Security Federal Corp (SFDL) financial statements (2021 and earlier)

Company profile

Business Address 238 RICHLAND AVENUE NW
AIKEN, SC 29801
State of Incorp. SC
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments181313109810
Cash and cash equivalents181313109810
Total current assets:181313109810
Noncurrent Assets
Operating lease, right-of-use asset2 
Property, plant and equipment27272423212018
Intangible assets, net (including goodwill)1111111
Goodwill1111111
Total noncurrent assets:30282524222119
Other undisclosed assets1,124922875834781770796
TOTAL ASSETS:1,172963913869813800825
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt251324241517 
Total current liabilities:251324241517 
Noncurrent Liabilities
Long-term debt and lease obligation  2913  
Long-term debt, excluding current maturities  2913  
Total noncurrent liabilities:  2913  
Other undisclosed liabilities1,035858806759713692738
Total liabilities:1,060871832791742709738
Stockholders' equity
Stockholders' equity attributable to parent, including:112928178719187
Treasury stock, value(4)(4)(4)(4)(4)(4)(4)
Additional paid in capital18121212121212
Accumulated other comprehensive income (loss)134(0)3145
Retained earnings85797367625752
Other undisclosed stockholders' equity attributable to parent000002222
Total stockholders' equity:112928178719187
TOTAL LIABILITIES AND EQUITY:1,172963913869813800825

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues3127252524221
Revenue, net0001
Net investment income262523201918 
Financial services revenue544 
Cost of revenue(4)(0)(1)(0)(1) (0)
Provision for loan, lease, and other losses(4)(0)(1)
Financial services costs(0)(1) (0)
Gross profit:2727242523220
Operating expenses(30)(28)(26)(24)(23)(23)(23)
Other operating income, net1111115
Noninterest income, other operating income1111111
Other expenses      4
Operating income (loss):(2)0(1)111(18)
Nonoperating income5656555
Investment income, nonoperating5655444
Bank owned life insurance income1111101
Interest and debt expense(7)(8)(5)(4)(4)(4)(6)
Income (loss) from continuing operations before income taxes:(3)(2)(1)321(19)
Income tax expense(2)(2)(2)(2)(2)(2)(2)
Net income (loss):(5)(4)(2)10(1)(21)
Other undisclosed net income attributable to parent12121056727
Net income attributable to parent:7876666
Preferred stock dividends and other adjustments    1  
Other undisclosed net loss available to common stockholders, basic    (0)(0)(0)
Net income available to common stockholders, basic:7876665
Dilutive securities, effect on basic earnings per share 00000 
Net income available to common stockholders, diluted:7886665

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(5)(4)(2)10(1)(21)
Other comprehensive income (loss)84(4)2(3)(1)5
Comprehensive income (loss):41(6)2(3)(2)(16)
Other undisclosed comprehensive income, net of tax, attributable to parent12121056727
Comprehensive income, net of tax, attributable to parent:1612483511

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: