{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-08T04:22:34.709283+00:00","company":{"ticker":"SFDL","cik":818677,"company_name":"SECURITY FEDERAL CORP"},"pagination":{"limit":100,"returned":6,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{},"facts":[{"fact_type":"shareholder_vote","fact_key":"9719982ffe45aeb5b8838e18f149d2af315e61df","cik":818677,"ticker":"SFDL","company_name":"SECURITY FEDERAL CORP","filed_at":"2024-05-14T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-05-09","outcome":"passed","proposal_text":"Advisory approval of the compensation of the Company's named executive officers","proposal_type":"say_on_pay","votes_abstain_text":"26,065","votes_against_text":"145,028","votes_for_text":"2,181,201"},"claim":"SECURITY FEDERAL CORP shareholders approved Advisory approval of the compensation of the Company's named executive officers at the 2024-05-09 meeting.","evidence_excerpt":"Proposal 2 . Advisory approval of the compensation of the Company’s named executive officers. This proposal received the following votes: For Percentage of shares present Against Percentage of shares present Abstain Percentage of shares present Broker Non-Votes 2,181,201 93% 145,028 6% 26,065 1% 301,217","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000939057-24-000126","anchor_url":"https://secwatch.observer/filing/0000939057-24-000126#claim-9719982ffe45aeb5b8838e18f149d2af315e61df","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/818677/000093905724000126/0000939057-24-000126-index.htm"},{"fact_type":"shareholder_vote","fact_key":"731bdc5f7812b8a4f66cb32d3171caac4193ec10","cik":818677,"ticker":"SFDL","company_name":"SECURITY FEDERAL CORP","filed_at":"2024-05-14T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-05-09","outcome":"passed","proposal_text":"Election of Directors","proposal_type":"director_election","votes_abstain_text":null,"votes_against_text":null,"votes_for_text":null},"claim":"SECURITY FEDERAL CORP shareholders approved Election of Directors at the 2024-05-09 meeting.","evidence_excerpt":"The following individuals were elected as directors: FOR WITHHELD BROKER NON-VOTES No. of votes No. of votes No. of votes Timothy W. Simmons 2,145,978 206,316 301,217 Harry O. Weeks, Jr. 2,207,275 145,019 301,217 Roy G. Lindburg 2,207,575 144,719 301,217","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000939057-24-000126","anchor_url":"https://secwatch.observer/filing/0000939057-24-000126#claim-731bdc5f7812b8a4f66cb32d3171caac4193ec10","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/818677/000093905724000126/0000939057-24-000126-index.htm"},{"fact_type":"earnings_release","fact_key":"d9ce4a3f61e0cec6080e461d96fb17e9fcd2a182","cik":818677,"ticker":"SFDL","company_name":"SECURITY FEDERAL CORP","filed_at":"2024-04-29T23:59:59+00:00","payload":{"eps_text":"$0.54 per common share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$1.8 million","period_text":"quarter ended March 31, 2024","report_date":"2024-04-29","result_type":"reported_results","revenue_text":null},"claim":"SECURITY FEDERAL CORP reported quarter ended March 31, 2024 results: net income $1.8 million, EPS $0.54 per common share.","evidence_excerpt":"The Company reported net income of $1.8 million, or $0.54 per common share, for the quarter ended March 31, 2024 compared to $2.7 million, or $0.82, for the first quarter of 2023.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-24-013566","anchor_url":"https://secwatch.observer/filing/0001437749-24-013566#claim-d9ce4a3f61e0cec6080e461d96fb17e9fcd2a182","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/818677/000143774924013566/0001437749-24-013566-index.htm"},{"fact_type":"earnings_release","fact_key":"6163488cf0549745f47449b0aab25e258e6293ed","cik":818677,"ticker":"SFDL","company_name":"SECURITY FEDERAL CORP","filed_at":"2024-02-05T23:59:59+00:00","payload":{"eps_text":"$3.14 per common share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$10.2 million","period_text":"the year ended December 31, 2023","report_date":"2024-02-05","result_type":"reported_results","revenue_text":null},"claim":"SECURITY FEDERAL CORP reported the year ended December 31, 2023 results: net income $10.2 million, EPS $3.14 per common share.","evidence_excerpt":"Net income was $10.2 million, or $3.14 per common share, for both the years ended December 31, 2023 and 2022.","confidence":0.98,"filing_url":"https://secwatch.observer/filing/0001437749-24-003074","anchor_url":"https://secwatch.observer/filing/0001437749-24-003074#claim-6163488cf0549745f47449b0aab25e258e6293ed","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/818677/000143774924003074/0001437749-24-003074-index.htm"},{"fact_type":"earnings_release","fact_key":"cdb5492af04cbc64c4f4dda10b6e4fce305e224b","cik":818677,"ticker":"SFDL","company_name":"SECURITY FEDERAL CORP","filed_at":"2024-02-05T23:59:59+00:00","payload":{"eps_text":"$1.12 per common share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$3.6 million","period_text":"the quarter ended December 31, 2023","report_date":"2024-02-05","result_type":"reported_results","revenue_text":null},"claim":"SECURITY FEDERAL CORP reported the quarter ended December 31, 2023 results: net income $3.6 million, EPS $1.12 per common share.","evidence_excerpt":"The Company reported net income of $3.6 million, or $1.12 per common share, for the quarter ended December 31, 2023 compared to $3.3 million, or $1.01 per common share, for the fourth quarter of 2022.","confidence":0.98,"filing_url":"https://secwatch.observer/filing/0001437749-24-003074","anchor_url":"https://secwatch.observer/filing/0001437749-24-003074#claim-cdb5492af04cbc64c4f4dda10b6e4fce305e224b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/818677/000143774924003074/0001437749-24-003074-index.htm"},{"fact_type":"governance_change","fact_key":"f1535680db20e758ba6ebfb8197c2b208151cccd","cik":818677,"ticker":"SFDL","company_name":"SECURITY FEDERAL CORP","filed_at":"2024-01-10T23:59:59+00:00","payload":{"change_type":"bylaw_amendment","effective_date":null,"item_codes_triggered":["5.03"],"summary_text":"Deleted Article V, Section 12 - Age Limitation for Officers, which set an age limit of 70 1/2 years old."},"claim":"SECURITY FEDERAL CORP: Deleted Article V, Section 12 - Age Limitation for Officers, which set an age limit of 70 1/2 years old.","evidence_excerpt":"Security Federal Corporation (“Company”)’s Board of Directors approved an amendment of its Bylaws to delete in its entirety Article V – Officers – Section 12. Age Limitation – Officers , which previously contained an age limit of 70 1⁄2 years old for officers of the Company. This amendment is effective immediately.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000939057-24-000006","anchor_url":"https://secwatch.observer/filing/0000939057-24-000006#claim-f1535680db20e758ba6ebfb8197c2b208151cccd","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/818677/000093905724000006/0000939057-24-000006-index.htm"}]}