Nine-month earnings rose 27.5% to $10.4 million.
Security Federal Corporation (SFDL) reported a 27.5% rise in nine-month earnings to $10.4 million. Q3 net income increased to $3.6 million from $3.2 million, with EPS up to $1.16. Year-to-date net income rose to $11.6 million from $9.4 million. The company's board approved a stock repurchase plan for up to 124,035 shares.
