---
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"
generated_at: "2026-05-23T03:06:21.700990+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Security Federal Q1 net income rises to $2.6M ($0.81/share) from $1.8M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-013723
- JSON: https://secwatch.observer/filing/0001437749-25-013723.json
- Plain text: https://secwatch.observer/filing/0001437749-25-013723.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.