Employee Benefit Plans	12 Months Ended
Dec. 31, 2013
Employee Benefit Plans
Employee Benefit Plans	Note 12 – Employee Benefit Plans *Broadway Federal 401(k) Plan* A 401(k) benefit plan allows employee contributions for substantially all employees up to 15% of their compensation, which are matched at a rate equal to 50% of the first 6% of the compensation contributed. Expense totaled $84 thousand and $89 thousand for 2013 and 2012. *ESOP Plan* Employees participate in an Employee Stock Ownership Plan ("ESOP") after attaining certain age and service requirements. At the end of employment, participants will receive cash or shares at their election for their vested balance. Vesting occurs over seven years. Shares held by the ESOP and allocated to participants were 87,505 at December 31, 2013 and 2012. There were no shares unallocated as of December 31, 2013 and 2012. Dividends on allocated shares increase participant accounts. In addition to shares allocated, the Bank makes discretionary cash contributions to participant accounts. Cash contributions totaled $54 thousand for the year ended December 31, 2013 and $57 thousand for the year ended December 31, 2012. Compensation expense related to the ESOP was $49 thousand for 2013 and $61 thousand for 2012. *Deferred Compensation Plan* The Bank has a deferred compensation agreement with its former Chief Executive Officer ("Former CEO") whereby a stipulated amount will be paid to the Former CEO over a period of 15 years beginning on his retirement date in May 2013. Pursuant to the Order applicable to the Company discussed in Note 2, the Company is not permitted to make payments under this deferred compensation agreement. The amount accrued under this agreement was $992 thousand at December 31, 2013 and $921 thousand at December 31, 2012, and was accrued over the period of active employment. Compensation expense was $71 thousand for 2013 and $157 thousand for 2012.

Note 12 – Employee Benefit Plans

Broadway Federal 401(k) Plan

A 401(k) benefit plan allows employee contributions for substantially all employees up to 15% of their compensation, which are matched at a rate equal to 50% of the first 6% of the compensation contributed. Expense totaled $84 thousand and $89 thousand for 2013 and 2012.

ESOP Plan

Employees participate in an Employee Stock Ownership Plan ("ESOP") after attaining certain age and service requirements. At the end of employment, participants will receive cash or shares at their election for their vested balance. Vesting occurs over seven years. Shares held by the ESOP and allocated to participants were 87,505 at December 31, 2013 and 2012. There were no shares unallocated as of December 31, 2013 and 2012. Dividends on allocated shares increase participant accounts. In addition to shares allocated, the Bank makes discretionary cash contributions to participant accounts. Cash contributions totaled $54 thousand for the year ended December 31, 2013 and $57 thousand for the year ended December 31, 2012. Compensation expense related to the ESOP was $49 thousand for 2013 and $61 thousand for 2012.

Deferred Compensation Plan

The Bank has a deferred compensation agreement with its former Chief Executive Officer ("Former CEO") whereby a stipulated amount will be paid to the Former CEO over a period of 15 years beginning on his retirement date in May 2013. Pursuant to the Order applicable to the Company discussed in Note 2, the Company is not permitted to make payments under this deferred compensation agreement. The amount accrued under this agreement was $992 thousand at December 31, 2013 and $921 thousand at December 31, 2012, and was accrued over the period of active employment. Compensation expense was $71 thousand for 2013 and $157 thousand for 2012.