Security Bancorp, Inc. Authorizes Stock Repurchase Program

  
    
  
  
    
      Security Bancorp, Inc. (“Company”) (OTCBB: SCYT) announced today that 
      its Board of Directors has authorized the repurchase of up to $500,000 
      of its outstanding common stock.
    
    
      Repurchases generally will be conducted through open market broker 
      transactions, although unsolicited negotiated transactions or other 
      types of repurchases are possible.
    
    
      At September 30, 2008, Security Bancorp, Inc. had consolidated total 
      assets of $134.7 million and stockholders’ equity of $14.5 million.
    
    
      Safe-Harbor Statement
    
    
      This press release may contain forward-looking statements as defined 
      by the Private Securities Litigation Reform Act of 1995. Any such 
      forward-looking statements are subject to various risks and 
      uncertainties.