What are Southwest Bancorp Inc's Business Segments?
Banking Segments – Our banking segments include Oklahoma Banking, which
includes the Stillwater division, the Central Oklahoma division based in Oklahoma
City, the Tulsa division, and the Colorado division based in Denver; Texas Banking,
which includes the Dallas division, the Fort Worth division, the Austin division,
and the San Antonio division; and Kansas Banking, which includes the Wichita division
and the Hutchinson division. Emphasizing both commercial and consumer lending,
the Stillwater division, Hutchinson division, and Denver division serve their
respective markets as full-service community banks. The other seven divisions
pursue a more focused marketing strategy, targeting managers, professionals, and
businesses for lending, and offering more specialized services. All of the regional
divisions focus on commercial and consumer financial services to local businesses
and their senior employees and to other managers and professionals living and
working in our market areas. We originate and produce mortgages in our Stillwater,
Oklahoma City, Tulsa, Austin, Wichita, and Denver divisions. Mortgage operations
are managed through our home office located in Stillwater, Oklahoma. We originate
conventional, jumbo, Federal Housing Administration ("FHA"), Veterans'
Administration ("VA"), and other types of first mortgage loans for sale
to the Federal National Mortgage Association (“FNMA”) or private investors.
Servicing on these loans may be released or retained in connection with the sale.
Support and Control Functions – Support and control functions are centralized,
although each segment has support and control personnel. Costs of centrally managed
support and control functions other than funds management (which is included in
the Other Operations segment) are allocated to the Banking segments. Our philosophy
of customer service extends to our support and control functions. We manage and
offer products that are technology based, or that otherwise are more efficiently
offered centrally through our home office. These include products that are marketed
through the regional offices, such as our internet banking product for commercial
and retail customers (Bank SNB DirectBanker®), commercial information, and
item processing services (Bank SNB Digital Lockbox). Our technology products are
marketed to existing customers and to help develop new customer relationships.
Use of these products by customers enables us to serve our customers more effectively,
use our resources more efficiently, and increase our fee income.
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