---
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"
generated_at: "2026-06-06T20:18:17.387914+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Community Bancorp Q4 net income $3.5M ($0.64 EPS), down 25% YoY; full year EPS $2.43 vs $2.53

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-000827
- JSON: https://secwatch.observer/filing/0001654954-24-000827.json
- Plain text: https://secwatch.observer/filing/0001654954-24-000827.txt

## Key facts
- Earnings Releases
  COMMUNITY BANCORP /VT reported the fourth quarter ended December 31, 2023 results: net income $3.5 million, EPS $0.64 per share.
  - Period: the fourth quarter ended December 31, 2023
  - Net income: $3.5 million
  - EPS: $0.64 per share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/718413/000165495424000827/0001654954-24-000827-index.htm
- Earnings Releases
  COMMUNITY BANCORP /VT reported the full year ended December 31, 2023 results: net income $13.4 million, EPS $2.43 per share.
  - Period: the full year ended December 31, 2023
  - Net income: $13.4 million
  - EPS: $2.43 per share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/718413/000165495424000827/0001654954-24-000827-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.