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Exhibit 23
Consent of Elliott Davis, LLC
[ELLIOTT DAVIS LLC LETTERHEAD]
CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
The Board of Directors
Security Federal Corporation
We consent to incorporation by reference in the Registration Statement No. 333-31500, 333-102337 and 333-136813 on Form S-8 of our report dated June 18, 2010, relating to the consolidated balance sheet of Security Federal Corporation and subsidiaries as of March 31, 2010 and the related consolidated statements of income, changes in shareholders’ equity and comprehensive income and cash flows for the year then ended, which report appears in the March 31, 2010 Annual Report on Form 10-K.
/s/ Elliott Davis, LLC
Columbia, South Carolina
June 18, 2010