Southern Missouri Bancorp Inc's Customers Performance

The Banks primary market area includes eight southeast and south-central Missouri counties where the Bank operates 15 facilities, with one facility located in a municipality that straddles a county line and is mostly situated in a ninth county. Those nine counties (Butler, Carter, Dunklin, Howell, New Madrid, Oregon, Ripley, Scott, and Stoddard) have a population of roughly 234,000 persons. In northeast and north-central Arkansas, the Banks nine facilities are located in four counties (Craighead, Greene, Independence, and White) with a population of roughly 260,000 persons – this area includes the Jonesboro, Arkansas, Metropolitan Statistical Area, with a population of 126,000. In southwest Missouri, our eleven facilities are located in five counties with a population of approximately 486,000, including the Springfield, Missouri, Metropolitan Statistical Area, with a population of roughly 449,000. The Bank also serves a few communities just outside these county borders, but without a notable impact on the demographics of the market area. The Banks southeast Missouri and northeast and north central Arkansas markets are primarily rural in nature with economies supported by manufacturing activity, agriculture (livestock, rice, timber, soybeans, wheat, melons, corn, and cotton), healthcare, and education. Large employers include hospitals, manufacturers, school districts, and colleges. In the southwest Missouri market, major employers include healthcare providers, educational institutions, federal, local, and state government, retailers, transportation and distribution firms, and leisure, entertainment, and hospitality interests. For purposes of the Banks lending policy, the Banks primary lending area is considered to be counties where the Bank has a branch facility, and any contiguous county.

The Banks primary market area includes eight southeast and south-central Missouri counties where the Bank operates 15 facilities, with one facility located in a municipality that straddles a county line and is mostly situated in a ninth county. Those nine counties (Butler, Carter, Dunklin, Howell, New Madrid, Oregon, Ripley, Scott, and Stoddard) have a population of roughly 234,000 persons. In northeast and north-central Arkansas, the Banks nine facilities are located in four counties (Craighead, Greene, Independence, and White) with a population of roughly 260,000 persons – this area includes the Jonesboro, Arkansas, Metropolitan Statistical Area, with a population of 126,000. In southwest Missouri, our eleven facilities are located in five counties with a population of approximately 486,000, including the Springfield, Missouri, Metropolitan Statistical Area, with a population of roughly 449,000. The Bank also serves a few communities just outside these county borders, but without a notable impact on the demographics of the market area. The Banks southeast Missouri and northeast and north central Arkansas markets are primarily rural in nature with economies supported by manufacturing activity, agriculture (livestock, rice, timber, soybeans, wheat, melons, corn, and cotton), healthcare, and education. Large employers include hospitals, manufacturers, school districts, and colleges. In the southwest Missouri market, major employers include healthcare providers, educational institutions, federal, local, and state government, retailers, transportation and distribution firms, and leisure, entertainment, and hospitality interests. For purposes of the Banks lending policy, the Banks primary lending area is considered to be counties where the Bank has a branch facility, and any contiguous county.