Community Bancorp (CMTV) AGM 2026 summary

Opening remarks and agenda

• Celebrated 175th anniversary and recent uplisting to Nasdaq, highlighting enhanced visibility and investor access.

Financial performance review

• Achieved total assets of $1.24 billion and gross loans of $985 million as of Q1 2026, with 8.8% CAGR loan growth since 2022.

• Maintained strong profitability: Q1 2026 ROAA at 1.42%, ROAE at 15.31%, and net interest margin at 3.81%.

• Efficiency ratio improved to 53.8% in Q1 2026, reflecting disciplined cost management.

• Net income for Q1 2026 was $4.37 million, with EPS growth outpacing share price gains over recent years.

• Asset quality remained robust, with NPAs/assets at 0.58% and net charge-offs at 0.00% for Q1 2026.

Board and executive committee updates

• Board chaired by Stephen Marsh, with Christopher Caldwell as President & CEO and Louise Bonvechio as EVP & CFO.

• Recognized Tom Adams for 40 years and Jake Wheeler for 15 years of service.