PRESS RELEASE Of interest to editors and journalists covering: Finance, Banking, Real Estate, Small Cap News, California Business News Landmark National Bank Reports 2004 Third Quarter Results SAN DIEGO, Calif. - October 20, 2004 /Send2Press Newswire/ -- Landmark National Bank (OTC BB: LMRK) announced operating results for the three months ending September 30, 2004. As of September 30, 2004, loans totaled $45,143,000, deposits totaled $55,400,000 and assets totaled $62,153,000. The operating loss for the quarter was $363,867, or 31 cents per share compared to the previous quarter ending June 30, 2004 when the operating loss was $517,836 or 44 cents per share. During the quarter, the Bank increased its lending and business development staff and focused on developing the loan portfolio. Additions to staff include Jim Boyce, Executive Vice President, Jim Nolan, Vice President/Business Development and Diane Schweikert, Residential Loan Officer. The Bank also formed a Business Banking Division including a full range of Cash Management Services. In connection with providing cash management services, Katie Sullivan, Information Technology Specialist, joined the staff. Landmark National Bank operates full-service banking facilities in Solana Beach and La Jolla, together with a two-day a week facility at White Sands of La Jolla Retirement Community. Landmark National Bank is a locally owned and operated bank, staffed by veteran San Diego banking professionals. Landmark National Bank offers traditional full-service banking to individual customers, professionals and small- and medium-sized businesses. In addition to a variety of deposit accounts and cash management services, the Bank offers a mix of loan products that include commercial, professional and industrial lending packages, as well as Small Business Administration loans and consumer, installment, home equity, construction and real estate loans. Landmark National Bank's Lomas Santa Fe office and corporate headquarters is located at 937 Lomas Santa Fe Drive. The La Jolla Village office is located at 7817 Ivanhoe Avenue in La Jolla. For more information call 800.509.4008, contact info@Landmarknb.com or visit http://www.Landmarknb.com Certain statements in this press release, including statements regarding the anticipated development and expansion of the Bank's business and the intent, belief or current expectations of the Bank, its Directors or its Officers, are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, risks related to the local and national economy, the Bank's performance, regulatory matters and those discussed in filings by the Bank with the Office of the Comptroller of the Currency. Media Contact: Jane Guthrie of Landmark National Bank jguthrie@landmarknb.com +1-858.332.1024 ( OTC Bulletin Board: LMRK ) # # # [ Source of news = Landmark National Bank ] Ref: http://www.send2press.com/2archive/2004/pr04-102001-landmark.txt http://www.send2press.com/2archivePDF/pr04-102001-landmark.pdf ----------------------------------------------------------------- *IMPORTANT NOTE TO MEDIA: to reach the organization releasing this news, please contact: jguthrie@landmarknb.com (media only) If used for publication, please send specimen copy. ----------------------------------------------------------------- S2PR-R / 5C / CA / SAN DIEGO, California / English (lang=en) Copr. (c) 2004 Send2Press Newswire. This release was issued on behalf of the above organization, who is solely responsible for accuracy of content, by Send2Press(TM), a unit of Neotrope(R). http://www.Send2Press.com [www.CaliforniaNewswire.com] references: ----------- banking, san diego, california, landmark national, LMRK, bank, small cap, stock, public company, otcbb