Company: CMTV
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001654954-25-009542
Chunk: 45

Company: COMMUNITY BANCORP /VT
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 45
---
704   0   1,165   0   1,165 Accrued interest receivable  4,472   0   4,472   0   4,472                      Financial liabilities:                    Deposits                    Other deposits  987,832   0   986,544   0   986,544 Brokered deposits  13,813   0   13,899   0   13,899 Short-term advances  41,500   0   41,505   0   41,505 Long-term advances  31,100   0   31,104   0   31,104 Repurchase agreements  48,944   0   48,944   0   48,944 Operating lease obligations  371   0   371   0   371 Finance lease obligations  3,198   0   3,198   0   3,198 Subordinated debentures  12,887   0   12,750   0   12,750 Accrued interest payable  2,409   0   2,409   0   2,409 

 (1) Reported fair value represents all MSRs for loans serviced by the Company, regardless of carrying amount.

Note 9. Legal Proceedings In the normal course of business, the Company is involved in litigation that is considered incidental to its business.  Management does not expect that any such litigation will be material to the Company's consolidated financial condition or results of operations.

Note 10.  Subsequent Events The Company has evaluated events and transactions through the date that the financial statements were issued for potential recognition or disclosure in these financial statements, as required by GAAP.  On July 16, 2025, the Company’s Board declared a cash dividend of $0.24 per common share, payable August 1, 2025, to shareholders of record as of July 15, 2025.  This dividend has been recorded in the Company’s consolidated financial statements as of the declaration date, including shares issuable under the DRIP.

 29Table of Contents

ITEM 2. Management's Discussion and Analysis of Financial Condition and Results of Operations

MANAGEMENT'S DISCUSSION AND ANAL