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, 2021 OR Commission File Number 0-33203 (Address of principal executive offices) (Zip code) (785) 565-2000 LANDMARK BANCORP, INC. (Exact name of registrant as specified in its charter) Delaware 43-1930755 (State or other jurisdiction of incorporation or organization) ☐ TRANSITION REPORT PURSUANT TO ...

Landmark Bancorp, Inc. (NASDAQ:LARK) Q1 2021 Earnings Conference Call May 5, 2021 11:00 AM ET Company Participants Michael Scheopner - President & Chief Executive Officer Mark Herpich - Chief Financial Officer Raymond McClanahan - Chief Credit Officer Conference Call Participants John Rodis - Janney Operator Good day, and welcome to the Landmark Bancorp Q1 Earnings Conference Call. [Operator Instructions] Please note that this event is being recorded. I would now like to turn the conference over to Michael ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For fiscal year ended December 31, 2020 OR (785) 565-2000 ☐ 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) | Delaware | 43-1930755 | | --- ...

Landmark Bancorp, Inc. (NASDAQ:LARK) Q4 2020 Earnings Conference Call February 3, 2021 11:00 AM ET Company Participants Michael Scheopner - President & Chief Executive Officer Mark Herpich - Chief Financial Officer Conference Call Participants John Rodis - Janney Operator Good day, and welcome to the Landmark Bancorp Fourth Quarter 2020 Earnings Conference Call. [Operator Instructions] Please note that this event is being recorded. I would now like to turn the conference over to Michael Scheopner. Please go ...

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 September 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the 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 inc ...

Landmark Bancorp, Inc. (NASDAQ:LARK) Q3 2020 Earnings Conference Call October 28, 2020 11:00 AM ET Company Participants Michael Scheopner - President, CEO & Director Mark Herpich - VP, Secretary, CFO & Treasurer Conference Call Participants Operator Good day, and welcome to the Landmark Bancorp Q3 Earnings call. [Operator Instructions]. Please note, this event is being recorded. I would like now to turn the conference over to Michael Scheopner. Please go ahead. Michael Scheopner Thank you, and good morning. ...

