No insider purchase over the last 90 days. The latest, by KABACK NEIL J, was filed 09 Sept 2021.
Cortland Bancorp Inc, classified in the Finance & Banking sector, is a listed company. Its insiders report their share dealings to SEC (Form 4). No insider at Cortland Bancorp Inc has published a filing in the past twelve months. The most recent one dates from 2 November 2021.
Looking back to 2016, when coverage begins, insiders filed 55 purchases and 1 sale.
Elsewhere in the same sector, our signals recently picked up insider purchases at First Guaranty Bancshares, Inc. and BCB Bancorp Inc. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended December 2020 · cache
25 of 78 declarations
Cortland Bancorp Inc. (ticker: CLDB) was a U.S. regional banking holding company with a classic community-bank profile. For international investors, the key point is that CLDB was built around relationship banking in a local Ohio footprint rather than around a national scale platform. SEC filings show that Cortland Bancorp was incorporated in Ohio in 1984 as a one-bank holding company and that its principal activity was to own, manage, and supervise The Cortland Savings and Banking Company, its wholly owned banking subsidiary. The company was headquartered in Cortland, Ohio, at 194 West Main Street, reinforcing its identity as a locally rooted financial institution serving a concentrated market area. ([sec.gov](https://www.sec.gov/Archives/edgar/data/774569/000156459018006552/cldb-10k_20171231.htm?utm_source=openai))
From a business-model perspective, Cortland Bancorp operated in the traditional U.S. community banking space. Its core franchise centered on deposits, commercial and retail lending, and lending secured by residential and commercial real estate. Historical SEC materials also reference mortgage-related activity and leasing as complementary lines of business, indicating a modest degree of product diversification beyond plain vanilla deposit-and-loan banking. The competitive advantage of a bank of this type typically comes from local market knowledge, customer relationships, credit underwriting discipline, and the ability to serve small businesses, households, and local property owners more efficiently than larger out-of-market competitors. ([sec.gov](https://www.sec.gov/Archives/edgar/data/774569/000156459018006552/cldb-10k_20171231.htm?utm_source=openai))
CLDB was a U.S.-listed equity and SEC filer, and the historical record shows that its shares traded under the CLDB symbol, with references to OTCQX and later NASDAQ before the company ceased to exist as an independent public issuer. That means CLDB should now be viewed as a legacy listed name rather than an actively traded stand-alone opportunity on NYSE or NASDAQ. The presence of archived SEC Form 4 filings is consistent with its prior status as a reporting company, but these insider transaction records are historical rather than indicative of an ongoing standalone listing. ([sec.gov](https://www.sec.gov/Archives/edgar/data/774569/000156459018006552/cldb-10k_20171231.htm?utm_source=openai))
The most important recent event was the completion of Farmers National Banc Corp.’s merger with Cortland Bancorp in November 2021, which ended Cortland’s life as an independent public company. Strategically, that transaction fits a broader pattern in U.S. regional banking: consolidation to gain scale, improve funding resilience, broaden product capabilities, and spread compliance and technology costs over a larger asset base. In practical terms, CLDB’s recent history is therefore one of acquisition and integration, not of standalone organic expansion. For French-, Belgian-, and Swiss-based investors, CLDB is best understood as a historical example of a small U.S. community bank that was absorbed into a larger regional banking group. ([businesswire.com](https://www.businesswire.com/news/home/20211101005707/en/Farmers-National-Banc-Corp.-Completes-Merger-with-Cortland-Bancorp-Adds-Two-New-Board-Members?utm_source=openai))
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Dividend per share | Filing |
|---|---|---|---|---|---|
| Dec 2020 | n.d. | 8.3 m USD | 1.97 USD | 0.61 USD | 10-K |
| Dec 2019 | n.d. | 7.3 m USD | 1.68 USD | 0.50 USD | 10-K |
| Dec 2018 | n.d. | 8.8 m USD | 2.03 USD | 0.49 USD | 10-K |
| Dec 2017 | n.d. | 4.3 m USD | 0.99 USD | 0.39 USD | 10-K |
| Dec 2016 | n.d. | 4.9 m USD | 1.11 USD | 0.28 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.