Landmark Bancorp Reports Q3 2026 Earnings Growth Driven by Net Interest Income
Landmark Bancorp (LARK) reported third-quarter 2026 earnings with net income of $5.5 million, a 1.5% increase from the previous quarter. The growth was primarily driven by higher net interest income and an expanded net interest margin of 4.35%, up 13 basis points due to increased yields on earning assets. Despite the earnings growth, the company saw a decrease in total gross loans to $1.1 billion and a decline in total deposits to $1.2 billion, partly due to seasonal outflows in public fund deposits. While credit quality remains relatively stable with net charge-offs at 0.01%, management noted an increase in loans 30 to 89 days delinquent, largely attributed to a single commercial real estate borrower.
Tickers: $LARK
Topics: deposits EPS loans net earnings net interest margin