Landmark (LARK) Unit Completes Acquisition of The Wellsville Bank
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Landmark National Bank, the wholly-owned bank subsidiary of Landmark Bancorp, Inc. (Nasdaq: LARK), announced today the completion of its acquisition of The Wellsville Bank from Wellsville Bancshares, Inc., effective April 1, 2012. The acquisition was effected through the merger of The Wellsville Bank with and into Landmark National Bank.
The acquisition adds one additional branch, located in Wellsville, Kansas, to Landmark’s existing branch network, giving Landmark a total of 22 offices in 17 communities across Kansas. With combined assets of approximately $655 million after the acquisition, Landmark Bancorp, Inc., the parent company of Landmark National Bank, ranks as the 2nd largest public bank holding company in Kansas.
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The acquisition adds one additional branch, located in Wellsville, Kansas, to Landmark’s existing branch network, giving Landmark a total of 22 offices in 17 communities across Kansas. With combined assets of approximately $655 million after the acquisition, Landmark Bancorp, Inc., the parent company of Landmark National Bank, ranks as the 2nd largest public bank holding company in Kansas.
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