Southern Missouri Bancorp is the holding company for Southern Bank (formerly Southern Missouri Bank and Trust), which serves local residents and businesses in southeastern Missouri and northeastern Arkansas through more than 10 branches. Residential mortgages account for the largest percentage of the bank's loan portfolio, followed by commercial mortgages and business loans. Construction and consumer loans round out its lending activities. Deposit products include checking, savings and money market accounts, CDs, and IRAs. The bank also offers financial planning and investment services. Originally chartered in 1887, Southern Bank acquired Arkansas-based Southern Bank of Commerce in 2009.