Earnings Per Share of Common Stock (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share of Common Stock [Abstract]

Basic and Diluted Earnings Per Share of Common Stock

The following table shows how the Company computed basic and diluted earnings per share of common stock for the periods indicated:

	Three Months Ended March 31,
	2023		2022
	(Dollars in thousands, except share and per share data)
Net income attributable to Broadway Financial Corporation	$	1,573	$	958
Less net income attributable to participating securities		7		7
Income available to common stockholders	$	1,566	$	951
Weighted average common shares outstanding for basic earnings per common share		71,442,163		72,039,378
Add: dilutive effects of unvested restricted stock awards		323,024		50,195
Add: dilutive effects of assumed exercise of stock options		–		490,372
Weighted average common shares outstanding for diluted earnings per common share		71,765,187		72,579,945
Earnings per common share - basic	$	0.02	$	0.01
Earnings per common share - diluted	$	0.02	$	0.01