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, | ||||||||||||
2009 | 2008 | 2007 | ||||||||||
Basic Average shares outstanding | 2,123,144 | 2,199,928 | 2,225,658 | |||||||||
Net income | $ | 3,835,077 | $ | 3,613,480 | $ | 2,928,413 | ||||||
Less: effective dividend on preferred shares | 288,841 | - | - | |||||||||
Net income available to common stockholders | $ | 3,546,236 | $ | 3,613,480 | $ | 2,928,413 | ||||||
Basic earnings per share available to common stockholders | $ | 1.67 | $ | 1.64 | $ | 1.32 | ||||||
Diluted Average shares outstanding | 2,123,144 | 2,199,928 | 2,225,658 | |||||||||
Net effect of dilutive stock options - based on the treasury stock method using the period end market price, if greater than average market price | 1,225 | 12,204 | 38,578 | |||||||||
Total | 2,124,369 | 2,212,132 | 2,264,326 | |||||||||
Net income | $ | 3,835,077 | $ | 3,613,480 | $ | 2,928,413 | ||||||
Less: effective dividend on preferred shares | 288,841 | - | - | |||||||||
Net income available to common stockholders | $ | 3,546,236 | $ | 3,613,480 | $ | 2,928,413 | ||||||
Diluted earnings per share available to common stockholders | $ | 1.67 | $ | 1.63 | $ | 1.29 | ||||||