Form 8-K
8-K — BROADWAY FINANCIAL CORP \DE\
Accession: 0001140361-26-043754
Filed: 2026-11-13
Period: 2026-11-13
CIK: 0001001171
SIC: 6035 (SAVINGS INSTITUTION, FEDERALLY CHARTERED)
Item: Results of Operations and Financial Condition
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
Documents
8-K — ef20085511_8k.htm (Primary)
EX-99.1 — EXHIBIT 99.1 (ef20085511_ex99-1.htm)
EX-99.2 — EXHIBIT 99.2 (ef20085511_ex99-2.htm)
GRAPHIC (ef20085511_ex99-2slide1.jpg)
GRAPHIC (ef20085511_ex99-2slide2.jpg)
GRAPHIC (ef20085511_ex99-2slide3.jpg)
GRAPHIC (ef20085511_ex99-2slide4.jpg)
GRAPHIC (ef20085511_ex99-2slide5.jpg)
GRAPHIC (ef20085511_ex99-2slide6.jpg)
GRAPHIC (ef20085511_ex99-2slide7.jpg)
GRAPHIC (ef20085511_ex99-2slide8.jpg)
GRAPHIC (ef20085511_ex99-2slide9.jpg)
GRAPHIC (ef20085511_ex99-2slide10.jpg)
GRAPHIC (ef20085511_ex99-2slide11.jpg)
GRAPHIC (ef20085511_ex99-2slide12.jpg)
GRAPHIC (ef20085511_ex99-2slide13.jpg)
GRAPHIC (ef20085511_ex99-2slide14.jpg)
GRAPHIC (ef20085511_ex99-2slide15.jpg)
GRAPHIC (ef20085511_ex99-2slide16.jpg)
GRAPHIC (ef20085511_ex99-2slide17.jpg)
GRAPHIC (ef20085511_ex99-2slide18.jpg)
GRAPHIC (ef20085511_ex99-2slide19.jpg)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K
8-K (Primary)
Filename: ef20085511_8k.htm · Sequence: 1
false0001001171NASDAQ00010011712026-11-132026-11-13
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 13, 2026
BROADWAY FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)
Delaware
001-39043
95-4547287
(State or other jurisdiction of
incorporation or organization)
(Commission
File Number)
(I.R.S. Employer Identification Number)
4601 Wilshire Boulevard Suite 150,
Los Angeles, California
90010
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number, including area code: (323) 634-1700
NOT APPLICABLE
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Class A Common Stock, par value $0.01 per share (including attached preferred stock purchase rights)
BYFC
Nasdaq Capital Market
Indicate by check mark whether the registrant is an emerging growth company in as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule
12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised
financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02
Results of Operations and Financial Condition.
On November 13, 2026, Broadway Financial Corporation (the “Company”) issued a press release announcing results for the quarter ended September 30, 2026. A copy of the
press release is attached as Exhibit 99.1.
Item 7.01
Regulation FD Disclosure.
Attached as Exhibit 99.2 to this report is the presentation for the Company’s earnings for the quarter ended September 30, 2026, which also may be used in connection with potential
meetings with investors and/or analysts.
The information set forth in this Current Report, including Exhibits 99.1 and 99.2 attached hereto, is being furnished and shall not be deemed “filed” for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of such section. The information in this Current Report, including Exhibits 99.1 and 99.2 attached hereto, shall not be
incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing to this Current Report.
Item 9.01
Financial Statements and Exhibits.
(d)
Exhibits
99.1
Press Release dated November 13, 2026, announcing results for the quarter ended September 30, 2026.
99.2
Presentation dated November 13, 2026.
104
The cover page from this Current Report on Form 8-K, formatted in Inline XBRL (included as Exhibit 101).
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Date: November 13, 2026
BROADWAY FINANCIAL CORPORATION
By:
/s/ Zack Ibrahim
Name: Zack Ibrahim
Title: Chief Financial Officer
EX-99.1 — EXHIBIT 99.1
EX-99.1
Filename: ef20085511_ex99-1.htm · Sequence: 2
Exhibit 99.1
News Release
FOR IMMEDIATE RELEASE
Broadway Financial Corporation Reports Third
Quarter 2026 Results Highlighted by Improved Earnings, Strong Deposit Growth and Stable Credit Quality
LOS ANGELES, CA – (BUSINESS WIRE) – November 13, 2026 – Broadway Financial Corporation (“Broadway”, “we”, or the “Company”) (NASDAQ: BYFC), parent company of City
First Bank, National Association (the “Bank”, and collectively, with the Company, “City First Broadway”), reported net income attributable to common stockholders of $392 thousand during the third quarter of 2026, compared to net income attributable
to common stockholders of $218 thousand for the second quarter of 2026, and net loss attributable to common stockholders of $24.6 million for the third quarter of 2025. Diluted earnings (loss) per common share was $0.04 for the third quarter of
2026, compared to $0.02 for the second quarter of 2026 and ($2.86) for the third quarter of 2025.
The Company reported consolidated net income before preferred dividends1 of $1.1 million, or $0.13 per diluted common share, for the third quarter of 2026, compared to $968 thousand, or $0.11 per diluted common share, for the second quarter of 2026, and consolidated net income before preferred dividends and
goodwill impairment1 of $2.0 million, or $0.23 per diluted common share, for the third quarter of 2025.
For the first nine months of 2026, the Company reported consolidated net income of $1.0 million, or $0.11 per diluted common share, compared to consolidated net loss of $28.1 million, or ($3.27) per diluted common share, for the first nine months of 2025. For the first nine months of 2026, the Company reported consolidated
net income before preferred dividends of $3.3 million, or $0.37 per diluted common share, compared to consolidated net income before preferred dividends and
goodwill impairment1 of $38 thousand, or $0.00 per diluted common share, for the first nine months of 2025. This increase reflects stronger operating performance driven by loan growth, deposit growth, and continued balance sheet
expansion.
Net income attributable to common stockholders was $1.0 million during the first nine months of 2026 after deducting preferred dividends of $2.3 million, compared to
net loss attributable to common stockholders of $28.1 million for the first nine months of 2025 after deducting goodwill impairment of $25.9 million and preferred dividends of $2.3 million. Diluted earnings per common share was $0.11 for the first
nine months of 2026, compared to ($3.27) of diluted loss per common share for the first nine months of 2025. Diluted earnings (loss) per common share for the first nine months of 2026 reflects preferred dividends of $0.25 per diluted common share,
compared to ($0.26) of diluted loss per common share for the first nine months of 2025.
Third Quarter Highlights
•
Net income totaled $392 thousand, or $0.04 per diluted common share, and net income before preferred dividends totaled $1.1 million, or $0.13 per diluted
common share.
•
Net loans increased $116.2 million, or 11.4%, during the first nine months of 2026.
•
Total deposits increased $192.4 million, or 21.0%, during the first nine months of 2026.
•
Credit quality remained stable with non-accrual loans to gross loans at 1.20% and non-performing assets to total assets at 0.88%.
•
Capital levels remained strong, with a Community Bank Leverage Ratio of 12.83%.
Chief Executive Officer, Brian Argrett, commented, “Our third-quarter results
reflect disciplined execution of our strategic priorities, resulting in strong growth in both loans and deposits while maintaining solid capital levels. We continue to operate with a disciplined approach to risk management and underwriting as we
navigate an evolving economic environment. Looking ahead, we remain focused on optimizing the balance sheet, enhancing profitability, and delivering long-term value for our stockholders.”
Quarterly Results of Operations
•
Net Interest Income totaled $9.9 million, representing an increase of $406 thousand, or 4.3%, from net interest income of $9.5 million for the second quarter of 2026. The increase resulted from a $1.0 million increase in interest income, primarily due to a $767 thousand increase in interest income on loans receivable as a result of an increase in the
average balance of loans receivable and a $170 thousand increase in interest income on available-for-sale securities due to an increase in the average balance of available-for-sale securities. These increases in net interest income were
partially offset by a $589 thousand increase in interest expense due to an increase in interest expense on borrowings, as a result of an increase in the average balance of borrowings.
The net interest margin remained stable at 2.64% for the third quarter of 2026 compared to 2.65% for the second quarter of 2026.
The net interest margin declined slightly to 2.64% for the third quarter of 2026 from 2.72% for the third quarter of 2025. Despite
elevated funding costs associated with the higher interest rate environment, net interest margin remained relatively stable during the quarter. Management continues to focus on loan repricing opportunities, optimizing deposit mix, and
disciplined balance sheet management to help offset funding cost pressures and support margin stability.
