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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Assets:    
Cash and due from banks $ 37,919 $ 38,418
Interest-bearing deposits in other banks 242,218 193,102
Cash and cash equivalents 280,137 231,520
Securities available-for-sale, at fair value 238,298 156,396
Loans receivable held for investment, net of allowance of $2,962 and $3,391 646,868 648,513
Accrued interest receivable 2,694 3,372
Federal Home Loan Bank (FHLB) stock 1,470 2,573
Federal Reserve Bank (FRB) stock 693 693
Office properties and equipment, net 10,354 10,344
Bank owned life insurance 3,211 3,190
Deferred tax assets, net 9,012 6,101
Core deposit intangible, net 2,719 2,936
Goodwill 25,858 25,996
Other assets 2,910 1,871
Total assets 1,224,224 1,093,505
Liabilities:    
Deposits 816,177 788,052
Securities sold under agreements to repurchase 67,292 51,960
FHLB advances 32,932 85,952
Notes payable 14,000 14,000
Accrued expenses and other liabilities 9,066 12,441
Total liabilities 939,467 952,405
Additional paid-in capital 143,427 140,289
Retained earnings 6,470 3,673
Unearned Employee Stock Ownership Plan (ESOP) shares (797) (829)
Accumulated other comprehensive loss, net of tax (9,901) (551)
Treasury stock-at cost, 2,617,826 shares at June 30, 2022 and at December 31, 2021 (5,326) (5,326)
Total Broadway Financial Corporation and Subsidiary stockholders' equity 284,634 141,000
Non-controlling interest 123 100
Total liabilities and stockholders' equity 1,224,224 1,093,505
Cumulative Redeemable Perpetual Preferred Stock, Series A [Member]    
Liabilities:    
Preferred stock 0 3,000
Non-Cumulative Redeemable Perpetual Preferred Stock, Series C [Member]    
Liabilities:    
Preferred stock 150,000 0
Class A Voting Common Stock [Member]    
Liabilities:    
Common stock 504 463
Class B Non-Voting Common Stock [Member]    
Liabilities:    
Common stock 114 114
Class C Non-Voting Common Stock [Member]    
Liabilities:    
Common stock $ 143 $ 167