# EDGAR Filing Document

**Accession Number:** 0002023170
**File Stem:** 0002023170-26-000001
**Filing Date:** 2026-2
**Character Count:** 13083
**Document Hash:** e3591e4321ac5c52f78b7301f60dd489
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002023170-26-000001.hdr.sgml**: 20260205

**ACCESSION NUMBER**: 0002023170-26-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260205

**DATE AS OF CHANGE**: 20260205

**EFFECTIVENESS DATE**: 20260205

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Passumpsic Savings Bank
- **CENTRAL INDEX KEY:** 0002023170

**ORGANIZATION NAME:**
- **EIN:** 030147560
- **STATE OF INCORPORATION:** VT

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-24138
- **FILM NUMBER:** 26602487

**BUSINESS ADDRESS:**
- **STREET 1:** 1236 MAIN STREET
- **CITY:** ST. JOHNSBURY
- **STATE:** VT
- **ZIP:** 05819
- **BUSINESS PHONE:** (802) 751-4335

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 38
- **CITY:** ST. JOHNSBURY
- **STATE:** VT
- **ZIP:** 05819

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Passumpsic Savings Bank<br>**Address:** PO BOX 38<br>ST. JOHNSBURY, VT 05819

**Form 13F File Number:** 028-24138

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Daphne Bullock<br>**Title:** Vice President Trust Administrator<br>**Phone:** (802)751-4337

**Signature, Place, and Date of Signing:**

Daphne Bullock  St. Johnsbury, VT  02-05-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 91

