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Bank, Aiken, SC
Security Federal Bank
A bank based in Aiken, SC. Its commercial book is led by owner-occupied CRE and non-owner-occupied CRE. Public files show recent multifamily, 1-4 unit investor and SBA 7(a) loans it made.
- Kind
- Bank
- Data as of
- June 30, 2026
- Page last changed
- November 12, 2026
- Commercial book
- $448M
- FDIC call report,
- Holds, not loans made
- Multifamily loans made, 2025
- 3
- HMDA,
- HMDA, 5 or more units
- SBA loans, 36 months
- 21
- SBA FOIA,
- 7(a) and 504, net of cancelled
- Total assets
- $1.54B
- FDIC call report,
Does it fit my deal?
The deal is read here and kept nowhere. Leave out names, income and credit scores.
How to reach them
Each line shows where it came from
- Phone
- The FDIC record has no phone number. Try the lender's website.
- Website
- www.securityfederalbank.comFrom the FDIC record, November 9, 2026.
- Commercial lending page
- securityfederalbank.comFrom the lender's website, retrieved November 11, 2026.
- Address
- 238 Richland Ave W, Aiken, SC 29801FDIC institution record,
- Regulator record
- FDIC BankFind
Recently done
Recorded lending
Recorded lending. Two or more public files show loans this lender made.
What changed. Security Federal Bank's C&I balance rose 19.8% to $42.6M in the quarter ended June 30, 2026. FDIC call reports,
| When | What the record shows | Source |
|---|---|---|
| October 21, 2026 | Certified by the CDFI Fund as a Community Development Financial Institution.Membership in a public list, not lending volume. | CDFI Fund certified list, |
| Oct 2023 to Sep 2026 | SBA 7(a) approvals by processing method: 13 under Preferred Lender authority.SBA ProcessingMethod field, net of cancellations. | SBA FOIA, |
| Jun 2025 to Jun 2026 | Owner-occupied CRE balance rose 9.9% to $148.3M in the year to June 30, 2026.Balances, not originations. Year over year from call reports. | FDIC call report |
| Fiscal 2025 | The holding company reported a balance of $118.3M still held on loans originated in fiscal 2025.Group level: the registrant and all of its subsidiaries together. A balance, not the amount originated. | SEC 10-Q and 10-K filings, |
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| Jul 2026 | South Carolina | SBA 7(a), Assisted Living Facilities for the Elderly | $260K | 9.5% | 20 yr | SBA FOIA | |
| Jun 2026 | Georgia | SBA 7(a), Fitness and Recreational Sports Centers | $510K | 9.5% | 10 yr | SBA FOIA | |
| Jun 2026 | Georgia | SBA 7(a), Mobile Food Services | $58K | 9.5% | 5 yr | SBA FOIA | |
| Apr 2026 | Georgia | SBA 7(a), Full-Service Restaurants | $330K | 9.5% | 7 yr | SBA FOIA | |
| Dec 2025 | Georgia | SBA 7(a), Real Estate and Rental and Leasing | $340K | 9.75% | 10 yr | SBA FOIA | |
| 2025 | Richmond County, GA | Cash-out refinance, 5 to 24 units | $280K | 6.94% | 5 yr | 75% | HMDA 2025 |
| 2025 | Richmond County, GA | Purchase, 5 to 24 units | $200K | 7.9% | 5 yr | 53% | HMDA 2025 |
| 2025 | Augusta-Richmond County, GA-SC | Purchase, 5 to 24 units | $160K | 8% | 3 yr | 75% | HMDA 2025 |
| Sep 2025 | South Carolina | SBA 7(a), Clothing and Clothing Accessories Retailers | $350K | 10.25% | 7 yr | SBA FOIA | |
| Jul 2025 | South Carolina | SBA 7(a), Barber Shops | $170K | 10.25% | 20 yr | SBA FOIA | |
| May 2025 | Georgia | SBA 7(a), Meat Retailers | $140K | 10.25% | 6 yr | SBA FOIA | |
| Feb 2025 | South Carolina | SBA 7(a), General Freight Trucking, Local | $160K | 10.25% | 7 yr | SBA FOIA | |
| 2024 | Richland County, SC | Refinance, 5 to 24 units | $1M | 7.25% | 5 yr | 43% | HMDA 2024 |
| 2024 | Richland County, SC | Purchase, 5 to 24 units | $900K | 8% | HMDA 2024 | ||
| Dec 2024 | South Carolina | SBA 7(a), All Other Consumer Goods Rental | $250K | 10.5% | 10 yr | SBA FOIA | |
