{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-24-000827","form_type":"8-K","ticker":"CMTV","cik":"0000718413","company_name":"COMMUNITY BANCORP /VT","filed_at":"2024-01-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.740756+00:00","generated_at":"2026-06-06T20:18:17.387914+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Community Bancorp Q4 net income $3.5M ($0.64 EPS), down 25% YoY; full year EPS $2.43 vs $2.53","bullets":["Q4 net income $3.5M ($0.64 EPS), down 25% YoY from $4.7M ($0.86 EPS); full year $13.4M ($2.43) vs $13.7M ($2.53).","Total assets $1.10B, up 4.1% YoY; loans grew $96.9M (+12.94%) offset by cash decline of $50.7M.","Quarterly cash dividend $0.23/share declared, payable Feb 1, 2024 to record Jan 15.","Provision for credit losses increased to $672K in Q4 from negative $347K; full year $1.48M vs $978K driven by single NPL write-down.","Equity capital rose to $89M ($15.87 book value) from $75.2M ($13.55), helped by lower unrealized losses on bonds."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-24-000827","json":"https://secwatch.observer/filing/0001654954-24-000827.json","markdown":"https://secwatch.observer/filing/0001654954-24-000827.md","text":"https://secwatch.observer/filing/0001654954-24-000827.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/718413/000165495424000827/0001654954-24-000827-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/718413/000165495424000827/cmtv_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T20:18:17.387914+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"513e65a0e4232fa63f0e0c89c72e04f1c3d6d013","claim":"COMMUNITY BANCORP /VT reported the fourth quarter ended December 31, 2023 results: net income $3.5 million, EPS $0.64 per share.","evidence_excerpt":"Community Bancorp., (OTCQX:CMTV) Community National Bank reported earnings for the fourth quarter ended December 31, 2023, of $3.5 million or $0.64 per share, a decrease of $1.2 million or 24.85% compared to $4.7 million or $0.86 per share for the fourth quarter of 2022, as significantly higher interest rates affected the Bank’s operations.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/718413/000165495424000827/0001654954-24-000827-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Net income","value":"$3.5 million"},{"label":"EPS","value":"$0.64 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a5ef03ac4ec040283bddfea2fe8fb076417d630c","claim":"COMMUNITY BANCORP /VT reported the full year ended December 31, 2023 results: net income $13.4 million, EPS $2.43 per share.","evidence_excerpt":"Full year earnings for 2023 were $13.4 million or $2.43 per share, compared to $13.7 million or $2.53 per share for the prior year period, a decrease of $308 thousand or 2.24%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/718413/000165495424000827/0001654954-24-000827-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ended December 31, 2023"},{"label":"Net income","value":"$13.4 million"},{"label":"EPS","value":"$2.43 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}