Company: CMTV
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001654954-25-009542
Chunk: 66

Company: COMMUNITY BANCORP /VT
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 66
---
iances allocated as follows:

Variance due to rate = Change in rate x new volume

Variance due to volume = Change in volume x old rate

Items which have shown a year-to-year decrease in volume have variances allocated as follows:

Variance due to rate = Change in rate x old volume

Variances due to volume = Change in volume x new rate

 38Table of Contents

NON-INTEREST INCOME AND NON-INTEREST EXPENSE

Non-interest Income

The components of non-interest income for the periods presented were as follows:

  Three Months Ended        Six Months Ended         June 30,  Change  June 30,  Change   2025  2024  Income  Percent  2025  2024  Income  Percent                          Service fees $969,775  $964,181  $5,594   0.58% $1,856,557  $1,862,101  $(5,544)  -0.30%Income from sold loans  96,705   98,469   (1,764)  -1.79%  166,082   177,573   (11,491)  -6.47%Other income from loans  331,759   278,223   53,536   19.24%  601,927   532,824   69,103   12.97%Other income                                Income from CFS Partners  548,308   328,598   219,710   66.86%  797,658   622,925   174,733   28.05%Other miscellaneous income  112,164   102,946   9,218   8.95%  215,096   210,901   4,195   1.99%Total non-interest income $2,058,711  $1,772,417  $286,294   16.15% $3,637,320  $3,406,324  $230,996   6.78%

Total non-interest income increased $286,294, or 16.2%, and $230,996 or 6.8%, respectively,