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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Interest income:        
Interest and fees on loans receivable $ 12,796 $ 9,406 $ 36,104 $ 27,039
Interest on available-for-sale securities 1,635 2,180 5,586 6,543
Other interest income 1,735 341 4,757 1,028
Total interest income 16,166 11,927 46,447 34,610
Interest expense:        
Interest on deposits 3,209 2,126 9,094 4,978
Interest on borrowings 4,627 3,028 13,581 7,317
Total interest expense 7,836 5,154 22,675 12,295
Net interest income 8,330 6,773 23,772 22,315
Provision for (recovery of) credit losses 399 (2) 1,153 808
Net interest income after provision for credit losses 7,931 6,775 22,619 21,507
Non-interest income:        
Service charges 36 42 114 141
Other 380 289 881 739
Total non-interest income 416 331 995 880
Non-interest expense:        
Compensation and benefits 4,432 4,380 13,298 11,863
Occupancy expense 505 466 1,372 1,354
Information services 754 698 2,124 2,148
Professional services 982 629 2,955 1,741
Supervisory costs 196 157 589 452
Office services and supplies 33 24 115 72
Advertising and promotional expense 19 11 110 138
Corporate insurance 27 61 152 184
Appraisal and other loan expense 47 69 98 138
Amortization of core deposit intangible 84 98 252 293
Travel expense 50 39 184 154
Other expense 465 349 1,435 1,117
Total non-interest expense 7,594 6,981 22,684 19,654
Income before income taxes 753 125 930 2,733
Income tax expense 209 39 298 806
Net income 544 86 632 1,927
Less: Net income (loss) attributable to non-controlling interest 22 (5) 5 20
Net income attributable to Broadway Financial Corporation 522 91 627 1,907
Less: Preferred stock dividends 750 0 817 0
Net (loss) income attributable to common stockholders (228) 91 (190) 1,907
Other comprehensive income (loss), net of tax:        
Unrealized income (losses) on securities available-for-sale arising during the period 5,900 (2,677) 5,971 (2,600)
Income tax expense (benefit) 1,703 (770) 1,724 (747)
Other comprehensive income (loss), net of tax 4,197 (1,907) 4,247 (1,853)
Comprehensive income (loss) $ 3,969 $ (1,816) $ 4,057 $ 54
(Loss) earnings per common share-basic (in dollars per share) $ (0.03) $ 0.01 [1] $ (0.02) $ 0.21 [1]
(Loss) earnings per common share-diluted (in dollars per share) $ (0.03) $ 0.01 [1] $ (0.02) $ 0.21 [1]
[1] Retroactively adjusted, as applicable, for the 1-for-8 reverse stock split effective November 1, 2023 - see Note 1