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 161st largest bank in the nation. It was established in 2004 and as of September of 2019, it had grown to 663 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 - YTD1.36%
Return on Equity - YTD8.63%
Annual Interest Income$287.0MM
Assets and Liabilities
AssetsQ3 2019vs Q3 2018$7.96B$3.28B
LoansQ3 2019vs Q3 2018$5.87B$2.43B
DepositsQ3 2019vs Q3 2018$5.89B$2.70B
Equity CapitalQ3 2019vs Q3 2018$1.26B$492.0MM
Loan Loss AllowanceQ3 2019vs Q3 2018$26.2MM$17.9MM
Unbacked Noncurrent LoansQ3 2019vs Q3 2018$42.7MM$26.1MM
Real Estate OwnedQ3 2019vs Q3 2018$4.6MM$0

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