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Landmark Bancorp Inc. (LARK) is Banking on Communities for Growth

Founded in 1920, Landmark Bancorp Inc. is a bank holding company which operates a wholly-owned subsidiary called Landmark National Bank. Both the holding company and the bank’s headquarters are in Manhattan, Kansas. Landmark Bancorp Inc. trades on the NASDAQ as a Regional-Southwest bank. Their current market capitalization is $45.36M.

Landmark National Bank’s mission is to provide quality services to their local communities. They have full service banks operating in Auburn, Dodge City, Ft. Scott, Garden City, Great Bend, Hoisington, Junction City, LaCrosse, Lawrence, Louisburg, Manhattan, Osage City, Osawatomie, Paola, Topeka, and Wamego, Kansas. Throughout these areas, Landmark National Bank provides financial products and services to small and medium-sized businesses and consumers.

The company’s loan offerings include residential mortgage loans, consumer loans, home equity loans, small business loans, commercial loans, and commercial real estate loans. Landmark National Bank operates through their branch network, ATMs, telephone banking, and Internet banking system. The company has seen growth as a result of their stated goal to be a high-quality, service oriented, community financial institution. With this focus, they believe they can adapt to the specific banking needs of specific communities in Kansas.

Landmark National Bank’s deposit offerings include checking accounts, savings accounts, money market accounts, and NOW accounts. They also offer safety deposit boxes and Treasury Tax deposits where businesses can pay taxes and social security contributions. With their Treasury Tax deposit service they make sure Federal withholding, FICA, and Federal income tax payments deposited into a special account at the bank are credited to the IRS immediately.

The bank is one of the leading financial institutions in Kansas. They are continually expanding their services and products to more offices over a greater geographical area. They want customers to view them as the premier community banking organization in their market area. Landmark Bancorp Inc.’s plans are to grow through strategic acquisitions and by establishing new branches in select communities. The company relies on market-based banking where bank managers and their staff can respond to customers in their particular communities promptly and in a personalized manner.

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