Securities and Exchange Commission
                              Washington, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  January 25, 2001
                                                   ----------------

                             Southwest Bancorp, Inc.
--------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


      Oklahoma                       0-23064                     73-1136584
--------------------------------------------------------------------------------
(State or other jurisdiction     (Commission file              (IRS Employer
of incorporation)                    number)              Identification Number)


608 South Main Street, Stillwater, Oklahoma  74074
--------------------------------------------------------------------------------
(Address of Principal Executive Offices)     (Zip Code)


Registrant's telephone number, including area code:  (405) 372-2230
                                                     --------------


<PAGE>



Item 5. Other Events.
---------------------

Today  Southwest  Bancorp,  Inc.  announced  that its  nonperforming  assets  at
December  31,  2000  were  $13,265,000  instead  of the  $14,471,000  previously
reported.  The overstatement of nonperforming assets was the result of an error,
now corrected,  in compiling past due consumer loans at December 31, 2000. Loans
past due by 90 days or more and  still  accruing  at  December  31,  2000,  were
$208,000  rather than the  $1,414,000  previously  reported.  The  following are
corrected ratios as of December 31, 2000:  Nonperforming loans to total loans of
1.32%;  Allowance  for loan losses as a  percentage  of  nonperforming  loans of
100.71%;  Nonperforming  assets as a  percentage  of total  loans and other real
estate of 1.45%.

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
--------------------------------------------------------------------------------

(a)      Financial Statements. Not applicable.
(b)      Pro Forma Financial Information.  Not applicable.
(c)      Exhibits. Not applicable.

                                   Signatures

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                          Southwest Bancorp, Inc.

                                          By   /s/ Rick J. Green
                                          ------------------------------
                                          Rick J. Green, Chief Executive Officer
Dated: January 25, 2001
[{"type": "8-K", "sequence": "1", "filename": "0001.txt", "description": "FORM 8-K", "secsgml_size_bytes": 2904}]
{"company-data": {"conformed-name": "SOUTHWEST BANCORP INC", "cik": "0000914374", "assigned-sic": "6035", "irs-number": "731136584", "state-of-incorporation": "OK", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-23064", "film-number": "1515090"}, "business-address": {"street1": "608 SOUTH MAIN STREET", "city": "STILLWATER", "state": "OK", "zip": "74074", "phone": "4053722230"}, "mail-address": {"street1": "608 SOUTH MAIN STREET", "city": "STILLWATER", "state": "OK", "zip": "74074"}}
Securities and Exchange Commission
                              Washington, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  January 25, 2001
                                                   ----------------

                             Southwest Bancorp, Inc.
--------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

      Oklahoma                       0-23064                     73-1136584
--------------------------------------------------------------------------------
(State or other jurisdiction     (Commission file              (IRS Employer
of incorporation)                    number)              Identification Number)

608 South Main Street, Stillwater, Oklahoma  74074
--------------------------------------------------------------------------------
(Address of Principal Executive Offices)     (Zip Code)

Registrant's telephone number, including area code:  (405) 372-2230
                                                     --------------
Item 5. Other Events.
---------------------

Today  Southwest  Bancorp,  Inc.  announced  that its  nonperforming  assets  at
December  31,  2000  were  $13,265,000  instead  of the  $14,471,000  previously
reported.  The overstatement of nonperforming assets was the result of an error,
now corrected,  in compiling past due consumer loans at December 31, 2000. Loans
past due by 90 days or more and  still  accruing  at  December  31,  2000,  were
$208,000  rather than the  $1,414,000  previously  reported.  The  following are
corrected ratios as of December 31, 2000:  Nonperforming loans to total loans of
1.32%;  Allowance  for loan losses as a  percentage  of  nonperforming  loans of
100.71%;  Nonperforming  assets as a  percentage  of total  loans and other real
estate of 1.45%.

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
--------------------------------------------------------------------------------

(a)      Financial Statements. Not applicable.
(b)      Pro Forma Financial Information.  Not applicable.
(c)      Exhibits. Not applicable.

                                   Signatures

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                          Southwest Bancorp, Inc.

                                          By   /s/ Rick J. Green
                                          ------------------------------
                                          Rick J. Green, Chief Executive Officer
Dated: January 25, 2001