Company: CMTV
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001654954-25-013041
Chunk: 136

Company: COMMUNITY BANCORP /VT
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 2
Chunk 136
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 The redemption was completed during the fourth quarter of 2025.

 49Table of Contents

As described in more detail in Note 22 to the audited consolidated financial statements contained in the Company’s 2024 Annual Report on Form 10-K and under the caption “LIQUIDITY AND CAPITAL RESOURCES” in the MD&A section of that report, the Company (on a consolidated basis) and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies pursuant to which they must meet specific capital guidelines that involve quantitative measures of their assets, liabilities and certain off-balance-sheet items.  Capital amounts and classifications are also subject to qualitative judgments by the regulators about components, risk weightings and other factors.

As of September 30, 2025, the Bank was considered well capitalized under the standard regulatory capital framework for Prompt Corrective Action and the Company exceeded currently applicable consolidated regulatory guidelines for capital adequacy. 

The following table shows the Company’s actual capital ratios and those of its subsidiary, as well as currently applicable regulatory capital requirements, as of the balance sheet dates:  

          Minimum  Minimum       Minimum  For Capital  To Be Well       For Capital  Adequacy Purposes  Capitalized Under       Adequacy  with Conservation  Prompt Corrective   Actual  Purposes  Buffer (1)  Action Provisions (2)   Amount  Ratio  Amount  Ratio  Amount  Ratio  Amount  Ratio   (Dollars in Thousands) September 30, 2025                        Common equity tier 1 capital (to risk-weighted assets)                        Company $109,339   12.56% $39,160   4.50% $60,915   7.00%  N/A   N/A Bank $122,357   14.07% $39,132   4.50% $60,872   7.00% $56,524   6.50%Tier 1 capital (to risk-weighted assets)                                Company $123,726   14.22% $52,213   6.00% $73,968   8.50%  N/A   N/A Bank $122