Southwest Bancorp (OKSB) Reports In-Line Q3 EPS

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Southwest Bancorp, Inc. Reports Another Quarter of Solid Results for Third Quarter 2015 and Announces Quarterly Dividend

October 20, 2015 5:35 PM EDT

STILLWATER, Okla., Oct. 20, 2015 (GLOBE NEWSWIRE) -- Southwest Bancorp, Inc. (NASDAQ: OKSB), (Southwest), today reported net income for the third quarter of 2015 of $4.1 million, or $0.22 per diluted share, compared to $5.3 million, or $0.27 per diluted share, for the third quarter of 2014, which included a negative (credit) provision for loan losses of $2.9 million. Net income for the nine months ended September 30, 2015 totaled $12.8 million, or $0.68 per diluted share, compared to $15.1 million, or $0.77 per diluted share, for the nine months ended September 30, 2014. Included in the prior years results was a pre-tax net gain on sale of bank branches of $4.4... More