John Abercrombie Becomes Member of the Board of Directors of Southern Missouri
June 16, 2017 at 06:30 am EDT
Share
Southern Missouri Bancorp, Inc. (Southern Missouri), the parent corporation of Southern Bank announced that its merger with Tammcorp, Inc. (Tammcorp) and its subsidiary, Capaha Bank (Capaha), was completed June 16, 2017. In addition, Mr. John Abercrombie, Chairman and Chief Executive Officer of Capaha, became a member of the board of directors of Southern Missouri effective with the closing of the merger and will be appointed to the board of Southern Bank at the next regularly scheduled board meeting.
Southern Missouri Bancorp, Inc. is a bank holding company and the parent company of Southern Bank (Bank). The Bank is primarily engaged in providing a full range of banking and financial services to individuals and corporate customers in its market areas. The principal business of the Bank consists of attracting retail deposits from the general public and using such deposits along with wholesale funding from the Federal Home Loan Bank of Des Moines, (FHLB), and brokered deposits, to invest in one- to-four-family residential mortgage loans, mortgage loans secured by commercial real estate, commercial non-mortgage business loans, construction loans, and consumer loans. These funds are also used to purchase mortgage-backed and related securities (MBS), municipal bonds, and other permissible investments. The Bank conducts its business from its headquarters in Poplar Bluff, as well as about 62 full-service branch offices and three limited-service branch offices.
SOUTHERN MISSOURI BANCORP, INC. 
