Southern missouri bancorp, inc. (SMBC)
Income statement / Yearly
Jun'19Jun'18Jun'17Jun'16Jun'15Jun'14Jun'13Jun'12Jun'11Jun'10
INTEREST INCOME:
Loans

92,328

73,122

57,988

52,850

51,515

37,552

34,355

36,349

32,265

24,554

Investment securities

2,323

2,166

1,975

1,965

1,996

1,951

1,528

1,482

1,286

1,155

Mortgage-backed securities

2,704

1,817

1,496

1,467

1,674

943

341

924

1,376

1,715

Other interest-earning assets

127

69

29

35

116

25

67

209

118

115

Total interest income

97,482

77,174

61,488

56,317

55,301

40,471

36,291

38,965

35,047

27,541

INTEREST EXPENSE:
Deposits

21,208

12,825

8,472

7,407

6,859

5,963

6,073

8,243

9,213

8,076

Securities sold under agreements to repurchase

-

-

-

-

117

132

202

234

290

-

Securities sold under agreements to repurchase

36

37

95

119

-

-

-

-

-

232

Advances from FHLB of Des Moines

2,377

1,041

1,138

1,271

1,278

1,085

999

1,232

1,554

2,688

Note Payable

-

-

-

0

-

-

-

-

-

-

Note Payable

158

121

13

-

-

-

-

-

-

-

Subordinated debt

921

767

648

-

-

-

-

-

-

-

Subordinated debt

-

-

-

-

512

305

-227

232

226

-

Subordinated debt

-

-

-

568

-

-

-

-

-

227

Total interest expense

24,700

14,791

10,366

9,365

8,766

7,485

7,501

9,943

11,284

11,224

NET INTEREST INCOME

72,782

62,383

51,122

46,952

46,535

32,986

28,790

29,022

23,762

16,316

PROVISION FOR LOAN LOSSES

2,032

3,047

2,340

2,494

3,185

1,646

1,716

1,784

2,384

924

Interest Income (Expense), after Provision for Loan Loss

-

-

-

44,458

-

-

-

-

-

-

Net Interest Income After Provision for Loan Losses

70,750

59,336

48,782

-

-

-

-

-

-

-

NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES

-

-

-

-

43,350

31,340

27,074

-

-

-

NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES

-

-

-

-

-

-

-

27,237

21,378

-

NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES

-

-

-

-

43,350

-

-

-

-

-

NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES

-

-

-

-

-

-

-

-

-

15,391

NONINTEREST INCOME:
Deposit Account Charges and Related Fees

5,005

4,584

3,824

3,588

-

-

-

-

-

-

Fees and Commissions, Depositor Accounts

-

-

-

-

3,456

2,616

1,873

1,524

1,570

1,384

Bank card interchange income

4,658

3,775

2,864

2,580

2,294

1,432

1,185

-

-

-

Loan Late Charges

463

432

432

351

-

-

-

-

-

-

Loan Servicing Fees

376

801

397

-

-

-

-

-

-

-

Bank credit transaction fees

-

-

-

-

-

-

-

1,109

889

-

Bank card transaction fees

-

-

-

-

-

-

-

-

-

641

Fees and Commissions, Other

-

-

-

-

401

241

240

221

231

214

Loan servicing fees

-

-

-

176

143

41

-

-

-

-

Other Loan Fees

1,360

1,467

1,146

806

-

-

-

-

-

-

Banking Fees and Commissions

-

-

-

-

720

443

290

200

196

193

Net realized gains on sale of loans

771

804

840

641

656

503

303

315

173

220

Net Realized Gains on Sale of Available for Sale Securities

244

334

0

-

-

-

-

-

-

-

Net realized gains on sale of AFS securities

-

-

-

5

6

116

-

-

-

-

Bargain purchase gain on acquisitions

-

-

-

-

-

-

-

-

6,996

-

Earnings on bank owned life insurance

1,329

947

1,135

928

569

540

510

343

277

273

Other income

-

-

-

683

414

200

67

-

167

-

Other income

964

727

446

-

-

-

-

348

-

166

Total noninterest income

15,170

13,871

11,084

9,758

8,659

6,132

4,468

4,063

10,502

3,094

NONINTEREST EXPENSE:
Compensation and benefits

26,379

23,302

19,406

17,769

17,828

12,265

10,136

9,237

7,987

6,291

Occupancy and equipment, net

10,625

9,763

8,418

7,132

5,879

3,846

2,817

2,531

2,242

1,869

Deposit insurance premiums

661

517

681

657

686

462

378

375

563

554

Legal and professional fees

965

1,178

1,233

576

897

1,524

477

442

530

306

Advertising

1,161

1,197

1,102

932

904

520

313

340

262

252

Postage and office supplies

772

729

561

623

577

568

470

441

362

417

Intangible amortization

1,672

1,457

911

1,025

1,253

674

417

417

354

289

Bank Card Network Expense

2,120

1,580

1,150

971

1,019

-

-

-

-

-

Bank card network fees

-

-

-

-

-

1,114

-567

567

442

360

Other operating expense

5,614

4,752

4,790

3,001

3,242

2,673

1,946

2,251

1,713

2,007

Total noninterest expense

49,969

44,475

38,252

32,686

32,285

23,646

17,521

16,605

14,458

12,348

INCOME BEFORE INCOME TAXES

35,951

28,732

21,614

21,530

19,724

13,826

14,021

14,695

17,421

6,136

Deferred

75

-530

1,163

476

-

-

-

-

-

-

Dividends paid

-

-

-

-

-

-

-

0

0

0

INCOME TAXES

7,047

7,803

6,062

6,206

-

-

-

-

-

-

INCOME TAXES

-

-

-

6,682

6,056

3,745

3,954

4,597

5,951

-

Income Taxes Current

-

-

-

-

-

-

-

-

-

2,052

Income Taxes Deferred

-

-

-

-

-

-

-

-

-

-541

INCOME TAXES

-

-

-

-

-

-

-

-

-

1,511

NET INCOME

28,904

20,929

15,552

14,848

13,668

10,081

10,067

10,098

11,470

4,625

Less: charge for early redemption of preferred stock issued at a discount

-

-

-

-

-

-

-

94

-

-

Less: dividend on preferred shares

-

-

-

-

200

200

-345

424

511

-

Less: dividend on preferred shares

-

-

-

85

-

-

-

-

-

-

Less: dividend on preferred shares

-

-

-

-

-

-

-

-

-

510

NET INCOME AVAILABLE TO COMMON STOCKHOLDERS

-

-

-

14,763

13,468

9,881

9,722

9,579

10,958

4,115

Basic earnings per common share

3.14

2.40

2.08

1.99

1.84

1.49

1.48

3.43

5.25

1.98

Diluted earnings per common share

3.14

2.39

2.07

1.98

1.79

1.45

1.44

3.32

5.12

1.95

Dividends per common share

0.52

0.44

0.40

0.36

0.34

0.32

0.30

-

-

-