Veritex Community Bank

Overview / Commentary
8214 Westchester Drive
Dallas, TX 75225

Veritex Community Bank is headquartered in Dallas and is the 13th largest bank in the state of Texas. It is also the 162nd largest bank in the nation. It was established in 2004 and as of March of 2020, it had grown to 653 employees at 43 locations. Veritex Community Bank has a B+ health rating.


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Health Grade Components

FDIC Certificate #57665
Year Established2004
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.29%
Return on Equity - YTD1.85%
Annual Interest Income$87.0MM
Assets and Liabilities
AssetsQ1 2020vs Q1 2019$8.53B$7.93B
LoansQ1 2020vs Q1 2019$6.14B$5.84B
DepositsQ1 2020vs Q1 2019$5.81B$6.38B
Equity CapitalQ1 2020vs Q1 2019$1.28B$1.23B
Loan Loss AllowanceQ1 2020vs Q1 2019$101.0MM$21.6MM
Unbacked Noncurrent LoansQ1 2020vs Q1 2019$102.1MM$44.2MM
Real Estate OwnedQ1 2020vs Q1 2019$7.7MM$0

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