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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets:    
Cash and due from banks $ 7,459 $ 38,418
Interest-bearing deposits in other banks 8,646 193,102
Cash and cash equivalents 16,105 231,520
Securities available-for-sale, at fair value 328,749 156,396
Loans receivable held for investment, net of allowance of $4,388 and $3,391 768,046 648,513
Accrued interest receivable 3,973 3,372
Federal Home Loan Bank (FHLB) stock 5,535 2,573
Federal Reserve Bank (FRB) stock 5,264 693
Office properties and equipment, net 10,291 10,344
Bank owned life insurance 3,233 3,190
Deferred tax assets, net 11,872 6,101
Core deposit intangible, net 2,501 2,936
Goodwill 25,858 25,996
Other assets 2,866 1,871
Total assets 1,184,293 1,093,505
Liabilities:    
Deposits 686,916 788,052
Securities sold under agreements to repurchase 63,471 51,960
FHLB advances 128,344 85,952
Notes payable 14,000 14,000
Accrued expenses and other liabilities 11,910 12,441
Total liabilities 904,641 952,405
Stockholders' Equity:    
Additional paid-in capital 143,491 140,289
Retained earnings 9,294 3,673
Unearned Employee Stock Ownership Plan (ESOP) shares (1,265) (829)
Accumulated other comprehensive loss, net of tax (17,473) (551)
Treasury stock-at cost, 2,617,826 shares at December 31, 2022 and at December 31, 2021 (5,326) (5,326)
Total Broadway Financial Corporation and Subsidiary stockholders' equity 279,482 141,000
Non-controlling interest 170 100
Total liabilities and stockholders' equity 1,184,293 1,093,505
Cumulative Redeemable Perpetual Preferred Stock, Series A [Member]    
Stockholders' Equity:    
Preferred stock 0 3,000
Non-Cumulative Redeemable Perpetual Preferred Stock, Series C [Member]    
Stockholders' Equity:    
Preferred stock 150,000 0
Class A Voting Common Stock [Member]    
Stockholders' Equity:    
Common stock 513 463
Class B Non-Voting Common Stock [Member]    
Stockholders' Equity:    
Common stock 114 114
Class C Non-Voting Common Stock [Member]    
Stockholders' Equity:    
Common stock $ 134 $ 167