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