If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box o.

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

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(Page 1 of 9 Pages)

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*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

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** SEE INSTRUCTIONS BEFORE FILLING OUT!

 

 

 

 

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** SEE INSTRUCTIONS BEFORE FILLING OUT!

 

 

 

 

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** SEE INSTRUCTIONS BEFORE FILLING OUT!

 

 

 

 

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The Schedule 13D/A, filed on August 12, 2003 (the "Schedule 13D"), relating to the common stock, par value $0.01 (the "Common Stock") of Southern Missouri Bancorp, Inc. (the "Company"), whose principal executive offices are located at 531 Vine Street, Poplar Bluff, MO 63901, is hereby amended and restated by this Amendment No. 2 to the Schedule 13D as follows.

 

 

The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons." Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.

The business address of Mr. Gendell is 55 Railroad Avenue, Greenwich, Connecticut 06830.

 

 

 

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The net investment cost (including commissions, if any) of the shares of Common Stock directly owned by TFP is approximately $1,339,309.00. The net investment cost (including commissions, if any) of the shares of Common Stock directly owned by Mr. Gendell is approximately $30,784.50. TM does not directly own any shares of Common Stock.

The shares of Common Stock purchased by TFP were purchased with working capital and on margin. TFP's margin transactions are with ABN AMRO Securities LLC, on such firm's usual terms and conditions. All or part of the shares of Common Stock directly owned by TFP may from time to time be pledged with one or more banking institutions or brokerage firms as collateral for loans made by such bank(s) or brokerage firm(s) to TFP. Such loans bear interest at a rate based upon the broker's call rate from time to time in effect. Such indebtedness may be refinanced with other banks or broker-dealers.

 

 

The purpose of the acquisition of the shares of Common Stock by the Reporting Persons is for investment, and the purchases of the shares of Common Stock by the Reporting Persons were made in the ordinary course of business and were not made for the purpose of acquiring control of the Company. Although the acquisition of the shares of Common Stock by the Reporting Persons is for investment purposes, the Reporting Persons may pursue discussions with management in an effort to maximize long-term value for shareholders. Each of the Reporting Persons may make further purchases of shares of Common Stock from time to time and may dispose of any or all of the shares of Common Stock held by him or it at any time. None of the Reporting Persons has any plans or proposals which relate to, or could result in, any of the matters referred to in paragraphs (b) through (j), inclusive, of Item 4 of the Schedule 13D. Each of the Reporting Persons may, at any time and from time to time, review or reconsider his or its position and formulate plans or proposals with respect thereto, but has no present intention of doing so.

 

 

 

 

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A. Tontine Financial Partners, L.P.

(a) Aggregate number of shares beneficially owned: 173,382

Percentage: 7.76% The percentages used herein and in the rest of Item 5 are calculated based upon the 2,234,633 shares of Common Stock issued and outstanding as of May 13, 2008, as reflected in the Company's 10Q for the quarterly period ended March 31, 2008.

(b) 1. Sole power to vote or direct vote: -0-

2. Shared power to vote or direct vote: 173,382

3. Sole power to dispose or direct the disposition: -0-

4. Shared power to dispose or direct the disposition: 173,382

(c) The trading dates, number of shares of Common Stock purchased or sold and the price per share for all transactions by TFP in the Common Stock within the last sixty days, which were all in the open market, are set forth in Schedule A and are incorporated by reference.

(d) TM, the general partner of TFP, has the power to direct the affairs of TFP, including decisions respecting the receipt of dividends from, and the disposition of the proceeds from the sale of, the shares. Mr. Gendell is the managing member of TM and in that capacity directs its operations.

(e) Not applicable.

B. Tontine Management, L.L.C.

(a) Aggregate number of shares beneficially owned: 173,382

Percentage: 7.76%

(b) 1. Sole power to vote or direct vote: -0-

2. Shared power to vote or direct vote: 173,382

3. Sole power to dispose or direct the disposition: -0-

4. Shared power to dispose or direct the disposition: 173,382

(c) TM did not enter into any transactions in the Common Stock of the Company within the last sixty days. The trading dates, number of shares of Common Stock purchased or sold and the price per share for all transactions in the Common Stock within the last sixty days on behalf of TFP, which were all in the open market, are set forth in Schedule A, and are incorporated by reference.

(d) Not applicable.

(e) Not applicable.

C. Jeffrey L. Gendell

(a) Aggregate number of shares beneficially owned: 179,382

Percentage: 8.03%

(b) 1. Sole power to vote or direct vote: 6,000

2. Shared power to vote or direct vote: 179,382

3. Sole power to dispose or direct the disposition: 6,000

4. Shared power to dispose or direct the disposition: 179,382

(c) Mr. Gendell did not enter into any transactions in the Common Stock of the Company within the last sixty days. The trading dates, number of shares of Common Stock purchased or sold and the price per share for all transactions in the Common Stock within the last sixty days on behalf of TFP, which were all in the open market, are set forth in Schedule A, and are incorporated by reference.

(d) Not applicable.

(e) Not applicable.

 

 

 

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SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

Dated: June 18, 2008

 

 

 

 

 

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SCHEDULE A

Tontine Financial Partners, L.P.