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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets:    
Cash and due from banks $ 41,730 $ 71,110
Interest-bearing deposits in other banks 168,653 24,999
Cash and cash equivalents 210,383 96,109
Securities available-for-sale, at fair value 158,832 10,698
Loans receivable held for investment, net of allowance of $3,296 and $3,215 614,718 360,129
Accrued interest receivable 2,572 1,202
Federal Home Loan Bank (FHLB) stock 2,896 3,431
Federal Reserve Bank (FRB) stock 693 0
Office properties and equipment, net 9,159 2,540
Bank owned life insurance 3,168 3,147
Deferred tax assets, net 5,513 5,633
Core deposit intangible, net 3,198 0
Goodwill 25,996 0
Other assets 3,870 489
Total assets 1,040,998 483,378
Liabilities:    
Deposits 705,041 315,630
Securities sold under agreements to repurchase 70,660 0
FHLB advances 96,022 110,500
Junior subordinated debentures 2,805 3,315
Notes payable 14,000 0
Accrued expenses and other liabilities 8,975 5,048
Total liabilities 897,503 434,493
Additional paid-in capital 140,125 46,851
Retained earnings 4,997 7,783
Unearned Employee Stock Ownership Plan (ESOP) shares (861) (893)
Accumulated other comprehensive income, net of tax 785 164
Treasury stock-at cost, 2,617,826 shares at June 30, 2021 and at December 31, 2020 (5,326) (5,326)
Total Broadway Financial Corporation and Subsidiary stockholders' equity 143,463 48,885
Non-controlling interest 32 0
Total liabilities and stockholders' equity 1,040,998 483,378
Cumulative Redeemable Perpetual Preferred stock, Series A [Member]    
Liabilities:    
Cumulative Redeemable Perpetual Preferred stock, Series A, authorized 3,000 shares at June 30, 2021 and none at December 31, 2020; issued and outstanding 3,000 shares at June 30, 2021 and none at December 31, 2020, liquidation value $1,000 per share 3,000 0
Class A Voting Common Stock [Member]    
Liabilities:    
Common stock 462 219
Class B Non-Voting Common Stock [Member]    
Liabilities:    
Common stock 114 0
Class C Non-Voting Common Stock [Member]    
Liabilities:    
Common stock $ 167 $ 87