EX-11 2 ex-11.htm

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,
2004
 2003
 2002
Basic
   Average shares outstanding		  
2,277,757
  
2,334,892
  
2,385,224
   Net income $2,882,901
 $2,738,218
 $2,308,903
   Basic earnings per share $         1.27
 $         1.17
 $         0.97
   
Diluted
   Average shares outstanding 		 
2,277,757		  
2,334,892		  
2,385,224
   
Net effect of dilutive stock options - based on the
   treasury stock method using the period end market
   price, if greater than average market price 		 
 
57,543
  
 
63,468
  
 
44,794
   
       Total 2,335,300
 2,398,360
 2,430,018
   Net income $2,882,901
 $2,738,218
 $2,308,903
   Diluted earnings per share $         1.23
 $         1.14
 $         0.95