UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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 June 30, 2019 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) | Delaware | 43-1930755 | | --- | -- ...

Landmark Bancorp Inc. (NASDAQ:LARK) Q2 2019 Earnings Conference Call July 24, 2019 11:00 AM ET Corporate Participants Michael Scheopner - President and Chief Executive Officer Mark Herpich - Chief Financial Officer Conference Call Participants Operator Good day, and welcome to the Landmark Bancorp Second Quarter Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to Mr. Michael ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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, 2019 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) Delaware 43-1930755 (State or other ...

Financial Data and Key Metrics Changes - The company reported net earnings of $2.2 million or $0.50 per share for Q1 2019, a 4% increase from the previous year [4] - Return on average assets was 0.91% and return on average equity was 9.52% for the quarter [4] - Net interest income increased by $602,000 or 9.1% to $7.2 million compared to Q1 2018 [11] - Non-interest income decreased by $145,000 or 4.3% to $3.3 million for Q1 2019 [13] - Non-interest expenses increased by $288,000 to $7.7 million, primarily due to increased compensation and benefits [15] - Effective tax rate increased from 10.9% in Q1 2018 to 13.5% in Q1 2019 [16] Business Line Data and Key Metrics Changes - The loan portfolio increased by $1.3 million to $490.7 million as of March 31, 2019 [17] - Non-accrual loans totaled $6.7 million or 1.35% of gross loans, an increase from 1.06% at year-end 2018 [20] - The construction and land loan portfolio was $18.4 million or 3.7% of total loans [26] - Commercial real estate loans totaled $141 million, representing 28.4% of the total loan portfolio [27] - Agricultural loans were $94.9 million or 19.1% of the total loan portfolio [28] Market Data and Key Metrics Changes - The company has a strong presence across the State of Kansas and is focused on growing customer relationships [8][31] - The loan growth is spread across all geographic markets, supported by the addition of commercial bankers in key areas [24] Company Strategy and Development Direction - The management team is focused on conservative and disciplined management, underwriting loans prudently, and monitoring interest rate risks [7][30] - The company aims to maintain a diversified mix in the loan portfolio across types and geography [26] - The company is actively pursuing M&A opportunities but has not found the right fit yet [45] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the overall loan portfolio despite challenges in the agricultural sector [40] - The company anticipates continued solid earnings and loan growth throughout 2019 [32] - Management is preparing for the implementation of CECL and believes they are well-positioned [64][65] Other Important Information - The Board of Directors declared a cash dividend of $0.20 per share, marking the 71st consecutive quarterly cash dividend [5] - Total assets decreased by $4.8 million to $981 million as of March 31, 2019 [17] - Stockholders' equity increased to $96.8 million, resulting in a book value of $22.15 per share [18] Q&A Session Summary Question: Increase in non-performers and Ag loan details - Management noted that a specific Agri business relationship increased non-accruals but is well secured and expected to resolve [39] Question: Overall portfolio health - Management feels confident about the overall loan portfolio despite industry stress [40] Question: Loan growth expectations - Management aims to replicate last year's growth, targeting low double-digit growth [41][42] Question: Net interest margin outlook - Management expects to maintain or slightly increase net interest margins due to loan growth [43] Question: M&A environment - The company is actively pursuing M&A opportunities but has not found the right one yet [45] Question: SBA lending strategy - The SBA portfolio is around $10 million to $12 million, and the company will continue to pursue SBA loans within credit risk disciplines [53][54] Question: Loan loss provision adequacy - Management believes the current loan loss provision is adequate based on historical losses [56] Question: Tax rate expectations - Management expects a more appropriate tax rate of around 13% going forward [62] Question: Branch rationalization and digital strategy - The company is reviewing branch rationalization but currently has no plans for adjustments; they are focusing on enhancing digital banking services [70][71] Question: Mortgage origination efforts - The company generates around $200 million in one-to-four family originations annually and has a strong mortgage origination platform [74]

