Company: CMTV
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001654954-25-005620
Chunk: 8

Company: COMMUNITY BANCORP /VT
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 8
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. In addition to the definitions provided elsewhere in this quarterly report, the definitions, acronyms and abbreviations identified below are used throughout this report, including in Part I. “Financial Information” and Part II. “Other Information” and are intended to aid the reader and provide a reference page when reviewing this report. ABS:Asset backed securityFASB:Financial Accounting Standards BoardACL:Allowance for Credit LossesFDIC:Federal Deposit Insurance CorporationAFS:Available-for-saleFDICIA:Federal Deposit Insurance CorporationAgency MBS:MBS issued by a US government agencyImprovement Act of 1991or GSEFHLBB:Federal Home Loan Bank of BostonALCO:Asset Liability CommitteeFHLMC: Federal Home Loan Mortgage CorporationAOCI:Accumulated other comprehensive incomeFOMC:Federal Open Market CommitteeASC:Accounting Standards CodificationFRB:Federal Reserve BoardASU:Accounting Standards UpdateFRBB:Federal Reserve Bank of BostonBancorp:Community Bancorp.GAAP:Generally Accepted Accounting PrinciplesBank:Community National Bankin the United StatesBHG:Bankers Healthcare GroupGSE:Government sponsored enterpriseBIC:Borrower-in-CustodyHTM:Held-to-maturityBoard:Board of DirectorsICS:Insured Cash Sweeps of the IntraFi NetworkBOLI:Bank owned life insuranceIRS:Internal Revenue Servicebp or bps:Basis point(s)JNE:Jobs for New EnglandBTFP:Bank Term Funding ProgramJr:JuniorCDARS:Certificate of Deposit Accounts Registry MBS:Mortgage-backed securityService of the IntraFi Network MSRs:Mortgage servicing rightsCDs:Certificates of depositNII:Net interest incomeCECL:Current Expected Credit LossOAS:Other amortizing securityCFSG:Community Financial Services Group, LLCOBS:Off-balance sheetCFS Partners:Community Financial Services Partners,OCI:Other comprehensive income (loss)LLCOREO:Other real estate ownedCME:CME Group Benchmark Administration Ltd.OTTI:Other-than-temporary impairmentCMO:Collateralized Mortgage ObligationsPMI:Private mortgage insuranceCompany:Community Bancorp. and SubsidiaryPPP:Paycheck Protection ProgramCRE:Commercial Real EstateRD:USDA Rural DevelopmentDCF:Discounted cash flowSBA:U.S. Small Business AdministrationDDA or DDAs:Demand Deposit Account(s)SEC:U.S. Securities and Exchange CommissionDTC:Depository Trust CompanySOFR