Company: CMTV
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001654954-25-009542
Chunk: 0

Company: COMMUNITY BANCORP /VT
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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The following are the unaudited consolidated financial statements for the Company.

Community Bancorp. and Subsidiary June 30,  December 31, Consolidated Balance Sheets 2025   2024    (Unaudited)          Assets      Cash and due from banks $12,368,725  $9,875,427 Federal funds sold and overnight deposits  2,158,374   101,064,775 Total cash and cash equivalents  14,527,099   110,940,202 Securities available-for-sale (amortized cost $174,689,840 and $179,668,079 at June 30, 2025 and December 31, 2024,  respectively)  158,882,445   159,697,420 Restricted equity securities, at cost  3,420,350   2,629,350 Loans held-for-sale  858,100   0 Loans  941,762,995   927,940,805 Allowance for credit losses  (10,549,531)  (9,810,212)Deferred net loan costs  706,510   648,695 Net loans  931,919,974   918,779,288 Bank premises and equipment, net  12,313,292   12,072,985 Accrued interest receivable  4,442,618   4,472,474 Bank owned life insurance  5,358,795   5,318,354 Goodwill  11,574,269   11,574,269 Other assets  23,289,291   23,445,787 Total assets $1,166,586,233  $1,248,930,129          Liabilities and Shareholders' Equity        Liabilities        Deposits:        Demand, non-interest bearing $201,784,574  $197,697,470 Interest-bearing transaction accounts  260,019,923   304,212,085 Money market funds  130,403,424   169,533,067 Savings  143,344,871   142,925,828 Time deposits, $250,000 and over