Security Federal Corporation and Subsidiaries Consolidated Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Cash Flows From Operating Activities:
Net Income	$ 1,400,518	$ 879,500
Adjustments To Reconcile Net Income To Net Cash Provided By Operating Activities:
Depreciation And Amortization Expense	705,101	742,501
Writedown On Repossessed Assets Acquired In Settlement of Loans	1,706,500	128,920
Amortization of Intangible Assets	25,002	22,520
Stock Option Compensation Expense	16,562	16,562
Discount Accretion And Premium Amortization, Net	3,691,308	2,392,322
Provisions For Losses On Loans	1,025,000	4,600,000
Mandatorily Redeemable Financial Instrument Valuation		(50,000)
Income From Bank Owned Life Insurance	(210,000)	(210,000)
Gain On Sale Of Mortgage-Backed Securities Available For Sale	(388,766)	(421,763)
Gain On Sale Of Investment Securities Available For Sale	428,000	556,000
Gain On Sales Of Loans	(310,476)	(229,684)
Gain On Sales Of Repossessed Assets Acquired in Settlement Of Loans	(18,075)	(74,545)
Amortization Of Deferred Fees On Loans	(5,189)	(11,881)
Proceeds From Sale Of Loans Held For Sale	14,286,740	20,715,877
Origination Of Loans Held For Sale	(15,474,226)	(19,283,876)
(Increase) Decrease In Accrued Interest Receivable:
Loans	370,026	(59,042)
Mortgage-Backed Securities	33,852	2,492
Investments	(134,705)	44,086
(Decrease) Increase In Advance Payments By Borrowers	224,286	213,699
Other, Net	229,785	(219,950)
Net Cash Provided By Operating Activities	7,133,515	9,063,248
Cash Flows From Investing Activities:
Principal Repayments On Mortgage-Backed Securities Held To Maturity	766,587	619,241
Principal Repayments On Mortgage-Backed Securities Available For Sale	27,473,043	23,419,609
Purchase Of Investment Securities Available For Sale	(24,619,640)	(28,038,478)
Purchase Of Mortgage-Backed Securities Available For Sale	(43,254,071)	(36,526,360)
Purchase of Investment Securities Held To Maturity	(3,679,337)	(5,999,739)
Purchase Of Mortgage-Backed Securities Held To Maturity	(7,538,727)	(15,261,891)
Maturities Of Investment Securities Available For Sale	10,806,538	15,052,221
Maturities of Investment Securities Held To Maturity	8,794,373	4,358,428
Proceeds From Sale of Mortgage-Backed Securities Available For Sale	21,047,796	24,481,906
Proceeds From Sale of Investment Securities Available For Sale	23,400,000	34,200,000
Purchase Of FHLB Stock	(284,687)	(34,343)
Redemption Of FHLB Stock	2,288,787	1,909,528
Decrease In Loans To Customers	24,727,743	16,562,408
Proceeds From Sale Of Repossessed Assets	2,650,507	3,083,986
Purchase And Improvement Of Premises And Equipment	(71,418)	(138,587)
Net Cash Provided By Investing Activities	21,467,356	13,162,460
Cash Flows From Financing Activities:
Increase (Decrease) In Deposit Accounts	(9,012,507)	(7,677,906)
Proceeds From FHLB Advances	28,900,000	63,000,000
Repayment Of FHLB Advances	(42,808,393)	(73,758,227)
Net Proceeds (Repayments) Of Other Borrowings	87,874	(205,534)
Dividends To Preferred Shareholders	(220,000)	(220,000)
Dividends To Common Shareholders	(471,040)	(470,988)
Net Cash Used By Financing Activities	(23,524,066)	(19,332,655)
Net Increase (Decrease) In Cash And Cash Equivalents	5,076,805	2,893,053
Cash And Cash Equivalents At Beginning Of Period	9,331,372	7,835,638
Cash And Cash Equivalents At End Of Period	14,408,177	10,728,691
Supplemental Disclosure Of Cash Flows Information:
Cash Paid During The Period For Interest	5,233,582	6,712,526
Cash Paid During The Period For Income Taxes	96,656	971,856
Additions To Repossessed Assets Acquired In Settlement of Loans	$ 1,211,553	$ 2,564,423