LANDMARK BANCORP, INC. AND SUBSIDIARY  Consolidated Balance Sheets  (Dollars in thousands) 2012 2011 Assets Cash and cash equivalents 14,920 $ 17,501 $ Investment securities: Available-for-sale, at fair value 213,300 198,214 Other securities 5,238 6,671 Loans, net 315,914 310,081 Loans held for sale, net 7,163 9,754 Premises and equipment, net 14,967 14,692 Bank owned life insurance 16,701 16,163 Goodwill 13,075 12,894 Other intangible assets, net 2,394 1,923 Real estate owned, net 2,444 2,264 Accrued interest and other assets 7,951 8,083 Total assets 614,067 $ 598,240 $ Liabilities and Stockholders’ Equity Liabilities: Deposits:  Non-interest bearing demand 75,891 $ 66,122 $  Money market and NOW 190,309 171,529  Savings 45,365 36,650  Time, $100,000 and greater 59,035 63,374  Time, other 111,900 116,459 Total deposits 482,500 454,134 Federal Home Loan Bank borrowings  38,426 49,163 Other borrowings 21,541 27,434 Accrued interest, taxes, and other liabilities 8,267 8,389 Total liabilities 550,734 539,120 Commitments and contingencies Stockholders’ equity: Preferred stock, $0.01 par, 200,000 shares authorized; none issued - - Common stock, $0.01 par, 7,500,000 shares authorized; 2,922,275 and 2,921,967  shares issued and outstanding at December 31, 2012 and 2011, respectively 29 28 Additional paid-in capital 32,223 29,313 Retained earnings 27,623 26,200 Accumulated other comprehensive income, net 3,458 3,579 Total stockholders’ equity 63,333 59,120 Total liabilities and stockholders’ equity 614,067 $ 598,240 $ December 31, See accompanying notes to consolidated financial statements. 63 