XML 50 R97.htm IDEA: XBRL DOCUMENT v2.4.1.9
Security Federal Corporation Condensed Financial Statements (Parent Company Only) (Condensed Statements of Income Data) (Details) (USD $)
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Income:                            
Cash Dividends Paid to Parent Company                     $ 0us-gaap_CashDividendsPaidToParentCompany $ 2,400,000us-gaap_CashDividendsPaidToParentCompany $ 1,600,000us-gaap_CashDividendsPaidToParentCompany  
Interest Income 7,263,000us-gaap_InterestAndDividendIncomeOperating 7,389,000us-gaap_InterestAndDividendIncomeOperating   7,193,000us-gaap_InterestAndDividendIncomeOperating 7,357,000us-gaap_InterestAndDividendIncomeOperating 7,706,000us-gaap_InterestAndDividendIncomeOperating 7,680,000us-gaap_InterestAndDividendIncomeOperating 7,704,000us-gaap_InterestAndDividendIncomeOperating 22,288,689us-gaap_InterestAndDividendIncomeOperating 22,743,098us-gaap_InterestAndDividendIncomeOperating 24,791,224us-gaap_InterestAndDividendIncomeOperating 29,482,164us-gaap_InterestAndDividendIncomeOperating 30,447,367us-gaap_InterestAndDividendIncomeOperating 33,742,799us-gaap_InterestAndDividendIncomeOperating
Miscellaneous Income 1,808,000us-gaap_NoninterestIncome 1,486,000us-gaap_NoninterestIncome   1,536,000us-gaap_NoninterestIncome 1,470,000us-gaap_NoninterestIncome 1,738,000us-gaap_NoninterestIncome 1,743,000us-gaap_NoninterestIncome 1,945,000us-gaap_NoninterestIncome 4,626,384us-gaap_NoninterestIncome 4,950,822us-gaap_NoninterestIncome 4,364,854us-gaap_NoninterestIncome 6,162,783us-gaap_NoninterestIncome 6,895,804us-gaap_NoninterestIncome 5,979,341us-gaap_NoninterestIncome
Expenses:                            
Interest Expense 1,370,000us-gaap_InterestExpense 1,385,000us-gaap_InterestExpense   1,550,000us-gaap_InterestExpense 1,664,000us-gaap_InterestExpense 1,796,000us-gaap_InterestExpense 1,959,000us-gaap_InterestExpense 2,114,000us-gaap_InterestExpense 4,262,965us-gaap_InterestExpense 5,419,314us-gaap_InterestExpense 7,459,816us-gaap_InterestExpense 5,813,056us-gaap_InterestExpense 7,532,936us-gaap_InterestExpense 10,273,737us-gaap_InterestExpense
Other Expenses                     2,713,044us-gaap_OtherExpenses 4,390,766us-gaap_OtherExpenses 4,177,210us-gaap_OtherExpenses  
Income Before Income Taxes 1,849,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic 2,467,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic 2,045,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic 1,753,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic 1,699,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic 1,383,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic 1,172,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic 877,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic 6,360,804us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic 4,254,182us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic 2,658,708us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic 8,113,908us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic 5,131,546us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic 3,335,980us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
Income Tax Benefit 528,000us-gaap_IncomeTaxExpenseBenefit 756,000us-gaap_IncomeTaxExpenseBenefit   451,000us-gaap_IncomeTaxExpenseBenefit 480,000us-gaap_IncomeTaxExpenseBenefit 361,000us-gaap_IncomeTaxExpenseBenefit 293,000us-gaap_IncomeTaxExpenseBenefit 206,000us-gaap_IncomeTaxExpenseBenefit 1,852,584us-gaap_IncomeTaxExpenseBenefit 1,134,389us-gaap_IncomeTaxExpenseBenefit 703,759us-gaap_IncomeTaxExpenseBenefit 2,303,168us-gaap_IncomeTaxExpenseBenefit 1,340,384us-gaap_IncomeTaxExpenseBenefit 951,084us-gaap_IncomeTaxExpenseBenefit
Net Income 1,321,000us-gaap_NetIncomeLoss 1,711,000us-gaap_NetIncomeLoss 1,477,000us-gaap_NetIncomeLoss 1,302,000us-gaap_NetIncomeLoss 1,219,000us-gaap_NetIncomeLoss 1,022,000us-gaap_NetIncomeLoss 879,000us-gaap_NetIncomeLoss 671,000us-gaap_NetIncomeLoss 4,508,220us-gaap_NetIncomeLoss 3,119,793us-gaap_NetIncomeLoss 1,954,949us-gaap_NetIncomeLoss 5,810,740us-gaap_NetIncomeLoss 3,791,162us-gaap_NetIncomeLoss 2,384,896us-gaap_NetIncomeLoss
Preferred Stock Dividends 110,000us-gaap_DividendsPreferredStock 110,000us-gaap_DividendsPreferredStock 110,000us-gaap_DividendsPreferredStock 110,000us-gaap_DividendsPreferredStock 110,000us-gaap_DividendsPreferredStock 110,000us-gaap_DividendsPreferredStock 110,000us-gaap_DividendsPreferredStock 110,000us-gaap_DividendsPreferredStock 330,000us-gaap_DividendsPreferredStock 330,000us-gaap_DividendsPreferredStock 330,000us-gaap_DividendsPreferredStock 440,000us-gaap_DividendsPreferredStock 440,000us-gaap_DividendsPreferredStock 440,000us-gaap_DividendsPreferredStock
Net Income Available To Common Shareholders 1,211,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 1,601,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 1,367,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 1,192,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 1,109,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 912,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 769,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 561,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 4,178,220us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 2,789,793us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 1,624,949us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 5,370,740us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 3,351,162us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 1,944,896us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Parent Company [Member]                            
Income:                            
Equity In Earnings Of Security Federal Bank                     2,229,630us-gaap_IncomeLossFromSubsidiariesBeforeTax
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
3,779,212us-gaap_IncomeLossFromSubsidiariesBeforeTax
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
2,558,986us-gaap_IncomeLossFromSubsidiariesBeforeTax
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
 
