COMMUNITY BANCORP VT
For the period ended Dec 31, 2023. Filed Mar 29, 2024.
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FY2023 · Filed Mar 29, 2024
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EX-13 · Operating lease obligations
Operating lease obligations
The Company is obligated under non-cancelable operating leases for bank premises expiring in various years through 2026, with options to renew. Minimum future rental payments for these leases with original terms in excess of one year as of December 31, 2023 for each of the next three years and in aggregate are:
| 2024 | $199,648 |
| 2025 | 154,659 |
| 2026 | 99,165 |
| Total | $453,472 |
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