UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 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): AUGUST 7, 2003 SOUTHWEST BANCORPORATION OF TEXAS, INC. (Exact name of registrant as specified in charter) TEXAS 000-22007 76-0519693 (State of Incorporation) (Commission File No.) (I.R.S. Employer Identification No.) 4400 POST OAK PARKWAY HOUSTON, TEXAS 77027 (Address of Principal Executive Offices) (Zip Code) (713) 235-8800 (Registrant's Telephone Number, Including Area Code) ITEM 5. OTHER EVENTS. On August 7, 2003 Southwest Bancorporation of Texas, Inc. (the "Company") issued a press release announcing that Scott J. McLean has been elected President of Southwest Bank of Texas N.A. and its parent company, Southwest Bancorporation of Texas, Inc. The Company also announced that it would begin paying dividends. The first dividend will be five cents per share and will be paid September 15, 2003 to shareholders of record on September 1, 2003. ITEM 7 (c). EXHIBITS. Exhibit 99.1 Press Release dated August 7, 2003. 2 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 BANCORPORATION OF TEXAS, INC Dated: August 7, 2003 By: /s/ Laurence L. Lehman III --------------------------------- Laurence L. Lehman III Controller 3 INDEX TO EXHIBITS Exhibit Description ------- ----------------------------------- 99.1 Press Release dated August 7, 2003. 4