Manhattan bank reports profits in third quarter

By The Mercury

Landmark Bancorp, Inc, reported net earnings of $1,300,000 for the quarter ended September 30, compared to $1,200,000 for the third quarter of 2012. For the nine months ended Sept. 30, Landmark reported net earnings of $4.1 million, compared to $4.8 million in the first nine months of 2012.

Also, Landmark’s board of directors declared a cash dividend of $0.19 per share, to be paid Dec. 9 to common stockholders of record on Nov. 27. The board also declared a 5 percent stock dividend issuable Dec, 16 to common stockholders of record on Dec. 2. This is the 13th consecutive year that the Board has declared a 5 percent stock dividend.

Landmark Bancorp, Inc., the holding company for Landmark National Bank, is listed on the NASDAQ Global Market under the symbol “LARK.” Landmark National Bank is a community banking organization headquartered in Manhattan. Landmark National Bank has 30 locations in 23 communities across Kansas.

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