May 22, 2012, 12:05 am

Security Federal Corp. reports profit

Security Federal Corp., the holding company for Security Federal Bank, reported a quarterly profit of $ 376,000 – up from $ 344,000 from the same quarter in 2010.

The Aiken-based bank reported that the increase for the quarter that ended in December was primarily the result of a decrease in expenses.

Total assets were $ 916.5 million, down from $ 933.5 million at the end of March, the beginning of its fiscal year.

Total deposits are also lower, from $ 690 million to $ 689 million, in the same period.

News Source - Local Business News: Click For Full Story >>

AugustaGA Advertisements

AugustaGA Career Center

Career Center

Find Jobs

powered by CareerBuilder

Augusta GA Parks

Augusta GA Parks
Featured Augusta Services:
Augusta News Sources:
AugustaGA Information:

Whether you are looking for the latest in Augusta news, or news from around the way, AugustaGA.com is your ultimate source. Our news feeds continually updates Augusta local news and breaking news from around the nation. Get a snapshot of the news as it happens and stay up-to-date with breaking news in Augusta and the CSRA. Read the latest headlines both locally and nationwide for recent stories affecting our city and the entire nation. Our news feeds are categorized to help our readers find news that are important to them. Join us as we continue to build the most comprehensive news site in Augusta, Georgia. AugustaGa.com and AugustaBiz is not responsible for the accuracy and content of the news provided by local news sites and news feeds we gather from around the web. We pride ourselves in providing the most current news coverage in Augusta and the CSRA with no reservation and modification to the news feeds we provide.