Attached files
| file | filename |
|---|---|
| EX-31.1 - EXHIBIT 31.1 - SOUTHERN MISSOURI BANCORP, INC. | tmb-20200630xex31d1.htm |
| 10-K - FORM 10-K - SOUTHERN MISSOURI BANCORP, INC. | tmb-20200630x10k.htm |
| EX-32 - EXHIBIT 32 - SOUTHERN MISSOURI BANCORP, INC. | tmb-20200630xex32.htm |
| EX-31.2 - EXHIBIT 31.2 - SOUTHERN MISSOURI BANCORP, INC. | tmb-20200630xex31d2.htm |
| EX-23 - EXHIBIT 23 - SOUTHERN MISSOURI BANCORP, INC. | tmb-20200630xex23.htm |
| EX-21 - EXHIBIT 21 - SOUTHERN MISSOURI BANCORP, INC. | tmb-20200630xex21.htm |
| EX-10.2 - EXHIBIT 10.2 - SOUTHERN MISSOURI BANCORP, INC. | tmb-20200630xex10d2.htm |
| EX-4 - EXHIBIT 4 - SOUTHERN MISSOURI BANCORP, INC. | tmb-20200630xex4.htm |
EXHIBIT 10.1
Named Executive Officer Salary and Bonus Arrangements for 2020
Base Salaries
The base salaries for fiscal 2020, which are effective as of June 30, 2020, for the executive officers (the "named executive officers") of Southern Missouri Bancorp, Inc. (the "Company"), who will be named in the compensation table that will appear in the Company's upcoming 2020 Annual Meeting proxy statement are as follows:
Name and Title |
| Base Salary | |
Greg A. Steffens | | $ | 392,000 |
President and Chief Executive Officer, | | | |
Southern Missouri Bancorp, Inc., and Southern Bank | | | |
| | | |
Matthew T. Funke | | | 230,000 |
Executive Vice-President and Chief Financial Officer, | | | |
Southern Missouri Bancorp, Inc., and Southern Bank | | | |
| | | |
Justin G. Cox | | | 225,000 |
Regional President, | | | |
Southern Missouri Bancorp., Inc., and Southern Bank | | | |
| | | |
Mark E. Hecker | | | 245,500 |
Executive Vice-President and Chief Credit Officer | | | |
Southern Missouri Bancorp, Inc., and Southern Bank | | | |
| | | |
Rick A. Windes | | | 240,000 |
Executive Vice-President and Chief Lending Officer | | | |
Southern Missouri Bancorp, Inc., and Southern Bank | | | |
Description of 2020 Bonus Arrangement
The Company does not have a formal cash bonus plan in place for named executive officers. For fiscal 2020, fiscal 2019, and fiscal 2018, all executive officers received cash bonuses. In determining the amount of cash bonuses to award, the compensation committee and board of directors primarily consider the Company’s results in comparison to business plan targets for such measures as return on equity, earnings per share growth, net interest margin, noninterest income, and noninterest expense, as well as accomplishment of strategic objectives such as growth, entry to new markets, capitalization, and other factors.
Additional information about the 2020 bonus compensation is incorporated herein by reference from the Company's definitive proxy statement for its Annual Meeting of Stockholders to be held in October 2020, a copy of which will be filed not later than 120 days after the close of the fiscal year.