---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-003154"
form_type: "8-K"
ticker: "LARK"
cik: "0001141688"
company_name: "LANDMARK BANCORP INC"
filed_at: "2023-01-31T23:59:59+00:00"
generated_at: "2026-06-20T05:00:57.436577+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Landmark Bancorp Q4 2022 EPS $0.23, $1.2M net income; adjusted EPS $0.67

## Summary
- Diluted EPS $0.23 vs $0.60 in Q4 2021; net earnings $1.2M vs $3.1M.
- Excluding $3.0M acquisition costs, adjusted diluted EPS $0.67 and net earnings $3.5M.
- Board declared $0.21/share cash dividend, payable March 1, 2023 to record Feb. 15, 2023.
- Completed acquisition of Freedom Bancshares on Oct. 1, 2022, adding $118M loans and $150M deposits.
- Net interest margin expanded to 3.53% from 3.17% YoY; loan growth 11.6% annualized excluding acquisition.

## SEC filing metadata
- accession: 0001493152-23-003154
- form_type: 8-K
- ticker: LARK
- cik: 0001141688
- company_name: LANDMARK BANCORP INC
- filed_at: 2023-01-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1141688/000149315223003154/0001493152-23-003154-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1141688/000149315223003154/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-003154
- JSON: https://secwatch.observer/filing/0001493152-23-003154.json
- Plain text: https://secwatch.observer/filing/0001493152-23-003154.txt

## Key facts
- Earnings Releases
  LANDMARK BANCORP INC reported year ended December 31, 2022 results: net income 9.9 million, EPS 1.88.
  - Period: year ended December 31, 2022
  - Net income: 9.9 million
  - EPS: 1.88
  - Result: reported results
  source text: For the year ended December 31, 2022, diluted earnings per share totaled $1.88 compared to $3.42 during 2021. Net earnings for 2022 amounted to $9.9 million, compared to $18.0 million in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1141688/000149315223003154/0001493152-23-003154-index.htm
- Earnings Releases
  LANDMARK BANCORP INC reported three months ended December 31, 2022 results: net income 1.2 million, EPS 0.23.
  - Period: three months ended December 31, 2022
  - Net income: 1.2 million
  - EPS: 0.23
  - Result: reported results
  source text: Landmark Bancorp, Inc. (“Landmark”; Nasdaq: LARK) reported diluted earnings per share of $0.23 for the three months ended December 31, 2022, compared to $0.48 per share in the third quarter of 2022 and $0.60 per share in the same quarter last year. Net earnings for the fourth quarter of 2022 amounted to $1.2 million, compared to $2.5 million in the prior quarter and $3.1 million for the fourth quarter of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1141688/000149315223003154/0001493152-23-003154-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
