Item 2.02. Results of Operations and Financial Condition.
On October 24, 2018, Cortland Bancorp (the “Company”) issued a news release reviewing the Company’s financial results for the quarter ended September 30, 2018. A copy of this news release is included as Exhibit 99.1 and incorporated herein by reference.
This announcement may contain forward-looking statements that involve risk and uncertainties, including changes in general economic and financial market conditions and the Company’s ability to execute its business plans. Although management believes the expectations reflected in such statements are reasonable, actual results may differ materially.
The information in this Current Report onForm 8-K, including Exhibit 99.1 included herewith, is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liability of that Section, nor shall such information be deemed to be incorporated by reference in any registration statement or other document filed under the Securities Act of 1933 or the Exchange Act, except as otherwise stated in such filing.
Item 8.01 Other Events.
In a press release issued on October 24, 2018, President James M. Gasior announced that the Board of Directors of Cortland Bancorp (the “Company”) has declared a dividend of $0.11. The dividend is payable on or after December 3, 2018 to shareholders of record as of November 12, 2018. The press release is included as Exhibit 99.2 to this current report on Form 8K.
This announcement may contain forward-looking statements that involve risk and uncertainties, including changes in general economic and financial market conditions and the Company’s ability to execute its business plans. Although management believes the expectations reflected in such statements are reasonable, actual results may differ materially.
Item 9.01. Financial Statements and Exhibits.
Exhibit 99.1 – Press Release dated October 24, 2018
Exhibit 99.2 – Press Release dated October 24, 2018