Tranche Update on Landmark Bancorp, Inc.'s Equity Buyback Plan announced on March 13, 2020.
March 27, 2024 at 08:27 pm
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From October 1, 2023 to December 31, 2023, the company has repurchased 3,812 shares, representing 0.07% for $0.07 million. With this, the company has completed the repurchase of 51,206 shares, representing 0.93% for $1.28 million under the buyback announced on March 13, 2020.
Landmark Bancorp, Inc. is a financial holding company. The Companyâs business consists of the ownership of Landmark National Bank (the Bank) and Landmark Risk Management, Inc., which are wholly owned subsidiaries of the Company. The Bank's primary deposit gathering and lending markets are geographically diversified throughout central, eastern, southeast, and southwest Kansas. The Bank is principally engaged in the business of attracting deposits from the general public and using such deposits, together with borrowings and other funds, to originate one-to-four family residential real estate, construction and land, commercial real estate, commercial, agricultural, municipal and consumer loans. The Bank also invests in certain investment and mortgage-related securities using deposits and other borrowings as funding sources. Landmark Risk Management, Inc. is a captive insurance company, which provides property and casualty insurance coverage to the Company and the Bank.