Security Federal Corporation and Subsidiaries Consolidated Balance Sheets (Unaudited) (USD $)	Dec. 31, 2011	Mar. 31, 2011
Assets:
Cash And Cash Equivalents	$ 7,797,544	$ 7,835,638
Certificates of Deposit with Other Banks	1,726,765	100,432
Investment And Mortgage-Backed Securities:
Available For Sale	339,861,638	339,252,790
Held To Maturity	58,532,168	33,165,125
Total Investment And Mortgage-Backed Securities	398,393,806	372,417,915
Loans Receivable, Net
Held For Sale	5,631,091	5,166,234
Held For Investment	440,168,199	479,304,382
Total Loans Receivable, Net	445,799,290	484,470,616
Accrued Interest Receivable:
Loans	1,843,331	1,742,281
Mortgage-Backed Securities	965,567	944,667
Investments	1,039,626	889,297
Premises And Equipment, Net	19,094,363	19,800,616
Federal Home Loan Bank Stock ("FHLB"), At Cost	8,471,100	11,267,485
Bank Owned Life Insurance	10,731,305	10,416,305
Repossessed Assets Acquired In Settlement Of Loans	13,660,376	14,433,853
Intangible Assets, Net	111,978	159,500
Goodwill	1,199,754	1,199,754
Prepaid Federal Deposit Insurance Corporation ("FDIC") Premium	2,328,076	2,815,328
Other Assets	3,424,273	5,050,362
Total Assets	916,587,154	933,544,049
Liabilities:
Deposit Accounts	689,730,988	690,357,114
Advances From FHLB	120,573,967	138,136,338
Other Borrowed Money	9,794,732	11,195,474
Advance Payments By Borrowers For Taxes And Insurance	215,010	381,488
Mandatorily Redeemable Financial Instrument		1,467,312
Junior Subordinated Debentures	5,155,000	5,155,000
Senior Convertible Debentures	6,084,000	6,084,000
Other Liabilities	4,471,576	4,755,118
Total Liabilities	836,025,273	857,531,844
Shareholders' Equity:
Serial Preferred Stock, $.01 Par Value	22,000,000	22,000,000
Common Stock, $.01 Par Value	31,449	30,884
Warrant Issued In Conjunction With Serial Preferred Stock	400,000	400,000
Additional Paid-In Capital	11,593,122	10,176,375
Treasury Stock, at Cost	(4,330,712)	(4,330,712)
Accumulated Other Comprehensive Income	6,416,277	3,637,675
Retained Earnings, Substantially Restricted	44,451,745	44,097,983
Total Shareholders' Equity	80,561,881	76,012,205
Total Liabilities And Shareholders' Equity	$ 916,587,154	$ 933,544,049