Southwest Bancorp, Inc. Reports Third Quarter 2014 Results A

Publié le 25/10/2014 à 11:30 par jessicateixeira27

The Almanac - UPI.com

image Bank SNB offers commercial and consumer lending, deposit and investment services, specialized cash management, and other financial services from offices in Oklahoma, Texas, and Kansas. Bank SNB was chartered in 1894 and Southwest was organized in 1981 as the holding company. At September 30, 2014, Southwest had total assets of $1.9 billion, deposits of $1.5 billion, and shareholders' equity of $272.0 million. Southwest's area of expertise focuses on the special financial needs of healthcare and health professionals, businesses and their managers and owners, commercial lending, energy banking, and commercial real estate borrowers. The strategic focus on healthcare lending was established in 1974. Southwest and its banking subsidiary provide credit and other services, such as deposits, cash management, and document imaging for physicians and other healthcare practitioners to start or develop their practices and finance the development and purchase of medical offices, clinics, surgical care centers, hospitals, and similar facilities. As of September 30, 2014, approximately $403.8 million, or 30%, of loans were loans to individuals and businesses in the healthcare industry. Regular market reviews are conducted of (i) current and potential healthcare lending business, and (ii) the appropriate concentrations within healthcare based upon economic and regulatory conditions. Southwest's common stock is traded on the NASDAQ Global Select Market under the symbol OKSB. Caution About Forward-Looking Statements Southwest makes forward-looking statements in this news release that are subject to risks and uncertainties. These statements are intended to be covered by the safe harbor provision for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include: Statements of Southwest's goals, intentions, and expectations; Estimates of risks and of future costs and benefits; Expectations regarding Southwest's future financial performance and the financial performance of its operating segments; Expectations regarding regulatory actions; Expectations regarding Southwest's ability to utilize tax loss benefits; Assessments of loan quality, probable loan losses, and the amount and timing of loan payoffs; Estimates of the value of assets held for sale or available for sale; and Statements of Southwest's ability to achieve financial and other goals.

central time. Kris Tufto, CEO, and Dale Parker, COO and CFO, will review Image Sensing Systems' performance for the quarter. To participate, dial 888-427-9376 and reference conference ID 2023636. Please dial in at least 10 minutes prior to the call. A replay of the conference call will be available beginning at 6:45 p.m. central time on October 29, 2014 and is available until 6:45 p.m. central time on November 5, 2014. To listen to the replay, dial 888-203-1112, access code 2023636. About Image Sensing Systems Image Sensing Systems, Inc.

Image Sensing Systems Third-Quarter 2014 Earnings Conference Call Scheduled for Wednesday, October 29, 2014 - Yahoo Finance

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