Company: CMTV
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001654954-25-005620
Chunk: 3

Company: COMMUNITY BANCORP /VT
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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 declared per common share $0.24  $0.23 

The accompanying notes are an integral part of these unaudited interim consolidated financial statements.

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Community Bancorp. and Subsidiary      Consolidated Statements of Comprehensive Income      (Unaudited) Three Months Ended March 31,   2025   2024        Net income $3,525,455  $2,822,901          Other comprehensive income (loss)        Unrealized holding gain (loss) on securities AFS arising during the period  3,006,141   (1,908,870)Tax effect  (631,290)  400,862 Other comprehensive income (loss), net of tax  2,374,851   (1,508,008)Total comprehensive income $5,900,306  $1,314,893 

The accompanying notes are an integral part of these unaudited interim consolidated financial statements. 

 5Table of Contents

Community Bancorp. and SubsidiaryConsolidated Statements of Changes in Shareholders' Equity(Unaudited)

  Three Months Ended March 31, 2025         Additional           Total   Common  Preferred  paid-in   Retained     Treasury  shareholders'   Stock  Stock  capital  earnings  AOCI*  stock  equity                       January 1, 2025 $14,522,588  $1,500,000  $38,801,755  $61,623,460  $(15,776,821) $(2,622,777) $98,048,205                              Issuance of common stock  53,085       310,454               363,539 Cash dividends declared                            Common stock              (1,343,515)          (1,343,515)Preferred stock              (28,125)          (28,125)Shares purchased through stock buyback program                      (35,380)  (35,380)Comprehensive income                            Net income              3,525,455