Cortland Bancorp Named to 2015 OTCQX Best 50
GlobeNewswire - Wed May 13, 10:45AM CDT
Cortland Bancorp (OTCQX:CLDB), the holding company for Cortland Savings and Banking Company, today announced it has been named to the 2015 OTCQX(R) Best 50, a ranking of 50 top performing companies traded on the OTCQX Best Marketplace last year.
Cortland Bancorp to Participate in the D.A. Davidson 17th Annual Financial Institutions Conference on May 11 -- 13, 2015, in Denver, CO
GlobeNewswire - Wed May 06, 10:00AM CDT
Cortland Bancorp (OTCQB:CLDB), the holding company for Cortland Savings and Banking Company, today announced James M. Gasior, President and Chief Executive Officer, is scheduled to participate in the 17th Annual D.A. Davidson Financial Institutions Conference in Denver.
FISI: 23.81 (+0.55)
Cortland Bancorp Earns $1.1 Million for the First Quarter 2015
GlobeNewswire - Wed Apr 29, 3:00PM CDT
Cortland Bancorp (OTCQB:CLDB), the holding company for Cortland Savings and Banking Company, today reported net income of $1.1 million, or $0.25 per share, for the first quarter of 2015, compared to $1.3 million, or $0.29 per share, for the first quarter of 2014, and $543,000 for the fourth quarter of 2014. First quarter profits were generated from solid balance sheet metrics and enhanced by solid contributions from its wealth management and mortgage banking business lines.
Cortland Bancorp declares $0.06 dividend
Seeking Alpha - at Seeking Alpha - Fri Apr 24, 2:52PM CDT
Cortland Bancorp Declares Quarterly Cash Dividend of $0.06 Per Share
GlobeNewswire - Fri Apr 24, 2:47PM CDT
Cortland Bancorp (OTCQB:CLDB), the holding company for Cortland Savings and Banking Company, today announced that its Board of Directors declared a quarterly cash dividend of $0.06 per share. The dividend will be payable on or after June 1, 2015 to shareholders of record on May 12, 2015.
Cortland Bancorp Adopts Stock Repurchase Program
GlobeNewswire - Fri Mar 27, 3:13PM CDT
Cortland Bancorp (OTCQB:CLDB), the holding company for Cortland Savings and Banking Company, today announced that its Board of Directors approved a new stock repurchase program. Under the new program, the Company is authorized to repurchase up to 200,000, or 4.4% of its 4,527,849 issued and outstanding shares. The program is effective through December 31, 2015, but may be limited or terminated at any time without prior notice.
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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: 11.25 (+0.05)
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.