The estimated Net Worth of Timothy Carney is at least $2.75 Million dollars as of 27 January 2023. Mr. Carney owns over 10,000 units of Cortland Bancorp stock worth over $2,111,713 and over the last 22 years he sold CLDB stock worth over $35,736. In addition, he makes $602,069 as Chief Operating Officer, Executive Vice President, Secretary of the Company and Bank, and Director at Cortland Bancorp.
Timothy has made over 7 trades of the Cortland Bancorp stock since 2012, according to the Form 4 filled with the SEC. Most recently he bought 10,000 units of CLDB stock worth $134,100 on 27 January 2023.
The largest trade he's ever made was buying 10,000 units of Cortland Bancorp stock on 27 January 2023 worth over $134,100. On average, Timothy trades about 1,380 units every 189 days since 2003. As of 27 January 2023 he still owns at least 72,443 units of Cortland Bancorp stock.
You can see the complete history of Mr. Carney stock trades at the bottom of the page.
Timothy B. Carney serves as Chief Operating Officer, Executive Vice President, Secretary of the Company and Bank, Director of the Company. He was previously Senior Vice President and Chief Operations Officer of the Company and the Bank. Prior to joining the bank, Mr. Carney was employed by a accounting firm and had experience in all financial activities and financial reporting, audit preparation, budgeting, and knowledge of government regulatory requirements. The Corporate Governance Committee and the Board believe that the experiences, qualifications, attributes and skills that Mr. Carney has developed allow him to provide valuable accounting, strategic planning and corporate governance expertise to the Board.
As the Chief Operating Officer, Executive Vice President, Secretary of the Company and Bank, and Director of Cortland Bancorp, the total compensation of Timothy Carney at Cortland Bancorp is $602,069. There are 1 executives at Cortland Bancorp getting paid more, with James Gasior having the highest compensation of $682,813.
Timothy Carney is 54, he's been the Chief Operating Officer, Executive Vice President, Secretary of the Company and Bank, and Director of Cortland Bancorp since 2009. There are 10 older and no younger executives at Cortland Bancorp. The oldest executive at Cortland Bancorp is Thomas Perciak, 72, who is the Independent Director.
Timothy's mailing address filed with the SEC is 20 S BROAD STREET, PO BOX 555, CANFIELD, OH, 44406.
Over the last 22 years, insiders at Cortland Bancorp have traded over $889,526 worth of Cortland Bancorp stock and bought 151,231 units worth $2,251,548 . The most active insiders traders include Timothy K Woofter, Timothy Carney, and Richard B Thompson. On average, Cortland Bancorp executives and independent directors trade stock every 5 days with the average trade being worth of $8,570. The most recent stock trade was executed by Timothy K Woofter on 9 September 2021, trading 54 units of CLDB stock currently worth $1,500.
Cortland Bancorp is a financial holding company headquartered in Cortland, Ohio. Founded in 1892, the bank subsidiary, The Cortland Savings and Banking Company conducts business through 14 full-service community banking offices located in the counties of Trumbull, Mahoning, Portage, Ashtabula, Summit, and Cuyahoga in Northeastern Ohio and a financial service center in Fairlawn, Ohio.
Cortland Bancorp executives and other stock owners filed with the SEC include: