Southern Missouri Bancorp (SMBC) Reports In-Line Q3 EPS

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Southern Missouri Bancorp reports preliminary third quarter results, Marks 20th year of listing on Nasdaq with 80th consecutive quarterly dividend, Schedules conference call to discuss results For Thu

April 22, 2014 9:15 AM EDT

Poplar Bluff, April 22, 2014 (GLOBE NEWSWIRE) -- Highlights:

·         Preliminary fiscal year 2014 third quarter earnings per common share (diluted) were reported at $.64, down from $.71 in the year ago period, as net income available to common shareholders decreased to $2.2 million, compared to $2.4 million in the year ago period. Earnings per common share (diluted) were down $.09, as compared to the $.73 earned in the second quarter of fiscal 2014, the linked quarter.

·         Noninterest expense was up 49.0% for the third quarter of fiscal 2014, compared to the year ago period, and up 6.3% from the second quarter of fiscal 2014, the linked quarter. The current period's noninterest expense included... More