EX-11 5 ex-11.htm STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS

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,
  
   
2019
    
2018
    
2017
  
(dollars in thousands except per share data)
                  
Basic
   Average shares outstanding 
    
9,193,235
      
8,734,334
      
7,483,350
  
                         
   Net income 
  
$
28,904
    
$
20,929
    
$
15,552
  
   Less: effective dividend on preferred shares
    
-
      
-
      
-
  
   Net income available to common stockholders
  
$
28,904
    
$
20,929
    
$
15,552
  
   Basic earnings per share available to common
      stockholders 
  
$
3.14
    
$
2.40
    
$
2.08
  
                         
Diluted
   Average shares outstanding 
    
9,193,235
      
8,734,334
      
7,483,350
  
   Net effect of dilutive securities – based on the
      treasury stock method using the period end market
      price, if greater than average market price
    
10,674
      
11,188
      
27,530
  
       Total 
    
9,203,909
      
8,745,522
      
7,510,880
  
                         
   Net income 
  
$
28,904
    
$
20,929
    
$
15,552
  
   Less: effective dividend on preferred shares
    
-
      
-
      
-
  
   Net income available to common stockholders
  
$
28,904
    
$
20,929
    
$
15,552
  
   Diluted earnings per share available to common
      stockholders 
  
$
3.14
    
$
2.39
    
$
2.07