1 “Net income before preferred dividends”, “net income before preferred dividends and goodwill impairment”, “pre-provision net revenue”,
“efficiency ratio,” and “tangible book value” are non-GAAP financial measures. A reconciliation of these non-GAAP financial measures and the nearest GAAP measures is provided in the GAAP Reconciliation to Non-GAAP Financial Measures tables
that accompany this document.
•
Provision for Credit Losses was $668 thousand for the third quarter of 2026, compared to $1.5 million for the second quarter of
2026. This decrease was primarily due to partial charge-offs taken in the three months ended September 30, 2026 that were previously reserved, partially offset by a specific reserve on a non-accrual loan. At September 30, 2026,
non-performing assets represented 0.88% of total assets and non-accrual loans represented 1.20% of gross loans.
The allowance for credit losses (“ACL”) increased to $10.0
million as of September 30, 2026, compared to $9.4 million as of December 31, 2025.
•
Non-interest Income was $496 thousand for the third quarter of
2026, compared to $950 thousand for the second quarter of 2026, representing a decrease of $454 thousand, or 47.8%. The decrease was due to a $450 thousand
fee recognized on a New Markets Tax Credit financing transaction earned in the second quarter of 2026.
•
Non-interest Expense was $8.3 million for the third quarter of
2026, compared to $7.5 million for the second quarter of 2026, representing an increase of $855 thousand, or 11.4%. The increase was primarily due to a $431
thousand increase in compensation and benefits expense, a $247 thousand increase in information services expense and a $113 thousand increase in supervisory costs. The increase in noninterest expense primarily reflects continued
investments in personnel, technology, and operational infrastructure to support business growth, enhance client service capabilities, and strengthen the Company’s long-term operating platform.
•
Income Tax Expense was $279 thousand for the third quarter of 2026
compared to $330 thousand for the second quarter of 2026. The decrease in tax expense reflected a decrease of $90 thousand in pre-tax income between the two periods. The effective tax rate was 20.03% for the third quarter of 2026,
compared to 22.25% for the second quarter of 2026.
Year-to-Date Results of Operations
•
Net Interest Income totaled $28.4 million for the first nine months of 2026, representing an increase of $4.0 million, or 16.5%, from net interest income of $24.4 million for the first nine months of 2025. The
increase resulted from a $7.8 million increase in interest income, primarily due to a $5.1 million increase in interest income on available-for-sale
securities, due to increases in the average rate and balance of available-for-sale securities, and a $3.4 million increase in interest income on loans receivable as a result of an increase in the average balance of loans receivable.
Further, interest on borrowings decreased $1.7 million due to decreases in the average rate and balance of borrowings. The increases in net interest income were partially offset by a $5.5 million increase in interest expense on deposits
due to increases in the average deposit rate and balance.
The net interest margin increased to 2.68% for the first nine months of 2026 from 2.65% for the first nine months of 2025, due to an
increase in the average rate earned on interest-earning assets, which increased to 4.97% for the first nine months of 2026 from 4.88% for the first nine months of 2025, and a decrease in the cost of funds, which decreased to 3.00% for the first
nine months of 2026 from 3.08% for the first nine months of 2025.
•
Provision for Credit Losses was $2.3 million for the first nine months of 2026, compared to $2.1 million for the first nine months of
2025.
•
Non-interest Income was $2.0 million for the first nine months of
2026, compared to $1.1 million for the first nine months of 2025, representing an increase of $970 thousand, or 91.1%. The increase was primarily due to $697 thousand of additional earnings on bank owned life insurance and a $450 thousand fee recognized on a New Markets Tax Credit financing transaction earned in the first nine months of 2026.
•
Non-interest Expense was $23.8 million for the first nine months of
2026, compared to $49.2 million for the first nine months of 2025, representing a decrease of $25.4 million, or 51.6%. The decrease was primarily due to a
$25.9 million goodwill impairment charge recorded in the first nine months of 2025.
•
Income Tax Expense/Benefit was income tax expense of $891 thousand
for the first nine months of 2026 compared to income tax benefit of $54 thousand for the first nine months of 2025. The increase in tax expense reflected an increase of $30.2 million in pre-tax income between the two periods.
Financial Condition Review
•
Total Assets increased by $211.4 million at September 30, 2026,
compared to December 31, 2025, reflecting increases in net loans of $116.2 million, securities available-for-sale of $48.6 million and cash and cash equivalents of $38.8 million. The increase in net loans was due to organic loan growth
and purchases of government guaranteed loans, and the increase in securities available-for-sale was due to purchases of securities available-for-sale.
•
Loans Held for Investment, Net of the ACL increased by $116.2
million to $1.1 billion at September 30, 2026, compared to $1.0 billion at December 31, 2025. The increase was due to organic growth and loan purchases.
•
Deposits increased by $192.4 million, or 21.0%, to $1.1 billion at
September 30, 2026, compared to $917.6 million at December 31, 2025. The increase in deposits was attributable to increases of $157.9 million in savings deposits, $33.4 million in certificates of deposit accounts, and $8.5 million in
liquid deposits (demand, interest checking, and money market accounts), partially offset by decreases of $4.4 million in Certificate of Deposit Registry Service (“CDARS”) deposits (CDARS deposits are similar to Insured Cash Sweep (“ICS”)
deposits, but involve certificates of deposit, instead of money market accounts) and $3.0 million in ICS deposits (ICS deposits are the Bank’s money market
deposit accounts in excess of FDIC insured limits whereby the Bank makes reciprocal arrangements for insurance with other banks). As of September 30,
2026, our uninsured deposits represented 34% of our total deposits, consistent with December 31, 2025. We leverage our long-standing partnership with IntraFi Deposit Solutions to offer deposit insurance for accounts exceeding
the FDIC deposit insurance limit of $250,000.
•
Total Borrowings increased $27.0 million to $99.0 million at September 30, 2026, compared to $72.0 million at December 31, 2025, due
to additional FHLB advances. The increase in borrowings reflects proactive liquidity management and support for continued loan growth opportunities. The Bank maintains sufficient liquidity and borrowing capacity to support customer
needs while preserving financial flexibility.
Asset Quality
•
Allowance for Credit Losses was 0.87% of total loans held for
investment at September 30, 2026, compared to 0.92% at December 31, 2025. Allowance for credit losses was 1.03% of total loans held for investment less purchased loans1 at September 30, 2026, compared to 0.91% at December 31,
2025.
•
Nonperforming Assets increased to $13.8 million at September 30,
2026, compared to $11.2 million at December 31, 2025.
Capital
•
Stockholders’ equity was $255.5 million, or 16.4% of the Company’s
total assets, at September 30, 2026, compared to $262.8 million, or 19.6% of the Company’s total assets, at December 31, 2025.
•
Book Value per Share was $11.37 at September 30, 2026, compared to $12.28 at December 31, 2025. The decline in book value per share was primarily attributable to unrealized losses within the
securities portfolio resulting from interest rate movements. These adjustments do not affect regulatory capital, liquidity, or the Company’s ability to hold the securities to maturity. Capital ratios remain strong with a Community Bank
Leverage Ratio of 12.83% at September 30, 2026 compared to 14.09% at December 31, 2025. While capital ratios moderated from prior-year levels, they remain above regulatory well-capitalized thresholds. The decline primarily reflects
strong asset growth and deployment of capital into earning assets. Tangible book value per share was $11.24 at September 30, 2026, compared to $12.12 at
December 31, 2025.
About Broadway Financial Corporation
Broadway Financial Corporation operates through its wholly-owned banking subsidiary, City First Bank, National Association, which is
a leading mission-driven bank that serves low-to-moderate income communities within urban areas in Southern California and the Washington, D.C. market.
City First Bank offers a variety of commercial loan products, services, and depository accounts that support investments in
affordable housing, small businesses, and nonprofit community facilities located within low-to-moderate income neighborhoods. City First Bank is a Community Development Financial Institution, Minority Depository Institution, Certified B Corp, and
a member of the Global Alliance of Banking on Values. The Bank and the City First network of nonprofits, City First Enterprises, Homes By CFE, and City First Foundation, represent the City First branded family of
community development financial institutions, which offer a robust lending and deposit platform.
