens’ equity at closing. Citizens’ wholly-owned bank subsidiary, Citizens State Bank, will be merged with and into Southern Bank immediately upon closing, which the Company anticipates to occur in the first half of calendar year 2014. At September 30, 2013, Citizens held assets of $69.8 million, loans, net, of $11.5 million, and deposits of $58.7 million.