Company: CMTV
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001654954-25-013041
Chunk: 67

Company: COMMUNITY BANCORP /VT
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 67
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 to rate = Change in rate x old volumeVariances 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        Nine Months Ended         September 30,  Change  September 30,  Change   2025  2024  Income  Percent  2025  2024  Income  Percent                          Service fees $1,002,753  $972,338  $30,415   3.13% $2,859,310  $2,834,439  $24,871   0.88%Income from sold loans  102,389   96,294   6,095   6.33%  268,470   273,867   (5,397)  -1.97%Other income from loans  260,459   381,170   (120,711)  -31.67%  862,385   913,994   (51,609)  -5.65%Other income                                Income from CFS Partners  591,020   356,822   234,198   65.63%  1,388,678   979,747   408,931   41.74%Other miscellaneous income  138,433   200,050   (61,617)  -30.80%  353,531   410,951   (57,420)  -13.97%Total non-interest income $2,095,054  $2,006,674  $88,380   4.40% $5,732,374  $5,412,998  $319,376   5.90%

Total non-interest income increased $88,380, or 4.4%, and $319,376 or 5.9%, respectively, for the three and nine months ended September 30, 2025, compared to the same periods in 2024, with significant changes noted in the following:

 ·The volume of loans sold into the