BROADWAY FINANCIAL CORP \DE\
For the period ended Jun 30, 2026. Filed Aug 13, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 13, 2026
BYFC$11.60+0.7%Stored close · as of Nov 6, 2026
Contents
Item 1. Consolidated Statements of Financial Condition as of June 30, 2026 and December 31, 2025
Financial Condition
(In thousands, except share and per share amounts)
| June 30, 2026 | December 31, 2025 | |
|---|---|---|
| (Unaudited) | ||
| Assets: | ||
| Cash and due from banks | $2,135 | $1,676 |
| Interest-bearing deposits in other banks | 46,770 | 8,831 |
| Cash and cash equivalents | 48,905 | 10,507 |
| Securities available-for-sale, at fair value (amortized cost of $337,681 and $265,371) | 327,030 | 256,835 |
| Loans receivable held for investment, net of allowance of $10,799 and $9,424 | 1,126,539 | 1,016,540 |
| Accrued interest receivable | 6,746 | 5,999 |
| Federal Home Loan Bank (“FHLB”) stock | 5,464 | 4,417 |
| Federal Reserve Bank (“FRB”) stock | 3,543 | 3,543 |
| Office properties and equipment, net | 8,782 | 8,732 |
| Bank owned life insurance | 24,179 | 23,663 |
| Deferred tax assets, net | 7,312 | 6,711 |
| Core deposit intangible, net | 1,308 | 1,460 |
| Other assets | 3,891 | 7,162 |
| Total assets | $1,563,699 | $1,345,569 |
| Liabilities and equity | ||
| Liabilities: | ||
| Deposits | $1,114,651 | $917,603 |
| Borrowings | 94,000 | 72,000 |
| Securities sold under agreements to repurchase | 81,928 | 80,773 |
| Accrued expenses and other liabilities | 10,639 | 12,236 |
| Total liabilities | 1,301,218 | 1,082,612 |
| Equity: | ||
| Non-Cumulative Redeemable Perpetual Preferred stock, Series C; authorized 150,000 shares at June 30, 2026 and December 31, 2025; issued and outstanding 150,000 shares at June 30, 2026 and December 31, 2025; liquidation value $1,000 per share | 150,000 | 150,000 |
| Common stock, Class A, $0.01 par value, voting; authorized 75,000,000 shares at June 30, 2026 and December 31, 2025; issued 6,502,886 shares at June 30, 2026 and 6,409,760 shares at December 31, 2025; outstanding 6,175,658 shares at June 30, 2026 and 6,082,532 shares at December 31, 2025 | 65 | 64 |
| Common stock, Class B, $0.01 par value, non-voting; authorized 15,000,000 shares at June 30, 2026 and December 31, 2025; issued and outstanding 1,425,404 shares at June 30, 2026 and December 31, 2025 | 14 | 14 |
| Common stock, Class C, $0.01 par value, non-voting; authorized 25,000,000 shares at June 30, 2026 and December 31, 2025; issued and outstanding 1,672,562 at June 30, 2026 and December 31, 2025 | 17 | 17 |
| Additional paid-in capital | 143,494 | 143,194 |
| Accumulated deficit | (14,611) | (15,238) |
| Unearned Employee Stock Ownership Plan (“ESOP”) shares | (3,743) | (3,869) |
| Accumulated other comprehensive loss, net of tax | (7,606) | (6,105) |
| Treasury stock-at cost, 327,228 shares at June 30, 2026 and at December 31, 2025 | (5,326) | (5,326) |
| Total Broadway Financial Corporation and Subsidiary stockholders’ equity | 262,304 | 262,751 |
| Non-controlling interest | 177 | 206 |
| Total liabilities and equity | $1,563,699 | $1,345,569 |
Consolidated Statements of Operations and
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.