XML 36 R25.htm IDEA: XBRL DOCUMENT
v3.19.2

Fair Value (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2019
Fair Value |
Summary of assets measured at fair value on a recurring basis |
|  | Fair Value Measurement
|  | Quoted Prices |  |  |  |  |  |
|  | in Active |  | Significant |  |  |  |
|  | Markets for |  | Other |  | Significant |  |
|  | Identical |  | Observable |  | Unobservable |  |
|  | Assets |  | Inputs |  | Inputs |  |
|  | (Level 1) |  | (Level 2) |  | (Level 3) |  | Total
|  | (In thousands)
At June 30, 2019: |  |  |  |  |  |  |  |  |  |  |  |
Securities available-for-sale - federal agency mortgage-backed |  | $ | — |  | $ | 8,875 |  | $ | — |  | $ | 8,875
Securities available-for-sale - federal agency debt |  |  | 1,995 |  |  | 3,240 |  |  | — |  |  | 5,235
At December 31, 2018: |  |  |  |  |  |  |  |  |  |  |  |
Securities available-for-sale - federal agency mortgage-backed |  | $ | — |  | $ | 9,508 |  | $ | — |  | $ | 9,508
Securities available-for-sale - federal agency debt |  |  | 1,979 |  |  | 3,235 |  |  | — |  |  | 5,214
Schedule of carrying values of assets measured at fair value on non-recurring basis |
|  | June 30, 2019 |  | December 31, 2018
|  | (In thousands)
Impaired loans carried at fair value of collateral |  | $ | 396 |  | $ | 591
Real estate owned |  |  | — |  |  | 833
Schedule of losses recognized on assets measured at fair value on non-recurring basis |
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2019 |  | 2018 |  | 2019 |  | 2018
|  | (In thousands)
Impaired loans carried at fair value of collateral |  | $ | — |  | $ | — |  | $ | — |  | $ | —
Real estate owned - church |  |  | — |  |  | 45 |  |  | 13 |  |  | 45
Total |  | $ | — |  | $ | 45 |  | $ | 13 |  | $ | 45
Schedule of valuation methodology and unobservable inputs for Level 3 assets measured at fair value on a nonrecurring basis |
|  | Valuation |  |  |  |  |  | Weighted |
|  | Technique(s) |  | Unobservable Input(s) |  | Range |  | Average |
June 30, 2019: |  |  |  |  |  |  |  |  |
Impaired loans |  | Third Party |  | Adjustment for differences |  |  |  |  |
|  | Appraisals |  | between the comparable sales |  | -3% to -1% |  | 2.53% |
Real estate owned - church |  | Third Party |  | Adjustment for differences |  |  |  |  |
|  | Appraisals |  | between the comparable sales |  | 0% |  | 0% |
December 31, 2018: |  |  |  |  |  |  |  |  |
Impaired loans |  | Third Party |  | Adjustment for differences |  |  |  |  |
|  | Appraisals |  | between the comparable sales |  | -3% to -1% |  | -2.83% |
Real estate owned - church |  | Third Party |  | Adjustment for differences |  |  |  |  |
|  | Appraisals |  | between the comparable sales |  | -11% |  | -10.85% |
Schedule of carrying amounts and estimated fair values of financial instruments |
|  |  |  | Fair Value Measurements at June 30, 2019
|  | Carrying |  |  |  |  |  |  |  |
|  | Value |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
|  | (In thousands)
Financial Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans receivable held for sale |  | $ | 26,085 |  | $ | — |  | $ | 26,085 |  | $ | — |  | $ | 26,085
Loans receivable held for investment |  |  | 355,342 |  |  | — |  |  | — |  |  | 355,826 |  |  | 355,826
Financial Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Time Deposits |  | $ | 192,856 |  | $ | — |  | $ | 192,992 |  | $ | — |  | $ | 192,992
Federal Home Loan Bank advances |  |  | 75,000 |  |  | — |  |  | 76,128 |  |  | — |  |  | 76,128
Junior subordinated debentures |  |  | 4,845 |  |  | — |  |  | — |  |  | 4,215 |  |  | 4,215
|  |  |  | Fair Value Measurements at December 31, 2018
|  | Carrying |  |  |  |  |  |  |  |
|  | Value |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
|  | (In thousands)
Financial Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans receivable held for sale |  | $ | 6,231 |  | $ | — |  | $ | 6,270 |  | $ | — |  | $ | 6,270
Loans receivable held for investment |  |  | 355,556 |  |  | — |  |  | — |  |  | 354,792 |  |  | 354,792
Financial Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Time Deposits |  | $ | 172,564 |  | $ | — |  | $ | 171,725 |  | $ | — |  | $ | 171,725
Federal Home Loan Bank advances |  |  | 70,000 |  |  | — |  |  | 69,933 |  |  | — |  |  | 69,933
Junior subordinated debentures |  |  | 5,100 |  |  | — |  |  | — |  |  | 4,481 |  |  | 4,481

X
- Definition Tabular disclosure of the amount of gains or losses recognized during the period, have arisen from the use of significant unobservable inputs (level 3) to measure the fair value of assets, liabilities, and financial instruments classified in shareholders' equity, on a non-recurring basis. + References No definition available. + Details
Name: | byfc_GainsLossesRecognizedOnAssetsMeasuredAtFairValueOnNonrecurringBasisTableTextBlock
Namespace Prefix: | byfc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19190-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19190-110258 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=109250915&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration