XML 36 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Balance Sheets (Unaudited) (USD $)
Mar. 31, 2015
Dec. 31, 2014
ASSETS:    
Cash And Cash Equivalents $ 8,461,858us-gaap_CashAndCashEquivalentsAtCarryingValue $ 10,192,702us-gaap_CashAndCashEquivalentsAtCarryingValue
Certificates Of Deposit With Other Banks 2,095,000us-gaap_CertificatesOfDepositAtCarryingValue 2,095,000us-gaap_CertificatesOfDepositAtCarryingValue
Investment And Mortgage-Backed Securities:    
Available For Sale: (Amortized Cost Of $432,951,620 And $430,241,854 At March 31, 2014 And December 31, 2013, Respectively) 434,502,629us-gaap_AvailableForSaleSecurities 429,700,540us-gaap_AvailableForSaleSecurities
Total Investments And Mortgage-Backed Securities 434,503,000us-gaap_Investments  
Loans Receivable, Net:    
Held For Sale 1,878,844us-gaap_LoansReceivableHeldForSaleNetNotPartOfDisposalGroup 1,864,999us-gaap_LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
Held For Investment: (Net Of Allowance Of $9,845,755 and $10,241,970 At March 31, 2014 And December 31, 2013, Respectively) 330,179,583us-gaap_LoansAndLeasesReceivableOther 338,009,496us-gaap_LoansAndLeasesReceivableOther
Total Loans Receivable, Net 332,058,427us-gaap_LoansReceivableNet 339,874,495us-gaap_LoansReceivableNet
Accrued Interest Receivable:    
Loans 1,029,658us-gaap_InterestReceivable 971,569us-gaap_InterestReceivable
Mortgage-Backed Securities 675,945us-gaap_OtherReceivables 682,585us-gaap_OtherReceivables
Investment Securities 1,331,054us-gaap_AccruedInvestmentIncomeReceivable 1,408,924us-gaap_AccruedInvestmentIncomeReceivable
Total Accrued Interest Receivable 3,036,657us-gaap_InterestReceivableAndOtherAssets 3,063,078us-gaap_InterestReceivableAndOtherAssets
Premises And Equipment, Net 18,608,102us-gaap_PropertyPlantAndEquipmentNet 18,233,226us-gaap_PropertyPlantAndEquipmentNet
Federal Home Loan Bank (FHLB) Stock, At Cost 2,196,100us-gaap_FederalHomeLoanBankStock 3,144,600us-gaap_FederalHomeLoanBankStock
Repossessed Assets Acquired In Settlement Of Loans 6,486,850us-gaap_OtherRealEstateAndForeclosedAssets 3,229,710us-gaap_OtherRealEstateAndForeclosedAssets
Bank Owned Life Insurance 11,237,044us-gaap_BankOwnedLifeInsurance 11,150,045us-gaap_BankOwnedLifeInsurance
Goodwill 1,199,754us-gaap_Goodwill 1,199,754us-gaap_Goodwill
Other Assets 3,250,342us-gaap_OtherAssets 3,480,676us-gaap_OtherAssets
Total Assets 823,132,763us-gaap_Assets 825,363,826us-gaap_Assets
Liabilities:    
Deposit Accounts 672,441,557us-gaap_Deposits 660,115,164us-gaap_Deposits
Advances From FHLB 34,200,000us-gaap_AdvancesFromFederalHomeLoanBanks 52,900,000us-gaap_AdvancesFromFederalHomeLoanBanks
Other Borrowings 10,340,157us-gaap_OtherBorrowings 8,523,348us-gaap_OtherBorrowings
Junior Subordinated Debentures 5,155,000us-gaap_JuniorSubordinatedNotes 5,155,000us-gaap_JuniorSubordinatedNotes
Advance Payments By Borrowers For Taxes And Insurance 414,167us-gaap_AdvancePaymentsByBorrowersForTaxesAndInsurance 266,352us-gaap_AdvancePaymentsByBorrowersForTaxesAndInsurance
Senior Convertible Debentures 6,084,000us-gaap_SeniorNotes 6,084,000us-gaap_SeniorNotes
Other Liabilities 5,621,054us-gaap_OtherLiabilities 4,884,577us-gaap_OtherLiabilities
Total Liabilities 734,255,935us-gaap_Liabilities 737,928,441us-gaap_Liabilities
Shareholders' Equity:    
Serial Preferred Stock, $.01 Par Value; Authorized 200,000 Shares; Issued And Outstanding, 22,000 Shares At March 31, 2014 And December 31, 2013, Respectively 22,000,000us-gaap_PreferredStockValueOutstanding 22,000,000us-gaap_PreferredStockValueOutstanding
Common Stock, $.01 Par Value; Authorized 5,000,000 Shares; Issued 3,144,934 Shares At March 31, 2014 And At December 31, 2013, Respectively 31,464us-gaap_CommonStockValueOutstanding 31,449us-gaap_CommonStockValueOutstanding
Additional Paid-In Capital 12,019,325us-gaap_AdditionalPaidInCapital 11,990,813us-gaap_AdditionalPaidInCapital
Treasury Stock, At Cost (200,933 Shares At March 31, 2014 And December 31, 2013, Respectively) (4,330,712)us-gaap_TreasuryStockValue (4,330,712)us-gaap_TreasuryStockValue
Nonvested Restricted Stock (25,358)sfdl_NonvestedRestrictedStock 0sfdl_NonvestedRestrictedStock
Accumulated Other Comprehensive Income 5,755,660us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 5,476,375us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Retained Earnings 53,426,449us-gaap_RetainedEarningsAccumulatedDeficit 52,267,460us-gaap_RetainedEarningsAccumulatedDeficit
Total Shareholders' Equity 88,876,828us-gaap_StockholdersEquity 87,435,385us-gaap_StockholdersEquity
Total Liabilities And Shareholders' Equity $ 823,132,763us-gaap_LiabilitiesAndStockholdersEquity $ 825,363,826us-gaap_LiabilitiesAndStockholdersEquity