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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Assets:    
Cash and due from banks $ 3,232 $ 5,460
Interest-bearing deposits in other banks 93,847 99,735
Cash and cash equivalents 97,079 105,195
Securities available-for-sale, at fair value (amortized cost of $251,545 and $335,978) 238,489 316,950
Loans receivable held for investment, net of allowance of $8,527 and $7,348 966,788 880,457
Accrued interest receivable 5,744 4,938
Federal Home Loan Bank ("FHLB") stock 10,292 10,156
Federal Reserve Bank ("FRB") stock 3,543 3,543
Office properties and equipment, net 9,467 9,840
Bank owned life insurance, net 3,309 3,275
Deferred tax assets, net 8,415 9,538
Core deposit intangible, net 1,859 2,111
Goodwill 25,858 25,858
Other assets 2,212 3,543
Total assets 1,373,055 1,375,404
Liabilities:    
Deposits 672,248 682,635
Securities sold under agreements to repurchase 89,798 73,475
FHLB advances 208,568 209,319
Bank Term Funding Program ("BTFP") borrowing 100,000 100,000
Notes payable 0 14,000
Accrued expenses and other liabilities 15,850 13,878
Total liabilities 1,086,464 1,093,307
Additional paid-in capital 141,998 142,601
Retained earnings 13,179 12,552
Unearned Employee Stock Ownership Plan ("ESOP") shares (4,275) (4,492)
Accumulated other comprehensive loss, net of tax (9,278) (13,525)
Treasury stock-at cost, 327,228 shares at September 30, 2024 and at December 31, 2023 (5,326) (5,326)
Total Broadway Financial Corporation and Subsidiary stockholders' equity 286,392 281,903
Non-controlling interest 199 194
Total liabilities and stockholders' equity 1,373,055 1,375,404
Non-Cumulative Redeemable Perpetual Preferred Stock, Series C [Member]    
Liabilities:    
Preferred stock 150,000 150,000
Class A Voting Common Stock [Member]    
Liabilities:    
Common stock 63 62
Class B Non-Voting Common Stock [Member]    
Liabilities:    
Common stock 14 14
Class C Non-Voting Common Stock [Member]    
Liabilities:    
Common stock $ 17 $ 17