News & Videos - SECURITY FEDERAL SFDL

AIKEN, S.C., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Security Federal Corporation, parent company of Security Federal Bank, is pleased to announce that a quarterly dividend of $0.14 per share will be paid on or about March 15, 2024, to shareholders of record as of February 29, 2024. This increased dividend represents an increase of $0.01, or 7.7%, over the previous regular quarterly dividend. This is the one hundred thirty-third consecutive quarterly dividend to shareholders since the Bank’s...

AIKEN, S.C., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Security Federal Corporation (the “Company”) (OTCBB: SFDL), the holding company for Security Federal Bank (the “Bank”), today announced its earnings and financial results for the quarter and year ended December 31, 2023. The Company reported net income of $3.6 million, or $1.12 per common share, for the quarter ended December 31, 2023 compared to $3.3 million, or $1.01 per common share, for the fourth quarter of 2022. The increase in...

AIKEN, S.C., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Security Federal Corporation (the “Company”) (OTCBB: SFDL), the holding company for Security Federal Bank (the “Bank”), today announced earnings and financial results for the three and nine months ended September 30, 2023. The Company reported net income of $2.1 million, or $0.65 per share, for the quarter ended September 30, 2023 compared to $3.2 million, or $0.99 per share, for the third quarter of 2022. Year to date net income was $6.6...

AIKEN, S.C., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Security Federal Corporation, parent company of Security Federal Bank, is pleased to announce that a quarterly dividend of $0.13 per share will be paid on or about September 15, 2023, to shareholders of record as of August 31, 2023. This is the one hundred thirty-first consecutive quarterly dividend to shareholders since the Bank’s conversion in October of 1987 from a mutual to a stock form of ownership. The dividend was declared as a result of...

AIKEN, S.C., July 31, 2023 (GLOBE NEWSWIRE) -- Security Federal Corporation (the “Company”) (OTCBB: SFDL), the holding company for Security Federal Bank (the “Bank”), today announced earnings and financial results for the three and six months ended June 30, 2023. The Company reported net income of $1.8 million, or $0.55 per share, for the quarter ended June 30, 2023 compared to $2.2 million, or $0.67 per share, for the second quarter of 2022. Year to date net income was $4.5 million, or...

AIKEN, S.C., May 26, 2023 (GLOBE NEWSWIRE) -- Security Federal Corporation, parent company of Security Federal Bank, is pleased to announce that a quarterly dividend of $0.13 per share will be paid on or about June 15, 2023, to shareholders of record as of May 31, 2023. This is the one hundred thirtieth consecutive quarterly dividend to shareholders since the Bank’s conversion in October of 1987 from a mutual to a stock form of ownership. The dividend was declared as a result of the Bank’s...

AIKEN, S.C., April 28, 2023 (GLOBE NEWSWIRE) -- Security Federal Corporation (the “Company”) (OTCBB: SFDL), the holding company for Security Federal Bank (the “Bank”), today announced earnings and financial results for the quarter ended March 31, 2023. The Company reported net income of $2.7 million, or $0.82 per share, for the quarter ended March 31, 2023 compared to $1.5 million, or $0.48 per share, for the first quarter of 2022. The increase in net income was primarily due to an...

AIKEN, S.C., Feb. 17, 2023 (GLOBE NEWSWIRE) -- Security Federal Corporation, parent company of Security Federal Bank, is pleased to announce that a quarterly dividend of $0.13 per share will be paid on or about March 15, 2023, to shareholders of record as of February 28, 2023. This increased dividend represents an increase of $0.01, or 8.3%, over the previous regular quarterly dividend. This is the one hundred twenty-ninth consecutive quarterly dividend to shareholders since the Bank’s...

AIKEN, S.C., Feb. 06, 2023 (GLOBE NEWSWIRE) -- Security Federal Corporation (the “Company”) (OTCBB: SFDL), the holding company for Security Federal Bank (the “Bank”), today announced earnings and financial results for the quarter and year ended December 31, 2022. Quarterly net income increased $1.3 million, or 62.2%, to $3.3 million, or $1.01 per common share, for the fourth quarter of 2022 compared to $2.0 million, or $0.62 per common share, for the fourth quarter of 2021. The increase...

AIKEN, S.C., Oct. 31, 2022 (GLOBE NEWSWIRE) -- Security Federal Corporation (the “Company”) (OTCBB: SFDL), the holding company for Security Federal Bank (“Bank”), today announced earnings and financial results for the three and nine months ended September 30, 2022. Net income was $3.2 million, or $0.99 per common share, for the quarter ended September 30, 2022 compared to $4.6 million, or $1.43 per common share, for the same quarter last year. Year to date net income was $6.9 million, or...

