Landmark Bancorp, the parent company of Landmark...
Landmark Bancorp, the parent company of Landmark Bank in La Habra, reported net income of $1.3 million last year, an 85% increase over $702,000 earned the previous year. Annual revenue grew 3% to $14.9 million last year from $14.5 million in 1987. For the fourth quarter, the company earned $447,000, contrasted with a net loss of $44,000 in the last quarter of 1987. Quarterly revenue rose 8% to $4 million last year from $3.7 million in 1987. The company’s assets at the end of December were $147.2 million, a 7% increase over $137.3 million in assets a year earlier. Total deposits rose 7% to $133.2 million at the end of the year from $124.3 million a year earlier, while total loans grew 3% to $99.6 million from $96.9 million.
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