SCYT Security Bancorp Inc (PK)

Security Bancorp, Inc. (�Company�) (OTCBB:SCYT) today announced that its second quarter earnings for its fiscal year ended December 31, 2008 contained an error. The Company previously announced its earnings for the quarter ended June 30, 2008 on July 30, 2008. The Company noted that its Consolidated Financial Highlights for the quarter ended June 30, 2008 contained an error regarding its advances from the Federal Home Loan Bank (�FHLB�) at December 31, 2007. The Consolidated Financial Highlights stated that the Company had $3.0 million in FHLB advances at December 31, 2007 instead of $7.0 million. No other changes were required to be made to the Company�s reported earnings for the quarter ended June 30, 2008. Security Bancorp, Inc. is the holding company for Security Federal Savings Bank of McMinnville, Tennessee, a federally chartered stock savings bank that conducts business from its home office and one branch in McMinnville, Tennessee. At June 30, 2008, the Company had assets of $139.9 million, deposits of $109.9 million and stockholders� equity of $15.4 million.