Cortland Bancorp (CLDB) financial statements (2021 and earlier)

Company profile

Business Address 194 W MAIN ST
CORTLAND, OH 44410
State of Incorp. OH
Fiscal Year End December 31
SIC 6035 - Savings Institutions, Federally Chartered (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments36282019152718
Cash and cash equivalents36282019151811
Short-term investments     88
Disposal group, including discontinued operation      1
Total current assets:36282019152719
Noncurrent Assets
Operating lease, right-of-use asset 2
Property, plant and equipment1212109998
Total noncurrent assets:1214109998
Other undisclosed assets774696685683631577542
TOTAL ASSETS:821737715711655612569
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt321435261920
Total current liabilities:321435261920
Noncurrent Liabilities
Long-term debt and lease obligation162416141825 
Long-term debt, excluding current maturities162416141825 
Total noncurrent liabilities:162416141825 
Other undisclosed liabilities721637620601554511493
Total liabilities:740663650649598556513
Stockholders' equity
Stockholders' equity attributable to parent81746562585756
Common stock24242424242424
Treasury stock, value(11)(8)(7)(6)(5)(5)(4)
Additional paid in capital21212121212121
Accumulated other comprehensive income (loss)51(4)(2)(3)(0)0
Retained earnings42363124211815
Total stockholders' equity:81746562585756
TOTAL LIABILITIES AND EQUITY:821737715711655612569

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues31312927262423
Net investment income27302823232121
Cost of revenue(2)(1)(1)(0)(0)(0)(2)
Provision for loan, lease, and other losses(2)(1)(1)
Financial services costs(0)(0)(0)(2)
Gross profit:29302827262321
Operating expenses(5)(5)(4)(15)(14)(13)(13)
Other operating income, net
(Noninterest Income, Other Operating Income)
1      
Operating income:2626241211109
Nonoperating income0021101
Investment income, nonoperating   0001
Bank owned life insurance income0021000
Interest and debt expense(4)(6)(4)(3)(3)(3)(3)
Other undisclosed loss from continuing operations before equity method investments, income taxes      (2)
Income from continuing operations before equity method investments, income taxes:22212110985
Other undisclosed loss from continuing operations before income taxes(13)(12)(11)(3)(3)(3) 
Income from continuing operations before income taxes:109107665
Income tax expense(1)(1)(1)(2)(1)(1)(1)
Net income available to common stockholders, diluted:8794544

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:8794544
Other comprehensive income (loss)45(2)1(3)(1)3
Comprehensive income, net of tax, attributable to parent:121276247

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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