Contacts
Investor Relations
Zack Ibrahim, Chief Financial Officer, (202) 243-7100
Investor.relations@cityfirstbroadway.com
Cautionary Statement Regarding Forward-Looking Information
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States
Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations or financial condition, business strategy
and plans and objectives of management for future operations and capital allocation and structure, are forward-looking statements. Forward‑looking statements typically include the words “expect,” “estimate,” “project,” “budget,” “forecast,”
“anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” “poised,” “optimistic,” “prospects,” “ability,” “looking,” “forward,” “invest,” “grow,” “improve,” “deliver” and similar
expressions, but the absence of such words or expressions does not mean a statement is not forward-looking. These forward‑looking statements are subject to risks and uncertainties, including those identified below, which could cause actual
future results to differ materially from historical results or from those anticipated or implied by such statements. The following factors, among others, could cause future results to differ materially from historical results or from those
indicated by forward‑looking statements included in this press release: (1) the level of demand for mortgage and commercial loans, which is affected by such external factors as general economic conditions, market interest rate levels, tax laws,
and the demographics of our lending markets; (2) the direction and magnitude of changes in interest rates and the relationship between market interest rates and the yield on our interest‑earning assets and the cost of our interest‑bearing
liabilities; (3) the rate and amount of credit losses incurred and projected to be incurred by us, increases in the amounts of our nonperforming assets, the level of our loss reserves and management’s judgments regarding the collectability of
loans; (4) changes in the regulation of lending and deposit operations or other regulatory actions, whether industry-wide or focused on our operations, including increases in capital requirements or directives to increase allowances for credit
losses or make other changes in our business operations; (5) legislative or regulatory changes, including those that may be implemented by the current administration in Washington, D.C. and the Federal Reserve Board; (6) possible adverse rulings,
judgments, settlements and other outcomes of litigation; (7) actions undertaken by both current and potential new competitors; (8) the possibility of adverse trends in property values or economic trends in the residential and commercial real
estate markets in which we compete; (9) the effect of changes in general economic conditions; (10) the effect of geopolitical uncertainties; (11) the impact of health crises on our future financial condition and operations; (12) the impact of any
volatility in the banking sector due to the failure of certain banks due to high levels of exposure to liquidity risk, interest rate risk, uninsured deposits and cryptocurrency risk; (13) the loss of our CDFI certification could potentially limit
our grant income awards; and (14) other risks and uncertainties. All such factors are difficult to predict and are beyond our control. Additional factors that could cause results to differ materially from those described above can be found in
our annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K or other filings made with the SEC and are available on our website at http://www.cityfirstbank.com and on the SEC’s website at http://www.sec.gov.
Forward-looking statements in this press release speak only as of the date they are made, and we undertake no obligation, and do
not intend, to update these forward-looking statements to reflect events or circumstances occurring after the date of this press release, except to the extent required by law. You are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this press release.
BROADWAY FINANCIAL CORPORATION
Consolidated Statements of Financial Condition
(In thousands, except share and per share amounts)
September 30, 2026
December 31, 2025
(Unaudited)
Assets:
Cash and due from banks
$
1,824
$
1,676
Interest-bearing deposits in other banks
47,486
8,831
Cash and cash equivalents
49,310
10,507
Securities available-for-sale, at fair value (amortized cost of $326,554 and $265,371)
305,410
256,835
Loans receivable held for investment, net of allowance of $9,964 and $9,424
1,132,690
1,016,540
Accrued interest receivable
7,518
5,999
Federal Home Loan Bank (FHLB) stock
5,752
4,417
Federal Reserve Bank (FRB) stock
3,543
3,543
Office properties and equipment, net
8,730
8,732
Bank owned life insurance
24,443
23,663
Deferred tax assets, net
10,379
6,711
Core deposit intangible, net
1,232
1,460
Other assets
7,916
7,162
Total assets
$
1,556,923
$
1,345,569
Liabilities and equity
Liabilities:
Deposits
$
1,109,962
$
917,603
Securities sold under agreements to repurchase
79,999
80,773
Borrowings
99,000
72,000
Accrued expenses and other liabilities
12,345
12,236
Total liabilities
1,301,306
1,082,612
Equity:
Non-Cumulative Redeemable Perpetual Preferred stock, Series C; authorized 150,000 shares at September
30, 2026 and December 31, 2025; issued and outstanding 150,000 shares at September 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 September 30, 2026
and December 31, 2025; issued 6,505,579 shares at September 30, 2026 and 6,409,760 shares at December 31, 2025; outstanding 6,178,351 shares at September 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 September 30,
2026 and December 31, 2025; issued and outstanding 1,425,404 shares at September 30, 2026 and December 31, 2025
14
14
Common stock, Class C, $0.01 par value, non-voting; authorized 25,000,000 shares at September 30,
2026 and December 31, 2025; issued and outstanding 1,672,562 at September 30, 2026 and December 31, 2025
17
17
Additional paid-in capital
143,653
143,194
Accumulated deficit
(14,219
)
(15,238
)
Unearned Employee Stock Ownership Plan (ESOP) shares
(3,680
)
(3,869
)
Accumulated other comprehensive loss, net of tax
(15,056
)
(6,105
)
Treasury stock-at cost, 327,228 shares at September 30, 2026 and at December 31, 2025
(5,326
)
(5,326
)
Total Broadway Financial Corporation and Subsidiary equity
255,468
262,751
Non-controlling interest
149
206
Total liabilities and equity
$
1,556,923
$
1,345,569
The following table sets forth the consolidated statements of operations for the three and nine months ended September 30, 2026 and 2025.
BROADWAY FINANCIAL CORPORATION
Consolidated Statements of Operations
(In thousands, except share and per share amounts)
(Unaudited)
Three Months Ended
Nine Months Ended
September 30,
2026
June 30,
2026
September 30,
2025
September 30,
2026
September 30,
2025
Interest income:
Interest and fees on loans receivable
$
15,120
$
14,353
$
13,418
$
42,760
$
39,360
Interest on available-for-sale securities
3,380
3,210
1,690
9,203
4,069
Other interest income
298
240
683
847
1,560
Total interest income
18,798
17,803
15,791
52,810
44,989
Interest expense:
Interest on deposits
6,973
6,985
5,363
19,948
14,441
Interest on borrowings
1,929
1,328
1,811
4,423
6,131
Total interest expense
8,902
8,313
7,174
24,371
20,572
Net interest income
9,896
9,490
8,617
28,439
24,417
Provision for credit losses
668
1,481
679
2,349
2,139
Net interest income after provision for credit losses
9,228
8,009
7,938
26,090
22,278
Non-interest income:
Service charges
36
44
47
124
131
Grants
55
23
145
185
275
Earnings on bank owned life insurance
264
261
61
780
83
Management fees
8
475
19
497
106
Other
133
147
150
449
470
Total non-interest income
496
950
422
2,035
1,065
Non-interest expense:
Compensation and benefits
4,684
4,253
4,340
13,823
14,036
Occupancy expense
530
458
505
1,496
1,530
Information services
1,051
804
768
2,795
2,248
Professional services
629
571
624
1,786
2,112
Advertising and promotional expense
73
56
76
253
183
Supervisory costs
292
179
161
656
510
Corporate insurance
72
56
86
183
219
Amortization of core deposit intangible
76
76
78
228
236
Operational loss
-
-
(1,603
)
-
340
Goodwill impairment
-
-
25,858
-
25,858
Other
924
1,023
625
2,602
1,965
Total non-interest expense
8,331
7,476
31,518
23,822
49,237
Income (loss) before income taxes
1,393
1,483
(23,158
)
4,303
(25,894
)
Income tax expense (benefit)
279
330
736
891
(54
)
Net income (loss)
1,114
1,153
(23,894
)
3,412
(25,840
)
Less: Net (loss) income attributable to non-controlling interest
(28
)
185
(11
)
143
(20
)
Net income (loss) attributable to Broadway Financial Corporation
1,142
968
(23,883
)
3,269
(25,820
)
Less: Preferred stock dividends
750
750
750
2,250
2,250
Net income (loss) attributable to common stockholders
$
392
$
218
$
(24,633
)
$
1,019
$
(28,070
)
Earnings (loss) per common share-basic
$
0.04
$
0.02
$
(2.86
)
$
0.12
$
(3.27
)
Earnings (loss) per common share-diluted
$
0.04
$
0.02
$
(2.86
)
$
0.11
$
(3.27
)
The following tables set forth the average balances, average yields and costs for the periods indicated. All average balances are daily average balances. The yields
set forth below include the effect of deferred loan fees, and discounts and premiums that are amortized or accreted to interest income or expense.
