CORTLAND BANCORP INC CLDB Balance Sheet

Cortland bancorp inc (CLDB)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
ASSETS
Cash and due from banks
7,946	8,448	8,483	7,026	7,605	11,333	6,189	6,701	6,356	9,741	7,379	7,515	7,536	7,021	7,944	6,807	7,171	8,454	7,172	7,571	7,359	6,588	7,459	8,944	8,238	8,271	9,585	7,046	7,234	18,538	11,622	7,283	8,827	10,055	7,311	7,796	6,894
Interest-earning deposits
35,171	19,367	12,025	17,213	12,381	8,359	11,097	4,276	21,182	9,384	5,004	11,401	8,394	8,330	14,343	12,176	5,599	10,042	7,078	1,773	4,659	3,981	8,926	2,774	8,148	4,125	16,153	11,121	22,004	9,039	29,207	9,813	4,114	6,121	9,521	12,937	8,910
Total cash and cash equivalents
43,117	27,815	20,508	24,239	19,986	19,692	17,286	10,977	27,538	19,125	12,383	18,916	15,930	15,351	22,287	18,983	12,770	18,496	14,250	9,344	12,018	10,569	16,385	11,718	16,386	12,396	25,738	18,167	29,238	27,577	40,829	17,096	12,941	16,176	16,832	20,733	15,804
Investment securities available-for-sale (Note 3)
130,643	136,131	136,456	136,236	136,372	136,923	-	-	-	159,841	-	-	-	-	-	-	-	-	-	-	-	-	165,006	170,913	162,525	-	150,943	165,875	176,009	184,646	175,024	177,228	182,686	185,916	188,712	176,689	168,158
Investment securities available-for-sale (Note 3)
-	-	-	-	-	-	137,845	141,538	141,717	-	165,049	162,677	165,099	179,219	164,138	163,614	157,927	153,901	151,726	159,501	162,583	162,247	-	-	-	160,886	-	-	-	-	-	-	-	-	-	-	-
Regulatory stock (Note 3)
2,995	2,835	2,835	2,835	2,581	2,581	2,581	2,581	-	2,581	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trading securities (Note 2)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	182	8,116	8,134	8,083	7,955	7,929	7,861	7,799	7,679	7,450	7,247	7,159	6,952	-	-	-	-	-	-	-	-	-
Loans held for sale
4,711	4,890	4,988	5,676	2,321	1,040	1,077	2,524	1,216	2,780	3,523	3,125	2,436	4,554	4,039	5,477	4,080	4,033	3,122	-	-	632	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment securities held-to-maturity (estimated fair value of $20,941 in 2010) (Note 2)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	20,300
Loans held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,774	1,398	-	953	56	570	656	5,939	14,458	16,628	24,756	15,999	14,882	6,804	947	-	-	262
Total loans (Note 4)
482,239	518,716	488,435	477,946	482,313	514,392	481,914	466,448	451,914	487,490	411,417	409,766	397,087	419,768	395,763	384,058	373,788	394,254	359,834	357,873	343,911	360,185	330,187	316,567	312,223	346,833	314,927	301,912	297,463	317,282	293,194	284,257	277,357	289,096	263,730	258,904	265,179
Less allowance for loan losses (Note 4)
5,087	4,465	4,641	4,485	4,340	4,198	4,152	4,095	3,884	4,578	4,777	4,830	4,855	4,868	4,915	4,860	5,180	5,194	5,176	-	-	5,202	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less allowance for loan losses (Note 4)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,454	5,365	-	4,078	4,134	4,051	3,764	3,943	4,145	3,891	3,825	3,617	3,338	3,139	3,058	3,058	2,853	2,501
Net loans
477,152	514,251	483,794	473,461	477,973	510,194	477,762	462,353	448,030	482,912	406,640	404,936	392,232	414,900	390,848	379,198	368,608	389,060	354,658	352,419	338,546	354,983	326,109	312,433	308,172	343,069	310,984	297,767	293,572	313,457	289,577	280,919	274,218	286,038	260,672	256,051	262,678
