[X]
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ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
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[ ]
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TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
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A.
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Full title of the plan and the address of the plan, if different from that of the issuer named below:
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B.
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Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:
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Report of Independent Registered Public Accounting Firm
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1
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Financial Statements
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Statements of Net Assets Available for Benefits
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2
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Statement of Changes in Net Assets Available for Benefits
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3
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Notes to Financial Statements
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4
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Supplemental Schedule
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Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
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13
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2014
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2013
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|||||||
Investments, At Fair Value
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$
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12,670,670
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$
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8,490,138
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||||
Receivables
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||||||||
Notes receivable from participants
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177,619
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108,665
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||||||
Participants' contributions
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-
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17,944
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||||||
Employer's contributions
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302,219
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316,683
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||||||
479,838
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443,292
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|||||||
Net Assets Available for Benefits
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$
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13,150,508
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$
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8,933,430
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Investment Income
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||||
Net appreciation in fair value of investments
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$
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2,774,437
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||
Interest and dividends
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292,798
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|||
Net investment income
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3,067,235
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|||
Interest Income on Notes Receivable from Participants
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5,227
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|||
Contributions
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||||
Participants
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318,687
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|||
Employer
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545,923
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|||
Rollovers
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809,384
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|||
Total contributions
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1,673,994
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|||
Total additions
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4,746,456
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|||
Deductions
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||||
Benefits paid to participants
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528,635
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|||
Administrative fees
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725
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|||
Total deductions
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529,378
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|||
Net Increase
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4,217,078
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Net Assets Available for Benefits, Beginning of Year
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8,933,430
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|||
Net Assets Available for Benefits, End of Year
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$
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13,150,508
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Note 1: | Description of the Plan |
Note 2: | Summary of Significant Accounting Policies |
Note 3: | Investments |
2014
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2013
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|||||||
Mutual funds
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||||||||
Bond funds
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$
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290,351
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$
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255,738
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||||
Balanced funds
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174,495
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90,757
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||||||
Growth & income funds
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998,170
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652,400
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||||||
Growth funds
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2,062,578
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1,445,192
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||||||
Target date funds
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1,234,922
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336,416
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||||||
Company security – Southern Missouri Bancorp, Inc. Common Stock
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7,714,114
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5,524,450
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||||||
Money market fund
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185,712
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185,174
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||||||
Cash – Southern Missouri Bancorp Awaiting Stock Purchase Fund
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10,328
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11
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||||||
$
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12,670,670
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$
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8,490,138
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2014
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||||
Mutual funds
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$
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575,624
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||
Company security
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2,198,813
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|||
$
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2,774,437
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2014
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2013
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|||||||
Southern Missouri Bancorp, Inc. Common Stock
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$
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7,714,114
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$
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5,524,450
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Note 4: | Party-in-Interest Transactions |
Note 5: | Fair Value of Plan Assets |
Level 1 | Quoted prices in active markets for identical assets |
Level 2 | Observable inputs other than Level 1 prices, such as quoted prices for similar assets; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets |
Level 3 | Unobservable inputs that are supported by little or no market activity and significant to the fair value of the assets |
June 30, 2014
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||||||||||||||||
Fair Value Measurements Using
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||||||||||||||||
Fair Value
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Quoted Prices in Active Markets for Identical Assets
(Level 1)
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Significant Other Observable Inputs
(Level 2)
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Significant Unobservable Inputs
(Level 3)
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|||||||||||||
Company security
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$
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7,714,114
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$
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7,714,114
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$
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-
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$
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-
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||||||||
Mutual funds
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||||||||||||||||
Bond funds
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290,351
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290,351
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-
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-
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||||||||||||
Balanced funds
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174,495
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174,495
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-
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-
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||||||||||||
Growth & income funds
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998,170
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998,170
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-
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-
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||||||||||||
Growth funds
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2,062,578
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2,062,578
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-
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-
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||||||||||||
Target date funds
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1,234,922
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1,234,922
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-
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-
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||||||||||||
Money market fund
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185,712
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185,712
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-
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-
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June 30, 2013
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||||||||||||||||
Fair Value Measurements Using
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||||||||||||||||
Fair Value
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Quoted Prices in Active Markets for Identical Assets
(Level 1)
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Significant Other Observable Inputs
(Level 2)
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Significant Unobservable Inputs
(Level 3)
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|||||||||||||
Company security
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$
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5,524,450
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$
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5,524,450
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$
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-
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$
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-
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||||||||
Mutual funds
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||||||||||||||||
Bond funds
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255,738
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255,738
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-
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-
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||||||||||||
Balanced funds
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90,757
