Company: CMTV
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001654954-25-005620
Chunk: 19

Company: COMMUNITY BANCORP /VT
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 19
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 ratings are dynamic and require updating whenever relevant information is received. Risk ratings are assessed on an ongoing basis and at various points, including at delinquency or at the time of other adverse events. For larger, more complex or adversely rated loans, risk ratings are also assessed at the time of annual or periodic review. Lenders are required to make immediate disclosure to the Senior Lender of any known increase in loan risk, even if considered temporary in nature.

 15Table of Contents

The risk ratings within the loan portfolio by loan segment and origination year, were as follows: As of March 31, 2025                   Revolving  Revolving                        Loans  Loans      Term Loans Amortized Cost Basis by Origination Year  Amortized  Converted       2025  2024  2023  2022  2021  Prior  Cost Basis  to Term  Total   (Dollars in Thousands) Commercial & Industrial:                           Pass $3,326  $23,528  $12,222  $13,915  $7,358  $6,961  $44,617  $0  $111,927 Special mention  0   0   0   0   121   0   751   0   872 Substandard/Doubtful  0   62   342   4,221   552   1,839   1,625   0   8,641 Total $3,326  $23,590  $12,564  $18,136  $8,031  $8,800  $46,993  $0  $121,440                                      Purchased:                                    Pass $0  $0  $3,761  $78  $861  $2,542  $0  $0  $7,242 Total $0  $0  $3,761  $78  $861  $2,542  $0  $0  $7,242                                      Commercial real estate: