Security Federal Corporation and Subsidiaries Consolidated Statements of Shareholders’ Equity and Comprehensive Income (Unaudited) (USD $)	Total	Preferred Stock	Warrants	Common Stock	Additional Paid-In Capital	Treasury Stock	Accumulated Other Comprehensive Income	Retained Earnings	Total Stockholder's Equity
Balance At Start Of Period at Mar. 31, 2010		$ 17,692,609	$ 400,000	$ 26,055	$ 5,352,144	$ (4,330,712)	$ 4,608,080	$ 44,112,443	$ 67,860,619
Net Income	540,579							540,579	540,579
Unrealized Holding Gains On Securities Available For Sale, Net of Taxes	1,455,640						1,579,337		1,579,337
Reclassification Adjustment For Gains Included In Net Income, Net of Taxes							(123,697)		(123,697)
Comprehensive Income									1,996,219
Accretion Of Preferred Stock To Redemption Value	18,816	18,816						(18,816)
Stock Compensation Expense					8,281				8,281
Cash Dividends On Preferred								(225,000)	(225,000)
Cash Dividends On Common								(196,888)	(196,888)
Balance At End Of Period at Jun. 30, 2010		17,711,425	400,000	26,055	5,360,425	(4,330,712)	6,063,720	44,212,318	69,443,231
Redemption Of Mandatorily Redeemable Financial Instrument at Mar. 31, 2011	1,467,312
Balance At Start Of Period at Mar. 31, 2011		22,000,000	400,000	30,884	10,176,375	(4,330,712)	3,637,675	44,097,983	76,012,205
Net Income	461,047							461,047	461,047
Unrealized Holding Gains On Securities Available For Sale, Net of Taxes	2,707,501						2,813,659		2,813,659
Reclassification Adjustment For Gains Included In Net Income, Net of Taxes							(106,158)		(106,158)
Comprehensive Income									3,168,548
Redemption Of Mandatorily Redeemable Financial Instrument				565	1,416,747				1,417,312
Stock Compensation Expense								8,281	8,281
Cash Dividends On Preferred								(110,000)	(110,000)
Cash Dividends On Common								(235,520)	(235,520)
Balance At End Of Period at Jun. 30, 2011		$ 22,000,000	$ 400,000	$ 31,449	$ 11,593,122	$ (4,330,712)	$ 6,345,176	$ 44,221,791	$ 80,260,826