Balance Sheet SummaryTotal assets were $413.4 million at March 31, 2012, which represented a decrease of $5.1 million, or 1%, from December 31, 2011. During the first quarter of 2012, net loans decreased by $13.0 million, loans held for sale decreased by $580 thousand, securities decreased by $952 thousand, REO decreased by $2.7 million and other assets (primarily income tax receivable) decreased by $1.0 million, while cash and cash equivalents increased by $13.6 million.
Broadway Financial Corporation Reports Net Loss For 1st Quarter 2012
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