Landmark Bancorp

Landmark Bancorp

Landmark Bancorp was established as a community-focused bank holding company headquartered in Manhattan, Kansas. Led by President and CEO Michael Scheopner alongside Executive Chairman Patrick Alexander, the firm traces its roots through Landmark National Bank, a federally chartered institution that operates over two dozen branches predominantly in eastern and central Kansas communities. The firm went public in the early 2000s and has maintained a straightforward Main Street banking mandate ever since. Strategy centers on traditional spread-based lending funded by core deposits. The loan book is diversified across one-to-four family residential mortgages, commercial real estate, construction and development, agricultural production, and consumer installment credits. Historically, the bank has originated and serviced a significant volume of mortgage loans, selling a portion into the secondary market while retaining servicing rights. In addition to banking, Landmark offers property and casualty insurance through its subsidiary Landmark Risk Management & Insurance, adding a non-interest income stream. Landmark Bancorp reported $1.6 billion in total assets at year-end 2024, with a deposit base approaching $1.3 billion (per FDIC call report data, 2024). The branch network, operating under the Landmark National Bank charter, stretches from the Kansas City suburbs to the Flint Hills region, with concentrations in Manhattan, Topeka, Lawrence, and Dodge City. September 2024: Landmark National Bank acquired Freedom Bancshares, the parent of Freedom Bank, adding three Kansas branches and roughly $120 million in assets (per the firm, September 2024). The structural differentiator is geographic density paired with operating company diversification. Unlike single-charter peers, Landmark layers a mortgage origination business and an insurance agency onto a conventional deposit-and-lend bank, creating a revenue mix that reduces reliance on net interest margin alone. That architecture has allowed the company to absorb rate-cycle pressure while maintaining a stable community-bank footprint across Kansas towns where national banks have withdrawn.