Community Bancorp Announces Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2011
January 31, 2012 at 08:57 am
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Community Bancorp announced earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company reported earnings of $946,735 or $0.19 per share compared to $1,486,785 or $0.31 per share a year ago.
For the year, the company reported earnings of $3,583,546 or $0.73 per share compared to $3,946,008 or $0.82 per share a year ago. Book value per share was $8.13 as of December 31, 2011.
Community Bancorp. is a bank holding company for Community National Bank (the Bank). Through the Bank, it provides a range of loan and deposit services to individuals, businesses, nonprofit organizations and municipalities in its northern and central Vermont markets. Its services include business banking, commercial real estate lending, residential real estate lending, retail credit, municipal and institutional banking and retail banking. It offers a range of credit products for a variety of general business purposes, including financing for commercial business properties, equipment, inventories and accounts receivable, and standby letters of credit. It provides a range of products to meet the financing needs of commercial developers and investors, residential builders and developers and community development entities. It also provides a full range of consumer banking services, including checking accounts, night deposit facilities and online, mobile, telephone banking and others.
COMMUNITY BANCORP 
