| Security      Federal Corporation and  Subsidiaries  |
|-----------------------------------------------------------|

----

| 1.   | the      Report fully complies with the requirements of Section 13(a) and 15(d) of      the Securities Exchange Act of 1934, as amended,  and |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------------|

| 2.   | the      information contained in the Report fairly presents, in all material      respects, the Company’s financial condition and results of operations as      of the dates and for the periods presented in the financial statements      included in the Report. |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| /s/ Timothy W.      Simmons                                                                           |   | /s/ Roy      G.      Lindburg                                                       |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Timothy      W. Simmons                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | Roy      G. Lindburg                                                                                                                                                                                                                                                                                                                     |
| Chief      Executive Officer                                                                                                                                                                                                                                                                                                                                                                                                                              |   | Chief      Financial Officer                                                                                                                                                                                                                                                                                                             |

| 47  |
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