For the quarter ending 2025-09-30, LARK made $42,703K in revenue. $4,930K in net income. Net profit margin of 11.54%.
| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Loans | 17,783 | 17,186 | ||
| Taxable | 2,198 | 2,163 | ||
| Tax-exempt | 700 | 701 | ||
| Interest-bearing deposits at banks | 58 | 48 | ||
| Total interest income | 20,739 | 20,098 | ||
| Deposits | 5,410 | 5,144 | ||
| Federal home loan bank and other borrowings | 857 | 861 | ||
| Subordinated debentures | 361 | 358 | ||
| Repurchase agreements | 17 | 52 | ||
| Total interest expense | 6,645 | 6,415 | ||
| Net interest income | 14,094 | 13,683 | ||
| Provision for credit losses | 850 | 1,000 | ||
| Net interest income after provision for credit losses | 13,244 | 12,683 | ||
| Fees and service charges | 2,660 | 2,476 | ||
| Gains on sales of loans, net | 948 | 740 | ||
| Losses on sales of investment securities, net | - | 0 | ||
| Increase in cash surrender value of bank owned life insurance | 283 | 278 | ||
| Other | 177 | 132 | ||
| Total non-interest income | 4,068 | 3,626 | ||
| Compensation and benefits | 6,304 | 6,234 | ||
| Occupancy and equipment | 1,364 | 1,244 | ||
| Data processing | 476 | 629 | ||
| Amortization of mortgage servicing rights and other intangibles | 247 | 238 | ||
| Professional fees | 746 | 540 | ||
| Valuation allowance on real estate held for sale | - | 0 | ||
| Other | 2,114 | 2,076 | ||
| Total non-interest expense | 11,251 | 10,961 | ||
| Earnings before income taxes | 6,061 | 5,348 | ||
| Income tax expense | 1,131 | 944 | ||
| Net earnings | 4,930 | 4,404 | ||
| Basic | 0.85 | 0.76 | ||
| Diluted | 0.85 | 0.75 | ||
| Weighted average common shares outstanding - basic | 5,783,729,000 | 5,782,555,000 | ||
| Weighted average common shares outstanding - diluted | 5,829,641,000 | 5,840,923,000 | ||
LANDMARK BANCORP INC (LARK)
LANDMARK BANCORP INC (LARK)