Press Releases

Southern Bank First in Region to Put Fraud Protection in the Hands of Cardholders

For Immediate Release: July 29, 2015

Media Contact: Tiffany Jenkins, Senior Marketing Officer (573) 778-1863

Southern Bank is the first bank in the region to put the power of fraud protection for debit cards directly into the hands of customers. The revolutionary CardValet app is the smarter way for customers to protect and manage their debit card. By simply downloading the app, customers can control when, where and how their card is used.

In 2014, more than 15 percent of Americans reported being victims of credit and debit card fraud, according to research from the United States Federal Trade Commission and the U.S. Department of Justice. An alarming 23 percent of fraud was committed by utilizing lost or stolen cards, with the total amount of credit card fraud worldwide exceeding $5.5 billion.

CardValet is a mobile application offered exclusively to Southern Bank account holders that can be downloaded from the Apple App Store or Google Play Store. Using CardValet, cardholders can immediately turn off their card if it is lost or stolen, or when it simply is not in use. Cardholders can also establish spending limits to allow transactions up to a certain dollar value and decline transactions when amounts exceed predefined thresholds. In addition, transactions can be monitored or controlled for specific merchant categories, such as travel, restaurants, or entertainment, and can be denied or reported for specific types of merchants.

Alerts can also be established to inform cardholders of specific types of transactions. CardValet can send an alert when a card is used, when a transaction is approved and exceeds any of the options established by the cardholder, or when a card transaction has been attempted but has been declined based on the parameters established. Cardholders will also be able to monitor accounts with linked access, such as teenagers with debit cards on a parent's account or employees of small businesses with their own debit cards on a small business account.

"Southern Bank is excited to be the first in our region to bring this level of protection against fraud to our customers. With increased cases of fraud and financial information being compromised through various data breaches, we felt it was critical to offer our customers additional ways to protect themselves," said Kimberly Capps, Executive Vice President and Chief Operations Officer at Southern Bank.

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SOUTHERN BANK ANNOUNCES TOPPING OUT EVENT

AT NEW BANK HEADQUARTERS

For Immediate Release: May 5, 2015

Media Contact: Tiffany Jenkins, Senior Marketing Officer (573) 778-1863

Topping Out Celebration Planned for May 19th

Southern Bank proudly announces a Topping Out celebration for the new Southern Bank headquarters to be located on the corner of Oak Grove Road and Shelby Road in Poplar Bluff, Missouri. The celebration is scheduled for May 19th at 4:00 p.m.

"It's a tradition in construction to mark the point when the last steel beam is placed at the top of a new structure. We'd like for the community to join us in celebrating this milestone of the new Southern Bank headquarters and as a reflection of our community's continued growth," said Greg Steffens, President and Chief Executive Officer of Southern Bank.

The Topping Out celebration will begin at 4:00 p.m. and be held at the construction site of the new Southern Bank headquarters on the corner of Oak Grove Road and Shelby Road. Speakers from the bank and the business community will speak to honor the occasion, with flags being placed at the top of the steel structure.

"Our continued success depends on the support of the communities we serve, therefore we want to share our progress with the community." said Steffens.

Southern Bank was originally chartered in 1887 as a mutual institution in Poplar Bluff. Since then, Southern Bank has celebrated many milestones including expansion into neighboring communities, converting from a mutual ownership to a publicly traded stock company, and acquisitions of financial institutions in Missouri and Arkansas. The bank's most recent acquisition was Peoples Bank of the Ozarks, which included 10 facilities in southwest Missouri. When completed, the new Southern Bank will be considered the headquarters for the bank's now 35 branches spread across Southern Missouri and Northern Arkansas.

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SOUTHERN BANK NAMED TOP COMMUNITY BANK

For Immediate Release: April 1, 2015

CONTACT: Matt Funke, CFO (573) 778-1809

Southern Bank announced today that it was included in the 2014 edition of SNL Financial's annual listing of top 100 community banks. Among all publicly-traded community banks in the United States, Southern Bank's 2014 performance was ranked 10th. Among all public and privately owned community banks in the listing, Southern Bank was ranked 63rd. Southern Bank is a subsidiary of Southern Missouri Bancorp, Inc., which trades under the ticker "SMBC" on the NASDAQ Global Market. Information which may be of interest to current or potential investors is available at http://investors.bankwithsouthern.com.

From its 1887 founding as a building and loan association, Southern Bank has grown to a full-service commercial bank focused on pairing community bank service with the latest technology in delivering financial services to its valued customers. The bank operates 35 physical banking facilities in Missouri and Arkansas, and also makes electronic banking services available through its website at http://www.bankwithsouthern.com.

Southern Bank was selected by SNL Financial based on criteria including its profitability, asset quality, efficiency, and loan growth. This marks the fifth consecutive year that Southern Bank has been included in SNL's annual listing of top community banks.

At December 31, 2014, Southern Bank reported assets of $1.3 billion, up from $941 million a year earlier. The loan portfolio of $1.0 billion grew 36% from the year prior. During 2014, Southern Bank added three locations in Arkansas via its merger with Citizens State Bank, and added ten locations in Missouri when it merged with Peoples Bank of the Ozarks.

SNL Financial is a leading provider of news and data on a number of industries, including banking, financial services, insurance, real estate, energy, and media/communications. Leading investment banks, investment managers, corporate executives, rating agencies, government agencies, consulting firms, and media rely on SNL to provide the best possible information on companies in the sectors they cover.


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Southern Missouri Bancorp Celebrates 20 Years on NASDQ

For Immediate Release: 4/15/14

Media Contact: Tiffany Jenkins, Senior Marketing Officer (573) 778-1863

Southern Missouri Bancorp, Inc. (Nasdaq: SMBC), the parent company of Southern Bank, celebrated its 20th year listed as a publicly-traded stock company on NASDAQ. Southern Missouri Bancorp's initial public offering was April 13, 1994. To commemorate the occasion, Southern Missouri Bancorp was featured on the NASDQ Display Tower in Time Square, New York City, New York.

Southern Bank has served the financial needs of America's Heartland for more than 125 years, making it one of the oldest financial institutions headquartered in the region. Originally chartered in 1887 as a mutual institution, Southern Bank's founders deposited $100,000 in the Poplar Bluff Loan and Building in order to provide financing to families in the community to buy or build a home.

Southern Bank is now a $1 billion financial institution, with 25 locations in Missouri and Arkansas. With the announcement in February of its agreement to add another 10 facilities in southwest Missouri through the acquisition of Peoples Bank of the Ozarks, Southern Bank continues to grow.