For the quarter ending 2025-09-30, SFDL has $1,612,017K in assets. $1,417,226K in debts. $51,805K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 51,805 | 142,190 | ||
| Certificates of deposit with other banks | 1,250 | 1,250 | ||
| Available for sale ('afs') | 674,281 | 588,207 | ||
| Held to maturity ('htm') net of allowance for credit losses of 0 (fair value of 112,801 and 130,902 at september 30, 2025 and december 31, 2024, respectively) | 114,980 | 119,402 | ||
| Total investments | 789,261 | 707,609 | ||
| Held for sale | 1,044 | 2,229 | ||
| Loans | 690,780 | - | ||
| Held for investment, allowance for credit loss | 13,603 | - | ||
| Deferred loan fees | 107 | - | ||
| Financing receivable, allowance for credit loss and deferred loan fees | 13,710 | - | ||
| Held for investment (net of allowance for credit losses of 13,603 and 13,894 at september 30, 2025 and december 31, 2024, respectively) | 677,070 | 685,501 | ||
| Total loans receivable, net | 678,114 | 687,730 | ||
| Accrued interest receivable | 5,266 | 5,096 | ||
| Operating lease right-of-use ('rou') assets | 1,142 | 1,262 | ||
| Land held for sale | 702 | 702 | ||
| Premises and equipment, net | 33,192 | 33,390 | ||
| Federal home loan bank ('fhlb') stock, at cost | 1,083 | 1,130 | ||
| Other real estate owned ('oreo') | 45 | - | ||
| Bank owned life insurance ('boli') | 34,202 | 29,016 | ||
| Goodwill | 1,200 | 1,200 | ||
| Other assets | 14,755 | 14,661 | ||
| Total assets | 1,612,017 | 1,625,236 | ||
| Checking | 455,988 | - | ||
| Money market | 490,932 | - | ||
| Savings | 88,628 | - | ||
| Certificates of deposit | 329,922 | - | ||
| Deposit accounts | 1,365,470 | 1,383,201 | ||
| Borrowings from federal reserve bank of richmond ('frb') | 0 | 0 | ||
| Other borrowings | 23,889 | 24,411 | ||
| Junior subordinated debentures | 5,155 | 5,155 | ||
| Subordinated debentures | 10,000 | 10,000 | ||
| Operating lease liabilities | 1,169 | 1,292 | ||
| Other liabilities | 11,543 | 9,898 | ||
| Total liabilities | 1,417,226 | 1,433,957 | ||
| Senior non-cumulative perpetual preferred stock, series ecip, 1,000 par value 82,949 shares authorized, issued and outstanding at september 30, 2025 and december 31, 2024 | 82,949 | 82,949 | ||
| Common stock, 0.01 par value 5,000,000 shares authorized 3,459,093 shares issued and 3,123,691 shares outstanding at september 30, 2025 and 3,458,050 shares issued and 3,186,571 shares outstanding at december 31, 2024, respectively | 35 | 35 | ||
| Additional paid-in capital ('apic') | 18,368 | 18,356 | ||
| Treasury stock, at cost 335,402 and 271,479 shares outstanding at september 30, 2025 and december 31, 2024, respectively | 7,922 | 6,065 | ||
| Accumulated other comprehensive loss ('aocl') | -23,173 | -25,826 | ||
| Retained earnings | 124,534 | 121,830 | ||
| Total shareholders' equity | 194,791 | 191,279 | ||
| Total liabilities and shareholders' equity | 1,612,017 | 1,625,236 | ||
SECURITY FEDERAL CORP (SFDL)
SECURITY FEDERAL CORP (SFDL)