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 (4.0) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.7 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 12.9 and a capital leverage ratio of 11.4. A current level of 7.3 percent of nonperforming loans to core capital combined with 2.1 percent from a year earlier contributes to the Good asset quality (5.6).
Asset Mix:
Comm re (26%), comm loans (17%), securities (10%), home mtgs (7%), cash (5%), other (35%)
States with Branches:
TX
Corporate Info
Veritex Holdings, Inc.
8214 Westchester Drive
Dallas, TX 75225
Dallas, TX 75225
(214) 270-1430
2004
Largest Affiliates
No affiliate information available.