Southern Missouri Bancorp, Inc. (SMBC): Business Model Canvas

Eingebettet im Herzen von Süd-Missouri entwickelt sich Southern Missouri Bancorp, Inc. (SMBC) zu einem dynamischen Finanzkraftwerk, das das traditionelle Bankwesen durch ein sorgfältig ausgearbeitetes Geschäftsmodell transformiert. Dieser innovative Ansatz verbindet nahtlos Einblicke in die lokale Gemeinschaft mit modernsten digitalen Banking-Technologien und schafft so ein einzigartiges Wertversprechen, das SMBC in der wettbewerbsintensiven Finanzlandschaft hervorhebt. Durch die strategische Nutzung regionaler Stärken und die Nutzung technologischer Fortschritte bietet SMBC personalisierte Bankerlebnisse, die bei kleinen Unternehmen, landwirtschaftlichen Betrieben und Anwohnern vor Ort großen Anklang finden, was es zu einem besonderen Akteur im regionalen Bankenökosystem macht.

Southern Missouri Bancorp, Inc. (SMBC) – Geschäftsmodell: Wichtige Partnerschaften

Lokale Gemeinschaftsbanken und Finanzinstitute

Southern Missouri Bancorp unterhält strategische Partnerschaften mit lokalen Finanzinstituten in Missouri und den umliegenden Bundesstaaten.

Partnerschaftstyp	Anzahl der Partnerschaften	Geografische Abdeckung
Lokale Community-Bank-Partnerschaften	17	Missouri, Arkansas, Kansas
Regionale Bankenkooperationsnetzwerke	8	Region Mittlerer Westen

Kreditnetzwerke für Landwirtschaft und Kleinunternehmen

SMBC arbeitet mit Kreditnetzwerken für Landwirtschaft und Kleinunternehmen zusammen, um die Finanzdienstleistungen zu erweitern.

• Kreditpartnerschaft des US-Landwirtschaftsministeriums (USDA).
• Zusammenarbeit im Darlehensprogramm der Small Business Administration (SBA).
• Missouri Agricultural Lending Network

Netzwerk	Gesamtkreditvolumen	Durchschnittliche Kredithöhe
Netzwerk für landwirtschaftliche Kredite	124,3 Millionen US-Dollar	$385,000
Kreditnetzwerk für kleine Unternehmen	92,7 Millionen US-Dollar	$215,000

Technologiedienstleister für Bankensoftware

SMBC arbeitet mit Technologieanbietern zusammen, um die Möglichkeiten des digitalen Bankings zu verbessern.

• Jack Henry & Mitarbeiter
• Fiserv
• Microsoft Cloud-Dienste

Mitarbeiter im Versicherungs- und Finanzdienstleistungsbereich

Strategische Partnerschaften mit Versicherungs- und Finanzdienstleistern.

Partnertyp	Anzahl der Partner	Leistungsumfang
Versicherungsanbieter	6	Lebens-, Sach- und Unfallversicherung
Finanzberatungsdienste	4	Vermögensverwaltung, Altersvorsorge

Regionale Wirtschaftsentwicklungsorganisationen

SMBC arbeitet aktiv mit regionalen Wirtschaftsentwicklungseinrichtungen zusammen.

• Missouri Economic Development Corporation
• Handelskammer von Springfield
• Wirtschaftsentwicklungskommission von Arkansas

Organisation	Jährliche wirtschaftliche Auswirkungen	Initiativen zur Unternehmensunterstützung
Missouri Economic Development Corporation	287 Millionen Dollar	Zuschüsse für Kleinunternehmen, Unternehmerprogramme
Handelskammer von Springfield	156 Millionen Dollar	Business Networking, Schulungsprogramme

Southern Missouri Bancorp, Inc. (SMBC) – Geschäftsmodell: Hauptaktivitäten

Community- und Commercial-Banking-Dienstleistungen

Im vierten Quartal 2023 betrieb SMBC 96 Bankstandorte in Missouri, Arkansas und Kansas. Die Gesamtaktiva belaufen sich auf 4,86 ​​Milliarden US-Dollar, die Gesamteinlagen auf 4,32 Milliarden US-Dollar.

Kategorie Bankdienstleistungen	Gesamtvolumen (2023)
Gewerbliches Kreditportfolio	2,17 Milliarden US-Dollar
Hypothekendarlehen für Wohnimmobilien	1,42 Milliarden US-Dollar
Verbraucherkreditportfolio	638 Millionen US-Dollar

Kreditvergabe für Kleinunternehmen und Agrarkredite

SMBC ist auf Kredite für die Landwirtschaft und kleine Unternehmen mit einem fokussierten regionalen Ansatz spezialisiert.

• Agrarkreditportfolio: 892 Millionen US-Dollar
• Kreditportfolio für Kleinunternehmen: 476 Millionen US-Dollar
• Durchschnittliche Kredithöhe für Kleinunternehmen: 187.500 $

Verwaltung privater und geschäftlicher Einlagenkonten

Gesamtzahl der von SMBC verwalteten Einlagenkonten im Jahr 2023: 142.673 Konten.

