 AIKEN, S. C., May 03, 2021 GLOBE NEWSWIRE -- Security Federal Corporation Company OTCBB: SFDL, the holding company for Security Federal Bank Bank, today announced earnings results for the quarter ended March 31, 2021. Net income increased to 3.2 million or 0.98 per common share basic for the quarter ended March 31, 2021 compared to 1.1 million or 0.34 per common share basic for the first quarter of 2020. The 2.1 million increase in net income was primarily the result of decreases in interest expense and loan loss provision expense during the first quarter of 2021. 