BUSINESS FEED

Insider overview: Southwest Bancorp Inc.

By THOMSON FINANCIAL REPORTS on Aug 5, 2013, at 2:24 AM  Updated on 8/05/13 at 2:56 AM



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Theodore D. Crandall, chief financial officer, on Aug. 30, sold 29,850 direct shares at $97.24 a share for a total market value of $2,902,632.

Mark W. Funke, CEO, purchased 2,000 direct shares on July 26 at $15.38 a share for a total market value of $30,760.

Joe T. Shockley Jr., chief financial officer, on July 26 purchased 1,000 direct shares at between $15.45 and $15.50 a share, market value $15,480.

Russell William Teubner on July 29 bought 1,954 direct shares, between $15.41 and $15.46, market value $30,128.

For the second quarter, Southwest Bancorp, the bank holding company for Stillwater National Bank and Trust Co. and Bank of Kansas, reported that its earnings rose nearly 47 percent from the same quarter a year ago.

Quarterly net income available to common shareholders was $4.4 million, or 22 cents a diluted share.

That compared with $3.0 million, or 15 a share, in the same quarter last year.

The first six months, Southwest had a net income of $6.8 million, or 34 cents a diluted share, down from $7.1 million, or 37 cents a share, in the same period a year earlier.

BOK Financial Corp.: Charles Frederick Ball Jr., officer and director, on July 25 exercised an option for 3,345 shares at $47.05 a share for a total market value of $157,382.

Honeywell International Inc.: Adam Matteo, officer, on July 30 sold 265 direct shares at $83.19 a share, for a total market value of $22,045

Bradley T. Sheares, director, on July 29 sold 7,670 direct shares at $82.93, market value of $636,073.

The same day, Sheares exercised an option for 10,000 shares at between $36.28 and $43.47 a share for a total market value of $398,750.

Mark R. James, officer, on July 25 sold 145 direct shares at $82.91 a share for a total market value of $12,022

Krishna P. Mikkilineni, officer, sold 5,700 direct shares at $82.78 a share for a total market value of $471,846.

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Theodore D. Crandall, chief financial officer, on Aug. 30, sold 29,850 direct shares at $97.24 a share for a total market value of $2,902,632.

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