Landmark Bank, LA HABRA

Nature of Business: A state-chartered commercial bank with depository and lending services.

Employees Total: 115 Orange County: 115

Stock Designation: In Times’ NASDAQ list as “LdmkBc” Ticker Symbol: “LMBC”

Friday’s Close: $7 One-Week Change: Down $1

Analyst review: “This is a bank that tries to do a little better every year. One thing that impresses me is that while assets have not grown that quickly--about 10%, its earnings-per-share has been growing at a 33% compound growth rate over the past five years; here is a bank that is trying to get its performance as high as they can. Its equity-to-assets ratio, which is a good measure of a bank’s stability, is currently at 8.95%--the norm for the bigger banks is only about 5.75%, so you can see they’re extremely strong and well-positioned to weather all the storms out there. They’re extremely focused on core (checking and savings) deposits. Landmark has not quite made it onto many investor’s radar screens because it is a little small; but I think if it can keep up its pace of good solid growth coupled with strong earnings, more investors are going to become aware of it.

Kathy Smythe, corporate finance

Montgomery Securities, San Francisco

YEAR SUMMARY: REVENUES VS. PROFITS

Fiscal year ending Dec. 31 Dec. 31 Dec. 31 Dec. 31 2 Qtrs. 1987 1988 1989 1990 1991 Net Revenue $14.5 $14.9 $18.2 $20.5 $9.6 Net Profit (Loss) $.7 $1.3 $1.8 $2.1 $.9

Corporate Outlook: “Landmark Bank is Orange County’s best-kept secret. In spite of a solid balance sheet, 9% capital-to-asset position, increasing growth, and higher-than-industry average earnings, the bank’s stock has not been discovered. At the same time, the bank is poised for a successful 1992. Two acquisitions that should close before year-end--Founders National Bank in Brea and the Placentia branch of the Bank of California--will add approximately $70 million in assets.” Craig D. Collette, president/CEO

4-YEAR SUMMARY: RETURN ON STOCKHOLDER INVESTMENT

Fiscal year ending Dec. 31 Dec. 31 Dec. 31 Dec. 31 2 Qtrs. 1987 1988 1989 1990 1991 52-Week High* $11.50 $11.00 $14.25 $12.50 $10.00 52-Week Low* $8.75 $9.75 $8.50 $8.50 $8.50 Book Value per share $8.31 $8.66 $9.27 $10.44 $10.93 Net Earnings (Loss) Per Share $0.46 $0.87 $1.23 $1.39 $0.60 Price-to-Earnings Ratio 19:1 11:1 10:1 7:1 8:1 Avg. Return on Investor Equity 6% 10% 13% 13% 11%

For more information, call or write Landmark Bancorp: 401 W. Whittier Blvd., La Habra, Calif., 90631. (213) 694-6537

Source: Landmark Bancorp