BROADWAY FINANCIAL CORPORATION
Consolidated Averages, Interest Yields and Rates (Unaudited)
(In thousands, except share and per share amounts)
Three Months Ended
Three Months Ended
Three Months Ended
September 30, 2026
June 30, 2026
September 30, 2025
Assets
Interest-earning assets:
Interest-bearing deposits
$
16,416
$
150
3.63
%
$
13,380
$
120
3.60
%
$
49,348
$
556
4.47
%
Securities
320,693
3,380
4.18
%
312,186
3,210
4.12
%
206,224
1,690
3.25
%
Loans receivable (1)
1,140,585
15,120
5.26
%
1,101,866
14,353
5.22
%
993,090
13,418
5.36
%
FRB and FHLB stock (2)
10,117
148
5.80
%
7,530
120
6.39
%
7,461
127
6.75
%
Total interest-earning assets
1,487,811
$
18,798
5.01
%
1,434,962
$
17,803
4.98
%
1,256,123
$
15,791
4.99
%
Non-interest-earning assets
42,971
42,246
50,659
Total assets
$
1,530,782
$
1,477,208
$
1,306,782
Liabilities and Stockholders’ Equity
Interest-bearing liabilities:
Money market deposits
$
184,743
$
1,049
2.25
%
$
175,103
$
942
2.16
%
$
155,121
$
422
1.08
%
Savings deposits
197,914
1,743
3.49
%
244,794
2,213
3.63
%
44,095
50
0.45
%
Interest checking and other demand deposits
256,432
1,448
2.24
%
262,783
1,447
2.21
%
263,972
2,105
3.16
%
Certificate accounts
318,644
2,733
3.40
%
281,036
2,383
3.40
%
282,955
2,786
3.91
%
Total deposits
957,733
6,973
2.89
%
963,716
6,985
2.91
%
746,143
5,363
2.85
%
FHLB Borrowings
117,213
1,166
3.95
%
62,884
614
3.92
%
63,016
711
4.48
%
Securities sold under agreements to repurchase
82,126
763
3.69
%
77,553
714
3.69
%
76,906
710
3.66
%
Secured borrowings
-
-
-
-
-
-
30,253
390
5.11
%
Total borrowings
199,339
1,929
3.84
%
140,437
1,328
3.79
%
170,175
1,811
4.22
%
Total interest-bearing liabilities
1,157,072
$
8,902
3.05
%
1,104,153
$
8,313
3.02
%
916,318
$
7,174
3.11
%
Non-interest-bearing liabilities
111,468
109,709
104,006
Stockholders’ equity
262,242
263,346
286,458
Total liabilities and stockholders’ equity
$
1,530,782
$
1,477,208
$
1,306,782
Net interest rate spread (3)
$
9,896
1.96
%
$
9,490
1.96
%
$
8,617
1.88
%
Net interest rate margin (4)
2.64
%
2.65
%
2.72
%
Ratio of interest-earning assets to interest-bearing liabilities
128.58
%
129.96
%
137.08
%
(1) Amount includes non-accrual loans.
(2) FHLB is Federal Home Loan Bank.
(3) Net interest rate spread represents the difference between the yield on average interest-earning assets and the cost of average
interest-bearing liabilities.
(4) Net interest rate margin represents net interest income as a percentage of average interest-earning assets.
For the Nine Months Ended
September 30, 2026
September 30, 2025
(Dollars in thousands) (Unaudited)
Average Balance
Interest
Average Yield
Average Balance
Interest
Average Yield
Assets
Interest-earning assets:
Interest-earning deposits
$
17,430
$
470
3.61
%
$
34,221
$
1,134
4.43
%
Securities
299,634
9,203
4.11
%
195,049
4,069
2.79
%
Loans receivable (1)
1,094,214
42,760
5.22
%
995,521
39,360
5.29
%
FRB and FHLB stock (2)
8,109
377
6.22
%
8,694
426
6.55
%
Total interest-earning assets
1,419,387
$
52,810
4.97
%
1,233,485
$
44,989
4.88
%
Non-interest-earning assets
42,533
49,799
Total assets
$
1,461,920
$
1,283,284
Liabilities and Equity
Interest-bearing liabilities:
Money market deposits
$
183,674
$
3,037
2.21
%
$
136,183
$
1,015
1.00
%
Savings deposits
182,073
4,586
3.37
%
46,506
179
0.51
%
Interest checking and other demand deposits
261,191
4,515
2.31
%
256,952
5,991
3.12
%
Certificate accounts
304,356
7,810
3.43
%
259,447
7,256
3.74
%
Total deposits
931,294
19,948
2.86
%
699,088
14,441
2.76
%
Borrowings
74,991
2,201
3.92
%
91,585
2,950
4.31
%
Securities sold under agreements to repurchase
80,678
2,222
3.68
%
71,302
1,948
3.65
%
Secured borrowings
-
-
-
%
30,946
1,233
5.33
%
Total borrowings
155,669
4,423
3.80
%
193,833
6,131
4.23
%
Total interest-bearing liabilities
1,086,963
$
24,371
3.00
%
892,921
$
20,572
3.08
%
Non-interest-bearing liabilities
111,614
104,684
Equity
263,343
285,679
Total liabilities and equity
$
1,461,920
$
1,283,284
Net interest rate spread (3)
$
28,439
1.98
%
$
24,417
1.80
%
Net interest rate margin (4)
2.68
%
2.65
%
Ratio of interest-earning assets to interest-bearing liabilities
130.58
%
138.14
%
(1) Amount includes non-accrual loans.
(2) FHLB is Federal Home Loan Bank.
(3) Net interest rate spread represents the difference between the yield on average interest-earning assets and the cost of average
interest-bearing liabilities.
(4) Net interest rate margin represents net interest income as a percentage of average interest-earning assets.
The following table sets forth selected financial data and ratios for the quarters and nine months noted below.
BROADWAY FINANCIAL CORPORATION
Selected Financial Data and Ratios (Unaudited)
(Dollars in thousands, except per share data)
Three Months Ended
Nine Months Ended
September 30,
2026
June 30,
2026
March 31,
2026
December 31,
2025
September 30,
2025
September 30,
2026
September 30,
2025
Balance Sheets at Period Ended:
Total gross loans
$
1,142,654
$
1,137,338
$
1,068,771
$
1,025,964
$
1,023,483
$
1,142,654
$
1,023,483
Allowance for credit losses
9,964
10,799
9,509
9,424
10,339
9,964
10,339
Investment securities
305,410
327,030
284,103
256,835
244,005
305,410
244,005
Total assets
1,556,923
1,563,699
1,426,065
1,345,569
1,335,565
1,556,923
1,335,565
Total deposits
1,109,962
1,114,651
1,073,056
917,603
849,205
1,109,962
849,205
Total stockholders’ equity
255,468
262,304
262,480
262,751
261,687
255,468
261,687
Profitability for Period Ended:
Interest income
$
18,798
$
17,803
$
16,209
$
16,293
$
15,791
$
52,810
$
44,989
Interest expense
8,902
8,313
7,156
7,563
7,174
24,371
20,572
Net interest income
9,896
9,490
9,053
8,730
8,617
28,439
24,417
Provision for credit losses
668
1,481
200
47
679
2,349
2,139
Non-interest income
496
950
589
687
422
2,035
1,065
Non-interest expenses
8,331
7,476
8,015
7,946
31,518
23,822
49,237
Income (loss) before income taxes
1,393
1,483
1,427
1,424
(23,158
)
4,303
(25,894
)
Income tax expense (benefit)
279
330
282
392
736
891
(54
)
Net income (loss)
1,114
1,153
1,145
1,032
(23,894
)
3,412
(25,840
)
Less: Net (loss) income attributable to non-controlling interest
(28
)
185
(14
)
7
(11
)
143
(20
)
Net income (loss) attributable to Broadway Financial Corporation
1,142
968
1,159
1,025
(23,883
)
3,269
(25,820
)
Less: Preferred stock dividends
750
750
750
750
750
2,250
2,250
Net income (loss) attributable to common stockholders
$
392
$
218
$
409
$
275
$
(24,633
)
$
1,019
$
(28,070
)
Financial Performance:
Return (loss) on average assets (annualized)
0.10
%
0.06
%
0.12
%
0.08
%
(7.48
)%
0.09
%
(2.92
)%
Return (loss) on average equity (annualized)
0.59
%
0.34
%
0.63
%
0.41
%
(34.12
)%
0.52
%
(13.14
)%
Net interest margin
2.64
%
2.65
%
2.75
%
2.62
%
2.72
%
2.68
%
2.65
%
Efficiency ratio
80.17
%
71.61
%
83.13
%
84.38
%
348.69
%
78.17
%
193.22
%
Per Share Data:
Book value per share
$
11.37
$
12.11
$
12.10
$
12.28
$
12.17
$
11.37
$
12.17
Weighted average common shares (basic)
8,682,092
8,679,800
8,597,291
8,639,459
8,617,707
7,324,696
8,581,883
Weighted average common shares (diluted)
8,871,913
8,874,673
8,816,188
