STILLWATER, Okla. – Southwest Bancorp, Inc., Tuesday reported net income for the first quarter of 2014 of $3.7 million, or 19 cents per diluted share, compared to $2.4 million, or 12-cents per diluted share, for the first quarter of 2013.
They also announced that its board approved a quarterly cash dividend of 4-cents per share payable May 16, 2014 to shareholders of record as of May 2, 2014.
Mark Funke, President and CEO, stated that these positive results and actions reflect the good work of their associates at Bank SNB and a growing customer base. He says they will continue to focus the company’s future growth through the expansion of their revenue base while prudently managing expenses.
The company has bank locations in Hutchinson and South Hutchinson.