Community Bancorp (CMTV)

Community Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	49.62	41.82	32.56	33.07	31.61
Interest Income on Investments	5.38	5.08	4.56	1.72	1.45
Total Interest Income	55	46.9	37.11	34.79	33.06
Interest Paid on Deposits	14.12	9.34	3.2	2.57	4.1
Interest Paid on Borrowings	6.25	3.35	0.83	0.55	0.75
Total Interest Expense	20.37	12.69	4.03	3.12	4.85
Net Interest Income	34.63	34.21	33.08	31.67	28.22
Net Interest Income Growth (YoY)	1.23%	3.40%	4.47%	12.24%	10.15%
Gain (Loss) on Sale of Investments	-	0.04	-	-	0.04
Gain (Loss) on Sale of Equity Investments	1.22	1.03	0.58	0.95	0.68
Other Non-Interest Income	5.59	5.64	5.45	4.83	4.58
Total Non-Interest Income	7.18	7.18	6.64	6.73	6.77
Non-Interest Income Growth (YoY)	0.10%	8.01%	-1.35%	-0.56%	13.89%
Revenues Before Loan Losses	41.81	41.38	39.73	38.4	34.99
Provision for Loan Losses	1.13	1.48	0.98	0.62	1.59
Revenue	40.68	39.9	38.75	37.78	33.4
Revenue Growth (YoY)	1.95%	2.98%	2.57%	13.12%	9.52%
Salaries and Employee Benefits	13.23	12.23	11.09	11.15	10.68
Occupancy Expenses	2.51	2.59	2.58	2.58	2.4
Selling, General & Administrative	0.7	0.7	0.72	0.7	0.7
Other Non-Interest Expense	9.03	8.06	7.48	7.23	6.61
Total Non-Interest Expense	25.48	23.58	21.87	21.66	20.39
EBT Excluding Unusual Items	15.2	16.33	16.88	16.12	13.01
Pretax Income	15.2	16.33	16.88	16.12	13.01
Income Tax Expense	2.44	2.9	3.14	2.98	2.25
Net Income	12.76	13.43	13.74	13.14	10.76
Preferred Dividends & Other Adjustments	0.13	0.12	0.07	0.05	0.05
Net Income to Common	12.64	13.31	13.67	13.09	10.7
Net Income Growth	-4.97%	-2.24%	4.58%	22.12%	21.92%
Basic Shares Outstanding	6	5	5	5	5
Diluted Shares Outstanding	6	5	5	5	5
Shares Change (YoY)	1.49%	1.25%	1.08%	1.35%	1.34%
EPS (Basic)	2.28	2.43	2.53	2.45	2.03
EPS (Diluted)	2.28	2.43	2.53	2.45	2.03
EPS Growth	-6.44%	-3.85%	3.34%	20.66%	20.89%
Dividend Per Share	0.940	0.920	0.920	0.880	0.760
Dividend Growth	2.17%	-	4.54%	15.79%	-
Effective Tax Rate	16.04%	17.73%	18.58%	18.50%	17.28%

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Banks template. Financial Sources.