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 | ||||||