VeraBank
VeraBank reported total assets of $4.6 bn at Q2 2026, up 6.4% on a year earlier, the 300th largest of 497 banks in our US coverage. The CET1 capital ratio at VeraBank was 17.27%, and the uninsured share of VeraBank was 29.04%. Source: FDIC Call Reports.
Key takeaways
- On noncurrent loans to total loans, VeraBank slipped from 279th to 357th among 500 US banks between and (1 = lowest; FDIC Call Reports).
- Since , VeraBank has taken over 3 institutions; the latest was Panola National Bank on (FDIC Call Reports).
What sets VeraBank apart
How large is VeraBank?
The balance sheet of VeraBank at : assets $4.6 bn, deposits $4.0 bn, net loans $2.8 bn (loans equal to 68.78% of deposits). Securities make up 15.2% of total assets at VeraBank. Since , when VeraBank held $1.7 bn, its assets grew 170.3%. In the year to , deposits at VeraBank rose 5.8% while its total assets rose 6.4%. At , VeraBank employed 569 full-time equivalent staff across 43 offices, about $8.1 mn of assets per employee and $93.6 mn of deposits per office.
How much funding at VeraBank is uninsured?
At VeraBank, uninsured deposits (above the FDIC limit) made up 29.04% of domestic deposits at (+2.05 pp on a year earlier); VeraBank ranks 328th of 500 on this measure. In dollars, VeraBank estimated $1.2 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $4.0 bn | +5.8% | 286th of 499 |
| Net loans and leases | $2.8 bn | -1.5% | 334th of 500 |
| Loan-to-deposit ratio | 68.78% | -5.08 pp | 427th of 500 |
| Tier 1 leverage ratio | 11.03% | +0.55 pp | 167th of 500 |
| Total risk-based capital ratio | 18.50% | +1.51 pp | 61st of 448 |
| Net interest margin | 4.27% | +0.20 pp | 91st of 500 |
| Return on assets (ROA) | 1.61% | +0.06 pp | 124th of 500 |
| Efficiency ratio | 57.43% | -0.10 pp | 276th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $24.5 mn | Narrowed by $10.4 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $17.2 mn | Narrowed by $6.6 mn | |
| Noncurrent loans to total loans | 0.96% | +0.36 pp | 357th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.10% | +0.04 pp | 272nd of 500 (1 = lowest) |
US rank of VeraBank: 1 = highest unless marked 1 = lowest.
Balance sheet
VeraBank: assets, deposits and loans
- Total assets $4.6bn
- Deposits $4.0bn
- Net loans $2.8bn
Capital and securities
The CET1 ratio of VeraBank stood at 17.27% in , +1.53 pp year on year. Low and high at VeraBank since : 11.86% () to 17.28% (). Equity capital of VeraBank at : $522.1 mn, or 11.4% of total assets. VeraBank also reported a total capital ratio of 18.50% for , and a tier 1 leverage ratio of 11.03%.
On held-to-maturity securities, VeraBank carried an unrealized loss of $24.5 mn at , equal to 4.7% of equity capital. The loss narrowed by $10.4 mn over the year. Its deepest point: $47.2 mn in . The available-for-sale portfolio of VeraBank showed an unrealized loss of $17.2 mn at ; the loss narrowed by $6.6 mn over the year.
VeraBank: capital ratios
- Total capital 18%
- CET1 17%
- Tier 1 leverage 11%
VeraBank: unrealized securities gains and losses
- Available for sale -$17mn
- Held to maturity -$24mn
Profitability and loan quality
For the year to , VeraBank earned a return on equity of 14.09%; return on assets: 1.61%. Net interest margin at VeraBank: 4.27%, +0.20 pp in a year. VeraBank net income: $36.3 mn, up 8.6% year on year. The efficiency ratio of VeraBank was 57.43%: about 57 cents cost per revenue dollar, against 50 cents at the median peer.
At , noncurrent loans were 0.96% of total loans at VeraBank; net charge-offs: 0.10% of average loans. Gross loans and leases at VeraBank: $2.8 bn, down 1.5% in a year.
