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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Assets:    
Cash and due from banks $ 2,255 $ 5,460
Interest-bearing deposits in other banks 59,110 99,735
Cash and cash equivalents 61,365 105,195
Securities available-for-sale, at fair value (amortized cost of $219,658 and $335,978) 203,862 316,950
Loans receivable held for investment, net of allowance of $8,103 and $7,348 968,861 880,457
Accrued interest receivable 5,001 4,938
Federal Home Loan Bank (FHLB) stock 9,637 10,156
Federal Reserve Bank (FRB) stock 3,543 3,543
Office properties and equipment, net 8,899 9,185
Bank owned life insurance 3,321 3,275
Deferred tax assets, net 8,803 9,538
Core deposit intangible, net 1,775 2,111
Goodwill 25,858 25,858
Other assets 2,786 4,198
Total assets 1,303,711 1,375,404
Liabilities:    
Deposits 745,399 682,635
Securities sold under agreements to repurchase 66,610 73,475
FHLB advances 195,532 209,319
Bank Term Funding Program borrowing 0 100,000
Notes payable 0 14,000
Accrued expenses and other liabilities 10,794 13,878
Total liabilities 1,018,335 1,093,307
Stockholders' equity:    
Additional paid-in capital 142,902 142,601
Retained earnings 12,911 12,552
Unearned Employee Stock Ownership Plan (ESOP) shares (4,201) (4,492)
Accumulated other comprehensive loss, net of tax (11,223) (13,525)
Treasury stock-at cost, 327,228 shares at December 31, 2024 and at December 31, 2023 (5,326) (5,326)
Total Broadway Financial Corporation and Subsidiary stockholders' equity 285,157 281,903
Non-controlling interest 219 194
Total liabilities and stockholders' equity 1,303,711 1,375,404
Non-Cumulative Redeemable Perpetual Preferred Stock, Series C [Member]    
Stockholders' equity:    
Preferred stock 150,000 150,000
Class A Voting Common Stock [Member]    
Stockholders' equity:    
Common stock 63 62
Class B Non-Voting Common Stock [Member]    
Stockholders' equity:    
Common stock 14 14
Class C Non-Voting Common Stock [Member]    
Stockholders' equity:    
Common stock $ 17 $ 17