Veritex Holdings, inc (VBTX) Q2 2021 Earnings Call Transcript

·30 min read
Veritex Holdings, inc (VBTX) Q2 2021 Earnings Call Transcript

Average mortgage warehouse balances declined 10.8% in the second quarter reflecting lower mortgage origination activity and shorter dwell times. This portfolio sits at 7% of average total loans, excluding PPP. This growth in the portfolio has been a great tool to absorb the excess liquidity generated during the pandemic.

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