Part I [Business](index=4&type=section&id=ITEM%201.%20BUSINESS) Landmark Bancorp, Inc. is a Delaware-incorporated financial holding company with $985.8 million in consolidated total assets as of December 31, 2018, primarily owning Landmark National Bank which focuses on commercial, real estate, and agricultural lending across 29 branches in Kansas - Landmark Bancorp, Inc. is a financial holding company with **$985.8 million** in consolidated total assets as of December 31, 2018. Its main subsidiary is Landmark National Bank[12](index=12&type=chunk) - The Bank's strategy focuses on increasing originations of commercial, commercial real estate, and agricultural loans, diversifying its deposit mix, and expanding its geographical markets through acquisitions and branching[14](index=14&type=chunk) - The company operates **29 branch offices** in **23 communities** across central, eastern, southeast, and southwest Kansas, serving diverse economic bases including university towns, government centers, metropolitan suburbs, and agricultural regions[14](index=14&type=chunk)[20](index=20&type=chunk) - The company and its bank are extensively regulated by various federal agencies, including the Federal Reserve, OCC, and FDIC. Recent legislation like the Economic Growth, Regulatory Relief and Consumer Protection Act (Regulatory Relief Act) has modified some regulatory burdens for smaller institutions[41](index=41&type=chunk)[42](index=42&type=chunk) [Lending Activities](index=6&type=section&id=Lending%20Activities) The Bank offers a full range of financial products, strategically focusing on growing commercial, commercial real estate, and agriculture loans while adhering to regulatory underwriting standards - The Bank's primary lending focus is on originating commercial, commercial real estate, and agricultural loans to drive growth and diversify its portfolio[14](index=14&type=chunk)[40](index=40&type=chunk) - Key loan categories include: - **One-to-Four Family Residential:** Majority of new originations are sold in the secondary market - **Commercial Real Estate:** Generally amortized over 15-20 years, limited to **80% of appraised value** - **Commercial Lending:** Targets owner-operated businesses, utilizing cash flow and collateral analysis, includes SBA loans - **Agriculture Lending:** Includes real estate, operating, and equipment loans, with credit decisions based on repayment ability and collateral like federal guarantees and crop insurance[29](index=29&type=chunk)[31](index=31&type=chunk)[32](index=32&type=chunk)[34](index=34&type=chunk) [Supervision and Regulation](index=8&type=section&id=Supervision%20and%20Regulation) The Company and Bank are subject to comprehensive federal regulation by the Federal Reserve, OCC, and FDIC, requiring compliance with Basel III capital rules and benefiting from recent regulatory relief for community banks - The Company and its subsidiary bank are extensively regulated by the Federal Reserve, OCC, and FDIC, primarily for the protection of depositors[41](index=41&type=chunk)[61](index=61&type=chunk)[73](index=73&type=chunk) - Under the Basel III Rule, the company must meet stringent capital requirements. As of December 31, 2018, both the Company and the Bank were **well-capitalized**, exceeding all minimum regulatory capital ratios[51](index=51&type=chunk)[57](index=57&type=chunk) Well-Capitalized Requirements | Capital Ratio | Minimum Requirement to be Well-Capitalized | | :--- | :--- | | Common Equity Tier 1 to risk-weighted assets | 6.5% or more | | Tier 1 Capital to risk-weighted assets | 8.0% or more | | Total Capital to risk-weighted assets | 10.0% or more | | Tier 1 Capital to total adjusted average quarterly assets | 5.0% or greater | - The Economic Growth, Regulatory Relief and Consumer Protection Act of 2018 offers potential regulatory relief, including a proposed single "Community Bank Leverage Ratio" (CBLR) of **9%** as an alternative to the complex Basel III risk-based capital rules[42](index=42&type=chunk)[59](index=59&type=chunk) [Statistical Data](index=18&type=section&id=Statistical%20Data) This section provides detailed statistical data on the company's financial performance and position, including net interest income analysis, portfolio composition, non-performing assets, and key performance ratios Net Interest Income Change Analysis (2018 vs 2017) | (in thousands) | Increase/(Decrease) Attributable to Volume | Increase/(Decrease) Attributable to Rate | Net Change | | :--- | :--- | :--- | :--- | | **Total Interest Income** | $1,568 | $931 | $2,499 | | **Total Interest Expense** | $257 | $1,523 | $1,780 | | **Net Interest Income** | **$1,311** | **$(592)** | **$719** | Loan Portfolio Composition (as of Dec 31, 2018) | Loan Type | Balance (in thousands) | Percent of Total | | :--- | :--- | :--- | | One-to-four family residential | $136,895 | 27.6% | | Commercial real estate | $138,967 | 28.1% | | Agriculture loans | $96,632 | 19.5% | | Commercial loans | $74,289 | 15.0% | | Construction and land loans | $20,083 | 4.1% | | Consumer loans | $25,428 | 5.1% | | Municipal loans | $2,953 | 0.6% | | **Total Gross Loans** | **$495,247** | **100.0%** | Non-Performing Assets Trend | (in thousands) | 2018 | 2017 | 2016 | | :--- | :--- | :--- | :--- | | Non-accrual loans | $5,236 | $6,041 | $2,746 | | Real estate owned, net | $35 | $436 | $1,279 | | **Total Non-performing assets** | **$5,271** | **$6,477** | **$4,025** | Key Performance Ratios | Ratio | 2018 | 2017 | 2016 | | :--- | :--- | :--- | :--- | | Return on average assets | 1.09% | 0.47% | 1.00% | | Return on average equity | 12.09% | 4.98% | 10.34% | | Dividend payout ratio | 31.88% | 71.89% | 32.90% | [Risk Factors](index=27&type=section&id=ITEM%201A.%20RISK%20FACTORS) The company faces significant credit risk from its loan portfolio concentrated in commercial, real estate, and agriculture, alongside economic, competitive, interest rate, regulatory, and operational risks including cybersecurity threats - The company faces significant credit risk, with a loan portfolio concentrated in commercial, real estate, and agriculture loans. A prolonged weakness in the agricultural economy could materially harm business operations[136](index=136&type=chunk)[140](index=140&type=chunk) - Real estate lending constitutes a large portion of the loan portfolio (**59.8%** at year-end 2018), making the company vulnerable to fluctuations in real estate market values[144](index=144&type=chunk) - The business is highly dependent on the economic health of its operating markets in Kansas. Adverse local economic conditions could reduce growth and affect customers' ability to repay loans[149](index=149&type=chunk) - Operational risks include intense competition, the need for technological adaptation, and the threat of fraudulent activity and cybersecurity incidents, which could lead to financial losses and reputational damage[155](index=155&type=chunk)[169](index=169&type=chunk)[170](index=170&type=chunk) - A new accounting standard, Current Expected Credit Loss (CECL), effective after December 15, 2019, is expected to require an increase in the allowance for loan losses, potentially affecting financial condition and results[182](index=182&type=chunk) [Unresolved Staff Comments](index=38&type=section&id=ITEM%201B.%20UNRESOLVED%20STAFF%20COMMENTS) The company reports no unresolved staff comments - None[194](index=194&type=chunk) [Properties](index=38&type=section&id=ITEM%202.%20PROPERTIES) The company operates 29 offices in 23 Kansas communities, owning 27 locations and leasing two branch offices and a new loan production office space - The company owns **27 of its 29** office locations and leases the remaining two[194](index=194&type=chunk) [Legal Proceedings](index=38&type=section&id=ITEM%203.%20LEGAL%20PROCEEDINGS) The company is not a party to any material pending legal proceedings beyond ordinary routine litigation incidental to its business - There are no material pending legal proceedings against the Company or the Bank outside of ordinary business litigation[195](index=195&type=chunk) [Mine Safety Disclosures](index=38&type=section&id=ITEM%204.%20MINE%20SAFETY%20DISCLOSURES) This item is not applicable to the company - Not applicable[196](index=196&type=chunk) Part II [Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities](index=39&type=section&id=ITEM%205.%20MARKET%20FOR%20REGISTRANT%27S%20COMMON%20EQUITY%2C%20RELATED%20STOCKHOLDER%20MATTERS%20AND%20ISSUER%20PURCHASES%20OF%20EQUITY%20SECURITIES) The company's common stock trades on the Nasdaq Global Market under "LARK", with an active stock repurchase program that saw no shares repurchased in 2018 - The company's common stock trades on the Nasdaq Global Market under the ticker symbol "**LARK**"[199](index=199&type=chunk) - A stock repurchase program is active, with **108,006 shares** remaining for repurchase as of December 31, 2018. No shares were repurchased in 2018[200](index=200&type=chunk) [Selected Financial Data](index=40&type=section&id=ITEM%206.