Security Federal Corporation (SFDL)

Security Federal Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	133.08	178.28	128.28	28.5	27.62	18.03
Investment Securities	674.57	198.19	256.84	287.34	328.86	311.9
Mortgage-Backed Securities	-	463.89	445.22	430.35	378.6	296.03
Total Investments	674.57	662.07	702.06	717.69	707.46	607.93
Gross Loans	-	700.64	634.5	560.99	529.03	500.36
Allowance for Loan Losses	-	-13.89	-12.57	-11.18	-11.09	-12.84
Other Adjustments to Gross Loans	-	-0.19	-0.37	-0.81	-22.49	-14.04
Net Loans	-	686.55	621.56	549	495.46	473.47
Property, Plant & Equipment	-	30.25	30.04	29.82	27.49	28.93
Goodwill	-	1.2	1.2	1.2	1.2	1.2
Loans Held for Sale	-	0.6	0.97	0.91	4.04	5.69
Accrued Interest Receivable	-	5.37	5.51	4.81	3.75	3.5
Other Current Assets	-	0.94	0.94	1.1	1.53	-
Long-Term Deferred Tax Assets	-	13.31	14.66	15.55	0.58	-
Other Real Estate Owned & Foreclosed	-	-	-	0.12	0.13	0.5
Other Long-Term Assets	776.38	32.12	42.53	31.01	31.37	30.11
Total Assets	1,584	1,612	1,550	1,381	1,301	1,172
Interest Bearing Deposits	1,346	1,228	1,145	1,080	1,077	811.3
Institutional Deposits	-	96	50.2	30.3	39.4	106.8
Total Deposits	1,346	1,324	1,195	1,110	1,116	918.1
Short-Term Borrowings	-	77.81	138.38	71.67	26.79	61.82
Current Portion of Leases	-	0.48	-	-	-	-
Long-Term Debt	39.39	10	26.5	26.5	30	30
Federal Home Loan Bank Debt, Long-Term	-	-	-	-	-	35
Long-Term Leases	-	0.48	1.44	1.9	2.29	2.38
Trust Preferred Securities	-	5.16	5.16	5.16	5.16	5.16
Long-Term Deferred Tax Liabilities	-	-	-	-	-	1.56
Other Long-Term Liabilities	12.35	11.43	10.84	5.82	5.5	5.8
Total Liabilities	1,397	1,429	1,377	1,221	1,186	1,060
Preferred Stock, Redeemable	-	82.95	82.95	82.95	-	-
Common Stock	186.74	0.04	0.04	0.04	0.04	0.03
Additional Paid-In Capital	-	18.34	18.29	18.23	18.23	18.23
Retained Earnings	-	118.14	111.05	104.13	96.37	85.03
Treasury Stock	-	-5.96	-4.91	-4.33	-4.33	-4.33
Comprehensive Income & Other	-	-31.11	-35.05	-40.78	5.22	12.94
Total Common Equity	186.74	99.44	89.41	77.28	115.52	111.91
Shareholders' Equity	186.74	182.39	172.36	160.23	115.52	111.91
Total Liabilities & Equity	1,584	1,612	1,550	1,381	1,301	1,172
Total Debt	39.39	93.92	171.48	105.23	64.23	134.35
Net Cash (Debt)	93.69	85.6	-40.84	-75.63	-35.51	-115.98
Net Cash Per Share	29.31	26.68	-12.57	-23.25	-10.92	-36.10
Filing Date Shares Outstanding	3.2	3.19	3.23	3.25	3.25	3.25
Total Common Shares Outstanding	3.2	3.19	3.23	3.25	3.25	3.25
Book Value Per Share	58.38	31.21	27.69	23.76	35.51	34.40
Tangible Book Value	186.74	98.24	88.21	76.08	114.32	110.71
Tangible Book Value Per Share	58.38	30.83	27.32	23.39	35.15	34.03

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