Security Federal Corporation and Subsidiaries Consolidated Balance Sheets (Unaudited) (USD $)	Jun. 30, 2012	Mar. 31, 2012
Assets:
Cash And Cash Equivalents	$ 10,653,208	$ 9,331,372
Certificates of Deposit with Other Banks	1,727,657	1,727,210
Investment And Mortgage-Backed Securities:
Available For Sale	358,337,230	353,954,857
Held To Maturity	65,089,398	67,676,210
Total Investment And Mortgage-Backed Securities	423,426,628	421,631,067
Loans Receivable, Net
Held For Sale	3,158,501	2,671,771
Held For Investment	409,908,394	425,838,835
Total Loans Receivable, Net	413,066,895	428,510,606
Accrued Interest Receivable:
Loans	1,422,592	1,718,252
Mortgage-Backed Securities	953,180	987,911
Investments	1,038,772	793,655
Premises And Equipment, Net	18,423,662	18,726,299
Federal Home Loan Bank ("FHLB") Stock, At Cost	6,928,496	8,471,100
Bank Owned Life Insurance	10,941,305	10,836,305
Repossessed Assets Acquired In Settlement Of Loans	13,745,651	14,160,099
Intangible Assets, Net	86,976	99,477
Goodwill	1,199,754	1,199,754
Other Assets	6,496,787	6,443,501
Total Assets	910,111,563	924,636,608
Liabilities:
Deposit Accounts	694,519,674	696,201,056
Advances From FHLB	108,165,616	122,069,802
Other Borrowed Money	10,022,895	9,801,386
Advance Payments By Borrowers For Taxes And Insurance	487,150	350,464
Junior Subordinated Debentures	5,155,000	5,155,000
Senior Convertible Debentures	6,084,000	6,084,000
Other Liabilities	3,940,053	4,203,014
Total Liabilities	828,374,388	843,864,722
Shareholders' Equity:
Serial Preferred Stock, $.01 Par Value	22,000,000	22,000,000
Common Stock, $.01 Par Value	31,449	31,449
Warrant Issued In Conjunction With Serial Preferred Stock	400,000	400,000
Additional Paid-In Capital	11,634,526	11,626,245
Treasury Stock, at Cost	(4,330,712)	(4,330,712)
Accumulated Other Comprehensive Income	7,105,373	6,533,573
Retained Earnings, Substantially Restricted	44,896,539	44,511,331
Total Shareholders' Equity	81,737,175	80,771,886
Total Liabilities And Shareholders' Equity	$ 910,111,563	$ 924,636,608