8,639,459
8,617,707
8,854,549
8,581,883
Common shares outstanding at end of period
9,276,317
9,273,624
9,298,949
9,180,498
9,180,760
9,276,317
9,180,760
Financial Measures:
Gross loans to assets
73.39
%
72.73
%
74.95
%
76.25
%
76.63
%
73.39
%
76.63
%
Gross loans to deposits
102.95
%
102.04
%
99.60
%
111.81
%
120.52
%
102.95
%
120.52
%
Allowance for credit losses to gross loans
0.87
%
0.95
%
0.89
%
0.92
%
1.01
%
0.87
%
1.01
%
Allowance for credit losses to total non-accrual loans
72.59
%
96.74
%
82.97
%
84.38
%
76.36
%
72.59
%
76.36
%
Non-accrual loans to gross loans
1.20
%
0.98
%
1.07
%
1.09
%
1.32
%
1.20
%
1.32
%
Non-performing assets to total assets
0.88
%
0.71
%
0.80
%
0.83
%
1.01
%
0.88
%
1.01
%
Net charge-offs (recoveries) to average total loans
0.13
%
0.03
%
-
0.11
%
-
0.16
%
-
Average Balance Sheets:
Total loans
$
1,140,585
$
1,101,866
$
1,039,076
$
1,050,757
$
993,090
$
1,094,214
$
995,521
Investment securities
320,693
312,186
265,415
246,662
206,224
299,634
195,049
Total assets
1,530,782
1,477,208
1,376,070
1,361,026
1,306,782
1,461,920
1,283,284
Total deposits
957,733
963,716
871,487
775,913
746,143
931,294
699,088
Total stockholders’ equity
262,242
263,346
264,464
263,266
286,458
263,343
285,679
In addition to results presented in accordance with U.S. generally accepted accounting principles (“GAAP”), management considers various non-GAAP measures when
evaluating the performance of the business, including net income and diluted earnings per common share before preferred dividends, net income and diluted earnings per common share before preferred dividends and goodwill impairment, pre-provision
net revenue, efficiency ratio, and tangible book value (collectively, the “non-GAAP measures”). These non-GAAP measures are measurements of performance that are not prepared in accordance with U.S. generally accepted accounting principles and
computational methods may differ from those used by other companies. Management believes these non-GAAP measures provide useful supplemental information to investors because they assist investors in understanding how management evaluates operating
performance and makes day-to-day operating decisions. However, these non-GAAP measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures and should be read only in conjunction with the Company’s financial
statements prepared in accordance with GAAP.
The following table sets forth a GAAP to Non-GAAP reconciliation of financial measures for the quarters and nine months noted below.
BROADWAY FINANCIAL CORPORATION AND SUBSIDIARY
GAAP Reconciliation to Non-GAAP Financial Measures (Unaudited)
(Dollars in thousands, except per share data)
Three Months Ended
Nine Months Ended
September 30,
2026
June 30,
2026
September 30,
2025
September 30,
2026
September 30,
2025
Net income before preferred dividends and Earnings per common share - diluted before preferred dividends:
Net income (loss) attributable to common stockholders
$
392
$
218
$
(24,633
)
$
1,019
$
(28,070
)
Net (income) loss attributable to participating securities
8
5
-
24
-
Add: Preferred stock dividends
750
750
750
2,250
2,250
Net income before preferred dividends
1,150
973
(23,883
)
3,293
(25,820
)
Add: Goodwill impairment
-
-
25,858
-
25,858
Net income before preferred dividends and goodwill impairment
$
1,150
$
973
$
1,975
$
3,293
$
38
Weighted average common shares outstanding for diluted earnings per common share
8,871,913
8,874,673
8,617,707
8,854,549
8,581,883
Earnings per common share - diluted before preferred dividends
$
0.13
$
0.11
$
0.23
$
0.37
$
0.00
Pre-provision net revenue:
Net interest income
$
9,896
$
9,490
$
8,617
$
28,439
$
24,417
Non-interest income
496
950
422
2,035
1,065
Less: Non-interest expense
8,331
7,476
31,518
23,822
49,237
Pre-provision net revenue
$
2,061
$
2,964
$
(22,479
)
$
6,652
$
(23,755
)
Three Months Ended
Nine Months Ended
September 30,
2026
June 30,
2026
March 31,
2026
December 31,
2025
September 30,
2025
September 30,
2026
September 30,
2025
Efficiency ratio:
Net interest income
$
9,896
$
9,490
$
9,053
$
8,730
$
8,617
$
28,439
$
24,417
Non-interest income
496
950
589
687
422
2,035
1,065
Operating revenue
10,392
10,440
9,642
9,417
9,039
30,474
25,482
Non-interest expense
$
8,331
$
7,476
$
8,015
$
7,946
$
31,518
$
23,822
$
49,237
Efficiency ratio
80.17
%
71.61
%
83.13
%
84.38
%
348.69
%
78.17
%
193.22
%
September 30,
2026
December 31,
2025
ACL as a percentage of total loans less purchased loans:
Gross loans
$
1,142,654
$
1,026,143
Less: Purchased loans
170,827
75,321
Gross loans less purchased loans
971,827
950,822
ACL
9,964
8,695
ACL as a percentage of total loans less purchased loans
1.03
%
0.91
%
Common Equity
Shares
Per Share
Capital
Outstanding
Amount
September 30, 2026
Common book value
$
105,468
9,276,317
$
11.37
Less:
Net unamortized core deposit intangible
1,232
Tangible book value
$
104,236
9,276,317
$
11.24
December 31, 2025
Common book value
$
112,751
9,180,498
$
12.28
Less:
Net unamortized core deposit intangible
1,460
Tangible book value
$
111,291
9,180,498
$
12.12
Net income and diluted earnings per common share before preferred dividends and goodwill impairment represent net income and diluted earnings per share adjusted to
exclude the impact of preferred stock dividends and goodwill impairment. Net income and diluted earnings per common share before preferred dividends represent net income and diluted earnings per share adjusted to exclude the impact of preferred
stock dividends. Management considers this information useful to investors because it provides additional perspective on the earnings available from the Company’s operating activities and facilitates comparisons across reporting periods.
Pre-provision net revenue is calculated by subtracting noninterest expenses from the sum of net interest income and noninterest income. Management considers this
information useful to investors because it provides supplemental information regarding the Company’s ability to generate earnings through its business activities before consideration of the provision for credit losses, which can vary significantly
from period to period.
Efficiency ratio represents noninterest expense divided by the sum of net interest income and noninterest income, excluding certain non-core items, as applicable.
Management considers this information useful to investors as it provides supplemental information regarding the relationship between operating expenses and revenue generation.
The Company calculates tangible book value per common share by dividing tangible common equity by common shares outstanding. Tangible common equity is calculated as
common stockholders’ equity less goodwill and other intangible assets.
Management believes this measure is useful to investors as tangible equity is a measure that is consistent with the calculation of capital for bank regulatory
purposes, which excludes intangible assets from the calculation of risk based ratios, and provides a meaningful assessment of capital adequacy and facilitates comparisons with other financial institutions.
