V
Velarion™Intelligence
Sign InFree TrialBook a Walkthrough
Banking

Southern Missouri Bancorp Executive Compensation (FY25)

SMBC · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (8-K): October 23, 2025
272 figures on this page: 263 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
Greg A. Steffens was paid $690,774 in total compensation as Chairman & Chief Executive Officer for fiscal 2025, and Steffens' total was 5.7% higher than the $653,666 reported for fiscal 2024. Meanwhile, the disclosed chief executive pay ratio for fiscal 2025 is 15.9:1, against median employee compensation of $43,531. Separately, for fiscal 2025, shareholders backed the say-on-pay proposal with 91.3% of votes cast including abstentions in favor at the meeting held October 20, 2025. The company reported 5 named executive officers for fiscal 2025.
Chief executive, fiscal 2025
◇
Greg A. Steffens
Latest say-on-pay support
=
October 20, 2025
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Greg A. Steffens: $653,666 → $690,774 (5.7% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Southern Missouri Bancorp's chief executive and what were they paid?
Greg A. Steffens was paid $690,774 in total compensation as Chairman & Chief Executive Officer for fiscal 2025. Steffens' total was 5.7% higher than the $653,666 reported for fiscal 2024.
What was Southern Missouri Bancorp's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 91.3% of votes cast including abstentions in favor at the meeting held October 20, 2025.
What is Southern Missouri Bancorp's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 15.9:1, against median employee compensation of $43,531.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Greg Steffens
Chairman & Chief Executive Officer
◇◇◇◇——◇◇
Matthew Funke
President & Chief Administrative Officer
◇◇◇◇——◇◇
Justin Cox
Executive Vice-President & Chief Banking Officer
◇◇◇◇——◇◇
Rick Windes
Executive Vice-President & Chief Lending Officer
◇◇◇◇——◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Greg A. Steffens
Chairman & Chief Executive Officer
◇◇◇◇——◇◇
Matthew T. Funke
President & Chief Administrative Officer
◇◇◇◇——◇◇
Justin G. Cox
Executive Vice-President & Regional President
◇◇◇◇——◇◇
Rick A. Windes
Executive Vice-President & Chief Lending Officer
◇◇◇◇——◇◇
Mark E. Hecker
Executive Vice-President & Chief Credit Officer
◇◇◇◇——◇◇
Stefan Chkautovich
Executive Vice-President & Chief Financial Officer
◇◇◇◇——◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Greg A. Steffens
Chairman & Chief Executive Officer
◇◇◇◇——◇◇
Matthew T. Funke
President & Chief Administrative Officer
◇◇◇◇——◇◇
Justin G. Cox
Executive Vice-President & Chief Banking Officer
◇◇◇◇——◇◇
Rick A. Windes
Executive Vice-President & Chief Lending Officer
◇◇◇◇——◇◇
Stefan Chkautovich
Executive Vice-President & Chief Financial Officer
◇◇◇◇——◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Greg A. SteffensOPTION◇——◇—◇◇
Greg A. SteffensPSU◇◇◇—◇—◇
Justin G. CoxOPTION◇——◇—◇◇
Justin G. CoxPSU◇◇◇—◇—◇
Matthew T. FunkePSU◇◇◇—◇—◇
Matthew T. FunkeOPTION◇——◇—◇◇
Rick A. WindesPSU◇◇◇—◇—◇
Rick A. WindesOPTION◇——◇—◇◇
Stefan ChkautovichPSU◇◇◇—◇—◇
Stefan ChkautovichOPTION◇——◇—◇◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Stefan ChkautovichOption◇—◇—
Option◇—◇—
Rick A. WindesOption◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
PSU◇◇——
Option◇—◇—
Justin G. CoxOption◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
PSU◇◇——
Option◇—◇—
Matthew T. FunkeOption◇—◇—
PSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
Greg A. SteffensOption◇—◇—
PSU◇◇——
Option◇—◇—
Option◇—◇—
Option◇—◇—
Option◇—◇—
Greg SteffensRSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
David J. Tooley
◇◇——◇—◇
Charles R. Love
◇◇——◇—◇
Sammy A. Schalk
◇◇——◇—◇
L. Douglas Bagby
Lead independent director
◇◇——◇—◇
Todd E. Hensley
◇◇——◇—◇
Dennis C. Robison
◇◇——◇—◇
Rebecca M. Brooks
◇◇——◇—◇
Daniel L. Jones
◇◇————◇
David McClain
◇◇————◇
William Young
◇◇————◇
Greg A. Steffens served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Equity is delivered as Restricted Stock.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025October 20, 2025=◇◇◇
2024October 28, 2024=◇◇◇
2023October 30, 2023=◇◇◇
2021October 25, 2021=◇◇◇
2020October 26, 2020=◇◇◇
2019October 28, 2019=◇◇◇
2018October 29, 2018=◇◇◇
2017October 30, 2017=◇◇◇
2016October 31, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
Email me this page as a cited PDF
The same figures, the same citations, formatted to hand to a committee. Nothing is added that is not on this page.
Your address is used for this and nothing else. Unsubscribe in one click.
Tell me when Southern Missouri Bancorp files
You get a note when this company’s compensation data changes.
Your address is used for this and nothing else. Unsubscribe in one click.

What this page does not include

Everything above is a fact Southern Missouri Bancorp disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about access
Multiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion Intelligence
Join the list for a Velarion Pro seat
Full platform access for one person: every industry we cover, peer positioning, and the written analysis. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.
Join the list for Peer Group Review
Whether Southern Missouri Bancorp's disclosed peer group is defensible, who names Southern Missouri Bancorp back in their own benchmarking group, and how pay tracks performance across it. This is the analysis a compensation consultant delivers on the group above. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.

Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
272 figures on this page: 263 cited to the filing that reported them, 9 calculated from figures it prints.
263 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001104659-25-101810
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001104659-25-091709
    2025 Summary Compensation Table · Director Compensation · Director Compensation Table for 2025 · EXECUTIVE COMPENSATION · and 3 more sections
  3. 0001558370-24-013976
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001558370-24-012967
    2024 Summary Compensation Table
  5. 0001558370-23-017131
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001558370-23-016003
    2023 Summary Compensation Table
  7. 0001558370-21-013464
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0000927089-20-000507
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0000927089-19-000401
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000927089-18-000386
  11. 0000927089-17-000400
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0000927089-16-000987
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Southern Missouri Bancorp executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/SMBC (accessed 2026).
Short form: data: Velarion
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about Southern Missouri Bancorp and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Setup guide and the full list of questions it answers

Banking rankings

Chief executive pay — BankingCEO pay ratio — BankingSay-on-pay support — Banking

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  The Pay Desk · Methodology · Terms · Privacy