Good morning. And welcome to the Landmark Bancorp Third Quarter Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation there will be an opportunity to ask questions. [Operator Instructions] Please also note today’s event is being recorded. I would now like to turn the conference over to Michael Scheopner, President and Chief Executive Officer. Please go ahead, sir.

Thank you and good morning. Thank you for joining our call today to discuss Landmark’s earnings and results of operations for the third quarter of 2015. Joining the call with me today to discuss various aspects of our third quarter and year-to-date 2015 performance are Mark Herpich, Chief Financial Officer of the company; and Brad Chindamo, the company’s Credit Risk Manager. Before we get started, I would like to remind our listeners that some of the information we will be providing today falls under the guidelines for forward-looking statements as defined by the Securities and Exchange Commission. As part of these guidelines, I must point out that any statements made during this presentation that discussion our hopes, beliefs, expectations or predictions of the future are forward-looking statements, and that our actual results could differ materially from those expressed. Additional information on these factors is included from time-to-time in our 10-K and 10-Q filings, which can be obtain by contacting the company or the SEC. We reported record net earnings of $2.5 billion or $0.73 per share on a fully diluted basis for the third quarter 2015. This represents a 16.3% increase over our third quarter 2014 earnings level. Our 2015 year-to-date net earnings totaled $7.9 million, a 33.1% increase from the first three quarters of 2014. Earnings per share were $2.30 for the first nine months of 2015, up from a $1.76 in the same period last year. Our return on average assets for the first three quarters of this year calculates to 1.22%, the company's return on average equity was 14.14%. Mark and Brad will provide additional detail on Landmark’s financial performance and asset quality metrics later on this call. I am pleased to report that our Board of Directors has declared a cash dividend of $0.19 per share…

Thanks, Michael and good morning to everyone. As Michael has already summarized our results for the third quarter and nine months ended September 30, 2015, I would like to make a few comments on various elements comprising those earnings results. Starting with the third quarter income statement highlights, net interest income increased $164,000 to $6.4 million, a 2.6% increase in comparison to the prior year's third quarter. The higher net interest income was primarily driven by 3% increase in our average interest earning assets from $761.8 million in the third quarter of 2014 to $784.6 million during the third quarter of 2015. Net interest income also benefited from our net interest margin which increased to 3.48% in the third quarter of 2015 from 3.47% a year earlier. From a quarter-to-quarter perspective, third quarter margin decreased from 3.56% in the second quarter of 2015 due in part to higher average interest-earning assets total of $792.5 million in the second quarter. Looking at our provision, we provided $100,000 to the allowance for loan losses in the third quarter of 2015 compared to $150,000 provision in the third quarter of 2014. Non-interest income increased $622,000 to $4.5 million in the third quarter of 2015, up 16.1% as compared to the same period of 2014. Our gains on sales of loans reflected an increase of $487,000 for the third quarter of 2015 compared to a year earlier, which was primarily attributable to increased volumes of mortgaged loans originated for sale. Also impacting our non-interest income for the third quarter of 2015 was a $135,000 gain, associated with selling certain agency mortgage-backed investment securities to reduce our exposure to rising interest rates. Our third quarter’s non-interest expenses increased by $315,000 to $7.3 million on a linked quarter basis, primarily resulting from increases of $278,000 in…

Thanks, Mark, and good morning to everyone. Net loans outstanding as of September 30, 2015 totaled $417 million. This was a $1 million increase from our year end total of $416 million in net loans and a $4 million decrease from the June 30, 2015 total. We remain focused on prospecting new and expanding existing high-quality commercial banking relationships. Non-performing loans, which primarily consist of loans greater than 90 days past due, totaled $4 million or 0.94% of gross loans as of September 30, 2015. This compares to a level of 1.44% as of year end 2014 and represents a decline from $6.4 million or 1.50% as of June 30, 2015. Our credit risk and collection efforts continue to be focused on reducing these totals. Another indicator we monitor as part of our credit risk management efforts is our level of loans past due 30 to 89 days. The level of past due loans between 30 and 89 days still accruing interest as of September 30, 2015 totaled $719,000 or 0.23% of gross loans. We continue to monitor delinquency trends carefully in all loan categories. Our balance and other assets real estate owned totaled $101,000 as of September 30th, an increase from $46,000 in the prior quarter and a decrease from $255,000 at the previous year end. The other real estate owned balances have been reduced as a result of the sales properties. We continue to market for sale the remaining properties held in real estate owned. We recorded net loan recoveries of $1.3 million during the first nine months of 2015. This compares to net loan charge-offs of $918,000 for the first three quarter of 2014. The significant recovery in the first nine months was a result of ongoing collection efforts on a construction loan that was fully charged-off…

Thank you, Brad. And I also want to thank Mark for his comments earlier in this call. Before we go to questions, I just want to summarize by saying that we are pleased with Landmark's operating results for the third quarter of 2015, as well as our overall performance year-to-date. We believe that the company's risk management practices and that our capital strength continues to position us well for long-term growth. I anticipate our trends of solid earnings to continue during the remainder of 2015 and going forward into 2016. With that, I'll open the call up to questions that anyone might have.

Thank you, sir. [Operator Instructions] Seeing no question, I'd like to turn the conference back over to Mr. Scheopner for any closing remarks.

Thank you. And I want to thank everyone for participating in today's earnings call. I appreciate your continued support and confidence in our company. I look forward to sharing news related to our fourth quarter in fiscal year ending 2015 results at our next earnings conference call. Thank you.

And thank you sir. Today’s conference has now concluded.