Security Federal Corp. Files 2024 10-K
Ticker: SFDL · Form: 10-K · Filed: Mar 14, 2025 · CIK: 818677
| Field | Detail |
|---|---|
| Company | Security Federal Corp (SFDL) |
| Form Type | 10-K |
| Filed Date | Mar 14, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, financials, commercial-bank
TL;DR
SEC FILING: Security Federal Corp. 2024 10-K is in. Assets $130.9M, Liabilities $158.5M. Check it out.
AI Summary
Security Federal Corp. filed its 2024 10-K on March 14, 2025, reporting its financial performance for the fiscal year ending December 31, 2024. The company, headquartered in Aiken, SC, operates as a commercial bank. Key financial figures include total assets of $130,902,000 and total liabilities of $158,540,000 for the reported period.
Why It Matters
This filing provides investors and stakeholders with a comprehensive overview of Security Federal Corp.'s financial health and operational performance for the fiscal year 2024, enabling informed investment decisions.
Risk Assessment
Risk Level: low — The filing is a standard annual report for a publicly traded company and does not indicate any immediate or unusual risks.
Key Numbers
- $130.9B — Total Assets (As of December 31, 2024)
- $158.5B — Total Liabilities (As of December 31, 2024)
- $13.9B — Total Equity (As of December 31, 2024)
- $12.6B — Net Income (For the fiscal year ended December 31, 2024)
Key Players & Entities
- SECURITY FEDERAL CORP (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- 2025-03-14 (date) — Filing date
- AIKEN, SC (location) — Company headquarters
- 6022 (industry_code) — Standard Industrial Classification for Commercial Banks
- 570858504 (tax_id) — IRS Number
- SC (state) — State of incorporation
- 130,902 (dollar_amount) — Total assets
- 158,540 (dollar_amount) — Total liabilities
FAQ
What were Security Federal Corp.'s total assets as of December 31, 2024?
Security Federal Corp.'s total assets were $130,902,000 as of December 31, 2024.
What was the company's net income for the fiscal year ended December 31, 2024?
The company reported a net income of $12,569,000 for the fiscal year ended December 31, 2024.
When did Security Federal Corp. file its 2024 10-K report?
Security Federal Corp. filed its 2024 10-K report on March 14, 2025.
What is Security Federal Corp.'s Standard Industrial Classification code?
Security Federal Corp.'s Standard Industrial Classification code is 6022, which corresponds to State Commercial Banks.
What were the total liabilities for Security Federal Corp. at the end of fiscal year 2024?
Total liabilities for Security Federal Corp. at the end of fiscal year 2024 were $158,540,000.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 14, 2025 regarding SECURITY FEDERAL CORP (SFDL).