{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-038637","form_type":"8-K","ticker":"BYFC","cik":"0001001171","company_name":"BROADWAY FINANCIAL CORP \\DE\\","filed_at":"2023-08-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.812569+00:00","generated_at":"2026-06-11T21:06:32.206157+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Broadway Financial Q2 net earnings $243K vs $1.9M YoY; EPS $0.00 vs $0.03","bullets":["Net earnings $243K ($0.00 diluted EPS) vs $1.9M ($0.03) in Q2 2022; net interest income $7.3M down 9.6% YoY.","Net interest margin shrank to 2.52% from 3.00% due to 190 bps rise in cost of funds.","Total loans $824.6M (+7.4% vs Dec 2022); no non-accrual loans; ACL increased to $7.0M under CECL.","Deposits fell $40.9M to $646.1M; borrowings rose $89.8M to $295.6M to fund loan growth.","CEO cites rising inflation, higher funding costs, and 11 Fed rate hikes as headwinds; equity >$275M."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-038637","json":"https://secwatch.observer/filing/0001140361-23-038637.json","markdown":"https://secwatch.observer/filing/0001140361-23-038637.md","text":"https://secwatch.observer/filing/0001140361-23-038637.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1001171/000114036123038637/0001140361-23-038637-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1001171/000114036123038637/brhc20057225_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T21:06:32.206157+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9131f93ee790aaed62a3ea8c9cd780cb36b48737","claim":"BROADWAY FINANCIAL CORP \\DE\\ reported first six months of 2022 results: net income consolidated net earnings of $2.8 million, EPS $0.04 per diluted share.","evidence_excerpt":"consolidated net earnings of $2.8 million, or $0.04 per diluted share for the first six months of 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1001171/000114036123038637/0001140361-23-038637-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first six months of 2022"},{"label":"Net income","value":"consolidated net earnings of $2.8 million"},{"label":"EPS","value":"$0.04 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b801ce010d8ee4d821108180d22b692d9639e251","claim":"BROADWAY FINANCIAL CORP \\DE\\ reported second quarter of 2022 results: net income consolidated net earnings of $1.9 million, EPS $0.03 per diluted share.","evidence_excerpt":"consolidated net earnings of $1.9 million, or $0.03 per diluted share, for the second quarter of 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1001171/000114036123038637/0001140361-23-038637-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of 2022"},{"label":"Net income","value":"consolidated net earnings of $1.9 million"},{"label":"EPS","value":"$0.03 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b9cd5041eb15f2969456ab1b73b89b93f21d51f2","claim":"BROADWAY FINANCIAL CORP \\DE\\ reported first six months of 2023 results: net income consolidated net earnings of $1.8 million, EPS $0.03 per diluted share.","evidence_excerpt":"For the first six months of 2023, the Company reported consolidated net earnings of $1.8 million, or $0.03 per diluted share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1001171/000114036123038637/0001140361-23-038637-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first six months of 2023"},{"label":"Net income","value":"consolidated net earnings of $1.8 million"},{"label":"EPS","value":"$0.03 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}