Community Bancorp Q2 FY26 net income rises 15.5% to $4.7 million
CMTV•Quarterly results and margin expansion
- Community Bancorp. Q2 net income rose 15.5% to $4.7 million; diluted EPS climbed to $0.84 from $0.72.
- Net interest income rose to $11.25 million from $9.89 million; tax-equivalent net interest margin widened 31 bps to 3.95%.
Credit costs, balance sheet and dividend
- Credit loss expense increased 77.1% to $720,967, including $158,419 tied to off-balance-sheet credit exposure.
- Total deposits fell 8.3% to $982 million from $1.07 billion; total assets declined 8.9% to $1.17 billion from $1.29 billion.
- Equity capital increased to $120.1 million; board declared a $0.25 quarterly dividend payable Aug. 1.
