BROADWAY FINANCIAL CORP \DE\
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
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FY2024 · Filed Mar 31, 2025
BYFC$11.52-3.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Changes in Stockholders’ Equity
Stockholders’ Equity
(In thousands, except share and per share)
| Preferred Stock Non-Voting | Common Stock Voting | Common Stock Non-Voting | Additional Paid-in Capital | Accumulated Other Comprehensive Loss | Retained Earnings | Unearned ESOP Shares | Treasury Stock | Non- Controlling Interest | Total Stockholders’ Equity | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance at December 31, 2022 | $150,000 | $64 | $31 | $144,157 | $(17,473) | $9,294 | $(1,265) | $(5,326) | $170 | $279,652 |
| Cumulative effect of change related to adoption of ASU 2016-13 | – | – | – | – | – | (1,256) | – | – | – | (1,256) |
| Adjusted balance, January 1, 2023 | 150,000 | 64 | 31 | 144,157 | (17,473) | 8,038 | (1,265) | (5,326) | 170 | 278,396 |
| Net income | – | – | – | – | – | 4,514 | – | – | 24 | 4,538 |
| Increase in unreleased shares | – | – | – | – | – | – | (3,400) | – | – | (3,400) |
| Release of unearned ESOP shares | – | – | – | (80) | – | – | 173 | – | – | 93 |
| Stock-based compensation expense | – | (2) | – | 210 | – | – | – | – | – | 208 |
| Director stock compensation expense | – | – | – | 95 | – | – | – | – | – | 95 |
| Share repurchase - FDIC | – | – | – | (1,781) | – | – | – | – | – | (1,781) |
| Other comprehensive income, net of tax | – | – | – | – | 3,948 | – | – | – | – | 3,948 |
| Balance at December 31, 2023 | 150,000 | 62 | 31 | 142,601 | (13,525) | 12,552 | (4,492) | (5,326) | 194 | 282,097 |
| Net income | – | – | – | – | – | 1,926 | – | – | 25 | 1,951 |
| Release of unearned ESOP shares | – | 1 | – | (104) | – | – | 291 | – | – | 188 |
| Stock-based compensation expense | – | – | – | 309 | – | – | – | – | – | 309 |
| Director stock compensation expense | – | – | – | 96 | – | – | – | – | – | 96 |
| Dividends declared and paid - Emergency Capital Investment Program (“ECIP”) | – | – | – | – | – | (1,567) | – | – | – | (1,567) |
| Other comprehensive income, net of tax | – | – | – | – | 2,302 | – | – | – | – | 2,302 |
| Balance at December 31, 2024 | $150,000 | $63 | $31 | $142,902 | $(11,223) | $12,911 | $(4,201) | $(5,326) | $219 | $285,376 |
ConsolidatedStatements of
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