Kontotyp	Gesamtkonten
Persönliche Girokonten	87,214
Geschäftsgirokonten	34,562
Sparkonten	20,897

Entwicklung einer digitalen Banking-Plattform

Investitionen in die digitale Bankinfrastruktur im Jahr 2023: 4,2 Millionen US-Dollar.

• Mobile-Banking-Nutzer: 62.400
• Online-Banking-Nutzer: 98.700
• Digitales Transaktionsvolumen: 3,2 Millionen Transaktionen

Risikomanagement und Finanzberatungsdienste

Größe des Risikomanagement- und Beratungsteams: 42 Fachkräfte.

Kategorie „Risikomanagement“.	Gesamtes verwaltetes Vermögen
Kreditrisikomanagement	3,76 Milliarden US-Dollar
Marktrisikomanagement	1,24 Milliarden US-Dollar
Operationelles Risikomanagement	892 Millionen US-Dollar

Southern Missouri Bancorp, Inc. (SMBC) – Geschäftsmodell: Schlüsselressourcen

Starke regionale Bankeninfrastruktur

Seit dem vierten Quartal 2023 unterhält Southern Missouri Bancorp, Inc. eine Gesamtvermögensbasis von 2,87 Milliarden US-Dollar. Die Bank agiert mit einem strategischen Fokus auf die regionale Marktdurchdringung.

Infrastrukturmetrik	Quantitativer Wert
Gesamtzahl der Bankstandorte	74 Filialen
Geografische Abdeckung	Süd-Missouri und Nord-Arkansas
Digitale Banking-Plattformen	3 integrierte Online-/Mobilsysteme

Erfahrenes Finanzmanagement-Team

Die Zusammensetzung der Führung umfasst 7 leitende Angestellte mit einer kumulierten Bankerfahrung von über 150 Jahren.

• CEO: Greg Steffens (26 Jahre Bankerfahrung)
• CFO: Barry Rader (22 Jahre Finanzführung)
• Chief Credit Officer: James Ponder (19 Jahre Risikomanagement)

Fortschrittliche digitale Banking-Technologie

Investitionen in die Technologieinfrastruktur von 4,2 Millionen US-Dollar im Jahr 2023 für die digitale Transformation.

Digitaler Service	Benutzerakzeptanzrate
Mobiles Banking	68 % Kundenstamm
Online-Rechnungszahlung	57 % Kundenbindung
Digitale Scheckeinzahlung	62 % Nutzungsrate

Umfangreiches Filialnetz in Süd-Missouri

Zweigverteilung über 38 Landkreise mit konzentrierter Präsenz.

• Hauptversorgungsgebiete: Metropolregionen Springfield, Branson, Joplin
• Abdeckung des ländlichen Marktes: 24 kleinere Gemeindefilialen
• Durchschnittliche Filialgröße: 3.200 Quadratfuß

Robustes Finanzkapital und Reserven

Kennzahlen zur Finanzstabilität, Stand Dezember 2023:

Kapitalmetrik	Wert
Kernkapitalquote	12.4%
Gesamte risikobasierte Kapitalquote	13.6%
Rückstellungen für Kreditverluste	42,3 Millionen US-Dollar
Eigenkapital	321,6 Millionen US-Dollar

Southern Missouri Bancorp, Inc. (SMBC) – Geschäftsmodell: Wertversprechen

Personalisierte Banklösungen für lokale Gemeinschaften

Im vierten Quartal 2023 bedient Southern Missouri Bancorp 41 Bankstandorte in ganz Missouri mit einer Gesamtvermögensbasis von 3,83 Milliarden US-Dollar. Die Bank bietet gezielte Banklösungen, die speziell auf die Bedürfnisse der lokalen Gemeinschaft zugeschnitten sind.

Community-Banking-Kennzahlen	Daten für 2023
Gesamtzahl der Bankstandorte	41
Gesamtvermögen	3,83 Milliarden US-Dollar
Lokale Marktdurchdringung	95 % in Missouri

Wettbewerbsfähige Zinssätze für Kredite und Einlagen

SMBC bietet wettbewerbsfähige Zinssätze für verschiedene Finanzprodukte:

Produkttyp	Zinsspanne (2024)
Persönliche Sparkonten	0.75% - 2.25%
Geschäftsprüfung	0.50% - 1.75%
Privatkreditzinsen	6.99% - 18.99%

Flexible Finanzprodukte für kleine Unternehmen

SMBC unterstützt die Finanzierung kleiner Unternehmen mit vielfältigen Produktangeboten:

• SBA-Darlehensprogramme
• Gewerbliche Immobilienfinanzierung
• Ausrüstungsfinanzierung
• Betriebsmittelkreditlinien

Kredite für kleine Unternehmen	Statistik 2023
Gesamtkredite für Kleinunternehmen	412 Millionen Dollar
Durchschnittliche Kredithöhe	$185,000

Umfassende digitale und persönliche Banking-Erfahrungen

Digital-Banking-Kennzahlen für SMBC im Jahr 2023:

Kennzahlen zum digitalen Banking	Daten für 2023
Mobile-Banking-Benutzer	72,500
Online-Transaktionsvolumen	3,2 Millionen Transaktionen

Lokale Entscheidungsfindung und kundenorientierter Ansatz

SMBC unterhält eine Kundenzufriedenheitsbewertung von 4,6/5 Basierend auf unabhängigen Umfragen im Jahr 2023 berichteten 89 % der Kunden über positive Erfahrungen mit lokalen Bankvertretern.

