Southern Missouri Bancorp, Inc. (SMBC) Q3 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, and thank you for standing by. My name is Bella, and I will be your conference operator today. At this time, I would like to welcome everyone to Southern Missouri Bancorp Earnings Conference Hall. All lines having placed a mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star, then the number one on your telephone keypad. To withdraw your question, press star one again. I would now like to turn the conference over to Stephan Shikatovich, Chief Financial Officer. You may begin. Thank you, Bella. Good morning, everyone. This is Stephan Shikatovich, CFO with Southern Missouri Bank Corp. Thank you for joining us today. The purpose of this call is to review the information and data presented in our quarterly earnings release dated Wednesday, April 22, 2026, to take your questions. We may make certain forward-looking statements during today's call. and we refer you to our cautionary statement regarding forward-looking statements contained in the press release. I'm joined on the call today by Greg Steffens, our Chairman and CEO, and Matt Funke, President and Chief Administrative Officer. Matt will lead off our conversation today with some highlights from our most recent quarter and fiscal year. Thank you, Stephen. Good morning, everyone. This is Matt Funke. Thanks for joining us. I'll start off with some highlights on our financial results for the March quarter, the third quarter of our fiscal year. Quarter over quarter, our earnings and profitability were down a bit from an increase in operating expenses and a modest uptick in provision for credit losses, primarily driven by loan growth and higher reserve for pooled loans. This was partia...