PackageTrendsPeer
Letter portraitLegal landscape

Security Federal Bank

Aiken, SC · Cert 31100 · Security Federal Corp.

State charter, non-member · FDIC · 19 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B in assets3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks $1B-$10B in assets (n=322 to 328). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

74

Q2 2024Q2 2026peer median (50)

Asset Quality

40

Q2 2024Q2 2026peer median (50)

Profitability

25

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

19

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Security Federal Bank

Aiken, SC · Cert 31100 · Security Federal Corp.

State charter, non-member · FDIC · 19 branches

Q2 2026

$1.5BAssets
$691.4MLoans
$1.4BDeposits
$151.3MEquity
Loan mix
91%RE $622.9M5%C&I $35.5M3%Consumer $22.7MQ2 2025Q2 2026
Deposit mix
80%Interest-bearing $1.1B20%Noninterest $0.3BQ2 2025Q2 2026

NIM

4.82%Q2 ’244.78%Q2 ’254.64%Q2 ’26+5%+9%

Non-interest income vs. expense

2.54%Q2 ’242.48%Q2 ’252.62%Q2 ’26+1%-2%

Market Position · Augusta-Richmond County, GA-SC · 2026 SOD (annual) · 8.8% share · #5 of 25 inst. · $1.1B of $12.9B

26.2% Aiken
1.7% Lexington
3.1% Columbia
0.4% Richland

Executive Summary

  • Earnings: ROA of 0.86%, up 22 bps year over year; NIM at 3.03%.
  • Asset quality: problem loans at 0.85% of loans (0 bps YoY), with net charge-offs at 0.06%.
  • Capital: tier 1 leverage ratio of 10.83%, up 29 bps from a year ago.
  • Funding: loans stand at 50.78% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.86%+22 bps YoY

Net Interest Margin (YTD, annualized)

3.03%+26 bps YoY

Efficiency Ratio (YTD, annualized)

70.44%-491 bps YoY

Tier 1 Leverage Ratio

10.83%+29 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.65%0.70%0.72%0.79%0.86%+22 bps
Return on Equity7.40%7.96%8.04%8.39%9.08%+168 bps
Net Interest Margin2.77%2.79%2.81%2.99%3.03%+26 bps
Efficiency Ratio75.35%74.78%74.75%71.77%70.44%-491 bps
Non-Interest Burden1.95%1.94%1.95%1.96%1.92%-3 bps
Growth
Asset Growth (YoY)5.36%2.30%0.36%2.82%-1.21%-657 bps
Loan Growth (YoY)5.03%-1.23%-1.62%-3.24%-1.47%-650 bps
Deposit Growth (YoY)9.89%7.26%3.34%2.11%-1.70%-1,159 bps
Asset Quality
Nonperforming Loans / Loans0.85%0.81%0.84%0.80%0.85%0 bps
Net Charge-Offs / Loans-0.03%-0.01%0.02%0.05%0.06%+9 bps
Allowance / Loans2.00%1.97%1.96%2.00%1.98%-2 bps
Allowance Coverage of NPLs2.4x2.4x2.3x2.5x2.3x0.0x
Capital
Tier 1 Leverage Ratio10.54%10.14%10.18%10.54%10.83%+29 bps
Total Risk-Based Capital20.46%19.93%20.56%21.01%21.23%+77 bps
Equity / Assets8.99%8.98%9.30%9.41%9.83%+84 bps
Liquidity & Funding
Loans / Deposits50.67%50.36%50.24%49.45%50.78%+12 bps
Liquid Assets / Assets12.01%7.16%8.64%11.23%9.52%-249 bps
CRE / Total Capitaln/a257%245%240%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Security Federal Bank

Aiken, SC · Cert 31100 · Peer group: banks $1B-$10B in assets (n=322-328) · Security Federal Corp.

State charter, non-member · FDIC · 19 branches

Q2 2026

$1.5BAssets
$691.4MLoans
$1.4BDeposits
$151.3MEquity

Executive Summary

  • Strongest standing: tier 1 capital ratio outperforms 91% of banks $1B-$10B in assets (rank 31 of 328).
  • Widest gap: efficiency ratio trails 81% of banks $1B-$10B in assets (rank 268 of 328).
  • Overall: at or above the peer median on 2 of 9 directional measures.

Return on Assets

0.87%

Rank 255 of 328

Net Interest Margin

3.03%

Rank 246 of 328

Efficiency Ratio

70.44%

Rank 268 of 328

Equity / Assets

9.83%

Rank 193 of 328

Non-interest income vs. expense

$11.0M$41.3MINCOMEEXPENSE
Unfavorable gap of $30.3M · efficiency ratio beats 19% of banks $1B-$10B in assets
Bank 70.44%Peer median 59.6%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.87%0.91%1.22%1.52%Beats 22%255 / 328
Return on Equity8.85%8.43%11.45%14.43%Beats 28%236 / 328
Net Interest Margin3.03%3.03%3.45%3.83%Beats 25%246 / 328
Efficiency Ratio70.44%51.61%59.56%67.53%Beats 19%268 / 328
Asset Quality
Nonperforming Loans / Loans0.85%0.24%0.51%1.03%Beats 31%223 / 322
Net Charge-Offs / Loans0.04%0.01%0.03%0.10%Beats 48%170 / 322
Capital
Tier 1 Capital Ratio19.98%11.75%13.15%15.47%Beats 91%31 / 328
Total Risk-Based Capital Ratio21.23%12.63%14.15%16.46%Beats 91%30 / 328
Equity / Assets9.83%9.15%10.33%12.01%Beats 41%193 / 328
Liquidity & Funding
Loans / Deposits50.78%76.63%87.92%95.36%4th pctl311 / 323
Loans / Assets44.91%65.18%74.15%79.98%6th pctl308 / 328
Brokered Deposits / Depositsn/aNot reported for this institution