secwatch.observer — SEC 8-K summary
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Issuer:     COMMUNITY BANCORP /VT (CMTV)
CIK:        0000718413
Form:       8-K
Filed at:   2024-07-23T23:59:59+00:00
Accession:  0001654954-24-009313
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Community Bancorp Q2 EPS $0.49, down 15% YoY; authorizes 275K share repurchase
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- Q2 net income $2.7M ($0.49/share), down 14.65% from $3.2M ($0.58/share) YoY.
- H1 net income $5.6M ($0.99/share), down 15.06% from $6.5M ($1.19/share) YoY.
- Loan portfolio grew 10.40% YoY to $81.19M; deposits decreased 0.29%.
- Board authorized repurchase of up to 5% (275,000 shares) over five years.
- Book value per share $16.17, up from $15.87 at year-end 2023; dividend $0.23/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/718413/000165495424009313/0001654954-24-009313-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/718413/000165495424009313/cmtv_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-009313

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer