For the quarter ending 2025-09-30, CMTV had $46,338,460 increase in cash & cash equivalents over the period. $4,944,583 in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 12,332,018 | - |
| Depreciation and amortization, bank premises and equipment | 782,239 | - |
| Credit loss expense | 990,853 | - |
| Deferred income tax (benefit) provision | -11,389 | - |
| Gain on sale of loans | 80,495 | - |
| Loss (gain) on sale of bank premises and equipment | -7,839 | - |
| Income from cfs partners | 1,388,678 | - |
| Amortization of bond premium, net | 34,695 | - |
| Proceeds from sales of loans held for sale | 3,724,595 | - |
| Originations of loans held for sale | 4,913,308 | - |
| Increase (decrease) in taxes payable | 158,634 | - |
| Decrease (increase) in interest receivable | -12,686 | - |
| Decrease in mortgage servicing rights | 65,997 | - |
| Decrease in right-of-use assets | 178,394 | - |
| Increase (decrease) in operating lease liabilities | 279,239 | - |
| Decrease (increase) in other assets | -31,633 | - |
| Increase in cash surrender value of boli | 60,289 | - |
| Amortization of limited partnerships | 638,604 | - |
| Change in net deferred loan fees and costs | 89,695 | - |
| (decrease) increase in interest payable | -1,912,291 | - |
| Decrease in accrued expenses | -305,597 | - |
| Decrease in other liabilities | -118,187 | - |
| Net cash provided by operating activities | 5,764,791 | 4,592,706 |
| Maturities, calls, pay downs and sales | 9,110,931 | 19,913,602 |
| Purchases | 14,971,773 | - |
| Proceeds from redemption of restricted equity securities | 1,231,000 | 1,316,700 |
| Purchases of restricted equity securities | 1,067,200 | 2,107,700 |
| Increase in loans, net | 20,468,581 | 13,933,241 |
| Capital expenditures net of proceeds from sales of bank premises and equipment | 820,208 | 386,502 |
| Purchases | - | -14,971,773 |
| Recoveries of loans charged off | 51,521 | 36,874 |
| Net cash used in investing activities | -11,962,537 | -10,132,040 |
| Net decrease in demand and interest-bearing transaction accounts | 27,611,989 | -40,105,058 |
| Net decrease in money market and savings accounts | 25,491,259 | -38,710,600 |
| Net increase in time deposits | 22,231,056 | 10,136,759 |
| Net decrease in repurchase agreements | -12,049,262 | -2,716,058 |
| Net (decrease) increase in short-term borrowings | -9,700,000 | -21,800,000 |
| Proceeds from long-term borrowings | 175,022 | 5,000,000 |
| Decrease in finance lease obligations | 58,687 | 116,370 |
| Shares purchased through stock buyback program | 701,470 | - |
| Dividends paid on preferred stock | 28,125 | 56,250 |
| Shares purchased through stock buyback program | - | -548,218 |
| Dividends paid on common stock | 983,794 | 1,957,974 |
| Net cash (used in) provided by financing activities | 52,536,206 | -90,873,769 |
| Net (decrease) increase in cash and cash equivalents | 46,338,460 | -96,413,103 |
| Cash and cash equivalents at beginning of period | 110,940,202 | - |
| Cash and cash equivalents at end of period | 60,865,559 | - |
COMMUNITY BANCORP VT (CMTV)
COMMUNITY BANCORP VT (CMTV)