Company: CMTV
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001654954-25-013041
Chunk: 10

Company: COMMUNITY BANCORP /VT
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 10
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  0 Dividends paid on preferred stock  (84,375)  (95,625)Dividends paid on common stock  (2,941,768)  (2,744,617)Net cash (used in) provided by financing activities  (38,337,563)  64,950,604          Net (decrease) increase in cash and cash equivalents  (50,074,643)  29,386,503 Cash and cash equivalents:        Beginning  110,940,202   20,434,513 Ending $60,865,559  $49,821,016          Supplemental Schedule of Cash Paid During the Period:        Interest $16,860,418  $13,547,359          Income taxes, net of refunds $1,703,000  $1,271,000          Supplemental Schedule of Noncash Investing and Financing Activities:        Change in unrealized gain on securities AFS $6,638,354  $4,444,072          Loans transferred to OREO $319,019  $275,000          Additions to operating lease liabilities $510,199  $138,058          Investment in limited partnerships, not yet paid $4,356,000  $0          Common Shares Dividends Paid:        Dividends declared $4,027,225  $3,819,358 Increase in dividends payable attributable to dividends declared  (16,567)  (16,269)Dividends reinvested  (1,068,890)  (1,058,472)Total dividends paid $2,941,768  $2,744,617 

The accompanying notes are an integral part of these unaudited interim consolidated financial statements. 

 10Table of Contents

Notes to Consolidated Financial Statements

Note 1.  Basis of Presentation and Consolidation and Certain Definitions Basis of Presentation and Consolidation. The interim consolidated financial statements of Community Bancorp. and Subsidiary are unaudited.  All significant intercompany balances and transactions have been eliminated in consolidation.  In the opinion of management, all adjustments necessary for the fair presentation of the consolidated financial condition