XML 74 R19.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Employee Benefit Plans | 12 Months Ended
--- | ---
Dec. 31, 2014
Employee Benefit Plans |
Employee Benefit Plans | Note 12—Employee Benefit Plans Broadway Federal 401(k) Plan A 401(k) benefit plan allows employee contributions for substantially all employees up to 15% of their compensation, which are matched at a rate equal to 50% of the first 6% of the compensation contributed. Expense totaled $105 thousand and $84 thousand for 2014 and 2013. ESOP Plan Employees participate in an Employee Stock Ownership Plan ("ESOP") after attaining certain age and service requirements. Upon termination of their employment with the Bank, participants will receive shares in accordance with their vested balance. Vesting occurs over seven years. The number of shares held by the ESOP and allocated to participants were 360,235 at December 31, 2014 and 87,505 at December 31, 2013. There were no shares unallocated as of December 31, 2014 and 2013. Dividends on allocated shares increase participant accounts. Compensation expense related to the ESOP was $69 thousand for 2014 and $49 thousand for 2013. Deferred Compensation Plan The Bank has a deferred compensation agreement with its former Chief Executive Officer ("Former CEO") whereby a stipulated amount will be paid to the Former CEO over a period of 15 years beginning on his retirement date in May 2013. Pursuant to the Order applicable to the Company, the Company is not permitted to make payments under this deferred compensation agreement. The amount accrued under this agreement was $1.0 million at December 31, 2014 and $992 thousand at December 31, 2013, and was accrued over the period of the Former CEO's active employment. Compensation expense was $58 thousand for 2014 and $71 thousand for 2013.

X
- Definition The entire disclosure of an entity's employee compensation and benefit plans, excluding share-based compensation and including, but not limited to, postemployment and postretirement benefit plans, defined benefit pension plans, defined contribution plans, non-qualified and supplemental benefit plans, deferred compensation, life insurance, severance, health care, unemployment and other benefit plans. + References No definition available. + Details
Name: | us-gaap_CompensationAndEmployeeBenefitPlansOtherThanShareBasedCompensationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_CompensationAndRetirementDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration