CORTLAND BANCORP INC
Financials · Savings Institution, Federally Chartered · OH · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|---|
| Revenue | $3.1M | $3.1M | $2.3M | — | — | — |
| Operating income | — | — | — | — | — | — |
| Net income | $8.3M | $7.3M | $8.8M | $4.3M | $4.9M | $4.4M |
| Total assets | $821.3M | $737.2M | $714.7M | $711.1M | $655.2M | $612.4M |
| Total liabilities | $740.3M | $662.8M | $649.7M | $649.5M | $597.5M | $555.8M |
| Equity | $81.0M | $74.3M | $64.9M | $61.6M | $57.7M | $56.7M |
| EPS (diluted) | $1.97 | $1.68 | $2.03 | $0.99 | $1.11 | $0.97 |
| Shares out. | 4.2M | 4.3M | 4.4M | 4.4M | 4.4M | 4.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2020- Operating margin
- —
- Net margin
- 269.5%
- Return on equity
- 10.2%
- Return on assets
- 1.0%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 90.1%
- Debt / equity
- 9.14×
- Book value / share
- $19.30
- Revenue growth (YoY)
- −1.7%
- Net income growth (YoY)
- 13.5%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2020- Accruals / assets
- −0.2%clean
- Piotroski F-Score
- 5/7mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 warning● 2 good- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsNov 1, 2021
- Shareholder voteOct 27, 2021
- Other material eventOct 20, 2021
- Results of operationsJul 27, 2021
- Other material eventJul 21, 2021
- Entered a material agreement · Director / officer changeJun 23, 2021
- Other material eventMay 27, 2021
- Shareholder voteMay 19, 2021
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SC 13G/AFeb 11, 2022
- 15-12BNov 12, 2021
- S-3DPOSNov 9, 2021
- S-3DPOSNov 9, 2021
- S-8 POSNov 9, 2021
- S-8 POSNov 9, 2021
- 4FORM 4 SUBMISSIONNov 2, 2021
- 4FORM 4 SUBMISSIONNov 2, 2021
- 4FORM 4 SUBMISSIONNov 2, 2021
- 4FORM 4 SUBMISSIONNov 2, 2021
- 4FORM 4 SUBMISSIONNov 2, 2021
- 4FORM 4 SUBMISSIONNov 1, 2021
- 4FORM 4 SUBMISSIONNov 1, 2021
- 4FORM 4 SUBMISSIONNov 1, 2021
- 4FORM 4 SUBMISSIONNov 1, 2021
Event-driven situations (1)
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