Company: CMTV
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001654954-25-013041
Chunk: 120

Company: COMMUNITY BANCORP /VT
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 2
Chunk 120
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16.74%  197,697,470   15.83%Interest-bearing transaction accounts  284,204,977   23.18%  304,212,085   24.36%Money market funds  155,502,114   12.68%  169,533,067   13.57%Savings deposits  143,737,440   11.72%  142,925,828   11.44%Time deposits  219,644,123   17.91%  187,276,308   14.99%Short-term advances  10,000,000   0.82%  0   0.00%Long-term advances  36,275,022   2.96%  72,600,000   5.81%

The following table reflects the changes in the composition of the Company's major categories of assets and liabilities between the balance sheet dates, as disclosed in the table above:

  Volume Change  Percentage Assets      Loans $33,941,704   3.66%AFS securities  (7,449,101)  -4.66%         Liabilities        Demand deposits  7,514,039   3.80%Interest-bearing transaction accounts  (20,007,108)  -6.58%Money market funds  (14,030,953)  -8.28%Savings deposits  811,612   0.57%Time deposits  32,367,815   17.28%Short-term advances  10,000,000   100.00%Long-term advances  (36,324,978)  -50.03%

 41Table of Contents

The increase in the loan portfolio during the first nine months of 2025 was primarily attributable to increases in CRE loans, residential real estate 1st lien loans, residential junior lien loans as well as purchased loans. 

The decrease in the securities AFS portfolio at September 30, 2025 is attributable to the combined effect during the first nine months of the year of purchases totaling $18.1 million and a decrease of $6.6 million in unrealized losses reflected in OCI, which was more than offset by maturities of $16.5 million and principal payments on M