Security Federal Corporation and Subsidiaries Consolidated Statements of Shareholders' Equity and Comprehensive Income (Unaudited) (USD $)	Preferred Stock	Warrants	Common Stock	Additional Paid-In Capital	Treasury Stock	Accumulated Other Comprehensive Income	Retained Earnings	Total Stockholder's Equity
Balances At Beginning 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							1,452,309	1,452,309
Other Comprehensive Income, Net of Tax:
Unrealized Holding Gains On Securities Available For Sale, Net of Taxes						220,249		220,249
Reclassification Adjustment For Gains Included In Net Income, Net of Taxes						(736,796)		(736,796)
Comprehensive Income								935,762
Common Stock Issuance			4,829	4,824,231				4,829,060
Preferred Stock Issuance	22,000,000							22,000,000
Preferred Stock Redemption	(17,711,425)						(288,575)	(18,000,000)
Accretion Of Preferred Stock To Redemption Value	18,816						(18,816)
Stock Compensation Expense				24,843				24,843
Cash Dividends On Preferred							(616,222)	(616,222)
Cash Dividends On Common							(622,663)	(622,663)
Balances At End Of Period at Dec. 31, 2010	22,000,000	400,000	30,884	10,201,218	(4,330,712)	4,091,533	44,018,476	76,411,399
Balances At Beginning 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							1,365,428	1,365,428
Other Comprehensive Income, Net of Tax:
Unrealized Holding Gains On Securities Available For Sale, Net of Taxes						3,873,084		3,873,084
Reclassification Adjustment For Gains Included In Net Income, Net of Taxes						(1,094,482)		(1,094,482)
Comprehensive Income								4,144,030
Redemption Of Mandatorily Redeemable Financial Instrument			565	1,416,747				1,417,312
Stock Compensation Expense							24,842	24,842
Cash Dividends On Preferred							(330,000)	(330,000)
Cash Dividends On Common							(706,508)	(706,508)
Balances At End Of Period at Dec. 31, 2011	$ 22,000,000	$ 400,000	$ 31,449	$ 11,593,122	$ (4,330,712)	$ 6,416,277	$ 44,451,745	$ 80,561,881