Broadway Financial Corporation
| $15,000,000 |
| Committed |
| 0.1% |
| of Bank bailout commitment |
| 0.1% > |
| of total bailout commitment. |
| Disbursed | $15,000,000 |
| Returned | $0 |
| Revenue to Gov't | $810,416 |
| Net Outstanding | $14,189,584 |
Jump to table of transactions
Map: Corporate headquarters of Broadway Financial Corporation.
Los Angeles,
Calif.
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On 2/10/2012, Treasury entered into an agreement with Broadway Financial Corporation to exchange Treasury’s $15,000,000 of preferred stock for common stock. The exchange is subject to the fulfillment by Broadway Financial Corporation of certain conditions, including the satisfactory completion of a capital plan.
Events
-
$188K Revenue
May 17, 2010 Dividends payment
Part of Capital Purchase Program -
$172K Revenue
Feb. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$6M Bailout
Dec. 4, 2009 Preferred Stock
Part of Capital Purchase ProgramMore info from www.financialstability.gov -
$113K Revenue
Nov. 13, 2009 Dividends payment
Part of Capital Purchase Program -
$113K Revenue
Aug. 14, 2009 Dividends Paid in Aug. 2009
Part of Capital Purchase Program -
$226K Revenue
May 31, 2009 Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
Part of Capital Purchase Program -
$9M Bailout
Nov. 14, 2008 Purchase - Preferred Stock w/ Warrants
Part of Capital Purchase Program
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 05/17/2010 | Dividend | $187,500 | CPP | Dividends payment |
| 02/16/2010 | Dividend | $171,667 | CPP | Dividends payment |
| 12/04/2009 | Purchase | $6,000,000 | CPP | Preferred Stock |
| 11/13/2009 | Dividend | $112,500 | CPP | Dividends payment |
| 08/14/2009 | Dividend | $112,500 | CPP | Dividends Paid in Aug. 2009 |
| 05/31/2009 | Dividend | $226,250 | CPP | Dividends Paid Through 5/31/2009 |
| 11/14/2008 | Purchase | $9,000,000 | CPP | Purchase - Preferred Stock w/ Warrants |
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