Exhibit 23-12.31.14

We consent to incorporation by reference in Registration Statement No. 333-31500, 333-102337 and 333-136813 on Form S-8 of Security Federal Corporation and Subsidiaries of our report dated March 19, 2015, relating to our audit of the consolidated financial statements, which appear in this Annual Report to Shareholders, which is incorporated in this Annual Report on Form 10-K of Security Federal Corporation and Subsidiaries for the year ended December 31, 2014.