Landmark Bancorp Inc. · NASDAQ:LARK
Landmark Bancorp — Investor Presentation (May 2026)
23 slides from Landmark Bancorp's investor presentation, May 14, 2026
Slide 1: Investor Presentation May 2026
Investor H Presentation May 2026
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS {THE FRANCIAL CONDON, RESULTS OF OFEEATIONS, PLANS, OBJECTIVES, FUTURE PEEFORMANCE AND BUSINESS OF LANIDMARK BANCORP, INC. LANDMARK" OR “THE COMPANY”). FORWARD-LOOKING STATEMENTS, WHICH MAY BE EASED UPON BELEFS, EXPECTATIONS AND ASSUMPTIONS OF (OUR MAHAGEMENT AND ON INFORM
Slide 3: Landmark Bancorp, Inc.
LANDMARK BANCORP, INC. NASDAQ: LARK Founded 1885 Serving Kansas and Kansas City Headquarters: for over 150 years + Manhattan, Kansas * 29 full-service branches Executive/Admin Office: + 1LPO in KCMO * Overland Park, Kansas (KC) * Serving 23 communities * 279 Associates $1.68" Assets $1383 Deposits $
Slide 4: 1Q 2026 Financial Highlights
1Q 2026 FINANCIAL HIGHLIGHTS Profitability and Earnings in ions unless othensse noted 19.2025 49.2025 Profitability * Revenue increased to $18.8 million in Q1 2026 Return on Average Assets 1.21% 1.17% * Diluted earnings per share increased 6.7% on a linked- Return on Average Equity 13.71% 11.88% qua
Slide 5: Growth History 8% CAGR
GROWTH HISTORY 8% CAGR Organic Loan Growth ==> Historical growth driven primarily via acqui: | | [woopened | } | Tenses ity, mo | \ => Leverage de novo and LPO strategy TT | Leer oze | i vision of Freedom Ban ua | Jolson County /KCMSA || ' ae : . - | Closing Date: Oct 2022 ii ==> Building out commer
Slide 6: Communities We Serve
COMMUNITIES WE SERVE ‘Auburn, Junction City, Manhattan, (sage City, Topeka and Wamego Branches 8 Deposits % of Total ‘Walla and KCMO Branches Deposits °% of Total Central Region Eastern Region Southwest Region Lawrence, Lenexa, Louisburg, ‘Osawatomie, Overland Park, Paolo, Praiie Vilage and Dodge Ci
Slide 7: Who We Are
WHO WE ARE Commercial Banking EE Target small to middle market privately held businesses and their owners Commercial Loans: © C&l operating loans + CRE— owner and non-owner occupied, multi- family + Agriculture and farm loans + Construction loans ‘Commercial checking & money market, treasury managem
Slide 8: Leadership Team
LEADERSHIP TEAM ABBY WENDEL PRESIDENT & CHIEF EXECUTIVE OFFICER 297 BANKING / 2Y @ Co. Joined Landmark in 2024. Prior to that Ms. Wendel was with UME from 2008 to 2024. She served as President of Consumer Banking from 2018 to 2024, Chief Strategy Officer from 2015 10 2018 and held various roles in s
Slide 9: Profitability Overview
PROFITABILITY OVERVIEW 1.29% 121% 117% 117% 11% csoy 089% 20z3¥ 2024Y 20257 202592 202503 202504 202601 Total Revenue ($M) $708 gse5 $604 $525 $17.3 $18.2 $18.7 $188 2022Y 2023Y 2024Y 20257 202592 202593 202504 2026Q1 2023Y 2024y 2025 202592 202593202504 202601 Efficiency Ratio * 71.2% 69.1% 62.7% 6
Slide 10: Expanding Net Interest Margin
EXPANDING NET INTEREST MARGIN Net Interest Income (Quarterly) $15.0 $14.8 $14.4 $13.7 st34 lL Q12025 Q22025 Q32025 942025 Q12026 Net Interest Income (Annually) ‘$ in milion $55.7 Net Interest Marg Yield on Earnings Ascot -—=Cost of IB Lialities “O-Net Interest Margin 4.28% aay 5 4.03% 3.76% 3.83: 3.
