8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM 8-K 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)​ ​October 19, 2021​ ​​ ​​ ​

SOUTHERN MISSOURI BANCORP, INC.

(Exact name of registrant as specified in its charter)

Missouri	000-23406	43-1665523
(State or other	(Commission File No.)	(IRS Employer
jurisdiction of incorporation)		Identification Number)

2991 Oak Grove Road, Poplar Bluff, Missouri	63901
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code:    (573) 778-1800                   

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, par value $0.01 per share	SMBC	The NASDAQ Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

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Item 8.01.  Other Events.

On October 19, 2021, the Board of Directors of Southern Missouri Bancorp, Inc. (the “Company”) declared its 110th consecutive quarterly dividend on common stock since the inception of the Company. The dividend of $0.20 per common share will be payable on November 30, 2021, to stockholders of record at the close of business on November 15, 2021.

In other matters, the Company expects to release its preliminary operating results for the quarter ended September 30, 2021, on October 25, 2021, and expects to host a conference call to discuss the release on October 26, 2021, at 9:30 a.m., central time. The call will be available live to interested parties by calling 1-844-200-6205 in the United States (all other locations: 1-929-526-1599). Participants should use participant access code 857442. Telephone playback will be available beginning one hour following the conclusion of the call through November 8, 2021. The playback may be accessed in the United States by dialing 1-866-813-7403 (Canada: 1-226-828-7578, UK local: 0204-525-0658, and all other locations: +44-204-525-0658), and using the conference passcode 735311.

Finally, Southern Bank recently announced that it has entered into an agreement with First National Bank, Oldham, South Dakota to acquire their branch located in Cairo, Illinois. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference herein.

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Item 9.01. Financial Statements and Exhibits

(d)Exhibits

99.1Press Release dated October 20, 2021

104Cover Page Interactive Date File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	SOUTHERN MISSOURI BANCORP, INC.
Date:  October 21, 2021	By:	/s/ Greg A. Steffens
		Greg A. Steffens
		President and Chief Executive Officer

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EX-99.1

Exhibit 99.1

Southern Bank to Acquire First National Bank Branch in Cairo, IL

Southern Bank, headquartered in Poplar Bluff, Missouri, has announced that it has entered into a definitive agreement to acquire the Cairo, Illinois, branch of First National Bank, Oldham, South Dakota. The deal, which will eventually result in Southern Bank relocating their facility from its current location at 2800 Sycamore St. to the First National Bank location at 800 Washington Ave. in Cairo, is expected to be completed by the end of the year. Southern Bank views the acquisition and anticipated updates to the new facility as an expression of a further commitment to the Cairo community.

“We’re pleased,” says CEO Greg Steffens concerning the acquisition. “We’ve been serving Cairo for a number of years now and we are proud to be investing further in the community.”

Josh Joiner, Southern Bank’s Market Manager for Cairo added, “We think this is a great opportunity to move our operations to an improved facility and expand our service to the Cairo community.”

Southern Bank is well established in Missouri, Arkansas, and Illinois with 49 branches between the three states. In a world that is becoming more focused on online transactions, Southern Bank sees the value in both digital and in-person services. Voted the best small bank in Missouri by Newsweek in 2021, Southern Bank’s focus remains on the communities it serves. “We offer the security of an established bank with the local focus that grows community. We think that when people see the deposit account and loan options we offer, combined with the great service our team provides, they’ll be excited to be a part of the family,” says Steffens.

Until the transaction is completed and the First National Bank branch is integrated into Southern Bank’s systems, customers should continue to use their current bank branch as usual.

While the transition won’t happen until later this year, anyone interested in what Southern Bank has to offer can visit their website at www.bankwithsouthern.com. Communications with customers concerning the transition will be mailed in the coming weeks. Southern Bank expressed confidence in the transition. “We’ve been through the process before,” Steffens said. “We understand the concerns customers may have and we will communicate every step of the way.”

The acquisition will be subject to approval by regulatory bodies at the federal and state level.

XML

Cover	Oct. 19, 2021
Cover [Abstract]
Document Type	8-K
Document Period End Date	Oct. 19, 2021
Entity Central Index Key	0000916907
Entity File Number	000-23406
Registrant Name	SOUTHERN MISSOURI BANCORP, INC.
Entity Incorporation, State or Country Code	MO
Tax Identification Number (TIN)	43-1665523
Entity Address, Address Line One	2991 Oak Grove Road
Entity Address, City or Town	Poplar Bluff
Entity Address, State or Province	MO
Entity Address, Postal Zip Code	63901
City Area Code	573
Local Phone Number	778-1800
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	SMBC
Security Exchange Name	NASDAQ
Emerging Growth Company	false
Amendment Flag	false