|Cortland Bancorp -- USA Stock|| |
USD 18 0.05 0.28%
Mr. J. Martin Erbaugh is the Director of the Company and the Cortland Savings and Banking Company, the holding company for Cortland Bancorp. He was the President of JM Erbaugh Co., a private investment firm focusing on real estate development and service oriented startups. From 1978 to 1995, Mr. Erbaugh was the founder and Chief Executive Officer of Lawnmark, which served over 100, 000 customers with 18 offices in 6 states. Prior to that, he served as Director of Legal Affairs of Kent State University and was a General Manager of the Davey Tree Expert Company, currently serving as its Senior Advisor for Business Growth
Age: 66 Director Since 2016
Erbaugh was a founder and director of Morgan Bank, N.A. and Morgan Bancorp, Inc., Hudson, Ohio, from 1990 to 2007, and served as Chairman of the Board from 2002 to 2007. He also served as a Trustee of the Burton D. Morgan Foundation since 1990 and is currently its Vice President.
The company has return on total asset (ROA)
of 0.73 %
which means that it generated profit of $0.73 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE)
of 7.52 %
meaning that it created $7.52 on every $100 dollars invested by stockholders.
The company currently holds 33.12 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.
Cortland Bancorp operates as the bank holding company for The Cortland Savings and Banking Company that offer commercial and retail banking services in Northeastern Ohio and Western Pennsylvania. Cortland Bancorp (CLDB) is traded on OTC Market in USA. It is located in OHIO, U.S.A and employs 159 people. Cortland Bancorp is listed under Banking category by Fama And French industry classification.