Premises and equipment
12,211	12,018	11,752	11,225	10,526	10,202	9,298	9,145	9,283	9,038	9,107	9,221	9,315	9,132	8,916	8,923	9,009	9,190	9,190	8,373	7,791	7,697	7,813	6,608	6,592	6,676	6,795	6,845	6,608	6,565	6,524	6,571	6,446	6,474	6,548	6,575	6,720
Bank-owned life insurance
17,861	17,768	17,672	15,518	15,439	15,711	15,632	15,550	17,727	17,650	16,671	17,533	17,451	17,376	17,301	17,221	17,129	17,328	17,245	17,162	17,076	16,990	16,903	16,815	15,122	15,049	14,973	14,908	14,094	14,009	13,920	13,828	13,726	12,937	12,842	12,747	12,491
Other assets
23,960	21,454	22,616	21,493	20,298	18,323	19,823	18,032	17,627	17,174	18,611	18,328	17,430	14,652	13,633	12,763	12,754	12,301	11,976	11,291	8,655	7,953	8,329	8,195	9,109	10,939	14,046	12,837	10,318	11,230	12,635	12,175	11,625	11,342	12,151	11,828	13,860
Total assets
712,650	737,162	700,621	690,683	685,496	714,666	681,304	662,700	663,138	711,101	631,984	634,736	619,893	655,184	621,162	606,361	590,393	612,443	570,250	568,819	555,996	568,932	549,297	534,417	525,926	556,918	536,577	537,809	546,467	582,240	554,508	522,699	508,446	519,830	497,757	484,623	500,273
LIABILITIES
Noninterest-bearing deposits
132,888	133,340	138,537	144,578	128,641	136,886	133,643	130,318	123,523	123,291	117,434	113,200	111,952	117,225	112,996	106,018	109,188	108,144	98,701	94,115	89,801	94,731	89,359	92,178	87,195	89,905	84,009	84,086	82,389	91,675	82,304	74,425	73,712	70,726	68,802	64,137	61,362
Interest-bearing deposits
460,368	485,041	448,591	432,336	442,935	467,533	427,563	427,505	431,016	462,560	409,050	417,788	405,400	422,625	395,456	382,657	372,753	388,260	355,846	353,258	349,670	362,030	340,896	332,887	330,174	358,764	343,462	346,884	358,621	385,226	356,553	339,879	335,343	352,039	333,319	326,845	330,147
Total deposits
593,256	618,381	587,128	576,914	571,576	604,419	561,206	557,823	554,539	585,851	526,484	530,988	517,352	539,850	508,452	488,675	481,941	496,404	454,547	447,373	439,471	456,761	430,255	425,065	417,369	448,669	427,471	430,970	441,010	476,901	438,857	414,304	409,055	422,765	402,121	390,982	391,509
Securities sold under agreements to repurchase (Note 13)
1,675	1,922	1,307	1,675	1,638	2,206	-	-	-	2,678	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term borrowings (Note 13)
-	-	-	-	-	-	2,000	1,609	2,062	-	2,465	2,103	2,281	2,702	2,313	2,287	3,608	2,499	1,719	5,483	5,098	4,259	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Federal Home Loan Bank advances - short term
2,000	-	-	6,000	9,000	12,000	23,000	11,000	18,000	32,000	12,000	12,000	11,000	23,000	14,000	14,000	12,000	17,000	18,000	21,000	17,500	15,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Federal Home Loan Bank advances - long term
22,000	24,000	19,000	16,000	18,000	16,000	16,000	16,000	14,000	14,000	14,000	13,500	17,000	17,500	20,500	20,500	20,500	25,000	25,000	25,000	25,000	25,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,568	3,780	3,927	3,804	4,022	3,683	3,015	4,051	4,737	5,059	3,680	4,773	5,949	5,249	4,901
Federal Home Loan Bank advances - short term (Note 6)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22,500	-	-	8,100	-	-	-	-	-	-	-	-	-	-	-
