X0306 4/A 2013-07-24 2014-03-19 0 0000818677 SECURITY FEDERAL CORP SFDL 0001220978 TOOLE GASPER L III P O BOX 810 AIKEN SC 29802 1 0 0 0 Common Stock, par value 0.01 per share 2013-07-24 4 P 0 300 12 A 34100 I By spouse Common Stock, par value 0.01 per share 2013-07-25 4 P 0 1200 12 A 35300 I By spouse Common Stock, par value 0.01 per share 2014-02-20 5 G 0 E 1600 0 D 33700 I By spouse This amendment is being made to reflect a gift of shares by the reporting person and an adjustment in the shares owned by the reporting person's spouse as set forth in footnote 3 below. Purchased through spouse's IRA. Reflects gift of 400 shares from reporting person to each of spouse's two adult children (a total of 800 shares) on December 23, 1999, which broker erroneously included in spouse's holdings. The shares gifted by reporting person on December 23, 1999 increased to 1,600 shares as a result of issuer's 2:1 stock split in 2000. Reflects gift of 800 shares (a total of 1,600 shares) to each of spouse's two adult children. /s/ Beverly S. Nettles, Attorney-in-Fact 2014-06-26