EXHIBIT 21
SUBSIDIARIES OF REGISTRANT
SUBSIDIARIES OF THE REGISTRANT
State or Other
Jurisdiction
Percentage of of Incorporation
Parent Subsidiary Ownership of Subsidiary
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Beal Financial Corporation Beal Banc Holding Company 100% Delaware
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 Corp. 100% Texas
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 Foreign Lending Corp. 100% Texas
BRE-1, Inc. Beal Affordable Housing, Inc. 100% Texas
Beal Bank, SSB BRE-2, Inc. 100% Texas
Beal Delaware Corp. Beal Business Trust 100% Delaware
Beal Affordable Housing, Inc. Hebron Trail, Ltd.(1) 99% Texas
Beal Affordable Housing, Inc. Lewisville Manor, Ltd.(1) 99% Texas
Beal Affordable Housing, Inc. Valley River Trail, Ltd.(1) 99% Texas
Beal Properties, Inc. Houston Central Green, LP 50% Texas
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, Ltd.(2) 100% Texas
BRE-2, Inc. OC One, Inc. 100% Texas
BRE-2, Inc. OC Two, Inc. 100% Texas
Beal Nevada Corp. Loan Participant Parners, Ltd.(3) 100% Texas
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(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 98% 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.