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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):   October 18, 2004

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)



 


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Item 2.02. Results of Operations and Financial Condition.
Item 9.01 (c). Exhibits.
SIGNATURES
INDEX TO EXHIBITS
Press Release dated October 18, 2004


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Item 2.02. Results of Operations and Financial Condition.

On October 18, 2004, Southwest Bancorporation of Texas, Inc. issued a press release reporting its earnings results for the third fiscal quarter of 2004. The press release is attached hereto as Exhibit 99.1. In addition to results determined in accordance with generally accepted accounting principles (“GAAP”), the press release also contains noninterest income adjusted for recovery of valuation allowance on mortgage servicing rights, net, total revenue adjusted for recovery of valuation allowance on mortgage servicing rights, net, net income adjusted for core deposit intangible amortization expense, diluted cash earnings per common share, and noninterest expenses adjusted for the impact of merger-related expenses and core deposit intangible amortization expense that are considered non-GAAP financial measures as defined under Securities Exchange Commission (“SEC”) rules. Management believes that these adjustments should enhance the investors’ understanding of the Company’s core or ongoing business operations. However, these measures should be considered in addition to, and not as a substitute for, or superior to, other measures of financial performance prepared in accordance with generally accepted accounting principles as more fully discussed in our financial statements and filings with the SEC. The non-GAAP measures listed above have been reconciled to the nearest GAAP measures as is required under SEC rules regarding the use of non-GAAP financial measures.

The foregoing description is qualified by reference to Exhibit 99.1.

Item 9.01 (c). Exhibits.

     Exhibit 99.1 Press Release dated October 18, 2004.

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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 October 18, 2004  By:   /s/ LAURENCE L. LEHMAN III    
    Laurence L. Lehman III   
    Controller   
 

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INDEX TO EXHIBITS

     
Exhibit
  Description
99.1
  Press Release dated October 18, 2004.

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