Security Federal Corp. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2016. For the quarter the company reported net income available to common shareholders of $1,429,000 or $0.46 per common share (diluted) compared to $1,234,000 or $0.40 per diluted share a year ago. Total interest income was $7,077,000 compared to $6,983,000 a year ago. Net interest income was $6,153,000 compared to $6,026,000 a year ago. Income before income taxes was $977,000 compared to $1,715,000 a year ago. Net income was $862,000 compared to $1,344,000 a year ago. For the year end the company reported net income available to common shareholders of $6,162,000 or $1.99 per common share (diluted) compared to $5,676,000 or $1.84 per diluted share a year ago. Total interest income was $28,388,000 compared to $27,906,000 a year ago. Net interest income was $24,872,000 compared to $23,707,000 a year ago. Income before income taxes was $7,845,000 compared to $8,183,000 a year ago. Net income was $5,925,000 compared to $6,116,000 a year ago. The increase was primarily the result of an increase in net interest income offset partially by an increase in the provision for loan losses.