News Room

Cortland Banks announces 3 new additions to the Commercial Lending Team
CORTLAND -  Cortland Bancorp the holding company for the Cortland Savings and Banking Company (the “Bank”), along with Chief Executive Officer James Gasior and Executive Vice President Tim Carney, would like to announce the appointment of Nick Berardino, Stanley J. Magielski and Joseph A. Marino,  as new members of the CSBC Commercial Lending Team. The appointments are effective July 13, 20, and August 2, respectively.

Cortland Bancorp Reports Profit for Second Quarter 2010
Cortland Bancorp (the "Company;" OTCBB: CLDB) today reported net income of $1.3 million for the second quarter of 2010, or $0.29 per share versus a net loss of $4.6 million in the second quarter of 2009, or ($1.01) per share.

Cortland Bancorp Welcomes New Member to Board of Directors: Joseph E. Koch
CORTLAND - Cortland Bancorp the holding company for the Cortland Savings and Banking Company (the "Bank"), announced today that the Company’s Board of Directors approved the appointment of Joseph E. Koch as a member of the Board of Directors of the Company and Bank. The appointment is effective May 18, 2010.

Cortland Bancorp Reports First Quarter 2010 Results
Cortland Bancorp (the "Company;" OTCBB: CLDB) today reported net income of $894 thousand for the first quarter of 2010, or $0.20 per share versus a net loss of $1.40 million in the first quarter of 2009, or ($.31) per share.

Cortland Bancorp Reports Fourth Quarter and Year to Date 2009 Earnings
Cortland Bancorp (the “Company;” OTCBB:  CLDB) announced today it’s fourth quarter and year to date results for the period ending December 31, 2009.  The Company reported net income of $643,000 or $0.14 per share for the quarter ending December 31, 2009. 

Stanley P. Feret Annouced as Chief Lending Officer
CORTLAND -  Cortland Bancorp the holding company for the Cortland Savings and Banking Company (the “Bank”), announced today that the Company’s Board of Directors approved the appointment of Stanley P. Feret as Senior Vice President and Chief Lending Officer of the Company and Bank.  The appointment is effective March 10, 2010.

Working Together, Works. Cortland Banks joins Harvest for Hunger. To benefit Second Harvest Food Bank
Cortland Banks is teaming up with Second Harvest Food Bank for the month of March to help generate donations of food and funds to those in our Valley who need it most. During the month of March, Cortland Banks will make a donation for every checking account* opened by a new deposit customer or referred by an existing customer; each new customer who mentions Harvest for Hunger will have a $25.00 donation made out in his/her name for the Second Harvest Food Bank of the Mahoning Valley.

Cortland Bancorp Announces Appointment of David J. Lucido as Chief Financial Officer
CORTLAND -  Cortland Bancorp the holding company for the Cortland Savings and Banking Company (the “Bank”), announced today that the Company’s Board of Directors approved the appointment of David Lucido as Chief Financial Officer of the Company and Bank.  The appointment is effective January 18, 2010.

James M. Gasior Appointed President, CEO
The Board of Directors of Cortland Bancorp (the “Company”) and the Cortland Savings and Banking Company (the “Bank”) appointed, effective November 2, 2009, James M. Gasior as President and Chief Executive Officer of the Company and the Bank. Also effective November 2, 2009, the Board of Directors appointed Timothy Carney as Director and Executive Vice President of the Company and the Bank.

Cortland Banks Welcomes Nicole Whitsel
Cortland Banks announces the hiring of Nicole Whitsel as Risk Manager.