Southern Missouri Bancorp Inc 2024年度报告

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule405 of the Securities Act. Yes◻No⌧ Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or Section15(d)of the Act.Yes◻No⌧ Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the SecuritiesExchange Act of 1934 during the preceding 12months (or for such shorter period that the registrant was required to file suchreports), and (2)has been subject to such filing requirements for the past 90days.Yes⌧No◻ Indicate by check mark whether the registrant has submitted electronically and posted on its corporate web site, if any, everyinteractive data file required to be submitted and posted pursuant to Rule405 of Regulation S-T (§ 232.405 of this chapter) duringthe preceding 12months (or for such shorter period that the registration was required to submit such files).Yes⌧No◻ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act◻ Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of theeffectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b))by the registered public accounting firm that prepared or issued its audit report.☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements.☒ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to § 240.10D-1(b).◻ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes☐No⌧ The aggregate market value of the voting and non voting common equity held by non-affiliates of the registrant, computed byreference to the average of the high and low traded price of such stock as of the last business day of the registrant’s most recentlycompleted second fiscal quarter, was $557.3million. (The exclusion from such amount of the market value of the shares owned byany person shall not be deemed an admission by the registrant that such person is an affiliate of the registrant.) As of September8, 2025, there were issued and outstanding11,290,667shares of the Registrant’s common stock. SOUTHERN MISSOURI BANCORP, INC.FORM 10-KTABLE OF CONTENTS PART I Item1.Description of Business3Item1A.Risk Factors39Item1B.Unresolved Staff Comments52Item 1C.Cybersecurity, Risk Management, Strategy and Governance52Item2.Description of Properties54Item3.Legal Proceedings55Item4.Mine Safety Disclosures55Item 4A.Information About Our Executive Officers55 PART II 58 Item5.Market for the Registrant’s Common Equity, Related Stockholder Matters andIssuer Purchases of Equity Securities58Item6.[Reserved]59Item7.Management’s Discussion and Analysis of Financial Condition and Results ofOperations60Item7AQuantitative and Qualitative Disclosures About Market Risk75Item8.Financial Statements and Supplementary Information77Item9.Changes in and Disagreements With Accountants on Accounting and FinancialDisclosure136Item9A.Controls and Procedures136Item9B.Other Information140Item 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections140 PART III 141 Item10.Directors, Executive Officers, and Corporate Governance141Item11.Executive Compensation141Item12.Security Ownership of Certain Beneficial Owners and Management andRelated Stockholder Matters142Item13.Certain Relationships, Related Transactions, and Director Independence142Item14.Principal Accountant Fees and Services142 PART IV 143 Item15.Exhibits and Financial Statement Schedules143Item16.Form10-K Summary144Signatures145 PARTI Item1.Description of Business The disclosures set forth in this Item 1. are qualified by Item 1A. Risk Factors and thesection captioned “Forward Looking Statements” in this section and other cautionary statements setforth elsewhere in this report. General Southern Missouri Bancorp, Inc. ("Company") is a bank holding company and the parentcompany of Southern Bank (“Bank”). The Company changed its state of incorporation to Missouri onAp