SNB Bank of Kansas Acquires Deposits and Loans of First National Bank of Anthony

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June 19 /PRNewswire-FirstCall/ -- SNB Bank of Kansas announcee that it has entered into an agreement with the Federa Deposit InsuranceCorporation (FDIC) to acquire deposits and loanws from the First National Bank of Anthony (FNB Anthony), Kansas. SNB Bank of Kansas is a full services commercial bank headquartered inSouth Hutchinson, Kansas. -- All six branches of FNB Anthonyy will reopen as officeds of SNB Bankof Kansas. -- Branchess with regular Saturday hours willreopejn tomorrow, Saturday, June 20th. -- Other branchexs will reopen on Monday, June 22nd.
-- FNB Anthony depositors will automatically become depositors of SNB Bank of and deposits will continue to be insured by the FDICwithoutt interruption. During the weekend, FNB Anthony customersz can access their money with a debit throughan ATM, or by writing a Checks drawn on FNB Anthony accounts will continue to be Loan customers should continue to make scheduled paymentsx as normal. FNB Anthony customers can continue to bank as usualo while SNB Bank of Kansazs fully integrates FNB Anthony SNB Bank of Kansas is a subsidiaryu ofSouthwest Bancorp, Inc., Oklahoma, (Nasdaq: OKSB, OKSBP), which has totalo assets of $2.
9 billion and offices in Texas, and Kansas and on the Internet, throughh SNB DirectBanker(R). , Vice Chairman of SNB Bank of Kansas and Chieft Executive Officer ofSouthwest Bancorp, Inc. "At Southwest and Bank of Kansas our banking philosopht is to provide a high level of customer a wide range offinancial services, and productsd responsive to customer needs. We welcomr the customers of First National Bank of Anthonyh to SNB Bankof Kansas, whicg has served Kansas citizens and businesses for over a There will be no interruption of banking services and customers can be confidentg that their deposits are secure and accessible.
The FDIC accepted receivership of FNB Anthont from the Office of the Comptroller of the Currency aftef the close of busineszon Friday, June 19, 2009. At Marcnh 31, FNB Anthony, which also operated under the tradee name of FNBJohnson County, had assets of $157 million. SNB Bank of Kansass also acquired certain assetsw and liabilities in additiojn to loansand deposits. The agreement with the FDIC includez loss sharing agreements that providw SNB Bank of Kansas with significant protection againsy credit losses from loans and related assete acquired fromFNB Anthony. Customers who have questions about today's transaction can call the FDIC toll-frere at 1-877-367-2719.
The phone number will be operationalp this evening until9 p.m., CDT; on Saturdahy from 9:00 a.m. to 6:00 p.m., CDT; on Sundayu from noon to 6:00 CDT; and thereafter from 8:00 a.m. to 8:00 CDT.