Welcome to our dedicated page for Security Fed news (Ticker: SFDL), a resource for investors and traders seeking the latest updates and insights on Security Fed stock.
Security Federal Corporation reports news as the holding company for Security Federal Bank, a community banking organization with full-service branches in South Carolina and Georgia. Company updates regularly cover quarterly and annual earnings, net interest income, non-interest income and expense, credit-loss provisions, non-performing assets and other credit-quality measures tied to the bank’s lending and deposit business.
Recurring announcements also include cash dividends on SFDL common stock, which trades on the OTC market. Security Federal Bank provides banking, trust and investment services, while insurance services are offered through the bank’s wholly owned subsidiary, Security Federal Insurance, Inc.
Security Federal Corporation (OTCBB:SFDL) reported higher quarterly and year-to-date earnings for the periods ended September 30, 2025. Net income available to common shareholders was $3.2M (EPS $1.01) for Q3 2025 vs $2.0M (EPS $0.62) in Q3 2024, and $8.14M (EPS $2.57) YTD vs $5.88M (EPS $1.83) prior year. Results were driven by net interest income up 16.0% quarter and a $200k net reversal of provision for credit losses YTD.
Deposits rose 8.6% YoY, investment securities increased by $128.4M, and common equity book value per share reached $35.80.
Security Federal Corporation (OTCID:SFDL), the parent company of Security Federal Bank, has declared its 139th consecutive quarterly dividend of $0.15 per share. The dividend will be paid on September 15, 2025, to shareholders of record as of August 31, 2025.
The dividend announcement reflects the bank's continued profitability. Security Federal Bank operates 19 full-service branch locations across South Carolina and Georgia, offering a comprehensive range of financial services including trust, investments, and insurance services through its subsidiary, Security Federal Insurance, Inc.
Security Federal Corporation (OTCID: SFDL) reported strong financial results for Q2 2025. Net income available to common shareholders reached $2.4 million ($0.75 per share) in Q2 2025, up from $2.1 million ($0.66 per share) in Q2 2024. For the first six months of 2025, net income was $5.0 million ($1.56 per share), compared to $3.9 million ($1.20 per share) in 2024.
The bank's performance was driven by an 11.1% increase in net interest income to $11.3 million, improved non-interest income, and no provision for credit losses. Total assets grew to $1.6 billion, a 5.3% year-over-year increase. The bank maintained strong credit quality with non-performing assets at just 0.37% of total assets and an allowance for credit losses of 2.00% of gross loans.
Security Federal Corporation (SFDL) has declared its 138th consecutive quarterly dividend of $0.15 per share, payable on June 15, 2025, to shareholders of record as of May 31, 2025. The dividend announcement stems from the bank's continued profitability. Security Federal Bank operates 19 full-service branch locations across South Carolina and Georgia, offering comprehensive financial services including trust, investments, and insurance through its subsidiary, Security Federal Insurance, Inc.
Security Federal (OTCBB: SFDL) has announced a special cash dividend of $0.10 per share, payable on April 15, 2025, to shareholders of record as of March 31, 2025. The decision comes as a result of the company's continued profitability.
CEO J. Chris Verenes emphasized that future dividend payments and amounts will depend on the Board's assessment of the company's financial condition, earnings, and capital requirements. Security Federal Bank operates nineteen full-service branch locations across South Carolina and Georgia, offering a comprehensive range of financial services including trust, investments, and insurance through its subsidiary, Security Federal Insurance, Inc.
Security Federal (SFDL) has announced a quarterly dividend increase of $0.01 (7.1%) to $0.15 per share, payable on March 15, 2025, to shareholders of record as of February 28, 2025. This marks the company's 137th consecutive quarterly dividend since its conversion from mutual to stock ownership in October 1987.
The dividend declaration stems from the bank's continued profitability. Security Federal Bank operates nineteen full-service branches across South Carolina and Georgia, offering comprehensive financial services including trust, investments, and insurance through its subsidiary, Security Federal Insurance, Inc.
Security Federal (SFDL) reported Q4 2024 net income of $3.0 million ($0.94 per share), down from $3.6 million ($1.12 per share) in Q4 2023. Full-year 2024 net income was $8.9 million ($2.77 per share), compared to $10.2 million ($3.14 per share) in 2023.
Q4 highlights include a 7.8% increase in net interest income to $11.3 million, with total interest income rising 10.1% to $20.2 million. Non-interest income grew 2.8% to $2.8 million, while non-interest expense increased 5.2% to $9.5 million.
The bank's total assets reached $1.6 billion, up 4.0% in 2024. Total loans increased 10.4% to $687.1 million, while deposits grew 10.8% to $1.3 billion. The allowance for credit losses remained stable at 1.98% of gross loans, with non-performing assets at 0.47% of total assets.
Security Federal has declared a quarterly dividend of $0.14 per share, payable on December 15, 2024, to shareholders of record as of November 30, 2024. This marks the company's 136th consecutive quarterly dividend since its conversion from mutual to stock ownership in October 1987. The dividend declaration reflects the bank's continued profitability. Security Federal Bank operates 19 full-service branches across South Carolina and Georgia, offering financial services including trust, investments, and insurance through its subsidiary, Security Federal Insurance.
Security Federal reported Q3 2024 net income of $2.0 million ($0.62 per share), compared to $2.1 million ($0.65 per share) in Q3 2023. Net interest income increased 10.2% to $10.4 million, while total interest income rose 16.1% to $19.5 million. Year-to-date net income was $5.9 million ($1.83 per share), down from $6.6 million ($2.02 per share) in 2023. The decrease was primarily due to increased provision for credit losses, higher non-interest expenses, and preferred stock dividend payments. Total assets reached $1.6 billion, showing a 6.7% year-over-year increase.