Company: CMTV
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001654954-25-009542
Chunk: 79

Company: COMMUNITY BANCORP /VT
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 79
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 portfolio.  No part of the ACL is segregated to absorb losses from any loan or segment of loans.

When establishing the ACL each quarter, the Company applies a combination of significant key assumptions and methodologies, as discussed in the ACL section under Critical Accounting Policies in this MD&A and presented in Note 5 of the accompanying unaudited interim consolidated financial statements. 

The following table summarizes the Company’s credit risk ratios for the balance sheet dates presented:

  June 30,  December 31,   2025  2024        ACL to total loans outstanding  1.12%  1.06%ACL $10,549,531  $9,810,212 Loans outstanding $941,762,995  $927,940,805          Non-accruing loans to loans outstanding  0.92%  0.90%Non-accruing loans $8,674,342  $8,338,166 Loans outstanding $941,762,995  $927,940,805          ACL to non-accruing loans  121.62%  117.65%ACL $10,549,531  $9,810,212 Non-accruing loans $8,674,342  $8,338,166 

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The following table shows the breakdown of the ACL by loan segment and the percentage of loans in each category to total loans in the respective portfolios at the date indicated:

  June 30, 2025  December 31, 2024   Amount  Percent  Amount  Percent              Commercial & industrial $697,125   13.61% $727,488   13.37%Purchased  32,580   1.23%  22,415   0.84%Commercial real estate  6,760,034   52.14%  6,487,700   50.88%Municipal  106,028   4.50%  167,719   7.23%Residential real estate - 1st lien  2,602,099   24.16%  2,087,034   23.50%Residential real estate - Jr lien  326,582