SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
March 26, 1999
SOUTHERN MISSOURI BANCORP, INC.
(Exact name of Registrant as specified in its Charter)
Delaware 000-23406 43-1665523
(State or other (Commission File No.) (IRS Employer
jurisdiction of Identification
incorporation) Number)
531 Vine Street, Poplar Bluff, Missouri 63901
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (573) 785-1421
N/A
(Former name or former address, if changed since last report)
Item 5. Other Events
On March 26, 1999, the Registrant issued the press release
attached as Exhibit 99 announcing the sale of the insurance agencies
of its subsidiary.
The foregoing information does not purport to be complete
and is qualified in its entirety by reference to the Exhibit to
this Report.
Item 7. Financial Statements and Exhibits
(a) Exhibits
The Exhibit referred to in Item 5 of this Report and
listed on the accompanying Exhibit Index is filed as
part of this Report and is incorporated herein by
reference.
Exhibit
Number Description
99 Press Release, dated March 26, 1999.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this Report to be signed
on its behalf by the undersigned thereunto duly authorized.
SOUTHERN MISSOURI BANCORP,INC.
Date: March 26, 1999 By: Greg A. Steffens
Greg A. Steffens
Senior Vice President
and Chief Financial Officer
EXHIBIT
For Immediate Release
March 26, 1999
For addition information:
Contact Greg A. Steffens, Interim
President and CFO
(573) 785-1421
SOUTHERN MISSOURI BANK AND TRUST ANNOUNCES SALE OF INSURANCE
AGENCIES
Poplar Bluff, Missouri - Leonard M. Ehlers, Chairman of the Board
of Southern Missouri Bank and Trust, announced today that the
Company had agreed to sell two segments of S.M.S. Financial
Services, Inc., the Company's wholly-owned subsidiary. The
segments, Morse-Harwell-Jiles Insurance Agency and Stoddard
County Insurance Agency sell a wide variety of insurance
products. The Company anticipates that it will recognize a pre-
tax profit during the fourth quarter of fiscal 1999 of
approximately $515,000 from the sale of the insurance agency's.
The sale is scheduled to close on or about May 31, 1999 and is
not expected to have a material impact on the future operating
performance of the Company. Southern Missouri Bank and Trust is
a wholly-owned subsidiary of Southern Missouri Bancorp.
Southern Missouri Bancorp had assets of $158.4 million as of
December 31, 1998, and operates with 8 offices in Southeastern
Missouri through its subsidiary, Southern Missouri Bank and
Trust. Southern Missouri Bancorp trades on NASDAQ under the
symbol "SMBC".
