Landmark Bancorp Inc. · NASDAQ:LARK
Landmark Bancorp — Shareholder Meeting (May 2026)
23 slides from Landmark Bancorp's shareholder meeting presentation, May 20, 2026
Slide 1: 2026 Annual Meeting of Stockholders
2026 Annual Meeting of Stockholders May 20, 2026 1
Slide 2: Agenda
AGENDA INTRODUCTION QUORUM REPORT AND NOTICE OF MEETING MINUTES OF THE 2025 ANNUAL MEETING VOTING MANAGEMENT REPORTS Q&A 2
Slide 3: Company Overview
Company Overview Abby Wendel President and Chief Executive Officer 3
Slide 4: Forward Looking Statements
FORWARD LOOKING STATEMENTS THIS PRESENTATION CONTAINS, AND FUTURE ORAL AND WRITTEN STATEMENTS BY US OR OUR MANAGEMENT MAY CONTAIN, FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF SECTION 27A OF THE SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDE
Slide 5: 2025 Highlights: Connections Change Everything
2025 HIGHLIGHTS: CONNECTIONS CHANGE EVERYTHING $1.6B $1.1B $1.4B Loans Assets Loans Deposits 5.6% 1.17 % 3.86 % 1.56 % Deposits ROAA Net Interest Margin Cost of Deposits 4.5% 44 % 98 th $168 M (1) Tangible Equity 2025 Net Income Consecutive Quarterly Market Capitalization 24.7% Dividend increase Dat
Slide 6: Our Communities and Recognition
OUR COMMUNITIES AND RECOGNITION Purpose: To be champions and catalysts for our communities Auburn Kansas City Manhattan Pittsburg Dodge City La Crosse Mound City Prairie Village Fort Scott Lawrence Osage City Topeka Garden City Lenexa Osawatomie Wamego Great Bend Iola Overland Park Wellsville Hoisin
Slide 7: Creating Long Term Shareholder Value
CREATING LONG TERM SHAREHOLDER VALUE Diluted Earnings Per Share Book Value Per Share Dividends Per Share Per share amounts adjusted for annual stock dividends 7
Slide 8: Financial Review
Financial Review Mark Herpich Vice President, Secretary, Chief Financial Officer and Treasurer 8
Slide 9: Profitability Overview
PROFITABILITY OVERVIEW Return on Average Assets Return on Average Equity Total Revenue ($M) Efficiency Ratio * $ in millions * See Non-GAAP Disclosure 9
Slide 10: Balance Sheet
BALANCE SHEET Total Assets Total Gross Loans * $ in millions $ in millions Total Deposits Total Stockholders’ Equity $ in millions $ in millions * Includes net deferred loan (fees) costs and loans in process. 10
Slide 11: Net Interest Margin
NET INTEREST MARGIN Net Interest Income (Quarterly) Net Interest Margin $ in millions Net Interest Income (Annually) $ in millions • Margin expansion driven by: • Improving cost of funds, including deposit costs • Disciplined pricing • Yield on loans = 6.40% • Cost of total deposits = 1.38% 11
Slide 12: Non-Interest Income
NON-INTEREST INCOME Non-Interest Income Adjusted Non-Interest Income / Adj Total Revenue * $ in millions Non-Interest Income Composition (1) Mortgage Banking $ in millions (1) Data as of March 31, 2026 * See Non-GAAP Disclosure 12
Slide 13: Deposits
DEPOSITS (1) Deposit Composition Deposit Costs Non-Interest Bearing to Total Deposits (1) Data as of March 31, 2026 13
Slide 14: Loan Portfolio
LOAN PORTFOLIO Loan Composition (1) Yield on Loans % of $ in millions 2024Y 2025Y Q1 2026 Total Commercial $ 192.33 $ 178.20 $ 176.37 16% CRE - OO 197.18 218.34 219.12 20% CRE - NOO 147.98 175.99 188.78 17% Construction 25.33 20.53 18.81 2% Agriculture 100.56 102.83 86.60 8% 1-4 family Res 352.21 37
Slide 15: Asset Quality
ASSET QUALITY Non-accrual Loans to Loans ACL to Loans Net Charge-Off’s to Average Loans Classified Loans $ in millions 15
Slide 16: Strategic Outlook
Strategic Outlook Abby Wendel President and Chief Executive Officer 16
Slide 17: 1Q 2026 Financial Highlights
1Q 2026 FINANCIAL HIGHLIGHTS $ in millions unless otherwise noted 1Q 2025 4Q 2025 1Q 2026 Profitability and Earnings Profitability • Revenue increased to $18.8 million in Q1 2026 Return on Average Assets 1.21% 1.17% 1.29% • Diluted earnings per share increased 6.7% on a linked- Return on Average Equ
Slide 18: Capital, Asset Quality and Liquidity
CAPITAL, ASSET QUALITY AND LIQUIDITY Consolidated Capital Ratios * Securities to Total Assets Non-Performing Loans to Gross Loans Loans to Total Deposits ** * Data as of March 31, 2026. ** Loans net of allowance for credit losses. 18
Slide 19: Strategic Focus
STRATEGIC FOCUS PEOPLE FIRST CUSTOMER GROWTH Enrich the associate experience EXPERIENCE Drive customer growth with through compelling programs to Enhance and modernize relevant products and services become an Employer of Choice. processes and delivery while expanding the bank’s systems to elevate ef
Slide 20: Landmark Bancorp, Inc.
\ LANDMARK re BANCORP, INC.
Slide 21: Appendix: GAAP to Non-GAAP Reconciliation
APPENDIX: GAAP TO NON-GAAP RECONCILIATION Three Months Ended, March 31, December 31, September 30, June 30, March 31, (Dollars in thousands) 2026 2025 2025 2025 2025 Efficiency Ratio Non-GAAP financial ratio reconciliation: Net interest income $ 15,023 $ 14,789 $ 14,094 $ 13,683 $ 13,119 Non-interes
Slide 22: Appendix: GAAP to Non-GAAP Reconciliation
APPENDIX: GAAP TO NON-GAAP RECONCILIATION As of March 31, December 31, March 31, (Dollars in thousands, except per share amounts) 2026 2025 2025 Tangible Book Value per Share Non-GAAP financial ratio reconciliation: Total stockholders' equity $ 161,611 $ 160,631 $ 142,651 Less: goodwill and other in
Slide 23: Landmark Bancorp, Inc.
\ LANDMARK re BANCORP, INC.