Statement Regarding Computation of Per Share Earnings
SOUTHERN MISSOURI BANCORP, INC., AND SUBSIDIARY
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
Year Ended June 30, | ||||||||||||
2018 | 2017 | 2016 | ||||||||||
(dollars in thousands except per share data) | ||||||||||||
Basic Average shares outstanding | 8,734,334 | 7,483,350 | 7,430,170 | |||||||||
Net income | $ | 20,929 | $ | 15,552 | $ | 14,848 | ||||||
Less: effective dividend on preferred shares | - | - | 85 | |||||||||
Net income available to common stockholders | $ | 20,929 | $ | 15,552 | $ | 14,763 | ||||||
Basic earnings per share available to common stockholders | $ | 2.40 | $ | 2.08 | $ | 1.99 | ||||||
Diluted Average shares outstanding | 8,734,334 | 7,483,350 | 7,430,170 | |||||||||
Net effect of dilutive securities – based on the treasury stock method using the period end market price, if greater than average market price | 11,188 | 27,530 | 28,589 | |||||||||
Total | 8,745,522 | 7,510,880 | 7,458,759 | |||||||||
Net income | $ | 20,929 | $ | 15,552 | $ | 14,848 | ||||||
Less: effective dividend on preferred shares | - | - | 85 | |||||||||
Net income available to common stockholders | $ | 20,929 | $ | 15,552 | $ | 14,763 | ||||||
Diluted earnings per share available to common stockholders | $ | 2.39 | $ | 2.07 | $ | 1.98 | ||||||