UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Initial Filing
Southwest Bancorp, Inc.
(Name of Issuer)
Common Stock, $1.00 par value
(Title of Class of Securities)
844767103
(CUSIP Number)
July 12, 2000
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
/_/ Rule 13d-1(b)
/X/ Rule 13d-1(c)
/_/ Rule 13d-1(d)
*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
("Act") 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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SCHEDULE 13G
CUSIP No. 844767103
-----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Banc Fund III L.P.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /x/
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.
--------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 9,643
OWNED BY
EACH REPORTING 6 SHARED VOTING POWER
PERSON WITH
0
7 SOLE DISPOSITIVE POWER
0
8 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
9,643
<PAGE>
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* /X/
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
.25%
12 TYPE OF REPORTING PERSON*
PN
--------------------------------------------------------------------------------
<PAGE>
SCHEDULE 13G
CUSIP No. 844767103
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Banc Fund III Trust
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /x/
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.
--------- ---------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 29,557
OWNED BY
EACH 6 SHARED VOTING POWER
REPORTING
PERSON
WITH 0
7 SOLE DISPOSITIVE POWER
0
8 SHARED DISPOSITIVE POWER
0
------------------------ -------- --------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
29,557
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* /X/
<PAGE>
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
.77 %
12 TYPE OF REPORTING PERSON*
OO
------------------------------- ----------------------------------------------
<PAGE>
SCHEDULE 13G
CUSIP No. 844767103
------------------------------------------------ --------------------- --------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (OPTIONAL)
Banc Fund IV L. P.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /x/
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.
--------- ---------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY 49,771
EACH
REPORTING 6 SHARED VOTING POWER
PERSON
WITH 0
7 SOLE DISPOSITIVE POWER
0
8 SHARED DISPOSITIVE POWER
0
------------------------ -------- --------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
49,771
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* /X/
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.30 %
12 TYPE OF REPORTING PERSON*
PN
------------------------------- ----------------------------------------------
<PAGE>
SCHEDULE 13G
CUSIP No. 844767103
------------------------------------------------ --------------------- --------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Banc Fund V L.P.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /x/
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.
--------- ---------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY 103,929
EACH
REPORTING 6 SHARED VOTING POWER
PERSON
WITH
0
7 SOLE DISPOSITIVE POWER
0
8 SHARED DISPOSITIVE POWER
0
------------------------ -------- --------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
103,929
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* /X/
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.72%
12 TYPE OF REPORTING PERSON*
PN
------------------------------- ----------------------------------------------
<PAGE>
Item 1 (a) Name of Issuer: Southwest Bancorp, Inc.
Item 1 (b) Address of Issuer's Principal Executive Offices: 608 South
Main Street, Stillwater, Oklahoma 74074
Item 2(a) Name of Person Filing:
This Schedule 13G is being filed jointly by Banc Fund III L.P. ("BF
III"), an Illinois Limited Partnership, Bank Fund III Trust ("T III"), Banc Fund
IV L.P. ("BF IV"), an Illinois Limited Partnership, Banc Fund IV Trust ("T IV"),
and Banc Fund V L.P. ("BF V") an Illinois Limited Partnership (collectively, the
"Reporting Persons").
The general partner of BF III is MidBanc III L.P. ("MidBanc III"),
whose principal business is to be a general partner of BF III. The general
partner of BF IV is MidBanc IV L.P. ("MidBanc IV"), whose principal business is
to be a general partner of BF IV. The general partner of BF V is MidBanc V L.P.
("MidBanc V"), whose principal business is to be a general partner of BF V.
MidBanc III, IV, and V are Illinois limited partnerships.
The general partner of MidBanc III is ChiCorp Management III, Inc.
("Management III"), whose principal business is to be a general partner of
MidBanc III. The general partner of MidBanc IV is ChiCorp Management IV, Inc.
("Management IV"), whose principal business is to be a general partner of
MidBanc IV. The general partner of MidBanc V is The Banc Funds Company, L.L.C.,
Inc. ("TBFC"), whose principal business is to be a general partner of MidBanc V.
