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Southwest Bancorp Reports First Quarter 2008 Earnings per Share of $0.36


Average interest-earning assets

to average interest-bearing

liabilities 119.66%

(1) Net interest margin = annualized net interest income / average

interest-earning assets



(Dollars in thousands)

For the three months ended March 31, 2007

Average Average

Balance Interest Yield/Rate


Loans $1,846,844 $40,286 8.85%

Investment securities 272,139 2,679 3.99

Other interest-earning assets 5,210 65 5.06

Total interest-earning assets 2,124,193 43,030 8.22

Other assets 81,727

Total assets $2,205,920

Liabilities and Shareholders' Equity

Interest-bearing demand deposits $60,462 $81 0.54%

Money market accounts 371,496 3,962 4.33

Savings accounts 11,106 20 0.73

Time deposits 1,078,439 13,160 4.95

Total interest-bearing deposits 1,521,503 17,223 4.59

Other borrowings 175,514 2,131 4.92

Subordinated debentures 46,393 962 8.29

Total interest-bearing

liabilities 1,743,410 20,316 4.73

Noninterest-bearing demand

deposits 238,532

Other liabilities 22,080

Shareholders' equity 201,898


SOURCE Southwest Bancorp, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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