Company: CMTV
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001654954-25-013041
Chunk: 109

Company: COMMUNITY BANCORP /VT
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 2
Chunk 109
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   91,800   0.09%  147,738,676   96,754   0.09%Time deposits  198,522,941   5,209,862   3.51%  147,656,997   4,016,337   3.63%Repurchase agreements  42,753,970   818,772   2.56%  31,298,729   570,913   2.44%Borrowed funds  44,530,334   1,425,218   4.28%  92,516,088   3,321,998   4.80%Finance lease obligations  3,101,243   53,511   2.30%  3,331,163   57,456   2.30%Junior subordinated debentures  12,887,000   726,796   7.54%  12,887,000   836,089   8.67%Total interest-bearing liabilities  878,253,704  $14,948,127   2.28%  831,398,489  $14,903,352   2.39%Non-interest bearing deposits  195,415,601           187,634,795         Other liabilities  9,768,533           5,706,198         Total liabilities  1,083,437,838           1,024,739,482         Shareholders' equity  103,547,712           91,073,851         Total liabilities and shareholders' equity $1,186,985,550          $1,115,813,333                                  Net interest income     $30,479,920          $25,640,662     Net interest spread (3)          3.14%          2.75%Net interest margin (4)          3.64%          3.25%

(1)Included in net loans are non-accrual loans with average balances of $8,622,384 and $6,075,373 for the nine months ended September 30, 2025 and 2024, respectively. Loans are stated net