secwatch.observer — SEC 8-K summary
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Issuer:     SOUTHERN MISSOURI BANCORP, INC. (SMBC)
CIK:        0000916907
Form:       8-K
Filed at:   2022-03-01T23:59:59+00:00
Accession:  0001558370-22-002595
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Southern Missouri Bancorp completes acquisition of Fortune Financial for ~$31.7M
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- Fortune shareholders receive 0.3025 SMBC shares or $13.31 cash per share; total consideration ~$31.7M.
- Combined pro forma assets ~$3.2B, loans $2.6B, deposits $2.8B; Fortune had $261.2M assets.
- Daniel L. Jones, Fortune's Chairman/CEO, joins SMBC and Southern Bank boards.
- SMBC now operates 52 banking facilities in MO, IL, AR.
- Merger was contemplated by agreement dated Sept 28, 2021; closed Feb 25, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/916907/000155837022002595/0001558370-22-002595-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/916907/000155837022002595/smbc-20220225x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-002595

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