Regulatory Matters (Tables)

3 Months Ended

Mar. 31, 2016

The Company and the Bank’s regulatory capital amounts and ratios were as follows at the dates indicated below:



	Actual				For Capital Adequacy				To Be Well Capitalized Under Prompt Corrective Action Provisions
	Amount		Ratio		Amount		Ratio		Amount		Ratio
	(Dollars in Thousands)
March 31, 2016
SECURITY FEDERAL CORP.
Tier 1 Risk-Based Core Capital (To Risk Weighted Assets)	$	86,503	21.9	%	$	23,719	6.0	%	N/A		N/A
Total Risk-Based Capital (To Risk Weighted Assets)	96,856		24.5	%	31,626		8.0	%	N/A		N/A
Common Equity Tier 1 Capital (To Risk Weighted Assets)	64,877		16.4	%	17,789		4.5	%	N/A		N/A
Tier 1 Leverage (Core) Capital (To Adjusted Tangible Assets)	86,503		10.8	%	31,952		4.0	%	N/A		N/A

SECURITY FEDERAL BANK
Tier 1 Risk-Based Core Capital (To Risk Weighted Assets)	$	88,043	22.3	%	$	23,702	6.0	%	$	31,602	8.0	%
Total Risk-Based Capital (To Risk Weighted Assets)	93,022		23.6	%	31,602		8.0	%	39,503		10.0	%
Common Equity Tier 1 Capital (To Risk Weighted Assets)	88,043		22.3	%	17,776		4.5	%	25,677		6.5	%
Tier 1 Leverage (Core) Capital (To Adjusted Tangible Assets)	88,043		11.0	%	31,942		4.0	%	39,927		5.0	%

December 31, 2015
SECURITY FEDERAL CORP.
Tier 1 Risk-Based Core Capital (To Risk Weighted Assets)	$	84,672	21.7	%	$	23,429	6.0	%	N/A		N/A
Total Risk-Based Capital (To Risk Weighted Assets)	95,429		24.4	%	31,239		8.0	%	N/A		N/A
Common Equity Tier 1 Capital (To Risk Weighted Assets)	63,504		16.3	%	17,572		4.5	%	N/A		N/A
Tier 1 Leverage (Core) Capital (To Adjusted Tangible Assets)	84,672		10.6	%	31,811		4.0	%	N/A		N/A

SECURITY FEDERAL BANK
Tier 1 Risk-Based Core Capital (To Risk Weighted Assets)	$	87,728	22.5	%	$	23,440	6.0	%	$	31,254	8.0	%
Total Risk-Based Capital (To Risk Weighted Assets)	92,653		23.7	%	31,254		8.0	%	39,067		10.0	%
Common Equity Tier 1 Capital (To Risk Weighted Assets)	87,728		22.5	%	17,580		4.5	%	25,394		6.5	%
Tier 1 Leverage (Core) Capital (To Adjusted Tangible Assets)	87,728		11.0	%	31,801		4.0	%	39,751		5.0	%