Southern Missouri Bancorp, Inc. ("Company"), a Missouri corporation, was organized in 1994 and is the parent Company of Southern Bank (“the Bank”). The Company's Common Stock is quoted on the NASDAQ Global Market under the symbol "SMBC".

    Southern Bank was originally chartered as a mutual Missouri savings and loan association in 1887. In 2004, the Bank converted from a Missouri chartered stock savings bank to a Missouri state-chartered trust company with banking powers.

     The primary regulator of the Bank is the Missouri Division of Finance. The Bank is a member of the Federal Reserve, and the Federal Reserve Board ("FRB") is the Bank’s primary federal regulator. The Bank's deposits are insured up to applicable limits by the Deposit Insurance Fund ("DIF") of the Federal Deposit Insurance Corporation ("FDIC"). The Company is a bank holding company regulated by the FRB.

    The principal business of the Bank consists primarily of attracting retail deposits from the general public and using such deposits along with wholesale funding from the Federal Home Loan Bank of Des Moines ("FHLB"), and to a lesser extent, brokered deposits, to invest in one- to four-family residential mortgage loans, mortgage loans secured by commercial real estate, commercial non-mortgage business loans, and consumer loans. These funds are also used to purchase mortgage-backed and related securities ("MBS"), U.S. Government Agency obligations, municipal bonds, and other permissible investments.
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