Major Rating Factors:
Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.0 has resulted in Fair (4.8) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.3 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 12.8 and a capital leverage ratio of 11.2. A current level of 5.7 percent of nonperforming loans to core capital combined with 4.9 percent from a year earlier contributes to the Good asset quality (5.2).
Asset Mix:
Comm re (25%), securities (11%), comm loans (10%), home mtgs (8%), cash (6%), other (39%)
States with Branches:
TX
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Veritex Holdings, Inc.
Investment Rating
--
Address
8214 Westchester Drive
Dallas, TX 75225
Dallas, TX 75225
Phone Number
(214) 270-1430
Year Founded
2004
FDIC Number
Website
Largest Affiliates
No affiliate information available.