Todd Hensley to Join Southern Missouri Bancorp's Board of Directors
August 06, 2014 at 01:10 pm EDT
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Southern Missouri Bancorp Inc. completed the acquisition of lPeoples Service Company and its subsidiary Peoples Bank of the Ozarks. Following the acquisition, Peoples's chairman and CEO - Todd Hensley will join the board of directors of Southern Missouri.
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.