SEC FORM 4/A

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

TIMBERLAKE JOE E III

(Last)

(First)

(Middle)

555 NORTH RIVOLI FARMS DR

(Street)

MACON

31210

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
SECURITY BANK CORP [ SBKC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2008

4. If Amendment, Date of Original Filed (Month/Day/Year)
03/17/2008

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/13/2008		X		63,975	A	$6.58	241,657⁽¹⁾	D⁽³⁾
Common Stock	03/13/2008		X		4,325	A	$6.58	16,471⁽¹⁾	I	BY SELF AS TRUSTEE FOR ELIZABETH M. TIMBERLAKE REVOCABLE TRUST
Common Stock	03/13/2008		X		3,150	A	$6.58	12,160⁽¹⁾	I	BY SELF AS TRUSTEE FOR ELIZABETH T. OROPEZA REVOCABLE TRUST
Common Stock	03/13/2008		X		3,150	A	$6.58	12,150⁽¹⁾	I	CUSTODIAN FOR⁽²⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Subscription Rights (right to buy)	$6.58	03/13/2008		X			63,975	02/12/2008	03/10/2008	Common Stock	63,975	$0	0	D
Subscription Rights (right to buy)	$6.58	03/13/2008		X			4,325	02/12/2008	03/10/2008	Common Stock	4,325	$0	0	I	BY SELF AS TRUSTEE FOR ELIZABETH M. TIMBERLAKE REVOCABLE TRUST
Subscription Rights (right to buy)	$6.58	03/13/2008		X			3,150	02/12/2008	03/10/2008	Common Stock	3,150	$0	0	I	BY SELF AS TRUSTEE FOR ELIZABETH T. OROPEZA REVOCABLE TRUST
Subscription Rights (right to buy)	$6.58	03/13/2008		X			3,150	02/12/2008	03/10/2008	Common Stock	3,150	$0	0	I	CUSTODIAN FOR⁽²⁾

Explanation of Responses:

1. This form reflects the actual amount of common stock held in each individual capacity. Prior reports reflected, in each line, the aggregate number of shares of issuer common stock held, both directly and indirectly, by the reporting person.

2. As custodian for accounts in the name of his grandchildren. Each of six custodial accounts acquired 525 shares in the rights offering.

3. Previously reported shares were reported incorrectly due to a mathematical error.

Remarks:

	/s/ Joe E. Timberlake, III	05/06/2008
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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