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

- - 69,700

Cash and cash equivalents 37,569 45,678 99,242

Investment securities:

Held to maturity. Fair value:

$8,411 $5,838 $4,286 8,339 5,838 4,332

Available for sale. Amortized

cost: $212,937 $236,707

$258,678 216,272 237,358 257,329

Federal Reserve and FHLB Stock,

at cost 13,216 13,116 12,445

Loans held for sale 66,364 66,275 108,025

Loans receivable 2,287,606 2,145,557 1,667,195

Less: Allowance for loan losses (29,950) (29,584) (27,728)

Net loans receivable 2,257,656 2,115,973 1,639,467

Accrued interest receivable 15,631 23,117 21,774

Premises and equipment, net 24,006 24,323 21,945

Other real estate owned 3,328 2,679 1,869

Goodwill 7,071 7,064 1,213

Other intangible assets, net 4,205 4,580 2,981

Other assets 18,185 18,297 23,557

Total assets $2,671,842 $2,564,298 $2,194,179

Liabilities and shareholders' equity

Deposits:

Noninterest-bearing demand $248,315 $257,067 $251,777

Interest-bearing demand 71,450 63,323 63,741

Money market accounts 553,850 541,950 394,668

Savings accounts 13,808 13,032 11,196

Time deposits of $100,000 or more 690,421 690,985 646,668

Other time deposits 517,083 492,222 435,131

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

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