%20SELECTED%20FINANCIAL%20DATA) This section summarizes five years of key financial and operational data from 2014 to 2018, highlighting trends in assets, loans, deposits, earnings, and performance ratios Selected Financial Data (2016-2018) | (in thousands, except per share) | 2018 | 2017 | 2016 | | :--- | :--- | :--- | :--- | | **Total assets** | $985,784 | $929,454 | $911,382 | | **Loans, net** | $489,373 | $433,743 | $420,461 | | **Deposits** | $823,648 | $765,558 | $741,521 | | **Stockholders' equity** | $91,901 | $87,622 | $84,951 | | **Net interest income** | $27,788 | $26,115 | $26,039 | | **Net earnings** | $10,426 | $4,369 | $8,961 | | **Diluted EPS** | $2.39 | $1.01 | $2.10 | | **Return on average assets** | 1.09% | 0.47% | 1.00% | | **Return on average equity** | 12.09% | 4.98% | 10.34% | [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=41&type=section&id=ITEM%207.%20MANAGEMENT%27S%20DISCUSSION%20AND%20ANALYSIS%20OF%20FINANCIAL%20CONDITION%20AND%20RESULTS%20OF%20OPERATIONS) Management discusses financial performance, including a significant 2017 deposit-related loss and 2018 recovery, loan growth, net interest margin compression, and asset quality trends [Comparison of Operating Results for 2018 and 2017](index=43&type=section&id=Comparison%20of%20Operating%20Results%20for%202018%20and%202017) Net earnings surged 138.6% in 2018 to $10.4 million, recovering from a significant 2017 deposit-related loss, while net interest income grew and net interest margin slightly compressed - A significant event was a **$10.3 million** overdraft in 2017, resulting in an **$8.1 million** pre-tax loss for that year. The company recovered **$1.5 million** of this loss in 2018[217](index=217&type=chunk) Key Operating Results (2018 vs. 2017) | (in millions) | 2018 | 2017 | % Change | | :--- | :--- | :--- | :--- | | Net Earnings | $10.4 | $4.4 | 138.6% | | Net Interest Income | $27.8 | $26.1 | 6.4% | | Provision for Loan Losses | $1.4 | $0.45 | 211.1% | | Non-interest Income | $15.6 | $15.3 | 2.2% | | Non-interest Expense | $30.4 | $37.4 | (18.9)% | - The net interest margin decreased slightly from **3.40%** in 2017 to **3.37%** in 2018, primarily due to the reduction in the federal corporate income tax rate (which affects tax-equivalent yields) and a higher cost of deposits[219](index=219&type=chunk) [Comparison of Operating Results for 2017 and 2016](index=45&type=section&id=Comparison%20of%20Operating%20Results%20for%202017%20and%202016) Net earnings declined 51.2% in 2017 to $4.4 million due to an $8.1 million pre-tax deposit-related loss, despite a modest increase in net interest income - The primary driver for the **51.2% decrease** in net earnings in 2017 was the **$8.1 million** pre-tax deposit-related loss[232](index=232&type=chunk)[239](index=239&type=chunk) Key Operating Results (2017 vs. 2016) | (in millions) | 2017 | 2016 | % Change | | :--- | :--- | :--- | :--- | | Net Earnings | $4.4 | $9.0 | (51.2)% | | Net Interest Income | $26.1 | $26.0 | 0.3% | | Provision for Loan Losses | $0.45 | $0.50 | (10.0)% | | Non-interest Income | $15.2 | $14.9 | 2.6% | | Non-interest Expense | $37.5 | $29.1 | 28.5% | [Financial Condition](index=47&type=section&id=Financial%20Condition) Total assets grew to $985.8 million in 2018 driven by loan growth, with mixed asset quality signals, increased deposits, and strong liquidity and capital positions exceeding regulatory thresholds - Total assets increased to **$985.8 million** at year-end 2018, up from **$929.5 million** in 2017, primarily due to growth in the net loan portfolio, which rose to **$489.4 million**[245](index=245&type=chunk) - Asset quality showed mixed signals: classified loans increased from **$16.3 million** to **$31.8 million**, but non-accrual loans decreased from **$6.0 million** to **$5.2 million**[247](index=247&type=chunk)[248](index=248&type=chunk) - Total deposits grew by **$58.0 million** to **$823.6 million** in 2018, with a notable increase in time deposits, including **$61.9 million** in brokered certificates of deposits[255](index=255&type=chunk) - The Bank maintained a strong capital position, with a leverage ratio of **10.15%** and a total risk-based capital ratio of **17.32%** as of December 31, 2018, exceeding well-capitalized standards[265](index=265&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=51&type=section&id=ITEM%207A.