Southern Missouri Bancorp, Inc.: Form 10-Q for the period ended Dec 31, 2023
Filed with the SEC on Feb 9, 2024 and accepted by EDGAR at Feb 9, 2024, 15:05 ET.
Management's discussion and analysis
As filed, 1,172 characters, with its headings, lists and tables. Extracted from the main document; charts and exhibits are in the original on sec.gov.
On May 20, 2021, the Company announced its intention to repurchase up to 445,000 shares of its common stock, or approximately 5.0% of its 8.9 million then-outstanding common shares. The shares will be purchased at prevailing market prices in the open market or in privately negotiated transactions, subject to availability and general market conditions. Repurchased shares will be held as treasury shares to be used for general corporate purposes.
The following table summarizes the Company’s stock repurchase activity for each month during the three months ended December 31, 2023.
| | Total # of Shares Purchased | | Average Price Paid Per Share | Total # of Shares Purchased as Part of a Publicly Announced Program | Maximum Number of Shares That May Yet Be Purchased (1) |
|---|---|---|---|---|---|
| 10/01/23 - 10/31/23 period | — | | $— | — | 306,375 |
| 11/01/23 - 11/30/23 period | — | | — | — | 306,375 |
| 12/01/23 - 12/31/23 period | — | | — | — | 306,375 |
(1) Represents the remaining shares available for purchase as of the last calendar day of the month shown.
Risk factors
As filed, 162 characters, with its headings, lists and tables. Extracted from the main document; charts and exhibits are in the original on sec.gov.
There have been no material changes to the risk factors set forth in Part I, Item 1A of the Company’s Annual Report on Form 10-K for the year ended June 30, 2023.
Figures reported in this filing
Standardized line items from the XBRL in this filing, for the period ended 2023-12-31. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Interest expense | 3 months2023-10-01 to 2023-12-31 | $27.1m | us-gaap:InterestExpense |
| Interest expense | 6 months2023-07-01 to 2023-12-31 | $49.8m | us-gaap:InterestExpense |
| Income tax | 3 months2023-10-01 to 2023-12-31 | $3.2m | us-gaap:IncomeTaxExpenseBenefit |
| Income tax | 6 months2023-07-01 to 2023-12-31 | $6.7m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 3 months2023-10-01 to 2023-12-31 | $12.2m | us-gaap:NetIncomeLoss |
| Net income | 6 months2023-07-01 to 2023-12-31 | $25.3m | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months2023-10-01 to 2023-12-31 | $1.07 | us-gaap:EarningsPerShareDiluted |
| Diluted EPS | 6 months2023-07-01 to 2023-12-31 | $2.23 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months2023-10-01 to 2023-12-31 | $1.08 | us-gaap:EarningsPerShareBasic |
| Basic EPS | 6 months2023-07-01 to 2023-12-31 | $2.24 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 3 months2023-10-01 to 2023-12-31 | 11,301,481 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Diluted shares (weighted) | 6 months2023-07-01 to 2023-12-31 | 11,298,202 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 6 months2023-07-01 to 2023-12-31 | $31.2m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 6 months2023-07-01 to 2023-12-31 | $2.8m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Dividends paid | 6 months2023-07-01 to 2023-12-31 | $4.8m | us-gaap:PaymentsOfDividends |
| Cash and equivalents | At period end2023-12-31 | $216.4m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Total assets | At period end2023-12-31 | $4.64bn | us-gaap:Assets |
| Total liabilities | At period end2023-12-31 | $4.17bn | us-gaap:Liabilities |
| Shareholders' equity | At period end2023-12-31 | $470.2m | us-gaap:StockholdersEquity |
Source: SEC EDGAR, the filing index for accession 0001558370-24-000925. Last ingested by Listed: Nov 9, 2026, 18:07 ET. Listed shows no prices and gives no investment advice.