Company profile

CVLY stock data

(
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Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

2 Nov 20
16 Jan 21
31 Dec 21

News

Quarter (USD) Sep 20 Jun 20 Mar 20 Sep 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
4 Jan 21 Messick John Rodney Common Stock Buy Aquire P No 17.08 200 3.42K 2,850
11 Dec 20 Altland Stephen M Common Stock Payment of exercise Dispose F No 16.98 116 1.97K 12,257.027
11 Dec 20 Altland Stephen M Common Stock Payment of exercise Dispose F No 16.98 134 2.28K 12,373.027
11 Dec 20 Diane E Baker Common Stock Payment of exercise Dispose F No 16.98 133 2.26K 13,045.727
11 Dec 20 Diane E Baker Common Stock Payment of exercise Dispose F No 16.98 207 3.51K 13,178.727
11 Dec 20 Scott R Campagna Common Stock Payment of exercise Dispose F No 16.98 119 2.02K 3,213.881
11 Dec 20 Scott R Campagna Common Stock Payment of exercise Dispose F No 16.98 140 2.38K 3,332.881
10 Dec 20 Brown Sarah M Common Stock Buy Aquire P No 16.8909 578 9.76K 1,376.025
10 Dec 20 Altland Stephen M Common Stock Payment of exercise Dispose F No 16.92 79 1.34K 12,507.027
10 Dec 20 Diane E Baker Common Stock Payment of exercise Dispose F No 16.92 100 1.69K 13,385.727
54.6% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 49 53 -7.5%
Opened positions 0 5 EXIT
Closed positions 4 10 -60.0%
Increased positions 10 17 -41.2%
Reduced positions 25 17 +47.1%
13F shares
Current Prev Q Change
Total value 582.38M 632.54M -7.9%
Total shares 5.34M 5.25M +1.8%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
FMR 868.09K $11.37M -1.0%
Fourthstone 663.07K $8.69M +58.9%
Banc Funds 655.17K $8.58M -1.7%
BLK Blackrock 501.83K $6.57M -1.1%
Vanguard 448.25K $5.87M -0.1%
Maltese Capital Management 393.49K $5.16M -7.5%
Dimensional Fund Advisors 302.56K $3.96M +0.4%
Endicott Management 268.61K $3.52M 0.0%
STT State Street 166.65K $2.18M -3.1%
Renaissance Technologies 153.31K $2.01M -13.7%
Largest transactions
Shares Bought/sold Change
Fourthstone 663.07K +245.73K +58.9%
Creative Planning 0 -49.5K EXIT
Maltese Capital Management 393.49K -31.75K -7.5%
Renaissance Technologies 153.31K -24.3K -13.7%
Banc Funds 655.17K -11.5K -1.7%
Bridgeway Capital Management 74.77K +10K +15.4%
FMR 868.09K -8.84K -1.0%
Tower Research Capital 9.83K +8.16K +488.9%
BAC Bank Of America 4.89K -5.8K -54.3%
BLK Blackrock 501.83K -5.37K -1.1%

Financial report summary

?
Competition
Carroll
Management Discussion
  • The full year 2019 net income available to shareholders of $18,647,000 represents a decrease of $895,000 compared to the full year 2018 earnings of $19,542,000. Earnings per share were $1.89 basic and $1.88 diluted for 2019 compared to $1.98 basic and $1.96 diluted for 2018. The decrease in net income and earnings per share for the year was primarily the result of higher noninterest expense in 2019 as compared to 2018. Personnel costs increased in 2019 due to executive level positions being vacant in the first half of 2018. In addition, a write down on foreclosed real estate during the fourth quarter 2019 resulted in increased noninterest expense for the year 2019.
  • Net interest income, which totaled $63,939,000 for the year ended December 31, 2019, represented an increase of $19,000 or less than 1 percent above net interest income of $63,920,000 for 2018. The slight change in net interest income was primarily due to an increase in the volume and rate on commercial loans, offset by a corresponding increase in the rate on interest bearing deposits.
  • The loan loss provision for 2019 was $2,450,000, a decrease of $250,000 compared to a provision of $2,700,000 for 2018. The decreased loan loss provision was the result of a decrease of $718,000 in the unallocated portion of the loan loss provision, offset by modest net loan growth and a minimal increase in total nonperforming assets compared to 2018. The allowance for loan losses as a percentage of total period-end loans was 1.40 percent and 1.29 percent as of December 31, 2019 and 2018, respectively. The provision for loan losses for both periods supported adequate allowance for loan loss coverage considering several factors, including the size, composition, and risks to the loan portfolio, the level of specific reserves, and realized net charge-offs.
Content analysis ?
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Constraining
Legalese
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Readability
H.S. freshman Bad
New words: contact, free, Hanover, notifying, precipitated, protocol, recreation, reinforce, restaurant, safeguarding, social, steady, tailored, unrest, urban
Removed: continued, electronic, outsourcing, reliance