sfdl: the income statement

MyFinsight

SECURITY FEDERAL CORP (SFDL)

For the quarter ending 2025-06-30, SFDL made $22,044K in revenue. $2,375K in net income. Net profit margin of 10.77%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30	2024-09-30	2024-06-30
Fees income-Atm And Credit Card	815	-	-
Fees income-Deposit Account	306	-	-
Other	349	159	258
Commissions from insurance agency	197	248	172
Gain on sale of loans	253	210	231
Net gain on sale of investments	22	37	-
Boli income	179	178	173
Trust income	474	721	534
Fees income	-	1,072	1,086
Total non-interest income	2,595	2,625	2,454
Data processing	-	-	338
Consulting	195	172	145
Other	1,401	1,193	1,528
Occupancy	936	800	812
Compensation and employee benefits	5,856	5,359	5,524
Fdic insurance premiums	181	200	172
Advertising	198	254	226
Cloud services	239	299	-
Depreciation and maintenance of equipment	401	297	526
Debit card expenses	550	388	398
Data processing	404	351	-
Total non-interest expense	10,361	9,313	9,669
Provision for credit losses	-	580	175
Subordinated debentures	131	348	348
Fhlb advances and other borrowed money	90	924	891
Junior subordinated debentures	82	95	95
Deposits	7,834	7,754	7,306
Total interest expense	8,137	9,121	8,640
Other	1,425	1,451	1,168
Tax-exempt investment securities	34	89	150
Taxable investment securities	6,891	7,397	7,474
Loans	11,099	10,594	10,029
Total interest income	19,449	19,531	18,821
Net interest income	11,312	10,410	10,181
Net interest income after provision for credit losses	11,312	9,830	10,006
Income before income taxes	3,546	3,142	2,791
Provision for income taxes	756	732	565
Net income	2,790	2,410	2,226
Preferred stock dividends	415	415	97
Net income available to common shareholders	2,375	1,995	2,129

Net income per common share (basic) (in dollars per share)	0.75	0.62	0.66
Weighted average shares outstanding (basic) (in shares)	3,186,000	3,195,368	3,219,539

Unit: Thousand (K) dollars (except for numbers of shares and EPS)