Security Federal Corp Q1 2025: Assets $3.46B, Net Income $1M
Ticker: SFDL · Form: 10-Q · Filed: May 9, 2025 · CIK: 818677
| Field | Detail |
|---|---|
| Company | Security Federal Corp (SFDL) |
| Form Type | 10-Q |
| Filed Date | May 9, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: earnings, financials, bank
TL;DR
**SEC FILING: Security Federal Corp Q1 2025. Assets $3.46B, Liabilities $3.19B, Net Income $1M. Stable but flat.**
AI Summary
Security Federal Corp reported its Q1 2025 results, with total assets at $3,458,407,000 and total liabilities at $3,186,903,000 as of March 31, 2025. Net income for the quarter was $1,000,000, a slight decrease from $1,000,000 in the same period last year. The company's net interest income was $14,005,000 for the quarter.
Why It Matters
This filing provides a snapshot of Security Federal Corp's financial health and performance for the first quarter of 2025, impacting investor confidence and potential lending decisions.
Risk Assessment
Risk Level: low — The filing indicates a stable financial position with minimal fluctuations in key metrics, suggesting low immediate risk.
Key Numbers
- $3.46B — Total Assets (As of March 31, 2025, indicating the company's overall size.)
- $3.19B — Total Liabilities (As of March 31, 2025, showing the company's debt obligations.)
- $1.0M — Net Income (For the first quarter of 2025, reflecting profitability.)
- $14.0M — Net Interest Income (For the first quarter of 2025, a key revenue driver for banks.)
Key Players & Entities
- SECURITY FEDERAL CORP (company) — Filer
- 20250331 (date) — Reporting period end date
- $3,458,407,000 (dollar_amount) — Total assets as of March 31, 2025
- $3,186,903,000 (dollar_amount) — Total liabilities as of March 31, 2025
- $1,000,000 (dollar_amount) — Net income for Q1 2025
- $14,005,000 (dollar_amount) — Net interest income for Q1 2025
FAQ
What was Security Federal Corp's net income for the first quarter of 2025?
Security Federal Corp's net income for the first quarter of 2025 was $1,000,000.
What were the total assets of Security Federal Corp as of March 31, 2025?
As of March 31, 2025, Security Federal Corp's total assets were $3,458,407,000.
What was the net interest income for Security Federal Corp in Q1 2025?
Security Federal Corp reported net interest income of $14,005,000 for the first quarter of 2025.
How do the Q1 2025 net income figures compare to the same period in 2024?
The net income for Q1 2025 was $1,000,000, which is the same as the net income reported for the same period in 2024.
What is the company's SIC code?
The Standard Industrial Classification (SIC) code for Security Federal Corp is 6022, which corresponds to State Commercial Banks.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 9, 2025 regarding SECURITY FEDERAL CORP (SFDL).