PART I - FINANCIAL INFORMATION [Financial Statements](index=3&type=section&id=Item%201.%20Financial%20Statements) The unaudited financial statements show a significant increase in total assets to $1.12 billion and a 77% rise in net earnings, driven by PPP loans and gains on loan sales Consolidated Balance Sheet Highlights (Unaudited) | (In thousands) | June 30, 2020 | December 31, 2019 | Change (%) | | :--- | :--- | :--- | :--- | | **Total Assets** | **$1,118,937** | **$998,465** | **+12.1%** | | Loans, net | $689,626 | $532,180 | +29.6% | | - Paycheck Protection Program Loans | $130,137 | $0 | N/A | | Investment securities available-for-sale | $306,825 | $362,998 | -15.5% | | **Total Liabilities** | **$1,001,657** | **$889,858** | **+12.6%** | | Total Deposits | $944,204 | $835,048 | +13.1% | | - Non-interest-bearing demand | $277,574 | $182,717 | +51.9% | | **Total Stockholders' Equity** | **$117,280** | **$108,607** | **+8.0%** | Consolidated Earnings Highlights (Unaudited) | (In thousands, except per share) | Six Months Ended June 30, 2020 | Six Months Ended June 30, 2019 | Change (%) | | :--- | :--- | :--- | :--- | | Net Interest Income | $17,117 | $14,677 | +16.6% | | Provision for loan losses | $1,600 | $600 | +166.7% | | Non-interest Income | $12,325 | $7,244 | +70.1% | | - Gains on sales of loans, net | $6,017 | $2,862 | +110.2% | | **Net Earnings** | **$8,463** | **$4,781** | **+77.0%** | | **Diluted EPS** | **$1.86** | **$1.04** | **+78.8%** | Consolidated Cash Flow Highlights (Unaudited) | (In thousands) | Six Months Ended June 30, 2020 | Six Months Ended June 30, 2019 | | :--- | :--- | :--- | | Net cash used in operating activities | $(2,468) | $(5,260) | | Net cash used in investing activities | $(95,705) | $(5,127) | | Net cash provided by financing activities | $102,666 | $5,572 | [Notes to Consolidated Financial Statements](index=9&type=section&id=Notes%20to%20Consolidated%20Financial%20Statements) Key notes highlight the impact of COVID-19, including PPP loan growth, increased loan loss provisions, and loan modifications under the CARES Act - The company originated **$130.1 million** in Paycheck Protection Program (PPP) loans as of June 30, 2020[31](index=31&type=chunk) - Impaired loans increased from $8.7 million at year-end 2019 to **$11.9 million** at June 30, 2020[33](index=33&type=chunk) - As of June 30, 2020, the company had 135 loan modifications totaling **$54.7 million** related to the COVID-19 pandemic, which are not classified as TDRs per regulatory guidance[43](index=43&type=chunk) - Goodwill was tested for impairment as of March 31, 2020, due to a triggering event (COVID-19) and was **not found to be impaired**[44](index=44&type=chunk) - The company, as a smaller reporting company, plans to delay the implementation of the CECL accounting standard until **January 1, 2023**[82](index=82&type=chunk) Company Regulatory Capital Ratios (June 30, 2020) | Capital Ratio | Actual Ratio | Minimum for Capital Adequacy (incl. buffer) | | :--- | :--- | :--- | | Common Equity Tier 1 | 13.14% | 7.0% | | Tier 1 Capital | 16.19% | 8.5% | | Total Risk Based Capital | 17.33% | 10.5% | | Leverage | 10.41% | 4.0% | [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=30&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management attributes strong performance to higher loan sale gains and PPP loan volume, while increasing provisions for COVID-19 related economic impacts - The company's response to the COVID-19 pandemic included funding 1,035 PPP loans totaling approximately **$130.1 million** and offering loan forbearance and modifications to impacted customers[99](index=99&type=chunk) - The increase in provision for loan losses to **$1.6 million** for the first six months of 2020 (from $600,000 in 2019) was primarily due to the estimated economic impact of the COVID-19 pandemic[116](index=116&type=chunk) - Total assets increased by **$120.5 million (12.1%) to $1.1 billion**, primarily driven by PPP loan originations; total deposits increased by **$109.2 million (13.1%)**, largely due to PPP funds and government stimulus[124](index=124&type=chunk)[131](index=131&type=chunk) Key Performance Ratios (Annualized) | Ratio | Six Months Ended June 30, 2020 | Six Months Ended June 30, 2019 | | :--- | :--- | :--- | | Return on average assets | 1.62% | 0.98% | | Return on average equity | 15.22% | 10.08% | | Net interest margin | 3.69% | 3.42% | [Financial Condition and Asset Quality](index=38&type=section&id=Financial%20Condition%20and%20Asset%20Quality) Total assets reached $1.1 billion due to PPP loans, though asset quality showed stress with increased classified and non-accrual loans - The increase in classified loans was primarily attributed to the impact of **COVID-19** and continued weakness in the **agriculture industry**[126](index=126&type=chunk) Asset Quality Indicators | (In thousands) | June 30, 2020 | Dec 31, 2019 | | :--- | :--- | :--- | | Classified Loans | $26,013 | $18,117 | | Non-accrual Loans | $8,245 | $5,546 | | % of Gross Loans | 1.18% | 1.03% | | Impaired Loans | $11,908 | $8,680 | | Allowance for Loan Losses | $7,747 | $6,467 | COVID-19 Loan Modifications by Industry (June 30, 2020) | (In thousands) | Commercial Real Estate | Commercial | Other | Total | | :--- | :--- | :--- | :--- | :--- | | Accommodations and hotels | $9,920 | $0 | $0 | $9,920 | | Real estate rental (non-owner) | $8,511 | $0 | $4,720 | $13,231 | | Restaurants | $3,779 | $820 | $0 | $4,599 | | **Total Modifications** | **$33,786** | **$6,728** | **$14,196** | **$54,710** | [Liquidity and