STILLWATER, Okla. — Southwest Bancorp, Inc. reported Tuesday net income for the third quarter of $5.3 million, or $0.27 per diluted share, compared to $6.2 million, or $0.31 per diluted share, for the second quarter of 2014. Included in the second quarter of 2014 results was a pre-tax net gain of $4.4 million from the sale of three community bank branches in Anthony, Harper and Overland Park.

Net income for the nine months ended Sept. 30, 2014, and totaled $15.1 million, or $0.77 per diluted share, compared to $10.6 million, or $0.54 per diluted share, for the nine months ended Sept. 30, 2013.

Southwest announced that its board of directors has approved a quarterly cash dividend of $0.04 per share payable Nov. 14, 2014, to shareholders of record as of Oct. 31, 2014.

Southwest Bancorp is the parent company of Bank SNB with locations in Hutchinson and South Hutchinson.