AIKEN, S.C., Aug. 17, 2022 (GLOBE NEWSWIRE) -- Security Federal Corporation, parent company of Security Federal Bank, is pleased to announce that a quarterly dividend of $0.12 per share will be paid on or about September 15, 2022, to shareholders of record as of August 31, 2022. This is the one hundred twenty-seventh consecutive quarterly dividend to shareholders since the Bank’s conversion in October of 1987 from a mutual to a stock form of ownership. The dividend was declared as a result of...

AIKEN, S.C., July 29, 2022 (GLOBE NEWSWIRE) -- Security Federal Corporation (“Company”) (OTCBB: SFDL), the holding company for Security Federal Bank (“Bank”), today announced earnings and financial results for the three and six months ended June 30, 2022. Net income was $2.2 million, or $0.67 per common share, for the quarter ended June 30, 2022 compared to $2.9 million, or $0.90 per common share, for the same quarter last year. Year to date net income was $3.7 million, or $1.14 per...

AIKEN, S.C., June 10, 2022 (GLOBE NEWSWIRE) -- Security Federal Corporation, parent company of Security Federal Bank, is pleased to announce that a quarterly dividend of $0.12 per share will be paid on or about June 15, 2022, to shareholders of record as of May 31, 2022. This is the one hundred twenty-sixth consecutive quarterly dividend to shareholders since the Bank’s conversion in October of 1987 from a mutual to a stock form of ownership. The dividend was declared as a result of the...

AIKEN, S.C., May 02, 2022 (GLOBE NEWSWIRE) -- Security Federal Corporation (“Company”) (OTCBB: SFDL), the holding company for Security Federal Bank (“Bank”), today announced earnings and results for the quarter ended March 31, 2022. The Company reported net income of $1.5 million, or $0.48 per share, for the quarter ended March 31, 2022 compared to $3.2 million, or $0.98 per share, for the first quarter of 2021. The decrease in net income was primarily due to the release of loan loss...

AIKEN, S.C., April 22, 2022 (GLOBE NEWSWIRE) -- In early March 2021, the United States Department of Treasury announced it would invest $9 billion in Community Development Financial Institutions (CDFIs) and Minority Depository Institutions (MDIs) through the Emergency Capital Investment Program (ECIP). ECIP will provide up to $9 billion in capital directly to depository CDFIs and MDIs to support the provision of loans, grants, and forbearance for small and minority businesses and consumers in...

AIKEN, S.C., March 16, 2022 (GLOBE NEWSWIRE) -- Security Federal Corporation (“Company”) (OTCBB: SFDL), the parent company of Security Federal Bank (“Bank”), today announced that its Board of Directors has declared a special cash dividend of $0.28 per share. The dividend will be paid on April 15, 2022 to shareholders of record as of March 31, 2022. Chief Executive Officer J. Chris Verenes, commented that, “Due to our continued profitability, we are very pleased to provide this payment...

AIKEN, S.C., Feb. 14, 2022 (GLOBE NEWSWIRE) -- Security Federal Corporation, parent company of Security Federal Bank, is pleased to announce the quarterly dividend will increase $0.01, or 9%, to $0.12 per share. The dividend will be paid on or about March 15, 2022, to shareholders of record as of February 28, 2022. This is the one hundred twenty-fifth consecutive quarterly dividend to shareholders since the Bank’s conversion in October of 1987 from a mutual to a stock form of ownership. The...

AIKEN, S.C., Feb. 07, 2022 (GLOBE NEWSWIRE) -- Security Federal Corporation (“Company”) (OTCBB: SFDL), the holding company for Security Federal Bank (“Bank”), today announced earnings and results for the quarter and year ended December 31, 2021. The Company reported net income of $2.0 million, or $0.62 per share, for the quarter ended December 31, 2021 compared to $3.1 million, or $0.94 per share, for the same period in 2020. For the year ended December 31, 2021, net income increased...

AIKEN, S.C., Nov. 19, 2021 (GLOBE NEWSWIRE) -- Security Federal Corporation, parent company of Security Federal Bank, is pleased to announce that a quarterly dividend of $0.11 per share will be paid on or about December 15, 2021, to shareholders of record as of November 30, 2021. This is the one hundred twenty-fourth consecutive quarterly dividend to shareholders since the Bank’s conversion in October of 1987 from a mutual to a stock form of ownership. The dividend was declared as a result of...

AIKEN, S.C., Nov. 01, 2021 (GLOBE NEWSWIRE) -- Security Federal Corporation (“Company”) (OTCBB: SFDL), the holding company for Security Federal Bank (“Bank”), today announced earnings and financial results for the three and nine months ended September 30, 2021. Net income increased $3.7 million, or 412.9%, to $4.6 million, or $1.43 per common share, for the quarter ended September 30, 2021 compared to $905,000, or $0.28 per common share, for the same quarter last year. Year to date net...