Company: CMTV
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001654954-25-009542
Chunk: 21

Company: COMMUNITY BANCORP /VT
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 21
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321   0   0   (57,068)  85,253 Residential Real Estate - 1st Lien  2,574,341   0   0   120,314   2,694,655 Residential Real Estate - Jr Lien  442,394   0   1,207   (17,978)  425,623 Consumer  23,601   (20,691)  2,982   19,113   25,005 Totals $10,027,768  $(79,918) $35,944  $351,921  $10,335,715  For the six months ended June 30, 2024   Balance        Credit Loss  Balance   December 31,        Expense  June 30,   2023  Charge-offs  Recoveries  (Reversal)  2024                 Commercial & Industrial $1,100,688  $(151,519) $44,069  $93,841  $1,087,079 Purchased  37,065   0   0   (5,004)  32,061 Commercial Real Estate  5,522,082   (45,393)  0   509,350   5,986,039 Municipal  136,167   0   0   (50,914)  85,253 Residential Real Estate - 1st Lien  2,590,926   0   0   103,729   2,694,655 Residential Real Estate - Jr Lien  431,007   0   2,415   (7,799)  425,623 Consumer  24,790   (33,509)  7,206   26,518   25,005 Totals $9,842,725  $(230,421) $53,690  $669,721  $10,335,715  Credit Quality Grouping In developing the ACL, management uses credit quality groupings to help evaluate trends in credit quality. The Company groups credit risk into Groups A,