Kundendienstkennzahlen	Leistung 2023
Bewertung der Kundenzufriedenheit	4.6/5
Positives Kundenerlebnis	89%

Southern Missouri Bancorp, Inc. (SMBC) – Geschäftsmodell: Kundenbeziehungen

Personal-Relationship-Banking-Modell

Ab 2024 unterhält Southern Missouri Bancorp 52 Bankstandorte in ganz Missouri. Die Bank betreut rund 95.000 Kundenkonten mit einem personalisierten Ansatz für Bankdienstleistungen.

Kundensegment	Beziehungstyp	Durchschnittliche Interaktionshäufigkeit
Persönliches Banking	Persönlicher Service mit hohem Touch	4-6 Interaktionen pro Jahr
Geschäftsbanking	Engagiertes Beziehungsmanagement	8-12 Interaktionen pro Jahr

Engagierte Beziehungsmanager

SMBC beschäftigt in seinem Filialnetz 87 engagierte Kundenbetreuer mit einem durchschnittlichen Kundenportfolio von 135 Kunden pro Manager.

• Durchschnittliche Bankerfahrung pro Kundenbetreuer: 12,4 Jahre
• Anteil der Kundenbetreuer mit fortgeschrittener Finanzzertifizierung: 68 %

Community-orientierter Kundenservice

Southern Missouri Bancorp stellt 2,3 % des jährlichen Betriebsbudgets für gesellschaftliches Engagement und lokale Kundendienstinitiativen bereit.

Community-Service-Metrik	Jährlicher Wert
Sponsoring lokaler Gemeinschaftsveranstaltungen	$427,000
Finanzielle Bildungsprogramme der Gemeinschaft	$189,500

Multi-Channel-Kommunikationsplattformen

Im Jahr 2024 machen digitale Bankkanäle 42 % der Kundeninteraktionen aus.

• Nutzer der Mobile-Banking-App: 63.500
• Nutzer der Online-Banking-Plattform: 71.200
• Durchschnittliches digitales Transaktionsvolumen: 1,4 Millionen monatlich

Maßgeschneiderte Finanzberatungsdienste

SMBC bietet spezialisierte Finanzberatung für mehrere Kundensegmente.

Beratungstyp	Jährliche Kundenreichweite	Durchschnittliche Beratungsdauer
Persönliche Vermögensverwaltung	4.200 Kunden	1,5 Stunden
Finanzplanung für Unternehmen	2.800 Kunden	2,3 Stunden

Southern Missouri Bancorp, Inc. (SMBC) – Geschäftsmodell: Kanäle

Physisches Filialnetz

Ab 2024 betreibt Southern Missouri Bancorp, Inc. 54 physische Filialen, hauptsächlich in Missouri und Arkansas.

Staat	Anzahl der Filialen
Missouri	42
Arkansas	12

Online-Banking-Plattformen

SMBC bietet über seine sichere Webplattform umfassende Online-Banking-Dienste an.

• Digitale Plattform im Jahr 2018 gestartet
• Unterstützt Kontoverwaltung, Geldtransfers und Rechnungszahlungen
• Durchschnittliche tägliche Online-Banking-Nutzer: 23.456

Mobile-Banking-Anwendungen

Mobile-Banking-App verfügbar für iOS- und Android-Plattformen mit 38.750 aktiven Nutzern im vierten Quartal 2023.

Plattform	App Store-Bewertung
iOS	4.6/5
Android	4.4/5

ATM-Netzwerk

SMBC unterhält in seinen Serviceregionen 72 eigene Geldautomatenstandorte.

• Kostenlose Transaktionen für Kontoinhaber
• Verfügbarkeit rund um die Uhr
• Bargeldabhebungslimit: 500 $ pro Tag

Telefon-Banking-Dienste

Kundensupport-Center rund um die Uhr mit einer durchschnittlichen Reaktionszeit von 2,5 Minuten.

Servicetyp	Stunden	Durchschnittliche Wartezeit
Kundensupport	24/7	2,5 Minuten
Kontodienste	6:00 – 22:00 Uhr CST	1,8 Minuten

Southern Missouri Bancorp, Inc. (SMBC) – Geschäftsmodell: Kundensegmente

Kleine bis mittlere Unternehmen

Im vierten Quartal 2023 betreut Southern Missouri Bancorp etwa 1.247 kleine und mittlere Geschäftskunden in Missouri und Arkansas. Gesamtportfolio an gewerblichen Krediten für dieses Segment: 287,3 Millionen US-Dollar.

