Here are the 10-K annual reports from Southern Missouri Bancorp (SMBC) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow SMBC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SMBC filings page.
Southern Missouri Bancorp, Inc. (SMBC) is a Missouri-based bank holding company for Southern Bank with total assets of $5.2 billion, deposits of $4.4 billion, and stockholders’ equity of $590.7 million at June 30, 2026. Operations are concentrated in community banking across Missouri, Arkansas, Illinois, and Kansas.
Lending is heavily real-estate focused: net loans were $4.34 billion, with mortgage loans (residential, commercial, multifamily, construction, agriculture real estate) comprising 82.0% of the portfolio and commercial and agriculture-related credits most of the remainder. Fixed-rate loans represented about two-thirds of loans, with the balance adjustable-rate.
Asset quality remains relatively strong but has weakened: nonperforming assets increased to $33.5 million, or 0.64% of total assets, driven by several commercial and agricultural relationships and higher other real estate owned. The allowance for credit losses was $54.9 million (1.25% of total loans and about 199% of nonaccrual loans). Deposits are diversified by product, time deposits total $1.74 billion, and outstanding FHLB advances were $130.4 million. Commitments to extend credit were $948.5 million, and the bank also maintains a sizable portfolio of mortgage-backed and other securities for liquidity and interest-rate risk management.
Southern Missouri Bancorp (SMBC) describes its fiscal 2025 condition, risks, and key balances. The company completed seven acquisitions since June 2017 and expects net interest income to rise after acquisitions while also anticipating higher general and administrative expenses. The investment portfolio at June 30, 2025 included municipal bonds ($24.3M), corporate obligations ($30.6M), asset-backed securities ($42.5M) and other securities ($4.0M), with a weighted average life of 50 months. Available-for-sale securities with unrealized losses were noted, but management does not intend to sell and has not recorded an allowance. Core deposit intangibles total $39.1M (with $21.1M accumulated amortization). The company reports loan concentrations, ACL methodology (DCF with PD/LGD), and that no goodwill impairment was indicated as of June 30, 2025.