Landmark Bancorp, Inc. (LARK)

Landmark Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	65.47	61.4	51.75	33.47	33.61	31.8
Interest Income on Investments	11.95	12.5	12.93	9.75	6.21	7.46
Total Interest Income	77.41	73.9	64.68	43.23	39.83	39.25
Interest Paid on Deposits	21.56	22.31	15.25	2.78	1.02	2.11
Interest Paid on Borrowings	5.05	5.87	6.14	1.57	0.48	0.66
Total Interest Expense	26.61	28.18	21.39	4.35	1.51	2.77
Net Interest Income	50.81	45.72	43.29	38.88	38.32	36.48
Net Interest Income Growth (YoY)	17.51%	5.62%	11.35%	1.46%	5.03%	20.20%
Gain (Loss) on Sale of Investments	-1.03	-1.03	-1.25	-1.1	1.14	2.45
Other Non-Interest Income	13.11	13.39	12.21	11.36	10.64	9.76
Total Non-Interest Income	14.61	14.74	13.23	13.7	22.26	27.36
Non-Interest Income Growth (YoY)	12.14%	11.44%	-3.43%	-38.46%	-18.63%	73.05%
Revenues Before Loan Losses	65.41	60.47	56.52	52.58	60.58	63.84
Provision for Loan Losses	3	2.3	0.35	-	0.5	3.3
Revenue	62.41	58.17	56.17	52.58	60.08	60.54
Revenue Growth (YoY)	11.63%	3.55%	6.83%	-12.48%	-0.76%	35.25%
Salaries and Employee Benefits	23.94	22.58	22.33	20.11	19.83	20.35
Occupancy Expenses	5.48	5.66	5.57	5.12	4.48	4.43
Amortization of Goodwill & Intangibles	0.97	1.16	1.84	1.45	1.6	1.6
Selling, General & Administrative	5.36	5.32	4.74	3.77	4.17	3.72
Other Non-Interest Expense	8.41	8.24	7.5	7.43	7.17	6.16
Total Non-Interest Expense	44.16	44.08	41.98	37.87	37.26	36.26
EBT Excluding Unusual Items	18.26	14.09	14.19	14.71	22.83	24.28
Pretax Income	18.26	14.09	14.19	11.31	22.83	24.28
Income Tax Expense	1.94	1.09	1.95	1.43	4.81	4.79
Net Income	16.32	13	12.24	9.88	18.01	19.49
Net Income to Common	16.32	13	12.24	9.88	18.01	19.49
Net Income Growth	44.32%	6.27%	23.87%	-45.16%	-7.60%	82.83%
Basic Shares Outstanding	6	6	6	6	6	6
Diluted Shares Outstanding	6	6	6	6	6	6
Shares Change (YoY)	0.91%	0.16%	-0.50%	-0.21%	0.29%	-1.71%
EPS (Basic)	2.82	2.26	2.13	1.71	3.12	3.38
EPS (Diluted)	2.81	2.26	2.13	1.71	3.10	3.37
EPS Growth	43.23%	6.15%	24.41%	-44.92%	-7.98%	86.00%
Dividend Per Share	0.820	0.800	0.760	0.730	0.657	0.626
Dividend Growth	5.26%	5.26%	4.11%	11.09%	4.98%	5.02%
Effective Tax Rate	10.63%	7.71%	13.77%	12.66%	21.09%	19.72%

Updated May 14, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q