Cortland Bancorp (CLDB) financial statements (2020 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)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments28201915271812
Cash and cash equivalents28201915181112
Short-term investments    88 
Disposal group, including discontinued operation     1 
Total current assets:28201915271912
Noncurrent Assets
Operating lease, right-of-use asset2
Property, plant and equipment121099987
Total noncurrent assets:141099987
Other undisclosed assets696685683631577542538
TOTAL ASSETS:737715711655612569557
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt214352619204
Total current liabilities:214352619204
Noncurrent Liabilities
Long-term debt and lease obligation2416141825  
Long-term debt, excluding current maturities2416141825  
Total noncurrent liabilities:2416141825  
Other undisclosed liabilities637620601554511493504
Total liabilities:663650649598556513507
Stockholders' equity
Stockholders' equity attributable to parent74656258575650
Common stock24242424242424
Treasury stock, value(8)(7)(6)(5)(5)(4)(4)
Additional paid in capital21212121212121
Accumulated other comprehensive income (loss)1(4)(2)(3)(0)0(3)
Retained earnings36312421181512
Total stockholders' equity:74656258575650
TOTAL LIABILITIES AND EQUITY:737715711655612569557

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues3129272624232
Net investment income302823232121 
Financial services revenue33322
Cost of revenue(1)(1)(0)(0)(0)(2) 
Provision for loan, lease, and other losses(1)(1)
Financial services costs(0)(0)(0)(2) 
Gross profit:3028272623212
Operating expenses(5)(4)(15)(14)(13)(13)(11)
Operating income (loss):26241211109(9)
Nonoperating income0211011
Investment income, nonoperating  00010
Bank owned life insurance income0210000
Interest and debt expense(6)(4)(3)(3)(3)(3)(3)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes     (2)14
Income from continuing operations before equity method investments, income taxes:2121109852
Other undisclosed loss from continuing operations before income taxes(12)(11)(3)(3)(3)  
Income from continuing operations before income taxes:91076652
Income tax expense(1)(1)(2)(1)(1)(1)(0)
Net income available to common stockholders, diluted:7945442

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:7945442
Other comprehensive income (loss)5(2)1(3)(1)3(1)
Comprehensive income, net of tax, attributable to parent:12762471

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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