Southern Bank and Southern Missouri Bancorp, Inc. Announces Retirement of William D. Hribovsek as Regional President of the East Region, with Effect from February 2, 2018
December 18, 2017 at 03:54 pm EST
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On December 13, 2017, William D. Hribovsek, Regional President of Southern Bank, a wholly owned subsidiary of Southern Missouri Bancorp, Inc., informed the bank that he will be retiring from the bank and the company effective February 2, 2018. Mr. Hribovsek has served as Regional President of the East Region of the bank since January 23, 2017, and previously was the Chief Lending Officer for the company and the bank.
Southern Missouri Bancorp, Inc. is a bank holding company and the parent company of Southern Bank (Bank). The Bank is primarily engaged in providing a full range of banking and financial services to individuals and corporate customers in its market areas. The principal business of the Bank consists 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, (FHLB), and brokered deposits, to invest in one- to-four-family residential mortgage loans, mortgage loans secured by commercial real estate, commercial non-mortgage business loans, construction loans, and consumer loans. These funds are also used to purchase mortgage-backed and related securities (MBS), municipal bonds, and other permissible investments. The Bank conducts its business from its headquarters in Poplar Bluff, as well as about 62 full-service branch offices and three limited-service branch offices.
Southern Bank and Southern Missouri Bancorp, Inc. Announces Retirement of William D. Hribovsek as Regional President of the East Region, with Effect from February 2, 2018