Management III, IV, and TBFC are Illinois corporations.
The sole stockholder of Management III and IV is TBFC, an Illinois limited
liability company which is controlled by Charles J. Moore. Mr. Moore has been
the manager of the investment decisions for each of BF III, BF IV, BF V, T III,
and T IV since their respective inceptions. As manager, Mr. Moore has voting and
dispositive power over the securities of the issuer held by each of those
entities. As the controlling member of TBFC, Mr. Moore will control Management
III IV, and TBFC, and therefore each of the Partnership entities directly and
indirectly controlled by each of Management III, IV and TBFC.
The investment manager of T III and T IV is TBFC under an Investment
Management Agreement with each Trust. Charles J. Moore, as portfolio manager for
T III and T IV, has voting an dispositive power over the issuer's securities
held by such trusts.
Item 2 (b) Address of Principal Business Office:
208 S. LaSalle Street, Chicago, IL 60604.
Item 2 (c) Citizenship: United States
Item 2 (d) Title of Class of Securities: Common Stock
Item 2 (e) CUSIP Number:844767103
Item 3 If this statement is being filed pursuant to Rule 13d-1(b)or
13d-2(b), check whether the person filing is an:
(a)[ ] Broker or Dealer registered under Section 15 of the Act (b)[ ]
Bank as defined in section 3(a)(6) of the Act (c)[ ] Insurance Company
as defined in section 3(a)(19) of the Act (d)[ ] Investment Company
registered under section 8 of the Investment
Company Act of 1940
(e)[ ] An Investment Adviser in accordance with Rule 13d-1(b)(1)(ii)(E)
(f)[ ] An Employee Benefit Plan or Endowment Fund in accordance with
Rule 13d-1(b)(1)(ii)(F)
(g)[ ] A Parent Holding Company or Control Person in accordance with
Rule 13d-1(b)(ii)(G)
(h)[ ] A Savings Association as defined in Section 3(b) of the Federal
Deposit Insurance Act
(i)[ ] A Church Plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act of 1940
(j)[ ] Group, in accordance with 13d-1(b)(1)(ii)(J)
Item 4 Ownership:
The following information is provided as of July 21, 2000:
(a) Amount Beneficially Owned: 192,900 shares
(b) Percent of Class: 5.06%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the
vote: 192,900
(ii) shared power to vote or to direct
the vote: 0
(iii) sole power to dispose or to direct
the disposition of: 0
(iv) shared power to dispose or to direct
the disposition of: 0
Item 5 Ownership of Five Percent or Less of a Class:
Not Applicable.
Item 6 Ownership of More than Five Percent on Behalf of Another
Person:
Not Applicable.
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company:
Not Applicable.
Item 8 Identification and Classification of Members of the Group:
Not Applicable.
Item 9 Notice of Dissolution of Group:
Not Applicable.
Item 10 Certification:
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
<PAGE>
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.
Date: July 21, 2000
BANC FUND III L.P.
By MIDBANC III L.P.,
general partner
By CHICORP MANAGEMENT III, INC.,
general partner
By The Banc Funds Company, L.L.C.,
Owner
By /s/ Charles J. Moore
Charles J. Moore, President
BANK FUND III TRUST
By THE BANC FUNDS COMPANY, L.L.C.,
Investment Manager
By /s/ Charles J. Moore
Charles J. Moore, President
BANC FUND IV L.P.
By MIDBANC IV L.P.,
general partner
By CHICORP MANAGEMENT IV, INC.,
general partner
By The Banc Funds Company, L.L.C.,
Owner
By /s/ Charles J. Moore
Charles J. Moore, President
BANC FUND IV TRUST
By THE BANC FUNDS COMPANY, L.L.C.,
Investment Manager
By /s/ Charles J. Moore
Charles J. Moore, President
BANC FUND V L.P.
By MIDBANC V L.P.,
general partner
By The Banc Funds Company, L.L.C.,
general partner
By The Banc Funds Company, L.L.C., Owner
By /s/ Charles J. Moore
Charles J. Moore, President
<PAGE>
