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SECURITY FEDERAL CORP

For the period ended Sep 30, 2025. Filed Nov 10, 2025.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2025 · Filed Nov 10, 2025

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Extracted filing text, with the paragraph anchors used by the comparison.

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Table of Contents

PART I.FINANCIAL INFORMATION (UNAUDITED)PAGE NO.
Item 1.Financial Statements (unaudited):3
Consolidated Balance Sheets at September 30, 2025 and December 31, 20243
Consolidated Statements of Income for the Three and Nine Months Ended September 30, 2025 and 20244
Consolidated Statements of Comprehensive Income for the Three and Nine Months Ended September 30, 2025 and 20245
Consolidated Statements of Changes in Shareholders’ Equity for the Three and Nine Months Ended September 30, 2025 and 20246
Consolidated Statements of Cash Flows for the Nine Months Ended September 30, 2025 and 20247
Notes to Consolidated Financial Statements8
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations29
Item 3.Quantitative and Qualitative Disclosures about Market Risk38
Item 4.Controls and Procedures38
PART II.OTHER INFORMATION
Item 1.Legal Proceedings39
Item 1A.Risk Factors39
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds39
Item 3.Defaults Upon Senior Securities39
Item 4.Mine Safety Disclosures39
Item 5.Other Information39
Item 6.Exhibits40
Signatures41

SCHEDULES OMITTED

All schedules other than those indicated above are omitted because of the absence of the conditions under which they are required or because the information is included in the consolidated financial statements and related notes.

SECURITY FEDERAL CORPORATION AND SUBSIDIARIES

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.