EX-99.2 — EXHIBIT 99.2
EX-99.2
Filename: ef20085511_ex99-2.htm · Sequence: 3
Exhibit 99.2
Third Quarter 2026 Earnings Presentation November 12, 2026
Cautionary Forward-Looking Statements This presentation is for informational
purposes only and does not purport to include a complete discussion of the topics mentioned and should not be relied upon as a basis for making an investment decision in the Company’s securities. This presentation also includes
“forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements often include words such as “expect,” “estimate,” “project,”
“budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions, but the absence of such words or expressions does not mean a statement is not
forward-looking. These forward‑looking statements are subject to risks and uncertainties, including those identified below, which could cause actual future results to differ materially from historical results or from those anticipated or
implied by such statements. The following factors, among others, could cause future results to differ materially from historical results or from those indicated by forward‑looking statements included in this presentation: (1) the level of
demand for mortgage and commercial loans, which is affected by such external factors as general economic conditions, market interest rate levels, tax laws, and the demographics of our lending markets; (2) the direction and magnitude of
changes in interest rates and the relationship between market interest rates and the yield on our interest‑earning assets and the cost of our interest‑bearing liabilities; (3) the rate and amount of credit losses incurred and projected to
be incurred by us, increases in the amounts of our nonperforming assets, the level of our loss reserves and management’s judgments regarding the collectability of loans; (4) changes in the regulation of lending and deposit operations or
other regulatory actions, whether industry-wide or focused on our operations, including increases in capital requirements or directives to increase allowances for credit losses or make other changes in our business operations; (5)
legislative or regulatory changes, including those that may be implemented by the current administration in Washington, D.C. and the Federal Reserve Board; (6) possible adverse rulings, judgments, settlements and other outcomes of
litigation; (7) actions undertaken by both current and potential new competitors; (8) the possibility of adverse trends in property values or economic trends in the residential and commercial real estate markets in which we compete; (9) the
effect of changes in general economic conditions; (10) the effect of geopolitical uncertainties; (11) the impact of health crises on our future financial condition and operations; (12) the impact of any volatility in the banking sector due
to the failure of certain banks due to high levels of exposure to liquidity risk, interest rate risk, uninsured deposits and cryptocurrency risk; (13) the loss of our CDFI certification could potentially limit our grant income awards; and
(14) other risks and uncertainties. All such factors are difficult to predict and are beyond our control. Additional factors that could cause results to differ materially from those described above can be found in our annual reports on Form
10-K, quarterly reports on Form 10-Q, current reports on Form 8-K or other filings made with the SEC and are available on our website at http://www.cityfirstbank.com and on the SEC’s website at http://www.sec.gov. Forward-looking
statements in this presentation speak only as of the date they are made, and we undertake no obligation, and do not intend, to update these forward-looking statements to reflect events or circumstances occurring after the date of this
presentation, except to the extent required by law. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this presentation.
Corporate Overview & Geographic Footprint In 2021, Broadway Financial
Corporation (BYFC) located in Los Angeles, CA completed a merger with CFBanc Corporation located in Washington, D.C., with BYFC continuing as the surviving entity BYFC proudly serves communities on both coasts, with branches in Washington,
D.C. and Los Angeles, California A mission-driven commercial bank with a focus on the benefit and economic empowerment of our customers and communities. BYFC exists to empower organizations and individuals with more limited access to
traditional commercial finance and banking services BYFC operates as a certified B Corp and Public Benefit Corporation. City First Bank, N.A. operates as a certified Community Development Financial Institution (CDFI) As of September 30,
2026, BYFC has 96 full-time equivalent employees Ticker NASDAQ: BYFC Established 1946 (Broadway Federal Bank) 1995 (Broadway Financial Corporation) Headquarters Washington, D.C. (Bank HQ) Los Angeles, CA (Holding Co.
HQ) Branches 1 full-service branch – Washington, D.C. 2 full-service branches – Los Angeles, CA Total Assets $1.6 billion (as of 9/30/26) Total Gross Loans $1.1 billion (as of 9/30/26) Total Deposits $1.1 billion (as of
9/30/26) Earnings Per Share (Basic) $0.04 (for three months ended 9/30/26) Community Bank Leverage Ratio (CBLR) 12.83% (as of 9/30/26) Los Angeles, CA Washington, D.C. | Branch and Corporate Office Locations Full-Service
Branch Corporate Office Only
Executive Management Team Brian Argrett President & CEO 35+ Years of
Experience CEO of City First Bank prior to the merger with Broadway Former Founder and Managing Partner of Fulcrum Capital Group Zack Ibrahim Chief Financial Officer 20+ Years of Experience Former Head of Corporate Finance at Texas
Capital Bank Previously held key financial leadership roles at Truist, M&T Bank, Regions, Northern Trust, & TIAA John Allen Chief Banking Officer 30+ Years of Experience Former Regional Bank President for Wells
Fargo Previously held roles at Santander Bank, Capital One, and Fifth Third Bank Justin Jennings Chief Deposit Officer Brian Wagner Chief Human Resources Officer 20+ Years of Experience Previously held roles with EagleBank Corp,
Truist, and PNC Experience with acquiring top talent across the nation with multiple institutions Tina Carew Chief Legal Officer & Corporate Secretary 25+ Years of Experience Former General Counsel and Corporate Secretary for
Invesco Mortgage Capital Inc. Previously held roles at FHLB Atlanta and Sullivan & Cromwell 20+ Years of Experience Former Operations Officer at Columbia Bank Previously held treasury and operations roles at JP Morgan Chase &
Co
Q3 2026 Financial Summary 1 Strong Fundamental Performance: Q3 2026 Net
Income Attributable to Common Stockholders of $0.4MM was up 80% QoQ 2 Strong Balance Sheet Growth: Total assets increased $221MM (17%) YoY, reflecting continued momentum in franchise growth. Total deposits increased $261MM (31%)
YoY 3 Strategic Investments: Increased non-interest expense reflects investments in personnel, technology, and operational infrastructure to support growth, enhance client services, and strengthen the long-term operating
platform 4 Margin: Despite elevated funding costs in a higher rate environment, net interest margin remained stable QoQ. Management is focused on loan repricing opportunities, optimizing deposit mix, and disciplined balance sheet
management 5 Capital: While capital ratios moderated from prior-year levels, they remain substantially above regulatory well-capitalized thresholds. The decline primarily reflects strong asset growth and deployment of capital into earning
assets
Stock Price & Valuations | Stock Valuation ($) | Stock Price
($) Price / Book Value Per Share 60% 60% 60% 80% 104% Price / TBV Per Share 61% 61% 61% 81% 105% 1 Non-GAAP Measure. Please see the reconciliation of Non-GAAP information in the appendix of the presentation 1 1
Key Financial Highlights 1 Non-Interest Expense is adjusted for recoveries of
$1.6MM in Q3 2025 and $0.2MM in Q4 2025 from a $1.9MM wire fraud expense in Q1 2025. Non-Interest Expense is also adjusted to exclude goodwill impairment of $25.9MM in Q3 2025. 2 Non-GAAP Measure. Please see the reconciliation of Non-GAAP
information in the appendix of the presentation 3 Thousands (M); Millions (MM) Key Financial Highlights ActualsQ3 '26 ActualsQ2 '26 ActualsQ3 '25 ▲ vsPr Qtr ▲ vsPr Yr Balance Sheet ($MM) Gross Loan
Balances $1,143 $1,137 $1,023 0% 12% Deposit Balances $1,110 $1,115 $849 (0%) 31% Investment Balance $305 $327 $244 (7%) 25% Total Assets $1,557 $1,564 $1,336 (0%) 17% Income Statement
($MM) Net Income Attributable to Common Stockholders $0.4 $0.2 ($24.6) 80% N/A Net income attributable to Broadway Financial Corporation $1.1 $1.0 ($23.9) 18% N/A Net Interest Income $9.9 $9.5 $8.6