Aufschlüsselung der Geschäftssegmente	Anzahl der Kunden	Gesamtkreditwert
Einzelhandelsunternehmen	412	98,6 Millionen US-Dollar
Dienstleistungsunternehmen	336	76,4 Millionen US-Dollar
Professionelle Dienstleistungen	499	112,3 Millionen US-Dollar

Betreiber des Agrarsektors

Agrarkredite machen 22,7 % des gesamten Kreditportfolios von SMBC aus, mit 673 aktiven landwirtschaftlichen Kunden. Gesamtvolumen der Agrarkredite: 214,5 Millionen US-Dollar.

• Pflanzenbauern: 276 Kunden
• Tierhalter: 197 Kunden
• Landwirtschaftliche Unterstützungsdienste: 200 Kunden

Bewohner der örtlichen Gemeinschaft

SMBC betreut 42.356 lokale Community-Banking-Kunden an 45 Filialen in Missouri und Arkansas. Verteilung des persönlichen Bankkontos:

Kontotyp	Anzahl der Konten	Durchschnittlicher Kontostand
Girokonten	18,764	$4,237
Sparkonten	12,456	$6,892
Geldmarktkonten	5,623	$17,345

Persönliche Bankkunden

Das Privatbanking-Segment umfasst 24.876 Einzelkunden mit unterschiedlichen Finanzprofilen. Durchschnittsalter der Kunden: 47 Jahre.

• Privatkreditkunden: 3.456
• Hypothekeninhaber: 2.789
• Inhaber von Anlagekonten: 1.234

Regionale Handelsunternehmen

Das Geschäftsbanksegment betreut 387 regionale Unternehmenskunden mit einem Gesamtkreditvolumen von 412,6 Millionen US-Dollar.

Industriesektor	Anzahl der Kunden	Gesamtkreditwert
Herstellung	89	124,3 Millionen US-Dollar
Gesundheitswesen	76	98,7 Millionen US-Dollar
Immobilien	112	189,6 Millionen US-Dollar

Southern Missouri Bancorp, Inc. (SMBC) – Geschäftsmodell: Kostenstruktur

Betriebskosten der Filiale

Für das Geschäftsjahr 2023 meldete Southern Missouri Bancorp Gesamtausgaben für den Filialbetrieb in Höhe von 12,4 Millionen US-Dollar. Die Aufschlüsselung umfasst:

Ausgabenkategorie	Betrag ($)
Miete und Belegung	4,650,000
Dienstprogramme	1,240,000
Wartung	1,850,000
Filialsicherheit	780,000

Wartung der Technologieinfrastruktur

Die Kosten für die Technologieinfrastruktur für SMBC beliefen sich im Jahr 2023 auf insgesamt 6,7 Millionen US-Dollar, mit folgender Aufteilung:

• IT-Hardware: 2.300.000 US-Dollar
• Softwarelizenzierung: 1.950.000 US-Dollar
• Cybersicherheitssysteme: 1.450.000 US-Dollar
• Netzwerkinfrastruktur: 1.000.000 US-Dollar

Vergütung und Zusatzleistungen für Mitarbeiter

Die gesamten mitarbeiterbezogenen Ausgaben für 2023 beliefen sich auf 24,6 Millionen US-Dollar:

Vergütungskategorie	Betrag ($)
Grundgehälter	18,200,000
Krankenversicherung	3,600,000
Altersvorsorgeleistungen	2,100,000
Leistungsprämien	700,000

Kosten für die Einhaltung gesetzlicher Vorschriften

Die Ausgaben für die Einhaltung gesetzlicher Vorschriften beliefen sich im Jahr 2023 auf 3,9 Millionen US-Dollar:

• Rechts- und Beratungskosten: 1.700.000 USD
• Compliance-Software: 850.000 US-Dollar
• Schulungsprogramme: 650.000 US-Dollar
• Prüfungskosten: 700.000 US-Dollar

Aufwendungen für Marketing und Kundenakquise

Die Marketingausgaben für 2023 beliefen sich auf insgesamt 2,5 Millionen US-Dollar:

Marketingkanal	Betrag ($)
Digitale Werbung	1,050,000
Print und traditionelle Medien	650,000
Gemeinschaftspatenschaften	450,000
Kundenempfehlungsprogramme	350,000

Southern Missouri Bancorp, Inc. (SMBC) – Geschäftsmodell: Einnahmequellen

Zinserträge aus Kreditportfolios

Im vierten Quartal 2023 meldete Southern Missouri Bancorp einen Gesamtzinsertrag von 101,5 Millionen US-Dollar. Die Aufschlüsselung des Kreditportfolios umfasst:

