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 138th largest bank in the nation. It was established in 2004 and as of March of 2024, it had grown to 817 employees at 33 locations. Veritex Community Bank has an A health rating.

Reviews (1)

Good Market Market Checking Account

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Veritex offers a money market checking now paying over 5% with unlimited checking writing. Regulation D is no longer in effect and Vertex allows unlimited check writing and the account pays money market interest rates.


Health Grade Components

FDIC Certificate #57665
Year Established2004
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.86%
Return on Equity - YTD6.23%
Annual Interest Income$184.6MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$12.66B$12.6B
LoansQ1 2024vs Q1 2023$9.65B$9.62B
DepositsQ1 2024vs Q1 2023$10.66B$9.05B
Equity CapitalQ1 2024vs Q1 2023$1.72B$1.71B
Loan Loss AllowanceQ1 2024vs Q1 2023$112MM$98.7MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$65.8MM$29.5MM
Real Estate OwnedQ1 2024vs Q1 2023$17.5MM$0

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Dallas Area

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