Slide 11: Non-Interest Income
NON-INTEREST INCOME ul Q12025 Q2.2025 Q32025 Q42025 Q12026 912025 922025 932025 942025 91.2026 Mortgage Banking (sm) Non-Interest Income Detail (sm) ‘mm Gainson Sales Loans a $54.9 Fees and service charges $ 239 $ 248.$ 266% 267 °§ 296 ~OrOriginations ($¥) Gains on Sale of Loans 0.56 074 0.95 0.93 0
Slide 12: Securities Portfolio
SECURITIES PORTFOLIO 22.8% a Available For Sale Securities MBS/CMO 3586 Treasury Municipat 5086 @ Securities as a % of Assets mm Securitios ($M) 21.9% -O-Securities to Assets 21.9% 21.9% 12025 922025 932025 E " E ~ 942025 $0.346 91.2026 Cash from securities used to fund loan growth and pay down high
Slide 13: Diversified Loan Portfolio
DIVERSIFIED LOAN PORTFOLIO Loan Composition () * 36% of total loans are Commercial and Owner Occupied CRE bir * Total gross loans declined by $13.5 million from year-end but cne-00 Construction increased $23.3 million from March 31, 2025 2% = a’ * Ag declines due to seasonal paydowns and payoffs * I
Slide 14: Attractive Core Deposit Base
ATTRACTIVE CORE DEPOSIT BASE * Total deposits decreased in the first quarter due to seasonal outflows of public funds and paydown of brokered deposits areata * Core customer deposits increased 1.6% on a linked quarter basis a ae i * Portfolio comprised of mostly transaction accounts * 28% noninteres
Slide 15: Asset Quality
ASSET QUALITY 1.25% 0.90% 0.94% 0.99% 0.25% 2022¥ 2023¥ 20247 2025Y 12026 Net Charge-Off's to Average Loans (0.00%) (0.0056) 2o1ey 2017Y 2018 2019Y 2020 2021Y 2022¥ 2028 02AY 2025 Q12026 ACL to Loans 1.22% 1.12% 1.12% 1.18% i 2022¥ 2023Y 20247 2025Y 12026 Continue to actively work down select relati
Slide 16: Capital Strength
CAPITAL STRENGTH mCET: (St) ~O-CETL Ratio $137 wie " : * * * 2022¥ 2023Y 2024Y 2025Y Q12026 Tangible Common Equity to Tangible Assets 8.03% 8.11% 6.58% 5.98% : i i 2022¥ 2023Y 2024Y 2025Y Q12026 Total Risk Based Capital Ratio mm Total Capital ($M) -o=Total Captal Ratio — $171 “ss ae 141 T i 20227 20
Slide 17: Creating Shareholder Value
CREATING SHAREHOLDER VALUE Diluted Earnings Per Share Tangible Book Value Per Share* $3.07 $20.79 siege 820.79 $20.89 $18.73 $16.70 goo. S235 $15.12 , | Sil if | 20287 2024 2025 202592 «202593» «202594 = -2026Q1. 20287 202av 20257 202592 202503202504 = -2026Q1 Te 4 Vv
Slide 18: Shareholder Dividends
SHAREHOLDER DIVIDENDS Dividend History 1Q 2026 was the 99th consecutive quarterly dividend since the holding company was formed in 2001 5% stock dividend annually $0.80 $0.76 $0.73 $0.69 $0.63 $0.57 30:80 $0.49 $0.52 $0.54 $0.44 $0.37 $0.38 $0.40 $0.42 COS Aas : : : $0.21 2010Y 2011Y 2012Y 2013Y 201
Slide 19: Our Vision & Strategic Focus
OUR VISION & STRATEGIC FOCUS Purpose BHAG 10-Year Goal) To be champions and Be an employer of choice catalysts for our so that we can be the communities bank of choice Core Values & Beliefs We believe in treating each other with dignity and respect. We believe in holding ourselves to the highest eth
Slide 20: Investment Highlights
INVESTMENT HIGHLIGHTS Strong, low-cost core funding base Diversified loan portfolio across commercial, agricultural and residential Organic loan growth Geographic mix of urban and community markets across Kansas including the Kansas City metro Strong earnings and capital generation 20
Slide 21: Appendix: GAAP to Non-GAAP Reconciliation
APPENDIX: GAAP TO NON-GAAP RECONCILIATION As of or for the As of or for the Year Ended, Three Months Ended, December 31, December 31, December 31, March 31, December 31, September 30, June 30, (Dollars in thousands) 2025 2024 2023 2026 2025 2025 2025 Efficiency Ratio Non-GAAP financial ratio reconci
Slide 22: Appendix: GAAP to Non-GAAP Reconciliation
APPENDIX: GAAP TO NON-GAAP RECONCILIATION As of March 31, December 31, September 30, June 30, | December 31, December 31, (Dollars in thousands, except per share amounts) 2026 2025 2025 2025 2024 2023 Tangible Book Value per Share Non-GAAP financial ratio reconciliation: Total stockholders’ equity $
Slide 23: Landmark Bancorp, Inc.
A\LANDMARK hae BANCORP, INC.