Security Federal Corporation (SFDL)

Security Federal Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	43.74	44.15	41.3	32.83	25.64	27.2
Interest Income on Investments	34.5	34.5	36.01	32.15	16.94	9.92
Total Interest Income	78.24	78.65	77.31	64.98	42.58	37.12
Interest Paid on Deposits	28.69	30.15	29.85	20.7	2.91	1.63
Interest Paid on Borrowings	1.29	1.29	5.63	5.03	2.12	2.19
Total Interest Expense	29.98	31.44	35.48	25.73	5.03	3.82
Net Interest Income	48.26	47.21	41.83	39.25	37.55	33.29
Net Interest Income Growth (YoY)	12.05%	12.87%	6.57%	4.52%	12.79%	9.11%
Trust Income	1.89	1.89	2.27	1.86	1.55	1.44
Gain (Loss) on Sale of Assets	0.06	0.06	-	-	-0.43	-
Gain (Loss) on Sale of Investments	0.02	0.02	0.04	-	-0	-
Other Non-Interest Income	7.84	7.36	5.92	5.68	5.29	6.4
Total Non-Interest Income	11.97	11.49	10.25	9.39	9.18	12.63
Non-Interest Income Growth (YoY)	15.43%	12.11%	9.13%	2.30%	-27.34%	10.61%
Revenues Before Loan Losses	60.23	58.7	52.07	48.64	46.73	45.93
Provision for Loan Losses	-0.01	-0.24	1.37	0.25	-	-2.4
Revenue	60.24	58.93	50.7	48.39	46.73	48.33
Revenue Growth (YoY)	14.95%	16.23%	4.78%	3.56%	-3.31%	26.07%
Salaries and Employee Benefits	23.99	23.99	21.8	20.31	20.05	19.16
Federal Deposit Insurance	0.72	0.72	0.71	0.62	0.38	0.29
Selling, General & Administrative	8.68	8.68	8.05	8.14	7.55	8.08
Other Non-Interest Expense	8.93	8.21	7.59	6.84	5.81	4.63
Total Non-Interest Expense	42.32	41.6	38.14	35.91	33.79	32.05
EBT Excluding Unusual Items	17.92	17.33	12.56	12.48	12.94	16.28
Pretax Income	17.92	17.33	12.56	12.48	12.94	16.28
Income Tax Expense	3.74	3.66	2.76	2.29	2.71	3.51
Net Income	14.18	13.67	9.81	10.19	10.23	12.77
Preferred Dividends & Other Adjustments	1.66	1.66	0.93	-	-	-
Net Income to Common	12.52	12.01	8.88	10.19	10.23	12.77
Net Income Growth	28.23%	39.42%	-3.76%	-0.37%	-19.93%	81.18%
Basic Shares Outstanding	3	3	3	3	3	3
Diluted Shares Outstanding	3	3	3	3	3	3
Shares Change (YoY)	-1.99%	-1.54%	-1.22%	-0.15%	-	1.24%
EPS (Basic)	4.00	3.80	2.77	3.14	3.14	3.93
EPS (Diluted)	4.00	3.80	2.77	3.14	3.14	3.93
EPS Growth	31.46%	37.39%	-11.77%	-0.23%	-19.93%	79.31%
Dividend Per Share	0.450	0.600	0.560	0.520	0.480	0.440
Dividend Growth	-21.05%	7.14%	7.69%	8.33%	9.09%	10.00%
Effective Tax Rate	20.86%	21.11%	21.94%	18.34%	20.94%	21.55%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.