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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b) (c),
AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2 (b)
(Amendment No. 5)/1/
SOUTHWEST BANCORP, INC.
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(Name of Issuer
COMMON STOCK, PAR VALUE $1.00 PER SHARE
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(Title of Class of Securities)
844767 10 3
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(CUSIP Number)
FEBRUARY 14, 1999
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[x] Rule 13d-1 (b)
[_] Rule 13d-(c)
[_] Rule 13d-1 (d)
__________
/1/ The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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CUSIP No. 844767 10 3 13G Page 2 of 5 Pages
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1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
STILLWATER NATIONAL BANK AND TRUST COMPANY
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* a
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b
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5 SOLE VOTING POWER
NUMBER OF ---------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY ---------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 18,655
PERSON WITH ---------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
220,200
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 238,855
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.87%
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12 TYPE OF REPORTING PERSON*
BK
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Page 2 of 5 Pages
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Item 1(a) Name of Issuer:
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Southwest Bancorp, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
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608 South Main Street
Stillwater, Oklahoma 74074
Item 2(a) Name of Person Filing:
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Stillwater National Bank and Trust Company
Item 2(b) Address of Principal Business Office, or if None,
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Residence:
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608 South Main Street
Stillwater, Oklahoma 74074
Item 2(c) Citizenship:
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See Row 4 of the second part of the cover page.
Item 2(d) Title of Class of Securities:
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Common Stock, par value $1.00 per share
Item 2(e) CUSIP Number:
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844767 10 3
Item 3 If this statement is filed under Rule 13d-1(b) or
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Rule 13d-2(b), check whether the person filing is a:
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(b) Bank as defined in Section 3(a)(6) of the Act.
[X]
Item 4(a) Amount Beneficially Owned: See Row 9 of the second part of the
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cover page.
Item 4(b) Percent of Class: See Row 11 of the second part of the cover page.
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Item 4(c) Number of shares as to which such person has: See Rows 5, 6, 7
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and 8 of the second part of the cover page.
Item 5 Ownership of Five Percent or Less of a Class:
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Not Applicable
Item 6 Ownership of More than Five Percent on Behalf of Another
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Person: Certain persons have the right to receive or the power
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to direct the receipt of dividends from, or the proceeds from the
sale of, the common stock, par value $1.00 per share, of Southwest
Bancorp, Inc. (the "Common Stock") reported herein. The only such
person whose interest relates to more than 5% of the outstanding
Common Stock is the George M. Berry Revocable Inter Vivos Trust,
dated May 6, 1976, Stillwater National Bank and Trust Company,
Trustee.
Item 7 Identification and Classification of the Subsidiary Which
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Acquired the Security Being Reported on by the Parent Holding
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Company: Not Applicable
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Item 8 Identification and Classification of Members of the Group:
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Not Applicable
Item 9 Notice of Dissolution of Group: Not Applicable
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Item 10 Certification: By signing below I certify that, to the best of my
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knowledge and belief, the securities referred to above were acquired
in the ordinary course of business and were not acquired for the
purpose of and do not have the effect of
Page 3 of 5 Pages
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changing or influencing the control of the issuer of such securities
and were not acquired in connection with or as a participant in any
transaction having such purpose or effect.
Page 4 of 5 Pages
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
/s/ Kerby E. Crowell March 29, 1999
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Authorized Officer Date
Stillwater National Bank and Trust
Company
Page 5 of 5 Pages