| Nov 2024 | South Carolina | SBA 7(a), Independent Artists, Writers, and Performers | $250K | 10.75% | 20 yr | SBA FOIA | |
| Oct 2024 | South Carolina | SBA 7(a), Offices of Mental Health Practitioners (except Physicians) | $720K | 10.75% | 20 yr | SBA FOIA | |
| Jul 2024 | South Carolina | SBA 7(a), Manufacturing | $400K | 11.25% | 10 yr | SBA FOIA | |
| Jul 2024 | South Carolina | SBA 7(a), Construction | $270K | 11.25% | 7 yr | SBA FOIA | |
| Jul 2024 | Georgia | SBA 7(a), Photography Studios, Portrait | $100K | 11.25% | 10 yr | SBA FOIA | |
| Jul 2024 | South Carolina | SBA 7(a), General Freight Trucking, Local | $76K | 11.25% | 6 yr | SBA FOIA | |
| May 2024 | South Carolina | SBA 7(a), Limited-Service Restaurants | $480K | 11.25% | 10 yr | SBA FOIA | |
| Apr 2024 | South Carolina | SBA 7(a), Administrative and Support and Waste Management and Remediation Services | $390K | 11.25% | 8 yr | SBA FOIA | |
| Apr 2024 | South Carolina | SBA 7(a), Freight Transportation Arrangement | $300K | 11.25% | 10 yr | SBA FOIA | |
| Jan 2024 | Georgia | SBA 7(a), Sports and Recreation Instruction | $470K | 10.75% | 11 yr | SBA FOIA | |
| 21 SBA 7(a) loans since October 2023, net of cancelled | $6.30M | SBA FOIA | |||||
A blank means the source did not report it.
What it holds
FDIC call report, June 30, 2026
| Book | Holds | Of its loans | Year over year |
|---|---|---|---|
| Multifamily | $32.4M | 4.7% | +20.8% |
| Construction and land development | $81.8M | 11.8% | -21.8% |
| Owner-occupied CRE | $148M | 21.4% | +9.9% |
| Non-owner-occupied CRE | $143M | 20.6% | -8.6% |
| Farmland | $688K | 0.1% | Not reported |
| Commercial and industrial | $42.6M | 6.2% | +34.7% |
| Commercial total | $448M |
Reference only: $220M of 1-4 family residential loans, which call reports cannot split owner-occupied from investor. Excluded from the totals above.
Table
| Quarter | Commercial book |
|---|---|
| Q3 2023 | $413M |
| Q4 2023 | $424M |
| Q1 2024 | $435M |
| Q2 2024 | $434M |
| Q3 2024 | $463M |
| Q4 2024 | $462M |
| Q1 2025 | $460M |
| Q2 2025 | $455M |
| Q3 2025 | $444M |
| Q4 2025 | $439M |
| Q1 2026 | $436M |
| Q2 2026 | $448M |
| Kind of loan | Period | Loans made | Dollars | Typical size | Largest | Source |
|---|---|---|---|---|---|---|
| Multifamily, 5 or more units | 2025 | 3 | $640K | $200K | $280K | HMDA, |
| Multifamily, 5 or more units | 2024 | 2 | $1.90M | $950K | HMDA, | |
| 1-4 unit investor or business purpose | 2025 | 34 | $8.10M | $130K | HMDA, | |
| SBA 7(a), net of cancelled | 36 months to Sep 2026 | 21 | $6.30M | $270K | $720K | SBA FOIA, |
| SBA 7(a), net of cancelled | 12 months to Sep 2026 | 5 | $1.51M | SBA FOIA, |
How these public files were tied to this lender. HMDA: its legal entity identifier (LEI). SBA 7(a) loans: its FDIC certificate number.
Programs on record: Federal Home Loan Bank member, Atlanta district (FHFA).
Program lists that name this lender
Membership, not lending volume
- Listed by CDFI Fund: List of Certified CDFIs as: Certified CDFI (October 21, 2026). Certified by the CDFI Fund as a Community Development Financial Institution. Kind of institution: Bank or Thrift. Certification: Certified by the CDFI Fund since 2026-06-09.
Being on a list says the lender is a member of that program on the date shown. It does not say how much it lends.
Undrawn commitments
FFIEC Call Report, June 30, 2026
- Security Federal Bank reported commitments to fund construction loans that had not been drawn at June 30, 2026: $29,227,000 for 1-4 family residential construction and $35,126,000 for commercial real estate, other construction and land development (FFIEC Call Report). A commitment is an agreement to fund a loan if it is drawn. It is not a loan made.
- Undrawn commitments to commercial and industrial borrowers at June 30, 2026: $15,320,000. These are credit lines not yet used.
