<ARTICLE> 9 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SOUTHWEST BANCORP'S QUARTERLY REPORT ON FORM 10-Q FOR THE QUARTER ENDED MARCH 31, 1997, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 28,212 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 15,800 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 64,897 <INVESTMENTS-CARRYING> 84,787 <INVESTMENTS-MARKET> 84,598 <LOANS> 676,499 <ALLOWANCE> 8,484 <TOTAL-ASSETS> 887,809 <DEPOSITS> 814,537 <SHORT-TERM> 1,500 <LIABILITIES-OTHER> 7,233 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 690 <COMMON> 3,767 <OTHER-SE> 60,082 <TOTAL-LIABILITIES-AND-EQUITY> 887,809 <INTEREST-LOAN> 15,516 <INTEREST-INVEST> 2,254 <INTEREST-OTHER> 81 <INTEREST-TOTAL> 17,851 <INTEREST-DEPOSIT> 9,189 <INTEREST-EXPENSE> 9,259 <INTEREST-INCOME-NET> 8,592 <LOAN-LOSSES> 3,001 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 6,359 <INCOME-PRETAX> 646 <INCOME-PRE-EXTRAORDINARY> 646 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 460 <EPS-PRIMARY> 0.02 <EPS-DILUTED> 0.02 <YIELD-ACTUAL> 8.79 <LOANS-NON> 4,745 <LOANS-PAST> 1,748 <LOANS-TROUBLED> 568 <LOANS-PROBLEM> 20,734 <ALLOWANCE-OPEN> 7,139 <CHARGE-OFFS> 1,772 <RECOVERIES> 116 <ALLOWANCE-CLOSE> 8,484 <ALLOWANCE-DOMESTIC> 8,484 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 1,131