secwatch.observer — SEC 8-K summary
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Issuer:     COMMUNITY BANCORP /VT (CMTV)
CIK:        0000718413
Form:       8-K
Filed at:   2023-07-24T23:59:59+00:00
Accession:  0001654954-23-009565
Event type: earnings
Sentiment:  positive
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/718413/000165495423009565/0001654954-23-009565-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/718413/000165495423009565/cmtv_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-009565

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