Southern Missouri Bancorp files historical and pro forma financials for Citizens Bancshares merger

SOUTHERN MISSOURI BANCORP, INC.

Citizens had $998.9M assets, $868.7M deposits, $453.1M net loans as of Sep 30, 2022.
Citizens 9-month net income was $6.058M in 2022 vs $5.998M in 2021.
Pro forma combined assets of $4.44B, loans $3.38B, deposits $3.75B as of Sep 30, 2022.
Pro forma net income for the quarter ended Sep 30, 2022 was $1.425M ($0.12 EPS).
Consideration of ~$133.2M paid in 74% stock (1.1755 SMBC shares per Citizens share) and 26% cash.

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