On December 31, 2013, the board of directors of Texas Capital BancShares Inc. elected C. Keith Cargill as a director to fill the vacancy created by the previously announced resignation of George F. Jones, Jr. The Company is aware of no arrangement or understanding between Mr. Cargill and any other person pursuant to which he was appointed as a director. Mr. Cargill has no direct or indirect material interest in any transaction or series of similar transactions contemplated by Item 404(a) of Regulation S-K. As an executive officer of the Company, Mr. Cargill will receive no additional compensation for serving as a member of the Board and will not serve on any committees of the Board.