Landmark Bancorp Inc

Landmark Bancorp Inc. is the bank holding company for Landmark National Bank, a Kansas-based commercial bank serving individuals, businesses, and agricultural customers. It generates revenue primarily through traditional banking activities such as loans, deposits, treasury services, and related fee-based financial services across its local branch footprint.

— Landmark Bancorp Inc
%
Loan Portfolio70% Interest-earning loans to businesses, farmers, and consumers, including commercial, real estate, construction, and agricultural credits.
Deposit Services15% Core checking, savings, money market, and time deposit accounts that fund lending and generate spread income.
Fee-Based Banking Services10% Treasury management, card, service-charge, and other banking fees tied to customer transaction activity.
Wealth and Trust Services5% Asset management, fiduciary, and related advisory services offered to retail and business clients.

The bank serves small and mid-sized businesses, local commercial borrowers, farmers, and retail households in its...

  • Commercial and small business borrowersprimary

    Businesses that borrow for working capital, equipment, and expansion, and value local credit decisions.

  • Agricultural borrowersprimary

    Farm operators and agribusinesses that need seasonal operating lines, equipment financing, and real estate credit.

  • Retail banking customerssecondary

    Individuals and households that buy deposit accounts, consumer loans, and payment services.

  • Commercial real estate clientssecondary

    Developers and property owners financing acquisition, construction, and income-producing real estate.

  • Wealth and trust clientsemerging

    Affluent individuals and business owners using fiduciary and advisory services for asset administration.

Landmark Bancorp is concentrated in the United States, with operations centered in Kansas and surrounding local markets...

  • •Operations are concentrated in Kansas and nearby local markets
  • •Revenue is primarily U.S.-based and driven by community banking activity
  • •Branch presence supports relationship lending and deposit gathering
  • •Local economic cycles affect credit quality and loan demand
  • •No meaningful international operating footprint is indicated

The company’s strategy is centered on relationship banking: gathering low-cost core deposits, originating disciplined...

01
Deposit franchise retention and growthshort-term

Core deposits lower funding costs and support loan growth in a spread-based bank model.

02
Prudent loan growth with credit disciplinemedium-term

Loan growth drives interest income, but underwriting quality is essential to protect asset quality and capital.

03
Capital return and balance sheet flexibilityshort-term

Share repurchases can enhance shareholder returns when excess capital is available and lending opportunities are measured.

As a community bank, Landmark Bancorp is exposed to local credit cycles, borrower concentration, and collateral values...

high

Local credit deterioration

Loan performance depends heavily on the economic health of Kansas-area borrowers and industries.

Scope
Commercial, agricultural, and consumer loan books
Materiality
high
high

Commercial real estate concentration

Property-backed lending can be affected by vacancy, refinancing risk, and collateral value declines.

Scope
Construction and income-producing real estate loans
Materiality
high
medium

Net interest margin compression

Bank earnings depend on the spread between loan yields and deposit/funding costs.

Scope
Core banking spread income
Materiality
high
medium

Deposit competition and liquidity pressure

Rising competition for deposits can force higher rates and reduce funding stability.

Scope
Core deposit franchise
Materiality
medium
medium

Regulatory and capital constraints

Bank holding companies must maintain capital and comply with banking supervision requirements.

Scope
Capital management and share repurchases
Materiality
medium
Allowance for credit losses
Directly affects net income and reserve levels
Loan nonaccrual and interest recognition
Affects net interest income and credit metrics
Fair value of investment securities
Affects accumulated OCI and equity
Share repurchase accounting
Affects shareholders' equity and regulatory capital

TRUSTMARK CORP

TRMK · National Commercial Banks

Commercial Bancgroup, Inc.

CBK · State Commercial Banks

Lake Shore Bancorp, Inc. /MD/

LSBK · Savings Institution, Federally Chartered

FARMERS & MERCHANTS BANCORP

FMCB · National Commercial Banks

OLD NATIONAL BANCORP /IN/

ONB · National Commercial Banks

VALLEY NATIONAL BANCORP

VLY · National Commercial Banks

: 28/04/2026