4% 15% Non-Interest Income $0.5 $1.0 $0.4 (48%) 18% Operating Revenue $10.4 $10.4 $9.0 (0%) 15% Non-Interest Expense $8.3 $7.5 $31.5 11% (74%) Adj. Non-Interest Expense 1&2 $8.3 $7.5 $7.3
11% 15% Provision Expense $0.7 $1.5 $0.7 (55%) (2%) Pre-Provision Net Revenue 2 $2.1 $3.0 ($22.5) (30%) N/A Key Performance Metrics Net Interest
Margin 2.64% 2.65% 2.72% (0.01%) (0.08%) Loan Yields 5.26% 5.22% 5.36% 0.04% (0.10%) Cost of Interest-Bearing Funds 3.05% 3.02% 3.11% 0.03% (0.06%) Loan to Deposit Ratio 102.9% 102.0% 120.5% 0.9% (17.6%) Return on
Average Assets 0.10% 0.06% (7.48%) 0.04% 7.58% Efficiency Ratio 2 80% 72% 349% 9% (269%) Adj. Efficiency Ratio 2 80% 72% 80% 9% (0%) ACL % of Gross LHI 0.87% 0.95% 1.01% (0.08%) (0.14%) ACL % of Gross LHI (excl
GGLs) 2 1.03% 1.09% 1.07% (0.07%) (0.05%)
Third Quarter 2026 GAAP Financial Highlights | Net Income attributable to
Broadway _Financial Corporation ($MM)1 | Total Gross Loans ($MM) | Total Deposits ($MM) | Community Bank Leverage _Ratio (%) | Net Interest Margin (%) | ROAA (%) 1 One-time corrections of errors in the calculation of interest on
loans occurred in Q2 2026 with pre-tax impacts of ($0.5MM)
Deposits & Borrowings Portfolios | Total Deposits ($MM) & Loans to
Deposits | Deposit Composition % | FHLB & Repos ($MM) | Highlights YoY total deposits have increased $261MM or 31% from $849MM in Q3 2025 to $1,110MM in Q3 2026 Loan to Deposit Ratio (LTD) improved from 120.5% to 102.9% YoY As
of Q3 2026, FHLB borrowings were $99MM. FHLB borrowings were utilized as short-term funding to support asset growth Deposit composition indicates a diverse portfolio with 9% of balances in non-interest-bearing accounts. The long-term
strategic goal is to double that percentage to help reduce overall cost of funds As of Q3 2026, deposits include $100MM in brokered CDs, $146MM in CDARS, and $225MM in
ICS 2025 Q3 2025 Q4 2026 Q1 2026 Q2 2026 Q3 FHLB 107.5 72.0 0.0 94.0 99.0 Repos 76.1 80.8 81.2 81.9 80.0 Total 183.6 152.8 81.2 175.9 179.0
| Loan Yields2 % Loan Portfolio | Loan Composition % | Total Gross Loans
($MM) | Highlights YoY total gross loans have increased by $119MM or 12% from $1,023MM in Q3 2025 to $1,143MM in Q3 2026 Loan yields have increased from 5.22% in Q2 2026 to 5.26% in Q3 2026. Continued repricing activity is expected to
provide support to loan yields and net interest margin in the coming quarters Loan portfolio composition is heavily weighted toward multi-family due to the legacy lending strategy. We expect that mix to shift as we execute our long-term
strategic goals 1 1 GGL = Government Guaranteed Loan (USDA & SBA) 2 One-time corrections of errors in the calculation of interest on loans occurred in Q2 2026 with pre-tax impacts of ($0.5MM) and Q1 2026 with pre-tax impacts of
($0.3MM)
Investment Securities | Investment Portfolio Composition | Investment
Portfolio Yield (Market Yield) | Highlights As of Q3 2026, the investment securities portfolio book value was $327MM. The portfolio is primarily concentrated in MBS, CMO, and Corporate Bonds The Unrealized Loss increased to ($21.1MM) in
Q3 2026 from ($10.7MM) in Q2 2026, due to changes in the fair value of investment securities resulting from market interest rate movements YoY portfolio (market) yield improved from 3.25% to 4.18% due to purchases of higher-yielding
securities The investment portfolio includes $30MM of high-quality bank sub-debt with a book yield of 6.22% as of Q3 2026 1 Securities book value excludes unrealized Available for Sale (AFS) gain / loss on sale Type % of Portfolio Book
Yield Book Value ($M)1 Market Value ($M) Unrealized Gain/Loss ($M) MBS (Fixed) 48% 3.87% 155,635 140,386 (15,249) CMO (Float) 24% 4.70% 77,773 76,465 (1,307) Corporate Bonds 9% 6.22% 30,000 29,151 (849) CMO
(Fixed) 7% 4.17% 24,192 22,879 (1,312) Agency (Fixed) 5% 1.46% 16,890 16,092 (798) SBA (Fixed) 2% 1.66% 7,420 6,095 (1,325) Agency (Float) 2% 4.62% 5,547 5,558 11 Muni - Taxable 1% 1.44% 3,187 3,053
(135) CMBS (Float) 1% 4.25% 3,018 3,016 (2) Muni - TE 0% 1.64% 1,553 1,376 (176) SBA (Float) 0% 5.28% 694 697 3 MBS (Float) 0% 5.40% 646 642 (4) Total 100% 4.12% 326,554 305,410 (21,144)
Asset Quality | NPAs ($MM) and NPAs/Assets (%) | Provision for Credit
Losses ($MM) and _Provision / Gross Loans (Annualized %) | ACL / Adj. Gross Loans (%)1 | NCOs/Gross Loans (Annualized %) 1 Gross loans were adjusted for purchased government guaranteed loans (GGLs) attracting no loan loss reserves.
Non-GAAP Measure. Please see the reconciliation of Non-GAAP information in the appendix of the presentation.
Net Interest Income | Net Interest Income ($MM) and Net Interest Margin
(%) | Interest Expense Breakout ($MM) | Interest Income Breakout ($MM) | Interest Expense ($MM) and Cost of Funds (%)1 1 Cost of Funds reflects cost of interest-bearing liabilities
Non-Interest Expense | NIE Breakout by Category (GAAP) 1 Non-Interest
Expense is adjusted for recoveries of $1.6MM in Q3 2025 and $0.2MM in Q4 2025 from a $1.9MM wire fraud expense in Q1 2025. Non-Interest Expense is also adjusted to exclude goodwill impairment of $25.9MM in Q3 2025. 2 Non-GAAP Measure.
Please see the reconciliation of Non-GAAP information in the appendix of the presentation. | Adjusted Non-Interest Expense ($MM)1&2 | Adjusted Efficiency Ratio (%)2 ($M) Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 QoQ Change YoY
Change Compensation & Benefits 4,340 4,802 4,886 4,253 4,684 10% 8% Occupancy & Equipment 505 507 508 458 530 16% 5% Marketing and Promotion Expense 76 0 124 56 73 30% (4%) Professional
Fees 624 896 586 571 629 10% 1% Information Services 768 763 940 804 1,051 31% 37% Amortization of Intangibles 78 79 76 76 76 0% (3%) Impairment of Goodwill 25,858 0 0 0 0 N/A (100%) Operational Loss
(Recovery) (1,603) (240) 0 0 0 N/A (100%) Other Expense 872 1,139 895 1,258 1,288 2% 48% Total Non-Interest Expense 31,518 7,946 8,015 7,476 8,331 11% (74%)
Capital & Liquidity | Community Bank Leverage Ratio (%) | Tier 1
Capital ($MM) | Liquidity Sources ($MM) | Highlights Community Bank Leverage Ratio (CBLR) remains strong at 12.83% as of Q3 2026, reflecting the Bank's strong capital position and well-capitalized status, with a substantial buffer above
the 8.00% regulatory minimum We believe the Bank has access to sufficient liquidity from cash, unpledged securities, and available FHLB advance capacity Tier 1 capital reflects steady growth over the last five quarters Source As of
9/30/26 Cash and Cash Equivalents 49.3 Market Value of Unpledged Securities 211.2 Available FHLB Advance Capacity 88.7 Available Fed Fund Lines of Credit 10.0 Total Estimated Sources of Liquidity 359.3
Appendix
Quarterly Financial Summary 1 One-time corrections of errors in the
calculation of interest on loans occurred in Q2 2026 with pre-tax impacts of ($0.5MM) and Q1 2026 with pre-tax impacts of ($0.3MM) 2 Non-Interest Expense is adjusted for recoveries of $1.6MM in Q3 2025 and $0.2MM in Q4 2025 from a $1.9MM
wire fraud expense in Q1 2025. Non-Interest Expense is also adjusted to exclude goodwill impairment of $25.9MM in Q3 2025. 3 Non-GAAP Measure. Please see the reconciliation of Non-GAAP information in the appendix of the presentation END
OF PERIOD DATE 9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026 BALANCE SHEET ($000) Total Net Loans 1,013,144 1,016,540 1,059,262 1,126,539 1,132,690 Total
Securities 244,005 256,835 284,103 327,030 305,410 Total Assets 1,335,565 1,345,569 1,426,065 1,563,699 1,556,923 Total Deposits 849,205 917,603 1,073,056 1,114,651 1,109,962 INCOME STATEMENT
($000) Interest Income1 15,791 16,293 16,209 17,803 18,798 Interest Expense 7,174 7,563 7,156 8,313 8,902 Total Non-Interest Income 422 687 589 950 496 Non-Interest Expenses 31,518 7,946
8,015 7,476 8,331 Adjusted Non-interest Expenses 2&3 7,263 8,186 8,015 7,476 8,331 Provision for Credit Losses 679 47 200 1,481 668 Pre-Provision Net Revenue3 (22,479) 1,471 1,627 2,964 2,061 Net
Income (loss) attributable to common stockholders1 (24,633) 275 409 218 392 Net Income (loss) attributable to Broadway Financial Corporation1 (23,883) 1,025 1,159 968 1,142 KEY FINANCIAL METRICS
(%) ROAA (annualized) (7.48) 0.08 0.12 0.06 0.10 ROAE (annualized) (34.12) 0.41 0.63 0.33 0.59 Net Interest Margin 2.72 2.62 2.75 2.65 2.64 Efficiency Ratio 3 348.69 84.38 83.13 71.61
80.17 Adjusted Efficiency Ratio 3 80.35 86.93 83.13 71.61 80.17 Loans/ Deposits 120.52 111.81 99.60 102.04 102.95 Securities/ Assets 18.27 19.09 19.92 20.91 19.62 NPAs/ Assets 1.01 0.83 0.80 0.71
0.88 ACL/ Gross Loans 1.01 0.92 0.89 0.95 0.87 ACL/ Gross Loans (excl GGLs)3 1.07 0.99 1.00 1.09 1.03
Reconciliation of Non-GAAP Information Adj. Non-Interest Expense ($M) and
Adj. Efficiency Ratio (%) 2026Q3 2026Q2 2026Q1 2025Q4 2025Q3 Non-Interest Expense 8,331 7,476 8,015 7,946 31,518 Add: Operational Recovery (Loss) - - - 240 1,603 Less: Goodwill Impairment - - - - 25,858 Adj.
