Security Federal Income Statement

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	Sep '26 Sep 30, 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
Interest Income on Loans	42.24	44.15	41.3	32.83	25.64	27.2
Interest Income on Investments	34.5	34.5	36.01	32.15	16.94	9.92
Total Interest Income	76.74	78.65	77.31	64.98	42.58	37.12
Interest Paid on Deposits	25.39	30.15	29.85	20.7	2.91	1.63
Interest Paid on Borrowings	1.29	1.29	5.63	5.03	2.12	2.19
Total Interest Expense	26.68	31.44	35.48	25.73	5.03	3.82
Net Interest Income	50.05	47.21	41.83	39.25	37.55	33.29
Net Interest Income Growth	9.11%	12.87%	6.57%	4.52%	12.79%	9.11%
Trust Income	1.89	1.89	2.27	1.86	1.55	1.44
Gain (Loss) on Sale of Assets	0.06	0.06	-	-	-0.43	-
Gain (Loss) on Sale of Investments	0.02	0.02	0.04	-	-0	-
Other Non-Interest Income	8.61	7.36	5.92	5.68	5.29	6.4
Total Non-Interest Income	12.74	11.49	10.25	9.39	9.18	12.63
Non-Interest Income Growth	21.09%	12.11%	9.13%	2.30%	-27.34%	10.61%
Revenues Before Loan Losses	62.79	58.7	52.07	48.64	46.73	45.93
Provision for Loan Losses	0.43	-0.24	1.37	0.25	-	-2.4
Revenue	62.36	58.93	50.7	48.39	46.73	48.33
Revenue Growth	10.74%	16.23%	4.78%	3.56%	-3.31%	26.07%
Salaries and Employee Benefits	23.99	23.99	21.8	20.31	20.05	19.16
Federal Deposit Insurance	0.72	0.72	0.71	0.62	0.38	0.29
Selling, General & Administrative	8.68	8.68	8.05	8.14	7.55	8.08
Other Non-Interest Expense	9.22	8.21	7.59	6.84	5.81	4.63
Total Non-Interest Expense	42.62	41.6	38.14	35.91	33.79	32.05
EBT Excluding Unusual Items	19.74	17.33	12.56	12.48	12.94	16.28
Pretax Income	19.74	17.33	12.56	12.48	12.94	16.28
Income Tax Expense	3.83	3.66	2.76	2.29	2.71	3.51
Net Income	15.91	13.67	9.81	10.19	10.23	12.77
Preferred Dividends & Other Adjustments	1.66	1.66	0.93	-	-	-
Net Income to Common	14.25	12.01	8.88	10.19	10.23	12.77
Net Income Growth	27.89%	35.28%	-12.85%	-0.37%	-19.93%	81.18%
Basic Shares Outstanding	3	3	3	3	3	3
Diluted Shares Outstanding	3	3	3	3	3	3
Shares Change	-2.20%	-1.54%	-1.22%	-0.15%	-	1.24%
EPS (Basic)	4.59	3.80	2.77	3.14	3.14	3.93
EPS (Diluted)	4.59	3.80	2.77	3.14	3.14	3.93
EPS Growth	30.77%	37.39%	-11.77%	-0.23%	-19.93%	79.31%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Dividend Per Share	0.150	0.600	0.560	0.520	0.480	0.440
Dividend Growth	-74.58%	7.14%	7.69%	8.33%	9.09%	10.00%
Effective Tax Rate	19.42%	21.11%	21.94%	18.34%	20.94%	21.55%