Interest Income                     22,941us-gaap_InterestAndDividendIncomeOperating
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
0us-gaap_InterestAndDividendIncomeOperating
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
0us-gaap_InterestAndDividendIncomeOperating
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
 
Miscellaneous Income                     0us-gaap_NoninterestIncome
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
12,937us-gaap_NoninterestIncome
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
15,771us-gaap_NoninterestIncome
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
 
Total Income                     2,252,571sfdl_InterestIncomeNoninterestIncomeAndEquityInEarningsOfSubsidiary
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
6,192,149sfdl_InterestIncomeNoninterestIncomeAndEquityInEarningsOfSubsidiary
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
4,174,757sfdl_InterestIncomeNoninterestIncomeAndEquityInEarningsOfSubsidiary
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
 
Expenses:                            
Interest Expense                     449,049us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
587,859us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
589,988us-gaap_InterestExpense
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
 
Other Expenses                     16,814us-gaap_OtherExpenses
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
19,382us-gaap_OtherExpenses
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
18,223us-gaap_OtherExpenses
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
 
Total Expenses                     465,863us-gaap_CostsAndExpenses
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
607,241us-gaap_CostsAndExpenses
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
608,211us-gaap_CostsAndExpenses
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
 
Income Before Income Taxes                     1,786,708us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
5,584,908us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
3,566,546us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
 
Income Tax Benefit                     (168,241)us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(225,832)us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(224,616)us-gaap_IncomeTaxExpenseBenefit
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
 
Net Income                     1,954,949us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
5,810,740us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
3,791,162us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
 
Preferred Stock Dividends                     330,000us-gaap_DividendsPreferredStock
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
440,000us-gaap_DividendsPreferredStock
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
440,000us-gaap_DividendsPreferredStock
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
 
Net Income Available To Common Shareholders                     $ 1,624,949us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
$ 5,370,740us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
$ 3,351,162us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember