FRAMPTON W. TOOLE, III - Corporate Board Profile

SECURITY FEDERAL CORP

Filing Date	Source Excerpt
2019-03-25	Frampton W. Toole, III is an attorney in private practice in Aiken, South Carolina, with Toole and Toole, Attorneys. He has been in private practice for over 38 years. His primary areas of practice are real estate law, probate law and commercial law. His degrees include a B.A. in history and a J.D. in law from the University of South Carolina. He is retired from the Judge Advocate General's Corps of the United States Army Reserve with over 27 years of service, having attained the rank of Lieutenant Colonel. He currently serves as a member of the University of South Carolina Aiken Partnership Board and the Board of Directors of the Aiken Land Conservancy. Mr. Toole brings legal expertise, organizational skills and community involvement to the Board of Directors.
2020-03-24	Frampton W. Toole, III is an attorney in private practice in Aiken, South Carolina, with Toole and Toole, Attorneys. He has been in private practice for over 38 years. His primary areas of practice are real estate law, probate law and commercial law. His degrees include a B.A. in history and a J.D. in law from the University of South Carolina. He is retired from the Judge Advocate General’s Corps of the United States Army Reserve with over 27 years of service, having attained the rank of Lieutenant Colonel. He currently serves as a member of the University of South Carolina Aiken Partnership Board and the Board of Directors of the Aiken Land Conservancy. Mr. Toole brings legal expertise, organizational skills and community involvement to the Board of Directors. The Audit Committee: Thomas L. Moore, Chairman William Clyburn Robert E. Alexander Timothy W. Simmons Frank M. Thomas, Jr. Frampton W. Toole III Richard T. Harmon. The Compensation Committee, which also serves as the Stock Option Committee, is comprised of Directors Simmons (Chairman), Toole, Alexander, Weeks, Moore, Clyburn, Thomas and Harmon. The Proxy Committee, which is composed of Directors Simmons (Chairman), Toole, Alexander, Weeks, Moore, Clyburn and Thomas. The Nominating Committee, consisting of Directors Simmons (Chairman), Toole, Alexander, Weeks, Moore, Clyburn, Thomas and Harmon. The Executive Committee, comprised of Directors Simmons (Chairman), Toole, Alexander, Weeks, Verenes Lindburg, Harmon, Thomas, Cummins, Clyburn and Moore. The Trust Committee consists of Directors Toole (Chairman), Alexander, Simmons, Thomas, Moore, Clyburn, Toole, Harmon, Lindburg and Cummins. The Investment Committee consists of Directors Verenes (Chairman), Alexander, Simmons, Thomas, Moore, Clyburn, Toole, Harmon, Lindburg and Cummins. The Loan Committee is composed of Directors Verenes (Chairman), Toole, Alexander, Weeks Simmons, Lindburg, Thomas, Moore, Clyburn, Harmon and Cummins. The following table shows the compensation paid to our directors for the year ended December 31, 2019, except for those who are our named executive officers. Frampton W. Toole, III: Fees Earned or Paid in Cash ($) 51,250.
2022-04-08	Frampton W. Toole, III is an attorney in private practice in Aiken, South Carolina, with Toole and Toole, Attorneys. He has been in private practice for over 41 years. The Audit Committee, comprised of Directors Moore (Chairman), Clyburn, Alexander, Simmons, Thomas, Toole, Harmon and Cummins assists the Board in fulfilling its oversight responsibilities. The Compensation Committee, which also serves as the Stock Option Committee, is comprised of Directors Simmons (Chairman), Toole, Alexander, Weeks, Moore, Clyburn, Thomas, Harmon and Cummins. The Proxy Committee, which is composed of Directors Simmons (Chairman), Toole, Alexander, Weeks, Moore, Clyburn, Thomas, Cummins and Harmon is responsible for voting the proxies of Security Federal’s shareholders. The Nominating Committee, consisting of Directors Simmons (Chairman), Toole, Alexander, Weeks, Moore, Clyburn, Thomas, Harmon and Cummins was formed to ensure that we maintain the highest standards and best practices in all critical areas relating to the management of our business. The following table shows the compensation paid to our directors for the year ended December 31, 2021, Frampton W. Toole, III received $78,500 in fees.
2023-04-07	Frampton W. Toole, III is an attorney in private practice in Aiken, South Carolina, with Toole and Toole, Attorneys. He has been in private practice for over 42 years. His primary areas of practice are real estate law, probate law and commercial law. His degrees include a B.A. in history and a J.D. in law from the University of South Carolina. He is retired from the Judge Advocate General’s Corps of the United States Army Reserve with over 27 years of service, having attained the rank of Lieutenant Colonel. He currently serves as a member of the Advisory Council of the Aiken Land Conservancy. Mr. Toole brings legal expertise, organizational skills and community involvement to the Board of Directors.
2024-04-08	Frampton W. Toole, III is an attorney in private practice in Aiken, South Carolina, with Toole and Toole, Attorneys. The Executive Committee, comprised of Directors Simmons (Chairman), Toole, Alexander, Weeks, Verenes Lindburg, Harmon, Thomas, Cummins, Clyburn and Moore. The Audit Committee, comprised of Directors Moore (Chairman), Clyburn, Alexander, Simmons, Thomas, Toole, Harmon and Cummins. The Compensation Committee, which also serves as the Stock Option Committee, is comprised of Directors Simmons (Chairman), Toole, Alexander, Weeks, Moore, Clyburn, Thomas, Harmon and Cummins. The Proxy Committee, which is composed of Directors Simmons (Chairman), Toole, Alexander, Weeks, Moore, Clyburn, Thomas, Cummins and Harmon. The Nominating Committee, consisting of Directors Simmons (Chairman), Toole, Alexander, Weeks, Moore, Clyburn, Thomas, Harmon and Cummins. Security Federal’s Bank Board of Directors Executive Committee is composed of Directors Verenes (Chairman), Toole, Alexander, Weeks Simmons, Lindburg, Moore, Clyburn, Harmon, Thomas and Cummins. The Loan Committee is composed of Directors Verenes (Chairman), Toole, Alexander, Weeks Simmons, Lindburg, Thomas, Moore, Clyburn, Harmon and Cummins. The Compensation Committee is comprised of Directors Simmons (Chairman), Toole, Alexander, Weeks, Moore, Clyburn, Thomas, Harmon and Cummins. The Trust Committee consists of Directors Verenes (Chairman), Alexander, Simmons, Thomas, Moore, Clyburn, Toole, Harmon, Lindburg and Cummins. The Investment Committee consists of Directors Verenes (Chairman), Alexander, Simmons, Thomas, Moore, Clyburn, Toole, Harmon, Lindburg and Cummins. The following table shows the compensation paid to our directors for the year ended December 31, 2023, except for those who are our named executive officers. Frampton W. Toole, III: $85,300 total compensation.
2025-04-07	Frampton W. Toole, III Age: 70 Role: Director of Security Federal and the Bank Committees: Executive Committee, Audit Committee, Compensation Committee, Proxy Committee, Nominating Committee Compensation: $89,400 Excerpt: 'The Executive Committee, comprised of Directors Simmons (Chairman), Toole, Alexander, Weeks, Verenes Lindburg, Harmon, Thomas, Cummins, Clyburn and Moore... The Audit Committee, comprised of Directors Moore (Chairman), Clyburn, Alexander, Simmons, Thomas, Toole, Harmon and Cummins... The Compensation Committee, which also serves as the Stock Option Committee, is comprised of Directors Simmons (Chairman), Toole, Alexander, Weeks, Moore, Clyburn, Thomas, Harmon and Cummins... The Proxy Committee, which is composed of Directors Simmons (Chairman), Toole, Alexander, Weeks, Moore, Clyburn, Thomas, Cummins and Harmon... The Nominating Committee, consisting of Directors Simmons (Chairman), Toole, Alexander, Weeks, Moore, Clyburn, Thomas, Harmon and Cummins... Compensation: $89,400 (Fees Earned or Paid in Cash $89,400)'}},{