PackageTrendsPeer
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Broadway Federal Bank, F.S.B.

Los Angeles, CA · Cert 30306

FDIC · 3 branches

Q1 2021

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2021, the quarter ended March 31, 2021, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Broadway Federal Bank, F.S.B.

Los Angeles, CA · Cert 30306

FDIC · 3 branches

Q1 2021

$476.4MAssets
$365.7MLoans
$315.1MDeposits
$45.6MEquity
Loan mix
100%RE $342.9M0%C&I $0.1M0%Consumer $0.0MQ1 2020Q1 2021
Deposit mix
87%Interest-bearing $274.2M13%Noninterest $40.9MQ1 2020Q1 2021

NIM

4.18%Q1 ’193.84%Q1 ’203.13%Q1 ’21-10%-4%

Non-interest income vs. expense

2.80%Q1 ’192.46%Q1 ’205.98%Q1 ’21-6%+156%

Market Position · Los Angeles-Long Beach-Anaheim, CA · 2020 SOD (annual) · 0.0% share · #72 of 115 inst. · $0.3B of $676.0B

Executive Summary

  • Earnings: ROA of -2.32%, down 245 bps year over year; NIM at 2.39%.
  • Asset quality: problem loans at 0.21% of loans (+14 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 8.89%, down 131 bps from a year ago.
  • Funding: loans stand at 116.06% of deposits as of Q1 2021.

Financial Results

Return on Assets (YTD, annualized)

-2.32%-245 bps YoY

Net Interest Margin (YTD, annualized)

2.39%-9 bps YoY

Efficiency Ratio (YTD, annualized)

241%+14,806 bps YoY

Tier 1 Leverage Ratio

8.89%-131 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2020Q2 2020Q3 2020Q4 2020Q1 2021YoY ΔTrend
Earnings
Return on Assets0.13%0.27%0.18%0.04%-2.32%-245 bps
Return on Equity1.20%2.55%1.68%0.42%-23.38%-2,458 bps
Net Interest Margin2.48%2.42%2.58%2.52%2.39%-9 bps
Efficiency Ratio93.40%92.65%93.42%99.04%241%+14,806 bps
Non-Interest Burden2.30%2.22%2.39%2.48%5.88%+358 bps
Growth
Asset Growth (YoY)20.22%14.31%20.59%9.93%-5.40%-2,563 bps
Loan Growth (YoY)15.26%11.81%10.90%-9.40%-14.95%-3,021 bps
Deposit Growth (YoY)16.17%7.03%16.03%5.98%-6.19%-2,236 bps
Asset Quality
Nonperforming Loans / Loans0.07%0.20%0.20%0.22%0.21%+14 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.75%0.75%0.79%0.88%0.88%+13 bps
Allowance Coverage of NPLs11.5x3.8x3.9x4.1x4.2x-7.2x
Capital
Tier 1 Leverage Ratio10.20%9.71%9.84%9.54%8.89%-131 bps
Total Risk-Based Capital16.94%17.15%18.10%20.20%17.95%+101 bps
Equity / Assets10.05%10.39%10.11%10.26%9.57%-47 bps
Liquidity & Funding
Loans / Deposits128.01%133.80%123.29%113.92%116.06%-1,195 bps
Liquid Assets / Assets10.03%7.92%13.74%19.72%18.32%+829 bps
CRE / Total Capitaln/an/an/an/an/an/an/a