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Subsequent Events
6 Months Ended
Jun. 30, 2014
Subsequent Events [Abstract]  
Subsequent Events

NOTE 12:  SUBSEQUENT EVENT

 

On July 28, 2014, we announced that Bank SNB, our wholly owned banking subsidiary, intends to file an application with the State of Oklahoma State Banking Department seeking to convert from a national association to an Oklahoma state-chartered bank (the “Charter Conversion”). The Charter Conversion is expected to be completed in the third or fourth calendar quarter of 2014.  As a result, we will no longer be regulated by the Office of the Comptroller of the Currency, but will be regulated by the Oklahoma State Banking Department and the Federal Reserve Bank. This move will provide efficiencies and cost savings from lower annual assessment fees of an estimated $0.1 million.