{"schema_version":"secwatch.filing_event.v1","accession":"0000939057-22-000046","form_type":"8-K","ticker":"SFDL","cik":"0000818677","company_name":"SECURITY FEDERAL CORP","filed_at":"2022-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:04:09.884014+00:00","generated_at":"2026-06-27T10:52:50.320889+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Security Federal Corp reports record annual net income of $12.8M for FY2021","bullets":["FY2021 net income $12.8M ($3.93/diluted share), up 81% from $7.1M ($2.19/share) in FY2020.","Q4 net income $2.0M ($0.62/share) vs $3.1M ($0.94/share) in Q4 2020; quarterly drop due to higher non-interest expense.","Net interest income for year rose 9% to $33.3M; $2.4M negative provision for loan losses released as credit quality improved.","Total assets reached $1.3B; deposits grew 21.6% to $1.1B; book value per share $35.51 from $34.40.","Non-performing assets fell to 0.56% of gross loans from 0.75%; allowance to loans 2.19%."],"urls":{"canonical":"https://secwatch.observer/filing/0000939057-22-000046","json":"https://secwatch.observer/filing/0000939057-22-000046.json","markdown":"https://secwatch.observer/filing/0000939057-22-000046.md","text":"https://secwatch.observer/filing/0000939057-22-000046.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/818677/000093905722000046/0000939057-22-000046-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/818677/000093905722000046/8k2722.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T10:52:50.320889+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}