Company: CMTV
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001654954-25-009542
Chunk: 9

Company: COMMUNITY BANCORP /VT
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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 in short-term borrowings  (21,800,000)  22,100,000 Proceeds from long-term borrowings  5,000,000   30,000,000 Decrease in finance lease obligations  (116,370)  (112,782)Shares purchased through stock buyback program  (548,218)  0 Dividends paid on preferred stock  (56,250)  (63,750)Dividends paid on common stock  (1,957,974)  (1,824,681)Net cash used in financing activities  (90,873,769)  (3,216,430)         Net decrease in cash and cash equivalents  (96,413,103)  (2,005,566)Cash and cash equivalents:        Beginning  110,940,202   20,434,513 Ending $14,527,099  $18,428,947          Supplemental Schedule of Cash Paid During the Period:        Interest $11,980,946  $8,964,592          Income taxes, net of refunds $1,183,000  $921,000          Supplemental Schedule of Noncash Investing and Financing Activities:        Change in unrealized gain (loss) on securities AFS $4,163,265  $(1,706,273)         Loans transferred to OREO $0  $275,000          Additions to operating lease liabilities $510,199  $138,058          Investment in limited partnerships, not yet paid $4,356,000  $0          Common Shares Dividends Paid:        Dividends declared $2,690,221  $2,541,328 Increase in dividends payable attributable to dividends declared  (16,566)  (14,778)Dividends reinvested  (715,681)  (701,869)Total dividends paid $1,957,974  $1,824,681 

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

 10Table of Contents

Notes to Consolidated Financial Statements

Note 1.  Basis of Presentation and