Landmark Bancorp Results Show an Increase of 7%
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Landmark Bancorp said that net earnings for 1986 increased 7% to $1.15 million from $1.07 million the preceding year. The La Habra-based holding company for Landmark Bank said net earnings for the fourth quarter increased 7% to $418,000 from $389,600 in 1985.
At the end of 1986, Landmark’s assets totaled $154 million, up 34% from $115 million a year earlier. Deposits increased 37% to $141 million from $103 million, and loans during 1986 increased 41% to $92 million from $65 million a year earlier.
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