v3.26.1
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets:    
Cash and due from banks $ 2,135 $ 1,676
Interest-bearing deposits in other banks 46,770 8,831
Cash and cash equivalents 48,905 10,507
Securities available-for-sale, at fair value (amortized cost of $337,681 and $265,371) 327,030 256,835
Loans receivable held for investment, net of allowance of $10,799 and $9,424 1,126,539 1,016,540
Accrued interest receivable 6,746 5,999
Federal Home Loan Bank (“FHLB”) stock 5,464 4,417
Federal Reserve Bank (“FRB”) stock 3,543 3,543
Office properties and equipment, net 8,782 8,732
Bank owned life insurance 24,179 23,663
Deferred tax assets, net 7,312 6,711
Core deposit intangible, net 1,308 1,460
Other assets 3,891 7,162
Total assets 1,563,699 1,345,569
Liabilities:    
Deposits 1,114,651 917,603
Borrowings 94,000 72,000
Securities sold under agreements to repurchase 81,928 80,773
Accrued expenses and other liabilities 10,639 12,236
Total liabilities 1,301,218 1,082,612
Equity:    
Additional paid-in capital 143,494 143,194
Accumulated deficit (14,611) (15,238)
Unearned Employee Stock Ownership Plan (“ESOP”) shares (3,743) (3,869)
Accumulated other comprehensive loss, net of tax (7,606) (6,105)
Treasury stock-at cost, 327,228 shares at June 30, 2026 and at December 31, 2025 (5,326) (5,326)
Total Broadway Financial Corporation and Subsidiary stockholders’ equity 262,304 262,751
Non-controlling interest 177 206
Total liabilities and equity 1,563,699 1,345,569
Non-Cumulative Redeemable Perpetual Preferred Stock, Series C [Member]    
Equity:    
Preferred stock 150,000 150,000
Class A Voting Common Stock [Member]    
Equity:    
Common stock 65 64
Class B Non-Voting Common Stock [Member]    
Equity:    
Common stock 14 14
Class C Non-Voting Common Stock [Member]    
Equity:    
Common stock $ 17 $ 17