Attached files
| file | filename |
|---|---|
| EX-99.1 - EXHIBIT 99.1 - SECURITY FEDERAL CORP | ex99141311.htm |
|
UNITED STATES
|
||||
|
SECURITIES AND EXCHANGE COMMISSION
|
||||
|
Washington, D.C. 20549
|
||||
|
FORM 8-K
|
||||
|
CURRENT REPORT
|
||||
|
Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934
|
||||
|
Date of Report (Date of earliest event reported): April 11, 2011
|
||||
|
SECURITY FEDERAL CORPORATION
|
||||
|
(Exact name of registrant as specified in its charter)
|
||||
|
South Carolina
|
0-16120
|
57-0858504
|
||
|
(State or other jurisdiction
|
(Commission
|
(IRS Employer
|
||
|
of incorporation)
|
File Number)
|
Identification No.)
|
||
|
238 Richland Avenue West, Aiken, South Carolina
|
29801
|
|||
|
(Address of principal executive offices)
|
(Zip Code)
|
|||
|
Registrant's telephone number (including area code): (803) 641-3000
|
||||
|
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions.
|
||||
|
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
||||
|
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
||||
|
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
||||
|
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
|
||||
Item 8.01 Other Events
On April 13, 2011, Security Federal Corporation (“Company”) announced that it had eliminated the mandatorily redeemable shares of the Company’s common stock as a result of an investor’s purchase of these shares in a private transaction that occurred on April 11, 2011. In connection with the purchase of these shares, the redemption feature was eliminated. As a result, the Company no longer has the liability related to these shares on its balance sheet and the Company’s capital increased by $1.5 million. A copy of the press release is furnished herewith as Exhibit 99.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
The following exhibit is being filed herewith and this list shall constitute the exhibit index.
99.1 Press Release of Security Federal Corporation dated April 13, 2011.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
|
SECURITY FEDERAL CORPORATION
|
||
|
Date: April 13, 2011
|
By:
|
/s/Roy G. Lindburg |
|
Roy G. Lindburg
|
||
|
Chief Financial Officer
|
||