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, | ||||||||||||
2008 | 2007 | 2006 | ||||||||||
Basic Average shares outstanding | 2,199,928 | 2,225,658 | 2,224,409 | |||||||||
Net income | $ | 3,613,480 | $ | 2,928,413 | $ | 2,784,166 | ||||||
Basic earnings per share | $ | 1.64 | $ | 1.32 | $ | 1.25 | ||||||
Diluted Average shares outstanding | 2,199,928 | 2,225,658 | 2,224,409 | |||||||||
Net effect of dilutive stock options - based on the treasury stock method using the period end market price, if greater than average market price | 12,204 | 38,578 | 27,852 | |||||||||
Total | 2,212,132 | 2,264,326 | 2,252,261 | |||||||||
Net income | $ | 3,613,480 | $ | 2,928,413 | $ | 2,784,166 | ||||||
Diluted earnings per share | $ | 1.63 | $ | 1.29 | $ | 1.24 |