LARK · Nasdaq
Companies at this level ended the following year delisted, bankrupt, restated or silent 13.1% of the time, against 4.0% for companies with a clean record.
Hover or tap a dot to see the filings behind that score.
Landmark Bancorp, Inc. (the “Company”) is unable to file its Annual Report on Form 10-K for the year ended December 31, 2025 (the “2025 Form 10-K”) by the prescribed due date without unreasonable effort or expense for the reasons described below. After the Company’s earnings release on January 28, 2026, information was brought to the attention of management, which promptly informed the Audit and Risk Committee (the “Committee”) of the Board of Directors of the Company, that caused management and the Committee to commence an internal investigation with the assistance of outside counsel and advisors, regarding allegations of misconduct by a non-executive officer employee of the Company’s wholly-owned subsidiary, Landmark National Bank. The investigation is ongoing and all parties are working diligently to complete the investigation. The amounts at issue are not expected to materially impact any previously reported periods, and the Company currently does not believe that any of the matters under investigation materially affect any previously issued financial statements or the information in the Company’s earnings release on January 28, 2026; however, the investigation has not been completed and actual results may differ from current expectations. This matter affected the progress of the Company’s annual close process and preparation of the 2025 Form 10-K. Management is in the process of completing the financial statements and assessing matters relating to the Company’s internal control over financial reporting, including the effectiveness of the Company’s internal control over financial reporting. Management is working under the Committee’s oversight to complete the additional procedures necessary to file the 2025 Form 10-K as soon as practicable
NT 10-K, filed 2026-04-01 · material weakness
Landmark Bancorp, Inc. (the “Company”) is unable to file its Annual Report on Form 10-K for the year ended December 31, 2025 (the “2025 Form 10-K”) by the prescribed due date without unreasonable effort or expense for the reasons described below. After the Company’s earnings release on January 28, 2026, information was brought to the attention of management, which promptly informed the Audit and Risk Committee (the “Committee”) of the Board of Directors of the Company, that caused management and the Committee to commence an internal investigation with the assistance of outside counsel and advisors, regarding allegations of misconduct by a non-executive officer employee of the Company’s wholly-owned subsidiary, Landmark National Bank. The investigation is ongoing and all parties are working diligently to complete the investigation. The amounts at issue are not expected to materially impact any previously reported periods, and the Company currently does not believe that any of the matters under investigation materially affect any previously issued financial statements or the information in the Company’s earnings release on January 28, 2026; however, the investigation has not been completed and actual results may differ from current expectations. This matter affected the progress of the Company’s annual close process and preparation of the 2025 Form 10-K. Management is in the process of completing the financial statements and assessing matters relating to the Company’s internal control over financial reporting, including the effectiveness of the Company’s internal control over financial reporting. Management is working under the Committee’s oversight to complete the additional procedures necessary to file the 2025 Form 10-K as soon as practicable
2026-02-27auditor changed or resigned SEC →
reportingrisk.com scores every active US filer on three things a company tells the SEC about itself: late-filing notices on Form NT, 8-K item 4.02 (past accounts declared unreliable) and 4.01 (auditor changes). 1,012 are flagged today.
Every score is frozen and checked twelve months later. Across 91,452 of them, a company scoring 4 or more ended that year delisted, bankrupt, restated or silent 17.2% of the time, against 4.0% for a clean record. Scores before 2026-09-27 were reconstructed from the filing history as it stood at each date, so the record is a backtest rather than years of live calls.
See the ledger → Every company the score flagged that later failed, what it told the SEC on the way down, and the ones it missed.Every item above is a filing this company
made with the SEC.
Snapshot 2026-11-04 · data from SEC EDGAR (public domain) · not
investment advice