Veritex Community Bank

Overview / Commentary
8214 Westchester Drive
Dallas, TX 75225

Veritex Community Bank is headquartered in Dallas and is the 11th largest bank in the state of Texas. It is also the 161st largest bank in the nation. It was established in 2004 and as of June of 2019, it had grown to 655 employees at 44 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 - YTD1.27%
Return on Equity - YTD8.08%
Annual Interest Income$191.4MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$8.01B$3.13B
LoansQ2 2019vs Q2 2018$5.91B$2.40B
DepositsQ2 2019vs Q2 2018$6.18B$2.54B
Equity CapitalQ2 2019vs Q2 2018$1.26B$480.6MM
Loan Loss AllowanceQ2 2019vs Q2 2018$24.7MM$14.8MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$53.8MM$4.9MM
Real Estate OwnedQ2 2019vs Q2 2018$1.7MM$0

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