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, | ||||||||||||
2014 | 2013 | 2012 | ||||||||||
Basic Average shares outstanding | 3,308,180 | 3,291,440 | 2,796,279 | |||||||||
Net income | $ | 10,081,101 | $ | 10,067,215 | $ | 10,098,263 | ||||||
Less: effective dividend on preferred shares | - | - | 94,365 | |||||||||
Less: effective dividend on preferred shares | 200,000 | 345,115 | 424,184 | |||||||||
Net income available to common stockholders | $ | 9,881,101 | $ | 9,722,100 | $ | 9,579,714 | ||||||
Basic earnings per share available to common stockholders | $ | 2.99 | $ | 2.95 | $ | 3.43 | ||||||
Diluted Average shares outstanding | 3,308,180 | 3,291,440 | 2,796,279 | |||||||||
Net effect of dilutive securities – based on the treasury stock method using the period end market price, if greater than average market price | 92,027 | 84,113 | 92,634 | |||||||||
Total | 3,400,207 | 3,375,553 | 2,888,913 | |||||||||
Net income | $ | 10,081,101 | $ | 10,067,215 | $ | 10,098,263 | ||||||
Less: effective dividend on preferred shares | - | - | 94,365 | |||||||||
Less: effective dividend on preferred shares | 200,000 | 345,115 | 424,184 | |||||||||
Net income available to common stockholders | $ | 9,881,101 | $ | 9,722,100 | $ | 9,579,714 | ||||||
Diluted earnings per share available to common stockholders | $ | 2.91 | $ | 2.88 | $ | 3.32 | ||||||