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SOUTHERN MISSOURI BANCORP, INC -- CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Sep. 30, 2014
Sep. 30, 2013
INTEREST INCOME:    
Loans $ 12,225 $ 8,665
Investment securities 544 382
Mortgage-backed securities 415 88
Other interest-earning assets 34 30
Total interest income 13,218 9,165
INTEREST EXPENSE:    
Deposits 1,601 1,449
Securities sold under agreements to repurchase 28 31
Advances from FHLB of Des Moines 339 256
Subordinated debt 121 56
Total interest expense 2,089 1,792
NET INTEREST INCOME 11,129 7,373
PROVISION FOR LOAN LOSSES 827 500
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 10,302 6,873
NONINTEREST INCOME:    
Deposit account charges and related fees 812 575
Bank card interchange income 503 319
Loan late charges 97 54
Other loan fees 134 76
Net realized gains on sale of loans 178 85
Earnings on bank owned life insurance 143 129
Other noninterest income 113 42
Total noninterest income 1,980 1,280
NONINTEREST EXPENSE:    
Compensation and benefits 4,145 2,632
Occupancy and equipment, net 1,357 784
Deposit insurance premiums 162 98
Legal and professional fees 263 226
Advertising 131 101
Postage and office supplies 128 103
Intangible amortization 292 104
Bank card network expense 276 142
Other operating expense 848 377
Total noninterest expense 7,602 4,567
INCOME BEFORE INCOME TAXES 4,680 3,586
INCOME TAXES 1,381 1,023
NET INCOME 3,299 2,563
Less: dividend on preferred shares 50 50
Net income available to common shareholders $ 3,249 $ 2,513
Basic earnings per common share $ 0.91 $ 0.76
Diluted earnings per common share $ 0.89 $ 0.74
Dividends per common share $ 0.17 $ 0.16