v3.26.1
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets:    
Cash and due from banks $ 1,676 $ 2,255
Interest-bearing deposits in other banks 8,831 59,110
Cash and cash equivalents 10,507 61,365
Securities available-for-sale, at fair value (amortized cost of $265,371 and $219,658) 256,835 203,862
Loans receivable held for investment, net of allowance of $9,424 and $8,364 1,016,540 999,956
Accrued interest receivable 5,999 5,001
Federal Home Loan Bank (FHLB) stock 4,417 9,637
Federal Reserve Bank (FRB) stock 3,543 3,543
Office properties and equipment, net 8,732 8,899
Bank owned life insurance 23,663 3,321
Deferred tax assets, net 6,711 8,880
Core deposit intangible, net 1,460 1,775
Goodwill 0 25,858
Other assets 7,162 2,786
Total assets 1,345,569 1,334,883
Liabilities:    
Deposits 917,603 745,399
Securities sold under agreements to repurchase 80,773 66,610
Borrowings 72,000 226,888
Accrued expenses and other liabilities 12,236 10,794
Total liabilities 1,082,612 1,049,691
Stockholders' equity:    
Additional paid-in capital 143,194 142,902
(Accumulated deficit) retained earnings (15,238) 12,727
Unearned Employee Stock Ownership Plan (ESOP) shares (3,869) (4,201)
Accumulated other comprehensive loss, net of tax (6,105) (11,223)
Treasury stock-at cost, 327,228 shares at December 31, 2025 and at December 31, 2024 (5,326) (5,326)
Total Broadway Financial Corporation and Subsidiary stockholders' equity 262,751 284,973
Non-controlling interest 206 219
Total liabilities and equity 1,345,569 1,334,883
Non-Cumulative Redeemable Perpetual Preferred Stock, Series C [Member]    
Stockholders' equity:    
Preferred stock 150,000 150,000
Class A Voting Common Stock [Member]    
Stockholders' equity:    
Common stock 64 63
Class B Non-Voting Common Stock [Member]    
Stockholders' equity:    
Common stock 14 14
Class C Non-Voting Common Stock [Member]    
Stockholders' equity:    
Common stock $ 17 $ 17