Small loans it holds, by original size
FDIC BankFind Suite API, /banks/financials (Call Report), report dates 2026-06-30 and 2025-06-30, June 30, 2026
Loans held on the report date, grouped by the amount when each loan was made. Not loans made in a period.
| Original amount | Loans | Holds |
|---|---|---|
| $100,000 or less | 225 | $5.14M |
| Over $100,000 up to $250,000 | 47 | $4.09M |
| Over $250,000 up to $1 million | 28 | $7.85M |
| Original amount | Loans | Holds |
|---|---|---|
| $100,000 or less | 31 | $1.06M |
| Over $100,000 up to $250,000 | 57 | $5.59M |
| Over $250,000 up to $1 million | 80 | $26.2M |
| Original amount | Loans | Holds |
|---|---|---|
| $100,000 or less | 2 | $19.0K |
| Over $100,000 up to $250,000 | 2 | $318K |
| Over $250,000 up to $500,000 | 1 | $351K |
Where it lends
Offices beside loans on record
| State | Offices | Multifamily 2025 | 1-4 investor 2025 | SBA 7(a) 36 mo. | SBA 504 36 mo. |
|---|---|---|---|---|---|
| South Carolina HQ | 15 | 1 | 22 | 13 | 0 |
| Georgia | 4 | 2 | 12 | 8 | 0 |
Offices by county
FDIC Summary of Deposits, June 30, 2026
- Security Federal Bank has 19 offices in 6 counties and 2 states (FDIC Summary of Deposits, June 30, 2026): 19 full service and 0 limited service.
| County | Full-service offices | Limited-service offices |
|---|---|---|
| Aiken County, SC | 9 | 0 |
| Richland County, SC | 3 | 0 |
| Columbia County, GA | 2 | 0 |
| Richmond County, GA | 2 | 0 |
| Lexington County, SC | 2 | 0 |
| Saluda County, SC | 1 | 0 |
Loan production offices are not in this file. A bank with no office here can still lend here.
Capacity. Not a rating
Our calculation from public filings, as of June 30, 2026. Not a rating, and not a statement about safety or deposits.
| Measure | This lender | Its peers | How it is worked out | Source |
|---|---|---|---|---|
| Estimated largest single loan | $27.6M | $17.1M to $31.5M across 8 peers | Estimate: 15% of tier 1 capital plus allowance. A further 10% is allowed with readily marketable collateral, and state-chartered banks follow state limits. Not a limit the lender has stated. | FDIC call report, 12 CFR 32.3, Jun 30, 2026 |
| CRE to capital | 139.6% | 102.4% to 335.1% across 8 peers | (Construction + multifamily + non-owner-occupied CRE loans) divided by tier 1 capital plus allowance. | FDIC call report, |
| Construction to capital | 44.5% | 38.9% to 135.4% across 8 peers | Construction loans divided by tier 1 capital plus allowance. | FDIC call report, |
| Loans to deposits | 50.8% | 51.9% to 98.4% across 8 peers | Total loans divided by total deposits. | FDIC call report, |
| Unused CRE commitments | $64.4M | $40.1M to $140M across 8 peers | Commitments to lend on commercial real estate that are not yet drawn. | FDIC call report, |
| Loans to assets | 44.9% | 43.4% to 82.7% across 8 peers | Total loans divided by total assets. | FDIC call report, |
Our calculation: construction, multifamily and non-owner-occupied nonfarm nonresidential loans, divided by tier 1 capital plus the allowance for loan losses. It is not the test in the 2006 interagency guidance on commercial real estate concentrations (December 12, 2006; OCC Bulletin 2006-46, Federal Reserve SR 07-1). That guidance measures against total risk-based capital, also counts loans that finance commercial real estate but are not secured by real estate, and looks more closely when construction and land loans reach 100% of that capital, or commercial real estate loans reach 300% of it and have grown 50% or more in the prior 36 months. This figure uses a different capital base, leaves out the unsecured loans and applies no growth condition. The guidance sets no limit on lending. Not a rating, and not a statement about safety or deposits.
Loan channel and SBA processing
Public record only
- Preferred Lender authority
- 13 loans (61.9%)
- Approval to first disbursement
- 55 days, median of 21
SBA FOIA, SBA 7(a) loans, 36 months. Counted from SBA approval, not application. Lines of credit disburse fast.
