Landmark Bancorp, Inc. filed its Form 10-Q quarterly report for the period ended September 30, 2026, with the SEC on November 10, 2026, disclosing financial results for the three and nine months ended September 30, 2026.

Key Highlights

  • Quarterly net earnings: $5,474 thousand for the three months ended September 30, 2026, up from $4,930 thousand in the same period of 2025, according to the filing.
  • Nine-month net earnings: $15,932 thousand for the nine months ended September 30, 2026, compared to $14,035 thousand for the same period in 2025.
  • Basic earnings per share: $0.90 for Q3 2026, versus $0.81 for Q3 2025 (adjusted for the 5% stock dividend issued in December 2025).
  • Net interest income: $15,642 thousand for the three months ended September 30, 2026, compared to $14,094 thousand for Q3 2025.
  • Total assets: $1,595,255 thousand as of September 30, 2026, down from $1,606,642 thousand at December 31, 2025.
  • Total deposits: $1,245,958 thousand at September 30, 2026, compared to $1,388,854 thousand at December 31, 2025.
  • Shares outstanding: 6,103,819 shares of common stock as of November 6, 2026, the filing reported.

Landmark Bancorp Q3 2026 Financial Condition and Earnings Detail

Landmark Bancorp, Inc. (NASDAQ:LARK), a Delaware-incorporated bank holding company headquartered in Manhattan, Kansas, reported third-quarter 2026 net earnings of $5,474 thousand, an increase from $4,930 thousand in the third quarter of 2025, according to the filing. For the nine months ended September 30, 2026, net earnings totaled $15,932 thousand versus $14,035 thousand in the comparable 2025 period. Diluted earnings per share were $0.89 for Q3 2026, compared to $0.81 for Q3 2025, with prior-period figures adjusted to reflect the 5% stock dividend issued in December 2025.

The company disclosed that net interest income rose to $15,642 thousand in Q3 2026 from $14,094 thousand in Q3 2025, driven by a decline in total interest expense to $5,209 thousand from $6,645 thousand in the same periods. Total non-interest expense increased to $12,253 thousand in Q3 2026 from $11,251 thousand in Q3 2025, with compensation and benefits representing the largest component at $6,807 thousand. The provision for credit losses was $205 thousand in Q3 2026, down from $850 thousand in Q3 2025, the filing stated.

As of September 30, 2026, the filing reported total assets of $1,595,255 thousand, with net loans of $1,065,969 thousand and investment securities available-for-sale of $343,283 thousand. Total deposits declined to $1,245,958 thousand from $1,388,854 thousand at December 31, 2025, while Federal Home Loan Bank and other borrowings increased sharply to $133,365 thousand from $10,567 thousand over the same period. Total stockholders' equity stood at $160,251 thousand, with accumulated other comprehensive loss widening to $(18,473) thousand, reflecting net unrealized holding losses on available-for-sale securities. The company paid dividends of $0.21 per share in Q3 2026.

What Was Disclosed

Landmark Bancorp filed its quarterly report covering the period ended September 30, 2026, disclosing income statements, balance sheet data, and equity changes for the three and nine months ended on that date, with 6,103,819 common shares outstanding as of November 6, 2026.