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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Assets:    
Cash and due from banks $ 2,040 $ 2,255
Interest-bearing deposits in other banks 13,754 59,110
Cash and cash equivalents 15,794 61,365
Securities available-for-sale, at fair value (amortized cost of $199,318 and $219,658) 185,938 203,862
Loans receivable held for investment, net of allowance of $8,774 and $8,103 971,231 968,861
Accrued interest receivable 5,624 5,001
Federal Home Loan Bank ("FHLB") stock 4,616 9,637
Federal Reserve Bank ("FRB") stock 3,543 3,543
Office properties and equipment, net 8,812 8,899
Bank owned life insurance 3,332 3,321
Deferred tax assets, net 8,103 8,803
Core deposit intangible, net 1,696 1,775
Goodwill 25,858 25,858
Other assets 3,472 2,786
Total assets 1,238,019 1,303,711
Liabilities:    
Deposits 776,543 745,399
Securities sold under agreements to repurchase 80,778 66,610
Borrowings 87,415 195,532
Accrued expenses and other liabilities 8,486 10,794
Total liabilities 953,222 1,018,335
Additional paid-in capital 143,169 142,902
Retained earnings 10,303 12,911
Unearned Employee Stock Ownership Plan ("ESOP") shares (4,152) (4,201)
Accumulated other comprehensive loss, net of tax (9,508) (11,223)
Treasury stock-at cost, 327,228 shares at March 31, 2025 and at December 31, 2024 (5,326) (5,326)
Total Broadway Financial Corporation and Subsidiary equity 284,581 285,157
Non-controlling interest 216 219
Total liabilities and equity 1,238,019 1,303,711
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 64 63
Class B Non-Voting Common Stock [Member]    
Liabilities:    
Common stock 14 14
Class C Non-Voting Common Stock [Member]    
Liabilities:    
Common stock $ 17 $ 17