Affinity Bank

Status:Inactive as of 08/28/2009
 Absorption - Assisted
Successor Bank:Banc of California
Headquarters:Affinity Bank
101 S. Chestnut Street
Ventura, CA 93001
Established:09/19/1982
FDIC Insurance:03/14/1988
FDIC Cert:#27197
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$1,211,431,000
Total Deposits:$905,593,000

History

1982-09-19Institution established but was not FDIC insured. Original name: San Francisco Thrift and Loan
1988-03-14Became FDIC insured.
1995-10-25Changed name to Affinity Thrift & Loan
1996-11-18Moved bank headquarters from SAN FRANCISCO, CA to VENTURA, CA
1997-09-12Changed name to Affinity Bank
1999-11-19Acquired Pacific Thrift and Loan Company (27415) in WOODLAND HILLS, CA as part of a government assisted transaction.
2001-11-16Acquired Westcoast Savings and Loan Association (32424) in SEAL BEACH, CA
2004-10-14Changed organization type to COMMERCIAL BANK
2009-08-28Failed. Acquired with government financial assistance and subsequently operated as part of Pacific Western Bank (24045)
2010-08-20Acquired Los Padres Bank (32165) in SOLVANG, CA as part of a government assisted transaction.
2010-12-20Moved bank headquarters from VENTURA, CA to LOS ANGELES, CA
2012-08-01Acquired American Perspective Bank (58614) in SAN LUIS OBISPO, CA
2013-06-01Acquired First California Bank (22819) in WESTLAKE VILLAGE, CA
2014-04-07Acquired CapitalSource Bank (58878) in LOS ANGELES, CA
2015-10-07Acquired Square 1 Bank (58021) in DURHAM, NC
2016-01-09Moved bank headquarters from LOS ANGELES, CA to BEVERLY HILLS, CA
2017-10-20Acquired California United Bank (57904) in LOS ANGELES, CA
2019-06-28Reorganized.

Financial Information (2009-06-30 and Older)