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 146th largest bank in the nation. It was established in 2004 and as of June of 2022, it had grown to 760 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 - YTD1.29%
Return on Equity - YTD8.54%
Annual Interest Income$174.0MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$11.30B$9.34B
LoansQ2 2022vs Q2 2021$8.49B$7.04B
DepositsQ2 2022vs Q2 2021$8.53B$7.09B
Equity CapitalQ2 2022vs Q2 2021$1.64B$1.42B
Loan Loss AllowanceQ2 2022vs Q2 2021$80.6MM$99.5MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$29.1MM$63.5MM
Real Estate OwnedQ2 2022vs Q2 2021$1.0MM$2.5MM

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