Non-Interest Expense 8,331 7,476 8,015 8,186 7,263 Net Interest Income 9,896 9,490 9,053 8,730 8,617 Non-Interest Income 496 950 589 687 422 Operating Revenue 10,392 10,440 9,642 9,417 9,039
Efficiency Ratio 80.2% 71.6% 83.1% 84.4% 348.7% Adj. Efficiency Ratio 80.2% 71.6% 83.1% 86.9% 80.4% ACL ($M) / Adj. Gross Loans ($M) 2026Q3 2026Q2 2026Q1 2025Q4 2025Q3 Gross Loans 1,142,654 1,137,338 1,068,771
1,025,964 1,023,483 Less: Government Guaranteed Loans 170,827 150,951 113,931 75,321 58,170 Adj. Gross Loans 971,827 986,387 954,840 950,643 965,313 ACL 9,964 10,799 9,509 9,424 10,339 ACL/ Adj. Gross
Loans 1.03% 1.09% 1.00% 0.99% 1.07% Pre-Provision Net Revenue ($M) 2026Q3 2026Q2 2026Q1 2025Q4 2025Q3 Net Interest Income 9,896 9,490 9,053 8,730 8,617 Non-Interest Income 496 950 589 687 422 Less:
Non-Interest Expense 8,331 7,476 8,015 7,946 31,518 Pre-Provision Net Revenue 2,061 2,964 1,627 1,471 (22,479)
Reconciliation of Non-GAAP Information Book Value Per Share
($M) 2026Q3 2026Q2 2026Q1 2025Q4 2025Q3 Common Book Value 105,468 112,304 112,480 112,751 111,687 Shares Outstanding 9,276,317 9,273,624 9,298,949 9,180,498 9,180,760 Book Value Per Share 11.37 12.11 12.10
12.28 12.17 Tangible Book Value Per Share ($M) 2026Q3 2026Q2 2026Q1 2025Q4 2025Q3 Common Book Value 105,468 112,304 112,480 112,751 111,687 Less: Net unamortized core deposit intangible 1,232 1,308 1,384 1,460
1,539 Tangible Book Value 104,236 110,996 111,096 111,291 110,148 Shares Outstanding 9,276,317 9,273,624 9,298,949 9,180,498 9,180,760 Tangible Book Value Per Share 11.24 11.97 11.95 12.12 12.00
GRAPHIC
GRAPHIC
Filename: ef20085511_ex99-2slide1.jpg · Sequence: 7
Binary file (193822 bytes)
Download ef20085511_ex99-2slide1.jpg
GRAPHIC
GRAPHIC
Filename: ef20085511_ex99-2slide2.jpg · Sequence: 8
Binary file (285943 bytes)
Download ef20085511_ex99-2slide2.jpg
GRAPHIC
GRAPHIC
Filename: ef20085511_ex99-2slide3.jpg · Sequence: 9
Binary file (176810 bytes)
Download ef20085511_ex99-2slide3.jpg
GRAPHIC
GRAPHIC
Filename: ef20085511_ex99-2slide4.jpg · Sequence: 10
Binary file (153077 bytes)
Download ef20085511_ex99-2slide4.jpg
GRAPHIC
GRAPHIC
Filename: ef20085511_ex99-2slide5.jpg · Sequence: 11
Binary file (169428 bytes)
Download ef20085511_ex99-2slide5.jpg
GRAPHIC
GRAPHIC
Filename: ef20085511_ex99-2slide6.jpg · Sequence: 12
Binary file (81872 bytes)
Download ef20085511_ex99-2slide6.jpg
GRAPHIC
GRAPHIC
Filename: ef20085511_ex99-2slide7.jpg · Sequence: 13
Binary file (155665 bytes)
Download ef20085511_ex99-2slide7.jpg
GRAPHIC
GRAPHIC
Filename: ef20085511_ex99-2slide8.jpg · Sequence: 14
Binary file (96894 bytes)
Download ef20085511_ex99-2slide8.jpg
GRAPHIC
GRAPHIC
Filename: ef20085511_ex99-2slide9.jpg · Sequence: 15
Binary file (148392 bytes)
Download ef20085511_ex99-2slide9.jpg
GRAPHIC
GRAPHIC
Filename: ef20085511_ex99-2slide10.jpg · Sequence: 16
Binary file (124958 bytes)
Download ef20085511_ex99-2slide10.jpg
GRAPHIC
GRAPHIC
Filename: ef20085511_ex99-2slide11.jpg · Sequence: 17
Binary file (185567 bytes)
Download ef20085511_ex99-2slide11.jpg
GRAPHIC
GRAPHIC
Filename: ef20085511_ex99-2slide12.jpg · Sequence: 18
Binary file (113207 bytes)
Download ef20085511_ex99-2slide12.jpg
GRAPHIC
GRAPHIC
Filename: ef20085511_ex99-2slide13.jpg · Sequence: 19
Binary file (118408 bytes)
Download ef20085511_ex99-2slide13.jpg
GRAPHIC
GRAPHIC
Filename: ef20085511_ex99-2slide14.jpg · Sequence: 20
Binary file (135011 bytes)
Download ef20085511_ex99-2slide14.jpg
GRAPHIC
GRAPHIC
Filename: ef20085511_ex99-2slide15.jpg · Sequence: 21
Binary file (124415 bytes)
Download ef20085511_ex99-2slide15.jpg
GRAPHIC
GRAPHIC
Filename: ef20085511_ex99-2slide16.jpg · Sequence: 22
Binary file (78441 bytes)
Download ef20085511_ex99-2slide16.jpg
GRAPHIC
GRAPHIC
Filename: ef20085511_ex99-2slide17.jpg · Sequence: 23
Binary file (162800 bytes)
Download ef20085511_ex99-2slide17.jpg
GRAPHIC
GRAPHIC
Filename: ef20085511_ex99-2slide18.jpg · Sequence: 24
Binary file (158813 bytes)
Download ef20085511_ex99-2slide18.jpg
GRAPHIC
GRAPHIC
Filename: ef20085511_ex99-2slide19.jpg · Sequence: 25
Binary file (106693 bytes)
Download ef20085511_ex99-2slide19.jpg
XML — IDEA: XBRL DOCUMENT
XML
Filename: R1.htm · Sequence: 27
v3.26.3
Document and Entity Information
Nov. 13, 2026
Cover [Abstract]
Document Type
8-K
Amendment Flag
false
Document Period End Date
Nov. 13, 2026
Entity File Number
001-39043
Entity Registrant Name
BROADWAY FINANCIAL CORPORATION
Entity Central Index Key
0001001171
Entity Incorporation, State or Country Code
DE
Entity Tax Identification Number
95-4547287
Entity Address, Address Line One
4601 Wilshire Boulevard Suite 150
Entity Address, City or Town
Los Angeles
Entity Address, State or Province
CA
Entity Address, Postal Zip Code
90010
City Area Code
323
Local Phone Number
634-1700
Title of 12(b) Security
Class A Common Stock, par value $0.01 per share (including attached preferred stock purchase rights)
Trading Symbol
BYFC
Security Exchange Name
NASDAQ
Entity Emerging Growth Company
false
Written Communications
false
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
X
- Definition
Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
No definition available.
+ Details
Name:
dei_AmendmentFlag
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Area code of city
+ References
No definition available.
+ Details
Name:
dei_CityAreaCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Cover page.
+ References
No definition available.
+ Details
Name:
dei_CoverAbstract
Namespace Prefix:
dei_
Data Type:
xbrli:stringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
dei_
Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration