{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-013723","form_type":"8-K","ticker":"SFDL","cik":"0000818677","company_name":"SECURITY FEDERAL CORP","filed_at":"2025-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.389094+00:00","generated_at":"2026-05-23T03:06:21.700990+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 Q1 net income rises to $2.6M ($0.81/share) from $1.8M","bullets":["Net income available to common shareholders $2.6M ($0.81 per share), up from $1.8M ($0.54) in Q1 2024.","Net interest income increased 12.5% to $11.2M; no provision for credit losses recorded vs $335k in prior year.","Non-interest income rose 5.3% to $2.4M; non-interest expense increased 2.1% to $9.8M.","Total assets $1.58B, deposits $1.35B (+1.6% QoQ); borrowings reduced 57.6% to $39.4M.","Non-performing assets to total assets 0.46%; allowance for credit losses at 1.99% of gross loans."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-013723","json":"https://secwatch.observer/filing/0001437749-25-013723.json","markdown":"https://secwatch.observer/filing/0001437749-25-013723.md","text":"https://secwatch.observer/filing/0001437749-25-013723.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/818677/000143774925013723/0001437749-25-013723-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/818677/000143774925013723/sfdl20250428_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T03:06:21.700990+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"}