| Business Summary | | Southern
Missouri
Bancorp,
Inc.
is
the
holding
company
for
Southern
Missouri
Savings
Bank.
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
to
invest
primarily
in
one-
to
four-family
residential
mortgage
loans.
To
a
lesser
extent,
the
Bank
also
finances
mortgage
loans
secured
by
commercial
real
estate,
and
originates
commercial
business
loans
and
consumer
loans.
These
funds
are
also
used
to
purchase
mortgage-backed
and
related
securities,
obligations
of
state
and
political
subdivisions,
United
States
Government
Agency
obligations
and
other
permissible
investments.
At
June
30,
2000,
the
Company
had
total
assets
of
$184.4
million,
total
deposits
of
$123.9
million
and
stockholders'
equity
of
$21.5
million. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SMBC
is
the
bank
holding
co.
for
Southern
Missouri
Bank
and
Trust
and
the
Bank's
wholly
owned
subsidiary
S.M.S.
Financial
Services,
Inc.
For
the
nine
months
ended
3/31/01,
total
int.
income
rose
32%
to
$11.9
million.
Net
int.
income
after
loan
loss
prov.
rose
13%
to
$4.5
million.
Net
income
rose
6%
to
$1.2
million.
Net
int.
income
reflects
higher
earning
assets,
partially
offset
by
a
higher
loss
provision.
Net
income
reflects
increased
occupancy
and
equipment
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Thadis Seifert, 81 Chairman
and Pres | $23K | Greg Steffens, 33 CFO,
Director | 118K | Samuel Smith, 62 Sec.,
Treasurer | -- | Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|