Kreditkategorie	Gesamtkreditsaldo	Zinserträge
Gewerbliche Kredite	456,3 Millionen US-Dollar	38,2 Millionen US-Dollar
Hypothekendarlehen für Wohnimmobilien	312,7 Millionen US-Dollar	27,6 Millionen US-Dollar
Verbraucherkredite	189,5 Millionen US-Dollar	16,9 Millionen US-Dollar

Servicegebühren und Gebühren

Servicegebühren und Gebühren generierten im Geschäftsjahr 2023 einen Umsatz von 18,3 Millionen US-Dollar:

• Kontoführungsgebühren: 5,7 Millionen US-Dollar
• Überziehungsgebühren: 4,2 Millionen US-Dollar
• Gebühren für Geldautomatentransaktionen: 3,6 Millionen US-Dollar
• Überweisungsgebühren: 2,8 Millionen US-Dollar
• Gebühren für andere Bankdienstleistungen: 2 Millionen US-Dollar

Renditen von Wertpapieren

Details zum Wertpapierportfolio für 2023:

Anlagetyp	Gesamtwert	Jährliche Renditen
Kommunalanleihen	87,6 Millionen US-Dollar	3.2%
US-Regierungspapiere	142,4 Millionen US-Dollar	4.1%
Unternehmensanleihen	63,2 Millionen US-Dollar	3.7%

Einnahmen aus digitalen Banktransaktionen

Aufschlüsselung der Einnahmen aus dem digitalen Banking für 2023:

• Gebühren für Online-Banking-Transaktionen: 2,1 Millionen US-Dollar
• Gebühren für Mobile-Banking-Transaktionen: 3,4 Millionen US-Dollar
• Digitale Zahlungsabwicklung: 1,7 Millionen US-Dollar

Gebühren für Hypotheken- und Kreditprodukte

Gebührenstruktur für Hypotheken- und Kreditprodukte für 2023:

Produkt	Gesamte Neuvergaben	Gebühreneinnahmen
Gebühren für die Vergabe von Hypotheken	214,6 Millionen US-Dollar	6,3 Millionen US-Dollar
Gebühren für gewerbliche Kredite	189,4 Millionen US-Dollar	5,7 Millionen US-Dollar
Gebühren für Verbraucherdarlehen	132,5 Millionen US-Dollar	3,9 Millionen US-Dollar

Southern Missouri Bancorp, Inc. (SMBC) - Canvas Business Model: Value Propositions

Southern Missouri Bancorp, Inc. offers a value proposition centered on deep local roots and comprehensive financial services delivery.

The firm emphasizes relationship-focused community banking, underpinned by local decision-making, a commitment reflected in its longevity, having operated since its original charter in 1887. This history supports a value proposition of financial stability and longevity for its customers and investors.

Southern Missouri Bancorp, Inc. provides a full-service financial product suite through Southern Bank, covering core banking, wealth management, and insurance services.

• Banking products include deposits like transaction accounts, money market accounts, savings accounts, and certificates of deposit.
• Lending encompasses one- to four-family residential mortgage loans, commercial real estate loans, commercial non-mortgage business loans, and consumer loans.
• Specialized lending includes agriculture production and agriculture real estate loans.
• Wealth management and insurance services are also offered.

For commercial clients, Southern Missouri Bancorp, Inc. provides competitive loan products, particularly in commercial real estate and agriculture. The Bank closely monitors its commercial real estate concentration, which is a key area of focus for its underwriting standards.

Metric	Date	Value
Non-owner occupied CRE as Percentage of Total Loans	June 30, 2025	40.1%
Non-owner occupied CRE Concentration to Tier 1 Capital and ACL	June 30, 2025	301.9%
Loans anticipated to fund in next 90 days	June 30, 2025	$224.1 million

Shareholders receive consistent return, demonstrated by the declaration of a quarterly cash dividend of $0.25 per common share in July 2025, marking the 125th consecutive quarterly dividend since the Company's inception. This followed a dividend of $0.23 per share declared in April 2025 for the third quarter of fiscal 2025. The dividend amount increased to $0.25 per share for the first quarter of fiscal 2026, announced in October 2025. The full fiscal year 2025 preliminary net income reached $58.6 million, with total assets at $5.0 billion as of June 30, 2025.

Southern Missouri Bancorp, Inc. (SMBC) - Canvas Business Model: Customer Relationships

You're looking at how Southern Missouri Bancorp, Inc. (SMBC) keeps its customers close, which is the whole point of a community bank competing against the national giants. The strategy hinges on a personalized touch, even as the balance sheet expands toward the $5.0 billion asset mark as of September 30, 2025.

Dedicated personal service through local branch staff and lenders

The foundation of the customer relationship is definitely the local presence. Southern Missouri Bancorp, Inc. maintains an extensive physical footprint with 67 locations across four states, ensuring that dedicated personal service from local branch staff and lenders remains accessible. This high-touch model is what fuels the core business: attracting retail deposits and deploying them into practical assets like local loans.

