Dallas-based community bank Veritex Holdings prices IPO at $13

Veritex Holdings, a Texas community bank with over $700 million of assets and eight branches in the Dallas MSA, raised $35 million by offering 2.7 million shares at $13, within the range of $12 to $14. At the IPO price, the company commands a fully-diluted market cap of $121 million.

Veritex Holdings will list on the NASDAQ under the symbol VBTX. Sandler O'Neill and Stephens Inc. acted as joint bookrunners on the deal.