Veritex Holdings, Inc. (VBTX)

Veritex Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,101	629.06	436.08	379.78	230.83	80.96
Investment Securities	583.33	504.88	538.21	639.54	397.32	271.48
Trading Asset Securities	7.36	20.82	36.88	9.18	28.48	4.97
Mortgage-Backed Securities	863.67	774.71	765.13	592.39	673.84	744.86
Total Investments	1,454	1,300	1,340	1,241	1,100	1,021
Gross Loans	9,667	9,593	9,502	7,395	6,786	5,921
Allowance for Loan Losses	-117.16	-109.82	-91.05	-77.75	-105.08	-29.83
Other Adjustments to Gross Loans	-8.22	-8.79	-18.97	-9.49	-2.47	-
Net Loans	9,542	9,475	9,392	7,307	6,678	5,891
Property, Plant & Equipment	114.2	125.04	125.59	126.33	129.94	131.74
Goodwill	404.45	404.45	404.45	403.77	370.84	370.84
Other Intangible Assets	32.83	28.5	38.33	48.31	58.37	69.15
Loans Held for Sale	48.5	79.07	20.64	26.01	21.41	14.08
Accrued Interest Receivable	47.39	53.31	44.04	22.01	23.8	-
Other Receivables	-	19.13	1.74	9.37	25.52	10.4
Restricted Cash	-	-	-	-	-	170.59
Long-Term Deferred Tax Assets	-	40.24	37.83	-	4.66	1.43
Other Real Estate Owned & Foreclosed	9.03	-	-	-	2.34	6
Other Long-Term Assets	241.49	186.91	212.28	121.41	103.88	118.72
Total Assets	13,043	12,394	12,154	9,757	8,821	7,955
Accounts Payable	128.54	117.16	85.3	34.76	20.84	19.74
Interest Bearing Deposits	7,275	6,807	5,629	4,202	3,588	3,104
Institutional Deposits	1,117	1,313	853.66	651.35	827.59	1,234
Non-Interest Bearing Deposits	2,644	2,218	2,641	2,511	2,097	1,557
Total Deposits	11,036	10,338	9,123	7,364	6,513	5,894
Short-Term Borrowings	33.38	48.61	64	3.74	13.92	1.94
Current Portion of Long-Term Debt	-	100	-	-	-	-
Current Portion of Leases	-	5.3	-	-	-	-
Current Income Taxes Payable	-	0.03	0.57	0.81	0.27	0.78
Accrued Interest Payable	-	-	-	-	-	6.57
Other Current Liabilities	-	0.68	0.29	0.5	0.55	-
Long-Term Debt	-	198.88	198.09	201.37	234.76	117.9
Federal Home Loan Bank Debt, Long-Term	-	-	1,175	777.56	777.72	677.87
Long-Term Leases	-	15.21	17.33	18.02	15.6	14.1
Trust Preferred Securities	230.54	30.91	30.69	30.47	30.24	30.02
Long-Term Deferred Tax Liabilities	-	-	-	2.07	-	-
Other Long-Term Liabilities	6.5	8.05	10.09	9.27	10.75	0.88
Total Liabilities	11,435	10,863	10,705	8,442	7,617	6,764
Common Stock	0.61	0.61	0.61	0.56	0.56	0.55
Additional Paid-In Capital	1,325	1,318	1,307	1,143	1,126	1,118
Retained Earnings	493.92	444.24	379.3	275.27	172.23	147.91
Treasury Stock	-171.12	-167.58	-167.58	-167.58	-152.07	-94.6
Comprehensive Income & Other	-40.33	-63.46	-69.4	64.07	56.23	19.06
Total Common Equity	1,608	1,531	1,450	1,315	1,203	1,191
Shareholders' Equity	1,608	1,531	1,450	1,315	1,203	1,191
Total Liabilities & Equity	13,043	12,394	12,154	9,757	8,821	7,955
Total Debt	263.91	398.9	1,485	1,031	1,072	841.83
Net Cash (Debt)	844.24	250.98	-1,012	-539.9	-812.94	-755.9
Net Cash Growth	247.10%	-	-	-	-	-
Net Cash Per Share	15.40	4.60	-18.76	-10.72	-16.25	-14.00
Filing Date Shares Outstanding	54.48	54.5	54.16	49.58	49.42	50.5
Total Common Shares Outstanding	54.45	54.34	54.03	49.37	49.34	51.06
Book Value Per Share	29.53	28.18	26.83	26.64	24.39	23.32
Tangible Book Value	1,171	1,098	1,007	863	774.17	750.81
Tangible Book Value Per Share	21.50	20.21	18.64	17.48	15.69	14.70

Source: S&P Capital IQ. Banks template. Financial Sources.