MANHATTAN – Landmark Bancorp, Inc. (“Landmark”; Nasdaq: LARK) reported diluted earnings per share of $0.61 for the three months ended June 30, compared to $0.62 per share in the first quarter of 2022 and $0.99 per share in the same quarter last year. Net earnings for the second quarter of 2022 amounted to $3.0 million, compared to $3.1 million in the prior quarter and $5.0 million for the second quarter of 2021. For the three months ended June 30, the return on average assets was 0.93%, the return on average equity was 10.04%, and the efficiency ratio was 69.1%.
Landmark’s Board of Directors declared a cash dividend of $0.21 per share, to be paid Aug. 24, to common stockholders of record as of the close of business on Aug. 10. Management hosted a conference call to discuss the company’s financial results on July 27. A replay of the call will be available through Aug. 26 by dialing 866-813-9403 and using access code 005230.