Security Federal Corporation

OTCPK:SFDL Stock Report

Market Cap: US$89.5m

Security Federal Balance Sheet Health

Financial Health criteria checks 6/6

Security Federal has total assets of $1.6B and total equity of $185.1M. Total deposits are $1.3B, and total loans are $685.1M. It earns a Net Interest Margin of 2.9%. It has sufficient allowance for bad loans, which are currently at 1% of total loans. Cash and short-term investments are $134.7M.

Key information

8.5x

Asset to equity ratio

2.9%

Net interest margin

Total deposits

US$1.26b

Loan to deposit ratio

Appropriate

Bad loans

1.0%

Allowance for bad loans

Sufficient

Current ratio

Low

Cash & equivalents

US$134.73m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: SFDL's Assets to Equity ratio (8.5x) is low.

Allowance for Bad Loans: SFDL has a sufficient allowance for bad loans (201%).

Low Risk Liabilities: 90% of SFDL's liabilities are made up of primarily low risk sources of funding.

Loan Level: SFDL has an appropriate level of Loans to Assets ratio (43%).

Low Risk Deposits: SFDL's Loans to Deposits ratio (54%) is appropriate.

Level of Bad Loans: SFDL has an appropriate level of bad loans (1%).


Discover healthy companies