**Form 13F Information Table Value Total:** $182722323

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO | Common Stock | 88579Y101 |  | 799700 | 4995 | SH |  | SOLE |  | 4995 | 0 | 0 |
| AES CORP | Common Stock | 00130H105 |  | 244497 | 17050 | SH |  | SOLE |  | 17050 | 0 | 0 |
| Alphabet Inc | Common Stock | 02079K107 |  | 274575 | 875 | SH |  | SOLE |  | 875 | 0 | 0 |
| Alphabet Inc | Common Stock | 02079K305 |  | 1627913 | 5201 | SH |  | SOLE |  | 5201 | 0 | 0 |
| AMAZON COM INC | Common Stock | 023135106 |  | 4285635 | 18567 | SH |  | SOLE |  | 18567 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | Common Stock | 025537101 |  | 4578499 | 39706 | SH |  | SOLE |  | 39706 | 0 | 0 |
| AMERIPRISE FINL INC | Common Stock | 03076C106 |  | 220653 | 450 | SH |  | SOLE |  | 450 | 0 | 0 |
| AMPHENOL CORP | Common Stock | 032095101 |  | 4204070 | 31109 | SH |  | SOLE |  | 31109 | 0 | 0 |
| APPLE INC | Common Stock | 037833100 |  | 1244303 | 4577 | SH |  | SOLE |  | 4577 | 0 | 0 |
| ARISTA NETWORKS INC | Common Stock | 040413205 |  | 4546086 | 34695 | SH |  | SOLE |  | 34695 | 0 | 0 |
| AT INC | Common Stock | 00206R102 |  | 530856 | 21371 | SH |  | SOLE |  | 21371 | 0 | 0 |
| BANK MONTREAL MEDIUM | Int'l Common Stock | 063671101 |  | 689704 | 5314 | SH |  | SOLE |  | 5314 | 0 | 0 |
| BANK NEW YORK MELLON CORP | Common Stock | 064058100 |  | 3104943 | 26746 | SH |  | SOLE |  | 26746 | 0 | 0 |
| BHP Group Ltd | Int'l Common Stock | 088606108 |  | 450239 | 7458 | SH |  | SOLE |  | 7458 | 0 | 0 |
| BOOKING HOLDINGS INC | Common Stock | 09857L108 |  | 3454188 | 645 | SH |  | SOLE |  | 645 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | Common Stock | 101137107 |  | 3140924 | 32941 | SH |  | SOLE |  | 32941 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | Common Stock | 110122108 |  | 280218 | 5195 | SH |  | SOLE |  | 5195 | 0 | 0 |
| Broadcom Inc | Common Stock | 11135F101 |  | 4336979 | 12531 | SH |  | SOLE |  | 12531 | 0 | 0 |
| CANADIAN PACIFIC KANSAS CITY | Common Stock | 13646K108 |  | 276039 | 3749 | SH |  | SOLE |  | 3749 | 0 | 0 |
| CBOE GLOBAL MKTS INC | Common Stock | 12503M108 |  | 2044646 | 8146 | SH |  | SOLE |  | 8146 | 0 | 0 |
| CENCORA INC | Common Stock | 03073E105 |  | 2204494 | 6527 | SH |  | SOLE |  | 6527 | 0 | 0 |
| CHEVRON CORPORATION | Common Stock | 166764100 |  | 237607 | 1559 | SH |  | SOLE |  | 1559 | 0 | 0 |
| CISCO SYS INC | Common Stock | 17275R102 |  | 314513 | 4083 | SH |  | SOLE |  | 4083 | 0 | 0 |
| CUMMINS INC | Common Stock | 231021106 |  | 3336301 | 6536 | SH |  | SOLE |  | 6536 | 0 | 0 |
| DISNEY WALT CO | Common Stock | 254687106 |  | 2856878 | 25111 | SH |  | SOLE |  | 25111 | 0 | 0 |
| DOMINION ENERGY INC | Common Stock | 25746U109 |  | 517233 | 8828 | SH |  | SOLE |  | 8828 | 0 | 0 |
| DUKE ENERGY CORP NEW | Common Stock | 26441C204 |  | 697986 | 5955 | SH |  | SOLE |  | 5955 | 0 | 0 |
| ELI LILLY  CO | Common Stock | 532457108 |  | 2630817 | 2448 | SH |  | SOLE |  | 2448 | 0 | 0 |
| EMCOR GROUP INC | Common Stock | 29084Q100 |  | 1725860 | 2821 | SH |  | SOLE |  | 2821 | 0 | 0 |
| Enbridge Inc | Int'l Common Stock | 29250N105 |  | 587400 | 12281 | SH |  | SOLE |  | 12281 | 0 | 0 |
