Community Bancorp Q2 net income $3.2M ($0.58 EPS), up 5.8% YoY; loan growth 11.1%

COMMUNITY BANCORP /VT

Net income $3.2M ($0.58 per share) vs $3.0M ($0.56) in Q2 2022; YTD net income $6.5M ($1.19) up 20.4%.
Loan portfolio grew $78M (+11.1% YoY) to support asset growth; total assets $1.03B.
Net interest income rose 5.5% to $8.2M; provision for credit losses decreased to $281K from $338K.
Book value per share $14.44, up from $13.55 at Dec 2022; quarterly dividend $0.23 payable Aug 1.
Non-interest income increased 12.5% to $1.8M for the quarter; non-interest expenses up 7.9%.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

COMMUNITY BANCORP /VT reported the second quarter ended June 30, 2023 results: net income $3.2 million, EPS $0.58 per share.

Period: the second quarter ended June 30, 2023
Net income: $3.2 million
EPS: $0.58 per share
Result: reported results

Exact text from the filing

Community Bancorp., (OTCQX:CMTV) Community National Bank reported earnings for the second quarter ended June 30, 2023, of $3.2 million or $0.58 per share

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

COMMUNITY BANCORP /VT reported six months ended June 30, 2023 results: net income $6.5 million, EPS $1.19 per share.

Period: six months ended June 30, 2023
Net income: $6.5 million
EPS: $1.19 per share
Result: reported results

Exact text from the filing

Year to date earnings for 2023 are $6.5 million or $1.19 per share

View on SEC.gov

Browse all earnings releases →

COMMUNITY BANCORP /VT filing history →

Source: SEC EDGAR

accession 0001654954-23-009565

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.