Tranche Update on Southern Missouri Bancorp, Inc.'s Equity Buyback Plan announced on November 28, 2018.
January 26, 2021 at 12:45 pm EST
Share
From October 1, 2020 to December 31, 2020, the company has repurchased 90,793 shares, representing 0.99% for $2.64 million. With this, the company has completed the repurchase of 308,742 shares, representing 3.35% for $9.58 million under the buyback announced on November 28, 2018.
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 MISSOURI BANCORP, INC. 
