SECURITY FEDERAL CORP Annual Depreciation in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.
Summary
Security Federal Corp quarterly/annual Depreciation history and growth rate from 2010 to 2023.
  • Security Federal Corp Depreciation for the quarter ending March 31, 2024 was $509K, a 1.74% decline year-over-year.
  • Security Federal Corp annual Depreciation for 2023 was $2.15M, a 9.11% increase from 2022.
  • Security Federal Corp annual Depreciation for 2022 was $1.97M, a 37.3% decline from 2021.
  • Security Federal Corp annual Depreciation for 2021 was $3.14M, a 9.04% increase from 2020.
Depreciation, Trailing 12 Months (USD)
Depreciation, Annual (USD)
Depreciation, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $2.15M +$179K +9.11% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-21
2022 $1.97M -$1.17M -37.3% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-21
2021 $3.14M +$260K +9.04% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-24
2020 $2.88M +$276K +10.6% Jan 1, 2020 Dec 31, 2020 10-K 2022-03-29
2019 $2.6M +$294K +12.7% Jan 1, 2019 Dec 31, 2019 10-K 2022-03-29
2018 $2.31M +$251K +12.2% Jan 1, 2018 Dec 31, 2018 10-K 2021-03-29
2017 $2.06M +$95.3K +4.86% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-20
2016 $1.96M +$255K +15% Jan 1, 2016 Dec 31, 2016 10-K 2019-03-22
2015 $1.71M +$40.9K +2.46% Jan 1, 2015 Dec 31, 2015 10-K 2018-03-20
2014 $1.67M +$67.4K +4.22% Jan 1, 2014 Dec 31, 2014 10-K 2017-03-20
2013 $1.6M Jan 1, 2013 Dec 31, 2013 10-K 2016-03-21
2011 $1.72M -$112K -6.09% Apr 1, 2011 Mar 31, 2012 10-K 2014-03-25
2010 $1.83M Apr 1, 2010 Mar 31, 2011 10-KT 2013-03-25
* An asterisk sign (*) next to the value indicates that the value is likely invalid.