v3.26.1
Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Interest income:    
Interest and fees on loans receivable $ 53,049 $ 50,544
Interest on available-for-sale securities 6,412 7,034
Other interest income 1,821 6,368
Total interest income 61,282 63,946
Interest expense:    
Interest on deposits 19,930 13,183
Interest on borrowings 8,205 18,994
Total interest expense 28,135 32,177
Net interest income 33,147 31,769
Provision for credit losses 2,186 660
Net interest income after provision for credit losses 30,961 31,109
Non-interest income:    
Service charges 184 155
Grants 275 280
Other 1,293 1,119
Total non-interest income 1,752 1,554
Non-interest expense:    
Compensation and benefits 18,838 17,562
Occupancy expense 2,037 1,858
Information services 3,011 2,763
Professional services 3,008 3,449
Supervisory costs 687 785
Corporate insurance 271 234
Amortization of core deposit intangible 315 336
Operational loss 100 0
Goodwill impairment 25,858 0
Other 3,058 2,907
Total non-interest expense 57,183 29,894
(Loss) Income before income taxes (24,470) 2,769
Income tax expense 338 815
Net (loss) income (24,808) 1,954
Less: Net (loss) income attributable to non-controlling interest (13) 25
Net (loss) income attributable to Broadway Financial Corporation (24,795) 1,929
Less: Preferred stock dividends 3,000 1,567
Net (loss) income attributable to common stockholders (27,795) 362
Other comprehensive (loss) income, net of tax:    
Unrealized gains on securities available-for-sale arising during the period 7,260 3,232
Income tax effect 2,142 930
Other comprehensive income, net of tax 5,118 2,302
Comprehensive (loss) income $ (22,677) $ 2,664
(Loss) Earnings per common share-basic (in dollars per share) $ (3.23) $ 0.04
(Loss) Earnings per common share-diluted (in dollars per share) $ (3.23) $ 0.04