---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-015185"
form_type: "8-K"
ticker: "LARK"
cik: "0001141688"
company_name: "LANDMARK BANCORP INC"
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T02:42:00.583759+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Landmark Bancorp Q1 EPS $0.64 vs $0.59 YoY; net income $3.4M

## Summary
- Q1 2023 diluted EPS $0.64, up from $0.23 in Q4 2022 and $0.59 in Q1 2022; net income $3.4M.
- Gross loans grew $19.6M (9.4% annualized) to $869.8M; deposits decreased $6.6M (2.1%) to $1.3B.
- Net interest margin 3.31%, down from 3.53% prior quarter due to higher funding costs; net interest income $10.9M down 7.9% sequentially.
- Non-interest expense fell 25.9% sequentially to $10.3M as $3.0M acquisition costs from Freedom Bank deal did not reoccur.
- Board declared $0.21 per share dividend payable May 31 to holders of record May 17.

## SEC filing metadata
- accession: 0001493152-23-015185
- form_type: 8-K
- ticker: LARK
- cik: 0001141688
- company_name: LANDMARK BANCORP INC
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1141688/000149315223015185/0001493152-23-015185-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1141688/000149315223015185/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-015185
- JSON: https://secwatch.observer/filing/0001493152-23-015185.json
- Plain text: https://secwatch.observer/filing/0001493152-23-015185.txt

## Key facts
- Earnings Releases
  LANDMARK BANCORP INC reported the three months ended March 31, 2023 results: net income $3.4 million, EPS $0.64.
  - Period: the three months ended March 31, 2023
  - Net income: $3.4 million
  - EPS: $0.64
  - Result: reported results
  source text: On May 2, 2023, Landmark Bancorp, Inc. (the “Company”) issued a press release announcing financial results for the three months ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1141688/000149315223015185/0001493152-23-015185-index.htm

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