SECURITY FEDERAL CORP Quarterly Interest Expense in USD from Q2 2010 to Q1 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Security Federal Corp quarterly/annual Interest Expense history and growth rate from Q2 2010 to Q1 2024.
  • Security Federal Corp Interest Expense for the quarter ending March 31, 2024 was $8.74M, a 120% increase year-over-year.
  • Security Federal Corp Interest Expense for the twelve months ending March 31, 2024 was $30.5M, a 271% increase year-over-year.
  • Security Federal Corp annual Interest Expense for 2023 was $25.7M, a 412% increase from 2022.
  • Security Federal Corp annual Interest Expense for 2022 was $5.03M, a 31.5% increase from 2021.
  • Security Federal Corp annual Interest Expense for 2021 was $3.82M, a 41.9% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $30.5M $8.74M +$4.76M +120% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-10
Q4 2023 $25.7M $7.95M +$5.72M +256% Oct 1, 2023 Dec 31, 2023 10-K 2024-03-21
Q3 2023 $20M $7.38M +$6.22M +536% Jul 1, 2023 Sep 30, 2023 10-Q 2023-11-13
Q2 2023 $13.8M $6.43M +$5.58M +662% Apr 1, 2023 Jun 30, 2023 10-Q 2023-08-11
Q1 2023 $8.21M $3.98M +$3.18M +400% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-10
Q4 2022 $5.03M $2.23M +$1.31M +141% Oct 1, 2022 Dec 31, 2022 10-K 2023-03-24
Q3 2022 $3.72M $1.16M +$314K +37.2% Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-13
Q2 2022 $3.41M $844K -$134K -13.7% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-11
Q1 2022 $3.54M $795K -$283K -26.3% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-12
Q4 2021 $3.83M $924K -$251K -21.4% Oct 1, 2021 Dec 31, 2021 10-K 2023-03-24
Q3 2021 $4.08M $845K -$586K -41% Jul 1, 2021 Sep 30, 2021 10-K 2023-03-24
Q2 2021 $4.66M $978K -$778K -44.3% Apr 1, 2021 Jun 30, 2021 10-K 2023-03-24
Q1 2021 $5.44M $1.08M -$1.14M -51.4% Jan 1, 2021 Mar 31, 2021 10-K 2023-03-24
Q4 2020 $6.58M $1.18M -$1.06M -47.5% Oct 1, 2020 Dec 31, 2020 10-K 2022-03-29
Q3 2020 $7.64M $1.43M -$860K -37.5% Jul 1, 2020 Sep 30, 2020 10-K 2022-03-29
Q2 2020 $8.5M $1.76M -$253K -12.6% Apr 1, 2020 Jun 30, 2020 10-K 2022-03-29
Q1 2020 $8.76M $2.22M +$445K +25.1% Jan 1, 2020 Mar 31, 2020 10-K 2022-03-29
Q4 2019 $8.31M $2.24M +$672K +42.9% Oct 1, 2019 Dec 31, 2019 10-K 2021-03-29
Q3 2019 $7.64M $2.29M +$861K +60.2% Jul 1, 2019 Sep 30, 2019 10-K 2021-03-29
Q2 2019 $6.78M $2.01M +$723K +56.2% Apr 1, 2019 Jun 30, 2019 10-K 2021-03-29
Q1 2019 $6.06M $1.77M +$605K +51.8% Jan 1, 2019 Mar 31, 2019 10-K 2021-03-29
Q4 2018 $5.45M $1.57M +$462K +41.9% Oct 1, 2018 Dec 31, 2018 10-K 2020-03-20
