8-K

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): February 28, 2008

Southwest Bancorp, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

Oklahoma	0-23064	73-1136584
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)
608 South Main Street, Stillwater, Oklahoma		74074
_________________________________ (Address of principal executive offices)		___________ (Zip Code)

Registrant’s telephone number, including area code: 405-372-2230

Not Applicable
______________________________________________
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01 Regulation FD Disclosure.

At its meeting of February 28, 2008, the Board of Directors of Southwest Bancorp, Inc. declared a cash dividend of $0.0950 per share on its common stock, payable April 1, 2008 to shareholders of record as of March 18, 2008. The press release announcing this dividend is attached as Exhibit 99 and is incorporated herein by reference,

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Southwest Bancorp, Inc.
March 3, 2008	By:	/s/ Rick Green
		Name: Rick Green
		Title: Presdient and CEO

Exhibit Index

Exhibit No.	Description
99	Press release dated March 3, 2008

EX-99

SOUTHWEST BANCORP, INC.
DECLARES DIVIDEND ON COMMON STOCK

CONTACT:
TELEPHONE:
RELEASE DATE: RICK J. GREEN, PRESIDENT & C.E.O.
KERBY E. CROWELL, EXECUTIVE VICE PRESIDENT & C.F.O.
(405) 372-2230 (800) 727-2230
MONDAY MARCH 3, 2008

STILLWATER, OK—Southwest Bancorp, Inc. (NASDAQ:OKSB), parent company of Stillwater National Bank and Trust Company, SNB Bank of Wichita, and Bank of Kansas, announces that a $0.0950 per share cash dividend on its common stock was declared for the first quarter of 2008. This represents an increase of 3% over the quarterly dividends that were paid in each of the four quarters of 2007.

This dividend will be distributed to shareholders of record as of March 18, 2008, and is payable on April 1, 2008.

Southwest Bancorp, Inc. has paid a dividend every year since it was organized in 1981, and has increased dividends each year since going public in 1993. Dividends on common stock are declared at the discretion of the board of directors.

Southwest Bancorp, Inc. is a publicly owned financial holding company with banking subsidiary offices in Oklahoma City, Stillwater, Tulsa, and Chickasha, Oklahoma; Dallas, San Antonio, Austin, and Houston, Texas; and Wichita, Kansas City, and Hutchinson, Kansas.

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