Here are the 10-K annual reports from Security Federal Corp (SFDL) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow SFDL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SFDL filings page.
Security Federal Corporation filed its 2025 annual report and outlined that, after this filing, it will no longer be required to submit future reports to the SEC following a previously filed Form 15 terminating its Section 12(g) registration.
As of December 31, 2025, the company reported $1.6 billion in assets, loans receivable of $673.1 million, deposits of $1.4 billion and shareholders’ equity of $200.5 million. The bank operates 19 branches across South Carolina and Georgia, focusing on commercial real estate, residential mortgages, construction, commercial and agricultural, and consumer lending.
Credit quality metrics remained stable, with non‑accrual loans of $5.8 million, net charge‑offs at 0.02% of average loans, and an allowance for credit losses of $13.5 million. The company highlighted its Community Development Financial Institution status and a prior $82.9 million ECIP preferred investment that supports Tier 1 capital, as well as the full redemption of its trust preferred debentures and the absence of FHLB and Federal Reserve borrowings at year‑end.