Security Federal Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	112.71	75.34	178.28	128.28	28.5	27.62
Investment Securities	756.68	237.17	198.19	256.84	287.34	328.86
Mortgage-Backed Securities	-	540.36	463.89	445.22	430.35	378.6
Total Investments	756.68	777.54	662.07	702.06	717.69	707.46
Gross Loans	-	686.59	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	-	673.06	686.55	621.56	549	495.46
Property, Plant & Equipment	-	33.77	30.25	30.04	29.82	27.49
Goodwill	-	1.2	1.2	1.2	1.2	1.2
Loans Held for Sale	-	3.13	0.6	0.97	0.91	4.04
Accrued Interest Receivable	-	4.91	5.37	5.51	4.81	3.75
Other Current Assets	-	0.7	0.94	0.94	1.1	1.53
Long-Term Deferred Tax Assets	-	9.94	13.31	14.66	15.55	0.58
Other Real Estate Owned & Foreclosed	-	0.05	-	-	0.12	0.13
Other Long-Term Assets	758.11	37.38	32.12	42.53	31.01	31.37
Total Assets	1,628	1,618	1,612	1,550	1,381	1,301
Interest Bearing Deposits	1,377	1,291	1,228	1,145	1,080	1,077
Institutional Deposits	-	81.1	96	50.2	30.3	39.4
Total Deposits	1,377	1,372	1,324	1,195	1,110	1,116
Short-Term Borrowings	-	25.26	77.81	138.38	71.67	26.79
Current Portion of Leases	-	0.46	-	-	-	-
Long-Term Debt	37.17	10	10	26.5	26.5	30
Long-Term Leases	-	0.59	0.96	1.44	1.9	2.29
Trust Preferred Securities	-	-	5.16	5.16	5.16	5.16
Other Long-Term Liabilities	11.52	9.54	11.43	10.84	5.82	5.5
Total Liabilities	1,426	1,418	1,429	1,377	1,221	1,186
Preferred Stock, Redeemable	-	82.95	82.95	82.95	82.95	-
Common Stock	201.92	0.04	0.04	0.04	0.04	0.04
Additional Paid-In Capital	-	18.38	18.34	18.29	18.23	18.23
Retained Earnings	-	127.94	118.14	111.05	104.13	96.37
Treasury Stock	-	-8.24	-5.96	-4.91	-4.33	-4.33
Comprehensive Income & Other	-	-20.61	-31.11	-35.05	-40.78	5.22
Total Common Equity	201.92	117.51	99.44	89.41	77.28	115.52
Shareholders' Equity	201.92	200.46	182.39	172.36	160.23	115.52
Total Liabilities & Equity	1,628	1,618	1,612	1,550	1,381	1,301
Total Debt	37.17	36.31	93.92	171.48	105.23	64.23
Net Cash (Debt)	75.54	40.28	85.6	-40.84	-75.63	-35.51
Net Cash Growth	-19.73%	-52.95%	-	-	-	-
Net Cash Per Share	24.10	12.75	26.68	-12.57	-23.25	-10.92
Filing Date Shares Outstanding	3.1	3.09	3.19	3.23	3.25	3.25
Total Common Shares Outstanding	3.1	3.11	3.19	3.23	3.25	3.25
Book Value Per Share	65.13	37.74	31.21	27.69	23.76	35.51
Tangible Book Value	201.92	116.31	98.24	88.21	76.08	114.32
Tangible Book Value Per Share	65.13	37.35	30.83	27.32	23.39	35.15

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