Landmark National Bank Reports Profit for 2005 First Quarter


SAN DIEGO, Calif. — (SEND2PRESS NEWSWIRE) — Landmark National Bank (OTC BB: LMRK), which commenced operation on August 26, 2002, reports March 31, 2005 assets of $75,245,273 compared to March 31, 2004 assets of $48,864,564, an increase of 54%. As of March 31, 2005, loans totaled $52,405,039, compared with $22,398,302, an increase of 134%. During the same period, deposits increased from $41,200,020 to $68,664,645, an increase of 67%. The bank experienced a profit of $3,209 for the first three months of 2005, compared to a loss of $535,548 for the first three months of 2004.