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, | ||||||||||||
2015 | 2014 | 2013 | ||||||||||
(dollars in thousands except per share data) | ||||||||||||
Basic Average shares outstanding | 7,337,437 | 6,616,360 | 6,582,880 | |||||||||
Net income | $ | 13,668 | $ | 10,081 | $ | 10,067 | ||||||
Less: effective dividend on preferred shares | - | - | - | |||||||||
Less: effective dividend on preferred shares | 200 | 200 | 345 | |||||||||
Net income available to common stockholders | $ | 13,468 | $ | 9,881 | $ | 9,722 | ||||||
Basic earnings per share available to common stockholders | $ | 1.84 | $ | 1.49 | $ | 1.48 | ||||||
Diluted Average shares outstanding | 7,337,437 | 6,616,360 | 6,582,880 | |||||||||
Net effect of dilutive securities – based on the treasury stock method using the period end market price, if greater than average market price | 169,795 | 184,054 | 168,226 | |||||||||
Total | 7,507,232 | 6,800,414 | 6,751,106 | |||||||||
Net income | $ | 13,668 | $ | 10,081 | $ | 10,067 | ||||||
Less: effective dividend on preferred shares | - | - | - | |||||||||
Less: effective dividend on preferred shares | 200 | 200 | 345 | |||||||||
Net income available to common stockholders | $ | 13,468 | $ | 9,881 | $ | 9,722 | ||||||
Diluted earnings per share available to common stockholders | $ | 1.79 | $ | 1.45 | $ | 1.44 | ||||||