v3.25.4
Restatement of Previously Issued Consolidated Financial Statements, Consolidated Statements of Financial Condition (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Mar. 31, 2024
Dec. 31, 2023
Jun. 07, 2022
Assets [Abstract]          
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 185,938 203,862      
Loans receivable held for investment, net of allowance 991,587 999,956      
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 9,292 8,880      
Core deposit intangible, net 1,696 1,775      
Goodwill 25,858 25,858 $ 25,858 $ 25,858  
Other assets 2,684 2,786      
Total assets 1,258,776 1,334,883      
Liabilities:          
Deposits 776,543 745,399      
Securities sold under agreements to repurchase 80,778 66,610      
FHLB borrowings 78,000 195,532      
Secured borrowings 31,256 31,356      
Accrued expenses and other liabilities 8,417 10,794      
Total liabilities 974,994 1,049,691      
Stockholders' equity:          
Additional paid-in capital 143,169 142,902      
Retained earnings 9,288 12,727      
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 (5,326) (5,326)      
Total Broadway Financial Corporation and Subsidiary equity 283,566 284,973      
Non-controlling interest 216 219      
Total liabilities and equity 1,258,776 1,334,883      
Non-Cumulative Redeemable Perpetual Preferred Stock, Series C [Member]          
Stockholders' equity:          
Preferred stock 150,000 150,000     $ 150,000
Class A Voting Common Stock [Member]          
Stockholders' equity:          
Common stock 64 63      
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      
Previously Reported [Member]          
Assets [Abstract]          
Cash and due from banks 2,040        
Interest-bearing deposits in other banks 13,754        
Cash and cash equivalents 15,794        
Securities available-for-sale, at fair value 185,938        
Loans receivable held for investment, net of allowance 971,231        
Accrued interest receivable 5,624        
Federal Home Loan Bank ("FHLB") stock 4,616        
Federal Reserve Bank ("FRB") stock 3,543        
Office properties and equipment, net 8,812        
Bank owned life insurance 3,332        
Deferred tax assets, net 8,103        
Core deposit intangible, net 1,696        
Goodwill 25,858        
Other assets 3,472        
Total assets 1,238,019        
Liabilities:          
Deposits 776,543        
Securities sold under agreements to repurchase 80,778        
FHLB borrowings 78,000        
Secured borrowings 9,415        
Accrued expenses and other liabilities 8,486        
Total liabilities 953,222        
Stockholders' equity:          
Additional paid-in capital 143,169        
Retained earnings 10,303        
Unearned Employee Stock Ownership Plan ("ESOP") shares (4,152)        
Accumulated other comprehensive loss, net of tax (9,508)        
Treasury stock-at cost (5,326)        
Total Broadway Financial Corporation and Subsidiary equity 284,581        
Non-controlling interest 216        
Total liabilities and equity 1,238,019        
Previously Reported [Member] | Non-Cumulative Redeemable Perpetual Preferred Stock, Series C [Member]          
Stockholders' equity:          
Preferred stock 150,000        
Previously Reported [Member] | Class A Voting Common Stock [Member]          
Stockholders' equity:          
Common stock 64        
Previously Reported [Member] | Class B Non-Voting Common Stock [Member]          
Stockholders' equity:          
Common stock 14        
Previously Reported [Member] | Class C Non-Voting Common Stock [Member]          
Stockholders' equity:          
Common stock 17        
Adjustments [Member]          
Assets [Abstract]          
Loans receivable held for investment, net of allowance 20,356        
Deferred tax assets, net 1,189        
Other assets (788)        
Total assets 20,757        
Liabilities:          
Secured borrowings 21,841        
Accrued expenses and other liabilities (69)        
Total liabilities 21,772        
Stockholders' equity:          
Retained earnings (1,015)        
Total Broadway Financial Corporation and Subsidiary equity (1,015)        
Total liabilities and equity $ 20,757