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90,757
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-
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-
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||||||||||||
Growth & income funds
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652,400
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652,400
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-
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-
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||||||||||||
Growth funds
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1,445,192
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1,445,192
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-
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-
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||||||||||||
Target date funds
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336,416
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336,416
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-
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-
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||||||||||||
Money market fund
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185,174
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185,174
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-
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-
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Note 6: | Reconciliation of Financial Statements to Form 5500 |
2014
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2013
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|||||||
Net assets available for benefits per the financial statements
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$
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13,150,508
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$
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8,933,430
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||||
Less: participants' contributions receivable
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-
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17,944
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||||||
Less: employer's contributions receivable
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302,219
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316,683
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||||||
Net assets available for benefits per Form 5500
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$
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12,848,289
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$
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8,598,803
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2014
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Contributions per the financial statements
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$
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1,661,481
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Add: Employer's contributions receivable at June 30, 2013
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316,683
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Add: Participants' contributions receivable at June 30, 2013
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17,944
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Less: Employer's contributions receivable at June 30, 2014
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(302,219
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)
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Contributions per Form 5500
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$
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1,693,889
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Investment Type and Issuer
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Description of Investment
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Current Value
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||||||||||
*
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American Funds Money Market Fund
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185,712
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shares
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$
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185,712
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|||||||
Mutual Funds
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||||||||||||
*
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American Funds Bond Fund of America
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5,600
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shares
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71,571
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||||||||
*
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American Funds Intermediate Bond Fund of America
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16,122
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shares
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218,780
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||||||||
*
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American Funds Income Fund of America
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2,471
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shares
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53,514
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||||||||
Franklin Income Fund
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4,800
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shares
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12,192
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|||||||||
*
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American Funds American Balanced Fund
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4,303
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shares
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108,789
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||||||||
Invesco Van Kampen Comstock Fund
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8,473
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shares
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213,182
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Templeton Growth Fund
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1,473
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shares
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38,370
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|||||||||
*
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American Funds Fundamental Investors
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4,089
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shares
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220,128
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||||||||
*
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American Funds Investment Company of America
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13,386
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shares
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526,490
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||||||||
*
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American Funds Growth Fund of America
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9,815
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shares
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440,123
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||||||||
*
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American Funds New Perspective Fund
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6,926
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shares
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263,806
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||||||||
*
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American Funds New World Fund
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4,355
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shares
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266,136
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||||||||
Putnam Voyager Fund
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348
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shares
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11,354
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|||||||||
Victory Established Value Fund
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16,205
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shares
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594,902
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|||||||||
Franklin Small Cap Growth Fund
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25,592
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shares
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486,257
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|||||||||
*
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American Funds 2010 Target Date Fund
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3,660
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shares
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38,908
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||||||||
*
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American Funds 2015 Target Date Fund
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1,695
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shares
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19,052
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||||||||
*
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American Funds 2020 Target Date Fund
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45,413
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shares
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533,608
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||||||||
*
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American Funds 2025 Target Date Fund
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11,307
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shares
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141,116
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||||||||
*
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American Funds 2030 Target Date Fund
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9,501
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shares
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123,417
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||||||||
*
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American Funds 2035 Target Date Fund
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14,068
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shares
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182,886
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||||||||
*
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American Funds 2040 Target Date Fund
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9,815
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shares
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129,464
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||||||||
*
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American Funds 2045 Target Date Fund
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2,383
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shares
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31,412
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||||||||
*
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American Funds 2050 Target Date Fund
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1,757
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shares
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22,742
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||||||||
*
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American Funds 2055 Target Date Fund
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778
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shares
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12,317
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||||||||
*
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Southern Missouri Bancorp, Inc. Common Stock (SMBC)
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213,687
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shares
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7,714,114
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||||||||
*
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Cash - SMBC Awaiting Purchase Fund
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10,328
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||||||||||
*
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Notes Receivable from Participants
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Various maturity dates through 2019; interest rates of 4.25%
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177,619
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|||||||||
$
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12,848,289
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|||||||||||
* Party-in-interest
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||||||||||||
SOUTHERN BANK 401(k) RETIREMENT PLAN | ||
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By: | Southern Bank, as Plan Administrator | |
Date December 29, 2014
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By: |
/s/ Matt Funke
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Name: |
Matt Funke
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Title: |
Chief Financial Officer
|
|
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