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,
	2017		2016		2015
(dollars in thousands except per share data)
Basic    Average shares outstanding		7,483,350		7,430,170		7,337,437
Net income	$	15,552	$	14,848	$	13,668
Less: effective dividend on preferred shares		-		85		200
Net income available to common stockholders	$	15,552	$	14,763	$	13,468
Basic earnings per share available to common       stockholders	$	2.08	$	1.99	$	1.84
Diluted    Average shares outstanding		7,483,350		7,430,170		7,337,437
Net effect of dilutive securities – based on the       treasury stock method using the period end market       price, if greater than average market price		27,530		28,589		169,795
Total		7,510,880		7,458,759		7,507,232
Net income	$	15,552	$	14,848	$	13,668
Less: effective dividend on preferred shares		-		85		200
Net income available to common stockholders	$	15,552	$	14,763	$	13,468
Diluted earnings per share available to common       stockholders	$	2.07	$	1.98	$	1.79