SFDL News Alert Security Federal Cor (SFDL) 17.6900 02/15/2015
Post# of 64074
Security Federal Corporation Announces Increase in Earnings for the Quarter and the Year
Business Wire - Mon Jan 26, 8:51AM CST
Security Federal Corporation ("Company" (OTCBB:SFDL), the holding company for Security Federal Bank ("Bank" , today announced earnings for the year ended December 31, 2014. Net income available to common shareholders increased $2.0 million or 60.3% to $5.4 million or $1.82 per common share (basic) for the year ended December 31, 2014 compared to $3.4 million or $1.14 per common share (basic) for the year ended December 31, 2013. The increase was primarily the result of an increase in net interest income combined with a decrease in the provision for loan losses.
Security Federal Corporation Announces Quarterly and Nine Month Earnings
Business Wire - Tue Oct 28, 9:15AM CDT
Security Federal Corporation ("Company" (OTCBB:SFDL), the holding company for Security Federal Bank ("Bank" , today announced earnings for the quarter and nine month periods ended September 30, 2014. The Company reported net income available to common shareholders of $1.6 million or $0.54 per common share (basic) for the quarter ended September 30, 2014, an increase of $688,000 or 75.5% compared to net income available to common shareholders of $912,000 or $0.31 per common share (basic) for the quarter ended September 30, 2013. For the nine months ended September 30, 2014, net income available to common shareholders increased $1.9 million or 85.6% to $4.2 million or $1.41 per common share (basic), compared to net income available to common shareholders of $2.2 million or $0.76 per common share (basic) for the same period in 2013. The increases in earnings for the quarter and nine month periods are primarily a result of increases in net interest income combined with decreases in the provision for loan losses. These factors were offset slightly by a decrease in gain on sale of investments in both periods.
Security Federal Corporation Announces Cash Dividend
Business Wire - Mon Aug 18, 8:50AM CDT
Security Federal Corporation, parent company of Security Federal Bank, announced that a quarterly dividend of $ .08 per share will be paid on or about September 15, 2014 to shareholders of record as of August 31, 2014.
Security Federal Corporation Announces Increase in Quarterly and Six Month Earnings
Business Wire - Thu Jul 31, 8:20AM CDT
Security Federal Corporation ("Company" (OTCBB:SFDL), the holding company for Security Federal Bank ("Bank" , today announced earnings for the quarter and six month periods ended June 30, 2014. The Company reported net income available to common shareholders of $1.4 million or $0.46 per common share (basic) for the quarter ended June 30, 2014, an increase of $598,000 or 77.8% compared to net income available to common shareholders of $769,000 or $0.26 per common share (basic) for the quarter ended June 30, 2013. For the six months ended June 30, 2014, net income available to common shareholders increased $1.2 million or 92.4% to $2.6 million or $0.87 per common share (basic), compared to net income available to common shareholders of $1.3 million or $0.45 per common share (basic) for the same period in 2013. The increases in earnings for the quarter and six month periods are primarily a result of increases in net interest income combined with decreases in the provision for loan losses. These factors were offset slightly by a decrease in non-interest income in both periods.