Company: CMTV
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001654954-25-005620
Chunk: 90

Company: COMMUNITY BANCORP /VT
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 2
Chunk 90
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,863  $8,510,618 

 32Table of Contents

The following table presents the daily average assets and the daily average liabilities, including the yields on interest-earning assets and interest-bearing liabilities for the comparison periods presented. Interest income (excluding interest on non-accrual loans) is expressed on a tax equivalent basis, both in dollars and as a yield/rate for the comparison periods presented. Net interest income, net interest spread, and net interest margin are also expressed on a tax equivalent basis.

  Three Months Ended March 31,     2025      2024           Average        Average   Average  Income/  Yield/  Average  Income/  Yield/   Balance  Expense  Rate  Balance  Expense  Rate Average Assets                  Loans, net (1) $929,855,663  $13,411,196   5.85% $846,950,757  $11,809,815   5.61%Taxable investment securities  149,766,292   859,231   2.33%  175,344,669   972,349   2.23%Tax-exempt investment securities  10,221,261   101,786   4.04%  10,362,046   101,786   3.95%Sweep and interest-earning accounts  30,281,514   321,948   4.31%  6,458,150   85,933   5.35%Other investments (2)  2,890,037   47,890   6.72%  2,250,212   42,384   7.58%Total interest-earning assets  1,123,014,767  $14,742,051   5.32% $1,041,365,834  $13,012,267   5.03%Cash and due from banks  10,103,399           9,979,149         Premises and equipment  12,045,058           12,384,217         BOLI  5,325,319           5,239,847         Goodwill