secwatch.observer — SEC 8-K summary
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Issuer:     SECURITY FEDERAL CORP (SFDL)
CIK:        0000818677
Form:       8-K
Filed at:   2026-01-30T23:59:59+00:00
Accession:  0001437749-26-002479
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Security Federal Q4 EPS $1.24 vs $0.94; full-year $3.80 vs $2.77
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- Q4 2025 net income available to common $3.9M ($1.24/share) vs $3.0M ($0.94) in Q4 2024.
- Full-year 2025 net income available to common $12.0M ($3.80/share) vs $8.9M ($2.77) in 2024.
- Net interest income rose 11.5% to $12.6M in Q4, driven by lower interest expense.
- Recorded $235K reversal of provision for credit losses in 2025 vs. $1.4M provision in 2024; NPAs fell to $5.8M.
- Common equity book value per share increased to $37.74 from $31.21 a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/818677/000143774926002479/0001437749-26-002479-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/818677/000143774926002479/sfdl20260129_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-002479

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer