OneUnited Bank is closing two of its Los Angeles branches and seeking a new location for its Boston headquarters, the bank said recently.

The Ladera and Pasadena branches the bank is seeking to eliminate make up a quarter of its total branch network. OneUnited said in a statement that it would maintain its Miami branch and its Crenshaw Boulevard branch in Los Angeles. In addition to its Financial District headquarters, OneUnited also maintains branches in Roxbury and Dorchester.

In a statement, bank leadership framed the reconfiguration as banking “for the future,” citing declining foot traffic and a desire to increase its digital presence as reasons for the move. OneUnited also emphasized its black leadership and status as a minority-owned depository institution, but not long ago, the bank angered some community members when it threatened to auction off the main building of the Charles Street African Methodist Episcopal Church when the church was unable to repay a construction loan. The church filed for bankruptcy in 2012 and the case is still unresolved.

OneUnited also earned a “needs to improve” on its latest CRA examination, with regulators concluding that its lending efforts in Boston and Miami were “less than reasonable.” The bank also still owes bailout money it received in 2008.

Last year, the $649 million bank’s net income fell to $48,000 from $830,000 in 2014. Its ROA over that time period also dropped from 0.13 percent to 0.01 percent.