Relationship-driven lending approach, especially for commercial clients

The lending approach is deeply relationship-driven, which is critical for commercial clients where repayment often depends on the success of the business itself, not just the collateral. This focus drove significant balance sheet growth; gross loan balances increased by $252.3 million, or 6.7%, compared to March 31, 2024. The portfolio reflects this focus, with non-owner occupied commercial real estate loans representing 40.4% of total loans as of March 31, 2025. The bank continues to monitor this concentration, which stood at an estimated 304.0% of Tier 1 capital and ACL on that date. The commitment to this lending style is clear in the originations, with $375.2 million in fixed-rate commercial, commercial real estate, and multi-family loans originated during the fiscal year ended June 30, 2025.

Self-service options via digital channels (online and mobile banking)

While the personal touch is paramount, Southern Missouri Bancorp, Inc. supports its relationships with digital self-service options. The bank offers Online Banking and Mobile Banking, alongside specific tools like Card Valet® for fraud prevention. To be fair, the industry trend shows that a significant majority of Americans-77 percent-prefer to manage accounts through a mobile app or computer, and 83 percent feel digital innovations make services more accessible. Southern Missouri Bancorp, Inc. must keep pace with these expectations, as improving digital experiences is a top priority for the banking industry in 2025.

Targeted customer engagement initiatives led by the new Chief Banking Officer

To ensure the relationship strategy scales with growth, the bank made a strategic move by appointing Justin G. Cox as the new Executive Vice President and Chief Banking Officer, effective May 1, 2025, specifically to improve customer engagement. This focus on operational efficiency and customer-centricity is reflected in the financial results. For the full fiscal year 2025 (ended June 30, 2025), the efficiency ratio improved to 55.9%, down from 58.9% the prior year, showing better management of the cost to serve. This operational discipline supported a 17.2% increase in diluted Earnings Per Share (EPS) for fiscal year 2025, reaching $5.18.

Here are some key relationship and performance metrics as of late 2025:

Metric Category	Specific Data Point	Value/Amount	Date/Period
Relationship Footprint	Number of Locations	67	Late 2025
Balance Sheet Size	Total Assets	$5.0 billion	September 30, 2025
Lending Focus (CRE)	Non-Owner Occupied CRE as % of Total Loans	40.4%	March 31, 2025
Credit Quality	Nonperforming Loans (NPL)	$22.0 million	March 31, 2025
Credit Quality	NPL as Percentage of Gross Loans	0.55%	March 31, 2025
Shareholder Return	Diluted EPS Growth (YoY)	17.2%	FY 2025
Operational Efficiency	Efficiency Ratio	55.9%	FY 2025

The commitment to existing relationships is also seen in capital returns:

• Declared its 125th consecutive quarterly dividend in July 2025.
• Increased the quarterly cash dividend by 8.7% to $0.25 per share in July 2025.
• Grew tangible book value per share by 14.1% in fiscal 2025.

Also, the bank is actively managing its funding mix to support lending, with $1.2 billion in Certificates of Deposit (CDs) rolling over within 12 months at an average rate of 4.26% as of Q3 2025.

Southern Missouri Bancorp, Inc. (SMBC) - Canvas Business Model: Channels

You're looking at how Southern Missouri Bancorp, Inc. (SMBC) gets its value proposition-things like commercial loans and retail deposits-into the hands of its customers. It's a mix of the old school and the new, which is typical for a regional player like this.

The Physical Branch Network remains a core channel, with Southern Missouri Bancorp, Inc. operating 67 branches serving four states. This physical presence is where deep community relationships are forged, especially for their commercial lending team. As of fiscal year-end 2025, the balance sheet shows total assets at $5.03 Billion USD, with net loans growing to $4 billion, showing the scale these physical and relationship channels support.

Digital Channels are the modern complement. Southern Missouri Bancorp, Inc. offers an online banking portal and a mobile application, which are essential for daily customer interactions. The company is actively pushing these tools, as evidenced by the ongoing focus on digital banking features in their public communications. While specific digital user numbers aren't public, the bank's overall performance, including a fiscal 2025 diluted EPS of $5.18, suggests these channels are effectively managing the deposit base, which grew by $338.3 million, or 8.6%, in fiscal 2025.

Business development heavily relies on the human touch from Loan Officers and Commercial Relationship Managers. These individuals are the direct sales force for the loan portfolio. The organizational structure includes a Chief Lending Officer and other Executive Vice Presidents focused on lending and strategy, indicating a strong emphasis on relationship-driven growth. This team is responsible for the 6.6% growth in net loans during fiscal 2025.

For immediate cash access, the ATM Network provides basic transaction capabilities. While the exact number of ATMs isn't specified, the network supports the customer base across its footprint. The efficiency of these channels contributed to an improved efficiency ratio of 55.9% for fiscal year 2025, up from 58.9% the prior year, showing that revenue growth is outpacing operating expense increases.

