Balance Sheet SummaryTotal assets were $418.5 million at December 31, 2011, which represented a decrease of $65.5 million, or 14%, from December 31, 2010. During 2011, net loans decreased by $56.3 million, loans held for sale decreased by $15.5 million, securities decreased by $4.3 million, and deferred tax assets decreased by $4.5 million, while cash and cash equivalents increased by $9.6 million, REO increased by $4.0 million and other assets, primarily income tax receivable, increased by $2.8 million.
Broadway Financial Corporation Reports Net Loss For 4th Quarter And Year 2011
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