%20QUANTITATIVE%20AND%20QUALITATIVE%20DISCLOSURES%20ABOUT%20MARKET%20RISK) The company's primary market risk is interest rate risk, which it manages through its Asset/Liability Management Committee using simulation models and interest rate "gap" analysis. Simulation results as of December 31, 2018, indicate that a 200 basis point rise in interest rates would decrease net interest income by 7.5% over a one-year horizon, while a 100 basis point fall would increase it by 2.7%. The gap analysis shows the company is liability-sensitive in the short-term (under 3 months) but becomes asset-sensitive in longer-term repricing periods Net Interest Income Sensitivity Analysis | Scenario | $ Change in Net Interest Income (in thousands) | % Change in Net Interest Income | | :--- | :--- | :--- | | 200 basis point rising | $(2,306) | (7.5)% | | 100 basis point rising | $(1,139) | (3.7)% | | 100 basis point falling | $815 | 2.7% | - The company's interest rate gap analysis as of December 31, 2018, shows a negative gap of (**$12.5 million**) for assets and liabilities repricing in 3 months or less, indicating short-term liability sensitivity. The cumulative gap becomes positive in longer repricing periods[279](index=279&type=chunk) [Financial Statements and Supplementary Data](index=54&type=section&id=ITEM%208.%20FINANCIAL%20STATEMENTS%20AND%20SUPPLEMENTARY%20DATA) This section contains the company's audited consolidated financial statements for the years ended December 31, 2018, 2017, and 2016, along with the report of the independent registered public accounting firm, Crowe LLP. The statements include the Consolidated Balance Sheets, Statements of Earnings, Statements of Comprehensive Income, Statements of Stockholders' Equity, and Statements of Cash Flows, accompanied by detailed notes explaining significant accounting policies and providing further detail on financial statement components [Consolidated Financial Statements](index=56&type=section&id=Consolidated%20Financial%20Statements) The consolidated financial statements present the company's financial position with $985.8 million in total assets and $10.4 million in net earnings for 2018, along with cash flow details Consolidated Balance Sheet Highlights (as of Dec 31) | (in thousands) | 2018 | 2017 | | :--- | :--- | | **Total Assets** | **$985,784** | **$929,454** | | Loans, net | $489,373 | $433,743 | | Investment securities available-for-sale | $388,345 | $387,983 | | **Total Liabilities** | **$893,883** | **$841,832** | | Total deposits | $823,648 | $765,558 | | **Total Stockholders' Equity** | **$91,901** | **$87,622** | Consolidated Statement of Earnings Highlights (Year ended Dec 31) | (in thousands) | 2018 | 2017 | 2016 | | :--- | :--- | :--- | :--- | | Net Interest Income | $27,788 | $26,115 | $26,039 | | Provision for Loan Losses | $1,400 | $450 | $500 | | Non-interest Income | $15,571 | $15,284 | $14,850 | | Non-interest Expense | $30,365 | $37,477 | $29,114 | | **Net Earnings** | **$10,426** | **$4,369** | **$8,961** | [Notes to Consolidated Financial Statements](index=62&type=section&id=Notes%20to%20Consolidated%20Financial%20Statements) The notes detail accounting policies, portfolio breakdowns, allowance for loan losses, goodwill, deposit structures, income taxes, employee benefits, regulatory capital, and the 2017 deposit-related loss - The upcoming CECL accounting standard, effective January 1, 2020, is expected to increase the allowance for loan losses upon adoption, though the exact impact is still uncertain[347](index=347&type=chunk) - As of December 31, 2018, the company had **$8.7 million** in impaired loans, a decrease from **$9.8 million** in 2017. The allowance for loan losses allocated to these impaired loans was **$310,000**[365](index=365&type=chunk) - The company's goodwill of **$17.5 million** was tested for impairment as of December 31, 2018, and no impairment was found[376](index=376&type=chunk) - The company and the Bank are subject to Basel III capital rules and were categorized as **well-capitalized** under the regulatory framework as of December 31, 2018[434](index=434&type=chunk)[436](index=436&type=chunk) [Changes in and Disagreements with Accountants on Accounting and Financial Disclosure](index=98&type=section&id=ITEM%209.%20CHANGES%20IN%20AND%20DISAGREEMENTS%20WITH%20ACCOUNTANTS%20ON%20ACCOUNTING%20AND%20FINANCIAL%20DISCLOSURE) The company reports no changes in or disagreements with its accountants on accounting and financial disclosure - None[450](index=450&type=chunk) [Controls and Procedures](index=98&type=section&id=ITEM%209A.