Q3 2018 $4.99M $1.43M +$333K +30.4% Jul 1, 2018 Sep 30, 2018 10-K 2020-03-20
Q2 2018 $4.66M $1.29M +$269K +26.5% Apr 1, 2018 Jun 30, 2018 10-K 2020-03-20
Q1 2018 $4.39M $1.17M +$211K +22% Jan 1, 2018 Mar 31, 2018 10-K 2020-03-20
Q4 2017 $4.18M $1.1M +$179K +19.4% Oct 1, 2017 Dec 31, 2017 10-K 2019-03-22
Q3 2017 $4M $1.1M +$292K +36.3% Jul 1, 2017 Sep 30, 2017 10-K 2019-03-22
Q2 2017 $3.7M $1.02M +$149K +17.2% Apr 1, 2017 Jun 30, 2017 10-K 2019-03-22
Q1 2017 $3.56M $958K +$39K +4.24% Jan 1, 2017 Mar 31, 2017 10-K 2019-03-22
Q4 2016 $3.52M $924K -$33K -3.45% Oct 1, 2016 Dec 31, 2016 10-K 2018-03-20
Q3 2016 $3.55M $805K -$196K -19.6% Jul 1, 2016 Sep 30, 2016 10-K 2018-03-20
Q2 2016 $3.75M $868K -$200K -18.7% Apr 1, 2016 Jun 30, 2016 10-K 2018-03-20
Q1 2016 $3.95M $919K -$254K -21.7% Jan 1, 2016 Mar 31, 2016 10-K 2018-03-20
Q4 2015 $4.2M $957K -$413K -30.1% Oct 1, 2015 Dec 31, 2015 10-K 2017-03-20
Q3 2015 $4.61M $1M -$384K -27.7% Jul 1, 2015 Sep 30, 2015 10-K 2017-03-20
Q2 2015 $5M $1.07M -$439K -29.1% Apr 1, 2015 Jun 30, 2015 10-K 2017-03-20
Q1 2015 $5.44M $1.17M -$377K -24.3% Jan 1, 2015 Mar 31, 2015 10-K 2017-03-20
Q4 2014 $5.81M $1.37M -$294K -17.7% Oct 1, 2014 Dec 31, 2014 10-K 2016-03-21
Q3 2014 $6.11M $1.39M -$411K -22.9% Jul 1, 2014 Sep 30, 2014 10-K 2016-03-21
Q2 2014 $6.52M $1.51M -$452K -23.1% Apr 1, 2014 Jun 30, 2014 10-K 2016-03-21
Q1 2014 $6.97M $1.55M -$564K -26.7% Jan 1, 2014 Mar 31, 2014 10-K 2016-03-21
Q4 2013 $7.53M $1.66M -$714K -30% Oct 1, 2013 Dec 31, 2013 10-K/A 2015-05-06
Q3 2013 $8.25M $1.8M -$667K -27.1% Jul 1, 2013 Sep 30, 2013 10-K/A 2015-05-06
Q2 2013 $8.91M $1.96M -$660K -25.2% Apr 1, 2013 Jun 30, 2013 10-K/A 2015-05-06
Q1 2013 $9.57M $2.11M -$700K -24.9% Jan 1, 2013 Mar 31, 2013 10-K/A 2015-05-06
Q4 2012 $10.3M $2.38M -$596K -20% Oct 1, 2012 Dec 31, 2012 10-K 2014-03-25
Q3 2012 $10.9M $2.46M -$797K -24.4% Jul 1, 2012 Sep 30, 2012 10-K 2014-03-25
Q2 2012 $11.7M $2.62M -$730K -21.8% Apr 1, 2012 Jun 30, 2012 10-K 2014-03-25
Q1 2012 $12.4M $2.81M -$651K -18.8% Jan 1, 2012 Mar 31, 2012 10-Q 2013-05-14
Q4 2011 $13M $2.97M -$907K -23.4% Oct 1, 2011 Dec 31, 2011 10-KT 2013-03-25
Q3 2011 $14M $3.26M -$1.06M -24.6% Jul 1, 2011 Sep 30, 2011 10-KT 2013-03-25
Q2 2011 $15M $3.35M -$1.08M -24.3% Apr 1, 2011 Jun 30, 2011 10-KT 2013-03-25
Q1 2011 $16.1M $3.47M Jan 1, 2011 Mar 31, 2011 10-KT 2013-03-25
Q4 2010 $3.88M Oct 1, 2010 Dec 31, 2010 10-Q 2012-02-13
Q3 2010 $4.32M Jul 1, 2010 Sep 30, 2010 10-Q 2011-11-14
Q2 2010 $4.43M Apr 1, 2010 Jun 30, 2010 10-Q 2011-08-15
* An asterisk sign (*) next to the value indicates that the value is likely invalid.