XML 119 R102.htm IDEA: XBRL DOCUMENT v2.4.0.8
Security Federal Corporation Condensed Financial Statements (Parent Company Only) (Condensed Statements of Cash Flow Data) (Details) (USD $)
9 Months Ended 12 Months Ended
Dec. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Mar. 31, 2012
Operating Activities:        
Net Income $ 1,954,949 $ 3,791,162 $ 2,384,896 $ 1,795,375
Adjustments To Reconcile Net Income To Net Cash Used In Operating Activities:        
Stock Compensation Expense 4,472 (2,580)   33,123
Mandatorily Redeemable Financial Instrument Valuation Income 0 0   (50,000)
Net Cash Provided By Operating Activities 11,295,340 20,361,942   17,026,341
Investing Activities:        
Decrease In Loans Receivable 28,481,291 28,739,400   40,557,533
Net Cash Provided (Used) By Investing Activities 25,472,963 17,269,471   (2,531,898)
Financing Activities:        
Repayment Of Warrant Issued In Conjunction With Preferred Stock 0 (50,000)   0
Dividends Paid To Shareholders-Preferred Stock (330,000) (440,000)   (440,000)
Dividends Paid To Shareholders-Common Stock (706,560) (942,082)   (942,027)
Net Cash Used By Financing Activities (38,195,725) (37,905,592)   (12,998,709)
Net Increase (Decrease) In Cash (1,427,422) (274,179)   1,495,734
Cash And Cash Equivalents At Beginning Of Year 9,331,372 7,903,950   7,835,638
Cash And Cash Equivalents At End Of Year 7,903,950 7,629,771 7,903,950 9,331,372
Parent Company [Member]
       
Operating Activities:        
Net Income 1,954,949 3,791,162   1,795,375
Adjustments To Reconcile Net Income To Net Cash Used In Operating Activities:        
Equity In Earnings Of Security Federal Bank (2,229,630) (2,558,986)   (2,095,707)
Stock Compensation Expense 4,472 (2,580)   33,123
Mandatorily Redeemable Financial Instrument Valuation Income 0 0   (50,000)
(Increase) Decrease In Accounts Receivable And Other Assets 56,203 (15,248)   (32,154)
Increase (Decrease) In Accounts Payable (122,707) 132   (5,633)
Net Cash Provided By Operating Activities (336,713) 1,214,480   (354,996)
Investing Activities:        
Decrease In Loans Receivable 0 0   1,786,294
Net Cash Provided (Used) By Investing Activities 0 0   1,786,294
Financing Activities:        
Dividends Paid To Shareholders-Preferred Stock (330,000) (440,000)   (440,000)
Dividends Paid To Shareholders-Common Stock (706,560) (942,082)   (942,027)
Net Cash Used By Financing Activities (1,036,560) (1,432,082)   (1,382,027)
Net Increase (Decrease) In Cash (1,373,273) (217,602)   49,271
Cash And Cash Equivalents At Beginning Of Year 5,471,308 4,098,035   5,422,037
Cash And Cash Equivalents At End Of Year $ 4,098,035 $ 3,880,433 $ 4,098,035 $ 5,471,308