Alliance Bank
Culver City, CA · Owner: Alliance Bancshares California
$1.1B
total assets, December 31, 2008
$1.1B
total assets, December 31, 2008
Alliance Bank was a state nonmember bank in Culver City, CA, owned by Alliance Bancshares California. It failed on Feb 6, 2009, and California Bank And Trust took over its deposits. At its last report it held $1.1 billion in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2008
This bank failed
- Failed on
- Feb 6, 2009
- Assets
- $1.1B
- Deposits
- $951M
- Estimated cost
- $118M
- Deposits went to
- California Bank And Trust, San Diego, CA
Total assets
$1.1B
+4.5% in a year · +0.2% in a quarter
Deposits
$951M
+10.5% in a year · +10.9% in a quarter
Loans
$896M
-0.8% in a year · -1.7% in a quarter
Profit so far
-$65.4M
Jan 1 to Dec 31, 2008 · -1318.6% in a year
Capital ratio
1.50%
-6.55 pts in a year
Return on assets
-5.92%
-6.47 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 100 Corporate Pointe, Suite 110, Culver City, CA, 90230
- County
- Los Angeles
- Holding company
- Alliance Bancshares California
- Established
- May 15, 1980
- Failed
- Feb 6, 2009
- Employees
- 121
- Branches
- 5
- Id
- b23124
Quarter by quarter
March 31, 1984 to December 31, 2008
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 Alliance Bank?
$1.1 billion in total assets and $951.1 million in deposits as of December 31, 2008, with assets up 4.5% from a year before. Its loans were $895.9 million.
How many branches does Alliance Bank have?
5 branches in California as of June 30, 2026.
Is Alliance Bank profitable?
No: it lost $65.4 million from January 1 to December 31, 2008. Its return on assets was -5.92% a year; about 1% is typical.
Who owns Alliance Bank?
Alliance Bank is owned by Alliance Bancshares California, its holding company.
When did Alliance Bank fail?
Feb 6, 2009. California Bank And Trust of San Diego, CA took over its deposits. The estimated cost of the failure was $118.1 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.