Security Federal Corporation Announces Increase in Quarterly and Year-To-Date Earnings

AIKEN, S.C., July 31, 2026 (GLOBE NEWSWIRE) -- Security Federal Corporation (the “Company”) (OTCID: SFDL), the holding company for Security Federal Bank (the “Bank”), today announced earnings and financial results for the three and six months ended June 30, 2026.

Net income available to common shareholders was $3.7 million, or $1.19 per common share, for the second quarter of 2026, an increase of $1.3 million, or 55.4% from the second quarter of 2025. The increase in net income was driven by higher net interest income (up $1.2 million, or 10.6%) and non-interest income (up $615,000, or 23.7%), which offset increased provision for credit losses (up $240,000, or 100.0%) and non-interest expense (up $181,000, or 1.7%).