VeraBank: profitability
- Return on equity 14%
- Net interest margin 4.3%
- Return on assets 1.6%
Peer group of VeraBank
The peer group of VeraBank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of VeraBank (national bank), 6 sit in the same size group ($1 bn to $10 bn) and 2 have head offices in Texas. Against them, VeraBank shows CET1 ratio 17.27% against a peer median of 15.62%, return on equity 14.09% against a peer median of 14.34% and uninsured deposit share 29.04% against a peer median of 28.20%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| The Fidelity Bank | State nonmember bank | NC | $4.7 bn | 16.56% | 17.38% | 38.22% | |
| First National Bank Texas | National bank | TX | $4.6 bn | 19.71% | 18.70% | 8.51% | |
| PeoplesBank | State-chartered stock savings bank | MA | $4.6 bn | 12.39% | 4.83% | 26.30% | |
| VeraBank | National bank | TX | $4.6 bn | 17.27% | 14.09% | 29.04% | |
| International Bank of Commerce | State nonmember bank | TX | $4.6 bn | 28.73% | 13.76% | 30.10% | |
| Hingham Institution for Savings | State-chartered stock savings bank | MA | $4.6 bn | 14.69% | 11.55% | 35.83% | |
| First State Community Bank | State nonmember bank | MO | $4.5 bn | 14.35% | 14.93% | 22.97% | |
. FDIC Call Reports.
Last eight quarters
Two years at VeraBank, to : assets +8.0%, deposits +6.5%, equity +21.6%. Staff 537 to 569; offices 40 to 43.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $4.2 bn | $4.3 bn | $4.4 bn | $4.3 bn | $4.3 bn | $4.4 bn | $4.5 bn | $4.6 bn |
| Total deposits | $3.8 bn | $3.8 bn | $3.9 bn | $3.8 bn | $3.8 bn | $3.9 bn | $4.0 bn | $4.0 bn |
| Bank equity capital | $429.4 mn | $439.7 mn | $455.2 mn | $469.4 mn | $486.8 mn | $506.1 mn | $519.6 mn | $522.1 mn |
| CET1 ratio | 14.20% | 14.81% | 15.13% | 15.74% | 16.37% | 17.05% | 17.28% | 17.27% |
| Return on equity (ROE) | 12.55% | 13.74% | 13.70% | 14.71% | 13.36% | 13.88% | 13.72% | 14.09% |
| Uninsured share of domestic deposits | 26.37% | 27.34% | 27.66% | 26.99% | 27.54% | 28.87% | 28.92% | 29.04% |
| Full-time equivalent employees | 537 | 534 | 555 | 552 | 560 | 550 | 560 | 569 |
| Number of offices | 40 | 40 | 40 | 42 | 42 | 42 | 42 | 43 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of VeraBank, oldest first; figures before and after each event are not like for like.
- . Absorbed Kilgore National Bank (FDIC certificate 35548).
- . Absorbed Union State Bank (FDIC certificate 11886).
- . Absorbed Panola National Bank (FDIC certificate 24763).
Large one-quarter moves at VeraBank
- Total assets at VeraBank changed by +26.6% in the quarter to 2018-12-31: Absorbtion - Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Union State Bank.
Questions and identifiers
What were the total assets of VeraBank?
VeraBank reported $4.6 bn at in its Call Report. That makes VeraBank the 300th largest of 497 banks in our US coverage.
Is VeraBank the same as its holding company?
No. This page covers VeraBank, FDIC certificate 3250; VERABANK INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is VeraBank profitable?
VeraBank reported net income of $36.3 mn for the year to ; annualized return on equity: 14.09%. So yes: VeraBank made a profit over these months.
When is data for VeraBank next updated?
Figures from VeraBank for are due after .
Where can I check the figures for VeraBank?
In the FDIC BankFind Suite record for certificate 3250, and in the Call Reports of VeraBank (RSSD ID 56351) at the FFIEC Central Data Repository.