Every material Form 8-K BROADWAY FINANCIAL CORP \DE\ has filed with the SEC since June 23, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Broadway Financial agreed on September 28, 2026 to the resignation of John Allen, its Executive Vice President and Chief Banking Officer, effective December 31, 2026. Allen will serve in a transition capacity through that date, and the company will review the role's structure and decide whether to search for a successor.
Resignation agreed September 28, 2026; effective December 31, 2026
John Allen, Executive Vice President and Chief Banking Officer, to serve in a transition capacity through December 31, 2026
Company will evaluate the position's structure, scope and responsibilities before deciding on next steps, including a possible successor search
Broadway Financial reported second-quarter 2026 net income attributable to common stockholders of $218 thousand, or $0.02 per diluted share, down from $409 thousand in the first quarter but up from $2 thousand in the second quarter of 2025. Net interest income rose 4.8% sequentially to $9.5 million, but the provision for credit losses rose to $1.5 million from $200 thousand after a specific reserve on a non-accrual loan, and the net interest margin fell to 2.65% from 2.75%.
Net income attributable to common stockholders: $218 thousand in Q2 2026, versus $409 thousand in Q1 2026 and $2 thousand in Q2 2025.
Net interest income: $9.5 million, up $437 thousand, or 4.8%, from the first quarter; net interest margin fell to 2.65% from 2.75%.
Provision for credit losses: $1.5 million, versus $200 thousand in the first quarter, mainly from a specific reserve on a non-accrual loan.
Total deposits: $1.1 billion at June 30, 2026, up $197.0 million, or 21.5%, from December 31, 2025.
At its annual meeting on June 17, 2026, Broadway Financial stockholders re-elected three directors, ratified Crowe LLP as auditor for fiscal 2026, and approved executive compensation on an advisory basis. Stockholders also voted for annual rather than less frequent advisory votes on executive pay, and the board adopted that annual schedule.
Brian E. Argrett received 2,599,102 votes for and 84,212 withheld; Mary M. Hentges received 2,595,986 for and 87,328 withheld; Mary Ann Donovan received 2,244,672 for and 438,642 withheld.
Crowe LLP ratification passed with 3,551,552 votes for, 132,899 against and 9,538 abstentions.
Advisory executive compensation proposal passed with 2,508,990 votes for and 164,287 against; 1,010,675 broker non-votes were recorded.
For the frequency of future advisory pay votes, 2,654,844 votes favored one year, and the company will hold them annually.
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