A Letter From Our CEO

Landmark Bank CEO Letter

Dear Shareholder:

The third quarter of 2017 was the start of Landmark Community Bank’s transformation into a full‐service community bank. Our Hazleton branches have been fully staffed with skilled bankers to accommodate and service the Hazleton community. With that said, I am proud to announce that Landmark Community Bank has won both Best Bank and Best Financial Services in the Hazleton area for this year’s Standard Speaker Readers’ Choice Awards. These awards are based on the voting results of the local community. Our expectation is that this recognition is only an indication of our institution’s goal to be the best in all the other markets we serve. As always, our Pittston, Scranton and Forty Fort branches continue to serve our community and clients with the same outstanding service.

Our customer service has been enhanced with the addition of dedicated branch managers at each location. We welcome Sean W. Gibson as our Forty Fort Branch Manager and Francis “Trip” Crowley as our VP/Scranton Branch Manager. These new employees along with existing branch managers and staff will increase the opportunity to generate significantly more revenue and profitability. To expand our footprint into the Lackawanna County market, our mortgage department has also grown with the addition of Joseph Kadelak, Scranton Branch Mortgage Loan Officer and additional processors to support the demand. With a more competitive pricing model recently instituted on our deposit products and consumer loan products, we have begun to cultivate and broaden relationships on the retail side of the bank. In the end, this retail focus and expansion is intended to augment the new commercial credit culture currently under way.

Our overall core financial position continues to trend favorably through improved underwriting and the considerable reduction in non‐performing loans and other real estate owned. Our management team has made a conscience decision to enhance the integrity of our balance sheet by shedding undesirable and higher risk assets. This approach benefits our liquidity position to further support future growth for commercial and industrial loan relationships. These types of commercial relationships will significantly expand opportunities on the retail side of the bank as well. The foundation for this business tactic revolves around additional staffing with credit trained loan officers. Joseph Angelella SVP/Senior Commercial Lender with over 35 years of experience joins us to head up our commercial lending department.

Success is all about surrounding yourself with the best people. I’m proud to say I am privileged to work with extremely dedicated and talented professionals. Thank you for supporting Landmark as we continue to build a better community bank.

On October 12, 2017 the Board of Directors of Landmark Bancorp, Inc. declared a dividend of $ .08 per share, payable on November 3, 2017 to shareholders of record on October 26, 2017.

The financial statements of Landmark Bancorp, Inc. can be found on our website at www.lcbbank.com.

Respectively Yours,

Thomas V. Amico

To see more metrics for third quarter shareholder letter please download the PDF file below: PDFDownload
Landmark Bank

Banking Services

Savings, Money Market & Club Accounts Landmark Community Bank offers traditional savings accounts, money market accounts, certificates of deposit, club accounts and IRA accounts.

Checking Deposit accounts to meet all of your personal and business needs.

Online Banking Services Landmark Community Bank’s Net Teller allows you to bank from your personal computer, giving access to your bank accounts 24 hours a day.

Loans Landmark Community Bank offers a variety of home equity, personal and business loans.

At Landmark Community Bank our goal is to offer the highest customer service while establishing a long lasting relationship with you. We provide you with a high level of technology with experienced, responsive bankers to compliment and maximize your business. Landmark Community Bank offers a full range of services to accommodate all businesses. Please click on a link above to find out more about how Landmark can be "Better Business Banking" for you.
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