Security Federal CORP 10-Q quarterly reports
Quarterly reports, with unaudited financial statements and management’s discussion of the quarter just ended.
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Security Federal Corporation announced a significant increase in net income and improved credit quality for the third quarter and first nine months ended September 30, 2025, driven by higher net interest income and a reversal of credit loss provisions.
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Security Federal Corporation reported an 11.6% increase in net income available to common shareholders for Q2 2025, driven by improved net interest income and stable credit quality.
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Security Federal Corporation's Q1 2025 net income available to common shareholders rose to $2.6 million, a 47.8% increase compared to Q1 2024.
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Security Federal Corporation's Q3 2024 results show increased loan activity and net interest income, but also higher expenses and a provision for credit losses, leading to a slight decrease in net income available to common shareholders.
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Security Federal Corporation's Q2 2024 results show increased loan activity and net interest income, but also higher expenses and a slight decrease in overall profitability compared to the previous year.
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Security Federal Corporation's first quarter 2024 earnings declined due to lower net interest income and increased expenses, despite loan growth.