Peers
Same kind of lender, similar size and book
| Lender | State | Total assets | Commercial book |
|---|---|---|---|
| Bank of Travelers Rest | SC | $1.60B | $588M |
| South Atlantic Bank | SC | $1.98B | $990M |
| Coastal Carolina National Bank | SC | $1.35B | $598M |
| First Capital Bank | SC | $1.32B | $626M |
| First Palmetto Bank | SC | $1.10B | $482M |
| First Reliance Bank | SC | $1.13B | $511M |
| The Conway National Bank | SC | $2.00B | $546M |
| The Citizens Bank | SC | $1.14B | $289M |
What we don't know
- Whether it is taking new loans today, or on what terms.
- How much of its book it made recently. Call reports carry balances, not loans made.
- Which of its commercial real estate is office, retail, industrial or hotel. Call reports do not split the book by property type.
- How its 1-4 family loans divide between owner-occupied and investor.
- Whether it takes brokers. No figure here means no evidence, not a refusal.
Check this page
Against the regulator's own record
- Name and charter. Security Federal Bank, FDIC certificate 31100. Compare it with the regulator's record. [FDIC BankFind]
- Balances. $1.54B in total assets and $448M in commercial loans held, from the call report for June 30, 2026. [Source]
- Loans made. 60 recorded loans from HMDA and SBA files, through September 30, 2026: 3 HMDA multifamily 2025, 2 HMDA multifamily 2024, 34 HMDA 1-4 unit investor 2025, 21 SBA 7(a) in 36 months. Each has its source and date. [How each file was tied to Security Federal Bank]
- Phone and website. No phone number is on record. Website securityfederalbank.com, from the FDIC record. [How to reach them]
Something wrong? Report it with evidence. It is free, and it works the same for every lender whether it pays or not. Report an error
For the record
Data as of June 30, 2026. Page last changed November 12, 2026.
- Regulator
- FDIC
- FDIC certificate
- 31100
- RSSD
- 763677
- LEI
- 5493005ES4J6H2VR7264
- The Lender Report ID
- lr_001064
- FDIC classifies this bank as
- Commercial Lending Specialization
- Ownership
- Stock
- Head office metro area
- Augusta-Richmond County, GA-SC
FDIC institution record, The classification is FDIC's description of the balance sheet. It is not a statement about what the bank will lend on.
- Reported $1.5B in total assets as of June 30, 2026 (FDIC call report).
- Held $448.5M of commercial and commercial real estate loans as of June 30, 2026 (FDIC call report).
- Held $148.3M of owner-occupied commercial real estate loans as of June 30, 2026, up 9.9% from a year earlier (FDIC call report).
- Held $142.7M of non-owner-occupied commercial real estate loans as of June 30, 2026 (FDIC call report).
- Held $81.8M of construction and land loans as of June 30, 2026 (FDIC call report).
- Originated 3 multifamily loans totaling $640K in 2025 (HMDA).
9 more sentences
- Originated 2 multifamily loans totaling $1.9M in 2024 (HMDA).
- Originated 34 1-4 unit investor or business-purpose loans totaling $8.1M in 2025 (HMDA).
- Recorded 24 SBA 7(a) approvals totaling $6.8M from October 1, 2023 to September 30, 2026, of which 3 were later cancelled (SBA).
- Listed 19 offices in 2 states (FDIC).
- Security Federal Corp reported in its 10-K for the period ended 2025-12-31 that the company and all of its subsidiaries together still held $118.3M of loans originated in fiscal 2025 (SEC filing).
- Held 300 commercial and industrial loans that were $1 million or less when made, with a balance of $17.1M as of June 30, 2026 (FDIC call report). These are loans held, not loans made.
- Held 168 loans secured by nonfarm nonresidential property that were $1 million or less when made, with a balance of $32.8M as of June 30, 2026 (FDIC call report). These are loans held, not loans made.
- Reported commitments to fund construction loans that had not been drawn at June 30, 2026: $29.2M for 1-4 family and $35.1M for commercial and other construction (FFIEC Call Report). A commitment is not a loan made.
- Certified by the CDFI Fund as a Community Development Financial Institution. (CDFI Fund list, as of October 21, 2026).
Cite this
Source: The Lender Report, Security Federal Bank, https://lender.report/lender/security-federal-bank-sc/, data as of June 30, 2026.
Sources
- FDIC institution record, November 9, 2026
- FDIC office list, October 28, 2026
- FDIC call report, June 30, 2026
- FDIC call report, June 30, 2025
- HMDA, 2025
- SBA FOIA, September 30, 2026
- FFIEC Call Report, June 30, 2026
- FDIC call reports, June 30, 2026
- SEC 10-Q and 10-K filings, December 31, 2025
- FDIC Summary of Deposits, June 30, 2026
- CDFI Fund certified list, October 21, 2026
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.
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Work at Security Federal Bank? Claim this page, free.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem