Community Bancorp. reported its financial results for the third quarter and the first nine months of 2025, showcasing significant growth in both net income and total loans. For the three months ended September 30, 2025, the company achieved a net income of $4.7 million, or $0.84 per share, marking a 52.4% increase from $3.1 million, or $0.55 per share, in the same period of 2024. For the nine months, net income rose to $12.3 million, or $2.18 per share, compared to $8.7 million, or $1.55 per share, in the prior year. Total interest income for the third quarter increased by 10.4% to $15.4 million, while for the nine months, it rose by 11.9% to $44.8 million, driven by a growing loan portfolio and higher interest rates.
The company’s total assets decreased slightly to $1.23 billion as of September 30, 2025, down from $1.25 billion at the end of 2024. This decline was primarily due to a significant reduction in overnight deposits, which fell by 51.5% to $49.1 million. However, total loans increased by 3.7% to $961.9 million, with notable growth in residential real estate and commercial real estate loans. The allowance for credit losses also rose to $10.8 million, representing 1.12% of total loans, up from 1.06% at the end of 2024.
In terms of operational developments, Community Bancorp. saw an increase in its equity capital, which reached $111.9 million, with a book value per share of $19.64, up from $17.24 at the end of 2024. The company declared a quarterly cash dividend of $0.25 per common share, reflecting a 4% increase from the previous dividend. Additionally, the company’s affiliate, CFS Partners, underwent a change in ownership structure, increasing its share of profits from 33.3% to 50% following the redemption of a membership interest.
Looking ahead, Community Bancorp. remains focused on managing its balance sheet effectively while navigating potential risks from changing economic conditions, particularly in light of trade policy developments affecting its northern Vermont market. The company is committed to supporting its customers and communities while maintaining a strong capital position. Management anticipates that the current economic environment, including interest rate fluctuations, will continue to influence its financial performance and strategic decisions in the coming quarters.
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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