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Southwest Bancorp Reports First Quarter 2008 Earnings per Share of $0.36
Date:4/17/2008

Total liabilities and

shareholders' equity $2,205,920

Net interest income and spread $22,714 3.49%

Net interest margin (1) 4.34%

Average interest-earning assets

to average interest-bearing

liabilities 121.84%

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

interest-earning assets

SOUTHWEST BANCORP, INC. Table 5

UNAUDITED SUMMARY FINANCIAL DATA

(Dollars in thousands except per share)

2008 2007

Mar. 31 Dec. 31 Sep. 30 Jun. 30 Mar. 31

OPERATIONS

Interest income:

Loans $40,610 $43,549 $42,346 $39,578 $40,286

Investment securities 2,336 2,713 2,816 2,847 2,679

Other interest-earning

assets 28 35 39 115 65

Total interest income 42,974 46,297 45,201 42,540 43,030

Interest expense:

Interest bearing

demand deposits 141 94 82 98 81

Money market accounts 4,528 5,370 5,589 4,743 3,962

Savings accounts 22 22 24 21 20

Time deposits of

$100,000 or more 7,865 7,873 7,445 7,781 8,132

Other time deposits 5,698 5,840 5,684 5,250 5,028

Total interest-bearing

deposits 18,254 19,199 18,824 17,893 17,223

Other borrowings 2,029 2,620 1,715 1,089 2,131

Subordinated debentures 884 971 986 975 962

Total interest

expense 21,167 22,790
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SOURCE Southwest Bancorp, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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