| EXELON CORP | Common Stock | 30161N101 |  | 252909 | 5802 | SH |  | SOLE |  | 5802 | 0 | 0 |
| EXXON MOBIL CORP | Common Stock | 30231G102 |  | 514213 | 4273 | SH |  | SOLE |  | 4273 | 0 | 0 |
| Federated Hermes Inc | Common Stock | 314211103 |  | 377403 | 7248 | SH |  | SOLE |  | 7248 | 0 | 0 |
| FIDELITY NATIONAL FINANCIAL IN | Common Stock | 31620R303 |  | 608078 | 11139 | SH |  | SOLE |  | 11139 | 0 | 0 |
| FIRST AMERN FINL CORP | Common Stock | 31847R102 |  | 254362 | 4140 | SH |  | SOLE |  | 4140 | 0 | 0 |
| GE AEROSPACE | Common Stock | 369604301 |  | 7697670 | 24990 | SH |  | SOLE |  | 24990 | 0 | 0 |
| GE VERNOVA INC | Common Stock | 36828A101 |  | 3311639 | 5067 | SH |  | SOLE |  | 5067 | 0 | 0 |
| GENUINE PARTS CO | Common Stock | 372460105 |  | 324614 | 2640 | SH |  | SOLE |  | 2640 | 0 | 0 |
| GREAT LAKES DREDGE  DOCK CORP | Common Stock | 390607109 |  | 157440 | 12000 | SH |  | OTR |  | 12000 | 0 | 0 |
| HARTFORD INSURANCE GROUP INC | Common Stock | 416515104 |  | 2141412 | 15540 | SH |  | SOLE |  | 15540 | 0 | 0 |
| HOWMET AEROSPACE INC | Common Stock | 443201108 |  | 2663005 | 12989 | SH |  | SOLE |  | 12989 | 0 | 0 |
| INTERACTIVE BROKERS GROUP INC | Common Stock | 45841N107 |  | 2010909 | 31269 | SH |  | SOLE |  | 31269 | 0 | 0 |
| INTERDIGITAL INC | Common Stock | 45867G101 |  | 2394218 | 7520 | SH |  | SOLE |  | 7520 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | Common Stock | 459200101 |  | 667065 | 2252 | SH |  | SOLE |  | 2252 | 0 | 0 |
| INVESCO EXCHANGE-TRADED FD TR | Fixed Income ETF | 46138E529 |  | 767646 | 34402 | SH |  | SOLE |  | 34402 | 0 | 0 |
| INVESCO EXCHANGE-TRADED FD TR | Fixed Income ETF | 46138E537 |  | 273410 | 11790 | SH |  | SOLE |  | 11790 | 0 | 0 |
| ISHARES TR | Exchange Traded Fund | 464287481 |  | 1956736 | 14289 | SH |  | SOLE |  | 14289 | 0 | 0 |
| ISHARES TR | Exchange Traded Fund | 464289438 |  | 5057755 | 18263 | SH |  | SOLE |  | 18263 | 0 | 0 |
| ISHARES TR | Fixed Income ETF | 464289511 |  | 967026 | 19168 | SH |  | SOLE |  | 19168 | 0 | 0 |
| Johnson  Johnson | Common Stock | 478160104 |  | 389066 | 1880 | SH |  | SOLE |  | 1880 | 0 | 0 |
| JPMORGAN CHASE  CO | Common Stock | 46625H100 |  | 3103301 | 9631 | SH |  | SOLE |  | 9631 | 0 | 0 |
| KIMBERLY-CLARK CORP | Common Stock | 494368103 |  | 228011 | 2260 | SH |  | SOLE |  | 2260 | 0 | 0 |
| KINROSS GOLD CORP | Common Stock | 496902404 |  | 1689910 | 60011 | SH |  | SOLE |  | 60011 | 0 | 0 |
| Kraft Heinz Co | Common Stock | 500754106 |  | 403399 | 16635 | SH |  | SOLE |  | 16635 | 0 | 0 |
| LAM RESEARCH CORP | Common Stock | 512807306 |  | 3121810 | 18237 | SH |  | SOLE |  | 18237 | 0 | 0 |
| MAIN STR CAP CORP | Common Stock | 56035L104 |  | 641342 | 10620 | SH |  | SOLE |  | 10620 | 0 | 0 |
| MARKEL GROUP INC | Common Stock | 570535104 |  | 260108 | 121 | SH |  | OTR |  | 121 | 0 | 0 |
| MASTERCARD INCORPORATED | Common Stock | 57636Q104 |  | 2865247 | 5019 | SH |  | SOLE |  | 5019 | 0 | 0 |
| Meta Platforms Inc | Common Stock | 30303M102 |  | 2850929 | 4319 | SH |  | SOLE |  | 4319 | 0 | 0 |
| MICRON TECHNOLOGY INC | Common Stock | 595112103 |  | 2669154 | 9352 | SH |  | SOLE |  | 9352 | 0 | 0 |
| MICROSOFT CORP | Common Stock | 594918104 |  | 1567412 | 3241 | SH |  | SOLE |  | 3241 | 0 | 0 |
