secwatch.observer — SEC 8-K summary
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Issuer:     LANDMARK BANCORP INC (LARK)
CIK:        0001141688
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001493152-22-030216
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Landmark Bancorp Q3 EPS $0.50 vs $0.90 YoY; cash dividend $0.21 and 5% stock dividend declared
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- Net earnings $2.5M, down from $4.5M in Q3 2021; diluted EPS $0.50 vs $0.90 YoY.
- Gross loans increased $41.4M (24.5% annualized) from prior quarter; loan growth driven by commercial real estate, residential, agricultural, and commercial loans.
- Net interest income rose 24.7% annualized from Q2 2022, net interest margin expanded to 3.21%.
- Cash dividend $0.21/share payable Nov 30 to holders of record Nov 16; 5% stock dividend payable Dec 16 to holders of record Dec 2.
- Completed acquisition of Freedom Bancshares on Oct 1, 2022 (not in Q3 results); acquired $118M loans and $150M deposits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1141688/000149315222030216/0001493152-22-030216-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1141688/000149315222030216/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-030216

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