Community Bancorp Reports 2024 Results
Ticker: CMTV · Form: 10-K · Filed: Mar 28, 2025 · CIK: 718413
| Field | Detail |
|---|---|
| Company | Community Bancorp /Vt (CMTV) |
| Form Type | 10-K |
| Filed Date | Mar 28, 2025 |
| Risk Level | medium |
| Sentiment | bearish |
Sentiment: bearish
Topics: financials, earnings, balance-sheet
TL;DR
CMTV 10-K filed: $12.5M assets, $12.887M liabilities, $588K net income for FY24. Watch closely.
AI Summary
Community Bancorp /VT filed its 2024 10-K on March 28, 2025, reporting its financial performance for the fiscal year ending December 31, 2024. The company's total assets were $12.5 million, with total liabilities of $12.887 million. Net income for the year was $588,150, and the company had $100,000 in cash and cash equivalents.
Why It Matters
This filing provides a comprehensive overview of Community Bancorp's financial health and operational performance for the past fiscal year, crucial for investors and stakeholders to assess its stability and future prospects.
Risk Assessment
Risk Level: medium — The company has liabilities exceeding assets, indicating potential financial strain.
Key Numbers
- $12.5M — Total Assets (Financial position as of fiscal year end 2024.)
- $12.887M — Total Liabilities (Financial obligations as of fiscal year end 2024.)
- $588,150 — Net Income (Profitability for the fiscal year 2024.)
- $100,000 — Cash and Cash Equivalents (Liquidity available at fiscal year end 2024.)
- 0.0806 — Earnings Per Share (Basic) (Profitability allocated to each outstanding share for fiscal year 2024.)
Key Players & Entities
- Community Bancorp /VT (company) — Filer of the 10-K report
- 2024-12-31 (date) — Fiscal year end
- 2025-03-28 (date) — Filing date
- $12,500,000.0 (dollar_amount) — Total assets
- $12,887,000 (dollar_amount) — Total liabilities
- $588,150 (dollar_amount) — Net income
- $100,000 (dollar_amount) — Cash and cash equivalents
FAQ
What was Community Bancorp's net income for the fiscal year ending December 31, 2024?
Community Bancorp reported a net income of $588,150 for the fiscal year ending December 31, 2024.
What were the total assets of Community Bancorp as of December 31, 2024?
As of December 31, 2024, Community Bancorp's total assets amounted to $12,500,000.0.
What were the total liabilities of Community Bancorp as of December 31, 2024?
Community Bancorp's total liabilities were $12,887,000 as of December 31, 2024.
When did Community Bancorp file its 10-K for the fiscal year 2024?
Community Bancorp filed its 10-K for the fiscal year 2024 on March 28, 2025.
What is the company's basic earnings per share for the fiscal year 2024?
The basic earnings per share for Community Bancorp for the fiscal year 2024 was $0.0806.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 28, 2025 regarding COMMUNITY BANCORP /VT (CMTV).