Security Federal Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	75.34	178.28	128.28	28.5	27.62
Investment Securities	776.29	198.19	256.84	287.34	328.86
Mortgage-Backed Securities	-	463.89	445.22	430.35	378.6
Total Investments	776.29	662.07	702.06	717.69	707.46
Gross Loans	689.71	700.64	634.5	560.99	529.03
Allowance for Loan Losses	-13.53	-13.89	-12.57	-11.18	-11.09
Other Adjustments to Gross Loans	-	-0.19	-0.37	-0.81	-22.49
Net Loans	676.18	686.55	621.56	549	495.46
Property, Plant & Equipment	-	30.25	30.04	29.82	27.49
Goodwill	-	1.2	1.2	1.2	1.2
Loans Held for Sale	-	0.6	0.97	0.91	4.04
Accrued Interest Receivable	-	5.37	5.51	4.81	3.75
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
Other Long-Term Assets	90.28	32.12	42.53	31.01	31.37
Total Assets	1,618	1,612	1,550	1,381	1,301
Interest Bearing Deposits	1,372	1,228	1,145	1,080	1,077
Institutional Deposits	-	96	50.2	30.3	39.4
Total Deposits	1,372	1,324	1,195	1,110	1,116
Short-Term Borrowings	-	77.81	138.38	71.67	26.79
Current Portion of Leases	-	0.48	-	-	-
Long-Term Debt	35.26	10	26.5	26.5	30
Long-Term Leases	-	0.48	1.44	1.9	2.29
Trust Preferred Securities	-	5.16	5.16	5.16	5.16
Other Long-Term Liabilities	10.59	11.43	10.84	5.82	5.5
Total Liabilities	1,418	1,429	1,377	1,221	1,186
Preferred Stock, Redeemable	82.95	82.95	82.95	82.95	-
Common Stock	117.51	0.04	0.04	0.04	0.04
Additional Paid-In Capital	-	18.34	18.29	18.23	18.23
Retained Earnings	-	118.14	111.05	104.13	96.37
Treasury Stock	-	-5.96	-4.91	-4.33	-4.33
Comprehensive Income & Other	-	-31.11	-35.05	-40.78	5.22
Total Common Equity	117.51	99.44	89.41	77.28	115.52
Shareholders' Equity	200.46	182.39	172.36	160.23	115.52
Total Liabilities & Equity	1,618	1,612	1,550	1,381	1,301
Total Debt	35.26	93.92	171.48	105.23	64.23
Net Cash (Debt)	40.07	85.6	-40.84	-75.63	-35.51
Net Cash Growth	-53.19%	-	-	-	-
Net Cash Per Share	12.68	26.68	-12.57	-23.25	-10.92
Filing Date Shares Outstanding	3.13	3.19	3.23	3.25	3.25
Total Common Shares Outstanding	3.13	3.19	3.23	3.25	3.25
Book Value Per Share	37.60	31.21	27.69	23.76	35.51
Tangible Book Value	117.51	98.24	88.21	76.08	114.32
Tangible Book Value Per Share	37.60	30.83	27.32	23.39	35.15

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