Community Bancorp, a Vermont-based bank holding company, reported a solid financial performance for the fiscal year ending December 31, 2025, with total revenues reaching $16.4 million, a 10% increase from the previous year. The company’s net income also saw a significant rise, amounting to $4.2 million, compared to $3.8 million in 2024, reflecting a 10.5% growth in profitability. This growth can be attributed to an increase in net interest income, which rose due to higher loan volumes and improved interest margins, despite the challenges posed by fluctuating interest rates.
In terms of strategic developments, Community Bancorp has made notable advancements, including the expansion of its branch network and the establishment of a loan production office in Lebanon, New Hampshire, which aims to enhance its market presence in the neighboring state. The company also increased its ownership stake in CFSG, its affiliated non-depository trust company, to 50% following the redemption of Guaranty Bancorp Inc.'s interest. This move is expected to bolster the bank's wealth management services and enhance its competitive positioning in the market.
Operationally, Community Bancorp reported a total employee count of 134 as of December 31, 2025, comprising 125 full-time and 9 part-time employees. The bank's customer base has also expanded, with a notable increase in both deposit accounts and loan originations, particularly in commercial and residential real estate lending. The bank has maintained a strong capital position, with a common equity Tier 1 capital ratio of 12.5%, well above the regulatory minimum, which positions it favorably for future growth and potential dividend payments.
Looking ahead, Community Bancorp remains optimistic about its growth prospects, particularly in the Central Vermont and Chittenden County markets, where economic activity is more robust. The company plans to continue focusing on enhancing its product offerings and expanding its geographic footprint. However, it acknowledges potential risks, including interest rate fluctuations and economic conditions that could impact loan demand and asset quality. Management is committed to navigating these challenges while leveraging its community-oriented approach to banking to sustain its competitive advantage.
About COMMUNITY BANCORP /VT
Community Bancorp./VT is a bank holding company primarily operating through Community National Bank, which offers a broad range of banking services including personal, business, real estate, municipal, and wealth management. Serving northeastern and central Vermont and parts of New Hampshire, it emphasizes community relationships, local market knowledge, and tailored financial products to individuals, small-to-medium businesses, and government entities. The company focuses on stable deposit bases and prudent regulatory compliance.
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