Company: CMTV
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001654954-25-013041
Chunk: 3

Company: COMMUNITY BANCORP /VT
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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,251          Earnings per common share $0.84  $0.55 Weighted average number of common shares used in computing earnings per share   5,607,086   5,563,774 Dividends declared per common share $0.25  $0.24 

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

 4Table of Contents

Community Bancorp. and Subsidiary Nine Months Ended September 30, Consolidated Statements of Income 2025   2024 (Unaudited)             Interest income      Interest and fees on loans $41,108,667  $36,484,552 Interest on taxable debt securities  2,719,893   2,786,379 Interest on tax-exempt debt securities  241,234   241,234 Dividends  174,886   169,706 Interest on federal funds sold and overnight deposits  547,302   342,343 Total interest income  44,791,982   40,024,214          Interest expense        Interest on deposits  11,923,830   10,116,896 Interest on borrowed funds  1,478,729   3,379,454 Interest on repurchase agreements  818,772   570,913 Interest on junior subordinated debentures  726,796   836,089 Total interest expense  14,948,127   14,903,352          Net interest income  29,843,855   25,120,862 Credit loss expense  990,853   1,105,906 Net interest income after credit loss expense  28,853,002   24,014,956          Non-interest income        Service fees  2,859,310   2,834,439 Income from sold loans  268,470   273,867 Other income from loans  862,385   913,994 Other income  1,742,209   1,390,698 Total non-interest income  5,732,374   5,412,998          Non-interest expense        Salaries and wages  7,145,388