What Southern Missouri Bancorp, Inc. told the SEC could break it.

About 55.9% of net loans are commercial real estate and commercial business loans to small/mid-sized businesses in the Bank's primary Missouri market area — businesses with heightened vulnerability to local economic conditions.

“At June 30, 2025, 55.9% of our loans, net, consisted of commercial real estate, excluding construction as previously mentioned above, and commercial business loans to small and mid-sized businesses, generally located in our primary market area, which are the types of businesses that have a heightened vulnerability to local economic conditions.”

Commercial real estate loans were $1.8B, or 43.8% of net loans receivable, at June 30, 2025 (plus 10.4% multi-family); CRE carries greater credit risk with large single-borrower balances.

“At June 30, 2025, the Bank had $1.8 billion in commercial real estate loans, which represented 43.8% of net loans receivable.”

Climate change and related natural-disaster events could harm the regional economy, the Bank's customers and the communities it serves, with a potential material adverse effect on results.

“the effects of climate change may negatively impact regional and local economic activity, which could lead to an adverse effect on our customers and impact the communities in which we operate. Overall, climate change, its effects and the resulting, unknown impact could have a material adverse effect on our financial condition and results of operations.”

The Bank's agricultural real estate lending is exposed to unique risks including commodity prices, crop yields, input costs, weather and farmland/equipment values.

“Risks to agricultural lending include unique factors such as commodity prices, yields, input costs, and weather, as well as farmland and farm equipment values.”