Veritex Community Bank (merged into The Huntington National Bank)
Veritex Community Bank reported total assets of $12.7 bn at Q3 2025, its last Call Report before it merged into The Huntington National Bank. The CET1 capital ratio at Veritex Community Bank was 11.78%, and the uninsured share of Veritex Community Bank was 45.56%. Source: FDIC Call Reports.
Key takeaways
- Since , Veritex Community Bank has taken over 3 institutions; the latest was Green Bank, National Association on (FDIC Call Reports).
What sets Veritex Community Bank apart
How large is Veritex Community Bank?
The balance sheet of Veritex Community Bank at : assets $12.7 bn, deposits $10.8 bn, net loans $9.5 bn (loans equal to 88.25% of deposits). Securities make up 10.5% of total assets at Veritex Community Bank. Since , when Veritex Community Bank held $1.1 bn, its assets grew 1,025.0%. In the year to , deposits at Veritex Community Bank fell 2.2% while its total assets fell 2.1%. At , Veritex Community Bank employed 858 full-time equivalent staff across 34 offices, about $14.8 mn of assets per employee and $318.1 mn of deposits per office.
How much funding at Veritex Community Bank is uninsured?
At Veritex Community Bank, uninsured deposits (above the FDIC limit) made up 45.56% of domestic deposits at (+1.53 pp on a year earlier). In dollars, Veritex Community Bank estimated $4.9 bn of uninsured deposits.
Key facts, Q3 2025
| Metric | Value | A year earlier | US rank |
|---|---|---|---|
| Total deposits | $10.8 bn | $11.1 bn (Q3 2024) | |
| Net loans and leases | $9.5 bn | $9.6 bn (Q3 2024) | |
| Loan-to-deposit ratio | 88.25% | 86.70% (Q3 2024) | |
| Tier 1 leverage ratio | 11.22% | 11.13% (Q3 2024) | |
| Total risk-based capital ratio | 12.86% | 13.34% (Q3 2024) | |
| Net interest margin | 3.40% | 3.40% (Q3 2024) | |
| Return on assets (ROA) | 0.89% | 0.96% (Q3 2024) | |
| Efficiency ratio | 58.98% | 55.50% (Q3 2024) | |
| Unrealized gain/loss on held-to-maturity securities | Loss of $20.3 mn | Widened by $1.2 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $40.5 mn | Narrowed by $13.9 mn | |
| Noncurrent loans to total loans | 1.17% | 0.60% (Q3 2024) | |
| Net charge-offs to average loans | 0.21% | 0.17% (Q3 2024) |
US rank of Veritex Community Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Veritex Community Bank: assets, deposits and loans
- Total assets $12.7bn
- Deposits $10.8bn
- Net loans $9.5bn
Capital and securities
The CET1 ratio of Veritex Community Bank stood at 11.78% in , -0.55 pp year on year. Low and high at Veritex Community Bank since : 10.36% () to 12.52% (). Equity capital of Veritex Community Bank at : $1.8 bn, or 13.9% of total assets. Veritex Community Bank also reported a total capital ratio of 12.86% for , and a tier 1 leverage ratio of 11.22%.
On held-to-maturity securities, Veritex Community Bank carried an unrealized loss of $20.3 mn at , equal to 1.2% of equity capital. The loss widened by $1.2 mn over the year. Its deepest point: $33.7 mn in . The available-for-sale portfolio of Veritex Community Bank showed an unrealized loss of $40.5 mn at ; the loss narrowed by $13.9 mn over the year.
Veritex Community Bank: capital ratios
- Total capital 13%
- CET1 12%
- Tier 1 leverage 11%
Veritex Community Bank: unrealized securities gains and losses
- Available for sale -$41mn
- Held to maturity -$20mn
Profitability and loan quality
For the year to , Veritex Community Bank earned a return on equity of 6.45%; return on assets: 0.89%. Net interest margin at Veritex Community Bank: 3.40%, +0.00 pp in a year. Veritex Community Bank net income: $84.2 mn, down 7.2% year on year. The efficiency ratio of Veritex Community Bank was 58.98%: about 59 cents cost per revenue dollar, against 58 cents at the median peer.
At , noncurrent loans were 1.17% of total loans at Veritex Community Bank; net charge-offs: 0.21% of average loans. Gross loans and leases at Veritex Community Bank: $9.7 bn at , against $9.7 bn at .
