Broadway Financial Corporation is a bank holding company. The Company conducts its operations through its wholly owned banking subsidiary, City First Bank, National Association (the Bank). The Bank's principal business consists of attracting deposits from the general public in the areas surrounding its branch offices, loan customers, large non-profit entities, local municipalities, and depositors. Its loan portfolio consists of commercial business loans, loans guaranteed by the Small Business Administration and construction-to-permanent loans. Its loan portfolio is comprised primarily of commercial mortgage loans which are secured by multi‑family residential properties, single-family residential properties and commercial real estate. It also offers a variety of deposit accounts including a range of interest rates and terms. Its deposits principally consist of savings accounts, checking accounts, interest checking accounts, money market accounts, and fixed‑term certificates of deposit.