Veritex Community Bank

Overview / Commentary
8214 Westchester Drive
Dallas, TX 75225

Veritex Community Bank is headquartered in Dallas and is the 12th largest bank in the state of Texas. It is also the 154th largest bank in the nation. It was established in 2004 and as of March of 2022, it had grown to 725 employees at 33 locations. Veritex Community Bank has an A+ health rating.


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Health Grade Components

FDIC Certificate #57665
Year Established2004
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.42%
Return on Equity - YTD9.13%
Annual Interest Income$80.4MM
Assets and Liabilities
AssetsQ1 2022vs Q1 2021$10.45B$9.23B
LoansQ1 2022vs Q1 2021$7.63B$6.88B
DepositsQ1 2022vs Q1 2021$7.92B$7.03B
Equity CapitalQ1 2022vs Q1 2021$1.64B$1.37B
Loan Loss AllowanceQ1 2022vs Q1 2021$72.5MM$104.9MM
Unbacked Noncurrent LoansQ1 2022vs Q1 2021$31.4MM$108.2MM
Real Estate OwnedQ1 2022vs Q1 2021$1.0MM$2.3MM

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