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 AND EXCHANGE ACT OF 1934




         DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): DECEMBER 9,
                             2002 (DECEMBER 5, 2002)




                         TEXAS CAPITAL BANCSHARES, INC.
                              (Name of Registrant)




           DELAWARE                   000-30533              75-2671109
(State or other jurisdiction of      (Commission          (I.R.S. Employer
 incorporation or organization)      File Number)       Identification Number)



             2100 MCKINNEY AVENUE, SUITE 900, DALLAS, TEXAS, U.S.A.
                    (Address of principal executive officers)


                                      75201
                                   (Zip Code)




                                  214-932-6600
                         (Registrant's telephone number,
                              including area code)




                                       N/A
                 (Former address of principal executive offices)








ITEM 5.           OTHER EVENTS.

         On December 5, 2002, Texas Capital Bancshares, Inc. (the "Company")
transmitted a letter to each of its stockholders regarding the ongoing
development of the Company's business. The text of the letter is attached hereto
as Exhibit 99.1.

                           FORWARD-LOOKING STATEMENTS

         The information in this report contains forward-looking statements
within the meaning of Section 27A of the United States Securities Act of 1933
and Section 21E of the United States Securities and Exchange Act of 1934. Such
statements are based upon current expectations that involve risks and
uncertainties that may be outside of our control. Any statements contained
herein that are not statements of historical fact may be deemed to be
forward-looking statements. For example, words such as "may," "will," "should,"
"estimates," "predicts," "potential," "continue," "strategy," "believes,"
"anticipates," "plans," "expects," "intends," and similar expressions are
intended to identify forward-looking statements. Our actual results and the
timing of certain events may differ significantly from the results discussed in
the forward-looking statement.


ITEM 7.           FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
                  EXHIBITS.

         (c)      Exhibits

                  99.1  Letter to stockholders of Texas Capital Bancshares, Inc.
                        dated December 2002






                                    SIGNATURE


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



Date:  December 9, 2002             TEXAS CAPITAL BANCSHARES, INC.


                                    By: /s/ Gregory B. Hultgren
                                        --------------------------------------
                                        Gregory B. Hultgren
                                        Chief Financial Officer






                                  EXHIBIT INDEX




EXHIBIT                     DESCRIPTION
-------                     -----------
                         
99.1                        Letter to stockholders of Texas Capital Bancshares, Inc. dated December 2002.