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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	142.19	178.28	128.28	28.5	27.62	18.03
Investment Securities	707.61	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	707.61	662.07	702.06	717.69	707.46	607.93
Gross Loans	699.51	700.64	634.5	560.99	529.03	500.36
Allowance for Loan Losses	-14.01	-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	685.5	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	89.94	32.12	42.53	31.01	31.37	30.11
Total Assets	1,625	1,612	1,550	1,381	1,301	1,172
Interest Bearing Deposits	1,383	1,228	1,145	1,080	1,077	811.3
Institutional Deposits	-	96	50.2	30.3	39.4	106.8
Total Deposits	1,383	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	39.57	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	11.19	11.43	10.84	5.82	5.5	5.8
Total Liabilities	1,434	1,429	1,377	1,221	1,186	1,060
Preferred Stock, Redeemable	82.95	82.95	82.95	82.95	-	-
Common Stock	108.33	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	108.33	99.44	89.41	77.28	115.52	111.91
Shareholders' Equity	191.28	182.39	172.36	160.23	115.52	111.91
Total Liabilities & Equity	1,625	1,612	1,550	1,381	1,301	1,172
Total Debt	39.57	93.92	171.48	105.23	64.23	134.35
Net Cash (Debt)	102.62	85.6	-40.84	-75.63	-35.51	-115.98
Net Cash Per Share	32.25	26.68	-12.57	-23.25	-10.92	-36.10
Filing Date Shares Outstanding	3.17	3.19	3.23	3.25	3.25	3.25
Total Common Shares Outstanding	3.17	3.19	3.23	3.25	3.25	3.25
Book Value Per Share	34.21	31.21	27.69	23.76	35.51	34.40
Tangible Book Value	108.33	98.24	88.21	76.08	114.32	110.71
Tangible Book Value Per Share	34.21	30.83	27.32	23.39	35.15	34.03

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