Exhibit 99.1

NASB Financial, Inc.

NEWS RELEASE


Contact:		Rhonda Nyhus
		NASB Financial, Inc.
		12498 South 71 Highway
		Grandview, MO 64030
		Phone (816) 765-2200

FOR IMMEDIATE RELEASE:

NASB Financial, Inc. Announces Financial Results

Grandview, Missouri (August 8, 2014) - NASB Financial, Inc. (NASDAQ: NASB) announced today net income for the quarter ended June 30, 2014, of $4,588,000 or $0.58 per share. This compares to net income of $6,181,000 or $0.79 per share for the quarter ended March 31, 2014, and compares to net income of $1,775,000 or $0.23 per share for the quarter ended June 30, 2013.

Included in the results for the quarter ended March 31, 2014 is a negative provision for loan losses of $5.0 million to reduce the Bank’s Allowance for Loan and Lease Losses (“ALLL”) consistent with the Bank’s ALLL methodology. The negative provision was based primarily on notable improvement in the Bank’s credit quality and improvement in the real estate markets in which the Bank operates. Excluding the after tax impact of the negative loan loss provisions, net income for the quarter ended March 31, 2014, would have been $2,931,000 or $0.37 per share.

Net income for the nine months ended June 30, 2014, was $12,768,000 or $1.62 per share, which included a negative provision for loan losses of $5.0 million recorded in the March 2014 quarter. This compares to net income of $21,110,000 or $2.68 per share for the nine months ended June 30, 2013, which included a negative provision for loan losses of $9.6 million.

Excluding the after tax impact of the negative loan loss provision, net income would have been $9,518,000 or $1.21 per share for the nine months ended June 30, 2014, as compared to $15,206,000 or $1.93 per share for the nine months ended June 30, 2013.

Non-interest income was $26,945,000 for the nine month period ended June 30, 2014, compared to $46,459,000 for the nine month period ended June 30, 2013. This decrease was primarily the result of lower residential loan origination volume in the Bank’s mortgage banking division.

NASB Financial, Inc. is a unitary thrift holding company for North American Savings Bank, F.S.B. (“North American” or the “Bank”). As of June 30, 2014, the Bank’s Tier 1 leverage ratio and total risk-based capital ratio was 17.4% and 24.2%, respectively.

North American operates six offices in greater Kansas City, Missouri and others in Harrisonville, St. Joseph, and Excelsior Springs, Missouri. The Bank, a nationwide residential mortgage lender, also has loan origination offices in greater Kansas City, Missouri.

(Financial Highlights Schedule Attached)

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NASB Financial, Inc.

Financial Highlights

(Dollars in thousands, except per share data)


	Three Months Ended									Nine Months Ended
	6/30/14			3/31/14			6/30/13			6/30/14			6/30/13
EARNINGS DATA:
Net interest income	$	11,110			10,689			10,273			32,688			32,345
Provision for loan losses		—			(5,000	)		—			(5,000	)		(9,600	)
Non-interest income		10,879			8,765			10,997			26,945			46,459
Non-interest expense		14,930			14,945			18,384			44,995			54,079
Income tax expense (benefit)		2,471			3,328			1,111			6,870			13,215

Net income (loss)	$	4,588			6,181			1,775			12,768			21,110

FINANCIAL CONDITION DATA:
Total assets	$	1,206,935			1,184,745			1,142,405			1,206,935			1,142,405
Total loans and mortgage-backed and related securities		849,805			820,600			790,463			849,805			790,463
Customer and brokered deposit accounts		744,406			755,204			801,348			744,406			801,348
Stockholders’ equity		205,526			200,374			190,575			205,526			190,575
FINANCIAL RATIOS AND PER SHARE DATA:
Book value per share	$	26.12			25.47			24.22			26.12			24.22
Earnings (loss) per share		0.58			0.79			0.23			1.62			2.68
Cash dividends paid per share		0.10			0.60			—			0.70			—
Return on assets (annualized net income divided by total average assets)		1.53	%		2.09	%		0.61	%		1.45	%		2.36	%
Return on equity (annualized net income divided by average stockholders’ equity)		9.04	%		12.60	%		3.73	%		8.49	%		15.55	%
Weighted average shares outstanding		7,867,614			7,867,614			7,867,614			7,867,614			7,867,614

NASB FINANCIAL INC 8-K