Southern Missouri Bancorp (SMBC) 10-K 2013 FY Annual report

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,
	2013		2012		2011
Basic    Average shares outstanding		3,291,440		2,796,279		2,088,833
Net income	$	10,067,215	$	10,098,263	$	11,470,031
Less: effective dividend on preferred shares		-		94,365		-
Less: effective dividend on preferred shares		345,115		424,184		511,814
Net income available to common stockholders	$	9,722,100	$	9,579,714	$	10,958,217
Basic earnings per share available to common       stockholders	$	2.95	$	3.43	$	5.25
Diluted    Average shares outstanding		3,291,440		2,796,279		2,088,833
Net effect of dilutive securities – based on the       treasury stock method using the period end market       price, if greater than average market price		84,113		92,634		52,258
Total		3,375,553		2,888,913		2,141,091
Net income	$	10,067,215	$	10,098,263	$	11,470,031
Less: effective dividend on preferred shares		-		94,365		-
Less: effective dividend on preferred shares		345,115		424,184		511,814
Net income available to common stockholders	$	9,722,100	$	9,579,714	$	10,958,217
Diluted earnings per share available to common       stockholders	$	2.88	$	3.32	$	5.12