Security Federal Bank

Aiken, SC
IDRSSD: 763677
Total Assets
$1.55B
Latest filing
Total Deposits
$1.37B
Latest filing
Net Interest Margin
3.20%
Profitability

Locations

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Main Office
Security Federal Bank
238 Richland Ave W
Aiken, SC 29801
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1922FDIC Certificate 43934

Branches (18)

Page 1 of 3
NameAddressCity / State
Security Federal Bank (Main)238 Richland Ave WAiken, SC
GRANITEVILLE BRANCH50 Canal StGraniteville, SC
CLEARWATER BRANCH4568 Jefferson Davis HwyClearwater, SC
LANGLEY BRANCH2812 Augusta StreetLangley, SC
WAGENER BRANCH118 Main St NWagener, SC
313 MARTINTOWNE RD BRANCH313 E Martintown RdNorth Augusta, SC
1665 RICHLAND AVENUE BRANCH1665 Richland AveAiken, SC
SOUTHSIDE BRANCH2587 Whiskey RdAiken, SC
Showing 7 of 18

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/01/1922
Community BankYes
Ownership TypeNot Mutual
ZIP29801
State and County Number45003
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number05
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictAtlanta
Core Based Statistical Area NameAugusta-Richmond County, GA-SC

Operational Info

Number of Employees255
Domestic Offices19
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance08/09/1989
Primary Insurance AgencyDIF
Websitewww.securityfederalbank.com
Data Updated11/14/2025
CERT31100
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.55B
Total Deposits$1.37B
Total Liabilities$1.41B
Total Equity Capital$138.87M
Net Income$3.12M
Net Loans and Leases$678.11M
Assets Per Employee ($Millions)$6.16M
Bank Premises and Fixed Assets$34.12M
Cash and Balances due from Depository Institutions$37.54M
Deposits Held in Domestic Offices$1.37B

Key Performance Ratios

Return on Assets (ROA)0.8%
Return on Equity (ROE)8.94%
Net Interest Margin3.2%
Efficiency Ratio73.77%
Tier 1 Risk-Based Capital Ratio18.67%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets-0.05%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.98%
Earning Assets to total Assets92.79%

Income and Expense

Total Interest Income$19.39M
Total Noninterest Income$2.80M
Total Interest Expense$7.84M
Total Noninterest Expense$10.58M
Net Interest Income$11.55M
Pre-tax Net Operating Income$3.96M
Provision for Credit Losses$-200,000
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$748.00k
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$23.89M
All Other Liabilities$10.26M
Total Liabilities and Capital$1.55B

Securities

Securities$739.49M
Available-for-sale debt securities$646.02M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$93.47M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Security Federal Bank?
$1.55B as of the latest filing.
How much are Security Federal Bank's total deposits?
$1.37B in total deposits.
Where is Security Federal Bank located?
Aiken, SC.
What is the Net Interest Margin?
3.20%.
How many domestic offices does it operate?
19.
When was it established?
01/01/1922.
What is the Return on Assets (ROA)?
0.8%.
How much are total loans and leases?
$678.11M (latest filing).
What is the total interest income (latest filing)?
$19.39M.