Risk factors
Southern Missouri Bancorp (SMBC) risk factors
Item 1A of every Southern Missouri Bancorp, Inc. 10-K on file, and what changed from one year to the next.
- FY2026 10-K risk factors
37 risks, 5 new, 2 dropped, 8 reworded since the prior year. New risks broaden credit exposure warnings to CECL estimates, agricultural collateral, commercial real estate concentration, climate events, and cybersecurity.
Filed Sep 11, 2026 - FY2025 10-K risk factors
34 risks, 6 reworded since the prior year. Updates show agricultural real estate loans grew to $245.0 million representing 6.1% of net loans.
Filed Sep 11, 2025 - FY2024 10-K risk factors
34 risks. This being the initial filing, the risk section is dominated by credit concentration in commercial and real estate loans, interest rate sensitivity, regulatory compliance, and cybersecurity threats.
Filed Sep 13, 2024