CLDB News Alert Cortland Bncp Crtld Ohio (CLDB) 15.6100 02/14/2015

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Cortland Bncp Crtld Ohio (CLDB) 15.6100 $CLDB

Cortland Bancorp declares $0.06 dividend
Seeking Alpha - at Seeking Alpha - Tue Feb 03, 3:22PM CST


Cortland Bancorp Raises Quarterly Cash Dividend 20% to $0.06 Per Share
GlobeNewswire - Tue Feb 03, 3:00PM CST
Cortland Bancorp (OTCQB:CLDB), the holding company for Cortland Savings and Banking Company, today announced that its Board of Directors increased its quarterly cash dividend 20% to $0.06 per share, from $0.05 per share, providing a current yield of 1.51% at current market prices. The dividend will be payable on March 3, 2015, to shareholders of record as of the close of business on February 17, 2015.

Cortland Bancorp reports Q4 earnings
Seeking Alpha - at Seeking Alpha - Mon Feb 02, 3:21PM CST


Cortland Bancorp Reports 2014 Annual and Fourth Quarter Financial Results; Profits More than Double in 2014
GlobeNewswire - Mon Feb 02, 3:00PM CST
Cortland Bancorp (OTCQX:CLDB), the holding company for Cortland Savings and Banking Company, today reported increased profitability with solid loan growth, expanding net interest margin and improving operating efficiencies for the fourth quarter and full year in 2014. For 2014, net profits grew 117% to $3.9 million, or $0.85 per share, from $1.8 million, or $0.39 per share, for 2013.

Cortland Bancorp's Rise May Be Running Out Of Gas
Profit Fan - at Seeking Alpha - Tue Nov 18, 6:15AM CST

FCZA: 10.75 (+0.30)

Cortland Bancorp Declares Quarterly Cash Dividend of $0.05 Per Share
GlobeNewswire - Mon Nov 03, 3:01PM CST
Cortland Bancorp (OTCQX:CLDB), the holding company for Cortland Savings and Banking Company, today announced that its Board of Directors declared a quarterly cash dividend of $0.05 per share. The dividend will be payable on November 28, to shareholders of record as of the close of business on November 12, 2014.

Cortland Bancorp Profits Increased 55% in 3Q14 and 48% Year-to-Date
GlobeNewswire - Mon Nov 03, 3:00PM CST
Cortland Bancorp (OTCQX:CLDB), the holding company for Cortland Savings and Banking Company, today reported profits increased 55% to $955,000, or $0.21 per share for the third quarter of 2014, from $617,000, or $0.14 per share for the third quarter a year ago. Earnings for the third quarter 2013 included a one-time nonrecurring pre-tax expense of $249,000, for the closure of its wholesale mortgage banking business in 2013. For the first nine months ended September 30, 2014, profits increased 48% to $3.3 million, or $0.73 per share, from $2.2 million, or $0.50 per share for the nine months ended September 30, 2013.

Cortland Bancorp Profits Increased 30% in 2Q14 and 46% in First Half of 2014
GlobeNewswire - Mon Jul 28, 3:00PM CDT
Cortland Bancorp (OTCQX:CLDB), the holding company for Cortland Savings and Banking Company, today reported earnings increased 30% to $1.0 million, or $0.23 per share, compared to $799,000, or $0.18 per share, for the second quarter of 2013. For the first six months ended June 30, 2014, net income increased 46% to $2.4 million, or $0.52 per share, from $1.6 million, or $0.36 per share for the six months ended June 30, 2013.




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