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,
	2016		2015		2014
(dollars in thousands except per share data)
Basic    Average shares outstanding		7,430,170		7,337,437		6,616,360
Net income	$	14,848	$	13,668	$	10,081
Less: effective dividend on preferred shares		-		-		-
Less: effective dividend on preferred shares		85		200		200
Net income available to common stockholders	$	14,763	$	13,468	$	9,881
Basic earnings per share available to common       stockholders	$	1.99	$	1.84	$	1.49
Diluted    Average shares outstanding		7,430,170		7,337,437		6,616,360
Net effect of dilutive securities – based on the       treasury stock method using the period end market       price, if greater than average market price		28,589		169,795		184,054
Total		7,458,759		7,507,232		6,800,414
Net income	$	14,848	$	13,668	$	10,081
Less: effective dividend on preferred shares		-		-		-
Less: effective dividend on preferred shares		85		200		200
Net income available to common stockholders	$	14,763	$	13,468	$	9,881
Diluted earnings per share available to common       stockholders	$	1.98	$	1.79	$	1.45