secwatch.observer — SEC 8-K summary
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Issuer:     SOUTHERN MISSOURI BANCORP, INC. (SMBC)
CIK:        0000916907
Form:       8-K/A
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001558370-23-008890
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/916907/000155837023008890/0001558370-23-008890-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/916907/000155837023008890/smbc-20230120x8ka.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-008890

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