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Earnings Per Share of Common Stock (Tables)
 9 Months Ended
Sep. 30, 2024
Earnings Per Share of Common Stock [Abstract]  
Basic and Diluted Earnings Per Share of Common Stock

The following table shows how the Company computed basic and diluted earnings per share of common stock for the periods indicated: 
   
Three Months Ended
September 30,
    
Nine Months Ended
September 30,
  
   
2024
    
2023
     2024     2023  
   
(In thousands, except share and per share data)
  
Net income attributable to Broadway Financial Corporation
  
$
522
    
$
91
     $ 627     $ 1,907  
Less: Net income attributable to participating securities
    
5
      
1
       4       27  
Less: Preferred stock dividends
     750       –       817       –  
Net (loss) income available to common stockholders
  
$
(233
)
  
$
90
     $ (194 )   $ 1,880  
                                 
Weighted average common shares outstanding for basic earnings per common share(1)
    
8,520,730
      
8,709,301
       8,386,919       8,756,189  
Add: Effects of unvested restricted stock awards(1)
    
163,566
      
116,493
       179,156
       123,004
  
Weighted average common shares outstanding for diluted earnings per common share(1)
    
8,684,296
      
8,825,794
       8,566,075       8,879,193  
                                 
(Loss) earnings per common share - basic(1)
  
$
(0.03
)
  
$
0.01
     $ (0.02 )   $ 0.21  
(Loss) earnings per common share - diluted(1)
  
$
(0.03
)
  
$
0.01
     $ (0.02 )   $ 0.21  

(1)  Retroactively adjusted, as applicable, for the 1-for-8 reverse stock split effective November 1, 2023 - see Note 1