Company:  SECURITY FEDERAL CORP (SFDL)
Form Type:  10-Q
Filing Date:  11/15/2010 
CIK:  0000818677 
Address:  238 RICHLAND AVENUE WEST 
City, State, Zip:  AIKEN, South Carolina 29801 
Telephone:  (803) 641-3000 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
$13.95  
Change: 
0.58 (4.34%)  
Trade Time: 
01:43 PM EST  
Market Cap: 
$41.07M
Description of Business
Security Federal Corporation (the "Company") was incorporated under the laws of the State of Delaware in July 1987 for the purpose of becoming the savings and loan holding company for Security Federal Bank ("Security Federal" or the "Bank") upon the Bank's conversion from mutual to the stock form (the "Conversion"). Effective August 17, 1998, the Company changed its state of incorporation from Delaware to South Carolina. On December 28, 2011, the Company reorganized into a bank holding company in connection with the Bank's conversion from a federally chartered stock savings bank to a South Carolina chartered commercial bank. As a result of the reorganization, the Board of Governors of the Federal Reserve System ("Federal Reserve") is now the Company's primary federal regulator. On January 17, 2013, the Board of Directors of the Company determined to change the Company's fiscal year end from March 31 to December 31.
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  FORM 10-Q
    Part I. Financial Information
      Item 1. Financial Statements
        BALANCE SHEET
        INCOME STATEMENT
        INCOME STATEMENT
        STOCKHOLDERS EQUITY
        STOCKHOLDERS EQUITY
        CASH FLOW
        CASH FLOW
        Notes to Consolidated Financial Statements (unaudited)
      Item 2. Management's Discussion and Analysis of Financial ...
      Item 3. Quantitative and Qualitative Disclosures about ...
      Item 4. Controls and Procedures
    Part II: Other Information
      Item 1 Legal Proceedings
      Item 1A Risk Factors
      Item 2 Unregistered sales of Equity Securities and Use Of ...
      Item 3 Defaults Upon Senior Securities
      Item 5 Other Information
      Item 6 Exhibits
    Signatures
  EXHIBIT 31.1
    Certification of the Chief Executive Officer Pursuant to ...
  EXHIBIT 31.2
    Certification of the Chief Financial Officer Pursuant to ...
  EXHIBIT 32
    Certification Pursuant to Section 906 of the Sarbanes Oxley Act
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