Capital](index=40&type=section&id=Liquidity%20and%20Capital) The company maintained a strong liquidity position and robust capital levels, remaining 'well capitalized' while continuing its quarterly dividend - Liquid assets (cash and AFS securities) totaled **$325.0 million** at June 30, 2020[136](index=136&type=chunk) - The company has significant available credit, including **$67.2 million** from FHLB, **$107.3 million** from the Federal Reserve discount window, and **$30.0 million** from correspondent banks[137](index=137&type=chunk) - Both the Company and the Bank met all capital adequacy requirements to be deemed **'well capitalized'** as of June 30, 2020[142](index=142&type=chunk) - A quarterly cash dividend of **$0.20 per share** was paid during Q2 2020[144](index=144&type=chunk) [Quantitative and Qualitative Disclosures about Market Risk](index=44&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20about%20Market%20Risk) The company manages interest rate risk, with models showing minimal impact on net interest income from a 100 basis point rate change Interest Rate Sensitivity Analysis (12-Month Horizon) | Scenario | Dollar Change in Net Interest Income ($000s) | Percent Change in Net Interest Income | | :--- | :--- | :--- | | +200 basis points | $81 | 0.2% | | +100 basis points | $(127) | (0.4%) | | -100 basis points | $58 | 0.2% | [Controls and Procedures](index=46&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were effective, with no material changes to internal controls during the quarter - The Company's management, including the CEO and CFO, concluded that disclosure controls and procedures were **effective** as of June 30, 2020[163](index=163&type=chunk) - **No changes** in internal control over financial reporting occurred during the quarter ended June 30, 2020, that materially affected or are reasonably likely to materially affect the controls[164](index=164&type=chunk) PART II - OTHER INFORMATION [Legal Proceedings](index=47&type=section&id=Item%201.%20Legal%20Proceedings) The company is not party to any material legal proceedings outside of ordinary routine litigation - There are **no material pending legal proceedings** against the Company or its subsidiaries outside of ordinary routine litigation[167](index=167&type=chunk) [Risk Factors](index=47&type=section&id=Item%201A.%20Risk%20Factors) The COVID-19 pandemic is identified as a significant new risk factor, potentially impacting the economy, customers, and company operations - A new risk factor has been added regarding the adverse impact of the **COVID-19 pandemic** on the economy, customers, and company operations[168](index=168&type=chunk) - The pandemic is expected to cause disruptions leading to **decreased earnings, loan defaults, and potential material losses** in the loan portfolio[169](index=169&type=chunk)[173](index=173&type=chunk) - Borrowers in the **retail, restaurant, hospitality, and agriculture industries** are identified as being particularly vulnerable, which could lead to increased loan defaults[170](index=170&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=48&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company repurchased 15,757 shares during the quarter as part of its publicly announced stock repurchase programs - As of June 30, 2020, **227,002 shares** may yet be purchased under the company's announced stock repurchase plans[174](index=174&type=chunk) Share Repurchases for Q2 2020 | Period | Total Shares Purchased | Average Price Paid per Share | | :--- | :--- | :--- | | April 1-30, 2020 | 15,757 | $20.73 | | May 1-31, 2020 | - | - | | June 1-30, 2020 | - | - | | **Total** | **15,757** | **$20.73** | [Defaults Upon Senior Securities](index=48&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) The company reported no defaults upon senior securities - There were **no defaults** upon senior securities[175](index=175&type=chunk) [Mine Safety Disclosures](index=48&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This section is not applicable to the company - Not applicable[176](index=176&type=chunk) [Other Information](index=48&type=section&id=Item%205.%20Other%20Information) No other information was reported for the period - No other information was reported[177](index=177&type=chunk) [Exhibits](index=48&type=section&id=Item%206.%20Exhibits) The report includes required CEO/CFO certifications and Interactive Data Files as exhibits - Exhibits filed include **CEO/CFO certifications** and **Interactive Data Files (Inline XBRL)**[178](index=178&type=chunk)

Landmark Bancorp, Inc. (NASDAQ:LARK) Q2 2020 Results Earnings Conference Call July 30, 2020 11:00 AM ET Company Participants Michael Scheopner - President and CEO Mark Herpich - Chief Financial Officer Conference Call Participants John Rodis - FIG Partners Operator Good morning. And welcome to Landmark Bancorp’s Second Quarter Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator In ...

FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 OR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number 0-33203 LANDMARK BANCORP, INC. (Exact name of registrant as specified in its charter) | Delaware | 43-1930755 | | --- | - ...

Landmark Bancorp, Inc. (NASDAQ:LARK) Q1 2020 Earnings Conference Call May 6, 2020 11:00 AM ET Company Participants Michael Scheopner - President, CEO & Director Mark Herpich - Secretary, CFO & Treasurer Conference Call Participants John Rodis - Janney Montgomery Scott Operator Good morning, and welcome to the Landmark Corp. Conference Call. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to Michael Scheopner, Chief Executive Officer. Please go ...