BROADWAY FINANCIAL CORP \DE\
For the period ended Dec 31, 2025. Filed Mar 31, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 31, 2026
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 Operations and Comprehensive Income
Statements of Operations andComprehensive Income
| Years Ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| (In thousands, except per share) | ||
| Interest income: | ||
| Interest and fees on loans receivable | $53,049 | $50,544 |
| Interest on available-for-sale securities | 6,412 | 7,034 |
| Other interest income | 1,821 | 6,368 |
| Total interest income | 61,282 | 63,946 |
| Interest expense: | ||
| Interest on deposits | 19,930 | 13,183 |
| Interest on borrowings | 8,205 | 18,994 |
| Total interest expense | 28,135 | 32,177 |
| Net interest income | 33,147 | 31,769 |
| Provision for credit losses | 2,186 | 660 |
| Net interest income after provision for credit losses | 30,961 | 31,109 |
| Non-interest income: | ||
| Service charges | 184 | 155 |
| Grants | 275 | 280 |
| Other | 1,293 | 1,119 |
| Total non-interest income | 1,752 | 1,554 |
| Non-interest expense: | ||
| Compensation and benefits | 18,838 | 17,562 |
| Occupancy expense | 2,037 | 1,858 |
| Information services | 3,011 | 2,763 |
| Professional services | 3,008 | 3,449 |
| Supervisory costs | 687 | 785 |
| Corporate insurance | 271 | 234 |
| Amortization of core deposit intangible | 315 | 336 |
| Operational loss | 100 | – |
| Goodwill impairment | 25,858 | – |
| Other | 3,058 | 2,907 |
| Total non-interest expense | 57,183 | 29,894 |
| (Loss) Income before income taxes | (24,470) | 2,769 |
| Income tax expense | 338 | 815 |
| Net (loss) income | $(24,808) | $1,954 |
| Less: Net (loss) income attributable to non-controlling interest | (13) | 25 |
| Net (loss) income attributable to Broadway Financial Corporation | $(24,795) | $1,929 |
| Less: Preferred stock dividends | 3,000 | 1,567 |
| Net (loss) income attributable to common stockholders | $(27,795) | $362 |
| Other comprehensive (loss) income, net of tax: | ||
| Unrealized gains on securities available-for-sale arising during the period | $7,260 | $3,232 |
| Income tax effect | 2,142 | 930 |
| Other comprehensive income, net of tax | 5,118 | 2,302 |
| Comprehensive (loss) income | $(22,677) | $2,664 |
| (Loss) Earnings per common share-basic | $(3.23) | $0.04 |
| (Loss) Earnings per common share-diluted | $(3.23) | $0.04 |
See accompanying notes to consolidated financial statements
ConsolidatedStatements ofChanges in
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