BROADWAY FINANCIAL CORP \DE\
For the period ended Dec 31, 2025. Filed Mar 31, 2026.
View on SEC.govAbout this filing
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.
See the whole filing, with its images and exhibitsContents
Item 8. Consolidated Statements of Cash Flows
Cash Flows
| 2025 | 2024 | |
|---|---|---|
| (In thousands) | ||
| Cash flows from operating activities: | ||
| Net (loss) income | $(24,808) | $1,954 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Provision for credit losses | 2,186 | 660 |
| Depreciation and amortization | 410 | 424 |
| Net change of deferred loan origination costs | 531 | 641 |
| Net accretion of premiums and discounts on available-for-sale securities | (387) | (807) |
| Accretion of purchase accounting marks on loans | (253) | (424) |
| Amortization of core deposit intangible | 315 | 336 |
| Director compensation expense-common stock | 168 | 96 |
| Accretion of premium on FHLB advances | – | (9) |
| Stock-based compensation expense | 308 | 309 |
| ESOP compensation expense | 149 | 188 |
| Earnings on bank owned life insurance | (342) | (46) |
| Goodwill impairment | 25,858 | – |
| Net change in assets and liabilities: | ||
| Deferred tax assets | 27 | (194) |
| Accrued interest receivable | (998) | (63) |
| Other assets | (4,376) | 1,412 |
| Accrued expenses and other liabilities | 1,442 | (3,084) |
| Net cash provided by operating activities | 230 | 1,393 |
| Cash flows from investing activities: | ||
| Net change in loans receivable held for investment | (19,048) | (89,204) |
| Principal payments and maturities of available-for-sale securities | 105,142 | 117,127 |
| Purchases of available-for-sale securities | (150,468) | – |
| Purchase of FHLB stock | (16,081) | (13,654) |
| Proceeds from redemption of FHLB stock | 21,301 | 14,173 |
| Purchases of bank owned life insurance | (20,000) | – |
| Purchase of office properties and equipment | (243) | (138) |
| Net cash (used in) provided by investing activities | (79,397) | 28,304 |
| Cash flows from financing activities: | ||
| Net change in deposits | 172,204 | 62,764 |
| Net change in securities sold under agreements to repurchase | 14,163 | (6,865) |
| Repayments of Bank Term Funding Program borrowing | – | (100,000) |
| City First Bank Fund Manager II distribution | (170) | – |
| Repayment of notes payable | – | (14,000) |
| Dividends paid on ECIP preferred stock | (3,000) | (1,567) |
| Proceeds from other borrowings | – | 2,508 |
| Repayments of other borrowings | (31,356) | (2,589) |
| Proceeds from FHLB advances | 955,750 | 339,000 |
| Repayments of FHLB advances | (1,079,282) | (352,778) |
| Net cash provided by (used in) financing activities | 28,309 | (73,527) |
| Net change in cash and cash equivalents | (50,858) | (43,830) |
| Cash and cash equivalents at beginning of the period | 61,365 | 105,195 |
| Cash and cash equivalents at end of the period | $10,507 | $61,365 |
| Supplemental disclosures of cash flow information: | ||
| Cash paid for interest | 27,851 | 30,628 |
| Cash paid for income taxes | 325 | 416 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.