Exhibit 23

We consent to incorporation by reference in the Registration Statements on Form S-8 (No. 333-31500, 333-102337 and 333-136813) of our report dated March 20, 2013, relating to the consolidated balance sheet of Security Federal Corporation and subsidiaries as of December 31, 2012 and the related consolidated statements of income, comprehensive income, changes in shareholders’ equity and cash flows for the nine months then ended, which report appears in the December 31, 2012 Annual Report on Form 10-KT of Security Federal Corporation.