Regulatory Matters (Tables)

9 Months Ended

Sep. 30, 2013

Banking and Thrift [Abstract]

Regulatory capital amounts and ratios

The Company and the Bank’s regulatory capital amounts and ratios are as follows as of the dates indicated:

	Actual				For Capital Adequacy				To Be Well Capitalized Under Prompt Corrective Action Provisions
	Amount		Ratio		Amount		Ratio		Amount		Ratio
	(Dollars in Thousands)
September 30, 2013
SECURITY FEDERAL CORP.
Tier 1 Risk-Based Core Capital (To Risk Weighted Assets)	$	69,223	17.4	%	$	15,956	4.0	%	N/A		N/A
Total Risk-Based Capital (To Risk Weighted Assets)	83,475		20.9	%	31,913		8.0	%	N/A		N/A
Tier 1 Leverage (Core) Capital (To Adjusted Tangible Assets)	69,223		8.1	%	34,371		4.0	%	N/A		N/A
SECURITY FEDERAL BANK
Tier 1 Risk-Based Core Capital (To Risk Weighted Assets)	$	80,916	20.3	%	$	15,946	4.0	%	$	23,919	6.0	%
Total Risk-Based Capital (To Risk Weighted Assets)	85,969		21.6	%	31,892		8.0	%	39,865		10.0	%
Tier 1 Leverage (Core) Capital (To Adjusted Tangible Assets)	80,916		9.5	%	34,232		4.0	%	42,790		5.0	%
December 31, 2012
SECURITY FEDERAL CORP.
Tier 1 Risk-Based Core Capital (To Risk Weighted Assets)	$	68,639	16.5	%	$	16,619	4.0	%	N/A		N/A
Total Risk-Based Capital (To Risk Weighted Assets)	84,148		20.3	%	33,237		8.0	%	N/A		N/A
Tier 1 Leverage (Core) Capital (To Adjusted Tangible Assets)	68,639		7.7	%	35,552		4.0	%	N/A		N/A
SECURITY FEDERAL BANK
Tier 1 Risk-Based Core Capital (To Risk Weighted Assets)	$	80,822	19.5	%	$	16,606	4.0	%	$	24,909	6.0	%
Total Risk-Based Capital (To Risk Weighted Assets)	86,012		20.7	%	33,212		8.0	%	41,515		10.0	%
Tier 1 Leverage (Core) Capital (To Adjusted Tangible Assets)	80,822		9.1	%	35,541		4.0	%	44,426		5.0	%