David Cole - Cortland Bancorp Independent Director

Director

Mr. David C. Cole is Independent Director of Cortland Bancorp., since 1989. Mr. Cole is a Partner and President of Cole Valley Motor Company, an automobile dealership. He is President of JDT, Inc., Cole Valley Chevrolet, CJB Properties, and David Tom LTD, automobile sales, since 2001. As President of a familyowned automobile dealership located in Warren, Ohio, Mr. Cole is responsible for the management and daytoday operations of the business. He has a BS degree in business administration. Mr. Cole serves on the board of Forum Health. The Corporationrationrate Governance Committee and the Board believe that Mr. Coles experiences, qualifications, attributes and skills allow him to provide an extensive understanding of small business and retail needs. since 1989.
Age 55
Tenure 35 years
Phone330 637 8040
Webhttp://www.cortlandbank.com

Cortland Bancorp Management Efficiency

The company has return on total asset (ROA) of 1.24 % which means that it generated a profit of $1.24 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 12.23 %, meaning that it created $12.23 on every $100 dollars invested by stockholders. Cortland Bancorp's management efficiency ratios could be used to measure how well Cortland Bancorp manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 20.63 M in liabilities with Debt to Equity (D/E) ratio of 9.81, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist Cortland Bancorp until it has trouble settling it off, either with new capital or with free cash flow. So, Cortland Bancorp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cortland Bancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cortland to invest in growth at high rates of return. When we think about Cortland Bancorp's use of debt, we should always consider it together with cash and equity.

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Cortland Bancorp operates as the bank holding company for The Cortland Savings and Banking Company that provides commercial and retail banking services in Northeastern Ohio and Western Pennsylvania. Cortland Bancorp was founded in 1892 and is headquartered in Cortland, Ohio. Cortland Bncp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 151 people. Cortland Bancorp (CLDB) is traded on NASDAQ Exchange in USA and employs 151 people.

Management Performance

Cortland Bancorp Leadership Team

Elected by the shareholders, the Cortland Bancorp's board of directors comprises two types of representatives: Cortland Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cortland. The board's role is to monitor Cortland Bancorp's management team and ensure that shareholders' interests are well served. Cortland Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cortland Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Cole, Independent Director
Neil Kaback, Independent Director
James Gasior, CEO and President Director, CEO of the Cortland Savings and Banking Company and President of the Cortland Savings and Banking Company and Director of the Cortland Savings and Banking Company
Martin Erbaugh, Director
David Lucido, CFO, Chief Accounting Officer, Sr. VP, CFO of the Cortland Savings and Banking Company and Sr. VP of the Cortland Savings and Banking Company
Stanley Feret, Chief Lending Officer, Sr. VP, Chief Lending Officer of the Cortland Savings and Banking Company and Sr. VP of the Cortland Savings and Banking Company
Thomas Perciak, Director
Timothy Woofter, Independent Director
Anthony Vross, Independent Director
James Hoffman, Independent Director
Joseph Langhenry, Independent Director
Richard Thompson, Independent Director
Josheph Koch, Independent Director
Timothy Carney, Chief Operations Officer, Executive VP, Corporate Secretary, Director, Secretary of The Cortland Savings and Banking Company, Executive VP of The Cortland Savings and Banking Company, Chief Operations Officer of The Cortland Savings and Banking Company and Director of The Cortland Savings and Banking Company
Deborah Eazor, IR Contact

Cortland Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Cortland Bancorp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cortland Bancorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cortland Bancorp's short interest history, or implied volatility extrapolated from Cortland Bancorp options trading.

Pair Trading with Cortland Bancorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cortland Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cortland Bancorp will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Microsoft - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Microsoft to buy it.
The correlation of Microsoft is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Microsoft can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Cortland Bancorp information on this page should be used as a complementary analysis to other Cortland Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Other Consideration for investing in Cortland Stock

If you are still planning to invest in Cortland Bancorp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Cortland Bancorp's history and understand the potential risks before investing.
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