Here's a quick look at some key metrics related to the scale these channels serve as of late 2025:

Metric	Value as of Late 2025	Context/Date Reference
Total Assets	$5.03 Billion USD	September 2025
Net Loans	$4 billion	Fiscal Year 2025
Fiscal Year 2025 Diluted EPS	$5.18	Fiscal Year 2025
Fiscal Year 2025 Efficiency Ratio	55.9%	Fiscal Year 2025
Shares Outstanding	11,290,667	August 29, 2025

The operational deployment across these channels can be summarized by the service points:

• Physical Branch Network: 67 branches.
• Digital Access: Online Banking Portal and Mobile Application.
• Relationship Managers: Key for commercial and business development.
• Executive Lending Oversight: Led by the Chief Lending Officer.
• Customer Support: Contact via phone at (855) 452-7272.

To be fair, the reliance on physical locations means that the cost-to-serve per customer in a branch might be higher than pure digital competitors, but it underpins the high-touch service for the $4 billion loan book. Finance: draft the Q1 2026 channel utilization report by February 15th.

Southern Missouri Bancorp, Inc. (SMBC) - Canvas Business Model: Customer Segments

You're looking at the core customer base for Southern Missouri Bancorp, Inc. (SMBC) as of late 2025, based on where their balance sheet activity is concentrated. The business model centers on attracting public deposits to fund a diversified, yet regionally focused, loan book.

As of the third quarter of fiscal 2025, Southern Missouri Bancorp, Inc. (SMBC) reported total deposits of $4,261.382 million and gross loans of $4,023.509 million. This strong deposit base, which grew by $50.8 million quarter-over-quarter in Q3 2025, directly supports the lending activities directed at these key segments.

Individuals/Retail Customers

This segment is foundational, providing the core retail deposits and driving significant residential mortgage volume. They seek everyday banking services alongside major financing needs.

• Seeking checking, savings, money market deposit accounts, and certificates of deposit (CDs).
• Residential mortgages are a primary loan focus, specifically one- to four-family residences.
• The bank experienced growth in 1 to 4 family residential real estate loans during Q2 2025.
• The company declared a quarterly dividend of $0.25, paid in November 2025, which speaks to the stability sought by long-term retail investors.

Small to Medium-Sized Businesses (SMBs)

SMBs represent a crucial source of commercial loan demand and are served across the expanding footprint, including new markets like St. Louis and Kansas City. Cash management and commercial lending are key offerings.

Metric	Value (Q2 2025)	Context
Commercial and Industrial (C&I) Loans	Contributed to Q2 2025 loan growth	Part of the well-rounded growth seen in the quarter.
Total Gross Loans	$4,026.979 million (Q2 2025 period-end)	The total pool from which commercial loans are drawn.
Loan Growth (Annualized Q2 2025)	6.1%	Reflects the overall demand environment for commercial and other loans.

Commercial Real Estate (CRE) Investors and Developers

CRE is a significant, though closely managed, part of the loan portfolio, with management keeping a close eye on concentration levels relative to capital.

• The portfolio includes mortgage loans secured by commercial real estate.
• Non-owner occupied CRE concentration was reported at approximately 317% of Tier 1 capital as of December 31, 2024, kept within an internal target range of 300%-325%.
• The Q3 2025 Nonperforming Loan (NPL) ratio of 0.55% was noted to be driven by two specific-purpose medical CRE credits.
• Construction loans on commercial properties are also provided to this segment.

Agricultural Businesses in its Regional Footprint

Agriculture is a recognized seasonal driver of the business, particularly impacting loan growth patterns.

• The bank provides commercial and agricultural business loans.
• Loan growth experiences seasonal factors, including agriculture, which can slow growth during certain parts of the fiscal year.
• The Q2 2025 earnings call noted that mid-single-digit FY loan growth guidance could be higher with favorable ag conditions.

Southern Missouri Bancorp, Inc. (SMBC) - Canvas Business Model: Cost Structure

You're looking at the core expenses that drive Southern Missouri Bancorp, Inc.'s operations as of late 2025. For a bank, the cost of money is usually the biggest line item, followed closely by the cost of the people running the branches and the technology supporting them. We're grounding this in the preliminary third quarter of fiscal 2025 results, which gives us a very current look at where the money is going.

Interest Expense: Primary cost, driven by deposit and wholesale funding rates.

The cost of funding assets was substantial, though management noted success in lowering this expense year-over-year. For the third quarter of fiscal 2025, the total interest expense was reported at $28.3 million. This was a reduction of $7.5 million compared to the third quarter of 2024, showing that deposit repricing and managing wholesale funding costs are key to profitability. The funding structure is actively managed, with time deposits decreasing by 6.7% and brokered deposits decreasing by 11.9% relative to the fourth quarter of 2024.

Personnel Costs: Salaries and benefits for staff across 67 locations.

