On July 17, 2018, the Board of Directors of Southern Missouri Bancorp, Inc. (the "Company") declared a quarterly cash dividend of $0.13, payable August 31, 2018, to stockholders of record at the close of business on August 15, 2018, marking the 97th consecutive quarterly dividend on common stock since the inception of the Company, and representing an increase of 18.2% over the quarterly dividend paid previously.

In other matters, the Company expects to release its preliminary operating results for the quarter and fiscal year ended June 30, 2018, on July 23, 2018, and expects to host a conference call to discuss the release on July 24, 2018, at 1:30 p.m., central time. The call will be available live to interested parties by calling 1-888-339-0709 in the United States (Canada: 1-855-669-9657, international: 1-412-902-4189). Participants should ask to be joined into the Southern Missouri Bancorp (SMBC) call. Telephone playback will be available beginning one hour following the conclusion of the call through August 7, 2018. The playback may be accessed by dialing 1-877-344-7529 (Canada: 1-855-669-9658, international: 1-412-317-0088), and using the conference passcode 10122687.

About SOUTHERN MISSOURI BANCORP, INC. (NASDAQ:SMBC)

Southern Missouri Bancorp, Inc. is the holding company for Southern Bank (the Bank). The principal business of the Bank consists primarily of attracting retail deposits from the public and using such deposits along with wholesale funding from the Federal Home Loan Bank of Des Moines (FHLB), and brokered deposits. The Bank offers a range of deposit instruments, such as demand deposit accounts, negotiable order of withdrawal (NOW) accounts, money market deposit accounts, saving accounts, certificates of deposit and retirement savings plans. The Bank’s lending activities consist of origination of loans secured by mortgages on one- to four-family and multifamily residential real estate, commercial and agricultural real estate, construction loans on residential and commercial properties, commercial and agricultural business loans and consumer loans. As of June 30, 2016, the Company had total assets of $1.4 billion and total deposits of $1.1 billion.