Financial Data and Key Metrics Changes - Landmark reported net earnings of $3 million in Q2 2024, with earnings per share of $0.55, a return on average assets of 0.78%, and a return on average equity of 9.72% [4][7] - The efficiency ratio for the second quarter was 67.9%, and net interest income grew by 2.1% compared to the previous quarter [4][5] - The net interest margin expanded to 3.21% in Q2 2024, up from 3.12% in Q1 2024 [10] Business Line Data and Key Metrics Changes - Total gross loans increased by $16.5 million, reaching $980.6 million, with a 6.9% annualized growth rate [13][16] - Net interest income totaled $11 million, an increase of $227,000 from the previous quarter, primarily due to increased interest income on loans [8][10] - Non-interest income rose to $3.7 million, an increase of $320,000 from the prior quarter, driven by higher fees and gains on mortgage loan sales [11] Market Data and Key Metrics Changes - The Kansas unemployment rate was reported at 3.1% as of June 30, indicating a healthy economic environment [18] - Home prices in Kansas increased by 6.3% in the first half of the year compared to the same period in 2023, with homes selling quickly [19] Company Strategy and Development Direction - The company is focusing on expanding its presence with high-quality banking products and services, particularly in Kansas City [20] - Landmark aims to maintain a conservative approach to risk management while enhancing operational efficiency [6] Management's Comments on Operating Environment and Future Outlook - Management expressed satisfaction with core performance, highlighting strong loan growth and solid credit quality [20] - The company anticipates increased interest in fixed-rate mortgage products as rates decline [24] Other Important Information - The Board of Directors declared a cash dividend of $0.21 per share, marking the 92nd consecutive quarterly cash dividend since the company's formation [6] - The allowance for credit losses stood at $10.9 million, representing 1.11% of gross loans, indicating strong credit quality [11][17] Q&A Session Summary Question: Insights on the mortgage business and recent rate changes - Management noted a recent uptick in interest for adjustable-rate mortgages and expects more interest in fixed products as rates decline [24] Question: Impact of potential Fed rate cuts on margins - Management indicated that they are well-positioned to benefit from potential rate cuts, as many of their borrowings will re-price favorably [26] Question: Anticipated large expenditures in the near future - Management confirmed no unusual or non-core expenditures are expected, aside from the sale of a former branch building [27]

Exhibit 99.1 PRESS RELEASE FOR IMMEDIATE RELEASE Contact: August 5, 2024 Mark A. Herpich Chief Financial Officer (785) 565-2000 Landmark Bancorp, Inc. Announces Second Quarter Earnings Per Share of $0.55 Declares Cash Dividend of $0.21 per Share (Manhattan, KS, August 5, 2024) – Landmark Bancorp, Inc. ("Landmark"; Nasdaq: LARK) reported diluted earnings per share of $0.55 for the three months ended June 30, 2024, compared to $0.51 per share in the first quarter of 2024 and $0.61 per share in the same quarte ...

Manhattan, KS, July 16, 2024 (GLOBE NEWSWIRE) -- Landmark Bancorp, Inc. (Nasdaq: LARK) announced that it will release earnings for the second quarter of 2024 after the market closes on Monday, August 5, 2024. The Company will host a conference call to discuss these results on Tuesday, August 6, 2024 at 10:00 am (CT). Investors may listen to the Company's earnings call via telephone by dialing (833) 470-1428 and using access code 974885. Investors are encouraged to call the dial-in number at least 5 minutes ...

Commission File Number 0-33203 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ (Address of principal executive offices) (Zip code) LANDMARK BANCORP, INC. (Exact name of registrant as specified in ...

Landmark Bancorp, Inc. (NASDAQ:LARK) Q1 2024 Results Conference Call May 2, 2024 11:00 AM ET Company Participants Abby Wendel - CEO Mark Herpich - CFO Raymond McLanahan - Chief Credit Officer Conference Call Participants Ross Haberman - Rlh Investments Operator Ladies and gentlemen, thank you for standing by. Welcome to the Landmark Bancorp Inc. 2024 First Quarter Earnings Call [Operator Instructions]. I would now like to hand the conference call over to Abby Wendel, CEO. Please go ahead. Abby Wendel Thank ...

FOR IMMEDIATE RELEASE Contact: May 1, 2024 Mark A. Herpich Chief Financial Officer (785) 565-2000 Exhibit 99.1 PRESS RELEASE Landmark Bancorp, Inc. Announces First Quarter Earnings Per Share of $0.51 Declares Cash Dividend of $0.21 per Share (Manhattan, KS, May 1, 2024) – Landmark Bancorp, Inc. ("Landmark"; Nasdaq: LARK) reported diluted earnings per share of $0.51 for the three months ended March 31, 2024, compared to $0.48 per share in the fourth quarter of 2023 and $0.61 per share in the same quarter las ...

Manhattan, KS, May 01, 2024 (GLOBE NEWSWIRE) -- Landmark Bancorp, Inc. (("Landmark", NASDAQ:LARK) reported diluted earnings per share of $0.51 for the three months ended March 31, 2024, compared to $0.48 per share in the fourth quarter of 2023 and $0.61 per share in the same quarter last year. Net earnings for the first quarter of 2024 amounted to $2.8 million, compared to $2.6 million in the prior quarter and $3.4 million for the first quarter of 2023. For the three months ended March 31, 2024, the return ...

Manhattan, KS, April 25, 2024 (GLOBE NEWSWIRE) -- Landmark Bancorp, Inc. (Nasdaq: LARK) announced that it will release earnings for the first quarter of 2024 after the market closes on Wednesday, May 1, 2024. The Company will host a conference call to discuss these results on Thursday, May 2, 2024 at 10:00 am (CT). Investors may listen to the Company’s earnings call via telephone by dialing (833) 470-1428 and using access code 688391. Investors are encouraged to call the dial-in number at least 5 minutes pr ...

Manhattan, KS, April 25, 2024 (GLOBE NEWSWIRE) -- Landmark Bancorp, Inc. (NASDAQ:LARK) announced that it will release earnings for the first quarter of 2024 after the market closes on Wednesday, May 1, 2024. The Company will host a conference call to discuss these results on Thursday, May 2, 2024 at 10:00 am (CT). Investors may listen to the Company's earnings call via telephone by dialing (833) 470-1428 and using access code 688391. Investors are encouraged to call the dial-in number at least 5 minutes pri ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from __________ to ___________ Commission File Number 0-33203 LANDMARK BANCORP, INC. (Exact name of Registrant as specified in its charter) | | | (State or other jurisdiction of incorpora ...