SUBSIDIARIES OF THE REGISTRANT
State or
Other
Jurisdiction
of
Percentage Incorporation
of of
Parent Subsidiary Ownership Subsidiary
- ------------------------- ---------------- ---------- -------------
Beal Financial Corporation Beal Banc Holding 100% Delaware
Company
Beal Financial Corporation Beal Delaware Corp. 100% Delaware
Beal Financial Corporation 380 Investors, Inc. 100% Nevada
Beal Banc Holding Company Beal Bank, SSB 100% Texas
Beal Bank, SSB Beal Mortgage, Inc. 100% Texas
Beal Bank, SSB Loan Acceptance Corp. 100% Texas
Beal Bank, SSB Property Acceptance 100% Texas
Corp.
Beal Bank, SSB BRE, Inc. 100% Texas
BRE-1, Inc. BRE-N, Inc. 100% Texas
Beal Bank, SSB Beal Properties, Inc. 100% Texas
Beal Bank, SSB BRE - 3, Inc. 100% Texas
BRE-1, Inc. Beal Affordable 100% Texas
Housing, Inc.
Beal Bank, SSB BRE-2, Inc. 100% Texas
Beal Affordable Housing, Hebron Trail, Ltd.(1) 99% Texas
Inc.
Beal Affordable Housing, Lewisville Manor, 99% Texas
Inc. Ltd.(1)
Beal Affordable Housing, Valley River Trail, 99% Texas
Inc. Ltd.(1)
Beal Properties, Inc. Houston Central Green, 50% Texas
LP
Beal Bank, SSB Beal Nevada Corp. 100% Nevada
Beal Bank, SSB BRE-1, Inc. 100% Texas
Beal Bank, SSB Beal/H.S., Inc. 100% Nevada
Beal/H.S., Inc. Beal Development, 100% Texas
Ltd.(2)
BRE-2, Inc. OC One, Inc. 100% Texas
BRE-2, Inc. OC Two, Inc. 100% Texas
Beal Nevada Corp. Loan Participant 100% Texas
Partners, Ltd.(3)
(1) Beal Affordable Housing, Inc. is a 98% limited partner and Beal
Mortgage, Inc. is a 1% general partner in these entities.
(2) Beal/H.S., Inc. is a 99% limited partner and Beal Properties, Inc. is a
1% general partner.
(3) Beal Nevada Corp. is a 99% limited partner and Property Acceptance
Corp. is a 1% general partner.