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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	51.81	178.28	128.28	28.5	27.62	18.03
Investment Securities	237.52	198.19	256.84	287.34	328.86	311.9
Mortgage-Backed Securities	552.99	463.89	445.22	430.35	378.6	296.03
Total Investments	790.51	662.07	702.06	717.69	707.46	607.93
Gross Loans	690.78	700.64	634.5	560.99	529.03	500.36
Allowance for Loan Losses	-13.6	-13.89	-12.57	-11.18	-11.09	-12.84
Other Adjustments to Gross Loans	-0.11	-0.19	-0.37	-0.81	-22.49	-14.04
Net Loans	677.07	686.55	621.56	549	495.46	473.47
Property, Plant & Equipment	34.33	30.25	30.04	29.82	27.49	28.93
Goodwill	1.2	1.2	1.2	1.2	1.2	1.2
Loans Held for Sale	1.04	0.6	0.97	0.91	4.04	5.69
Accrued Interest Receivable	5.27	5.37	5.51	4.81	3.75	3.5
Other Current Assets	0.7	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	0.05	-	-	0.12	0.13	0.5
Other Long-Term Assets	48.96	32.12	42.53	31.01	31.37	30.11
Total Assets	1,612	1,612	1,550	1,381	1,301	1,172
Interest Bearing Deposits	1,284	1,228	1,145	1,080	1,077	811.3
Institutional Deposits	81.8	96	50.2	30.3	39.4	106.8
Total Deposits	1,365	1,324	1,195	1,110	1,116	918.1
Short-Term Borrowings	23.89	77.81	138.38	71.67	26.79	61.82
Current Portion of Leases	0.13	0.48	-	-	-	-
Long-Term Debt	10	10	26.5	26.5	30	30
Federal Home Loan Bank Debt, Long-Term	-	-	-	-	-	35
Long-Term Leases	1.04	0.48	1.44	1.9	2.29	2.38
Trust Preferred Securities	5.16	5.16	5.16	5.16	5.16	5.16
Long-Term Deferred Tax Liabilities	-	-	-	-	-	1.56
Other Long-Term Liabilities	11.54	11.43	10.84	5.82	5.5	5.8
Total Liabilities	1,417	1,429	1,377	1,221	1,186	1,060
Preferred Stock, Redeemable	82.95	82.95	82.95	82.95	-	-
Common Stock	0.04	0.04	0.04	0.04	0.04	0.03
Additional Paid-In Capital	18.37	18.34	18.29	18.23	18.23	18.23
Retained Earnings	124.53	118.14	111.05	104.13	96.37	85.03
Treasury Stock	-7.92	-5.96	-4.91	-4.33	-4.33	-4.33
Comprehensive Income & Other	-23.17	-31.11	-35.05	-40.78	5.22	12.94
Total Common Equity	111.84	99.44	89.41	77.28	115.52	111.91
Shareholders' Equity	194.79	182.39	172.36	160.23	115.52	111.91
Total Liabilities & Equity	1,612	1,612	1,550	1,381	1,301	1,172
Total Debt	40.21	93.92	171.48	105.23	64.23	134.35
Net Cash (Debt)	12.84	85.6	-40.84	-75.63	-35.51	-115.98
Net Cash Per Share	4.04	26.68	-12.57	-23.25	-10.92	-36.10
Filing Date Shares Outstanding	3.12	3.19	3.23	3.25	3.25	3.25
Total Common Shares Outstanding	3.12	3.19	3.23	3.25	3.25	3.25
Book Value Per Share	35.80	31.21	27.69	23.76	35.51	34.40
Tangible Book Value	110.64	98.24	88.21	76.08	114.32	110.71
Tangible Book Value Per Share	35.42	30.83	27.32	23.39	35.15	34.03

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