Security Federal Corporation and Subsidiaries Consolidated Balance Sheets (Unaudited) (USD $)	Sep. 30, 2012	Mar. 31, 2012
Assets:
Cash And Cash Equivalents	$ 14,408,177	$ 9,331,372
Certificates of Deposit with Other Banks	1,728,111	1,727,210
Investment And Mortgage-Backed Securities:
Available For Sale	359,820,610	353,954,857
Held To Maturity	69,033,012	67,676,210
Total Investment And Mortgage-Backed Securities	428,853,622	421,631,067
Loans Receivable, Net
Held For Sale	4,169,733	2,671,771
Held For Investment	398,879,728	425,838,835
Total Loans Receivable, Net	403,049,461	428,510,606
Accrued Interest Receivable:
Loans	1,348,226	1,718,252
Mortgage-Backed Securities	954,059	987,911
Investments	927,459	793,655
Premises And Equipment, Net	18,092,616	18,726,299
Federal Home Loan Bank ("FHLB") Stock, At Cost	6,467,000	8,471,100
Bank Owned Life Insurance	11,046,305	10,836,305
Repossessed Assets Acquired In Settlement Of Loans	11,032,720	14,160,099
Intangible Assets, Net	74,475	99,477
Goodwill	1,199,754	1,199,754
Other Assets	5,053,519	6,443,501
Total Assets	904,235,504	924,636,608
Liabilities:
Deposit Accounts	687,188,549	696,201,056
Advances From FHLB	108,161,409	122,069,802
Other Borrowed Money	9,889,260	9,801,386
Advance Payments By Borrowers For Taxes And Insurance	574,750	350,464
Junior Subordinated Debentures	5,155,000	5,155,000
Senior Convertible Debentures	6,084,000	6,084,000
Other Liabilities	4,045,642	4,203,014
Total Liabilities	821,098,610	843,864,722
Shareholders' Equity:
Serial Preferred Stock, $.01 Par Value	22,000,000	22,000,000
Common Stock, $.01 Par Value	31,449	31,449
Warrant Issued In Conjunction With Serial Preferred Stock	400,000	400,000
Additional Paid-In Capital	11,626,245	11,626,245
Treasury Stock, at Cost	(4,330,712)	(4,330,712)
Accumulated Other Comprehensive Income	8,172,541	6,533,573
Retained Earnings, Substantially Restricted	45,237,371	44,511,331
Total Shareholders' Equity	83,136,894	80,771,886
Total Liabilities And Shareholders' Equity	$ 904,235,504	$ 924,636,608