0000903064-16-000016.txt : 20160208
0000903064-16-000016.hdr.sgml : 20160208
20160208162236
ACCESSION NUMBER: 0000903064-16-000016
CONFORMED SUBMISSION TYPE: SC 13G
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20160208
DATE AS OF CHANGE: 20160208
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: BROADWAY FINANCIAL CORP \DE\
CENTRAL INDEX KEY: 0001001171
STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
IRS NUMBER: 954547287
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-46823
FILM NUMBER: 161395907
BUSINESS ADDRESS:
STREET 1: 4800 WILSHIRE BLVD
CITY: LOS ANGELES
STATE: CA
ZIP: 90010
BUSINESS PHONE: 2136341700
MAIL ADDRESS:
STREET 1: 4800 WILSHIRE BLVD
CITY: LOS ANGELES
STATE: CA
ZIP: 90010
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: GRACE & WHITE INC /NY
CENTRAL INDEX KEY: 0000903064
IRS NUMBER: 132884675
STATE OF INCORPORATION: NY
FISCAL YEAR END: 0228
FILING VALUES:
FORM TYPE: SC 13G
BUSINESS ADDRESS:
STREET 1: 515 MADISON AVE
STREET 2: SUITE 1700
CITY: NY
STATE: NY
ZIP: 10022
BUSINESS PHONE: 2129355990
MAIL ADDRESS:
STREET 1: 515 MADISON AVE
STREET 2: SUITE 1700
CITY: NY
STATE: NY
ZIP: 10022
SC 13G
1
byfc13g2015.txt
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
12/31/15
Under the Securities Exchange Act of 1934
(Amendment No.)
BROADWAY FINANCIAL CORPORATION
(Name of Issuer)
Common Stock
(Title of Class of Securities)
111444105
(CUSIP Number)
Check the following box if a fee is being paid with this
statement [ ]. (A
fee is not required only if the filing person: (1) has a
previous statement on
file reporting beneficial ownership of more than five
percent of the class of
securities described in Item 1; and (2) has filed no
amendment subsequent
thereto reporting beneficial ownership of five percent or
less of such class.)
(See Rule 13d-7).
*The remainder of this cover page shall be filled out for a
reporting person's
initial filing on this form with respect to the subject
class of securities, and
for any subsequent amendment containing information which
would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page
shall not be deemed
to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that
section of the Act
but shall be subject to all other provisions of the Act
(however, see the
Notes).
Page 1 of 5 pages
- - --------------------------------------------
CUSIP NO. 111444105 13G
PAGE 2 OF 5 PAGES
- - -----------------------
- --------------------
- - ----------------------------------------------------------
- --------------------
NAME OF REPORTING PERSON
1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GRACE & WHITE, INC.
#13-2884675
- - ----------------------------------------------------------
- --------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2
(a) [_]
(b) [_]
- - ----------------------------------------------------------
- --------------------
SEC USE ONLY
3
- - ----------------------------------------------------------
- --------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
NEW YORK, U.S.A.
- - ----------------------------------------------------------
- --------------------
SOLE VOTING POWER
5
NUMBER OF
145,138
SHARES -----------------------------------------
- ------------------
SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY NONE
-----------------------------------------
- ------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING
1,348,576
PERSON -----------------------------------------
- ------------------
SHARED DISPOSITIVE POWER
WITH 8
NONE
- - ----------------------------------------------------------
- --------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
9
1,348,576
- - ----------------------------------------------------------
- --------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
10
[_]
- - ----------------------------------------------------------
- --------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
6.30%
- - ----------------------------------------------------------
- --------------------
TYPE OF REPORTING PERSON*
12
IA.
- - --------------
CUSIP NUMBER 111444105 ------------------------
- -----------------
Page 3 Of 5 Pages
Item 1.
(a) Name of Issuer: Broadway Financial Corporation
--------------
(b) Address of Issuer's Principal Executive Offices:
-----------------------------------------------
5055 Wilshire Boulevard, Suite 500
Los Angeles, California 90036
Item 2.
(a) Name of Person Filing: Grace & White, Inc.
---------------------
(b) Address of Principal Business Office:
------------------------------------
Grace & White, Inc.
515 Madison Ave. Suite 1700
New York, New York 10022
(c) Citizenship: New York Corporation
-----------
(d) Title of Class of Securities: Common Shares
----------------------------
(e) CUSIP Number: 111444105
------------
Item 3. If this statement is filed pursuant to Rule 13d-
1(b),
---------------------------------------------------
- -
or 13d-2(b), check whether the person filing is a:
---------------------------------------------------
(e) X Investment adviser registered under Section 203 of
--- the Investment Advisers Act of 1940.
Item 4. Ownership.
---------
(a) Amount beneficially owned:
--------------------------
The shares of Common Stock beneficially owned by
Grace & White, Inc. by this Schedule amount to
1,348,576 shares.
(b) Percent of Class:
-----------------
6.30%
(c) For information on voting and dispositive power with
above listed shares, see Items 5-8 of the Cover Page.
Item 5. Ownership of Five Percent or Less of a Class.
--------------------------------------------
N/A
Item 6. Ownership of more than Five Percent on Behalf of
Another Person
----------------------------------------------------
N/A
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on
By the Parent Holding Company.
-------------------------------------------------------
N/A.
Item 8. Identification and Classification of Members of the
Group.
----------------------------------------------------
N/A
Item 9. Notice of Dissolution of Group.
------------------------------
N/A.
Item 10. Certification.
-------------
By signing below, I certify that, to the best of my
knowledge and belief, the securities referred to above
were acquired in the ordinary course of business and
were not acquired for the purpose of and do not have
the effect of changing or influencing the control of
the issuer of such securities and were not acquired in
connection with or as a participant in any transaction
having such purposes or effect.
SIGNATURE
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information
set forth in this statement is true, complete and correct.
DATE: February 3, 2016
Grace & White, Inc.
By:/s/ MARC E. RAVITZ
-----------------
Marc E. Ravitz, CFA
Executive Vice President