Cortland Bancorp is a bank holding company operating through The Cortland Savings and Banking Company. Cortland Bank is a full service, state-chartered bank engaged in commercial and retail banking. The Bank’s services include checking accounts, savings accounts, time deposit accounts, commercial, mortgage and installment loans, night depository, automated teller services, safe deposit boxes and other miscellaneous services normally offered by commercial banks. Commercial lending includes commercial, financial and agricultural loans, real estate construction and development loans, commercial real estate loans, small business lending and trade financing. Consumer lending includes residential real estate, home equity, and installment lending. Cortland Bank also offers a variety of Internet and mobile banking options.
Type | Public | |
Founded | 1984 | |
HQ | Cortland, OH, US | Map |
Website | cortlandbank.com |
USD | |
---|---|
Revenue (Q3, 2020) | 528.0k |
Net income (Q3, 2020) | 2.2m |
Market capitalization (8-Jan-2021) | 79.4m |
Closing stock price (8-Jan-2021) | 18.4 |
Cash (30-Sept-2020) | 48.6m |
USD | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
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Revenue | 5.3m | 5.3m | 5.2m | 5.1m | 1.3m | 1.4m | 1.3m | 1.1m | 947.0k | 834.0k | 1.1m | 858.0k | 1.0m | 1.4m | 1.2m | 1.1m | 900.0k | 1.1m | 2.2m | 1.0m | 2.6m | 1.1m | 1.2m | 1.1m | 1.4m | 1.5m | 493.0k | 528.0k |
Sales and marketing expense | 121.0k | 151.0k | 130.0k | 102.0k | 158.0k | 122.0k | 74.0k | 89.0k | 76.0k | 95.0k | 103.0k | 78.0k | 57.0k | 35.0k | 64.0k | |||||||||||||
R&D expense | 61.0k | 65.0k | 64.0k | 63.0k | 64.0k | 56.0k | 60.0k | 83.0k | 72.0k | 72.0k | 69.0k | 63.0k | ||||||||||||||||
Operating expense total | 526.0k | 620.0k | 747.0k | 779.0k | 805.0k | 871.0k | 982.0k | 616.0k | 736.0k | 726.0k | 682.0k | 895.0k | 941.0k | 929.0k | 1.1m | 940.0k | 961.0k | 1.1m | 1.1m | 921.0k | 1.0m | 980.0k | 1.1m | 1.2m | 1.1m | 1.1m | 975.0k | 1.0m |
USD | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 16.8m | 12.9m | 17.1m | 40.8m | 29.2m | 18.2m | 25.7m | 16.4m | 11.7m | 16.4m | 12.0m | 9.3m | 14.3m | 12.8m | 19.0m | 22.3m | 15.9m | 18.9m | 12.4m | 27.5m | 11.0m | 17.3m | 20.0m | 24.2m | 20.5m | 43.1m | 33.1m | 48.6m |
Accounts Receivable | 260.7m | 274.2m | 280.9m | 289.6m | 293.6m | 297.8m | 311.0m | 308.2m | 312.4m | 326.1m | 338.5m | 352.4m | 354.7m | 368.6m | 379.2m | 390.8m | 392.2m | 404.9m | 406.6m | 448.0m | 462.4m | 477.8m | 478.0m | 473.5m | 483.8m | 477.2m | 522.6m | 528.1m |
PP&E | 6.5m | 6.4m | 6.6m | 6.5m | 6.6m | 6.8m | 6.8m | 6.6m | 6.6m | 7.8m | 7.8m | 8.4m | 9.2m | 9.0m | 8.9m | 8.9m | 9.3m | 9.2m | 9.1m | 9.3m | 9.1m | 9.3m | 10.5m | 11.2m | 11.8m | 12.2m | 12.0m | 11.9m |
Total Assets | 497.8m | 508.4m | 522.7m | 554.5m | 546.5m | 537.8m | 536.6m | 525.9m | 534.4m | 549.3m | 556.0m | 568.8m | 570.3m | 590.4m | 606.4m | 621.2m | 619.9m | 634.7m | 632.0m | 663.1m | 662.7m | 681.3m | 685.5m | 690.7m | 700.6m | 712.7m | 780.0m | 811.6m |
USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|---|---|---|---|
Net Income | 4.1m | 2.9m | 1.8m | 3.9m | 4.4m | 4.9m | 4.4m | 8.8m | 7.3m |
Depreciation and Amortization | 2.4m | 640.0m | 3.2m | 2.5m | 2.5m | 2.8m | 2.7m | 2.3m | 2.2m |
Cash From Operating Activities | 8.3m | (14.9m) | 26.9m | 7.2m | 1.4m | 13.2m | 9.1m | 13.1m | 8.0m |
Purchases of PP&E | (336.0k) | (730.0k) | (894.0k) | (1.9m) | (2.3m) | (799.0k) | (802.0k) | (1.9m) | (2.7m) |
USD | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 3.2m | 1.2m | 2.1m | 3.4m | 830.0k | 1.6m | ||||||||||||||||||||||
Cash From Operating Activities | 6.6m | (3.9m) | (10.3m) | (9.4m) | 10.9m | 8.5m | 19.4m | 2.7m | 4.4m | 4.9m | 209.0k | 114.0k | 793.0k | (25.0k) | 8.2m | 11.6m | 1.2m | 1.8m | 2.6m | 4.1m | 5.3m | 9.7m | 1.0m | 801.0k | 4.2m | 2.2m | 6.3m | 6.5m |
Purchases of PP&E | (258.0k) | (119.0k) | (401.0k) | (522.0k) | (209.0k) | (621.0k) | (800.0k) | (91.0k) | (283.0k) | (1.7m) | (282.0k) | (1.0m) | (2.1m) | (31.0k) | (176.0k) | (376.0k) | (409.0k) | (537.0k) | (644.0k) | (462.0k) | (519.0k) | (849.0k) | (527.0k) | (1.4m) | (2.2m) | (463.0k) | (532.0k) | (615.0k) |
Cash From Investing Activities | (723.0k) | 14.5m | 11.4m | 18.5m | 27.8m | 28.7m | 27.1m | 40.7m | 22.0m | 12.5m | 16.0m | 2.0m | 6.9m | 17.5m | 8.3m | (11.2m) | 35.4m | 27.2m | 24.1m | 51.0m | 37.1m | 24.0m | 34.3m | 39.0m | 25.5m | 42.4m | (34.9m) | (48.9m) |
USD | Q3, 2011 |
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Financial Leverage | 11.2 x |
When was Cortland Bancorp founded?
Cortland Bancorp was founded in 1984.
How many employees does Cortland Bancorp have?
Cortland Bancorp has 142 employees.
What is Cortland Bancorp revenue?
Latest Cortland Bancorp annual revenue is $5 m.
What is Cortland Bancorp revenue per employee?
Latest Cortland Bancorp revenue per employee is $35.4 k.
Who are Cortland Bancorp competitors?
Competitors of Cortland Bancorp include Oak Valley Bancorp, Columbia Banking System and Community Bankers Trust.
Where is Cortland Bancorp headquarters?
Cortland Bancorp headquarters is located at 194 W Main St, Cortland.
Where are Cortland Bancorp offices?
Cortland Bancorp has an office in Cortland.
How many offices does Cortland Bancorp have?
Cortland Bancorp has 1 office.
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