Business

Bank of Kansas parent sees income jump

The holding company of Bank of Kansas said today that its earnings increased to $3.3 million in the first quarter.

Stillwater, Okla.-based Southwest Bancorp said its diluted earnings per share increased to 23 cents compared to 2 cents, on net income of $296,000, in first quarter 2009.

Southwest officials said the company's earnings growth was driven by a 27 percent increase in net interest income and a 22% decrease in provision for loan losses.

The company's holdings include South Hutchinson-based Bank of Kansas, Stillwater National Bank and SNB Capital Corp.

  Comments