Security Federal Corporation and Subsidiaries Consolidated Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended
	Dec. 31, 2011	Dec. 31, 2010
Cash Flows From Operating Activities:
Net Income	$ 1,365,428	$ 1,452,309
Adjustments To Reconcile Net Income To Net Cash Provided By Operating Activities:
Depreciation Expense	1,118,336	1,173,023
Amortization of Intangible Assets	47,522	67,500
Stock Option Compensation Expense	24,842	24,843
Discount Accretion And Premium Amortization	3,816,323	2,547,909
Provisions For Losses On Loans And Real Estate	6,700,000	5,950,000
Writedown on Repossessed Assets Acquired In Settlement Of Loans	408,920	621,496
Mandatorily Redeemable Financial Instrument Valuation Income	(50,000)	(5,000)
Gain On Sale Of Mortgage-Backed Securities Available For Sale	(1,046,505)	(1,038,435)
Gain On Sale Of Investment Securities Available For Sale	(718,789)	(149,946)
Gain On Sale Of Loans	(391,810)	(1,180,870)
(Gain) Loss On Sale Of Repossessed Assets Acquired In Settlement of Loans	(15,056)	228,447
Amortization Of Deferred Fees On Loans	(15,820)	(18,405)
Income From Bank Owned Life Insurance	(315,000)	(305,000)
Proceeds From Sale Of Loans Held For Sale	30,048,576	63,318,003
Origination Of Loans For Sale	(30,121,623)	(72,475,733)
Increase In Accrued Interest Receivable:
Loans	(101,050)	(14,964)
Mortgage-Backed Securities	(20,900)	94,285
Investments	(151,662)	(221,145)
Decrease In Advance Payments By Borrowers	(166,478)	(106,419)
Other, Net	128,569	825,513
Net Cash Provided By Operating Activities	10,543,823	787,411
Cash Flows From Investing Activities:
Principal Repayments On Mortgage-Backed Securities Held To Maturity	893,501	3,018,518
Principal Repayments On Mortgage-Backed Securities Available For Sale	35,966,227	44,906,395
Purchase Of Investment Securities Available For Sale	(49,104,238)	(72,633,466)
Purchase Of Mortgage-Backed Securities Available For Sale	(70,106,910)	(72,675,609)
Purchase of Investment Securities Held To Maturity	(9,992,239)
Purchase Of Mortgage-Backed Securities Held To Maturity	(21,849,284)
Maturities Of Investment Securities Available For Sale	20,502,013	26,631,467
Maturities of Investment Securities Held To Maturity	5,358,428	1,388,855
Proceeds From Sale of Mortgage-Backed Securities Available For Sale	42,723,935	38,291,203
Proceeds From Sale of Investment Securities Available For Sale	22,061,479	5,442,103
Investment In Certificates Of Deposits With Other Banks	(1,625,000)
Redemption Of FHLB Stock	2,830,728	1,356,915
Purchase Of FHLB Stock	(34,343)
Decrease In Loans To Customers	29,380,699	42,031,986
Proceeds From Sale Of Repossessed Assets	3,450,917	6,196,196
Purchase And Improvement Of Premises And Equipment	(412,083)	(625,162)
Net Cash Provided By Investing Activities	10,043,830	23,329,401
Cash Flows From Financing Activities:
Decrease In Deposit Accounts	(626,126)	(4,957,845)
Proceeds From FHLB Advances	80,701,383	113,120,000
Repayment Of FHLB Advances	(98,263,754)	(139,233,462)
Net Repayment Of Other Borrowings	(1,400,742)	(835,410)
Proceeds From Issuance of Preferred Stock		22,000,000
Proceeds From Issuance of Common Stock		4,829,060
Redemption Of Preferred Stock		(18,000,000)
Dividends To Preferred Shareholders	(330,000)	(616,222)
Dividends To Common Shareholders	(706,508)	(622,663)
Net Cash Used By Financing Activities	(20,625,747)	(24,316,542)
Net Decrease In Cash And Cash Equivalents	(38,094)	(199,730)
Cash And Cash Equivalents At Beginning Of Period	7,835,638	8,804,645
Cash And Cash Equivalents At End Of Period	7,797,544	8,604,915
Supplemental Disclosure Of Cash Flows Information:
Cash Paid During The Period For Interest	9,790,427	12,925,718
Cash Paid During The Period For Income Taxes	1,616,016	19,432
Additions To Repossessed Assets Acquired Through Foreclosure	$ 3,071,304	$ 11,250,853