Federal Home Loan Bank advances - short term
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,000	-	-	18,500	7,500	7,500	7,500	2,500	14,500	7,500	6,500	5,500	2,000	20,500
Federal Home Loan Bank advances - long term (Note 6)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,000	34,500	34,500	34,500	25,000	34,500	34,500	34,500	34,500	31,000	31,000	31,000	31,000	32,500	32,500
Subordinated debt (Note 7)
5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155	5,155
Other liabilities
15,355	13,366	13,878	13,775	11,808	9,968	11,898	9,289	9,255	9,787	10,146	11,080	9,051	9,307	10,408	15,521	8,919	9,701	8,594	8,353	6,617	6,405	6,574	6,514	12,666	7,155	7,284	7,115	4,717	4,681	18,199	4,544	4,423	3,918	3,764	4,022	3,856
Total liabilities
639,441	662,824	626,468	619,519	617,177	649,748	619,259	600,876	603,011	649,471	570,250	574,826	561,839	597,514	560,828	546,138	532,123	555,759	513,015	512,364	498,841	513,080	494,052	480,014	473,617	507,383	487,432	488,923	495,897	532,788	503,948	474,562	460,813	474,111	453,489	439,908	458,421
SHAREHOLDERS’ EQUITY
Commitments and contingent liabilities (Notes 8 and 16)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0
Common stock - $5.00 stated value - authorized 20,000,000 shares; issued 4,728,267 shares in 2020 and 2019; outstanding shares, 4,227,755 in 2020 and 4,323,822 in 2019
23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641	23,641
Additional paid-in capital
21,314	21,266	21,153	21,027	20,982	20,984	20,936	20,878	20,893	20,928	20,893	20,858	20,899	20,878	20,860	20,811	20,833	20,833	20,833	20,833	20,833	20,833	20,833	20,833	20,833	20,833	20,833	20,833	20,833	20,850	20,850	20,850	20,850	20,850	20,850	20,850	20,850
Retained earnings
36,745	36,187	34,808	33,345	32,498	31,089	29,544	28,270	25,454	24,403	24,441	22,649	21,822	21,485	20,654	19,768	18,904	17,851	17,032	16,076	15,432	14,555	14,239	13,510	12,698	11,502	12,100	11,619	10,956	10,262	10,862	9,596	8,644	7,485	6,657	5,603	3,413
Accumulated other comprehensive income (Note 10)
2,401	1,168	1,261	-139	-1,778	-3,656	-5,224	-4,113	-4,190	-1,825	-1,791	-1,958	-2,962	-2,961	552	1,148	295	-238	230	-388	802	376	85	-28	-1,310	-2,888	-3,876	-3,654	-1,307	-1,707	-1,199	-2,356	-1,908	-2,663	-3,286	-1,785	-2,458
Treasury stock, at cost, 500,512 shares in 2020 and 404,445 in 2019
10,892	7,924	6,710	6,710	7,024	7,140	6,852	6,852	5,671	5,517	5,450	5,280	5,346	5,373	5,373	5,145	5,403	5,403	4,501	3,707	3,553	3,553	3,553	3,553	3,553	3,553	3,553	3,553	3,553	3,594	3,594	3,594	3,594	3,594	3,594	3,594	3,594
Total shareholders’ equity
73,209	74,338	74,153	71,164	68,319	64,918	62,045	61,824	60,127	61,630	61,734	59,910	58,054	57,670	60,334	60,223	58,270	56,684	57,235	56,455	57,155	55,852	55,245	54,403	52,309	49,535	49,145	48,886	50,570	49,452	50,560	48,137	47,633	45,719	44,268	44,715	41,852
Total liabilities and shareholders’ equity
712,650	737,162	700,621	690,683	685,496	714,666	681,304	662,700	663,138	711,101	631,984	634,736	619,893	655,184	621,162	606,361	590,393	612,443	570,250	568,819	555,996	568,932	549,297	534,417	525,926	556,918	536,577	537,809	546,467	582,240	554,508	522,699	508,446	519,830	497,757	484,623	500,273