 Poplar Bluff, Missouri, April 25, 2022 GLOBE NEWSWIRE -- Southern Missouri Bancorp, Inc. Company NASDAQ: SMBC, the parent corporation of Southern Bank Bank, today announced preliminary net income for the third quarter of fiscal 2022 of 9.4 million, a decrease of 2.1 million, or 18.4, as compared to the same period of the prior fiscal year. The decrease was attributable to an increase in noninterest expense and provision for credit losses, partially offset by increases in net interest income and noninterest income, and by a decrease in provision for income taxes. Preliminary net income was 1.03 per fully diluted common share for the third quarter of fiscal 2022, a decrease of .24 as compared to the 1.27 per fully diluted common share reported for the same period of the prior fiscal year. Provision for credit losses and noninterest expense were impacted by one-time charges associated with the merger of Fortune Financial Corporation Fortune with and into the Company, completed in late February 2022. 