%20CONTROLS%20AND%20PROCEDURES) Management, including the CEO and CFO, evaluated the company's disclosure controls and procedures and concluded they were effective as of December 31, 2018. Management also assessed the internal control over financial reporting using the COSO framework and concluded it was effective. The independent registered public accounting firm, Crowe LLP, also issued an unqualified opinion on the effectiveness of the company's internal control over financial reporting - Management concluded that the Company's disclosure controls and procedures were effective as of December 31, 2018[450](index=450&type=chunk) - Based on the COSO framework, management concluded that the Company's internal control over financial reporting was effective as of December 31, 2018[453](index=453&type=chunk) [Other Information](index=98&type=section&id=ITEM%209B.%20OTHER%20INFORMATION) The company reports no other information for this item - None[455](index=455&type=chunk) Part III [Directors, Executive Officers and Corporate Governance](index=99&type=section&id=ITEM%2010.%20DIRECTORS%2C%20EXECUTIVE%20OFFICERS%20AND%20CORPORATE%20GOVERNANCE) Information regarding directors, executive officers, and corporate governance is incorporated by reference from the company's Proxy Statement for the annual meeting of stockholders to be held on May 22, 2019. The report lists the current executive officers of the Company and the Bank - Information for this item is incorporated by reference from the 2019 Proxy Statement[457](index=457&type=chunk) [Executive Compensation](index=99&type=section&id=ITEM%2011.%20EXECUTIVE%20COMPENSATION) Information regarding executive compensation is incorporated by reference from the company's 2019 Proxy Statement - Information for this item is incorporated by reference from the 2019 Proxy Statement[459](index=459&type=chunk) [Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters](index=100&type=section&id=ITEM%2012.%20SECURITY%20OWNERSHIP%20OF%20CERTAIN%20BENEFICIAL%20OWNERS%20AND%20MANAGEMENT%20AND%20RELATED%20STOCKHOLDER%20MATTERS) Information regarding security ownership is incorporated by reference from the 2019 Proxy Statement. A table provides details on the company's equity compensation plans as of December 31, 2018, showing securities to be issued upon exercise of outstanding options and securities available for future issuance Equity Compensation Plan Information (as of Dec 31, 2018) | Plan Category | Securities to be issued upon exercise (Shares) | Weighted-average exercise price | Securities remaining for future issuance (Shares) | | :--- | :--- | :--- | :--- | | Equity compensation plans approved by security holders | 68,706 | $17.97 | 240,480 | [Certain Relationships and Related Transactions, and Director Independence](index=100&type=section&id=ITEM%2013.%20CERTAIN%20RELATIONSHIPS%20AND%20RELATED%20TRANSACTIONS%2C%20AND%20DIRECTOR%20INDEPENDENCE) Information regarding certain relationships, related transactions, and director independence is incorporated by reference from the company's 2019 Proxy Statement - Information for this item is incorporated by reference from the 2019 Proxy Statement[463](index=463&type=chunk) [Principal Accountant Fees and Services](index=100&type=section&id=ITEM%2014.%20PRINCIPAL%20ACCOUNTANT%20FEES%20AND%20SERVICES) Information regarding principal accountant fees and services is incorporated by reference from the company's 2019 Proxy Statement - Information for this item is incorporated by reference from the 2019 Proxy Statement[464](index=464&type=chunk) Part IV [Exhibits and Financial Statement Schedules](index=101&type=section&id=ITEM%2015.%20EXHIBITS%20AND%20FINANCIAL%20STATEMENT%20SCHEDULES) This section lists the financial statements included in Item 8 and the exhibits filed with the Form 10-K. Key exhibits include merger agreements, corporate governance documents, employment agreements, stock incentive plans, and CEO/CFO certifications - This section lists all financial statements, schedules, and exhibits filed as part of the annual report[467](index=467&type=chunk) [Form 10-K Summary](index=103&type=section&id=ITEM%2016.%20FORM%2010-K%20SUMMARY) The company reports that there is no Form 10-K summary - None[475](index=475&type=chunk)

Landmark Bancorp Inc. (NASDAQ:LARK) Q4 2018 Earnings Conference Call January 30, 2019 11:00 AM ET Company Participants Michael Scheopner - President and CEO Mark Herpich - CFO Operator Good morning, ladies and gentlemen and welcome to the Landmark Bancorp Fourth Quarter Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note that this event is being recorded. At this time, I would like to turn the conference over to Michael Scheopner, President and Chief E ...