Company: CMTV
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001654954-25-013041
Chunk: 13

Company: COMMUNITY BANCORP /VT
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 13
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 reduced for shares held in treasury. The following tables illustrate the calculation of earnings per common share for the periods presented, as adjusted for the cash dividends declared on the preferred stock: Three Months Ended September 30, 2025  2024        Net income, as reported $4,746,787  $3,114,251 Less: dividends to preferred shareholders  28,125   31,875 Net income available to common shareholders $4,718,662  $3,082,376 Weighted average number of common shares used in calculating earnings per share  5,607,086   5,563,774 Earnings per common share $0.84  $0.55  Nine Months Ended September 30, 2025  2024        Net income, as reported $12,332,018  $8,665,338 Less: dividends to preferred shareholders  84,375   95,625 Net income available to common shareholders $12,247,643  $8,569,713 Weighted average number of common shares used in calculating earnings per share  5,608,353   5,542,353 Earnings per common share $2.18  $1.55 

Note 4.  Investment Securities Debt securities AFS as of the balance sheet dates consisted of the following:     Gross  Gross     Amortized  Unrealized  Unrealized  Fair   Cost  Gains  Losses  Value September 30, 2025            U.S. GSE debt securities $12,000,000  $0  $648,053  $11,351,947 U.S. Government securities  13,532,112   0   289,382   13,242,730 Taxable Municipal securities  300,000   0   37,739   262,261 Tax-exempt Municipal securities  10,727,737   43,899   633,269   10,138,367 Agency MBS  124,624,532   430,579   12,098,002   112,957,109 ABS and OAS  1,745,