---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-004857"
form_type: "8-K"
ticker: "CMTV"
cik: "0000718413"
company_name: "COMMUNITY BANCORP /VT"
filed_at: "2024-04-22T23:59:59+00:00"
generated_at: "2026-06-03T14:48:48.739515+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Community Bancorp. Q1 2024 EPS $0.51, down 15.5% YoY; net income $2.8M

## Summary
- Net income of $2.8M ($0.51 per share) vs $3.3M ($0.61) in Q1 2023, a decline of $515,860.
- Net interest income decreased 1.94% to $8.4M; loan portfolio grew 14.21% YoY to $107.8M.
- Deposit balances declined $4.8M (0.54%) YoY; borrowed funds increased $83.9M to fund loan growth.
- Dividend maintained at $0.23 per share, payable May 1, 2024 to shareholders of record April 15, 2024.

## SEC filing metadata
- accession: 0001654954-24-004857
- form_type: 8-K
- ticker: CMTV
- cik: 0000718413
- company_name: COMMUNITY BANCORP /VT
- filed_at: 2024-04-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/718413/000165495424004857/0001654954-24-004857-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/718413/000165495424004857/cmtv_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-004857
- JSON: https://secwatch.observer/filing/0001654954-24-004857.json
- Plain text: https://secwatch.observer/filing/0001654954-24-004857.txt

## Key facts
- Earnings Releases
  COMMUNITY BANCORP /VT reported first quarter ended March 31, 2024 results: net income $2.8 million, EPS $0.51 per share.
  - Period: first quarter ended March 31, 2024
  - Net income: $2.8 million
  - EPS: $0.51 per share
  - Result: reported results
  source text: Community Bancorp. Reports First Quarter 2024 Earnings For immediate release Derby, VT: April 22, 2024 --- Community Bancorp., (OTCQX:CMTV) Community National Bank reported earnings for the first quarter ended March 31, 2024, of $2.8 million or $0.51 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/718413/000165495424004857/0001654954-24-004857-index.htm

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