Veritex Community Bank: profitability
- Return on equity 6.5%
- Net interest margin 3.4%
- Return on assets 0.9%
Peer group of Veritex Community Bank
The peer group of Veritex Community Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 2 share the charter type of Veritex Community Bank (state member bank) and 1 has its head office in Texas. Against them, Veritex Community Bank shows CET1 ratio 11.78% against a peer median of 15.30%, return on equity 6.45% against a peer median of 8.88% and uninsured deposit share 45.56% against a peer median of 28.85%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| ConnectOne Bank | State nonmember bank | NJ | $14.0 bn | 12.37% | 4.48% | 43.61% | |
| Toyota Financial Savings Bank | State nonmember bank | NV | $13.9 bn | 15.67% | 3.41% | 17.46% | |
| First Bank | State member bank | NC | $12.7 bn | 15.17% | 8.38% | 40.25% | |
| Veritex Community Bank | State member bank | TX | $12.7 bn | 11.78% | 6.45% | 45.56% | |
| Comenity Capital Bank | State nonmember bank | UT | $12.7 bn | 15.44% | 13.88% | 6.22% | |
| PlainsCapital Bank | State member bank | TX | $12.6 bn | 14.81% | 9.38% | 53.29% | |
| BMW Bank of North America | State nonmember bank | UT | $12.5 bn | 15.57% | 15.71% | 4.03% | |
. FDIC Call Reports.
Last eight quarters
Two years at Veritex Community Bank, to : assets $12.4 bn to $12.7 bn, deposits $10.4 bn to $10.8 bn, equity $1.7 bn to $1.8 bn. Staff 820 to 858; offices 32 to 34.
| Metric | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $12.4 bn | $12.7 bn | $12.6 bn | $13.0 bn | $12.7 bn | $12.6 bn | $12.5 bn | $12.7 bn |
| Total deposits | $10.4 bn | $10.7 bn | $10.8 bn | $11.1 bn | $10.8 bn | $10.7 bn | $10.5 bn | $10.8 bn |
| Bank equity capital | $1.7 bn | $1.7 bn | $1.7 bn | $1.8 bn | $1.8 bn | $1.7 bn | $1.7 bn | $1.8 bn |
| CET1 ratio | 12.03% | 12.02% | 11.85% | 12.33% | 12.52% | 11.81% | 11.78% | 11.78% |
| Return on equity (ROE) | 7.06% | 6.23% | 6.64% | 7.00% | 6.83% | 7.22% | 7.41% | 6.45% |
| Uninsured share of domestic deposits | 44.81% | 44.70% | 43.61% | 44.03% | 45.38% | 46.54% | 46.64% | 45.56% |
| Full-time equivalent employees | 820 | 817 | 850 | 865 | 862 | 866 | 868 | 858 |
| Number of offices | 32 | 32 | 33 | 34 | 34 | 34 | 34 | 34 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Veritex Community Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed Sovereign Bank (FDIC certificate 57787).
- . Absorbed Liberty Bank (FDIC certificate 26457).
- . Absorbed Green Bank, National Association (FDIC certificate 35007).
- . Merged into The Huntington National Bank (FDIC certificate 6560).
Large one-quarter moves at Veritex Community Bank
- Total assets at Veritex Community Bank changed by +65.4% in the quarter to 2017-09-30: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Sovereign Bank.
- Total assets at Veritex Community Bank changed by +147.2% in the quarter to 2019-03-31: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Green Bank, National Association.
Questions and identifiers
What were the total assets of Veritex Community Bank?
Veritex Community Bank reported $12.7 bn at in its Call Report.
Is Veritex Community Bank the same as its holding company?
No. This page covers Veritex Community Bank, FDIC certificate 57665; VERITEX HOLDINGS INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Veritex Community Bank profitable?
Veritex Community Bank reported net income of $84.2 mn for the year to ; annualized return on equity: 6.45%. So yes: Veritex Community Bank made a profit over these months.
When is data for Veritex Community Bank next updated?
Veritex Community Bank no longer files Call Reports; its data ends at .
Where can I check the figures for Veritex Community Bank?
In the FDIC BankFind Suite record for certificate 57665, and in the Call Reports of Veritex Community Bank (RSSD ID 3221468) at the FFIEC Central Data Repository.