MANHATTAN – Landmark Bancorp Inc. (“Landmark”; Nasdaq: LARK) reported diluted earnings per share of $0.95 for the three months ended Sept. 30, compared to $1.14 per share in the same quarter last year and $1.04 per share in the second quarter of 2021. Net earnings for the third quarter of 2021 amounted to $4.5 million, compared to $5.4 million for the third quarter of 2020 and $5.0 million in the second quarter of 2021. For the three months ended Sept. 30, the return on average assets was 1.42%, the return on average equity was 13.36%, and the efficiency ratio was 61.2%. 

Landmark’s Board of Directors declared a cash dividend of $0.20 per share, to be paid Nov. 24, to common stockholders of record as of the close of business on Nov. 10. The Board of Directors also declared a 5% stock dividend payable on Dec. 15 to common stockholders of record on Dec. 1. This is the 21st consecutive year that the Board has declared a 5% stock dividend. 

Management was set to host a conference call to discuss the company’s financial results on Thursday, Oct. 28. A replay of the call will be available through Nov. 24 by dialing 866-813-9403 and using access code 998942.