Broadway Financial Corporation (BYFC) financial statements (2023 and earlier)

Company profile

Business Address 5055 WILSHIRE BLVD STE 500
LOS ANGELES, CA 90036
State of Incorp. DE
Fiscal Year End December 31
SIC 6035 - Savings Institutions, Federally Chartered (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 96,10915,56616,65122,21918,43067,839
Cash and cash equivalents 96,10915,56616,65122,21918,43067,839
Total current assets: 96,10915,56616,65122,21918,43067,839
Noncurrent Assets
Operating lease, right-of-use asset 190 
Property, plant and equipment 2,5402,7832,2422,4062,4792,570
Deferred income tax assets 5,6335,220
Amortization method qualified affordable housing project investments 58     
Total noncurrent assets: 8,4218,0032,2422,4062,4792,570
Other undisclosed assets 378,848416,800390,504389,079408,174332,503
TOTAL ASSETS: 483,378440,369409,397413,704429,083402,912
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt 27,50033,5008,00027,50049,5007,000
Total current liabilities: 27,50033,5008,00027,50049,5007,000
Noncurrent Liabilities
Other undisclosed liabilities 406,993358,021352,961338,473334,057349,749
Total liabilities: 434,493391,521360,961365,973383,557356,749
Stockholders' equity
Stockholders' equity attributable to parent, including: 48,88548,84848,43647,73145,52646,163
Treasury stock, value (5,326)(5,326)(5,326)(5,326)(5,326)(1,329)
Additional paid in capital 46,85146,42646,14146,11745,81944,669
Accumulated other comprehensive income (loss) 164(23)(283)(81)(103)(2)
Retained earnings 7,7838,4258,6317,8166,0132,533
Unearned esop shares  (959)(1,027)(1,095)(1,176) 
Other undisclosed stockholders' equity attributable to parent (587)305300300299292
Total stockholders' equity: 48,88548,84848,43647,73145,52646,163
TOTAL LIABILITIES AND EQUITY: 483,378440,369409,397413,704429,083402,912

Income statement (P&L) ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 17,66716,69214,89417,20215,72115,257
Net investment income 17,39116,48814,82415,96914,96714,804
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
 (29)     
Gross profit: 17,63816,69214,89417,20215,72115,257
Operating expenses (4,650)(3,430)(2,900)(8,917)(10,367)(11,070)
Other operating income, net
(Noninterest Income, Other Operating Income)
 126124113114290349
Operating income: 13,11413,38612,1078,3995,6444,536
Interest and debt expense (5,475)(6,386)(4,929)(4,348)(3,877)(3,864)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (8,688)(7,551)(6,307)(319)(512)3,826
Income (loss) from continuing operations before income taxes: (1,049)(551)8713,7321,2554,498
Income tax expense (benefit) 407345(56)(1,863)2,2254,574
Net income (loss) attributable to parent: (642)(206)8151,8693,4809,072
Preferred stock dividends and other adjustments     (3) 
Undistributed earnings (loss) allocated to participating securities, basic   (3)(5)
Net income (loss) available to common stockholders, diluted: (642)(206)8121,8643,4779,072

Comprehensive Income ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss): (642)(206)8151,8693,4809,072
Comprehensive income (loss): (642)(206)8151,8693,4809,072
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 187260(202)(44)(101)(167)
Comprehensive income (loss), net of tax, attributable to parent: (455)546131,8253,3798,905

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: