Community Bancorp (CMTV)

Community Bancorp Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	48	41.82	32.56	33.07	31.61	29.88
Interest Income on Investments	4.86	5.08	4.56	1.72	1.45	1.88
Total Interest Income	52.86	46.9	37.11	34.79	33.06	31.76
Interest Paid on Deposits	12.89	9.34	3.2	2.57	4.1	5.12
Interest Paid on Borrowings	5.86	3.35	0.83	0.55	0.75	1.02
Total Interest Expense	18.75	12.69	4.03	3.12	4.85	6.14
Net Interest Income	34.11	34.21	33.08	31.67	28.22	25.62
Net Interest Income Growth (YoY)	-1.25%	3.40%	4.47%	12.24%	10.15%	4.00%
Gain (Loss) on Sale of Investments	0.04	0.04	-	-	0.04	-0.03
Gain (Loss) on Sale of Equity Investments	1.31	1.03	0.58	0.95	0.68	0.59
Other Non-Interest Income	5.56	5.64	5.45	4.83	4.58	4.68
Total Non-Interest Income	7.28	7.18	6.64	6.73	6.77	5.95
Non-Interest Income Growth (YoY)	2.20%	8.01%	-1.35%	-0.56%	13.89%	-3.81%
Revenues Before Loan Losses	41.39	41.38	39.73	38.4	34.99	31.56
Provision for Loan Losses	1.78	1.48	0.98	0.62	1.59	1.07
Revenue	39.61	39.9	38.75	37.78	33.4	30.5
Revenue Growth (YoY)	-3.86%	2.98%	2.57%	13.12%	9.52%	1.55%
Salaries and Employee Benefits	13.09	12.23	11.09	11.15	10.68	10.39
Occupancy Expenses	2.56	2.59	2.58	2.58	2.4	2.33
Selling, General & Administrative	0.7	0.7	0.72	0.7	0.7	0.72
Other Non-Interest Expense	8.76	8.06	7.48	7.23	6.61	6.43
Total Non-Interest Expense	25.1	23.58	21.87	21.66	20.39	19.88
EBT Excluding Unusual Items	14.51	16.33	16.88	16.12	13.01	10.61
Pretax Income	14.51	16.33	16.88	16.12	13.01	10.61
Income Tax Expense	2.31	2.9	3.14	2.98	2.25	1.79
Net Income	12.2	13.43	13.74	13.14	10.76	8.82
Preferred Dividends & Other Adjustments	0.13	0.12	0.07	0.05	0.05	0.09
Net Income to Common	12.07	13.31	13.67	13.09	10.7	8.74
Net Income Growth	-16.44%	-2.24%	4.58%	22.12%	21.92%	5.08%
Basic Shares Outstanding	6	5	5	5	5	5
Diluted Shares Outstanding	6	5	5	5	5	5
Shares Change (YoY)	1.45%	1.25%	1.08%	1.35%	1.35%	1.27%
EPS (Basic)	2.18	2.43	2.53	2.45	2.03	1.68
EPS (Diluted)	2.18	2.43	2.53	2.45	2.03	1.68
EPS Growth	-17.86%	-3.85%	3.34%	20.66%	20.89%	4.01%
Dividend Per Share	0.930	0.920	0.920	0.880	0.760	0.760
Dividend Growth	1.09%	0%	4.55%	15.79%	0%	2.70%
Effective Tax Rate	15.92%	17.73%	18.58%	18.50%	17.28%	16.86%

Source: S&P Capital IQ. Banks template. Financial Sources.