| NEXTERA ENERGY INC | Common Stock | 65339F101 |  | 448605 | 5588 | SH |  | SOLE |  | 5588 | 0 | 0 |
| NORTHWESTERN ENERGY GROUP INC | Common Stock | 668074305 |  | 719815 | 11153 | SH |  | SOLE |  | 11153 | 0 | 0 |
| NVIDIA CORPORATION | Common Stock | 67066G104 |  | 5092756 | 27307 | SH |  | SOLE |  | 27307 | 0 | 0 |
| OMNICOM GROUP INC | Common Stock | 681919106 |  | 228833 | 2834 | SH |  | SOLE |  | 2834 | 0 | 0 |
| ONEOK INC NEW | Common Stock | 682680103 |  | 590058 | 8028 | SH |  | SOLE |  | 8028 | 0 | 0 |
| PARKER-HANNIFIN CORP | Common Stock | 701094104 |  | 3369054 | 3833 | SH |  | SOLE |  | 3833 | 0 | 0 |
| PFIZER INC | Common Stock | 717081103 |  | 618192 | 24827 | SH |  | SOLE |  | 24827 | 0 | 0 |
| PHILLIPS 66 | Common Stock | 718546104 |  | 485836 | 3765 | SH |  | SOLE |  | 3765 | 0 | 0 |
| PRUDENTIAL FINL INC | Common Stock | 744320102 |  | 787451 | 6976 | SH |  | SOLE |  | 6976 | 0 | 0 |
| RESMED INC | Common Stock | 761152107 |  | 2156268 | 8952 | SH |  | SOLE |  | 8952 | 0 | 0 |
| Rio Tinto PLC | Int'l Common Stock | 767204100 |  | 724752 | 9056 | SH |  | SOLE |  | 9056 | 0 | 0 |
| Rio Tinto PLC | Int'l Common Stock | 767204100 |  | 80030 | 1000 | SH |  | OTR |  | 1000 | 0 | 0 |
| ROYAL CARIBBEAN GROUP | Common Stock | V7780T103 |  | 1517046 | 5439 | SH |  | SOLE |  | 5439 | 0 | 0 |
| SPDR SERIES TRUST | Fixed Income ETF | 78464A367 |  | 7353290 | 325655 | SH |  | SOLE |  | 325655 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | Int'l Common Stock | 874039100 |  | 6559466 | 21585 | SH |  | SOLE |  | 21585 | 0 | 0 |
| TESLA INC | Common Stock | 88160R101 |  | 1261015 | 2804 | SH |  | SOLE |  | 2804 | 0 | 0 |
| TJX COS INC NEW | Common Stock | 872540109 |  | 3321202 | 21621 | SH |  | SOLE |  | 21621 | 0 | 0 |
| TORONTO DOMINION BK ONT | Int'l Common Stock | 891160509 |  | 749832 | 7960 | SH |  | SOLE |  | 7960 | 0 | 0 |
| UBER TECHNOLOGIES INC | Common Stock | 90353T100 |  | 3179009 | 38906 | SH |  | SOLE |  | 38906 | 0 | 0 |
| Ubiquiti Inc | Common Stock | 90353W103 |  | 1802814 | 3258 | SH |  | SOLE |  | 3258 | 0 | 0 |
| VANGUARD INDEX FDS | Exchange Traded Fund | 922908512 |  | 642079 | 3620 | SH |  | SOLE |  | 3620 | 0 | 0 |
| VANGUARD INDEX FDS | Exchange Traded Fund | 922908595 |  | 971888 | 3217 | SH |  | SOLE |  | 3217 | 0 | 0 |
| VANGUARD INDEX FDS | Exchange Traded Fund | 922908611 |  | 652949 | 3083 | SH |  | SOLE |  | 3083 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | Fixed Income ETF | 92206C813 |  | 10160183 | 133951 | SH |  | SOLE |  | 133951 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | Fixed Income ETF | 92206C870 |  | 12489470 | 149128 | SH |  | SOLE |  | 149128 | 0 | 0 |
| VANGUARD SPECIALIZED FUNDS | Exchange Traded Fund | 921908844 |  | 1110988 | 5055 | SH |  | SOLE |  | 5055 | 0 | 0 |
| VANGUARD STAR FDS | International Equity ETF | 921909768 |  | 2808858 | 37233 | SH |  | SOLE |  | 37233 | 0 | 0 |
| VANGUARD WORLD FD | Exchange Traded Fund | 921910840 |  | 1839879 | 13034 | SH |  | SOLE |  | 13034 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | Common Stock | 92343V104 |  | 299284 | 7348 | SH |  | SOLE |  | 7348 | 0 | 0 |
| VISA INC | Common Stock | 92826C839 |  | 3070466 | 8755 | SH |  | SOLE |  | 8755 | 0 | 0 |

---