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, | ||||||||||||
2010 | 2009 | 2008 | ||||||||||
Basic Average shares outstanding | 2,083,458 | 2,123,144 | 2,199,928 | |||||||||
Net income | $ | 4,625,588 | $ | 3,835,077 | $ | 3,613,480 | ||||||
Less: effective dividend on preferred shares | 510,006 | 288,841 | - | |||||||||
Net income available to common stockholders | $ | 4,115,582 | $ | 3,546,236 | $ | 3,613,480 | ||||||
Basic earnings per share available to common stockholders | $ | 1.98 | $ | 1.67 | $ | 1.64 | ||||||
Diluted Average shares outstanding | 2,083,458 | 2,123,144 | 2,199,928 | |||||||||
Net effect of dilutive stock options - based on the treasury stock method using the period end market price, if greater than average market price | 21,834 | 1,225 | 12,204 | |||||||||
Total | 2,105,292 | 2,124,369 | 2,212,132 | |||||||||
Net income | $ | 4,625,588 | $ | 3,835,077 | $ | 3,613,480 | ||||||
Less: effective dividend on preferred shares | 510,006 | 288,841 | - | |||||||||
Net income available to common stockholders | $ | 4,115,582 | $ | 3,546,236 | $ | 3,613,480 | ||||||
Diluted earnings per share available to common stockholders | $ | 1.95 | $ | 1.67 | $ | 1.63 | ||||||