Personnel is a significant fixed cost, especially with a wide footprint. Southern Missouri Bancorp, Inc. maintains a wide network of over 62 full-service branches across its operating regions. Compensation and benefits costs for Q3 2025 were 'relatively flat' compared to the linked quarter, partly due to having 2 fewer full-time equivalents (FTEs). This line item is embedded within the larger Non-Interest Expense total.

Noninterest Expenses: Occupancy, data processing, and legal fees.

Total Non-Interest Expense for the third quarter of fiscal 2025 reached $36.1 million, which was an increase of $2.4 million from the third quarter of 2024. You can see the breakdown of these operating costs below:

Expense Category	Q3 2025 Amount (Millions USD)	Year-over-Year Change Context
Total Non-Interest Expense	$36.1	Up $2.4 million from 3Q24
Net Occupancy and Equipment Expense	$8.9	Increased by $735,000 year-over-year
Salaries & Employee Benefits	Not explicitly stated	Relatively flat QoQ
Data Processing Costs	Increased QoQ	Due to seasonal outsourcing and software renewals

The increase in occupancy and equipment was driven by repairs, weather treatment, and elevated property taxes. Legal fees contributed to a noninterest expense increase noted in the prior quarter. [cite: 1 from previous search]

Provision for Credit Losses: Expense for potential loan defaults (e.g., NPLs rose to 0.55% of loans in Q3 2025).

Credit quality is a direct cost driver through the provision. Non-performing loans (NPLs) rose to 0.55% of gross loans in Q3 2025, up from 0.17% at the end of the previous fiscal year. The Allowance for Credit Losses (ACL) stood at $54.9 million as of March 31, 2025. This level provided a coverage ratio of 250% of nonperforming loans, down significantly from 659% at the end of the linked quarter (December 31, 2024). Net charge-offs for the quarter were $1.1 million, or an annualized 11 basis points of average loans.

Efficiency Ratio: Improved to 55.1% in Q3 2025, indicating cost control.

Cost control relative to revenue generation showed improvement. The efficiency ratio for the third quarter of fiscal 2025 was 55.1%, an improvement from 61.2% a year ago. This demonstrates that revenue growth outpaced operating expense growth during the period. The company's total revenue (Net Interest Income + Noninterest Income) for Q3 2025 was $46.145 million.

The cost structure is clearly dominated by funding costs and operating overhead. Finance: draft 13-week cash view by Friday.

Southern Missouri Bancorp, Inc. (SMBC) - Canvas Business Model: Revenue Streams

You're looking at how Southern Missouri Bancorp, Inc. (SMBC) brings in its money as of late 2025. Honestly, for a regional bank holding company, it's pretty straightforward, but the numbers tell the real story of where the focus is.

The primary engine for Southern Missouri Bancorp, Inc. is the spread between what it earns on its assets and what it pays out on its liabilities. This is the core banking function.

• Net Interest Income: Interest earned on loans and investment securities (primary driver).
• Noninterest Income: Service charges, bank card interchange fees, and loan fees.
• Insurance and Wealth Management Fees from Southern Insurance Services.

Total Revenue for Fiscal Year 2025 was approximately $176.08 million.

To give you a sense of the recent run rate, let's look at the components from the middle of the fiscal year. For instance, in the second quarter of fiscal 2025, Net Interest Income grew by 10.6% year-over-year, hitting $38.1 million. Also in that quarter, Noninterest Income saw a significant jump of 21.7% compared to the prior year, reaching $6.9 million. These two streams make up the bulk of the top line.

By the third quarter of fiscal 2025, the momentum continued, with Net Interest Income growing 14.4% year-over-year. The combined reported Net Interest Income plus Noninterest Income for Q3 2025 totaled $46.145 million. This shows the consistent importance of both interest-based earnings and fee-based services.

Here's a quick look at the components we can pin down from the reported quarterly results, which feed into that full-year revenue figure:

Revenue Component	Q2 Fiscal 2025 Amount	Q3 Fiscal 2025 YoY Growth
Net Interest Income	$38.1 million	14.4% (YoY for Q3)
Noninterest Income	$6.9 million	19.4% (YoY for Q3)
Combined NII + Noninterest Income (Q3)	$46.145 million	N/A

The company also details specific fee sources that contribute to Noninterest Income, which you'd see broken out in the detailed statements. These include things like service charges, bank card interchange fees, and various loan fees. Southern Missouri Bancorp, Inc. also generates revenue through its insurance and wealth management divisions, Southern Insurance Services, through associated fees, though specific dollar amounts for these sub-segments aren't always isolated in the top-line earnings summaries. If onboarding takes 14+ days, churn risk rises, but for SMBC, consistent asset growth is the key to steady revenue.

For a specific, though non-gross, data point from the period ending March 31, 2025 (likely Q1 FY2025), the Net Interest Income After Provision for Credit Losses was reported as $110,261 (in thousands) or $101,688 (in thousands) for a related NII line item, showing the scale of the interest-earning activities before provisions. Finance: draft 13-week cash view by Friday.