Affinity Bank
Ventura, CA · Owner: Affinity Bank Holdings Inc
$1.2B
total assets, June 30, 2009
$1.2B
total assets, June 30, 2009
Affinity Bank was a state nonmember bank in Ventura, CA, owned by Affinity Bank Holdings Inc. It failed on Aug 28, 2009, and Pacific Western Bank took over its deposits. At its last report it held $1.2 billion in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2009
This bank failed
- Failed on
- Aug 28, 2009
- Assets
- $1.2B
- Deposits
- $906M
- Estimated cost
- $234M
- Deposits went to
- Pacific Western Bank, San Diego, CA
Total assets
$1.2B
-1.6% in a year · -1.4% in a quarter
Deposits
$906M
+17.0% in a year · +4.4% in a quarter
Loans
$831M
-11.0% in a year · -6.7% in a quarter
Profit so far
-$41.3M
Jan 1 to Jun 30, 2009
Capital ratio
1.49%
-5.37 pts in a year
Return on assets
-6.75%
-4.97 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 101 S. Chestnut Street, Ventura, CA, 93001
- County
- Ventura
- Holding company
- Affinity Bank Holdings Inc
- Established
- Sep 19, 1982
- Failed
- Aug 28, 2009
- Employees
- 147
- Branches
- 10
- Id
- b27197
Quarter by quarter
June 30, 1988 to June 30, 2009
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Affinity Bank?
$1.2 billion in total assets and $905.6 million in deposits as of June 30, 2009, with assets down 1.6% from a year before. Its loans were $830.6 million.
How many branches does Affinity Bank have?
10 branches in California as of June 30, 2026.
Is Affinity Bank profitable?
No: it lost $41.3 million from January 1 to June 30, 2009. Its return on assets was -6.75% a year; about 1% is typical.
Who owns Affinity Bank?
Affinity Bank is owned by Affinity Bank Holdings Inc, its holding company.
When did Affinity Bank fail?
Aug 28, 2009. Pacific Western Bank of San Diego, CA took over its deposits. The estimated cost of the failure was $234.1 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.