Landmark Bancorp, Inc. operates as the bank holding company for Landmark Community Bank that provides basic financial services to individuals, small businesses, municipal and corporate customers in Luzerne County and Lackawanna County, Pennsylvania and surrounding counties.
Loans
The company grants commercial, consumer, municipal, and mortgage loans to customers primarily located in Luzerne and Lackawanna counties of Pennsylvania. The company offers an array of loan products to meet the needs...
Landmark Bancorp, Inc. operates as the bank holding company for Landmark Community Bank that provides basic financial services to individuals, small businesses, municipal and corporate customers in Luzerne County and Lackawanna County, Pennsylvania and surrounding counties.
Loans
The company grants commercial, consumer, municipal, and mortgage loans to customers primarily located in Luzerne and Lackawanna counties of Pennsylvania. The company offers an array of loan products to meet the needs of retail, commercial, and municipal customers.
Commercial Real Estate: These loans include income-producing investment properties and owner occupied real estate used for business purposes. The underlying properties are located in the company’s primary market area.
Residential Mortgage and Purchased Manufactured Home: These loans are made to and secured by owner-occupied residential real estate and/or chattel and repayment is dependent on the credit quality of the individual borrower.
Municipal and Other: These loans are primarily loans to local governments and municipal authorities in the company’s market area and are backed by specified revenue streams or the taxing ability of the governments.
Commercial and Industrial: These loans are made to businesses. These loans are secured by assets of the business and repayment is expected from the cash flows of the business.
Deposits
The company's primary deposit products are demand deposits and interest-bearing time and savings accounts.
Investment Securities
As of December 31, 2017, the company’s investment securities included U.S. government sponsored enterprises (GSE), U.S. government agency, mortgage-backed-GSE residential, and state and political subdivisions.
Regulation
The company is subject to regulation by the Federal Reserve Bank of Philadelphia and the Pennsylvania Department of Banking and Securities.